Dss Inc Financials
This page shows Dss Inc (DSS) 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Dss Inc has an operating margin of -223.1%, meaning the company retains $-223 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 down from -195.8% the prior year.
Dss Inc's revenue declined 26.4% year-over-year, from $25.9M to $19.1M. This contraction results in a growth score of 0/100.
Dss Inc carries a low D/E ratio of 0.12, meaning only $0.12 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.
Dss Inc's current ratio of 1.03 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 21/100, which could limit financial flexibility.
While Dss Inc generated -$9.1M in operating cash flow, capex of $133K consumed most of it, leaving -$9.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Dss Inc passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Dss Inc generates $0.19 in operating cash flow (-$9.1M OCF vs -$46.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Dss Inc earns $-150.5 in operating income for every $1 of interest expense (-$42.6M vs $283K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Dss Inc generated $19.1M in revenue in fiscal year 2024. This represents a decrease of 26.4% from the prior year.
Dss Inc's EBITDA was -$40.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 11.4% from the prior year.
Dss Inc generated -$9.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 54.0% from the prior year.
Dss Inc reported -$46.9M in net income in fiscal year 2024. This represents an increase of 22.6% from the prior year.
Dss Inc earned $-6.63 per diluted share (EPS) in fiscal year 2024. This represents an increase of 19.1% from the prior year.
Dss Inc held $11.4M in cash against $2.4M in long-term debt as of fiscal year 2024.
Dss Inc had 8M shares outstanding in fiscal year 2024. This represents a decrease of 94.2% from the prior year.
Dss Inc's operating margin was -223.1% in fiscal year 2024, reflecting core business profitability. This is down 27.3 percentage points from the prior year.
Dss Inc's net profit margin was -245.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 11.8 percentage points from the prior year.
Dss Inc invested $278K in research and development in fiscal year 2024. This represents a decrease of 83.5% from the prior year.
Dss Inc invested $133K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 83.7% from the prior year.
DSS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4M+20.9% | $5.3M+6.7% | $5.0M-8.5% | $5.4M-3.3% | $5.6M+33.0% | $4.2M+8.8% | $3.9M+49.3% | $2.6M |
| Cost of Revenue | N/A | N/A | N/A | $5.3M+195.2% | $1.8M-25.1% | $2.4M-24.6% | $3.2M | N/A |
| Gross Profit | N/A | N/A | N/A | $144K-82.7% | $831K-24.5% | $1.1M-33.3% | $1.6M | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | $62K+4.6% | $59K | N/A |
| SG&A Expenses | $3.6M+10.8% | $3.2M-8.1% | $3.5M-87.3% | $27.5M+648.7% | $3.7M+5.6% | $3.5M-2.5% | $3.6M-88.2% | $30.3M |
| Operating Income | -$3.2M+5.6% | -$3.4M+8.1% | -$3.7M+86.8% | -$28.3M-506.1% | -$4.7M+5.3% | -$4.9M-5.4% | -$4.7M+86.1% | -$33.6M |
| Interest Expense | $38K-69.1% | $123K+272.7% | $33K-17.5% | $40K-24.5% | $53K-62.7% | $142K+195.8% | $48K-58.3% | $115K |
