Damon Inc Financials
This page shows Damon Inc (DMNIF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
DMNIF's numbers show a financing-dependent business where cash burn and near-term liabilities matter far more than current sales.
The clearest signal is an earnings-quality disconnect: the earlier annual period showed net income of$30.2M even though operating cash flow was-$12.9M . With the newer period back to a-$5.4M loss and operating cash flow still at-$19.6M , cash usage looks more representative of the core business than reported profit.
In the newer annual period, just
Liquidity pressure is immediate: cash was
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Damon 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.
Damon Inc has an operating margin of -5156.0%, meaning the company retains $-5156 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.
Damon Inc's current ratio of 0.24 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
For every $1 of reported earnings, Damon Inc generates $3.67 in operating cash flow (-$19.6M OCF vs -$5.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Damon Inc generated $223K in revenue in fiscal year 2025.
Damon Inc's EBITDA was -$11.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Damon Inc reported -$5.4M in net income in fiscal year 2025.
Cash & Balance Sheet
Damon Inc held $2.5M in cash against $5.7M in long-term debt as of fiscal year 2025.
Damon Inc had 2.45B shares outstanding in fiscal year 2025.
Margins & Returns
Damon Inc's gross margin was 51.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
Damon Inc's operating margin was -5156.0% in fiscal year 2025, reflecting core business profitability.
Damon Inc's net profit margin was -2402.2% in fiscal year 2025, showing the share of revenue converted to profit.
Capital Allocation
Damon Inc invested $3.0M in research and development in fiscal year 2025.
DMNIF Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $81K | N/A | $81K+64.4% | $50K-51.4% | $102K | N/A | N/A | N/A |
| Cost of Revenue | $40K | N/A | $40K+88.3% | $21K-46.2% | $40K | N/A | N/A | N/A |
| Gross Profit | $40K | N/A | $41K+46.3% | $28K-54.8% | $62K | N/A | N/A | N/A |
| R&D Expenses | $1.1M | N/A | $960K-3.8% | $997K+1642.9% | $57K | N/A | $1.8M+10311.4% | $17K |
| SG&A Expenses | $1.7M | N/A | $3.7M+69.6% | $2.2M+176.2% | $790K | N/A | $1.5M-15.6% | $1.8M |
| Operating Income | -$2.8M | N/A | -$19.3M | N/A | -$1.9M | N/A | -$3.5M | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | $50K | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | -$32.5M | N/A | N/A | N/A | $7.1M |
| Net Income | -$3.3M | N/A | -$25.2M-183.3% | $30.2M | N/A | N/A | -$13.1M-83.7% | -$7.1M |
| EPS (Diluted) | $-0.17 | N/A | $-0.50 | $2.33 | $-320.00 | N/A | $-1.06+61.6% | $-2.76 |
DMNIF Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8M-55.5% | $4.1M-52.9% | $8.7M-46.5% | $16.2M+1203.7% | $1.2M-29.0% | $1.8M | N/A | N/A |
| Current Assets | $1.2M-65.1% | $3.3M-57.6% | $7.9M+563.5% | $1.2M-4.0% | $1.2M+155.0% | $487K | N/A | N/A |
| Cash & Equivalents | $682K-72.5% | $2.5M-67.2% | $7.6M+858.2% | $789K+349.9% | $175K-55.7% | $396K+1547.6% | $24K-98.7% | $1.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $81K+263.8% | $22K-43.4% | $39K-57.9% | $93K+66.5% | $56K+82.7% | $31K | N/A | N/A |
| Goodwill | N/A | N/A | N/A | $14.0M | N/A | N/A | N/A | N/A |
| Total Liabilities | $15.0M+7.3% | $14.0M-52.1% | $29.2M+49.8% | $19.5M-65.0% | $55.6M+6.5% | $52.2M | N/A | N/A |
| Current Liabilities | $14.9M+7.5% | $13.8M-52.2% | $29.0M+114.8% | $13.5M+997.9% | $1.2M-97.6% | $51.8M | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | $5.7M+190.0% | $2.0M+31.0% | $1.5M | N/A | N/A |
