Omnitek Engineer Financials

OMTK

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

This page shows Omnitek Engineer (OMTK) 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

Piotroski F-Score Neutral

6/9

Omnitek Engineer passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-0.18x

For every $1 of reported earnings, Omnitek Engineer generates $-0.18 in operating cash flow ($30K OCF vs -$167K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-7.2x

Omnitek Engineer earns $-7.2 in operating income for every $1 of interest expense (-$149K vs $21K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Revenue

$1.0M

YoY-3.4%

5Y CAGR+1.1%

10Y CAGR-3.4%

Omnitek Engineer generated $1.0M in revenue in fiscal year 2024. This represents a decrease of 3.4% from the prior year.

EBITDA

-$145K

YoY+25.3%

Omnitek Engineer's EBITDA was -$145K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 25.3% from the prior year.

Free Cash Flow

N/A

Net Income

-$167K

YoY+22.4%

Omnitek Engineer reported -$167K in net income in fiscal year 2024. This represents an increase of 22.4% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$104K

YoY+41.7%

5Y CAGR+38.9%

10Y CAGR-14.5%

Omnitek Engineer held $104K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

22M

YoY+0.0%

5Y CAGR+0.6%

10Y CAGR+0.9%

Omnitek Engineer had 22M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Gross Margin

44.9%

YoY+6.0pp

5Y CAGR+27.5pp

10Y CAGR+1.0pp

Omnitek Engineer's gross margin was 44.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 6.0 percentage points from the prior year.

Operating Margin

-14.6%

YoY+4.0pp

5Y CAGR+58.0pp

10Y CAGR+116.2pp

Omnitek Engineer's operating margin was -14.6% in fiscal year 2024, reflecting core business profitability. This is up 4.0 percentage points from the prior year.

Net Margin

-16.4%

YoY+4.0pp

5Y CAGR+58.3pp

10Y CAGR+110.3pp

Omnitek Engineer's net profit margin was -16.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 4.0 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$70K

YoY+4.1%

5Y CAGR-8.0%

10Y CAGR-19.3%

Omnitek Engineer invested $70K in research and development in fiscal year 2024. This represents an increase of 4.1% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

OMTK Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$1.0M-3.4%	$1.1M-1.4%	$1.1M-2.4%	$1.1M+25.3%	$876K-9.2%	$964K
Cost of Revenue	$562K-12.8%	$645K-0.7%	$649K+4.5%	$622K+5.6%	$589K-26.1%	$797K
Gross Profit	$458K+11.5%	$411K-2.5%	$421K-11.4%	$476K+65.8%	$287K+71.4%	$167K
R&D Expenses	$70K+4.1%	$68K+1.7%	$66K+4.1%	$64K-22.2%	$82K-23.3%	$107K
SG&A Expenses	$533K-0.9%	$537K+2.0%	$527K-12.2%	$600K-10.6%	$672K-11.6%	$760K
Operating Income	-$149K+24.3%	-$196K-12.5%	-$174K+8.0%	-$189K+59.4%	-$467K+33.2%	-$700K
Interest Expense	$21K-11.9%	$23K+8.6%	$21K-13.1%	$25K+24.5%	$20K-0.7%	$20K
Income Tax	$8000.0%	$8000.0%	$8000.0%	$8000.0%	$8000.0%	$800
Net Income	-$167K+22.4%	-$215K-9.5%	-$197K-1229.9%	$17K+103.6%	-$490K+32.0%	-$720K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$297K-51.0%	$605K+68.3%	$360K+51.0%	$238K-14.1%	$277K+3.9%	$267K+12.6%	$237K-30.9%	$343K
Cost of Revenue	$132K-65.6%	$384K+75.4%	$219K+127.3%	$96K-38.3%	$156K-0.1%	$156K+1.8%	$153K-33.6%	$231K
Gross Profit	$165K-25.8%	$222K+57.3%	$141K-0.8%	$142K+17.1%	$121K+9.5%	$111K+32.3%	$84K-25.3%	$112K
R&D Expenses	$17K+0.1%	$17K-7.2%	$18K+10.5%	$17K-6.2%	$18K+0.2%	$18K-4.6%	$18K+12.8%	$16K
SG&A Expenses	$128K-14.9%	$150K+13.2%	$132K+11.6%	$119K-9.5%	$131K-16.5%	$157K+24.5%	$126K+5.4%	$120K
Operating Income	$19K-64.7%	$54K+601.1%	-$11K-282.9%	$6K+120.7%	-$28K+56.1%	-$65K-5.7%	-$61K-151.3%	-$24K
Interest Expense	$8K+15.9%	$7K+10.0%	$6K+25.3%	$5K-2.6%	$5K-0.3%	$5K-1.2%	$5K-9.3%	$6K
Income Tax	$0-100.0%	$800	$0	$0	$0-100.0%	$800	$0	$0
Net Income	$142K+12.7%	$126K+572.1%	-$27K-165.8%	$41K+223.4%	-$33K+69.7%	-$108K-63.0%	-$66K-51.3%	-$44K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

