Financhill
Buy
76

SMR Quote, Financials, Valuation and Earnings

Last price:
$46.84
Seasonality move :
-7.35%
Day range:
$41.56 - $46.31
52-week range:
$6.88 - $46.31
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
98.93x
P/B ratio:
8.73x
Volume:
15.7M
Avg. volume:
14M
1-year change:
196.21%
Market cap:
$6.1B
Revenue:
$37M
EPS (TTM):
-$1.37
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $600K $2.9M $11.8M $22.8M $37M
Revenue Growth (YoY) 60.86% 377% 312.44% 93.24% 62.41%
 
Cost of Revenues $355K $1.8M $7.3M $19M $4.9M
Gross Profit $245K $1.1M $4.5M $3.8M $32.1M
Gross Profit Margin 40.83% 38.16% 38.01% 16.87% 86.67%
 
R&D Expenses $95.3M $94.4M $127.7M $156.1M $46.8M
Selling, General & Admin $37.2M $38.7M $55.3M $65.4M $75.9M
Other Inc / (Exp) $71.1M $73.5M $84.7M $84.7M -$216.1M
Operating Expenses $159.1M $175.4M $234.5M $279.4M $170.8M
Operating Income -$158.8M -$174.3M -$230M -$275.6M -$138.7M
 
Net Interest Expenses $653K $1.7M -- -- --
EBT. Incl. Unusual Items -$88.4M -$102.5M -$141.6M -$180.1M -$346.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $1.9M
Net Income to Company -$88.4M -$102.5M -$141.6M -$180.1M -$348.4M
 
Minority Interest in Earnings -- -- $84.5M $121.8M $211.8M
Net Income to Common Excl Extra Items -$88.4M -$102.5M -$57.1M -$58.4M -$136.6M
 
Basic EPS (Cont. Ops) -$2.03 -$2.35 -$0.51 -$0.80 -$1.47
Diluted EPS (Cont. Ops) -$2.03 -$2.35 -$0.51 -$0.80 -$1.47
Weighted Average Basic Share $43.6M $43.6M $50.8M $73.4M $93.2M
Weighted Average Diluted Share $43.6M $43.6M $50.8M $73.4M $93.2M
 
EBITDA -$156.8M -$172.1M -$227.3M -$273M -$136.9M
EBIT -$158.8M -$174.3M -$230M -$275.6M -$138.7M
 
Revenue (Reported) $600K $2.9M $11.8M $22.8M $37M
Operating Income (Reported) -$158.8M -$174.3M -$230M -$275.6M -$138.7M
Operating Income (Adjusted) -$158.8M -$174.3M -$230M -$275.6M -$138.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- $2.4M $5.5M $1.4M $13.4M
Revenue Growth (YoY) -- 779.5% 125.15% -74.95% 869.91%
 
Cost of Revenues -- $1.2M $3.4M $735K $6.4M
Gross Profit -- $1.2M $2.1M $644K $7M
Gross Profit Margin -- 50.72% 37.95% 46.7% 52.35%
 
R&D Expenses -- $24.4M $27.6M $13.2M $9.1M
Selling, General & Admin -- $10.5M $14.7M $19.4M $23.3M
Other Inc / (Exp) -- $20.6M $16.8M -$5.6M $63K
Operating Expenses -- $45.1M $57.6M $44.6M $42.3M
Operating Income -- -$43.8M -$55.5M -$44M -$35.3M
 
Net Interest Expenses -- $102K -- -- --
EBT. Incl. Unusual Items -- -$23.4M -$35.6M -$48.1M -$30.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $342K
Net Income to Company -- -$23.4M -$35.6M -$48.1M -$30.4M
 
Minority Interest in Earnings -- -- $24.6M $31.5M $16.4M
Net Income to Common Excl Extra Items -- -$23.4M -$11M -$16.6M -$14M
 
Basic EPS (Cont. Ops) -- -- -$0.16 -$0.21 -$0.11
Diluted EPS (Cont. Ops) -- -- -$0.16 -$0.21 -$0.11
Weighted Average Basic Share -- $43.6M $69.7M $79.6M $127.7M
Weighted Average Diluted Share -- $43.6M $69.7M $79.6M $127.7M
 
EBITDA -- -$43.2M -$54.8M -$43.4M -$35M
EBIT -- -$43.8M -$55.5M -$44M -$35.3M
 
Revenue (Reported) -- $2.4M $5.5M $1.4M $13.4M
Operating Income (Reported) -- -$43.8M -$55.5M -$44M -$35.3M
Operating Income (Adjusted) -- -$43.8M -$55.5M -$44M -$35.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- $4.6M $14.9M $18.7M $49M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $2.6M $9.5M $16.3M $10.6M
Gross Profit -- $2.1M $5.3M $2.4M $38.5M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $100M $130.4M $141.6M $42.8M
Selling, General & Admin -- $41.3M $59.5M $70.1M $79.8M
Other Inc / (Exp) -- $79.4M $80.9M $62.2M -$210.4M
Operating Expenses -- $183.8M $247M $266.5M $168.5M
Operating Income -- -$181.7M -$241.6M -$264.1M -$130.1M
 
