NASDAQ : GNSS
Genasys Inc. — Financial statements
Technology · Scientific & Technical Instruments · United States
Last price 1.69 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 76.97M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Genasys Inc. (GNSS) reported revenue of 56.89M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 56.89M | 40.76M | 24.01M | 46.66M | 54.03M | 47.00M |
| Cost of Revenue | 28.84M | 23.07M | 17.77M | 24.90M | 26.76M | 23.58M |
| Gross Profit | 28.06M | 17.69M | 6.24M | 21.76M | 27.28M | 23.43M |
| Selling, General & Admin | 24.73M | 25.66M | 27.26M | 24.62M | 22.64M | 17.42M |
| Research & Development | 7.80M | 8.11M | 9.64M | 8.13M | 7.01M | 4.92M |
| Operating Expenses | 32.53M | 33.77M | 36.91M | 32.75M | 29.64M | 22.34M |
| Operating Income | -4.48M | -16.08M | -30.67M | -10.99M | -2.37M | 1.08M |
| Interest Expense | -1.70M | -1.57M | -603.00K | |||
| Interest & Investment Income | 292.00K | 285.00K | 237.00K | 136.00K | ||
| Other Non Operating Income (Expenses) | 73.00K | -623.00K | -1.10M | -146.00K | 60.00K | 54.00K |
| EBT Excluding Unusual Items | -5.81M | -17.99M | -32.13M | -11.00M | -2.31M | 1.14M |
| Impairment of Goodwill | -13.16M | |||||
| Pretax Income | -5.81M | -17.99M | -32.13M | -11.00M | -15.47M | 1.14M |
| Income Tax Expense | 369.00K | 119.00K | -405.00K | 7.40M | 741.00K | 434.00K |
| Net Income | -6.18M | -18.11M | -31.73M | -18.40M | -16.21M | 704.00K |
| Net Income to Common | -6.18M | -18.11M | -31.73M | -18.40M | -16.21M | 704.00K |
| Shares Outstanding (Basic) | 45.29M | 45.06M | 44.32M | 36.94M | 36.50M | 34.41M |
| Shares Outstanding (Diluted) | 45.29M | 45.06M | 44.32M | 36.94M | 36.50M | 35.59M |
| EPS (Basic) | -0.14 | -0.40 | -0.72 | -0.50 | -0.44 | 0.02 |
| EPS (Diluted) | -0.14 | -0.40 | -0.72 | -0.50 | -0.44 | 0.02 |
| Free Cash Flow | -2.62M | -9.02M | -19.64M | -9.83M | 87.00K | 5.94M |
| Free Cash Flow Per Share | -0.06 | -0.20 | -0.44 | -0.27 | 0.00 | 0.17 |
| Gross Margin | 49.31% | 43.39% | 25.99% | 46.64% | 50.48% | 49.84% |
| Operating Margin | -7.87% | -39.45% | -127.73% | -23.54% | -4.38% | 2.31% |
| Profit Margin | -10.86% | -44.44% | -132.16% | -39.42% | -30.00% | 1.50% |
| Free Cash Flow Margin | -4.61% | -22.12% | -81.83% | -21.07% | 0.16% | 12.64% |
| EBITDA | -5.84M | -15.66M | -30.21M | -8.43M | 187.00K | 2.68M |
| EBITDA Margin | -10.26% | -38.41% | -125.84% | -18.06% | 0.35% | 5.70% |
| D&A For EBITDA | -1.36M | 424.00K | 454.00K | 2.56M | 2.56M | 1.60M |
| EBIT | -4.48M | -16.08M | -30.67M | -10.99M | -2.37M | 1.08M |
| EBIT Margin | -7.87% | -39.45% | -127.73% | -23.54% | -4.38% | 2.31% |
| Effective Tax Rate | 38.14% | |||||
| Revenue as Reported | 56.89M | 40.76M | 24.01M | 46.66M | 54.03M | 47.00M |
