Astrotech Corporation (ASTC) 10-Year Financial Performance & Capital Metrics

ASTC • • Industrial / General

IndustrialsAerospace & DefenseDefense Electronics & Mission SystemsElectronic Warfare & C4ISR

AboutAstrotech Corporation operates as a science and technology development and commercialization company worldwide. It operates through three segments, Astrotech Technologies, Inc. (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc (AgLAB). The ATI segment owns and licenses the AMS Technology, the platform mass spectrometry technology. The 1st Detect segment manufactures explosives and narcotics trace detectors for use at airports, secured facilities, and borders. This segment provides TRACER 1000, a mass spectrometer based explosives trace detector to replace the explosives trace detectors used at airports, cargo and secured facilities, and borders. The AgLAB segment develops AgLAB-1000, a mass spectrometer for use in the hemp and cannabis market. It also develops BreathTest-1000, a breath analysis tool to screen for volatile organic compound metabolites found in a person's breath. The company was formerly known as SPACEHAB, Inc. and changed its name to Astrotech Corporation in 2009. Astrotech Corporation was incorporated in 1984 is based in Austin, Texas.Show more

Revenue $1M -37.0%
EBITDA -$14M -9.4%
Net Income -$14M -18.7%
EPS (Diluted) -8.32 -16.9%
Gross Margin 45.28% +0.3%
EBITDA Margin -1294.38% -73.6%
Operating Margin -1404.58% -76.0%
Net Margin -1320.31% -88.3%
ROE -48.68% -65.9%
ROIC -47.69% -33.5%
Debt/Equity 0.12 +1306.5%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 16.5%
✓Trading at only 0.3x book value

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 16 (bottom 16%)
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y7.42%

5Y16.54%

3Y6.48%

TTM3.06%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-16.66%

EPS CAGR

10Y-

5Y-

3Y-

TTM-15.89%

ROCE

10Y Avg-96.81%

5Y Avg-29.01%

3Y Avg-35%

Latest-49.4%

Peer Comparison

Electronic Warfare & C4ISR

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ESLTElbit Systems Ltd.	32.49B	699.50	97.42	14.3%	5.92%	11.57%	0.98%	0.42
DRSLeonardo DRS, Inc.	10.87B	40.85	51.06	14.44%	7.42%	10.01%	1.71%	0.18
LHXL3Harris Technologies, Inc.	63.83B	341.24	43.36	9.82%	8.09%	9.01%	3.37%	0.66
CODACoda Octopus Group, Inc.	134.87M	11.99	37.47	4.98%	14.09%	7.18%	1.38%	0.01
OPXSOptex Systems Holdings, Inc	104.68M	15.09	20.39	1214.97%	12.45%	21.19%	100%	0.08
ASTCAstrotech Corporation	6.35M	3.61	-0.43	-36.96%	-10.7%	-73.54%		0.12
VWAVVisionWave Holdings, Inc.	224.02M	13.58	-61.73			-6.24%
MRCYMercury Systems, Inc.	5.96B	99.14	-152.52	9.19%	-7.86%	-4.64%	2%	0.44

