Applied Energetc Financials
This page shows Applied Energetc (AERG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Applied Energetc has an operating margin of -378.2%, meaning the company retains $-378 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -281.1% the prior year.
Applied Energetc's revenue declined 7.8% year-over-year, from $2.6M to $2.4M. This contraction results in a growth score of 6/100.
Applied Energetc has elevated debt relative to equity (D/E of 4.27), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Applied Energetc's current ratio of 0.91 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 16/100, which could limit financial flexibility.
While Applied Energetc generated -$5.1M in operating cash flow, capex of $99K consumed most of it, leaving -$5.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Applied Energetc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Applied Energetc generates $0.56 in operating cash flow (-$5.1M OCF vs -$9.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Applied Energetc generated $2.4M in revenue in fiscal year 2024. This represents a decrease of 7.8% from the prior year.
Applied Energetc's EBITDA was -$9.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 23.2% from the prior year.
Applied Energetc generated -$5.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 35.9% from the prior year.
Applied Energetc reported -$9.2M in net income in fiscal year 2024. This represents a decrease of 24.8% from the prior year.
Applied Energetc earned $-0.04 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 33.3% from the prior year.
Applied Energetc held $165K in cash against $0 in long-term debt as of fiscal year 2024.
Applied Energetc had 214M shares outstanding in fiscal year 2024. This represents an increase of 1.2% from the prior year.
Applied Energetc's gross margin was 39.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 36.8 percentage points from the prior year.
Applied Energetc's operating margin was -378.2% in fiscal year 2024, reflecting core business profitability. This is down 97.1 percentage points from the prior year.
Applied Energetc's net profit margin was -378.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 98.8 percentage points from the prior year.
Applied Energetc invested $239K in research and development in fiscal year 2024. This represents an increase of 2.3% from the prior year.
Applied Energetc invested $99K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 73.2% from the prior year.
AERG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109K+54.9% | $70K-66.5% | $210K-72.5% | $764K-2.1% | $781K+481.5% | $134K-84.6% | $872K+22.3% | $713K |
| Cost of Revenue | $53K+12.5% | $47K-25.7% | $64K-79.6% | $313K-18.6% | $384K+40.0% | $274K+89.5% | $145K-17.0% | $174K |
| Gross Profit | $56K+143.3% | $23K-84.3% | $146K-67.7% | $451K+13.8% | $396K+382.8% | -$140K-119.3% | $727K+35.1% | $538K |
| R&D Expenses | $456K+35.6% | $336K+4.1% | $323K+544.6% | $50K+32.1% | $38K-53.1% | $81K+21.0% | $67K+23.1% | $54K |
| SG&A Expenses | $3.4M+19.5% | $2.8M+8.2% | $2.6M+9.1% | $2.4M+2.1% | $2.3M+1.1% | $2.3M-2.3% | $2.4M+6.8% | $2.2M |
| Operating Income | -$4.0M-4.9% | -$3.8M-21.9% | -$3.1M-46.0% | -$2.1M-3.2% | -$2.1M+21.1% | -$2.6M-45.5% | -$1.8M+1.8% | -$1.8M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$4.0M-4.9% | -$3.8M-21.9% | -$3.1M-45.9% | -$2.1M-3.3% | -$2.1M+21.1% | -$2.6M-46.5% | -$1.8M+1.6% | -$1.8M |
| EPS (Diluted) | $-0.020.0% | $-0.02 | $0.00+100.0% | $-0.02-100.0% | $-0.01 | $0.00 | $0.00+100.0% | $-0.01 |
AERG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.0M+13.7% | $3.5M-40.5% | $5.9M+186.3% | $2.1M-55.6% | $4.7M+51.7% | $3.1M-13.2% | $3.5M-19.8% | $4.4M |
| Current Assets | $1.8M+49.5% | $1.2M-73.1% | $4.5M+581.4% | $665K-79.9% | $3.3M+98.0% | $1.7M-18.1% | $2.0M-32.5% | $3.0M |
| Cash & Equivalents | $1.3M+53.9% | $866K-79.8% | $4.3M+2500.1% | $165K-94.1% | $2.8M+177.2% | $1.0M-23.6% | $1.3M-45.4% | $2.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $109K | N/A | $90K-73.1% | $336K+59.0% | $211K-33.3% | $317K-44.2% | $568K+40.5% | $404K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $4.7M+159.1% | $1.8M+11.9% | $1.6M-2.4% | $1.7M+5.4% | $1.6M-48.6% | $3.1M+61.3% | $1.9M-3.6% | $2.0M |
| Current Liabilities | $924K-7.1% | $995K+29.8% | $766K+4.6% | $732K+4.9% | $698K-67.6% | $2.2M+132.3% | $927K-2.7% | $953K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $189K | N/A | $52K |
| Total Equity | -$730K-143.0% | $1.7M-60.4% | $4.3M+992.9% | $393K-87.2% | $3.1M+11682.5% | -$27K-101.6% | $1.6M-33.1% | $2.4M |
| Retained Earnings | -$130.9M-3.1% | -$126.9M-3.1% | -$123.1M-2.6% | -$120.0M-3.9% | -$115.5M-1.8% | -$113.4M-2.4% | -$110.8M-1.6% | -$109.0M |
