Charles & Colvard, Ltd. (CTHR) 10-Year Financial Performance & Capital Metrics

CTHR • • Industrial / General

Consumer CyclicalLuxury GoodsFine Jewelry RetailersJewelry Manufacturers & Wholesalers

AboutCharles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name. It also markets and distributes lab grown diamonds, and finished jewelry with lab grown diamonds under the Caydia brand. The company sells its products at wholesale prices to distributors, manufacturers, retailers, and designers; and to end-consumers at retail prices through charlesandcolvard.com, third-party online marketplaces, drop-ship, and other e-commerce outlets. Charles & Colvard, Ltd. was founded in 1995 and is headquartered in Morrisville, North Carolina.Show more

Revenue $22M -26.7%
EBITDA -$15M -11.0%
Net Income -$14M +26.6%
EPS (Diluted) -4.73 +26.7%
Gross Margin 23.65% +49.6%
EBITDA Margin -67.37% -51.4%
Operating Margin -66.52% -42.5%
Net Margin -65.42%
ROE -43.91% -11.4%
ROIC -37.66% -43.4%
Debt/Equity 0.17 +133.4%
Interest Coverage -253.06

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.0x book value

✗Weaknesses

✗Negative free cash flow
✗Weak momentum: RS Rating 7 (bottom 7%)
✗Sales declining 7.4% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-2.57%

5Y-7.4%

3Y-17.59%

TTM-33.51%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM34.57%

EPS CAGR

10Y-

5Y-

3Y-

TTM35.71%

ROCE

10Y Avg-11.67%

5Y Avg-13.6%

3Y Avg-21.54%

Latest-42.54%

Peer Comparison

Jewelry Manufacturers & Wholesalers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CTHRCharles & Colvard, Ltd.	894.29K	0.20	-0.04	-26.68%	-76%	-62.7%		0.17