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Sales/Revenue+	2.67M	2.33M	86K	127K	488K	334K	869K	750K	1.66M	1.05M
Revenue Growth %	4.21%	-0.13%	-0.96%	0.48%	2.84%	-0.32%	1.6%	-0.14%	1.22%	-0.37%
Cost of Goods Sold+	2.33M	1.29M	36K	90K	449K	298K	677K	444K	913K	574K
COGS % of Revenue	0.87%	0.56%	0.42%	0.71%	0.92%	0.89%	0.78%	0.59%	0.55%	0.55%
Gross Profit+	339K	1.03M	50K	37K	39K	36K	192K	306K	751K	475K
Gross Margin %	0.13%	0.44%	0.58%	0.29%	0.08%	0.11%	0.22%	0.41%	0.45%	0.45%
Gross Profit Growth %	2.81%	2.05%	-0.95%	-0.26%	0.05%	-0.08%	4.33%	0.59%	1.45%	-0.37%
Operating Expenses+	14.18M	13.1M	11.69M	8.45M	8.15M	7.95M	8.79M	11.37M	14.03M	15.21M
OpEx % of Revenue	5.31%	5.63%	135.98%	66.57%	16.71%	23.79%	10.11%	15.15%	8.43%	14.5%
Selling, General & Admin	7.71M	7.51M	5.63M	4.88M	4.72M	4.74M	6.01M	5.78M	7.24M	7.07M
SG&A % of Revenue	2.89%	3.23%	65.45%	38.39%	9.66%	14.19%	6.91%	7.7%	4.35%	6.74%
Research & Development	6.47M	5.59M	6.07M	3.58M	3.44M	2.69M	2.78M	5.59M	6.79M	8.14M
R&D % of Revenue	2.42%	2.4%	70.52%	28.17%	7.04%	8.06%	3.2%	7.45%	4.08%	7.76%
Other Operating Expenses	0	0	0	0	0	513K	0	0	0	0
Operating Income+	-13.84M	-12.06M	-13.34M	-8.42M	-8.11M	-7.91M	-8.6M	-11.06M	-13.28M	-14.73M
Operating Margin %	-5.18%	-5.18%	-155.08%	-66.28%	-16.63%	-23.68%	-9.89%	-14.75%	-7.98%	-14.05%
Operating Income Growth %	0.14%	0.13%	-0.11%	0.37%	0.04%	0.03%	-0.09%	-0.29%	-0.2%	-0.11%
EBITDA+	-13.27M	-11.33M	-12.57M	-8.15M	-7.92M	-7.71M	-8.36M	-10.57M	-12.41M	-13.58M
EBITDA Margin %	-4.97%	-4.87%	-146.19%	-64.17%	-16.24%	-23.07%	-9.62%	-14.09%	-7.46%	-12.94%
EBITDA Growth %	0.16%	0.15%	-0.11%	0.35%	0.03%	0.03%	-0.08%	-0.26%	-0.17%	-0.09%
D&A (Non-Cash Add-back)	572K	731K	765K	268K	189K	203K	236K	489K	874K	1.16M
EBIT	-13.84M	-12.06M	-11.64M	-8.42M	-8.11M	-7.4M	-8.6M	-11.06M	-13.28M	-13.85M
Net Interest Income+	379K	306K	86K	25K	-197K	-235K	-265K	0	0	0
Interest Income	379K	306K	86K	25K	0	0	0	0	0	0
Interest Expense	0	0	0	0	197K	235K	265K	0	0	0
Other Income/Expense	379K	306K	86K	25K	-197K	307K	265K	1.42M	1.62M	886K
Pretax Income+	-13.46M	-11.75M	-13.25M	-8.39M	-8.31M	-7.6M	-8.33M	-9.64M	-11.66M	-13.85M
Pretax Margin %	-5.04%	-5.05%	-154.08%	-66.08%	-17.03%	-22.76%	-9.59%	-12.86%	-7.01%	-13.2%
Income Tax+	-25K	2K	86K	-858K	0	0	0	0	2K	2K
Effective Tax Rate %	0.97%	0.99%	1%	0.9%	1%	1%	1%	1%	1%	1%
Net Income+	-13.1M	-11.58M	-13.25M	-7.53M	-8.31M	-7.6M	-8.33M	-9.64M	-11.67M	-13.85M
Net Margin %	-4.9%	-4.98%	-154.08%	-59.32%	-17.03%	-22.76%	-9.59%	-12.86%	-7.01%	-13.2%
Net Income Growth %	-2.21%	0.12%	-0.14%	0.43%	-0.1%	0.09%	-0.1%	-0.16%	-0.21%	-0.19%
Net Income (Continuing)	-13.43M	-11.76M	-13.25M	-7.53M	-8.31M	-7.6M	-8.33M	-9.64M	-11.67M	-13.85M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	-40K	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-96.34	-85.08	-97.89	-45.75	-40.22	-10.38	-5.24	-5.95	-7.12	-8.32
EPS Growth %	-2.24%	0.12%	-0.15%	0.53%	0.12%	0.74%	0.5%	-0.14%	-0.2%	-0.17%
EPS (Basic)	-96.34	-85.09	-97.89	-45.75	-40.22	-10.38	-5.24	-5.95	-7.12	-8.32
Diluted Shares Outstanding	135.92K	136.13K	135.37K	164.67K	211.53K	732.8K	1.59M	1.62M	1.64M	1.67M
Basic Shares Outstanding	135.92K	136.12K	135.37K	164.67K	211.53K	732.8K	1.59M	1.62M	1.64M	1.67M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Total Current Assets+	22.92M	13.66M	4.28M	2.72M	4.67M	65.11M	54.95M	44.71M	34.73M	21.98M
Cash & Short-Term Investments	21.5M	13.08M	4.1M	1.59M	3.35M	63.29M	52.63M	42.13M	31.92M	18.21M
Cash Only	4.4M	2.18M	552K	1.59M	3.35M	35.94M	26.45M	14.21M	10.44M	3.1M
Short-Term Investments	17.1M	10.9M	3.55M	0	0	27.35M	26.17M	27.92M	21.47M	15.11M
Accounts Receivable	607K	146K	12K	432K	530K	5K	58K	225K	77K	485K
Days Sales Outstanding	82.95	22.89	50.93	1.24K	396.41	5.46	24.36	109.5	16.89	168.76
Inventory	496K	166K	7K	331K	676K	1.5M	1.52M	2M	2.47M	2.93M
Days Inventory Outstanding	77.63	46.86	70.97	1.34K	549.53	1.84K	818.42	1.64K	989.06	1.86K
Other Current Assets	0	0	154K	0	0	0	0	1K	0	0
Total Non-Current Assets+	7.6M	5.17M	864K	970K	1.26M	523K	1.27M	2.96M	2.91M	5.01M
Property, Plant & Equipment	3.39M	3.18M	733K	469K	1.19M	512K	1.26M	2.93M	2.88M	4.62M
Fixed Asset Turnover	0.79x	0.73x	0.12x	0.27x	0.41x	0.65x	0.69x	0.26x	0.58x	0.23x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	48K
Long-Term Investments	4.21M	1.99M	50K	0	0	0	0	0	0	0
Other Non-Current Assets	0	0	81K	501K	71K	11K	11K	30K	30K	346K
Total Assets+	30.52M	18.84M	5.14M	3.69M	5.93M	65.63M	56.22M	47.67M	37.64M	26.99M
Asset Turnover	0.09x	0.12x	0.02x	0.03x	0.08x	0.01x	0.02x	0.02x	0.04x	0.04x
Asset Growth %	-0.31%	-0.38%	-0.73%	-0.28%	0.61%	10.07%	-0.14%	-0.15%	-0.21%	-0.28%
Total Current Liabilities+	1.8M	1.81M	960K	838K	4.35M	4.21M	2.68M	2.67M	2.53M	2.45M
