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Financial statements

Our Bond, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Our Bond, 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

FY2025FY2025
Revenue9.749.97
Cost of revenue9.039.41
Gross profit0.710.57
Research and development2.712.53
Selling, general and administrative6.165.97
Selling and marketing1.421.32
Operating expenses10.39.82
Operating income-9.58-9.25
Interest expense1.511.23
Pre-tax income-10.9-10.5
Income tax0.090.04
Net income-11-10.5
EBITDA-9.53-9.2
EPS, basic-3.75-2.23
EPS, diluted-3.75-2.23
Shares, basic (weighted)00
Shares, diluted (weighted)00

Balance sheet

FY2025FY2025
Cash and equivalents0.730.6
Receivables2.231.59
Other current assets0.10.19
Total current assets3.392.42
Property, plant and equipment0.110.09
Total assets3.52.5
Accounts payable2.592.59
Accrued liabilities1.271.69
Deferred revenue0.780.56
Short-term debt1.56
Total current liabilities7.28.12
Long-term debt12.85.66
Total liabilities2013.8
Total debt12.87.21
Paid-in capital112117
Retained earnings-128-139
Other comprehensive income0.04-0.07
Shareholders' equity-16.5-22.7
Total equity-16.5-22.7
Total liabilities and equity3.52.5
Shares outstanding2.9613.9

Cash flow statement

FY2025FY2025
Net income-11-10.5
Depreciation and amortization0.060.05
Stock-based compensation0.960.62
Change in receivables0.770.64
Change in payables-0.73-0.11
Cash from operations-8.16-6.92
Capital expenditures-0.06-0.03
Cash from investing-0.06-0.03
Dividends paid-0.09
Cash from financing7.546.94
Net change in cash-0.71-0.13
Free cash flow-8.22-6.96
Income taxes paid0.050.12

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.23 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin5.7%Gross profit / revenue.
Operating margin-92.8%Operating income / revenue.
EBITDA margin-92.2%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-105.4%Pre-tax income / revenue.
Net margin-105.8%Net income / revenue.
FCF margin-69.8%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-69.4%Cash from operations / revenue.
Return on assets (ROA)-351.7%Net income / average total assets.
R&D / revenue25.3%Research and development expense / revenue.
SG&A / revenue59.9%Selling, general and administrative expense / revenue.
Stock-based pay / revenue6.2%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.3%Capital expenditures / revenue.
D&A / revenue0.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y2.4%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-20.2%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-28.5%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y69.1%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
Current ratio0.30xCurrent assets / current liabilities.
Quick ratio0.27x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.07x(Cash + short-term investments) / current liabilities.
Debt / assets288.4%Total debt / total assets.
Liabilities / assets550.8%Total liabilities / total assets.
Net debt$6.6MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-7.52xOperating income / interest expense.
Working capital-$5.7MCurrent assets - current liabilities.
Tangible book value-$22.7MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover3.32xRevenue / average total assets.
Fixed asset turnover104xRevenue / average property, plant and equipment.
Receivables turnover5.22xRevenue / average receivables.
Days sales outstanding70 days365 x average receivables / revenue.
Days payables100 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.23Net 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-$2.23Net income per basic share, as reported (split-adjusted).
Revenue per share$2,007.00Revenue / diluted weighted shares.
FCF per share-$1,400.00Free cash flow / diluted weighted shares.
Operating cash flow per share-$1,393.00Cash from operations / diluted weighted shares.
Book value per share-$1.63Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$1.63Tangible book value / shares outstanding.
Cash per share$0.04(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$6.9MShare price x shares outstanding.
Enterprise value$13.5MMarket cap + total debt - cash - short-term investments.
P/S0.69xMarket cap / revenue.
EV/Sales1.35xEnterprise value / revenue.
FCF yield-101.3%Free cash flow / market cap.
Earnings yield-153.7%Net income / market cap (the inverse of P/E).
Dividend yield1.3%Dividends paid over the period / market cap.
Shareholder yield1.3%(Dividends paid + share buybacks) / market cap.
What was Our Bond, Inc.'s revenue in fiscal 2025?

Our Bond, Inc. reported revenue of $10.0M for fiscal 2025, 2.4% higher than the year before.

Was Our Bond, Inc. profitable in fiscal 2025?

No. It reported a net loss of $10.5M.

How much free cash flow did Our Bond, Inc. generate in fiscal 2025?

Cash from operations of $6.9M minus capital expenditures of $34.0K left free cash flow of -$7.0M.

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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