Aetherion Technologies (AETR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the filing for FY2025, filed Apr 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AETR SEC filings page.
Aetherion Technologies Inc. (AETR) reported $23.3M in revenue for fiscal year 2025, down 42.7% from the prior fiscal year. This page shows its 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.
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Aetherion Technologies Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Aetherion Technologies Inc. held $69.9M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $14.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Aetherion Technologies Inc. scores 72/100 among other emerging companies.
Aetherion Technologies Inc. had 17M shares outstanding at the end of fiscal year 2025, against 17M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Aetherion Technologies Inc. scores 80/100 among other emerging companies.
Aetherion Technologies Inc. spent $5.8M on research and development in fiscal year 2025, which was 15.4% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Aetherion Technologies Inc. scores 46/100 among other emerging companies.
Aetherion Technologies Inc. reported revenue of $23.3M in fiscal year 2025, against $40.7M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Aetherion Technologies Inc. scores 8/100 among other emerging companies.
Aetherion Technologies Inc.'s operations used $14.2M of cash in fiscal year 2025, against $7.2M generated in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Aetherion Technologies Inc. scores 44/100 among other emerging companies.
Aetherion Technologies Inc.'s cash, cash equivalents and investments came to $69.9M at the end of fiscal year 2025, against $25.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Aetherion Technologies Inc. scores 81/100 among other emerging companies.
Aetherion Technologies Inc. scores -16.42, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $1.2B against total assets of $94.0M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Aetherion Technologies Inc. passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Aetherion Technologies Inc. reported a net loss of $61.6M while operations used $14.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Aetherion Technologies Inc. reported an operating loss of $14.2M against $613K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Aetherion Technologies Inc. earned -$0.65 per diluted share (EPS) in Q4 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Cash & Balance Sheet
Aetherion Technologies Inc. generated $3.7M in free cash flow in Q4 2025, representing cash available after capex. This represents a decrease of 81.2% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Aetherion Technologies Inc. held $27.2M in cash against $0 in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
Aetherion Technologies Inc. invested $784K in capex in Q4 2025, funding long-term assets and infrastructure. This represents a decrease of 51.7% from the same quarter a year earlier. Against the prior quarter it is up 52.5%.
Not reported for Q4 2025.
Not reported for Q4 2025.
AETR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q4'23Filing | Q4'22Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $1.6M-66.8% | $12.5M-11.4% | N/A | $4.9M | $14.1M | N/A | N/A |
| Cost of Revenue | N/A | $1.1M-72.8% | $11.7M-0.8% | N/A | $4.2M | $11.8M | N/A | N/A |
| Gross Profit | N/A | $472K-28.8% | $842K-64.3% | N/A | $663K | $2.4M | N/A | N/A |
| R&D Expenses | N/A | $2.3M+269.3% | $1.6M-54.5% | N/A | $628K | $3.5M | N/A | N/A |
| SG&A Expenses | N/A | $4.4M+17.2% | $4.4M-34.2% | N/A | $3.8M | $6.7M | N/A | N/A |
| Operating Income | N/A | -$7.7Mn/m | -$1.0Mn/m | N/A | -$2.1M | -$7.7M | N/A | N/A |
| EBITDA | N/A | -$7.5Mn/m | -$791Kn/m | N/A | -$1.9M | -$7.6M | N/A | N/A |
