SHIMMICK CORPORATION Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
SHIMMICK CORPORATION has an operating margin of -24.9%, meaning the company retains $-25 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 down from 0.1% the prior year.
SHIMMICK CORPORATION's revenue declined 24.1% year-over-year, from $632.8M to $480.2M. This contraction results in a growth score of 0/100.
SHIMMICK CORPORATION's current ratio of 0.65 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 6/100, which could limit financial flexibility.
While SHIMMICK CORPORATION generated -$21.3M in operating cash flow, capex of $10.5M consumed most of it, leaving -$31.7M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
SHIMMICK CORPORATION passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, SHIMMICK CORPORATION generates $0.17 in operating cash flow (-$21.3M OCF vs -$124.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
SHIMMICK CORPORATION earns $-22.0 in operating income for every $1 of interest expense (-$119.3M vs $5.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows SHIMMICK CORPORATION (SHIM) 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).
Key Financial Metrics
SHIMMICK CORPORATION generated $480.2M in revenue in fiscal year 2025. This represents a decrease of 24.1% from the prior year.
SHIMMICK CORPORATION's EBITDA was -$104.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 693.5% from the prior year.
SHIMMICK CORPORATION generated -$31.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 66.6% from the prior year.
SHIMMICK CORPORATION reported -$124.7M in net income in fiscal year 2025. This represents a decrease of 4799.8% from the prior year.
SHIMMICK CORPORATION earned $-4.10 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 3627.3% from the prior year.
SHIMMICK CORPORATION held $16.3M in cash against $31.4M in long-term debt as of fiscal year 2025.
SHIMMICK CORPORATION had 34M shares outstanding in fiscal year 2025. This represents an increase of 34.8% from the prior year.
SHIMMICK CORPORATION's gross margin was -11.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 15.1 percentage points from the prior year.
SHIMMICK CORPORATION's operating margin was -24.9% in fiscal year 2025, reflecting core business profitability. This is down 24.9 percentage points from the prior year.
SHIMMICK CORPORATION's net profit margin was -26.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 25.6 percentage points from the prior year.
SHIMMICK CORPORATION invested $10.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 48.8% from the prior year.
SHIM Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $141.9M+10.5% | $128.4M+5.2% | $122.1M-26.5% | $166.0M+83.3% | $90.6M-24.5% | $120.0M-13.1% | $138.1M-21.3% | $175.4M |
| Cost of Revenue | $131.1M+9.0% | $120.3M+2.4% | $117.4M-23.7% | $153.8M+26.4% | $121.7M-10.4% | $135.9M-1.9% | $138.5M-12.6% | $158.4M |
| Gross Profit | $10.8M+32.7% | $8.1M+73.1% | $4.7M-61.5% | $12.2M+139.2% | -$31.1M-96.3% | -$15.9M-3816.0% | -$405K-102.4% | $17.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $14.3M-5.0% | $15.0M+4.7% | $14.4M+10.7% | $13.0M-30.6% | $18.7M+15.8% | $16.2M-8.1% | $17.6M+25.5% | $14.0M |
| Operating Income | -$3.2M+55.2% | -$7.1M+20.1% | -$8.9M-837.5% | $1.2M+102.5% | -$48.0M-51.0% | -$31.8M-100.9% | -$15.8M-144.4% | $35.6M |
| Interest Expense | $1.4M+9.2% | $1.3M+31.3% | $1.0M-49.4% | $2.0M+32.2% | $1.5M+66.8% | $897K | N/A | $412K |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$4.4M+48.4% | -$8.5M+12.7% | -$9.8M-524.7% | -$1.6M+97.0% | -$51.4M-54.2% | -$33.3M-90.7% | -$17.5M-150.6% | $34.6M |