AERG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.5M-3.9% | -$2.4M-38.4% | -$1.7M-27.4% | -$1.4M-20.4% | -$1.1M+26.9% | -$1.5M-76.7% | -$873K-71.4% | -$509K |
| Capital Expenditures | $30K-97.1% | $1.0M+809.1% | $114K+162.9% | $43K | N/A | N/A | $191K+78.4% | $107K |
| Free Cash Flow | -$2.5M+26.6% | -$3.4M-86.0% | -$1.8M-31.6% | -$1.4M | N/A | N/A | -$1.1M-72.6% | -$617K |
| Investing Cash Flow | -$30K+97.1% | -$1.0M-809.1% | -$114K-162.9% | -$43K | N/A | N/A | -$191K-78.4% | -$107K |
| Financing Cash Flow | $3.0M+21386.4% | $14K-99.8% | $6.0M+14536.5% | -$41K-101.4% | $3.0M+141.3% | $1.2M+3637.5% | -$35K+81.3% | -$187K |
| Dividends Paid | N/A | N/A | N/A | $0 | $0-100.0% | $48K | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AERG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.0%+18.5pp | 32.5%-37.1pp | 69.5%+10.5pp | 59.1%+8.3pp | 50.8%+155.2pp | -104.4%-187.8pp | 83.4%+7.9pp | 75.5% |
| Operating Margin | -3643.8%+1738.7pp | -5382.5%-3901.8pp | -1480.6%-1202.2pp | -278.5%-14.4pp | -264.0%+1682.9pp | -1946.9%-1740.9pp | -206.1%+50.6pp | -256.7% |
| Net Margin | -3643.8%+1738.6pp | -5382.4%-3901.8pp | -1480.6%-1202.1pp | -278.5%-14.5pp | -264.0%+1681.4pp | -1945.4%-1740.9pp | -204.5%+49.6pp | -254.1% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -98.9%+8.3pp | -107.2%-54.8pp | -52.4%+50.4pp | -102.8%-58.6pp | -44.2%+40.8pp | -84.9%-34.6pp | -50.3%-9.3pp | -41.0% |
| Current Ratio | 1.97+0.7 | 1.22-4.7 | 5.91+5.0 | 0.91-3.8 | 4.73+4.0 | 0.77-1.4 | 2.20-1.0 | 3.17 |
| Debt-to-Equity | -6.50-7.6 | 1.08+0.7 | 0.38-3.9 | 4.27+3.8 | 0.52+7.7 | -7.14-8.3 | 1.19+1.2 | 0.02 |
| FCF Margin | -2312.3%+2569.3pp | -4881.6%-4001.7pp | -880.0%-696.4pp | -183.5% | N/A | N/A | -122.1%-35.6pp | -86.5% |
Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Applied Energetc's annual revenue?
Applied Energetc (AERG) reported $2.4M in total revenue for fiscal year 2024. This represents a -7.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Applied Energetc's revenue growing?
Applied Energetc (AERG) revenue declined by 7.8% year-over-year, from $2.6M to $2.4M in fiscal year 2024.
Is Applied Energetc profitable?
No, Applied Energetc (AERG) reported a net income of -$9.2M in fiscal year 2024, with a net profit margin of -378.1%.
What is Applied Energetc's earnings per share (EPS)?
Applied Energetc (AERG) reported diluted earnings per share of $-0.04 for fiscal year 2024. This represents a -33.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Applied Energetc's EBITDA?
Applied Energetc (AERG) had EBITDA of -$9.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Applied Energetc's gross margin?
Applied Energetc (AERG) had a gross margin of 39.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Applied Energetc's operating margin?
Applied Energetc (AERG) had an operating margin of -378.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Applied Energetc's net profit margin?
Applied Energetc (AERG) had a net profit margin of -378.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Applied Energetc's free cash flow?
Applied Energetc (AERG) generated -$5.2M in free cash flow during fiscal year 2024. This represents a -35.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Applied Energetc's operating cash flow?
Applied Energetc (AERG) generated -$5.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Applied Energetc's total assets?
Applied Energetc (AERG) had $2.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Applied Energetc's capital expenditures?
Applied Energetc (AERG) invested $99K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Applied Energetc spend on research and development?
Applied Energetc (AERG) invested $239K in research and development during fiscal year 2024.
How many shares does Applied Energetc have outstanding?
Applied Energetc (AERG) had 214M shares outstanding as of fiscal year 2024.
What is Applied Energetc's current ratio?
Applied Energetc (AERG) had a current ratio of 0.91 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Applied Energetc's debt-to-equity ratio?
Applied Energetc (AERG) had a debt-to-equity ratio of 4.27 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Applied Energetc's return on assets (ROA)?
Applied Energetc (AERG) had a return on assets of -443.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Applied Energetc's cash runway?
Based on fiscal year 2024 data, Applied Energetc (AERG) had $165K in cash against an annual operating cash burn of $5.1M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Applied Energetc's Piotroski F-Score?
Applied Energetc (AERG) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Applied Energetc's earnings high quality?
Applied Energetc (AERG) has an earnings quality ratio of 0.56x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Applied Energetc?
Applied Energetc (AERG) scores 5 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.