Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Mar 31, 2025 | FY 2024Mar 31, 2024 | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 42.8M | 39.6M | 34.1M | 21.3M | -- |
| Operating Revenue | 42.8M | 39.6M | 34.1M | 21.3M | -- |
| Cost Of Revenue | 20.5M | 20.9M | 17.9M | 10.2M | -- |
| Gross Profit | 22.3M | 18.7M | 16.2M | 11.1M | -- |
| Selling General And Administration | 13.0M | 13.5M | 13.1M | 10.1M | -- |
| General And Administrative Expense | 6.4M | 6.7M | 6.6M | 5.0M | -- |
| Research And Development | 4.4M | 3.9M | 3.8M | 2.3M | -- |
| Depreciation And Amortization In Income Statement | -- | -- | -- | -- | 874,000 |
| Operating Expense | 17.4M | 17.4M | 16.9M | 12.4M | -- |
| Operating Income | 5.0M | 1.2M | -672,000 | -1.2M | -- |
| EBIT | 4.4M | 1.6M | -462,000 | -1.5M | -- |
| Interest Expense | 521,000 | 569,000 | 456,000 | 362,000 | -- |
| Interest Expense Non Operating | 521,000 | 569,000 | 456,000 | 362,000 | -- |
| Interest Income | 79,000 | 10,000 | 2,000 | 9,000 | -- |
| Interest Income Non Operating | 79,000 | 10,000 | 2,000 | 9,000 | -- |
| Net Interest Income | -452,000 | -590,000 | -504,000 | -396,000 | -- |
| Other Income Expense | -615,000 | 421,000 | 258,000 | -229,000 | -- |
| Special Income Charges | 0.00 | 478,000 | 228,000 | -179,000 | -- |
| Restructuring And Mergern Acquisition | -- | -- | -- | -- | -414,000 |
| Write Off | -- | -- | -- | 0.00 | -26,000 |
| Gain On Sale Of Security | -615,000 | -57,000 | 30,000 | -50,000 | -- |
| Pretax Income | 3.9M | 1.1M | -918,000 | -1.9M | -- |
| Tax Provision | 26,000 | 7,000 | 19,000 | 0.00 | -- |
| Tax Effect Of Unusual Items | -3,813 | 2,526 | 103,200 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| Net Income From Continuing Operation Net Minority Interest | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| Net Income Including Noncontrolling Interests | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| Net Income Common Stockholders | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| Net Income | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| EBITDA | 6.2M | 3.4M | 1.8M | 646,000 | -- |
| Normalized EBITDA | 6.8M | 3.0M | 1.5M | 875,000 | -- |
| Reconciled Depreciation | 1.8M | 1.8M | 2.2M | 2.2M | -- |
| Basic EPS | 0.02 | 0.01 | -0.00 | -0.01 | -- |
| Diluted EPS | 0.02 | 0.01 | -0.00 | -0.01 | -- |
| Basic Average Shares | 226.9M | 211.6M | 220.2M | 220.2M | -- |
| Diluted Average Shares | 226.9M | 211.6M | 220.2M | 220.2M | -- |
| Total Unusual Items | -615,000 | 421,000 | 258,000 | -229,000 | -- |
| Total Unusual Items Excluding Goodwill | -615,000 | 421,000 | 258,000 | -229,000 | -- |
| Tax Rate For Calcs | 0.01 | 0.01 | 0.40 | 0.00 | -- |
| Normalized Income | 4.5M | 639,526 | -1.1M | -1.6M | -- |
| Amortization | -- | -- | -- | -- | 509,000 |
| Amortization Of Intangibles Income Statement | -- | -- | -- | -- | 509,000 |
| Depreciation Amortization Depletion Income Statement | -- | -- | -- | -- | 874,000 |
| Depreciation Income Statement | -- | -- | -- | -- | 365,000 |
