Financhill
Buy
54

MITQ Quote, Financials, Valuation and Earnings

Last price:
$0.60
Seasonality move :
6.57%
Day range:
$0.57 - $0.63
52-week range:
$0.43 - $1.55
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.31x
P/B ratio:
1.12x
Volume:
134.6K
Avg. volume:
183.6K
1-year change:
9.26%
Market cap:
$5.8M
Revenue:
$20.1M
EPS (TTM):
-$0.15
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 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $1.6M $3.4M $4.8M $3.3M $3.4M
Revenue Growth (YoY) -64.96% 112.49% 41.65% -32.58% 5.39%
 
Cost of Revenues $1.2M $2.5M $3.5M $2.5M $2.5M
Gross Profit $421K $896K $1.3M $759K $936K
Gross Profit Margin 26.17% 26.21% 27.09% 23.25% 27.2%
 
R&D Expenses $34K $65K $61K $72K $47K
Selling, General & Admin $743K $1.5M $1.4M $1.5M $1.5M
Other Inc / (Exp) $254K -- $159K -- --
Operating Expenses $777K $1.5M $1.5M $1.6M $1.5M
Operating Income -$356K -$642K -$138K -$830K -$561K
 
Net Interest Expenses $55K $2K -- -- --
EBT. Incl. Unusual Items -$157K -$644K $46K -$794K -$527K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$157K -$644K $46K -$794K -$527K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$157K -$644K $46K -$794K -$527K
 
Basic EPS (Cont. Ops) -$0.03 -$0.06 $0.00 -$0.07 -$0.05
Diluted EPS (Cont. Ops) -$0.03 -$0.06 $0.00 -$0.07 -$0.05
Weighted Average Basic Share $5.7M $10.6M $11M $10.7M $9.9M
Weighted Average Diluted Share $5.7M $10.6M $11M $10.7M $9.9M
 
EBITDA -$46K -$618K -$112K -$746K -$469K
EBIT -$102K -$642K -$138K -$830K -$561K
 
Revenue (Reported) $1.6M $3.4M $4.8M $3.3M $3.4M
Operating Income (Reported) -$356K -$642K -$138K -$830K -$561K
Operating Income (Adjusted) -$102K -$642K -$138K -$830K -$561K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $9M $10.8M $22.2M $19.4M $18.9M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $6.6M $8.3M $16.4M $14.4M $14.5M
Gross Profit $2.4M $2.4M $5.7M $5M $4.4M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $160K $210K $246K $271K $246K
Selling, General & Admin $3.7M $4.3M $6.1M $7.1M $5.9M
Other Inc / (Exp) $274K $879K $453K $43K --
Operating Expenses $3.8M $4.5M $6.4M $7.4M $6.2M
Operating Income -$1.4M -$2.1M -$673K -$2.3M -$1.7M
 
Net Interest Expenses $306K $140K -- -- --
EBT. Incl. Unusual Items -$1.4M -$1.3M -$178K -$2.1M -$1.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.4M -$1.3M -$173K -$2.1M -$1.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$1.4M -$1.3M -$175K -$2.1M -$1.6M
 
Basic EPS (Cont. Ops) -$0.21 -$0.13 -$0.02 -$0.19 -$0.15
Diluted EPS (Cont. Ops) -$0.21 -$0.13 -$0.02 -$0.19 -$0.15
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$913K -$1M -$119K -$1.9M -$1.4M
EBIT -$1.1M -$1.2M -$217K -$2.3M -$1.7M
 
Revenue (Reported) $9M $10.8M $22.2M $19.4M $18.9M
Operating Income (Reported) -$1.4M -$2.1M -$673K -$2.3M -$1.7M
Operating Income (Adjusted) -$1.1M -$1.2M -$217K -$2.3M -$1.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $3.4M $6.9M $10.7M $9.9M $8.7M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $2.5M $5.3M $7.8M $7.3M $6.4M
Gross Profit $874K $1.6M $2.9M $2.6M $2.3M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $61K $119K $127K $139K $108K
Selling, General & Admin $1.5M $2.7M $2.8M $2.9M $2.8M
Other Inc / (Exp) $274K -- -$4K -- --
Operating Expenses $1.5M $2.8M $3M $3M $2.9M
Operating Income -$663K -$1.2M -$90K -$446K -$629K
 
Net Interest Expenses $138K $40K -- -- --
EBT. Incl. Unusual Items -$527K -$1.2M -$49K -$355K -$552K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$527K -$1.2M -$49K -$355K -$552K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$527K -$1.2M -$49K -$355K -$552K
 
Basic EPS (Cont. Ops) -$0.09 -$0.12 -$0.01 -$0.03 -$0.05
Diluted EPS (Cont. Ops) -$0.09 -$0.12 -$0.01 -$0.03 -$0.05
Weighted Average Basic Share $11.3M $20.9M $21.9M $21.3M $19.8M
Weighted Average Diluted Share $11.3M $20.9M $21.9M $21.3M $19.8M
 
