What is Aura Systems's earnings per share (EPS)?

Aura Systems (AUSI) reported diluted earnings per share of $-0.19 for fiscal year 2025. This represents a -375.0% 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.

Aura Systems Financials

AUSI

Source SEC Filings (10-K/10-Q) Data as of Nov 30, 2025 Currency USD FYE February

This page shows Aura Systems (AUSI) 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).

Rhea AI AUSI FY2025 2026-04-22

Aura Systems is operating as a financing-dependent development business, with cash burn vastly exceeding today’s customer revenue.

Across FY2023-FY2025, operating cash burn stayed near -$3.1M annually while financing cash inflow ran at roughly $3.1M, implying the business has recently been kept operating by external funding rather than customer receipts. That support has not rebuilt liquidity: FY2025 cash was only $23K against current liabilities of $38.4M.

In FY2025, SG&A plus R&D reached $4.8M against only $50K of revenue, so the loss structure reflects a fixed cost base built for activity well beyond the current sales level. Free cash flow tracked operating cash flow closely, indicating the burn comes mainly from running the business rather than from heavy capital spending.

The balance-sheet strain intensified in FY2025: total liabilities jumped to $39.1M while total assets stayed around $1.5M, widening already negative equity. Current assets were only $281K, and shares outstanding continued to rise, so recent funding has not restored short-term flexibility and has left each share representing a smaller claim on the business.

Financial Health Signals

Financial health score pending refresh

We are recalculating Aura Systems's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

-515.39

Aura Systems scores -515.39, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($25.8M) relative to total liabilities ($39.1M). 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.

Piotroski F-Score Partial

1/5

Aura Systems passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Interest Coverage At Risk

-3.1x

Aura Systems earns $-3.1 in operating income for every $1 of interest expense (-$4.8M vs $1.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$50K

YoY-10.7%

5Y CAGR-42.9%

10Y CAGR-27.0%

Aura Systems generated $50K in revenue in fiscal year 2025. This represents a decrease of 10.7% from the prior year.

EBITDA

-$4.7M

YoY-76.2%

Aura Systems's EBITDA was -$4.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 76.2% from the prior year.

Net Income

N/A

EPS (Diluted)

$-0.19

YoY-375.0%

Aura Systems earned $-0.19 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 375.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$3.3M

YoY-10.2%

Aura Systems generated -$3.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 10.2% from the prior year.

Cash & Debt

$23K

YoY-81.5%

5Y CAGR+3.0%

10Y CAGR-4.1%

Aura Systems held $23K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

118M

YoY+13.1%

5Y CAGR+16.0%

Aura Systems had 118M shares outstanding in fiscal year 2025. This represents an increase of 13.1% from the prior year.

Margins & Returns

Gross Margin

42.0%

YoY+286.6pp

5Y CAGR-36.5pp

10Y CAGR-15.6pp

Aura Systems's gross margin was 42.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 286.6 percentage points from the prior year.

Operating Margin

-9628.0%

YoY-4699.4pp

5Y CAGR-9501.9pp

Aura Systems's operating margin was -9628.0% in fiscal year 2025, reflecting core business profitability. This is down 4699.4 percentage points from the prior year.

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

$1.2M

YoY+66.5%

5Y CAGR+48.6%

10Y CAGR+4.0%

Aura Systems invested $1.2M in research and development in fiscal year 2025. This represents an increase of 66.5% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$103K

YoY+368.2%

Aura Systems invested $103K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 368.2% from the prior year.

AUSI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$50K-10.7%	$56K-21.1%	$71K-29.0%	$100K-13.0%	$115K-86.0%	$822K
Cost of Revenue	$29K-85.0%	$193K+119.3%	$88K-29.0%	$124K+52.2%	$81K-54.0%	$177K
Gross Profit	$21K+115.3%	-$137K-705.9%	-$17K+29.2%	-$24K-171.7%	$33K-94.8%	$645K
R&D Expenses	$1.2M+66.5%	$750K-11.8%	$850K+39.1%	$611K+157.3%	$237K+37.7%	$172K
SG&A Expenses	$3.6M+91.5%	$1.9M-28.9%	$2.6M-5.7%	$2.8M+77.2%	$1.6M+25.2%	$1.3M
Operating Income	-$4.8M-74.4%	-$2.8M+21.2%	-$3.5M-2.1%	-$3.4M-92.6%	-$1.8M-71.8%	-$1.0M
Interest Expense	$1.5M+44.5%	$1.1M+46.4%	$727K-42.8%	$1.3M-0.7%	$1.3M+3.7%	$1.2M
Income Tax	N/A	N/A	-$1K	N/A	$800-91.9%	$10K
Net Income	N/A	-$4.2M-23.6%	-$3.4M+14.6%	-$4.0M-9021.1%	$45K+101.7%	-$2.6M
EPS (Diluted)	$-0.19-375.0%	$-0.040.0%	$-0.04+20.0%	$-0.05	$0.00+100.0%	$-0.05