OMTK Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.1M+31.8%	$847K-23.9%	$1.1M-21.9%	$1.4M+45.9%	$977K-12.4%	$1.1M
Current Assets	$882K+82.7%	$483K-22.2%	$620K-22.9%	$804K-16.4%	$961K-11.2%	$1.1M
Cash & Equivalents	$104K+41.7%	$74K+30.7%	$56K-5.5%	$60K-1.7%	$61K+200.1%	$20K
Inventory	$268K-27.8%	$371K-31.8%	$543K-24.2%	$717K-12.8%	$822K-19.6%	$1.0M
Accounts Receivable	$11K-9.5%	$12K+20.2%	$10K+6.5%	$10K+1.1%	$9K+26.7%	$7K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.5M+21.2%	$2.0M-3.2%	$2.1M-6.0%	$2.2M+20.6%	$1.9M+19.8%	$1.5M
Current Liabilities	$2.2M+37.9%	$1.6M+4.3%	$1.5M-0.2%	$1.5M-6.5%	$1.6M+5.9%	$1.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.3M-13.6%	-$1.2M-20.2%	-$986K-22.1%	-$808K+7.6%	-$874K-102.9%	-$431K
Retained Earnings	-$22.0M-0.8%	-$21.9M-1.0%	-$21.6M-0.9%	-$21.4M+0.1%	-$21.5M-2.3%	-$21.0M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$847K-3.3%	$876K-16.9%	$1.1M-5.6%	$1.1M+11.3%	$1.0M+27.7%	$786K-8.5%	$858K+1.3%	$847K
Current Assets	$719K+1.0%	$712K-16.7%	$855K-3.0%	$882K+20.2%	$734K+52.3%	$482K-8.5%	$527K+9.2%	$483K
Cash & Equivalents	$39K+20.2%	$33K-28.8%	$46K-56.1%	$104K+154.3%	$41K+8.5%	$38K+87.4%	$20K-72.6%	$74K
Inventory	$319K-2.0%	$326K-40.7%	$549K+105.3%	$268K-3.5%	$277K+2.0%	$272K-16.8%	$327K-11.9%	$371K
Accounts Receivable	$5K+33.4%	$4K	$0-100.0%	$11K-35.5%	$17K-1.0%	$17K+0.2%	$17K+41.4%	$12K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.9M-8.1%	$2.1M-12.7%	$2.4M-1.4%	$2.5M+3.0%	$2.4M+11.7%	$2.1M+1.6%	$2.1M+3.7%	$2.0M
Current Liabilities	$1.8M-8.9%	$1.9M-12.1%	$2.2M+0.3%	$2.2M+5.6%	$2.1M+16.5%	$1.8M+4.4%	$1.7M+7.4%	$1.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.1M+11.4%	-$1.2M+9.4%	-$1.4M-2.0%	-$1.3M+2.9%	-$1.4M-2.4%	-$1.4M-8.5%	-$1.3M-5.4%	-$1.2M
Retained Earnings	-$21.8M+0.6%	-$21.9M+0.6%	-$22.1M-0.1%	-$22.0M+0.2%	-$22.1M-0.1%	-$22.0M-0.5%	-$21.9M-0.3%	-$21.9M

OMTK Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$30K+74.8%	$17K+86.3%	$9K+107.1%	-$130K+47.4%	-$248K-195.3%	-$84K
Capital Expenditures	N/A	N/A	$1K-90.0%	$14K	$0	$0
Free Cash Flow	N/A	N/A	$8K+105.4%	-$145K+41.6%	-$248K-195.3%	-$84K
Investing Cash Flow	-$6K	$0+100.0%	-$1K+90.0%	-$14K	$0	$0
Financing Cash Flow	$7K+6094.7%	$113+101.0%	-$11K-107.7%	$144K-50.1%	$288K+231.0%	$87K
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	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$8K+57.4%	-$20K+82.0%	-$109K-293.6%	$56K+1651.2%	$3K-86.6%	$24K+144.8%	-$53K-165.6%	$82K
Capital Expenditures	$0	$0-100.0%	$1K	$0	$0-100.0%	$42K-10.8%	$47K	N/A
Free Cash Flow	-$421K+27.2%	-$579K-77.0%	-$327K-364.3%	-$70K-139.3%	-$29K+95.9%	-$712K-12.8%	-$632K	N/A
Investing Cash Flow	$0	$0	$0-100.0%	$1	$0+100.0%	-$6K	$0	$0
Financing Cash Flow	$15K+130.8%	$7K-87.1%	$51K+621.4%	$7K	$0	$0	$0+100.0%	-$15K
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

