Electric services company · NJ · FY ends Apr · Revenue $3M · -982.01% margin · -$25M FCF
The business is unprofitable at the operating level (-370.01% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 6.1%, steady but not accelerating.
Negative free cash flow of -$19M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$3M
▲ +6.1% YoY
Net Income (TTM)
-$36M
▲ +21.7% YoY
Op. Margin
-982.01%
▲ +160.9pp YoY
ROIC
-105.02%
▲ +44.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$25M
▲ +40.8% YoY
Op. Cash Flow (TTM)
-$24M
▲ +37.4% YoY
Net Debt
-$5M
Net Cash Position
Cash & Equiv.
$7M
5Y CAGR: +28.1%
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