| EPS (Diluted) | $-0.12+52.0% | $-0.25+10.7% | $-0.28-460.0% | $-0.05+97.3% | $-1.83-40.8% | $-1.30-64.6% | $-0.79-150.0% | $1.58 |
SHIM Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $218.5M+7.6% | $203.0M-10.8% | $227.7M-34.3% | $346.7M+0.6% | $344.5M-8.9% | $378.0M-11.4% | $426.7M-6.7% | $457.1M |
| Current Assets | $162.3M+15.7% | $140.3M+3.4% | $135.8M-38.6% | $221.2M+5.9% | $208.8M-7.5% | $225.7M-12.3% | $257.5M-4.9% | $270.7M |
| Cash & Equivalents | $17.6M-17.7% | $21.4M+31.2% | $16.3M-37.2% | $26.0M+16.0% | $22.4M-18.1% | $27.3M-56.6% | $62.9M+1.7% | $61.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $41.8M-10.2% | $46.5M+1.2% | $46.0M-14.1% | $53.5M+10.3% | $48.5M-2.4% | $49.7M-8.3% | $54.2M-20.8% | $68.4M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $271.1M+7.4% | $252.4M-6.6% | $270.3M-21.8% | $345.8M+0.5% | $344.1M+1.2% | $339.9M-4.6% | $356.2M-8.4% | $388.8M |
| Current Liabilities | $194.7M0.0% | $194.8M-7.4% | $210.4M-24.4% | $278.2M+4.6% | $266.0M-1.4% | $269.8M-0.6% | $271.3M-8.7% | $297.2M |
| Long-Term Debt | $54.0M+66.0% | $32.6M+3.7% | $31.4M-21.3% | $39.9M-24.4% | $52.8M+67.6% | $31.5M+6.3% | $29.6M-11.3% | $33.4M |
| Total Equity | -$52.7M-6.5% | -$49.5M-16.0% | -$42.6M-4482.4% | $973K+123.2% | $436K-98.9% | $38.1M-45.9% | $70.5M+3.1% | $68.4M |
| Retained Earnings | -$100.9M-4.6% | -$96.5M-9.7% | -$88.0M-121.3% | -$39.7M-4.1% | -$38.2M-389.2% | $13.2M-71.6% | $46.5M-27.3% | $64.0M |
SHIM Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$23.7M-524.4% | -$3.8M+90.0% | -$38.2M-401.5% | $12.7M+128.9% | -$43.9M-25.4% | -$35.0M-50.0% | -$23.3M-468.3% | -$4.1M |
| Capital Expenditures | $5.0M+1332.3% | $347K-36.3% | $545K-77.0% | $2.4M-20.4% | $3.0M-35.6% | $4.6M+412.2% | $902K-69.2% | $2.9M |
| Free Cash Flow | -$28.7M-591.9% | -$4.2M+89.3% | -$38.7M-476.1% | $10.3M+122.0% | -$46.8M-18.2% | -$39.6M-63.5% | -$24.2M-244.4% | -$7.0M |
| Investing Cash Flow | -$110K-104.4% | $2.5M+668.3% | -$438K-102.4% | $18.4M+149.3% | $7.4M+199.8% | -$7.4M-183.2% | $8.9M+1658.3% | $506K |
| Financing Cash Flow | $20.1M+310.4% | $4.9M-77.6% | $21.9M+180.0% | -$27.4M-188.0% | $31.1M+363.2% | $6.7M-55.7% | $15.2M+316.0% | $3.6M |
| 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 |
SHIM Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.6%+1.3pp | 6.3%+2.5pp | 3.9%-3.5pp | 7.3%+41.7pp | -34.4%-21.2pp | -13.2%-12.9pp | -0.3%-10.0pp | 9.7% |
| Operating Margin | -2.2%+3.3pp | -5.5%+1.7pp | -7.3%-8.0pp | 0.7%+53.7pp | -53.0%-26.5pp | -26.5%-15.0pp | -11.5%-31.8pp | 20.3% |
| Net Margin | -3.1%+3.5pp | -6.6%+1.4pp | -8.0%-7.1pp | -0.9%+55.8pp | -56.7%-29.0pp | -27.8%-15.1pp | -12.7%-32.4pp | 19.7% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 50.5% |
| Return on Assets | -2.0%+2.2pp | -4.2%+0.1pp | -4.3%-3.8pp | -0.4%+14.5pp | -14.9%-6.1pp | -8.8%-4.7pp | -4.1%-11.7pp | 7.6% |
| Current Ratio | 0.83+0.1 | 0.72+0.1 | 0.65-0.1 | 0.80+0.0 | 0.79-0.1 | 0.84-0.1 | 0.95+0.0 | 0.91 |
| Debt-to-Equity | -1.03-0.4 | -0.66+0.1 | -0.74-41.7 | 41.01-80.1 | 121.08+120.2 | 0.83+0.4 | 0.42-0.1 | 0.49 |
| FCF Margin | -20.2%-17.0pp | -3.2%+28.5pp | -31.7%-37.9pp | 6.2%+57.9pp | -51.7%-18.7pp | -33.0%-15.4pp | -17.5%-13.5pp | -4.0% |
Note: Shareholder equity is negative (-$42.6M), 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 (0.65), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is SHIMMICK CORPORATION's annual revenue?
