What is Emerson Radio's earnings per share (EPS)?

Emerson Radio (MSN) reported diluted earnings per share of $-0.22 for fiscal year 2025. This represents a -650.0% 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.

Emerson Radio Financials

MSN

Source SEC Filings (10-K/10-Q) Updated Feb 17, 2026 Currency USD FYE March

This page shows Emerson Radio (MSN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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 44/100

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

Profitability

Emerson Radio has an operating margin of -52.1%, meaning the company retains $-52 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 -37.5% the prior year.

Growth

Emerson Radio's revenue surged 18.9% year-over-year to $10.8M, reflecting rapid business expansion. This strong growth earns a score of 65/100.

Leverage

100

Emerson Radio carries a low D/E ratio of 0.09, meaning only $0.09 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 13.33, Emerson Radio holds $13.33 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While Emerson Radio generated -$3.6M in operating cash flow, capex of $195K consumed most of it, leaving -$3.8M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Emerson Radio generates a -22.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 2.9% the prior year.

Piotroski F-Score Weak

3/9

Emerson Radio 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.

Earnings Quality Low Quality

0.77x

For every $1 of reported earnings, Emerson Radio generates $0.77 in operating cash flow (-$3.6M OCF vs -$4.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-623.9x

Emerson Radio earns $-623.9 in operating income for every $1 of interest expense (-$5.6M vs $9K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$10.8M

YoY+18.9%

5Y CAGR+11.4%

10Y CAGR-17.8%

Emerson Radio generated $10.8M in revenue in fiscal year 2025. This represents an increase of 18.9% from the prior year.

EBITDA

-$5.5M

YoY-64.1%

Emerson Radio's EBITDA was -$5.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 64.1% from the prior year.

Net Income

-$4.7M

YoY-717.6%

Emerson Radio reported -$4.7M in net income in fiscal year 2025. This represents a decrease of 717.6% from the prior year.

EPS (Diluted)

$-0.22

YoY-650.0%

Emerson Radio earned $-0.22 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 650.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$3.8M

YoY+28.5%

Emerson Radio generated -$3.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 28.5% from the prior year.

Cash & Debt

$1.2M

YoY-94.0%

5Y CAGR-28.3%

10Y CAGR-30.2%

Emerson Radio held $1.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

21M

YoY+0.0%

5Y CAGR+0.0%

10Y CAGR-2.5%

Emerson Radio had 21M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

8.3%

YoY-8.9pp

5Y CAGR-9.9pp

10Y CAGR-10.3pp

Emerson Radio's gross margin was 8.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 8.9 percentage points from the prior year.

Operating Margin

-52.1%

YoY-14.6pp

5Y CAGR+21.5pp

10Y CAGR-58.3pp

Emerson Radio's operating margin was -52.1% in fiscal year 2025, reflecting core business profitability. This is down 14.6 percentage points from the prior year.

Net Margin

-43.9%

YoY-52.3pp

5Y CAGR+24.6pp

10Y CAGR-46.3pp

Emerson Radio's net profit margin was -43.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 52.3 percentage points from the prior year.

Return on Equity

-22.0%

YoY-24.9pp

5Y CAGR-9.5pp

10Y CAGR-25.3pp

Emerson Radio's ROE was -22.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 24.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$195K

YoY+63.9%

10Y CAGR+34.6%

Emerson Radio invested $195K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 63.9% from the prior year.

MSN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$10.8M+18.9%	$9.1M+26.4%	$7.2M-12.5%	$8.2M+10.2%	$7.4M+18.3%	$6.3M
Cost of Revenue	$9.9M+31.7%	$7.5M+47.9%	$5.1M-18.6%	$6.2M+8.5%	$5.7M+11.8%	$5.1M
Gross Profit	$901K-42.4%	$1.6M-25.6%	$2.1M+6.7%	$2.0M+16.1%	$1.7M+47.6%	$1.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.5M+31.3%	$5.0M+18.3%	$4.2M-22.4%	$5.4M-8.4%	$5.9M+2.3%	$5.8M
Operating Income	-$5.6M-65.2%	-$3.4M-62.2%	-$2.1M+39.1%	-$3.4M+18.3%	-$4.2M+9.0%	-$4.6M
Interest Expense	$9K+80.0%	$5K-50.0%	$10K-9.1%	$11K+57.1%	$7K-99.1%	$776K
Income Tax	$3K-96.7%	$90K	$0	$0-100.0%	$15K-96.7%	$457K
Net Income	-$4.7M-717.6%	$766K+156.3%	-$1.4M+62.5%	-$3.6M+8.8%	-$4.0M+7.7%	-$4.3M
EPS (Diluted)	$-0.22-650.0%	$0.04+166.7%	$-0.06+64.7%	$-0.17+10.5%	$-0.19+5.0%	$-0.20

