Master Financials
This page shows Master (MB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Cash generation outpaces accounting profit, but thin equity and sub-1.0 current coverage make the balance sheet work hard.
Free cash flow of$6.2M exceeded net income of$4.2M , which suggests this year's earnings were backed by cash rather than being delayed in working capital. With current liabilities of$27.4M above current assets of$22.7M , that cash conversion helps support a business financed partly by short-term obligations.
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Cash of
Financial Health Signals
Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Master'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.
Master carries a low D/E ratio of 1.27, meaning only $1.27 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 76/100, indicating a strong balance sheet with room for future borrowing.
Master's current ratio of 0.83 is below the typical benchmark, resulting in a score of 11/100. However, the company holds substantial cash reserves (55% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Master has a free cash flow margin of 9.6%, earning a moderate score of 49/100. The company generates positive cash flow after capital investments, but with room for improvement.
Master earns a strong 115.3% return on equity (ROE), meaning it generates $115 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
For every $1 of reported earnings, Master generates $1.83 in operating cash flow ($7.7M OCF vs $4.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Master generated $64.9M in revenue in fiscal year 2024.
Master reported $4.2M in net income in fiscal year 2024.
Cash & Balance Sheet
Master generated $6.2M in free cash flow in fiscal year 2024, representing cash available after capex.
Master held $15.1M in cash against $4.7M in long-term debt as of fiscal year 2024.
Master had 15M shares outstanding in fiscal year 2024.
Margins & Returns
Master's net profit margin was 6.5% in fiscal year 2024, showing the share of revenue converted to profit.
Master's ROE was 115.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Master invested $1.5M in capex in fiscal year 2024, funding long-term assets and infrastructure.
MB Income Statement
| Metric | Q4'24 |
|---|---|
| Revenue | N/A |
| Cost of Revenue | N/A |
| Gross Profit | N/A |
| R&D Expenses | N/A |
| SG&A Expenses | N/A |
| Operating Income | N/A |
| Interest Expense | N/A |
| Income Tax | N/A |
| Net Income | N/A |
| EPS (Diluted) | N/A |
MB Balance Sheet
| Metric | Q4'24 |
|---|---|
| Total Assets | $39.7M |
| Current Assets | $22.7M |
| Cash & Equivalents | $15.1M |
| Inventory | $2.6M |
| Accounts Receivable | $427K |
| Goodwill | N/A |
| Total Liabilities | $36.0M |
| Current Liabilities | $27.4M |
| Long-Term Debt | $4.7M |
| Total Equity | $3.7M |
| Retained Earnings | $3.7M |
MB Cash Flow Statement
| Metric | Q4'24 |
|---|---|
| Operating Cash Flow | N/A |
| Capital Expenditures | N/A |
| Free Cash Flow | N/A |
| Investing Cash Flow | N/A |
| Financing Cash Flow | N/A |
| Dividends Paid | N/A |
| Share Buybacks | N/A |
MB Financial Ratios
| Metric | Q4'24 |
|---|---|
| Gross Margin | N/A |
| Operating Margin | N/A |
| Net Margin | N/A |
| Return on Equity | N/A |
| Return on Assets | N/A |
| Current Ratio | 0.83 |
| Debt-to-Equity | 1.27 |
| FCF Margin | N/A |
Note: The current ratio is below 1.0 (0.83), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Master's annual revenue?
Master (MB) reported $64.9M in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Master profitable?
Yes, Master (MB) reported a net income of $4.2M in fiscal year 2024, with a net profit margin of 6.5%.
How much debt does Master have?
As of fiscal year 2024, Master (MB) had $15.1M in cash and equivalents against $4.7M in long-term debt.
What is Master's net profit margin?
Master (MB) had a net profit margin of 6.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Master's return on equity (ROE)?
Master (MB) has a return on equity of 115.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Master's free cash flow?
Master (MB) generated $6.2M in free cash flow during fiscal year 2024. 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 Master's operating cash flow?
Master (MB) generated $7.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Master's total assets?
Master (MB) had $39.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Master's capital expenditures?
Master (MB) invested $1.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Master's current ratio?
Master (MB) had a current ratio of 0.83 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Master's debt-to-equity ratio?
Master (MB) had a debt-to-equity ratio of 1.27 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Master's return on assets (ROA)?
Master (MB) had a return on assets of 10.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Are Master's earnings high quality?
Master (MB) has an earnings quality ratio of 1.83x, 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 Master?
Master (MB) scores 39 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.