| Interest Expense | N/A | $142K-44.7% | $166K-42.4% | N/A | $257K | $288K | N/A | N/A |
| Income Tax | N/A | $14K-96.7% | $44K-48.2% | N/A | $430K | $85K | N/A | N/A |
| Net Income | N/A | -$13.7Mn/m | -$34.3M-690.4% | N/A | -$3.9M | $5.8M | N/A | N/A |
| EPS (Basic) | -$0.65n/m | -$0.79n/m | -$1.98-682.4% | -$0.58 | -$0.22 | $0.34 | N/A | N/A |
| EPS (Diluted) | -$0.65n/m | -$0.79n/m | -$1.98-682.4% | -$0.58 | -$0.22 | $0.34 | N/A | N/A |
| Diluted Shares (Avg) | N/A | 17M+0.5% | 17M-0.9% | N/A | 17M | 17M | N/A | N/A |
AETR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q4'23Filing | Q4'22Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $94.0M-67.8% | $104.1M | $272.1M | $291.6M-18.0% | N/A | N/A | $355.7M-12.7% | $407.5M-13.5% |
| Current Assets | $41.6M-75.5% | $50.8M | $228.0M | $169.9M-21.6% | N/A | N/A | $216.8M-21.8% | $277.2M-18.1% |
| Cash & Equivalents | $27.2M+84.1% | $33.1M+159.0% | $6.1M-55.0% | $14.8M+20.7% | $12.8M | $13.5M | $12.2M-85.8% | $86.2M-31.0% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0n/m | $0n/m |
| Inventory | $3.0M-54.5% | $3.4M | $2.9M | $6.7M-90.1% | N/A | N/A | $67.5M-17.3% | $81.6M-1.8% |
| Accounts Receivable | $10.2M-45.7% | $13.2M | $16.6M | $18.7M-78.7% | N/A | N/A | $88.1M-13.3% | $101.6M+0.1% |
| Long-Term Investments | $42.7M+14629.0% | $44.1Mn/m | $37.1Mn/m | $290K-52.4% | $0 | $0 | $609K+107.1% | $294K-92.3% |
| Goodwill | N/A | N/A | N/A | $2.9M-6.2% | N/A | N/A | $3.1M+3.7% | $3.0M-5.2% |
| Total Liabilities | $25.2M-83.7% | $23.9M | $163.2M | $154.6M-20.8% | N/A | N/A | $195.3M-4.0% | $203.5M-13.4% |
| Current Liabilities | $21.5M-80.1% | $21.3M | $159.5M | $108.4M-19.6% | N/A | N/A | $134.8M-0.5% | $135.5M-7.5% |
| Non-Current Liabilities | $3.6M-92.1% | $2.6M | $3.7M | $46.2M-23.6% | N/A | N/A | $60.5M-11.0% | $68.0M-23.2% |
| Long-Term Debt | $0-100.0% | $0 | $977K | $2.9M-90.5% | N/A | N/A | $31.0M-3.8% | $32.2M-28.7% |
| Total Equity | $68.8M-49.8% | $80.2M-46.3% | $108.9M-28.1% | $137.0M-14.6% | $149.3M | $151.5M | $160.4M-21.3% | $204.0M-13.7% |
| Retained Earnings | -$1.2Bn/m | -$1.1B | -$1.1B | -$1.1Bn/m | N/A | N/A | -$1.1Bn/m | -$1.0Bn/m |
AETR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q4'23Filing | Q4'22Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.5M-78.9% | -$4.5Mn/m | -$5.6M-468.9% | $21.1M | -$11.7M | $1.5M | N/A | N/A |
| Depreciation & Amortization | $166K+82.4% | $172K-23.6% | $219K+29.6% | $91K | $225K | $169K | N/A | N/A |
| Stock-Based Compensation | N/A | $397K+113.4% | $126K-43.2% | N/A | $186K | $222K | N/A | N/A |
| Capital Expenditures | $784K-51.7% | $514K+180.9% | $822K-34.9% | $1.6M | $183K | $1.3M | N/A | N/A |
| Free Cash Flow | $3.7M-81.2% | -$5.0Mn/m | -$6.4M-2559.5% | $19.5M | -$11.9M | $262K | N/A | N/A |
Not reported in any period shown, so not listed: Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
AETR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing | Q4'23Filing | Q4'22Filing |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 29.2%+15.6pp | 6.7%-10.0pp | N/A | 13.6% | 16.7% | N/A | N/A |
| Operating Margin | N/A | -476.8% | -8.1%+46.8pp | N/A | -43.9% | -54.9% | N/A | N/A |
| Net Margin | N/A | -848.9% | -274.8% | N/A | -79.3% | 41.2% | N/A | N/A |
| Return on Equity | N/A | -17.1%-14.5pp | -31.5%-35.4pp | N/A | -2.6% | 3.8% | N/A | N/A |
| Return on Assets | N/A | -13.2% | -12.6% | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.93+0.4x | 2.39 | 1.43 | 1.570.0x | N/A | N/A | 1.61-0.4x | 2.05-0.3x |
| Debt-to-Equity | 0.000.0x | 0.00 | 0.01 | 0.02-0.2x | N/A | N/A | 0.190.0x | 0.160.0x |
| Liabilities-to-Equity | 0.37-0.8x | 0.30 | 1.50 | 1.13-0.1x | N/A | N/A | 1.22+0.2x | 1.000.0x |
