Chrome Holding Co Financials

MEHCQ

Source SEC Filings (10-K/10-Q) Updated Jun 30, 2025 Currency USD FYE March

This page shows Chrome Holding Co (MEHCQ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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

Financial Profile 9/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Chrome Holding Co has an operating margin of -126.7%, meaning the company retains $-127 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 -264.8% the prior year.

Growth

Chrome Holding Co's revenue declined 13.5% year-over-year, from $219.6M to $189.9M. This contraction results in a growth score of 0/100.

Liquidity

Chrome Holding Co's current ratio of 1.41 indicates adequate short-term liquidity, earning a score of 37/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Chrome Holding Co generated -$169.6M in operating cash flow, capex of $869K consumed most of it, leaving -$170.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

3/9

Chrome Holding Co passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Low Quality

0.60x

For every $1 of reported earnings, Chrome Holding Co generates $0.60 in operating cash flow (-$169.6M OCF vs -$280.9M 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

Export CSV

Revenue

$189.9M

YoY-13.5%

5Y CAGR-9.1%

Chrome Holding Co generated $189.9M in revenue in fiscal year 2025. This represents a decrease of 13.5% from the prior year.

EBITDA

-$226.3M

YoY+59.5%

Chrome Holding Co's EBITDA was -$226.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 59.5% from the prior year.

Free Cash Flow

-$170.5M

YoY-3.0%

Chrome Holding Co generated -$170.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 3.0% from the prior year.

Net Income

-$280.9M

YoY+57.9%

Chrome Holding Co reported -$280.9M in net income in fiscal year 2025. This represents an increase of 57.9% from the prior year.

EPS (Diluted)

$-10.88

YoY+61.2%

Chrome Holding Co earned $-10.88 per diluted share (EPS) in fiscal year 2025. This represents an increase of 61.2% from the prior year.

Cash & Debt

$38.2M

YoY-82.3%

5Y CAGR+333.4%

Chrome Holding Co held $38.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.00

Chrome Holding Co paid $0.00 per share in dividends in fiscal year 2025.

Shares Outstanding

N/A

Gross Margin

52.7%

YoY+8.1pp

5Y CAGR+7.7pp

Chrome Holding Co's gross margin was 52.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 8.1 percentage points from the prior year.

Operating Margin

-126.7%

YoY+138.1pp

5Y CAGR-42.1pp

Chrome Holding Co's operating margin was -126.7% in fiscal year 2025, reflecting core business profitability. This is up 138.1 percentage points from the prior year.

Net Margin

-147.9%

YoY+155.6pp

5Y CAGR-65.8pp

Chrome Holding Co's net profit margin was -147.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 155.6 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$101.6M

YoY-3.3%

5Y CAGR-10.9%

Chrome Holding Co invested $101.6M in research and development in fiscal year 2025. This represents a decrease of 3.3% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$869K

YoY-23.0%

5Y CAGR-58.2%

Chrome Holding Co invested $869K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 23.0% from the prior year.

MEHCQ Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$189.9M-13.5%	$219.6M-26.7%	$299.5M+10.1%	$271.9M+11.5%	$243.9M-20.1%	$305.5M
Cost of Revenue	$89.9M-26.2%	$121.7M-27.2%	$167.2M+20.3%	$138.9M+9.5%	$126.9M-24.5%	$168.0M
Gross Profit	$100.0M+2.2%	$97.9M-26.0%	$132.3M-0.5%	$132.9M+13.6%	$117.0M-14.9%	$137.4M
R&D Expenses	$101.6M-3.3%	$105.0M-9.5%	$116.0M-38.8%	$189.4M+18.5%	$159.9M-11.8%	$181.3M
SG&A Expenses	$113.3M-13.8%	$131.4M+11.3%	$118.1M+21.2%	$97.4M-1.8%	$99.1M+66.9%	$59.4M
Operating Income	-$240.6M+58.6%	-$581.7M-160.8%	-$223.1M+12.2%	-$254.2M-37.2%	-$185.2M+28.3%	-$258.4M
Interest Expense	N/A	$14.3M+48.1%	$9.7M+3393.1%	$277K+8.6%	$255K-95.9%	$6.2M
Income Tax	-$41K-156.2%	$73K+102.6%	-$2.8M+20.3%	-$3.5M	$0	$0
Net Income	-$280.9M+57.9%	-$666.7M-113.9%	-$311.7M-43.3%	-$217.5M-18.4%	-$183.6M+26.8%	-$250.9M
EPS (Diluted)	$-10.88+61.2%	$-28.01-103.0%	$-13.80-2200.0%	$-0.60+67.4%	$-1.84	N/A

