QUOTEMEDIA INC financial statements

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

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2023	FY2023	FY2024	FY2025
Revenue		9.49	11.1	11.8	12.4	15.2	17.5	18.9	18.7	20.3
Cost of revenue	5.07	5.21	5.53	5.78	6.7	8.44	8.97	9.26	9.87	10.8
Gross profit	3.8	4.28	5.6	6.01	5.7	6.74	8.56	9.64	8.87	9.48
Selling and marketing	1.51	1.58	1.84	1.88	2.21	2.51	2.95	3.13	3.34	3.36
General and administrative	1.97	2.01	2.04	2.28	2.48	2.54	3.02	3.35	3.65	3.2
Operating expenses	4.41	4.63	5.1	5.41	6.34	6.76	8.06	9.23	10.2	11.6
Operating income	-0.61	-0.35	0.5	0.6	-0.64	-0.02	0.49	0.41	-1.28	-2.1
Interest expense						0	0	0	0	0.05
Other non-operating income	-1.06	-1.16	0	-0.04	-0		-0.04	-0.05	0.1	-0.17
Pre-tax income	-1.68	-1.51	0.5	0.56	-0.64	0.22	0.45	0.36	-1.18	-2.27
Income tax	0	0	0	0	-0	-0	0	0	0.15	0.05
Net income	-1.68	-1.51	0.5	0.56	-0.65	0.21	0.44	0.36	-1.33	-2.32
EBITDA	0.25	0.49	1.39	1.71	0.69	1.62	2.61	3.06	1.77	0.96
EPS, basic	-0.02	-0.02	0.01	0.01	-0.01	0.00	0.00	0.00	-0.01
EPS, diluted	-0.02	-0.02	0.00	0.00	-0.01	0.00	0.00	0.00	-0.01	-0.03
Shares, basic (weighted)	90.5	90.5	90.5	90.5	90.5	90.5	90.5	90.5	90.5	90.5
Shares, diluted (weighted)	90.5	90.5	113	119	90.5	119	119	121	90.5	90.5

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2023	FY2023	FY2024	FY2025
Cash and equivalents	0.27	0.45	0.81	0.82	0.42	0.26	0.48	0.34	0.59	0.32
Receivables	0.43	0.34	0.54	0.68	0.7	0.62	0.91	1.15	1.02	1.2
Other current assets	0.1	0.15	0.17	0.05	0.11	0.04	0.03	0.1	0.16	0.24
Total current assets	0.88	1.03	1.65	1.65	1.34	1.14	1.65	1.74	1.94	1.84
Property, plant and equipment	1.37	1.42	1.7	2.27	2.76	3.42	0.41	0.3	0.21	0.17
Lease right-of-use assets			0	0.33	0.67	0.83	0.51	0.39	0.19	0.17
Goodwill	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11
Intangible assets	0.07	0.06	0.06	0.05	0.06	0.06	0.07	0.07	0.05	0.04
Total assets	2.45	2.65	3.54	4.43	4.95	5.58	6.56	7.18	7.56	5.77
Accounts payable	1.5	1.57	1.5	1.29	2.03	2.43	2.51	2.21	3.56	4.57
Deferred revenue	0.55	0.71	0.71	0.58	0.54	0.62	1.17	1.46	1.7	1.59
Total current liabilities	2.09	2.27	2.23	2.07	2.75	3.24	3.85	3.87	5.42	6.21
Lease liabilities			0	0.17	0.5	0.18	0.32	0.19	0.03	0.12
Total liabilities	13	5.36	5.32	5.24	6.89	7.27	7.79	8.04	6.15	6.61
Paid-in capital	9.38	18.7	19.2	19.6	19.6	-18.9	18.9	18.9	19.5	19.6
Retained earnings	-20	-21.5	-21	-20.5	-21.1	-20.7	-20.2	-19.9	-21.2	-23.5
Shareholders' equity	-10.5	-2.71	-1.78	-0.81	-1.93	-1.69	-1.23	-0.86	1.42	-0.84
Total equity	-10.5	-2.71	-1.78	-0.81	-1.93	-1.69	-1.23	-0.86	1.42	-0.84
Total liabilities and equity	2.45	2.65	3.54	4.43	4.95	5.58	6.56	7.18	7.56	5.77
Shares outstanding	90.5	90.5	90.5	90.5	90.5	90.5	90.5	90.5	90.5	90.5

