NASDAQ : FIEE
FiEE, Inc. — Financial statements
Technology · Communication Equipment · Hong Kong
Last price 2.84 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 24.22M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
FiEE, Inc. (FIEE) reported revenue of 13.10M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 13.10M | 6.19M | 639.89K | 26.11M | 50.62M | 55.42M |
| Cost of Revenue | 2.37M | 840.02K | 432.63K | 25.64M | 38.70M | 36.50M |
| Gross Profit | 10.72M | 5.35M | 207.26K | 470.89K | 11.93M | 18.92M |
| Selling, General & Admin | 5.02M | 3.76M | 2.13M | 14.23M | 21.15M | 18.64M |
| Research & Development | 75.81K | 47.42K | 113.29K | 3.45M | 5.82M | 6.16M |
| Operating Expenses | 5.09M | 3.80M | 2.24M | 17.68M | 26.97M | 24.80M |
| Operating Income | 5.63M | 1.55M | -2.03M | -17.21M | -15.05M | -5.88M |
| Interest Expense | -3.53K | -8.95K | -385.95K | -394.62K | -270.41K | |
| Interest & Investment Income | 97.00 | 82.00 | 2.55K | 457.00 | 44.17K | |
| Currency Exchange Gain (Loss) | 14.37K | -14.31K | ||||
| Other Non Operating Income (Expenses) | 27.03K | -1.32K | 2.30K | 89.00 | ||
| EBT Excluding Unusual Items | 5.67M | 1.53M | -2.03M | -17.59M | -15.44M | -6.11M |
| Gain (Loss) on Sale of Assets | -6.61K | -6.61K | 3.96M | |||
| Other Unusual Items | -2.20M | 20.00K | ||||
| Pretax Income | 5.66M | 1.52M | -4.24M | -17.59M | -15.44M | -2.13M |
| Income Tax Expense | 1.11M | 448.20K | -11.22K | 42.62K | 112.35K | 63.77K |
| Net Income | 4.55M | 1.07M | -4.22M | -17.63M | -15.55M | -2.20M |
| Preferred Dividends & Other Adjustments | 1.09M | 391.12K | ||||
| Net Income to Common | 3.46M | 681.31K | -4.22M | -17.63M | -15.55M | -2.20M |
| Shares Outstanding (Basic) | 7.18M | 5.62M | 3.16M | 2.04M | 1.86M | 1.59M |
| Shares Outstanding (Diluted) | 9.79M | 7.08M | 3.16M | 2.04M | 1.86M | 1.59M |
| EPS (Basic) | 0.48 | 0.12 | -1.34 | -8.65 | -8.38 | -1.38 |
| EPS (Diluted) | 0.36 | 0.10 | -1.34 | -8.65 | -8.38 | -1.50 |
| Free Cash Flow | 2.86M | 3.45M | -3.77M | 4.69M | -12.45M | -14.87M |
| Free Cash Flow Per Share | 0.29 | 0.49 | -1.19 | 2.30 | -6.71 | -9.35 |
| Gross Margin | 81.86% | 86.44% | 32.39% | 1.80% | 23.56% | 34.13% |
| Operating Margin | 42.98% | 25.03% | -317.97% | -65.91% | -29.72% | -10.62% |
| Profit Margin | 26.43% | 11.00% | -660.15% | -67.55% | -30.72% | -3.97% |
| Free Cash Flow Margin | 21.83% | 55.71% | -589.48% | 17.95% | -24.59% | -26.82% |
| EBITDA | 5.78M | 1.71M | -1.72M | -16.59M | -14.21M | -4.93M |
| EBITDA Margin | 44.14% | 27.61% | -268.79% | -63.57% | -28.07% | -8.89% |
| D&A For EBITDA | 152.24K | 159.43K | 314.67K | 612.14K | 837.23K | 957.49K |
| EBIT | 5.63M | 1.55M | -2.03M | -17.21M | -15.05M | -5.88M |
