ALT5 Sigma Corporation Financials

ALTS

Source SEC Filings (10-K/10-Q) Updated Sep 27, 2025 Currency USD FYE December

This page shows ALT5 Sigma Corporation (ALTS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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

Piotroski F-Score Neutral

5/9

ALT5 Sigma Corporation passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-0.28x

For every $1 of reported earnings, ALT5 Sigma Corporation generates $-0.28 in operating cash flow ($1.8M OCF vs -$6.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$12.5M

5Y CAGR-19.4%

10Y CAGR-19.8%

ALT5 Sigma Corporation generated $12.5M in revenue in fiscal year 2024.

EBITDA

-$4.2M

YoY+77.4%

ALT5 Sigma Corporation's EBITDA was -$4.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 77.4% from the prior year.

Free Cash Flow

N/A

Net Income

-$6.2M

YoY+20.1%

ALT5 Sigma Corporation reported -$6.2M in net income in fiscal year 2024. This represents an increase of 20.1% from the prior year.

EPS (Diluted)

$-0.56

ALT5 Sigma Corporation earned $-0.56 per diluted share (EPS) in fiscal year 2024. This represents an increase of 71.3% from the prior year.

Cash & Debt

$7.2M

YoY+143440.0%

5Y CAGR+43.1%

10Y CAGR+8.5%

ALT5 Sigma Corporation held $7.2M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

15M

ALT5 Sigma Corporation had 15M shares outstanding in fiscal year 2024. This represents an increase of 211.0% from the prior year.

Gross Margin

50.2%

5Y CAGR+20.2pp

10Y CAGR+24.6pp

ALT5 Sigma Corporation's gross margin was 50.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs.

Operating Margin

-60.3%

5Y CAGR-43.8pp

10Y CAGR-57.5pp

ALT5 Sigma Corporation's operating margin was -60.3% in fiscal year 2024, reflecting core business profitability.

Net Margin

-49.8%

5Y CAGR-34.6pp

10Y CAGR-45.9pp

ALT5 Sigma Corporation's net profit margin was -49.8% in fiscal year 2024, showing the share of revenue converted to profit.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

ALTS Income Statement

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Revenue	$12.5M	$0-100.0%	$35.0M+3.3%	$33.9M-3.5%	$35.1M-4.6%	$36.8M
Cost of Revenue	$6.2M	$0	$0-100.0%	$25.0M-8.3%	$27.3M+6.1%	$25.7M
Gross Profit	$6.3M	$0	$0-100.0%	$8.8M+13.4%	$7.8M-29.6%	$11.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$13.9M+192.0%	$4.7M+50.7%	$3.1M-82.3%	$17.8M-11.8%	$20.2M+17.9%	$17.1M
Operating Income	-$7.6M+61.9%	-$19.8M-530.2%	-$3.1M+65.0%	-$9.0M+27.6%	-$12.4M-103.9%	-$6.1M
Interest Expense	N/A	$2.3M+380.8%	$468K+192.9%	-$504K+65.9%	-$1.5M-321.6%	$668K
Income Tax	-$3.0M-608.9%	-$429K+93.5%	-$6.6M-1650.6%	$427K+113.4%	-$3.2M-339.8%	-$727K
Net Income	-$6.2M+20.1%	-$7.8M-171.1%	$11.0M+229.3%	-$8.5M+29.0%	-$12.0M-113.3%	-$5.6M
EPS (Diluted)	$-0.56	$-1.95-155.9%	$3.49+176.0%	$-4.59+32.3%	$-6.78	$-3.75