| Asset Turnover | N/A | 0.02 | 0.05 | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | N/A | -308.0% | -51.6%-53.4pp | N/A | -243.4% | 1.9% | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Aetherion Technologies Inc. AETR | FY2025 | $23.3M | -$61.6M | N/A | $34.4M | 55/100 |
| Sypris Solutions Inc SYPR | FY2025 | $119.9M | -$6.3M | -5.3% | $28.1M | 62/100 |
| Greenland Technologies Holding Corporation GTEC | FY2025 | $90.7M | $4.9M | 5.4% | $13.0M | 60/100 |
| Aspire-Lakewood Holdings, Inc. ASBP | FY2025 | $6K | N/A | N/A | $9.5M | — |
| INNEOVA Holdings Limited INEO | FY2025 | $58.4M | -$397K | -0.7% | $9.5M | 43/100 |
| Worksport, Ltd. WKSP | FY2025 | $16.1M | -$19.4M | N/A | $5.3M | 44/100 |
Where Aetherion Technologies Inc. Ranks
Frequently Asked Questions
Aetherion Technologies Inc. (AETR) reported $23.3M in total revenue for fiscal year 2025. This represents a -42.7% 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.
Aetherion Technologies Inc. (AETR) revenue declined by 42.7% year-over-year, from $40.7M to $23.3M in fiscal year 2025.
No, Aetherion Technologies Inc. (AETR) reported a net loss of $61.6M in fiscal year 2025.
Aetherion Technologies Inc. (AETR) had EBITDA of -$13.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Aetherion Technologies Inc. (AETR) had $27.2M in cash and equivalents against $0 in long-term debt.
Aetherion Technologies Inc. (AETR) had a gross margin of 11.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Aetherion Technologies Inc. (AETR) had an operating margin of -61.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Aetherion Technologies Inc. (AETR) has a return on equity of -89.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Aetherion Technologies Inc. (AETR) recorded an outflow of $16.9M in free cash flow during fiscal year 2025. This represents a -602.4% 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.
Aetherion Technologies Inc. (AETR) recorded an outflow of $14.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Aetherion Technologies Inc. (AETR) had $94.0M in total assets as of fiscal year 2025, including both current and long-term assets.
Aetherion Technologies Inc. (AETR) invested $2.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Aetherion Technologies Inc. (AETR) invested $5.8M in research and development during fiscal year 2025.
Aetherion Technologies Inc. (AETR) had a current ratio of 1.93 as of fiscal year 2025, which is generally considered healthy.
Aetherion Technologies Inc. (AETR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Aetherion Technologies Inc. (AETR) had a liabilities-to-equity ratio of 0.37 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Aetherion Technologies Inc. (AETR) had a return on assets of -65.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Aetherion Technologies Inc. (AETR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $34.4M as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Aetherion Technologies Inc. (AETR) trades at 1.5x sales, its market capitalization divided by $23.3M revenue, FY2025. The market capitalization is $34.4M as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2025, Aetherion Technologies Inc. (AETR) held $69.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $14.2M over that year. Dividing the one by the other, the reported balance equals about 59 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Aetherion Technologies Inc. (AETR) has an Altman Z-Score of -16.42, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Aetherion Technologies Inc. (AETR) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Aetherion Technologies Inc. (AETR) reported a net loss of $61.6M while operations used $14.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Aetherion Technologies Inc. (AETR) reported an operating loss of $14.2M against $613K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Aetherion Technologies Inc. (AETR) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.