Profit & Loss

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Sales/Revenue+	25.64M	30.77M	29.17M	27.03M	32.24M	29.19M	39.24M	43.09M	29.95M	21.96M
Revenue Growth %	-0.1%	0.2%	-0.05%	-0.07%	0.19%	-0.09%	0.34%	0.1%	-0.31%	-0.27%
Cost of Goods Sold+	18.01M	20.55M	20.4M	15.47M	17.35M	21.2M	20.81M	22.85M	25.21M	16.76M
COGS % of Revenue	0.7%	0.67%	0.7%	0.57%	0.54%	0.73%	0.53%	0.53%	0.84%	0.76%
Gross Profit+	7.63M	10.21M	8.77M	11.56M	14.89M	7.99M	18.43M	20.24M	4.73M	5.19M
Gross Margin %	0.3%	0.33%	0.3%	0.43%	0.46%	0.27%	0.47%	0.47%	0.16%	0.24%
Gross Profit Growth %	-0.45%	0.34%	-0.14%	0.32%	0.29%	-0.46%	1.31%	0.1%	-0.77%	0.1%
Operating Expenses+	16.66M	19.76M	12.59M	12.17M	12.63M	14.3M	12.92M	17.37M	18.71M	19.8M
OpEx % of Revenue	0.65%	0.64%	0.43%	0.45%	0.39%	0.49%	0.33%	0.4%	0.62%	0.9%
Selling, General & Admin	16.64M	19.75M	12.58M	12.17M	12.62M	14.3M	12.92M	17.37M	18.71M	18.32M
SG&A % of Revenue	0.65%	0.64%	0.43%	0.45%	0.39%	0.49%	0.33%	0.4%	0.62%	0.83%
Research & Development	18.07K	17.8K	2.85K	3.71K	2.07K	0	0	0	0	0
R&D % of Revenue	0%	0%	0%	0%	0%	-	-	-	-	-
Other Operating Expenses	0	0	0	0	-13	0	0	0	0	1.47M
Operating Income+	-9.04M	-9.55M	-3.94M	-608.54K	2.27M	-6.32M	5.51M	2.87M	-13.98M	-14.61M
Operating Margin %	-0.35%	-0.31%	-0.13%	-0.02%	0.07%	-0.22%	0.14%	0.07%	-0.47%	-0.67%
Operating Income Growth %	-4.72%	-0.06%	0.59%	0.85%	4.72%	-3.79%	1.87%	-0.48%	-5.86%	-0.05%
EBITDA+	-7.94M	-8.69M	-3.38M	-186.53K	2.75M	-5.83M	6.08M	3.35M	-13.32M	-14.79M
EBITDA Margin %	-0.31%	-0.28%	-0.12%	-0.01%	0.09%	-0.2%	0.15%	0.08%	-0.44%	-0.67%
EBITDA Growth %	-10.06%	-0.09%	0.61%	0.94%	15.73%	-3.12%	2.04%	-0.45%	-4.97%	-0.11%
D&A (Non-Cash Add-back)	1.11M	863.35K	557.39K	422.02K	481.32K	490.24K	567.12K	479.31K	653.16K	-185.28K
EBIT	-9.04M	-5.06M	-3.94M	-425.33K	2.28M	-6.16M	6.49M	2.87M	-13.68M	-14.42M
Net Interest Income+	-836	-10.35K	-1.74K	-541	8.82K	157.21K	-3.37K	19.28K	297.26K	243K
Interest Income	65	11	0	0	11.02K	158.09K	5.58K	19.28K	297.26K	300.72K
Interest Expense	901	10.36K	1.74K	541	2.2K	884	8.95K	0	0	57.72K
Other Income/Expense	-836	-10.22K	-1.74K	182.68K	8.47K	155.38K	970.35K	19.24K	297.26K	243K
Pretax Income+	-9.05M	-9.56M	-3.94M	-425.87K	2.27M	-6.16M	6.48M	2.89M	-13.68M	-14.36M
Pretax Margin %	-0.35%	-0.31%	-0.14%	-0.02%	0.07%	-0.21%	0.17%	0.07%	-0.46%	-0.65%
Income Tax+	4.05M	12.82K	13.48K	27.61K	-1.44K	1.73K	-6.33M	518.53K	5.9M	0
Effective Tax Rate %	1.45%	1%	1.15%	1.06%	1%	1%	1.98%	0.82%	1.43%	1%
Net Income+	-13.1M	-9.57M	-4.53M	-453.48K	2.28M	-6.16M	12.81M	2.37M	-19.58M	-14.36M
Net Margin %	-0.51%	-0.31%	-0.16%	-0.02%	0.07%	-0.21%	0.33%	0.06%	-0.65%	-0.65%
Net Income Growth %	-9.14%	0.27%	0.53%	0.9%	6.02%	-3.71%	3.08%	-0.81%	-9.25%	0.27%
Net Income (Continuing)	-13.1M	-5.09M	-3.95M	-453.48K	2.28M	-6.16M	12.81M	2.37M	-19.58M	-14.36M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-6.50	-2.50	-1.90	-0.39	1.00	-2.20	4.20	0.76	-6.45	-4.73
EPS Growth %	-9%	0.62%	0.24%	0.79%	3.56%	-3.2%	2.91%	-0.82%	-9.49%	0.27%
EPS (Basic)	-1.15	-2.49	-1.89	-0.36	1.04	-2.15	4.40	0.78	-6.45	-4.73
Diluted Shares Outstanding	2.03M	2.04M	2.09M	2.13M	2.21M	2.86M	3.02M	3.13M	3.04M	3.03M
Basic Shares Outstanding	11.42M	3.83M	2.38M	1.95M	2.28M	2.8M	3.05M	3.04M	3.04M	3.03M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Total Current Assets+	24.03M	24.38M	20.67M	20.15M	27.87M	23.91M	35.76M	35.86M	24.58M	18.82M