Accounts Payable	237K	259K	112K	160K	239K	396K	169K	546K	373K	1.07M
Days Payables Outstanding	37.09	73.11	1.14K	648.89	194.29	485.03	91.12	448.85	149.12	677.86
Short-Term Debt	0	0	0	0	2.71M	2.5M	500K	0	0	0
Deferred Revenue (Current)	54K	0	0	0	0	0	0	0	0	0
Other Current Liabilities	509K	643K	434K	357K	627K	18K	961K	88K	184K	197K
Current Ratio	12.74x	7.55x	4.45x	3.25x	1.07x	15.46x	20.49x	16.78x	13.74x	8.97x
Quick Ratio	12.46x	7.46x	4.45x	2.85x	0.92x	15.11x	19.92x	16.03x	12.76x	7.77x
Cash Conversion Cycle	123.49	-3.36	-1.01K	1.94K	751.66	1.36K	751.67	1.3K	856.83	1.35K
Total Non-Current Liabilities+	96K	256K	188K	146K	955K	215K	303K	291K	305K	2.44M
Long-Term Debt	0	0	0	0	332K	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	623K	215K	303K	291K	73K	2.27M
Deferred Tax Liabilities	0	0	298K	0	0	0	0	0	0	0
Other Non-Current Liabilities	96K	256K	188K	146K	0	-1	0	0	232K	164K
Total Liabilities	1.9M	2.06M	1.15M	984K	5.3M	4.43M	2.98M	2.96M	2.83M	4.89M
Total Debt+	0	0	0	0	4M	2.8M	1.04M	607K	300K	2.68M
Net Debt	-4.4M	-2.18M	-552K	-1.59M	655K	-33.14M	-25.42M	-13.6M	-10.14M	-421K
Debt / Equity	-	-	-	-	6.41x	0.05x	0.02x	0.01x	0.01x	0.12x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-41.19x	-33.66x	-32.43x	-	-	-
Total Equity+	28.63M	16.77M	3.99M	2.71M	625K	61.21M	53.24M	44.72M	34.81M	22.1M
Equity Growth %	-0.31%	-0.41%	-0.76%	-0.32%	-0.77%	96.93%	-0.13%	-0.16%	-0.22%	-0.37%
Book Value per Share	210.62	123.19	29.49	16.45	2.95	83.52	33.48	27.60	21.25	13.27
Total Shareholders' Equity	28.67M	16.77M	3.99M	2.71M	625K	61.21M	53.24M	44.72M	34.81M	22.1M
Common Stock	189.29M	190.38M	190.57M	190.57M	190.6M	190.64M	190.64M	190.64M	190.64M	190.64M
Retained Earnings	-159.12M	-170.91M	-184.16M	-191.7M	-199.78M	-207.38M	-215.71M	-225.35M	-237.02M	-250.87M
Treasury Stock	-2.83M	-4.12M	-4.13M	-4.13M	-4.13M	0	0	-119K	-119K	-119K
Accumulated OCI	-101K	-61K	-31K	0	0	-23K	-1.2M	-1.45M	-1.18M	-864K
Minority Interest	-40K	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	-13.32M	-8.82M	-10.78M	-8.47M	-6.93M	-7.41M	-6.79M	-7.63M	-9.72M	-12.95M
Operating CF Margin %	-4.99%	-3.79%	-125.4%	-66.73%	-14.2%	-22.19%	-7.82%	-10.17%	-5.84%	-12.35%
Operating CF Growth %	-0.23%	0.34%	-0.22%	0.21%	0.18%	-0.07%	0.08%	-0.12%	-0.28%	-0.33%
Net Income	-13.43M	-11.76M	-13.25M	-7.53M	-8.31M	-7.6M	-8.33M	-9.64M	-11.67M	-13.85M
Depreciation & Amortization	572K	731K	765K	268K	533K	203K	236K	489K	874K	1.16M
Stock-Based Compensation	551K	1.13M	450K	305K	348K	626K	1.53M	1.5M	1.48M	830K
Deferred Taxes	339K	174K	0	-429K	0	0	0	25K	0	0
Other Non-Cash Items	-339K	-114K	1.82M	31K	0	-369K	13K	15K	13K	299K
Working Capital Changes	-1.01M	1.01M	-565K	-1.12M	499K	-267K	-246K	-10K	-424K	-1.39M
Change in Receivables	42K	10K	134K	9K	-98K	96K	-53K	-169K	148K	-408K
Change in Inventory	-641K	453K	0	-324K	-345K	-824K	-18K	-477K	-479K	-455K
Change in Payables	-161K	22K	-147K	48K	79K	157K	-227K	377K	-173K	693K
Cash from Investing+	15.53M	7.88M	9.16M	3.6M	0	-27.59M	-596K	-3.84M	6.14M	5.79M
Capital Expenditures	-809K	-499K	-19K	0	0	-211K	-596K	-1.84M	-579K	-833K
CapEx % of Revenue	0.3%	0.21%	0.22%	-	-	0.63%	0.69%	2.46%	0.35%	0.79%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	6.1M	8.38M	9.18M	3.6M	0	0	0	3.14M	0	-50K
Cash from Financing+	-140K	-1.27M	-7K	5.91M	8.69M	67.58M	-2.1M	-776K	-181K	-185K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	16K	18K	0	7K	0	12K	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-14.13M	-9.32M	-10.8M	-8.47M	-6.93M	-7.62M	-7.39M	-9.47M	-10.3M	-13.79M
FCF Margin %	-5.29%	-4%	-125.62%	-66.73%	-14.2%	-22.82%	-8.5%	-12.63%	-6.19%	-13.14%
FCF Growth %	-0.08%	0.34%	-0.16%	0.22%	0.18%	-0.1%	0.03%	-0.28%	-0.09%	-0.34%
FCF per Share	-103.98	-68.46	-79.81	-51.47	-32.77	-10.40	-4.65	-5.85	-6.29	-8.28
FCF Conversion (FCF/Net Income)	1.02x	0.76x	0.81x	1.12x	0.83x	0.97x	0.82x	0.79x	0.83x	0.94x
Interest Paid	0	0	0	0	0	0	515K	69K	26K	0
Taxes Paid	198K	0	0	0	0	0	0	2K	2K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-37.23%	-51.03%	-127.65%	-224.9%	-498.71%	-24.59%	-14.56%	-19.69%	-29.34%	-48.68%
Return on Invested Capital (ROIC)	-32.62%	-46.61%	-110.98%	-276.88%	-507.13%	-40.43%	-23.07%	-28.15%	-35.71%	-47.69%
Gross Margin	12.69%	44.46%	58.14%	29.13%	7.99%	10.78%	22.09%	40.8%	45.13%	45.28%
Net Margin	-490.27%	-497.51%	-15408.14%	-5932.28%	-1703.07%	-2276.35%	-958.57%	-1285.6%	-701.08%	-1320.31%
Debt / Equity	-	-	-	-	6.41x	0.05x	0.02x	0.01x	0.01x	0.12x
Interest Coverage	-	-	-	-	-41.19x	-33.66x	-32.43x	-	-	-
FCF Conversion	1.02x	0.76x	0.81x	1.12x	0.83x	0.97x	0.82x	0.79x	0.83x	0.94x
Revenue Growth	420.66%	-12.84%	-96.31%	47.67%	284.25%	-31.56%	160.18%	-13.69%	121.87%	-36.96%