| Total Equity | -$13.2M-33.3% | -$9.9M+53.6% | -$21.3M-550.3% | -$3.3M+94.0% | -$54.4M-7.7% | -$50.4M-3.0% | -$49.0M-34.9% | -$36.3M |
| Retained Earnings | -$149.3M-2.3% | -$146.0M-2.1% | -$143.0M-21.4% | -$117.8M-3448.7% | -$3.3M+97.6% | -$140.6M | N/A | N/A |
DMNIF Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.8M | N/A | -$8.0M-79.6% | -$4.5M-107.2% | -$2.2M-1.8% | -$2.1M-12.2% | -$1.9M+78.8% | -$8.9M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | $0-100.0% | $673K+213.0% | -$596K | N/A | N/A | N/A |
| Financing Cash Flow | -$37K | N/A | $14.8M+191.3% | $5.1M+170.7% | $1.9M-24.7% | $2.5M+54360.5% | -$5K-100.1% | $8.7M |
| 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 |
DMNIF Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.0% | N/A | 50.7%-6.3pp | 56.9%-4.2pp | 61.1% | N/A | N/A | N/A |
| Operating Margin | -3502.3% | N/A | -23714.0% | N/A | -1863.3% | N/A | N/A | N/A |
| Net Margin | -4092.7% | N/A | -30909.1%-91933.5pp | 61024.4% | N/A | N/A | 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 | -181.9% | N/A | -290.4%-476.9pp | 186.5% | N/A | N/A | N/A | N/A |
| Current Ratio | 0.08-0.2 | 0.24-0.0 | 0.27+0.2 | 0.09-0.9 | 1.01+1.0 | 0.01 | N/A | N/A |
| Debt-to-Equity | -1.14+0.3 | -1.41-0.0 | -1.37+0.4 | -1.75-1.7 | -0.040.0 | -0.03 | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$9.9M), 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 (0.24), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Damon Inc's annual revenue?
Damon Inc (DMNIF) reported $223K 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 Damon Inc profitable?
No, Damon Inc (DMNIF) reported a net income of -$5.4M in fiscal year 2025, with a net profit margin of -2402.2%.
What is Damon Inc's EBITDA?
Damon Inc (DMNIF) had EBITDA of -$11.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Damon Inc have?
As of fiscal year 2025, Damon Inc (DMNIF) had $2.5M in cash and equivalents against $5.7M in long-term debt.
What is Damon Inc's gross margin?
Damon Inc (DMNIF) had a gross margin of 51.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Damon Inc's operating margin?
Damon Inc (DMNIF) had an operating margin of -5156.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Damon Inc's net profit margin?
Damon Inc (DMNIF) had a net profit margin of -2402.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Damon Inc's operating cash flow?
Damon Inc (DMNIF) generated -$19.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Damon Inc's total assets?
Damon Inc (DMNIF) had $4.1M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Damon Inc spend on research and development?
Damon Inc (DMNIF) invested $3.0M in research and development during fiscal year 2025.
What is Damon Inc's current ratio?
Damon Inc (DMNIF) had a current ratio of 0.24 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Damon Inc's return on assets (ROA)?
Damon Inc (DMNIF) had a return on assets of -131.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Damon Inc's cash runway?
Based on fiscal year 2025 data, Damon Inc (DMNIF) had $2.5M in cash against an annual operating cash burn of $19.6M. This gives an estimated cash runway of approximately 2 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.
Are Damon Inc's earnings high quality?
Damon Inc (DMNIF) has an earnings quality ratio of 3.67x, 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.
How financially healthy is Damon Inc?
Damon Inc (DMNIF) scores 0 out of 100 on our Financial Profile, indicating weak 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.