NASDAQ : PHUN
Phunware, Inc. — Financial statements
Technology · Software - Application · United States
Last price 1.87 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 38.27M
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Financial statements
Phunware, Inc. (PHUN) reported revenue of 2.75M 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 | 2.75M | 2.55M | 3.19M | 4.83M | 6.52M | 10.64M |
| Cost of Revenue | 1.07M | 1.26M | 1.74M | 3.15M | 3.01M | 7.03M |
| Gross Profit | 1.68M | 1.29M | 1.45M | 1.69M | 3.51M | 3.61M |
| Selling, General & Admin | 19.48M | 18.65M | 13.08M | 17.11M | 21.39M | 16.28M |
| Research & Development | 3.71M | 3.16M | 2.27M | 4.45M | 6.15M | 4.18M |
| Operating Expenses | 23.19M | 21.81M | 15.34M | 21.56M | 27.54M | 20.46M |
| Operating Income | -21.52M | -20.52M | -13.89M | -19.87M | -24.03M | -16.84M |
| Interest Expense | -36.00K | -32.00K | -135.00K | -1.73M | -2.41M | -4.48M |
| Interest & Investment Income | 3.73M | 4.27M | 1.73M | |||
| Other Non Operating Income (Expenses) | 4.83M | 4.86M | 1.48M | 5.75M | -18.98M | -27.52M |
| EBT Excluding Unusual Items | -13.00M | -11.42M | -10.81M | -15.86M | -45.42M | -48.85M |
| Impairment of Goodwill | -25.82M | |||||
| Other Unusual Items | 535.00K | -237.00K | -5.10M | |||
| Pretax Income | -13.00M | -11.42M | -10.28M | -41.91M | -45.42M | -53.95M |
| Income Tax Expense | -19.00K | -19.00K | 41.00K | 29.00K | 4.00K | -426.00K |
| Earnings From Continuing Operations | -12.98M | -11.40M | -10.32M | -41.94M | -45.42M | -53.52M |
| Earnings From Discontinued Operations | -10.84M | -5.47M | ||||
| Net Income | -12.98M | -11.40M | -10.32M | -52.78M | -50.89M | -53.52M |
| Net Income to Common | -12.98M | -11.40M | -10.32M | -52.78M | -50.89M | -53.52M |
| Shares Outstanding (Basic) | 20.25M | 20.18M | 10.97M | 2.38M | 1.98M | 1.51M |
| Shares Outstanding (Diluted) | 20.25M | 20.18M | 10.97M | 2.38M | 1.98M | 1.51M |
| EPS (Basic) | -0.64 | -0.57 | -0.94 | -22.18 | -25.71 | -35.47 |
| EPS (Diluted) | -0.64 | -0.57 | -0.94 | -22.18 | -25.71 | -35.50 |
| Free Cash Flow | -14.13M | -12.47M | -13.30M | -18.43M | -27.10M | -22.51M |
| Free Cash Flow Per Share | -0.70 | -0.62 | -1.21 | -7.75 | -13.69 | -14.92 |
| Gross Margin | 60.96% | 50.57% | 45.59% | 34.89% | 53.81% | 33.95% |
| Operating Margin | -782.12% | -803.72% | -435.53% | -411.26% | -368.52% | -158.26% |
| Profit Margin | -471.72% | -446.57% | -323.49% | -1,092.40% | -780.46% | -502.89% |
| Free Cash Flow Margin | -513.67% | -488.33% | -417.12% | -381.52% | -415.55% | -211.54% |
| EBITDA | -21.51M | -20.51M | -13.87M | -19.79M | -23.29M | -16.60M |
| EBITDA Margin | -156.01% | |||||
| D&A For EBITDA | 9.00K | 13.00K | 16.00K | 84.00K | 739.00K | 240.00K |
| EBIT | -21.52M | -20.52M | -13.89M | -19.87M | -24.03M | -16.84M |
| EBIT Margin | -158.26% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 92.13M | 100.59M | 112.97M | 3.93M | 1.96M | 23.14M |
| Cash & Short-Term Investments | 92.13M | 100.59M | 112.97M | 3.93M | 1.96M | 23.14M |
| Receivables | 191.00K | 300.00K | 276.00K | 550.00K | 835.00K | 967.00K |
| Inventory | 2.64M | |||||
| Prepaid Expenses | 567.00K | 664.00K | 406.00K | 278.00K | 472.00K | 538.00K |
| Other Current Assets | 61.00K | 18.60M | 103.00K | 199.00K | 13.60M | 32.73M |
