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Financial statements

Strategic Environmental & Energy Resources, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Strategic Environmental & Energy Resources, 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

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue12.67.658.438.224.32.743.484.022.94.31
Cost of revenue2.383.423.64
Gross profit10.34.244.79
Research and development0.490.190.010000000
Selling, general and administrative3.032.032.521.311.481.121.021.26
General and administrative1.161.081.04
Operating expenses1612.413.25.935.064.224.215.454.585.34
Operating income-3.38-4.76-4.77-0.66-0.76-1.48-0.74-1.43-1.68-1.03
Interest expense0.090.321.431.410.550.880.740.80.880.93
Interest income0.04
Other non-operating income-0.05-0.32-1.37-1.34-0.15-0.860.96-0.63-0.86-0.78
Pre-tax income-3.43-4.66-2.74-2.330.23
Income tax000
Income from continuing operations-5.08-6.13-2-0.92.80.52.72.41.8
Net income to minority interests-0.16-0.15-0.030.19-0.07-0.01-0
Net income-2.89-3.89-2.2-2.93-2.54-2.760.33-2.64-2.37-1.8
EBITDA-2.67-4.02-3.99-0.12-0.56-1.32-0.6-1.36-1.66-1.01
EPS, basic-0.05-0.07-0.10-0.05-0.04-0.040.01-0.04-0.04-0.03
EPS, diluted-0.05-0.07-0.10-0.05-0.04-0.040.01-0.04-0.04-0.03
Shares, basic (weighted)52.35455.359.262.164.165.165.165.165.1
Shares, diluted (weighted)52.35455.359.262.164.165.265.265.165.1

Balance sheet

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash and equivalents0.230.230.050.120.350.050.190.020.060.54
Receivables1.31.190.691.060.690.380.540.640.340.59
Inventory0.020.130.10.160.20.010.020
Other current assets0.530.520.340.240.140.10.110.090.080.1
Total current assets2.292.981.272.171.530.831.041.110.571.23
Property, plant and equipment4.332.811.30.830.560.550.430.040.030.04
Lease right-of-use assets0.440.350.30.250.190.13
Goodwill0.230.230.230.2300.280.28
Intangible assets0.790.740.620.520.480.450.420.020.020.01
Long-term investments0.18
Other non-current assets0.040.020.020.030.050.040.040.040.040.04
Total assets7.456.543.753.783.062.222.241.640.851.46
Accounts payable1.381.641.441.771.190.840.471.040.820.91
Accrued liabilities0.891.381.311.451.511.752.232.953.764.76
Deferred revenue0.470.330.320.530.540.831.13
Short-term debt0.660.570.090.180.165.786.697.478.29.2
Total current liabilities4.996.816.477.528.6610.68.5310.512.214.5
Long-term debt1.161.750.50.430.270.031.621.841.841.84
Lease liabilities0.380.330.280.220.150.07
Other non-current liabilities0.38
Total liabilities6.488.857.098.029.3410.910.412.614.116.4
Total debt1.822.322.670.614.743.626.825.98.22.34
Paid-in capital17.719.120.822.522.72323232323.1
Retained earnings-15.4-19.3-21.5-24.4-27-29.7-29.4-32-34.4-36.2
Shareholders' equity2.38-0.14-0.62-1.81-4.25-6.67-6.33-8.97-11.3-13
Minority interests-1.42-2.17-2.72-2.43-2.03-2.06-1.87-1.94-1.95-1.95
Total equity0.96-2.31-3.34-4.24-6.28-8.73-8.2-10.9-13.3-15
Total liabilities and equity7.456.543.753.783.062.222.241.640.851.46
Shares outstanding52.454.556.561.765.165.165.165.165.168.7

Cash flow statement

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net income-3.42-4.64-2.74-3.09-2.69-2.760.52-2.71-2.38-1.81
Depreciation and amortization0.720.740.770.540.190.160.130.070.020.02
Stock-based compensation0.310.090.250.10.010.020.01000.14
Change in receivables1.74-0.40.27-0.140.590.32-0.16-0.280.45-0.25
Change in inventory0.03-0.29-0.110.19-0.010.01
Change in payables-0.251.28-0.280.46-0.250.420.031.380.71.09
Cash from operations-0.12-0.75-2.79-1-2.1-1.69-1.55-1.02-0.94-0.44
Capital expenditures-0.46-0.16-0.2-0.06-0.07-0.13-0-0.02-0.01-0.02
Cash from investing-0.85-0.152.070.160.710.160.19-0.010.320.04
Debt repaid-0.15-0.09-0.24
Stock issued0.330.452.51
Cash from financing0.780.73-0.040.91.631.221.50.870.650.88
Net change in cash-0.190-0.180.060.24-0.310.14-0.170.040.48
Free cash flow-0.57-0.91-2.99-1.06-2.17-1.82-1.55-1.04-0.95-0.46
Interest paid0.040.260.210.010.130.020.040.030.030.03

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2025; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-16.9%Operating income / revenue.
EBITDA margin-16.6%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-37.6%Net income / revenue.
FCF margin-4.1%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-4.0%Cash from operations / revenue.
Return on assets (ROA)-140.1%Net income / average total assets.
R&D / revenue0.0%Research and development expense / revenue.
Capex / revenue0.1%Capital expenditures / revenue.
D&A / revenue0.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y48.7%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y7.4%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y0.0%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y71.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-13.3%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-13.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y0.0%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-0.0%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, 5y0.9%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.07xCurrent assets / current liabilities.
Quick ratio0.06x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.01x(Cash + short-term investments) / current liabilities.
Debt / assets143.4%Total debt / total assets.
Liabilities / assets1,365.0%Total liabilities / total assets.
Net debt$1.7MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-0.81xOperating income / interest expense.
Working capital-$14.5MCurrent assets - current liabilities.
Goodwill and intangibles / assets1.0%(Goodwill + intangible assets) / total assets.
Tangible book value-$14.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover3.72xRevenue / average total assets.
Fixed asset turnover117xRevenue / average property, plant and equipment.
Receivables turnover7.02xRevenue / average receivables.
Days sales outstanding52 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.03Net 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$0.07Revenue / diluted weighted shares.
FCF per share-$0.00Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share-$0.21Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.21Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$323.8KShare price x shares outstanding.
Enterprise value$2.0MMarket cap + total debt - cash - short-term investments.
P/S0.07xMarket cap / revenue.
EV/Sales0.41xEnterprise value / revenue.
FCF yield-60.2%Free cash flow / market cap.
Earnings yield-553.8%Net income / market cap (the inverse of P/E).
What was Strategic Environmental & Energy Resources, Inc.'s revenue in fiscal 2024?

Strategic Environmental & Energy Resources, Inc. reported revenue of $4.3M for fiscal 2024, 48.7% higher than the year before.

Was Strategic Environmental & Energy Resources, Inc. profitable in fiscal 2024?

No. It reported a net loss of $1.8M.

How much free cash flow did Strategic Environmental & Energy Resources, Inc. generate in fiscal 2024?

Cash from operations of $436.1K minus capital expenditures of $22.7K left free cash flow of -$458.8K.

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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