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 | 33.8M | 24.9M | 20.0M | 18.2M | -- |
| Operating Revenue | 33.8M | 24.9M | 20.0M | 18.2M | -- |
| Cost Of Revenue | 20.5M | 14.6M | 11.8M | 10.3M | -- |
| Gross Profit | 13.3M | 10.3M | 8.1M | 7.8M | -- |
| Selling General And Administration | 12.1M | 11.0M | 7.5M | 8.0M | -- |
| General And Administrative Expense | 12.1M | 11.0M | 7.5M | 8.0M | -- |
| Depreciation And Amortization In Income Statement | 1.7M | 1.4M | 1.1M | 1.2M | -- |
| Operating Expense | 13.7M | 12.5M | 8.6M | 9.2M | -- |
| Operating Income | -490,345 | -2.1M | -484,211 | -1.4M | -- |
| EBIT | -1.4M | -2.3M | -3.0M | -5.4M | -- |
| Interest Expense | 276,833 | 232,577 | 212,898 | 458,400 | -- |
| Interest Expense Non Operating | 276,833 | 232,577 | 212,898 | 458,400 | -- |
| Net Interest Income | -836,108 | -654,954 | -547,599 | -747,396 | -- |
| Other Income Expense | -334,361 | 306,852 | -2.2M | -3.7M | -- |
| Other Non Operating Income Expenses | 395,861 | 538,918 | 337,522 | 197,097 | -- |
| Special Income Charges | -720,451 | -231,211 | -2.6M | -4.4M | -- |
| Restructuring And Mergern Acquisition | 720,451 | 231,211 | 2.6M | 4.4M | -- |
| Gain On Sale Of Security | -9,771 | -855.00 | -7,366 | 464,382 | -- |
| Pretax Income | -1.7M | -2.5M | -3.3M | -5.9M | -- |
| Tax Provision | 393,099 | -86,793 | 593,927 | 60,766 | -- |
| Tax Effect Of Unusual Items | -109,533 | -8,099 | -1.0M | -1.0M | -- |
| Net Income From Continuing And Discontinued Operation | -2.0M | -2.4M | 32,310 | -4.4M | -- |
| Net Income From Continuing Operation Net Minority Interest | -2.0M | -2.4M | -3.9M | -5.9M | -- |
| Net Income Including Noncontrolling Interests | -2.1M | -2.4M | 32,310 | -4.4M | -- |
| Minority Interests | 27,603 | 20,605 | 0.00 | 0.00 | -- |
| Net Income Common Stockholders | -2.0M | -2.4M | 32,310 | -4.4M | -- |
| Net Income | -2.0M | -2.4M | 32,310 | -4.4M | -- |
| EBITDA | 279,044 | -834,131 | -1.9M | -4.2M | -- |
| Normalized EBITDA | 1.0M | -602,065 | 617,732 | -251,326 | -- |
| Reconciled Depreciation | 1.7M | 1.4M | 1.1M | 1.2M | -- |
| Basic EPS | -0.08 | -0.09 | 0.00 | -0.20 | -- |
| Diluted EPS | -0.08 | -0.09 | 0.00 | -0.20 | -- |
| Basic Average Shares | 26.6M | 26.6M | 26.5M | 21.8M | -- |
| Diluted Average Shares | 26.6M | 26.6M | 26.5M | 21.8M | -- |
| Total Unusual Items | -730,222 | -232,066 | -2.6M | -3.9M | -- |
| Total Unusual Items Excluding Goodwill | -730,222 | -232,066 | -2.6M | -3.9M | -- |
| Tax Rate For Calcs | 0.15 | 0.03 | 0.40 | 0.26 | -- |
| Normalized Income | -1.4M | -2.2M | -2.3M | -3.0M | -- |
| Amortization | 645,089 | 557,153 | 392,551 | 354,217 | -- |
| Amortization Of Intangibles Income Statement | 645,089 | 557,153 | 392,551 | 354,217 | -- |
| Depreciation Amortization Depletion Income Statement | 1.7M | 1.4M | 1.1M | 1.2M | -- |
| Depreciation Income Statement | 1.0M | 863,185 | 706,571 | 869,537 | -- |
| Diluted NI Availto Com Stockholders | -2.0M | -2.4M | 32,310 | -4.4M | -- |
| Impairment Of Capital Assets | -- | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | -2.1M | -2.4M | -3.9M | -5.9M | -- |
| Net Income Discontinuous Operations | -- | 0.00 | 3.9M | 1.5M | 1.2M |
| Net Non Operating Interest Income Expense | -836,108 | -654,954 | -547,599 | -747,396 | -- |
