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SRFM Quote, Financials, Valuation and Earnings

Last price:
$2.47
Seasonality move :
17.28%
Day range:
$2.33 - $2.53
52-week range:
$1.77 - $9.91
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.52x
P/B ratio:
--
Volume:
3.9M
Avg. volume:
2.9M
1-year change:
-41.47%
Market cap:
$145.4M
Revenue:
$119.4M
EPS (TTM):
-$3.00
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $7.5M $11.8M $20.3M $60.5M $119.4M
Revenue Growth (YoY) -- 57.31% 71.84% 198.44% 97.38%
 
Cost of Revenues $11M $15.5M $25.9M $65.7M $118.3M
Gross Profit -$3.5M -$3.7M -$5.6M -$5.2M $1.2M
Gross Profit Margin -47.03% -31.78% -27.51% -8.55% 0.96%
 
R&D Expenses $2.2M $3M $3.3M $20.9M $24M
Selling, General & Admin $15.1M $26.6M $42M $110.7M $37.4M
Other Inc / (Exp) -$1.1M -$294K -$22.9M -$114.3M -$6.3M
Operating Expenses $17.2M $29.6M $45.3M $131.5M $61.4M
Operating Income -$20.8M -$33.4M -$50.9M -$136.7M -$60.3M
 
Net Interest Expenses $1.6M $2.1M $596K $3M $8.6M
EBT. Incl. Unusual Items -$23.4M -$35.8M -$74.4M -$254M -$75.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -$3.3M -$287K
Net Income to Company -$23.4M -$35.8M -$74.4M -$250.7M -$74.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$23.4M -$35.8M -$74.4M -$250.7M -$74.9M
 
Basic EPS (Cont. Ops) -$2.35 -$3.58 -$7.45 -$23.04 -$5.80
Diluted EPS (Cont. Ops) -$2.35 -$3.58 -$7.45 -$23.04 -$5.80
Weighted Average Basic Share $10M $10M $10M $10.9M $12.9M
Weighted Average Diluted Share $10M $10M $10M $10.9M $12.9M
 
EBITDA -$17.9M -$32.3M -$49.9M -$133M -$51.9M
EBIT -$20.8M -$33.4M -$50.9M -$136.7M -$60.3M
 
Revenue (Reported) $7.5M $11.8M $20.3M $60.5M $119.4M
Operating Income (Reported) -$20.8M -$33.4M -$50.9M -$136.7M -$60.3M
Operating Income (Adjusted) -$20.8M -$33.4M -$50.9M -$136.7M -$60.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- $5.1M $22M $28.4M $29.2M
Revenue Growth (YoY) -- -- 355.94% 29.22% 2.77%
 
Cost of Revenues -- $6.5M $22M $29.6M $30.1M
Gross Profit -- -$1.4M $1K -$1.2M -$913K
Gross Profit Margin -- -27.35% 0.01% -4.34% -3.13%
 
R&D Expenses -- $730K $2.9M $5.7M $2.3M
Selling, General & Admin -- $9M $60.1M $1.7M $13.3M
Other Inc / (Exp) -- -$10M -$14.2M -$1.5M --
Operating Expenses -- $9.7M $63M $7.4M $15.6M
Operating Income -- -$11.1M -$63M -$8.6M -$16.5M
 
Net Interest Expenses -- $4K $935K $2.1M $3.3M
EBT. Incl. Unusual Items -- -$21.1M -$78.2M -$12.2M -$27.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$3.6M -$14K -$62K
Net Income to Company -- -- -$74.6M -$12.2M -$27.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$21.1M -$74.6M -$12.2M -$27.2M
 
Basic EPS (Cont. Ops) -- -$2.12 -$7.11 -$0.94 -$0.64
Diluted EPS (Cont. Ops) -- -$2.12 -$7.11 -$0.94 -$0.64
Weighted Average Basic Share -- $10M $10.5M $13M $42.4M
Weighted Average Diluted Share -- $10M $10.5M $13M $42.4M
 
EBITDA -- -$10.9M -$61.7M -$6.5M -$14.1M
EBIT -- -$11.1M -$63M -$8.6M -$16.5M
 
Revenue (Reported) -- $5.1M $22M $28.4M $29.2M
Operating Income (Reported) -- -$11.1M -$63M -$8.6M -$16.5M
Operating Income (Adjusted) -- -$11.1M -$63M -$8.6M -$16.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- $38.8M $118.2M $108.2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $42.7M $119.4M $111.8M
Gross Profit -- -$2.1M -$3.9M -$1.2M -$3.7M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $5.2M $34.7M $13.4M
Selling, General & Admin -- $18.7M $90.2M $81M $25.8M
Other Inc / (Exp) -- -$14.6M -$61.7M -$63.1M --
Operating Expenses -- -- $95.4M $115.7M $53.3M
Operating Income -- -- -$99.3M -$116.9M -$57M
 
Net Interest Expenses -- $364K $1.6M $7M $13.9M
EBT. Incl. Unusual Items -- -$31.8M -$164.4M -$187M -$72.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$3.6M $172K -$371K
Net Income to Company -- -- -$163.5M -$187.2M -$72.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$160.8M -$187.2M -$72.4M
 