Net Interest Expenses -- $874K -- -- --
EBT. Incl. Unusual Items -- -$103.2M -$153.8M -$192.6M -$328.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $2.3M
Net Income to Company -- -- -$153.8M -$192.6M -$330.7M
 
Minority Interest in Earnings -- -- $109.2M $128.6M $196.6M
Net Income to Common Excl Extra Items -- -$103.2M -$44.7M -$64M -$134.1M
 
Basic EPS (Cont. Ops) -- -$1.83 -$0.66 -$0.85 -$1.37
Diluted EPS (Cont. Ops) -- -$1.83 -$0.66 -$0.85 -$1.37
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -$194.7M -$207.6M -$261.6M -$128.5M
EBIT -- -$196.4M -$210.3M -$264.1M -$130.1M
 
Revenue (Reported) -- $4.6M $14.9M $18.7M $49M
Operating Income (Reported) -- -$181.7M -$241.6M -$264.1M -$130.1M
Operating Income (Adjusted) -- -$196.4M -$210.3M -$264.1M -$130.1M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue -- $2.4M $5.5M $1.4M $13.4M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $1.2M $3.4M $735K $6.4M
Gross Profit -- $1.2M $2.1M $644K $7M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $24.4M $27.6M $13.2M $9.1M
Selling, General & Admin -- $10.5M $14.7M $19.4M $23.3M
Other Inc / (Exp) -- $20.6M $16.8M -$5.6M $63K
Operating Expenses -- $45.1M $57.6M $44.6M $42.3M
Operating Income -- -$43.8M -$55.5M -$44M -$35.3M
 
Net Interest Expenses -- $102K -- -- --
EBT. Incl. Unusual Items -- -$23.4M -$35.6M -$48.1M -$30.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- $342K
Net Income to Company -- -$23.4M -$35.6M -$48.1M -$30.4M
 
Minority Interest in Earnings -- -- $24.6M $31.5M $16.4M
Net Income to Common Excl Extra Items -- -$23.4M -$11M -$16.6M -$14M
 
Basic EPS (Cont. Ops) -- -- -$0.16 -$0.21 -$0.11
Diluted EPS (Cont. Ops) -- -- -$0.16 -$0.21 -$0.11
Weighted Average Basic Share -- $43.6M $69.7M $79.6M $127.7M
Weighted Average Diluted Share -- $43.6M $69.7M $79.6M $127.7M
 
EBITDA -- -$43.2M -$54.8M -$43.4M -$35M
EBIT -- -$43.8M -$55.5M -$44M -$35.3M
 
Revenue (Reported) -- $2.4M $5.5M $1.4M $13.4M
Operating Income (Reported) -- -$43.8M -$55.5M -$44M -$35.3M
Operating Income (Adjusted) -- -$43.8M -$55.5M -$44M -$35.3M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $4.9M $77.1M $217.7M $120.3M $401.6M
Short Term Investments -- -- $50M -- $40M
Accounts Receivable, Net $2.8M $4.8M $11.2M $10.1M $21.1M
Inventory -- -- -- -- --
Prepaid Expenses $4M $4.1M $5.5M $19.1M --
Other Current Assets -- -- -- $19.1M $3.4M
Total Current Assets $11.6M $86.1M $284.4M $154.5M $471.1M
 
Property Plant And Equipment $5M $5M $4.8M $4.1M $2.4M
Long-Term Investments -- -- -- -- --
Goodwill $8.3M $8.3M $8.3M $8.3M $8.3M
Other Intangibles $18.3M $18.1M $18M $17.8M $17.6M
Other Long-Term Assets $3.8M $3.8M $33.2M $3.8M $1.9M
Total Assets $47.1M $121.2M $348.6M $224.9M $544.7M
 
Accounts Payable $16.7M $22.4M $28M $44.9M $47.9M
Accrued Expenses -- -- $1.6M $1.7M $1.4M
Current Portion Of Long-Term Debt $13.6M $14M -- -- --
Current Portion Of Capital Lease Obligations $1.6M $1.4M -- $1.5M --
Other Current Liabilities -- -- -- $32.3M $32.3M
Total Current Liabilities $70.5M $48.4M $38.6M $87.5M $89.7M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $74.1M $52.8M $71.5M $95.5M $91.6M
 
Common Stock -- -- $23K $23K $27K
Other Common Equity Adj -- -- -- -- --
Common Equity -$27M -- $296.8M $93.5M $618.7M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- $162.4M $35.9M -$165.6M
Total Equity -$27M $68.4M $277.1M $129.3M $453.1M
 
Total Liabilities and Equity $47.1M $121.2M $348.6M $224.9M $544.7M
Cash and Short Terms $4.9M $77.1M $267.7M $120.3M $441.6M
Total Debt $33.9M $14M -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents -- -- $218.2M $132M $491.4M
Short Term Investments -- -- -- -- $30M
Accounts Receivable, Net -- -- $21M $5.1M $13.3M
Inventory -- -- -- -- --
Prepaid Expenses -- -- $7.3M $14.6M --
Other Current Assets -- -- -- -- $3.6M
Total Current Assets -- -- $246.5M $156.8M $543.4M
 
