NYSEAMERICAN : MSN
Emerson Radio Corp. — Financial statements
Technology · Consumer Electronics · United States
Last price 0.318 USD (Oct 30, 2026, 10:10 AM EDT) · Market cap 6.69M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Emerson Radio Corp. (MSN) reported revenue of 5.69M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 5.69M | 6.31M | 10.79M | 9.07M | 7.18M | 8.21M |
| Cost of Revenue | 5.63M | 6.22M | 9.88M | 7.51M | 5.08M | 6.24M |
| Gross Profit | 55.00K | 94.00K | 901.00K | 1.56M | 2.10M | 1.97M |
| Selling, General & Admin | 4.85M | 4.96M | 6.52M | 4.96M | 4.20M | 5.41M |
| Operating Expenses | 4.85M | 4.96M | 6.52M | 4.96M | 4.20M | 5.41M |
| Operating Income | -4.79M | -4.87M | -5.62M | -3.40M | -2.10M | -3.44M |
| Interest Expense | -15.00K | -15.00K | -9.00K | -5.00K | -10.00K | -11.00K |
| Interest & Investment Income | 516.00K | 585.00K | 896.00K | 1.16M | 712.00K | 68.00K |
| EBT Excluding Unusual Items | -4.29M | -4.30M | -4.73M | -2.24M | -1.39M | -3.38M |
| Legal Settlements | 3.10M | -450.00K | ||||
| Other Unusual Items | 568.00K | 34.00K | 207.00K | |||
| Pretax Income | -3.73M | -4.30M | -4.73M | 856.00K | -1.36M | -3.63M |
| Income Tax Expense | 3.00K | 90.00K | ||||
| Net Income | -3.73M | -4.30M | -4.73M | 766.00K | -1.36M | -3.63M |
| Net Income to Common | -3.73M | -4.30M | -4.73M | 766.00K | -1.36M | -3.63M |
| Shares Outstanding (Basic) | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M |
| Shares Outstanding (Diluted) | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M |
| EPS (Basic) | -0.18 | -0.20 | -0.22 | 0.04 | -0.06 | -0.17 |
| EPS (Diluted) | -0.18 | -0.20 | -0.22 | 0.04 | -0.06 | -0.17 |
| Free Cash Flow | -4.06M | -3.72M | -3.84M | -5.38M | -306.00K | -4.71M |
| Free Cash Flow Per Share | -0.19 | -0.18 | -0.18 | -0.26 | -0.01 | -0.22 |
| Gross Margin | 0.97% | 1.49% | 8.35% | 17.24% | 29.27% | 24.00% |
| Operating Margin | -84.28% | -77.18% | -52.06% | -37.48% | -29.20% | -41.92% |
| Profit Margin | -65.50% | -68.15% | -43.87% | 8.45% | -18.95% | -44.19% |
| Free Cash Flow Margin | -71.37% | -58.95% | -35.62% | -59.28% | -4.26% | -57.45% |
| EBITDA | -4.72M | -4.79M | -5.54M | -3.37M | -2.10M | -3.44M |
| EBITDA Margin | -82.93% | -75.88% | -51.33% | -37.20% | -29.19% | -41.90% |
| D&A For EBITDA | 77.00K | 82.00K | 79.00K | 25.00K | 1.00K | 2.00K |
| EBIT | -4.79M | -4.87M | -5.62M | -3.40M | -2.10M | -3.44M |
| EBIT Margin | -84.28% | -77.18% | -52.06% | -37.48% | -29.20% | -41.92% |
| Effective Tax Rate | 10.51% | |||||
| Revenue as Reported | 5.69M | 6.31M | 10.79M | 9.07M | 7.18M | 8.21M |
| Advertising Expenses | 234.00K | 165.00K | 122.00K | 39.00K | 42.00K |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.31M | 9.19M | 1.19M | 19.89M | 25.27M | 25.58M |
| Short-Term Investments | 6.17M | 3.14M | 14.87M | |||
| Cash & Short-Term Investments | 11.48M | 12.33M | 16.05M | 19.89M | 25.27M | 25.58M |
| Receivables | 1.03M | 1.40M | 1.54M | 1.38M | 1.41M | 1.29M |
| Inventory | 4.88M | 4.13M | 4.91M | 6.95M | 3.81M | 2.11M |
| Prepaid Expenses | 289.00K | 194.00K | 247.00K | 274.00K | 357.00K | 390.00K |
