First Cap Inc Financials
This page shows First Cap Inc (FCAP) 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
First Cap Inc has an operating margin of 200.7%, meaning the company retains $201 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 214.7% the prior year.
First Cap Inc's revenue grew a modest 0.7% year-over-year to $7.1M. This slow but positive growth earns a score of 31/100.
First Cap Inc has elevated debt relative to equity (D/E of 9.36), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
First Cap Inc converts 306.4% of revenue into free cash flow ($21.6M). This strong cash generation earns a score of 100/100.
First Cap Inc's ROE of 10.4% shows moderate profitability relative to equity, earning a score of 42/100. This is down from 12.2% the prior year.
First Cap Inc passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, First Cap Inc generates $1.87 in operating cash flow ($22.3M OCF vs $11.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
First Cap Inc earns $1.0 in operating income for every $1 of interest expense ($14.2M vs $14.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
First Cap Inc generated $7.1M in revenue in fiscal year 2024. This represents an increase of 0.7% from the prior year.
First Cap Inc's EBITDA was $15.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 5.1% from the prior year.
First Cap Inc generated $21.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 59.8% from the prior year.
First Cap Inc reported $11.9M in net income in fiscal year 2024. This represents a decrease of 6.6% from the prior year.
First Cap Inc earned $3.57 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 6.5% from the prior year.
First Cap Inc paid $1.12 per share in dividends in fiscal year 2024. This represents an increase of 3.7% from the prior year.
First Cap Inc had 3M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
First Cap Inc's operating margin was 200.7% in fiscal year 2024, reflecting core business profitability. This is down 14.0 percentage points from the prior year.
First Cap Inc's net profit margin was 169.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 13.3 percentage points from the prior year.
First Cap Inc's ROE was 10.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.7 percentage points from the prior year.
First Cap Inc spent $41K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 91.8% from the prior year.
First Cap Inc invested $717K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 14.4% from the prior year.
FCAP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9M+4.5% | $1.8M+6.2% | $1.7M-87.3% | $13.2M+629.6% | $1.8M+2.8% | $1.8M+3.4% | $1.7M-85.4% | $11.6M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $5.5M+19.8% | $4.6M+18.4% | $3.9M-1.0% | $3.9M+14.9% | $3.4M+3.6% | $3.3M-4.1% | $3.5M-3.6% | $3.6M |
| Interest Expense | $3.7M+2.0% | $3.6M-3.6% | $3.8M-60.0% | $9.4M+129.5% | $4.1M+15.1% | $3.6M+10.0% | $3.2M+4.7% | $3.1M |
| Income Tax | $1.1M+25.2% | $852K+26.8% | $672K-1.8% | $684K+27.4% | $537K+10.0% | $488K-3.7% | $507K+6.1% | $478K |
| Net Income | $4.5M+18.6% | $3.8M+16.7% | $3.2M-0.8% | $3.3M+12.6% | $2.9M+2.5% | $2.8M-4.2% | $3.0M-5.1% | $3.1M |
| EPS (Diluted) | $1.34+18.6% | $1.13+16.5% | $0.970.0% | $0.97+11.5% | $0.87+2.4% | $0.85-3.4% | $0.88-5.4% | $0.93 |
FCAP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B-0.6% | $1.2B+2.3% | $1.2B+2.3% | $1.2B-0.1% | $1.2B+2.2% | $1.2B+0.6% | $1.2B-0.1% | $1.2B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M |
| Total Liabilities | $1.1B-1.5% | $1.1B+2.3% | $1.1B+2.0% | $1.1B0.0% | $1.1B+1.6% | $1.1B+0.5% | $1.1B-0.2% | $1.1B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $132.4M+7.5% | $123.2M+2.6% | $120.1M+4.8% | $114.6M-1.9% | $116.8M+8.4% | $107.8M+1.9% | $105.7M+0.5% | $105.2M |
| Retained Earnings | $113.8M+3.1% | $110.4M+2.6% | $107.6M+2.1% | $105.3M+2.2% | $103.0M+1.9% | $101.1M+1.9% | $99.2M+2.1% | $97.1M |
FCAP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.9M+113.2% | $3.7M-15.1% | $4.4M+7.9% | $4.1M-46.4% | $7.6M+117.7% | $3.5M-51.8% | $7.2M+654.3% | $957K |
| Capital Expenditures | $165K-38.7% | $269K+22.3% | $220K-31.9% | $323K+289.2% | $83K-45.4% | $152K-4.4% | $159K-14.1% | $185K |
| Free Cash Flow | $7.8M+125.1% | $3.5M-17.1% | $4.2M+11.4% | $3.7M-50.1% | $7.5M+125.1% | $3.3M-52.8% | $7.1M+814.5% | $772K |