Property Plant And Equipment -- -- $4.5M $3.6M $2.3M
Long-Term Investments -- -- -- -- --
Goodwill -- -- $8.3M $8.3M $8.3M
Other Intangibles -- -- $17.9M $17.7M $17.6M
Other Long-Term Assets -- -- $39.2M $3.2M $1.6M
Total Assets -- -- $332.4M $229.8M $618.1M
 
Accounts Payable -- -- $43.7M $45.9M $47.6M
Accrued Expenses -- -- $1.5M $1.5M $1.1M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- $32.3M $32.3M
Total Current Liabilities -- -- $51.7M $85.1M $87.3M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities -- -- $85.7M $101.1M $88.6M
 
Common Stock -- -- $23K $24K $28K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- $137.3M $3.6M -$174.5M
Total Equity -- -- $246.7M $128.7M $529.5M
 
Total Liabilities and Equity -- -- $332.4M $229.8M $618.1M
Cash and Short Terms -- -- $218.2M $132M $521.4M
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$88.4M -$102.5M -$141.6M -$180.1M -$348.4M
Depreciation & Amoritzation $2.1M $2.2M $2.7M $2.6M $1.8M
Stock-Based Compensation $3.7M $6.4M $9.3M $16.2M $13.6M
Change in Accounts Receivable $18M -$2M -$6.4M $1.1M -$12M
Change in Inventories -- -- -- -$36.4M -$7M
Cash From Operations -$47.2M -$99.2M -$148.6M -$183.3M -$108.7M
 
Capital Expenditures $3.5M $2M $2.3M $1.7M $44K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$3.5M -$2M -$52.3M $48.3M -$39.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $23M $27.2M -- -- --
Long-Term Debt Repaid -$3M -$47.2M -- -- --
Repurchase of Common Stock -$49K -$17K -$566K -- --
Other Financing Activities -- -- $339.1M -- -$2.6M
Cash From Financing $38.5M $173.3M $368.1M $16.1M $429.8M
 
Beginning Cash (CF) $17.1M $4.9M $77.1M $244.2M $125.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$12.3M $72.2M $167.1M -$118.9M $281.3M
Ending Cash (CF) $4.9M $77.1M $244.2M $125.4M $406.7M
 
Levered Free Cash Flow -$50.8M -$101.1M -$150.9M -$185M -$108.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -$23.4M -$35.6M -$48.1M -$30.4M
Depreciation & Amoritzation -- $621K $659K $534K $313K
Stock-Based Compensation -- $1M $3.6M $2.2M $4.5M
Change in Accounts Receivable -- -$2.7M -$9.8M $1.1M $6.2M
Change in Inventories -- -- -- -- --
Cash From Operations -- -$33.2M -$43.1M -$33.5M -$22.8M
 
Capital Expenditures -- $1.2M $351K -- $67K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$1.2M $49.6M -- $9.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -$563K -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -$73K $1.6M $45.2M $102.7M
 
Beginning Cash (CF) -- $77.1M $244.2M $125.4M $406.7M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$34.4M $8.1M $11.7M $89.9M
Ending Cash (CF) -- $42.7M $252.3M $137.1M $496.5M
 
Levered Free Cash Flow -- -$34.3M -$43.5M -$33.5M -$22.9M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -- -$153.8M -$192.6M -$330.7M
Depreciation & Amoritzation -- -- $2.7M $2.4M $1.6M
Stock-Based Compensation -- $1M $11.9M $14.8M $15.9M
Change in Accounts Receivable -- -- -$13.4M $11.9M -$6.9M
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -$158.6M -$173.6M -$98M
 
Capital Expenditures -- $1.2M $1.5M $1.4M $67K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$1.5M -$1.4M -$29.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- $369.8M $59.7M $487.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- $209.7M -$115.3M $359.4M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -$160.1M -$175M -$98M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -$23.4M -$35.6M -$48.1M -$30.4M
Depreciation & Amoritzation -- $621K $659K $534K $313K
Stock-Based Compensation -- $1M $3.6M $2.2M $4.5M
Change in Accounts Receivable -- -$2.7M -$9.8M $1.1M $6.2M
Change in Inventories -- -- -- -- --
Cash From Operations -- -$33.2M -$43.1M -$33.5M -$22.8M
 
Capital Expenditures -- $1.2M $351K -- $67K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$1.2M $49.6M -- $9.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -$563K -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -$73K $1.6M $45.2M $102.7M
 
Beginning Cash (CF) -- $77.1M $244.2M $125.4M $406.7M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -$34.4M $8.1M $11.7M $89.9M
Ending Cash (CF) -- $42.7M $252.3M $137.1M $496.5M
 
Levered Free Cash Flow -- -$34.3M -$43.5M -$33.5M -$22.9M

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