Davis Commoditie Financials
This page shows Davis Commoditie (DTCK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Thin trading spreads and tight working capital make Davis Commodities unusually sensitive to small operating shocks and collections timing.
From FY2023 to FY2024, gross margin fell from3.7% to1.8% , showing how little room this model has for spread compression before profit disappears. Free cash flow was-$782K and nearly mirrored operating cash flow because capex was negligible, so the setback came from the trading cycle itself rather than from a deliberate build-out of assets or capacity.
In FY2024, SG&A sat above gross profit, so even modest overhead became too heavy for the spread the business earned on its trades. The year ended with only
Earnings quality has swung sharply: FY2022 showed profit while operating cash flow 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 Davis Commoditie'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.
Davis Commoditie has an operating margin of -2.8%, meaning the company retains $-3 of operating profit per $100 of revenue. This below-average margin results in a low score of 17/100, suggesting thin profitability after operating expenses. This is up from -2.8% the prior year.
Davis Commoditie's revenue surged 39.2% year-over-year to $184.2M, reflecting rapid business expansion. This strong growth earns a score of 30/100.
Davis Commoditie has elevated debt relative to equity (D/E of 7.35), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Davis Commoditie's current ratio of 1.18 is below the typical benchmark, resulting in a score of 19/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Davis Commoditie generated -$1.0M in operating cash flow, capex of $2K consumed most of it, leaving -$1.0M in free cash flow. This results in a low score of 24/100, reflecting heavy capital investment rather than weak cash generation.
Davis Commoditie generates a -197.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -52.5% the prior year.
Davis Commoditie passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Davis Commoditie generates $0.20 in operating cash flow (-$1.0M OCF vs -$5.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Davis Commoditie earns $-12.0 in operating income for every $1 of interest expense (-$5.2M vs $433K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Davis Commoditie generated $184.2M in revenue in fiscal year 2025. This represents an increase of 39.2% from the prior year.
Davis Commoditie's EBITDA was -$5.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 42.7% from the prior year.
Davis Commoditie reported -$5.0M in net income in fiscal year 2025. This represents a decrease of 42.7% from the prior year.
Cash & Balance Sheet
Davis Commoditie generated -$1.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 32.0% from the prior year.
Davis Commoditie held $1.4M in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Davis Commoditie's gross margin was 1.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.
Davis Commoditie's operating margin was -2.8% in fiscal year 2025, reflecting core business profitability. This is down 0.0 percentage points from the prior year.
Davis Commoditie's net profit margin was -2.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.1 percentage points from the prior year.
Davis Commoditie's ROE was -197.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 144.5 percentage points from the prior year.
Capital Allocation
Davis Commoditie invested $2K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 60.0% from the prior year.
DTCK Income Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
DTCK Balance Sheet
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Total Assets | $21.4M-47.3% | $40.5M+106.0% | $19.7M-34.1% | $29.9M+66.9% | $17.9M |
| Current Assets | $20.8M-37.4% | $33.3M+172.5% | $12.2M-47.5% | $23.3M+32.9% | $17.5M |
| Cash & Equivalents | $1.4M-15.7% | $1.7M+145.0% | $678K-49.0% | $1.3M-47.6% | $2.5M |
| Inventory | $189K+53.7% | $123K-61.4% | $319K-40.6% | $537K-75.3% | $2.2M |
| Accounts Receivable | $10.7M-60.8% | $27.3M+254.5% | $7.7M-49.6% | $15.3M+227.9% | $4.7M |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $18.8M-44.4% | $33.8M+160.7% | $13.0M-33.9% | $19.6M+65.0% | $11.9M |
| Current Liabilities | $17.6M-45.8% | $32.6M+178.7% | $11.7M-39.0% | $19.2M+68.7% | $11.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.6M-62.2% | $6.8M+0.5% | $6.7M-34.4% | $10.3M+70.6% | $6.0M |
| Retained Earnings | -$2.6M-203.6% | $2.5M+1.7% | $2.5M-59.0% | $6.0M+22.2% | $4.9M |
DTCK Cash Flow Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
DTCK Financial Ratios
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.18+0.2 | 1.02-0.0 | 1.04-0.2 | 1.21-0.3 | 1.54 |
| Debt-to-Equity | 7.35+2.4 | 5.00+3.1 | 1.93+0.0 | 1.91-0.1 | 1.98 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Davis Commoditie's annual revenue?
Davis Commoditie (DTCK) reported $184.2M in total revenue for fiscal year 2025. This represents a 39.2% 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 Davis Commoditie's revenue growing?
Davis Commoditie (DTCK) revenue grew by 39.2% year-over-year, from $132.4M to $184.2M in fiscal year 2025.
Is Davis Commoditie profitable?
No, Davis Commoditie (DTCK) reported a net income of -$5.0M in fiscal year 2025, with a net profit margin of -2.7%.
What is Davis Commoditie's EBITDA?
Davis Commoditie (DTCK) had EBITDA of -$5.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Davis Commoditie's gross margin?
Davis Commoditie (DTCK) had a gross margin of 1.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Davis Commoditie's operating margin?
Davis Commoditie (DTCK) had an operating margin of -2.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Davis Commoditie's net profit margin?
Davis Commoditie (DTCK) had a net profit margin of -2.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Davis Commoditie's return on equity (ROE)?
Davis Commoditie (DTCK) has a return on equity of -197.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Davis Commoditie's free cash flow?
Davis Commoditie (DTCK) generated -$1.0M in free cash flow during fiscal year 2025. This represents a -32.0% 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 Davis Commoditie's operating cash flow?
Davis Commoditie (DTCK) generated -$1.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Davis Commoditie's total assets?
Davis Commoditie (DTCK) had $21.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Davis Commoditie's capital expenditures?
Davis Commoditie (DTCK) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Davis Commoditie's current ratio?
Davis Commoditie (DTCK) had a current ratio of 1.18 as of fiscal year 2025, which is considered adequate.
What is Davis Commoditie's debt-to-equity ratio?
Davis Commoditie (DTCK) had a debt-to-equity ratio of 7.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Davis Commoditie's return on assets (ROA)?
Davis Commoditie (DTCK) had a return on assets of -23.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Davis Commoditie's cash runway?
Based on fiscal year 2025 data, Davis Commoditie (DTCK) had $1.4M in cash against an annual operating cash burn of $1.0M. This gives an estimated cash runway of approximately 16 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 Davis Commoditie's Piotroski F-Score?
Davis Commoditie (DTCK) has a Piotroski F-Score of 3 out of 9, indicating weak 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Davis Commoditie's earnings high quality?
Davis Commoditie (DTCK) has an earnings quality ratio of 0.20x, 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 Davis Commoditie cover its interest payments?
Davis Commoditie (DTCK) has an interest coverage ratio of -12.0x, 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 Davis Commoditie?
Davis Commoditie (DTCK) scores 15 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.