| EBIT Margin | 42.98% | 25.03% | -65.91% | -29.72% | -10.62% | |
| Effective Tax Rate | 19.65% | 29.48% | ||||
| Advertising Expenses | 2.00M | 4.00M | 2.80M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.44M | 3.08M | 30.16K | 709.32K | 530.11K | 12.57M |
| Cash & Short-Term Investments | 5.44M | 3.08M | 30.16K | 709.32K | 530.11K | 12.57M |
| Accounts Receivable | 5.13M | 2.11M | 701.38K | 2.76M | 4.88M | |
| Other Receivables | 1.22M | |||||
| Receivables | 5.13M | 3.33M | 701.38K | 2.76M | 4.88M | |
| Inventory | 9.95M | 25.42M | 33.89M | |||
| Prepaid Expenses | 235.84K | 53.02K | 119.76K | 35.77K | 360.74K | 587.88K |
| Restricted Cash | 500.00K | 500.00K | ||||
| Other Current Assets | 138.11K | 146.29K | 15.00K | |||
| Total Current Assets | 10.94M | 6.61M | 164.92K | 11.40M | 29.56M | 52.43M |
| Property, Plant & Equipment | 860.48K | 397.44K | 119.87K | 455.02K | 810.45K | 1.00M |
| Goodwill | 24.99K | 58.87K | ||||
| Other Intangible Assets | 2.89M | 3.53M | 33.25K | 73.30K | 262.70K | |
| Long-Term Deferred Charges | 268.25K | 150.00K | 472.59K | 511.80K | 544.74K | |
| Other Long-Term Assets | 73.56K | 81.68K | 22.25K | |||
| Total Assets | 15.09M | 10.77M | 307.04K | 12.36M | 30.96M | 54.30M |
| Accounts Payable | 821.90K | 511.21K | 143.41K | 11.14M | 2.84M | 12.46M |
| Accrued Expenses | 1.14M | 685.90K | 293.61K | 1.08M | 4.44M | 5.28M |
| Short-Term Debt | 5.76M | 5.07M | ||||
| Current Portion of Long-Term Debt | 34.24K | |||||
| Current Portion of Leases | 30.35K | 22.51K | 150.97K | 143.49K | ||
| Current Income Taxes Payable | 1.38M | 972.74K | ||||
| Current Unearned Revenue | 343.01K | 1.50M | 633.54K | 291.30K | ||
| Other Current Liabilities | 171.80K | 483.83K | ||||
| Total Current Liabilities | 3.86M | 4.18M | 437.03K | 12.24M | 13.82M | 23.27M |
| Long-Term Leases | 22.51K | 98.81K | ||||
| Long-Term Unearned Revenue | 771.74K | 443.45K | ||||
| Total Liabilities | 3.86M | 4.18M | 437.03K | 12.24M | 14.62M | 23.81M |
| Common Stock | 85.29K | 79.34K | 37.14K | 480.90K | 469.49K | 458.85K |
| Additional Paid-In Capital | 102.75M | 100.50M | 94.89M | 92.10M | 90.71M | 89.31M |
| Retained Earnings | -93.16M | -95.62M | -96.69M | -92.47M | -74.83M | -59.29M |
| Comprehensive Income & Other | -40.43K | -8.44K | 957.00 | |||
| Total Common Equity | 9.64M | 4.95M | -1.77M | 115.92K | 16.34M | 30.49M |
| Shareholders' Equity | 11.23M | 6.59M | -129.99K | 115.92K | 16.34M | 30.49M |
| Total Liabilities & Equity | 15.09M | 10.77M | 307.04K | 12.36M | 30.96M | 54.30M |
| Total Debt | 30.35K | 22.51K | 5.93M | 5.34M | ||
| Net Cash (Debt) | 5.44M | 3.05M | 30.16K | 686.81K | -5.40M | 7.23M |
