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 | 108.3M | 113.1M | 108.1M | 76.7M | -- |
| Operating Revenue | 108.3M | 113.1M | 108.1M | 76.7M | -- |
| Cost Of Revenue | 51.7M | 53.5M | 48.1M | 38.8M | -- |
| Gross Profit | 56.6M | 59.5M | 60.0M | 37.9M | -- |
| Selling General And Administration | 36.1M | 38.4M | 42.2M | 38.6M | -- |
| General And Administrative Expense | 28.3M | 27.9M | 30.8M | 29.1M | -- |
| Research And Development | 8.3M | 8.0M | 9.0M | 11.3M | -- |
| Depreciation And Amortization In Income Statement | 253,000 | 251,000 | 353,000 | 398,000 | -- |
| Operating Expense | 44.7M | 46.7M | 51.5M | 50.3M | -- |
| Operating Income | 11.9M | 12.8M | 8.5M | -12.4M | -- |
| EBIT | 9.6M | 13.5M | 8.6M | 8.4M | -- |
| Interest Expense | 8.2M | 13.4M | 13.6M | 12.2M | -- |
| Interest Expense Non Operating | 8.2M | 13.4M | 13.6M | 12.2M | -- |
| Interest Income | -- | -- | -- | -- | 3,000 |
| Interest Income Non Operating | -- | -- | -- | -- | 3,000 |
| Net Interest Income | -8.2M | -13.4M | -13.6M | -12.2M | -- |
| Other Income Expense | -2.3M | 683,000 | 76,000 | 20.8M | -- |
| Special Income Charges | -1.2M | 766,000 | -768,000 | -164,000 | -- |
| Restructuring And Mergern Acquisition | -1.6M | -1.7M | 768,000 | -1.6M | -- |
| Gain On Sale Of Security | -1.1M | -83,000 | 844,000 | 20.9M | -- |
| Pretax Income | 1.4M | 106,000 | -5.0M | -3.8M | -- |
| Tax Provision | -807,000 | 320,000 | -6.3M | -941,000 | -- |
| Tax Effect Of Unusual Items | -342,900 | 102,450 | 30,400 | 5.1M | -- |
| Net Income From Continuing And Discontinued Operation | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| Net Income From Continuing Operation Net Minority Interest | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| Net Income Including Noncontrolling Interests | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| Net Income Common Stockholders | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| Net Income | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| EBITDA | 16.8M | 19.3M | 14.6M | 14.5M | -- |
| Normalized EBITDA | 19.1M | 18.6M | 14.6M | -6.2M | -- |
| Reconciled Depreciation | 7.2M | 5.8M | 6.1M | 6.1M | -- |
| Basic EPS | 0.09 | -0.01 | 0.06 | -0.15 | -- |
| Diluted EPS | 0.08 | -0.01 | 0.06 | -0.15 | -- |
| Basic Average Shares | 25.8M | 22.3M | 20.0M | 19.5M | -- |
| Diluted Average Shares | 26.5M | 22.3M | 20.5M | 19.9M | -- |
| Total Unusual Items | -2.3M | 683,000 | 76,000 | 20.8M | -- |
| Total Unusual Items Excluding Goodwill | -2.3M | 683,000 | 76,000 | 20.8M | -- |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.25 | -- |
| Normalized Income | 4.2M | -794,550 | 1.2M | -18.5M | -- |
| Depreciation Amortization Depletion Income Statement | 253,000 | 251,000 | 353,000 | 398,000 | -- |
| Depreciation Income Statement | 253,000 | 251,000 | 353,000 | 398,000 | -- |
| Diluted NI Availto Com Stockholders | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| Impairment Of Capital Assets | 2.8M | 888,000 | 0.00 | 1.8M | -- |