Metric	Q1'26	Q1'25	Q3'25	Q2'25	Q1'25	Q1'24	Q3'24	Q2'24
Revenue	$25.4M	N/A	$60.3M+36.7%	$44.1M+9.0%	$40.4M	N/A	$44.7M-10.5%	$50.0M
Cost of Revenue	$11.9M	N/A	$20.4M-5.7%	$21.7M+8.2%	$20.0M	N/A	$25.1M-11.3%	$28.3M
Gross Profit	$13.5M	N/A	$39.8M+77.7%	$22.4M+9.9%	$20.4M	N/A	$19.7M-9.4%	$21.7M
R&D Expenses	$14.5M	N/A	$20.2M-50.7%	$41.0M+38.2%	$29.7M	N/A	$23.9M-56.2%	$54.6M
SG&A Expenses	$23.3M	N/A	$26.9M+14.8%	$23.4M-28.1%	$32.6M	N/A	$31.8M+25.7%	$25.3M
Operating Income	-$30.7M	N/A	-$35.9M+41.4%	-$61.2M-6.4%	-$57.5M	N/A	-$262.9M-232.3%	-$79.1M
Interest Expense	N/A	N/A	N/A	$2.0M-22.0%	$2.6M	N/A	$3.2M-13.9%	$3.8M
Income Tax	$0	N/A	$0+100.0%	-$41K	$0	N/A	$19K-47.2%	$36K
Net Income	-$23.8M	N/A	-$53.0M+10.3%	-$59.1M+14.8%	-$69.4M	N/A	-$278.0M-269.3%	-$75.3M
EPS (Diluted)	$-0.87	N/A	$-2.01+13.4%	$-2.32+17.1%	$-2.80	N/A	$-11.56-264.7%	$-3.17

MEHCQ Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$159.9M-59.5%	$395.2M-58.1%	$942.6M-18.2%	$1.2B+154.8%	$452.1M-11.3%	$509.9M
Current Assets	$102.7M-59.8%	$255.3M-39.9%	$425.0M-29.4%	$601.8M+91.9%	$313.6M+25257.1%	$1.2M
Cash & Equivalents	$38.2M-82.3%	$216.5M-44.0%	$386.8M-30.1%	$553.2M+95.8%	$282.5M+1129856.0%	$25K
Inventory	$15.6M+24.8%	$12.5M+21.6%	$10.2M-5.0%	$10.8M+72.9%	$6.2M	N/A
Accounts Receivable	$1.4M-59.3%	$3.3M+75.2%	$1.9M-43.9%	$3.4M+36.2%	$2.5M	N/A
Goodwill	N/A	$0-100.0%	$351.7M0.0%	$351.7M	$0	N/A
Total Liabilities	$186.6M-9.7%	$206.6M-9.6%	$228.7M-3.3%	$236.4M-77.4%	$1.0B-7.3%	$1.1B
Current Liabilities	$72.7M-42.9%	$127.3M-14.8%	$149.4M-2.5%	$153.2M+26.0%	$121.6M	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$26.7M-114.2%	$188.5M-73.6%	$713.9M-22.0%	$915.7M+253.7%	-$595.6M+4.1%	-$620.9M
Retained Earnings	-$2.5B-12.9%	-$2.2B-44.3%	-$1.5B-26.1%	-$1.2B-22.3%	-$977.2M-1910.6%	-$48.6M

