WPRT Nasdaq Engines & Turbines Financials FY2016βFY2025
Aetherion Technologies Inc. had $23.3M of revenue in fiscal 2025, down 42.7% on the year before. Over five years, revenue changed β37.9% a year on average.
Hi! I read Aetherion Technologies Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β42.7%
No. Sales fell 42.7% last year.
Does it make a profit?
β264.3%
No. It lost money last year.
Does profit turn into cash?
β72.6%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
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 Aetherion Technologies Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 9, 2026
Monday Β· in 14 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Apr 23, 2026 | Q4 '25 | After the market closes | 20-F β |
| Mar 31, 2025 | Q4 '24 | Before the market opens | 40-F β |
| Mar 25, 2024 | Period ended Dec 31, 2023 | After the market closes | 40-F β |
| Mar 13, 2023 | Period ended Dec 31, 2022 | After the market closes | 40-F β |
| Mar 14, 2022 | Period ended Dec 31, 2021 | After the market closes | 40-F β |
| Mar 15, 2021 | Period ended Dec 31, 2020 | After the market closes | 40-F β |
| Mar 17, 2020 | Period ended Dec 31, 2019 | After the market closes | 40-F β |
| Mar 19, 2019 | Period ended Dec 31, 2018 | After the market closes | 40-F β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Aetherion Technologies Inc. had $23.3M of revenue in fiscal 2025, down 42.7% on the year before. Over five years, revenue changed β37.9% a year on average. Its operating margin was β61.0%, up 31.6Β pts: of every 100 in sales, about β61 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· Aetherion Technologies Inc. lost $61.6M in fiscal 2025.
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?
KIRA Β· Free cash flow was β$16.9M in fiscal 2025, β72.6% of revenue.
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
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
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?
KIRA Β· Aetherion Technologies Inc. has $24.2M more cash than debt.
Cash, debt and the ratios that show how comfortably Aetherion Technologies 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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $125M | $86.2M | $12.2M | $14.8M | $27.2M |
| Debt incl. finance leases | $69.4M | $53.0M | $75.4M | $6.8M | $2.9M |
| Debt / equity | 0.3x | 0.3x | 0.5x | 0.0x | 0.0x |
| Interest coverage | β6.2x | β15.0x | β15.3x | β34.8x | β23.2x |
| Current ratio | 2.3x | 2.0x | 1.6x | 1.6x | 1.9x |
| Quick ratio | 1.7x | 1.4x | 1.1x | 1.5x | 1.8x |
| Total assets | $471M | $407M | $356M | $292M | $94.0M |
| Total liabilities | $235M | $203M | $195M | $155M | $25.2M |
| Shareholders' equity | $236M | $204M | $160M | $137M | $68.8M |
| Net debt (β = net cash) | β$55.5M | β$33.2M | $63.2M | β$7.9M | β$24.2M |
KIRA Β· Its return on capital was β25.2%: every 100 invested in the business earned about β25 in a year.
