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Guided missiles & space vehicles & parts company · FL · FY ends Oct · Revenue $3M · -187.14% margin
The business is unprofitable at the operating level (-95.43% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 43.8% YoY. Margins deteriorated 70.1pp alongside, both lines moving the wrong way.
Operating margin contracted 70.1pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$3M
▼ -43.8% YoY
Net Income (TTM)
-$7M
▼ -116.4% YoY
Op. Margin
-187.14%
▼ -70.1pp YoY
ROIC
-175.95%
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$2M
▼ -32.3% YoY
Net Debt
$2M
Cash & Equiv.
$282K
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