FSRD · Fast Radius, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.07M | $4.87M | $6.26M | - | - | - | - | - |
| Cost of Revenue | $7.05M | $7.01M | $2.97M | - | - | - | - | - |
| Gross Profit | $700.0K | $805.0K | $830.0K | - | - | - | - | - |
| R&D | $461.0K | $1.54M | $3.33M | - | - | - | - | - |
| SG&A | $15.16M | $14.72M | $38.23M | - | $1.48M | $1.12M | $235.5K | - |
| Total Operating Expenses | $13.05M | $15.61M | $47.89M | - | - | - | - | - |
| D&A | - | - | $654.0K | - | - | - | - | - |
| Operating Income | ($20.39M) | ($22.23M) | ($47.26M) | - | ($1.53M) | ($1.14M) | ($285.5K) | - |
| Interest Expense | - | - | - | - | - | - | - | - |
| Income Tax | $0 | $0 | $0 | - | - | - | - | - |
| Net Income | ($22.18M) | ($22.19M) | ($44.60M) | - | $8.65M | ($10.28M) | $8.03M | - |
| EPS - Basic | ($0.29) | - | - | - | - | - | - | - |
| EPS - Diluted | ($0.41) | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $21.39M | $37.86M | $57.36M | $82.2K | $133.2K | $204.8K | $479.3K | - |
| Accounts Receivable | $7.16M | $7.75M | $7.01M | - | - | - | - | - |
| Inventory | $443.0K | $555.0K | $449.0K | - | - | - | - | - |
| Accounts Payable | $5.08M | $6.29M | $3.76M | $81.2K | $195.4K | $165.3K | $100.2K | - |
| Current Assets | $33.58M | $54.46M | $76.58M | $810.0K | $858.7K | $943.9K | $25.0K | - |
| Total Assets | $47.75M | $69.33M | $90.66M | $345.92M | $346.15M | $346.53M | $394.4K | - |
| Current Liabilities | $52.65M | $48.34M | $45.20M | $4.17M | $2.07M | $925.4K | $369.4K | - |
| Long-term Debt | $0 | $5.65M | $16.78M | - | - | - | - | - |
| Total Liabilities | $53.19M | $55.21M | $58.21M | $26.92M | $26.56M | $35.60M | $26.99M | - |
| Stockholders' Equity | ($5.44M) | $14.12M | $32.45M | ($26.00M) | ($25.41M) | $5.00M | $25.0K | $0 |
| Retained Earnings | ($237.30M) | ($215.12M) | ($192.93M) | ($26.00M) | ($26.77M) | ($5.28M) | ($20) | - |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($43.13M) | - | - | - | ($1.45M) | - |
| Investing Cash Flow | - | - | ($1.61M) | - | - | - | ($345.00M) | - |
| Financing Cash Flow | - | - | $93.40M | - | - | - | $346.91M | - |
| CapEx | - | - | $1.37M | - | - | - | - | - |
| Free Cash Flow | - | - | ($44.51M) | - | - | - | - | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||
| Gross margin | 9.9% | 16.5% | 13.3% | - | - | - | - | - |
| Operating margin | -288.3% | -456.8% | -754.7% | - | - | - | - | - |
| EBITDA margin | - | - | -744.3% | - | - | - | - | - |
| Net margin | -313.6% | -455.9% | -712.2% | - | - | - | - | - |
| Free cash flow margin | - | - | -710.7% | - | - | - | - | - |
| FCF / Net income | - | - | 1.00 | - | - | - | - | - |
| R&D / Revenue | 6.5% | 31.7% | 53.2% | - | - | - | - | - |
| SG&A / Revenue | 214.4% | 302.4% | 610.4% | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - |
| Return on assets | -46.4% | -32.0% | -49.2% | - | 2.5% | -3.0% | 2035.9% | - |
| Return on equity | 407.9% | -157.2% | -137.5% | - | -34.1% | -205.6% | 32140.3% | - |
| Return on invested capital | - | -88.9% | -75.9% | - | - | - | - | - |
| Liquidity | ||||||||
| Current ratio | 0.64 | 1.13 | 1.69 | 0.19 | 0.41 | 1.02 | 0.07 | - |
| Quick ratio | 0.63 | 1.12 | 1.68 | 0.19 | 0.41 | 1.02 | 0.07 | - |
| Cash ratio | 0.41 | 0.78 | 1.27 | 0.02 | 0.06 | 0.22 | 1.30 | - |
| Leverage | ||||||||
| Debt / Equity | 0.00 | 0.40 | 0.52 | - | - | - | - | - |
| Debt / Assets | 0.00 | 0.08 | 0.19 | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - |
| Equity multiplier | -8.78 | 4.91 | 2.79 | -13.31 | -13.62 | 69.31 | 15.79 | - |
| Liabilities / Assets | 1.11 | 0.80 | 0.64 | 0.08 | 0.08 | 0.10 | 68.44 | - |
| Efficiency | ||||||||
| Asset turnover | 0.15 | 0.07 | 0.07 | - | - | - | - | - |
| Inventory turnover | 15.91 | 12.64 | 6.61 | - | - | - | - | - |
| Days sales outstanding | 369d | 581d | 409d | - | - | - | - | - |
| Days inventory outstanding | 23d | 29d | 55d | - | - | - | - | - |
| Days payable outstanding | 263d | 327d | 463d | - | - | - | - | - |
| Cash conversion cycle | 129d | 283d | 1d | - | - | - | - | - |
| Valuation | ||||||||
| P / E | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| Growth | ||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -1229.0% | -1855.7% | -16450.9% | - | - | - | - | - |
| Net income growth (YoY) | - | -115.9% | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 78.6% | 182.3% | 129787.9% | - | - | - | - | - |
Peer comparison
Same SIC group: Fabricated Structural Metal Products
Comparing Fast Radius against the 5 most active filers in the same SIC group.