Dyadic Intl Inc Del Financials
Dyadic Intl Inc Del (DYAI) reported $3.1M in revenue for fiscal year 2025, down 11.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
Commercial revenue is too small and too volatile to cover a largely fixed cost base, leaving external financing to fund operations.
FY2024’s margin step-up did not hold: gross margin fell from65.8% to24.9% in FY2025 while operating cash burn deepened, suggesting last year’s economics were not a stable new baseline. Because cash dropped to$4.6M despite$5.0M of financing inflow, the business is still being funded from outside rather than by customer cash receipts.
From FY2021 to FY2025, R&D spending fell from
Working capital quality weakened in FY2025: accounts receivable rose from
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Dyadic Intl Inc Del'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.
Dyadic Intl Inc Del scores -12.55, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($28.0M) relative to total liabilities ($8.7M). 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.
Dyadic Intl Inc Del passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Dyadic Intl Inc Del reported a net loss of $7.4M while operations used $5.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Dyadic Intl Inc Del generated $3.1M in revenue in fiscal year 2025. This represents a decrease of 11.6% from the prior year.
Dyadic Intl Inc Del reported -$7.4M in net income in fiscal year 2025. This represents a decrease of 26.8% from the prior year.
Dyadic Intl Inc Del earned -$0.23 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 15.0% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Dyadic Intl Inc Del held $4.6M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Dyadic Intl Inc Del's gross margin was 24.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 40.9 percentage points from the prior year.
Dyadic Intl Inc Del's ROE was -597.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 362.4 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Dyadic Intl Inc Del invested $2.2M in research and development in fiscal year 2025. This represents an increase of 5.4% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
DYAI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8M | $3.1M-11.6% | $3.5M+20.6% | $2.9M-1.1% | $2.9M+21.9% | $2.4M+50.1% | $1.6M-4.7% | $1.7M+29.8% | $1.3M+70.8% | $758K |
| Cost of Revenue | $3.2M | $2.3M+94.2% | $1.2M-39.5% | $2.0M-6.9% | $2.1M+9.2% | $1.9M+36.5% | $1.4M-2.4% | $1.5M+42.1% | $1.0M+51.0% | $680K |
| Gross Profit | $618K | $770K-66.5% | $2.3M+149.3% | $923K+14.4% | $807K+75.7% | $459K+159.6% | $177K-20.0% | $221K-17.5% | $268K+242.8% | $78K |
| R&D Expenses | $1.8M | $2.2M+5.4% | $2.0M-38.0% | $3.3M-26.7% | $4.5M-46.4% | $8.4M+117.0% | $3.9M+25.3% | $3.1M+46.9% | $2.1M+19.0% | $1.8M |
| SG&A Expenses | $6.2M | $5.8M-6.1% | $6.1M+5.5% | $5.8M-9.4% | $6.4M-4.1% | $6.7M+10.1% | $6.1M+10.2% | $5.5M+22.0% | $4.5M-10.1% | $5.0M |
| Operating Income | -$7.4M | -$7.2M-21.9% | -$5.9M+28.3% | -$8.2M+19.0% | -$10.2M+31.0% | -$14.7M-46.9% | -$10.0M-8.0% | -$9.3M-22.3% | -$7.6M-6.5% | -$7.1M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $31K+203.9% | $10K+101.0% | -$1.0M-1408.6% | -$67K |
| Net Income | -$7.6M | -$7.4M-26.8% | -$5.8M+14.5% | -$6.8M+30.2% | -$9.7M+25.5% | -$13.1M-40.2% | -$9.3M-12.2% | -$8.3M-46.0% | -$5.7M-166.5% | -$2.1M |
| EPS (Diluted) | — | -$0.23-15.0% | -$0.20 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Interest Expense.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
DYAI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.9M+0.2% | $9.9M+20.8% | $8.2M-40.1% | $13.7M-35.6% | $21.3M-29.2% | $30.1M-19.7% | $37.5M-13.5% | $43.3M-14.7% | $50.7M |
| Current Assets | $9.9M+0.7% | $9.8M+21.8% | $8.1M-39.9% | $13.4M-36.1% | $21.0M-29.5% | $29.8M-16.4% | $35.6M-16.6% | $42.7M-13.8% | $49.6M |
| Cash & Equivalents | $4.6M-29.0% | $6.5M-0.1% | $6.5M+12.4% | $5.8M-63.2% | $15.7M-23.7% | $20.6M+327.8% | $4.8M+102.1% | $2.4M-58.8% | $5.8M |
| Accounts Receivable | $1.1M+360.0% | $237K-49.2% | $466K+41.3% | $330K+18.8% | $278K-5.6% | $294K-47.3% | $559K+75.2% | $319K+17.6% | $271K |
| Total Liabilities | $8.7M+16.8% | $7.5M+218.7% | $2.3M-10.8% | $2.6M-9.7% | $2.9M+78.9% | $1.6M+2.4% | $1.6M+86.9% | $850K+10.5% | $769K |
| Current Liabilities | $3.7M+50.6% | $2.4M+8.7% | $2.3M-8.0% | $2.4M-4.2% | $2.6M+57.2% | $1.6M+2.4% | $1.6M+86.9% | $850K+10.5% | $769K |
| Total Equity | $1.2M-50.1% | $2.5M-58.0% | $5.9M-47.0% | $11.1M-39.7% | $18.4M-35.4% | $28.4M-20.7% | $35.9M-15.5% | $42.5M-15.1% | $50.0M |
