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SMART POWERR CORP (CREG) Financials

CREG
FY2025 annual
Revenue $173K YoY not available
Net Income -$2.9M -86.0% YoY
EPS (Diluted) -$0.19 YoY not available
Operating Cash Flow $66.9M +721.6% YoY
Market Cap $467K as of Sep 18, 2026
Price / Sales 2.7x on $173K revenue, FY2025
Price / Earnings n/m net loss, so no earnings multiple, FY2025
Price / Book 0.0x on $147.7M equity, Q1 FY2026

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 Sep 18, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CREG SEC filings page.

SMART POWERR CORP (CREG) reported $173K in revenue for fiscal year 2025. 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 (10-K and 10-Q reports).

Rhea AI CREG FY2025

A large, lightly leveraged asset base is producing very little reported revenue, while cash movement is driven outside net earnings.

In FY2025, operating cash flow was $66.9M despite a net loss of -$2.9M; investing used $99.5M and financing supplied $32.1M. That combination means accounting earnings are not tracking cash movement: non-earnings cash changes generated the operating inflow, which was then largely redeployed into investments and supplemented by financing.

The balance sheet is equity-funded rather than debt-driven: $14.5M of liabilities sits against $157.6M of assets, while the debt-to-equity ratio is just 0.1x. A current ratio of 14.1x indicates substantial reported current-asset coverage relative to near-term obligations, although the composition of those assets matters.

FY2025 revenue of $173K was below the $414K reported in FY2021, so the disclosed operating base has not established a clear scale trajectory; FY2022-FY2024 revenue is unavailable. Meanwhile, selling, general and administrative expense reached $3.1M against an operating loss of -$3.0M, showing a cost structure far larger than current reported revenue.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

SMART POWERR CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress
0.49

SMART POWERR CORP scores 0.49, below the 1.81 distress threshold. 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
3/6

SMART POWERR CORP passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Mixed
N/A

SMART POWERR CORP reported a net loss of $2.9M while generating $66.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

SMART POWERR CORP reported an operating loss of $3.0M against $422K 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

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Earnings & Revenue

Revenue
$108K
YoY+425.3%

SMART POWERR CORP generated $108K in revenue in Q1 2026. This represents an increase of 425.3% from the same quarter a year earlier.

Net Income
-$547K
YoY+38.1%

SMART POWERR CORP reported -$547K in net income in Q1 2026. This represents an increase of 38.1% from the same quarter a year earlier.

EPS (Diluted)
-$0.03
QoQ0.0%

SMART POWERR CORP earned -$0.03 per diluted share (EPS) in Q1 2026. It is unchanged from the prior quarter.

EBITDA

Not reported for Q1 2026.

Cash & Balance Sheet

Cash & Debt
$158.8M
YoY+22.5%
QoQ+395342.1%
5Y CAGR+2.0%
10Y CAGR+16.5%

SMART POWERR CORP held $158.8M in cash as of Q1 2026; long-term debt is not reported for that period.

Shares Outstanding
23M
QoQ0.0%
5Y CAGR+48.5%
10Y CAGR-12.1%

SMART POWERR CORP had 23M shares outstanding in Q1 2026. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin
50.5%
YoY+7.7pp

SMART POWERR CORP's gross margin was 50.5% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 7.7 percentage points from the same quarter a year earlier.

Return on Equity
-0.4%
YoY+0.4pp

SMART POWERR CORP's ROE was -0.4% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the same quarter a year earlier.

Operating Margin

Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

R&D Spending
$593K
YoY-49.3%

SMART POWERR CORP invested $593K in research and development in Q1 2026. This represents a decrease of 49.3% from the same quarter a year earlier.

Share Buybacks

Not reported for Q1 2026.

Capital Expenditures

Not reported for Q1 2026.

CREG 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.

