First Cap Inc Financials
First Cap Inc (FCAP) reported $7.2M in revenue for fiscal year 2025, up 1.6% from the prior fiscal year. This page shows its 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).
A balance-sheet-driven earnings model dominates here, where capital strength and cash conversion matter more than reported revenue.
FY2025 net income reached$16.4M while reported revenue stayed near$7.2M , so profit expanded without a meaningful change in the usual top-line signal. Paired with assets of$1.27B and a return on assets of1.3% , that points to a balance-sheet-driven earnings engine rather than a sales-driven one.
Cash conversion is sturdy: operating cash flow was
Balance-sheet growth did not come solely from piling on leverage: assets climbed to
Financial Health Signals
Scored against banks 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 First Cap 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.
Not available for First Cap Inc, and counted as zero in the overall score.
First Cap Inc passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, First Cap Inc generates $1.30 in operating cash flow ($21.3M OCF vs $16.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
First Cap Inc generated $7.2M in revenue in fiscal year 2025. This represents an increase of 1.6% from the prior year.
First Cap Inc reported $16.4M in net income in fiscal year 2025. This represents an increase of 37.1% from the prior year.
First Cap Inc earned $4.89 per diluted share (EPS) in fiscal year 2025. This represents an increase of 37.0% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
First Cap Inc generated $19.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 7.8% from the prior year.
First Cap Inc paid $1.20 per share in dividends in fiscal year 2025. This represents an increase of 7.1% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
First Cap Inc's ROE was 11.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not shown for fiscal year 2025: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
First Cap Inc spent $578K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1309.8% from the prior year.
First Cap Inc invested $1.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 88.6% from the prior year.
Not reported for fiscal year 2025.
FCAP 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 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.2M | $7.2M+1.6% | $7.1M+0.7% | $7.0M-1.9% | $7.1M+10.8% | $6.4M+11.9% | $5.8M+4.2% | $5.5M+5.2% | $5.3M+5.8% | $5.0M+11.3% | $4.5M-76.2% | $18.7M+1.7% | $18.4M-0.1% | $18.4M-2.1% | $18.8M-7.3% | $20.3M |
| SG&A Expenses | N/A | $16.8M+8.2% | $15.5M+3.6% | $15.0M+2.1% | $14.7M+1.1% | $14.5M+5.3% | $13.8M+5.3% | $13.1M+11.7% | $11.7M+4.8% | $11.2M+6.8% | $10.5M+32.5% | $7.9M+3.4% | $7.7M+7.3% | $7.1M-9.7% | $7.9M+6.2% | $7.4M |
| Operating Income | N/A | N/A | $14.2M-5.9% | $15.1M+5.7% | $14.2M+4.1% | $13.7M+15.6% | $11.8M-4.0% | $12.3M+15.6% | $10.7M+1.0% | $10.6M+12.3% | $9.4M+31.0% | $7.2M-9.4% | $7.9M+7.9% | $7.3M+33.6% | $5.5M-0.6% | $5.5M |
| Interest Expense | $21.9M | $14.7M+0.1% | $14.7M+62.8% | $9.0M+465.7% | $1.6M+41.3% | $1.1M-27.7% | $1.6M-20.4% | $2.0M+21.7% | $1.6M+15.7% | $1.4M-21.0% | $1.8M+75.6% | $1.0M-12.2% | $1.1M-30.8% | $1.7M-32.9% | $2.5M-34.4% | $3.8M |
| Income Tax | N/A | $3.5M+59.3% | $2.2M-1.4% | $2.2M-3.1% | $2.3M+3.6% | $2.2M+32.4% | $1.7M-14.8% | $2.0M+42.5% | $1.4M-55.1% | $3.1M+23.0% | $2.5M+28.5% | $2.0M-15.1% | $2.3M+2.5% | $2.3M+44.6% | $1.6M+1.0% | $1.5M |
| Net Income | $18.4M | $16.4M+37.1% | $11.9M-6.6% | $12.8M+7.5% | $11.9M+4.2% | $11.4M+12.8% | $10.1M-1.9% | $10.3M+11.6% | $9.3M+24.4% | $7.4M+8.4% | $6.9M+32.1% | $5.2M-7.1% | $5.6M+10.2% | $5.1M+29.4% | $3.9M-1.3% | $4.0M |
| EPS (Diluted) | $5.53 | $4.89+37.0% | $3.57-6.5% | $3.82+7.6% | $3.55+4.1% | $3.41+12.9% | $3.02-2.3% | $3.09+11.6% | $2.77+24.2% | $2.23+8.8% | $2.05+9.6% | $1.87-7.9% | $2.03+11.5% | $1.82+29.1% | $1.41-1.4% | $1.43 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
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.