Metric	Q1'26	Q1'25	Q3'25	Q2'25	Q1'25	Q1'24	Q3'24	Q2'24
Total Assets	$144.3M-9.7%	$159.9M-42.4%	$277.4M-13.0%	$318.9M-13.3%	$368.0M-6.9%	$395.2M-35.0%	$608.2M-24.1%	$801.2M
Current Assets	$90.0M-12.4%	$102.7M-36.4%	$161.6M-14.4%	$188.8M-19.0%	$233.0M-8.8%	$255.3M-17.6%	$310.0M+4.0%	$298.0M
Cash & Equivalents	$39.8M+4.1%	$38.2M-51.8%	$79.3M-37.3%	$126.6M-25.5%	$170.0M-21.5%	$216.5M-10.7%	$242.4M-5.4%	$256.4M
Inventory	$13.4M-13.8%	$15.6M-27.3%	$21.4M+44.2%	$14.8M+0.7%	$14.7M+18.3%	$12.5M-20.4%	$15.7M+4.6%	$15.0M
Accounts Receivable	$1.2M-9.3%	$1.4M-86.6%	$10.1M+2158.5%	$446K-59.4%	$1.1M-66.9%	$3.3M-81.7%	$18.2M+1109.5%	$1.5M
Goodwill	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$152.9M-56.5%	$351.7M
Total Liabilities	$187.2M+0.3%	$186.6M-13.1%	$214.7M-1.1%	$217.0M-3.4%	$224.5M+8.7%	$206.6M-10.6%	$231.0M+31.3%	$176.0M
Current Liabilities	$111.4M+53.2%	$72.7M-52.6%	$153.3M+0.3%	$152.8M0.0%	$152.9M+20.0%	$127.3M-11.7%	$144.1M+41.9%	$101.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$42.9M-60.3%	-$26.7M-142.6%	$62.7M-38.5%	$101.9M-29.0%	$143.5M-23.9%	$188.5M-50.0%	$377.2M-39.7%	$625.3M
Retained Earnings	-$2.5B-1.0%	-$2.5B-4.2%	-$2.4B-2.3%	-$2.3B-2.6%	-$2.2B-3.2%	-$2.2B-10.6%	-$2.0B-16.5%	-$1.7B

MEHCQ Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$169.6M-3.2%	-$164.3M+0.6%	-$165.4M+0.9%	-$166.8M-124.7%	-$74.3M+60.0%	-$185.8M
Capital Expenditures	$869K-23.0%	$1.1M-72.1%	$4.0M+2.0%	$4.0M-2.1%	$4.1M-94.1%	$68.4M
Free Cash Flow	-$170.5M-3.0%	-$165.4M+2.4%	-$169.4M+0.8%	-$170.8M-118.1%	-$78.3M+69.2%	-$254.1M
Investing Cash Flow	-$3.7M+61.5%	-$9.6M+14.9%	-$11.3M+89.5%	-$108.1M-1554.5%	-$6.5M+91.0%	-$72.8M
Financing Cash Flow	-$279K-107.8%	$3.6M-63.3%	$9.8M-98.2%	$546.0M+251.5%	$155.3M+1659.2%	$8.8M
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

Metric	Q1'26	Q1'25	Q3'25	Q2'25	Q1'25	Q1'24	Q3'24	Q2'24
Operating Cash Flow	-$29.0M+28.8%	-$40.7M+8.8%	-$44.7M-9.1%	-$40.9M+5.4%	-$43.3M-67.8%	-$25.8M-113.8%	-$12.1M+78.9%	-$57.1M
Capital Expenditures	$42K-72.9%	$155K+4.7%	$148K-26.0%	$200K-45.4%	$366K+31.2%	$279K+106.7%	$135K-54.4%	$296K
Free Cash Flow	-$29.0M+29.0%	-$40.9M+8.7%	-$44.8M-8.9%	-$41.1M+5.7%	-$43.6M-67.4%	-$26.1M-113.7%	-$12.2M+78.8%	-$57.4M
Investing Cash Flow	-$1.0M-40.7%	-$734K-182.8%	$887K+132.9%	-$2.7M-133.6%	-$1.2M+46.1%	-$2.1M-6.7%	-$2.0M+27.4%	-$2.8M
Financing Cash Flow	$24.3M+4690.4%	-$529K-2684.2%	-$19K-107.3%	$260K+2788.9%	$9K-99.6%	$2.0M+1804.8%	$105K-93.4%	$1.6M
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

MEHCQ Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	52.7%+8.1pp	44.6%+0.4pp	44.2%-4.7pp	48.9%+0.9pp	48.0%+3.0pp	45.0%
Operating Margin	-126.7%+138.1pp	-264.8%-190.4pp	-74.5%+19.0pp	-93.5%-17.6pp	-75.9%+8.7pp	-84.6%
Net Margin	-147.9%+155.6pp	-303.5%-199.5pp	-104.1%-24.1pp	-80.0%-4.7pp	-75.3%+6.9pp	-82.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-175.7%-7.0pp	-168.7%-135.7pp	-33.1%-14.2pp	-18.9%+21.7pp	-40.6%+8.6pp	-49.2%
Current Ratio	1.41-0.6	2.01-0.8	2.84-1.1	3.93+1.3	2.58	N/A
Debt-to-Equity	-6.98-8.1	1.10+0.8	0.32+0.1	0.26+2.0	-1.76+0.1	-1.82
FCF Margin	-89.8%-14.4pp	-75.3%-18.8pp	-56.6%+6.2pp	-62.8%-30.7pp	-32.1%+51.1pp	-83.2%

