Applied Energe Financials
This page shows Applied Energe (AERGP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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 Energe 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 Energe's revenue declined 7.8% year-over-year, from $2.6M to $2.4M. This contraction results in a growth score of 20/100.
Applied Energe 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 15/100, reflecting increased financial risk.
Applied Energe's current ratio of 0.91 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 13/100, which could limit financial flexibility.
While Applied Energe 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 Energe generates a -2336.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -453.7% the prior year.
Applied Energe 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 Energe 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
Earnings & Revenue
Applied Energe generated $2.4M in revenue in fiscal year 2024. This represents a decrease of 7.8% from the prior year.
Applied Energe'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 Energe reported -$9.2M in net income in fiscal year 2024. This represents a decrease of 24.8% from the prior year.
Applied Energe earned $-0.04 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 33.3% from the prior year.
Cash & Balance Sheet
Applied Energe 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 Energe held $165K in cash against $0 in long-term debt as of fiscal year 2024.
Applied Energe had 214M shares outstanding in fiscal year 2024. This represents an increase of 1.2% from the prior year.
Margins & Returns
Applied Energe'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 Energe'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 Energe'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 Energe's ROE was -2336.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1882.4 percentage points from the prior year.
Capital Allocation
Applied Energe invested $239K in research and development in fiscal year 2024. This represents an increase of 2.3% from the prior year.
Applied Energe 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.
AERGP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109K+54.9% | $70K-66.5% | $210K-72.5% | $764K+2.2% | $748K-4.2% | $781K+481.5% | $134K-84.6% | $872K |
| Cost of Revenue | $53K+12.5% | $47K-25.7% | $64K-79.6% | $313K-38.5% | $509K+32.4% | $384K+40.0% | $274K+89.5% | $145K |
| Gross Profit | $56K+143.3% | $23K-84.3% | $146K-67.7% | $451K+88.8% | $239K-39.7% | $396K+382.8% | -$140K-119.3% | $727K |
| R&D Expenses | $456K+35.6% | $336K+4.1% | $323K+544.6% | $50K-28.7% | $70K+85.2% | $38K-53.1% | $81K+21.0% | $67K |
| SG&A Expenses | $3.4M+19.5% | $2.8M+8.2% | $2.6M+9.1% | $2.4M-2.7% | $2.5M+4.9% | $2.3M+1.1% | $2.3M-2.3% | $2.4M |
| Operating Income | -$4.0M-4.9% | -$3.8M-21.9% | -$3.1M-46.0% | -$2.1M+10.4% | -$2.4M-15.2% | -$2.1M+21.1% | -$2.6M-45.5% | -$1.8M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 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+10.4% | -$2.4M-15.2% | -$2.1M+21.1% | -$2.6M-46.5% | -$1.8M |
| EPS (Diluted) | $-0.020.0% | $-0.02 | $0.00 | N/A | $-0.010.0% | $-0.01 | $0.00 | N/A |
AERGP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.0M+13.7% | $3.5M-40.5% | $5.9M+186.3% | $2.1M-41.0% | $3.5M-24.8% | $4.7M+51.7% | $3.1M-13.2% | $3.5M |
| Current Assets | $1.8M+49.5% | $1.2M-73.1% | $4.5M+581.4% | $665K-67.2% | $2.0M-38.6% | $3.3M+98.0% | $1.7M-18.1% | $2.0M |
| Cash & Equivalents | $1.3M+53.9% | $866K-79.8% | $4.3M+2500.1% | $165K-89.8% | $1.6M-42.4% | $2.8M+177.2% | $1.0M-23.6% | $1.3M |
| 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+76.3% | $190K-9.8% | $211K-33.3% | $317K-44.2% | $568K |
| 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-12.0% | $1.9M+19.8% | $1.6M-48.6% | $3.1M+61.3% | $1.9M |
| Current Liabilities | $924K-7.1% | $995K+29.8% | $766K+4.6% | $732K-17.6% | $889K+27.3% | $698K-67.6% | $2.2M+132.3% | $927K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | $189K | N/A |
| Total Equity | -$730K-143.0% | $1.7M-60.4% | $4.3M+992.9% | $393K-75.5% | $1.6M-47.9% | $3.1M+11682.5% | -$27K-101.6% | $1.6M |
| Retained Earnings | -$130.9M-3.1% | -$126.9M-3.1% | -$123.1M-2.6% | -$120.0M-1.8% | -$117.9M-2.1% | -$115.5M-1.8% | -$113.4M-2.4% | -$110.8M |
