Will This ETF Beat the Market Over the Next 12 Months?
2024 was another banner year for the US stock market,…
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Revenue | $11.4M | $13.2M | $24.2M | $34.1M | $34.8M | |
Revenue Growth (YoY) | 3.13% | 16.25% | 83.55% | 40.62% | 2.24% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $8.7M | $10M | $16.4M | $14.7M | $16.1M | |
Other Inc / (Exp) | -- | -- | -- | -- | -- | |
Operating Expenses | $8.7M | $10M | $16.7M | $15.1M | $16.5M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | -$551K | -$1M | -$4.9M | $8.1M | $6.5M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$345K | -$407K | -$937K | $2.4M | $2M | |
Net Income to Company | -$206K | -$642K | -$3.9M | $5.7M | $4.5M | |
Minority Interest in Earnings | -- | -- | -$101K | -$70K | -$24K | |
Net Income to Common Excl Extra Items | -$206K | -$642K | -$4.1M | $5.6M | $4.5M | |
Basic EPS (Cont. Ops) | -$0.08 | -$0.16 | -$0.56 | $0.62 | $0.52 | |
Diluted EPS (Cont. Ops) | -$0.08 | -$0.16 | -$0.56 | $0.62 | $0.51 | |
Weighted Average Basic Share | $3.4M | $3.4M | $7.5M | $9.1M | $8.6M | |
Weighted Average Diluted Share | $3.4M | $3.4M | $7.5M | $9.1M | $8.7M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $5.8M | $4.4M | -$1.1M | $11.5M | $24.3M | |
Revenue (Reported) | $11.4M | $13.2M | $24.2M | $34.1M | $34.8M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $5.8M | $4.4M | -$1.1M | $11.5M | $24.3M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $3.6M | $6.6M | $9M | $7.1M | $8.7M | |
Revenue Growth (YoY) | 33.79% | 84.2% | 35.96% | -20.83% | 23.11% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $2.3M | $4.4M | $3.5M | $4.5M | $4.5M | |
Other Inc / (Exp) | -- | -- | -- | -- | -- | |
Operating Expenses | $2.3M | $4.5M | $3.6M | $4.6M | $4.6M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | -$149K | $257K | $1.9M | $125K | $753K | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $95K | $51K | $534K | $39K | $209K | |
Net Income to Company | -$244K | $206K | $1.3M | $86K | $544K | |
Minority Interest in Earnings | -- | -$24K | -$28K | $5K | -$22K | |
Net Income to Common Excl Extra Items | -$244K | $182K | $1.3M | $91K | $522K | |
Basic EPS (Cont. Ops) | -$0.08 | $0.02 | $0.14 | $0.01 | -$0.03 | |
Diluted EPS (Cont. Ops) | -$0.08 | $0.02 | $0.14 | $0.01 | -$0.03 | |
Weighted Average Basic Share | $3.4M | $8.9M | $9.1M | $8.7M | $8.7M | |
Weighted Average Diluted Share | $3.4M | $8.9M | $9.1M | $8.8M | $8.7M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $1M | $1.2M | $2.5M | $5.3M | $8.6M | |
Revenue (Reported) | $3.6M | $6.6M | $9M | $7.1M | $8.7M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $1M | $1.2M | $2.5M | $5.3M | $8.6M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $12.9M | $20.8M | $31.4M | $32.5M | $36.4M | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $9.2M | $17M | $12.9M | $16.2M | $17.4M | |
Other Inc / (Exp) | -- | -- | -- | -- | -- | |
Operating Expenses | $9.2M | $17.2M | $13.4M | $16.6M | $17.8M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | -$513K | -$3.5M | $3.8M | $5M | $4.7M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$383K | -$404K | $1M | $1.6M | $1.5M | |
Net Income to Company | -$130K | -$3.1M | $2.8M | $3.5M | $3.2M | |
Minority Interest in Earnings | -- | -$57K | -$95K | -$39K | -$9K | |