| Income Tax | -$1000K-21201.3% | $5K+107.1% | -$67K+96.2% | -$1.8M+81.0% | -$9.2M-4796.5% | -$188K-852.0% | $25K | N/A |
| Net Income | -$2.2M+14.5% | -$2.6M+50.8% | -$5.3M+83.9% | -$32.9M-522.0% | -$5.3M-12.8% | -$4.7M-15.0% | -$4.1M+60.6% | -$10.3M |
| EPS (Diluted) | $-0.19 | N/A | $-0.07+98.5% | $-4.64-518.7% | $-0.75-13.6% | $-0.66-13.8% | $-0.58 | $-1.01 |
DSS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $92.1M-1.4% | $93.4M+1.0% | $92.4M-13.2% | $106.5M-25.4% | $142.7M-1.2% | $144.4M-2.7% | $148.5M-3.1% | $153.2M |
| Current Assets | $17.1M-9.4% | $18.9M-64.3% | $52.8M-20.8% | $66.7M-3.1% | $68.8M+1.6% | $67.7M-6.2% | $72.2M-3.3% | $74.6M |
| Cash & Equivalents | $7.0M-25.2% | $9.4M-13.4% | $10.8M-5.2% | $11.4M-1.7% | $11.6M+8.5% | $10.7M+15.9% | $9.3M+39.9% | $6.6M |
| Inventory | $2.9M+12.9% | $2.5M+1.8% | $2.5M+2.3% | $2.4M-26.2% | $3.3M-7.4% | $3.6M-1.5% | $3.6M+28.7% | $2.8M |
| Accounts Receivable | $4.1M+54.0% | $2.7M+2.3% | $2.6M-14.4% | $3.1M+15.6% | $2.7M+4.8% | $2.5M-11.6% | $2.9M-28.3% | $4.0M |
| Goodwill | $1.8M0.0% | $1.8M0.0% | $1.8M0.0% | $1.8M-93.4% | $26.9M0.0% | $26.9M0.0% | $26.9M0.0% | $26.9M |
| Total Liabilities | $66.0M0.0% | $66.0M+5.4% | $62.6M-15.1% | $73.7M+1.0% | $73.0M-18.3% | $89.3M+0.7% | $88.6M+26.7% | $70.0M |
| Current Liabilities | $54.2M+0.7% | $53.8M-0.4% | $54.0M-16.9% | $65.0M+10.1% | $59.1M+2.5% | $57.7M+2.6% | $56.2M+1.1% | $55.6M |
| Long-Term Debt | $6.0M-3.3% | $6.2M+157.4% | $2.4M0.0% | $2.4M-67.8% | $7.4M+5.9% | $7.0M-5.4% | $7.4M-0.3% | $7.5M |
| Total Equity | $14.2M-9.4% | $15.7M-12.3% | $17.9M-11.7% | $20.2M-61.2% | $52.1M-5.5% | $55.2M-7.8% | $59.9M-6.4% | $63.9M |
| Retained Earnings | -$312.3M-0.7% | -$310.0M-0.7% | -$307.8M-1.6% | -$303.1M-12.2% | -$270.2M-2.0% | -$264.9M-1.8% | -$260.2M-1.6% | -$256.2M |
DSS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$8.0M-487.1% | $2.1M+226.3% | -$1.6M+48.7% | -$3.2M-913.7% | -$315K+90.8% | -$3.4M-59.3% | -$2.1M-216.8% | $1.8M |
| Capital Expenditures | $82K-10.9% | $92K+76.9% | $52K-50.0% | $104K | $0-100.0% | $26K+766.7% | $3K-97.8% | $139K |
| Free Cash Flow | -$8.1M-509.3% | $2.0M+216.9% | -$1.7M+48.7% | -$3.3M-946.7% | -$315K+90.9% | -$3.5M-60.2% | -$2.2M-226.5% | $1.7M |
| Investing Cash Flow | $1.9M+171.0% | -$2.7M-121.3% | $12.9M+1265.2% | -$1.1M-196.9% | $1.1M-69.0% | $3.7M-27.8% | $5.1M+272.8% | -$2.9M |
| Financing Cash Flow | $3.7M+551.8% | -$818K+93.0% | -$11.7M-385.4% | $4.1M+4610.3% | $87K-92.8% | $1.2M+491.0% | -$310K-137.5% | $826K |
| 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 |
DSS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | 2.6%-29.1pp | 31.8%+0.2pp | 31.6%-2.7pp | 34.3% | N/A |
| Operating Margin | -50.6%+14.2pp | -64.8%+10.4pp | -75.2%+447.5pp | -522.7%-439.3pp | -83.4%+33.8pp | -117.2%+3.7pp | -120.9%+1177.1pp | -1298.0% |
| Net Margin | -34.9%+14.5pp | -49.3%+57.6pp | -106.9%+499.8pp | -606.7%-512.3pp | -94.4%+16.9pp | -111.2%-6.0pp | -105.2%+293.2pp | -398.4% |
| Return on Equity | N/A | N/A | N/A | N/A | 11.9% | N/A | N/A | N/A |
| Return on Assets | -2.4%+0.4pp | -2.8%+2.9pp | -5.7%+25.1pp | -30.9%-27.2pp | -3.7%-0.5pp | -3.2%-0.5pp | -2.7%+4.0pp | -6.7% |
| Current Ratio | 0.32-0.0 | 0.35-0.6 | 0.98-0.0 | 1.03-0.1 | 1.160.0 | 1.17-0.1 | 1.28-0.1 | 1.34 |