| Net Income Continuous Operations | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| Net Non Operating Interest Income Expense | -8.2M | -13.4M | -13.6M | -12.2M | -- |
| Other Gand A | 6.2M | 5.7M | 6.8M | 7.9M | -- |
| Reconciled Cost Of Revenue | 44.8M | 48.0M | 42.3M | 33.0M | -- |
| Salaries And Wages | 22.2M | 22.1M | 24.0M | 21.2M | -- |
| Selling And Marketing Expense | 7.8M | 10.6M | 11.4M | 9.5M | -- |
| Total Expenses | 96.4M | 100.3M | 99.6M | 89.1M | -- |
| Total Operating Income As Reported | 8.2M | 10.8M | 7.6M | -15.0M | -- |
| 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 | 24.0M | 5.3M | 13.1M | 10.0M | -- |
| Cash Cash Equivalents And Short Term Investments | 24.0M | 5.3M | 13.1M | 10.0M | -- |
| Accounts Receivable | 13.2M | 23.9M | 22.0M | 13.4M | -- |
| Receivables | 13.3M | 24.0M | 22.4M | 14.4M | -- |
| Inventory | 35.3M | 30.8M | 22.8M | 21.4M | -- |
| Prepaid Assets | 7.6M | 10.1M | 12.4M | 2.1M | -- |
| Other Current Assets | 376,000 | 2.3M | 2.3M | 1.3M | -- |
| Current Assets | 80.6M | 72.5M | 73.0M | 49.1M | -- |
| Gross PPE | 2.0M | 1.9M | 1.8M | 2.1M | -- |
| Accumulated Depreciation | -1.4M | -1.1M | -874,000 | -868,000 | -- |
| Net PPE | 689,000 | 778,000 | 899,000 | 1.2M | -- |
| Goodwill | 10.0M | 10.3M | 10.3M | 10.7M | -- |
| Goodwill And Other Intangible Assets | 81.6M | 74.4M | 80.7M | 87.3M | -- |
| Other Intangible Assets | 71.6M | 64.1M | 70.4M | 76.6M | -- |
| Other Non Current Assets | -- | -- | -- | 1.6M | 2.1M |
| Total Non Current Assets | 91.3M | 83.2M | 88.4M | 90.1M | -- |
| Total Assets | 171.8M | 155.7M | 161.3M | 139.2M | -- |
| Current Debt | 37.0M | 15.7M | 42.7M | 15.0M | -- |
| Current Debt And Capital Lease Obligation | 37.0M | 15.7M | 42.7M | 15.0M | -- |
| Accounts Payable | 5.7M | 7.8M | 10.2M | 12.0M | -- |
| Payables | 30.5M | 18.3M | 14.8M | 13.3M | -- |
| Payables And Accrued Expenses | 60.2M | 47.8M | 38.1M | 30.4M | -- |
| Current Accrued Expenses | 29.7M | 29.4M | 23.3M | 17.1M | -- |
| Other Current Liabilities | 125,000 | 2.7M | 2.7M | 2.6M | -- |
| Current Liabilities | 97.3M | 66.2M | 83.5M | 48.1M | -- |
| Long Term Debt | 198,000 | 34.2M | 27.4M | 39.8M | -- |
| Long Term Debt And Capital Lease Obligation | 198,000 | 34.2M | 27.4M | 39.8M | -- |
| Total Non Current Liabilities Net Minority Interest | 22.4M | 59.2M | 55.4M | 73.3M | -- |
| Total Liabilities Net Minority Interest | 119.7M | 125.4M | 138.9M | 121.4M | -- |
| Common Stock | 96.1M | 76.4M | 69.0M | 68.7M | -- |
| Capital Stock | 96.1M | 76.4M | 69.0M | 68.7M | -- |
| Additional Paid In Capital | 12.0M | 12.0M | 11.3M | 10.4M | -- |
| Retained Earnings | -62.0M | -64.2M | -64.0M | -65.2M | -- |
| Gains Losses Not Affecting Retained Earnings | 6.0M | 6.2M | 6.2M | 4.0M | -- |
| Common Stock Equity | 52.1M | 30.3M | 22.4M | 17.8M | -- |
| Stockholders Equity | 52.1M | 30.3M | 22.4M | 17.8M | -- |
| Total Equity Gross Minority Interest | 52.1M | 30.3M | 22.4M | 17.8M | -- |
