| Market Cap | $27.2M | |
| Enterprise Value | — | |
| Revenue | $35.0M | +49.6% |
| Gross Profit | $6.7M | +125.6% |
| EBITDA | -$1.5M | — |
| Net Income | -$726,514 | — |
| Diluted EPS | -$0.02 | — |
| Free Cash Flow | -$3.2M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 19.35% | 17.63% | 15.90% | 15.28% | 11.39% | 17.17% | 58% | 13% | |
| Operating Margin | 9.43% | 12.39% | −20.73% | −5.11% | −19.29% | −6.21% | 42% | 38% | |
| EBITDA Margin | 10.20% | 12.68% | −17.95% | −3.17% | −15.95% | −4.35% | 42% | 35% | |
| NOPAT Margin | 7.65% | 9.73% | −16.38% | −4.04% | −15.24% | −4.91% | 42% | 33% | |
| Net Margin | 7.39% | 9.61% | −15.68% | −6.23% | −12.87% | −0.53% | 58% | 48% | |
| FCF Margin | 29.07% | 6.56% | −31.04% | −4.20% | −2.69% | 3.93% | 58% | 40% | |
| OCF Margin | 29.31% | 6.57% | −30.87% | −4.10% | −2.51% | 4.00% | 58% | 36% | |
| Gross Profitability | 22.21% | 56.18% | 7.33% | 12.33% | 7.51% | 15.42% | 58% | 25% | |
| Capex Intensity | 0.24% | 0.01% | 0.18% | 0.10% | 0.18% | 0.07% | 25% | 3% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 3 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 8 ratios | |||||||||
| ▸Capital allocation · 1 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 37.2% vs reported ROE 54.4%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $75.1M | $184.1M | $24.0M | $45.9M | $30.8M | $46.1M |
| YoY % | +145.3% | -87.0% | +91.5% | -33.0% | +49.6% | |
| Cost of Revenue | $60.5M | $151.7M | $20.2M | $38.9M | $27.3M | $38.2M |
| YoY % | +150.5% | -86.7% | +92.9% | -29.9% | +39.9% | |
| Gross Profit | $14.5M | $32.5M | $3.8M | $7.0M | $3.5M | $7.9M |
| YoY % | +123.5% | -88.2% | +84.0% | -50.0% | +125.6% | |
| R&D Expense | $3.7M | $4.6M | $4.3M | $3.9M | $3.4M | $4.1M |
| YoY % | +21.9% | -6.3% | -8.5% | -13.1% | +20.4% | |
| SG&A Expense | $3.7M | $5.1M | $4.5M | $5.5M | $6.0M | $6.7M |
| YoY % | +37.2% | -11.2% | +20.9% | +10.8% | +10.5% | |
| Total Operating Expenses | $7.4M | $9.6M | $8.8M | $9.4M | $9.4M | $10.8M |
| YoY % | +29.5% | -8.9% | +6.6% | +0.8% | +14.1% | |
| Operating Income | $7.1M | $22.8M | -$5.0M | -$2.3M | -$5.9M | -$2.9M |
| YoY % | +222.4% | |||||
| Other Non-Operating Income | $220,764 | $617,167 | $265,419 | -$1.5M | $823,784 | $2.7M |
| YoY % | +179.6% | -57.0% | +225.1% | |||
| Pretax Income | $7.3M | $23.4M | -$4.7M | -$3.8M | -$5.1M | -$185,596 |
| YoY % | +221.1% | |||||
| Income Tax | $1.4M | $5.0M | -$1.0M | -$886,659 | -$949,300 | -$45,167 |
| YoY % | +265.1% | |||||
| Net Income (incl. NCI) | $5.9M | $18.4M | -$3.7M | -$2.9M | -$4.2M | -$140,429 |
| YoY % | +210.8% | |||||
| Minority Interest (P&L) | $189,105 | $697,147 | $90,443 | -$81,638 | -$202,655 | $79,070 |
| YoY % | +268.7% | -87.0% | ||||
| Net Income | $5.6M | $17.7M | -$3.8M | -$2.9M | -$4.0M | -$243,101 |
| YoY % | +218.9% | |||||
| EPS (Basic) | $0.52 | $1.56 | -$0.32 | -$0.24 | -$0.34 | -$0.02 |
| YoY % | +200.0% | |||||
| EPS (Diluted) | $0.52 | $1.53 | -$0.32 | -$0.24 | -$0.34 | -$0.02 |
| YoY % | +194.2% | |||||
| Weighted Avg Shares (Basic) | 10.6M | 11.4M | 11.6M | 11.7M | 11.8M | 11.8M |
| YoY % | +7.3% | +2.3% | +1.1% | +0.4% | 0.0% | |
| Weighted Avg Shares (Diluted) | 10.7M | 11.6M | 11.6M | 11.7M | 11.8M | 11.8M |
| YoY % | +8.2% | +0.2% | +1.1% | +0.4% | 0.0% |
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.
