Financhill
Sell
30

FENC Quote, Financials, Valuation and Earnings

Last price:
$7.85
Seasonality move :
21.55%
Day range:
$7.60 - $7.83
52-week range:
$4.68 - $9.92
Dividend yield:
0%
P/E ratio:
139.25x
P/S ratio:
5.45x
P/B ratio:
82.39x
Volume:
140.5K
Avg. volume:
176.8K
1-year change:
28.38%
Market cap:
$260.9M
Revenue:
$47.5M
EPS (TTM):
-$0.24
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $170K -- $1.5M $21.3M $47.5M
Revenue Growth (YoY) -- -100% -- 1284.5% 123.69%
 
Cost of Revenues -- -- $86K $1.3M $3.2M
Gross Profit -- -- $1.4M $20M $44.4M
Gross Profit Margin -- -- 94.4% 94.08% 93.3%
 
R&D Expenses $5.1M $5M $3.5M $56K $307K
Selling, General & Admin $13M $12.2M $20.5M $32.7M $41.5M
Other Inc / (Exp) $100K -$35K -$193K -$34K -$163K
Operating Expenses $17.9M $17.2M $24M $32.8M $41.8M
Operating Income -$17.9M -$17.2M -$22.6M -$12.8M $2.6M
 
Net Interest Expenses -- $126K $1.1M $3.7M $4.2M
EBT. Incl. Unusual Items -$18.1M -$17.3M -$23.7M -$16M -$71K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $365K
Net Income to Company -$18.1M -$17.3M -$23.7M -$16M -$436K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$18.1M -$17.3M -$23.7M -$16M -$436K
 
Basic EPS (Cont. Ops) -$0.76 -$0.67 -$0.90 -$0.60 -$0.02
Diluted EPS (Cont. Ops) -$0.76 -$0.67 -$0.90 -$0.60 -$0.02
Weighted Average Basic Share $23.7M $26M $26.3M $26.6M $27.3M
Weighted Average Diluted Share $23.7M $26M $26.3M $26.6M $27.3M
 
EBITDA -$17.9M -$17.2M -$22.6M -$12.8M $2.6M
EBIT -$17.9M -$17.2M -$22.6M -$12.8M $2.6M
 
Revenue (Reported) $170K -- $1.5M $21.3M $47.5M
Operating Income (Reported) -$17.9M -$17.2M -$22.6M -$12.8M $2.6M
Operating Income (Adjusted) -$17.9M -$17.2M -$22.6M -$12.8M $2.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- $6.5M $7M $12.5M
Revenue Growth (YoY) -- -- -- 7.05% 78.69%
 
Cost of Revenues -- $64K $331K $1.4M $660K
Gross Profit -- -$64K $6.2M $5.6M $11.8M
Gross Profit Margin -- -- 94.92% 80.54% 94.7%
 
R&D Expenses $1.2M $846K $12K $97K $29K
Selling, General & Admin $2.9M $7.1M $7.2M $10.7M $12M
Other Inc / (Exp) $38K -$31K -$24K -$3K --
Operating Expenses $4.2M $7.9M $7.2M $10.8M $12M
Operating Income -$4.2M -$8M -$1M -$5.2M -$189K
 
Net Interest Expenses $55K $119K $928K $1M $598K
EBT. Incl. Unusual Items -$4.2M -$8.1M -$1.9M -$5.7M -$638K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$4.2M -$8M -$1.9M -$5.7M -$633.6K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$4.2M -$8.1M -$1.9M -$5.7M -$638K
 
Basic EPS (Cont. Ops) -$0.16 -$0.31 -$0.07 -$0.21 -$0.02
Diluted EPS (Cont. Ops) -$0.16 -$0.31 -$0.07 -$0.21 -$0.02
Weighted Average Basic Share $26M $26.1M $26.6M $27.4M $27.9M
Weighted Average Diluted Share $26M $26.1M $26.6M $27.4M $27.9M
 
EBITDA -$4.2M -$7.9M -$1M -$5.2M -$189K
EBIT -$4.2M -$8M -$1M -$5.2M -$189K
 
Revenue (Reported) -- -- $6.5M $7M $12.5M
Operating Income (Reported) -$4.2M -$8M -$1M -$5.2M -$189K
Operating Income (Adjusted) -$4.2M -$8M -$1M -$5.2M -$189K
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $170K -- $13.1M $49.3M $38.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $79K $660K $3.2M $2.7M
Gross Profit -- -$79K $12.4M $46.1M $36.1M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $5.7M $3.9M $141K $289K $280K
Selling, General & Admin $10.9M $16.7M $29.3M $44.2M $40.5M
Other Inc / (Exp) $236K -$295K -$101K -$63K --
Operating Expenses $16.4M $20.7M $29.5M $44.5M $40.8M
Operating Income -$16.4M -$20.7M -$17.1M $1.7M -$4.7M
 
