| Market Cap | $56.9M | |
| Enterprise Value | — | |
| Revenue | $65.7M | −15.9% |
| Gross Profit | — | — |
| EBITDA | -$9.2M | −178.4% |
| Net Income | -$8.7M | −330.0% |
| Diluted EPS | -$0.49 | −406.3% |
| Free Cash Flow | -$27.8M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Gross Margin | — | — | 98.55% | — | — | — | — | — | — | — |
| Operating Margin | −11.07% | −42.88% | −1.65% | −13.11% | −31.96% | 10.14% | −23.06% | 36% | 17% | |
| EBITDA Margin | 812.66% | 945.82% | 6.50% | −7.48% | −24.28% | 14.99% | −13.97% | 21% | 15% | |
| NOPAT Margin | −8.74% | −33.88% | −1.65% | −10.36% | −25.24% | 9.86% | −18.21% | 36% | 15% | |
| Net Margin | −37.50% | −200.21% | 4.05% | −14.25% | −43.28% | 4.81% | −13.17% | 64% | 24% | |
| FCF Margin | — | −84.32% | 8.14% | −14.80% | −23.73% | — | — | — | — | |
| FCFF Margin | — | — | 8.78% | — | — | — | — | — | — | — |
| OCF Margin | 19.76% | −63.68% | 8.70% | −12.93% | −21.56% | 22.22% | −40.31% | 21% | 7% | |
| Gross Profitability | — | — | 52.79% | — | — | — | — | — | — | — |
| Capex Intensity | — | 20.64% | 0.56% | 1.87% | 2.18% | — | — | — | — | |
| ▸Returns on Capital · 6 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||
| ▸Earnings quality · 6 ratios | ||||||||||
| ▸Liquidity & coverage · 8 ratios | ||||||||||
| ▸Leverage · 8 ratios | ||||||||||
| ▸Working capital · 8 ratios | ||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||
| ▸Per share · 3 ratios | ||||||||||
| ▸Other · 1 ratios | ||||||||||
The five drivers multiply to 10.3% vs reported ROE 10.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ | 2026↗ |
|---|---|---|---|---|---|---|---|
| Revenue | $39.3M | $31.4M | $56.1M | $68.0M | $49.1M | $78.2M | $65.7M |
| YoY % | -20.0% | +78.4% | +21.4% | -27.8% | +59.1% | -15.9% | |
| Cost of Revenue | — | — | $813,000 | — | — | — | — |
| SG&A Expense | $16.3M | $21.9M | $29.6M | $36.8M | $27.9M | $27.7M | $43.3M |
| YoY % | +33.8% | +35.1% | +24.6% | -24.2% | -0.8% | +56.4% | |
| Total Operating Expenses | $43.6M | $44.9M | $57.0M | $76.9M | $64.8M | $70.3M | $80.9M |
| YoY % | +2.9% | +26.9% | +35.0% | -15.7% | +8.4% | +15.1% | |
| Operating Income | -$4.3M | -$13.5M | -$925,000 | -$8.9M | -$15.7M | $7.9M | -$15.2M |
| Interest Expense | $7.3M | $4.1M | $356,000 | $1.3M | $1.1M | $4.4M | — |
| YoY % | -43.7% | -91.3% | +262.4% | -17.4% | +309.5% | ||
| Interest & Investment Income | — | $37,000 | $1,000 | — | — | — | — |
| YoY % | -97.3% | ||||||
| Other Non-Operating Income | -$1.2M | -$681,000 | $1,000 | -$13,000 | -$190,000 | $311,000 | -$137,000 |
| Equity Method Income | $1.6M | -$43.5M | $585,000 | — | — | — | — |
| Impairment of Real Estate | $900,000 | $300,000 | $2.0M | $0 | $0 | $0 | $0 |
| YoY % | -66.7% | +556.0% | -100.0% | ||||
| Pretax Income | -$14.4M | -$63.2M | $1.5M | -$9.6M | -$21.3M | $3.9M | -$11.5M |
| Income Tax | $313,000 | -$315,000 | -$788,000 | $119,000 | $10,000 | $106,000 | -$2.8M |
| YoY % | -91.6% | +960.0% | |||||
| Income from Continuing Operations | -$14.7M | — | — | — | — | — | — |
| Income from Discontinued Operations | — | — | -$133,000 | — | — | — | — |
| Net Income (incl. NCI) | -$14.7M | -$62.9M | $2.3M | -$9.7M | -$21.3M | $3.8M | -$8.7M |
| Minority Interest (P&L) | $10,000 | -$85,000 | $59,000 | $39,000 | $142,000 | $162,000 | $178,000 |
| YoY % | -33.9% | +264.1% | +14.1% | +9.9% | |||
| Net Income | -$14.7M | -$62.9M | $2.3M | -$9.7M | -$21.3M | $3.8M | -$8.7M |
| Net Income to Common | -$15.1M | -$63.2M | $1.8M | -$10.1M | -$21.8M | $3.2M | -$9.2M |
| EPS (Basic) | — | -$0.49 | $0.21 | -$1.13 | -$1.78 | $0.18 | -$0.49 |
| EPS (Diluted) | -$0.34 | -$0.49 | $0.20 | -$1.13 | -$1.78 | $0.16 | -$0.49 |
| Weighted Avg Shares (Basic) | — | 127.8M | 8.5M | 8.9M | 12.3M | 15.8M | 18.8M |
| YoY % | -93.3% | +4.2% | +37.8% | +29.1% | +18.7% | ||
| Weighted Avg Shares (Diluted) | — | 127.8M | 8.7M | 8.9M | 12.3M | 17.8M | 18.8M |
| YoY % | -93.2% | +2.3% | +37.8% | +45.4% | +5.4% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
