Ticker history: MINM became FIEE (FiEE, Inc) on . Earlier news and filings retain their original names and dates. View MINM history.
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FIEE SEC filings page.
FiEE, Inc (FIEE) reported $6.2M in revenue for fiscal year 2025, up 867.9% 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).
FY2025 shows a much smaller business with sharply different gross economics, positive earnings, and cash generation rather than growth-led improvement.
Compared with FY2023, FY2025 revenue was down76.3% while operating margin improved 90.9 percentage points, indicating the improvement came from a changed revenue-cost structure rather than volume. Cash also stayed positive at$3.6M versus$4.8M , so the smaller operation generated cash without regaining its earlier sales base.
Operating cash flow was
Liabilities fell to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 FiEE, 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.
FiEE, Inc has an operating margin of 25.0%, meaning the company retains $25 of operating profit per $100 of revenue. Among its peers this margin ranks in the lower range, for a profitability score of 27/100.
FiEE, Inc's revenue surged 867.9% year-over-year to $6.2M, reflecting rapid business expansion. This strong growth earns a score of 1/100.
FiEE, Inc's current ratio of 1.58 indicates adequate short-term liquidity, earning a score of 46/100. The company can meet its near-term obligations, though with limited headroom.
FiEE, Inc converts 55.7% of revenue into free cash flow ($3.5M). This strong cash generation earns a score of 98/100.
FiEE, Inc generates a 16.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 7/100.
FiEE, Inc scores -7.63, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $95.6M against total assets of $10.8M. 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.
FiEE, Inc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 3 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, FiEE, Inc generates $3.39 in operating cash flow ($3.6M OCF vs $1.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
FiEE, Inc earns $173.18 in operating income for every $1 of interest expense ($1.6M vs $9K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
FiEE, Inc generated $4.8M in revenue in Q2 2026. This represents an increase of 10624.6% from the same quarter a year earlier. Against the prior quarter it is up 127.4%.
FiEE, Inc's EBITDA was $2.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 488.2%.
FiEE, Inc reported $2.1M in net income in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 500.6%.
FiEE, Inc earned $0.14 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 600.0%.
Cash & Balance Sheet
FiEE, Inc held $5.4M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
FiEE, Inc's gross margin was 80.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 77.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.8 percentage points.
FiEE, Inc's operating margin was 54.8% in Q2 2026, reflecting core business profitability. Against the prior quarter it is up 34.7 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
FiEE, Inc's net profit margin was 43.8% in Q2 2026, showing the share of revenue converted to profit. Against the prior quarter it is up 27.2 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
FiEE, Inc's quarterly ROE was 18.7% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 40.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.8 percentage points.
Capital Allocation
FiEE, Inc invested $39K in research and development in Q2 2026. This represents an increase of 125.2% from the same quarter a year earlier. Against the prior quarter it is up 7.2%.
Not reported for Q2 2026.
Not reported for Q2 2026.
