Aqua Metals, Inc.
Profit History
| Fiscal Year | Revenue | Operating Income | Net Income |
|---|---|---|---|
| FY2015 | — | $-5.5M | $-12.3M |
| FY2016 | $0 | $-13.0M | $-13.6M |
| FY2017 | $2.1M | $-24.9M | $-26.6M |
| FY2018 | $4.4M | $-37.0M | $-40.3M |
| FY2019 | $4.9M | $-40.8M | $-44.8M |
| FY2020 | $108.0K | $-15.4M | $-25.8M |
| FY2021 | $173.0K | $-17.5M | $-18.2M |
| FY2022 | $4.0K | $-15.6M | $-15.4M |
| FY2023 | $25.0K | $-24.5M | $-23.9M |
| FY2024 | $0 | $-23.8M | $-24.6M |
| FY2025 | — | $-23.3M | $-22.6M |
Mimicking the herd invites regression to the mean (merely average performance).