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MITQ Quote, Financials, Valuation and Earnings

Last price:
$0.64
Seasonality move :
-32.32%
Day range:
$0.61 - $0.68
52-week range:
$0.42 - $1.44
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.37x
P/B ratio:
1.18x
Volume:
20.4K
Avg. volume:
22.9K
1-year change:
-26.68%
Market cap:
$6.7M
Revenue:
$20.1M
EPS (TTM):
-$0.17
Period Ending 2020-06-30 2021-06-30 2022-06-30 2023-06-30 2024-06-30
Revenue $16.4M $7.2M $18.4M $20.2M $20.1M
Revenue Growth (YoY) -21.36% -55.72% 153.22% 10.11% -0.34%
 
Cost of Revenues $12M $5.6M $13.9M $14.9M $15.5M
Gross Profit $4.3M $1.7M $4.5M $5.3M $4.7M
Gross Profit Margin 26.48% 23.31% 24.31% 26.28% 23.25%
 
R&D Expenses $240K $152K $238K $261K $277K
Selling, General & Admin $4.7M $3.1M $6M $7M $6M
Other Inc / (Exp) -- $1.2M $457K $38K --
Operating Expenses $5M $3.3M $6.2M $7.3M $6.2M
Operating Income -$620K -$1.6M -$1.8M -$2M -$1.6M
 
Net Interest Expenses $263K $237K $40K -- --
EBT. Incl. Unusual Items -$883K -$645K -$1.3M -$1.8M -$1.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$883K -$645K -$1.3M -$1.8M -$1.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$883K -$645K -$1.3M -$1.8M -$1.4M
 
Basic EPS (Cont. Ops) -$0.11 -$0.07 -$0.13 -$0.16 -$0.13
Diluted EPS (Cont. Ops) -$0.11 -$0.07 -$0.13 -$0.16 -$0.13
Weighted Average Basic Share $5.7M $9.9M $10.6M $10.9M $10.5M
Weighted Average Diluted Share $5.7M $9.9M $10.6M $10.9M $10.5M
 
EBITDA -$406K -$181K -$1.2M -$1.6M -$1.2M
EBIT -$620K -$408K -$1.3M -$2M -$1.6M
 
Revenue (Reported) $16.4M $7.2M $18.4M $20.2M $20.1M
Operating Income (Reported) -$620K -$1.6M -$1.8M -$2M -$1.6M
Operating Income (Adjusted) -$620K -$408K -$1.3M -$2M -$1.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $1.8M $3.5M $5.9M $6.6M $5.3M
Revenue Growth (YoY) -71.43% 97.72% 68.45% 13.38% -20.84%
 
Cost of Revenues $1.3M $2.8M $4.3M $4.8M $3.9M
Gross Profit $453K $722K $1.6M $1.8M $1.4M
Gross Profit Margin 25.78% 20.78% 26.64% 27.42% 26.12%
 
R&D Expenses $27K $54K $66K $67K $61K
Selling, General & Admin $733K $1.2M $1.4M $1.4M $1.4M
Other Inc / (Exp) $20K -- -$163K -- --
Operating Expenses $760K $1.3M $1.5M $1.4M $1.4M
Operating Income -$307K -$539K $48K $384K -$68K
 
Net Interest Expenses $83K $38K -- -- --
EBT. Incl. Unusual Items -$370K -$577K -$95K $439K -$25K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$370K -$577K -$95K $439K -$25K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$370K -$577K -$95K $439K -$25K
 
Basic EPS (Cont. Ops) -$0.07 -$0.06 -$0.01 $0.04 -$0.00
Diluted EPS (Cont. Ops) -$0.07 -$0.06 -$0.01 $0.04 -$0.00
Weighted Average Basic Share $5.7M $10.3M $10.9M $10.7M $9.9M
Weighted Average Diluted Share $5.7M $10.3M $10.9M $10.7M $9.9M
 
EBITDA -$229K -$502K $69K $467K $9K
EBIT -$287K -$539K $48K $384K -$68K
 
Revenue (Reported) $1.8M $3.5M $5.9M $6.6M $5.3M
Operating Income (Reported) -$307K -$539K $48K $384K -$68K
Operating Income (Adjusted) -$287K -$539K $48K $384K -$68K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $12M $9M $20.7M $21M $18.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $8.7M $7M $15.4M $15.4M $14.5M
Gross Profit $3.2M $2M $5.3M $5.6M $4.2M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $195K $179K $250K $260K $271K
Selling, General & Admin $4.2M $3.6M $6.2M $7M $6M
Other Inc / (Exp) $20K $1.1M $294K $202K --
Operating Expenses $4.4M $3.8M $6.5M $7.2M $6.2M
Operating Income -$1.2M -$1.8M -$1.2M -$1.6M -$2M
 
