NECB (NECB) financial statements
NECB reported revenue of $105M in fiscal 2025, up 20.4% a year over 5 years.
Net income was $44M.
Free cash flow was $51M, and the company returned $13M in dividends and $2M in net buybacks.
The diluted share count fell 15% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NECB's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $42M | $46M | $66M | $101M | $106M | $105M |
| Interest expense | $10M | $5M | $8M | $35M | — | — |
| Pre-tax income | $16M | $16M | $34M | $65M | $66M | $62M |
| Income tax | $3M | $4M | $10M | $18M | $19M | $18M |
| Net income | $12M | $12M | $25M | $46M | $47M | $44M |
| EPS (diluted) | $0.76 | $0.75 | $1.58 | $3.32 | $3.52 | $3.25 |
| Diluted shares | 16M | 16M | 16M | 14M | 13M | 14M |
| Net margin | 29.7% | 26.1% | 37.9% | 45.8% | 44.6% | 42.4% |
Balance sheet
Fiscal years, from NECB's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $69M | $152M | $95M | $69M | $78M | $81M |
| Property, plant and equipment | $19M | $24M | $26M | $25M | $25M | $25M |
| Goodwill | $651,000 | $651,000 | $200,000 | $0 | — | — |
| Total assets | $968M | $1.2B | $1.4B | $1.8B | $2.0B | $2.1B |
| Total liabilities | $814M | $974M | $1.2B | $1.5B | $1.7B | $1.7B |
| Shareholders' equity | $154M | $251M | $262M | $279M | $318M | $352M |
| Net debt | -$69M | -$152M | -$95M | -$69M | -$78M | -$81M |
Cash flow
Fiscal years, from NECB's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $16M | $22M | $28M | $43M | $49M | $53M |
| Capital spending | $1M | $6M | $3M | $626,000 | $517,000 | $2M |
| Free cash flow | $14M | $15M | $24M | $42M | $48M | $51M |
| Dividends paid | $1M | $2M | $7M | $4M | $8M | $13M |
| Share buybacks (net) | — | — | -$9M | -$29M | -$3M | -$2M |
| Net borrowing | — | — | — | $50M | — | — |
| Free cash flow margin | 34.7% | 33.1% | 37.0% | 41.8% | 45.6% | 48.5% |
| Dividends per share | $0.06 | $0.14 | $0.44 | $0.26 | $0.59 | $0.98 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for NECB.
Open NECB in InvestinglyQuestions
What was NECB's revenue in 2025?
$105M in fiscal 2025, from its 10-K filing.
How much free cash flow does NECB generate?
$51M in fiscal 2025 (operating cash flow minus capital spending).
From NECB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.