FCAP 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 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B+7.1% | $1.2B+2.6% | $1.2B+0.6% | $1.2B-0.4% | $1.2B+13.7% | $1.0B+23.0% | $827.5M+4.2% | $794.2M+4.6% | $759.0M+2.1% | $743.7M+3.9% | $715.8M+51.4% | $472.8M+6.4% | $444.4M-3.2% | $459.1M+4.6% | $438.9M |
| Goodwill | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M0.0% | $6.5M+20.2% | $5.4M0.0% | $5.4M0.0% | $5.4M0.0% | $5.4M |
| Total Liabilities | $1.1B+5.7% | $1.1B+1.9% | $1.1B-1.3% | $1.1B+2.3% | $1.0B+15.0% | $906.8M+24.5% | $728.5M+2.9% | $708.2M+4.5% | $677.9M+1.5% | $667.8M+4.1% | $641.3M+54.3% | $415.5M+6.3% | $391.0M-3.7% | $406.2M+4.7% | $387.8M |
| Total Equity | $137.8M+20.2% | $114.6M+8.9% | $105.2M+23.6% | $85.2M-25.2% | $113.8M+2.9% | $110.6M+11.9% | $98.8M+15.1% | $85.8M+6.1% | $80.9M+6.9% | $75.7M+1.8% | $74.4M+30.2% | $57.1M+7.3% | $53.2M+0.8% | $52.8M+3.7% | $50.9M |
| Retained Earnings | $117.6M+11.7% | $105.3M+8.4% | $97.1M+9.8% | $88.5M+10.5% | $80.1M+11.0% | $72.2M+10.6% | $65.3M+12.3% | $58.1M+11.9% | $52.0M+10.5% | $47.1M+9.4% | $43.0M+6.9% | $40.2M+8.9% | $36.9M+8.3% | $34.1M+5.6% | $32.3M |
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.
FCAP 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 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $23.8M | $21.3M-4.7% | $22.3M+57.8% | $14.2M-14.3% | $16.5M-23.6% | $21.6M+79.4% | $12.1M-14.3% | $14.1M+5.5% | $13.3M-0.5% | $13.4M+62.9% | $8.2M+37.2% | $6.0M-13.1% | $6.9M-29.7% | $9.8M+33.5% | $7.4M-20.8% | $9.3M |
| Capital Expenditures | $2.1M | $1.4M+88.6% | $717K+14.4% | $627K+51.1% | $415K+44.1% | $288K-52.2% | $602K-79.8% | $3.0M+639.6% | $402K-68.3% | $1.3M-36.3% | $2.0M+80.3% | $1.1M+97.7% | $559K+88.2% | $297K-61.0% | $762K+31.4% | $580K |
| Free Cash Flow | $21.7M | $19.9M-7.8% | $21.6M+59.8% | $13.5M-16.0% | $16.1M-24.5% | $21.3M+86.3% | $11.5M+3.2% | $11.1M-14.2% | $12.9M+6.6% | $12.2M+94.5% | $6.2M+27.5% | $4.9M-22.8% | $6.3M-33.3% | $9.5M+44.4% | $6.6M-24.3% | $8.7M |
| Investing Cash Flow | -$29.9M | -$41.8M-244.2% | $29.0M+221.1% | -$23.9M+83.4% | -$144.0M+7.9% | -$156.5M-150.7% | -$62.4M-195.7% | -$21.1M+4.5% | -$22.1M+45.3% | -$40.4M+58.0% | -$96.2M-275.1% | $55.0M | N/A | -$3.3M+83.3% | -$20.0M-395.8% | $6.8M |
| Financing Cash Flow | $21.3M | $51.9M+226.6% | $15.9M+189.1% | -$17.8M-183.8% | $21.3M-83.8% | $131.5M-24.8% | $174.9M+912.2% | $17.3M-27.9% | $23.9M+241.6% | $7.0M-71.5% | $24.6M+89.4% | $13.0M | N/A | -$17.2M-210.4% | $15.5M+183.1% | -$18.7M |
| Dividends Paid | $4.2M | $4.0M+7.1% | $3.8M+3.7% | $3.6M+3.2% | $3.5M-0.1% | $3.5M+8.2% | $3.3M+1.4% | $3.2M+3.5% | $3.1M+7.6% | $2.9M+2.3% | $2.8M+15.0% | $2.4M+5.3% | $2.3M+3.7% | $2.2M+5.2% | $2.1M0.0% | $2.1M |
| Share Buybacks | N/A | $578K+1309.8% | $41K-91.8% | $502K | $0-100.0% | $40K+207.7% | $13K+550.0% | $2K-93.8% | $32K+100.0% | $16K-52.9% | $34K+240.0% | $10K-98.9% | $908K+4678.9% | $19K+35.7% | $14K-48.1% | $27K |
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.
