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First Utd Corp Financials

FUNC
Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 70 / 100
Financial Profile 70/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth
46

First Utd Corp's revenue grew 6.3% year-over-year to $17.7M, a solid pace of expansion. This earns a growth score of 46/100.

Leverage
86

First Utd Corp carries a low D/E ratio of 0.67, meaning only $0.67 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow
100

First Utd Corp converts 114.9% of revenue into free cash flow ($20.4M). This strong cash generation earns a score of 100/100.

Returns
46

First Utd Corp's ROE of 11.5% shows moderate profitability relative to equity, earning a score of 46/100. This is up from 9.3% the prior year.

Piotroski F-Score Neutral
6/9

First Utd Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.08x

For every $1 of reported earnings, First Utd Corp generates $1.08 in operating cash flow ($22.3M OCF vs $20.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

This page shows First Utd Corp (FUNC) 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).

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Key Financial Metrics

Revenue
$17.7M
YoY+6.3%
5Y CAGR+6.4%
10Y CAGR-9.2%

First Utd Corp generated $17.7M in revenue in fiscal year 2024. This represents an increase of 6.3% from the prior year.

EBITDA
N/A
Free Cash Flow
$20.4M
YoY-8.0%
5Y CAGR+10.4%
10Y CAGR+20.5%

First Utd Corp generated $20.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 8.0% from the prior year.

Net Income
$20.6M
YoY+36.6%
5Y CAGR+9.4%
10Y CAGR+13.9%

First Utd Corp reported $20.6M in net income in fiscal year 2024. This represents an increase of 36.6% from the prior year.

EPS (Diluted)
$3.15
YoY+40.0%
5Y CAGR+11.2%

First Utd Corp earned $3.15 per diluted share (EPS) in fiscal year 2024. This represents an increase of 40.0% from the prior year.

Cash & Debt
$78.3M
YoY+57.4%
5Y CAGR+9.4%
10Y CAGR+8.3%

First Utd Corp held $78.3M in cash against $120.9M in long-term debt as of fiscal year 2024.

Dividends Per Share
$0.84
YoY+5.0%
5Y CAGR+13.8%

First Utd Corp paid $0.84 per share in dividends in fiscal year 2024. This represents an increase of 5.0% from the prior year.

Shares Outstanding
6M
YoY-2.5%
5Y CAGR-1.9%
10Y CAGR+0.4%

First Utd Corp had 6M shares outstanding in fiscal year 2024. This represents a decrease of 2.5% from the prior year.

Gross Margin
N/A
Operating Margin
N/A
Net Margin
116.1%
YoY+25.8pp
5Y CAGR+14.9pp
10Y CAGR+104.0pp

First Utd Corp's net profit margin was 116.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 25.8 percentage points from the prior year.

Return on Equity
11.5%
YoY+2.2pp
5Y CAGR+1.0pp
10Y CAGR+6.3pp

First Utd Corp's ROE was 11.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.2 percentage points from the prior year.

R&D Spending
N/A
Share Buybacks
$4.0M
YoY+169.5%

First Utd Corp spent $4.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 169.5% from the prior year.

Capital Expenditures
$1.9M
YoY+444.8%
5Y CAGR-13.5%
10Y CAGR+10.3%

First Utd Corp invested $1.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 444.8% from the prior year.

FUNC Income Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Revenue $25.8M+3.6% $24.9M+3.4% $24.1M+3.5% $23.3M+0.6% $23.1M+5.5% $21.9M N/A $21.2M
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 N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense $8.4M+2.4% $8.2M+1.5% $8.0M+0.2% $8.0M+2.0% $7.9M-2.6% $8.1M N/A $7.2M
Income Tax $2.3M+16.2% $2.0M+4.4% $1.9M-2.1% $1.9M+20.2% $1.6M+38.3% $1.2M N/A $1.3M
Net Income $6.9M+16.1% $6.0M+3.1% $5.8M+0.6% $5.8M+17.4% $4.9M+32.9% $3.7M N/A $4.5M
EPS (Diluted) $1.07+16.3% $0.92+3.4% $0.890.0% $0.89+18.7% $0.75+33.9% $0.56 N/A $0.67

FUNC Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Total Assets $2.0B+0.8% $2.0B+1.4% $2.0B+0.3% $2.0B+5.6% $1.9B-2.3% $1.9B+0.4% $1.9B-1.2% $1.9B
Current Assets N/A N/A N/A N/A N/A N/A N/A N/A
Cash & Equivalents $95.2M+20.3% $79.1M-6.3% $84.4M+7.8% $78.3M+73.7% $45.1M-48.1% $86.9M+74.7% $49.8M-38.3% $80.7M
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 N/A N/A N/A $11.0M0.0% $11.0M0.0% $11.0M0.0% $11.0M N/A
Total Liabilities $1.8B+0.5% $1.8B+1.1% $1.8B+0.1% $1.8B+5.2% $1.7B-2.5% $1.7B+0.2% $1.7B-1.6% $1.8B
Current Liabilities N/A N/A N/A N/A N/A N/A N/A N/A
Long-Term Debt $95.9M-20.7% $120.9M0.0% $120.9M0.0% $120.9M+70.5% $70.9M0.0% $70.9M-36.1% $110.9M0.0% $110.9M
Total Equity $199.1M+4.2% $191.1M+4.1% $183.7M+2.5% $179.3M+9.2% $164.2M-0.8% $165.5M+2.2% $161.9M+4.4% $155.0M
Retained Earnings $203.2M+2.7% $197.9M+2.4% $193.4M+2.3% $189.0M+5.1% $179.9M+2.1% $176.3M+1.4% $173.9M+0.2% $173.5M

