What is Scage Future's earnings per share (EPS)?

Scage Future (SCAGW) reported diluted earnings per share of $-0.18 for fiscal year 2025. This represents a -20.0% 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.

Scage Future Financials

SCAGW

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2025 Currency USD FYE June

This page shows Scage Future (SCAGW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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 SCAGW FY2025 2026-04-22

Revenue expansion is not yet self-funding; outside capital is carrying a business whose cost structure still outruns gross economics.

From FY2024 to FY2025, revenue climbed from $6.1M to $11.1M, but operating cash burn stayed near the same level, so extra sales did not improve cash conversion. The gap was bridged by $24.7M of financing while year-end cash fell to $91K, which means the larger balance sheet was funded externally rather than by the business paying for its own growth.

The earnings problem worsened at the gross-profit line: gross margin moved from 8.8% to -6.4%, so FY2025 sales no longer covered direct costs. With SG&A at $10.7M, the company is not just losing money because it is small; overhead and commercial spending are running ahead of unit economics.

The balance sheet became bigger but not more flexible, with assets of $26.5M against liabilities of $27.4M, leaving equity negative. Day-to-day liquidity looks especially tight because the current ratio was 0.2x and cash only $91K, so near-term obligations appear to rely on continuing access to capital rather than internal cash reserves.

Financial Health Signals

Financial health score pending refresh

We are recalculating Scage Future's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

2/8

Scage Future passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Low Quality

0.46x

For every $1 of reported earnings, Scage Future generates $0.46 in operating cash flow (-$5.9M OCF vs -$12.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-39.7x

Scage Future earns $-39.7 in operating income for every $1 of interest expense (-$13.4M vs $338K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$11.1M

YoY+82.0%

Scage Future generated $11.1M in revenue in fiscal year 2025. This represents an increase of 82.0% from the prior year.

EBITDA

-$13.1M

YoY-145.9%

Scage Future's EBITDA was -$13.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 145.9% from the prior year.

Net Income

-$12.9M

YoY-122.6%

Scage Future reported -$12.9M in net income in fiscal year 2025. This represents a decrease of 122.6% from the prior year.

EPS (Diluted)

$-0.18

YoY-20.0%

Scage Future earned $-0.18 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 20.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$5.9M

YoY+5.9%

Scage Future generated -$5.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 5.9% from the prior year.

Cash & Debt

$91K

YoY-95.4%

Scage Future held $91K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

72M

YoY+42.4%

Scage Future had 72M shares outstanding in fiscal year 2025. This represents an increase of 42.4% from the prior year.

Margins & Returns

Gross Margin

-6.4%

YoY-15.2pp

Scage Future's gross margin was -6.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 15.2 percentage points from the prior year.

Operating Margin

-120.6%

YoY-24.5pp

Scage Future's operating margin was -120.6% in fiscal year 2025, reflecting core business profitability. This is down 24.5 percentage points from the prior year.

Net Margin

-116.4%

YoY-21.2pp

Scage Future's net profit margin was -116.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 21.2 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

$1.5M

YoY-9.0%

Scage Future invested $1.5M in research and development in fiscal year 2025. This represents a decrease of 9.0% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$13K

YoY-73.7%

Scage Future invested $13K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 73.7% from the prior year.

SCAGW Income Statement

Metric	FY25	FY24	FY23
Revenue	$11.1M+82.0%	$6.1M+1295.3%	$438K
Cost of Revenue	$11.8M+112.3%	$5.6M+601.0%	$795K
Gross Profit	-$713K-232.9%	$536K+250.1%	-$357K
R&D Expenses	$1.5M-9.0%	$1.7M-26.1%	$2.3M
SG&A Expenses	$10.7M+177.2%	$3.9M+32.0%	$2.9M
Operating Income	-$13.4M-128.3%	-$5.9M+12.6%	-$6.7M
Interest Expense	$338K-8.5%	$370K+144.1%	$151K
Income Tax	N/A	N/A	N/A
Net Income	-$12.9M-122.6%	-$5.8M+9.7%	-$6.4M
EPS (Diluted)	$-0.18-20.0%	$-0.15+21.1%	$-0.19

Metric	Q4'25	Q4'24
Revenue	N/A	N/A
Cost of Revenue	N/A	N/A
Gross Profit	N/A	N/A
R&D Expenses	N/A	N/A
SG&A Expenses	N/A	N/A
Operating Income	N/A	N/A
Interest Expense	N/A	N/A
Income Tax	N/A	N/A
Net Income	N/A	N/A
EPS (Diluted)	N/A	N/A

SCAGW Balance Sheet

Metric	FY25	FY24	FY23
Total Assets	$26.5M+150.9%	$10.6M	N/A
Current Assets	$5.0M-41.4%	$8.6M	N/A
Cash & Equivalents	$91K-95.4%	$2.0M+1045.0%	$173K
Inventory	$1.0M-39.2%	$1.7M	N/A
Accounts Receivable	$2.6M+28.7%	$2.0M	N/A
Goodwill	N/A	N/A	N/A
Total Liabilities	$27.4M-25.0%	$36.6M	N/A
Current Liabilities	$25.4M+100.3%	$12.7M	N/A
Long-Term Debt	N/A	N/A	N/A
Total Equity	-$5.3M+79.7%	-$26.0M-40.1%	-$18.6M
Retained Earnings	-$40.2M-47.5%	-$27.3M	N/A