Net Interest Expenses $326K $193K -- -- --
EBT. Incl. Unusual Items -$1.5M -$852K -$868K -$1.3M -$1.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.5M -$852K -$863K -$1.3M -$1.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$1.5M -$852K -$865K -$1.3M -$1.8M
 
Basic EPS (Cont. Ops) -$0.22 -$0.10 -$0.08 -$0.12 -$0.17
Diluted EPS (Cont. Ops) -$0.22 -$0.10 -$0.08 -$0.12 -$0.17
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$915K -$453K -$625K -$1.2M -$1.7M
EBIT -$1.1M -$659K -$721K -$1.6M -$2M
 
Revenue (Reported) $12M $9M $20.7M $21M $18.8M
Operating Income (Reported) -$1.2M -$1.8M -$1.2M -$1.6M -$2M
Operating Income (Adjusted) -$1.1M -$659K -$721K -$1.6M -$2M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $1.8M $3.5M $5.9M $6.6M $5.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.3M $2.8M $4.3M $4.8M $3.9M
Gross Profit $453K $722K $1.6M $1.8M $1.4M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $27K $54K $66K $67K $61K
Selling, General & Admin $733K $1.2M $1.4M $1.4M $1.4M
Other Inc / (Exp) $20K -- -$163K -- --
Operating Expenses $760K $1.3M $1.5M $1.4M $1.4M
Operating Income -$307K -$539K $48K $384K -$68K
 
Net Interest Expenses $83K $38K -- -- --
EBT. Incl. Unusual Items -$370K -$577K -$95K $439K -$25K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$370K -$577K -$95K $439K -$25K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$370K -$577K -$95K $439K -$25K
 
Basic EPS (Cont. Ops) -$0.07 -$0.06 -$0.01 $0.04 -$0.00
Diluted EPS (Cont. Ops) -$0.07 -$0.06 -$0.01 $0.04 -$0.00
Weighted Average Basic Share $5.7M $10.3M $10.9M $10.7M $9.9M
Weighted Average Diluted Share $5.7M $10.3M $10.9M $10.7M $9.9M
 
EBITDA -$229K -$502K $69K $467K $9K
EBIT -$287K -$539K $48K $384K -$68K
 
Revenue (Reported) $1.8M $3.5M $5.9M $6.6M $5.3M
Operating Income (Reported) -$307K -$539K $48K $384K -$68K
Operating Income (Adjusted) -$287K -$539K $48K $384K -$68K
Period Ending 2020-06-30 2021-06-30 2022-06-30 2023-06-30 2024-06-30
Cash and Equivalents $1.1M $1.3M $2.3M $6.6M $5.3M
Short Term Investments -- -- $4.4M -- --
Accounts Receivable, Net $809K $454K $1.8M $905K $1M
Inventory $1.6M $1.5M $4M $4.4M $3.1M
Prepaid Expenses $77K $95K -- -- --
Other Current Assets -- -- $864K $451K $470K
Total Current Assets $3.5M $3.4M $13.4M $12.4M $9.9M
 
Property Plant And Equipment $151K $21K $22K $443K $172K
Long-Term Investments -- -- $325K -- --
Goodwill $287K $287K $287K -- --
Other Intangibles $1M $935K $839K $480K $422K
Other Long-Term Assets $698K $1.1M $16K $16K $16K
Total Assets $5.7M $5.7M $14.9M $13.3M $10.5M
 
Accounts Payable $2.7M $1.9M $1.6M $1.5M $2.3M
Accrued Expenses $286K $135K $136K $411K $527K
Current Portion Of Long-Term Debt $519K $237K -- -- --
Current Portion Of Capital Lease Obligations -- -- -- $280K $151K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $4.5M $4.7M $5.4M $5.6M $4.8M
 
Long-Term Debt $2.1M $1.7M -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $6.7M $6.5M $5.4M $5.8M $4.8M
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -$969K -$729K $9.4M $7.6M $5.7M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$969K -$729K $9.4M $7.6M $5.7M
 
Total Liabilities and Equity $5.7M $5.7M $14.9M $13.3M $10.5M
Cash and Short Terms $1.1M $1.3M $6.7M $6.6M $5.3M
Total Debt $2.7M $2.5M -- -- --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $947K $11M $2.3M $6.4M $5.2M
Short Term Investments -- -- $4.2M -- --
Accounts Receivable, Net $598K $898K $1.8M $2M $1M
Inventory $1.6M $1.9M $4.9M $4.8M $2.6M
Prepaid Expenses $190K $642K $439K $248K --
Other Current Assets -- -- -- -- $312K
Total Current Assets $3.4M $14.5M $13.6M $13.5M $9.2M
 
Property Plant And Equipment $117K $8K $626K $375K $1.1M
Long-Term Investments -- -- $315K -- --
Goodwill $287K $287K $287K -- --
Other Intangibles $1M $911K $815K $466K $408K
Other Long-Term Assets $733K $16K $16K $16K $15K
Total Assets $5.5M $15.7M $15.7M $14.3M $10.7M
 