CREG quarterly income statement
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Revenue$108K+425.3%N/A$91K$62K$21KN/AN/AN/A
Cost of Revenue$54K+354.7%N/A$47K$36K$12KN/AN/AN/A
Gross Profit$55K+519.9%N/A$44K$27K$9KN/AN/AN/A
R&D Expenses$593K-49.3%N/AN/AN/A$1.2MN/AN/AN/A
SG&A ExpensesN/AN/A$258K+36.9%$1.1M+199.9%$1.2M+461.9%N/A$188K+28.2%$351K-6.3%
Operating Income-$539K+53.7%N/A-$213K-13.4%-$1.0M-192.3%-$1.2M-457.7%N/A-$188K-28.2%-$351K+6.3%
EBITDAN/AN/A-$198KN/AN/AN/AN/AN/A
Interest Expense$61K+3130.1%N/A$115K+15.5%$251K+150.8%-$2K-101.9%N/A$100K-9.5%$100K-8.2%
Income Tax$73K+115.0%N/A$5K$828$34K+139.2%N/AN/AN/A
Net Income-$547K+38.1%N/A-$300K-14.3%-$1.2M-203.8%-$884K-216.1%N/A-$263K-45.4%-$410K-65.3%
EPS (Basic)-$0.03+66.7%-$0.03+57.1%-$0.08-166.7%-$0.050.0%-$0.09-200.0%-$0.07-133.3%-$0.03-50.0%-$0.05-66.7%
EPS (Diluted)-$0.03-$0.03-$0.08-$0.05-$0.09-$0.07-133.3%-$0.03-50.0%-$0.05-66.7%
Diluted Shares (Avg)21MN/A4M25M10MN/A9M+9.2%8M+7.1%

CREG 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.

CREG quarterly balance sheet
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Total Assets$159.7M+22.1%$157.6M+30.0%$133.0M-3.4%$132.2M-2.4%$130.7M-4.1%$121.2M-11.2%$137.7M+2.2%$135.5M+1.2%
Current Assets$158.9M+22.3%$156.8M+29.5%$132.1M-3.9%$131.3M-3.0%$129.9M-4.6%$121.1M-11.2%$137.5M+2.1%$135.3M+1.0%
Cash & Equivalents$158.8M+22.5%$40K+58.5%$131.9M+90.8%$131.1M+92.5%$129.6M+89.0%$25K-21.7%$69.1M+1.7%$68.1M+14829.6%
Short-Term Investments$0$0$0$0$0$0-100.0%$0$0-100.0%
Accounts ReceivableN/AN/AN/AN/AN/A$0N/AN/A
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$11.9M-27.4%$14.5M-12.2%$14.8M-46.2%$16.1M-40.8%$16.5M-39.4%$16.5M-39.4%$27.4M+0.7%$27.3M+0.1%
Current Liabilities$8.6M-34.1%$11.1M-14.9%$14.7M-38.7%$12.7M-46.5%$13.0M-44.9%$13.1M-45.1%$24.0M+3.2%$23.8M+2.3%
Non-Current Liabilities$3.4M-1.7%$3.4M-1.7%$29K-99.1%$3.4M-1.8%$3.4M-1.9%$3.4M+1.7%$3.4M-13.8%$3.4M-13.1%
Total Equity$147.7M+29.2%$143.1M+36.7%$118.2M+7.2%$116.1M+7.2%$114.3M+4.7%$104.7M-4.1%$110.2M+2.5%$108.2M+1.4%
Retained Earnings-$65.5M-4.1%-$65.0M-4.7%-$64.5M-4.9%-$64.2M-4.9%-$62.9M-3.6%-$62.1M-2.6%-$61.4M-2.0%-$61.2M-1.8%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

CREG 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.

