What is Nano Magic Inc's earnings per share (EPS)?

Nano Magic Inc (NMGX) reported diluted earnings per share of -$0.25 for fiscal year 2023. This represents a -19.0% 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.

Nano Magic Inc Financials

NMGX

Trailing 12 months to September 30, 2024

Revenue $2.6M -9.5% YoY

Net Income -$3.8M -36.6% YoY

EPS (Diluted) -$0.29 -11.5% YoY

Free Cash Flow -$2.1M -75.4% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2024, ended Sep 30, 2024 Reported Nov 19, 2024 Currency USD FYE December

Nano Magic Inc (NMGX) reported $2.6M in revenue over the twelve months to Sep 30, 2024, down 9.5% from the prior twelve months. This page shows its 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).

Rhea AI NMGX FY2023 2026-08-30

External financing is supporting a loss-making operation whose gross profit remains too small to absorb overhead after broader revenue contraction.

FY2023's revenue recovery from FY2022 coincided with gross margin improving from 3.7% to 13.1%. Yet operating margin remained deeply negative at -102.1%, alongside operating cash flow of -$1.54M, showing that gross profit still failed to absorb the cost base.

The margin structure is unstable: gross margin fell from 38.5% in FY2021 to 13.1% in FY2023, so the later revenue recovery did not restore earlier unit economics. In FY2023, SG&A of $977K exceeded gross profit of $364K, making overhead absorption the central earnings constraint.

FY2023 operating cash flow of -$1.54M nearly matched free cash flow of -$1.55M, indicating that reinvestment was not the main source of cash consumption. Financing cash flow was $1.77M while debt-to-equity stood at 1.7x, indicating that external funding had become part of the operating model.

Financial Health Signals

Financial health score not available

Nano Magic Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-5.75

Nano Magic Inc scores -5.75, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($7.1M) relative to total liabilities ($2.2M). 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.

Piotroski F-Score Partial

3/8

Nano Magic Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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 No Cash Backing

N/A

Nano Magic Inc reported a net loss of $2.9M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Nano Magic Inc reported an operating loss of $2.8M against $44K 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

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Earnings & Revenue

Revenue

$2.8M

YoY+8.0%

5Y CAGR-9.2%

10Y CAGR-11.2%

Nano Magic Inc generated $2.8M in revenue in fiscal year 2023. This represents an increase of 8.0% from the prior year.

EBITDA

-$2.7M

YoY+15.8%

Nano Magic Inc's EBITDA was -$2.7M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 15.8% from the prior year.

Net Income

-$2.9M

YoY-35.9%

Nano Magic Inc reported -$2.9M in net income in fiscal year 2023. This represents a decrease of 35.9% from the prior year.

EPS (Diluted)

-$0.25

YoY-19.0%

Nano Magic Inc earned -$0.25 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 19.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.5M

YoY+9.7%

Nano Magic Inc recorded an outflow of $1.5M in free cash flow in fiscal year 2023, representing a cash shortfall after capex. This represents an increase of 9.7% from the prior year.

Cash & Debt

$527K

YoY+103.5%

5Y CAGR+20.1%

10Y CAGR+18.0%

Nano Magic Inc held $527K in cash as of fiscal year 2023; long-term debt is not reported for that period.

Shares Outstanding

13M

YoY+25.1%

Nano Magic Inc had 13M shares outstanding in fiscal year 2023. This represents an increase of 25.1% from the prior year.

Dividends Per Share

Not reported for fiscal year 2023.

Margins & Returns

Gross Margin

13.1%

YoY+9.3pp

5Y CAGR-10.2pp

10Y CAGR-24.7pp

Nano Magic Inc's gross margin was 13.1% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is up 9.3 percentage points from the prior year.

Return on Equity

-218.0%

YoY-88.1pp

Nano Magic Inc's ROE was -218.0% in fiscal year 2023, measuring profit generated per dollar of shareholder equity. This is down 88.1 percentage points from the prior year.

Operating Margin

Not shown for fiscal year 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for fiscal year 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

R&D Spending

$47K

YoY+182.8%

5Y CAGR-4.9%

10Y CAGR-25.3%

Nano Magic Inc invested $47K in research and development in fiscal year 2023. This represents an increase of 182.8% from the prior year.

