Genasys Inc. (GNSS) 10-Year Financial Performance & Capital Metrics

GNSS • • Industrial / General

TechnologyTech Hardware & EquipmentCommunications & Defense ElectronicsCommunications & Security Systems

AboutGenasys Inc. a global provider of critical communications hardware and software solutions worldwide. The company operates through two segments, Hardware and Software. It provides long range acoustic devices, such as acoustic hailing devices which are used to project sirens and audible voice messages; and Genasys Emergency Management, a software-based product line. The company also offers National Emergency Warning Systems, a software application that works with mobile carriers to send emergency communications to the public; Integrated Mass Notification Systems, an emergency response solution, uniting GEM Software and Genasys speaker system hardware; and GEM software to emails, voice calls, text messages, panic buttons, desktop alerts, television, social media, and others. It sells its products directly to governments, militaries, end-users, and commercial companies. The company was formerly known as LRAD Corporation. Genasys Inc. is based in San Diego, California.Show more

Revenue $24M -48.6%
EBITDA -$23M -200.3%
Net Income -$32M -72.5%
EPS (Diluted) -0.72 -44.0%
Gross Margin 42.44% -9.0%
EBITDA Margin -95.77% -483.7%
Operating Margin -111.28% -372.7%
Net Margin -132.16% -235.2%
ROE -123.52% -182.7%
ROIC -67.51% -204.1%
Debt/Equity 0.93 +493.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow
✗Sales declining 8.3% over 5 years
✗Shares diluted 20.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.24%

5Y-8.28%

3Y-20.06%

TTM8.95%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM7.62%

EPS CAGR

10Y-

5Y-

3Y-

TTM112.22%

ROCE

10Y Avg-7.24%

5Y Avg-14.31%

3Y Avg-26.52%

Latest-68.07%

Peer Comparison

Communications & Security Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GNSSGenasys Inc.	105.3M	2.33	-3.24	-48.55%	-92.19%	-8.89%		0.93