Cash & Short-Term Investments	5.25M	11.11M	7.43M	4.59M	12.47M	13.99M	21.3M	15.67M	10.45M	4.14M
Cash Only	5.25M	11.11M	7.43M	4.59M	12.47M	13.99M	21.3M	15.67M	10.45M	4.14M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	4.46M	2.23M	2.79M	3.38M	1.96M	670.72K	1.91M	2.47M	630.09K	1.09M
Days Sales Outstanding	63.52	26.44	34.97	45.6	22.21	8.39	17.79	20.93	7.68	18.2
Inventory	13.4M	10.12M	9.77M	11.21M	11.91M	7.44M	11.45M	11.02M	7.48M	7.51M
Days Inventory Outstanding	271.62	179.75	174.8	264.45	250.52	128.15	200.83	176.13	108.23	163.45
Other Current Assets	0	750	0	303.69K	820.06K	913.2K	144.63K	5.51M	5.66M	6.08M
Total Non-Current Assets+	23.21M	17.45M	19.83M	21.08M	23.28M	25M	29.16M	33.34M	24.31M	22.16M
Property, Plant & Equipment	1.66M	1.32M	1.39M	1.24M	1.03M	1.58M	4.83M	4.69M	4.67M	4.32M
Fixed Asset Turnover	15.41x	23.35x	20.97x	21.76x	31.42x	18.44x	8.13x	9.19x	6.41x	5.08x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	172.9K	5.56K	8.81K	8.6K	97.37K	170.15K	209.66K	265.73K	305.7K	370.19K
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	21.38M	16.13M	18.43M	19.83M	22.15M	23.24M	17.77M	22.54M	19.33M	17.47M
Total Assets+	47.24M	41.83M	40.51M	41.23M	51.15M	48.9M	64.92M	69.21M	48.88M	40.98M
Asset Turnover	0.54x	0.74x	0.72x	0.66x	0.63x	0.60x	0.60x	0.62x	0.61x	0.54x
Asset Growth %	-0.24%	-0.11%	-0.03%	0.02%	0.24%	-0.04%	0.33%	0.07%	-0.29%	-0.16%
Total Current Liabilities+	4.83M	4.02M	4.61M	5.45M	4.7M	6.49M	5.62M	6.8M	7.06M	14.13M
Accounts Payable	3.31M	3.06M	3.98M	4.47M	3.28M	3.75M	2.77M	4.4M	4.79M	8.27M
Days Payables Outstanding	67.15	54.39	71.15	105.37	68.98	64.53	48.66	70.32	69.29	180.15
Short-Term Debt	0	0	0	0	0	815.49K	566.08K	856.57K	880.13K	2.3M
Deferred Revenue (Current)	0	0	0	131.39K	0	794.74K	774.89K	452.87K	566.9K	0
Other Current Liabilities	0	183K	130.68K	197.23K	1.35M	415.58K	872.65K	99.58K	-434.17K	2.65M
Current Ratio	4.98x	6.07x	4.49x	3.70x	5.93x	3.69x	6.36x	5.27x	3.48x	1.33x
Quick Ratio	2.20x	3.55x	2.37x	1.64x	3.40x	2.54x	4.32x	3.65x	2.42x	0.80x
Cash Conversion Cycle	267.99	151.8	138.61	204.68	203.75	72	169.96	126.74	46.62	1.5
Total Non-Current Liabilities+	1.18M	1.08M	1.03M	925.12K	729.58K	982.95K	3.61M	2.85M	2.05M	1.2M
Long-Term Debt	0	0	0	0	0	772K	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	203K	3.6M	2.85M	2.05M	1.2M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.18M	1.08M	1.03M	925.12K	729.58K	7.95K	9.88K	0	0	0
Total Liabilities	6M	5.1M	5.64M	6.37M	5.43M	7.47M	9.23M	9.65M	9.11M	15.33M
Total Debt+	0	0	0	0	0	2.41M	4.17M	3.7M	2.93M	4.41M
Net Debt	-5.25M	-11.11M	-7.43M	-4.59M	-12.47M	-11.58M	-17.14M	-11.96M	-7.52M	269K
Debt / Equity	-	-	-	-	-	0.06x	0.07x	0.06x	0.07x	0.17x
Debt / EBITDA	-	-	-	-	-	-	0.69x	1.10x	-	-
Net Debt / EBITDA	-	-	-	-	-4.54x	-	-2.82x	-3.57x	-	-
Interest Coverage	-10037.98x	-921.91x	-2266.45x	-1124.85x	1030.74x	-7144.49x	615.21x	-	-	-253.06x
Total Equity+	41.24M	36.73M	34.87M	34.86M	45.72M	41.44M	55.69M	59.56M	39.77M	25.65M
Equity Growth %	-0.28%	-0.11%	-0.05%	-0%	0.31%	-0.09%	0.34%	0.07%	-0.33%	-0.36%
Book Value per Share	20.32	18.00	16.66	16.36	20.68	14.47	18.42	19.02	13.09	8.45
Total Shareholders' Equity	41.24M	36.73M	34.87M	34.86M	45.72M	41.44M	55.69M	59.56M	39.77M	25.65M
