OLIT · Omnilit Acquisition Corp. - 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 | $6.51M | - | $6.95M | $6.56M | $7.07M | - | $7.87M | $7.69M | $6.26M | - |
| Cost of Revenue | $5.55M | - | $6.10M | $4.96M | $4.76M | - | $6.03M | $4.83M | $5.55M | - |
| Gross Profit | $960.8K | - | $854.4K | $1.60M | $2.31M | - | $1.84M | $2.17M | $707.4K | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.74M | - | $2.07M | $1.74M | $1.78M | - | $1.73M | $2.02M | $2.11M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $539.7K | - | $646.5K | $676.6K | $710.8K | - | $692.0K | $675.2K | $695.8K | - |
| Operating Income | ($776.0K) | - | ($1.22M) | ($146.3K) | $528.5K | - | $106.2K | $158.5K | ($1.41M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | $9.6K | - | ($78.0K) | $29.1K | ($338.5K) | - |
| Net Income | ($897.9K) | - | ($1.43M) | ($343.9K) | $323.7K | - | ($13.3K) | $281.8K | ($1.21M) | - |
| EPS - Basic | ($0.02) | - | ($0.04) | ($0.01) | $0.01 | - | $0.01 | $0.01 | ($0.03) | - |
| EPS - Diluted | ($0.02) | - | ($0.04) | ($0.01) | $0.01 | - | $0.00 | $0.02 | ($0.03) | - |
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 | $617.0K | $358.9K | $577.9K | $287.1K | $540.9K | $598.8K | $476.8K | $830.5K | $1.68M | $2.16M |
| Accounts Receivable | - | $3.70M | - | - | - | $3.20M | - | - | - | $4.51M |
| Inventory | $7.80M | $7.88M | $7.92M | $7.99M | $7.60M | $6.95M | $7.56M | $7.50M | $6.47M | $5.83M |
| Accounts Payable | $2.43M | $2.69M | $2.36M | $1.85M | $2.66M | $2.71M | $2.49M | $2.57M | $2.39M | $3.04M |
| Current Assets | $14.36M | $15.14M | $14.57M | $14.64M | $15.02M | $13.90M | $14.20M | $14.57M | $13.65M | $15.15M |
| Total Assets | $23.50M | $24.31M | $24.58M | $25.30M | $26.30M | $26.01M | $27.31M | $25.77M | $24.62M | $26.55M |
| Current Liabilities | $11.22M | $11.23M | $11.96M | $10.30M | $10.77M | $10.57M | $10.60M | $10.82M | $9.81M | $11.38M |
| Long-term Debt | $2.25M | $2.13M | $1.29M | $2.37M | $2.50M | $2.61M | $2.70M | $2.81M | $2.95M | $2.02M |
| Total Liabilities | $14.78M | $14.77M | $14.77M | $14.28M | $14.94M | $14.97M | $15.19M | $13.64M | $12.77M | $13.48M |
| Stockholders' Equity | $8.72M | $9.54M | $9.81M | $11.01M | $11.36M | $11.03M | $12.12M | $12.14M | $11.85M | $13.06M |
| Retained Earnings | $5.96M | $6.86M | $7.20M | $8.63M | $8.98M | $8.65M | $10.19M | $10.21M | $9.92M | $11.13M |
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 | $469.6K | - | - | - | $299.3K | - | - | - | ($289.8K) | - |
| Investing Cash Flow | ($294.3K) | - | - | - | ($214.7K) | - | - | - | ($95.2K) | - |
| Financing Cash Flow | $82.9K | - | - | - | ($142.4K) | - | - | - | ($88.9K) | - |
| CapEx | $294.3K | - | - | - | $214.7K | - | - | - | $95.2K | - |
| Free Cash Flow | $175.3K | - | - | - | $84.6K | - | - | - | ($385.1K) | - |
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 | 14.8% | - | 12.3% | 24.4% | 32.7% | - | 23.4% | 28.3% | 11.3% | - |
