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zSpace, Inc. (ZSPC) 10-Year Financial Performance & Capital Metrics

ZSPC • • Industrial / General
TechnologyComputer HardwareSpecialized Computing SystemsEdge Computing Systems
AboutzSpace, Inc. provides augmented and virtual reality educational technology solutions for K-12 schools, and career and technical education markets in the United States and internationally. The company provides StudioA3, an application that allows teachers to build lessons for various subject using pre-made models; hardware products comprising stylus, eyewear, laptop, and power adapter products; and installation and/or training services. Its platform offers a range of educational tools designed for K-12 science, technology, engineering, and math lessons, as well as training skilled trades in areas, such as health sciences, automotive engineering/repair, and software programming and advanced manufacturing. The company was formerly known as Infinite Z, Inc. and changed its name to zSpace, Inc. in February 2013. The company was incorporated in 2006 and is based in San Jose, California.Show more
  • Revenue $38M -13.3%
  • EBITDA -$18M -105.6%
  • Net Income -$21M -59.7%
  • EPS (Diluted) 1.03 +101.3%
  • Gross Margin 40.87% +6.2%
  • EBITDA Margin -46.32% -137.0%
  • Operating Margin -46.35% -136.3%
  • Net Margin -54.66% -84.2%
  • ROE -
  • ROIC -
  • Debt/Equity -
  • Interest Coverage -6.27 -111.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Share count reduced 85.5% through buybacks
  • ✓Efficient asset utilization: 2.8x turnover

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 3 (bottom 3%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-24.2%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-1.87%

EPS CAGR

10Y-
5Y-
3Y-
TTM-4985.45%

ROCE

10Y Avg-
5Y Avg-
3Y Avg-
Latest-

Peer Comparison

Edge Computing Systems
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ZSPCzSpace, Inc.16.41M0.570.55-13.26%-68.88%
OSSOne Stop Systems, Inc.265.99M10.85-16.69-10.19%-11.47%-26.23%0.10

Profit & Loss

Dec 2022Dec 2023Dec 2024
Sales/Revenue+35.78M43.92M38.1M
Revenue Growth %-0.23%-0.13%
Cost of Goods Sold+22.66M27.03M22.53M
COGS % of Revenue0.63%0.62%0.59%
Gross Profit+13.13M16.89M15.57M
Gross Margin %0.37%0.38%0.41%
Gross Profit Growth %-0.29%-0.08%
Operating Expenses+23.03M25.51M33.23M
OpEx % of Revenue0.64%0.58%0.87%
Selling, General & Admin18.36M19.61M28.33M
SG&A % of Revenue0.51%0.45%0.74%
Research & Development4.67M4.22M4.89M
R&D % of Revenue0.13%0.1%0.13%
Other Operating Expenses01.68M0
Operating Income+-9.9M-8.62M-17.66M
Operating Margin %-0.28%-0.2%-0.46%
Operating Income Growth %-0.13%-1.05%
EBITDA+-9.85M-8.58M-17.65M
EBITDA Margin %-0.28%-0.2%-0.46%
EBITDA Growth %-0.13%-1.06%
D&A (Non-Cash Add-back)49K32K12K
EBIT-11.43M-10.13M-17.97M
Net Interest Income+-3.7M-2.9M-2.81M
Interest Income000
Interest Expense3.7M2.9M2.81M
Other Income/Expense-5.23M-4.42M-3.13M
Pretax Income+-15.13M-13.03M-20.79M
Pretax Margin %-0.42%-0.3%-0.55%
Income Tax+44K3K34K
Effective Tax Rate %1%1%1%
Net Income+-15.17M-13.04M-20.82M
Net Margin %-0.42%-0.3%-0.55%
Net Income Growth %-0.14%-0.6%
Net Income (Continuing)-15.17M-13.04M-20.82M
Discontinued Operations000
Minority Interest000
EPS (Diluted)+-93.84-76.591.03
EPS Growth %-0.18%1.01%
EPS (Basic)-91.81-116.6213.03
Diluted Shares Outstanding22.57M22.57M3.28M
Basic Shares Outstanding165.27K165.22K3.28M
Dividend Payout Ratio---