| Investing Cash Flow | -$13.4M-16.5% | -$11.5M-12.7% | -$10.2M-198.5% | $10.3M-38.5% | $16.8M+846.4% | $1.8M+1640.2% | $102K-98.3% | $6.0M |
| Financing Cash Flow | -$17.0M-166.1% | $25.7M+55.9% | $16.5M+942.3% | $1.6M-89.4% | $15.0M+365.2% | $3.2M+182.6% | -$3.9M-1330.0% | $317K |
| Dividends Paid | $1.0M+5.5% | $985K+1.1% | $974K+0.2% | $972K0.0% | $972K+5.8% | $919K+1.5% | $905K+0.2% | $903K |
| Share Buybacks | $52K | $0-100.0% | $9K | $0-100.0% | $28K+115.4% | $13K | $0 | $0 |
FCAP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 298.1%+38.1pp | 260.0%+26.8pp | 233.2%+203.2pp | 29.9%-160.2pp | 190.2%+1.4pp | 188.7%-14.8pp | 203.5%+172.7pp | 30.9% |
| Net Margin | 240.6%+28.7pp | 212.0%+19.1pp | 192.9%+168.2pp | 24.7%-135.6pp | 160.3%-0.5pp | 160.8%-12.8pp | 173.5%+146.8pp | 26.7% |
| Return on Equity | 3.4%+0.3pp | 3.1%+0.4pp | 2.7%-0.2pp | 2.9%+0.4pp | 2.5%-0.1pp | 2.6%-0.2pp | 2.8%-0.2pp | 3.0% |
| Return on Assets | 0.4%+0.1pp | 0.3%+0.0pp | 0.3%0.0pp | 0.3%+0.0pp | 0.2%0.0pp | 0.2%-0.0pp | 0.3%-0.0pp | 0.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 8.33-0.8 | 9.09-0.0 | 9.11-0.2 | 9.36+0.2 | 9.18-0.6 | 9.80-0.1 | 9.94-0.1 | 10.00 |
| FCF Margin | 417.8%+223.9pp | 194.0%-54.5pp | 248.5%+220.1pp | 28.4%-386.3pp | 414.7%+225.4pp | 189.3%-225.7pp | 415.1%+408.4pp | 6.6% |
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Frequently Asked Questions
What is First Cap Inc's annual revenue?
First Cap Inc (FCAP) reported $7.1M in total revenue for fiscal year 2024. This represents a 0.7% 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 First Cap Inc's revenue growing?
First Cap Inc (FCAP) revenue grew by 0.7% year-over-year, from $7.0M to $7.1M in fiscal year 2024.
Is First Cap Inc profitable?
Yes, First Cap Inc (FCAP) reported a net income of $11.9M in fiscal year 2024, with a net profit margin of 169.2%.
What is First Cap Inc's earnings per share (EPS)?
First Cap Inc (FCAP) reported diluted earnings per share of $3.57 for fiscal year 2024. This represents a -6.5% 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 First Cap Inc's EBITDA?
First Cap Inc (FCAP) had EBITDA of $15.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is First Cap Inc's operating margin?
First Cap Inc (FCAP) had an operating margin of 200.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is First Cap Inc's net profit margin?
First Cap Inc (FCAP) had a net profit margin of 169.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does First Cap Inc pay dividends?
Yes, First Cap Inc (FCAP) paid $1.12 per share in dividends during fiscal year 2024.
What is First Cap Inc's return on equity (ROE)?
First Cap Inc (FCAP) has a return on equity of 10.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is First Cap Inc's free cash flow?
First Cap Inc (FCAP) generated $21.6M in free cash flow during fiscal year 2024. This represents a 59.8% 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 First Cap Inc's operating cash flow?
First Cap Inc (FCAP) generated $22.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are First Cap Inc's total assets?
First Cap Inc (FCAP) had $1.2B in total assets as of fiscal year 2024, including both current and long-term assets.
What are First Cap Inc's capital expenditures?
First Cap Inc (FCAP) invested $717K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does First Cap Inc buy back shares?
Yes, First Cap Inc (FCAP) spent $41K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does First Cap Inc have outstanding?
First Cap Inc (FCAP) had 3M shares outstanding as of fiscal year 2024.
What is First Cap Inc's debt-to-equity ratio?
First Cap Inc (FCAP) had a debt-to-equity ratio of 9.36 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is First Cap Inc's return on assets (ROA)?
First Cap Inc (FCAP) had a return on assets of 1.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is First Cap Inc's Piotroski F-Score?
First Cap Inc (FCAP) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are First Cap Inc's earnings high quality?
First Cap Inc (FCAP) has an earnings quality ratio of 1.87x, considered cash-backed (high quality). 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 First Cap Inc cover its interest payments?
First Cap Inc (FCAP) has an interest coverage ratio of 1.0x, 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 First Cap Inc?
First Cap Inc (FCAP) scores 54 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.