| Advertising Expenses | 90.00K | 454.00K | 512.00K | 677.00K | 193.00K |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.07M | 7.97M | 4.95M | 8.66M | 12.74M | 13.17M |
| Short-Term Investments | 70.00K | 7.95M | 1.48M | 6.40M | 5.69M | |
| Cash & Short-Term Investments | 3.07M | 8.04M | 12.89M | 10.15M | 19.13M | 18.85M |
| Accounts Receivable | 12.75M | 13.71M | 3.43M | 5.95M | 6.74M | 7.68M |
| Other Receivables | 988.00K | 727.00K | 585.00K | 384.00K | 1.81M | 213.00K |
| Receivables | 13.74M | 14.44M | 4.02M | 6.34M | 8.56M | 7.89M |
| Inventory | 17.53M | 15.42M | 7.32M | 6.80M | 6.47M | 7.41M |
| Prepaid Expenses | 634.00K | 755.00K | 1.14M | 553.00K | 228.00K | 240.00K |
| Restricted Cash | 95.00K | 758.00K | 100.00K | 279.00K | ||
| Other Current Assets | 1.37M | 643.00K | 685.00K | 613.00K | 1.07M | 805.00K |
| Total Current Assets | 36.34M | 39.30M | 26.14M | 25.21M | 35.56M | 35.48M |
| Property, Plant & Equipment | 2.63M | 3.54M | 4.40M | 5.44M | 6.30M | 6.62M |
| Long-Term Investments | 249.00K | 781.00K | 1.88M | |||
| Goodwill | 13.38M | 13.45M | 13.33M | 10.28M | 10.12M | 23.83M |
| Other Intangible Assets | 4.44M | 6.15M | 8.51M | 8.43M | 10.51M | 12.80M |
| Long-Term Deferred Tax Assets | 7.37M | 8.04M | ||||
| Other Long-Term Assets | 1.46M | 1.43M | 1.31M | 551.00K | 1.22M | 1.47M |
| Total Assets | 58.25M | 63.87M | 53.94M | 49.91M | 71.85M | 90.13M |
| Accounts Payable | 8.68M | 8.18M | 4.03M | 2.79M | 2.33M | 2.16M |
| Accrued Expenses | 5.54M | 3.04M | 3.30M | 3.13M | 5.37M | 4.14M |
| Current Portion of Long-Term Debt | 7.50M | 18.01M | 296.00K | |||
| Current Portion of Leases | 1.18M | 1.12M | 1.02M | 1.01M | 948.00K | 899.00K |
| Current Unearned Revenue | 20.08M | 23.93M | 5.25M | 3.47M | 6.55M | 9.82M |
| Other Current Liabilities | 157.00K | 145.00K | 481.00K | 868.00K | 159.00K | 146.00K |
| Total Current Liabilities | 47.58M | 54.44M | 14.09M | 11.26M | 15.37M | 17.47M |
| Long-Term Debt | 7.59M | 12.01M | ||||
| Long-Term Leases | 1.32M | 2.22M | 3.27M | 4.28M | 5.19M | 5.71M |
| Long-Term Unearned Revenue | 1.32M | 1.48M | 369.00K | 551.00K | 227.00K | 308.00K |
| Other Long-Term Liabilities | 1.76M | 3.57M | 6.64M | 680.00K | 687.00K | |
| Total Liabilities | 59.57M | 61.70M | 36.37M | 16.09M | 21.46M | 24.17M |
| Additional Paid-In Capital | 128.76M | 127.38M | 125.69M | 110.38M | 108.55M | 107.11M |
| Retained Earnings | -130.68M | -125.90M | -107.79M | -76.06M | -57.37M | -41.15M |
| Comprehensive Income & Other | 593.00K | 687.00K | -335.00K | -505.00K | -792.00K | 2.00K |
| Shareholders' Equity | -1.32M | 2.17M | 17.56M | 33.81M | 50.39M | 65.96M |
| Total Liabilities & Equity | 58.25M | 63.87M | 53.94M | 49.91M | 71.85M | 90.13M |
| Total Debt | 21.69M | 21.35M | 16.30M | 5.29M | 6.14M | 6.90M |
| Net Cash (Debt) | -18.62M | -13.31M | -3.16M | 4.86M | 13.78M | 13.82M |
