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Financial statements

NITCHES INC financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data NITCHES 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

FY2023FY2023FY2024
Revenue000
Cost of revenue0.010.02
Gross profit-0-0.02-0.15
Selling, general and administrative0.830.42
Operating expenses0.830.430.49
Operating income-0.84-0.44-0.63
Other non-operating income-1-0.01
Pre-tax income-0.83-1.71-2.84
Income tax000
Net income-0.83-1.71-2.84
EBITDA-0.84-0.44-0.63
EPS, basic-909.90-633.70-7.01
EPS, diluted-909.90-633.70-7.01
Shares, basic (weighted)000.41
Shares, diluted (weighted)000.41

Balance sheet

FY2023FY2023FY2024
Cash and equivalents0.0700.06
Inventory0.130.140
Other current assets00.010
Total current assets0.20.140.06
Property, plant and equipment0.010.010
Intangible assets0.010.03
Total assets0.220.180.06
Accounts payable0.010.050.05
Accrued liabilities0.020.030.1
Total liabilities0.030.422.33
Paid-in capital30.331.632.4
Retained earnings-30.1-31.8-34.7
Total equity0.18-0.24-2.27
Total liabilities and equity0.220.180.06

Cash flow statement

FY2023FY2023FY2024
Net income-0.85-1.71-2.84
Depreciation and amortization00.010
Stock-based compensation0.520.20
Change in inventory-0.13-00
Cash from operations-0.48-0.22-0.37
Capital expenditures-0.010
Cash from investing-0.02-0.020
Cash from financing0.570.180.43
Net change in cash0.07-0.070.06
Free cash flow-0.49-0.22
Interest paid0.0200
Income taxes paid00

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-3,038.0%Gross profit / revenue.
Operating margin-13,092.0%Operating income / revenue.
EBITDA margin-13,032.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-58,869.0%Pre-tax income / revenue.
Net margin-58,869.0%Net income / revenue.
Operating cash flow margin-7,668.0%Cash from operations / revenue.
Return on assets (ROA)-2,343.0%Net income / average total assets.
Stock-based pay / revenue41.4%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue59.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y14.3%Revenue vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-64.1%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y14,932.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets3,635.0%Total liabilities / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.04xRevenue / average total assets.
Fixed asset turnover1.34xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$7.01Net 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.
EPS, basic-$7.01Net income per basic share, as reported (split-adjusted).
Revenue per share$0.01Revenue / diluted weighted shares.
Operating cash flow per share-$0.91Cash from operations / diluted weighted shares.
Cash per share$0.15(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$168.4KShare price x shares outstanding.
Enterprise value$108.4KMarket cap + total debt - cash - short-term investments.
P/S34.9xMarket cap / revenue.
EV/Sales22.4xEnterprise value / revenue.
Earnings yield-1,688.0%Net income / market cap (the inverse of P/E).
What was NITCHES INC's revenue in fiscal 2024?

NITCHES INC reported revenue of $4.8K for fiscal 2024, 14.3% higher than the year before.

Was NITCHES INC profitable in fiscal 2024?

No. It reported a net loss of $2.8M.

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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