Common Stock	54.24M	54.24M	54.24M	54.24M	54.34M	54.34M	56.06M	57.24M	57.24M	67.23M
Retained Earnings	-25.29M	-31.43M	-33.66M	-34.11M	-33.11M	-38.79M	-25.98M	-23.6M	-43.18M	-57.55M
Treasury Stock	0	0	0	0	0	0	0	-38.16K	-489.98K	-489.98K
Accumulated OCI	0	0	-3.02M	-3.45M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Cash from Operations+	2.03M	1.57M	2.21M	-2.56M	916.8K	249.19K	6.47M	572.55K	-3.88M	-7.37M
Operating CF Margin %	0.08%	0.05%	0.08%	-0.09%	0.03%	0.01%	0.16%	0.01%	-0.13%	-0.34%
Operating CF Growth %	1.22%	-0.23%	0.41%	-2.16%	1.36%	-0.73%	24.98%	-0.91%	-7.77%	-0.9%
Net Income	-13.1M	-9.57M	-3.95M	-453.48K	2.28M	-6.16M	12.81M	2.37M	-19.58M	-14.36M
Depreciation & Amortization	1.11M	863.35K	557.39K	422.02K	481.32K	490.24K	567.12K	479.31K	653.16K	703.37K
Stock-Based Compensation	1.69M	1.77M	959.13K	443.48K	502.81K	459.54K	352.58K	774.34K	249.43K	237.74K
Deferred Taxes	4.04M	0	0	748K	0	0	-6.35M	498.93K	5.85M	0
Other Non-Cash Items	763.77K	346.34K	-1.2M	-183.22K	524.33K	5.83M	-860.45K	120.72K	6.07M	1.21M
Working Capital Changes	7.53M	8.16M	5.84M	-3.54M	-2.87M	-373.04K	-46.1K	-3.67M	2.88M	4.85M
Change in Receivables	4.28M	1.75M	1.45M	-732.83K	-328.08K	1.32M	-955.23K	-484.46K	1.77M	7K
Change in Inventory	3.18M	6.17M	4M	-3.5M	-2.3M	-2.76M	1.31M	-4.54M	755.22K	1.32M
Change in Payables	-384.46K	177.06K	654K	489.01K	-798.78K	468.69K	-973.86K	1.63M	384.93K	3.49M
Cash from Investing+	-601.06K	-473.69K	-58.45K	-272.89K	-425.76K	-535.98K	-733.47K	-1.56M	-1.28M	-1.04M
Capital Expenditures	-601.06K	-473.87K	-427.38K	-272.89K	-425.76K	-535.98K	-483.46K	-1.56M	-1.23M	-953.58K
CapEx % of Revenue	0.02%	0.02%	0.01%	0.01%	0.01%	0.02%	0.01%	0.04%	0.04%	0.04%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-55.52K	175	368.92K	-28.09K	-64.32K	0	-250K	0	-53.95K	-84.32K
Cash from Financing+	0	172.77K	2.3K	0	9.12M	1.9M	1.09M	720.5K	-451.81K	2.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	172.77K	2.3K	0	63.75K	932.48K	1.09M	758.66K	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.43M	1.09M	1.78M	-2.83M	491.04K	-286.79K	5.99M	-988.11K	-5.16M	-8.32M
FCF Margin %	0.06%	0.04%	0.06%	-0.1%	0.02%	-0.01%	0.15%	-0.02%	-0.17%	-0.38%
FCF Growth %	1.14%	-0.24%	0.63%	-2.59%	1.17%	-1.58%	21.88%	-1.16%	-4.22%	-0.61%
FCF per Share	0.71	0.54	0.85	-1.33	0.22	-0.10	1.98	-0.32	-1.70	-2.74
FCF Conversion (FCF/Net Income)	-0.16x	-0.16x	-0.49x	5.65x	0.40x	-0.04x	0.51x	0.24x	0.20x	0.51x
Interest Paid	0	0	0	541	2.2K	884	0	0	0	0
Taxes Paid	0	0	0	84.79K	5.76K	2.05K	14.7K	0	5.9K	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-26.55%	-24.56%	-12.64%	-1.3%	5.65%	-14.14%	26.38%	4.12%	-39.42%	-43.91%
Return on Invested Capital (ROIC)	-14.93%	-23.25%	-11.13%	-1.58%	5.35%	-15.01%	12.08%	5%	-26.25%	-37.66%
Gross Margin	29.75%	33.2%	30.06%	42.77%	46.18%	27.37%	46.96%	46.98%	15.81%	23.65%
Net Margin	-51.08%	-31.11%	-15.52%	-1.68%	7.06%	-21.11%	32.65%	5.51%	-65.39%	-65.42%
Debt / Equity	-	-	-	-	-	0.06x	0.07x	0.06x	0.07x	0.17x
Interest Coverage	-10037.98x	-921.91x	-2266.45x	-1124.85x	1030.74x	-7144.49x	615.21x	-	-	-253.06x
FCF Conversion	-0.16x	-0.16x	-0.49x	5.65x	0.40x	-0.04x	0.51x	0.24x	0.20x	0.51x
Revenue Growth	-9.99%	19.99%	-5.2%	-7.32%	19.28%	-9.47%	34.42%	9.82%	-30.5%	-26.68%