| Diluted NI Availto Com Stockholders | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| Gain On Sale Of Ppe | 0.00 | 478,000 | 5,000 | 0.00 | -- |
| Impairment Of Capital Assets | -- | 0.00 | -223,000 | 179,000 | 235,000 |
| Net Income Continuous Operations | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| Net Non Operating Interest Income Expense | -452,000 | -590,000 | -504,000 | -396,000 | -- |
| Other Gand A | 6.4M | 6.7M | 6.6M | 5.0M | -- |
| Reconciled Cost Of Revenue | 20.5M | 20.9M | 17.9M | 10.2M | -- |
| Salaries And Wages | -- | -- | -- | -- | 4.4M |
| Selling And Marketing Expense | 6.6M | 6.7M | 6.5M | 5.1M | -- |
| Total Expenses | 37.8M | 38.4M | 34.8M | 22.6M | -- |
| Total Other Finance Cost | 10,000 | 31,000 | 50,000 | 43,000 | -- |
| Line Item | FY 2025Mar 31, 2025 | FY 2024Mar 31, 2024 | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 7.8M | 2.9M | 3.1M | 3.9M | -- |
| Cash Cash Equivalents And Short Term Investments | 7.9M | 3.1M | 3.1M | 3.9M | -- |
| Cash Equivalents | -- | -- | -- | -- | 7.4M |
| Cash Financial | -- | -- | -- | -- | 1.8M |
| Other Short Term Investments | 107,000 | 209,000 | 0.00 | -- | -- |
| Accounts Receivable | 5.7M | 5.0M | 7.4M | 6.0M | -- |
| Receivables | 6.9M | 5.8M | 8.2M | 6.5M | -- |
| Inventory | 5.6M | 7.2M | 10.0M | 5.2M | -- |
| Prepaid Assets | 608,000 | 650,000 | 502,000 | 691,000 | -- |
| Other Current Assets | -- | -- | -50,000 | -- | -- |
| Current Assets | 21.1M | 16.8M | 21.8M | 16.4M | -- |
| Gross PPE | 25.7M | 25.7M | 21.6M | 20.4M | -- |
| Accumulated Depreciation | -20.1M | -19.8M | -18.8M | -17.3M | -- |
| Net PPE | 5.6M | 5.9M | 2.8M | 3.1M | -- |
| Goodwill And Other Intangible Assets | 1.3M | 1.6M | 1.8M | 2.2M | -- |
| Other Intangible Assets | 1.3M | 1.6M | 1.8M | 2.2M | -- |
| Other Non Current Assets | -- | -- | 22,000 | 397,000 | 516,000 |
| Total Non Current Assets | 7.3M | 7.7M | 5.0M | 6.0M | -- |
| Total Assets | 28.4M | 24.5M | 26.7M | 22.4M | -- |
| Current Debt | 385,000 | 546,000 | 2.8M | 1.7M | -- |
| Current Debt And Capital Lease Obligation | 634,000 | 592,000 | 3.1M | 2.0M | -- |
| Accounts Payable | 2.0M | 2.3M | 3.7M | 1.7M | -- |
| Payables | 2.0M | 2.3M | 3.9M | 1.9M | -- |
| Payables And Accrued Expenses | 5.4M | 5.3M | 7.2M | 4.1M | -- |
| Current Accrued Expenses | 3.3M | 2.9M | 3.3M | 2.2M | -- |
| Current Deferred Revenue | 980,000 | 502,000 | 2.7M | 1.1M | -- |
| Other Current Liabilities | 484,000 | 45,000 | 162,000 | -- | -- |
| Current Liabilities | 7.7M | 6.6M | 13.3M | 7.2M | -- |
| Long Term Debt | 920,000 | 2.0M | 2.3M | 2.9M | -- |
| Long Term Debt And Capital Lease Obligation | 4.5M | 5.8M | 2.5M | 3.3M | -- |
| Long Term Capital Lease Obligation | 3.6M | 3.8M | 240,000 | 483,000 | -- |
| Total Non Current Liabilities Net Minority Interest | 4.5M | 5.8M | 2.5M | 3.3M | -- |
| Total Liabilities Net Minority Interest | 12.2M | 12.4M | 15.8M | 10.5M | -- |
| Common Stock | 66.5M | 66.2M | 66.2M | 66.2M | -- |
| Capital Stock | 66.5M | 66.2M | 66.2M | 66.2M | -- |
| Retained Earnings | -50.6M | -54.7M | -55.9M | -56.8M | -- |
| Gains Losses Not Affecting Retained Earnings | -138,000 | -210,000 | -290,000 | -137,000 | -- |
