Crown Electr Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Crown Electr has an operating margin of -122.5%, meaning the company retains $-122 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 up from -12619.6% the prior year.
Crown Electr's revenue surged 12776.5% year-over-year to $19.7M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Crown Electr carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.13, Crown Electr holds $2.13 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 65/100.
While Crown Electr generated -$18.2M in operating cash flow, capex of $6.1M consumed most of it, leaving -$24.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Crown Electr passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Crown Electr generates $0.70 in operating cash flow (-$18.2M OCF vs -$25.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Crown Electr earns $-24.3 in operating income for every $1 of interest expense (-$24.1M vs $994K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Crown Electr (CRKN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
Key Financial Metrics
Crown Electr generated $19.7M in revenue in fiscal year 2024. This represents an increase of 12776.5% from the prior year.
Crown Electr's EBITDA was -$23.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 23.9% from the prior year.
Crown Electr generated -$24.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 32.7% from the prior year.
Crown Electr reported -$25.9M in net income in fiscal year 2024. This represents an increase of 10.5% from the prior year.
Crown Electr earned $-548.26 per diluted share (EPS) in fiscal year 2024. This represents an increase of 99.5% from the prior year.
Crown Electr held $13.7M in cash against $924K in long-term debt as of fiscal year 2024.
Crown Electr had 790,774 shares outstanding in fiscal year 2024. This represents an increase of 68963.2% from the prior year.
Crown Electr's gross margin was -3.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 506.8 percentage points from the prior year.
Crown Electr's operating margin was -122.5% in fiscal year 2024, reflecting core business profitability. This is up 12497.2 percentage points from the prior year.
Crown Electr's net profit margin was -131.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 18812.1 percentage points from the prior year.
Crown Electr invested $3.4M in research and development in fiscal year 2024. This represents an increase of 20.0% from the prior year.
Crown Electr invested $6.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 182.8% from the prior year.
CRKN Income Statement
| Metric | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M-56.2% | $6.3M-21.2% | $8.0M+72.9% | $4.6M+4844.7% | $94K | $0-100.0% | $37K+68.2% | $22K |
| Cost of Revenue | N/A | $1.6M-75.3% | $6.6M+64.0% | $4.0M+385.5% | $832K | $0-100.0% | $23K-25.8% | $31K |
| Gross Profit | -$1.0M+40.7% | -$1.7M-221.2% | $1.4M+132.2% | $609K+177.5% | -$786K | $0-100.0% | $14K+255.6% | -$9K |
| R&D Expenses | $1.2M+91.1% | $638K-11.4% | $720K-35.2% | $1.1M-13.3% | $1.3M+160.6% | $492K+0.4% | $490K-9.4% | $541K |
| SG&A Expenses | $7.7M+1.3% | $7.6M+16.3% | $6.5M+55.4% | $4.2M-5.1% | $4.4M+49.9% | $2.9M-32.0% | $4.3M+27.5% | $3.4M |
| Operating Income | -$9.9M-2.1% | -$9.7M-66.9% | -$5.8M-18.4% | -$4.9M+28.5% | -$6.9M-99.9% | -$3.4M+29.7% | -$4.9M-18.4% | -$4.1M |
| Interest Expense | N/A | -$11K | $0-100.0% | $145K-94.1% | $2.4M+0.1% | $2.4M-2.5% | $2.5M+24.3% | $2.0M |
| Income Tax | N/A | $0 | N/A | $0 | N/A | N/A | $0 | $0 |
| Net Income | -$9.7M+7.3% | -$10.4M-78.1% | -$5.9M-16.6% | -$5.0M+46.0% | -$9.3M-225.5% | -$2.9M+80.3% | -$14.5M-531.3% | -$2.3M |
| EPS (Diluted) | $-5.79+99.8% | $-2881.11 | N/A | N/A | N/A | N/A | N/A | N/A |
CRKN Balance Sheet
| Metric | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $43.5M+24.3% | $35.0M+98.5% | $17.6M+10.2% | $16.0M+67.9% | $9.5M-21.7% | $12.2M+0.2% | $12.1M-32.4% | $18.0M |
| Current Assets | $31.3M+32.8% | $23.6M+169.5% | $8.8M-4.6% | $9.2M+390.6% | $1.9M-29.8% | $2.7M+236.1% | $792K-72.3% | $2.9M |
| Cash & Equivalents | $22.4M+63.9% | $13.7M+343.8% | $3.1M-22.6% | $4.0M+276.8% | $1.1M-48.5% | $2.1M+5611.1% | $36K-98.3% | $2.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $4.9M-7.8% | $5.4M+10.0% | $4.9M+45.3% | $3.4M+3937.3% | $83K | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | $652K0.0% | $652K0.0% | $652K0.0% | $652K |
| Total Liabilities | $7.6M-40.3% | $12.7M+65.4% | $7.7M+6.7% | $7.2M+48.8% | $4.8M+67.7% | $2.9M-61.9% | $7.6M-25.8% | $10.2M |
| Current Liabilities | $6.1M-44.7% | $11.1M+76.9% | $6.3M+9.0% | $5.7M+52.0% | $3.8M+48.9% | $2.5M-64.9% | $7.2M-19.8% | $9.0M |
| Long-Term Debt | $870K-5.8% | $924K+111.0% | $438K-53.0% | $932K | N/A | N/A | N/A | N/A |
| Total Equity | $35.9M+61.3% | $22.2M+124.2% | $9.9M+13.0% | $8.8M+87.8% | $4.7M-49.6% | $9.3M+103.5% | $4.6M-41.2% | $7.7M |
| Retained Earnings | -$152.6M-6.8% | -$142.9M-7.9% | -$132.5M-4.6% | -$126.6M-8.2% | -$117.0M-8.6% | -$107.7M-2.7% | -$104.8M-16.1% | -$90.3M |
CRKN Cash Flow Statement