Frequently Asked Questions

Growth & Financials

Charles & Colvard, Ltd. (CTHR) reported $15.7M in revenue for fiscal year 2024. This represents a 24% increase from $12.7M in 2011.

Charles & Colvard, Ltd. (CTHR) saw revenue decline by 26.7% over the past year.

Charles & Colvard, Ltd. (CTHR) reported a net loss of $12.0M for fiscal year 2024.

Dividend & Returns

Charles & Colvard, Ltd. (CTHR) has a return on equity (ROE) of -43.9%. Negative ROE indicates the company is unprofitable.

Charles & Colvard, Ltd. (CTHR) had negative free cash flow of $5.5M in fiscal year 2024, likely due to heavy capital investments.

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Charles & Colvard, Ltd. (CTHR) 10-Year Financial Performance & Capital Metrics

CTHR • • Industrial / General

Consumer CyclicalLuxury GoodsFine Jewelry RetailersJewelry Manufacturers & Wholesalers

Revenue $22M -26.7%
EBITDA -$15M -11.0%
Net Income -$14M +26.6%
EPS (Diluted) -4.73 +26.7%
Gross Margin 23.65% +49.6%
EBITDA Margin -67.37% -51.4%
Operating Margin -66.52% -42.5%
Net Margin -65.42%
ROE -43.91% -11.4%
ROIC -37.66% -43.4%
Debt/Equity 0.17 +133.4%
Interest Coverage -253.06

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.0x book value

✗Weaknesses

✗Negative free cash flow
✗Weak momentum: RS Rating 7 (bottom 7%)
✗Sales declining 7.4% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-2.57%

5Y-7.4%

3Y-17.59%

TTM-33.51%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM34.57%

EPS CAGR

10Y-

5Y-

3Y-

TTM35.71%

ROCE

10Y Avg-11.67%

5Y Avg-13.6%

3Y Avg-21.54%

Latest-42.54%

Peer Comparison

Jewelry Manufacturers & Wholesalers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CTHRCharles & Colvard, Ltd.	894.29K	0.20	-0.04	-26.68%	-76%	-62.7%		0.17