AERGP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.5M-3.9% | -$2.4M-38.4% | -$1.7M-27.4% | -$1.4M-27.7% | -$1.1M+5.7% | -$1.1M+26.9% | -$1.5M-76.7% | -$873K |
| Capital Expenditures | $30K-97.1% | $1.0M+809.1% | $114K+162.9% | $43K | $0 | N/A | N/A | $191K |
| Free Cash Flow | -$2.5M+26.6% | -$3.4M-86.0% | -$1.8M-31.6% | -$1.4M-31.8% | -$1.1M | N/A | N/A | -$1.1M |
| Investing Cash Flow | -$30K+97.1% | -$1.0M-809.1% | -$114K-162.9% | -$43K | $0 | N/A | N/A | -$191K |
| Financing Cash Flow | $3.0M+21386.4% | $14K-99.8% | $6.0M+14536.5% | -$41K+66.2% | -$122K-104.1% | $3.0M+141.3% | $1.2M+3637.5% | -$35K |
| Dividends Paid | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $48K | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AERGP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.0%+18.5pp | 32.5%-37.1pp | 69.5%+10.5pp | 59.1%+27.1pp | 32.0%-18.8pp | 50.8%+155.2pp | -104.4%-187.8pp | 83.4% |
| Operating Margin | -3643.8%+1738.7pp | -5382.5%-3901.8pp | -1480.6%-1202.2pp | -278.5%+39.2pp | -317.6%-53.6pp | -264.0%+1682.9pp | -1946.9%-1740.9pp | -206.1% |
| Net Margin | -3643.8%+1738.6pp | -5382.4%-3901.8pp | -1480.6%-1202.1pp | -278.5%+39.1pp | -317.6%-53.6pp | -264.0%+1681.4pp | -1945.4%-1740.9pp | -204.5% |
| Return on Equity | N/A | -222.8%-150.4pp | -72.4%+469.5pp | -541.8%-393.5pp | -148.3%-81.2pp | -67.1% | N/A | -110.1% |
| Return on Assets | -98.9%+8.3pp | -107.2%-54.8pp | -52.4%+50.4pp | -102.8%-35.1pp | -67.7%-23.5pp | -44.2%+40.8pp | -84.9%-34.6pp | -50.3% |
| Current Ratio | 1.97+0.7 | 1.22-4.7 | 5.91+5.0 | 0.91-1.4 | 2.28-2.4 | 4.73+4.0 | 0.77-1.4 | 2.20 |
| Debt-to-Equity | -6.50-7.6 | 1.08+0.7 | 0.38-3.9 | 4.27+3.1 | 1.19+0.7 | 0.52+7.7 | -7.14-8.3 | 1.19 |
| FCF Margin | -2312.3%+2569.3pp | -4881.6%-4001.7pp | -880.0%-696.4pp | -183.5%-41.3pp | -142.3% | N/A | N/A | -122.1% |
Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Applied Energe's annual revenue?
Applied Energe (AERGP) 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 Energe's revenue growing?
Applied Energe (AERGP) revenue declined by 7.8% year-over-year, from $2.6M to $2.4M in fiscal year 2024.
Is Applied Energe profitable?
No, Applied Energe (AERGP) reported a net income of -$9.2M in fiscal year 2024, with a net profit margin of -378.1%.
What is Applied Energe's EBITDA?
Applied Energe (AERGP) had EBITDA of -$9.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Applied Energe's gross margin?
Applied Energe (AERGP) 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 Energe's operating margin?
Applied Energe (AERGP) 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 Energe's net profit margin?
Applied Energe (AERGP) 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 Energe's return on equity (ROE)?
Applied Energe (AERGP) has a return on equity of -2336.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Applied Energe's free cash flow?
Applied Energe (AERGP) 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 Energe's operating cash flow?
Applied Energe (AERGP) generated -$5.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Applied Energe's total assets?
Applied Energe (AERGP) had $2.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Applied Energe's capital expenditures?
Applied Energe (AERGP) invested $99K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Applied Energe spend on research and development?
Applied Energe (AERGP) invested $239K in research and development during fiscal year 2024.
What is Applied Energe's current ratio?
Applied Energe (AERGP) 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 Energe's debt-to-equity ratio?
Applied Energe (AERGP) 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 Energe's return on assets (ROA)?
Applied Energe (AERGP) 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 Energe's cash runway?
Based on fiscal year 2024 data, Applied Energe (AERGP) 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 Energe's Piotroski F-Score?
Applied Energe (AERGP) 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 Energe's earnings high quality?
Applied Energe (AERGP) 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 Energe?
Applied Energe (AERGP) scores 8 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.