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CARV Quote, Financials, Valuation and Earnings

Last price:
$1.20
Seasonality move :
2.63%
Day range:
$1.18 - $1.24
52-week range:
$1.07 - $3.85
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.17x
P/B ratio:
1.20x
Volume:
44.4K
Avg. volume:
62.2K
1-year change:
-36.56%
Market cap:
$6.2M
Revenue:
$37.3M
EPS (TTM):
-$2.48
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $26M $28.1M $30.9M $37.7M $37.3M
Revenue Growth (YoY) 2.52% 8.17% 9.69% 22.16% -1.07%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $1.2M -- -- -- --
Operating Expenses $4.4M $2.9M $4.8M $6M $13.8M
Operating Income -$4.4M -$2.9M -$4.8M -$6M -$13.8M
 
Net Interest Expenses $650K $509K $1.2M $2.4M $2.1M
EBT. Incl. Unusual Items -$3.9M -$847K -$4.4M -$3M -$13.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$3.9M -$847K -$4.4M -$3M -$13.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$3.9M -$847K -$4.4M -$3M -$13.7M
 
Basic EPS (Cont. Ops) -$1.14 -$0.24 -$1.03 -$0.61 -$2.65
Diluted EPS (Cont. Ops) -$1.14 -$0.24 -$1.03 -$0.61 -$2.65
Weighted Average Basic Share $3.4M $3.6M $4.3M $4.8M $5.2M
Weighted Average Diluted Share $3.4M $3.6M $4.3M $4.8M $5.2M
 
EBITDA -- -- -- -- --
EBIT $524K $1.6M $510K $8.5M $1.4M
 
Revenue (Reported) $26M $28.1M $30.9M $37.7M $37.3M
Operating Income (Reported) -$4.4M -$2.9M -$4.8M -$6M -$13.8M
Operating Income (Adjusted) $524K $1.6M $510K $8.5M $1.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $7M $7.7M $8.9M $10.4M $9.8M
Revenue Growth (YoY) 8.5% 9.52% 16.04% 17.09% -5.71%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $802K $1.1M $1.9M $2.1M $2.4M
Operating Income -$802K -$1.1M -$1.9M -$2.1M -$2.4M
 
Net Interest Expenses $120K $395K $600K $598K $288K
EBT. Incl. Unusual Items $1.1M -$955K -$1.6M -$2.1M -$2.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company $1.1M -$955K -$1.6M -$2.1M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $1.1M -$955K -$1.6M -$2.1M -$2.4M
 
Basic EPS (Cont. Ops) $0.31 -$0.22 -$0.33 -$0.41 -$0.46
Diluted EPS (Cont. Ops) $0.20 -$0.22 -$0.33 -$0.41 -$0.46
Weighted Average Basic Share $3.5M $4.3M $4.8M $5.1M $5.3M
Weighted Average Diluted Share $5.5M $4.3M $4.8M $5.1M $5.3M
 
EBITDA -- -- -- -- --
EBIT $1.6M $267K $1M $1.7M $1M
 
Revenue (Reported) $7M $7.7M $8.9M $10.4M $9.8M
Operating Income (Reported) -$802K -$1.1M -$1.9M -$2.1M -$2.4M
Operating Income (Adjusted) $1.6M $267K $1M $1.7M $1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $27M $28.9M $33.5M $40.5M $37.4M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $331K -- -- -- --
Operating Expenses $5.8M $1.4M $6.2M $6.5M $13M
Operating Income -$5.8M -$1.4M -$6.2M -$6.5M -$13M
 
Net Interest Expenses $592K $780K $1.8M $2.4M $1.5M
EBT. Incl. Unusual Items -$3.9M -$987K -$5.6M -$4.3M -$13M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$3.9M -$987K -$5.6M -$4.3M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$3.9M -$1.2M -$5.6M -$4.3M -$13M
 
Basic EPS (Cont. Ops) -$1.24 -$0.27 -$1.25 -$0.84 -$2.48
Diluted EPS (Cont. Ops) -$1.36 -$0.27 -$1.25 -$0.84 -$2.48
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT -$736K $2M $2.4M $9.8M $1.6M
 
