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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
+311.4%
$0.69
vs $0.17 price
Levered DCF
$0.71
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-24.25
Distress zone
Rating
B
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-0.31×-1.5×-3.55×-0.42×-5.04×-4.34×-0.93×-1.54×
P/B0.61×1.1×0.91×2.07×3.79×1.99×-3.37×5.37×
P/S17.15×158.83×98.23×-110.36×221.38×168.39×0×0×
EV / EBITDA0.11×-0.23×0.44×-0.19×-3.83×-4.82×-1.07×-1.02×
Gross margin100.0%100.0%100.0%100.0%100.0%100.0%0.0%0.0%
Operating margin-5683.7%-11517.1%-3103.5%26109.3%-4308.7%-1646.1%0.0%0.0%
Net margin-5491.3%-10579.8%-2759.6%26100.4%-4307.2%-1646.1%0.0%0.0%
Current ratio3.67×6.51×23.55×3.83×12.32×24.85×0.57×4.87×
Debt / equity0.03×0.02×0.02×0.22×0.05×0.04×-0.71×0.01×
Interest coverage0×0×0×-2,576.87×0×-1,379.52×-1,331.63×-3,069.54×
Dividend yield0.0%0.0%0.0%0.0%385.0%0.0%0.0%3000.7%
Payout ratio0.0%0.0%0.0%0.0%-1978.8%0.0%0.0%-4635.7%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-196.2%-73.0%-25.7%-490.5%-73.8%-19.5%362.6%-347.5%
Return on invested capital-197.3%-77.4%-27.7%-346.5%-68.9%-17.2%-592.0%-217.9%
Return on assets-143.5%-61.0%-23.7%-280.9%-64.0%-16.6%-359.9%-175.5%
Free cash flow yield-305.3%-54.8%-24.8%-199.3%-18.5%-6.7%-81.6%-38.7%
Earnings yield-320.3%-66.6%-28.1%-236.5%-19.5%-9.8%-107.6%-64.7%
Enterprise value-$8M$11.6M-$12.5M$11.1M$180.4M$84.1M$22M$25M
Net debt / EBITDA0.42×1.29×4.07×0.24×1.38×5.7×-0.13×0.53×
Cash conversion cycle (days)000-1,29190414-6,502-3,300