Revenue by Segment

	2012	2013	2014	2016	2017	2018	2019	2020	2021	2025
Product	-	-	-	-	-	-	-	-	-	804K
Product Growth	-	-	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	-	-	-	-	130K
Service Growth	-	-	-	-	-	-	-	-	-	-
Grant	-	-	-	-	-	-	-	-	-	115K
Grant Growth	-	-	-	-	-	-	-	-	-	-
First Detect Corporation	-	-	-	-	-	-	87K	488K	334K	-
First Detect Corporation Growth	-	-	-	-	-	-	-	460.92%	-31.56%	-
Astral Images Corporation	-	-	-	-	-	-	40K	-	-	-
Astral Images Corporation Growth	-	-	-	-	-	-	-	-	-	-
Astro Scientific	-	-	-	2.67M	2.32M	46K	-	-	-	-
Astro Scientific Growth	-	-	-	-	-13.11%	-98.02%	-	-	-	-
Astral Images Inc	-	-	-	-	-	40K	-	-	-	-
Astral Images Inc Growth	-	-	-	-	-	-	-	-	-	-
Astral Images, Inc	-	-	-	1K	8K	-	-	-	-	-
Astral Images, Inc Growth	-	-	-	-	700.00%	-	-	-	-	-
ASO	25.82M	23.86M	16.29M	-	-	-	-	-	-	-
ASO Growth	-	-7.57%	-31.72%	-	-	-	-	-	-	-
Spacetech	321K	133K	130K	-	-	-	-	-	-	-
Spacetech Growth	-	-58.57%	-2.26%	-	-	-	-	-	-	-

Revenue by Geography

	2012	2013	2014	2016	2017	2018	2019	2020	2021	2025
UNITED STATES	-	-	-	-	-	-	-	-	-	730K
UNITED STATES Growth	-	-	-	-	-	-	-	-	-	-
Non-US	-	-	-	-	-	-	-	-	-	319K
Non-US Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Astrotech Corporation (ASTC) reported $1.3M in revenue for fiscal year 2025. This represents a 95% decrease from $26.1M in 2012.