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$80K	N/A	$185K	N/A	N/A	$3K-93.6%	$47K	N/A
Cost of Revenue	N/A	N/A	$25K	N/A	N/A	-$18K-138.3%	$47K	N/A
Gross Profit	$80K	N/A	$160K	N/A	N/A	N/A	$0	N/A
R&D Expenses	$459K+36.6%	$336K-4.8%	$353K	N/A	$196K-18.0%	$239K-22.9%	$310K	N/A
SG&A Expenses	$466K-19.4%	$578K+19.4%	$484K	N/A	$673K-70.2%	$2.3M+502.9%	$374K	N/A
Operating Income	-$845K+7.5%	-$914K-35.0%	-$677K	N/A	-$869K+64.9%	-$2.5M-261.5%	-$684K	N/A
Interest Expense	$359K-46.3%	$669K+73.8%	$385K	N/A	$479K+65.7%	$289K+6.6%	$271K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$5.5M+215.5%	-$4.8M-67.7%	-$2.8M	N/A	-$540K+91.5%	-$6.4M	N/A	N/A
EPS (Diluted)	$0.04+200.0%	$-0.04-100.0%	$-0.02	N/A	$0.00+100.0%	$-0.06+57.1%	$-0.14	N/A

AUSI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.5M+0.9%	$1.5M-16.3%	$1.7M-20.3%	$2.2M+13.0%	$1.9M+1644.9%	$111K
Current Assets	$281K-11.9%	$319K+2.2%	$312K-43.3%	$550K-8.3%	$600K+439.0%	$111K
Cash & Equivalents	$23K-81.5%	$124K+726.7%	$15K-90.0%	$150K-61.6%	$391K+1872.5%	$20K
Inventory	$38K+90.0%	$20K-87.1%	$155K+7.6%	$144K+52.9%	$94K+4.6%	$90K
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$39.1M+70.0%	$23.0M+4.4%	$22.0M-6.0%	$23.4M+1.5%	$23.1M-3.8%	$24.0M
Current Liabilities	$38.4M+153.2%	$15.2M+8.3%	$14.0M-36.9%	$22.2M+27.3%	$17.5M-8.2%	$19.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$37.6M-74.7%	-$21.5M-6.2%	-$20.3M+4.5%	-$21.2M-0.5%	-$21.1M+11.5%	-$23.9M
Retained Earnings	-$500.1M-4.4%	-$479.0M-0.9%	-$474.8M-0.7%	-$471.4M-0.9%	-$467.4M-0.1%	-$466.7M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$1.3M+17.6%	$1.1M-13.1%	$1.3M-12.8%	$1.5M-4.0%	$1.5M+2.3%	$1.5M-20.0%	$1.9M+28.5%	$1.5M
Current Assets	$445K+209.0%	$144K-27.6%	$199K-29.2%	$281K+8.5%	$259K+76.2%	$147K-67.5%	$452K+41.7%	$319K
Cash & Equivalents	$107K+345.8%	$24K+14.3%	$21K-8.7%	$23K+9.5%	$21K+40.0%	$15K-94.9%	$297K+139.5%	$124K
Inventory	$5K0.0%	$5K0.0%	$5K-86.8%	$38K0.0%	$38K+15.2%	$33K	N/A	$20K
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	$16K+6.7%	$15K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$38.2M-14.3%	$44.6M+9.2%	$40.9M+4.6%	$39.1M-4.7%	$41.0M-0.7%	$41.3M+10.0%	$37.5M+63.2%	$23.0M
Current Liabilities	$37.9M-14.4%	$44.3M+9.5%	$40.4M+5.2%	$38.4M+19.0%	$32.3M-3.1%	$33.4M+16.2%	$28.7M+89.0%	$15.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$36.9M+15.1%	-$43.5M-9.9%	-$39.6M-5.3%	-$37.6M+4.7%	-$39.5M+0.8%	-$39.8M-11.6%	-$35.6M-65.6%	-$21.5M
Retained Earnings	-$502.2M+1.1%	-$507.7M-0.9%	-$503.0M-0.6%	-$500.1M+0.2%	-$501.2M-0.1%	-$500.6M-1.3%	-$494.2M-3.2%	-$479.0M