| Total Capitalization | 52.3M | 64.5M | 49.8M | 57.6M | -- |
| Net Tangible Assets | -29.5M | -44.1M | -58.2M | -69.5M | -- |
| Tangible Book Value | -29.5M | -44.1M | -58.2M | -69.5M | -- |
| Working Capital | -16.7M | 6.3M | -10.5M | 1.0M | -- |
| Invested Capital | 89.3M | 80.2M | 92.5M | 72.7M | -- |
| Total Debt | 37.2M | 49.9M | 70.1M | 54.9M | -- |
| Net Debt | 13.2M | 44.6M | 57.0M | 44.8M | -- |
| Share Issued | 32.3M | 24.5M | 20.2M | 20.0M | -- |
| Ordinary Shares Number | 32.3M | 24.5M | 20.2M | 20.0M | -- |
| Allowance For Doubtful Accounts Receivable | -801,000 | 0.00 | -- | -- | -- |
| Buildings And Improvements | 781,000 | 780,000 | 700,000 | 1.0M | -- |
| Derivative Product Liabilities | -- | -- | 0.00 | 2.7M | 23.7M |
| Finished Goods | 14.8M | 17.5M | 14.9M | 13.6M | -- |
| Foreign Currency Translation Adjustments | 6.0M | 6.2M | 6.2M | 4.0M | -- |
| Gross Accounts Receivable | 14.0M | 23.9M | -- | -- | -- |
| Income Tax Payable | 1.4M | 1.3M | 1.2M | 27,000 | -- |
| Interest Payable | -- | -- | -- | -- | 102,000 |
| Machinery Furniture Equipment | 1.3M | 1.1M | 1.1M | 1.1M | -- |
| Non Current Deferred Assets | 9.0M | 8.0M | 6.8M | 0.00 | -- |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 1.5M | 2.6M |
| Non Current Deferred Taxes Assets | 9.0M | 8.0M | 6.8M | 0.00 | -- |
| Non Current Deferred Taxes Liabilities | -- | -- | 0.00 | 1.5M | 2.6M |
| Other Current Borrowings | 37.0M | 15.7M | 42.7M | 15.0M | -- |
| Other Payable | 23.4M | 9.3M | 3.5M | 1.2M | -- |
| Other Properties | -- | 780,000 | 700,000 | 1.0M | 908,000 |
| Other Receivables | -- | -- | -- | 705,000 | 145,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 1.5M | 1.1M | 1.7M | 2.3M | -- |
| Taxes Receivable | 136,000 | 161,000 | 410,000 | 311,000 | -- |
| Total Tax Payable | 1.4M | 1.3M | 1.2M | 27,000 | -- |
| Tradeand Other Payables Non Current | 22.2M | 25.0M | 28.0M | 29.3M | -- |
| Work In Process | 19.0M | 12.2M | 6.3M | 5.5M | -- |
| 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 | 24.0M | 18.7M | -1.4M | -1.2M | -- |
| Cash Flow From Continuing Operating Activities | 24.0M | 18.7M | -1.4M | -1.2M | -- |
| Depreciation And Amortization | 7.2M | 5.8M | 6.1M | 6.1M | -- |
| Depreciation Amortization Depletion | 7.2M | 5.8M | 6.1M | 6.1M | -- |
| Stock Based Compensation | 411,000 | 469,000 | 1.2M | 1.9M | -- |
| Deferred Tax | -807,000 | 320,000 | -6.3M | -941,000 | -- |
| Deferred Income Tax | -807,000 | 320,000 | -6.3M | -941,000 | -- |
| Change In Working Capital | 5.8M | 2.3M | -15.3M | 4.7M | -- |
| Changes In Account Receivables | 10.5M | -1.7M | -8.2M | 4.4M | -- |
| Change In Receivables | 10.5M | -1.7M | -8.2M | 4.4M | -- |
| Change In Inventory | -4.6M | -6.8M | -2.0M | -6.7M | -- |
| Change In Payables And Accrued Expense | -2.0M | 8.6M | 4.8M | 3.6M | -- |
| Change In Other Working Capital | -- | -- | 1,000 | -- | -- |
| Change In Other Current Assets | 1.9M | -24,000 | 563,000 | 700,000 | -- |
| Change In Other Current Liabilities | -2.5M | 0.00 | -- | -- | -- |