Revenue (Reported) $27M $28.9M $33.5M $40.5M $37.4M
Operating Income (Reported) -$5.8M -$1.4M -$6.2M -$6.5M -$13M
Operating Income (Adjusted) -$736K $2M $2.4M $9.8M $1.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $14M $14.7M $17.4M $20.2M $20.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $3.6M $2M $3.3M $4.4M $3.6M
Operating Income -$3.6M -$2M -$3.3M -$4.4M -$3.6M
 
Net Interest Expenses $272K $543K $1.2M $1.2M $565K
EBT. Incl. Unusual Items -$1.7M -$1.8M -$3M -$4.3M -$3.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.7M -$1.8M -$3M -$4.3M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$1.7M -$1.8M -$3M -$4.3M -$3.6M
 
Basic EPS (Cont. Ops) -$0.50 -$0.43 -$0.65 -$0.84 -$0.68
Diluted EPS (Cont. Ops) -$0.62 -$0.43 -$0.65 -$0.84 -$0.68
Weighted Average Basic Share $6.9M $8.5M $9.3M $10.3M $10.6M
Weighted Average Diluted Share $8.9M $8.5M $9.3M $10.3M $10.6M
 
EBITDA -- -- -- -- --
EBIT -$441K -$31K $1.9M $3.2M $3.4M
 
Revenue (Reported) $14M $14.7M $17.4M $20.2M $20.3M
Operating Income (Reported) -$3.6M -$2M -$3.3M -$4.4M -$3.6M
Operating Income (Adjusted) -$441K -$31K $1.9M $3.2M $3.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $75.3M $60.8M $42.3M $58.5M $49.8M
Short Term Investments $86.5M $67.6M $53.8M $48M $43.7M
Accounts Receivable, Net $2.6M $2.4M $1.9M $3.5M $2.8M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $78.3M $63.5M $44.5M $62.7M $53.3M
 
Property Plant And Equipment $20M $17.4M $15.5M $12.4M $10.3M
Long-Term Investments $1.8M $1.9M $8.6M $9.4M $7.8M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $676.7M $735.3M $723.2M $756.8M $730M
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $250.4M $318.2M $262.8M $489.5M $532.2M
 
Long-Term Debt $50.5M $27.7M $61.3M $26.4M $24.4M
Capital Leases -- -- -- -- --
Total Liabilities $624.4M $680.2M $678M $714.5M $700.4M
 
Common Stock $58K $67K $68K $77K $78K
Other Common Equity Adj -- -- -- -- --
Common Equity $26.5M $29.2M $19.8M $20.6M $7.8M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $52.3M $55.1M $45.2M $42.3M $29.6M
 
Total Liabilities and Equity $676.7M $735.3M $723.2M $756.8M $730M
Cash and Short Terms $162.1M $128.6M $96.4M $107.1M $94M
Total Debt $50.6M $27.7M $61.3M $54.4M $26.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $78.9M $95.3M $51.9M $54M $40.2M
Short Term Investments $79.9M $55M $47.6M $48.1M --
Accounts Receivable, Net $2.6M $1.8M $2.1M $4.9M --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $81.8M $97.4M $54.3M $59.5M $43.9M
 
Property Plant And Equipment $19.1M $17M $13.9M $11.8M $8.9M
Long-Term Investments $1.9M $8.9M $8.5M $9.2M $8.6M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $706.9M $755.7M $742.8M $748.8M $697.9M
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $345.1M $370.8M $330M $303.4M $300.6M
 
Long-Term Debt $35.7M $68.9M $57M $47M $33.7M
Capital Leases -- -- -- -- --
Total Liabilities $650.7M $709.5M $703.1M $708.9M $671M
 
Common Stock $61K $68K $75K $77K $78K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity $4M -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $56.2M $46.2M $39.7M $39.9M $26.9M
 
