Maris Tech Ltd Financials

MTEKW

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

This page shows Maris Tech Ltd (MTEKW) 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 55/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Maris Tech Ltd has an operating margin of -22.2%, meaning the company retains $-22 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 -72.7% the prior year.

Growth

100

Maris Tech Ltd's revenue surged 50.8% year-over-year to $6.1M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

Maris Tech Ltd carries a low D/E ratio of 0.69, meaning only $0.69 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.68, Maris Tech Ltd holds $2.68 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 87/100.

Cash Flow

While Maris Tech Ltd generated -$2.2M in operating cash flow, capex of $191K consumed most of it, leaving -$2.4M 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 Neutral

4/9

Maris Tech Ltd passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

1.80x

For every $1 of reported earnings, Maris Tech Ltd generates $1.80 in operating cash flow (-$2.2M OCF vs -$1.2M 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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Revenue

$6.1M

YoY+50.8%

5Y CAGR+46.8%

Maris Tech Ltd generated $6.1M in revenue in fiscal year 2024. This represents an increase of 50.8% from the prior year.

EBITDA

-$1.3M

YoY+56.4%

Maris Tech Ltd's EBITDA was -$1.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 56.4% from the prior year.

Free Cash Flow

-$2.4M

YoY+39.2%

Maris Tech Ltd generated -$2.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 39.2% from the prior year.

Net Income

-$1.2M

YoY+54.5%

Maris Tech Ltd reported -$1.2M in net income in fiscal year 2024. This represents an increase of 54.5% from the prior year.

EPS (Diluted)

$-0.16

YoY+52.9%

Maris Tech Ltd earned $-0.16 per diluted share (EPS) in fiscal year 2024. This represents an increase of 52.9% from the prior year.

Cash & Debt

$2.3M

YoY+11.9%

5Y CAGR+114.1%

Maris Tech Ltd held $2.3M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY+2.9%

Maris Tech Ltd had 8M shares outstanding in fiscal year 2024. This represents an increase of 2.9% from the prior year.

Gross Margin

57.8%

YoY+10.0pp

5Y CAGR+14.1pp

Maris Tech Ltd's gross margin was 57.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 10.0 percentage points from the prior year.

Operating Margin

-22.2%

YoY+50.5pp

5Y CAGR-73.8pp

Maris Tech Ltd's operating margin was -22.2% in fiscal year 2024, reflecting core business profitability. This is up 50.5 percentage points from the prior year.

Net Margin

-20.3%

YoY+46.9pp

5Y CAGR+41.1pp

Maris Tech Ltd's net profit margin was -20.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 46.9 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$927K

YoY-12.1%

5Y CAGR+4.3%

Maris Tech Ltd invested $927K in research and development in fiscal year 2024. This represents a decrease of 12.1% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$191K

YoY+111.0%

5Y CAGR+136.0%

Maris Tech Ltd invested $191K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 111.0% from the prior year.

MTEKW Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$6.1M+50.8%	$4.0M+60.9%	$2.5M+20.7%	$2.1M+110.1%	$988K+10.6%	$893K
Cost of Revenue	$2.6M+21.8%	$2.1M+22.2%	$1.7M+55.6%	$1.1M+121.0%	$501K-0.4%	$503K
Gross Profit	$3.5M+82.4%	$1.9M+146.2%	$783K-19.2%	$969K+99.0%	$487K+24.8%	$391K
R&D Expenses	$927K-12.1%	$1.1M+3.2%	$1.0M+44.7%	$706K-9.6%	$781K+4.1%	$751K
SG&A Expenses	$3.0M+3.0%	$2.9M+3.1%	$2.8M+377.4%	$595K+702.3%	$74K-2.1%	$76K
Operating Income	-$1.3M+54.0%	-$2.9M+20.5%	-$3.7M-543.0%	-$573K-246.5%	$391K-15.2%	$461K
Interest Expense	N/A	N/A	$31K	N/A	$2K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$1.2M+54.5%	-$2.7M+26.5%	-$3.7M-347.5%	-$824K-28.7%	-$640K-16.8%	-$548K
EPS (Diluted)	$-0.16+52.9%	$-0.34+30.6%	$-0.49-104.2%	$-0.24-192.3%	$0.26	N/A

