Focus Universal Financials

$220.6 K

Revenue Q3, 2017

$69.2 M

Mkt cap, 23-Oct-2017
Gross profit (Q3, 2017)74.1 K
Gross profit margin (Q3, 2017), %34%
Net income (Q3, 2017)(140.6 K)
EBIT (Q3, 2017)(101.5 K)
Closing share price, 23-Oct-20172
Cash, 30-Sep-2017577.6 K

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016

Revenue

20.2 k337.5 k

Revenue growth, %

1575%

Cost of goods sold

10.7 k57.1 k

Gross profit

9.5 k280.4 k

Gross profit Margin, %

47%83%

General and administrative expense

34840.5 k257.4 k

Operating expense total

34840.5 k257.4 k

EBIT

(2.3 k)(84.3 k)(443.2 k)

EBIT margin, %

(419%)(131%)

Interest expense

203

Interest income

5.7 k

Pre tax profit

(439.3 k)

Income tax expense

1.6 k

Net Income

(2.3 k)(84.3 k)(440.9 k)

    Quarterly

    USDQ1, 2016Q2, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

    Revenue

    2 k9.6 k84.4 k86.6 k79.7 k82.2 k220.6 k

    Cost of goods sold

    2 k2 k5.7 k11.7 k13.2 k20.3 k146.5 k

    Gross profit

    (17)7.6 k78.7 k74.9 k66.4 k61.9 k74.1 k

    Gross profit Margin, %

    (1%)79%93%87%83%75%34%

    R&D expense

    46.5 k53.3 k54.5 k58.5 k

    General and administrative expense

    21.6 k16.1 k78.5 k71 k62.3 k62.9 k54.7 k

    Operating expense total

    21.6 k16.1 k78.5 k117.5 k115.5 k117.4 k175.6 k

    Depreciation and amortization

    1.4 k

    EBIT

    (34.7 k)(36.8 k)(114.4 k)(95.6 k)(105.1 k)(113.5 k)(101.5 k)

    EBIT margin, %

    (1728%)(382%)(136%)(110%)(132%)(138%)(46%)

    Interest expense

    1.5 k1.9 k39679653439.9 k

    Interest income

    79653439.9 k

    Pre tax profit

    (26.2 k)(38.7 k)(115 k)(93.6 k)(99.2 k)(108.7 k)(140.6 k)

    Income tax expense

    800800800

    Net Income

    (26.2 k)(39.5 k)(115.8 k)(93.6 k)(100 k)(108.7 k)(140.6 k)

      Balance Sheet

      Annual

      USDFY, 2014FY, 2015FY, 2016

      Cash

      7.4 k78 k340.1 k

      Accounts Receivable

      35.9 k

      Inventories

      104.8 k

      Current Assets

      7.7 k89.9 k488.8 k

      PP&E

      8.5 k

      Total Assets

      7.7 k113 k522 k

      Accounts Payable

      24.7 k

      Current Liabilities

      23.6 k141.8 k431.4 k

      Total Liabilities

      431.9 k

      Additional Paid-in Capital

      71.8 k713.2 k

      Retained Earnings

      (657.7 k)

      Total Equity

      (15.9 k)(28.8 k)90.1 k

      Financial Leverage

      -0.5 x-3.9 x5.8 x

        Quarterly

        USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

        Cash

        601.6 k483.6 k423.5 k216.8 k577.6 k

        Accounts Receivable

        75.8 k35.9 k105.5 k105 k

        Inventories

        49.4 k41.2 k40.7 k97.6 k76 k

        Current Assets

        683.3 k608.6 k510.5 k426.4 k769.7 k

        PP&E

        2.3 k4.3 k4 k8.1 k7.1 k

        Total Assets

        710.3 k637.6 k539.3 k459.2 k784 k

        Accounts Payable

        24.7 k24.7 k24.7 k24.7 k7.2 k

        Current Liabilities

        293.9 k314.8 k316.8 k477.7 k508.3 k

        Total Liabilities

        548.2 k

        Additional Paid-in Capital

        713.2 k713.2 k713.2 k1.4 m1.9 m

        Retained Earnings

        (332.6 k)(426.2 k)(526.1 k)(1.4 m)(1.7 m)

        Total Equity

        415.2 k321.6 k221.7 k(18.6 k)235.8 k

        Financial Leverage

        1.7 x2 x2.4 x-24.7 x3.3 x

          Cash Flow

          Annual

          USDFY, 2014FY, 2015FY, 2016

          Net Income

          (2.3 k)(84.3 k)(35.6 k)

          Cash From Operating Activities

          (42.1 k)

          Cash From Financing Activities

          176.5 k120 k

            Quarterly

            USDQ1, 2016Q2, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017

            Net Income

            (26.2 k)(39.5 k)(115.8 k)(93.6 k)(100 k)(108.7 k)

            Depreciation and Amortization

            111

            Accounts Receivable

            2 k86.1 k75.8 k35.9 k105.5 k

            Inventories

            2.2 k41.2 k40.7 k97.6 k

            Accounts Payable

            2 k3.8 k

            Cash From Operating Activities

            (146.5 k)

            Purchases of PP&E

            (1 k)

            Cash From Investing Activities

            (1 k)

            Cash From Financing Activities

            (82.9 k)

            Interest Paid

            501

              Ratios

              Y, 2017

              Financial Leverage

              3.3 x