Financhill
Buy
86

XNET Quote, Financials, Valuation and Earnings

Last price:
$7.39
Seasonality move :
12.23%
Day range:
$7.24 - $7.45
52-week range:
$1.90 - $11.03
Dividend yield:
0%
P/E ratio:
0.37x
P/S ratio:
1.15x
P/B ratio:
0.29x
Volume:
174.2K
Avg. volume:
437K
1-year change:
268.58%
Market cap:
$460.9M
Revenue:
$323.3M
EPS (TTM):
$19.97
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $186.4M $239.6M $342.7M $364.6M $323.3M
Revenue Growth (YoY) 3.16% 27.63% 43.04% 6.37% -11.32%
 
Cost of Revenues $92.6M $123.2M $202.4M $205.4M $160M
Gross Profit $93.7M $116.4M $140.3M $159.2M $163.3M
Gross Profit Margin 50.29% 48.59% 40.93% 43.66% 50.51%
 
R&D Expenses $55.5M $61.4M $67.2M $73.8M $71.4M
Selling, General & Admin $52M $61.4M $64.5M $90.4M $90.7M
Other Inc / (Exp) $1.1M $654K $9.9M $13.7M -$12.6M
Operating Expenses $108.9M $119.9M $129M $160M $158.2M
Operating Income -$15.1M -$3.5M $11.3M -$772K $5M
 
Net Interest Expenses -- $95K $93K $1.5M $728.4K
EBT. Incl. Unusual Items -$13M $984.3K $25.4M $18.4M -$2.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.1M -$125K $4.1M $4.1M -$3M
Net Income to Company -$14.1M $1.1M $21.3M $14.3M $663.3K
 
Minority Interest in Earnings $300K -$83K -$116K $41K -$552.3K
Net Income to Common Excl Extra Items -$13.8M $1.1M $21.3M $14.3M $663.3K
 
Basic EPS (Cont. Ops) -$0.21 $0.02 $0.32 $0.22 $0.02
Diluted EPS (Cont. Ops) -$0.21 $0.02 $0.32 $0.22 $0.02
Weighted Average Basic Share $67.5M $66.9M $67.2M $65.3M $63.8M
Weighted Average Diluted Share $67.5M $67.2M $67.2M $65.4M $63.8M
 
EBITDA $1.6M $5.9M $15.1M $5.3M $12M
EBIT -$12.6M -$3.5M $11.3M -$772K $5M
 
Revenue (Reported) $186.4M $239.6M $342.7M $364.6M $323.3M
Operating Income (Reported) -$15.1M -$3.5M $11.3M -$772K $5M
Operating Income (Adjusted) -$12.6M -$3.5M $11.3M -$772K $5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $59.8M $88.1M $83.9M $79.8M $126.1M
Revenue Growth (YoY) 36.84% 47.31% -4.68% -4.9% 57.94%
 
Cost of Revenues $30.4M $52.8M $46.4M $39.4M $65.5M
Gross Profit $29.3M $35.2M $37.5M $40.5M $60.6M
Gross Profit Margin 49.09% 39.99% 44.72% 50.68% 48.08%
 
R&D Expenses $16.8M $16.2M $19.5M $17.7M $21M
Selling, General & Admin $18.2M $14M $20.6M $23M $36.8M
Other Inc / (Exp) $539K $4.7M $7.4M $4.7M --
Operating Expenses $35M $30.2M $40.1M $40.6M $57.9M
Operating Income -$5.7M $5.1M -$2.5M -$174K $2.7M
 
Net Interest Expenses $23K $24K $361K $165K $574.8K
EBT. Incl. Unusual Items -$5M $10.1M $5.6M $5.8M $551.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $122K $1.8M $1.3M $1.3M $469.6K
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$26K -$3K -$30K -$219K -$202.3K
Net Income to Common Excl Extra Items -$5.1M $8.3M $4.4M $4.4M $550.8M
 
Basic EPS (Cont. Ops) -$0.08 $0.12 $0.07 $0.07 $8.80
Diluted EPS (Cont. Ops) -$0.08 $0.12 $0.07 $0.07 $8.61
Weighted Average Basic Share $67M $67.5M $65.6M $63.5M $62.6M
Weighted Average Diluted Share $67M $67.5M $65.7M $63.6M $64M
 