| Net Cash Per Share | 0.55 | 0.43 | 0.01 | 0.34 | -2.91 | 4.55 |
| Filing Date Shares Outstanding | 8.53M | 7.93M | 4.91M | 2.63M | 1.89M | 1.84M |
| Total Common Shares Outstanding | 8.53M | 7.93M | 3.71M | 2.63M | 1.88M | 1.84M |
| Working Capital | 7.09M | 2.43M | -272.11K | -844.93K | 15.74M | 29.16M |
| Book Value Per Share | 1.13 | 0.62 | -0.48 | 0.04 | 8.70 | 16.61 |
| Tangible Book Value | 6.72M | 1.42M | -1.77M | 82.67K | 16.27M | 30.16M |
| Tangible Book Value Per Share | 0.79 | 0.18 | -0.48 | 0.03 | 8.66 | 16.44 |
| Machinery | 144.47K | 141.99K | 2.62M | 2.65M | 2.49M | 2.21M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 4.55M | 1.07M | -4.22M | -17.63M | -15.55M | -2.20M |
| Depreciation & Amortization | 213.41K | 209.35K | 337.18K | 763.11K | 1.01M | 1.10M |
| Other Amortization | 1.06M | 282.00K | 33.00K | 29.84K | 146.91K | 73.93K |
| Loss (Gain) From Sale of Assets | 6.61K | 6.61K | ||||
| Asset Writedown & Restructuring Costs | 126.29K | |||||
| Stock-Based Compensation | 432.40K | 122.67K | 897.16K | 279.39K | 1.17M | 996.94K |
| Provision & Write-off of Bad Debts | -312.98K | 174.65K | -98.49K | 63.22K | ||
| Other Operating Activities | 1.12M | 1.08M | 2.20M | 1.79M | 623.67K | |
| Change in Accounts Receivable | -5.62M | -588.91K | 1.01M | 1.88M | 2.22M | 4.26M |
| Change in Inventory | 404.30K | 15.46M | 6.69M | -18.03M | ||
| Change in Accounts Payable | 1.03M | 217.93K | -3.25M | 8.31M | -9.62M | 862.45K |
| Change in Unearned Revenue | -1.14M | 1.50M | -1.41M | 670.53K | 661.83K | |
| Change in Income Taxes | 856.54K | 446.67K | ||||
| Change in Other Net Operating Assets | 1.04M | -713.51K | -872.35K | -3.01M | -721.73K | -2.69M |
| Operating Cash Flow | 3.56M | 3.64M | -3.77M | 4.85M | -12.17M | -14.27M |
| Capital Expenditures | -696.26K | -186.09K | -162.27K | -276.67K | -593.12K | |
| Sale of Property, Plant & Equipment | 11.64K | |||||
| Cash Acquisitions | -3.81M | -4.69M | ||||
| Other Investing Activities | -219.59K | -418.35K | -88.71K | |||
| Investing Cash Flow | -4.51M | -4.87M | 11.64K | -381.87K | -695.02K | -681.83K |
| Short-Term Debt Issued | 1.00M | 5.17M | ||||
| Long-Term Debt Issued | 300.00K | |||||
| Total Debt Issued | 300.00K | 1.00M | 5.17M | |||
| Short-Term Debt Repaid | -4.79M | -377.81K | ||||
| Long-Term Debt Repaid | -34.24K | -2.47M | ||||
| Total Debt Repaid | -4.79M | -412.05K | -2.47M | |||
| Net Debt Issued (Repaid) | 300.00K | -4.79M | 587.95K | 2.70M | ||
| Issuance of Common Stock | 2.00M | 4.00M | 236.80K | 23.90M | ||
| Other Financing Activities | -82.60K | -142.80K | ||||
| Financing Cash Flow | 1.92M | 4.30M | 3.08M | -4.79M | 824.75K | 26.45M |