Profit & Loss

	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Sales/Revenue+	16.78M	16.36M	20.31M	26.31M	36.98M	43.01M	47M	54.03M	46.66M	24.01M
Revenue Growth %	-0.32%	-0.03%	0.24%	0.3%	0.41%	0.16%	0.09%	0.15%	-0.14%	-0.49%
Cost of Goods Sold+	8.26M	8.69M	10.04M	13.57M	18.52M	20.37M	23.58M	27.69M	24.9M	13.82M
COGS % of Revenue	0.49%	0.53%	0.49%	0.52%	0.5%	0.47%	0.5%	0.51%	0.53%	0.58%
Gross Profit+	8.53M	7.67M	10.28M	12.74M	18.46M	22.64M	23.43M	26.34M	21.76M	10.19M
Gross Margin %	0.51%	0.47%	0.51%	0.48%	0.5%	0.53%	0.5%	0.49%	0.47%	0.42%
Gross Profit Growth %	-0.38%	-0.1%	0.34%	0.24%	0.45%	0.23%	0.03%	0.12%	-0.17%	-0.53%
Operating Expenses+	7.31M	9.26M	11.09M	14.22M	15.32M	16.6M	22.34M	28.71M	32.75M	36.91M
OpEx % of Revenue	0.44%	0.57%	0.55%	0.54%	0.41%	0.39%	0.48%	0.53%	0.7%	1.54%
Selling, General & Admin	5.28M	6.88M	8.59M	10.69M	10.79M	12.04M	17.42M	21.69M	24.62M	27.26M
SG&A % of Revenue	0.31%	0.42%	0.42%	0.41%	0.29%	0.28%	0.37%	0.4%	0.53%	1.14%
Research & Development	2.03M	2.39M	2.5M	3.52M	4.53M	4.55M	4.92M	7.02M	8.13M	9.64M
R&D % of Revenue	0.12%	0.15%	0.12%	0.13%	0.12%	0.11%	0.1%	0.13%	0.17%	0.4%
Other Operating Expenses	0	0	0	107K	0	127K	54K	60K	0	0
Operating Income+	1.22M	-1.59M	-807.74K	-1.48M	2.31M	4.64M	-1.21M	7.49M	-10.99M	-26.72M
Operating Margin %	0.07%	-0.1%	-0.04%	-0.06%	0.06%	0.11%	-0.03%	0.14%	-0.24%	-1.11%
Operating Income Growth %	-0.63%	-2.31%	0.49%	-0.83%	2.57%	1.01%	-1.26%	7.21%	-2.47%	-1.43%
EBITDA+	1.46M	-1.43M	-654.46K	-992.91K	3.14M	6.04M	1.08M	10.79M	-7.66M	-22.99M
EBITDA Margin %	0.09%	-0.09%	-0.03%	-0.04%	0.08%	0.14%	0.02%	0.2%	-0.16%	-0.96%
EBITDA Growth %	-0.59%	-1.98%	0.54%	-0.52%	4.16%	0.93%	-0.82%	8.96%	-1.71%	-2%
D&A (Non-Cash Add-back)	238.31K	167.69K	153.28K	483.09K	824.89K	1.4M	2.29M	3.3M	3.33M	3.72M
EBIT	1.34M	-1.59M	-807.74K	-1.48M	3.36M	6.04M	1.08M	-15.47M	-10.99M	-26.72M
Net Interest Income+	0	0	0	0	0	0	0	-22.96M	0	840K
Interest Income	0	0	0	0	0	0	0	0	0	237K
Interest Expense	0	0	0	0	0	0	0	22.96M	0	-603K
Other Income/Expense	121.84K	125.5K	128.59K	107.02K	1.05M	127K	54K	60K	-10K	-5.42M
Pretax Income+	1.34M	-1.47M	-679.15K	-1.37M	3.36M	6.17M	1.14M	-15.47M	-11M	-32.13M
Pretax Margin %	0.08%	-0.09%	-0.03%	-0.05%	0.09%	0.14%	0.02%	-0.29%	-0.24%	-1.34%
Income Tax+	-8.35M	-186.16K	197.6K	2.38M	572K	-5.71M	434K	741K	7.4M	-405K
Effective Tax Rate %	7.22%	0.87%	1.29%	2.74%	0.83%	1.93%	0.62%	1.05%	1.67%	0.99%
Net Income+	9.69M	-1.28M	-876.75K	-3.75M	2.79M	11.87M	704K	-16.21M	-18.4M	-31.73M
Net Margin %	0.58%	-0.08%	-0.04%	-0.14%	0.08%	0.28%	0.01%	-0.3%	-0.39%	-1.32%
Net Income Growth %	1.91%	-1.13%	0.32%	-3.27%	1.74%	3.26%	-0.94%	-24.03%	-0.13%	-0.72%
Net Income (Continuing)	9.69M	-1.28M	-876.75K	-3.75M	2.79M	11.87M	704K	-16.21M	-18.4M	-31.73M
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)+	0.29	-0.04	-0.03	-0.12	0.08	0.35	0.02	-0.44	-0.50	-0.72
EPS Growth %	1.9%	-1.14%	0.31%	-3.36%	1.7%	3.2%	-0.94%	-23.22%	-0.14%	-0.44%
EPS (Basic)	0.29	-0.04	-0.03	-0.12	0.09	0.36	0.02	-0.44	-0.50	-0.72
