PowerCompute (PWCM) Financials
Ticker history: LMFA became PWCM (PowerCompute, Inc.) on . Earlier news and filings retain their original names and dates. View LMFA history.
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PWCM SEC filings page.
PowerCompute, Inc. (PWCM) reported $8.8M in revenue over the twelve months to Jun 30, 2026, up 16.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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.
PowerCompute’s shrinking sales now coexist with deeper losses, heavier liabilities, and cash needs funded increasingly through financing.
From FY2024 to FY2025, revenue fell19.6% while operating margin deteriorated200.0 percentage points , indicating that costs did not flex with weaker sales. The margin deterioration coincided with SG&A rising93.7% and capital expenditures rising27.4% , so reinvestment and overhead remained elevated during contraction.
The balance sheet is shifting from equity toward liabilities: total liabilities rose
The FY2025 net loss was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of PowerCompute, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
PowerCompute, Inc. held $1.5M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $14.0M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and PowerCompute, Inc. scores 7/100 among other emerging companies.
PowerCompute, Inc. had 16M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and PowerCompute, Inc. scores 8/100 among other emerging companies.
Not available for PowerCompute, Inc., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
PowerCompute, Inc. reported revenue of $8.8M in fiscal year 2025, against $11.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and PowerCompute, Inc. scores 22/100 among other emerging companies.
PowerCompute, Inc.'s operations used $14.0M of cash in fiscal year 2025, against $11.9M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and PowerCompute, Inc. scores 8/100 among other emerging companies.
PowerCompute, Inc.'s cash, cash equivalents and investments came to $1.5M at the end of fiscal year 2025, against $22.4M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and PowerCompute, Inc. scores 13/100 among other emerging companies.
PowerCompute, Inc. scores -3.70, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $92.6M against total assets of $51.3M. 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.
PowerCompute, Inc. passes 1 of 7 computable financial strength tests (2 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), the one computable operating efficiency signal (asset turnover improving) does not pass.
PowerCompute, Inc. reported a net loss of $26.9M while operations used $14.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
PowerCompute, Inc. reported an operating loss of $22.9M against $1.1M 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
Earnings & Revenue
PowerCompute, Inc. generated $2.1M in revenue in Q2 2026. This represents an increase of 9.8% from the same quarter a year earlier. Against the prior quarter it is up 0.4%.
PowerCompute, Inc.'s EBITDA was -$3.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 222.4% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
PowerCompute, Inc. reported a net loss of $4.6M in Q2 2026. This represents a decrease of 4639.2% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
PowerCompute, Inc. recorded an outflow of $4.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
PowerCompute, Inc. held $854K in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Margins & Returns
PowerCompute, Inc.'s quarterly ROE was -26.4% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 26.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 22.1 percentage points.
Not reported for Q2 2026.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