Astrotech Corporation (ASTC) saw revenue decline by 37.0% over the past year.

Astrotech Corporation (ASTC) reported a net loss of $14.0M for fiscal year 2025.

Dividend & Returns

Astrotech Corporation (ASTC) has a return on equity (ROE) of -48.7%. Negative ROE indicates the company is unprofitable.

Astrotech Corporation (ASTC) had negative free cash flow of $14.3M in fiscal year 2025, likely due to heavy capital investments.

US Stock Screener

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Astrotech Corporation (ASTC) 10-Year Financial Performance & Capital Metrics

ASTC • • Industrial / General

IndustrialsAerospace & DefenseDefense Electronics & Mission SystemsElectronic Warfare & C4ISR

Revenue $1M -37.0%
EBITDA -$14M -9.4%
Net Income -$14M -18.7%
EPS (Diluted) -8.32 -16.9%
Gross Margin 45.28% +0.3%
EBITDA Margin -1294.38% -73.6%
Operating Margin -1404.58% -76.0%
Net Margin -1320.31% -88.3%
ROE -48.68% -65.9%
ROIC -47.69% -33.5%
Debt/Equity 0.12 +1306.5%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 16.5%
✓Trading at only 0.3x book value

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 16 (bottom 16%)
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y7.42%

5Y16.54%

3Y6.48%

TTM3.06%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-16.66%

EPS CAGR

10Y-

5Y-

3Y-

TTM-15.89%

ROCE

10Y Avg-96.81%

5Y Avg-29.01%

3Y Avg-35%

Latest-49.4%

Peer Comparison

Electronic Warfare & C4ISR

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ESLTElbit Systems Ltd.	32.49B	699.50	97.42	14.3%	5.92%	11.57%	0.98%	0.42
DRSLeonardo DRS, Inc.	10.87B	40.85	51.06	14.44%	7.42%	10.01%	1.71%	0.18
LHXL3Harris Technologies, Inc.	63.83B	341.24	43.36	9.82%	8.09%	9.01%	3.37%	0.66
CODACoda Octopus Group, Inc.	134.87M	11.99	37.47	4.98%	14.09%	7.18%	1.38%	0.01
OPXSOptex Systems Holdings, Inc	104.68M	15.09	20.39	1214.97%	12.45%	21.19%	100%	0.08
ASTCAstrotech Corporation	6.35M	3.61	-0.43	-36.96%	-10.7%	-73.54%		0.12
VWAVVisionWave Holdings, Inc.	224.02M	13.58	-61.73			-6.24%
MRCYMercury Systems, Inc.	5.96B	99.14	-152.52	9.19%	-7.86%	-4.64%	2%	0.44