Diluted Shares Outstanding	33.57M	31.97M	31.86M	32.49M	33.4M	34.09M	35.59M	36.5M	36.94M	44.32M
Basic Shares Outstanding	33.17M	31.97M	31.86M	31.21M	32.69M	33.22M	34.41M	36.5M	36.79M	44.32M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Total Current Assets+	27.18M	25.17M	29.09M	27.67M	34.04M	45.32M	35.48M	35.56M	25.21M	26.14M
Cash & Short-Term Investments	19.57M	16.4M	17.16M	14.65M	22.51M	27.58M	18.85M	19.13M	10.15M	12.89M
Cash Only	18.32M	13.47M	12.8M	11.06M	18.82M	23.32M	13.17M	12.74M	8.66M	4.95M
Short-Term Investments	1.25M	2.94M	4.36M	3.59M	3.69M	4.26M	5.69M	6.4M	1.48M	7.95M
Accounts Receivable	2.12M	3.41M	5.93M	3.92M	3.64M	5.44M	7.68M	8.38M	6.21M	3.58M
Days Sales Outstanding	46.02	76.05	106.62	54.36	35.97	46.18	59.65	56.57	48.56	54.38
Inventory	4.93M	4.76M	5.26M	6.73M	5.83M	5.95M	6.42M	6.01M	6.8M	7.31M
Days Inventory Outstanding	217.8	200.11	191.21	181.17	114.98	106.59	99.33	79.19	99.7	193.16
Other Current Assets	565.67K	595.64K	983.32K	3.49M	980K	570K	594K	344K	1.75M	301K
Total Non-Current Assets+	12.5M	11.64M	9.77M	14.19M	13.08M	26.05M	54.64M	36.29M	24.7M	27.8M
Property, Plant & Equipment	471.96K	473.34K	509.6K	2.45M	2.27M	7.21M	6.62M	6.3M	5.44M	4.4M
Fixed Asset Turnover	35.56x	34.56x	39.86x	10.74x	16.30x	5.96x	7.10x	8.58x	8.58x	5.46x
Goodwill	0	0	0	2.45M	2.31M	2.47M	23.83M	10.12M	10.28M	13.33M
Intangible Assets	58.38K	62.91K	55.69K	1.56M	1.18M	943K	12.8M	10.51M	8.43M	8.51M
Long-Term Investments	3.05M	2.19M	711.12K	1.2M	1.39M	3.81M	1.88M	781K	0	249K
Other Non-Current Assets	578.94K	391.45K	164.52K	581K	559K	520K	1.47M	1.22M	551K	1.31M
Total Assets+	39.67M	36.81M	38.86M	41.86M	47.12M	71.37M	90.13M	71.85M	49.91M	53.94M
Asset Turnover	0.42x	0.44x	0.52x	0.63x	0.78x	0.60x	0.52x	0.75x	0.94x	0.45x
Asset Growth %	0.17%	-0.07%	0.06%	0.08%	0.13%	0.51%	0.26%	-0.2%	-0.31%	0.08%
Total Current Liabilities+	1.57M	2.08M	3.67M	6.58M	9.27M	15.53M	17.47M	15.37M	11.26M	14.09M
Accounts Payable	703.94K	574.57K	1.11M	3.08M	860K	1.37M	2.16M	2.33M	2.79M	4.03M
Days Payables Outstanding	31.12	24.13	40.46	82.95	16.95	24.55	33.44	30.76	40.82	106.55
Short-Term Debt	0	0	0	296.59K	280K	1.07M	1.2M	948K	0	0
Deferred Revenue (Current)	51.34K	637.76K	268.58K	659.68K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	488.29K	482.44K	690.82K	498.45K	5.83M	4.56M	7.95M	6.3M	2.53M	532K
Current Ratio	17.26x	12.12x	7.92x	4.21x	3.67x	2.92x	2.03x	2.31x	2.24x	1.86x
Quick Ratio	14.13x	9.82x	6.49x	3.18x	3.04x	2.54x	1.66x	1.92x	1.63x	1.34x
Cash Conversion Cycle	232.7	252.02	257.37	152.58	134	128.23	125.54	105	107.44	140.99
Total Non-Current Liabilities+	147.95K	165.04K	0	1.79M	2.46M	6.71M	6.7M	6.1M	4.83M	22.29M
Long-Term Debt	0	0	0	52.36K	33K	18K	0	0	0	12.01M
Capital Lease Obligations	0	0	0	0	0	6.39M	5.71M	5.19M	4.28M	3.27M
Deferred Tax Liabilities	0	0	0	-76.37K	-550.88K	-293K	-308K	0	0	0
Other Non-Current Liabilities	147.95K	165.04K	0	1.74M	2.43M	293K	995K	680K	0	6.64M
Total Liabilities	1.72M	2.24M	3.67M	8.37M	11.74M	22.23M	24.17M	21.46M	16.09M	36.37M
