| Market Cap | $88.7M | |
| Enterprise Value | — | |
| Revenue | $11.6M | +545.3% |
| Gross Profit | $1.8M | +64.2% |
| EBITDA | -$90.4M | — |
| Net Income | -$304.4M | +564.5% |
| Diluted EPS | — | — |
| Free Cash Flow | — | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 90.18% | 81.35% | 16.93% | 59.33% | 59.44% | 15.12% | 8% | 9% | |
| Operating Margin | 59.87% | 41.68% | −58.21% | −46.98% | −0.93% | −690.49% | 8% | 2% | |
| EBITDA Margin | 59.87% | 41.84% | −55.83% | — | — | — | — | — | |
| NOPAT Margin | — | 34.25% | −45.98% | −45.03% | −0.68% | −495.39% | 10% | 1% | |
| Net Margin | 42.65% | 35.99% | −78.48% | −376.70% | 1196.85% | 1232.61% | 92% | 99% | |
| FCF Margin | 18.53% | −29.00% | −329.84% | — | — | — | — | — | |
| OCF Margin | 18.53% | −26.10% | −323.90% | 767.33% | — | −26.47% | 30% | 10% | |
| Gross Profitability | 41.76% | 60.09% | 4.25% | 2.92% | 1.15% | 0.34% | 8% | 2% | |
| Capex Intensity | 0.00% | 2.90% | 5.94% | — | — | — | — | — | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 6 ratios | |||||||||
| ▸Liquidity & coverage · 2 ratios | |||||||||
| ▸Leverage · 2 ratios | |||||||||
| ▸Working capital · 5 ratios | |||||||||
| ▸Capital allocation · 1 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
The five drivers multiply to 42.0% vs reported ROE 44.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $6.3M | $14.4M | $11.7M | $2.6M | $1.8M | $11.6M |
| YoY % | +129.3% | -18.8% | -77.4% | -31.6% | +545.3% | |
| Cost of Revenue | $615,595 | $2.7M | $9.7M | $1.1M | $730,000 | $9.9M |
| YoY % | +335.7% | +261.5% | -89.0% | -31.8% | +1250.4% | |
| Gross Profit | $5.7M | $11.7M | $2.0M | $1.4M | $1.1M | $1.8M |
| YoY % | +106.8% | -83.1% | -27.7% | -25.1% | +64.2% | |
| R&D Expense | — | — | — | — | — | $14.5M |
| Selling & Marketing Expense | — | — | — | — | — | $750,184 |
| SG&A Expense | $1.9M | $5.7M | $6.8M | $2.7M | $1.1M | $66.7M |
| YoY % | +200.1% | +19.1% | -60.8% | -59.2% | +6039.3% | |
| Total Operating Expenses | — | — | — | $2.7M | $1.1M | $82.0M |
| YoY % | -59.2% | +7440.9% | ||||
| Operating Income | $3.8M | $6.0M | -$6.8M | -$1.2M | -$16,804 | -$80.2M |
| YoY % | +59.7% | |||||
| Other Non-Operating Income | — | — | — | — | $43.2M | $279.7M |
| YoY % | +547.7% | |||||
| Impairment of Real Estate | — | — | — | — | $13.4M | — |
| Pretax Income | — | $6.3M | -$6.8M | $3.2M | $29.8M | $199.5M |
| YoY % | +845.1% | +570.1% | ||||
| Income Tax | $1.2M | $1.1M | -$82,654 | $130,415 | $8.2M | $56.4M |
| YoY % | -3.5% | +6214.1% | +584.7% | |||
| Income from Continuing Operations | — | — | -$6.8M | $3.0M | $21.5M | $143.2M |
| YoY % | +613.2% | +564.5% | ||||
| Income from Discontinued Operations | — | — | -$2.4M | -$12.9M | $6,296 | — |
| Net Income | $2.7M | $5.2M | -$9.2M | -$9.9M | $21.5M | $143.2M |
| YoY % | +93.5% | +564.5% | ||||
| Net Income to Common | $2.7M | $5.2M | — | — | — | — |
| YoY % | +93.5% | |||||
| EPS (Basic) | $0.01 | $0.02 | -$5.60 | $1.90 | — | — |
| YoY % | +100.0% | |||||
| EPS (Diluted) | — | — | -$5.60 | $2.10 | — | — |
| Weighted Avg Shares (Basic) | 304.2M | 305.5M | 1.2M | 1.5M | 28,878 | 2.3M |
| YoY % | +0.4% | -99.6% | +27.6% | -98.1% | +7925.8% | |
| Weighted Avg Shares (Diluted) | — | — | 1.2M | 1.5M | 28,878 | 2.3M |
| YoY % | +27.6% | -98.1% | +7925.8% |
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.