| Common Stock Equity | 16.3M | 12.1M | 10.9M | 11.8M | -- |
| Stockholders Equity | 16.3M | 12.1M | 10.9M | 11.8M | -- |
| Total Equity Gross Minority Interest | 16.3M | 12.1M | 10.9M | 11.8M | -- |
| Total Capitalization | 17.2M | 14.1M | 13.1M | 14.7M | -- |
| Net Tangible Assets | 14.9M | 10.5M | 9.1M | 9.7M | -- |
| Tangible Book Value | 14.9M | 10.5M | 9.1M | 9.7M | -- |
| Working Capital | 13.4M | 10.2M | 8.4M | 9.2M | -- |
| Invested Capital | 17.6M | 14.6M | 16.0M | 16.4M | -- |
| Total Debt | 5.1M | 6.4M | 5.6M | 5.3M | -- |
| Net Debt | -- | -- | 2.0M | 646,000 | -- |
| Share Issued | 221.9M | 220.2M | 220.2M | 220.2M | -- |
| Ordinary Shares Number | 221.9M | 220.2M | 220.2M | 220.2M | -- |
| Allowance For Doubtful Accounts Receivable | -254,000 | -225,000 | -196,000 | -166,000 | -- |
| Capital Lease Obligations | 3.8M | 3.9M | 483,000 | 706,000 | -- |
| Current Capital Lease Obligation | 249,000 | 46,000 | 243,000 | 223,000 | -- |
| Current Deferred Liabilities | 980,000 | 502,000 | 2.7M | 1.1M | -- |
| Current Provisions | 182,000 | 210,000 | 119,000 | 70,000 | -- |
| Employee Benefits | -- | -- | -- | -- | 0.00 |
| Finished Goods | 1.7M | 1.3M | 1.0M | 970,000 | -- |
| Foreign Currency Translation Adjustments | -138,000 | -210,000 | -290,000 | -137,000 | -- |
| Gross Accounts Receivable | 6.0M | 5.2M | 7.6M | 6.2M | -- |
| Hedging Assets Current | -- | -- | 0.00 | 32,000 | 169,000 |
| Income Tax Payable | -- | 0.00 | 185,000 | 185,000 | 225,000 |
| Line Of Credit | 84,000 | 52,000 | 1.2M | 1.1M | -- |
| Machinery Furniture Equipment | 2.6M | 2.7M | 3.9M | 3.4M | -- |
| Non Current Accounts Receivable | 375,000 | 245,000 | 351,000 | 379,000 | -- |
| Other Current Borrowings | 301,000 | 494,000 | 1.6M | 601,000 | -- |
| Other Equity Interest | 498,000 | 783,000 | 842,000 | 2.6M | -- |
| Other Properties | 23.1M | 23.0M | 15.3M | 14.4M | -- |
| Other Receivables | 61,000 | 108,000 | 128,000 | 317,000 | -- |
| Properties | -- | 2.6M | 2.4M | 2.6M | 3.0M |
| Raw Materials | 3.9M | 5.9M | 8.9M | 4.2M | -- |
| Taxes Receivable | 1.2M | 771,000 | 606,000 | 172,000 | -- |
| Total Tax Payable | -- | 0.00 | 185,000 | 185,000 | 225,000 |
| Treasury Shares Number | -- | 0.00 | -- | -- | -- |
| Line Item | FY 2025Mar 31, 2025 | FY 2024Mar 31, 2024 | FY 2023Mar 31, 2023 | FY 2022Mar 31, 2022 | FY 2021Mar 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 7.3M | 3.1M | 255,000 | -3.3M | -- |
| Cash Flow From Continuing Operating Activities | 7.3M | 3.1M | 255,000 | -3.3M | -- |
| Depreciation And Amortization | 1.8M | 1.8M | 2.2M | 2.2M | -- |
| Depreciation Amortization Depletion | 1.8M | 1.8M | 2.2M | 2.2M | -- |
| Stock Based Compensation | 200,000 | 63,000 | 228,000 | 192,000 | -- |
| Change In Working Capital | 1.1M | 611,000 | -782,000 | -3.6M | -- |
| Changes In Account Receivables | -1.1M | 2.2M | -1.3M | -4.1M | -- |
| Change In Receivables | -1.1M | 2.2M | -1.3M | -4.1M | -- |
| Change In Inventory | 1.6M | 2.8M | -4.8M | -616,000 | -- |
| Change In Payables And Accrued Expense | 29,000 | -1.9M | 3.1M | 619,000 | -- |