| Metric | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$11.0M-71.6% | -$6.4M-120.7% | -$2.9M+52.9% | -$6.2M-42.0% | -$4.3M-27.1% | -$3.4M+6.5% | -$3.7M+22.6% | -$4.7M |
| Capital Expenditures | $1.7M-58.8% | $4.0M | N/A | N/A | $1.1M | N/A | N/A | N/A |
| Free Cash Flow | -$12.7M-21.4% | -$10.4M | N/A | N/A | -$5.4M | N/A | N/A | N/A |
| Investing Cash Flow | -$1.7M+57.8% | -$3.9M-76.4% | -$2.2M-31885.7% | $7K+100.6% | -$1.1M-188.1% | -$378K-39.5% | -$271K+74.9% | -$1.1M |
| Financing Cash Flow | $21.4M+2.2% | $21.0M+395.3% | $4.2M-57.1% | $9.9M+122.2% | $4.4M-23.7% | $5.8M+218.2% | $1.8M-74.3% | $7.1M |
| 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 |
CRKN Financial Ratios
| Metric | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -36.7%-9.6pp | -27.1%-44.6pp | 17.6%+4.5pp | 13.1%+849.3pp | -836.2% | N/A | 37.8%+78.8pp | -40.9% |
| Operating Margin | -357.1%-204.0pp | -153.1%-80.8pp | -72.3%+33.3pp | -105.6%+7196.5pp | -7302.1% | N/A | -13202.7%+5551.9pp | -18754.5% |
| Net Margin | -349.4%-184.5pp | -164.8%-91.9pp | -73.0%+35.2pp | -108.2%+9791.8pp | -9900.0% | N/A | -39240.5%-28786.0pp | -10454.6% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -22.3%+7.6pp | -29.8%+3.4pp | -33.3%-1.8pp | -31.4%+66.3pp | -97.7%-74.2pp | -23.5%+96.0pp | -119.5%-106.7pp | -12.8% |
| Current Ratio | 5.11+3.0 | 2.13+0.7 | 1.40-0.2 | 1.60+1.1 | 0.49-0.6 | 1.05+0.9 | 0.11-0.2 | 0.32 |
| Debt-to-Equity | 0.02-0.0 | 0.040.0 | 0.04-0.1 | 0.11-0.9 | 1.04+0.7 | 0.31-1.4 | 1.67+0.3 | 1.32 |
| FCF Margin | -457.2%-292.3pp | -164.8% | N/A | N/A | -5785.1% | N/A | N/A | N/A |
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Frequently Asked Questions
What is Crown Electr's annual revenue?
Crown Electr (CRKN) reported $19.7M in total revenue for fiscal year 2024. This represents a 12776.5% 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 Crown Electr's revenue growing?
Crown Electr (CRKN) revenue grew by 12776.5% year-over-year, from $153K to $19.7M in fiscal year 2024.
Is Crown Electr profitable?
No, Crown Electr (CRKN) reported a net income of -$25.9M in fiscal year 2024, with a net profit margin of -131.7%.
What is Crown Electr's earnings per share (EPS)?
Crown Electr (CRKN) reported diluted earnings per share of $-548.26 for fiscal year 2024. This represents a 99.5% 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.
What is Crown Electr's EBITDA?
Crown Electr (CRKN) had EBITDA of -$23.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Crown Electr have?
As of fiscal year 2024, Crown Electr (CRKN) had $13.7M in cash and equivalents against $924K in long-term debt.
What is Crown Electr's gross margin?
Crown Electr (CRKN) had a gross margin of -3.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Crown Electr's operating margin?
Crown Electr (CRKN) had an operating margin of -122.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Crown Electr's net profit margin?
Crown Electr (CRKN) had a net profit margin of -131.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Crown Electr's free cash flow?
Crown Electr (CRKN) generated -$24.3M in free cash flow during fiscal year 2024. This represents a -32.7% 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 Crown Electr's operating cash flow?
Crown Electr (CRKN) generated -$18.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Crown Electr's total assets?
Crown Electr (CRKN) had $35.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Crown Electr's capital expenditures?
Crown Electr (CRKN) invested $6.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Crown Electr spend on research and development?
Crown Electr (CRKN) invested $3.4M in research and development during fiscal year 2024.
How many shares does Crown Electr have outstanding?
Crown Electr (CRKN) had 790,774 shares outstanding as of fiscal year 2024.
What is Crown Electr's current ratio?
Crown Electr (CRKN) had a current ratio of 2.13 as of fiscal year 2024, which is generally considered healthy.
What is Crown Electr's debt-to-equity ratio?
Crown Electr (CRKN) had a debt-to-equity ratio of 0.04 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Crown Electr's return on assets (ROA)?
Crown Electr (CRKN) had a return on assets of -74.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Crown Electr's cash runway?
Based on fiscal year 2024 data, Crown Electr (CRKN) had $13.7M in cash against an annual operating cash burn of $18.2M. This gives an estimated cash runway of approximately 9 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 Crown Electr's Piotroski F-Score?
Crown Electr (CRKN) 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 Crown Electr's earnings high quality?
Crown Electr (CRKN) has an earnings quality ratio of 0.70x, 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.
Can Crown Electr cover its interest payments?
Crown Electr (CRKN) has an interest coverage ratio of -24.3x, 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.
How financially healthy is Crown Electr?
Crown Electr (CRKN) scores 53 out of 100 on our Financial Profile, indicating moderate 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.