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2023	FY2023	FY2024	FY2025
Net income	-1.68	-1.51	0.5	0.56	-0.65	0.21	0.44	0.36	-1.33	-2.32
Depreciation and amortization	0.86	0.84	0.89	1.11	1.33	1.64	2.12	2.65	3.05	3.06
Stock-based compensation	0.08	0.1	0.44	0.41	0.04	0.03	0.02	0.01	0.01	0.06
Deferred income tax						0	0	0	0	0
Change in receivables	-0.11	0.04	-0.19	-0.14	-0.02	-0.07	0.49	-0.47	-0.19	-0.69
Cash from operations	0.84	1.11	1.5	1.77	1.33	2.16	3.14	3.15	3.68	1.11
Capital expenditures	-0.13	-0.09	-0.19	-0.33	-0.13	-0.09	-0.16	-0.08	-0.04	-0.06
Cash from investing	-0.82	-0.88	-1.07	-1.68	-1.83	-2.31	-2.92	-3.28	-3.44	-1.37
Cash from financing		-0.05	-0.08	-0.08	0.1	-0.01	-0	0
Net change in cash	0.02	0.18	0.36	0.01	-0.4	-0.16	0.22	-0.14	0.24	-0.27
Free cash flow	0.71	1.02	1.31	1.44	1.19	2.06	2.98	3.07	3.64	1.05
Interest paid	0	0	0.01	0.01	0	0	0	0	0	0.04

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 $0.15 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	48.2%	Gross profit / revenue.
Operating margin	-9.0%	Operating income / revenue.
EBITDA margin	3.8%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	-9.2%	Pre-tax income / revenue.
Net margin	-9.1%	Net income / revenue.
FCF margin	2.7%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	3.0%	Cash from operations / revenue.
Return on assets (ROA)	-39.1%	Net income / average total assets.
Capex / revenue	0.3%	Capital expenditures / revenue.
D&A / revenue	12.8%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	8.1%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	4.9%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	10.3%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	6.8%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	3.5%	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	10.7%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-46.0%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-28.4%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	6.8%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-70.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-29.4%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-3.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-71.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-29.4%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-2.5%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	-159.4%	Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y	-23.6%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-4.2%	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	3.1%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-8.8%	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

Metric	Value	How it is calculated
Current ratio	0.28x	Current assets / current liabilities.
Quick ratio	0.22x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.03x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	136.6%	Total liabilities / total assets.
Interest coverage	-26.0x	Operating income / interest expense.
Working capital	-$4.6M	Current assets - current liabilities.
Goodwill and intangibles / assets	2.9%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$2.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	4.31x	Revenue / average total assets.
Fixed asset turnover	133x	Revenue / average property, plant and equipment.
Receivables turnover	17.5x	Revenue / average receivables.
Days sales outstanding	21 days	365 x average receivables / revenue.
Days payables	161 days	365 x average accounts payable / cost of revenue.
Capex / operating cash flow	9.6%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.02	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.
Revenue per share	$0.24	Revenue / diluted weighted shares.
FCF per share	$0.01	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.01	Cash from operations / diluted weighted shares.
Book value per share	-$0.02	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$0.02	Tangible book value / shares outstanding.
Cash per share	$0.00	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$13.7M	Share price x shares outstanding.
Enterprise value	$13.5M	Market cap + total debt - cash - short-term investments.
P/S	0.64x	Market cap / revenue.
P/FCF	23.3x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	21.1x	Market cap / cash from operations, when positive.
EV/Sales	0.63x	Enterprise value / revenue.
EV/EBITDA	16.5x	Enterprise value / EBITDA, when both are positive.
EV/FCF	23.0x	Enterprise value / free cash flow, when both are positive.
FCF yield	4.3%	Free cash flow / market cap.
Earnings yield	-14.3%	Net income / market cap (the inverse of P/E).

What was QUOTEMEDIA INC's revenue in fiscal 2025?

QUOTEMEDIA INC reported revenue of $20.3M for fiscal 2025, 8.1% higher than the year before.

Was QUOTEMEDIA INC profitable in fiscal 2025?

No. It reported a net loss of $2.3M.

How much free cash flow did QUOTEMEDIA INC generate in fiscal 2025?

Cash from operations of $1.1M minus capital expenditures of $56.6K left free cash flow of $1.0M.

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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