DCM NYSE Wholesale-Electronic Parts & Equipment, Nec Financials FY2017βFY2026
DeFi Capital Markets, Inc. had $4.8M of revenue in fiscal 2026, down 79.4% on the year before. Over five years, revenue changed β22.7% a year on average.
Last close Β· Oct 23, 2026
$3.74
2.9%Hi! I read DeFi Capital Markets, Inc.βs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
β79.4%
No. Sales fell 79.4% last year.
Does it make a profit?
β51.3%
No. It lost money last year.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days DeFi Capital Markets, Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 18, 2026
Wednesday Β· in 24 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 14, 2026 | Q1 '27 | After the market closes | 10-Q β |
| Jul 2, 2026 | Q4 '26 | After the market closes | 10-K β |
| Feb 19, 2026 | Q3 '26 | After the market closes | 10-Q β |
| Nov 19, 2025 | Q2 '26 | After the market closes | 10-Q β |
| Aug 19, 2025 | Q1 '26 | During market hours | 10-Q β |
| Jul 29, 2025 | Q4 '25 | Time not announced | 10-K β |
| Feb 14, 2025 | Q3 '25 | Time not announced | 8-K β |
| Nov 19, 2024 | Q2 '25 | During market hours | 10-Q β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· DeFi Capital Markets, Inc. had $4.8M of revenue in fiscal 2026, down 79.4% on the year before. Over five years, revenue changed β22.7% a year on average. Its operating margin was β96.0%, down 97.7Β pts: of every 100 in sales, about β96 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· DeFi Capital Markets, Inc. lost $2.5M in fiscal 2026.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
KIRA Β· DeFi Capital Markets, Inc. returned $2.3M to shareholders in fiscal 2026. The diluted share count rose 3.7%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably DeFi Capital Markets, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $0.4M | $0.2M | $0.1M | $0.3M | $3.5M |
| Debt incl. finance leases | $0.1M | β | β | β | β |
| Net debt / EBITDA | β4.4x | β | β | β | β |
| Debt / equity | 0.0x | β | β | β | β |
| Interest coverage | 0.5x | 4.1x | β3.6x | 1.5x | β13.5x |
| Current ratio | 1.7x | 2.8x | 2.2x | 2.1x | 3.6x |
| Quick ratio | 0.7x | 1.4x | 0.9x | 1.5x | 3.6x |
| Total assets | $11.5M | $8.4M | $8.3M | $9.8M | $4.5M |
| Total liabilities | $6.9M | $3.0M | $3.7M | $4.7M | $1.3M |
| Shareholders' equity | $4.6M | $5.4M | $4.7M | $5.2M | $3.2M |
| Net debt (β = net cash) | β$0.3M | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· DeFi Capital Markets, Inc. passes 3 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 6 / 8 | 5 / 8 | 5 / 8 | 8 / 8 | 1 / 8 | 7 / 8 | 4 / 8 | 5 / 8 | 3 / 8 |
| Accruals ratio | 0.5% | 9.3% | 7.1% | β43.0% | β14.3% | 18.7% | β7.7% | β15.5% | 17.1% | β42.2% |
| Altman Z'' | 4.68 | 2.61 | 1.85 | 0.65 | 3.21 | 0.94 | 3.74 | 1.18 | 2.32 | β8.63 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $14.1M | $14.9M | $17.6M | $14.8M | $17.5M | $19.5M | $22.2M | $19.5M | $23.6M | $4.8M |
| Provision for credit losses | β | β | β | β | β | β | β | $0.4M | β$0.1M | $0.3M |
| Gross profit | $4.1M | $4.5M | $5.6M | $3.8M | $5.6M | $6.0M | $6.3M | $5.6M | $6.8M | $0.8M |
| Research and development | $0.7M | $0.7M | $0.5M | $0.7M | $0.5M | $0.4M | $0.4M | β | β | β |
| Operating income | β$1.0M | β$0.7M | $0.2M | β$1.6M | $0.1M | $0.1M | $1.0M | β$0.6M | $0.4M | β$4.7M |
| Interest expense | β | $0.2M | $0.5M | $0.4M | $0.1M | $0.1M | $0.2M | $0.2M | $0.3M | $0.3M |
| Pretax income | β$2.1M | β$2.3M | β$1.3M | β$5.8M | $0.3M | β$0.1M | $0.7M | β$0.7M | $0.1M | β$2.1M |
| Income tax | $0.0M | $0.0M | $0.0M | β | $0.0M | $0.0M | $0.0M | $0.0M | β$0.4M | $0.4M |
| Net income | β$2.1M | $2.3M | $1.3M | β$5.8M | $0.3M | β$0.1M | $0.7M | β$0.7M | $0.5M | β$2.5M |