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$2K-99.9%	$1.9M+55.6%	$1.2M-27.5%	$1.7M-9.3%	$1.8M-53.9%	$4.0M+46.2%	$2.7M+24.6%	$2.2M
Cost of Revenue	$2K-99.9%	$1.7M+38.6%	$1.2M-26.9%	$1.7M-12.5%	$1.9M-45.8%	$3.5M+42.4%	$2.5M+23.1%	$2.0M
Gross Profit	$119-99.9%	$206K+20700.0%	-$1K-109.1%	$11K+119.6%	-$56K-111.4%	$491K+80.5%	$272K+40.2%	$194K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1K-99.9%	$1.0M-13.6%	$1.2M-9.5%	$1.3M-46.9%	$2.5M+103.2%	$1.2M-11.9%	$1.4M-1.9%	$1.4M
Operating Income	$826+100.1%	-$826K+30.9%	-$1.2M+8.6%	-$1.3M+48.5%	-$2.5M-246.9%	-$733K+34.4%	-$1.1M+8.6%	-$1.2M
Interest Expense	$132-99.9%	$132K-13.7%	$153K-9.5%	$169K+124.3%	-$696K-437.9%	$206K-12.7%	$236K-10.3%	$263K
Income Tax	$0	$0	$0	$0	$0	$0	$0-100.0%	$3K
Net Income	$694+100.1%	-$694K+33.5%	-$1.0M+8.5%	-$1.1M+51.7%	-$2.4M-348.0%	-$527K+40.2%	-$881K+8.4%	-$962K
EPS (Diluted)	$0.03+200.0%	$-0.03+40.0%	$-0.050.0%	$-0.05	N/A	$-0.03+25.0%	$-0.04	$-0.05

MSN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$23.5M-19.0%	$29.1M-7.4%	$31.4M+4.5%	$30.0M-11.5%	$33.9M-10.6%	$37.9M
Current Assets	$22.8M-20.3%	$28.6M-8.0%	$31.1M+5.4%	$29.5M-12.1%	$33.6M-10.1%	$37.4M
Cash & Equivalents	$1.2M-94.0%	$19.9M-21.3%	$25.3M-1.2%	$25.6M+387.6%	$5.2M-16.4%	$6.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$1.5M+11.6%	$1.3M+15.3%	$1.2M-10.0%	$1.3M+87.3%	$691K+42.8%	$484K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.0M-28.3%	$2.8M-52.0%	$5.9M+85.3%	$3.2M-7.7%	$3.5M-0.7%	$3.5M
Current Liabilities	$1.7M-13.4%	$2.0M-57.5%	$4.6M+238.0%	$1.4M-10.5%	$1.5M+27.0%	$1.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$21.5M-18.0%	$26.2M+3.0%	$25.5M-5.1%	$26.8M-11.9%	$30.4M-11.6%	$34.4M
Retained Earnings	-$28.9M-19.5%	-$24.2M+3.1%	-$25.0M-5.8%	-$23.6M-18.1%	-$20.0M-24.8%	-$16.0M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	N/A	$20.1M-2.8%	$20.7M-11.1%	$23.3M-1.0%	$23.5M-10.7%	$26.4M-0.8%	$26.6M-6.6%	$28.5M
Current Assets	N/A	$19.6M-2.6%	$20.1M-11.2%	$22.6M-0.7%	$22.8M-10.8%	$25.6M-0.6%	$25.7M-7.7%	$27.9M
Cash & Equivalents	N/A	$4.2M+338.6%	$956K-42.2%	$1.7M+39.5%	$1.2M+72.1%	$689K+48.5%	$464K-83.7%	$2.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$1.5M+21.0%	$1.2M-9.3%	$1.3M-11.5%	$1.5M-57.3%	$3.5M+66.3%	$2.1M+22.4%	$1.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$1.5M+8.6%	$1.4M-52.2%	$3.0M+45.0%	$2.0M-18.5%	$2.5M+14.2%	$2.2M-31.5%	$3.2M
Current Liabilities	N/A	$1.3M+14.0%	$1.2M-56.3%	$2.7M+55.9%	$1.7M-19.9%	$2.1M+19.6%	$1.8M-23.5%	$2.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	$18.6M-3.6%	$19.3M-5.1%	$20.4M-5.3%	$21.5M-9.9%	$23.9M-2.2%	$24.4M-3.5%	$25.3M
Retained Earnings	N/A	-$31.8M-2.2%	-$31.1M-3.5%	-$30.1M-3.9%	-$28.9M-8.9%	-$26.6M-2.0%	-$26.0M-3.5%	-$25.2M