SHIMMICK CORPORATION (SHIM) reported $480.2M in total revenue for fiscal year 2025. This represents a -24.1% 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 SHIMMICK CORPORATION's revenue growing?
SHIMMICK CORPORATION (SHIM) revenue declined by 24.1% year-over-year, from $632.8M to $480.2M in fiscal year 2025.
Is SHIMMICK CORPORATION profitable?
No, SHIMMICK CORPORATION (SHIM) reported a net income of -$124.7M in fiscal year 2025, with a net profit margin of -26.0%.
What is SHIMMICK CORPORATION's earnings per share (EPS)?
SHIMMICK CORPORATION (SHIM) reported diluted earnings per share of $-4.10 for fiscal year 2025. This represents a -3627.3% 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 SHIMMICK CORPORATION's EBITDA?
SHIMMICK CORPORATION (SHIM) had EBITDA of -$104.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does SHIMMICK CORPORATION have?
As of fiscal year 2025, SHIMMICK CORPORATION (SHIM) had $16.3M in cash and equivalents against $31.4M in long-term debt.
What is SHIMMICK CORPORATION's gross margin?
SHIMMICK CORPORATION (SHIM) had a gross margin of -11.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is SHIMMICK CORPORATION's operating margin?
SHIMMICK CORPORATION (SHIM) had an operating margin of -24.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is SHIMMICK CORPORATION's net profit margin?
SHIMMICK CORPORATION (SHIM) had a net profit margin of -26.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is SHIMMICK CORPORATION's free cash flow?
SHIMMICK CORPORATION (SHIM) generated -$31.7M in free cash flow during fiscal year 2025. This represents a 66.6% 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 SHIMMICK CORPORATION's operating cash flow?
SHIMMICK CORPORATION (SHIM) generated -$21.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are SHIMMICK CORPORATION's total assets?
SHIMMICK CORPORATION (SHIM) had $227.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are SHIMMICK CORPORATION's capital expenditures?
SHIMMICK CORPORATION (SHIM) invested $10.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does SHIMMICK CORPORATION have outstanding?
SHIMMICK CORPORATION (SHIM) had 34M shares outstanding as of fiscal year 2025.
What is SHIMMICK CORPORATION's current ratio?
SHIMMICK CORPORATION (SHIM) had a current ratio of 0.65 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is SHIMMICK CORPORATION's debt-to-equity ratio?
SHIMMICK CORPORATION (SHIM) had a debt-to-equity ratio of -0.74 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is SHIMMICK CORPORATION's return on assets (ROA)?
SHIMMICK CORPORATION (SHIM) had a return on assets of -54.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is SHIMMICK CORPORATION's cash runway?
Based on fiscal year 2025 data, SHIMMICK CORPORATION (SHIM) had $16.3M in cash against an annual operating cash burn of $21.3M. This gives an estimated cash runway of approximately 9 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 SHIMMICK CORPORATION's debt-to-equity ratio negative or unusual?
SHIMMICK CORPORATION (SHIM) has negative shareholder equity of -$42.6M as of fiscal year 2025, 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 SHIMMICK CORPORATION's Piotroski F-Score?
SHIMMICK CORPORATION (SHIM) has a Piotroski F-Score of 2 out of 9, indicating weak 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 SHIMMICK CORPORATION's earnings high quality?
SHIMMICK CORPORATION (SHIM) has an earnings quality ratio of 0.17x, 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 SHIMMICK CORPORATION cover its interest payments?
SHIMMICK CORPORATION (SHIM) has an interest coverage ratio of -22.0x, 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.
How financially healthy is SHIMMICK CORPORATION?
SHIMMICK CORPORATION (SHIM) scores 1 out of 100 on our Financial Profile, indicating weak 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.