AUSI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$3.2M-7.6%	-$3.0M+4.1%	-$3.1M-18.3%	-$2.6M-39.8%	-$1.9M-138.0%	-$794K
Capital Expenditures	$103K+368.2%	$22K-59.3%	$54K-72.4%	$196K+1155.3%	$16K	N/A
Free Cash Flow	-$3.3M-10.2%	-$3.0M+5.0%	-$3.2M-12.0%	-$2.8M-49.0%	-$1.9M	N/A
Investing Cash Flow	-$103K-368.2%	-$22K	N/A	N/A	N/A	N/A
Financing Cash Flow	$3.2M+3.2%	$3.1M+2.8%	$3.0M+17.1%	$2.6M+14.1%	$2.3M+399.7%	$455K
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	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	-$887K-16.1%	-$764K-2.4%	-$746K-0.8%	-$740K+14.4%	-$864K-3.5%	-$835K-6.5%	-$784K+4.0%	-$817K
Capital Expenditures	$8K	N/A	N/A	$36K	$0-100.0%	$31K-13.9%	$36K+3700.0%	-$1K
Free Cash Flow	-$895K	N/A	N/A	-$776K+10.2%	-$864K+0.2%	-$866K-5.6%	-$820K-0.2%	-$818K
Investing Cash Flow	-$8K	N/A	N/A	-$36K	$0+100.0%	-$31K+13.9%	-$36K-3700.0%	$1K
Financing Cash Flow	$978K+26.7%	$772K+3.8%	$744K-4.4%	$778K-10.6%	$870K+49.0%	$584K-41.2%	$993K+10.9%	$895K
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

AUSI Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	42.0%+286.6pp	-244.6%-220.7pp	-23.9%+0.1pp	-24.0%-53.1pp	29.1%-49.3pp	78.5%
Operating Margin	-9628.0%-4699.4pp	-4928.6%+5.2pp	-4933.8%-1503.8pp	-3430.0%-1880.1pp	-1549.9%-1423.8pp	-126.1%
Net Margin	N/A	-7528.6%-2725.8pp	-4802.8%-810.8pp	-3992.0%-4030.9pp	38.9%+356.1pp	-317.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-288.0%-93.0pp	-195.0%-13.1pp	-181.9%-184.2pp	2.3%+2343.9pp	-2341.6%
Current Ratio	0.01-0.0	0.020.0	0.020.0	0.020.0	0.03+0.0	0.01
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	-6652.0%-1264.5pp	-5387.5%-912.9pp	-4474.6%-1637.6pp	-2837.0%-1179.9pp	-1657.1%	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	100.0%	N/A	86.5%	N/A	N/A	N/A	0.0%	N/A
Operating Margin	-1056.3%	N/A	-365.9%	N/A	N/A	-82433.3%-80978.0pp	-1455.3%	N/A
Net Margin	6876.3%	N/A	-1535.7%	N/A	N/A	-213000.0%	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	418.0%+843.8pp	-425.7%-205.2pp	-220.6%	N/A	-35.1%+389.8pp	-424.9%	N/A	N/A
Current Ratio	0.010.0	0.000.0	0.000.0	0.010.0	0.010.0	0.00-0.0	0.020.0	0.02
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	-1118.8%	N/A	N/A	N/A	N/A	-28866.7%-27122.0pp	-1744.7%	N/A

Note: Shareholder equity is negative (-$37.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Aura Systems's annual revenue?

Aura Systems (AUSI) reported $50K in total revenue for fiscal year 2025. This represents a -10.7% 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.

How fast is Aura Systems's revenue growing?

Aura Systems (AUSI) revenue declined by 10.7% year-over-year, from $56K to $50K in fiscal year 2025.

What is Aura Systems's EBITDA?

Aura Systems (AUSI) had EBITDA of -$4.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Aura Systems's gross margin?

Aura Systems (AUSI) had a gross margin of 42.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Aura Systems's operating margin?

Aura Systems (AUSI) had an operating margin of -9628.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Aura Systems's free cash flow?

Aura Systems (AUSI) generated -$3.3M in free cash flow during fiscal year 2025. This represents a -10.2% 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 Aura Systems's operating cash flow?

Aura Systems (AUSI) generated -$3.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Aura Systems's total assets?

Aura Systems (AUSI) had $1.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Aura Systems's capital expenditures?

Aura Systems (AUSI) invested $103K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Aura Systems spend on research and development?

Aura Systems (AUSI) invested $1.2M in research and development during fiscal year 2025.

How many shares does Aura Systems have outstanding?

Aura Systems (AUSI) had 118M shares outstanding as of fiscal year 2025.

What is Aura Systems's current ratio?

Aura Systems (AUSI) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Aura Systems's cash runway?

Based on fiscal year 2025 data, Aura Systems (AUSI) had $23K in cash against an annual operating cash burn of $3.2M. 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.

Why is Aura Systems's debt-to-equity ratio negative or not reported?

Aura Systems (AUSI) has negative shareholder equity of -$37.6M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Aura Systems's Altman Z-Score?

Aura Systems (AUSI) has an Altman Z-Score of -515.39, 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.

What is Aura Systems's Piotroski F-Score?

Aura Systems (AUSI) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.

Can Aura Systems cover its interest payments?

Aura Systems (AUSI) has an interest coverage ratio of -3.1x, meaning it can struggle to cover its interest obligations. 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.