| Total Current Assets | 92.95M | 120.15M | 113.76M | 4.96M | 16.86M | 60.01M |
| Property, Plant & Equipment | 409.00K | 563.00K | 864.00K | 1.49M | 2.49M | 1.26M |
| Goodwill | 25.77M | 33.26M | ||||
| Other Intangible Assets | 3.21M | |||||
| Other Long-Term Assets | 158.00K | 158.00K | 158.00K | 276.00K | 9.71M | 276.00K |
| Total Assets | 93.52M | 120.87M | 114.78M | 6.73M | 54.84M | 98.02M |
| Accounts Payable | 1.76M | 1.07M | 3.75M | 7.84M | 7.28M | 6.59M |
| Accrued Expenses | 281.00K | 10.00K | 53.00K | 327.00K | 2.08M | 3.38M |
| Current Portion of Long-Term Debt | 4.94M | 9.67M | 4.90M | |||
| Current Portion of Leases | 358.00K | 342.00K | 313.00K | 629.00K | 696.00K | 399.00K |
| Current Income Taxes Payable | 8.00K | 120.00K | 95.00K | 110.00K | 431.00K | 259.00K |
| Current Unearned Revenue | 1.07M | 1.39M | 1.03M | 1.26M | 1.53M | 3.97M |
| Other Current Liabilities | 1.20M | 20.98M | 1.20M | 1.41M | 3.90M | 10.78M |
| Total Current Liabilities | 4.68M | 23.91M | 6.45M | 16.50M | 25.58M | 30.29M |
| Long-Term Leases | 95.00K | 277.00K | 619.00K | 1.03M | 1.93M | 1.15M |
| Long-Term Unearned Revenue | 229.00K | 369.00K | 528.00K | 651.00K | 1.27M | 1.30M |
| Other Long-Term Liabilities | 1.18M | |||||
| Total Liabilities | 5.01M | 24.55M | 7.60M | 18.18M | 29.95M | 32.74M |
| Common Stock | 2.00K | 2.00K | 2.00K | 10.00K | ||
| Additional Paid-In Capital | 422.17M | 421.54M | 421.00M | 292.47M | 275.57M | 264.94M |
| Retained Earnings | -333.16M | -324.72M | -313.32M | -303.00M | -250.22M | -199.32M |
| Treasury Stock | -502.00K | -502.00K | -502.00K | -502.00K | ||
| Comprehensive Income & Other | -418.00K | -472.00K | -352.00K | |||
| Total Common Equity | 88.51M | 96.32M | 107.18M | -11.46M | 24.88M | 65.28M |
| Shareholders' Equity | 88.51M | 96.32M | 107.18M | -11.46M | 24.88M | 65.28M |
| Total Liabilities & Equity | 93.52M | 120.87M | 114.78M | 6.73M | 54.84M | 98.02M |
| Total Debt | 453.00K | 619.00K | 932.00K | 6.60M | 12.29M | 6.45M |
| Net Cash (Debt) | 91.68M | 99.97M | 112.04M | -2.66M | -10.34M | 16.69M |
| Net Cash Per Share | 4.53 | 4.95 | 10.21 | -1.12 | -5.22 | 11.06 |
| Filing Date Shares Outstanding | 20.46M | 20.19M | 20.17M | 8.03M | 2.08M | 1.95M |
| Total Common Shares Outstanding | 20.45M | 20.19M | 20.16M | 3.85M | 2.06M | 1.94M |
| Working Capital | 88.27M | 96.24M | 107.31M | -11.54M | -8.71M | 29.71M |
| Book Value Per Share | 4.33 | 4.77 | 5.32 | -2.97 | 12.06 | 33.73 |
| Tangible Book Value | 88.51M | 96.32M | 107.18M | -11.46M | -885.00K | 28.80M |
| Tangible Book Value Per Share | 4.33 | 4.77 | 5.32 | -2.97 | -0.43 | 14.89 |
| Order Backlog | 2.27M | 3.63M | 2.75M | 3.82M | 3.32M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -12.98M | -11.40M | -10.32M | -52.78M | -50.89M | -53.52M |
| Depreciation & Amortization | 9.00K | 13.00K | 16.00K | 84.00K | 240.00K | |
| Other Amortization | 1.03M | 2.94M | ||||
| Asset Writedown & Restructuring Costs | 25.82M | |||||
| Stock-Based Compensation | 887.00K | 455.00K | 1.66M | 4.07M | 3.01M | 4.94M |
| Other Operating Activities | -805.00K | -821.00K | -735.00K | 7.73M | 19.64M | 31.91M |
| Change in Accounts Receivable | 214.00K | -21.00K | 130.00K | 235.00K | 2.00K | -16.00K |
| Change in Inventory | -949.00K | |||||