| Retained Earnings | -$93.5M-8.6% | -$86.1M-7.2% | -$80.3M-9.2% | -$73.5M-15.3% | -$63.7M-25.8% | -$50.7M-22.6% | -$41.4M-25.1% | -$33.0M-20.8% | -$27.4M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
DYAI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$7.4M | -$5.7M-43.5% | -$4.0M+40.9% | -$6.7M+16.8% | -$8.1M+28.3% | -$11.3M-71.5% | -$6.6M-13.7% | -$5.8M-31.2% | -$4.4M-160.6% | -$1.7M |
| Investing Cash Flow | $1.5M | $82K+104.4% | -$1.9M-125.2% | $7.4M+414.4% | -$2.4M-145.4% | $5.2M-76.4% | $22.1M+187.0% | $7.7M+131.6% | $3.3M+509.8% | -$812K |
| Financing Cash Flow | N/A | $5.0M-15.1% | $5.8M | $0-100.0% | $544K-55.8% | $1.2M+381.5% | $255K-53.6% | $550K+123.9% | -$2.3M+63.0% | -$6.2M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $2.3M-63.0% | $6.2M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
DYAI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.9%-40.9pp | 65.8%+34.0pp | 31.8%+4.3pp | 27.5%+8.4pp | 19.1%+8.1pp | 11.1%-2.1pp | 13.2%-7.5pp | 20.7%+10.4pp | 10.3% |
| Operating Margin | -232.8% | -168.8% | -283.9% | -346.9% | -612.7% | -625.9% | -552.2% | -586.1% | -939.7% |
| Net Margin | -238.3% | -166.2% | -234.4% | -332.2% | -543.7% | -582.1% | -494.2% | -439.4% | -281.6% |
| Return on Equity | -597.6%-362.4pp | -235.2%-119.6pp | -115.6%-27.8pp | -87.8%-16.7pp | -71.1%-38.3pp | -32.8%-9.6pp | -23.2%-9.8pp | -13.4%-9.1pp | -4.3% |
| Return on Assets | -74.1%-15.6pp | -58.5%+24.2pp | -82.7%-11.7pp | -71.0%-9.6pp | -61.4%-30.4pp | -31.0%-8.8pp | -22.2%-9.0pp | -13.1%-8.9pp | -4.2% |
| Current Ratio | 2.68-1.3x | 4.01+0.4x | 3.58-1.9x | 5.48-2.7x | 8.22-10.1x | 18.32-4.1x | 22.44-27.9x | 50.31-14.2x | 64.53 |
| Debt-to-Equity | 7.07+4.1x | 3.02+2.6x | 0.40+0.2x | 0.24+0.1x | 0.16+0.1x | 0.060.0x | 0.040.0x | 0.020.0x | 0.02 |
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.
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Where Dyadic Intl Inc Del Ranks
Frequently Asked Questions
What is Dyadic Intl Inc Del's annual revenue?
Dyadic Intl Inc Del (DYAI) reported $3.1M in total revenue for fiscal year 2025. This represents a -11.6% 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 Dyadic Intl Inc Del's revenue growing?
Dyadic Intl Inc Del (DYAI) revenue declined by 11.6% year-over-year, from $3.5M to $3.1M in fiscal year 2025.
Is Dyadic Intl Inc Del profitable?
No, Dyadic Intl Inc Del (DYAI) reported a net income of -$7.4M in fiscal year 2025.
What is Dyadic Intl Inc Del's gross margin?
Dyadic Intl Inc Del (DYAI) had a gross margin of 24.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dyadic Intl Inc Del's return on equity (ROE)?
Dyadic Intl Inc Del (DYAI) has a return on equity of -597.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Dyadic Intl Inc Del's operating cash flow?
Dyadic Intl Inc Del (DYAI) recorded an outflow of $5.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Dyadic Intl Inc Del's total assets?
Dyadic Intl Inc Del (DYAI) had $9.9M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Dyadic Intl Inc Del spend on research and development?
Dyadic Intl Inc Del (DYAI) invested $2.2M in research and development during fiscal year 2025.
What is Dyadic Intl Inc Del's current ratio?
Dyadic Intl Inc Del (DYAI) had a current ratio of 2.68 as of fiscal year 2025, which is generally considered healthy.
What is Dyadic Intl Inc Del's debt-to-equity ratio?
Dyadic Intl Inc Del (DYAI) had a debt-to-equity ratio of 7.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dyadic Intl Inc Del's return on assets (ROA)?
Dyadic Intl Inc Del (DYAI) had a return on assets of -74.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Dyadic Intl Inc Del's cash runway?
Based on fiscal year 2025 data, Dyadic Intl Inc Del (DYAI) had $4.6M in cash against an annual operating cash burn of $5.7M. This gives an estimated cash runway of approximately 10 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 Dyadic Intl Inc Del's Altman Z-Score?
Dyadic Intl Inc Del (DYAI) has an Altman Z-Score of -12.55, 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.
What is Dyadic Intl Inc Del's Piotroski F-Score?
Dyadic Intl Inc Del (DYAI) has a Piotroski F-Score of 1 out of 8 computable signals; 1 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.
Are Dyadic Intl Inc Del's earnings high quality?
Dyadic Intl Inc Del (DYAI) reported a net loss of $7.4M while operations used $5.7M of cash. With neither figure positive, 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.
How financially healthy is Dyadic Intl Inc Del?
Dyadic Intl Inc Del (DYAI) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.