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Sales/Revenue+	2.67M	2.33M	86K	127K	488K	334K	869K	750K	1.66M	1.05M
Revenue Growth %	4.21%	-0.13%	-0.96%	0.48%	2.84%	-0.32%	1.6%	-0.14%	1.22%	-0.37%
Cost of Goods Sold+	2.33M	1.29M	36K	90K	449K	298K	677K	444K	913K	574K
COGS % of Revenue	0.87%	0.56%	0.42%	0.71%	0.92%	0.89%	0.78%	0.59%	0.55%	0.55%
Gross Profit+	339K	1.03M	50K	37K	39K	36K	192K	306K	751K	475K
Gross Margin %	0.13%	0.44%	0.58%	0.29%	0.08%	0.11%	0.22%	0.41%	0.45%	0.45%
Gross Profit Growth %	2.81%	2.05%	-0.95%	-0.26%	0.05%	-0.08%	4.33%	0.59%	1.45%	-0.37%
Operating Expenses+	14.18M	13.1M	11.69M	8.45M	8.15M	7.95M	8.79M	11.37M	14.03M	15.21M
OpEx % of Revenue	5.31%	5.63%	135.98%	66.57%	16.71%	23.79%	10.11%	15.15%	8.43%	14.5%
Selling, General & Admin	7.71M	7.51M	5.63M	4.88M	4.72M	4.74M	6.01M	5.78M	7.24M	7.07M
SG&A % of Revenue	2.89%	3.23%	65.45%	38.39%	9.66%	14.19%	6.91%	7.7%	4.35%	6.74%
Research & Development	6.47M	5.59M	6.07M	3.58M	3.44M	2.69M	2.78M	5.59M	6.79M	8.14M
R&D % of Revenue	2.42%	2.4%	70.52%	28.17%	7.04%	8.06%	3.2%	7.45%	4.08%	7.76%
Other Operating Expenses	0	0	0	0	0	513K	0	0	0	0
Operating Income+	-13.84M	-12.06M	-13.34M	-8.42M	-8.11M	-7.91M	-8.6M	-11.06M	-13.28M	-14.73M
Operating Margin %	-5.18%	-5.18%	-155.08%	-66.28%	-16.63%	-23.68%	-9.89%	-14.75%	-7.98%	-14.05%
Operating Income Growth %	0.14%	0.13%	-0.11%	0.37%	0.04%	0.03%	-0.09%	-0.29%	-0.2%	-0.11%
EBITDA+	-13.27M	-11.33M	-12.57M	-8.15M	-7.92M	-7.71M	-8.36M	-10.57M	-12.41M	-13.58M
EBITDA Margin %	-4.97%	-4.87%	-146.19%	-64.17%	-16.24%	-23.07%	-9.62%	-14.09%	-7.46%	-12.94%
EBITDA Growth %	0.16%	0.15%	-0.11%	0.35%	0.03%	0.03%	-0.08%	-0.26%	-0.17%	-0.09%
D&A (Non-Cash Add-back)	572K	731K	765K	268K	189K	203K	236K	489K	874K	1.16M
EBIT	-13.84M	-12.06M	-11.64M	-8.42M	-8.11M	-7.4M	-8.6M	-11.06M	-13.28M	-13.85M
Net Interest Income+	379K	306K	86K	25K	-197K	-235K	-265K	0	0	0
Interest Income	379K	306K	86K	25K	0	0	0	0	0	0
Interest Expense	0	0	0	0	197K	235K	265K	0	0	0
Other Income/Expense	379K	306K	86K	25K	-197K	307K	265K	1.42M	1.62M	886K
Pretax Income+	-13.46M	-11.75M	-13.25M	-8.39M	-8.31M	-7.6M	-8.33M	-9.64M	-11.66M	-13.85M
Pretax Margin %	-5.04%	-5.05%	-154.08%	-66.08%	-17.03%	-22.76%	-9.59%	-12.86%	-7.01%	-13.2%
Income Tax+	-25K	2K	86K	-858K	0	0	0	0	2K	2K
Effective Tax Rate %	0.97%	0.99%	1%	0.9%	1%	1%	1%	1%	1%	1%
Net Income+	-13.1M	-11.58M	-13.25M	-7.53M	-8.31M	-7.6M	-8.33M	-9.64M	-11.67M	-13.85M
Net Margin %	-4.9%	-4.98%	-154.08%	-59.32%	-17.03%	-22.76%	-9.59%	-12.86%	-7.01%	-13.2%
Net Income Growth %	-2.21%	0.12%	-0.14%	0.43%	-0.1%	0.09%	-0.1%	-0.16%	-0.21%	-0.19%
Net Income (Continuing)	-13.43M	-11.76M	-13.25M	-7.53M	-8.31M	-7.6M	-8.33M	-9.64M	-11.67M	-13.85M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	-40K	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-96.34	-85.08	-97.89	-45.75	-40.22	-10.38	-5.24	-5.95	-7.12	-8.32
EPS Growth %	-2.24%	0.12%	-0.15%	0.53%	0.12%	0.74%	0.5%	-0.14%	-0.2%	-0.17%
EPS (Basic)	-96.34	-85.09	-97.89	-45.75	-40.22	-10.38	-5.24	-5.95	-7.12	-8.32
Diluted Shares Outstanding	135.92K	136.13K	135.37K	164.67K	211.53K	732.8K	1.59M	1.62M	1.64M	1.67M
Basic Shares Outstanding	135.92K	136.12K	135.37K	164.67K	211.53K	732.8K	1.59M	1.62M	1.64M	1.67M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Total Current Assets+	22.92M	13.66M	4.28M	2.72M	4.67M	65.11M	54.95M	44.71M	34.73M	21.98M
Cash & Short-Term Investments	21.5M	13.08M	4.1M	1.59M	3.35M	63.29M	52.63M	42.13M	31.92M	18.21M
Cash Only	4.4M	2.18M	552K	1.59M	3.35M	35.94M	26.45M	14.21M	10.44M	3.1M
Short-Term Investments	17.1M	10.9M	3.55M	0	0	27.35M	26.17M	27.92M	21.47M	15.11M
Accounts Receivable	607K	146K	12K	432K	530K	5K	58K	225K	77K	485K
Days Sales Outstanding	82.95	22.89	50.93	1.24K	396.41	5.46	24.36	109.5	16.89	168.76
Inventory	496K	166K	7K	331K	676K	1.5M	1.52M	2M	2.47M	2.93M
Days Inventory Outstanding	77.63	46.86	70.97	1.34K	549.53	1.84K	818.42	1.64K	989.06	1.86K
Other Current Assets	0	0	154K	0	0	0	0	1K	0	0
Total Non-Current Assets+	7.6M	5.17M	864K	970K	1.26M	523K	1.27M	2.96M	2.91M	5.01M
Property, Plant & Equipment	3.39M	3.18M	733K	469K	1.19M	512K	1.26M	2.93M	2.88M	4.62M
Fixed Asset Turnover	0.79x	0.73x	0.12x	0.27x	0.41x	0.65x	0.69x	0.26x	0.58x	0.23x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	48K
Long-Term Investments	4.21M	1.99M	50K	0	0	0	0	0	0	0
Other Non-Current Assets	0	0	81K	501K	71K	11K	11K	30K	30K	346K
Total Assets+	30.52M	18.84M	5.14M	3.69M	5.93M	65.63M	56.22M	47.67M	37.64M	26.99M
Asset Turnover	0.09x	0.12x	0.02x	0.03x	0.08x	0.01x	0.02x	0.02x	0.04x	0.04x
Asset Growth %	-0.31%	-0.38%	-0.73%	-0.28%	0.61%	10.07%	-0.14%	-0.15%	-0.21%	-0.28%
Total Current Liabilities+	1.8M	1.81M	960K	838K	4.35M	4.21M	2.68M	2.67M	2.53M	2.45M