FIEE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8M+10624.6% | $2.1M+1697491.2% | $4.2M | $1.9M | $45K | $125-100.0% | N/A | N/A |
| Cost of Revenue | $952K+2066.6% | $628K+83599.3% | $504K | $292K | $44K | $750-99.8% | N/A | N/A |
| Gross Profit | $3.9M+364296.4% | $1.5Mn/m | $3.7M | $1.6M | $1K | -$625-100.3% | N/A | N/A |
| R&D Expenses | $39K+125.2% | $37K+22.0% | $0 | N/A | $17K-57.4% | $30K-58.6% | N/A | N/A |
| SG&A Expenses | $1.2M+91.8% | $1.0M+202.9% | $1.0M | $1.7M+179.7% | $621K+1.5% | $340K-67.2% | N/A | $625K-79.4% |
| Operating Income | $2.6Mn/m | $426Kn/m | $2.7M | -$101Kn/m | -$637Kn/m | -$371Kn/m | N/A | -$625Kn/m |
| EBITDA | $2.7Mn/m | $455Kn/m | $2.7M | -$54Kn/m | -$615Kn/m | -$321Kn/m | N/A | -$550Kn/m |
| Interest Expense | -$97-103.7% | N/A | $280 | $3K | $3Kn/m | $3Kn/m | N/A | N/A |
| Income Tax | $527K | $137Kn/m | $308K | $140K | N/A | $0n/m | N/A | N/A |
| Net Income | $2.1Mn/m | $352Kn/m | $2.3M | -$253Kn/m | -$640Kn/m | -$374Kn/m | N/A | -$625Kn/m |
| EPS (Basic) | $0.18 | $0.03 | $0.37+184.6% | -$0.04 | -$0.13 | -$0.10n/m | $0.13 | -$0.21 |
| EPS (Diluted) | $0.14 | $0.02 | $0.35+169.2% | -$0.04 | -$0.13 | -$0.10n/m | $0.13 | -$0.21 |
| Diluted Shares (Avg) | 11M | 10M | N/A | 6M | 5M | 4M+26.9% | N/A | 3M |
FIEE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $15.1M+114.0% | $11.8M+3208.2% | $10.8M+3408.1% | $8.5M+1864.0% | $7.1M+639.6% | $358K-76.2% | $307K-97.5% | $433K-97.2% |
| Current Assets | $10.9M+110.3% | $6.2M+5930.6% | $6.6M+3909.3% | $6.7M+3017.9% | $5.2M+694.5% | $103K-90.4% | $165K-98.6% | $216K-98.5% |
| Cash & Equivalents | $5.4M+20.7% | $4.6M+50206.6% | $3.1M+10126.3% | $5.9M+2980.1% | $4.5M+614.0% | $9K-99.1% | $30K-95.7% | $192K-58.9% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $5.1M | $1.4M | $2.1Mn/m | $187K | N/A | N/A | $0-100.0% | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $25K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.9M-6.4% | $2.9M+241.5% | $4.2M+856.9% | $4.6M+363.8% | $4.1M+203.2% | $862K-39.3% | $437K-96.4% | $992K-93.4% |
| Current Liabilities | $3.9M-6.4% | $2.9M+247.6% | $4.2M+856.9% | $4.6M+363.8% | $4.1M+203.2% | $847K-40.4% | $437K-96.4% | $992K-93.1% |
| Non-Current Liabilities | $0n/m | $0-100.0% | $0n/m | $0n/m | $0n/m | $15Kn/m | $0n/m | $0-100.0% |
| Total Equity | $11.3M+284.4% | $8.9Mn/m | $6.6Mn/m | $3.9Mn/m | $2.9Mn/m | -$504K-705.3% | -$130K-212.1% | -$559K-512.0% |
| Retained Earnings | -$93.2Mn/m | -$95.3Mn/m | -$95.6Mn/m | -$98.0Mn/m | -$97.7Mn/m | -$97.1Mn/m | -$96.7Mn/m | -$96.8Mn/m |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
FIEE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $24K-95.6% | $67Kn/m | $1.2M+10356.9% | $2.3Mn/m | $543Kn/m | -$371Kn/m | $11K-99.0% | -$905K-173.6% |
| Depreciation & Amortization | $35K+59.1% | $29K-42.0% | $41K+5.1% | $47K-37.3% | $22K-73.5% | $50K-51.7% | $39K-77.3% | $75K-26.8% |
| Stock-Based Compensation | N/A | $46K | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | $518K | $180K | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | -$451K | $978K | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $884K | -$518K | -$4.0M | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$58K-101.5% | $2.0M+464.3% | $0n/m | $0-100.0% | $4.0Mn/m | $350K-87.5% | -$184Kn/m | $465Kn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FIEE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.3%+77.9pp | 70.4% | 88.0% | 85.0% | 2.4% | -500.0% | N/A | N/A |
| Operating Margin | 54.8% | 20.1% | 63.2% | -5.2% | -1415.6% | -296896.8% | N/A | N/A |
| Net Margin | 43.8% | 16.6% | 55.6% | -13.0% | -1421.7% | -299128.0% | N/A | N/A |
| Return on Equity | 18.7%+40.5pp | 4.0% | 35.5% | -6.5% | -21.8% | N/A | N/A | N/A |
| Return on Assets | 14.0%+23.1pp | 3.0%+107.5pp | 21.7% | -3.0%+141.3pp | -9.1%+42.1pp | -104.5%+112.4pp | N/A | -144.3%-99.7pp |
| Current Ratio | 2.84+1.6x | 2.12+2.0x | 1.58+1.2x | 1.46+1.2x | 1.26+0.8x | 0.12-0.6x | 0.38-0.6x | 0.22-0.8x |
| Liabilities-to-Equity | 0.34-1.1x | 0.33 | 0.63 | 1.18 | 1.40 | N/A | N/A | N/A |
| Asset Turnover | 0.32+0.3x | 0.18+0.2x | 0.39 | 0.23 | 0.01 | 0.00-0.4x | N/A | N/A |
| FCF Margin | N/A | -21.3% | 23.2% | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Debt-to-Equity.
