This page shows Nocera (NCRA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Nocera's revenue declined 28.9% year-over-year, from $23.9M to $17.0M. This contraction results in a growth score of 0/100.
Nocera carries a low D/E ratio of 0.01, meaning only $0.01 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.
Nocera's current ratio of 2.00 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.
While Nocera generated -$1.6M in operating cash flow, capex of $956 consumed most of it, leaving -$1.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Nocera passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Nocera generates $0.67 in operating cash flow (-$1.6M OCF vs -$2.4M 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
Nocera generated $17.0M in revenue in fiscal year 2024. This represents a decrease of 28.9% from the prior year.
Nocera generated -$1.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 18.9% from the prior year.
Nocera reported -$2.4M in net income in fiscal year 2024. This represents an increase of 42.6% from the prior year.
Nocera earned $-0.18 per diluted share (EPS) in fiscal year 2024. This represents an increase of 57.4% from the prior year.
Nocera held $484K in cash against $24K in long-term debt as of fiscal year 2024.
Nocera had 14M shares outstanding in fiscal year 2024. This represents an increase of 25.6% from the prior year.
Nocera's gross margin was 2.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the prior year.
Nocera's net profit margin was -13.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.3 percentage points from the prior year.
Nocera invested $956 in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 99.9% from the prior year.
NCRA Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6M-59.6% | $4.0M-12.4% | $4.5M+13.4% | $4.0M-40.8% | $6.8M+37.8% | $4.9M-34.4% | $7.5M+2.5% | $7.3M |
| Cost of Revenue | $1.6M-60.5% | $3.9M-12.1% | $4.5M+17.2% | $3.8M-42.9% | $6.7M+39.3% | $4.8M-35.2% | $7.4M+2.7% | $7.2M |
| Gross Profit | $49K+51.3% | $32K-36.3% | $51K-70.1% | $170K+272.1% | $46K-45.5% | $84K+122.7% | $38K-26.6% | $51K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $870K+268.0% | $236K-29.3% | $334K-66.4% | $994K+180.5% | $354K-21.5% | $451K-24.6% | $599K+87.2% | $320K |
| Operating Income | -$821K-302.5% | -$204K+28.1% | -$283K+5.9% | -$301K+2.5% | -$309K+16.0% | -$368K+86.9% | -$2.8M-947.5% | -$268K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $3K-98.0% | $141K | $0-100.0% | $2K+224.5% | -$2K-101.4% | $124K+446.8% | $23K | $0 |
| Net Income | -$1.5M-205.2% | -$492K-98.3% | -$248K+86.5% | -$1.8M-2273.6% | $84K+129.3% | -$289K+88.6% | -$2.5M-862.6% | -$264K |
| EPS (Diluted) | $-0.10-202.9% | $-0.03-97.1% | $-0.02+87.5% | $-0.14-2317.5% | $0.01+126.1% | $-0.02+90.6% | $-0.26-872.3% | $-0.03 |
NCRA Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.9M+33.5% | $4.4M-7.9% | $4.8M-1.3% | $4.9M-22.0% | $6.3M-5.2% | $6.6M+31.2% | $5.0M-33.6% | $7.6M |
| Current Assets | $2.5M+262.3% | $696K-45.4% | $1.3M-0.4% | $1.3M-7.0% | $1.4M-29.1% | $1.9M+13.3% | $1.7M-13.1% | $2.0M |
| Cash & Equivalents | $2.0M+1255.0% | $150K-71.8% | $532K+9.8% | $484K-17.4% | $586K-39.0% | $962K-21.8% | $1.2M-4.0% | $1.3M |
| Inventory | N/A | $23K+137.0% | $10K | $0-100.0% | $86K-0.6% | $86K-2.2% | $88K0.0% | $88K |
| Accounts Receivable | $129K+16.9% | $110K-18.0% | $134K-7.2% | $145K-7.7% | $157K-9.2% | $172K-0.6% | $173K-28.8% | $244K |
| Goodwill | $1.8M0.0% | $1.8M-11.1% | $2.1M0.0% | $2.1M-35.8% | $3.2M+7.6% | $3.0M+81.7% | $1.7M-57.6% | $3.9M |
| Total Liabilities | $1.0M+53.2% | $681K-3.5% | $706K+6.5% | $663K+12.4% | $590K-61.1% | $1.5M-4.3% | $1.6M-10.7% | $1.8M |
| Current Liabilities | $1.0M+49.6% | $681K-3.5% | $706K+10.5% | $639K+15.0% | $556K-62.5% | $1.5M-6.6% | $1.6M+10.3% | $1.4M |
| Long-Term Debt | $25K | $0 | $0-100.0% | $24K-30.2% | $34K-5.5% | $36K | $0 | N/A |
| Total Equity | $4.9M+30.5% | $3.7M-8.5% | $4.1M-2.3% | $4.2M-25.5% | $5.6M+11.9% | $5.0M+49.0% | $3.4M-41.1% | $5.7M |
| Retained Earnings | -$23.5M-6.8% | -$22.0M-2.3% | -$21.5M-1.2% | -$21.2M-11.4% | -$19.1M+0.4% | -$19.2M-1.5% | -$18.9M-15.7% | -$16.3M |