Metric	Q4'25	Q4'24
Total Assets	$26.5M+150.9%	$10.6M
Current Assets	$5.0M-41.4%	$8.6M
Cash & Equivalents	$91K-95.4%	$2.0M
Inventory	$1.0M-39.2%	$1.7M
Accounts Receivable	$2.6M+28.7%	$2.0M
Goodwill	N/A	N/A
Total Liabilities	$27.4M-25.0%	$36.6M
Current Liabilities	$25.4M+100.3%	$12.7M
Long-Term Debt	N/A	N/A
Total Equity	-$5.3M+79.7%	-$26.0M
Retained Earnings	-$40.2M-47.5%	-$27.3M

SCAGW Cash Flow Statement

Metric	FY25	FY24	FY23
Operating Cash Flow	-$5.9M+5.3%	-$6.2M-27.2%	-$4.9M
Capital Expenditures	$13K-73.7%	$51K-69.1%	$166K
Free Cash Flow	-$5.9M+5.9%	-$6.3M-24.0%	-$5.1M
Investing Cash Flow	-$20.7M-1195.7%	-$1.6M-860.9%	-$166K
Financing Cash Flow	$24.7M+182.2%	$8.7M+41.4%	$6.2M
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

Metric	Q4'25	Q4'24
Operating Cash Flow	N/A	N/A
Capital Expenditures	N/A	N/A
Free Cash Flow	N/A	N/A
Investing Cash Flow	N/A	N/A
Financing Cash Flow	N/A	N/A
Dividends Paid	N/A	N/A
Share Buybacks	N/A	N/A

SCAGW Financial Ratios

Metric	FY25	FY24	FY23
Gross Margin	-6.4%-15.2pp	8.8%+90.4pp	-81.6%
Operating Margin	-120.6%-24.5pp	-96.1%+1438.0pp	-1534.2%
Net Margin	-116.4%-21.2pp	-95.1%+1374.7pp	-1469.8%
Return on Equity	N/A	N/A	N/A
Return on Assets	-48.9%+6.2pp	-55.1%	N/A
Current Ratio	0.20-0.5	0.67	N/A
Debt-to-Equity	N/A	N/A	N/A
FCF Margin	-53.1%+49.6pp	-102.7%+1052.4pp	-1155.1%

Metric	Q4'25	Q4'24
Gross Margin	N/A	N/A
Operating Margin	N/A	N/A
Net Margin	N/A	N/A
Return on Equity	N/A	N/A
Return on Assets	N/A	N/A
Current Ratio	0.20-0.5	0.67
Debt-to-Equity	N/A	N/A
FCF Margin	N/A	N/A

Note: Shareholder equity is negative (-$5.3M), 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 (0.20), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Scage Future's annual revenue?

Scage Future (SCAGW) reported $11.1M in total revenue for fiscal year 2025. This represents a 82.0% 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 Scage Future's revenue growing?

Scage Future (SCAGW) revenue grew by 82% year-over-year, from $6.1M to $11.1M in fiscal year 2025.

Is Scage Future profitable?

No, Scage Future (SCAGW) reported a net income of -$12.9M in fiscal year 2025, with a net profit margin of -116.4%.

What is Scage Future's EBITDA?

Scage Future (SCAGW) had EBITDA of -$13.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Scage Future's gross margin?

Scage Future (SCAGW) had a gross margin of -6.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Scage Future's operating margin?

Scage Future (SCAGW) had an operating margin of -120.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Scage Future's net profit margin?

Scage Future (SCAGW) had a net profit margin of -116.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Scage Future's free cash flow?

Scage Future (SCAGW) generated -$5.9M in free cash flow during fiscal year 2025. This represents a 5.9% 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 Scage Future's operating cash flow?

Scage Future (SCAGW) generated -$5.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Scage Future's total assets?

Scage Future (SCAGW) had $26.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Scage Future's capital expenditures?

Scage Future (SCAGW) invested $13K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Scage Future spend on research and development?

Scage Future (SCAGW) invested $1.5M in research and development during fiscal year 2025.

How many shares does Scage Future have outstanding?

Scage Future (SCAGW) had 72M shares outstanding as of fiscal year 2025.

What is Scage Future's current ratio?

Scage Future (SCAGW) had a current ratio of 0.20 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Scage Future's return on assets (ROA)?

Scage Future (SCAGW) had a return on assets of -48.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Scage Future's cash runway?

Based on fiscal year 2025 data, Scage Future (SCAGW) had $91K in cash against an annual operating cash burn of $5.9M. This gives an estimated cash runway of approximately 0 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.

Why is Scage Future's debt-to-equity ratio negative or not reported?

Scage Future (SCAGW) has negative shareholder equity of -$5.3M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 Scage Future's Piotroski F-Score?

Scage Future (SCAGW) has a Piotroski F-Score of 2 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 Scage Future's earnings high quality?

Scage Future (SCAGW) has an earnings quality ratio of 0.46x, 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.

Can Scage Future cover its interest payments?

Scage Future (SCAGW) has an interest coverage ratio of -39.7x, 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.