| Change In Other Working Capital | 450,000 | -2.1M | 2.1M | 434,000 | -- |
| Change In Other Current Assets | -- | -- | 375,000 | 119,000 | -- |
| Other Non Cash Items | 185,000 | 96,000 | 25,000 | -296,000 | -- |
| Capital Expenditure | -1.3M | -996,000 | -1.4M | -1.4M | -- |
| Purchase Of PPE | -943,000 | -538,000 | -725,000 | -415,000 | -- |
| Net PPE Purchase And Sale | -943,000 | -538,000 | -725,000 | -415,000 | -- |
| Investing Cash Flow | -1.2M | -388,000 | -1.3M | -1.1M | -- |
| Cash Flow From Continuing Investing Activities | -1.2M | -388,000 | -1.3M | -1.1M | -- |
| Issuance Of Debt | -- | 0.00 | 1.1M | 1.8M | 6.0M |
| Repayment Of Debt | -1.6M | -2.9M | -894,000 | -2.5M | -- |
| Net Issuance Payments Of Debt | -1.6M | -2.9M | 206,000 | -744,000 | -- |
| Financing Cash Flow | -1.4M | -2.9M | 206,000 | -744,000 | -- |
| Cash Flow From Continuing Financing Activities | -1.4M | -2.9M | 206,000 | -744,000 | -- |
| Effect Of Exchange Rate Changes | 149,000 | -6,000 | -15,000 | -6,000 | -- |
| Changes In Cash | 4.7M | -194,000 | -806,000 | -5.2M | -- |
| Beginning Cash Position | 2.9M | 3.1M | 3.9M | 9.1M | -- |
| End Cash Position | 7.8M | 2.9M | 3.1M | 3.9M | -- |
| Free Cash Flow | 6.0M | 2.1M | -1.1M | -4.7M | -- |
| Income Tax Paid Supplemental Data | 26,000 | 7,000 | 19,000 | 0.00 | -- |
| Interest Paid Supplemental Data | 147,000 | 391,000 | 337,000 | 227,000 | -- |
| Amortization Cash Flow | 567,000 | 720,000 | 1.0M | 1.0M | -- |
| Amortization Of Intangibles | 567,000 | 720,000 | 1.0M | 1.0M | -- |
| Amortization Of Securities | 19,000 | 25,000 | -- | 12,000 | 0.00 |
| Asset Impairment Charge | -- | 106,000 | -223,000 | 179,000 | 235,000 |
| Change In Prepaid Assets | 144,000 | -357,000 | 189,000 | -85,000 | -- |
| Depreciation | 1.2M | 1.0M | 1.2M | 1.1M | -- |
| Gain Loss On Investment Securities | 439,000 | -117,000 | 194,000 | 137,000 | -- |
| Gain Loss On Sale Of PPE | -- | -- | -5,000 | 0.00 | 24,000 |
| Long Term Debt Issuance | -- | 0.00 | 1.0M | 1.8M | 2.0M |
| Long Term Debt Payments | -1.6M | -1.8M | -894,000 | -676,000 | -- |
| Net Foreign Currency Exchange Gain Loss | -264,000 | 108,000 | -471,000 | -1,000 | -- |
| Net Income From Continuing Operations | 3.9M | 1.1M | -937,000 | -1.9M | -- |
| Net Intangibles Purchase And Sale | -352,000 | -458,000 | -664,000 | -960,000 | -- |
| Net Long Term Debt Issuance | -1.6M | -1.8M | 106,000 | 1.1M | -- |
| Net Other Financing Charges | -- | -- | -- | -- | -653,000 |
| Net Other Investing Changes | 130,000 | 608,000 | 122,000 | 251,000 | -- |
| Net Short Term Debt Issuance | 0.00 | -1.2M | 100,000 | -1.8M | -- |
| Operating Gains Losses | 175,000 | -487,000 | -282,000 | 136,000 | -- |
| Pension And Employee Benefit Expense | -- | -- | -- | 0.00 | -414,000 |
| Proceeds From Stock Option Exercised | 148,000 | 0.00 | -- | 0.00 | 5.8M |
| Purchase Of Intangibles | -352,000 | -458,000 | -664,000 | -960,000 | -- |
| Sale Of PPE | -- | -- | -- | -- | 0.00 |
| Short Term Debt Issuance | -- | -- | 100,000 | 0.00 | 4.0M |
| Short Term Debt Payments | 0.00 | -1.2M | -- | -1.8M | -1.1M |