MAMK (MAMK) financial statements
MAMK reported revenue of $29M in fiscal 2025, up 5.5% a year over 2 years.
Net income was $2,026 and the operating margin 0.4%, against 9.2% in 2023.
Free cash flow was -$5M.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MAMK's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $26M | $21M | $29M |
| Cost of revenue | $22M | $17M | $27M |
| Gross profit | $4M | $4M | $3M |
| Research and development | $740,800 | $559,048 | $650,629 |
| Selling, general and admin | $1M | $1M | $2M |
| Operating income | $2M | $2M | $103,573 |
| Interest expense | $69,572 | $151,335 | $159,166 |
| Pre-tax income | $2M | $2M | $85,556 |
| Income tax | $307,441 | $269,003 | $67,434 |
| Net income | $2M | $2M | $2,026 |
| Gross margin | 16.0% | 18.5% | 9.0% |
| Operating margin | 9.2% | 10.3% | 0.4% |
| Net margin | 7.3% | 8.5% | 0.0% |
Balance sheet
Fiscal years, from MAMK's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $132,150 | $176,236 | $122,381 |
| Receivables | — | $6M | $10M |
| Inventory | — | $3M | $7M |
| Total current assets | — | $16M | $22M |
| Property, plant and equipment | — | $119,125 | $153,271 |
| Total assets | — | $18M | $22M |
| Total current liabilities | — | $7M | $7M |
| Long-term debt | — | $2M | $2M |
| Total liabilities | — | $9M | $9M |
| Shareholders' equity | $6M | $8M | $12M |
| Net debt | -$132,150 | $2M | $2M |
Cash flow
Fiscal years, from MAMK's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -$599,947 | -$3M | -$5M |
| Capital spending | $73,646 | $18,514 | $56,877 |
| Free cash flow | -$673,593 | -$3M | -$5M |
| Free cash flow margin | -2.6% | -14.3% | -18.3% |
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Open MAMK in InvestinglyQuestions
What was MAMK's revenue in 2025?
$29M in fiscal 2025, from its 10-K filing.
How much free cash flow does MAMK generate?
-$5M in fiscal 2025 (operating cash flow minus capital spending).
From MAMK's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.