FUNC Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Operating Cash Flow $1.5M+52.5% $995K-85.7% $7.0M-24.7% $9.2M+29.1% $7.2M+99.6% $3.6M-37.1% $5.7M-34.6% $8.7M
Capital Expenditures $1.3M+366.8% $289K-50.6% $585K+1200.0% $45K-61.2% $116K+78.5% $65K+828.6% $7K-88.7% $62K
Free Cash Flow $168K-76.2% $706K-88.9% $6.4M-30.7% $9.2M+30.6% $7.0M+100.0% $3.5M-38.2% $5.7M-34.2% $8.7M
Investing Cash Flow $7.0M+126.5% -$26.2M-721.6% -$3.2M+92.3% -$41.6M-10325.8% -$399K-101.4% $28.3M+1621.1% -$1.9M+86.4% -$13.7M
Financing Cash Flow $7.6M-61.8% $19.9M+754.2% $2.3M-95.2% $48.3M+199.4% -$48.6M-1017.2% $5.3M+115.3% -$34.7M-1089.4% -$2.9M
Dividends Paid $1.4M+0.3% $1.4M+0.1% $1.4M+0.1% $1.4M+6.9% $1.3M+0.2% $1.3M-0.9% $1.3M-0.2% $1.3M
Share Buybacks N/A N/A N/A $1K N/A N/A $1.5M N/A

FUNC Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 27.0%+2.9pp 24.1%-0.1pp 24.1%-0.7pp 24.8%+3.5pp 21.3%+4.4pp 16.9% N/A 21.3%
Return on Equity 3.5%+0.4pp 3.1%-0.0pp 3.2%-0.2pp 3.3%+0.3pp 3.0%+0.8pp 2.2% N/A 2.9%
Return on Assets 0.3%+0.0pp 0.3%+0.0pp 0.3%-0.0pp 0.3%+0.0pp 0.3%+0.1pp 0.2% N/A 0.2%
Current Ratio N/A N/A N/A N/A N/A N/A N/A N/A
Debt-to-Equity 0.48-0.2 0.63-0.0 0.66-0.0 0.67+0.2 0.430.0 0.43-0.3 0.69-0.0 0.72
FCF Margin 0.7%-2.2pp 2.8%-23.7pp 26.5%+24.0pp 2.5%-28.0pp 30.5%+14.4pp 16.1% N/A 40.9%

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Frequently Asked Questions

What is First Utd Corp's annual revenue?

First Utd Corp (FUNC) reported $17.7M in total revenue for fiscal year 2024. This represents a 6.3% 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 Utd Corp's revenue growing?

First Utd Corp (FUNC) revenue grew by 6.3% year-over-year, from $16.7M to $17.7M in fiscal year 2024.

Is First Utd Corp profitable?

Yes, First Utd Corp (FUNC) reported a net income of $20.6M in fiscal year 2024, with a net profit margin of 116.1%.

What is First Utd Corp's earnings per share (EPS)?

First Utd Corp (FUNC) reported diluted earnings per share of $3.15 for fiscal year 2024. This represents a 40.0% 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.

How much debt does First Utd Corp have?

As of fiscal year 2024, First Utd Corp (FUNC) had $78.3M in cash and equivalents against $120.9M in long-term debt.

What is First Utd Corp's net profit margin?

First Utd Corp (FUNC) had a net profit margin of 116.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does First Utd Corp pay dividends?

Yes, First Utd Corp (FUNC) paid $0.84 per share in dividends during fiscal year 2024.

What is First Utd Corp's return on equity (ROE)?

First Utd Corp (FUNC) has a return on equity of 11.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is First Utd Corp's free cash flow?

First Utd Corp (FUNC) generated $20.4M in free cash flow during fiscal year 2024. This represents a -8.0% 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 Utd Corp's operating cash flow?

First Utd Corp (FUNC) generated $22.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are First Utd Corp's total assets?

First Utd Corp (FUNC) had $2.0B in total assets as of fiscal year 2024, including both current and long-term assets.

What are First Utd Corp's capital expenditures?

First Utd Corp (FUNC) invested $1.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does First Utd Corp buy back shares?

Yes, First Utd Corp (FUNC) spent $4.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does First Utd Corp have outstanding?

First Utd Corp (FUNC) had 6M shares outstanding as of fiscal year 2024.

What is First Utd Corp's debt-to-equity ratio?

First Utd Corp (FUNC) had a debt-to-equity ratio of 0.67 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is First Utd Corp's return on assets (ROA)?

First Utd Corp (FUNC) 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 Utd Corp's Piotroski F-Score?

First Utd Corp (FUNC) has a Piotroski F-Score of 6 out of 9, indicating neutral 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 Utd Corp's earnings high quality?

First Utd Corp (FUNC) has an earnings quality ratio of 1.08x, 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 Utd Corp?

First Utd Corp (FUNC) scores 70 out of 100 on our Financial Profile, indicating strong 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.