PowerCompute, Inc. invested $44K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 78.6% from the same quarter a year earlier. Against the prior quarter it is down 78.7%.
Not reported for Q2 2026.
Not reported for Q2 2026.
PWCM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'24Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M+9.8% | $2.1M-11.1% | $2.4M+19.2% | $2.2M+73.5% | $1.9M-36.0% | $2.4M-50.1% | $2.0M-51.0% | $1.3M-63.3% |
| SG&A Expenses | $345K-8.0% | $376K+21.4% | $449K+91.5% | $448K+114.5% | $375K+91.9% | $310K+74.2% | $234K+39.0% | $209K+3.9% |
| Operating Income | -$3.9M-1010.3% | -$6.4Mn/m | -$14.7M-1833.1% | -$3.5Mn/m | $424Kn/m | -$5.1M-607.8% | $848Kn/m | -$4.0Mn/m |
| EBITDA | -$3.0M-222.4% | -$5.6Mn/m | -$12.6M-543.4% | -$1.5Mn/m | $2.5Mn/m | -$3.1M-202.7% | $2.8Mn/m | -$2.1Mn/m |
| Interest Expense | $687K+202.0% | $545K+146.8% | $441K+108.0% | $235K+89.7% | $228K+516.8% | $221K+211.9% | $212K | $124K |
| Income Tax | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0-100.0% | $0n/m |
| Net Income | -$4.6M-4639.2% | -$10.1Mn/m | -$17.9M-2905.4% | -$3.7Mn/m | $101Kn/m | -$5.4M-378.3% | $638Kn/m | -$4.3Mn/m |
| EPS (Basic) | -$5.26 | -$0.47 | -$1.89 | -$0.41 | $0.49 | -$1.05 | -$1.20 | -$2.25 |
| EPS (Diluted) | -$5.26 | -$0.47 | -$1.89 | -$0.41 | $0.49 | -$1.05 | -$1.20 | -$2.25 |
| Diluted Shares (Avg) | 875,050 | 21M | N/A | 10M | 205,336 | 5M | N/A | 3M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
PWCM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'24Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $37.1M-5.0% | $41.8M+6.7% | $51.3M+16.5% | $60.2M+58.9% | $39.0M+11.4% | $39.1M-3.7% | $44.0M+16.8% | $37.9M-1.5% |
| Current Assets | $19.1M+50.2% | $22.8M+123.2% | $23.5M+74.0% | $18.2M+60.9% | $12.7M+10.5% | $10.2M-32.9% | $13.5M+33.0% | $11.3M+62.5% |
| Cash & Equivalents | $854K+141.5% | $801K-22.1% | $1.4M-57.8% | $292K-95.1% | $354K+142.8% | $1.0M+24.4% | $3.4M+40.6% | $5.9M+1160.8% |
| Short-Term Investments | $43K+225.9% | $35K+90.8% | $37K+38.2% | $24K+25.4% | $13K-40.2% | $18K+16.8% | $27K+51.5% | $19K-90.5% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $21.6M+142.0% | $22.7M+149.5% | $22.4M+157.8% | $11.7M+47.9% | $8.9M+184.9% | $9.1M+250.1% | $8.7M+205.3% | $7.9M+207.6% |
| Current Liabilities | $19.2M+467.6% | $20.1M+934.2% | $19.9M+1174.4% | $9.9M+219.9% | $3.4M+9.1% | $1.9M-23.3% | $1.6M-43.5% | $3.1M+25.4% |
| Non-Current Liabilities | $2.4M-57.2% | $2.5M-64.7% | $2.5M-64.7% | $1.8M-61.9% | $5.5M+21190.0% | $7.1M+12606.9% | $7.1M+8226.3% | $4.8M+4121.9% |
| Total Equity | $17.3M-45.8% | $20.8M-34.4% | $30.6M-17.3% | $50.1M+66.0% | $31.9M-2.0% | $31.7M-17.5% | $37.0M+2.3% | $30.2M-19.2% |
| Retained Earnings | -$107.3Mn/m | -$102.7Mn/m | -$92.6Mn/m | -$74.7Mn/m | -$71.0Mn/m | -$71.1Mn/m | -$65.7Mn/m | -$66.3Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
PWCM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.9Mn/m | -$3.3Mn/m | -$5.2Mn/m | -$3.1Mn/m | -$2.8Mn/m | -$2.9Mn/m | -$3.3Mn/m | -$2.7Mn/m |
| Depreciation & Amortization | $840K-58.8% | $830K-59.3% | $2.1M+6.8% | $2.0M+1.9% | $2.0M+8.7% | $2.0M+3.1% | $2.0M+32.8% | $1.9M+27.6% |
| Stock-Based Compensation | $199K+696.0% | $331Kn/m | N/A | $124K+24.0% | $25K-75.0% | $0-100.0% | N/A | $100K-66.7% |
| Capital Expenditures | $44K-78.6% | $208K+22.2% | $1.6M+211.7% | $258K+14055.5% | $207K-83.1% | $170Kn/m | $504K | $2K-98.9% |
| Free Cash Flow | -$4.0Mn/m | -$3.5Mn/m | -$6.8Mn/m | -$3.3Mn/m | -$3.0Mn/m | -$3.1Mn/m | -$3.8M | -$2.7Mn/m |
| Investing Cash Flow | $3.4M+45.1% | $2.9M+286.6% | -$3.1Mn/m | -$19.5M-1388.7% | $2.4M+119.1% | $749K-54.3% | -$3.9M-231.0% | $1.5Mn/m |
| Financing Cash Flow | $567Kn/m | -$231Kn/m | $9.5M+107.3% | $22.5M+223.7% | -$218K-117.3% | -$199Kn/m | $4.6Mn/m | $7.0Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
PWCM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -182.1% | -305.0% | -620.7% | -161.5% | 22.0% | -215.1% | 42.7%+86.5pp | -318.6% |
