Planet Image Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Planet Image has an operating margin of 4.6%, meaning the company retains $5 of operating profit per $100 of revenue. This below-average margin results in a low score of 23/100, suggesting thin profitability after operating expenses. This is down from 8.5% the prior year.
Planet Image's revenue declined 0.3% year-over-year, from $150.2M to $149.8M. This contraction results in a growth score of 28/100.
Planet Image has a moderate D/E ratio of 1.44. This balance of debt and equity financing earns a leverage score of 58/100.
Planet Image's current ratio of 1.45 indicates adequate short-term liquidity, earning a score of 38/100. The company can meet its near-term obligations, though with limited headroom.
While Planet Image generated -$2.1M in operating cash flow, capex of $1.1M consumed most of it, leaving -$3.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Planet Image's ROE of 12.5% shows moderate profitability relative to equity, earning a score of 50/100. This is down from 23.5% the prior year.
Planet Image scores 2.25, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Planet Image passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Planet Image generates $-0.30 in operating cash flow (-$2.1M OCF vs $7.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Planet Image earns $39.4 in operating income for every $1 of interest expense ($6.9M vs $175K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Planet Image (YIBO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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
Planet Image generated $149.8M in revenue in fiscal year 2024. This represents a decrease of 0.3% from the prior year.
Planet Image's EBITDA was $8.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 43.0% from the prior year.
Planet Image generated -$3.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 119.4% from the prior year.
Planet Image reported $7.1M in net income in fiscal year 2024. This represents a decrease of 8.5% from the prior year.
Planet Image earned $0.13 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 27.8% from the prior year.
Planet Image held $43.0M in cash against $0 in long-term debt as of fiscal year 2024.
Planet Image's gross margin was 34.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 4.4 percentage points from the prior year.
Planet Image's operating margin was 4.6% in fiscal year 2024, reflecting core business profitability. This is down 3.9 percentage points from the prior year.
Planet Image's net profit margin was 4.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
Planet Image's ROE was 12.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 11.0 percentage points from the prior year.
Planet Image invested $6.2M in research and development in fiscal year 2024. This represents a decrease of 6.3% from the prior year.
Planet Image invested $1.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 13.4% from the prior year.
YIBO Income Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
YIBO Balance Sheet
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Total Assets | $140.4M+1.0% | $138.9M+6.6% | $130.3M+9.8% | $118.6M |
| Current Assets | $114.4M-1.0% | $115.5M-2.6% | $118.6M+12.4% | $105.5M |
| Cash & Equivalents | $52.3M+21.6% | $43.0M-4.7% | $45.1M+22.8% | $36.8M |
| Inventory | $14.0M-32.1% | $20.6M+18.1% | $17.5M-17.4% | $21.1M |
| Accounts Receivable | $37.0M+16.9% | $31.6M+1.1% | $31.3M+25.7% | $24.9M |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $82.2M+0.2% | $82.0M-1.2% | $83.1M+4.5% | $79.5M |
| Current Liabilities | $77.4M-3.1% | $79.9M-3.0% | $82.4M+6.1% | $77.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A |
| Total Equity | $58.2M+2.3% | $56.9M+71.8% | $33.1M+32.1% | $25.1M |
| Retained Earnings | $25.1M-24.3% | $33.1M+27.3% | $26.0M+34.7% | $19.3M |
YIBO Cash Flow Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
YIBO Financial Ratios
| Metric | Q2'25 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 1.48+0.0 | 1.450.0 | 1.44+0.1 | 1.36 |
| Debt-to-Equity | 1.41-0.0 | 1.44-1.1 | 2.51-0.7 | 3.17 |
| FCF Margin | N/A | N/A | N/A | N/A |
Similar Companies
Frequently Asked Questions
What is Planet Image's annual revenue?
Planet Image (YIBO) reported $149.8M in total revenue for fiscal year 2024. This represents a -0.3% 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 Planet Image's revenue growing?
Planet Image (YIBO) revenue declined by 0.3% year-over-year, from $150.2M to $149.8M in fiscal year 2024.
Is Planet Image profitable?
Yes, Planet Image (YIBO) reported a net income of $7.1M in fiscal year 2024, with a net profit margin of 4.8%.
What is Planet Image's earnings per share (EPS)?
Planet Image (YIBO) reported diluted earnings per share of $0.13 for fiscal year 2024. This represents a -27.8% 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 Planet Image's EBITDA?
Planet Image (YIBO) had EBITDA of $8.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Planet Image's gross margin?
Planet Image (YIBO) had a gross margin of 34.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Planet Image's operating margin?
Planet Image (YIBO) had an operating margin of 4.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Planet Image's net profit margin?
Planet Image (YIBO) had a net profit margin of 4.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Planet Image's return on equity (ROE)?
Planet Image (YIBO) has a return on equity of 12.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Planet Image's free cash flow?
Planet Image (YIBO) generated -$3.3M in free cash flow during fiscal year 2024. This represents a -119.4% 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 Planet Image's operating cash flow?
Planet Image (YIBO) generated -$2.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Planet Image's total assets?
Planet Image (YIBO) had $138.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Planet Image's capital expenditures?
Planet Image (YIBO) invested $1.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Planet Image spend on research and development?
Planet Image (YIBO) invested $6.2M in research and development during fiscal year 2024.
What is Planet Image's current ratio?
Planet Image (YIBO) had a current ratio of 1.45 as of fiscal year 2024, which is considered adequate.
What is Planet Image's debt-to-equity ratio?
Planet Image (YIBO) had a debt-to-equity ratio of 1.44 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Planet Image's return on assets (ROA)?
Planet Image (YIBO) had a return on assets of 5.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Planet Image's cash runway?
Based on fiscal year 2024 data, Planet Image (YIBO) had $43.0M in cash against an annual operating cash burn of $2.1M. This gives an estimated cash runway of approximately 240 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.
What is Planet Image's Altman Z-Score?
Planet Image (YIBO) has an Altman Z-Score of 2.25, placing it in the Grey Zone (moderate 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.
What is Planet Image's Piotroski F-Score?
Planet Image (YIBO) 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 Planet Image's earnings high quality?
Planet Image (YIBO) has an earnings quality ratio of -0.30x, 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 Planet Image cover its interest payments?
Planet Image (YIBO) has an interest coverage ratio of 39.4x, meaning it can comfortably 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 Planet Image?
Planet Image (YIBO) scores 33 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.