Our History We were incorporated on June 14, 1979 under the laws of the State of Colorado originally under the name Alpha Solarco Inc. On February 18, 2003, we changed our name to Fiber Application Systems Technology, Ltd.
Operating margin is thin at 4.34%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 2.1%, essentially flat. This is a business that needs a catalyst.
Negative free cash flow of -$270K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$58M
▲ +2.1% YoY
Net Income (TTM)
$205K
▼ -179.1% YoY
Op. Margin
4.71%
▲ +2.2pp YoY
ROIC
25.61%
▲ +13.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$606K
▲ +95.9% YoY
Op. Cash Flow (TTM)
$716K
▲ +99.6% YoY
Net Debt
-$421K
Net Cash Position
Cash & Equiv.
$1M
5Y CAGR: +3.3%
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