Profit & Loss

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Sales/Revenue+	25.64M	30.77M	29.17M	27.03M	32.24M	29.19M	39.24M	43.09M	29.95M	21.96M
Revenue Growth %	-0.1%	0.2%	-0.05%	-0.07%	0.19%	-0.09%	0.34%	0.1%	-0.31%	-0.27%
Cost of Goods Sold+	18.01M	20.55M	20.4M	15.47M	17.35M	21.2M	20.81M	22.85M	25.21M	16.76M
COGS % of Revenue	0.7%	0.67%	0.7%	0.57%	0.54%	0.73%	0.53%	0.53%	0.84%	0.76%
Gross Profit+	7.63M	10.21M	8.77M	11.56M	14.89M	7.99M	18.43M	20.24M	4.73M	5.19M
Gross Margin %	0.3%	0.33%	0.3%	0.43%	0.46%	0.27%	0.47%	0.47%	0.16%	0.24%
Gross Profit Growth %	-0.45%	0.34%	-0.14%	0.32%	0.29%	-0.46%	1.31%	0.1%	-0.77%	0.1%
Operating Expenses+	16.66M	19.76M	12.59M	12.17M	12.63M	14.3M	12.92M	17.37M	18.71M	19.8M
OpEx % of Revenue	0.65%	0.64%	0.43%	0.45%	0.39%	0.49%	0.33%	0.4%	0.62%	0.9%
Selling, General & Admin	16.64M	19.75M	12.58M	12.17M	12.62M	14.3M	12.92M	17.37M	18.71M	18.32M
SG&A % of Revenue	0.65%	0.64%	0.43%	0.45%	0.39%	0.49%	0.33%	0.4%	0.62%	0.83%
Research & Development	18.07K	17.8K	2.85K	3.71K	2.07K	0	0	0	0	0
R&D % of Revenue	0%	0%	0%	0%	0%	-	-	-	-	-
Other Operating Expenses	0	0	0	0	-13	0	0	0	0	1.47M
Operating Income+	-9.04M	-9.55M	-3.94M	-608.54K	2.27M	-6.32M	5.51M	2.87M	-13.98M	-14.61M
Operating Margin %	-0.35%	-0.31%	-0.13%	-0.02%	0.07%	-0.22%	0.14%	0.07%	-0.47%	-0.67%
Operating Income Growth %	-4.72%	-0.06%	0.59%	0.85%	4.72%	-3.79%	1.87%	-0.48%	-5.86%	-0.05%
EBITDA+	-7.94M	-8.69M	-3.38M	-186.53K	2.75M	-5.83M	6.08M	3.35M	-13.32M	-14.79M
EBITDA Margin %	-0.31%	-0.28%	-0.12%	-0.01%	0.09%	-0.2%	0.15%	0.08%	-0.44%	-0.67%
EBITDA Growth %	-10.06%	-0.09%	0.61%	0.94%	15.73%	-3.12%	2.04%	-0.45%	-4.97%	-0.11%
D&A (Non-Cash Add-back)	1.11M	863.35K	557.39K	422.02K	481.32K	490.24K	567.12K	479.31K	653.16K	-185.28K
EBIT	-9.04M	-5.06M	-3.94M	-425.33K	2.28M	-6.16M	6.49M	2.87M	-13.68M	-14.42M
Net Interest Income+	-836	-10.35K	-1.74K	-541	8.82K	157.21K	-3.37K	19.28K	297.26K	243K
Interest Income	65	11	0	0	11.02K	158.09K	5.58K	19.28K	297.26K	300.72K
Interest Expense	901	10.36K	1.74K	541	2.2K	884	8.95K	0	0	57.72K
Other Income/Expense	-836	-10.22K	-1.74K	182.68K	8.47K	155.38K	970.35K	19.24K	297.26K	243K
Pretax Income+	-9.05M	-9.56M	-3.94M	-425.87K	2.27M	-6.16M	6.48M	2.89M	-13.68M	-14.36M
Pretax Margin %	-0.35%	-0.31%	-0.14%	-0.02%	0.07%	-0.21%	0.17%	0.07%	-0.46%	-0.65%
Income Tax+	4.05M	12.82K	13.48K	27.61K	-1.44K	1.73K	-6.33M	518.53K	5.9M	0
Effective Tax Rate %	1.45%	1%	1.15%	1.06%	1%	1%	1.98%	0.82%	1.43%	1%
Net Income+	-13.1M	-9.57M	-4.53M	-453.48K	2.28M	-6.16M	12.81M	2.37M	-19.58M	-14.36M
Net Margin %	-0.51%	-0.31%	-0.16%	-0.02%	0.07%	-0.21%	0.33%	0.06%	-0.65%	-0.65%
Net Income Growth %	-9.14%	0.27%	0.53%	0.9%	6.02%	-3.71%	3.08%	-0.81%	-9.25%	0.27%
Net Income (Continuing)	-13.1M	-5.09M	-3.95M	-453.48K	2.28M	-6.16M	12.81M	2.37M	-19.58M	-14.36M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-6.50	-2.50	-1.90	-0.39	1.00	-2.20	4.20	0.76	-6.45	-4.73
EPS Growth %	-9%	0.62%	0.24%	0.79%	3.56%	-3.2%	2.91%	-0.82%	-9.49%	0.27%
EPS (Basic)	-1.15	-2.49	-1.89	-0.36	1.04	-2.15	4.40	0.78	-6.45	-4.73
Diluted Shares Outstanding	2.03M	2.04M	2.09M	2.13M	2.21M	2.86M	3.02M	3.13M	3.04M	3.03M
Basic Shares Outstanding	11.42M	3.83M	2.38M	1.95M	2.28M	2.8M	3.05M	3.04M	3.04M	3.03M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Total Current Assets+	24.03M	24.38M	20.67M	20.15M	27.87M	23.91M	35.76M	35.86M	24.58M	18.82M
Cash & Short-Term Investments	5.25M	11.11M	7.43M	4.59M	12.47M	13.99M	21.3M	15.67M	10.45M	4.14M
