/
Investment advice company · NY · FY ends Apr · Revenue $34M · 14.31% margin · $19M FCF
17.06% operating margin is respectable but not wide. ROIC at 4.76%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 6.4% YoY. Margins deteriorated 7.3pp alongside, both lines moving the wrong way.
ROIC dropped from 7.79% to 4.76%, capital efficiency is deteriorating. Operating margin contracted 7.3pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$34M
▼ -6.4% YoY
Net Income (TTM)
$22M
▲ +8.8% YoY
Op. Margin
14.31%
▼ -7.3pp YoY
ROIC
3.57%
▼ -3.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$19M
▲ +12.0% YoY
Op. Cash Flow (TTM)
$19M
▲ +12.9% YoY
Net Debt
-$90M
Net Cash Position
Cash & Equiv.
$92M
5Y CAGR: -2.7%
5Y CAGR: +7.9%
Continue Research