Ratios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Headline | |||||
| Market cap | — | — | — | — | — |
| Enterprise value | — | — | — | — | — |
| Multiples | |||||
| P / E | — | — | — | — | — |
| P / B | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — |
| EV / Sales | — | — | — | — | — |
| EV / FCF | — | — | — | — | — |
| Yields | |||||
| Earnings yield | — | — | — | — | — |
| Free cash flow yield | — | — | — | — | — |
| Dividend yield | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin | +98.45% | +103.03% | +91.62% | +100.00% | +93.44% |
| Operating margin | +98.13% | +103.95% | +389.83% | +97.22% | +305.02% |
| EBITDA margin | +98.24% | +103.94% | +390.21% | 0.00% | +305.23% |
| EBIT margin | +98.13% | +103.95% | +389.83% | -0.05% | +305.02% |
| Pre-tax margin | +98.13% | +103.95% | +389.83% | +97.22% | +305.02% |
| Net margin | +98.13% | +103.95% | +389.83% | +97.22% | +305.02% |
| Cost structure | |||||
| Cost of revenue / sales | +1.55% | -3.03% | +8.38% | 0.00% | +6.56% |
| R&D intensity | +0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| SG&A intensity | +1.81% | -3.81% | +11.56% | +2.70% | 0.00% |
| Effective tax rate | 0.00% | — | 0.00% | 0.00% | 0.00% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Returns | |||||
| Return on equity (ROE) | +26.53% | -14.01% | +16.94% | +18.34% | +14.83% |
| Return on assets (ROA) | +26.53% | -13.97% | +16.90% | +18.30% | +14.81% |
| Return on capital (ROC) | +26.53% | -13.97% | +16.90% | +18.31% | +14.79% |
| Return on invested capital (ROIC) | +26.53% | -10.48% | +16.90% | +18.31% | +14.79% |
| Asset turnover | +27.03% | -13.44% | +4.34% | +18.83% | +4.85% |
| DuPont · ROE decomposition | |||||
| Net margin | +98.13% | +103.95% | +389.83% | +97.22% | +305.02% |
| Asset turnover (× revenue / assets) | +27.03% | -13.44% | +4.34% | +18.83% | +4.85% |
| Equity multiplier (× assets / equity) | +100.03% | +100.27% | +100.26% | +100.22% | +100.18% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Turnover | |||||
| Asset turnover | 0.27 | -0.13 | 0.04 | 0.19 | 0.05 |
| Fixed-asset turnover | 1820.90 | -55.90 | 14.77 | 83.59 | 27.63 |
| Inventory turnover | 0.32 | 0.05 | 0.06 | — | — |
| Receivables turnover | 520.31 | -167.95 | 60.09 | 109.82 | 103.98 |
| Payables turnover | — | — | — | — | — |
| Days outstanding | |||||
| Days sales outstanding (DSO) | 0.70 | -2.17 | 6.07 | 3.32 | 3.51 |
| Days inventory outstanding (DIO) | 1155.73 | 6987.20 | 6334.69 | — | — |
| Days payables outstanding (DPO) | — | — | — | — | — |
| Cash conversion cycle | 1156.43 | 6985.02 | 6340.77 | — | 3.51 |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Operating CF / Net income | 0.16 | -0.26 | 0.17 | 0.13 | 0.18 |
| FCF / Net income | 0.16 | -0.26 | 0.16 | 0.13 | 0.18 |
| FCF margin | +15.94% | -27.03% | +64.25% | +12.58% | +54.12% |
| OCF margin | +15.94% | -27.03% | +66.35% | +12.59% | +54.13% |
| CapEx / Revenue | +0.00% | -0.00% | +2.09% | +0.01% | +0.01% |
| CapEx / D&A | 0.00 | 0.00 | 16.83 | 0.18 | 0.03 |
| Stock-based comp / Revenue | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| EPS · diluted | 12.97 | -5.81 | 7.88 | 10.14 | 9.15 |
| EPS · basic | 13.47 | -5.81 | 7.88 | 10.14 | 9.15 |
| Book value / share | 48.87 | 41.48 | 46.49 | 55.30 | 61.68 |
| Tangible BV / share | 48.87 | 41.48 | 46.49 | 55.30 | 61.68 |
| Sales / share | 13.21 | -5.59 | 2.02 | 10.43 | 3.00 |
| Operating CF / share | 2.11 | 1.51 | 1.34 | 1.31 | 1.62 |
| Free cash flow / share | 2.11 | 1.51 | 1.30 | 1.31 | 1.62 |
| Dividends / share | 2.12 | 1.41 | 1.08 | 1.34 | 1.60 |
| Payout ratio | +16.35% | -24.26% | +13.76% | +13.16% | +17.47% |
| Retention ratio | +83.65% | +124.26% | +86.24% | +86.84% | +82.53% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 4y CAGR |
|---|---|---|---|---|---|---|
| Top-line | ||||||
| Revenue · YoY | — | -142.37% | +137.58% | +416.32% | -70.64% | -29.91% |
| Gross profit · YoY | — | -144.34% | +133.42% | +463.52% | -72.57% | -30.82% |
| Profit | ||||||
| Operating income · YoY | — | -144.88% | +240.94% | +28.77% | -7.90% | -6.94% |
| EBITDA · YoY | — | -144.82% | +241.09% | -100.00% | — | -6.95% |
| Net income · YoY | — | -144.88% | +240.94% | +28.77% | -7.90% | -6.94% |
| Operating | ||||||
| EBIT · YoY | — | -144.88% | +240.94% | -100.07% | +162950.28% | -6.94% |
| R&D · YoY | — | -100.00% | — | — | — | — |
| Per-share | ||||||
| EPS · diluted · YoY | — | -144.80% | +235.63% | +28.68% | -9.76% | -8.35% |
| EPS · basic · YoY | — | -143.13% | +235.63% | +28.68% | -9.76% | -9.22% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Leverage | |||||
| Total debt | $197.87K | $2.9M | $3.16M | $2.93M | $5.46M |
| Net debt | -$414.99K | $2.26M | $2.26M | $2.67M | $5.41M |
| Net debt / EBITDA | -0.00 | -0.01 | 0.01 | — | 0.02 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / assets | +0.01% | +0.26% | +0.24% | +0.19% | +0.30% |
| Equity / assets | +99.97% | +99.73% | +99.74% | +99.78% | +99.82% |
| Coverage | |||||
| EBITDA / interest expense | — | — | — | — | — |
| Operating income / interest | — | — | — | — | — |
| Interest expense | $0 | $0 | $0 | $0 | $0 |
| Liquidity | |||||
| Current ratio | — | — | — | — | — |
| Quick ratio | — | — | — | — | — |
| Cash ratio | — | — | — | — | — |
| Working capital | $1.31M | $1.55M | $1.85M | $90.88M | $58.05M |
| Working capital / revenue | +0.36% | -1.02% | +3.23% | +30.68% | +66.76% |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).