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Interlink Electrs Inc Financials

LINK
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Interlink Electrs Inc (LINK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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 LINK FY2025

Interlink’s cash burn is much lighter than its accounting losses, but gross-margin erosion is slowly eating the cushion.

Across FY2024-FY2025, combined net losses of $3.6M turned into only $712K of free-cash outflow because depreciation stayed high and capital spending stayed minimal; the income statement looks harsher than the cash drain. That means the balance sheet is being worn down more by repeated weak unit economics than by heavy reinvestment or debt service.

FY2025’s slightly smaller operating loss did not come from better product economics: revenue was roughly flat at $11.9M, while gross margin slipped to 38.9%. The narrowing loss came mainly from lower R&D spending, so profitability improved because overhead was trimmed, not because each sale became more lucrative.

The balance sheet remains equity-funded rather than debt-funded, with only $2.5M of liabilities against $9.2M of equity. But liquidity is thinning as cash fell from $4.3M in FY2023 to $2.7M in FY2025, leaving a smaller buffer if losses continue at recent levels.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Cash Runway Dilution R&D Intensity Revenue Progress Burn Trend Balance Sheet 55 / 100
Financial Health Score 55/100
Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Interlink Electrs Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway
99
Dilution
31
R&D Intensity
38
Revenue Progress
37
Burn Trend
45
Balance Sheet
78
Altman Z-Score Safe
10.21

Interlink Electrs Inc scores 10.21, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($65.7M) relative to total liabilities ($2.5M). 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.

Piotroski F-Score Partial
3/8

Interlink Electrs Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
0.07x

For every $1 of reported earnings, Interlink Electrs Inc generates $0.07 in operating cash flow (-$112K 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.

Key Financial Metrics

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Earnings & Revenue

Revenue
$11.9M
YoY+1.8%
5Y CAGR+11.5%

Interlink Electrs Inc generated $11.9M in revenue in fiscal year 2025. This represents an increase of 1.8% from the prior year.

EBITDA
-$922K
YoY+20.4%

Interlink Electrs Inc's EBITDA was -$922K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 20.4% from the prior year.

Net Income
-$1.6M
YoY+18.6%

Interlink Electrs Inc reported -$1.6M in net income in fiscal year 2025. This represents an increase of 18.6% from the prior year.

EPS (Diluted)
$-0.13
YoY+18.8%

Interlink Electrs Inc earned $-0.13 per diluted share (EPS) in fiscal year 2025. This represents an increase of 18.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$168K
YoY+69.1%

Interlink Electrs Inc generated -$168K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 69.1% from the prior year.

Cash & Debt
$2.7M
YoY-7.7%
5Y CAGR-14.9%

Interlink Electrs Inc held $2.7M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
16M
YoY+6.4%
5Y CAGR+19.0%

Interlink Electrs Inc had 16M shares outstanding in fiscal year 2025. This represents an increase of 6.4% from the prior year.

Margins & Returns

Gross Margin
38.9%
YoY-2.5pp
5Y CAGR-17.7pp

Interlink Electrs Inc's gross margin was 38.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.5 percentage points from the prior year.

Operating Margin
-15.4%
YoY+2.2pp
5Y CAGR-17.0pp

Interlink Electrs Inc's operating margin was -15.4% in fiscal year 2025, reflecting core business profitability. This is up 2.2 percentage points from the prior year.

Net Margin
-13.6%
YoY+3.4pp
5Y CAGR-15.2pp

Interlink Electrs Inc's net profit margin was -13.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.4 percentage points from the prior year.

Return on Equity
-17.5%
YoY+1.4pp
5Y CAGR-18.8pp

Interlink Electrs Inc's ROE was -17.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the prior year.

Capital Allocation

R&D Spending
$1.5M
YoY-26.7%
5Y CAGR+10.4%

Interlink Electrs Inc invested $1.5M in research and development in fiscal year 2025. This represents a decrease of 26.7% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$56K
YoY-68.4%
5Y CAGR+51.6%

Interlink Electrs Inc invested $56K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 68.4% from the prior year.

LINK Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $3.1M+7.7% $2.9M-3.6% $3.0M-13.3% $3.4M+28.2% $2.7M-10.8% $3.0M+11.8% $2.7M-7.8% $2.9M
Cost of Revenue $1.7M-10.8% $1.9M+13.2% $1.7M-8.3% $1.9M+9.4% $1.7M-4.9% $1.8M+15.1% $1.6M-1.7% $1.6M
Gross Profit $1.3M+47.6% $905K-26.9% $1.2M-19.5% $1.5M+62.1% $949K-19.8% $1.2M+7.1% $1.1M-15.3% $1.3M
R&D Expenses $303K-14.2% $353K-0.3% $354K-2.5% $363K-16.4% $434K-9.6% $480K-1.2% $486K-4.7% $510K
SG&A Expenses $1.5M+15.4% $1.3M+7.4% $1.2M+7.9% $1.1M-18.7% $1.4M+12.4% $1.2M+10.8% $1.1M-1.2% $1.1M
Operating Income -$450K+38.6% -$733K-134.2% -$313K-574.2% $66K+107.8% -$849K-66.5% -$510K-7.1% -$476K-52.1% -$313K
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax -$52K+69.2% -$169K-750.0% $26K+388.9% -$9K+76.9% -$39K-18.2% -$33K-217.9% $28K+180.0% $10K
Net Income -$338K+41.1% -$574K-70.8% -$336K-436.0% $100K+112.4% -$805K-94.9% -$413K+21.0% -$523K-70.4% -$307K
EPS (Diluted) $-0.02 N/A $-0.03 N/A $-0.06 N/A $-0.040.0% $-0.04

