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 Sep 15, 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 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FSTJ SEC filings page.
FIRST AMERICA RES CORP (FSTJ) reported $18.8M in revenue for fiscal year 2025, up 15.9% 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).
Revenue growth did not reach operating profit, while a sub-1.0x current ratio keeps liabilities central to the business.
From FY2024 to FY2025, revenue rose15.9% while operating margin shifted from1.8% to-1.0% , showing that added sales were absorbed by operating costs rather than converted into profit. Operating cash flow fell from$459K to$80K , while free-cash-flow margin narrowed from2.2% to0.4% ; cash generation remained positive but became much less efficient.
Gross margin stability near
Both FY2024 and FY2025 show negative equity and current ratios below 1.0x; current assets therefore did not fully match short-term liabilities. The balance sheet remains liability-funded, while positive but weakening operating cash flow provides only limited internal support for that structure.
Financial Health Signals
FIRST AMERICA RES CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
FIRST AMERICA RES CORP scores 3.42, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($26.4M) relative to total liabilities ($8.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
FIRST AMERICA RES CORP passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
FIRST AMERICA RES CORP reported $3K of net income while generating $80K in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
FIRST AMERICA RES CORP reported an operating loss of $187K against $165K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
FIRST AMERICA RES CORP generated $5.8M in revenue in Q2 2026. This represents an increase of 20.0% from the same quarter a year earlier. Against the prior quarter it is up 20.6%.
FIRST AMERICA RES CORP's EBITDA was $563K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1670.9% from the same quarter a year earlier. Against the prior quarter it is up 62.5%.
FIRST AMERICA RES CORP reported $483K in net income in Q2 2026. This represents an increase of 649.6% from the same quarter a year earlier. Against the prior quarter it is up 62.5%.
Cash & Balance Sheet
FIRST AMERICA RES CORP held $525K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
FIRST AMERICA RES CORP's gross margin was 56.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 4.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.8 percentage points.
FIRST AMERICA RES CORP's operating margin was 9.4% in Q2 2026, reflecting core business profitability. This is up 10.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
FIRST AMERICA RES CORP's net profit margin was 8.3% in Q2 2026, showing the share of revenue converted to profit. This is up 10.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.2 percentage points.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
FSTJ 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.8M+20.0% | $4.8M | N/A | $5.5M | $4.8M | N/A | $0 | N/A |
| Cost of Revenue | $2.5M+8.2% | $1.8M | N/A | $2.5M | $2.3M | $0 | $0 | $0-100.0% |
| Gross Profit | $3.3M+31.2% | $3.0M | N/A | $2.9M | $2.5M | N/A | $0 | N/A |
| SG&A Expenses | $625K-10.0% | $713K | N/A | $589K | $695K | N/A | $34K+195.7% | N/A |
| Operating Income | $545K+1095.0% | $328K+503.3% | N/A | $248K | -$55K-226.6% | $54K+834.3% | -$34K-195.7% | N/A |
| EBITDA | $563K+1670.9% | $346K+379.1% | N/A | $273K | -$36K-158.2% | $72K | $18K | N/A |
| Interest Expense | $30K-15.3% | $33K+26.1% | N/A | $36K+29.6% | $36K+48.0% | $26K | N/A | $28K |
| Income Tax | $34K | N/A | N/A | N/A | $0 | $0 | $0 | $0 |
| Net Income | $483K+649.6% | $297K | N/A | $214K | -$88K-449.5% | N/A | -$34K-195.7% | N/A |
| EPS (Diluted) | $0.01 | $0.00 | -$0.01 | $0.00 | $0.00 | $0.00 | -$0.01 | $0.00 |
| Diluted Shares (Avg) | 88M0.0% | 88M | N/A | 88M | 88M | 88M+1004.5% | N/A | 88M |
Not reported in any period shown, so not listed: R&D Expenses, EPS (Basic).
FSTJ 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.6M+24.9% | $9.0M+47141.3% | $6.7M-3.2% | $6.6M+11128.6% | $6.9M+11483.3% | $19K-72.0% | $6.9M+9029.9% | $59K-99.9% |
| Current Assets | $3.2M-0.5% | $3.3M+17168.3% | $2.8M+3.2% | $3.2M+5232.6% | $3.2M+5314.6% | $19K-72.0% | $2.7M+3464.5% | $59K-99.9% |
| Cash & Equivalents | $525K+247.8% | $631K | $277K-39.7% | $400K | $151K | N/A | $459K | N/A |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | N/A | $0 | N/A |
| Accounts Receivable | $1.6M-40.4% | $1.7M | $2.1M+40.8% | $2.5M | $2.7M | N/A | $1.5M | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | N/A | $0 | N/A |
| Goodwill | $750K0.0% | $750K | $750K0.0% | $750K | $750K | N/A | $750K | N/A |
| Total Liabilities | $9.5M+18.1% | $10.3M+733.4% | $8.3M-2.6% | $7.5M+565.8% | $8.0M+430.6% | $1.2M-20.0% | $8.5M+486.8% | $1.1M-99.5% |
| Current Liabilities | $5.7M-8.8% | $6.3M+2611.2% | $5.8M-8.1% | $5.8M+2401.4% | $6.3M+2588.9% | $233K+0.3% | $6.3M+2623.6% | $233K-99.9% |
| Non-Current Liabilities | $3.8M+113.4% | $4.0M+296.7% | $2.4M+13.6% | $1.7M+88.2% | $1.8M+37.8% | $1.0M-23.6% | $2.1M+77.1% | $896K |
| Total Equity | -$808K+38.0% | -$1.3M-6.2% | -$1.6M+0.2% | -$868K+18.9% | -$1.3M+10.1% | -$1.2M+17.6% | -$1.6M-16.2% | -$1.1M+99.3% |