OMTK Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	44.9%+6.0pp	38.9%-0.4pp	39.4%-4.0pp	43.4%+10.6pp	32.8%+15.4pp	17.4%
Operating Margin	-14.6%+4.0pp	-18.6%-2.3pp	-16.3%+1.0pp	-17.3%+36.1pp	-53.3%+19.2pp	-72.5%
Net Margin	-16.4%+4.0pp	-20.4%-2.0pp	-18.4%-20.0pp	1.6%+57.5pp	-55.9%+18.8pp	-74.7%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-15.0%+10.5pp	-25.4%-7.8pp	-17.7%-18.9pp	1.2%+51.4pp	-50.1%+14.5pp	-64.6%
Current Ratio	0.40+0.1	0.31-0.1	0.41-0.1	0.53-0.1	0.59-0.1	0.71
Debt-to-Equity	-1.83-0.1	-1.71+0.4	-2.13+0.6	-2.76-0.6	-2.12+1.5	-3.59
FCF Margin	N/A	N/A	0.7%+13.9pp	-13.2%+15.1pp	-28.2%-19.6pp	-8.7%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	55.5%+18.8pp	36.6%-2.6pp	39.2%-20.4pp	59.6%+15.9pp	43.7%+2.2pp	41.5%+6.2pp	35.3%+2.6pp	32.7%
Operating Margin	6.4%-2.5pp	8.9%+11.9pp	-3.0%-5.5pp	2.5%+12.7pp	-10.2%+14.0pp	-24.3%+1.6pp	-25.8%-18.7pp	-7.1%
Net Margin	47.8%+27.0pp	20.8%+28.2pp	-7.4%-24.4pp	17.0%+28.8pp	-11.8%+28.7pp	-40.6%-12.6pp	-28.0%-15.2pp	-12.8%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	16.7%+2.4pp	14.4%+16.9pp	-2.5%-6.2pp	3.6%+6.9pp	-3.3%+10.5pp	-13.8%-6.0pp	-7.7%-2.5pp	-5.2%
Current Ratio	0.41+0.0	0.37-0.0	0.39-0.0	0.40+0.0	0.36+0.1	0.27-0.0	0.310.0	0.31
Debt-to-Equity	-1.77-0.1	-1.70+0.1	-1.77+0.1	-1.83-0.1	-1.72-0.1	-1.58+0.1	-1.69+0.0	-1.71
FCF Margin	-93.7%+97.7pp	-191.4%-89.3pp	-102.1%-68.9pp	-33.2%-11.6pp	-21.6%+339.7pp	-361.3%-180.4pp	-180.8%	N/A

Note: Shareholder equity is negative (-$1.3M), 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.

Note: The current ratio is below 1.0 (0.40), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Superior Inds SSUP

$3.3M

Optec Internatio OPTI

$7.8M

Cdti Advanced CDTI

$7.5M

Hypercharge Networks Corp HCNWF

$6.5M

Freeflow Inc FFLO

$6.2M

Frequently Asked Questions

What is Omnitek Engineer's annual revenue?

Omnitek Engineer (OMTK) reported $1.0M in total revenue for fiscal year 2024. This represents a -3.4% 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 Omnitek Engineer's revenue growing?

Omnitek Engineer (OMTK) revenue declined by 3.4% year-over-year, from $1.1M to $1.0M in fiscal year 2024.

Is Omnitek Engineer profitable?

No, Omnitek Engineer (OMTK) reported a net income of -$167K in fiscal year 2024, with a net profit margin of -16.4%.

What is Omnitek Engineer's EBITDA?

Omnitek Engineer (OMTK) had EBITDA of -$145K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Omnitek Engineer's gross margin?

Omnitek Engineer (OMTK) had a gross margin of 44.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Omnitek Engineer's operating margin?

Omnitek Engineer (OMTK) had an operating margin of -14.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Omnitek Engineer's net profit margin?

Omnitek Engineer (OMTK) had a net profit margin of -16.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Omnitek Engineer's operating cash flow?

Omnitek Engineer (OMTK) generated $30K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Omnitek Engineer's total assets?

Omnitek Engineer (OMTK) had $1.1M in total assets as of fiscal year 2024, including both current and long-term assets.

How much does Omnitek Engineer spend on research and development?

Omnitek Engineer (OMTK) invested $70K in research and development during fiscal year 2024.

How many shares does Omnitek Engineer have outstanding?

Omnitek Engineer (OMTK) had 22M shares outstanding as of fiscal year 2024.

What is Omnitek Engineer's current ratio?

Omnitek Engineer (OMTK) had a current ratio of 0.40 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Omnitek Engineer's debt-to-equity ratio?

Omnitek Engineer (OMTK) had a debt-to-equity ratio of -1.83 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Omnitek Engineer's return on assets (ROA)?

Omnitek Engineer (OMTK) had a return on assets of -15.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Why is Omnitek Engineer's debt-to-equity ratio negative or unusual?

Omnitek Engineer (OMTK) has negative shareholder equity of -$1.3M as of fiscal year 2024, 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 Omnitek Engineer's Piotroski F-Score?

Omnitek Engineer (OMTK) has a Piotroski F-Score of 6 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 Omnitek Engineer's earnings high quality?

Omnitek Engineer (OMTK) has an earnings quality ratio of -0.18x, considered mixed quality. 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 Omnitek Engineer cover its interest payments?

Omnitek Engineer (OMTK) has an interest coverage ratio of -7.2x, 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.