Net Income to Common Excl Extra Items | -$130K | -$3.2M | $2.7M | $3.4M | $3.2M | |
Basic EPS (Cont. Ops) | -$0.01 | -$1.08 | $0.30 | $0.38 | $0.29 | |
Diluted EPS (Cont. Ops) | -$0.01 | -$1.08 | $0.30 | $0.37 | $0.28 | |
Weighted Average Basic Share | ||||||
Weighted Average Diluted Share | ||||||
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $5.5M | $449K | $6.6M | $19.1M | $32.9M | |
Revenue (Reported) | $12.9M | $20.8M | $31.4M | $32.5M | $36.4M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $5.5M | $449K | $6.6M | $19.1M | $32.9M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $10M | $17.6M | $24.7M | $23.2M | $24.8M | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $7.1M | $14M | $10.6M | $12.2M | $13.6M | |
Other Inc / (Exp) | -- | -- | -- | -- | -- | |
Operating Expenses | $7.1M | $14.2M | $10.9M | $12.5M | $13.8M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | -$361K | -$2.8M | $5.8M | $2.7M | $930K | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$300K | -$297K | $1.7M | $806K | $298K | |
Net Income to Company | -$61K | -$2.5M | $4.2M | $1.9M | $632K | |
Minority Interest in Earnings | -- | -$57K | -$51K | -$20K | -$5K | |
Net Income to Common Excl Extra Items | -$61K | -$2.6M | $4.1M | $1.9M | $627K | |
Basic EPS (Cont. Ops) | -$0.01 | -$0.94 | $0.46 | $0.22 | -$0.02 | |
Diluted EPS (Cont. Ops) | -$0.01 | -$0.94 | $0.46 | $0.21 | -$0.02 | |
Weighted Average Basic Share | $10.2M | $21.1M | $27.1M | $26.3M | $25.3M | |
Weighted Average Diluted Share | $10.2M | $21.1M | $27.3M | $26.6M | $25.7M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $4M | $69K | $7.8M | $15.2M | $23.6M | |
Revenue (Reported) | $10M | $17.6M | $24.7M | $23.2M | $24.8M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $4M | $69K | $7.8M | $15.2M | $23.6M |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $15.6M | $96.1M | $231.5M | $16.1M | $105.2M | |
Short Term Investments | $11M | $10.7M | $156.4M | $328.7M | $317M | |
Accounts Receivable, Net | $1.2M | $1.2M | $3.4M | $4M | $4.9M | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $27.8M | $108M | $391.3M | $348.8M | $427.1M | |
Property Plant And Equipment | $2.8M | $2.5M | $10.3M | $10.3M | $9.8M | |
Long-Term Investments | $11.2M | $10.7M | $156.4M | $328.7M | $317M | |
Goodwill | -- | -- | $26M | $25.9M | $25.9M | |
Other Intangibles | -- | -- | $2.9M | $2.5M | $2.1M | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $440.4M | $483.4M | $1.1B | $1.2B | $1.4B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | -- | -- | $52M | $63.5M | $73.5M | |
Long-Term Debt | $88.3M | $113.8M | $100M | $142.3M | $323.3M | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $391.5M | $434.5M | $952.4M | $904.6M | $1.1B | |
Common Stock | $305K | $306K | $3.7M | $150.1M | $150.1M | |
Other Common Equity Adj | -- | -- | -- | -- | -- | |
Common Equity | $48.8M | $48.9M | $138M | $129.5M | $131.9M | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | $100K | $170K | $194K | |
Total Equity | $48.8M | $48.9M | $141.1M | $279.7M | $282.1M | |
Total Liabilities and Equity | $440.4M | $483.4M | $1.1B | $1.2B | $1.4B | |
Cash and Short Terms | $26.6M | $106.8M | $387.9M | $344.9M | $422.1M | |
Total Debt | $88.3M | $113.8M | $100M | $142.3M | $323.3M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $69.7M | $208.7M | $52.2M | $11.5M | $97.1M | |
