PMA Nasdaq Construction - Special Trade Contractors Financials FY2022βFY2026
PMA Graphene Technology Group Inc. had $14.6M of revenue in fiscal 2026, down 56.8% on the year before.
Hi! I read PMA Graphene Technology Group Inc.βs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
β56.8%
No. Sales fell 56.8% last year.
Does it make a profit?
β39.4%
No. It lost money last year.
How healthy are the accounts?
2 / 9
Weak. It passes 2 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?
KIRA Β· PMA Graphene Technology Group Inc. had $14.6M of revenue in fiscal 2026, down 56.8% on the year before. Its operating margin was β37.4%, down 21.6Β pts: of every 100 in sales, about β37 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
Margins, % of revenue
KIRA Β· PMA Graphene Technology Group Inc. lost $5.8M 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
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
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· In the last 12 months, insiders sold $1.3M of shares on the open market and bought none.
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
$1.3M
1 insider
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 25, 2026 | Chi Ming LamDirector | Sold | 47,865 | $1.30 | $0.1M | Form 4 |
| Sep 24, 2026 | Chi Ming LamDirector | Sold | 120,000 | $1.30 | $0.2M | Form 4 |
| Sep 23, 2026 | Chi Ming LamDirector | Sold | 6,000 | $1.30 | $0.0M | Form 4 |
| Sep 22, 2026 | Chi Ming LamDirector | Sold | 120,000 | $1.30 | $0.2M | Form 4 |
| Sep 15, 2026 | Chi Ming LamDirector | Sold | 99,114 | $1.30 | $0.1M | Form 4 |
| Sep 11, 2026 | Chi Ming LamDirector | Sold | 120,000 | $1.30 | $0.2M | Form 4 |
| Sep 9, 2026 | Chi Ming LamDirector | Sold | 150,000 | $1.25 | $0.2M | Form 4 |
| Aug 21, 2026 | Chi Ming LamDirector, 10% owner | Sold | 100,000 | $1.32 | $0.1M | Form 4 |
| Aug 18, 2026 | Chi Ming LamDirector, 10% owner | Sold | 5,000 | $1.62 | $0.0M | Form 4 |
| Aug 17, 2026 | Chi Ming LamDirector, 10% owner | Sold | 15,000 | $1.75 | $0.0M | Form 4 |
| Aug 14, 2026 | Chi Ming LamDirector, 10% owner | Sold | 100,000 | $1.37 | $0.1M | Form 4 |
| Aug 13, 2026 | Chi Ming LamDirector, 10% owner | Sold | 100,000 | $1.10 | $0.1M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· PMA Graphene Technology Group Inc. owes $7.9M more than it holds in cash.
Cash, debt and the ratios that show how comfortably PMA Graphene Technology Group 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 | β | $0.3M | $1.1M | $0.2M | $1.6M |
| Debt incl. finance leases | β | $9.4M | $10.9M | $12.5M | $9.5M |
| Net debt / EBITDA | β | 3.5x | 3.0x | β | β |
| Debt / equity | β | 23.9x | 10.7x | 12.6x | β |
| Interest coverage | 28.4x | 14.7x | 11.3x | β10.5x | β15.8x |
| Current ratio | β | 1.1x | 1.1x | 1.1x | 0.7x |
| Quick ratio | β | 1.1x | 1.1x | 1.1x | 0.7x |
| Total assets | β | $8.3M | $11.9M | $13.4M | $5.9M |
| Total liabilities | β | $7.9M | $10.9M | $12.4M | $10.7M |
| Shareholders' equity | $0.2M | $0.4M | $1.0M | $1.0M | β$4.8M |
| Net debt (β = net cash) | β | $9.1M | $9.8M | $12.3M | $7.9M |
KIRA Β· Its return on capital was β141.1%: every 100 invested in the business earned about β141 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· PMA Graphene Technology Group Inc. passes 2 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 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β |
