Infinite Group Financials
This page shows Infinite Group (IMCI) 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Infinite Group has an operating margin of -13.7%, meaning the company retains $-14 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -27.4% the prior year.
Infinite Group's revenue declined 5.6% year-over-year, from $7.0M to $6.6M. This contraction results in a growth score of 13/100.
Infinite Group's current ratio of 0.09 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While Infinite Group generated -$985K in operating cash flow, capex of $563 consumed most of it, leaving -$986K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Infinite Group passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Infinite Group generates $0.60 in operating cash flow (-$985K OCF vs -$1.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Infinite Group earns $-1.0 in operating income for every $1 of interest expense (-$896K vs $880K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Infinite Group generated $6.6M in revenue in fiscal year 2024. This represents a decrease of 5.6% from the prior year.
Infinite Group's EBITDA was -$676K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 59.5% from the prior year.
Infinite Group generated -$986K in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 436.8% from the prior year.
Infinite Group reported -$1.6M in net income in fiscal year 2024. This represents an increase of 11.1% from the prior year.
Infinite Group earned $-3.16 per diluted share (EPS) in fiscal year 2024. This represents an increase of 14.6% from the prior year.
Infinite Group held $169K in cash against $925K in long-term debt as of fiscal year 2024.
Infinite Group had 521,175 shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Infinite Group's gross margin was 42.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.2 percentage points from the prior year.
Infinite Group's operating margin was -13.7% in fiscal year 2024, reflecting core business profitability. This is up 13.7 percentage points from the prior year.
Infinite Group's net profit margin was -25.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.6 percentage points from the prior year.
Infinite Group invested $563 in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 73.2% from the prior year.
IMCI Income Statement
| Metric | Q3'26 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $835K-50.4% | $1.7M-2.2% | $1.7M+5.2% | $1.6M+0.5% | $1.6M+3.1% | $1.6M-7.1% | $1.7M-0.5% | $1.7M |
| Cost of Revenue | $534K-42.8% | $935K+0.6% | $930K-1.6% | $945K+2.0% | $927K-4.6% | $971K+2.5% | $947K-5.7% | $1.0M |
| Gross Profit | $301K-59.9% | $749K-5.3% | $791K+14.5% | $691K-1.5% | $701K+15.5% | $607K-19.2% | $751K+6.9% | $703K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $372K-15.6% | $441K-15.2% | $520K+14.6% | $453K+2.1% | $444K-1.7% | $452K-23.8% | $593K-4.4% | $620K |
| Operating Income | -$500K-297.8% | -$126K+50.1% | -$252K+3.9% | -$262K-103.6% | -$129K+49.1% | -$253K+44.1% | -$453K+22.3% | -$583K |
| Interest Expense | $115K-27.5% | $159K-24.0% | $209K+6.0% | $197K-22.0% | $252K+13.8% | $222K-15.6% | $263K-3.0% | $271K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$670K-135.5% | -$284K+18.2% | -$348K+24.4% | -$460K-20.5% | -$381K+17.0% | -$460K+35.8% | -$715K+16.2% | -$854K |
| EPS (Diluted) | $-1.28-132.7% | $-0.55+17.9% | $-0.67+23.9% | $-0.88-20.5% | $-0.73+17.0% | $-0.88+20.0% | $-1.10+33.3% | $-1.65 |
IMCI Balance Sheet
| Metric | Q3'26 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | N/A | $1.2M-19.7% | $1.5M+8.8% | $1.4M+2.0% | $1.3M+26.6% | $1.1M-23.9% | $1.4M-9.3% | $1.5M |
| Current Assets | N/A | $514K-37.6% | $824K+20.8% | $682K+7.2% | $636K+87.3% | $340K-10.2% | $378K-22.5% | $488K |
| Cash & Equivalents | N/A | $21K-87.4% | $169K+651.5% | $22K+25.0% | $18K+321.6% | $4K-83.3% | $25K+178.8% | $9K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | $267K-32.0% | $393K+32.2% | $297K+91.2% | $155K+68.1% | $92K-56.9% | $214K+6.5% | $201K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | N/A | $11.7M-0.1% | $11.7M+4.8% | $11.1M+3.9% | $10.7M+6.6% | $10.1M+1.3% | $9.9M+6.1% | $9.4M |
| Current Liabilities | N/A | $9.6M0.0% | $9.6M-2.5% | $9.9M-1.5% | $10.0M+7.2% | $9.3M+4.6% | $8.9M+7.6% | $8.3M |
| Long-Term Debt | N/A | N/A | $925K | N/A | $1.0M-2.3% | $1.1M+0.1% | $1.1M+1.0% | $1.1M |
| Total Equity | N/A | -$10.5M-2.8% | -$10.2M-4.3% | -$9.8M-4.1% | -$9.4M-4.2% | -$9.0M-5.3% | -$8.6M-9.1% | -$7.8M |
| Retained Earnings | N/A | -$42.8M-0.7% | -$42.5M-1.0% | -$42.1M-0.9% | -$41.7M-0.9% | -$41.3M-1.1% | -$40.9M-1.8% | -$40.2M |
IMCI Cash Flow Statement
| Metric | Q3'26 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$181K+6.7% | -$194K+31.4% | -$282K+64.6% | -$797K-472.5% | $214K+278.6% | -$120K+6.8% | -$128K+65.6% | -$374K |
| Capital Expenditures | $564-84.5% | $4K+363500.0% | -$1-100.2% | $564 | $0 | $0+100.0% | -$1 | $0 |
| Free Cash Flow | -$181K-3109.9% | $6K+102.1% | -$282K+64.6% | -$797K-472.8% | $214K+278.6% | -$120K+6.8% | -$128K+65.6% | -$374K |
