ONAR Holding Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2M | $2.0M | $2.8M | $4.6M | $2.8M | $2.1M | $1.8M | $1.5M |
| Cost of Revenue | $3.0M | $2.0M | $2.9M | $3.3M | $2.2M | $1.5M | $1.2M | $1.0M |
| Gross Profit | $147.7K | $-69.8K | $-126.5K | $1.3M | $637.2K | $655.6K | $597.1K | $499.9K |
| Gross Margin | 4.6% | -3.6% | -4.5% | 28.0% | 22.8% | 30.8% | 32.8% | 33.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $7.4M | $1.3M | $886.8K | $941.0K | $1.1M | $960.3K | $484.2K | $411.0K |
| Operating Income | $-7.5M | $-1.9M | $-1.6M | $351.2K | $-485.7K | $-304.7K | $112.9K | $88.9K |
| Operating Margin | -236.1% | -97.4% | -56.1% | 7.6% | -17.4% | -14.3% | 6.2% | 5.9% |
| Interest Expense | — | $436.9K | $88.0K | $3.5K | — | — | $388 | $712 |
| Pretax Income | — | — | $35.1K | $348.5K | $-435.2K | $-306.6K | $112.6K | $88.3K |
| Income Tax Expense | $0 | $0 | $0 | $14.6K | $0 | $562 | $9.6K | — |
| Net Income | $-9.3M | $-3.1M | $-1.7M | $333.9K | $-435.2K | $-306.1K | $103.0K | $88.3K |
| Net Margin | -291.8% | -157.8% | -62.2% | 7.2% | -15.6% | -14.4% | 5.7% | 5.9% |
| EPS (Basic) | — | — | — | — | $-0.01 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.08 | $-0.15 | $-0.02 | — | $-0.01 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | — | — | — | 98.3M | 98.3M | 88.7M | 87.5M | 87.5M |
| Shares Outstanding (Diluted) | 122.6M | 20.2M | 99.5M | 98.3M | 98.3M | 88.7M | 87.5M | 87.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |