TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 7.1M
Gross Profit 584.1K 8.24%
Operating Income -9.5M -134.04%
Net Income -48.9M -689.62%
EPS (Diluted) $-1.92

Balance Sheet Metrics

Total Assets 148.5M
Total Liabilities 76.7M
Shareholders Equity 71.9M
Debt to Equity 1.07

Cash Flow Metrics

Operating Cash Flow -26.8M
Free Cash Flow -5.2M

Revenue & Profitability Trend

FTAC Emerald Income Statement From 2022 to 2024

Metric202420232022
Revenue i0028.9M
Cost of Goods Sold i-3.9M3.8M
Gross Profit i-17.7M25.1M
Gross Margin % i0.0%0.0%86.8%
Operating Expenses
Research & Development i---
Selling, General & Administrative i2.9M3.7M2.4M
Other Operating Expenses i-21.0M32.7M
Total Operating Expenses i2.9M24.8M35.1M
Operating Income i-2.9M-3.7M-10.3M
Operating Margin % i0.0%0.0%-35.8%
Non-Operating Items
Interest Income i3.0M11.2M-
Interest Expense i434.7K0-
Other Non-Operating Income-838.8K-708.4K-1.6M
Pre-tax Income i-1.2M6.8M-12.0M
Income Tax i628.5K2.3M10.7K
Effective Tax Rate % i0.0%34.4%0.0%
Net Income i-1.9M4.4M-12.0M
Net Margin % i0.0%0.0%-41.5%
Key Metrics
EBITDA i-805.3K6.8M-10.1M
EPS (Basic) i$-0.04$0.10$-0.26
EPS (Diluted) i$-0.04$0.10$-0.26
Basic Shares Outstanding i461388764613887646138876
Diluted Shares Outstanding i461388764613887646138876

Income Statement Trend

FTAC Emerald Balance Sheet From 2021 to 2024

Metric2024202320222021
Assets
Current Assets
Cash & Equivalents i906.0K29.8K5.4M1.2M
Short-term Investments i-5.3M3.0M-
Accounts Receivable i-624.9K1.6M-
Inventory i-129.2K350.8K-
Other Current Assets-1.7M1.4M-
Total Current Assets i926.5K306.1K11.8M1.6M
Non-Current Assets
Property, Plant & Equipment i----
Goodwill i-553.8K471.5K-
Intangible Assets i-553.8K471.5K-
Long-term Investments----
Other Non-Current Assets51.3M165.7M-223.4M
Total Non-Current Assets i51.3M165.7M648.8K223.5M
Total Assets i52.2M166.0M12.4M225.2M
Liabilities
Current Liabilities
Accounts Payable i533.2K114.7K302.1K77.1K
Short-term Debt i5.7M2.0M--
Current Portion of Long-term Debt----
Other Current Liabilities-6.6M3.3M-
Total Current Liabilities i9.3M3.4M4.3M93.6K
Non-Current Liabilities
Long-term Debt i----
Deferred Tax Liabilities i----
Other Non-Current Liabilities-10.6M8.7M-
Total Non-Current Liabilities i01.2M9.4M8.9M
Total Liabilities i9.3M4.5M13.7M8.9M
Equity
Common Stock i51.2M165.7M707222.2M
Retained Earnings i-14.3M-11.3M-29.1M-6.0M
Treasury Stock i----
Other Equity----
Total Shareholders Equity i42.9M161.4M-1.3M216.2M
Key Metrics
Total Debt i5.7M2.0M00
Working Capital i-8.4M-3.1M7.5M1.5M

Balance Sheet Composition

FTAC Emerald Cash Flow Statement From 2022 to 2024

Metric202420232022
Operating Activities
Net Income i-1.9M4.4M-12.0M
Depreciation & Amortization i-229.1K182.8K
Stock-Based Compensation i-8.3K13.9K
Working Capital Changes i418.5K4.8M7.4M
Operating Cash Flow i-3.1M-1.0M-1.9M
Investing Activities
Capital Expenditures i---
Acquisitions i---
Investment Purchases i--3.4M-4.2M
Investment Sales i---
Investing Cash Flow i117.3M96.4M-4.2M
Financing Activities
Share Repurchases i-116.7M-96.8M-21.9K
Dividends Paid i---
Debt Issuance i-500.0K7.0M
Debt Repayment i---
Financing Cash Flow i-113.0M-93.8M14.0M
Free Cash Flow i-3.4M-5.1M-1.8M
Net Change in Cash i1.2M1.6M7.9M

Cash Flow Trend

FTAC Emerald Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 218.80
Forward P/E -9.80
Price to Book 1.94
Price to Sales 33.15
PEG Ratio -0.14

Profitability Ratios

Profit Margin 0.00%
Operating Margin -52.03%
Return on Equity -88.66%
Return on Assets -9.21%

Financial Health

Current Ratio 1.60
Debt to Equity 90.30
Beta 0.16

Per Share Data

EPS (TTM) $-0.73
Book Value per Share $1.90
Revenue per Share $0.18

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
fld172.2M218.801.94-88.66%0.00%90.30
Morgan Stanley 231.1B16.402.3514.13%22.49%438.54
Goldman Sachs 221.3B16.101.9412.74%28.40%588.39
Btcs 211.0M6.243.43-62.91%-268.37%28.33
Siebert Financial 122.1M12.581.3711.24%11.05%269.08
Metal Alpha 110.6M6.832.9959.52%35.67%0.58

Financial data is updated regularly. All figures are in the company's reporting currency.