What is MicroCloud Hologram Inc. Warrant's earnings per share (EPS)?

MicroCloud Hologram Inc. Warrant (HOLOW) reported diluted earnings per share of -$0.56 for fiscal year 2025. 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.

MicroCloud Hologram Inc. Warrant (HOLOW) Financials

HOLOW

FY2025 annual

Revenue $56.5M +38.6% YoY

Net Income -$7.0M +22.1% YoY

EPS (Diluted) -$0.56 YoY not available

Free Cash Flow $7.9M +156.9% YoY

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 27, 2026 Currency USD FYE December

Newest figures come from the 10-K for FY2025, filed Mar 27, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HOLOW SEC filings page.

MicroCloud Hologram Inc. Warrant (HOLOW) reported $56.5M in revenue for fiscal year 2025, up 38.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).

Rhea AI HOLOW FY2025 2026-08-30

Near-break-even operations coexist with net losses and an unusually equity-funded balance sheet, making financing structure more informative than sales growth.

FY2025 operating cash flow of $7.9M nearly matched free cash flow of $7.9M, despite negative reported earnings; cash generation and accounting profit moved in opposite directions. Operating income was only $365K while net income was -$7.0M, pointing to material below-operating-line effects that the supplied income statement does not identify.

At $395.3M, FY2025 assets were roughly 7.0x annual revenue, so balance-sheet scale—not sales—dominates the reported financial profile. The 0.0x debt-to-equity ratio and $176.4M of financing inflows indicate expansion funded mainly through non-debt capital rather than borrowing.

Revenue recovered to $56.5M in FY2025 from $28.9M in FY2023, but the margin structure weakened alongside that rebound. Gross margin fell from 36.5% to 21.3%, meaning the higher sales base did not translate into the same economic contribution per dollar.

Financial Health Signals

Financial health score not available

MicroCloud Hologram Inc. Warrant 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.

Piotroski F-Score Partial

4/8

MicroCloud Hologram Inc. Warrant passes 4 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, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

MicroCloud Hologram Inc. Warrant reported a net loss of $7.0M while generating $7.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$262.3M

YoY+121.4%

QoQ+17.6%

MicroCloud Hologram Inc. Warrant held $262.3M in cash as of Q4 2025; long-term debt is not reported for that period.

Shares Outstanding

23M

MicroCloud Hologram Inc. Warrant had 23M shares outstanding in Q4 2025.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

HOLOW 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.

HOLOW quarterly income statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
Revenue	$56.5M+38.6%	$40.8M+41.1%	$28.9M-60.2%	$72.5M+28.8%	$56.3M	N/A
Cost of Revenue	$44.5M+40.9%	$31.6M+72.1%	$18.3M-53.4%	$39.3M+130.7%	$17.0M	N/A
Gross Profit	$12.0M+30.8%	$9.2M-12.8%	$10.5M-68.2%	$33.2M-15.4%	$39.2M	N/A
R&D Expenses	$8.0M-67.4%	$24.5M+119.4%	$11.2M-77.3%	$49.2M+115.8%	$22.8M	N/A
SG&A Expenses	$2.7M-17.5%	$3.3M-64.8%	$9.3M+172.1%	$3.4M+8.3%	$3.1M	$0
Operating Income	$365K+101.9%	-$19.4M-77.7%	-$10.9M+48.5%	-$21.2M-271.4%	$12.4M	N/A
EBITDA	$394K+102.0%	-$19.3M-78.5%	-$10.8M+48.9%	-$21.1M-270.3%	$12.4M	N/A
Interest Expense	N/A	N/A	N/A	N/A	$50K	N/A
Income Tax	N/A	$356K+160.7%	-$587K-378.4%	-$123K+1.6%	-$125K	$0
Net Income	-$7.0M+22.1%	-$9.0M+22.1%	-$11.6M+42.9%	-$20.3M-259.1%	$12.8M+39614.2%	-$32K
EPS (Basic)	-$0.56+21.1%	-$0.71+86.7%	-$5.33	N/A	N/A	N/A
EPS (Diluted)	-$0.56	-$0.71	-$5.33	N/A	$1.45	N/A
Diluted Shares (Avg)	13M	319,503	6,552	100,358	13M	N/A