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q1'23	Q2'23	Q1'23	Q3'22
Revenue	$7.6M+18.8%	$6.4M+15.7%	$5.5M+1.7%	$5.4M	$0	$0	$0	$0
Cost of Revenue	$5.0M+37.4%	$3.6M+23.3%	$2.9M+13.0%	$2.6M	$0	$0	$0	$0
Gross Profit	$2.6M-5.5%	$2.8M+7.1%	$2.6M-8.6%	$2.8M	$0	$0	$0	$0
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$19.2M+293.5%	$4.9M+2.3%	$4.8M-12.2%	$5.4M+197.6%	$1.8M+72.0%	$1.1M-3.5%	$1.1M+79.9%	$611K
Operating Income	-$16.5M-689.5%	-$2.1M+3.5%	-$2.2M+16.2%	-$2.6M+84.7%	-$16.9M-1496.5%	-$1.1M+3.5%	-$1.1M-79.9%	-$611K
Interest Expense	$758K+1503.7%	-$54K+78.6%	-$252K-135.5%	-$107K-116.4%	$652K+78.6%	$365K-23.2%	$475K+15.9%	$410K
Income Tax	$12.1M+2897.0%	-$432K-251.6%	$285K+43.2%	$199K+224.4%	-$160K-841.2%	-$17K+92.5%	-$227K	$0
Net Income	$49.0M+637.2%	-$9.1M-218.6%	-$2.9M+26.0%	-$3.9M+78.3%	-$17.8M-14576.4%	$123K-98.8%	$10.1M+609.1%	-$2.0M
EPS (Diluted)	$0.29+159.2%	$-0.49	$-0.18+21.7%	$-0.23	$-5.08-17033.3%	$0.03-99.0%	$3.15+600.0%	$-0.63

ALTS Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Total Assets	$82.4M+345.9%	$18.5M-60.5%	$46.8M+71.2%	$27.3M-6.0%	$29.0M-17.1%	$35.0M
Current Assets	$35.0M+10015.9%	$346K-96.2%	$9.2M-12.8%	$10.5M+19.0%	$8.8M-1.1%	$8.9M
Cash & Equivalents	$7.2M+143440.0%	$5K-91.8%	$61K-98.8%	$5.1M+952.0%	$481K-59.7%	$1.2M
Inventory	N/A	N/A	$366K-63.7%	$1.0M-25.3%	$1.3M+68.3%	$801K
Accounts Receivable	$57K	$0-100.0%	$7.3M+98.7%	$3.7M-49.1%	$7.2M+42.7%	$5.1M
Goodwill	$11.7M	$0	N/A	N/A	N/A	N/A
Total Liabilities	$53.8M+146.7%	$21.8M-51.0%	$44.4M+136.2%	$18.8M+0.7%	$18.7M+39.2%	$13.4M
Current Liabilities	$40.9M+593.3%	$5.9M-75.3%	$23.9M+37.1%	$17.5M-0.7%	$17.6M+81.5%	$9.7M
Long-Term Debt	N/A	N/A	$1.3M	N/A	N/A	N/A
Total Equity	$20.9M+731.4%	-$3.3M-243.4%	$2.3M-72.8%	$8.5M-17.9%	$10.3M-52.1%	$21.6M
Retained Earnings	-$56.9M-12.3%	-$50.6M-18.2%	-$42.8M-17.6%	-$36.4M-28.1%	-$28.4M-72.0%	-$16.5M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q1'23	Q2'23	Q1'23	Q3'22
Total Assets	$1.6B+1632.1%	$94.7M+21.4%	$78.0M-5.4%	$82.4M+345.9%	$18.5M-46.0%	$34.2M-2.2%	$35.0M+18.2%	$29.6M
Current Assets	$44.8M+32.8%	$33.7M+6.1%	$31.8M-9.2%	$35.0M+10015.9%	$346K+21.0%	$286K-55.1%	$637K-93.2%	$9.4M
Cash & Equivalents	$7.3M-23.5%	$9.6M-11.6%	$10.8M+50.6%	$7.2M+143440.0%	$5K-97.0%	$169K-52.1%	$353K-59.3%	$868K
Inventory	$1.1M-41.4%	$1.8M+39.3%	$1.3M+258.7%	$366K	N/A	$494K-60.4%	$1.2M+201.0%	$415K
Accounts Receivable	$439K-49.2%	$865K-81.5%	$4.7M+8119.3%	$57K	$0-100.0%	$5.4M-10.1%	$6.1M-4.2%	$6.3M
Goodwill	$20.1M0.0%	$20.1M+71.9%	$11.7M0.0%	$11.7M	$0-100.0%	$38K0.0%	$38K0.0%	$38K
Total Liabilities	$80.1M+30.1%	$61.6M+26.1%	$48.8M-9.2%	$53.8M+146.7%	$21.8M+6.2%	$20.5M-4.2%	$21.4M-29.0%	$30.2M
Current Liabilities	$56.4M+47.4%	$38.3M+0.2%	$38.2M-6.7%	$40.9M+593.3%	$5.9M+103.8%	$2.9M-16.7%	$3.5M-85.4%	$23.8M
Long-Term Debt	$0-100.0%	$5.6M	$0-100.0%	$1.3M	N/A	$3.4M+26.8%	$2.7M+86.2%	$1.4M
Total Equity	$1.6B+5860.9%	$26.1M+19.3%	$21.8M+4.5%	$20.9M+731.4%	-$3.3M-124.2%	$13.7M+0.9%	$13.6M+2458.3%	-$575K
Retained Earnings	-$19.9M+71.1%	-$68.9M-15.3%	-$59.7M-5.0%	-$56.9M-12.3%	-$50.6M-55.3%	-$32.6M+0.4%	-$32.7M+25.6%	-$44.0M

