NCRA · Nocera, 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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.28M | - | $1.36M | $6.75M | $4.90M | - | $7.28M | $5.33M | $4.90M | - |
| Cost of Revenue | $2.24M | - | $1.55M | $3.94M | $4.48M | - | $1.33M | $6.71M | $4.82M | - |
| Gross Profit | $42.0K | - | $49.1K | $32.5K | $51.0K | - | $34.1K | $45.8K | $84.0K | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $559.2K | - | $869.7K | $236.3K | $334.4K | - | $335.2K | $308.8K | $575.6K | - |
| Total Operating Expenses | $619.1K | - | $869.7K | $236.3K | $334.4K | - | $335.2K | $308.8K | $575.6K | - |
| D&A | $3.6K | - | $11.6K | $167.0K | $33.7K | - | $57.6K | $32.5K | $22.6K | - |
| Operating Income | ($1.27M) | - | ($820.6K) | ($203.9K) | ($283.4K) | - | ($301.1K) | ($263.0K) | ($491.6K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $0 | - | $2.9K | $140.6K | $0 | - | ($509) | $122.4K | $0 | - |
| Net Income | ($1.27M) | - | ($1.50M) | ($491.7K) | ($248.0K) | - | ($285.4K) | ($354.3K) | ($486.4K) | - |
| EPS - Basic | ($0.09) | - | ($0.10) | ($0.03) | ($0.02) | - | ($0.03) | ($0.03) | ($0.04) | - |
| EPS - Diluted | ($0.09) | - | ($0.10) | ($0.03) | ($0.02) | - | ($0.03) | ($0.03) | ($0.04) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.37M | $7.95M | $2.03M | $150.1K | $531.8K | $484.2K | $372.3K | $586.4K | $961.8K | $1.23M |
| Accounts Receivable | $0 | $0 | $128.5K | $110.0K | $134.1K | $144.5K | $100.9K | $156.5K | $172.3K | $173.4K |
| Inventory | - | - | - | $22.8K | $9.6K | $0 | $105.1K | $86.0K | $86.4K | $88.4K |
| Accounts Payable | - | - | - | - | $0 | - | $1.01M | $696.6K | $368.5K | $0 |
| Current Assets | $5.68M | $8.27M | $2.52M | $696.2K | $1.28M | $1.28M | $1.21M | $1.37M | $1.94M | $1.71M |
| Total Assets | $8.98M | $10.11M | $5.93M | $4.44M | $4.82M | $4.88M | $7.06M | $6.95M | $6.97M | $5.03M |
| Current Liabilities | $709.8K | $685.6K | $1.02M | $681.5K | $706.4K | $639.2K | $2.39M | $2.12M | $2.23M | $1.77M |
| Long-term Debt | - | - | $24.7K | $0 | $0 | $23.8K | $33.7K | $34.1K | $0 | - |
| Total Liabilities | $8.11M | $7.92M | $1.04M | $681.5K | $706.4K | $663.0K | $2.42M | $2.15M | $2.27M | $1.77M |
| Stockholders' Equity | ($1.43M) | ($440.7K) | $4.87M | $3.74M | $4.08M | $4.18M | $4.59M | $4.75M | $4.63M | $3.18M |
| Retained Earnings | ($27.46M) | ($26.19M) | ($23.48M) | ($21.98M) | ($21.49M) | ($21.24M) | ($20.18M) | ($19.89M) | ($19.54M) | ($19.05M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($583.0K) | - | - | - | ($115.1K) | - | - | - | ($461.0K) | - |
| Investing Cash Flow | ($2.00M) | - | - | - | $213 | - | - | - | $201.9K | - |
| Financing Cash Flow | ($2.2K) | - | - | - | $148.2K | - | - | - | ($60.7K) | - |
| CapEx | - | - | - | - | - | - | - | - | $0 | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($461.0K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 1.8% | - | 3.6% | 0.5% | 1.0% | - | 0.5% | 0.9% | 1.7% | - |
| Operating margin | -55.9% | - | -60.2% | -3.0% | -5.8% | - | -4.1% | -4.9% | -10.0% | - |
| EBITDA margin | -55.8% | - | -59.4% | -0.5% | -5.1% | - | -3.3% | -4.3% | -9.6% | - |