FCAP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | 200.7% | 214.7% | 199.2% | 212.2% | 205.4% | 223.0% | 202.9% | 212.6% | 210.6% | 38.3%-4.7pp | 43.0%+3.2pp | 39.9%+10.7pp | 29.2%+2.0pp | 27.3% |
| Net Margin | 228.3% | 169.2% | 182.5% | 166.6% | 177.2% | 175.8% | 186.8% | 176.1% | 149.8% | 153.8% | 27.8%-2.6pp | 30.4%+2.8pp | 27.6%+6.7pp | 20.9%+1.3pp | 19.6% |
| Return on Equity | 11.9%+1.5pp | 10.4%-1.7pp | 12.2%-1.8pp | 14.0%+3.9pp | 10.0%+0.9pp | 9.2%-1.3pp | 10.4%-0.3pp | 10.8%+1.6pp | 9.2%+0.1pp | 9.1%+2.1pp | 7.0%-2.8pp | 9.8%+0.3pp | 9.5%+2.1pp | 7.4%-0.4pp | 7.8% |
| Return on Assets | 1.3%+0.3pp | 1.0%-0.1pp | 1.1%+0.1pp | 1.0%0.0pp | 1.0%0.0pp | 1.0%-0.3pp | 1.3%+0.1pp | 1.2%+0.2pp | 1.0%+0.1pp | 0.9%+0.2pp | 0.7%-0.4pp | 1.2%0.0pp | 1.1%+0.3pp | 0.9%-0.1pp | 0.9% |
| Debt-to-Equity | 8.23-1.1x | 9.36-0.6x | 10.00-2.5x | 12.52+3.4x | 9.16+1.0x | 8.20+0.8x | 7.37-0.9x | 8.25-0.1x | 8.38-0.4x | 8.82+0.2x | 8.62+1.3x | 7.27-0.1x | 7.35-0.3x | 7.69+0.1x | 7.61 |
| FCF Margin | 278.0% | 306.4% | 193.1% | 225.6% | 331.1% | 198.9% | 200.9% | 246.4% | 244.7% | 140.0% | 26.2%-8.3pp | 34.5%-17.2pp | 51.7%+16.6pp | 35.1%-7.9pp | 43.0% |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
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, FCF Margin.
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Where First Cap Inc Ranks
Frequently Asked Questions
What is First Cap Inc's annual revenue?
First Cap Inc (FCAP) reported $7.2M in total revenue for fiscal year 2025. This represents a 1.6% 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 First Cap Inc's revenue growing?
First Cap Inc (FCAP) revenue grew by 1.6% year-over-year, from $7.1M to $7.2M in fiscal year 2025.
Is First Cap Inc profitable?
Yes, First Cap Inc (FCAP) reported a net income of $16.4M in fiscal year 2025.
Does First Cap Inc pay dividends?
Yes, First Cap Inc (FCAP) paid $1.20 per share in dividends during fiscal year 2025.
What is First Cap Inc's return on equity (ROE)?
First Cap Inc (FCAP) has a return on equity of 11.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is First Cap Inc's free cash flow?
First Cap Inc (FCAP) generated $19.9M in free cash flow during fiscal year 2025. This represents a -7.8% 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 $21.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are First Cap Inc's total assets?
First Cap Inc (FCAP) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are First Cap Inc's capital expenditures?
First Cap Inc (FCAP) invested $1.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is First Cap Inc's debt-to-equity ratio?
First Cap Inc (FCAP) had a debt-to-equity ratio of 8.23 as of fiscal year 2025, 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 1.3% for fiscal year 2025, 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 5 out of 6 computable signals; 3 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 First Cap Inc's earnings high quality?
First Cap Inc (FCAP) has an earnings quality ratio of 1.30x, 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.
How financially healthy is First Cap Inc?
First Cap Inc (FCAP) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), 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.