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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
-129.4%
-$0.37
vs $1.27 price
Levered DCF
-$0.44
After debt service
Piotroski score
—
Altman Z-score
—
Rating
C-
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023
P/E0×-3,719.05×11,157.14×
P/B0×764.71×1,225.44×
P/S0×1,302.04×4,982.57×
EV / EBITDA0.28×-3,808.85×32,680.49×
Gross margin35.3%57.5%84.0%
Operating margin-174.6%-35.6%11.0%
Net margin-173.8%-35.4%45.4%
Current ratio3.05×84.61×19.09×
Debt / equity0.09×0×0.15×
Interest coverage0×0×0×
Dividend yield0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023
Return on equity-167.2%-20.8%11.2%
Return on invested capital-153.7%-20.4%1.7%
Return on assets-135.6%-20.1%9.4%
Free cash flow yield0.0%0.0%-0.1%
Earnings yield0.0%-0.0%0.0%
Enterprise value-$1M$4.4B$4.4B
Net debt / EBITDA0.28×3.2×2.04×
Cash conversion cycle (days)223763,877