Capital Expenditures

$9K

YoY+90.5%

5Y CAGR+19.0%

10Y CAGR-17.8%

Nano Magic Inc invested $9K in capex in fiscal year 2023, funding long-term assets and infrastructure. This represents an increase of 90.5% from the prior year.

Share Buybacks

Not reported for fiscal year 2023.

NMGX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

NMGX quarterly income statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Revenue	$2.6M	$2.8M+8.0%	$2.6M-40.2%	$4.3M-9.4%	$4.8M+95.4%	$2.4M-45.9%	$4.5M-42.9%	$7.9M-2.9%	$8.1M-16.2%	$9.7M-2.7%	$10.0M+9.6%	$9.1M+152.6%	$3.6M-44.6%	$6.5M-19.3%	$8.0M+98.5%	$4.1M
Cost of Revenue	$2.5M	$2.4M-2.5%	$2.5M-6.4%	$2.7M-14.5%	$3.1M+46.8%	$2.1M-38.8%	$3.5M-38.5%	$5.6M+411.0%	$1.1M-82.7%	$6.3M+12.3%	$5.7M+0.1%	$5.6M	N/A	N/A	N/A	N/A
Gross Profit	$51K	$364K+278.2%	$96K-94.2%	$1.7M+0.2%	$1.7M+411.9%	$324K-69.1%	$1.0M-53.8%	$2.3M-19.2%	$2.8M-16.0%	$3.3M-22.3%	$4.3M+25.3%	$3.4M	N/A	N/A	N/A	N/A
R&D Expenses	$76K	$47K+182.8%	$17K-51.9%	$35K-38.6%	$57K-17.1%	$69K+12.6%	$61K-78.8%	$286K-1.4%	$290K-61.0%	$744K+22.6%	$607K-30.9%	$878K-80.4%	$4.5M-19.0%	$5.5M+17.0%	$4.7M+28.8%	$3.7M
SG&A Expenses	$1.0M	$977K+17.8%	$830K+7.2%	$774K+25.2%	$618K+12.8%	$548K-10.5%	$612K-24.7%	$813K-19.9%	$1.0M+2.3%	$993K-0.3%	$996K+33.2%	$748K-80.3%	$3.8M+19.8%	$3.2M+9.2%	$2.9M+14.3%	$2.5M
Operating Income	-$3.8M	-$2.8M+15.3%	-$3.4M-105.9%	-$1.6M-105.5%	-$793K+23.1%	-$1.0M-2452.6%	-$40K+94.4%	-$720K+3.6%	-$747K+57.7%	-$1.8M+23.0%	-$2.3M-1172.6%	-$180K+96.2%	-$4.7M-112.4%	-$2.2M-252.4%	$1.4M	N/A
Interest Expense	$48K	$44K+31.7%	$34K+77.0%	$19K+176.8%	$7K-20.2%	$9K-90.5%	$91K	N/A	N/A	N/A	N/A	$1.2M+170.1%	$453K+17.8%	$384K-8.9%	$422K+4079.8%	$10K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$24K-71.8%	$84K	$0	$0	$0-100.0%	$619K	N/A
Net Income	-$3.8M	-$2.9M-35.9%	-$2.1M-33.5%	-$1.6M-101.6%	-$781K+19.1%	-$965K-4472.0%	$22K-96.8%	$687K+23.6%	$556K+129.7%	-$1.9M0.0%	-$1.9M-901.6%	-$187K+96.4%	-$5.1M-99.6%	-$2.6M-724.9%	$411K+119.1%	-$2.2M
EPS (Diluted)	-$0.29	-$0.25-19.0%	-$0.21-23.5%	-$0.17-70.0%	-$0.10	-$0.21	$0.01+104.5%	-$0.22-22.2%	-$0.18+71.4%	-$0.63	-$1.08	$0.00	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$640K+3.8%	$617K+6.3%	$580K-19.2%	$718K+9.1%	$658K-7.2%	$709K+1.8%	$697K-8.0%	$757K
Cost of Revenue	$616K-7.0%	$663K+29.6%	$511K-28.3%	$713K+23.9%	$576K+13.5%	$507K-18.5%	$622K-21.4%	$792K
Gross Profit	$24K+152.5%	-$46K-166.9%	$69K+1426.9%	$5K-94.5%	$82K-59.2%	$202K+170.4%	$75K+317.4%	-$34K
R&D Expenses	$24K+9.4%	$22K+6.5%	$20K+88.1%	$11K-55.7%	$24K+282.6%	$6K+7.9%	$6K+290.7%	$2K
SG&A Expenses	$206K-19.4%	$256K-5.6%	$271K-12.3%	$310K+40.6%	$220K-14.8%	$259K+36.8%	$189K+3.4%	$183K
Operating Income	-$1.5M-84.2%	-$788K-7.2%	-$735K+11.6%	-$832K-25.4%	-$663K+0.8%	-$668K+1.4%	-$678K+24.9%	-$903K
Interest Expense	$12K-6.3%	$13K+4.8%	$12K+19.0%	$10K-13.4%	$12K+59.3%	$8K-47.3%	$14K+150.3%	$6K
Net Income	-$1.4M-70.9%	-$825K-10.5%	-$746K+12.4%	-$852K-21.8%	-$700K-7.5%	-$651K+0.3%	-$653K+18.6%	-$802K
EPS (Diluted)	-$0.10-66.7%	-$0.060.0%	-$0.06+14.3%	-$0.07-16.7%	-$0.060.0%	-$0.060.0%	-$0.06+25.0%	-$0.08

