NMGX · Nano Magic 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 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $640.3K | $616.6K | $580.1K | - | $658.2K | $709.3K | $697.0K | - | $807.0K | $493.8K |
| Cost of Revenue | $616.1K | $662.6K | $511.4K | - | $575.7K | $507.2K | $622.3K | - | $698.4K | $458.3K |
| Gross Profit | $24.2K | ($46.0K) | $68.7K | - | $82.5K | $202.1K | $74.8K | - | $108.6K | $35.5K |
| R&D | $23.6K | $21.6K | $20.3K | - | $24.4K | $6.4K | $5.9K | - | $4.6K | $3.2K |
| SG&A | $206.5K | $256.3K | $271.4K | - | $220.2K | $258.5K | $189.0K | - | $183.7K | $211.5K |
| Total Operating Expenses | $1.48M | $742.1K | $803.6K | - | $745.6K | $881.9K | $752.5K | - | $765.6K | $855.9K |
| D&A | - | - | $26.9K | - | - | - | $28.3K | - | - | - |
| Operating Income | ($1.45M) | ($788.0K) | ($734.9K) | - | ($663.1K) | ($668.3K) | ($677.8K) | - | ($561.3K) | ($820.4K) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($1.41M) | ($824.7K) | ($746.2K) | - | ($699.7K) | ($650.9K) | ($653.0K) | - | ($542.6K) | $307.1K |
| EPS - Basic | ($0.10) | ($0.06) | ($0.06) | - | ($0.06) | ($0.06) | ($0.06) | - | ($0.05) | $0.03 |
| EPS - Diluted | ($0.10) | ($0.06) | ($0.06) | - | ($0.06) | ($0.06) | ($0.06) | - | ($0.05) | $0.03 |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $123.2K | $71.9K | $527.5K | $527.5K | $123.2K | $19.8K | $55.8K | $259.2K | $206.3K | $1.68M |
| Accounts Receivable | $248.8K | $100.4K | $142.9K | $209.1K | $321.6K | $353.8K | $349.4K | $348.6K | $356.1K | $239.5K |
| Inventory | $719.9K | $751.2K | $780.0K | $849.8K | $992.7K | $1.05M | $1.06M | $1.12M | $1.32M | $1.32M |
| Accounts Payable | - | - | - | - | - | - | - | $762.5K | $546.0K | $423.5K |
| Current Assets | $1.04M | $941.4K | $1.19M | $1.70M | $1.57M | $1.49M | $1.59M | $1.90M | $2.09M | $2.18M |
| Total Assets | $2.29M | $2.32M | $2.86M | $3.52M | $3.50M | $3.52M | $3.70M | $4.09M | $4.33M | $4.49M |
| Current Liabilities | $1.93M | $1.75M | $1.56M | $1.24M | $1.54M | $1.37M | $1.49M | $1.38M | $1.15M | $1.00M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.44M | $2.35M | $2.23M | $2.21M | $2.56M | $2.40M | $2.54M | $2.47M | $2.24M | $2.04M |
| Stockholders' Equity | ($144.9K) | ($32.3K) | $627.0K | $1.31M | $940.6K | $1.12M | $1.16M | $1.62M | $2.08M | $2.45M |
| Retained Earnings | ($17.98M) | ($16.57M) | ($15.75M) | ($15.00M) | ($14.15M) | ($13.45M) | ($12.80M) | ($12.15M) | ($11.34M) | ($10.80M) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($476.0K) | - | - | - | ($303.0K) | - | - | - |
| Investing Cash Flow | - | - | $87.7K | - | - | - | $17.2K | - | - | - |
| Financing Cash Flow | - | - | $50.1K | - | - | - | $82.4K | - | - | - |
| CapEx | - | - | $12.3K | - | - | - | $2.8K | - | - | - |
| Free Cash Flow | - | - | ($488.4K) | - | - | - | ($305.9K) | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 3.8% | -7.5% | 11.8% | - | 12.5% | 28.5% | 10.7% | - | 13.5% | 7.2% |
| Operating margin | -226.7% | -127.8% | -126.7% | - | -100.8% | -94.2% | -97.2% | - | -69.5% | -166.2% |
| EBITDA margin | - | - | -122.0% | - | - | - | -93.2% | - | - | - |