Balance Sheet

Dec 2022Dec 2023Dec 2024
Total Current Assets+16.73M13.68M13.51M
Cash & Short-Term Investments4.06M2.82M4.86M
Cash Only4.06M2.82M4.86M
Short-Term Investments000
Accounts Receivable6.85M5.04M3.18M
Days Sales Outstanding69.9141.8830.43
Inventory4.27M3.54M3.24M
Days Inventory Outstanding68.8447.7452.46
Other Current Assets791K689K1.14M
Total Non-Current Assets+1.48M169K21K
Property, Plant & Equipment48K21K21K
Fixed Asset Turnover745.50x2091.52x1814.19x
Goodwill000
Intangible Assets000
Long-Term Investments000
Other Non-Current Assets1.43M148K0
Total Assets+18.21M13.85M13.53M
Asset Turnover1.97x3.17x2.82x
Asset Growth %--0.24%-0.02%
Total Current Liabilities+65.04M29.89M20.89M
Accounts Payable4.18M4.74M5.66M
Days Payables Outstanding67.2963.9491.63
Short-Term Debt44.5M12.02M5.76M
Deferred Revenue (Current)1000K1000K1000K
Other Current Liabilities4.25M4.87M4.68M
Current Ratio0.26x0.46x0.65x
Quick Ratio0.19x0.34x0.49x
Cash Conversion Cycle71.4625.68-8.75
Total Non-Current Liabilities+641K114.43M7.33M
Long-Term Debt07.05M6.19M
Capital Lease Obligations000
Deferred Tax Liabilities000
Other Non-Current Liabilities641K107.09M819K
Total Liabilities65.68M144.32M28.22M
Total Debt+44.5M19.07M11.96M
Net Debt40.44M16.25M7.09M
Debt / Equity---
Debt / EBITDA---
Net Debt / EBITDA---
Interest Coverage-2.68x-2.97x-6.27x
Total Equity+-47.47M-130.47M-14.69M
Equity Growth %--1.75%0.89%
Book Value per Share-2.10-5.78-4.48
Total Shareholders' Equity-47.47M-130.47M-14.69M
Common Stock000
Retained Earnings-256.54M-269.58M-290.4M
Treasury Stock000
Accumulated OCI164K228K329K
Minority Interest000

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+-8.9M-6.41M-8.87M
Operating CF Margin %-0.25%-0.15%-0.23%
Operating CF Growth %-0.28%-0.38%
Net Income-15.17M-13.04M-20.82M
Depreciation & Amortization49K32K12K
Stock-Based Compensation20K07.74M
Deferred Taxes000
Other Non-Cash Items4.3M4.32M662K
Working Capital Changes1.9M2.28M3.54M
Change in Receivables-2.07M1.81M1.86M
Change in Inventory-1.49M-210K-105K
Change in Payables2.34M558K921K
Cash from Investing+-11K-5K-13K
Capital Expenditures-11K-5K-13K
CapEx % of Revenue0%0%0%
Acquisitions---
Investments---
Other Investing000
Cash from Financing+6.94M5.59M10.48M
Debt Issued (Net)---
Equity Issued (Net)---
Dividends Paid000
Share Repurchases---
Other Financing-21K-153K-2.52M
Net Change in Cash---
Free Cash Flow+-8.91M-6.42M-8.89M
FCF Margin %-0.25%-0.15%-0.23%
FCF Growth %-0.28%-0.39%
FCF per Share-0.39-0.28-2.71
FCF Conversion (FCF/Net Income)0.59x0.49x0.43x
Interest Paid001.7M
Taxes Paid000

Key Ratios

Metric202220232024
Gross Margin36.69%38.46%40.87%
Net Margin-42.4%-29.68%-54.66%
Interest Coverage-2.68x-2.97x-6.27x
FCF Conversion0.59x0.49x0.43x
Revenue Growth-22.74%-13.26%

Frequently Asked Questions

Valuation & Price

zSpace, Inc. (ZSPC) has a price-to-earnings (P/E) ratio of 0.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

zSpace, Inc. (ZSPC) reported $31.5M in revenue for fiscal year 2024. This represents a 12% decrease from $35.8M in 2022.

zSpace, Inc. (ZSPC) saw revenue decline by 13.3% over the past year.

zSpace, Inc. (ZSPC) reported a net loss of $21.7M for fiscal year 2024.

Dividend & Returns

zSpace, Inc. (ZSPC) had negative free cash flow of $19.1M in fiscal year 2024, likely due to heavy capital investments.

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