Adamas One Corp Financials
This page shows Adamas One Corp (JEWL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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 FY2023 annual data. Scores normalized against common benchmarks. How we calculate these scores
Adamas One Corp has an operating margin of -1991.4%, meaning the company retains $-1991 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 down from -499.6% the prior year.
Adamas One Corp's revenue declined 43.7% year-over-year, from $1.8M to $1.0M. This contraction results in a growth score of 0/100.
Adamas One Corp has elevated debt relative to equity (D/E of 3.13), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Adamas One Corp's current ratio of 0.20 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
Adamas One Corp passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Adamas One Corp generates $0.30 in operating cash flow (-$6.8M OCF vs -$22.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Adamas One Corp earns $-45.8 in operating income for every $1 of interest expense (-$20.1M vs $438K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Adamas One Corp generated $1.0M in revenue in fiscal year 2023. This represents a decrease of 43.7% from the prior year.
Adamas One Corp's EBITDA was -$19.6M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 129.8% from the prior year.
Adamas One Corp reported -$22.5M in net income in fiscal year 2023. This represents a decrease of 103.7% from the prior year.
Adamas One Corp held $26K in cash against $0 in long-term debt as of fiscal year 2023.
Adamas One Corp had 27M shares outstanding in fiscal year 2023. This represents an increase of 66.3% from the prior year.
Adamas One Corp's gross margin was 74.9% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is up 8.6 percentage points from the prior year.
Adamas One Corp's operating margin was -1991.4% in fiscal year 2023, reflecting core business profitability. This is down 1491.8 percentage points from the prior year.
Adamas One Corp's net profit margin was -2237.2% in fiscal year 2023, showing the share of revenue converted to profit. This is down 1618.4 percentage points from the prior year.
Adamas One Corp invested $200K in research and development in fiscal year 2023. This represents a decrease of 9.1% from the prior year.
JEWL Income Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'22 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|
| Revenue | $180K+1467.6% | $11K-94.8% | $220K | N/A | $617K+27.4% | $485K |
| Cost of Revenue | $161K+1076.3% | $14K-95.2% | $287K | N/A | $216K+47.3% | $147K |
| Gross Profit | $19K+925.2% | -$2K+96.7% | -$67K | N/A | $401K+18.7% | $338K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.5M-23.9% | $2.0M+61.8% | $1.2M | N/A | $1.4M+119.6% | $625K |
| Operating Income | -$1.9M+48.3% | -$3.7M-100.2% | -$1.9M | N/A | -$1.1M+71.9% | -$4.0M |
| Interest Expense | $179K+154.1% | -$331K-259.9% | $207K | N/A | $610K+544.8% | $95K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$2.2M+55.2% | -$4.9M-61.9% | -$3.0M | N/A | -$1.7M+57.7% | -$4.1M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A |
JEWL Balance Sheet
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'22 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|
| Total Assets | $11.4M-10.0% | $12.6M-2.5% | $12.9M+62.1% | $8.0M | N/A | N/A |
| Current Assets | $1.4M-12.9% | $1.6M-13.2% | $1.8M+26.7% | $1.4M | N/A | N/A |
| Cash & Equivalents | $16K-74.9% | $64K-81.2% | $340K+285.8% | $88K-59.3% | $217K+140.4% | $90K |
| Inventory | $1.3M-10.3% | $1.5M+2.2% | $1.5M+2381.0% | $59K | N/A | N/A |
| Accounts Receivable | $15K0.0% | $15K+86.1% | $8K-99.4% | $1.3M | N/A | N/A |
| Goodwill | $5.4M0.0% | $5.4M0.0% | $5.4M0.0% | $5.4M | N/A | N/A |
| Total Liabilities | $13.0M-0.8% | $13.1M+11.2% | $11.8M-7.6% | $12.8M | N/A | N/A |
| Current Liabilities | $12.7M+7.6% | $11.8M+13.1% | $10.4M-18.6% | $12.8M | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.7M-227.8% | -$506K-144.3% | $1.1M+125.2% | -$4.5M+32.5% | -$6.7M+13.4% | -$7.8M |
| Retained Earnings | -$73.7M-3.1% | -$71.5M-7.4% | -$66.6M-61.3% | -$41.3M | N/A | N/A |