ALTS Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Operating Cash Flow	$1.8M+21.5%	$1.5M+147.9%	-$3.1M-395.5%	-$617K+82.4%	-$3.5M-184.7%	$4.1M
Capital Expenditures	N/A	N/A	$808K+59.4%	$507K+139.2%	$212K-47.1%	$401K
Free Cash Flow	N/A	N/A	-$3.9M-243.9%	-$1.1M+69.8%	-$3.7M-199.4%	$3.7M
Investing Cash Flow	$5.9M+3876.1%	-$155K+89.7%	-$1.5M-80.9%	-$834K-341.7%	$345K+300.6%	-$172K
Financing Cash Flow	$6.1M+524.6%	-$1.4M-136.1%	$4.0M+183.4%	$1.4M-43.0%	$2.5M+140.3%	-$6.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q1'23	Q2'23	Q1'23	Q3'22
Operating Cash Flow	-$8.7M-68.6%	-$5.2M-236.0%	-$1.5M+21.0%	-$2.0M-377.3%	-$409K-255.7%	-$115K-104.7%	$2.4M+162.5%	-$3.9M
Capital Expenditures	-$9K-169.2%	$13K+62.5%	$8K-88.9%	$72K	N/A	$594K+367.7%	$127K+746.7%	$15K
Free Cash Flow	$571K+124.5%	-$2.3M-438.8%	$688K+193.2%	-$738K	N/A	-$1.2M-160.2%	$1.9M+149.5%	-$3.9M
Investing Cash Flow	-$711.4M-583234.4%	$122K	$0	$0-100.0%	$1K	$0+100.0%	-$156K-290.0%	-$40K
Financing Cash Flow	$715.7M+33049.0%	$2.2M+39.8%	$1.5M-61.6%	$4.0M	$0+100.0%	-$69K+96.6%	-$2.0M-156.8%	$3.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ALTS Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Gross Margin	50.2%	N/A	0.0%-26.1pp	26.1%+3.9pp	22.2%-7.9pp	30.0%
Operating Margin	-60.3%	N/A	-9.0%+17.6pp	-26.6%+8.9pp	-35.4%-18.9pp	-16.6%
Net Margin	-49.8%	N/A	31.4%+56.5pp	-25.1%+9.0pp	-34.1%-18.8pp	-15.2%
Return on Equity	N/A	N/A	476.5%	N/A	N/A	N/A
Return on Assets	-7.6%+34.7pp	-42.3%-65.8pp	23.5%+54.6pp	-31.1%+10.1pp	-41.2%-25.2pp	-16.0%
Current Ratio	0.85+0.8	0.06-0.3	0.38-0.2	0.60+0.1	0.50-0.4	0.92
Debt-to-Equity	2.57+9.2	-6.59-7.2	0.58-1.6	2.22+0.4	1.81+1.2	0.62
FCF Margin	N/A	N/A	-11.0%-7.7pp	-3.3%+7.3pp	-10.6%-20.8pp	10.2%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q1'23	Q2'23	Q1'23	Q3'22
Gross Margin	34.6%-8.9pp	43.5%-3.5pp	47.0%-5.3pp	52.3%	N/A	20.3%+3.9pp	16.4%-9.1pp	25.4%
Operating Margin	-218.3%-185.5pp	-32.9%+6.5pp	-39.4%+8.4pp	-47.8%	N/A	-33.1%-8.8pp	-24.3%-17.3pp	-7.0%
Net Margin	646.4%+789.3pp	-142.9%-91.0pp	-51.9%+19.4pp	-71.3%	N/A	-57.9%-63.6pp	5.8%+13.8pp	-8.0%
Return on Equity	3.1%+0.6pp	2.6%-2.8pp	5.4%-119.8pp	125.2%	N/A	0.9%-73.5pp	74.4%+63.2pp	11.2%
Return on Assets	3.0%+12.6pp	-9.6%-6.0pp	-3.7%+1.0pp	-4.7%+91.6pp	-96.3%-96.7pp	0.4%-28.5pp	28.8%+35.5pp	-6.7%
Current Ratio	0.79-0.1	0.88+0.0	0.83-0.0	0.85+0.8	0.06-0.0	0.10-0.1	0.18-0.2	0.39
Debt-to-Equity	0.05-2.3	2.36+0.1	2.24-0.3	2.57+9.2	-6.59-8.1	1.50-0.1	1.58+4.1	-2.48
FCF Margin	4.7%+62.8pp	-58.2%-66.3pp	8.1%+10.3pp	-2.1%	N/A	-36.3%-29.0pp	-7.4%+2.9pp	-10.3%