| Other Gand A | 5.9M | 4.8M | 3.2M | 2.9M | -- |
| Reconciled Cost Of Revenue | 20.5M | 14.6M | 11.8M | 10.3M | -- |
| Salaries And Wages | 6.2M | 6.2M | 4.3M | 5.1M | -- |
| Total Expenses | 34.3M | 27.1M | 20.4M | 19.5M | -- |
| Total Other Finance Cost | 559,275 | 422,377 | 334,701 | 288,996 | -- |
| 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 | 4.7M | 6.0M | 10.1M | 354,082 | -- |
| Cash Cash Equivalents And Short Term Investments | 4.7M | 6.0M | 10.1M | 354,082 | -- |
| Accounts Receivable | 7.0M | 6.4M | 4.5M | 3.2M | -- |
| Receivables | 7.7M | 7.7M | 6.1M | 4.1M | -- |
| Inventory | 1.0M | 1.1M | 929,375 | 936,246 | -- |
| Prepaid Assets | 425,800 | 591,836 | 192,681 | 250,690 | -- |
| Current Assets | 13.8M | 15.4M | 17.3M | 35.0M | -- |
| Gross PPE | 6.0M | 5.2M | 4.5M | 4.4M | -- |
| Accumulated Depreciation | -3.8M | -2.9M | -2.1M | -2.6M | -- |
| Net PPE | 2.3M | 2.3M | 2.4M | 1.7M | -- |
| Goodwill | 4.4M | 4.5M | 3.0M | 3.0M | -- |
| Goodwill And Other Intangible Assets | 6.7M | 7.0M | 4.8M | 4.6M | -- |
| Other Intangible Assets | 2.2M | 2.5M | 1.9M | 1.7M | -- |
| Other Non Current Assets | -- | -- | -- | 13,359 | 275,482 |
| Total Non Current Assets | 9.2M | 9.8M | 8.3M | 8.0M | -- |
| Total Assets | 23.0M | 25.2M | 25.6M | 42.9M | -- |
| Current Debt | 102,498 | 89,670 | 500,000 | 443,379 | -- |
| Current Debt And Capital Lease Obligation | 768,126 | 651,722 | 1.1M | 948,959 | -- |
| Accounts Payable | 3.6M | 4.6M | 4.2M | 6.2M | -- |
| Payables | 3.9M | 4.6M | 4.2M | 6.2M | -- |
| Payables And Accrued Expenses | 3.9M | 4.6M | 4.2M | 6.2M | -- |
| Current Deferred Revenue | 2.9M | 2.4M | 2.1M | 2.3M | -- |
| Other Current Liabilities | -- | 1.3M | -- | 8.5M | -- |
| Current Liabilities | 7.5M | 7.6M | 7.4M | 17.9M | -- |
| Long Term Debt | -- | -- | -- | 8.4M | 9.9M |
| Long Term Debt And Capital Lease Obligation | 591,146 | 818,096 | 1.1M | 8.8M | -- |
| Long Term Capital Lease Obligation | 591,146 | 818,096 | 1.1M | 335,167 | -- |
| Other Non Current Liabilities | 1.4M | 1.2M | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 2.8M | 2.8M | 1.4M | 9.0M | -- |
| Total Liabilities Net Minority Interest | 10.3M | 10.4M | 8.8M | 26.9M | -- |
| Common Stock | 30.2M | 30.2M | 30.1M | 30.1M | -- |
| Capital Stock | 30.2M | 30.2M | 30.1M | 30.1M | -- |
| Additional Paid In Capital | 2.5M | 2.4M | 2.3M | 1.6M | -- |
| Retained Earnings | -20.1M | -18.1M | -15.7M | -15.7M | -- |
| Gains Losses Not Affecting Retained Earnings | -111,381 | -2,019 | 0.00 | 0.00 | -- |
| Other Equity Adjustments | -111,381 | -2,019 | -- | -- | -1.0M |
| Common Stock Equity | 12.6M | 14.5M | 16.8M | 16.1M | -- |
| Stockholders Equity | 12.6M | 14.5M | 16.8M | 16.1M | -- |
| Total Equity Gross Minority Interest | 12.8M | 14.8M | 16.8M | 16.1M | -- |
| Minority Interest | 201,457 | 229,060 | 0.00 | -- | 0.00 |
| Total Capitalization | 12.6M | 14.5M | 16.8M | 24.5M | -- |
| Net Tangible Assets | 5.9M | 7.6M | 11.9M | 11.4M | -- |
| Tangible Book Value | 5.9M | 7.6M | 11.9M | 11.4M | -- |
| Working Capital | 6.3M | 7.8M | 9.9M | 17.1M | -- |
| Invested Capital | 12.7M | 14.6M | 17.3M | 24.9M | -- |
| Total Debt | 1.4M | 1.5M | 2.1M | 9.7M | -- |
| Net Debt | -- | -- | -- | 8.5M | 10.1M |
| Share Issued | 26.6M | 26.6M | 26.5M | 26.5M | -- |