| Net margin | -220.1% | -133.7% | -128.6% | - | -106.3% | -91.8% | -93.7% | - | -67.2% | 62.2% |
| Free cash flow margin | - | - | -84.2% | - | - | - | -43.9% | - | - | - |
| FCF / Net income | - | - | 0.65 | - | - | - | 0.47 | - | - | - |
| R&D / Revenue | 3.7% | 3.5% | 3.5% | - | 3.7% | 0.9% | 0.8% | - | 0.6% | 0.7% |
| SG&A / Revenue | 32.3% | 41.6% | 46.8% | - | 33.5% | 36.4% | 27.1% | - | 22.8% | 42.8% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -61.4% | -35.6% | -26.1% | - | -20.0% | -18.5% | -17.7% | - | -12.5% | 6.8% |
| Return on equity | 972.5% | 2553.2% | -119.0% | - | -74.4% | -58.1% | -56.5% | - | -26.0% | 12.5% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.54 | 0.54 | 0.76 | 1.37 | 1.02 | 1.09 | 1.07 | 1.38 | 1.82 | 2.17 |
| Quick ratio | 0.17 | 0.11 | 0.27 | 0.68 | 0.38 | 0.32 | 0.36 | 0.57 | 0.67 | 0.85 |
| Cash ratio | 0.06 | 0.04 | 0.34 | 0.42 | 0.08 | 0.01 | 0.04 | 0.19 | 0.18 | 1.67 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -15.84 | -71.80 | 4.56 | 2.68 | 3.72 | 3.15 | 3.20 | 2.53 | 2.08 | 1.83 |
| Liabilities / Assets | 1.06 | 1.01 | 0.78 | 0.63 | 0.73 | 0.68 | 0.69 | 0.60 | 0.52 | 0.45 |
| Efficiency | ||||||||||
| Asset turnover | 0.28 | 0.27 | 0.20 | - | 0.19 | 0.20 | 0.19 | - | 0.19 | 0.11 |
| Inventory turnover | 0.86 | 0.88 | 0.66 | - | 0.58 | 0.48 | 0.59 | - | 0.53 | 0.35 |
| Days sales outstanding | 142d | 59d | 90d | - | 178d | 182d | 183d | - | 161d | 177d |
| Days inventory outstanding | 427d | 414d | 557d | - | 629d | 755d | 619d | - | 692d | 1055d |
| Days payable outstanding | - | - | - | - | - | - | - | - | 285d | 337d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | 568d | 895d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | 8.3x |
| P / B | - | - | 8.6x | - | 10.7x | 9.8x | 2.3x | - | 1.3x | 1.0x |
| P / S | 16.9x | 18.1x | 9.3x | - | 15.3x | 15.5x | 3.9x | - | 3.3x | 5.1x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.7% | -13.1% | -16.8% | - | -18.4% | 43.6% | 1.6% | - | 16.7% | -63.9% |
| Revenue CAGR (3y) | -2.5% | -23.3% | -36.9% | - | -15.8% | -14.9% | 15.9% | - | 1.8% | -28.8% |
| Revenue CAGR (5y) | -3.5% | -14.7% | -16.7% | - | - | - | - | - | -16.8% | -24.4% |
| Gross profit growth (YoY) | -70.7% | - | -8.0% | - | -24.0% | 470.2% | 281.1% | - | 284.0% | -94.9% |
| Operating income growth (YoY) | -118.9% | -17.9% | -8.4% | - | -18.1% | 18.5% | 35.7% | - | 32.6% | -75.2% |
| Net income growth (YoY) | -101.4% | -26.7% | -14.3% | - | -29.0% | - | 38.6% | - | 28.4% | - |
| EPS growth (YoY) | -66.7% | 0.0% | 0.0% | - | -20.0% | - | 45.5% | - | 37.5% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | -59.7% | - | - | - | 59.6% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -45.7% | -19.0% | -54.9% | -54.3% | -27.5% | -15.6% | -15.4% | -20.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$5.04M totalProduct Segment$4.66M · 92.5%
Contract Services Segment$376.1K · 7.5%
Product / service
$5.04M totalProduct$4.66M · 92.5%
Service$376.1K · 7.5%
Peer comparison
Same SIC group: Coating, Engraving & Allied Services
Comparing Nano Magic Inc. against the 3 most active filers in the same SIC group.