MSN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$3.6M+30.6%	-$5.3M-1618.3%	-$306K+93.5%	-$4.7M-9.8%	-$4.3M-124.6%	-$1.9M
Capital Expenditures	$195K+63.9%	$119K	$0-100.0%	$2K	N/A	N/A
Free Cash Flow	-$3.8M+28.5%	-$5.4M-1657.2%	-$306K+93.5%	-$4.7M	N/A	N/A
Investing Cash Flow	-$15.1M-12558.0%	-$119K	$0-100.0%	$25.0M+718.9%	$3.1M+1032.6%	$270K
Financing Cash Flow	$6K+700.0%	-$1K+50.0%	-$2K	$0-100.0%	$204K	N/A
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	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	$3K+101.2%	-$228K+88.8%	-$2.0M-296.5%	-$514K-31.5%	-$391K-33.4%	-$293K+86.2%	-$2.1M-152.7%	-$840K
Capital Expenditures	$195	$0	$0	$0	$0-100.0%	$8K+14.3%	$7K-96.1%	$180K
Free Cash Flow	$3K+101.1%	-$228K+88.8%	-$2.0M-296.5%	-$514K-31.5%	-$391K-29.9%	-$301K+85.9%	-$2.1M-108.8%	-$1.0M
Investing Cash Flow	$6K-99.8%	$3.5M+158.6%	$1.3M+36.3%	$983K+10.7%	$888K+73.1%	$513K+306.0%	-$249K+98.5%	-$16.2M
Financing Cash Flow	$1	$0+100.0%	-$1K	$0	$0-100.0%	$5K+183.3%	-$6K-185.7%	$7K
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