| Net margin | -55.9% | - | -110.1% | -7.3% | -5.1% | - | -3.9% | -6.7% | -9.9% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -9.4% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 0.95 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 24.6% | - | 63.8% | 3.5% | 6.8% | - | 4.6% | 5.8% | 11.7% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -14.2% | - | -25.3% | -11.1% | -5.1% | - | -4.0% | -5.1% | -7.0% | - |
| Return on equity | 89.1% | - | -30.8% | -13.2% | -6.1% | - | -6.2% | -7.5% | -10.5% | - |
| Return on invested capital | - | - | -13.2% | -4.3% | -5.5% | - | -5.1% | -4.3% | -8.4% | - |
| Liquidity | ||||||||||
| Current ratio | 8.00 | 12.06 | 2.47 | 1.02 | 1.81 | 2.00 | 0.51 | 0.65 | 0.87 | 0.97 |
| Quick ratio | 8.00 | 12.06 | 2.47 | 0.99 | 1.79 | 2.00 | 0.46 | 0.61 | 0.83 | 0.92 |
| Cash ratio | 7.56 | 11.60 | 2.00 | 0.22 | 0.75 | 0.76 | 0.16 | 0.28 | 0.43 | 0.69 |
| Leverage | ||||||||||
| Debt / Equity | - | - | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | - |
| Debt / Assets | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -6.28 | -22.94 | 1.22 | 1.19 | 1.18 | 1.17 | 1.54 | 1.47 | 1.51 | 1.58 |
| Liabilities / Assets | 0.90 | 0.78 | 0.18 | 0.15 | 0.15 | 0.14 | 0.34 | 0.31 | 0.33 | 0.35 |
| Efficiency | ||||||||||
| Asset turnover | 0.25 | - | 0.23 | 1.52 | 1.02 | - | 1.03 | 0.77 | 0.70 | - |
| Inventory turnover | - | - | - | 172.99 | 466.61 | - | 12.64 | 78.02 | 55.71 | - |
| Days sales outstanding | 0d | - | 34d | 6d | 10d | - | 5d | 11d | 13d | - |
| Days inventory outstanding | - | - | - | 2d | 1d | - | 29d | 5d | 7d | - |
| Days payable outstanding | - | - | - | - | 0d | - | 278d | 38d | 28d | - |
| Cash conversion cycle | - | - | - | - | 11d | - | -244d | -23d | -9d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | 4.7x | 4.0x | 3.5x | - | 3.4x | 3.1x | 3.3x | - |
| P / S | 1.3x | - | 16.9x | 2.2x | 2.9x | - | 2.2x | 2.8x | 3.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -53.5% | - | -81.3% | 26.8% | 0.0% | - | 973.0% | 143.9% | 27.7% | - |
| Revenue CAGR (3y) | -16.0% | - | -0.3% | 45.7% | 18.8% | - | 634.7% | 61.4% | 45.8% | - |
| Revenue CAGR (5y) | 7.6% | - | 243.7% | 259.4% | 48.0% | - | - | - | 235.8% | - |
| Gross profit growth (YoY) | -17.6% | - | 43.9% | -29.1% | -39.3% | - | -33.6% | 23.0% | 22.3% | - |
| Operating income growth (YoY) | -349.4% | - | -172.6% | 22.5% | 42.4% | - | -12.2% | 20.6% | 50.4% | - |
| Net income growth (YoY) | -413.6% | - | -425.8% | -38.8% | 49.0% | - | -8.1% | -13.8% | 50.7% | - |
| EPS growth (YoY) | -394.3% | - | -295.8% | -31.2% | 57.0% | - | - | 18.1% | 61.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | 6.2% | -21.3% | -11.8% | 31.4% | -19.6% | -11.7% | -18.8% | -47.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$13.61M totalFish Trading$10.85M · 79.7%
Catering$2.60M · 19.1%
ECommerce$160.0K · 1.2%
Peer comparison
Same SIC group: Agricultural Prod-Livestock & Animal Specialties
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| CALM | $4.26B | 28.6% | 47.6% |
Comparing NOCERA against the 1 most active filer in the same SIC group.