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Financial statements

EMERSON RADIO CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data EMERSON RADIO CORP 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

FY2016FY2018FY2018FY2019FY2021FY2022FY2023FY2024FY2025FY2026
Revenue21.3158.986.297.458.217.189.0710.86.31
Cost of revenue16.313.98.795.145.756.245.087.519.886.22
Gross profit4.971.10.21.151.71.972.11.560.90.09
Selling, general and administrative5.14.923.845.785.915.414.24.966.524.96
Operating income-0.33-3.88-3.65-4.63-4.21-3.44-2.1-3.4-5.62-4.87
Interest expense000.010.010.010.01
Interest income0.260.50.860.780.160.070.711.160.90.59
Pre-tax income-0.07-3.39-2.79-3.85-3.98-3.63-1.360.86-4.73-4.3
Income tax0.173.46-0.350.460.02000.0900
Net income-0.24-6.85-2.44-4.31-3.98-3.63-1.360.77-4.73-4.3
EBITDA-0.31-3.87-3.64-4.62-4.21-3.44-2.1-3.37-5.54-4.79
EPS, basic-0.01-0.27-0.11-0.20-0.19-0.17-0.060.04-0.22-0.20
EPS, diluted-0.01-0.27-0.11-0.20-0.19-0.17-0.060.04-0.22-0.20
Shares, basic (weighted)27.125.321.921212121212121
Shares, diluted (weighted)27.125.321.921212121212121

Balance sheet

FY2016FY2018FY2018FY2019FY2021FY2022FY2023FY2024FY2025FY2026
Cash and equivalents27.525.17.926.285.2525.625.319.91.199.19
Short-term investments25.11628.428.12500014.93.14
Receivables1.211.880.60.480.691.291.171.341.51.29
Inventory0.843.163.521.921.962.113.816.954.914.13
Other current assets1.490.50.420.330.290.390.360.270.250.19
Total current assets56.947.141.337.433.629.531.128.622.818.1
Property, plant and equipment0.020.010.010000.10.210.13
Lease right-of-use assets0.440.210.40.20.280.440.3
Other non-current assets0.10.150.150.090.090.090.070.080.080.08
Total assets57.847.841.937.933.93031.429.123.518.6
Deferred revenue0.050.170.180.20.210.150.190.10
Total current liabilities0.921.10.961.211.541.384.651.971.711.28
Lease liabilities0.230.080.20.060.20.320.16
Total liabilities0.923.973.133.483.463.195.912.842.041.44
Paid-in capital79.879.879.879.879.879.879.879.879.879.8
Retained earnings-2.41-9.27-11.7-16-20-23.6-25-24.2-28.9-33.2
Treasury stock-24.3-30.6-33.2-33.2-33.2-33.2-33.2-33.2-33.2-33.2
Shareholders' equity56.943.838.734.430.426.825.526.221.517.2
Total equity56.943.838.734.430.426.825.526.221.517.2
Total liabilities and equity57.847.841.937.933.93031.429.123.518.6
Shares outstanding27.122.82121212121212121

Cash flow statement

FY2016FY2018FY2018FY2019FY2021FY2022FY2023FY2024FY2025FY2026
Net income-0.24-6.85-2.44-4.31-3.98-3.63-1.360.77-4.73-4.3
Depreciation and amortization0.020.010.0100000.030.080.08
Deferred income tax00
Change in receivables2.15-0.511.480.12-0.19-0.610.13-0.22-1.261.31
Change in inventory1.22-2.33-0.361.6-0.04-0.15-1.7-3.142.040.78
Change in payables-0.940.05-0.260.050.2-0.03-0.120.52-0.350.3
Cash from operations1.87-5.16-2.19-1.91-4.29-4.71-0.31-5.26-3.65-3.72
Capital expenditures-0.01-0-00-0.12-0.20
Purchases of investments-38.1-61.1-56.5-1.58-2500-18.5-16.3-9.08
Cash from investing-4.439.07-12.40.273.06250-0.12-15.111.7
Share buybacks-0.07-6.29-2.62
Cash from financing-0.07-6.29-2.620.20-0-00.01-0
Net change in cash-2.63-2.38-17.2-1.64-1.0320.3-0.31-5.38-18.78.01
Free cash flow1.86-5.16-4.71-0.31-5.38-3.84-3.72
Interest paid000.010.010.010.010.010.02
Income taxes paid1.520.320.280.20.20.220.210.480.540.68

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.43 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin10.6%Gross profit / revenue.
Operating margin-74.7%Operating income / revenue.
EBITDA margin-73.3%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-65.5%Pre-tax income / revenue.
Net margin-65.5%Net income / revenue.
Operating cash flow margin-71.4%Cash from operations / revenue.
Return on equity (ROE)-22.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-20.5%Net income / average total assets.
Return on invested capital (ROIC)-29.6%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue85.3%Selling, general and administrative expense / revenue.
D&A / revenue1.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-41.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-4.2%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-3.3%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-89.6%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-64.5%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-43.9%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-20.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-12.3%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-10.8%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-20.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-15.9%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-11.3%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y0.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y0.0%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, 5y-0.0%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 ratio12.1xCurrent assets / current liabilities.
Quick ratio8.48x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio7.85x(Cash + short-term investments) / current liabilities.
Liabilities / assets8.7%Total liabilities / total assets.
Working capital$16.3MCurrent assets - current liabilities.
Tangible book value$16.6MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.31xRevenue / average total assets.
Fixed asset turnover49.9xRevenue / average property, plant and equipment.
Inventory turnover1.04xCost of revenue / average inventory.
Days inventory351 days365 x average inventory / cost of revenue.
Receivables turnover6.14xRevenue / average receivables.
Days sales outstanding59 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.18Net 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$0.27Revenue / diluted weighted shares.
Operating cash flow per share-$0.19Cash from operations / diluted weighted shares.
Book value per share$0.79Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.79Tangible book value / shares outstanding.
Cash per share$0.55(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$9.1MShare price x shares outstanding.
Enterprise value-$2.4MMarket cap + total debt - cash - short-term investments.
P/S1.59xMarket cap / revenue.
P/B0.55xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.55xMarket cap / tangible book value, when positive.
Earnings yield-41.1%Net income / market cap (the inverse of P/E).
What was EMERSON RADIO CORP's revenue in fiscal 2026?

EMERSON RADIO CORP reported revenue of $6.3M for fiscal 2026, 41.5% lower than the year before.

Was EMERSON RADIO CORP profitable in fiscal 2026?

No. It reported a net loss of $4.3M.

How much free cash flow did EMERSON RADIO CORP generate in fiscal 2026?

Cash from operations of $3.7M minus capital expenditures of $0.0 left free cash flow of -$3.7M.

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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