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Financial statements

Omnitek Engineering Corp financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Omnitek Engineering 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue1.311.071.290.960.881.11.071.061.021.45
Cost of revenue0.780.60.690.550.520.620.650.640.560.9
Gross profit0.530.170.50.170.290.480.420.410.460.55
Research and development0.190.120.110.110.080.060.070.070.070.07
General and administrative1.221.050.810.760.670.60.530.540.530.57
Operating expenses1.431.20.930.870.750.670.60.610.610.64
Operating income-0.9-1.03-0.43-0.7-0.47-0.19-0.17-0.2-0.15-0.09
Interest expense0.010.010.020.020.020.020.020.020.020.03
Interest income00
Other non-operating income-0-0.01-0.04-0.02-0.02
Pre-tax income-0.9-1.04-0.47-0.72-0.490.02-0.2-0.21-0.170.27
Income tax0000000000
Net income-0.9-1.04-0.47-0.72-0.490.02-0.2-0.22-0.170.27
EBITDA-0.87-1-0.42-0.7-0.47-0.19-0.17-0.19-0.15-0.08
EPS, basic-0.04-0.05-0.02-0.04-0.020.00
EPS, diluted-0.04-0.05-0.02-0.04-0.020.00
Shares, basic (weighted)20.120.320.320.621.521.621.9
Shares, diluted (weighted)20.120.320.320.621.521.621.9

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.020.0200.020.060.060.060.070.10.01
Receivables0.030.010.010.010.010.010.010.010.010
Inventory1.871.551.361.020.820.720.540.370.270.3
Other current assets0.010000.480
Total current assets1.981.611.421.080.960.80.620.480.880.66
Property, plant and equipment0.030.010000.010.010.010.010
Lease right-of-use assets00.590.470.350.210.07
Intangible assets0
Other non-current assets0.010.010.030.030.010.010.010.010.010.01
Total assets2.031.631.451.110.981.431.110.851.120.75
Accounts payable0.330.360.360.410.470.370.350.320.330.27
Deferred revenue0.03
Short-term debt00.070
Total current liabilities0.751.151.351.531.621.521.511.582.181.62
Lease liabilities00.50.390.250.090
Total liabilities0.751.151.351.551.852.232.12.032.461.82
Total debt00.070
Paid-in capital11.611.911.912121212.112.112.112.1
Retained earnings-18.8-19.8-20.3-21-21.5-21.4-21.6-21.9-22-21.8
Shareholders' equity1.280.480.09-0.43-0.87-0.81-0.99-1.19-1.35-1.07
Total equity1.280.480.09-0.43-0.87-0.81-0.99-1.19-1.35-1.07
Total liabilities and equity2.031.631.451.110.981.431.110.851.120.75
Shares outstanding2020.320.421.321.621.921.921.921.921.9

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-0.9-1.04-0.47-0.72-0.490.02-0.2-0.22-0.170.27
Depreciation and amortization0.030.020.010000000
Stock-based compensation0.170.130.040.050.02
Change in receivables00.02-0.010.0100.03-0-000.01
Change in inventory0.240.010.10.090.130.050.180.180.02-0.06
Change in payables0.180.030.010.05-0.11-0.07-0.02-0.030.01-0.07
Cash from operations-0.19-0.02-0.1-0.08-0.25-0.130.010.020.03-0.24
Capital expenditures0-000-0.01-0
Cash from investing00-000-0.01-00-0.010
Stock issued0.1000.080
Cash from financing0.10.030.10.090.290.14-0.0100.010.15
Net change in cash0.04-0-00.020.03-0.09
Free cash flow-0.02-0.11-0.08-0.25-0.140.01
Interest paid0.010.010.010.020.020.020.020.030.020.03
Income taxes paid0000000000

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 $0.01 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin42.6%Gross profit / revenue.
Operating margin-23.2%Operating income / revenue.
EBITDA margin-22.8%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin3.6%Pre-tax income / revenue.
Net margin3.5%Net income / revenue.
Operating cash flow margin-12.5%Cash from operations / revenue.
Effective tax rate2.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)4.0%Net income / average total assets.
R&D / revenue7.3%Research and development expense / revenue.
D&A / revenue0.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y42.2%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y10.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y10.6%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y20.7%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y9.5%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y14.0%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y-912.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-32.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-12.2%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-5.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.43xCurrent assets / current liabilities.
Quick ratio0.04x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.02x(Cash + short-term investments) / current liabilities.
Liabilities / assets247.8%Total liabilities / total assets.
Interest coverage-6.35xOperating income / interest expense.
Working capital-$1.0MCurrent assets - current liabilities.
Tangible book value-$1.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.16xRevenue / average total assets.
Fixed asset turnover328xRevenue / average property, plant and equipment.
Inventory turnover1.12xCost of revenue / average inventory.
Days inventory325 days365 x average inventory / cost of revenue.
Receivables turnover38.2xRevenue / average receivables.
Days sales outstanding10 days365 x average receivables / revenue.
Days payables183 days365 x average accounts payable / cost of revenue.
Cash conversion cycle151 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
Book value per share-$0.06Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.06Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$241.4KShare price x shares outstanding.
Enterprise value$196.2KMarket cap + total debt - cash - short-term investments.
P/E7.29xMarket cap / net income. Only when net income is positive.
P/S0.26xMarket cap / revenue.
EV/Sales0.21xEnterprise value / revenue.
Earnings yield13.7%Net income / market cap (the inverse of P/E).
What was Omnitek Engineering Corp's revenue in fiscal 2025?

Omnitek Engineering Corp reported revenue of $1.4M for fiscal 2025, 42.2% higher than the year before.

Was Omnitek Engineering Corp profitable in fiscal 2025?

Yes. Net income was $273.6K, a net margin of 18.9%.

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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