SHIM (SHIM) financial statements
SHIM reported revenue of $493M in fiscal 2025, down 9.5% a year over 3 years.
Net income was -$26M and the operating margin -3.9%, against 1.9% in 2022.
Free cash flow was -$71M.
The diluted share count rose 59% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SHIM's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $664M | $633M | $480M | $493M |
| Cost of revenue | $641M | $610M | $536M | $459M |
| Gross profit | $24M | $22M | -$56M | $34M |
| Selling, general and admin | $60M | $64M | $64M | $55M |
| Operating income | $13M | $435,000 | -$119M | -$19M |
| Interest expense | — | $2M | $5M | $7M |
| Pre-tax income | $4M | -$2M | -$126M | -$25M |
| Income tax | $1M | $0 | -$963,000 | $0 |
| Net income | $4M | -$3M | -$125M | -$26M |
| EPS (diluted) | $0.17 | -$0.11 | -$4.10 | -$0.74 |
| Diluted shares | 22M | 22M | 30M | 35M |
| Gross margin | 3.5% | 3.5% | -11.6% | 6.8% |
| Operating margin | 1.9% | 0.1% | -24.8% | -3.9% |
| Net margin | 0.6% | -0.4% | -26.0% | -5.2% |
Balance sheet
Fiscal years, from SHIM's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $78M | $63M | $34M | $20M |
| Receivables | $56M | $54M | $43M | $30M |
| Total current assets | $233M | $257M | $141M | $175M |
| Property, plant and equipment | $55M | $46M | $19M | $11M |
| Total assets | $447M | $427M | $234M | $219M |
| Total current liabilities | $341M | $271M | $230M | $196M |
| Long-term debt | $0 | $30M | $9M | $60M |
| Total liabilities | $395M | $356M | $269M | $275M |
| Shareholders' equity | $52M | $70M | -$35M | -$57M |
| Net debt | -$78M | -$33M | -$24M | $40M |
Cash flow
Fiscal years, from SHIM's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$3M | -$88M | -$21M | -$65M |
| Capital spending | $10M | $7M | $10M | $6M |
| Free cash flow | -$14M | -$95M | -$32M | -$71M |
| Stock-based compensation | $2M | $2M | $6M | $5M |
| Free cash flow margin | -2.0% | -15.0% | -6.6% | -14.5% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for SHIM.
Open SHIM in InvestinglyQuestions
What was SHIM's revenue in 2025?
$493M in fiscal 2025, from its 10-K filing.
How much free cash flow does SHIM generate?
-$71M in fiscal 2025 (operating cash flow minus capital spending).
From SHIM's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.