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· Aetherion Technologies Inc. passes 4 of 9 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 5 / 9 | 1 / 9 | 5 / 9 | 2 / 9 | 4 / 9 | 3 / 9 | 1 / 9 | 5 / 9 | 4 / 9 |
| Accruals ratio | β4.8% | 12.2% | β1.4% | 5.7% | 8.9% | 14.1% | 0.4% | β9.6% | β9.0% | β24.6% |
| Altman Z'' | β10.53 | β9.15 | β11.27 | β10.39 | β7.90 | β3.57 | β5.69 | β8.33 | β10.81 | β36.91 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $484M | $564M | $270M | $305M | $252M | $312M | $306M | $68.2M | $40.7M | $23.3M |
| Net interest income | β$1.7M | $1.4M | $0.5M | β | β | β | β | β | β | β |
| Gross profit | $191M | $268M | β$52.7M | $68.3M | $39.5M | $48.2M | $36.2M | $0.4M | $2.8M | $2.7M |
| Research and development | $55.5M | $50.1M | $30.6M | $25.2M | $21.0M | $25.2M | $23.5M | $12.8M | $9.5M | $5.8M |
| Operating income | β$126M | β$66.7M | β$52.7M | β$21.4M | β$22.0M | β$30.5M | β$50.3M | β$45.6M | β$37.7M | β$14.2M |
| Interest expense | $10.8M | $14.5M | $9.1M | $7.3M | $8.0M | $4.9M | $3.4M | $3.0M | $1.1M | $0.6M |
| Pretax income | β$96.7M | β$67.3M | β$38.7M | $2.1M | β$5.9M | $5.5M | β$31.3M | β$48.1M | β$30.8M | β$29.4M |
| Income tax | $4.0M | β$4.4M | $2.1M | $2.0M | $1.4M | β$8.1M | $1.4M | $0.3M | $0.5M | $0.1M |
| Net income | β$97.6M | β$10.0M | β$31.5M | $0.0M | β$7.4M | $13.7M | β$32.7M | β$49.7M | β$21.8M | β$61.6M |
| Diluted EPS | β$1.07 | β$0.08 | β$0.24 | $0.00 | β$0.05 | $0.08 | β$1.91 | β$2.90 | β$1.26 | β$3.56 |
| Diluted shares | 0.09B | 0.12B | 0.13B | 0.14B | 0.14B | 0.16B | 0.02B | 0.02B | 0.02B | 0.02B |
| Cash flow | ||||||||||
| Cash from operations | β$81.8M | β$49.5M | β$27.4M | β$15.7M | β$35.1M | β$43.8M | β$34.6M | β$13.2M | $7.2M | β$14.2M |
| Capital expenditure | $8.7M | $25.3M | $10.3M | $8.9M | $7.1M | $14.2M | $14.2M | $6.5M | $3.8M | $2.7M |
| Free cash flow | β$90.4M | β$74.7M | β$37.7M | β$24.5M | β$42.3M | β$58.0M | β$48.9M | β$19.7M | $3.4M | β$16.9M |
| Depreciation and amortization | $15.3M | $14.7M | $16.5M | $16.3M | $14.0M | $14.0M | $11.8M | $5.8M | $2.2M | $0.7M |
| Stock-based compensation | $10.5M | $7.0M | $3.0M | $1.5M | $2.4M | $1.9M | $2.1M | $1.3M | $0.8M | $0.8M |
| Acquisitions | β$45.3M | $0.0M | $0.0M | β | $0.0M | $5.9M | $0.0M | β | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $61.8M | $71.8M | $61.1M | $46.0M | $64.3M | $125M | $86.2M | $12.2M | $14.8M | $27.2M |
| Total debt | $79.0M | $54.4M | $76.2M | $70.8M | $125M | $69.4M | $53.0M | $75.4M | $6.8M | $2.9M |
| Current assets | $214M | $201M | $169M | $168M | $229M | $339M | $277M | $217M | $170M | $41.6M |
| Current liabilities | $160M | $120M | $105M | $115M | $147M | $146M | $136M | $135M | $108M | $21.5M |
| Inventory | $53.3M | $45.7M | $46.0M | $47.8M | $51.4M | $83.1M | $81.6M | $67.5M | $6.7M | $3.0M |
| Property and equipment, net | $54.6M | $69.8M | $63.4M | $58.9M | $57.5M | $64.4M | $62.6M | $69.5M | $3.1M | $5.6M |
| Goodwill | $2.9M | $3.3M | $3.2M | $3.1M | $3.4M | $3.1M | $3.0M | $3.1M | $2.9M | β |
