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Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value
-125.5%
-$0.11
vs $0.42 price
Levered DCF
-$0.25
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-1.54
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2026FY2025FY2024FY2023FY2022
P/E-1.17×-1.23×-104.27×33.42×-10,025×
P/B1.59×2.26×36.67×34.9×383.24×
P/S1.91×0.36×1.28×2.34×3.13×
EV / EBITDA-1.12×-1.85×-2,281.8×25.58×196.67×
Gross margin56.7%16.2%20.3%19.9%18.8%
Operating margin-174.2%-27.9%-2.9%-1.9%1.2%
Net margin-162.1%-29.5%-1.2%5.8%-0.0%
Current ratio2.46×1.06×0.6×0.88×0.62×
Debt / equity0.07×2.25×7.24×3.73×50.12×
Interest coverage-68.1×-12.27×-4.82×-1.98×1.69×
Dividend yield0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022
Return on equity-135.4%-184.4%-35.2%86.0%-3.7%
Return on invested capital-136.2%-53.2%-7.7%-5.6%2.8%
Return on assets-81.4%-36.4%-2.5%13.5%-0.1%
Free cash flow yield-27.9%-42.1%-0.2%0.1%0.6%
Earnings yield-85.0%-81.7%-1.0%2.5%-0.0%
Enterprise value$11M$7.9M$28M$33.1M$33.6M
Net debt / EBITDA0.02×-0.34×-367.8×2.35×20.81×
Cash conversion cycle (days)5371133332