| Operating margin | -11.9% | - | -17.5% | -2.2% | 7.5% | - | 1.4% | 2.1% | -22.5% | - |
| EBITDA margin | -3.6% | - | -8.2% | 8.1% | 17.5% | - | 10.1% | 10.8% | -11.4% | - |
| Net margin | -13.8% | - | -20.6% | -5.2% | 4.6% | - | -0.2% | 3.7% | -19.3% | - |
| Free cash flow margin | 2.7% | - | - | - | 1.2% | - | - | - | -6.2% | - |
| FCF / Net income | -0.20 | - | - | - | 0.26 | - | - | - | 0.32 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 26.7% | - | 29.8% | 26.6% | 25.2% | - | 22.0% | 26.2% | 33.8% | - |
| Effective tax rate | - | - | - | - | 2.9% | - | - | 9.4% | - | - |
| Return on assets | -3.8% | - | -5.8% | -1.4% | 1.2% | - | -0.0% | 1.1% | -4.9% | - |
| Return on equity | -10.3% | - | -14.6% | -3.1% | 2.8% | - | -0.1% | 2.3% | -10.2% | - |
| Return on invested capital | - | - | - | - | 3.7% | - | 0.6% | 1.0% | -7.5% | - |
| Liquidity | ||||||||||
| Current ratio | 1.28 | 1.35 | 1.22 | 1.42 | 1.40 | 1.31 | 1.34 | 1.35 | 1.39 | 1.33 |
| Quick ratio | 0.59 | 0.65 | 0.56 | 0.65 | 0.69 | 0.66 | 0.63 | 0.65 | 0.73 | 0.82 |
| Cash ratio | 0.06 | 0.03 | 0.05 | 0.03 | 0.05 | 0.06 | 0.04 | 0.08 | 0.17 | 0.19 |
| Leverage | ||||||||||
| Debt / Equity | 0.26 | 0.22 | 0.13 | 0.22 | 0.22 | 0.24 | 0.22 | 0.23 | 0.25 | 0.16 |
| Debt / Assets | 0.10 | 0.09 | 0.05 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.12 | 0.08 |
| Debt / EBITDA | - | - | - | 4.47 | 2.01 | - | 3.38 | 3.37 | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.70 | 2.55 | 2.51 | 2.30 | 2.32 | 2.36 | 2.25 | 2.12 | 2.08 | 2.03 |
| Liabilities / Assets | 0.63 | 0.61 | 0.60 | 0.56 | 0.57 | 0.58 | 0.56 | 0.53 | 0.52 | 0.51 |
| Efficiency | ||||||||||
| Asset turnover | 0.28 | - | 0.28 | 0.26 | 0.27 | - | 0.29 | 0.30 | 0.25 | - |
| Inventory turnover | 0.71 | - | 0.77 | 0.62 | 0.63 | - | 0.80 | 0.64 | 0.86 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 513d | - | 474d | 588d | 582d | - | 457d | 567d | 426d | - |
| Days payable outstanding | 160d | - | 141d | 136d | 204d | - | 151d | 195d | 157d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -7.9% | - | -11.6% | -14.7% | 13.0% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -58.4% | - | -53.7% | -26.5% | 226.3% | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | -338.0% | - |
| Net income growth (YoY) | - | - | -10654.3% | - | - | - | -9.8% | - | -468.6% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 107.3% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -23.2% | -13.5% | -19.1% | -9.2% | -4.2% | -15.5% | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$28.08M totalProducts$27.44M · 97.7%
Non Recurring Engineering$343.2K · 1.2%
Custom Tooling$303.6K · 1.1%
Geographic
$5.60M totalGB$5.60M · 100.0%
Peer comparison
Same SIC group: Optical Instruments & Lenses
Comparing OmniLit Acquisition Corp. against the 5 most active filers in the same SIC group.