Short Term Investments | $10.4M | $157.6M | $332.7M | $316.4M | $238.5M | |
Accounts Receivable, Net | $1.3M | $2.6M | $3.5M | $4.9M | $5.7M | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $81.4M | $368.9M | $388.4M | $332.8M | $341.3M | |
Property Plant And Equipment | $2.7M | $9.2M | $10.5M | $9.9M | $9.5M | |
Long-Term Investments | $10.5M | $157.6M | $332.7M | $316.4M | $238.5M | |
Goodwill | -- | $26M | $25.9M | $25.9M | $25.9M | |
Other Intangibles | -- | $3.1M | $2.6M | $2.2M | $1.9M | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $499.2M | $1.1B | $1.2B | $1.2B | $1.4B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | -- | $52.9M | $65.4M | $75.8M | $89.8M | |
Long-Term Debt | $119.1M | $105.1M | $46.9M | $201.7M | $308.6M | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $449.9M | $920.2M | $892.1M | $962.6M | $1.1B | |
Common Stock | $306K | $3.7M | $150.8M | $150.1M | $150.1M | |
Other Common Equity Adj | -- | -- | -- | -- | -- | |
Common Equity | -- | -- | -- | -- | -- | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | $56K | $151K | $190K | $199K | |
Total Equity | $49.4M | $143.4M | $277.6M | $275.2M | $286.6M | |
Total Liabilities and Equity | $499.2M | $1.1B | $1.2B | $1.2B | $1.4B | |
Cash and Short Terms | $80.1M | $366.3M | $385M | $327.9M | $335.6M | |
Total Debt | $119.1M | $105.1M | $46.9M | $201.7M | $308.6M |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$206K | -$642K | -$3.9M | $5.7M | $4.5M | |
Depreciation & Amoritzation | $227K | $121K | $680K | $811K | $775K | |
Stock-Based Compensation | $372K | $492K | $524K | $283K | $396K | |
Change in Accounts Receivable | -$80K | $21K | -$533K | -$601K | -$965K | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $8.5M | -$13.6M | $624K | $6.3M | $7.6M | |
Capital Expenditures | $41K | $415K | $1.1M | $323K | $208K | |
Cash Acquisitions | -- | -- | $84.7M | -- | -- | |
Cash From Investing | -$39.1M | $50.7M | $25M | -$324M | -$100M | |
Dividends Paid (Ex Special Dividend) | -- | -- | -$60K | -$15K | -- | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $22M | $60M | $5M | $95.5M | $556.1M | |
Long-Term Debt Repaid | -$8.8M | -$34.5M | -$36M | -$53.1M | -$375.1M | |
Repurchase of Common Stock | -- | -- | -- | -- | -$1.8M | |
Other Financing Activities | -$14K | -- | -$679K | -$500K | -$3.4M | |
Cash From Financing | $29.5M | $43.4M | $109.8M | $102.2M | $181.5M | |
Beginning Cash (CF) | $16.7M | $15.6M | $96.1M | $231.5M | $16.1M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | -$1.1M | $80.5M | $135.4M | -$215.4M | $89.1M | |
Ending Cash (CF) | $15.6M | $96.1M | $231.5M | $16.1M | $105.2M | |
Levered Free Cash Flow | $8.5M | -$14M | -$514K | $6M | $7.4M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$244K | $206K | $1.3M | $86K | $544K | |
Depreciation & Amoritzation | $55K | -$16K | $166K | $265K | $259K | |
Stock-Based Compensation | $118K | $234K | $46K | $94K | $130K | |
Change in Accounts Receivable | -$34K | $7K | -$773K | -$811K | -$516K | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $9.4M | $6.5M | $5.7M | $1.9M | $6.1M | |
Capital Expenditures | $173K | $63K | $233K | $82K | $29K | |
Cash Acquisitions | -- | -- | -- | -- | -- | |
Cash From Investing | $12.2M | -$27.2M | -$184.1M | -$7.8M | $554K | |