Metric	Q1'26	Q1'25	Q3'25	Q2'25	Q1'25	Q1'24	Q3'24	Q2'24
Gross Margin	53.2%	N/A	66.1%+15.3pp	50.8%+0.4pp	50.4%	N/A	44.0%+0.5pp	43.5%
Operating Margin	-120.8%	N/A	-59.5%+79.3pp	-138.8%+3.5pp	-142.3%	N/A	-587.6%-429.3pp	-158.3%
Net Margin	-93.7%	N/A	-88.0%+46.1pp	-134.1%+37.6pp	-171.7%	N/A	-621.2%-470.7pp	-150.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-16.5%	N/A	-19.1%-0.6pp	-18.5%+0.3pp	-18.9%	N/A	-45.7%-36.3pp	-9.4%
Current Ratio	0.81-0.6	1.41+0.4	1.05-0.2	1.24-0.3	1.52-0.5	2.01-0.1	2.15-0.8	2.93
Debt-to-Equity	-4.37+2.6	-6.98-10.4	3.42+1.3	2.13+0.6	1.56+0.5	1.10+0.5	0.61+0.3	0.28
FCF Margin	-114.2%	N/A	-74.4%+19.0pp	-93.3%+14.6pp	-108.0%	N/A	-27.3%+87.6pp	-114.8%

Note: Shareholder equity is negative (-$26.7M), 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.

Similar Companies

China New Energy CNER

$73.4M

Sona Nanotech SNANF

$48.5M

Enzo Biochem Inc ENZB

$36.6M

Bioqual BIOQ

$35.8M

Angle Plc Surrey ANPCF

$34.2M

Frequently Asked Questions

What is Chrome Holding Co's annual revenue?

Chrome Holding Co (MEHCQ) reported $189.9M in total revenue for fiscal year 2025. This represents a -13.5% 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 Chrome Holding Co's revenue growing?

Chrome Holding Co (MEHCQ) revenue declined by 13.5% year-over-year, from $219.6M to $189.9M in fiscal year 2025.

Is Chrome Holding Co profitable?

No, Chrome Holding Co (MEHCQ) reported a net income of -$280.9M in fiscal year 2025, with a net profit margin of -147.9%.

What is Chrome Holding Co's earnings per share (EPS)?

Chrome Holding Co (MEHCQ) reported diluted earnings per share of $-10.88 for fiscal year 2025. This represents a 61.2% 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 Chrome Holding Co's EBITDA?

Chrome Holding Co (MEHCQ) had EBITDA of -$226.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Chrome Holding Co's gross margin?

Chrome Holding Co (MEHCQ) 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 Chrome Holding Co's operating margin?

Chrome Holding Co (MEHCQ) had an operating margin of -126.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Chrome Holding Co's net profit margin?

Chrome Holding Co (MEHCQ) had a net profit margin of -147.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Chrome Holding Co's free cash flow?

Chrome Holding Co (MEHCQ) generated -$170.5M in free cash flow during fiscal year 2025. This represents a -3.0% 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 Chrome Holding Co's operating cash flow?

Chrome Holding Co (MEHCQ) generated -$169.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Chrome Holding Co's total assets?

Chrome Holding Co (MEHCQ) had $159.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Chrome Holding Co's capital expenditures?

Chrome Holding Co (MEHCQ) invested $869K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Chrome Holding Co spend on research and development?

Chrome Holding Co (MEHCQ) invested $101.6M in research and development during fiscal year 2025.

What is Chrome Holding Co's current ratio?

Chrome Holding Co (MEHCQ) had a current ratio of 1.41 as of fiscal year 2025, which is considered adequate.

What is Chrome Holding Co's debt-to-equity ratio?

Chrome Holding Co (MEHCQ) had a debt-to-equity ratio of -6.98 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Chrome Holding Co's return on assets (ROA)?

Chrome Holding Co (MEHCQ) had a return on assets of -175.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Chrome Holding Co's cash runway?

Based on fiscal year 2025 data, Chrome Holding Co (MEHCQ) had $38.2M in cash against an annual operating cash burn of $169.6M. This gives an estimated cash runway of approximately 3 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 Chrome Holding Co's debt-to-equity ratio negative or unusual?

Chrome Holding Co (MEHCQ) has negative shareholder equity of -$26.7M as of fiscal year 2025, 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 Chrome Holding Co's Piotroski F-Score?

Chrome Holding Co (MEHCQ) 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 Chrome Holding Co's earnings high quality?

Chrome Holding Co (MEHCQ) 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.

How financially healthy is Chrome Holding Co?

Chrome Holding Co (MEHCQ) scores 9 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.