Cash Only	5.25M	11.11M	7.43M	4.59M	12.47M	13.99M	21.3M	15.67M	10.45M	4.14M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	4.46M	2.23M	2.79M	3.38M	1.96M	670.72K	1.91M	2.47M	630.09K	1.09M
Days Sales Outstanding	63.52	26.44	34.97	45.6	22.21	8.39	17.79	20.93	7.68	18.2
Inventory	13.4M	10.12M	9.77M	11.21M	11.91M	7.44M	11.45M	11.02M	7.48M	7.51M
Days Inventory Outstanding	271.62	179.75	174.8	264.45	250.52	128.15	200.83	176.13	108.23	163.45
Other Current Assets	0	750	0	303.69K	820.06K	913.2K	144.63K	5.51M	5.66M	6.08M
Total Non-Current Assets+	23.21M	17.45M	19.83M	21.08M	23.28M	25M	29.16M	33.34M	24.31M	22.16M
Property, Plant & Equipment	1.66M	1.32M	1.39M	1.24M	1.03M	1.58M	4.83M	4.69M	4.67M	4.32M
Fixed Asset Turnover	15.41x	23.35x	20.97x	21.76x	31.42x	18.44x	8.13x	9.19x	6.41x	5.08x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	172.9K	5.56K	8.81K	8.6K	97.37K	170.15K	209.66K	265.73K	305.7K	370.19K
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	21.38M	16.13M	18.43M	19.83M	22.15M	23.24M	17.77M	22.54M	19.33M	17.47M
Total Assets+	47.24M	41.83M	40.51M	41.23M	51.15M	48.9M	64.92M	69.21M	48.88M	40.98M
Asset Turnover	0.54x	0.74x	0.72x	0.66x	0.63x	0.60x	0.60x	0.62x	0.61x	0.54x
Asset Growth %	-0.24%	-0.11%	-0.03%	0.02%	0.24%	-0.04%	0.33%	0.07%	-0.29%	-0.16%
Total Current Liabilities+	4.83M	4.02M	4.61M	5.45M	4.7M	6.49M	5.62M	6.8M	7.06M	14.13M
Accounts Payable	3.31M	3.06M	3.98M	4.47M	3.28M	3.75M	2.77M	4.4M	4.79M	8.27M
Days Payables Outstanding	67.15	54.39	71.15	105.37	68.98	64.53	48.66	70.32	69.29	180.15
Short-Term Debt	0	0	0	0	0	815.49K	566.08K	856.57K	880.13K	2.3M
Deferred Revenue (Current)	0	0	0	131.39K	0	794.74K	774.89K	452.87K	566.9K	0
Other Current Liabilities	0	183K	130.68K	197.23K	1.35M	415.58K	872.65K	99.58K	-434.17K	2.65M
Current Ratio	4.98x	6.07x	4.49x	3.70x	5.93x	3.69x	6.36x	5.27x	3.48x	1.33x
Quick Ratio	2.20x	3.55x	2.37x	1.64x	3.40x	2.54x	4.32x	3.65x	2.42x	0.80x
Cash Conversion Cycle	267.99	151.8	138.61	204.68	203.75	72	169.96	126.74	46.62	1.5
Total Non-Current Liabilities+	1.18M	1.08M	1.03M	925.12K	729.58K	982.95K	3.61M	2.85M	2.05M	1.2M
Long-Term Debt	0	0	0	0	0	772K	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	203K	3.6M	2.85M	2.05M	1.2M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.18M	1.08M	1.03M	925.12K	729.58K	7.95K	9.88K	0	0	0
Total Liabilities	6M	5.1M	5.64M	6.37M	5.43M	7.47M	9.23M	9.65M	9.11M	15.33M
Total Debt+	0	0	0	0	0	2.41M	4.17M	3.7M	2.93M	4.41M
Net Debt	-5.25M	-11.11M	-7.43M	-4.59M	-12.47M	-11.58M	-17.14M	-11.96M	-7.52M	269K
Debt / Equity	-	-	-	-	-	0.06x	0.07x	0.06x	0.07x	0.17x
Debt / EBITDA	-	-	-	-	-	-	0.69x	1.10x	-	-
Net Debt / EBITDA	-	-	-	-	-4.54x	-	-2.82x	-3.57x	-	-
Interest Coverage	-10037.98x	-921.91x	-2266.45x	-1124.85x	1030.74x	-7144.49x	615.21x	-	-	-253.06x
Total Equity+	41.24M	36.73M	34.87M	34.86M	45.72M	41.44M	55.69M	59.56M	39.77M	25.65M
Equity Growth %	-0.28%	-0.11%	-0.05%	-0%	0.31%	-0.09%	0.34%	0.07%	-0.33%	-0.36%
Book Value per Share	20.32	18.00	16.66	16.36	20.68	14.47	18.42	19.02	13.09	8.45
Total Shareholders' Equity	41.24M	36.73M	34.87M	34.86M	45.72M	41.44M	55.69M	59.56M	39.77M	25.65M
Common Stock	54.24M	54.24M	54.24M	54.24M	54.34M	54.34M	56.06M	57.24M	57.24M	67.23M
Retained Earnings	-25.29M	-31.43M	-33.66M	-34.11M	-33.11M	-38.79M	-25.98M	-23.6M	-43.18M	-57.55M
Treasury Stock	0	0	0	0	0	0	0	-38.16K	-489.98K	-489.98K
Accumulated OCI	0	0	-3.02M	-3.45M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Cash from Operations+	2.03M	1.57M	2.21M	-2.56M	916.8K	249.19K	6.47M	572.55K	-3.88M	-7.37M