| Net Cash Per Share | -0.41 | -0.30 | -0.07 | 0.13 | 0.38 | 0.39 |
| Filing Date Shares Outstanding | 45.54M | 45.19M | 44.93M | 44.03M | 36.70M | 36.48M |
| Total Common Shares Outstanding | 45.54M | 45.16M | 44.63M | 37.21M | 36.61M | 36.40M |
| Working Capital | -11.24M | -15.14M | 12.05M | 13.95M | 20.20M | 18.02M |
| Book Value Per Share | -0.03 | 0.05 | 0.39 | 0.91 | 1.38 | 1.81 |
| Tangible Book Value | -19.14M | -17.43M | -4.27M | 15.10M | 29.77M | 29.32M |
| Tangible Book Value Per Share | -0.42 | -0.39 | -0.10 | 0.41 | 0.81 | 0.81 |
| Machinery | 3.31M | 3.11M | 3.18M | 3.02M | 2.82M | 2.53M |
| Construction In Progress | 183.00K | 30.00K | 104.00K | |||
| Leasehold Improvements | 2.29M | 2.29M | 2.31M | 2.30M | 2.17M | 2.15M |
| Order Backlog | 100.30M | 21.70M | 36.00M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.18M | -18.11M | -31.73M | -18.40M | -16.21M | 704.00K |
| Depreciation & Amortization | -541.00K | 1.19M | 1.25M | 3.33M | 3.30M | 2.29M |
| Other Amortization | 4.06M | 2.35M | 2.48M | 8.00K | 19.00K | 11.00K |
| Loss (Gain) From Sale of Assets | 1.00K | 6.00K | 4.00K | |||
| Asset Writedown & Restructuring Costs | 13.16M | |||||
| Loss (Gain) From Sale of Investments | -1.00K | -41.00K | 110.00K | |||
| Stock-Based Compensation | 1.64M | 1.66M | 1.65M | 1.64M | 2.23M | 1.42M |
| Provision & Write-off of Bad Debts | 55.00K | |||||
| Other Operating Activities | 50.00K | -2.22M | 2.94M | 7.75M | 1.13M | 836.00K |
| Change in Accounts Receivable | -5.12M | -10.27M | 2.82M | 827.00K | 836.00K | -2.14M |
| Change in Inventory | -411.00K | -1.94M | -816.00K | -788.00K | 75.00K | -846.00K |
| Change in Accounts Payable | 882.00K | 4.11M | 2.23M | 425.00K | 199.00K | 600.00K |
| Change in Unearned Revenue | 14.76M | 18.06M | 840.00K | |||
| Change in Other Net Operating Assets | -14.68M | -5.90M | -1.67M | -4.39M | -4.33M | 3.27M |
| Operating Cash Flow | -2.54M | -8.76M | -19.45M | -9.59M | 468.00K | 6.15M |
| Capital Expenditures | -83.00K | -255.00K | -191.00K | -239.00K | -381.00K | -208.00K |
| Cash Acquisitions | -908.00K | -15.85M | ||||
| Investment in Securities | 122.00K | 8.16M | -6.80M | 5.78M | 292.00K | 502.00K |
| Other Investing Activities | -764.00K | |||||
| Investing Cash Flow | 39.00K | 7.90M | -8.67M | 5.54M | -89.00K | -15.55M |
| Long-Term Debt Issued | 4.00M | 13.70M | ||||
| Long-Term Debt Repaid | -277.00K | -18.00K | ||||
| Net Debt Issued (Repaid) | 300.00K | 4.00M | 13.70M | -277.00K | -18.00K | |
| Issuance of Common Stock | 152.00K | 49.00K | 10.45M | 138.00K | 282.00K | 210.00K |
| Repurchase of Common Stock | -7.00K | -18.00K | -55.00K | -252.00K | -1.07M | -141.00K |
| Other Financing Activities | -301.00K | -219.00K | -38.00K | |||
| Financing Cash Flow | 144.00K | 4.03M | 23.87M | -114.00K | -1.06M | 13.00K |