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	$6.6M-72.8%	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	$2.7M-79.9%	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	$3.9M-64.0%	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	$4.1M-37.3%	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	$1.1M+62.0%	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	-$3.8M-216.2%	N/A
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	-$3.8M	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	-$28K+49.8%	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	-$3.6M-206.1%	N/A

Not reported in any period shown, so not listed: Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

HOLOW Balance Sheet

HOLOW quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
Total Assets	$395.3M+76.0%	$224.7M+891.0%	$22.7M-44.6%	$40.9M+46.9%	$27.8M+58323.9%	$48K
Current Assets	$395.0M+76.2%	$224.1M+943.4%	$21.5M-38.1%	$34.7M+67.4%	$20.7M+114383.2%	$18K
Cash & Equivalents	$262.3M+121.4%	$118.5M+565.6%	$17.8M-18.8%	$21.9M+190.8%	$7.5M+41484.9%	$18K
Short-Term Investments	$127.9M+26.7%	$100.9M	$0	$0	$0	$0
Inventory	$17K-84.3%	$107K-45.1%	$194K-23.9%	$255K-15.7%	$302K	N/A
Accounts Receivable	$3.2M-3.5%	$3.3M+135.0%	$1.4M-88.1%	$11.7M+8.8%	$10.7M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	$3.1M-7.6%	$3.3M	N/A
Total Liabilities	$11.8M+165.3%	$4.4M+62.4%	$2.7M-77.9%	$12.4M+20.9%	$10.2M+11602.9%	$87K
Current Liabilities	$11.8M+174.2%	$4.3M+76.5%	$2.4M-79.3%	$11.8M+18.7%	$9.9M+11245.9%	$87K
Non-Current Liabilities	$0-100.0%	$144K-51.8%	$299K-49.7%	$595K+91.0%	$312K	$0
Total Equity	$382.8M+73.7%	$220.3M+1005.9%	$19.9M-30.1%	$28.5M+61.7%	$17.6M+44528.9%	-$40K
Retained Earnings	-$37.4M-26.7%	-$29.5M-42.7%	-$20.7M-126.6%	-$9.1M-178.7%	$11.6M+29305.2%	-$40K

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q
Total Assets	$395.3M+76.0%	$412.0M+276.6%	$224.7M+891.0%	$109.4M+212.4%	$22.7M-44.6%	$35.0M-40.0%	$37.1M-36.2%	$40.9M+46.9%
Current Assets	$395.0M+76.2%	$411.5M+278.5%	$224.1M+943.4%	$108.7M+267.5%	$21.5M-38.1%	$29.6M+17717249.1%	$31.1M+41746.7%	$34.7M+67.4%
Cash & Equivalents	$262.3M+121.4%	$223.0M+152.2%	$118.5M+565.6%	$88.4M+368.8%	$17.8M-18.8%	$18.9M	$20.3M+69833.3%	$21.9M+190.8%
Short-Term Investments	$127.9M+26.7%	$183.8M+1094.4%	$100.9M	$15.4M	$0	$0	$0	$0
Inventory	$17K-84.3%	$83K-52.9%	$107K-45.1%	$175K-31.7%	$194K-23.9%	$257K	$275K	$255K-15.7%
Accounts Receivable	$3.2M-3.5%	$3.7M+13.8%	$3.3M+135.0%	$3.2M-64.4%	$1.4M-88.1%	$9.1M	$9.6M	$11.7M+8.8%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	$2.9M	$3.1M	$3.1M-7.6%
Total Liabilities	$11.8M+165.3%	$11.4M+38.0%	$4.4M+62.4%	$8.2M-27.4%	$2.7M-77.9%	$11.4M-81.4%	$12.0M-80.2%	$12.4M+20.9%
Current Liabilities	$11.8M+174.2%	$11.3M+41.2%	$4.3M+76.5%	$8.0M-27.1%	$2.4M-79.3%	$11.0M+1635.6%	$11.5M+2817.7%	$11.8M+18.7%
Non-Current Liabilities	$0-100.0%	$36K-83.2%	$144K-51.8%	$212K-38.0%	$299K-49.7%	$342K-99.4%	$518K-99.1%	$595K+91.0%
Total Equity	$382.8M+73.7%	$400.7M+295.7%	$220.3M+1005.9%	$101.3M+327.9%	$19.9M-30.1%	$23.7M+948.2%	$25.1M+1126.3%	$28.5M+61.7%
Retained Earnings	-$37.4M-26.7%	$3.6M+109.6%	-$29.5M-42.7%	-$37.7M-184.0%	-$20.7M-126.6%	-$13.3M-368.2%	-$12.6M-414.2%	-$9.1M-178.7%