Accounts Payable	237K	259K	112K	160K	239K	396K	169K	546K	373K	1.07M
Days Payables Outstanding	37.09	73.11	1.14K	648.89	194.29	485.03	91.12	448.85	149.12	677.86
Short-Term Debt	0	0	0	0	2.71M	2.5M	500K	0	0	0
Deferred Revenue (Current)	54K	0	0	0	0	0	0	0	0	0
Other Current Liabilities	509K	643K	434K	357K	627K	18K	961K	88K	184K	197K
Current Ratio	12.74x	7.55x	4.45x	3.25x	1.07x	15.46x	20.49x	16.78x	13.74x	8.97x
Quick Ratio	12.46x	7.46x	4.45x	2.85x	0.92x	15.11x	19.92x	16.03x	12.76x	7.77x
Cash Conversion Cycle	123.49	-3.36	-1.01K	1.94K	751.66	1.36K	751.67	1.3K	856.83	1.35K
Total Non-Current Liabilities+	96K	256K	188K	146K	955K	215K	303K	291K	305K	2.44M
Long-Term Debt	0	0	0	0	332K	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	623K	215K	303K	291K	73K	2.27M
Deferred Tax Liabilities	0	0	298K	0	0	0	0	0	0	0
Other Non-Current Liabilities	96K	256K	188K	146K	0	-1	0	0	232K	164K
Total Liabilities	1.9M	2.06M	1.15M	984K	5.3M	4.43M	2.98M	2.96M	2.83M	4.89M
Total Debt+	0	0	0	0	4M	2.8M	1.04M	607K	300K	2.68M
Net Debt	-4.4M	-2.18M	-552K	-1.59M	655K	-33.14M	-25.42M	-13.6M	-10.14M	-421K
Debt / Equity	-	-	-	-	6.41x	0.05x	0.02x	0.01x	0.01x	0.12x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-41.19x	-33.66x	-32.43x	-	-	-
Total Equity+	28.63M	16.77M	3.99M	2.71M	625K	61.21M	53.24M	44.72M	34.81M	22.1M
Equity Growth %	-0.31%	-0.41%	-0.76%	-0.32%	-0.77%	96.93%	-0.13%	-0.16%	-0.22%	-0.37%
Book Value per Share	210.62	123.19	29.49	16.45	2.95	83.52	33.48	27.60	21.25	13.27
Total Shareholders' Equity	28.67M	16.77M	3.99M	2.71M	625K	61.21M	53.24M	44.72M	34.81M	22.1M
Common Stock	189.29M	190.38M	190.57M	190.57M	190.6M	190.64M	190.64M	190.64M	190.64M	190.64M
Retained Earnings	-159.12M	-170.91M	-184.16M	-191.7M	-199.78M	-207.38M	-215.71M	-225.35M	-237.02M	-250.87M
Treasury Stock	-2.83M	-4.12M	-4.13M	-4.13M	-4.13M	0	0	-119K	-119K	-119K
Accumulated OCI	-101K	-61K	-31K	0	0	-23K	-1.2M	-1.45M	-1.18M	-864K
Minority Interest	-40K	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	-13.32M	-8.82M	-10.78M	-8.47M	-6.93M	-7.41M	-6.79M	-7.63M	-9.72M	-12.95M
Operating CF Margin %	-4.99%	-3.79%	-125.4%	-66.73%	-14.2%	-22.19%	-7.82%	-10.17%	-5.84%	-12.35%
Operating CF Growth %	-0.23%	0.34%	-0.22%	0.21%	0.18%	-0.07%	0.08%	-0.12%	-0.28%	-0.33%
Net Income	-13.43M	-11.76M	-13.25M	-7.53M	-8.31M	-7.6M	-8.33M	-9.64M	-11.67M	-13.85M
Depreciation & Amortization	572K	731K	765K	268K	533K	203K	236K	489K	874K	1.16M
Stock-Based Compensation	551K	1.13M	450K	305K	348K	626K	1.53M	1.5M	1.48M	830K
Deferred Taxes	339K	174K	0	-429K	0	0	0	25K	0	0
Other Non-Cash Items	-339K	-114K	1.82M	31K	0	-369K	13K	15K	13K	299K
Working Capital Changes	-1.01M	1.01M	-565K	-1.12M	499K	-267K	-246K	-10K	-424K	-1.39M
Change in Receivables	42K	10K	134K	9K	-98K	96K	-53K	-169K	148K	-408K
Change in Inventory	-641K	453K	0	-324K	-345K	-824K	-18K	-477K	-479K	-455K
Change in Payables	-161K	22K	-147K	48K	79K	157K	-227K	377K	-173K	693K
Cash from Investing+	15.53M	7.88M	9.16M	3.6M	0	-27.59M	-596K	-3.84M	6.14M	5.79M
Capital Expenditures	-809K	-499K	-19K	0	0	-211K	-596K	-1.84M	-579K	-833K
CapEx % of Revenue	0.3%	0.21%	0.22%	-	-	0.63%	0.69%	2.46%	0.35%	0.79%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	6.1M	8.38M	9.18M	3.6M	0	0	0	3.14M	0	-50K
Cash from Financing+	-140K	-1.27M	-7K	5.91M	8.69M	67.58M	-2.1M	-776K	-181K	-185K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	16K	18K	0	7K	0	12K	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-14.13M	-9.32M	-10.8M	-8.47M	-6.93M	-7.62M	-7.39M	-9.47M	-10.3M	-13.79M
FCF Margin %	-5.29%	-4%	-125.62%	-66.73%	-14.2%	-22.82%	-8.5%	-12.63%	-6.19%	-13.14%
FCF Growth %	-0.08%	0.34%	-0.16%	0.22%	0.18%	-0.1%	0.03%	-0.28%	-0.09%	-0.34%
FCF per Share	-103.98	-68.46	-79.81	-51.47	-32.77	-10.40	-4.65	-5.85	-6.29	-8.28
FCF Conversion (FCF/Net Income)	1.02x	0.76x	0.81x	1.12x	0.83x	0.97x	0.82x	0.79x	0.83x	0.94x
Interest Paid	0	0	0	0	0	0	515K	69K	26K	0
Taxes Paid	198K	0	0	0	0	0	0	2K	2K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-37.23%	-51.03%	-127.65%	-224.9%	-498.71%	-24.59%	-14.56%	-19.69%	-29.34%	-48.68%
Return on Invested Capital (ROIC)	-32.62%	-46.61%	-110.98%	-276.88%	-507.13%	-40.43%	-23.07%	-28.15%	-35.71%	-47.69%
Gross Margin	12.69%	44.46%	58.14%	29.13%	7.99%	10.78%	22.09%	40.8%	45.13%	45.28%
Net Margin	-490.27%	-497.51%	-15408.14%	-5932.28%	-1703.07%	-2276.35%	-958.57%	-1285.6%	-701.08%	-1320.31%
Debt / Equity	-	-	-	-	6.41x	0.05x	0.02x	0.01x	0.01x	0.12x
Interest Coverage	-	-	-	-	-41.19x	-33.66x	-32.43x	-	-	-
FCF Conversion	1.02x	0.76x	0.81x	1.12x	0.83x	0.97x	0.82x	0.79x	0.83x	0.94x
Revenue Growth	420.66%	-12.84%	-96.31%	47.67%	284.25%	-31.56%	160.18%	-13.69%	121.87%	-36.96%