Total Liabilities and Equity $706.9M $755.7M $742.8M $748.8M $697.9M
Cash and Short Terms $159M $150.6M $99.8M $102.7M --
Total Debt $35.7M $69M $57M $47M $33.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$3.9M -$847K -$4.4M -$3M -$13.7M
Depreciation & Amoritzation $1M $1M $1.1M $965K $813K
Stock-Based Compensation $36K $122K $91K $220K $66K
Change in Accounts Receivable -$588K $226K $503K -$1.8M $682K
Change in Inventories -- -- -- -- --
Cash From Operations $2.2M $7.2M -$10.5M -$6.6M -$12.6M
 
Capital Expenditures $256K $192K $5.2M $360K $331K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$77M -$79.1M -$15.3M -$20.1M $15.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $2.5M $35M $5.5M $1.8M
Long-Term Debt Repaid -- -$23.7M -$3K -$10M -$28M
Repurchase of Common Stock $2.5M -- -- -- --
Other Financing Activities $2.5M -- -- -- --
Cash From Financing $102.8M $57.4M $7.3M $43.1M -$11.2M
 
Beginning Cash (CF) $47.5M $75.6M $61M $42.6M $59M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $28.1M -$14.6M -$18.5M $16.5M -$8.7M
Ending Cash (CF) $75.6M $61M $42.6M $59M $50.3M
 
Levered Free Cash Flow $2M $7M -$15.7M -$6.9M -$12.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $1.1M -$955K -$1.6M -$2.1M --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $72K -- $44K -- --
Change in Accounts Receivable -$20K $476K -$97K -$1.2M --
Change in Inventories -- -- -- -- --
Cash From Operations -$423K $4.9M -$5.3M -$3M -$1.6M
 
Capital Expenditures $36K $5.1M $99K $106K $116K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$25.6M -$20.8M -$18M $8.9M $12.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $1M $30M $5.5M -- --
Long-Term Debt Repaid -$13.6M -- -$10M -$10M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $26.4M $68.1M $33.8M $2.4M -$13.7M
 
Beginning Cash (CF) $78.7M $43.4M $41.7M $46.3M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $403K $52.2M $10.5M $8.2M -$3.1M
Ending Cash (CF) $79.1M $95.5M $52.2M $54.5M --
 
Levered Free Cash Flow -$459K -$164K -$5.4M -$3.1M -$1.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$3.9M -$987K -$5.6M -$4.3M --
Depreciation & Amoritzation $1M $1M $1.1M $881K --
Stock-Based Compensation $100K $44K $290K $28K $52K
Change in Accounts Receivable -$34K $755K -$234K -$2.8M --
Change in Inventories -- -- -- -- --
Cash From Operations -$2.5M $2M -$7.7M -$4.9M -$9M
 
Capital Expenditures $245K $5.2M $267K $455K $355K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$47M -$46M -$31.3M -$4.9M $31M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -$25.8M $40M $527K $1.8M --
Long-Term Debt Repaid -- -$5.6M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $57.8M $60.5M -$4.4M $12.2M -$35.7M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $8.2M $16.4M -$43.4M $2.4M -$13.8M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$2.8M -$3.2M -$7.9M -$5.4M -$9.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$1.7M -$1.8M -$3M -$4.3M --
Depreciation & Amoritzation $259K $260K $260K $226K $179K
Stock-Based Compensation $98K $20K $219K $27K $13K
Change in Accounts Receivable $41K $570K -$167K -$1.2M --
Change in Inventories -- -- -- -- --
Cash From Operations -$4.7M -$9.9M -$7M -$5.4M -$1.8M
 
Capital Expenditures $134K $5.1M $165K $260K $284K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$26.9M $6.1M -$9.9M $5.3M $21.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $2.5M $40M $5.5M $1.8M --
Long-Term Debt Repaid -$18.2M -$3K -$10M -$10M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $35.2M $38.3M $26.6M -$4.4M -$28.9M
 
Beginning Cash (CF) $154.3M $104.4M $84.2M $105.4M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $3.5M $34.5M $9.6M -$4.5M -$9.6M
Ending Cash (CF) $157.9M $138.9M $93.9M $100.9M --
 
Levered Free Cash Flow -$4.8M -$15M -$7.2M -$5.6M -$2.1M

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