MSN Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	8.3%-8.9pp	17.2%-12.0pp	29.3%+5.3pp	24.0%+1.2pp	22.8%+4.5pp	18.3%
Operating Margin	-52.1%-14.6pp	-37.5%-8.3pp	-29.2%+12.7pp	-41.9%+14.6pp	-56.5%+17.0pp	-73.5%
Net Margin	-43.9%-52.3pp	8.5%+27.4pp	-18.9%+25.2pp	-44.2%+9.2pp	-53.4%+15.0pp	-68.4%
Return on Equity	-22.0%-24.9pp	2.9%+8.3pp	-5.3%+8.2pp	-13.5%-0.5pp	-13.1%-0.6pp	-12.5%
Return on Assets	-20.1%-22.8pp	2.6%+7.0pp	-4.3%+7.7pp	-12.1%-0.4pp	-11.7%-0.4pp	-11.4%
Current Ratio	13.33-1.2	14.49+7.8	6.69-14.8	21.46-0.4	21.87-9.0	30.90
Debt-to-Equity	0.09-0.0	0.11-0.1	0.23+0.1	0.120.0	0.11+0.0	0.10
FCF Margin	-35.6%+23.7pp	-59.3%-55.0pp	-4.3%+53.2pp	-57.5%	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	6.6%-4.3pp	10.9%+11.0pp	-0.1%-0.7pp	0.7%+3.7pp	-3.0%-15.3pp	12.3%+2.3pp	9.9%+1.1pp	8.8%
Operating Margin	45.8%+89.5pp	-43.7%+54.8pp	-98.4%-20.3pp	-78.1%+59.6pp	-137.8%-119.4pp	-18.3%+22.5pp	-40.8%+14.8pp	-55.6%
Net Margin	38.5%+75.2pp	-36.7%+49.1pp	-85.8%-17.8pp	-68.1%+59.8pp	-127.9%-114.7pp	-13.2%+19.0pp	-32.2%+11.6pp	-43.8%
Return on Equity	N/A	-3.7%+1.7pp	-5.4%+0.2pp	-5.6%+5.4pp	-11.0%-8.8pp	-2.2%+1.4pp	-3.6%+0.2pp	-3.8%
Return on Assets	N/A	-3.4%+1.6pp	-5.0%-0.1pp	-4.9%+5.1pp	-10.0%-8.0pp	-2.0%+1.3pp	-3.3%+0.1pp	-3.4%
Current Ratio	N/A	14.75-2.5	17.25+8.8	8.49-4.8	13.33+1.4	11.98-2.4	14.41+2.5	11.94
Debt-to-Equity	N/A	0.080.0	0.07-0.1	0.14+0.1	0.09-0.0	0.10+0.0	0.09-0.0	0.13
FCF Margin	143.3%+155.4pp	-12.1%+155.7pp	-167.7%-137.1pp	-30.7%-9.5pp	-21.2%-13.7pp	-7.5%+70.3pp	-77.8%-31.4pp	-46.4%

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Frequently Asked Questions

What is Emerson Radio's annual revenue?

Emerson Radio (MSN) reported $10.8M in total revenue for fiscal year 2025. This represents a 18.9% 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 Emerson Radio's revenue growing?

Emerson Radio (MSN) revenue grew by 18.9% year-over-year, from $9.1M to $10.8M in fiscal year 2025.

Is Emerson Radio profitable?

No, Emerson Radio (MSN) reported a net income of -$4.7M in fiscal year 2025, with a net profit margin of -43.9%.

What is Emerson Radio's EBITDA?

Emerson Radio (MSN) had EBITDA of -$5.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Emerson Radio's gross margin?

Emerson Radio (MSN) had a gross margin of 8.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Emerson Radio's operating margin?

Emerson Radio (MSN) had an operating margin of -52.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Emerson Radio's net profit margin?

Emerson Radio (MSN) had a net profit margin of -43.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Emerson Radio's return on equity (ROE)?

Emerson Radio (MSN) has a return on equity of -22.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Emerson Radio's free cash flow?

Emerson Radio (MSN) generated -$3.8M in free cash flow during fiscal year 2025. This represents a 28.5% 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 Emerson Radio's operating cash flow?

Emerson Radio (MSN) generated -$3.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Emerson Radio's total assets?

Emerson Radio (MSN) had $23.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Emerson Radio's capital expenditures?

Emerson Radio (MSN) invested $195K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Emerson Radio have outstanding?

Emerson Radio (MSN) had 21M shares outstanding as of fiscal year 2025.

What is Emerson Radio's current ratio?

Emerson Radio (MSN) had a current ratio of 13.33 as of fiscal year 2025, which is generally considered healthy.

What is Emerson Radio's debt-to-equity ratio?

Emerson Radio (MSN) 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 Emerson Radio's return on assets (ROA)?

Emerson Radio (MSN) had a return on assets of -20.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Emerson Radio's cash runway?

Based on fiscal year 2025 data, Emerson Radio (MSN) had $1.2M in cash against an annual operating cash burn of $3.6M. This gives an estimated cash runway of approximately 4 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 Emerson Radio's Piotroski F-Score?

Emerson Radio (MSN) 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 Emerson Radio's earnings high quality?

Emerson Radio (MSN) has an earnings quality ratio of 0.77x, 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 Emerson Radio cover its interest payments?

Emerson Radio (MSN) has an interest coverage ratio of -623.9x, 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 Emerson Radio?

Emerson Radio (MSN) scores 44 out of 100 on our Financial Profile, indicating moderate 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.