| Investing Cash Flow | -$46K+41.4% | -$78K-101.9% | -$39K+20.8% | -$49K-4.1% | -$47K+12.0% | -$54K-13.1% | -$47K+15.7% | -$56K |
| Financing Cash Flow | $261K+110.3% | $124K-73.4% | $468K-45.0% | $850K+655.6% | -$153K-200.6% | $152K-20.8% | $192K-54.4% | $422K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
IMCI Financial Ratios
| Metric | Q3'26 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.0%-8.5pp | 44.5%-1.5pp | 46.0%+3.7pp | 42.2%-0.9pp | 43.1%+4.6pp | 38.5%-5.8pp | 44.2%+3.1pp | 41.1% |
| Operating Margin | -59.9%-52.5pp | -7.5%+7.2pp | -14.6%+1.4pp | -16.0%-8.1pp | -7.9%+8.1pp | -16.0%+10.6pp | -26.7%+7.5pp | -34.1% |
| Net Margin | -80.2%-63.3pp | -16.9%+3.3pp | -20.2%+7.9pp | -28.1%-4.7pp | -23.4%+5.7pp | -29.1%+13.0pp | -42.1%+7.9pp | -50.0% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | -24.0%-0.4pp | -23.6%+10.3pp | -33.9%-5.2pp | -28.7%+15.1pp | -43.8%+8.1pp | -51.9%+4.3pp | -56.2% |
| Current Ratio | N/A | 0.05-0.0 | 0.09+0.0 | 0.070.0 | 0.06+0.0 | 0.040.0 | 0.04-0.0 | 0.06 |
| Debt-to-Equity | N/A | -1.11-1.0 | -0.09+1.0 | -1.14-1.0 | -0.110.0 | -0.120.0 | -0.120.0 | -0.13 |
| FCF Margin | -21.7%-22.0pp | 0.3%+16.7pp | -16.4%+32.3pp | -48.7%-61.9pp | 13.1%+20.7pp | -7.6%-0.0pp | -7.6%+14.3pp | -21.9% |
Note: Shareholder equity is negative (-$10.2M), 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 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Infinite Group's annual revenue?
Infinite Group (IMCI) reported $6.6M in total revenue for fiscal year 2024. This represents a -5.6% 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 Infinite Group's revenue growing?
Infinite Group (IMCI) revenue declined by 5.6% year-over-year, from $7.0M to $6.6M in fiscal year 2024.
Is Infinite Group profitable?
No, Infinite Group (IMCI) reported a net income of -$1.6M in fiscal year 2024, with a net profit margin of -25.1%.
What is Infinite Group's earnings per share (EPS)?
Infinite Group (IMCI) reported diluted earnings per share of $-3.16 for fiscal year 2024. This represents a 14.6% 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.
What is Infinite Group's EBITDA?
Infinite Group (IMCI) had EBITDA of -$676K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Infinite Group have?
As of fiscal year 2024, Infinite Group (IMCI) had $169K in cash and equivalents against $925K in long-term debt.
What is Infinite Group's gross margin?
Infinite Group (IMCI) had a gross margin of 42.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Infinite Group's operating margin?
Infinite Group (IMCI) had an operating margin of -13.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Infinite Group's net profit margin?
Infinite Group (IMCI) had a net profit margin of -25.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Infinite Group's free cash flow?
Infinite Group (IMCI) generated -$986K in free cash flow during fiscal year 2024. This represents a -436.8% 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 Infinite Group's operating cash flow?
Infinite Group (IMCI) generated -$985K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Infinite Group's total assets?
Infinite Group (IMCI) had $1.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Infinite Group's capital expenditures?
Infinite Group (IMCI) invested $563 in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Infinite Group have outstanding?
Infinite Group (IMCI) had 521,175 shares outstanding as of fiscal year 2024.
What is Infinite Group's current ratio?
Infinite Group (IMCI) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Infinite Group's debt-to-equity ratio?
Infinite Group (IMCI) had a debt-to-equity ratio of -0.09 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Infinite Group's return on assets (ROA)?
Infinite Group (IMCI) had a return on assets of -111.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Infinite Group's cash runway?
Based on fiscal year 2024 data, Infinite Group (IMCI) had $169K in cash against an annual operating cash burn of $985K. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Infinite Group's debt-to-equity ratio negative or unusual?
Infinite Group (IMCI) has negative shareholder equity of -$10.2M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. 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 Infinite Group's Piotroski F-Score?
Infinite Group (IMCI) has a Piotroski F-Score of 5 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 Infinite Group's earnings high quality?
Infinite Group (IMCI) has an earnings quality ratio of 0.60x, considered low quality (accrual-driven). 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 Infinite Group cover its interest payments?
Infinite Group (IMCI) has an interest coverage ratio of -1.0x, meaning it can struggle to 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.
How financially healthy is Infinite Group?
Infinite Group (IMCI) scores 3 out of 100 on our Financial Profile, indicating weak 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.