Operating CF Margin %	0.08%	0.05%	0.08%	-0.09%	0.03%	0.01%	0.16%	0.01%	-0.13%	-0.34%
Operating CF Growth %	1.22%	-0.23%	0.41%	-2.16%	1.36%	-0.73%	24.98%	-0.91%	-7.77%	-0.9%
Net Income	-13.1M	-9.57M	-3.95M	-453.48K	2.28M	-6.16M	12.81M	2.37M	-19.58M	-14.36M
Depreciation & Amortization	1.11M	863.35K	557.39K	422.02K	481.32K	490.24K	567.12K	479.31K	653.16K	703.37K
Stock-Based Compensation	1.69M	1.77M	959.13K	443.48K	502.81K	459.54K	352.58K	774.34K	249.43K	237.74K
Deferred Taxes	4.04M	0	0	748K	0	0	-6.35M	498.93K	5.85M	0
Other Non-Cash Items	763.77K	346.34K	-1.2M	-183.22K	524.33K	5.83M	-860.45K	120.72K	6.07M	1.21M
Working Capital Changes	7.53M	8.16M	5.84M	-3.54M	-2.87M	-373.04K	-46.1K	-3.67M	2.88M	4.85M
Change in Receivables	4.28M	1.75M	1.45M	-732.83K	-328.08K	1.32M	-955.23K	-484.46K	1.77M	7K
Change in Inventory	3.18M	6.17M	4M	-3.5M	-2.3M	-2.76M	1.31M	-4.54M	755.22K	1.32M
Change in Payables	-384.46K	177.06K	654K	489.01K	-798.78K	468.69K	-973.86K	1.63M	384.93K	3.49M
Cash from Investing+	-601.06K	-473.69K	-58.45K	-272.89K	-425.76K	-535.98K	-733.47K	-1.56M	-1.28M	-1.04M
Capital Expenditures	-601.06K	-473.87K	-427.38K	-272.89K	-425.76K	-535.98K	-483.46K	-1.56M	-1.23M	-953.58K
CapEx % of Revenue	0.02%	0.02%	0.01%	0.01%	0.01%	0.02%	0.01%	0.04%	0.04%	0.04%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-55.52K	175	368.92K	-28.09K	-64.32K	0	-250K	0	-53.95K	-84.32K
Cash from Financing+	0	172.77K	2.3K	0	9.12M	1.9M	1.09M	720.5K	-451.81K	2.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	172.77K	2.3K	0	63.75K	932.48K	1.09M	758.66K	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.43M	1.09M	1.78M	-2.83M	491.04K	-286.79K	5.99M	-988.11K	-5.16M	-8.32M
FCF Margin %	0.06%	0.04%	0.06%	-0.1%	0.02%	-0.01%	0.15%	-0.02%	-0.17%	-0.38%
FCF Growth %	1.14%	-0.24%	0.63%	-2.59%	1.17%	-1.58%	21.88%	-1.16%	-4.22%	-0.61%
FCF per Share	0.71	0.54	0.85	-1.33	0.22	-0.10	1.98	-0.32	-1.70	-2.74
FCF Conversion (FCF/Net Income)	-0.16x	-0.16x	-0.49x	5.65x	0.40x	-0.04x	0.51x	0.24x	0.20x	0.51x
Interest Paid	0	0	0	541	2.2K	884	0	0	0	0
Taxes Paid	0	0	0	84.79K	5.76K	2.05K	14.7K	0	5.9K	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-26.55%	-24.56%	-12.64%	-1.3%	5.65%	-14.14%	26.38%	4.12%	-39.42%	-43.91%
Return on Invested Capital (ROIC)	-14.93%	-23.25%	-11.13%	-1.58%	5.35%	-15.01%	12.08%	5%	-26.25%	-37.66%
Gross Margin	29.75%	33.2%	30.06%	42.77%	46.18%	27.37%	46.96%	46.98%	15.81%	23.65%
Net Margin	-51.08%	-31.11%	-15.52%	-1.68%	7.06%	-21.11%	32.65%	5.51%	-65.39%	-65.42%
Debt / Equity	-	-	-	-	-	0.06x	0.07x	0.06x	0.07x	0.17x
Interest Coverage	-10037.98x	-921.91x	-2266.45x	-1124.85x	1030.74x	-7144.49x	615.21x	-	-	-253.06x
FCF Conversion	-0.16x	-0.16x	-0.49x	5.65x	0.40x	-0.04x	0.51x	0.24x	0.20x	0.51x
Revenue Growth	-9.99%	19.99%	-5.2%	-7.32%	19.28%	-9.47%	34.42%	9.82%	-30.5%	-26.68%

Frequently Asked Questions

Growth & Financials

Charles & Colvard, Ltd. (CTHR) reported $15.7M in revenue for fiscal year 2024. This represents a 24% increase from $12.7M in 2011.

Charles & Colvard, Ltd. (CTHR) saw revenue decline by 26.7% over the past year.

Charles & Colvard, Ltd. (CTHR) reported a net loss of $12.0M for fiscal year 2024.

Dividend & Returns

Charles & Colvard, Ltd. (CTHR) has a return on equity (ROE) of -43.9%. Negative ROE indicates the company is unprofitable.

Charles & Colvard, Ltd. (CTHR) had negative free cash flow of $5.5M in fiscal year 2024, likely due to heavy capital investments.