| F-score | β / 3 | β / 5 | 7 / 9 | 1 / 9 | 2 / 9 |
| Accruals ratio | β | 24.0% | β1.3% | 17.7% | β67.8% |
| Altman Z'' | β | 2.92 | 2.81 | β3.66 | β15.13 |
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 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | $14.4M | $21.9M | $27.6M | $33.9M | $14.6M |
| Gross profit | $2.6M | $3.5M | $5.1M | β$1.3M | β$2.7M |
| Operating income | $2.1M | $2.6M | $3.2M | β$5.4M | β$5.5M |
| Interest expense | $0.1M | $0.2M | $0.3M | $0.5M | $0.3M |
| Pretax income | $2.1M | $3.3M | $3.0M | β$5.8M | β$5.7M |
| Income tax | $0.3M | $0.5M | $0.6M | β$0.1M | $0.0M |
| Net income | $1.8M | $2.8M | $2.3M | β$5.7M | β$5.8M |
| Net income to common | $1.8M | $2.8M | $2.3M | β$5.7M | β$5.8M |
| Diluted EPS | $0.22 | $0.25 | $0.21 | β$0.48 | β$0.44 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | |||||
| Cash from operations | β$0.2M | $0.8M | $2.5M | β$8.0M | $0.8M |
| Capital expenditure | β | $0.0M | $1.1M | β | β |
| Free cash flow | β | $0.8M | $1.3M | β | β |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.1M | $0.1M |
| Balance sheet | |||||
| Cash and short-term investments | β | $0.3M | $1.1M | $0.2M | $1.6M |
| Total debt | β | $9.1M | $10.7M | $12.4M | $9.5M |
| Finance lease liabilities | $0.1M | $0.3M | $0.2M | $0.1M | $0.0M |
| Current assets | β | $6.9M | $8.8M | $10.3M | $4.2M |
| Current liabilities | β | $6.2M | $7.7M | $9.5M | $6.0M |
| Property and equipment, net | β | $0.0M | $1.2M | $1.1M | $1.1M |
| Total assets | β | $8.3M | $11.9M | $13.4M | $5.9M |
| Total liabilities | β | $7.9M | $10.9M | $12.4M | $10.7M |
| Shareholders' equity | $0.2M | $0.4M | $1.0M | $1.0M | β$4.8M |
| Margins | |||||
| Gross margin | 18.3% | 16.0% | 18.5% | β3.9% | β18.4% |
| Operating margin | 14.7% | 12.1% | 11.8% | β15.8% | β37.4% |
| EBITDA margin | 14.8% | 12.1% | 11.9% | β15.6% | β36.9% |
| Net margin | 12.5% | 12.7% | 8.4% | β16.9% | β39.4% |
| FCF margin | β | 3.6% | 4.8% | β | β |
| Returns | |||||
| Return on capital | β | 24.5% | 24.0% | β32.2% | β141.1% |
| Return on capital employed | β | 125.6% | 78.3% | β137.4% | 4,855.9% |
| Return on equity | 1,128.6% | 1,027.2% | 336.9% | β578.2% | β |
| Return on assets | β | 33.7% | 23.1% | β45.3% | β59.7% |
| Return on tangible equity | 1,128.6% | 727.9% | 233.1% | β582.4% | β |
| Growth | |||||
| Revenue growth | β | 52.0% | 26.1% | 22.8% | β56.8% |
| Net income growth | β | 54.5% | β16.5% | β346.3% | β |
| EPS growth | β | 13.6% | β16.0% | β328.6% | β |
| FCF growth | β | β | 68.0% | β | β |
| Share count change | β | 38.3% | 0.0% | 5.3% | 9.5% |
| Financial health | |||||
| Net debt / EBITDA | β | 3.5x | 3.0x | β | β |
| Debt / equity | β | 23.9x | 10.7x | 12.6x | β |
| Interest coverage | 28.4x | 14.7x | 11.3x | β10.5x | β15.8x |
| Current ratio | β | 1.1x | 1.1x | 1.1x | 0.7x |
| Quick ratio | β | 1.1x | 1.1x | 1.1x | 0.7x |
| Capital allocation | |||||
| Capex / revenue | β | 0.1% | 4.2% | β | β |
| Quality scores | |||||
| Piotroski F-score | β | β | 7.0 | 1.0 | 2.0 |
| Altman Z'' | β | 2.9 | 2.8 | β3.7 | β15.1 |
| Accruals ratio | β | 24.0% | β1.3% | 17.7% | β67.8% |
Source: SEC EDGAR XBRL filings (CIK 0001956166). 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.