Functional Brands Inc Financials
Functional Brands Inc (MEHA) reported $6.6M in revenue for fiscal year 2025, up 0.7% from the prior fiscal year. This page shows its 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).
Flat sales masked a financing-led balance-sheet reset as core operations weakened and cash burn replaced near break-even cash generation.
FY2025’s reported profit did not reflect operating momentum: revenue stayed near$6.6M while operating cash flow fell to-$1.27M . That disconnect widened because operating margin sank to-21.2% even as net income showed a profit of$758K , so the cleaner read on the business is weaker core earning power rather than a true turnaround.
Balance-sheet improvement came mostly from external financing, not from the business funding itself: financing cash flow added
The cost structure moved the wrong way for a company with almost unchanged sales: gross margin slipped to
Financial Health Signals
We are recalculating Functional Brands Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Functional Brands Inc scores -0.90, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($325K) relative to total liabilities ($7.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Functional Brands 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, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Functional Brands Inc used $1.68 of operating cash (-$1.3M OCF vs $758K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Functional Brands Inc reported an operating loss of $1.4M against $402K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Functional Brands Inc generated $6.6M in revenue in fiscal year 2025. This represents an increase of 0.7% from the prior year.
Functional Brands Inc's EBITDA was -$1.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 662.4% from the prior year.
Functional Brands Inc reported $758K in net income in fiscal year 2025. This represents an increase of 235.6% from the prior year.
Cash & Balance Sheet
Functional Brands Inc recorded an outflow of $1.3M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 1174464.2% from the prior year.
Functional Brands Inc held $2.7M in cash against $140K in long-term debt as of fiscal year 2025, with $5.8M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Functional Brands Inc's gross margin was 52.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.2 percentage points from the prior year.
Functional Brands Inc's operating margin was -21.1% in fiscal year 2025, reflecting core business profitability. This is down 17.7 percentage points from the prior year.
Functional Brands Inc's net profit margin was 11.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 20.0 percentage points from the prior year.
Functional Brands Inc's ROE was 49.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Functional Brands Inc invested $9K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 352.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
MEHA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 |
|---|---|---|---|
| Revenue | $6.7M | $6.6M+0.7% | $6.6M |
| Cost of Revenue | $3.0M | $3.1M+5.7% | $3.0M |
| Gross Profit | $3.7M | $3.5M-3.4% | $3.6M |
| SG&A Expenses | $6.1M | $4.3M+30.4% | $3.3M |
| Operating Income | -$3.2M | -$1.4M-510.5% | -$229K |
| Interest Expense | $340K | $402K+21.3% | $332K |
| Net Income | -$8.5M | $758K+235.6% | -$559K |
| EPS (Diluted) | — | $0.01 | -$0.08 |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
MEHA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 |
|---|---|---|
| Total Assets | $9.1M+27.0% | $7.2M |
| Current Assets | $5.2M+81.5% | $2.9M |
| Cash & Equivalents | $2.7M+1188.4% | $212K |
| Inventory | $1.5M-9.4% | $1.7M |
| Accounts Receivable | $518K+70.8% | $303K |
| Goodwill | $818K0.0% | $818K |
| Total Liabilities | $7.6M+3.8% | $7.3M |
| Current Liabilities | $5.8M+10.5% | $5.2M |
| Long-Term Debt | $140K | N/A |
| Total Equity | $1.5M+1399.9% | -$119K |
| Retained Earnings | -$7.0M+8.9% | -$7.7M |
MEHA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 |
|---|---|---|---|
| Operating Cash Flow | -$2.9M | -$1.3M-63996.7% | $2K |
| Capital Expenditures | N/A | $9K+352.6% | $2K |
| Free Cash Flow | N/A | -$1.3M-1174464.2% | $109 |
| Investing Cash Flow | N/A | -$9K-352.6% | -$2K |
| Financing Cash Flow | $3.0M | $3.8M+2429.7% | -$163K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
MEHA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 |
|---|---|---|
| Gross Margin | 52.7%-2.2pp | 54.9% |
| Operating Margin | -21.1%-17.7pp | -3.5% |
| Net Margin | 11.5%+20.0pp | -8.5% |
| Return on Equity | 49.2% | N/A |
| Return on Assets | 8.3%+16.1pp | -7.8% |
| Current Ratio | 0.90+0.4x | 0.55 |
| Debt-to-Equity | 0.09 | N/A |
| FCF Margin | -19.4%-19.4pp | 0.0% |
Note: The current ratio is below 1.0 (0.90), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Functional Brands Inc Ranks
Frequently Asked Questions
What is Functional Brands Inc's annual revenue?
Functional Brands Inc (MEHA) reported $6.6M in total revenue for fiscal year 2025. This represents a 0.7% 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 Functional Brands Inc's revenue growing?
Functional Brands Inc (MEHA) revenue grew by 0.7% year-over-year, from $6.6M to $6.6M in fiscal year 2025.
Is Functional Brands Inc profitable?
Yes, Functional Brands Inc (MEHA) reported a net income of $758K in fiscal year 2025, with a net profit margin of 11.5%.
What is Functional Brands Inc's EBITDA?
Functional Brands Inc (MEHA) had EBITDA of -$1.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Functional Brands Inc have?
As of fiscal year 2025, Functional Brands Inc (MEHA) had $2.7M in cash and equivalents against $140K in long-term debt.
What is Functional Brands Inc's gross margin?
Functional Brands Inc (MEHA) had a gross margin of 52.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Functional Brands Inc's operating margin?
Functional Brands Inc (MEHA) had an operating margin of -21.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Functional Brands Inc's net profit margin?
Functional Brands Inc (MEHA) had a net profit margin of 11.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Functional Brands Inc's return on equity (ROE)?
Functional Brands Inc (MEHA) has a return on equity of 49.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Functional Brands Inc's free cash flow?
Functional Brands Inc (MEHA) recorded an outflow of $1.3M in free cash flow during fiscal year 2025. This represents a -1174464.2% 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 Functional Brands Inc's operating cash flow?
Functional Brands Inc (MEHA) recorded an outflow of $1.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Functional Brands Inc's total assets?
Functional Brands Inc (MEHA) had $9.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Functional Brands Inc's capital expenditures?
Functional Brands Inc (MEHA) invested $9K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Functional Brands Inc's current ratio?
Functional Brands Inc (MEHA) had a current ratio of 0.90 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Functional Brands Inc's debt-to-equity ratio?
Functional Brands Inc (MEHA) had a debt-to-equity ratio of 0.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Functional Brands Inc's return on assets (ROA)?
Functional Brands Inc (MEHA) had a return on assets of 8.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Functional Brands Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Functional Brands Inc (MEHA) held $2.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.3M over that year. Dividing the one by the other, the reported balance equals about 26 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Functional Brands Inc's Altman Z-Score?
Functional Brands Inc (MEHA) has an Altman Z-Score of -0.90, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Functional Brands Inc's Piotroski F-Score?
Functional Brands Inc (MEHA) has a Piotroski F-Score of 3 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 Functional Brands Inc's earnings high quality?
For every $1 of reported earnings, Functional Brands Inc (MEHA) used $1.68 of operating cash (-$1.3M OCF vs $758K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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 Functional Brands Inc cover its interest payments?
Functional Brands Inc (MEHA) reported an operating loss of $1.4M against $402K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.