Dividends Paid (Ex Special Dividend) | -- | -$30K | -- | -- | -$750K | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | -- | -- | -- | $247M | $176M | |
Long-Term Debt Repaid | -$1.3M | -$7.8M | -- | -$269.5M | -$176.7M | |
Repurchase of Common Stock | -- | -$66K | -- | -- | -- | |
Other Financing Activities | -- | -- | -- | -$600K | -- | |
Cash From Financing | $8.3M | $19M | -$49.6M | $6.7M | $596K | |
Beginning Cash (CF) | $39.8M | $210.4M | $280.1M | $10.7M | $89.8M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $29.9M | -$1.7M | -$227.9M | $745K | $7.3M | |
Ending Cash (CF) | $69.7M | $208.7M | $52.2M | $11.5M | $97.1M | |
Levered Free Cash Flow | $9.2M | $6.5M | $5.5M | $1.8M | $6.1M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$130K | -$3.1M | $2.8M | $3.5M | $3.2M | |
Depreciation & Amoritzation | $226K | $411K | $1.2M | $638K | $746K | |
Stock-Based Compensation | $465K | $613K | $262K | $351K | $527K | |
Change in Accounts Receivable | -$143K | $397K | -$902K | -$1.5M | -$819K | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | -$39.8M | $30.2M | $2M | $5M | $7.8M | |
Capital Expenditures | $509K | $33K | $1.8M | -$379K | $223K | |
Cash Acquisitions | -- | $84.7M | -- | -- | -- | |
Cash From Investing | $2.9M | $46.3M | -$281.7M | -$110M | -$41.2M | |
Dividends Paid (Ex Special Dividend) | -- | -$30K | -$45K | -- | -$817K | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $75M | -- | -- | $424.5M | $403.1M | |
Long-Term Debt Repaid | -$35.5M | -$30.1M | -$58.1M | -$269.7M | -$296.3M | |
Repurchase of Common Stock | -- | -- | -- | -- | -- | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $84.7M | $62.5M | $123.2M | $64.2M | $119M | |
Beginning Cash (CF) | -- | -- | -- | -- | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $47.9M | $139M | -$156.5M | -$40.7M | $85.6M | |
Ending Cash (CF) | -- | -- | -- | -- | -- | |
Levered Free Cash Flow | -$40.3M | $30.1M | $148K | $5.4M | $7.6M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$61K | -$2.5M | $4.2M | $1.9M | $632K | |
Depreciation & Amoritzation | $170K | $460K | $956K | $783K | $754K | |
Stock-Based Compensation | $374K | $495K | $233K | $301K | $432K | |
Change in Accounts Receivable | -$102K | $274K | -$95K | -$952K | -$806K | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | -$39.8M | $4M | $5.3M | $4M | $4.2M | |
Capital Expenditures | $501K | $119K | $816K | $114K | $129K | |
Cash Acquisitions | -- | $84.7M | -- | -- | -- | |
Cash From Investing | $35.6M | $31.1M | -$275.5M | -$61.5M | -$2.7M | |
Dividends Paid (Ex Special Dividend) | -- | -$30K | -$15K | -- | -$817K | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $66M | $5M | -- | $329M | $176M | |
Long-Term Debt Repaid | -$35.3M | -$30.9M | -$53M | -$269.6M | -$190.7M | |
Repurchase of Common Stock | -- | -$514K | -- | -- | -- | |
Other Financing Activities | -- | -$165K | -- | -$3.4M | -- | |
Cash From Financing | $58.3M | $77.5M | $90.9M | $52.9M | -$9.6M | |
Beginning Cash (CF) | $107.1M | $394.6M | $757.8M | $56.5M | $262.1M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $54.2M | $112.6M | -$179.3M | -$4.6M | -$8.1M | |
Ending Cash (CF) | $161.3M | $507.2M | $578.5M | $51.9M | $254M | |
Levered Free Cash Flow | -$40.3M | $3.9M | $4.5M | $3.9M | $4.1M |
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