Not reported in any period shown, so not listed: Long-Term Debt.

HOLOW Cash Flow Statement

HOLOW quarterly cash flow statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
Operating Cash Flow	$7.9M+157.0%	-$13.8M-251.8%	-$3.9M+80.3%	-$20.0M-223.8%	$16.2M+50192.7%	-$32K
Depreciation & Amortization	$29K-74.8%	$115K+0.3%	$115K+65.9%	$69K+51.3%	$46K	N/A
Stock-Based Compensation	N/A	$134K-97.1%	$4.6M	N/A	N/A	N/A
Capital Expenditures	$14K+734.9%	$2K-98.5%	$110K-59.4%	$271K+1171.6%	$21K	N/A
Free Cash Flow	$7.9M+156.9%	-$13.8M-242.3%	-$4.0M+80.1%	-$20.3M-225.6%	$16.1M	N/A
Investing Cash Flow	-$40.7M+57.2%	-$95.0M-48606.0%	-$195K-111.4%	$1.7M+113.0%	-$13.2M	$0
Financing Cash Flow	$176.4M-15.8%	$209.6M+66919.0%	$313K-99.1%	$33.3M+16390.5%	-$204K-506.2%	$50K

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	-$891K-67.3%	-$1.5M-638.5%	-$24.9M-247.6%
Depreciation & Amortization	N/A	N/A	N/A	N/A	N/A	N/A	$27K	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$19K-93.1%	$31K+4315.0%	$16K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$910K-13.4%	-$1.5M-651.4%	-$24.9M
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	-$18K-101.8%	-$119K+88.7%	-$428K-101.0%
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	$5K-95.9%	-$102K-173.5%	$279K+100.5%

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

HOLOW 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.

HOLOW quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
Gross Margin	21.3%-1.3pp	22.5%-13.9pp	36.5%-9.3pp	45.8%-24.0pp	69.7%	N/A
Operating Margin	0.7%+48.2pp	-47.6%-9.8pp	-37.8%-8.5pp	-29.3%-51.2pp	22.0%	N/A
Net Margin	-12.4%+9.7pp	-22.1%+17.9pp	-40.1%-12.1pp	-28.0%-50.6pp	22.7%	N/A
Return on Equity	-1.8%+2.3pp	-4.1%+54.0pp	-58.1%+13.0pp	-71.2%-143.5pp	72.4%	N/A
Return on Assets	-1.8%+2.2pp	-4.0%+47.1pp	-51.1%-1.5pp	-49.6%-95.4pp	45.8%+113.5pp	-67.7%
Current Ratio	33.54-18.6x	52.19+43.4x	8.83+5.9x	2.95+0.9x	2.09+1.9x	0.21
Debt-to-Equity	0.030.0x	0.02-0.1x	0.14-0.3x	0.43-0.1x	0.58	N/A
Asset Turnover	0.140.0x	0.18-1.1x	1.27-0.5x	1.77-0.2x	2.02	N/A
FCF Margin	13.9%+47.9pp	-34.0%-20.0pp	-14.0%+14.0pp	-28.0%-56.6pp	28.7%	N/A