| Net Margin | -215.6% | -479.8% | -756.0% | -171.2% | 5.2% | -227.7% | 32.1%+71.4pp | -341.3% |
| Return on Equity | -26.4%-26.8pp | -48.6%-31.6pp | -58.4%-60.2pp | -7.4%+6.8pp | 0.3%+17.6pp | -17.0%-22.1pp | 1.7%+6.1pp | -14.2%-2.4pp |
| Return on Assets | -12.3%-12.6pp | -24.2%-10.4pp | -34.9%-36.3pp | -6.2%+5.1pp | 0.3%+16.3pp | -13.8%-18.6pp | 1.5%+5.7pp | -11.3%+0.2pp |
| Current Ratio | 0.99-2.8x | 1.13-4.1x | 1.18-7.5x | 1.84-1.8x | 3.750.0x | 5.25-0.8x | 8.64+5.0x | 3.65+0.8x |
| Liabilities-to-Equity | 1.25+1.0x | 1.09+0.8x | 0.73+0.5x | 0.230.0x | 0.28+0.2x | 0.29+0.2x | 0.24+0.2x | 0.26+0.2x |
| Asset Turnover | 0.060.0x | 0.050.0x | 0.050.0x | 0.040.0x | 0.050.0x | 0.06-0.1x | 0.05-0.1x | 0.03-0.1x |
| FCF Margin | -188.0% | -165.8% | -286.9% | -152.1% | -156.7% | -129.4% | -189.4% | -215.3% |
Not reported in any period shown, so not listed: Gross Margin, Debt-to-Equity.
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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| PowerCompute, Inc. PWCM | FY2025 | $8.8M | -$26.9M | N/A | $1.4M | 12/100 |
| Solowin Holdings AXG | FY2026 | $28.0M | -$13.3M | -47.4% | $1.4M | 53/100 |
| Powell Max Limited PMAX | FY2025 | $6.1M | -$3.0M | -49.3% | $1.5M | 42/100 |
| Abits Group Inc ABTS | FY2025 | $9.1M | -$2.9M | -31.4% | $1.2M | 61/100 |
| IP Strategy Holdings, Inc. IPST | FY2025 | $10.1M | -$137.7M | N/A | $1.6M | 34/100 |
| DNA X, Inc. SONM | FY2025 | N/A | -$20.7M | N/A | $3.3M | — |
Where PowerCompute, Inc. Ranks
Frequently Asked Questions
PowerCompute, Inc. (PWCM) reported $8.8M in total revenue for fiscal year 2025. This represents a -19.6% 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.
PowerCompute, Inc. (PWCM) revenue declined by 19.6% year-over-year, from $11.0M to $8.8M in fiscal year 2025.
No, PowerCompute, Inc. (PWCM) reported a net loss of $36.3M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $26.9M.
PowerCompute, Inc. (PWCM) had EBITDA of -$14.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
PowerCompute, Inc. (PWCM) has a return on equity of -87.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
PowerCompute, Inc. (PWCM) recorded an outflow of $16.2M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
PowerCompute, Inc. (PWCM) recorded an outflow of $14.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
PowerCompute, Inc. (PWCM) had $51.3M in total assets as of fiscal year 2025, including both current and long-term assets.
PowerCompute, Inc. (PWCM) invested $2.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
PowerCompute, Inc. (PWCM) had a current ratio of 1.18 as of fiscal year 2025, which is considered adequate.
PowerCompute, Inc. (PWCM) had a liabilities-to-equity ratio of 0.73 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
PowerCompute, Inc. (PWCM) had a return on assets of -52.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
PowerCompute, Inc. (PWCM) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.4M as of Nov 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
PowerCompute, Inc. (PWCM) trades at 0.2x sales, its market capitalization divided by $8.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.4M as of Nov 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
PowerCompute, Inc. (PWCM) has an Altman Z-Score of -3.70, 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.
PowerCompute, Inc. (PWCM) has a Piotroski F-Score of 1 out of 7 computable signals; 2 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.
PowerCompute, Inc. (PWCM) reported a net loss of $26.9M while operations used $14.0M 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.
PowerCompute, Inc. (PWCM) reported an operating loss of $22.9M against $1.1M 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.
PowerCompute, Inc. (PWCM) scores 12 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For PowerCompute, Inc. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.