| Foreign Exchange Rate Adjustments | -33.84K | -8.92K | ||||
| Net Cash Flow | 931.63K | 3.05M | -679.16K | -320.79K | -12.04M | 11.50M |
| Free Cash Flow | 2.86M | 3.45M | -3.77M | 4.69M | -12.45M | -14.87M |
| Free Cash Flow Margin | 21.83% | 55.71% | -589.48% | 17.95% | -24.59% | -26.82% |
| Free Cash Flow Per Share | 0.29 | 0.49 | -1.19 | 2.30 | -6.71 | -9.35 |
| Levered Free Cash Flow | -177.99K | 1.71M | -1.23M | 12.57M | -6.89M | -16.40M |
| Unlevered Free Cash Flow | -325.78K | 1.72M | -1.23M | 12.78M | -6.72M | -16.27M |
| Cash Interest Paid | 238.33K | 394.62K | 270.41K | |||
| Cash Income Tax Paid | 271.72K | 11.12K | 42.62K | 88.35K | 63.77K | |
| Change in Working Capital | -3.83M | 859.89K | -2.70M | 21.24M | -760.99K | -14.93M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 24.31M | 20.21M | 782.67K | 5.19M | 8.76M | 57.32M |
| Enterprise Value | 18.87M | 16.30M | 1.95M | 8.43M | 13.38M | 45.62M |
| Last Close Price | 2.84 | 3.21 | 0.22 | 1.97 | 4.70 | 31.25 |
| PE Ratio | 7.94 | 29.66 | ||||
| Forward PE | 35.40 | 35.40 | 35.40 | 35.40 | 35.40 | |
| PS Ratio | 1.92 | 3.26 | 1.22 | 0.20 | 0.17 | 1.03 |
| PB Ratio | 2.51 | 3.07 | -6.02 | 44.74 | 0.54 | 1.88 |
| P/TBV Ratio | 3.74 | 14.23 | 62.74 | 0.54 | 1.90 | |
| P/FCF Ratio | 8.80 | 5.86 | 1.11 | |||
| P/OCF Ratio | 7.08 | 5.56 | 1.07 | |||
| EV/Sales Ratio | 1.51 | 2.63 | 3.05 | 0.32 | 0.26 | 0.82 |
| EV/EBITDA Ratio | 3.41 | 9.53 | ||||
| EV/EBIT Ratio | 3.50 | 10.51 | ||||
| EV/FCF Ratio | 6.90 | 4.72 | 1.80 | |||
| Debt / Equity Ratio | 0.01 | 0.19 | 0.36 | 0.17 | ||
| Debt / EBITDA Ratio | 0.02 | |||||
| Debt / FCF Ratio | 0.01 | 0.01 | ||||
| Net Debt / Equity Ratio | -0.48 | -0.46 | 0.23 | -5.92 | 0.33 | -0.24 |
| Net Debt / EBITDA Ratio | -0.94 | -1.79 | 0.02 | 0.04 | -0.38 | 1.47 |
| Net Debt / FCF Ratio | -1.90 | -0.89 | 0.01 | -0.15 | -0.43 | 0.49 |
| Asset Turnover | 1.18 | 1.12 | 0.10 | 1.21 | 1.19 | 1.32 |
| Inventory Turnover | 1.45 | 1.30 | 1.45 | |||
| Quick Ratio | 2.74 | 1.53 | 0.07 | 0.12 | 0.24 | 0.75 |
| Current Ratio | 2.84 | 1.58 | 0.38 | 0.93 | 2.14 | 2.25 |
| Return on Equity (ROE) | 64.22% | 33.20% | -214.26% | -66.41% | -11.49% | |
| Return on Assets (ROA) | 31.78% | 17.50% | -20.08% | -49.65% | -22.06% | -8.77% |
| Return on Invested Capital (ROIC) | 89.33% | 64.22% | -66.86% | -35.78% | ||
| Return on Capital Employed (ROCE) | 50.10% | 23.50% | 1,565.20% | -14,843.90% | -87.80% | -19.00% |
| Earnings Yield | 12.59% | 5.31% | -539.73% | -339.99% | -177.57% | -3.84% |
| FCF Yield | 11.36% | 17.07% | -481.94% | 90.37% | -142.14% | -25.93% |
| Buyback Yield / Dilution | -131.48% | -124.14% | -54.97% | -9.83% | -16.70% | -57.15% |