Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data NIP Group 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
FY2022
FY2024
FY2024
Revenue
65.9
83.7
85.3
Cost of revenue
62.1
76.5
82.3
Gross profit
3.74
7.2
3.01
Selling and marketing
5.49
6.58
8.13
General and administrative
6.33
15.3
11.8
Operating expenses
11.8
21.9
19.9
Operating income
-8.08
-14.7
-16.9
Interest expense
0.37
0.52
0.54
Other non-operating income
1.64
0.19
1.83
Pre-tax income
-6.45
-14.5
-15.1
Income tax
-0.14
-1.2
-2.37
Net income to minority interests
-0.09
0
0
Net income
-6.22
-13.3
-12.7
EBITDA
-2.81
-8.57
-11.8
EPS, basic
-0.90
-1.54
-0.69
EPS, diluted
-0.90
-1.54
-0.69
Shares, basic (weighted)
35
37.2
70.2
Shares, diluted (weighted)
35
37.2
70.2
Balance sheet
FY2022
FY2024
FY2024
Cash and equivalents
7.59
9.56
Short-term investments
3
Receivables
19
28.4
Other current assets
2.09
1.52
Total current assets
29.4
44.4
Property, plant and equipment
2.92
3.04
Lease right-of-use assets
2.12
1.97
Goodwill
141
132
Intangible assets
134
128
Other non-current assets
3.52
1.16
Total assets
314
313
Accounts payable
12.7
19.1
Accrued liabilities
6.11
6.53
Deferred revenue
0.5
1.04
Short-term debt
0.28
0.27
Total current liabilities
28.8
40.3
Long-term debt
3.71
3.38
Lease liabilities
1.48
1.09
Other non-current liabilities
0.13
0.13
Total liabilities
61.1
70.1
Total debt
3.99
3.65
Paid-in capital
374
Retained earnings
-80.3
-129
Other comprehensive income
5.43
-10.5
Shareholders' equity
-74.8
235
Minority interests
5
4.94
Total equity
-24
-69.8
239
Total liabilities and equity
314
313
Shares outstanding
37.2
Cash flow statement
FY2022
FY2024
FY2024
Net income
-6.31
-13.3
-12.7
Depreciation and amortization
5.27
6.08
5.05
Stock-based compensation
0.17
6.12
Deferred income tax
-0.5
-1.38
-2.5
Change in receivables
-7
-3.29
-10.8
Change in payables
4.12
2.87
6.02
Cash from operations
-9.63
-5.15
-16.5
Capital expenditures
-0.76
-0.1
-0.71
Purchases of investments
-3
Cash from investing
-1.72
2.17
-4.96
Debt repaid
-2.6
-6.4
-7.2
Stock issued
20.3
Cash from financing
9.78
1.36
23.5
Exchange rate effect
-0.26
-0.37
0.01
Net change in cash
-1.82
-1.99
1.96
Free cash flow
-10.4
-5.25
-17.3
Interest paid
0.69
0.37
0.55
Income taxes paid
-0
-0.03
-0.16
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $12.50 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
3.5%
Gross profit / revenue.
Operating margin
-19.8%
Operating income / revenue.
EBITDA margin
-13.9%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-17.6%
Pre-tax income / revenue.
Net margin
-14.9%
Net income / revenue.
FCF margin
-20.2%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-19.4%
Cash from operations / revenue.
Return on equity (ROE)
-15.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-4.1%
Net income / average total assets.
Return on invested capital (ROIC)
-17.8%
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%.
Capex / revenue
0.8%
Capital expenditures / revenue.
D&A / revenue
5.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
1.9%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-58.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-0.4%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
88.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.10x
Current assets / current liabilities.
Quick ratio
1.01x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.31x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.02x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
1.2%
Total debt / total assets.
Liabilities / assets
22.4%
Total liabilities / total assets.
Net debt
-$8.9M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net 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
-$0.69
Net income per basic share, as reported (split-adjusted).
Revenue per share
$1.22
Revenue / diluted weighted shares.
FCF per share
-$0.25
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.24
Cash from operations / diluted weighted shares.
Book value per share
$3.34
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
1.25x
Market cap / revenue.
P/B
0.45x
Market cap / shareholders' equity. Only when equity is positive.
EV/Sales
1.14x
Enterprise value / revenue.
FCF yield
-16.2%
Free cash flow / market cap.
Earnings yield
-11.9%
Net income / market cap (the inverse of P/E).
What was NIP Group Inc.'s revenue in fiscal 2024?
NIP Group Inc. reported revenue of $85.3M for fiscal 2024, 1.9% higher than the year before.
Was NIP Group Inc. profitable in fiscal 2024?
No. It reported a net loss of $12.7M.
How much free cash flow did NIP Group Inc. generate in fiscal 2024?
Cash from operations of $16.5M minus capital expenditures of $714.0K left free cash flow of -$17.3M.
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.