JEWL Cash Flow Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'22 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$161K+86.9% | -$1.2M-72.9% | -$712K+55.4% | -$1.6M-496.3% | -$268K+36.0% | -$419K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0+100.0% | -$165K+87.3% | -$1.3M | N/A | N/A | N/A |
| Financing Cash Flow | $113K-88.2% | $956K-6.9% | $1.0M-39.1% | $1.7M+848.7% | $178K-39.1% | $292K |
| Dividends Paid | 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 |
JEWL Financial Ratios
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'22 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|
| Gross Margin | 10.3%+29.8pp | -19.6%+10.9pp | -30.5% | N/A | 65.0%-4.7pp | 69.7% |
| Operating Margin | -1071.3%+31400.7pp | -32472.0%-31625.7pp | -846.3% | N/A | -182.6%+646.2pp | -828.7% |
| Net Margin | -1220.9%+41528.9pp | -42749.8%-41372.1pp | -1377.7% | N/A | -281.5%+566.8pp | -848.3% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -19.3%+19.5pp | -38.8%-15.5pp | -23.4% | N/A | N/A | N/A |
| Current Ratio | 0.11-0.0 | 0.13-0.0 | 0.17+0.1 | 0.11 | N/A | N/A |
| Debt-to-Equity | -7.85+18.1 | -25.94-36.3 | 10.35+13.2 | -2.82 | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.20), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Adamas One Corp's annual revenue?
Adamas One Corp (JEWL) reported $1.0M in total revenue for fiscal year 2023. This represents a -43.7% 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 Adamas One Corp's revenue growing?
Adamas One Corp (JEWL) revenue declined by 43.7% year-over-year, from $1.8M to $1.0M in fiscal year 2023.
Is Adamas One Corp profitable?
No, Adamas One Corp (JEWL) reported a net income of -$22.5M in fiscal year 2023, with a net profit margin of -2237.2%.
What is Adamas One Corp's EBITDA?
Adamas One Corp (JEWL) had EBITDA of -$19.6M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.
What is Adamas One Corp's gross margin?
Adamas One Corp (JEWL) had a gross margin of 74.9% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.
What is Adamas One Corp's operating margin?
Adamas One Corp (JEWL) had an operating margin of -1991.4% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.
What is Adamas One Corp's net profit margin?
Adamas One Corp (JEWL) had a net profit margin of -2237.2% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.
What is Adamas One Corp's operating cash flow?
Adamas One Corp (JEWL) generated -$6.8M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.
What are Adamas One Corp's total assets?
Adamas One Corp (JEWL) had $12.9M in total assets as of fiscal year 2023, including both current and long-term assets.
How much does Adamas One Corp spend on research and development?
Adamas One Corp (JEWL) invested $200K in research and development during fiscal year 2023.
How many shares does Adamas One Corp have outstanding?
Adamas One Corp (JEWL) had 27M shares outstanding as of fiscal year 2023.
What is Adamas One Corp's current ratio?
Adamas One Corp (JEWL) had a current ratio of 0.20 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is Adamas One Corp's debt-to-equity ratio?
Adamas One Corp (JEWL) had a debt-to-equity ratio of 3.13 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Adamas One Corp's return on assets (ROA)?
Adamas One Corp (JEWL) had a return on assets of -174.8% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
What is Adamas One Corp's cash runway?
Based on fiscal year 2023 data, Adamas One Corp (JEWL) had $26K in cash against an annual operating cash burn of $6.8M. This gives an estimated cash runway of approximately 0 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.
What is Adamas One Corp's Piotroski F-Score?
Adamas One Corp (JEWL) has a Piotroski F-Score of 3 out of 9, indicating weak 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 Adamas One Corp's earnings high quality?
Adamas One Corp (JEWL) has an earnings quality ratio of 0.30x, 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 Adamas One Corp cover its interest payments?
Adamas One Corp (JEWL) has an interest coverage ratio of -45.8x, 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 Adamas One Corp?
Adamas One Corp (JEWL) scores 0 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.