Metric	Q2'25	Q2'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MTEKW Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$9.8M-13.4%	$11.3M-15.2%	$13.4M+555.3%	$2.0M+261.2%	$565K	N/A
Current Assets	$8.7M-15.5%	$10.3M-15.8%	$12.3M+1167.7%	$967K+132.4%	$416K	N/A
Cash & Equivalents	$2.3M+11.9%	$2.1M+823.8%	$222K+28175.3%	$785-96.2%	$21K-59.8%	$51K
Inventory	$2.6M+33.2%	$2.0M+99.6%	$982K+150.8%	$391K+55.9%	$251K	N/A
Accounts Receivable	$3.5M+16.9%	$3.0M+86.1%	$1.6M+181.1%	$571K+348.1%	$128K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.0M-9.8%	$4.4M+17.8%	$3.8M-14.8%	$4.4M+39.6%	$3.2M	N/A
Current Liabilities	$3.3M+6.3%	$3.1M+68.8%	$1.8M-7.7%	$2.0M+55.9%	$1.3M	N/A
Long-Term Debt	N/A	$12K-47.1%	$23K-96.9%	$745K+23.8%	$602K	N/A
Total Equity	$5.8M-15.7%	$6.9M-28.2%	$9.6M+503.3%	-$2.4M+8.5%	-$2.6M-4.4%	-$2.5M
Retained Earnings	-$12.1M-11.3%	-$10.9M-33.1%	-$8.2M-81.9%	-$4.5M-22.4%	-$3.7M	N/A

Metric	Q2'25	Q2'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Total Assets	$8.0M-18.7%	$9.8M-9.8%	$10.9M-4.0%	$11.3M+5.6%	$10.7M-19.7%	$13.4M-5.2%	$14.1M+591.3%	$2.0M
Current Assets	$7.0M-19.9%	$8.7M-9.8%	$9.7M-6.3%	$10.3M+6.9%	$9.7M-21.2%	$12.3M-6.7%	$13.1M+1258.8%	$967K
Cash & Equivalents	$2.8M+20.7%	$2.3M+180.7%	$818K-60.1%	$2.1M+15.2%	$1.8M+702.0%	$222K-36.0%	$347K+44086.8%	$785
Inventory	$2.7M+4.8%	$2.6M+39.1%	$1.9M-4.3%	$2.0M+41.4%	$1.4M+41.2%	$982K+84.1%	$533K+36.2%	$391K
Accounts Receivable	$1.2M-65.1%	$3.5M-7.0%	$3.8M+25.7%	$3.0M+298.3%	$751K-53.3%	$1.6M+153.4%	$634K+10.9%	$571K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.5M+11.7%	$4.0M+5.9%	$3.8M-14.8%	$4.4M+29.2%	$3.4M-8.8%	$3.8M+20.5%	$3.1M-29.2%	$4.4M
Current Liabilities	$3.8M+16.6%	$3.3M+20.1%	$2.7M-11.5%	$3.1M+69.9%	$1.8M-0.6%	$1.8M+63.1%	$1.1M-43.4%	$2.0M
Long-Term Debt	N/A	N/A	N/A	$12K	N/A	$23K	N/A	$745K
Total Equity	$3.5M-39.6%	$5.8M-18.1%	$7.1M+3.0%	$6.9M-5.6%	$7.3M-23.9%	$9.6M-12.5%	$11.0M+561.0%	-$2.4M
Retained Earnings	-$14.5M-19.7%	-$12.1M-12.7%	-$10.8M+1.2%	-$10.9M-4.3%	-$10.5M-27.6%	-$8.2M-20.9%	-$6.8M-50.5%	-$4.5M

MTEKW Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$2.2M+42.7%	-$3.9M+20.3%	-$4.9M-455.1%	-$875K-109.1%	-$418K+24.5%	-$554K
Capital Expenditures	$191K+111.0%	$91K-68.2%	$284K+3470.9%	$8K+31.9%	$6K+131.7%	$3K
Free Cash Flow	-$2.4M+39.2%	-$4.0M+22.9%	-$5.1M-482.3%	-$883K-108.0%	-$425K+23.7%	-$557K
Investing Cash Flow	$3.0M-49.1%	$5.8M+162.5%	-$9.3M-31522.5%	-$29K+12.3%	-$34K-21.5%	-$28K
Financing Cash Flow	-$489K-309.4%	-$120K-100.8%	$14.4M+1497.9%	$899K+97.5%	$455K-19.3%	$564K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$120K	N/A	N/A	N/A	N/A

Metric	Q2'25	Q2'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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