Revenue by Segment

	2012	2013	2014	2016	2017	2018	2019	2020	2021	2025
Product	-	-	-	-	-	-	-	-	-	804K
Product Growth	-	-	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	-	-	-	-	130K
Service Growth	-	-	-	-	-	-	-	-	-	-
Grant	-	-	-	-	-	-	-	-	-	115K
Grant Growth	-	-	-	-	-	-	-	-	-	-
First Detect Corporation	-	-	-	-	-	-	87K	488K	334K	-
First Detect Corporation Growth	-	-	-	-	-	-	-	460.92%	-31.56%	-
Astral Images Corporation	-	-	-	-	-	-	40K	-	-	-
Astral Images Corporation Growth	-	-	-	-	-	-	-	-	-	-
Astro Scientific	-	-	-	2.67M	2.32M	46K	-	-	-	-
Astro Scientific Growth	-	-	-	-	-13.11%	-98.02%	-	-	-	-
Astral Images Inc	-	-	-	-	-	40K	-	-	-	-
Astral Images Inc Growth	-	-	-	-	-	-	-	-	-	-
Astral Images, Inc	-	-	-	1K	8K	-	-	-	-	-
Astral Images, Inc Growth	-	-	-	-	700.00%	-	-	-	-	-
ASO	25.82M	23.86M	16.29M	-	-	-	-	-	-	-
ASO Growth	-	-7.57%	-31.72%	-	-	-	-	-	-	-
Spacetech	321K	133K	130K	-	-	-	-	-	-	-
Spacetech Growth	-	-58.57%	-2.26%	-	-	-	-	-	-	-

Revenue by Geography

	2012	2013	2014	2016	2017	2018	2019	2020	2021	2025
UNITED STATES	-	-	-	-	-	-	-	-	-	730K
UNITED STATES Growth	-	-	-	-	-	-	-	-	-	-
Non-US	-	-	-	-	-	-	-	-	-	319K
Non-US Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Astrotech Corporation (ASTC) reported $1.3M in revenue for fiscal year 2025. This represents a 95% decrease from $26.1M in 2012.

Astrotech Corporation (ASTC) saw revenue decline by 37.0% over the past year.

Astrotech Corporation (ASTC) reported a net loss of $14.0M for fiscal year 2025.

Dividend & Returns

Astrotech Corporation (ASTC) has a return on equity (ROE) of -48.7%. Negative ROE indicates the company is unprofitable.

Astrotech Corporation (ASTC) had negative free cash flow of $14.3M in fiscal year 2025, likely due to heavy capital investments.