| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | $88.4M | −3.8% |
| Gross Profit | $28.2M | −25.8% |
| EBITDA | -$10.9M | −505.8% |
| Net Income | -$23.2M | −1586.7% |
| Diluted EPS | — | — |
| Free Cash Flow | $8.3M | — |
| DPS (FY2022) | — |
| Trailing yield | — |
| Payout ratio | 865.2% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20222022-12-31 | — | — | reported |
| Ratio | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 5y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Gross Margin | 40.33% | 28.64% | 20.68% | 35.79% | 27.62% | 30% | 22% | |
| Operating Margin | 7.78% | −2.16% | −16.90% | 4.60% | −21.25% | 10% | 27% | |
| EBITDA Margin | 8.52% | −1.40% | −16.19% | 4.96% | −20.95% | 10% | 23% | |
| NOPAT Margin | 6.34% | −1.71% | −13.35% | 3.42% | −16.79% | 10% | 23% | |
| Net Margin | 7.93% | 1.27% | −14.92% | 2.17% | −33.53% | 10% | 22% | |
| FCF Margin | — | −4.52% | — | — | −1.44% | 75% | 29% | |
| FCFE Margin | — | −4.61% | — | — | — | — | — | — |
| OCF Margin | 14.85% | −4.51% | 0.76% | −1.85% | −1.42% | 50% | 29% | |
| Gross Profitability | 53.75% | 29.30% | 13.86% | 48.61% | 37.82% | 50% | 68% | |
| Capex Intensity | — | 0.01% | — | — | 0.02% | 75% | 1% | |
| ▸Returns on Capital · 6 ratios | ||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||
| ▸Earnings quality · 6 ratios | ||||||||
| ▸Liquidity & coverage · 7 ratios | ||||||||
| ▸Leverage · 9 ratios | ||||||||
| ▸Working capital · 5 ratios | ||||||||
| ▸Capital allocation · 1 ratios | ||||||||
| ▸Other · 1 ratios | ||||||||
The five drivers multiply to 15.4% vs reported ROE 20.4%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|
| Revenue | $106.7M | $74.4M | $60.9M | $84.5M | $81.2M |
| YoY % | -30.3% | -18.2% | +38.7% | -3.8% | |
| Cost of Revenue | $63.7M | $53.1M | $48.3M | $54.2M | $58.8M |
| YoY % | -16.6% | -9.1% | +12.3% | +8.4% | |
| Gross Profit | $43.0M | $21.3M | $12.6M | $30.2M | $22.4M |
| YoY % | -50.5% | -40.9% | +140.0% | -25.8% | |
| R&D Expense | $834,818 | $3.0M | $5.1M | $11.6M | $14.6M |
| YoY % | +254.0% | +71.1% | +130.3% | +25.2% | |
| SG&A Expense | $16.4M | $18.7M | $15.8M | $12.9M | $18.1M |
| YoY % | +14.1% | -15.5% | -18.6% | +40.6% | |
| Total Operating Expenses | $34.7M | $22.9M | $22.9M | $26.3M | $39.7M |
| YoY % | -34.0% | -0.2% | +15.1% | +50.7% | |
| Operating Income | $8.3M | -$1.6M | -$10.3M | $3.9M | -$17.3M |
| Interest Expense | — | — | $1.5M | $723,038 | $660,088 |
| YoY % | -52.8% | -8.7% | |||
| Other Non-Operating Income | — | — | $265,980 | -$981,223 | $115,051 |
| Gains on Sale of Real Estate | — | -$17,067 | -$427 | $0 | — |
| Impairment of Real Estate | — | — | — | — | $1.5M |
| Pretax Income | $9.7M | -$1.5M | -$11.5M | $2.5M | -$16.5M |
| Income Tax | $1.8M | -$2.4M | -$2.4M | $632,124 | $10.7M |
| YoY % | +1590.9% | ||||
| Net Income (incl. NCI) | $7.9M | $994,178 | -$9.1M | $1.8M | -$27.2M |
| YoY % | -87.4% | ||||
| Minority Interest (P&L) | -$558,865 | $46,371 | -$8,349 | -$4,865 | -$2,607 |
| Net Income | $8.5M | $947,807 | -$9.1M | $1.8M | -$27.2M |
| YoY % | -88.8% | ||||
| EPS (Basic) | $0.24 | $0.03 | -$0.25 | $0.05 | -$0.73 |
| YoY % | -87.5% | ||||
| EPS (Diluted) | $0.24 | $0.03 | -$0.25 | $0.05 | — |
| YoY % | -87.5% |
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.