NCRA Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$803K-291.3% | -$205K-78.3% | -$115K+82.7% | -$665K-177.6% | -$240K+48.0% | -$461K-1318.0% | -$33K+91.9% | -$402K |
| Capital Expenditures | $0 | N/A | N/A | $0-100.0% | $956 | $0 | $0 | $0 |
| Free Cash Flow | -$803K | N/A | N/A | -$665K-176.5% | -$241K+47.8% | -$461K-1318.0% | -$33K+91.9% | -$402K |
| Investing Cash Flow | $0+100.0% | -$136K-64022.5% | $213+100.0% | -$456K-202.7% | $444K+119.9% | $202K+132.2% | -$627K-200.0% | $627K |
| Financing Cash Flow | $2.6M+2886.0% | $88K-40.5% | $148K-86.2% | $1.1M+357.5% | -$418K-588.4% | -$61K-110.6% | $572K+1480.2% | -$41K |
| 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 |
NCRA Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 3.1%+2.2pp | 0.8%-0.3pp | 1.1%-3.1pp | 4.3%+3.6pp | 0.7%-1.0pp | 1.7%+1.2pp | 0.5%-0.2pp | 0.7% |
| Operating Margin | -51.2%-46.1pp | -5.1%+1.1pp | -6.3%+15.8pp | -22.1%-17.5pp | -4.6%+2.9pp | -7.5%+30.1pp | -37.6%-34.0pp | -3.7% |
| Net Margin | -93.6%-81.2pp | -12.4%-6.9pp | -5.5%+40.4pp | -45.9%-47.2pp | 1.3%+7.1pp | -5.9%+28.1pp | -34.0%-30.4pp | -3.6% |
| Return on Equity | N/A | N/A | N/A | N/A | 1.5% | N/A | N/A | N/A |
| Return on Assets | -25.3%-14.2pp | -11.1%-5.9pp | -5.1%+32.4pp | -37.6%-38.9pp | 1.4%+5.7pp | -4.4%+46.1pp | -50.5%-47.0pp | -3.5% |
| Current Ratio | 2.47+1.5 | 1.02-0.8 | 1.81-0.2 | 2.00-0.5 | 2.48+1.2 | 1.31+0.2 | 1.08-0.3 | 1.37 |
| Debt-to-Equity | 0.010.0 | 0.000.0 | 0.000.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.00-0.3 | 0.31 |
| FCF Margin | -50.1% | N/A | N/A | -16.6%-13.1pp | -3.6%+5.9pp | -9.4%-9.0pp | -0.4%+5.1pp | -5.5% |
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Frequently Asked Questions
What is Nocera's annual revenue?
Nocera (NCRA) reported $17.0M in total revenue for fiscal year 2024. This represents a -28.9% 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 Nocera's revenue growing?
Nocera (NCRA) revenue declined by 28.9% year-over-year, from $23.9M to $17.0M in fiscal year 2024.
Is Nocera profitable?
No, Nocera (NCRA) reported a net income of -$2.4M in fiscal year 2024, with a net profit margin of -13.8%.
What is Nocera's earnings per share (EPS)?
Nocera (NCRA) reported diluted earnings per share of $-0.18 for fiscal year 2024. This represents a 57.4% 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.
How much debt does Nocera have?
As of fiscal year 2024, Nocera (NCRA) had $484K in cash and equivalents against $24K in long-term debt.
What is Nocera's gross margin?
Nocera (NCRA) had a gross margin of 2.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Nocera's net profit margin?
Nocera (NCRA) had a net profit margin of -13.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Nocera's free cash flow?
Nocera (NCRA) generated -$1.6M in free cash flow during fiscal year 2024. This represents a 18.9% 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 Nocera's operating cash flow?
Nocera (NCRA) generated -$1.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Nocera's total assets?
Nocera (NCRA) had $4.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Nocera's capital expenditures?
Nocera (NCRA) invested $956 in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Nocera have outstanding?
Nocera (NCRA) had 14M shares outstanding as of fiscal year 2024.
What is Nocera's current ratio?
Nocera (NCRA) had a current ratio of 2.00 as of fiscal year 2024, which is generally considered healthy.
What is Nocera's debt-to-equity ratio?
Nocera (NCRA) had a debt-to-equity ratio of 0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nocera's return on assets (ROA)?
Nocera (NCRA) had a return on assets of -48.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Nocera's cash runway?
Based on fiscal year 2024 data, Nocera (NCRA) had $484K in cash against an annual operating cash burn of $1.6M. 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 Nocera's Piotroski F-Score?
Nocera (NCRA) 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 Nocera's earnings high quality?
Nocera (NCRA) has an earnings quality ratio of 0.67x, 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 Nocera?
Nocera (NCRA) scores 40 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.