Not reported in any period shown, so not listed: Income Tax.

NMGX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

NMGX quarterly balance sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Total Assets	$3.5M-14.1%	$4.1M-0.4%	$4.1M-14.3%	$4.8M+263.0%	$1.3M-17.5%	$1.6M-26.7%	$2.2M-21.9%	$2.8M-22.0%	$3.6M-19.0%	$4.4M+11.2%	$4.0M+135.1%	$1.7M-61.5%	$4.4M+14.4%	$3.8M	N/A
Current Assets	$1.7M-10.6%	$1.9M-11.9%	$2.2M-18.7%	$2.7M+217.8%	$835K-34.4%	$1.3M-27.4%	$1.8M-13.9%	$2.0M-23.4%	$2.7M-19.4%	$3.3M+1.8%	$3.2M+132.1%	$1.4M-65.7%	$4.1M+12.7%	$3.6M	N/A
Cash & Equivalents	$527K+103.5%	$259K+31.0%	$198K-31.3%	$288K+32.9%	$217K+2.5%	$211K+52.9%	$138K-26.9%	$189K-28.0%	$263K-43.5%	$465K+363.0%	$100K-93.5%	$1.5M-49.8%	$3.1M+12.4%	$2.7M+852.2%	$287K
Inventory	$850K-24.1%	$1.1M-18.8%	$1.4M+63.8%	$842K+99.2%	$423K-24.5%	$560K-23.7%	$734K-29.1%	$1.0M-4.4%	$1.1M-30.4%	$1.6M+4.9%	$1.5M	N/A	N/A	N/A	N/A
Accounts Receivable	$209K-40.0%	$349K+18.9%	$293K-76.2%	$1.2M+713.1%	$151K-50.8%	$308K-49.4%	$608K-15.9%	$723K-34.3%	$1.1M+6.5%	$1.0M-32.2%	$1.5M+312.6%	$369K-56.0%	$840K+10.9%	$758K	N/A
Total Liabilities	$2.2M-10.8%	$2.5M+12.9%	$2.2M-35.5%	$3.4M+92.1%	$1.8M-27.5%	$2.4M-25.6%	$3.3M-2.8%	$3.4M-12.5%	$3.9M+20.2%	$3.2M+62.9%	$2.0M+466.8%	-$537K-121.6%	$2.5M-18.3%	$3.0M	N/A
Current Liabilities	$1.2M-9.6%	$1.4M+19.3%	$1.2M-42.9%	$2.0M+34.0%	$1.5M-34.6%	$2.3M-25.5%	$3.1M-0.3%	$3.1M-12.3%	$3.5M+10.5%	$3.2M+141.8%	$1.3M-48.7%	$2.6M+6.3%	$2.4M+67.7%	$1.4M	N/A
Long-Term Debt	N/A	N/A	$97K-65.0%	$276K+57.8%	$175K-14.0%	$203K-26.7%	$277K-22.2%	$357K-7.8%	$387K	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.3M-19.0%	$1.6M-15.6%	$1.9M+37.1%	$1.4M+412.7%	-$447K+46.6%	-$838K+23.6%	-$1.1M-89.6%	-$578K-112.3%	-$272K-122.3%	$1.2M-39.4%	$2.0M-9.8%	$2.2M+16.3%	$1.9M+136.6%	$810K+175.6%	-$1.1M
Retained Earnings	-$15.0M-23.5%	-$12.1M-20.9%	-$10.0M-18.6%	-$8.5M-10.2%	-$7.7M-14.4%	-$6.7M-2.1%	-$6.6M-11.6%	-$5.9M-10.4%	-$5.3M-53.8%	-$3.5M-214.6%	-$1.1M+99.1%	-$118.0M-4.5%	-$112.9M	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$2.3M-1.0%	$2.3M-18.8%	$2.9M-18.7%	$3.5M+0.5%	$3.5M-0.8%	$3.5M-4.7%	$3.7M-9.6%	$4.1M
Current Assets	$1.0M+10.6%	$941K-21.2%	$1.2M-29.7%	$1.7M+8.1%	$1.6M+5.4%	$1.5M-6.1%	$1.6M-16.4%	$1.9M
Cash & Equivalents	$39K-46.2%	$72K-62.0%	$189K-64.1%	$527K+328.2%	$123K+521.7%	$20K-64.5%	$56K-78.5%	$259K
Inventory	$720K-4.2%	$751K-3.7%	$780K-8.2%	$850K-14.4%	$993K-5.4%	$1.0M-0.6%	$1.1M-5.7%	$1.1M
Accounts Receivable	$249K+147.8%	$100K-29.7%	$143K-31.6%	$209K-35.0%	$322K-9.1%	$354K+1.2%	$349K+0.2%	$349K
Total Liabilities	$2.4M+3.8%	$2.4M+5.4%	$2.2M+1.1%	$2.2M-13.7%	$2.6M+6.4%	$2.4M-5.4%	$2.5M+2.8%	$2.5M
Current Liabilities	$1.9M+10.6%	$1.7M+11.7%	$1.6M+25.6%	$1.2M-19.2%	$1.5M+12.8%	$1.4M-8.3%	$1.5M+8.2%	$1.4M
Total Equity	-$145K-348.6%	-$32K-105.2%	$627K-52.1%	$1.3M+39.2%	$941K-16.0%	$1.1M-3.1%	$1.2M-28.6%	$1.6M
Retained Earnings	-$18.0M-8.5%	-$16.6M-5.2%	-$15.7M-5.0%	-$15.0M-6.0%	-$14.2M-5.2%	-$13.5M-5.1%	-$12.8M-5.4%	-$12.1M