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: Gross Margin, Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| FiEE, Inc FIEE | FY2025 | $6.2M | $1.1M | 17.3% | $24.2M | 39/100 |
| Franklin Wireless Corp. FKWL | FY2026 | $36.5M | -$4.7M | -13.0% | $25.8M | 54/100 |
| UTStarcom Holdings Corp UTSI | FY2025 | $9.0M | -$8.0M | -88.5% | $21.0M | 44/100 |
| B.O.S. Better On-Line Solutions Ltd. BOSC | FY2025 | $50.6M | $3.6M | 7.1% | $29.9M | 66/100 |
| Comtech Telecommunications CMTL | FY2026 | $249.6M | -$36.2M | -14.5% | $38.3M | 17/100 |
| ClearOne, Inc. CLRO | FY2025 | $0 | N/A | N/A | $9.1M | — |
Where FiEE, Inc Ranks
Frequently Asked Questions
FiEE, Inc (FIEE) reported $6.2M in total revenue for fiscal year 2025. This represents a 867.9% 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.
FiEE, Inc (FIEE) revenue grew by 867.9% year-over-year, from $640K to $6.2M in fiscal year 2025.
Yes, FiEE, Inc (FIEE) reported a net income of $1.1M in fiscal year 2025, with a net profit margin of 17.3%.
FiEE, Inc (FIEE) had EBITDA of $1.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
FiEE, Inc (FIEE) had a gross margin of 86.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
FiEE, Inc (FIEE) had an operating margin of 25.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
FiEE, Inc (FIEE) had a net profit margin of 17.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
FiEE, Inc (FIEE) has a return on equity of 16.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
FiEE, Inc (FIEE) generated $3.5M in free cash flow during fiscal year 2025. 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.
FiEE, Inc (FIEE) generated $3.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
FiEE, Inc (FIEE) had $10.8M in total assets as of fiscal year 2025, including both current and long-term assets.
FiEE, Inc (FIEE) invested $186K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
FiEE, Inc (FIEE) invested $47K in research and development during fiscal year 2025.
FiEE, Inc (FIEE) had a current ratio of 1.58 as of fiscal year 2025, which is generally considered healthy.
FiEE, Inc (FIEE) had a liabilities-to-equity ratio of 0.63 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
FiEE, Inc (FIEE) had a return on assets of 10.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
FiEE, Inc (FIEE) trades at 5.3x earnings, its market capitalization divided by $4.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $24.2M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
FiEE, Inc (FIEE) trades at 1.8x sales, its market capitalization divided by $13.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $24.2M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
FiEE, Inc (FIEE) has an Altman Z-Score of -7.63, 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.
FiEE, Inc (FIEE) has a Piotroski F-Score of 5 out of 7 computable signals; 2 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.
FiEE, Inc (FIEE) has an earnings quality ratio of 3.39x, 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.
FiEE, Inc (FIEE) has an interest coverage ratio of 173.18x, meaning it can comfortably 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.
FiEE, Inc (FIEE) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), 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.