Note: The current ratio is below 1.0 (0.85), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is ALT5 Sigma Corporation's annual revenue?

ALT5 Sigma Corporation (ALTS) reported $12.5M in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is ALT5 Sigma Corporation profitable?

No, ALT5 Sigma Corporation (ALTS) reported a net income of -$6.2M in fiscal year 2024, with a net profit margin of -49.8%.

What is ALT5 Sigma Corporation's earnings per share (EPS)?

ALT5 Sigma Corporation (ALTS) reported diluted earnings per share of $-0.56 for fiscal year 2024. 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 ALT5 Sigma Corporation's EBITDA?

ALT5 Sigma Corporation (ALTS) had EBITDA of -$4.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is ALT5 Sigma Corporation's gross margin?

ALT5 Sigma Corporation (ALTS) had a gross margin of 50.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is ALT5 Sigma Corporation's operating margin?

ALT5 Sigma Corporation (ALTS) had an operating margin of -60.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is ALT5 Sigma Corporation's net profit margin?

ALT5 Sigma Corporation (ALTS) had a net profit margin of -49.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is ALT5 Sigma Corporation's operating cash flow?

ALT5 Sigma Corporation (ALTS) generated $1.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are ALT5 Sigma Corporation's total assets?

ALT5 Sigma Corporation (ALTS) had $82.4M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does ALT5 Sigma Corporation have outstanding?

ALT5 Sigma Corporation (ALTS) had 15M shares outstanding as of fiscal year 2024.

What is ALT5 Sigma Corporation's current ratio?

ALT5 Sigma Corporation (ALTS) had a current ratio of 0.85 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is ALT5 Sigma Corporation's debt-to-equity ratio?

ALT5 Sigma Corporation (ALTS) had a debt-to-equity ratio of 2.57 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is ALT5 Sigma Corporation's return on assets (ROA)?

ALT5 Sigma Corporation (ALTS) had a return on assets of -7.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is ALT5 Sigma Corporation's Piotroski F-Score?

ALT5 Sigma Corporation (ALTS) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are ALT5 Sigma Corporation's earnings high quality?

ALT5 Sigma Corporation (ALTS) has an earnings quality ratio of -0.28x, considered mixed quality. 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.