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Financial statements

AURA SYSTEMS INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AURA SYSTEMS INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2025FY2025FY2026
Revenue00.040.820.110.10.070.060.050.28
Cost of revenue00.170.180.080.120.090.190.030.03
Gross profit0-0.130.640.03-0.02-0.02-0.140.020.25
Research and development0.030.10.490.170.240.610.850.751.251.56
Selling, general and administrative3.525.83.591.261.582.82.641.873.592.17
Operating expenses3.565.914.081.681.813.413.492.624.843.73
Operating income-3.56-5.91-4.22-1.04-1.78-3.43-3.5-2.76-4.81-3.48
Interest expense4.255.481.081.231.281.270.731.061.542.18
Other non-operating income-4.177.61-0.04-00.01
Pre-tax income-2.5-2.60.05-3.99
Income tax0000.010-0
Net income to minority interests0.04-3.99-3.41
Net income-7.731.7-2.5-2.610.04-3.99-3.41-4.22-21.1-10.9
EBITDA-3.56-1.78-3.42-3.43-2.66-4.68-3.25
EPS, basic-0.490.09-0.05-0.050.00-0.05-0.04-0.04-0.19-0.09
EPS, diluted-0.490.08-0.05-0.050.00-0.05-0.04-0.04-0.19-0.09
Shares, basic (weighted)16.318.845.954.861.876.888.999.4115127
Shares, diluted (weighted)16.321.545.954.865.276.888.999.4115127

Balance sheet

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2025FY2025FY2026
Cash and equivalents0.260.750.360.020.390.150.020.120.020.01
Inventory00.090.090.140.160.020.040.01
Other current assets00.040.0600.120.260.140.180.220.23
Total current assets0.260.790.420.110.60.550.310.320.280.25
Property, plant and equipment0.010.490.460.380.620.8
Lease right-of-use assets1.1710.820.610.420.16
Total assets0.261.040.670.111.942.21.751.461.481.36
Accounts payable4.945.382.642.541.881.582.762.632.542.56
Accrued liabilities5.943.212.22.711.291.691.47
Short-term debt8.991.40.850.870.66
Total current liabilities53.121.517.61917.522.21415.238.445.4
Long-term debt4.234.64012.21311.80.290.440.73
Lease liabilities1.050.870.660.420.180.02
Total liabilities53.125.722.323.423.123.4222339.146.2
Total debt8.995.645.480.870.66
Paid-in capital410438443443446450455457463466
Retained earnings-463-462-464-467-467-471-475-479-500-511
Shareholders' equity-52.8-24.7-21.6-23.9-21.1-21.2-20.3-21.5-37.6-44.8
Total equity-52.8-24.7-21.6-23.9-21.1-21.2-20.3-21.5-37.6-44.8
Total liabilities and equity0.261.040.670.111.942.21.751.461.481.36
Shares outstanding16.341.453.756.471.183.194.6105118141

Cash flow statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2025FY2025FY2026
Net income-7.731.7-2.5-2.610.04-3.99-3.41-4.22-21.1-10.9
Depreciation and amortization000.020.080.110.140.22
Stock-based compensation0.450.61
Change in receivables0
Change in inventory-0.09-0-0.09-0.020.01-0.040.03
Change in payables6.483.532.330.11-0.090.390.36-0.13-0.090.01
Cash from operations-0.97-2.81-2.46-0.79-1.89-2.64-3.12-3-3.22-3.41
Capital expenditures-0.02-0.2-0.05-0.02-0.1-0.01
Cash from investing-0.02-0.1-0.01
Debt repaid-0.13-0.13-0.13
Stock issued20.970.532.152.653.272.943.433.65
Cash from financing1.23.552.070.462.282.63.043.133.233.41
Net change in cash0.230.49-0.39-0.340.37-0.24-0.140.11-0.1-0.01
Free cash flow-1.9-2.84-3.18-3.02-3.33-3.42
Interest paid0.0400.090.170.190.140.16

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to May 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.20 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin100.0%Gross profit / revenue.
Operating margin-3,842.0%Operating income / revenue.
EBITDA margin-3,598.0%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-17,368.0%Net income / revenue.
Operating cash flow margin-3,556.0%Cash from operations / revenue.
Return on assets (ROA)-1,395.0%Net income / average total assets.
R&D / revenue1,678.0%Research and development expense / revenue.
SG&A / revenue2,263.0%Selling, general and administrative expense / revenue.
D&A / revenue244.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y456.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y57.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y19.3%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y1,105.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 5y49.9%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-7.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-8.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-6.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y10.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y12.6%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y14.3%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.00xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets4,628.0%Total liabilities / total assets.
Interest coverage-1.77xOperating income / interest expense.
Working capital-$53.8MCurrent assets - current liabilities.
Tangible book value-$53.6MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.08xRevenue / average total assets.
Fixed asset turnover0.13xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.11Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.00Revenue / diluted weighted shares.
Operating cash flow per share-$0.02Cash from operations / diluted weighted shares.
Book value per share-$0.36Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.36Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$29.9MShare price x shares outstanding.
Enterprise value$29.9MMarket cap + total debt - cash - short-term investments.
P/S315xMarket cap / revenue.
EV/Sales314xEnterprise value / revenue.
Earnings yield-55.2%Net income / market cap (the inverse of P/E).
What was AURA SYSTEMS INC's revenue in fiscal 2026?

AURA SYSTEMS INC reported revenue of $278.0K for fiscal 2026, 456% higher than the year before.

Was AURA SYSTEMS INC profitable in fiscal 2026?

No. It reported a net loss of $10.9M.

How much free cash flow did AURA SYSTEMS INC generate in fiscal 2026?

Cash from operations of $3.4M minus capital expenditures of $12.0K left free cash flow of -$3.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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