Precipio Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Precipio Inc has an operating margin of -22.8%, meaning the company retains $-23 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 -50.1% the prior year.
Precipio Inc's revenue surged 21.9% year-over-year to $18.5M, reflecting rapid business expansion. This strong growth earns a score of 91/100.
Precipio Inc 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.
Precipio Inc's current ratio of 0.81 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 12/100, which could limit financial flexibility.
Precipio Inc's free cash flow margin of 1.2% results in a low score of 6/100. Capital expenditures of $223K absorb a large share of operating cash flow.
Precipio Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Precipio Inc generates $-0.10 in operating cash flow ($439K OCF vs -$4.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
This page shows Precipio Inc (PRPO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).
Key Financial Metrics
Precipio Inc generated $18.5M in revenue in fiscal year 2024. This represents an increase of 21.9% from the prior year.
Precipio Inc's EBITDA was -$3.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 52.8% from the prior year.
Precipio Inc generated $216K in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 105.9% from the prior year.
Precipio Inc reported -$4.3M in net income in fiscal year 2024. This represents an increase of 26.7% from the prior year.
Precipio Inc earned $-2.93 per diluted share (EPS) in fiscal year 2024. This represents an increase of 35.0% from the prior year.
Precipio Inc held $1.4M in cash against $77K in long-term debt as of fiscal year 2024.
Precipio Inc had 1M shares outstanding in fiscal year 2024. This represents an increase of 5.2% from the prior year.
Precipio Inc's gross margin was 40.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.2 percentage points from the prior year.
Precipio Inc's operating margin was -22.8% in fiscal year 2024, reflecting core business profitability. This is up 27.4 percentage points from the prior year.
Precipio Inc's net profit margin was -23.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 15.4 percentage points from the prior year.
Precipio Inc invested $1.3M in research and development in fiscal year 2024. This represents a decrease of 23.5% from the prior year.
Precipio Inc invested $223K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 77.0% from the prior year.
PRPO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.8M+19.7% | $5.7M+14.7% | $4.9M-9.6% | $5.5M+22.7% | $4.4M+29.4% | $3.4M-20.7% | $4.3M-4.2% | $4.5M |
| Cost of Revenue | $3.8M+16.7% | $3.2M+15.6% | $2.8M-0.5% | $2.8M+2.9% | $2.7M+8.5% | $2.5M+8.5% | $2.3M-12.0% | $2.6M |
| Gross Profit | $3.0M+23.7% | $2.4M+13.5% | $2.1M-19.1% | $2.6M+54.2% | $1.7M+86.5% | $920K-54.3% | $2.0M+6.8% | $1.9M |
| 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 | -$61K+92.6% | -$824K+4.1% | -$859K-155.7% | -$336K+72.2% | -$1.2M+41.7% | -$2.1M-142.9% | -$854K+41.0% | -$1.4M |
| 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 | $0 |
| Net Income | -$79K-206.8% | $74K+108.4% | -$884K-142.2% | -$365K+70.1% | -$1.2M+41.3% | -$2.1M-324.8% | $925K+163.6% | -$1.5M |
| EPS (Diluted) | $-0.05-200.0% | $0.05+108.5% | $-0.59-168.2% | $-0.22+73.5% | $-0.83+43.2% | $-1.46-243.1% | $1.02+198.1% | $-1.04 |
PRPO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.2M+12.4% | $18.8M+5.8% | $17.8M+4.6% | $17.0M-1.9% | $17.3M+4.2% | $16.6M-8.2% | $18.1M-5.0% | $19.1M |
| Current Assets | $5.7M+39.8% | $4.1M+23.6% | $3.3M-5.0% | $3.5M+2.6% | $3.4M+29.6% | $2.6M-29.5% | $3.7M-14.6% | $4.3M |
| Cash & Equivalents | $2.3M+104.0% | $1.1M+11.1% | $1.0M-26.8% | $1.4M+8.6% | $1.3M+64.8% | $776K-48.3% | $1.5M-3.8% | $1.6M |
| Inventory | $788K-25.6% | $1.1M+28.4% | $825K+14.0% | $724K+10.9% | $653K+22.7% | $532K+38.5% | $384K-39.6% | $636K |
| Accounts Receivable | $2.0M+31.5% | $1.5M+52.5% | $976K+22.2% | $799K-27.8% | $1.1M+22.2% | $906K-30.4% | $1.3M-12.3% | $1.5M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.4M+13.4% | $6.5M+7.2% | $6.1M+24.2% | $4.9M-5.8% | $5.2M+35.1% | $3.9M+4.8% | $3.7M-39.3% | $6.1M |
| Current Liabilities | $4.5M+2.3% | $4.4M+0.5% | $4.3M+1.4% | $4.3M-7.1% | $4.6M+38.1% | $3.3M+5.9% | $3.1M-42.4% | $5.5M |
| Long-Term Debt | $55K-11.3% | $62K-11.4% | $70K-9.1% | $77K-16.3% | $92K-7.1% | $99K-6.6% | $106K-6.2% | $113K |
| Total Equity | $13.7M+11.9% | $12.3M+5.0% | $11.7M-3.3% | $12.1M-0.2% | $12.1M-5.2% | $12.8M-11.5% | $14.4M+11.5% | $12.9M |
| Retained Earnings | -$103.3M-0.1% | -$103.3M+0.1% | -$103.3M-0.9% | -$102.4M-1.0% | -$101.4M-1.2% | -$100.2M-2.1% | -$98.2M+0.9% | -$99.1M |