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

NMGX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

NMGX quarterly cash flow statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Operating Cash Flow	-$2.1M	-$1.5M+10.0%	-$1.7M-24.1%	-$1.4M+31.2%	-$2.0M-127.7%	-$879K-663.7%	$156K-64.5%	$439K-1.3%	$444K+155.3%	-$804K-246.8%	$548K+355.8%	-$214K-106.0%	$3.6M+69.2%	$2.1M+338.2%	-$885K-257.8%	$561K
Capital Expenditures	$17K	$9K+90.5%	$5K-96.1%	$127K-11.5%	$143K+1189.0%	$11K+184.2%	$4K-35.7%	$6K+52.3%	$4K-98.4%	$248K+8.0%	$230K+247.6%	$66K	N/A	$78K+571.5%	$12K-44.3%	$21K
Free Cash Flow	-$2.1M	-$1.5M+9.7%	-$1.7M-13.9%	-$1.5M+29.9%	-$2.1M-141.0%	-$890K-685.5%	$152K-64.9%	$432K-1.8%	$440K+141.9%	-$1.1M-431.1%	$318K+213.4%	-$280K	N/A	$2.0M+326.3%	-$896K-266.0%	$540K
Investing Cash Flow	$408K	$36K+77.4%	$20K+115.8%	-$127K+11.4%	-$144K-1164.8%	-$11K-190.1%	-$4K-102.4%	$166K+747.1%	$20K+107.9%	-$248K-36.6%	-$182K	N/A	-$50K+35.5%	-$78K-571.5%	-$12K+44.3%	-$21K
Financing Cash Flow	$1.6M	$1.8M+3.8%	$1.7M+16.9%	$1.5M-34.2%	$2.2M+173.5%	$810K+1128.8%	-$79K+85.9%	-$560K-4.3%	-$537K-163.2%	$850K+54075.6%	-$2K	N/A	$875K-65.3%	$2.5M+60.5%	$1.6M+1091.9%	-$159K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$2K	N/A	N/A	$3K	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	-$642K-24.2%	-$516K-8.5%	-$476K+0.8%	-$480K-44.3%	-$332K+21.3%	-$422K-39.4%	-$303K-105.7%	-$147K
Capital Expenditures	$1K-56.3%	$3K-74.0%	$12K	$0-100.0%	$7K	$0-100.0%	$3K	$0
Free Cash Flow	-$643K-23.7%	-$520K-6.4%	-$488K-1.8%	-$480K-41.5%	-$339K+19.8%	-$422K-38.1%	-$306K-107.6%	-$147K
Investing Cash Flow	$99K-49.9%	$197K+124.5%	$88K+250.6%	$25K+483.3%	-$7K	$0-100.0%	$17K	$0
Financing Cash Flow	$510K+151.8%	$202K+304.4%	$50K-94.2%	$859K+94.2%	$442K+14.5%	$386K+368.8%	$82K-58.8%	$200K