| Ordinary Shares Number | 26.6M | 26.6M | 26.5M | 26.5M | -- |
| Assets Held For Sale Current | -- | -- | 0.00 | 29.3M | 0.00 |
| Buildings And Improvements | 473,300 | 473,300 | 473,300 | 473,300 | -- |
| Capital Lease Obligations | 1.3M | 1.4M | 1.6M | 840,747 | -- |
| Current Capital Lease Obligation | 665,628 | 562,052 | 569,792 | 505,580 | -- |
| Current Deferred Liabilities | 2.9M | 2.4M | 2.1M | 2.3M | -- |
| Current Notes Payable | -- | -- | -- | 0.00 | 155,000 |
| Derivative Product Liabilities | -- | -- | -- | 0.00 | 3.8M |
| Employee Benefits | 1.4M | 1.2M | 0.00 | -- | -- |
| Finished Goods | 1.0M | 1.1M | 929,375 | 936,246 | -- |
| Income Tax Payable | 253,888 | 1,466 | 0.00 | -- | -- |
| Leases | 855,363 | 817,782 | 723,044 | 737,145 | -- |
| Line Of Credit | -- | 0.00 | 500,000 | -- | -- |
| Loans Receivable | -- | -- | 55,625 | 56,500 | 56,750 |
| Machinery Furniture Equipment | 1.9M | 1.7M | 1.6M | 1.5M | -- |
| Non Current Accounts Receivable | 3,086 | 4,164 | 4,355 | 13,359 | -- |
| Non Current Deferred Assets | 292,569 | 435,632 | 719,878 | 1.2M | -- |
| Non Current Deferred Liabilities | 141,689 | 143,957 | 332,024 | 250,415 | -- |
| Non Current Deferred Taxes Assets | 292,569 | 435,632 | 719,878 | 1.2M | -- |
| Non Current Deferred Taxes Liabilities | 141,689 | 143,957 | 332,024 | 250,415 | -- |
| Non Current Note Receivables | -- | 0.00 | 264,183 | 350,000 | 400,000 |
| Other Current Borrowings | 102,498 | 89,670 | 500,000 | 443,379 | -- |
| Other Equity Interest | -- | -370,752 | -- | -- | -- |
| Other Properties | 2.8M | 2.2M | 1.8M | 1.7M | -- |
| Other Receivables | 843,429 | 1.5M | 1.7M | 962,207 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Receivables Adjustments Allowances | -183,456 | -232,050 | -160,716 | -115,958 | -- |
| Total Tax Payable | 253,888 | 1,466 | 0.00 | -- | -- |
| Tradeand Other Payables Non Current | 596,921 | 606,486 | 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 | 336,031 | -763,709 | -3.8M | 1.8M | -- |
| Cash Flow From Continuing Operating Activities | 336,031 | -763,709 | -851,758 | -248,178 | -- |
| Depreciation And Amortization | 1.7M | 1.4M | 1.1M | 1.2M | -- |
| Depreciation Amortization Depletion | 1.7M | 1.4M | 1.1M | 1.2M | -- |
| Stock Based Compensation | 136,767 | 55,191 | 653,929 | 130,758 | -- |
| Deferred Tax | 140,796 | 96,179 | 593,927 | 60,766 | -- |
| Deferred Income Tax | 140,796 | 96,179 | 593,927 | 60,766 | -- |
| Change In Working Capital | 273,451 | -22,421 | -3.8M | 2.5M | -- |
| Changes In Account Receivables | -33,988 | -1.0M | -1.9M | -696,206 | -- |
| Change In Receivables | 276,325 | -832,655 | -1.8M | -721,691 | -- |
| Change In Inventory | 72,101 | -173,875 | 7,353 | 373,218 | -- |
| Change In Payables And Accrued Expense | -940,687 | 1.1M | -1.9M | 3.4M | -- |
| Change In Payable | -940,687 | 1.1M | -1.9M | 3.4M | -- |
| Change In Other Working Capital | 699,677 | 248,849 | -112,531 | -433,543 | -- |
| Other Non Cash Items | 233,360 | 167,353 | 556,856 | 736,431 | -- |
| Capital Expenditure | -874,610 | -272,492 | -954,826 | -61,296 | -- |
| Purchase Of PPE | -349,662 | -272,492 | -379,826 | -61,296 | -- |
| Net PPE Purchase And Sale | -148,141 | -194,972 | -70,407 | -17,281 | -- |
| Purchase Of Business | 0.00 | -1.7M | 0.00 | 0.00 | -- |
| Sale Of Business | -- | 0.00 | 23.7M | 0.00 | 1.9M |