| Other Current Assets | 67.00K | 74.00K | 43.00K | 107.00K | 247.00K | 141.00K |
| Total Current Assets | 17.75M | 18.13M | 22.79M | 28.60M | 31.09M | 29.51M |
| Property, Plant & Equipment | 381.00K | 433.00K | 660.00K | 377.00K | 202.00K | 407.00K |
| Other Long-Term Assets | 76.00K | 76.00K | 76.00K | 84.00K | 74.00K | 90.00K |
| Total Assets | 18.21M | 18.64M | 23.53M | 29.07M | 31.37M | 30.01M |
| Accounts Payable | 1.28M | 1.11M | 808.00K | 1.16M | 641.00K | 758.00K |
| Accrued Expenses | 1.00K | 1.00K | 1.00K | 1.00K | 1.00K | |
| Current Portion of Leases | 168.00K | 163.00K | 137.00K | 93.00K | 140.00K | 212.00K |
| Current Income Taxes Payable | 14.00K | 5.00K | 668.00K | 531.00K | 401.00K | 195.00K |
| Current Unearned Revenue | 96.00K | 191.00K | 149.00K | 210.00K | ||
| Other Current Liabilities | 3.32M | |||||
| Total Current Liabilities | 1.46M | 1.28M | 1.71M | 1.97M | 4.65M | 1.38M |
| Long-Term Leases | 118.00K | 162.00K | 326.00K | 198.00K | 62.00K | 203.00K |
| Other Long-Term Liabilities | 668.00K | 1.20M | 1.61M | |||
| Total Liabilities | 1.58M | 1.44M | 2.04M | 2.84M | 5.91M | 3.19M |
| Common Stock | 529.00K | 529.00K | 529.00K | 529.00K | 529.00K | 529.00K |
| Additional Paid-In Capital | 79.79M | 79.79M | 79.79M | 79.79M | 79.79M | 79.79M |
| Retained Earnings | -33.80M | -33.24M | -28.94M | -24.20M | -24.97M | -23.61M |
| Treasury Stock | -33.20M | -33.20M | -33.20M | -33.20M | -33.20M | -33.20M |
| Total Common Equity | 13.32M | 13.88M | 18.18M | 22.91M | 22.15M | 23.51M |
| Shareholders' Equity | 16.63M | 17.19M | 21.49M | 26.23M | 25.46M | 26.82M |
| Total Liabilities & Equity | 18.21M | 18.64M | 23.53M | 29.07M | 31.37M | 30.01M |
| Total Debt | 286.00K | 325.00K | 463.00K | 291.00K | 202.00K | 415.00K |
| Net Cash (Debt) | 11.19M | 12.01M | 15.59M | 19.60M | 25.07M | 25.16M |
| Net Cash Per Share | 0.53 | 0.57 | 0.74 | 0.93 | 1.19 | 1.20 |
| Filing Date Shares Outstanding | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M |
| Total Common Shares Outstanding | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M | 21.04M |
| Working Capital | 16.29M | 16.85M | 21.08M | 26.63M | 26.45M | 28.14M |
| Book Value Per Share | 0.63 | 0.66 | 0.86 | 1.09 | 1.05 | 1.12 |
| Tangible Book Value | 13.32M | 13.88M | 18.18M | 22.91M | 22.15M | 23.51M |
| Tangible Book Value Per Share | 0.63 | 0.66 | 0.86 | 1.09 | 1.05 | 1.12 |
| Machinery | 483.00K | 493.00K | 298.00K | 179.00K | 382.00K | |
| Leasehold Improvements | 8.00K |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -3.73M | -4.30M | -4.73M | 766.00K | -1.36M | -3.63M |
| Depreciation & Amortization | 77.00K | 82.00K | 79.00K | 25.00K | 1.00K | 214.00K |
| Other Operating Activities | -1.03M | -954.00K | 1.26M | 204.00K | 204.00K | -198.00K |
| Change in Accounts Receivable | 1.51M | 1.24M | -1.27M | -7.00K | -116.00K | -609.00K |
| Change in Inventory | 341.00K | 781.00K | 2.04M | -3.14M | -1.70M | -151.00K |
| Change in Accounts Payable | -504.00K | 303.00K | -350.00K | 517.00K | -117.00K | -30.00K |
| Change in Unearned Revenue | -64.00K | -96.00K | -95.00K | 42.00K | -61.00K | 15.00K |