| Other Non Cash Items | 5.7M | 10.6M | 13.5M | 12.2M | -- |
| Capital Expenditure | -2.7M | -266,000 | -362,000 | -7.7M | -- |
| Purchase Of PPE | -183,000 | -50,000 | -61,000 | -97,000 | -- |
| Net PPE Purchase And Sale | -183,000 | -50,000 | -61,000 | -97,000 | -- |
| Purchase Of Business | -3.3M | -3.2M | -1.4M | -482,000 | -- |
| Investing Cash Flow | -6.0M | -3.5M | -1.7M | -8.2M | -- |
| Cash Flow From Continuing Investing Activities | -6.0M | -3.5M | -1.7M | -8.2M | -- |
| Issuance Of Debt | 0.00 | 17.6M | 35.5M | 3.9M | -- |
| Repayment Of Debt | -14.2M | -44.0M | -24.7M | -164,000 | -- |
| Net Issuance Payments Of Debt | -14.2M | -26.4M | 10.7M | 3.7M | -- |
| Issuance Of Capital Stock | 19.2M | 7.6M | 0.00 | 0.00 | -- |
| Net Common Stock Issuance | 19.2M | 7.6M | 0.00 | 0.00 | -- |
| Financing Cash Flow | 796,000 | -23.0M | 6.4M | 663,000 | -- |
| Cash Flow From Continuing Financing Activities | 796,000 | -23.0M | 6.4M | 663,000 | -- |
| Effect Of Exchange Rate Changes | -111,000 | -2,000 | -189,000 | 27,000 | -- |
| Changes In Cash | 18.8M | -7.8M | 3.2M | -8.7M | -- |
| Beginning Cash Position | 5.3M | 13.1M | 10.0M | 18.7M | -- |
| End Cash Position | 24.0M | 5.3M | 13.1M | 10.0M | -- |
| Free Cash Flow | 21.3M | 18.4M | -1.8M | -8.9M | -- |
| Amortization Cash Flow | 6.9M | 5.6M | 5.7M | 5.7M | -- |
| Amortization Of Intangibles | 6.9M | 5.6M | 5.7M | 5.7M | -- |
| Asset Impairment Charge | 2.8M | 888,000 | 0.00 | 1.8M | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Change In Prepaid Assets | 2.5M | 2.2M | -10.4M | 2.7M | -- |
| Common Stock Issuance | 19.2M | 7.6M | 0.00 | 0.00 | -- |
| Depreciation | 253,000 | 251,000 | 353,000 | 398,000 | -- |
| Earnings Losses From Equity Investments | -- | -- | -107,000 | -2.5M | 1.7M |
| Gain Loss On Investment Securities | -- | -82,000 | -2.5M | -21.1M | 20.6M |
| Interest Paid Cff | -4.3M | -4.2M | -4.3M | -3.1M | -- |
| Interest Received Cfi | -- | -- | -- | -- | 3,000 |
| Long Term Debt Issuance | 0.00 | 17.6M | 35.5M | 3.9M | -- |
| Long Term Debt Payments | -14.2M | -5.0M | -24.7M | -164,000 | -- |
| Net Business Purchase And Sale | -3.3M | -3.2M | -1.4M | -482,000 | -- |
| Net Foreign Currency Exchange Gain Loss | 870,000 | 1,000 | 1.5M | 146,000 | -- |
| Net Income From Continuing Operations | 2.2M | -214,000 | 1.2M | -2.9M | -- |
| Net Intangibles Purchase And Sale | -2.5M | -216,000 | -301,000 | -7.6M | -- |
| Net Long Term Debt Issuance | -14.2M | 12.6M | 10.7M | 3.7M | -- |
| Net Other Financing Charges | -- | -- | -- | -- | -297,000 |
| Net Short Term Debt Issuance | 0.00 | -39.0M | 0.00 | -- | -- |
| Operating Gains Losses | 870,000 | -81,000 | -1.0M | -23.4M | -- |
| Proceeds From Stock Option Exercised | 140,000 | 0.00 | -- | -- | -- |
| Purchase Of Intangibles | -2.5M | -216,000 | -301,000 | -7.6M | -- |
| Short Term Debt Payments | 0.00 | -39.0M | 0.00 | -- | -- |
| Taxes Refund Paid | -224,000 | -1.4M | -910,000 | -684,000 | -- |