| Investing Cash Flow | -673,089 | -1.9M | 23.0M | -801,209 | -- |
| Cash Flow From Continuing Investing Activities | -673,089 | -1.9M | 23.1M | -76,869 | -- |
| Issuance Of Debt | 0.00 | 500,000 | 500,000 | 13.5M | -- |
| Repayment Of Debt | -699,823 | -1.7M | -9.7M | -11.9M | -- |
| Net Issuance Payments Of Debt | -699,823 | -1.2M | -9.2M | 1.6M | -- |
| Financing Cash Flow | -914,876 | -1.4M | -9.5M | -177,645 | -- |
| Cash Flow From Continuing Financing Activities | -914,876 | -1.4M | -9.4M | 724,132 | -- |
| Effect Of Exchange Rate Changes | -55,485 | -2,019 | 0.00 | -- | -- |
| Changes In Cash | -1.3M | -4.1M | 9.8M | 846,090 | -- |
| Beginning Cash Position | 6.0M | 10.1M | 354,082 | 1.6M | -- |
| End Cash Position | 4.7M | 6.0M | 10.1M | 354,082 | -- |
| Free Cash Flow | -538,579 | -1.0M | -4.7M | 1.8M | -- |
| Interest Paid Supplemental Data | -- | -- | -- | 1.2M | 1.3M |
| Amortization Cash Flow | 645,089 | 557,153 | 392,551 | 354,217 | -- |
| Amortization Of Intangibles | 645,089 | 557,153 | 392,551 | 354,217 | -- |
| Asset Impairment Charge | -- | -- | -- | -- | 0.00 |
| Capital Expenditure Reported | -524,948 | 0.00 | -- | -- | -950,887 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Cash From Discontinued Financing Activities | -- | 0.00 | -71,471 | -901,777 | -902,497 |
| Cash From Discontinued Investing Activities | -- | 0.00 | -37,305 | -724,340 | -762,556 |
| Cash From Discontinued Operating Activities | -- | 0.00 | -2.9M | 2.1M | 3.2M |
| Change In Account Payable | -940,687 | 1.1M | -1.9M | 3.4M | -- |
| Change In Income Tax Payable | -- | 1,466 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 166,035 | -382,440 | 58,009 | -128,410 | -- |
| Change In Tax Payable | -- | 1,466 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.0M | 863,185 | 706,571 | 869,537 | -- |
| Dividends Received Cfi | -- | -- | -- | -- | 0.00 |
| Gain Loss On Investment Securities | -- | 587,431 | -- | -471,017 | 2.1M |
| Gain Loss On Sale Of PPE | -57,455 | -80,096 | 0.00 | -- | 0.00 |
| Interest Paid Cff | -219,453 | -228,874 | -212,898 | -462,278 | -- |
| Long Term Debt Issuance | -- | 500,000 | 500,000 | 13.5M | 18.2M |
| Long Term Debt Payments | -699,823 | -665,902 | -9.7M | -11.7M | -- |
| Net Business Purchase And Sale | 0.00 | -1.7M | 23.7M | 0.00 | -- |
| Net Income From Continuing Operations | -2.1M | -2.4M | 32,310 | -4.4M | -- |
| Net Intangibles Purchase And Sale | -- | 0.00 | -575,000 | 0.00 | -- |
| Net Long Term Debt Issuance | -699,823 | -665,902 | -9.2M | 1.8M | -- |
| Net Other Financing Charges | -- | -- | -- | -452,417 | -- |
| Net Other Investing Changes | -- | -34,781 | -28,444 | -59,588 | -- |
| Net Short Term Debt Issuance | 0.00 | -500,000 | 0.00 | -155,000 | -- |
| Operating Gains Losses | -57,455 | -80,096 | -- | -471,017 | 2.1M |
| Other Cash Adjustment Outside Changein Cash | -- | -- | 0.00 | -2.1M | 0.00 |
| Proceeds From Stock Option Exercised | 4,400 | 0.00 | -- | -- | -- |
| Purchase Of Intangibles | -- | 0.00 | -575,000 | 0.00 | -- |
| Sale Of PPE | 201,521 | 77,520 | 309,419 | 44,015 | -- |
| Short Term Debt Issuance | 0.00 | 500,000 | -- | -- | -- |
| Short Term Debt Payments | 0.00 | -1.0M | 0.00 | -155,000 | -- |
| Unrealized Gain Loss On Investment Securities | -- | -- | -- | 0.00 | 47,200 |