| Change in Accounts Payable | -539.00K | -267.00K | -2.93M | -688.00K | 726.00K | -1.57M |
| Change in Unearned Revenue | -445.00K | 193.00K | -347.00K | -896.00K | -318.00K | -1.17M |
| Change in Other Net Operating Assets | -475.00K | -618.00K | -596.00K | -676.00K | -1.75M | -5.32M |
| Operating Cash Flow | -14.13M | -12.47M | -13.30M | -18.43M | -26.86M | -22.51M |
| Capital Expenditures | -242.00K | |||||
| Cash Acquisitions | -5.10M | |||||
| Other Investing Activities | 15.38M | -2.02M | -41.28M | |||
| Investing Cash Flow | 15.38M | -2.26M | -46.38M | |||
| Long-Term Debt Issued | 11.79M | 14.71M | ||||
| Total Debt Issued | 11.79M | 14.71M | ||||
| Long-Term Debt Repaid | -5.06M | -8.07M | -26.24M | |||
| Total Debt Repaid | -5.06M | -8.07M | -26.24M | |||
| Net Debt Issued (Repaid) | -5.06M | 3.73M | -11.53M | |||
| Issuance of Common Stock | 80.00K | 122.34M | 10.53M | 4.33M | 99.55M | |
| Repurchase of Common Stock | -502.00K | |||||
| Financing Cash Flow | 80.00K | 122.34M | 4.97M | 8.05M | 88.02M | |
| Foreign Exchange Rate Adjustments | 57.00K | -123.00K | -14.00K | |||
| Net Cash Flow | -14.13M | -12.39M | 109.04M | 1.98M | -21.18M | 19.11M |
| Free Cash Flow | -14.13M | -12.47M | -13.30M | -18.43M | -27.10M | -22.51M |
| Free Cash Flow Margin | -513.67% | -488.33% | -417.12% | -381.52% | -415.55% | -211.54% |
| Free Cash Flow Per Share | -0.70 | -0.62 | -1.21 | -7.75 | -13.69 | -14.92 |
| Levered Free Cash Flow | -13.96M | -13.73M | -11.65M | 256.88K | -536.12K | -38.15M |
| Unlevered Free Cash Flow | -13.94M | -13.71M | -11.57M | 1.34M | -66.38K | -38.29M |
| Cash Interest Paid | 36.00K | 32.00K | 31.00K | 1.22M | 957.00K | 1.36M |
| Cash Income Tax Paid | 4.00K | 25.00K | 14.00K | |||
| Change in Working Capital | -1.25M | -713.00K | -3.75M | -2.02M | -1.34M | -9.02M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 38.27M | 37.35M | 103.42M | 14.66M | 79.36M | 253.17M |
| Enterprise Value | -53.41M | -65.74M | 68.92M | 20.68M | 87.78M | 255.13M |
| Last Close Price | 1.87 | 1.85 | 5.20 | 4.10 | 38.66 | 131.50 |
| PS Ratio | 13.91 | 14.63 | 32.43 | 3.04 | 12.17 | 23.79 |
| PB Ratio | 0.43 | 0.39 | 0.96 | -1.28 | 3.19 | 3.88 |
| P/TBV Ratio | 0.43 | 0.39 | 0.96 | 8.79 | ||
| EV/Sales Ratio | 21.61 | 4.28 | 13.46 | 23.97 | ||
| Debt / Equity Ratio | 0.01 | 0.01 | 0.01 | -0.58 | 0.49 | 0.10 |
| Net Debt / Equity Ratio | -1.04 | -1.04 | -1.04 | -0.23 | 0.41 | -0.26 |
| Net Debt / EBITDA Ratio | 4.26 | 4.88 | 8.08 | -0.14 | -0.44 | 1.00 |
| Net Debt / FCF Ratio | 6.49 | 8.02 | 8.42 | -0.14 | -0.38 | 0.74 |
| Asset Turnover | 0.03 | 0.02 | 0.05 | 0.16 | 0.09 | 0.16 |
| Quick Ratio | 19.71 | 4.22 | 17.55 | 0.27 | 0.11 | 0.80 |
| Current Ratio | 19.84 | 5.03 | 17.63 | 0.30 | 0.66 | 1.98 |
| Return on Equity (ROE) | -13.72% | -11.21% | -21.55% | -624.91% | -100.77% | -169.11% |
| Return on Assets (ROA) | -13.34% | -10.88% | -14.29% | -40.35% | -19.65% | -16.21% |
| Return on Capital Employed (ROCE) | -24.20% | -21.20% | -12.80% | 203.30% | -82.10% | -24.90% |
| Earnings Yield | -34.27% | -30.53% | -9.98% | -359.99% | -64.13% | -21.14% |
| FCF Yield | -36.93% | -33.38% | -12.86% | -125.73% | -34.14% | -8.89% |
| Buyback Yield / Dilution | -17.26% | -83.90% | -361.02% | -20.22% | -31.19% | -70.43% |