OMTK · Omnitek Engineering 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.45M | $1.02M | $1.06M | $1.07M | $1.10M | $876.0K |
| Cost of Revenue | $897.4K | $561.9K | $644.7K | $649.4K | $573.7K | $519.5K |
| Gross Profit | $552.5K | $457.9K | $410.7K | $421.4K | $475.8K | $287.1K |
| R&D | $68.4K | $70.3K | $67.6K | $66.4K | $63.8K | $82.1K |
| SG&A | $566.2K | $532.7K | $537.5K | $526.8K | $600.2K | $671.7K |
| Total Operating Expenses | $638.4K | $606.4K | $606.8K | $595.8K | $665.3K | $754.3K |
| D&A | $3.9K | $3.3K | $1.7K | $2.5K | $1.3K | $543 |
| Operating Income | ($85.9K) | ($148.5K) | ($196.1K) | ($174.4K) | ($189.5K) | ($467.2K) |
| Interest Expense | $30.5K | $20.6K | $23.3K | $21.5K | $24.7K | $19.9K |
| Income Tax | $800 | $800 | $800 | $800 | $800 | $800 |
| Net Income | $273.6K | ($167.1K) | ($215.4K) | ($196.7K) | $17.4K | ($489.7K) |
| EPS - Basic | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $14.1K | $104.4K | $73.7K | $60.7K | $59.7K | $60.7K |
| Accounts Receivable | $4.1K | $11.1K | $12.2K | $10.2K | $9.6K | $9.5K |
| Inventory | $296.1K | $267.6K | $370.8K | $543.4K | $717.0K | $821.9K |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | $664.0K | $881.8K | $482.5K | $619.8K | $803.7K | $961.2K |
| Total Assets | $754.4K | $1.12M | $847.2K | $1.11M | $1.43M | $976.8K |
| Current Liabilities | $1.62M | $2.18M | $1.58M | $1.51M | $1.52M | $1.62M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $1.82M | $2.46M | $2.03M | $2.10M | $2.23M | $1.85M |
| Stockholders' Equity | ($1.07M) | ($1.35M) | ($1.19M) | ($986.1K) | ($807.7K) | ($874.1K) |
| Retained Earnings | ($21.75M) | ($22.03M) | ($21.86M) | ($21.64M) | ($21.45M) | ($21.47M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($244.3K) | $30.1K | $17.2K | $9.2K | ($130.1K) | ($247.5K) |
| Investing Cash Flow | $0 | ($6.3K) | $0 | ($1.4K) | ($14.5K) | $0 |
| Financing Cash Flow | $154.0K | $7.0K | $113 | ($11.1K) | $143.6K | $288.0K |
| CapEx | - | - | - | $1.4K | $0 | - |
| Free Cash Flow | - | - | - | $7.8K | ($130.1K) | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 38.1% | 44.9% | 38.9% | 39.4% | 43.4% | 32.8% |
| Operating margin | -5.9% | -14.6% | -18.6% | -16.3% | -17.3% | -53.3% |
| EBITDA margin | -5.7% | -14.2% | -18.4% | -16.1% | -17.1% | -53.3% |
| Net margin | 18.9% | -16.4% | -20.4% | -18.4% | 1.6% | -55.9% |
| Free cash flow margin | - | - | - | 0.7% | -11.9% | - |
| FCF / Net income | - | - | - | -0.04 | -7.48 | - |
| R&D / Revenue | 4.7% | 6.9% | 6.4% | 6.2% | 5.8% | 9.4% |
| SG&A / Revenue | 39.0% | 52.2% | 50.9% | 49.2% | 54.7% | 76.7% |
| Effective tax rate | 0.3% | - | - | - | 4.4% | - |
| Return on assets | 36.3% | -15.0% | -25.4% | -17.7% | 1.2% | -50.1% |
| Return on equity | -25.6% | 12.4% | 18.2% | 19.9% | -2.2% | 56.0% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.41 | 0.40 | 0.31 | 0.41 | 0.53 | 0.59 |
| Quick ratio | 0.23 | 0.28 | 0.07 | 0.05 | 0.06 | 0.09 |
| Cash ratio | 0.01 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -2.8x | -7.2x | -8.4x | -8.1x | -7.7x | -23.5x |
| Equity multiplier | -0.71 | -0.83 | -0.71 | -1.13 | -1.76 | -1.12 |
| Liabilities / Assets | 2.42 | 2.21 | 2.40 | 1.89 | 1.57 | 1.89 |
| Efficiency | ||||||
| Asset turnover | 1.92 | 0.91 | 1.25 | 0.96 | 0.77 | 0.90 |
| Inventory turnover | 3.03 | 2.10 | 1.74 | 1.20 | 0.80 | 0.63 |
| Days sales outstanding | 1d | 4d | 4d | 3d | 3d | 4d |
| Days inventory outstanding | 120d | 174d | 210d | 305d | 456d | 577d |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 42.2% | -3.4% | -1.4% | -2.4% | 25.3% | -9.2% |
| Revenue CAGR (3y) | 10.6% | -2.4% | 6.4% | 3.5% | -5.1% | -6.6% |
| Revenue CAGR (5y) | 10.6% | 1.1% | -3.9% | -0.1% | -3.5% | -12.8% |
| Gross profit growth (YoY) | 20.7% | 11.5% | -2.5% | -11.4% | 65.8% | 71.4% |
| Operating income growth (YoY) | 42.2% | 24.3% | -12.5% | 8.0% | 59.4% | 33.2% |
| Net income growth (YoY) | - | 22.4% | -9.5% | - | - | 32.0% |
| EPS growth (YoY) | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 20.6% | -13.6% | -20.2% | -22.1% | 7.6% | -102.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$1.45M totalComponents$737.8K · 50.9%
Filters$712.1K · 49.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-24.02
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- -No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Motor Vehicle Parts & Accessories
Comparing Omnitek Engineering Corp against the 5 most active filers in the same SIC group.