| Debt-to-Equity | 0.42+0.0 | 0.39+0.3 | 0.13+0.0 | 0.12-0.0 | 0.14+0.0 | 0.130.0 | 0.120.0 | 0.12 |
| FCF Margin | -126.5%-163.9pp | 37.4%+71.5pp | -34.1%+26.8pp | -60.9%-55.3pp | -5.6%+76.3pp | -81.9%-26.3pp | -55.6%-121.3pp | 65.7% |
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Frequently Asked Questions
What is Dss Inc's annual revenue?
Dss Inc (DSS) reported $19.1M in total revenue for fiscal year 2024. This represents a -26.4% 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 Dss Inc's revenue growing?
Dss Inc (DSS) revenue declined by 26.4% year-over-year, from $25.9M to $19.1M in fiscal year 2024.
Is Dss Inc profitable?
No, Dss Inc (DSS) reported a net income of -$46.9M in fiscal year 2024, with a net profit margin of -245.6%.
What is Dss Inc's earnings per share (EPS)?
Dss Inc (DSS) reported diluted earnings per share of $-6.63 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 Dss Inc's EBITDA?
Dss Inc (DSS) had EBITDA of -$40.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Dss Inc have?
As of fiscal year 2024, Dss Inc (DSS) had $11.4M in cash and equivalents against $2.4M in long-term debt.
What is Dss Inc's operating margin?
Dss Inc (DSS) had an operating margin of -223.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Dss Inc's net profit margin?
Dss Inc (DSS) had a net profit margin of -245.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Dss Inc's free cash flow?
Dss Inc (DSS) generated -$9.2M in free cash flow during fiscal year 2024. This represents a 54.0% 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 Dss Inc's operating cash flow?
Dss Inc (DSS) generated -$9.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Dss Inc's total assets?
Dss Inc (DSS) had $106.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Dss Inc's capital expenditures?
Dss Inc (DSS) invested $133K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Dss Inc spend on research and development?
Dss Inc (DSS) invested $278K in research and development during fiscal year 2024.
How many shares does Dss Inc have outstanding?
Dss Inc (DSS) had 8M shares outstanding as of fiscal year 2024.
What is Dss Inc's current ratio?
Dss Inc (DSS) had a current ratio of 1.03 as of fiscal year 2024, which is considered adequate.
What is Dss Inc's debt-to-equity ratio?
Dss Inc (DSS) had a debt-to-equity ratio of 0.12 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dss Inc's return on assets (ROA)?
Dss Inc (DSS) had a return on assets of -44.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Dss Inc's cash runway?
Based on fiscal year 2024 data, Dss Inc (DSS) had $11.4M in cash against an annual operating cash burn of $9.1M. This gives an estimated cash runway of approximately 15 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 Dss Inc's Piotroski F-Score?
Dss Inc (DSS) has a Piotroski F-Score of 4 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 Dss Inc's earnings high quality?
Dss Inc (DSS) has an earnings quality ratio of 0.19x, 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 Dss Inc cover its interest payments?
Dss Inc (DSS) has an interest coverage ratio of -150.5x, 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 Dss Inc?
Dss Inc (DSS) scores 24 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.