EBITDA -$5M $10.2M $6M $5.9M --
EBIT -$5.7M $5.1M -$2.5M -$174K $2.7M
 
Revenue (Reported) $59.8M $88.1M $83.9M $79.8M $126.1M
Operating Income (Reported) -$5.7M $5.1M -$2.5M -$174K $2.7M
Operating Income (Adjusted) -$5.7M $5.1M -$2.5M -$174K $2.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $218.1M $315.7M $383.5M $316M $402.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $104.3M $178.6M $222.9M $151.9M $202.7M
Gross Profit $113.8M $137.1M $160.6M $164.1M $199.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $57.3M $65M $73.9M $72.4M $76.9M
Selling, General & Admin $54.4M $63.8M $87.9M $87.3M $120.2M
Other Inc / (Exp) $3.8M $13.5M $10.3M $7.7M --
Operating Expenses $112.3M $129.1M $161.1M $159.9M $197.4M
Operating Income $1.5M $7.9M -$521K $4.1M $2.2M
 
Net Interest Expenses $477K $93K $1.2M $889K $1.3M
EBT. Incl. Unusual Items $5.9M $23M $16.3M $19.5M $1.3B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$369K $3.8M $4.2M $5.2M -$10.3M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$65K -$88K -$29K -$443K -$631.8K
Net Income to Common Excl Extra Items $6.3M $19.3M $12.1M $14.3M $1.3B
 
Basic EPS (Cont. Ops) $0.09 $0.29 $0.19 $0.23 $20.32
Diluted EPS (Cont. Ops) $0.09 $0.29 $0.19 $0.23 $19.97
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $6.4M $23.2M $17.6M $20.3M --
EBIT $1.5M $7.9M -$521K $4.1M $2.2M
 
Revenue (Reported) $218.1M $315.7M $383.5M $316M $402.3M
Operating Income (Reported) $1.5M $7.9M -$521K $4.1M $2.2M
Operating Income (Adjusted) $1.5M $7.9M -$521K $4.1M $2.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $167.9M $244.9M $286.9M $239.2M $318.6M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $81M $141M $163.9M $115.2M $162.4M
Gross Profit $86.9M $103.8M $123M $124M $156.2M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $45.3M $48.4M $54.7M $52.9M $58.3M
Selling, General & Admin $43.7M $46.1M $69.4M $66.3M $95.7M
Other Inc / (Exp) $3.2M $13.2M $13.6M $7.6M $1.3M
Operating Expenses $89M $94.2M $123.9M $119.2M $154.2M
Operating Income -$2.1M $9.7M -$925K $4.8M $2M
 
Net Interest Expenses $23K $70K $1.2M $589K $1.1M
EBT. Incl. Unusual Items $1.5M $23.5M $14.5M $15.6M $1.3B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$152K $3.8M $4M $5.1M -$2.2M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -$58K $29K -$455K -$535.2K
Net Income to Common Excl Extra Items $1.6M $19.8M $10.5M $10.5M $1.3B
 
Basic EPS (Cont. Ops) $0.03 $0.29 $0.16 $0.17 $20.48
Diluted EPS (Cont. Ops) $0.03 $0.29 $0.16 $0.17 $20.12
Weighted Average Basic Share $200.8M $202.8M $195.9M $192.3M $186.3M
Weighted Average Diluted Share $202.5M $202.9M $196.4M $192.5M $188.5M
 
EBITDA $1.5M $23.7M $15.8M $16.2M $419K
EBIT $814K $9.7M -$925K $4.8M $2M
 
Revenue (Reported) $167.9M $244.9M $286.9M $239.2M $318.6M
Operating Income (Reported) -$2.1M $9.7M -$925K $4.8M $2M
Operating Income (Adjusted) $814K $9.7M -$925K $4.8M $2M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $137.2M $239M $260.8M $271.9M $287.5M
Short Term Investments $117.8M $115.7M $83.6M $101.1M $110.2M
Accounts Receivable, Net $23M $26.1M $29.8M $31.2M $32.7M
Inventory $1.7M $3.5M $4.5M $5.3M $4M
Prepaid Expenses $8.4M $9M -- $4.6M $5.3M
Other Current Assets $1.2M $3.9M $8.3M $5.7M $3M
Total Current Assets $302.3M $293.9M $332.2M $327.4M $363M
 
Property Plant And Equipment $52.7M $57.7M $62.6M $60.6M $55.9M
Long-Term Investments $26.7M $56.4M $40M $53.4M $33M
Goodwill $22.6M $23.1M $21.2M $20.8M --
Other Intangibles $8.9M $8.3M $6.5M $5.7M $8.3M
Other Long-Term Assets $1.5M $4.1M $7.7M -- $218K
Total Assets $415.6M $440.7M $463.3M $468.7M $473.9M
 
Accounts Payable $20.6M $26.4M $25.4M $24.4M $23M
Accrued Expenses $19.3M $24.5M $28.1M $27.1M $26.7M
Current Portion Of Long-Term Debt -- $2.9M $7M $6.9M $2.1M
Current Portion Of Capital Lease Obligations $2M $18K $283K $276K $253K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $103.3M $119.9M $128.3M $128.1M $126.7M
 