Basic EPS (Cont. Ops) -- -- -$15.74 -$16.80 -$3.00
Diluted EPS (Cont. Ops) -- -$3.18 -$15.74 -$16.80 -$3.00
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -$97.2M -$108.8M -$33.7M
EBIT -- -- -$99.3M -$116.9M -$42.9M
 
Revenue (Reported) -- -- $38.8M $118.2M $108.2M
Operating Income (Reported) -- -- -$99.3M -$116.9M -$57M
Operating Income (Adjusted) -- -- -$99.3M -$116.9M -$42.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- $9.9M $33.7M $91.4M $80.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $12M $36.2M $89.9M $83.4M
Gross Profit -- -$2.1M -$2.5M $1.5M -$3.3M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $1.5M $4.5M $18.4M $7.7M
Selling, General & Admin -- $18.7M $81.2M $51.5M $39.9M
Other Inc / (Exp) -- -$14.6M -$53.4M -$2.2M $3.9M
Operating Expenses -- $20.2M $85.7M $69.9M $47.7M
Operating Income -- -$22.3M -$88.2M -$68.4M -$51M
 
Net Interest Expenses -- $364K $1.6M $5.7M $10.9M
EBT. Incl. Unusual Items -- -$31.8M -$143.3M -$76.3M -$73.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$3.6M -$95K -$179K
Net Income to Company -- -$10.6M -$139.7M -$76.2M -$73.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$31.8M -$139.7M -$76.2M -$73.7M
 
Basic EPS (Cont. Ops) -- -$3.18 -$13.63 -$6.60 -$3.07
Diluted EPS (Cont. Ops) -- -$3.18 -$13.63 -$6.60 -$3.07
Weighted Average Basic Share -- $27M $30.5M $35.7M $80.2M
Weighted Average Diluted Share -- $27M $30.5M $35.7M $80.2M
 
EBITDA -- -$21.8M -$86.4M -$62.2M -$44M
EBIT -- -$22.3M -$88.2M -$68.4M -$51M
 
Revenue (Reported) -- $9.9M $33.7M $91.4M $80.1M
Operating Income (Reported) -- -$22.3M -$88.2M -$68.4M -$51M
Operating Income (Adjusted) -- -$22.3M -$88.2M -$68.4M -$51M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $7.4M $719K $6K $1.7M $21.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $161K $15K $161K $5M $4.3M
Inventory -- -- -- -- --
Prepaid Expenses -- -- $60K $9.4M $7.8M
Other Current Assets $813K $1.2M $7.7M $2.8M $2.4M
Total Current Assets $8.4M $1.9M $7.9M $17.7M $33.9M
 
Property Plant And Equipment $600K $703K $1.8M $60.2M $60.4M
Long-Term Investments $115K $855K $906K $711K $568K
Goodwill -- -- -- -- --
Other Intangibles $2.5M $1.9M $3M $28.5M $25M
Other Long-Term Assets $238K $3M $1M $3M $2.2M
Total Assets $11.7M $7.6M $13.7M $111M $124.1M
 
Accounts Payable $8.8M $14M $12.9M $18.9M $18M
Accrued Expenses $6.6M $8.1M $6.8M $18.7M $16M
Current Portion Of Long-Term Debt $8.7M $11.3M $15.9M $15.9M $8.4M
Current Portion Of Capital Lease Obligations -- -- $903K $4.3M $4.4M
Other Current Liabilities $37K $19K $149K $25K $13K
Total Current Liabilities $43.6M $55.6M $57.4M $140.1M $89.6M
 
Long-Term Debt $397K $408K $38M $28.9M $130.2M
Capital Leases -- -- -- -- --
Total Liabilities $49.7M $61.9M $105.1M $188.5M $244.1M
 
Common Stock $154K $186K $279K $8K $2K
Other Common Equity Adj $641K -- -- -- --
Common Equity -$144.8M -$176.3M -$225.5M -$77.5M -$120M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$38M -$54.3M -$91.4M -$77.5M -$120M
 
Total Liabilities and Equity $11.7M $7.6M $13.7M $111M $124.1M
Cash and Short Terms $7.4M $719K $6K $1.7M $21.1M
Total Debt $20.5M $23.6M $59M $65.8M $133M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents -- -- $5.9M $506K $7.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- $3.9M $4.4M $5M
Inventory -- -- -- -- --
Prepaid Expenses -- -- $16.7M $7.5M $8.2M
Other Current Assets -- -- $18.2M $1.8M --
Total Current Assets -- -- $28M $14.2M $22M
 
Property Plant And Equipment -- -- $63.8M $54M $58.1M
Long-Term Investments -- -- $909K $616K $55K
Goodwill -- -- $58.2M -- --
Other Intangibles -- -- $34.6M $24M --
Other Long-Term Assets -- -- $909K $5.7M --
Total Assets -- -- $185.5M $97.9M $106.8M
 