Net Interest Expenses $64K $234K $3.5M $4.2M $2.8M
EBT. Incl. Unusual Items -$16.2M -$21.3M -$20.2M -$1.1M -$6.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$16.2M -$21.2M -$20.2M -$980.3K -$7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$16.2M -$21.3M -$20.2M -$1.1M -$6.6M
 
Basic EPS (Cont. Ops) -$0.62 -$0.82 -$0.76 -$0.04 -$0.24
Diluted EPS (Cont. Ops) -$0.62 -$0.82 -$0.76 -$0.10 -$0.24
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$16.4M -$20.7M -$17.1M $1.7M -$4.7M
EBIT -$16.4M -$20.7M -$17.1M $1.7M -$4.7M
 
Revenue (Reported) $170K -- $13.1M $49.3M $38.8M
Operating Income (Reported) -$16.4M -$20.7M -$17.1M $1.7M -$4.7M
Operating Income (Adjusted) -$16.4M -$20.7M -$17.1M $1.7M -$4.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- $11.5M $39.6M $30.9M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $79K $574K $2.5M $2M
Gross Profit -- -$79K $10.9M $37.1M $28.9M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $4.5M $3.4M $24K $257K $230K
Selling, General & Admin $8.6M $13M $21.9M $33.3M $32.4M
Other Inc / (Exp) $132K -$132K -$40K -$69K $12K
Operating Expenses $13M $16.5M $21.9M $33.6M $32.6M
Operating Income -$13M -$16.5M -$11M $3.5M -$3.7M
 
Net Interest Expenses $64K $234K $2.7M $3.2M $1.8M
EBT. Incl. Unusual Items -$12.9M -$16.9M -$13.4M $1.5M -$5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$12.9M -$16.8M -$13.4M $1.7M -$5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$12.9M -$16.9M -$13.4M $1.5M -$5M
 
Basic EPS (Cont. Ops) -$0.50 -$0.65 -$0.50 $0.06 -$0.18
Diluted EPS (Cont. Ops) -$0.50 -$0.65 -$0.50 -- -$0.18
Weighted Average Basic Share $78M $78.2M $79.6M $81.7M $83.1M
Weighted Average Diluted Share $78M $78.2M $79.6M $85.8M $83.1M
 
EBITDA -$13M -$16.5M -$11M $3.5M -$3.7M
EBIT -$13M -$16.5M -$11M $3.5M -$3.7M
 
Revenue (Reported) -- -- $11.5M $39.6M $30.9M
Operating Income (Reported) -$13M -$16.5M -$11M $3.5M -$3.7M
Operating Income (Adjusted) -$13M -$16.5M -$11M $3.5M -$3.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $30.3M $21.1M $23.8M $13.3M $26.6M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- $1.5M $8.8M $12.9M
Inventory -- -- $576K $2.2M $1.1M
Prepaid Expenses $797K $1M $770K $2.6M $3.1M
Other Current Assets $276K $253K $63K $44K $466K
Total Current Assets $31.4M $22.4M $26.7M $26.9M $44.1M
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- $6K $822K
Total Assets $31.4M $22.4M $26.9M $26.9M $44.9M
 
Accounts Payable -- -- $2.4M $3.8M $3.2M
Accrued Expenses $776K $877K $2.2M $3.8M $3.4M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- $21K $2K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $2.3M $1.7M $4.6M $7.6M $6.9M
 
Long-Term Debt -- $5M $24.6M $29.7M $18.1M
Capital Leases -- -- -- -- --
Total Liabilities $2.3M $6.6M $29.5M $38.5M $50.8M
 
Common Stock $140.7M $140.8M $142.6M $144.3M $145.6M
Other Common Equity Adj $1.2M $1.2M $1.2M $1.2M $1.2M
Common Equity $29.1M $15.8M -$2.6M -$11.6M -$5.9M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $29.1M $15.8M -$2.6M -$11.6M -$5.9M
 
Total Liabilities and Equity $31.4M $22.4M $26.9M $26.9M $44.9M
Cash and Short Terms $30.3M $21.1M $23.8M $13.3M $26.6M
Total Debt -- $5M $24.6M $29.7M $18.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $24.3M $29.8M $12.4M $40.3M $21.9M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- $4.5M $12.9M $19.3M
Inventory -- -- $1.8M $1.1M $2.5M
Prepaid Expenses $1.2M $278K $247K $3.1M $1.4M
Other Current Assets $412K $123K $20K $546K --
Total Current Assets $26M $30.2M $18.9M $58M $46.1M
 
Property Plant And Equipment -- -- $29K -- --
Long-Term Investments -- -- -- -- $2.5M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- $956K --
Total Assets $26M $30.4M $19M $58.9M $49.3M
 
Accounts Payable -- -- $2.9M $3.9M $5.9M
Accrued Expenses $860K $394K $951K $3.3M --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $21K $7K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $2M $2.9M $3.9M $7.4M $9.8M
 
Long-Term Debt $5M $24.7M $24.7M $29.8M $18.1M
Capital Leases -- -- -- -- --
Total Liabilities $7M $27.6M $29.6M $64.1M $53.8M
 
Common Stock $140.8M $141.3M $143.6M $145.4M $147.7M
Other Common Equity Adj $1.2M $1.2M $1.2M $1.2M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $19M $2.8M -$10.5M -$5.2M -$4.5M
 
Total Liabilities and Equity $26M $30.4M $19M $58.9M $49.3M
Cash and Short Terms $24.3M $29.8M $12.4M $40.3M $21.9M
Total Debt $5M $24.7M $24.7M $29.8M $18.1M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$18.1M -$17.3M -$23.7M -$16M -$436K
Depreciation & Amoritzation -- -- -- -- $800K
Stock-Based Compensation $2.9M $4M $4.2M $5.4M $5.1M
Change in Accounts Receivable -- -- -$1.5M -$7.3M -$7.9M
Change in Inventories -- -- -$576K -$1.6M $579K
Cash From Operations -$15.6M -$14.2M -$18.1M -$17.1M $27M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $5M $24.9M $5M --
Long-Term Debt Repaid -- -- -$5M -- -$13M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$140K -$55K -$131K -$75K -$1.9M
Cash From Financing $32.3M $5M $20.7M $6.6M -$13.6M
 
Beginning Cash (CF) $30.3M $21.1M $23.8M $13.3M $26.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $16.7M -$9.2M $2.7M -$10.5M $13.4M
Ending Cash (CF) $47M $11.9M $26.4M $2.8M $40M
 
Levered Free Cash Flow -$15.6M -$14.2M -$18.1M -$17.1M $27M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$4.2M -$8M -$1.9M -$5.7M -$633.6K
Depreciation & Amoritzation -- $63K -- $25K --
Stock-Based Compensation $924.5K $1.9M $866.2K $1.8M $2.2M
Change in Accounts Receivable -- -- -$2.1M -$4.2M -$3.5M
Change in Inventories -- -- -$316.7K $500K -$276.7K
Cash From Operations -$3M -$5M -$2.8M -$2.2M $1.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $25M -- -- --
Long-Term Debt Repaid -- -$5M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$341K -$14K -$58K --
Cash From Financing $29.9K $19.5M $201.4K -$526K $1.8M
 
Beginning Cash (CF) $24.3M $29.8M $12.4M $40.3M $21.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$3M $14.5M -$2.6M -$2.7M $3.3M
Ending Cash (CF) $21.4M $44.3M $9.8M $37.6M $25.3M
 
Levered Free Cash Flow -$3M -$5M -$2.8M -$2.2M $1.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$16.2M -$21.2M -$20.2M -$980.3K -$7M
Depreciation & Amoritzation -- -- -- $774K --
Stock-Based Compensation $3.5M $4.5M $5.4M $4.8M $5.6M
Change in Accounts Receivable -- -- -$4.5M -$11.9M -$9.2M
Change in Inventories -- -- -$1.8M $113.5K -$1.4M
Cash From Operations -$14.3M -$14.4M -$19M $24M -$8.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- $149K -$1.9M --
Cash From Financing $5.3M $19.6M $2M $4.3M -$10.1M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$9M $5.1M -$17M $28.2M -$18.6M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$14.3M -$14.4M -$19M $24M -$8.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$12.9M -$16.8M -$13.4M $1.7M -$5M
Depreciation & Amoritzation -- $78K -- $774K $26K
Stock-Based Compensation $2.9M $3.3M $4.5M $3.9M $4.6M
Change in Accounts Receivable -- -- -$3M -$7.7M -$9.1M
Change in Inventories -- -- -$1.2M $513.2K -$1.4M
Cash From Operations -$11M -$11.2M -$12.3M $28.8M -$6.6M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $5M $25M -- -- --
Long-Term Debt Repaid -- -$5M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$56K -$341K -$61K -$1.9M -$12K
Cash From Financing $5.1M $19.6M $909.5K -$1.4M $1.9M
 
Beginning Cash (CF) $78.4M $62.9M $45.7M $134.6M $63.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$5.9M $8.3M -$11.4M $27.4M -$4.8M
Ending Cash (CF) $72.4M $71.3M $34.4M $162M $58.6M
 
Levered Free Cash Flow -$11M -$11.2M -$12.3M $28.8M -$6.6M

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