Accounts Payable $2.5M $1.8M $3.2M $2.9M $1.8M
Accrued Expenses $160K $174K $197K $518K $108K
Current Portion Of Long-Term Debt $1.2M $110K -- -- --
Current Portion Of Capital Lease Obligations -- -- $258K $288K $170K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $4.6M $5.1M $5.9M $6.2M $4.1M
 
Long-Term Debt $2.2M $588K -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $6.9M $5.7M $6.2M $6.3M $5M
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$1.4M $10M $9.5M $8M $5.7M
 
Total Liabilities and Equity $5.5M $15.7M $15.7M $14.3M $10.7M
Cash and Short Terms $947K $11M $6.5M $6.4M $5.2M
Total Debt $3.4M $698K -- -- --
Period Ending 2020-06-30 2021-06-30 2022-06-30 2023-06-30 2024-06-30
Net Income to Stockholders -$883K -$645K -$1.3M -$1.8M -$1.4M
Depreciation & Amoritzation $214K $227K $112K $349K $341K
Stock-Based Compensation -- -- $245K $146K $66K
Change in Accounts Receivable $1.5M $282K -$1.1M $868K -$394K
Change in Inventories $89K $60K -$2.5M -$535K $780K
Cash From Operations -$576K -$1.7M -$3.4M $269K -$796K
 
Capital Expenditures $2K $2K $20K $15K $12K
Cash Acquisitions $128K -- -- -- --
Cash From Investing $126K $548K -$5M $4.3M -$12K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $694K $698K -- -- --
Long-Term Debt Repaid -$418K -$122K -$1.8M -- --
Repurchase of Common Stock -- -- -- -$304K -$530K
Other Financing Activities -- -- -- -- --
Cash From Financing $926K $1.4M $9.4M -$304K -$530K
 
Beginning Cash (CF) $582K $1.1M $1.3M $2.3M $6.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $476K $211K $1.1M $4.3M -$1.3M
Ending Cash (CF) $1.1M $1.3M $2.3M $6.6M $5.3M
 
Levered Free Cash Flow -$578K -$1.7M -$3.4M $254K -$808K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$370K -$577K -$95K $439K -$25K
Depreciation & Amoritzation $58K $37K $21K $83K $77K
Stock-Based Compensation -- $56K -- $5K $5K
Change in Accounts Receivable $171K -$354K $9K -$1.1M $10K
Change in Inventories -$25K -$377K -$887K -$413K $421K
Cash From Operations -$849K -$769K -$20K -$207K -$32K
 
Capital Expenditures -- -- $2K $1K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$26K -$1K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $14K -- -- -- --
Long-Term Debt Repaid -$60K -$1.8M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $738K $10.5M -- -- --
 
Beginning Cash (CF) $1.1M $1.3M $2.3M $6.6M $5.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$111K $9.8M -$46K -$208K -$32K
Ending Cash (CF) $948K $11M $2.3M $6.4M $5.2M
 
Levered Free Cash Flow -$849K -$769K -$22K -$208K -$32K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$1.5M -$852K -$863K -$1.3M -$1.8M
Depreciation & Amoritzation $232K $206K $96K $411K $335K
Stock-Based Compensation -- $56K $189K $151K $66K
Change in Accounts Receivable $1M -$243K -$727K -$279K $754K
Change in Inventories $354K -$292K -$3M -$61K $1.6M
Cash From Operations -$1.5M -$1.6M -$2.6M $82K -$621K
 
Capital Expenditures $2K -- $22K $14K $11K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- $548K -$5M $4.3M -$11K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $708K -- -- -- --
Long-Term Debt Repaid -$461K -$1.9M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $1.7M $11.2M -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $212K $10.1M -$8.7M $4.1M -$1.2M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$1.5M -$1.6M -$2.7M $68K -$621K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$370K -$577K -$95K $439K -$25K
Depreciation & Amoritzation $58K $37K $21K $83K $77K
Stock-Based Compensation -- $56K -- $5K $5K
Change in Accounts Receivable $171K -$354K $9K -$1.1M $10K
Change in Inventories -$25K -$377K -$887K -$413K $421K
Cash From Operations -$849K -$769K -$20K -$207K -$32K
 
Capital Expenditures -- -- $2K $1K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$26K -$1K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $14K -- -- -- --
Long-Term Debt Repaid -$60K -$1.8M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $738K $10.5M -- -- --
 
Beginning Cash (CF) $1.1M $1.3M $2.3M $6.6M $5.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$111K $9.8M -$46K -$208K -$32K
Ending Cash (CF) $948K $11M $2.3M $6.4M $5.2M
 
Levered Free Cash Flow -$849K -$769K -$22K -$208K -$32K

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