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	59.1%+14.5pp	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	-57.8%-71.4pp	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	-54.9%-69.0pp	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	-14.4%	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	-9.7%-15.6pp	N/A
Current Ratio	33.54-18.6x	36.26+22.7x	52.19+43.4x	13.53+10.8x	8.83+5.9x	2.69+2.7x	2.70+2.5x	2.95+0.9x
Debt-to-Equity	0.030.0x	0.03-0.1x	0.02-0.1x	0.08-0.4x	0.14-0.3x	0.48	0.48	0.43-0.1x
Asset Turnover	N/A	N/A	N/A	N/A	N/A	N/A	0.18-0.2x	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	-22.7%-23.8pp	N/A

Where MicroCloud Hologram Inc. Warrant Ranks

Frequently Asked Questions

What is MicroCloud Hologram Inc. Warrant's annual revenue?

MicroCloud Hologram Inc. Warrant (HOLOW) reported $56.5M in total revenue for fiscal year 2025. This represents a 38.6% 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 MicroCloud Hologram Inc. Warrant's revenue growing?

MicroCloud Hologram Inc. Warrant (HOLOW) revenue grew by 38.6% year-over-year, from $40.8M to $56.5M in fiscal year 2025.

Is MicroCloud Hologram Inc. Warrant profitable?

No, MicroCloud Hologram Inc. Warrant (HOLOW) reported a net income of -$7.0M in fiscal year 2025, with a net profit margin of -12.4%.

What is MicroCloud Hologram Inc. Warrant's EBITDA?

MicroCloud Hologram Inc. Warrant (HOLOW) had EBITDA of $394K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is MicroCloud Hologram Inc. Warrant's gross margin?

MicroCloud Hologram Inc. Warrant (HOLOW) had a gross margin of 21.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is MicroCloud Hologram Inc. Warrant's operating margin?

MicroCloud Hologram Inc. Warrant (HOLOW) had an operating margin of 0.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is MicroCloud Hologram Inc. Warrant's net profit margin?

MicroCloud Hologram Inc. Warrant (HOLOW) had a net profit margin of -12.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is MicroCloud Hologram Inc. Warrant's return on equity (ROE)?

MicroCloud Hologram Inc. Warrant (HOLOW) has a return on equity of -1.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is MicroCloud Hologram Inc. Warrant's free cash flow?

MicroCloud Hologram Inc. Warrant (HOLOW) generated $7.9M in free cash flow during fiscal year 2025. This represents a 156.9% 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 MicroCloud Hologram Inc. Warrant's operating cash flow?

MicroCloud Hologram Inc. Warrant (HOLOW) generated $7.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are MicroCloud Hologram Inc. Warrant's total assets?

MicroCloud Hologram Inc. Warrant (HOLOW) had $395.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are MicroCloud Hologram Inc. Warrant's capital expenditures?

MicroCloud Hologram Inc. Warrant (HOLOW) invested $14K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does MicroCloud Hologram Inc. Warrant spend on research and development?

MicroCloud Hologram Inc. Warrant (HOLOW) invested $8.0M in research and development during fiscal year 2025.

How many shares does MicroCloud Hologram Inc. Warrant have outstanding?

MicroCloud Hologram Inc. Warrant (HOLOW) had 23M shares outstanding as of fiscal year 2025.

What is MicroCloud Hologram Inc. Warrant's current ratio?

MicroCloud Hologram Inc. Warrant (HOLOW) had a current ratio of 33.54 as of fiscal year 2025, which is generally considered healthy.

What is MicroCloud Hologram Inc. Warrant's debt-to-equity ratio?

MicroCloud Hologram Inc. Warrant (HOLOW) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is MicroCloud Hologram Inc. Warrant's return on assets (ROA)?

MicroCloud Hologram Inc. Warrant (HOLOW) had a return on assets of -1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is MicroCloud Hologram Inc. Warrant's Piotroski F-Score?

MicroCloud Hologram Inc. Warrant (HOLOW) has a Piotroski F-Score of 4 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 MicroCloud Hologram Inc. Warrant's earnings high quality?

MicroCloud Hologram Inc. Warrant (HOLOW) reported a net loss of $7.0M while generating $7.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.