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

NMGX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

NMGX quarterly financial ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Gross Margin	13.1%+9.3pp	3.7%-34.8pp	38.5%+3.7pp	34.8%+21.5pp	13.3%-10.0pp	23.3%-5.5pp	28.8%-5.8pp	34.6%+0.1pp	34.5%-8.7pp	43.2%+5.4pp	37.8%	N/A	N/A	N/A	N/A
Operating Margin	-102.1%	-130.1%	-37.8%-21.1pp	-16.7%+25.7pp	-42.3%-41.4pp	-0.9%+8.2pp	-9.1%+0.1pp	-9.2%+9.0pp	-18.2%+4.8pp	-23.0%-21.0pp	-2.0%	-130.2%	-34.0%-51.9pp	18.0%	N/A
Net Margin	-102.6%	-81.5%-45.0pp	-36.5%-20.1pp	-16.4%+23.2pp	-39.6%-40.1pp	0.5%-8.2pp	8.7%+1.9pp	6.9%+26.2pp	-19.3%-0.5pp	-18.8%-16.7pp	-2.1%	-142.7%	-39.6%-44.7pp	5.1%+58.2pp	-53.1%
Return on Equity	-218.0%-88.1pp	-129.9%-47.7pp	-82.2%-26.3pp	-55.9%	N/A	N/A	N/A	N/A	N/A	-153.4%-144.1pp	-9.3%+220.8pp	-230.0%-95.9pp	-134.1%-184.9pp	50.8%	N/A
Return on Assets	-81.2%-29.9pp	-51.4%-13.0pp	-38.3%-22.0pp	-16.3%+56.8pp	-73.1%-74.5pp	1.4%-30.1pp	31.5%+11.6pp	19.9%+72.1pp	-52.2%-9.9pp	-42.2%-37.5pp	-4.7%+298.3pp	-303.0%-244.5pp	-58.5%-69.2pp	10.7%	N/A
Current Ratio	1.370.0x	1.38-0.5x	1.87+0.6x	1.31+0.8x	0.550.0x	0.550.0x	0.57-0.1x	0.65-0.1x	0.75-0.3x	1.03-1.4x	2.44+1.9x	0.54-1.1x	1.67-0.8x	2.49	N/A
Debt-to-Equity	1.68+0.2x	1.53+1.5x	0.05-0.1x	0.20	N/A	N/A	N/A	N/A	N/A	2.63+1.7x	0.98	N/A	1.29-2.5x	3.75	N/A
FCF Margin	-55.6%+10.9pp	-66.5%-31.6pp	-34.9%+10.2pp	-45.1%-8.5pp	-36.5%-39.9pp	3.4%-2.1pp	5.5%+0.1pp	5.4%+16.3pp	-10.9%-14.1pp	3.2%+6.3pp	-3.1%	N/A	31.3%+42.4pp	-11.1%-24.5pp	13.3%