LINK Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $11.1M-5.1% $11.7M-2.8% $12.1M-3.4% $12.5M+0.3% $12.5M-4.9% $13.1M-7.1% $14.1M-0.8% $14.2M
Current Assets $6.1M-3.5% $6.3M-1.6% $6.4M-0.3% $6.4M+0.5% $6.4M-7.3% $6.9M-10.6% $7.7M-6.9% $8.3M
Cash & Equivalents $2.1M-22.7% $2.7M-8.8% $3.0M+28.3% $2.3M-9.9% $2.6M-12.4% $3.0M-22.6% $3.8M-3.8% $4.0M
Inventory $2.0M+10.3% $1.8M+0.2% $1.8M+8.9% $1.7M-10.3% $1.8M-8.4% $2.0M-19.4% $2.5M-2.4% $2.6M
Accounts Receivable $1.7M+10.8% $1.5M+14.1% $1.4M-36.5% $2.1M+29.9% $1.6M+1.7% $1.6M+37.3% $1.2M-20.5% $1.5M
Goodwill $2.5M-1.8% $2.6M+0.4% $2.6M-1.9% $2.6M+5.4% $2.5M-6.3% $2.7M+3.6% $2.6M+5.2% $2.4M
Total Liabilities $2.4M-4.6% $2.5M+2.8% $2.4M-0.9% $2.5M-8.7% $2.7M+3.2% $2.6M-1.2% $2.7M+3.2% $2.6M
Current Liabilities $1.7M+0.8% $1.7M+9.0% $1.5M+7.3% $1.4M-10.7% $1.6M+14.5% $1.4M+10.8% $1.3M-12.9% $1.4M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $8.7M-5.2% $9.2M-4.3% $9.6M-4.1% $10.0M+2.8% $9.8M-6.9% $10.5M-8.5% $11.5M-1.7% $11.7M
Retained Earnings -$54.1M-0.6% -$53.8M-1.1% -$53.2M-0.8% -$52.8M0.0% -$52.8M-1.7% -$51.8M-1.0% -$51.3M-1.2% -$50.7M

LINK Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow -$543K-52.5% -$356K-154.5% $653K+573.2% -$138K+49.1% -$271K-21.5% -$223K-227.9% -$68K+77.2% -$298K
Capital Expenditures $29K+52.6% $19K+533.3% $3K-40.0% $5K-82.8% $29K-58.6% $70K-19.5% $87K+4250.0% $2K
Free Cash Flow -$572K-52.5% -$375K-157.7% $650K+554.5% -$143K+52.3% -$300K-2.4% -$293K-89.0% -$155K+48.3% -$300K
Investing Cash Flow -$29K-52.6% -$19K-533.3% -$3K+40.0% -$5K+82.8% -$29K+92.4% -$384K-341.4% -$87K-4250.0% -$2K
Financing Cash Flow -$100K-198.0% $102K+1357.1% $7K+107.0% -$100K0.0% -$100K0.0% -$100K0.0% -$100K0.0% -$100K
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 $0 N/A

LINK Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 43.5%+11.7pp 31.7%-10.1pp 41.8%-3.2pp 45.1%+9.4pp 35.6%-4.0pp 39.6%-1.8pp 41.4%-3.7pp 45.0%
Operating Margin -14.6%+11.1pp -25.7%-15.1pp -10.6%-12.5pp 1.9%+33.8pp -31.9%-14.8pp -17.1%+0.7pp -17.8%-7.0pp -10.8%
Net Margin -11.0%+9.1pp -20.1%-8.8pp -11.4%-14.3pp 2.9%+33.1pp -30.2%-16.4pp -13.8%+5.8pp -19.6%-9.0pp -10.6%
Return on Equity -3.9%+2.4pp -6.2%-2.7pp -3.5%-4.5pp 1.0%+9.2pp -8.2%-4.3pp -3.9%+0.6pp -4.6%-1.9pp -2.6%
Return on Assets -3.0%+1.9pp -4.9%-2.1pp -2.8%-3.6pp 0.8%+7.3pp -6.5%-3.3pp -3.1%+0.5pp -3.7%-1.5pp -2.2%
Current Ratio 3.63-0.2 3.79-0.4 4.20-0.3 4.52+0.5 4.02-0.9 4.96-1.2 6.16+0.4 5.76
Debt-to-Equity 0.270.0 0.27+0.0 0.250.0 0.25-0.0 0.28+0.0 0.25+0.0 0.23+0.0 0.22
FCF Margin -18.6%-5.5pp -13.1%-35.1pp 22.0%+26.2pp -4.2%+7.1pp -11.3%-1.4pp -9.8%-4.0pp -5.8%+4.5pp -10.3%

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