| Foreign Exchange Rate Adjustments | -11.00K | 93.00K | 18.00K | 29.00K | -185.00K | -77.00K |
| Net Cash Flow | -2.37M | 3.26M | -4.23M | -4.14M | -869.00K | -9.47M |
| Free Cash Flow | -2.62M | -9.02M | -19.64M | -9.83M | 87.00K | 5.94M |
| Free Cash Flow Margin | -4.61% | -22.12% | -81.83% | -21.07% | 0.16% | 12.64% |
| Free Cash Flow Per Share | -0.06 | -0.20 | -0.44 | -0.27 | 0.00 | 0.17 |
| Levered Free Cash Flow | -2.05M | -1.85M | -9.73M | -4.92M | 2.04M | 7.12M |
| Unlevered Free Cash Flow | -984.50K | -869.00K | -9.36M | -4.93M | 2.02M | 7.11M |
| Cash Interest Paid | 1.54M | 1.57M | 603.00K | |||
| Cash Income Tax Paid | 552.00K | 235.00K | 52.00K | |||
| Change in Working Capital | -4.57M | 4.06M | 3.41M | -3.93M | -3.22M | 884.00K |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 70.13M | 110.63M | 158.79M | 74.79M | 101.37M | 187.22M |
| Enterprise Value | 88.75M | 125.76M | 162.32M | 73.43M | 88.31M | 171.54M |
| Last Close Price | 1.54 | 2.45 | 3.56 | 2.01 | 2.77 | 5.18 |
| PE Ratio | 265.93 | |||||
| Forward PE | 21.01 | 61.25 | 142.57 | 142.57 | 142.57 | 97.19 |
| PS Ratio | 1.23 | 2.71 | 6.61 | 1.60 | 1.88 | 3.98 |
| PB Ratio | 51.05 | 9.04 | 2.21 | 2.01 | 2.84 | |
| P/TBV Ratio | 4.95 | 3.40 | 6.38 | |||
| P/FCF Ratio | 1,165.18 | 31.51 | ||||
| P/OCF Ratio | 216.60 | 30.44 | ||||
| PEG Ratio | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | |
| EV/Sales Ratio | 1.56 | 3.09 | 6.76 | 1.57 | 1.63 | 3.65 |
| EV/EBITDA Ratio | 472.26 | 63.98 | ||||
| EV/EBIT Ratio | 158.24 | |||||
| EV/FCF Ratio | 1,015.09 | 28.87 | ||||
| Debt / Equity Ratio | -16.43 | 9.85 | 0.93 | 0.16 | 0.12 | 0.10 |
| Debt / EBITDA Ratio | 5.16 | 1.88 | ||||
| Debt / FCF Ratio | 70.54 | 1.16 | ||||
| Net Debt / Equity Ratio | -14.11 | 6.14 | 0.18 | -0.14 | -0.27 | -0.21 |
| Net Debt / EBITDA Ratio | -3.19 | -0.85 | -0.10 | 0.58 | -73.67 | -5.16 |
| Net Debt / FCF Ratio | -7.10 | -1.48 | -0.16 | 0.49 | -158.36 | -2.33 |
| Asset Turnover | 0.98 | 0.69 | 0.46 | 0.77 | 0.67 | 0.60 |
| Inventory Turnover | 1.69 | 2.03 | 2.52 | 3.75 | 3.85 | 3.52 |
| Quick Ratio | 0.35 | 0.41 | 1.20 | 1.46 | 1.80 | 1.53 |
| Current Ratio | 0.76 | 0.72 | 1.86 | 2.24 | 2.31 | 2.03 |
| Return on Equity (ROE) | -672.00% | -183.60% | -123.52% | -43.69% | -27.87% | 1.22% |
| Return on Assets (ROA) | -4.84% | -17.06% | -36.91% | -11.28% | -1.83% | 0.87% |
| Return on Invested Capital (ROIC) | -29.71% | -88.22% | -122.84% | -33.11% | -5.18% | 1.62% |
| Return on Capital Employed (ROCE) | -41.90% | -170.50% | -77.00% | -28.40% | -4.20% | 1.50% |
| Earnings Yield | -9.11% | -16.37% | -19.98% | -24.59% | -15.99% | 0.38% |
| FCF Yield | -3.74% | -8.15% | -12.37% | -13.15% | 0.09% | 3.17% |
| Buyback Yield / Dilution | -0.81% | -1.67% | -19.97% | -1.22% | -2.54% | -4.39% |
| Total Shareholder Return | -0.81% | -1.67% | -19.97% | -1.22% | -2.54% | -4.39% |