MTEKW Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	57.8%+10.0pp	47.8%+16.6pp	31.3%-15.5pp	46.7%-2.6pp	49.3%+5.6pp	43.7%
Operating Margin	-22.2%+50.5pp	-72.7%+74.4pp	-147.1%-119.5pp	-27.6%-67.2pp	39.6%-12.0pp	51.6%
Net Margin	-20.3%+46.9pp	-67.2%+80.0pp	-147.2%-107.5pp	-39.7%+25.1pp	-64.8%-3.4pp	-61.4%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-12.6%+11.4pp	-23.9%+3.7pp	-27.6%+12.8pp	-40.4%+73.0pp	-113.4%	N/A
Current Ratio	2.68-0.7	3.38-3.4	6.77+6.3	0.49+0.2	0.33	N/A
Debt-to-Equity	0.69+0.7	0.000.0	0.00+0.3	-0.31-0.1	-0.23	N/A
FCF Margin	-39.6%+58.6pp	-98.3%+107.0pp	-205.3%-162.7pp	-42.5%+0.4pp	-43.0%+19.3pp	-62.3%

Metric	Q2'25	Q2'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.84-0.8	2.68-0.9	3.57+0.2	3.38-2.0	5.36-1.4	6.77-5.1	11.83+11.3	0.49
Debt-to-Equity	1.27+0.6	0.69+0.2	0.53+0.5	0.00-0.5	0.47+0.5	0.00-0.3	0.29+0.6	-0.31
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Maris Tech Ltd's annual revenue?

Maris Tech Ltd (MTEKW) reported $6.1M in total revenue for fiscal year 2024. This represents a 50.8% 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 Maris Tech Ltd's revenue growing?

Maris Tech Ltd (MTEKW) revenue grew by 50.8% year-over-year, from $4.0M to $6.1M in fiscal year 2024.

Is Maris Tech Ltd profitable?

No, Maris Tech Ltd (MTEKW) reported a net income of -$1.2M in fiscal year 2024, with a net profit margin of -20.3%.

What is Maris Tech Ltd's earnings per share (EPS)?

Maris Tech Ltd (MTEKW) reported diluted earnings per share of $-0.16 for fiscal year 2024. This represents a 52.9% 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 Maris Tech Ltd's EBITDA?

Maris Tech Ltd (MTEKW) had EBITDA of -$1.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Maris Tech Ltd's gross margin?

Maris Tech Ltd (MTEKW) had a gross margin of 57.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Maris Tech Ltd's operating margin?

Maris Tech Ltd (MTEKW) had an operating margin of -22.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Maris Tech Ltd's net profit margin?

Maris Tech Ltd (MTEKW) had a net profit margin of -20.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Maris Tech Ltd's free cash flow?

Maris Tech Ltd (MTEKW) generated -$2.4M in free cash flow during fiscal year 2024. This represents a 39.2% 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 Maris Tech Ltd's operating cash flow?

Maris Tech Ltd (MTEKW) generated -$2.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Maris Tech Ltd's total assets?

Maris Tech Ltd (MTEKW) had $9.8M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Maris Tech Ltd's capital expenditures?

Maris Tech Ltd (MTEKW) invested $191K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Maris Tech Ltd spend on research and development?

Maris Tech Ltd (MTEKW) invested $927K in research and development during fiscal year 2024.

How many shares does Maris Tech Ltd have outstanding?

Maris Tech Ltd (MTEKW) had 8M shares outstanding as of fiscal year 2024.

What is Maris Tech Ltd's current ratio?

Maris Tech Ltd (MTEKW) had a current ratio of 2.68 as of fiscal year 2024, which is generally considered healthy.

What is Maris Tech Ltd's debt-to-equity ratio?

Maris Tech Ltd (MTEKW) had a debt-to-equity ratio of 0.69 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Maris Tech Ltd's return on assets (ROA)?

Maris Tech Ltd (MTEKW) had a return on assets of -12.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Maris Tech Ltd's cash runway?

Based on fiscal year 2024 data, Maris Tech Ltd (MTEKW) had $2.3M in cash against an annual operating cash burn of $2.2M. This gives an estimated cash runway of approximately 12 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 Maris Tech Ltd's Piotroski F-Score?

Maris Tech Ltd (MTEKW) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 Maris Tech Ltd's earnings high quality?

Maris Tech Ltd (MTEKW) has an earnings quality ratio of 1.80x, 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 Maris Tech Ltd?

Maris Tech Ltd (MTEKW) scores 55 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.