Long-Term Debt $19.9M $17.3M $25M $15.8M $27.3M
Capital Leases -- -- -- -- --
Total Liabilities $125.2M $138.9M $154.9M $145.2M $156.1M
 
Common Stock $84K $84K $81K $81K $77K
Other Common Equity Adj $3.3M $8.2M -$7.6M -$10.8M -$13M
Common Equity $292.2M $303.6M $309.9M $324.9M $318.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -$1.8M -$1.9M -$1.5M -$1.4M -$271K
Total Equity $290.4M $301.8M $308.4M $323.5M $317.8M
 
Total Liabilities and Equity $415.6M $440.7M $463.3M $468.7M $473.9M
Cash and Short Terms $255.1M $239M $260.8M $271.9M $287.5M
Total Debt $19.9M $17.3M $32.1M $22.7M $29.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $228.3M $251.7M $264.7M $272M $284.1M
Short Term Investments $136.5M $140.5M $134.4M $138.6M --
Accounts Receivable, Net $30.1M $29.1M $28.8M $32.2M $53.9M
Inventory $573K $540K $2.4M $1.5M $872K
Prepaid Expenses -- -- -- -- --
Other Current Assets $13.2M $6.7M $9.3M $10.8M --
Total Current Assets $287.3M $319.4M $317.9M $348.4M $365.7M
 
Property Plant And Equipment $57.2M $57.6M $60M $58.3M $56.2M
Long-Term Investments $27.8M $34.4M $39.5M $31.3M $1.3B
Goodwill $22.7M $20.8M $20.5M $21.1M --
Other Intangibles $8.1M $6.7M $6M $9M --
Other Long-Term Assets $1M $6.2M $9.3M $3.7M --
Total Assets $423.5M $441.4M $465.7M $472M $1.8B
 
Accounts Payable $27.3M $25.5M $25.2M $24.9M $34M
Accrued Expenses $40.9M $35.9M $46.8M $47.5M --
Current Portion Of Long-Term Debt -- $8.1M $14.7M $71K --
Current Portion Of Capital Lease Obligations $100K -- $503K $162K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $107.2M $112.3M $129M $119.3M $181.3M
 
Long-Term Debt $17.7M $24.2M $17.5M $14.4M $41.6M
Capital Leases -- -- -- -- --
Total Liabilities $126.5M $138M $147.7M $135.2M $234.1M
 
Common Stock $84K $83K $82K $79K $78K
Other Common Equity Adj $4.6M -$12.5M -$13.9M -$8.1M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -$1.8M -$1.4M -$1.4M -$227K -$830K
Total Equity $297M $303.5M $318M $336.8M $1.6B
 
Total Liabilities and Equity $423.5M $441.4M $465.7M $472M $1.8B
Cash and Short Terms $228.3M $251.7M $264.7M $272M $284.1M
Total Debt $17.8M $32.3M $32.2M $14.5M $70M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$14.1M $1.1M $21.3M $14.3M $663.3K
Depreciation & Amoritzation $14.2M $9.4M $3.8M $6.1M $6.9M
Stock-Based Compensation $2.3M $6.2M $8.2M $9.7M $2.5M
Change in Accounts Receivable $5M -$2.2M -$6M -$2M -$2M
Change in Inventories $643K -$36K $851K -$1.8M $925.5K
Cash From Operations -$13.9M $19.5M $51.1M $25.7M $31M
 
Capital Expenditures $13.6M $13.3M $15M $4.5M $8.4M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$20.8M -$32.6M $11.8M -$23.9M -$21.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $7.8M $2.2M $16.7M $4.3M $33.4M
Long-Term Debt Repaid -$662K -$2.4M -$3.3M -$13.1M -$26.6M
Repurchase of Common Stock -$4.5M -- $6.7M $4.7M $7.7M
Other Financing Activities -- -- $76K -- --
Cash From Financing $2.7M -$223K $6.6M -$13.5M -$925.5K
 
Beginning Cash (CF) $165.4M $123.4M $177.2M $170.8M $177.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$32M -$11.4M $57.4M -$14M $6.7M
Ending Cash (CF) $138.8M $114M $222.4M $154.5M $182.7M
 
Levered Free Cash Flow -$27.5M $6.2M $36.1M $21.2M $22.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
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 -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) $91.8M $111.2M $130.3M $133.4M $129.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2010-12-31 2011-12-31 2012-12-31 2013-12-31 2014-12-31
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- $328K $1.1M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- $4.2M $12.9M
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 -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
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 -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) $91.8M $374.5M $389.8M $390.4M $463.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --

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