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	3.8%+11.2pp	-7.4%-19.3pp	11.8%+11.2pp	0.6%-11.9pp	12.5%-16.0pp	28.5%+17.8pp	10.7%+15.3pp	-4.5%
Operating Margin	-226.7%	-127.8%	-126.7%	-115.9%	-100.8%	-94.2%+3.0pp	-97.2%	-119.2%
Net Margin	-220.1%	-133.7%	-128.6%	-118.7%	-106.3%	-91.8%+1.9pp	-93.7%	-106.0%
Return on Equity	N/A	N/A	-119.0%-53.9pp	-65.1%+9.3pp	-74.4%-16.3pp	-58.1%-1.6pp	-56.5%-6.9pp	-49.6%
Return on Assets	-61.4%-25.8pp	-35.6%-9.5pp	-26.1%-1.9pp	-24.2%-4.2pp	-20.0%-1.5pp	-18.5%-0.8pp	-17.7%+2.0pp	-19.6%
Current Ratio	0.540.0x	0.54-0.2x	0.76-0.6x	1.37+0.3x	1.02-0.1x	1.090.0x	1.07-0.3x	1.38
Debt-to-Equity	N/A	N/A	3.56+1.9x	1.68-1.0x	2.72+0.6x	2.15-0.1x	2.20+0.7x	1.53
FCF Margin	-100.4%	-84.3%-0.1pp	-84.2%-17.4pp	-66.8%-15.3pp	-51.5%+8.1pp	-59.6%-15.7pp	-43.9%-24.4pp	-19.4%

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

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Where Nano Magic Inc Ranks

Frequently Asked Questions

What is Nano Magic Inc's annual revenue?

Nano Magic Inc (NMGX) reported $2.8M in total revenue for fiscal year 2023. This represents a 8.0% 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 Nano Magic Inc's revenue growing?

Nano Magic Inc (NMGX) revenue grew by 8.0% year-over-year, from $2.6M to $2.8M in fiscal year 2023.

Is Nano Magic Inc profitable?

No, Nano Magic Inc (NMGX) reported a net income of -$2.9M in fiscal year 2023.

What is Nano Magic Inc's EBITDA?

Nano Magic Inc (NMGX) had EBITDA of -$2.7M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

What is Nano Magic Inc's gross margin?

Nano Magic Inc (NMGX) had a gross margin of 13.1% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is Nano Magic Inc's return on equity (ROE)?

Nano Magic Inc (NMGX) has a return on equity of -218.0% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

What is Nano Magic Inc's free cash flow?

Nano Magic Inc (NMGX) recorded an outflow of $1.5M in free cash flow during fiscal year 2023. This represents a 9.7% 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 Nano Magic Inc's operating cash flow?

Nano Magic Inc (NMGX) recorded an outflow of $1.5M in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are Nano Magic Inc's total assets?

Nano Magic Inc (NMGX) had $3.5M in total assets as of fiscal year 2023, including both current and long-term assets.

What are Nano Magic Inc's capital expenditures?

Nano Magic Inc (NMGX) invested $9K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How much does Nano Magic Inc spend on research and development?

Nano Magic Inc (NMGX) invested $47K in research and development during fiscal year 2023.

How many shares does Nano Magic Inc have outstanding?

Nano Magic Inc (NMGX) had 13M shares outstanding as of fiscal year 2023.

What is Nano Magic Inc's current ratio?

Nano Magic Inc (NMGX) had a current ratio of 1.37 as of fiscal year 2023, which is considered adequate.

What is Nano Magic Inc's debt-to-equity ratio?

Nano Magic Inc (NMGX) had a debt-to-equity ratio of 1.68 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Nano Magic Inc's return on assets (ROA)?

Nano Magic Inc (NMGX) had a return on assets of -81.2% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

How does Nano Magic Inc's liquidity compare with its operating cash outflow?

At the end of fiscal year 2023, Nano Magic Inc (NMGX) held $577K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.5M over that year. Dividing the one by the other, the reported balance equals about 5 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 Nano Magic Inc's Altman Z-Score?

Nano Magic Inc (NMGX) has an Altman Z-Score of -5.75, 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 Nano Magic Inc's Piotroski F-Score?

Nano Magic Inc (NMGX) 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 Nano Magic Inc's earnings high quality?

Nano Magic Inc (NMGX) reported a net loss of $2.9M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 Nano Magic Inc cover its interest payments?

Nano Magic Inc (NMGX) reported an operating loss of $2.8M against $44K 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.