| Market Cap | $255.6M | |
| Enterprise Value | — | |
| Revenue | $51.1M | +3.5% |
| Gross Profit | $44.6M | +3.9% |
| EBITDA | $8.1M | — |
| Net Income | -$3.5M | — |
| Diluted EPS | -$0.05 | — |
| Free Cash Flow | -$1.9M | — |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 13y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||||
| Gross Margin | — | — | — | — | — | — | — | 18.22% | 36.92% | 85.56% | 85.80% | 86.91% | 87.24% | 92% | 99% | |
| Operating Margin | — | — | — | −307.08% | — | −196.70% | −93.62% | −8.61% | 11.87% | 3.75% | −11.94% | −120.87% | −12.31% | 50% | 14% | |
| EBITDA Margin | — | — | — | −295.58% | — | −183.56% | −63.47% | −0.81% | 19.12% | 23.86% | 12.22% | −93.36% | 15.85% | 72% | 66% | |
| NOPAT Margin | — | — | — | — | — | — | — | — | 11.00% | 3.75% | −9.44% | −95.49% | −9.72% | 30% | 11% | |
| Net Margin | — | — | — | −447.07% | — | −256.47% | −98.49% | −12.50% | 10.77% | −13.88% | −30.76% | −264.84% | −6.92% | 83% | 16% | |
| FCF Margin | — | — | — | — | — | — | — | — | — | 45.21% | 27.56% | −17.15% | −3.77% | 38% | 20% | |
| OCF Margin | — | — | — | — | — | — | — | — | — | 47.99% | 32.48% | −10.25% | 1.89% | 38% | 21% | |
| Gross Profitability | — | — | — | −0.18% | — | −0.53% | −8.94% | 6.35% | 21.33% | 13.08% | 11.48% | 14.44% | 16.67% | 83% | 31% | |
| Capex Intensity | — | — | — | 23.49% | — | 50.20% | 3.13% | 11.90% | 8.00% | 2.78% | 4.92% | 6.90% | 5.65% | 39% | 77% | |
| ▸Returns on Capital · 3 ratios | ||||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||||
| ▸Earnings quality · 4 ratios | ||||||||||||||||
| ▸Liquidity & coverage · 6 ratios | ||||||||||||||||
| ▸Leverage · 2 ratios | ||||||||||||||||
| ▸Working capital · 8 ratios | ||||||||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||||
The five drivers multiply to -2.3% vs reported ROE -2.3%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ | 2026↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $1.3M | $4.6M | $14.8M | $62.5M | $240.3M | $63.1M | $53.9M | $49.4M | $51.1M |
| YoY % | +252.6% | +223.7% | +322.7% | +284.5% | -73.7% | -14.6% | -8.4% | +3.5% | ||||
| Cost of Revenue | — | — | — | — | — | — | $51.1M | $151.6M | $9.1M | $7.7M | $6.5M | $6.5M |
| YoY % | +196.6% | -94.0% | -16.0% | -15.6% | +0.9% | |||||||
| Gross Profit | — | — | — | -$8,725 | -$229,694 | -$3.7M | $11.4M | $88.7M | $54.0M | $46.3M | $42.9M | $44.6M |
| YoY % | +679.1% | -39.1% | -14.3% | -7.2% | +3.9% | |||||||
| Selling & Marketing Expense | — | — | — | $759,053 | $1.4M | $1.2M | $1.9M | $7.3M | $2.2M | $190,420 | $610,926 | $550,333 |
| YoY % | +86.3% | -15.7% | +57.6% | +289.0% | -70.1% | -91.3% | +220.8% | -9.9% | ||||
| SG&A Expense | — | — | — | $2.2M | $3.4M | $3.7M | $7.2M | $24.1M | $19.0M | $23.4M | $70.6M | $22.7M |
| YoY % | +57.1% | +10.2% | +92.7% | +235.4% | -21.4% | +23.6% | +201.2% | -67.9% | ||||
| Total Operating Expenses | $4,963 | $3,370 | $11,040 | $4.0M | $8.8M | $10.2M | $16.8M | $60.2M | $51.7M | $52.7M | $102.6M | $50.9M |
| YoY % | -32.1% | +227.6% | +35837.5% | +120.6% | +16.1% | +65.0% | +259.0% | -14.2% | +2.0% | +94.7% | -50.4% | |
| Operating Income | -$4,963 | -$3,370 | -$11,040 | -$4.0M | -$9.0M | -$13.8M | -$5.4M | $28.5M | $2.4M | -$6.4M | -$59.7M | -$6.3M |
| YoY % | -91.7% | |||||||||||
| Interest Expense | — | — | — | $74,896 | $151,856 | — | — | — | — | — | $82,173 | $1.8M |
| YoY % | +102.8% | +2053.6% | ||||||||||
| Other Non-Operating Income | — | — | — | — | — | — | $576,785 | $21,840 | -$13,868 | -$174,447 | $860,293 | $2.4M |
| YoY % | -96.2% | +174.8% | ||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $700,000 |
| Pretax Income | — | — | — | — | — | — | -$7.8M | $27.9M | $2.3M | -$6.3M | -$58.9M | -$4.9M |
| YoY % | -91.8% | |||||||||||
| Income Tax | — | — | $0 | $0 | — | — | — | $2.0M | -$1.3M | -$948,292 | $6.3M | $49,537 |
| YoY % | -99.2% | |||||||||||
| Income from Continuing Operations | — | — | -$155,024 | -$5.8M | -$11.7M | — | — | — | $3.6M | -$5.4M | -$65.2M | -$4.9M |
| Income from Discontinued Operations | — | — | — | — | — | — | — | — | -$12.4M | -$11.2M | -$65.6M | $1.4M |
| Net Income (incl. NCI) | -$17,568 | -$17,568 | -$333,488 | -$5.8M | — | — | — | — | — | — | — | — |
| Net Income | -$21,921 | -$20,031 | -$333,488 | -$5.8M | -$11.7M | -$14.6M | -$7.8M | $25.9M | -$8.8M | -$16.6M | -$130.8M | -$3.5M |
| Net Income to Common | — | — | — | — | — | — | -$7.8M | $23.2M | -$11.9M | -$19.7M | -$133.9M | -$6.6M |
| EPS (Basic) | — | — | — | — | — | — | -$0.14 | $0.21 | -$0.11 | -$0.17 | -$1.14 | -$0.05 |
| EPS (Diluted) | — | — | — | — | — | — | -$0.14 | $0.20 | -$0.11 | -$0.17 | -$1.14 | -$0.05 |
| Weighted Avg Shares (Basic) | — | — | — | — | — | — | 55.0M | 112.3M | 117.2M | 118.2M | 117.6M | 117.1M |
| YoY % | +104.1% | +4.3% | +0.9% | -0.5% | -0.5% | |||||||
| Weighted Avg Shares (Diluted) | — | — | — | — | — | — | 55.0M | 114.8M | 117.2M | 118.2M | 117.6M | 117.1M |
| YoY % | +108.6% | +2.0% | +0.9% | -0.5% | -0.5% |
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.