| Retained Earnings | -$2.4M+16.9% | -$2.9M-467.8% | -$3.2M+0.1% | -$2.7M-473.3% | -$2.9M-520.1% | -$513K-10.7% | -$3.2M-604.4% | -$473K+99.9% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
FSTJ 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$50K-145.2% | $399K | -$49K-207.1% | $379K+63235.0% | $111K | N/A | -$16K-110.2% | -$600+100.0% |
| Depreciation & Amortization | $18K-4.9% | $19K+3.2% | $23K-55.2% | $25K+36.7% | $19K+3.2% | $18K | $52K | $18K |
| Capital Expenditures | N/A | N/A | $1K-96.2% | $2K | N/A | N/A | $32K | $0 |
| Free Cash Flow | N/A | N/A | -$51K-4.6% | $377K+62985.0% | N/A | N/A | -$48K | -$600 |
| Investing Cash Flow | -$11K | $0 | -$1K+96.2% | -$2K | $0 | $0 | -$32K | $0 |
| Financing Cash Flow | -$46K+59.9% | -$44K-178.7% | -$84K-1845.5% | -$128K | -$115K | $56K | -$4K | $0 |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
FSTJ 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.2%+4.8pp | 63.0% | N/A | 53.7% | 51.4% | N/A | N/A | N/A |
| Operating Margin | 9.4%+10.6pp | 6.8% | N/A | 4.5% | -1.1% | N/A | N/A | N/A |
| Net Margin | 8.3%+10.2pp | 6.2% | N/A | 3.9% | -1.8% | N/A | N/A | N/A |
| Return on Assets | 5.6%+6.9pp | 3.3% | N/A | 3.2% | -1.3%-43.3pp | N/A | -0.5%+14.7pp | N/A |
| Current Ratio | 0.560.0x | 0.52+0.4x | 0.48+0.1x | 0.54+0.3x | 0.52+0.3x | 0.08-0.2x | 0.42+0.1x | 0.25-0.1x |
| Asset Turnover | 0.670.0x | 0.53 | N/A | 0.82 | 0.70 | N/A | 0.000.0x | N/A |
| FCF Margin | N/A | N/A | N/A | 6.9% | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$1.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.48), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where FIRST AMERICA RES CORP Ranks
Frequently Asked Questions
What is FIRST AMERICA RES CORP's annual revenue?
FIRST AMERICA RES CORP (FSTJ) reported $18.8M in total revenue for fiscal year 2025. This represents a 15.9% 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.
How fast is FIRST AMERICA RES CORP's revenue growing?
FIRST AMERICA RES CORP (FSTJ) revenue grew by 15.9% year-over-year, from $16.2M to $18.8M in fiscal year 2025.
Is FIRST AMERICA RES CORP profitable?
Yes, FIRST AMERICA RES CORP (FSTJ) reported a net income of $3K in fiscal year 2025, with a net profit margin of 0.0%.
What is FIRST AMERICA RES CORP's EBITDA?
FIRST AMERICA RES CORP (FSTJ) had EBITDA of -$102K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is FIRST AMERICA RES CORP's gross margin?
FIRST AMERICA RES CORP (FSTJ) had a gross margin of 55.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is FIRST AMERICA RES CORP's operating margin?
FIRST AMERICA RES CORP (FSTJ) had an operating margin of -1.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is FIRST AMERICA RES CORP's net profit margin?
FIRST AMERICA RES CORP (FSTJ) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is FIRST AMERICA RES CORP's free cash flow?
FIRST AMERICA RES CORP (FSTJ) generated $77K in free cash flow during fiscal year 2025. This represents a -78.2% 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 AMERICA RES CORP's operating cash flow?
FIRST AMERICA RES CORP (FSTJ) generated $80K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are FIRST AMERICA RES CORP's total assets?
FIRST AMERICA RES CORP (FSTJ) had $6.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are FIRST AMERICA RES CORP's capital expenditures?
FIRST AMERICA RES CORP (FSTJ) invested $3K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is FIRST AMERICA RES CORP's current ratio?
FIRST AMERICA RES CORP (FSTJ) had a current ratio of 0.48 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is FIRST AMERICA RES CORP's return on assets (ROA)?
FIRST AMERICA RES CORP (FSTJ) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is FIRST AMERICA RES CORP's P/E ratio?
FIRST AMERICA RES CORP (FSTJ) has no price-to-earnings ratio at the moment: outside the range published as a multiple (on $3K net income, FY2025). The market capitalization is $26.4M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FIRST AMERICA RES CORP's price-to-sales ratio?
FIRST AMERICA RES CORP (FSTJ) trades at 1.4x sales, its market capitalization divided by revenue of $18.8M revenue, FY2025. The market capitalization is $26.4M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is FIRST AMERICA RES CORP's debt-to-equity ratio negative or not reported?
FIRST AMERICA RES CORP (FSTJ) has negative shareholder equity of -$1.6M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is FIRST AMERICA RES CORP's Altman Z-Score?
FIRST AMERICA RES CORP (FSTJ) has an Altman Z-Score of 3.42, placing it in the Safe Zone (low 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 FIRST AMERICA RES CORP's Piotroski F-Score?
FIRST AMERICA RES CORP (FSTJ) has a Piotroski F-Score of 5 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 FIRST AMERICA RES CORP's earnings high quality?
FIRST AMERICA RES CORP (FSTJ) reported $3K of net income while generating $80K in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. 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 AMERICA RES CORP cover its interest payments?
FIRST AMERICA RES CORP (FSTJ) reported an operating loss of $187K against $165K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.