PRPO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10K-97.2% | $353K+902.3% | -$44K-107.8% | $565K+13.0% | $500K+175.0% | -$667K-685.1% | $114K+112.7% | -$896K |
| Capital Expenditures | $54K-8.5% | $59K-57.2% | $138K+213.6% | $44K | N/A | N/A | $49K+113.0% | $23K |
| Free Cash Flow | -$44K-115.0% | $294K+261.5% | -$182K-134.9% | $521K | N/A | N/A | $65K+107.1% | -$919K |
| Investing Cash Flow | -$54K+8.5% | -$59K+57.2% | -$138K-213.6% | -$44K | N/A | N/A | -$49K-113.0% | -$23K |
| Financing Cash Flow | $1.2M+773.5% | -$181K+4.7% | -$190K-2.7% | -$185K-353.4% | $73K+223.7% | -$59K+52.8% | -$125K-35.9% | -$92K |
| 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 |
PRPO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.4%+1.5pp | 43.0%-0.5pp | 43.4%-5.1pp | 48.5%+9.9pp | 38.6%+11.8pp | 26.8%-19.7pp | 46.5%+4.8pp | 41.7% |
| Operating Margin | -0.9%+13.7pp | -14.6%+2.9pp | -17.4%-11.3pp | -6.2%+21.1pp | -27.2%+33.2pp | -60.4%-40.7pp | -19.7%+12.3pp | -32.0% |
| Net Margin | -1.2%-2.5pp | 1.3%+19.2pp | -17.9%-11.2pp | -6.7%+20.8pp | -27.5%+33.1pp | -60.6%-82.0pp | 21.4%+53.6pp | -32.2% |
| Return on Equity | N/A | 0.6% | N/A | N/A | N/A | N/A | 6.4% | N/A |
| Return on Assets | -0.4%-0.8pp | 0.4%+5.4pp | -5.0%-2.8pp | -2.1%+4.9pp | -7.0%+5.5pp | -12.5%-17.6pp | 5.1%+12.8pp | -7.6% |
| Current Ratio | 1.27+0.3 | 0.93+0.2 | 0.76-0.1 | 0.81+0.1 | 0.73-0.0 | 0.78-0.4 | 1.17+0.4 | 0.79 |
| Debt-to-Equity | 0.000.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.01 |
| FCF Margin | -0.7%-5.8pp | 5.2%+8.9pp | -3.7%-13.3pp | 9.6% | N/A | N/A | 1.5%+21.8pp | -20.3% |
Note: The current ratio is below 1.0 (0.81), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Precipio Inc's annual revenue?
Precipio Inc (PRPO) reported $18.5M in total revenue for fiscal year 2024. This represents a 21.9% 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 Precipio Inc's revenue growing?
Precipio Inc (PRPO) revenue grew by 21.9% year-over-year, from $15.2M to $18.5M in fiscal year 2024.
Is Precipio Inc profitable?
No, Precipio Inc (PRPO) reported a net income of -$4.3M in fiscal year 2024, with a net profit margin of -23.2%.
What is Precipio Inc's earnings per share (EPS)?
Precipio Inc (PRPO) reported diluted earnings per share of $-2.93 for fiscal year 2024. This represents a 35.0% 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.
What is Precipio Inc's EBITDA?
Precipio Inc (PRPO) had EBITDA of -$3.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Precipio Inc have?
As of fiscal year 2024, Precipio Inc (PRPO) had $1.4M in cash and equivalents against $77K in long-term debt.
What is Precipio Inc's gross margin?
Precipio Inc (PRPO) had a gross margin of 40.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Precipio Inc's operating margin?
Precipio Inc (PRPO) had an operating margin of -22.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Precipio Inc's net profit margin?
Precipio Inc (PRPO) had a net profit margin of -23.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Precipio Inc's free cash flow?
Precipio Inc (PRPO) generated $216K in free cash flow during fiscal year 2024. This represents a 105.9% 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 Precipio Inc's operating cash flow?
Precipio Inc (PRPO) generated $439K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Precipio Inc's total assets?
Precipio Inc (PRPO) had $17.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Precipio Inc's capital expenditures?
Precipio Inc (PRPO) invested $223K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Precipio Inc spend on research and development?
Precipio Inc (PRPO) invested $1.3M in research and development during fiscal year 2024.
How many shares does Precipio Inc have outstanding?
Precipio Inc (PRPO) had 1M shares outstanding as of fiscal year 2024.
What is Precipio Inc's current ratio?
Precipio Inc (PRPO) had a current ratio of 0.81 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Precipio Inc's debt-to-equity ratio?
Precipio Inc (PRPO) 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 Precipio Inc's return on assets (ROA)?
Precipio Inc (PRPO) had a return on assets of -25.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Precipio Inc's Piotroski F-Score?
Precipio Inc (PRPO) 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 Precipio Inc's earnings high quality?
Precipio Inc (PRPO) has an earnings quality ratio of -0.10x, 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.
How financially healthy is Precipio Inc?
Precipio Inc (PRPO) scores 42 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.