CREG quarterly cash flow statement
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Operating Cash Flow-$126K-100.2%N/A-$53K+35.8%-$131K-103.3%$64.6M+35315.6%-$10.4M-6429.3%-$83K-110.6%-$65K+99.9%
Depreciation & AmortizationN/AN/A$15KN/AN/AN/AN/AN/A
Stock-Based Compensation$438KN/AN/AN/AN/AN/AN/AN/A
Investing Cash Flow$156.8M+184.1%N/A$0+100.0%$0+100.0%$55.2M-19.5%-$57.5M-$40K-$22K-100.0%
Financing Cash FlowN/AN/A$0$0$9.9MN/AN/AN/A

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

CREG 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.

CREG quarterly financial ratios
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Gross Margin50.5%+7.7ppN/A48.7%42.8%42.8%N/AN/AN/A
Operating Margin-497.1%N/A-235.1%-1648.0%-5635.8%N/AN/AN/A
Net Margin-505.2%N/A-330.7%-2000.9%-4288.3%N/AN/AN/A
Return on Equity-0.4%+0.4ppN/A-0.3%0.0pp-1.1%-0.7pp-0.8%-0.5ppN/A-0.2%-0.1pp-0.4%-0.1pp
Return on Assets-0.3%+0.3ppN/A-0.2%0.0pp-0.9%-0.6pp-0.7%-0.5ppN/A-0.2%-0.1pp-0.3%-0.1pp
Current Ratio18.49+8.5x14.07+4.8x8.97+3.2x10.31+4.6x9.96+4.2x9.25+3.5x5.73-0.1x5.68-0.1x
Debt-to-Equity0.08-0.1x0.10-0.1x0.12-0.1x0.14-0.1x0.14-0.1x0.16-0.1x0.250.0x0.250.0x
Asset Turnover0.000.0xN/A0.000.000.00N/AN/AN/A

Not reported in any period shown, so not listed: FCF Margin.

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.

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.

Company Fiscal year Revenue Net income Net margin Market cap Health score
SMART POWERR CORP CREG FY2025 $173K -$2.9M N/A $467K
Brenmiller Energy Ltd BNRG FY2025 $387K -$13.9M N/A $204K
Fusion Fuel Green PLC HTOO FY2023 N/A $4.0M N/A $15.3M
Eco Wave Power Global AB (publ) WAVE FY2025 $38K -$3.7M N/A $36.8M
NextNRG, Inc. NXXT FY2025 $81.8M -$85.7M N/A $19.2M 35/100

Frequently Asked Questions

What is SMART POWERR CORP's annual revenue?

SMART POWERR CORP (CREG) reported $173K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is SMART POWERR CORP profitable?

No, SMART POWERR CORP (CREG) reported a net income of -$2.9M in fiscal year 2025.

What is SMART POWERR CORP's earnings per share (EPS)?

SMART POWERR CORP (CREG) reported diluted earnings per share of -$0.19 for fiscal year 2025. 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.

SMART POWERR CORP (CREG) had a gross margin of 67.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

SMART POWERR CORP (CREG) has a return on equity of -2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

SMART POWERR CORP (CREG) generated $66.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

SMART POWERR CORP (CREG) had $157.6M in total assets as of fiscal year 2025, including both current and long-term assets.

SMART POWERR CORP (CREG) had 23M shares outstanding as of fiscal year 2025.

SMART POWERR CORP (CREG) had a current ratio of 14.07 as of fiscal year 2025, which is generally considered healthy.

SMART POWERR CORP (CREG) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

SMART POWERR CORP (CREG) had a return on assets of -1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

SMART POWERR CORP (CREG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $467K as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SMART POWERR CORP (CREG) trades at 2.7x sales, its market capitalization divided by revenue of $173K revenue, FY2025. The market capitalization is $467K as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SMART POWERR CORP (CREG) has an Altman Z-Score of 0.49, 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.

SMART POWERR CORP (CREG) has a Piotroski F-Score of 3 out of 6 computable signals; 3 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.

SMART POWERR CORP (CREG) reported a net loss of $2.9M while generating $66.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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.

SMART POWERR CORP (CREG) reported an operating loss of $3.0M against $422K 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.

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