Accounts Payable -- -- $20M $26.8M $16.4M
Accrued Expenses -- -- $21.2M $18M --
Current Portion Of Long-Term Debt -- -- $5.9M $10.6M --
Current Portion Of Capital Lease Obligations -- -- $4.5M $4M --
Other Current Liabilities -- -- $27K $22K --
Total Current Liabilities -- -- $104.5M $133.1M $88.1M
 
Long-Term Debt -- -- $40.3M $79M $93.1M
Capital Leases -- -- -- -- --
Total Liabilities -- -- $157.2M $233.5M $199.3M
 
Common Stock -- -- $7K $1K $5K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- $1M -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -- $28.3M -$135.6M -$92.6M
 
Total Liabilities and Equity -- -- $185.5M $97.9M $106.8M
Cash and Short Terms -- -- $5.9M $506K $7.1M
Total Debt -- -- $57.7M $94M $97.6M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$23.4M -$35.8M -$74.4M -$250.7M -$74.9M
Depreciation & Amoritzation $2.8M $1.1M $1M $3.8M $8.3M
Stock-Based Compensation $6.2M $3.2M $12.5M $48.3M -$6M
Change in Accounts Receivable $143K $287K -$146K -$262K $708K
Change in Inventories -- -- -- -- --
Cash From Operations -$8.7M -$23.9M -$28M -$64.4M -$54.3M
 
Capital Expenditures $297K $261K $298K $7.8M $14.1M
Cash Acquisitions $599K -- -- -- --
Cash From Investing $302K -$261K -$298K -$7.1M -$3.6M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $1M $3.5M $26.2M $34.2M $81.5M
Long-Term Debt Repaid -$200K -- -$5K -$1.6M -$6.8M
Repurchase of Common Stock -- -- -- $1.3M --
Other Financing Activities -- -- -- $10.2M $2.4M
Cash From Financing $14.2M $18.3M $27.7M $73M $77.2M
 
Beginning Cash (CF) $7.4M $719K $6K $1.7M $21.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $5.7M -$5.9M -$662K $1.5M $19.2M
Ending Cash (CF) $13.1M -$5.2M -$656K $3.2M $40.4M
 
Levered Free Cash Flow -$9M -$24.2M -$28.3M -$72.1M -$68.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -$74.6M -$12.2M -$27.2M
Depreciation & Amoritzation -- -- $1.4M $2.1M $2.4M
Stock-Based Compensation -- -- $32.6M -$5.4M $2.3M
Change in Accounts Receivable -- -- $305K $127K $273K
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$24.5M -$12.3M -$19.3M
 
Capital Expenditures -- -- $11.5M $1.8M $2.3M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$10.8M -$1.8M -$2.3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $875K $8M $13M --
Long-Term Debt Repaid -- -- -$768K $118K --
Repurchase of Common Stock -- -- $1.3M -- --
Other Financing Activities -- -- $4.5M $83K --
Cash From Financing -- -- $38.9M $13.2M $1.2M
 
Beginning Cash (CF) -- $6.7M $5.9M $506K $7.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- $3.6M -$952K -$20.4M
Ending Cash (CF) -- $1.6M $9.6M -$446K -$13.4M
 
Levered Free Cash Flow -- -- -$36M -$14.2M -$21.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -$163.5M -$187.2M -$72.4M
Depreciation & Amoritzation -- -- $2.1M $8M $9.2M
Stock-Based Compensation -- $10.4M $37.4M $27.5M -$12.7M
Change in Accounts Receivable -- -- $312K -$56K -$675K
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$50.7M -$50M -$69.4M
 
Capital Expenditures -- $57K $11.8M $442K $15.6M
Cash Acquisitions -- -- $678K -- --
Cash From Investing -- -- -$11.2M -$442K -$2.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- $33.2M $38.5M --
Long-Term Debt Repaid -- -- -$808K -$3.4M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- $9.6M --
Cash From Financing -- -- $67.2M $44.8M $77.8M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- $5.2M -$5.7M $6M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -$62.6M -$50.5M -$85M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -$10.6M -$139.7M -$76.2M -$73.7M
Depreciation & Amoritzation -- $257K $1.9M $6.2M $7M
Stock-Based Compensation -- $4.7M $35.4M $14.6M $8M
Change in Accounts Receivable -- -$80K $399K $605K -$778K
Change in Inventories -- -- -- -- --
Cash From Operations -- -$5.9M -$45.1M -$30.7M -$45.8M
 
Capital Expenditures -- $57K $11.8M $4.5M $6M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$57K -$11.1M -$4.5M -$3.3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $21.2M $28.2M $32.5M $1.2M
Long-Term Debt Repaid -- -- -$803K -$2.5M -$657K
Repurchase of Common Stock -- -- $1.3M -- --
Other Financing Activities -- -- $4.5M $3.9M --
Cash From Financing -- $5.7M $62.1M $33.9M $34.5M
 
Beginning Cash (CF) -- $9.7M $8.4M $3.2M $36.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$233K $5.9M -$1.3M -$14.6M
Ending Cash (CF) -- $9.7M $14.3M $1.9M $21.7M
 
Levered Free Cash Flow -- -$5.9M -$56.9M -$35.2M -$51.8M

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