| Intangible assets | $21.8M | $20.9M | $16.8M | $13.1M | $11.8M | $9.3M | $7.8M | $6.8M | $5.3M | β |
| Total assets | $331M | $314M | $270M | $280M | $346M | $471M | $407M | $356M | $292M | $94.0M |
| Total liabilities | $246M | $196M | $179M | $191M | $242M | $235M | $203M | $195M | $155M | $25.2M |
| Shareholders' equity | $85.4M | $118M | $90.7M | $89.4M | $104M | $236M | $204M | $160M | $137M | $68.8M |
| Margins | ||||||||||
| Gross margin | 39.4% | 47.5% | β19.5% | 22.4% | 15.7% | 15.4% | 11.8% | 0.5% | 7.0% | 11.5% |
| Operating margin | β26.0% | β11.8% | β19.5% | β7.0% | β8.7% | β9.8% | β16.4% | β66.9% | β92.7% | β61.0% |
| EBITDA margin | β22.9% | β9.2% | β13.4% | β1.7% | β3.2% | β5.3% | β12.6% | β58.4% | β87.3% | β57.9% |
| Net margin | β20.2% | β1.8% | β11.7% | 0.0% | β2.9% | 4.4% | β10.7% | β72.9% | β53.7% | β264.3% |
| FCF margin | β18.7% | β13.2% | β14.0% | β8.0% | β16.7% | β18.5% | β16.0% | β28.9% | 8.3% | β72.6% |
| Net interest share of revenue | β0.3% | 0.2% | 0.2% | β | β | β | β | β | β | β |
| Returns | ||||||||||
| Return on capital | β96.9% | β52.4% | β39.4% | β12.2% | β10.5% | β16.9% | β23.3% | β16.1% | β23.1% | β25.2% |
| Return on capital employed | β73.3% | β34.5% | β31.9% | β12.9% | β11.0% | β9.4% | β18.5% | β20.6% | β20.6% | β19.6% |
| Return on equity | β114.2% | β9.8% | β30.2% | 0.0% | β7.6% | 8.0% | β14.8% | β27.3% | β14.7% | β59.9% |
| Return on assets | β29.4% | β3.1% | β10.8% | 0.0% | β2.4% | 3.3% | β7.4% | β13.0% | β6.7% | β32.0% |
| Return on tangible equity | β160.8% | β10.6% | β44.6% | 0.1% | β8.3% | 6.1% | β16.9% | β33.0% | β16.9% | β89.6% |
| Growth | ||||||||||
| Revenue growth | β | 16.7% | β52.1% | 13.0% | β17.3% | 23.7% | β2.1% | β77.7% | β40.3% | β42.7% |
| Net income growth | β | β | β | β | β18,048.8% | β | β339.4% | β | β | β |
| EPS growth | β | β | β | β | β | β | β2,487.5% | β | β | β |
| FCF growth | β | β | β | β | β | β | β | β | β | β602.4% |
| Share count change | β | 31.3% | 10.7% | 8.8% | β4.8% | 18.2% | β89.4% | 0.3% | 0.4% | 0.6% |
| Financial health | ||||||||||
| Debt / equity | 0.9x | 0.5x | 0.8x | 0.8x | 1.2x | 0.3x | 0.3x | 0.5x | 0.0x | 0.0x |
| Interest coverage | β11.7x | β4.6x | β5.8x | β2.9x | β2.8x | β6.2x | β15.0x | β15.3x | β34.8x | β23.2x |
| Current ratio | 1.3x | 1.7x | 1.6x | 1.5x | 1.6x | 2.3x | 2.0x | 1.6x | 1.6x | 1.9x |
| Quick ratio | 1.0x | 1.3x | 1.2x | 1.1x | 1.2x | 1.7x | 1.4x | 1.1x | 1.5x | 1.8x |
| Capital allocation | ||||||||||
| Capex / revenue | 1.8% | 4.5% | 3.8% | 2.9% | 2.8% | 4.5% | 4.7% | 9.5% | 9.4% | 11.5% |
| Stock comp / revenue | 2.2% | 1.2% | 1.1% | 0.5% | 0.9% | 0.6% | 0.7% | 1.9% | 1.9% | 3.5% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 5.0 | 1.0 | 5.0 | 2.0 | 4.0 | 3.0 | 1.0 | 5.0 | 4.0 |
| Altman Z'' | β10.5 | β9.2 | β11.3 | β10.4 | β7.9 | β3.6 | β5.7 | β8.3 | β10.8 | β36.9 |
| Accruals ratio | β4.8% | 12.2% | β1.4% | 5.7% | 8.9% | 14.1% | 0.4% | β9.6% | β9.0% | β24.6% |
Source: SEC EDGAR XBRL filings (CIK 0001370416). 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.