EBITDA -$275K -$1.1M -$43K -$279K -$460K
EBIT -$389K -$1.2M -$90K -$446K -$629K
 
Revenue (Reported) $3.4M $6.9M $10.7M $9.9M $8.7M
Operating Income (Reported) -$663K -$1.2M -$90K -$446K -$629K
Operating Income (Adjusted) -$389K -$1.2M -$90K -$446K -$629K
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 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $390K $9M $1.6M $5.1M $5.3M
Short Term Investments -- -- $4.4M -- --
Accounts Receivable, Net $549K $658K $1.4M $1.1M $749K
Inventory $1.4M $3.5M $4.7M $4.5M $2.1M
Prepaid Expenses $90K $751K $267K -- --
Other Current Assets -- -- -- $954K $202K
Total Current Assets $2.4M $13.9M $12.4M $11.7M $8.4M
 
Property Plant And Equipment $84K $9K $566K $317K $1.2M
Long-Term Investments -- -- $319K -- --
Goodwill $287K $287K $287K -- --
Other Intangibles $983K $887K $791K $452K $393K
Other Long-Term Assets $774K $16K $16K $15K $23K
Total Assets $4.6M $15.1M $14.4M $12.5M $10M
 
Accounts Payable $2.4M $1.2M $1.6M $1.2M $1.6M
Accrued Expenses $160K $126K $222K $482K $93K
Current Portion Of Long-Term Debt $1.2M $147K -- -- --
Current Portion Of Capital Lease Obligations -- -- $265K $296K $206K
Other Current Liabilities $40K -- -- -- --
Total Current Liabilities $4.1M $5.1M $4.6M $5.3M $3.8M
 
Long-Term Debt $2.2M $551K -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $6.3M $5.6M $4.9M $5.3M $4.8M
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$1.8M $9.4M $9.5M $7.1M $5.2M
 
Total Liabilities and Equity $4.6M $15.1M $14.4M $12.5M $10M
Cash and Short Terms $390K $9M $6M $5.1M $5.3M
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 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$157K -$644K $46K -$794K -$527K
Depreciation & Amoritzation $56K $24K $26K $84K $92K
Stock-Based Compensation -- $62K -- $5K $32K
Change in Accounts Receivable -$25K $190K $351K $901K $270K
Change in Inventories $222K -$1.6M $193K -$11K $412K
Cash From Operations -$510K -$2.1M -$685K -$1.2M $70K
 
Capital Expenditures -- $2K $2K $11K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$2K -$34K -$11K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -$14K -- -- -- --
Long-Term Debt Repaid -$33K -- -- -- --
Repurchase of Common Stock -- -- -- -$101K --
Other Financing Activities -- -- -- -- --
Cash From Financing -$47K -- -- -$101K --
 
Beginning Cash (CF) $948K $11M $2.3M $6.4M $5.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$557K -$2.1M -$719K -$1.3M $70K
Ending Cash (CF) $391K $9M $1.6M $5.1M $5.3M
 
Levered Free Cash Flow -$510K -$2.1M -$687K -$1.2M $70K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$1.4M -$1.3M -$173K -$2.1M -$1.6M
Depreciation & Amoritzation $228K $174K $98K $469K $343K
Stock-Based Compensation -- $118K $127K $156K $93K
Change in Accounts Receivable $639K -$28K -$566K $271K $123K
Change in Inventories $537K -$2.1M -$1.2M -$265K $2M
Cash From Operations -$1.6M -$3.2M -$1.2M -$390K $606K
 
Capital Expenditures $2K $2K $22K $23K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- $546K -$5M $4.4M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -$206K -- -- -- --
Long-Term Debt Repaid -$90K -$1.9M -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $1.1M $11.2M -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$434K $8.6M -$7.4M $3.6M $177K
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$1.6M -$3.2M -$1.3M -$413K $606K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$527K -$1.2M -$49K -$355K -$552K
Depreciation & Amoritzation $114K $61K $47K $167K $169K
Stock-Based Compensation -- $118K -- $10K $37K
Change in Accounts Receivable $146K -$164K $360K -$237K $280K
Change in Inventories $197K -$2M -$694K -$424K $833K
Cash From Operations -$1.4M -$2.8M -$705K -$1.4M $38K
 
Capital Expenditures -- $2K $4K $12K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$2K -$60K -$12K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$93K -$1.8M -- -- --
Repurchase of Common Stock -- -- -- -$101K --
Other Financing Activities -- -- -- -- --
Cash From Financing $691K $10.5M -- -$101K --
 
Beginning Cash (CF) $2M $12.3M $4.6M $13M $10.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$668K $7.7M -$765K -$1.5M $38K
Ending Cash (CF) $1.3M $20M $3.9M $11.5M $10.6M
 
Levered Free Cash Flow -$1.4M -$2.8M -$709K -$1.4M $38K

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