| Change in Income Taxes | -663.00K | -663.00K | -531.00K | -404.00K | -205.00K | -223.00K |
| Change in Other Net Operating Assets | -2.00K | -115.00K | -54.00K | -3.26M | 3.05M | -104.00K |
| Operating Cash Flow | -4.06M | -3.72M | -3.65M | -5.26M | -306.00K | -4.71M |
| Capital Expenditures | -195.00K | -119.00K | -2.00K | |||
| Investment in Securities | 7.72M | 11.73M | -14.87M | 25.05M | ||
| Investing Cash Flow | 7.72M | 11.73M | -15.06M | -119.00K | 25.04M | |
| Short-Term Debt Issued | 1.00K | |||||
| Long-Term Debt Issued | 5.00K | |||||
| Total Debt Issued | 6.00K | |||||
| Short-Term Debt Repaid | -1.00K | |||||
| Long-Term Debt Repaid | -1.00K | -2.00K | ||||
| Total Debt Repaid | -2.00K | -1.00K | -1.00K | -2.00K | ||
| Net Debt Issued (Repaid) | -2.00K | -1.00K | 6.00K | -1.00K | -2.00K | |
| Financing Cash Flow | -2.00K | -1.00K | 6.00K | -1.00K | -2.00K | |
| Net Cash Flow | 3.65M | 8.01M | -18.70M | -5.38M | -308.00K | 20.33M |
| Free Cash Flow | -4.06M | -3.72M | -3.84M | -5.38M | -306.00K | -4.71M |
| Free Cash Flow Margin | -71.37% | -58.95% | -35.62% | -59.28% | -4.26% | -57.45% |
| Free Cash Flow Per Share | -0.19 | -0.18 | -0.18 | -0.26 | -0.01 | -0.22 |
| Levered Free Cash Flow | -3.35M | -2.48M | -1.97M | -7.74M | 139.75K | -2.60M |
| Unlevered Free Cash Flow | -3.34M | -2.47M | -1.96M | -7.73M | 146.00K | -2.59M |
| Cash Interest Paid | 16.00K | 15.00K | 9.00K | 5.00K | 10.00K | 11.00K |
| Cash Income Tax Paid | 676.00K | 676.00K | 535.00K | 478.00K | 205.00K | 222.00K |
| Change in Working Capital | 616.00K | 1.45M | -253.00K | -6.25M | 849.00K | -1.10M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.64M | 7.93M | 9.41M | 11.15M | 11.37M | 16.15M |
| Enterprise Value | -4.56M | -1.67M | -3.23M | -7.34M | -12.37M | -4.81M |
| Last Close Price | 0.32 | 0.38 | 0.45 | 0.53 | 0.54 | 0.77 |
| PE Ratio | 14.56 | |||||
| PS Ratio | 1.18 | 1.26 | 0.87 | 1.23 | 1.58 | 1.97 |
| PB Ratio | 0.50 | 0.46 | 0.44 | 0.42 | 0.45 | 0.60 |
| P/TBV Ratio | 0.50 | 0.57 | 0.52 | 0.49 | 0.51 | 0.69 |
| Debt / Equity Ratio | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Net Debt / Equity Ratio | -0.67 | -0.70 | -0.72 | -0.75 | -0.98 | -0.94 |
| Net Debt / EBITDA Ratio | 2.37 | 2.51 | 2.82 | 5.81 | 11.96 | 7.32 |
| Net Debt / FCF Ratio | 2.76 | 3.23 | 4.06 | 3.65 | 81.92 | 5.34 |
| Asset Turnover | 0.27 | 0.30 | 0.41 | 0.30 | 0.23 | 0.26 |
| Inventory Turnover | 1.11 | 1.38 | 1.67 | 1.39 | 1.71 | 3.06 |
| Quick Ratio | 8.55 | 10.73 | 10.29 | 10.78 | 5.74 | 19.54 |
| Current Ratio | 12.13 | 14.16 | 13.33 | 14.49 | 6.69 | 21.46 |
| Return on Equity (ROE) | -20.15% | -22.23% | -19.83% | 2.96% | -5.20% | -12.66% |
| Return on Assets (ROA) | -14.44% | -14.44% | -13.35% | -7.03% | -4.27% | -6.73% |
| Return on Invested Capital (ROIC) | -90.28% | -87.83% | -89.63% | -45.90% | -207.48% | |
| Return on Capital Employed (ROCE) | -28.60% | -28.10% | -25.70% | -12.50% | -7.80% | -12.00% |
| Earnings Yield | -57.07% | -54.20% | -50.30% | 6.87% | -11.96% | -22.45% |
| FCF Yield | -60.46% | -46.89% | -40.85% | -48.21% | -2.69% | -29.18% |
| Buyback Yield / Dilution | 0.00% |