| Diluted EPS | β$0.89 | β$0.98 | β$0.58 | β$2.51 | $0.12 | β$0.03 | $0.31 | β$0.30 | $0.22 | β$1.04 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | β$2.2M | $0.5M | $0.0M | $0.0M | $1.4M | β$1.9M | $1.5M | $0.6M | β$1.0M | $0.5M |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | β |
| Stock-based compensation | β | β | β | β | β | β | β | β | β | $0.9M |
| Dividends paid | β | β | β | β | β | β | β | β | β | $2.3M |
| Dividends and buybacks | β | β | β | β | β | β | β | β | β | $2.3M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.1M | $0.4M | $0.4M | $0.1M | $0.2M | $0.4M | $0.2M | $0.1M | $0.3M | $3.5M |
| Total debt | β | β | β | β | β | $0.1M | β | β | β | β |
| Current assets | $7.7M | $8.8M | $10.4M | $7.8M | $7.3M | $11.0M | $8.0M | $8.1M | $9.8M | $4.5M |
| Current liabilities | $4.2M | $6.2M | $8.0M | $2.7M | $1.7M | $6.5M | $2.9M | $3.7M | $4.7M | $1.3M |
| Inventory | $4.7M | $5.5M | $6.9M | $5.1M | $4.2M | $6.2M | $4.1M | $4.8M | $3.0M | β |
| Property and equipment, net | $0.0M | $0.0M | $0.0M | $0.3M | $0.2M | $0.5M | $0.3M | $0.2M | β | β |
| Intangible assets | $0.1M | $0.1M | $0.1M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | β | β |
| Total assets | $18.4M | $18.9M | $18.9M | $8.2M | $7.5M | $11.5M | $8.4M | $8.3M | $9.8M | $4.5M |
| Total liabilities | $4.2M | $6.2M | $8.0M | $3.7M | $2.8M | $6.9M | $3.0M | $3.7M | $4.7M | $1.3M |
| Shareholders' equity | $14.2M | $12.8M | $10.9M | $4.4M | $4.7M | $4.6M | $5.4M | $4.7M | $5.2M | $3.2M |
| Margins | ||||||||||
| Gross margin | 29.5% | 30.6% | 31.6% | 25.4% | 32.2% | 30.9% | 28.6% | 28.7% | 29.0% | 16.6% |
| Operating margin | β6.9% | β4.9% | 1.1% | β10.6% | 0.8% | 0.4% | 4.4% | β2.9% | 1.7% | β96.0% |
| EBITDA margin | β6.7% | β4.7% | 1.2% | β10.5% | 0.8% | 0.4% | 4.4% | β2.9% | 1.7% | β |
| Net margin | β14.6% | 15.2% | 7.7% | β39.3% | 1.5% | β0.4% | 3.2% | β3.6% | 2.1% | β51.3% |
| Returns | ||||||||||
| Return on capital | β | β | β | β | β | 1.3% | β | β | β | β |
| Return on capital employed | β6.9% | β5.7% | 1.7% | β28.6% | 2.3% | 1.4% | 17.6% | β12.1% | 7.8% | β143.8% |
| Return on equity | β14.5% | 16.8% | 11.4% | β75.9% | 5.9% | β1.7% | 14.4% | β13.9% | 10.2% | β59.2% |
| Return on assets | β11.2% | 12.1% | 7.1% | β42.9% | 3.4% | β0.8% | 7.2% | β8.3% | 5.5% | β34.7% |
| Return on tangible equity | β14.5% | 17.8% | 12.5% | β132.2% | 5.7% | β1.7% | 13.5% | β15.0% | 9.7% | β76.8% |
| Growth | ||||||||||
| Revenue growth | β | 5.6% | 18.3% | β15.8% | 18.4% | 11.6% | 13.4% | β12.0% | 20.7% | β79.4% |
| Net income growth | β | β | β40.4% | β531.3% | β | β129.1% | β | β196.6% | β | β596.5% |
| EPS growth | β | β | β | β | β | β125.0% | β | β196.8% | β | β572.7% |
| Share count change | β | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.7% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β | β | β | β | β4.4x | β | β | β | β |
| Debt / equity | β | β | β | β | β | 0.0x | β | β | β | β |
| Interest coverage | β | β3.4x | 0.4x | β3.8x | 1.5x | 0.5x | 4.1x | β3.6x | 1.5x | β13.5x |
| Current ratio | 1.9x | 1.4x | 1.3x | 2.9x | 4.3x | 1.7x | 2.8x | 2.2x | 2.1x | 3.6x |
| Quick ratio | 0.7x | 0.5x | 0.4x | 1.0x | 1.8x | 0.7x | 1.4x | 0.9x | 1.5x | 3.6x |
| Capital allocation | ||||||||||
| Stock comp / revenue | β | β | β | β | β | β | β | β | β | 18.5% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 6.0 | 5.0 | 5.0 | 8.0 | 1.0 | 7.0 | 4.0 | 5.0 | 3.0 |
| Altman Z'' | 4.7 | 2.6 | 1.8 | 0.7 | 3.2 | 0.9 | 3.7 | 1.2 | 2.3 | β8.6 |
| Accruals ratio | 0.5% | 9.3% | 7.1% | β43.0% | β14.3% | 18.7% | β7.7% | β15.5% | 17.1% | β42.2% |
Source: SEC EDGAR XBRL filings (CIK 0000102109). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.