Total Debt+	0	0	0	350K	313K	7.48M	6.9M	6.14M	5.29M	16.3M
Net Debt	-18.32M	-13.47M	-12.8M	-10.71M	-18.51M	-15.84M	-6.26M	-6.6M	-3.37M	11.36M
Debt / Equity	-	-	-	0.01x	0.01x	0.15x	0.10x	0.12x	0.16x	0.93x
Debt / EBITDA	-	-	-	-	0.10x	1.24x	6.37x	0.57x	-	-
Net Debt / EBITDA	-12.57x	-	-	-	-5.90x	-2.62x	-5.78x	-0.61x	-	-
Interest Coverage	-	-	-	-	-	-	-	0.33x	-	-
Total Equity+	37.95M	34.57M	35.18M	33.49M	35.38M	49.14M	65.96M	50.39M	33.81M	17.56M
Equity Growth %	0.32%	-0.09%	0.02%	-0.05%	0.06%	0.39%	0.34%	-0.24%	-0.33%	-0.48%
Book Value per Share	1.13	1.08	1.10	1.03	1.06	1.44	1.85	1.38	0.92	0.40
Total Shareholders' Equity	37.95M	34.57M	35.18M	33.49M	35.38M	49.14M	65.96M	50.39M	33.81M	17.56M
Common Stock	329	318	322	332	330	0	0	0	0	0
Retained Earnings	-49.66M	-51.9M	-52.77M	-56.52M	-53.73M	-41.86M	-41.15M	-57.37M	-76.06M	-107.79M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-301	-1.55K	-1.27K	-245.38K	-458.72K	-250K	2K	-792K	-505K	-335K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Cash from Operations+	135.81K	-1.15M	-666.77K	1.25M	9.86M	6.92M	6.15M	468K	-9.59M	-19.45M
Operating CF Margin %	0.01%	-0.07%	-0.03%	0.05%	0.27%	0.16%	0.13%	0.01%	-0.21%	-0.81%
Operating CF Growth %	-0.98%	-9.46%	0.42%	2.88%	6.87%	-0.3%	-0.11%	-0.92%	-21.5%	-1.03%
Net Income	9.69M	-1.28M	-876.75K	-3.75M	2.78M	11.87M	704K	-16.21M	-18.4M	-31.73M
Depreciation & Amortization	238.31K	167.69K	153.28K	483.09K	824.89K	1.4M	2.29M	3.3M	3.33M	3.72M
Stock-Based Compensation	619.2K	605.43K	1.12M	584.87K	735K	980K	1.42M	2.23M	1.64M	1.65M
Deferred Taxes	-8.34M	-188K	196K	2.37M	570K	-5.71M	433K	666K	7.37M	-525K
Other Non-Cash Items	108.34K	239.91K	-83.68K	339.01K	203.96K	503K	414K	13.7M	387K	4.02M
Working Capital Changes	-2.18M	-692.52K	-1.17M	1.22M	4.74M	-2.13M	884K	-3.22M	-3.93M	3.41M
Change in Receivables	2.17M	-1.29M	-2.27M	3.15M	-854.68K	-1.77M	-2.14M	836K	827K	2.82M
Change in Inventory	-1.1M	2.31K	-519.57K	-1.65M	756.73K	-521K	-846K	75K	-788K	-816K
Change in Payables	-126.56K	-129.38K	537.8K	192.64K	-2.21M	477K	600K	199K	425K	2.23M
Cash from Investing+	-4.65M	-999.39K	-129.05K	-2.79M	-610.29K	-3.13M	-15.55M	-89K	5.54M	-8.67M
Capital Expenditures	-354.74K	-173.59K	-182.33K	-625.85K	-343.13K	-140K	-208K	-381K	-239K	-191K
CapEx % of Revenue	0.02%	0.01%	0.01%	0.02%	0.01%	0%	0%	0.01%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-4.31M	-837.07K	-182.33K	270.27K	-343.13K	-140K	502K	292K	5.78M	-764K
Cash from Financing+	-1.06M	-2.7M	133K	596.89K	-1.48M	679K	13K	-1.06M	-114K	23.87M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	-954.65K	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	504.37K	2.2K	133K	2.43M	703.25K	1.14M	172K	-70K	-252K	-274K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-218.93K	-1.32M	-849.1K	625.97K	9.51M	6.78M	5.94M	87K	-9.83M	-19.64M
FCF Margin %	-0.01%	-0.08%	-0.04%	0.02%	0.26%	0.16%	0.13%	0%	-0.21%	-0.82%
FCF Growth %	-1.03%	-5.04%	0.36%	1.74%	14.2%	-0.29%	-0.12%	-0.99%	-114.01%	-1%
FCF per Share	-0.01	-0.04	-0.03	0.02	0.28	0.20	0.17	0.00	-0.27	-0.44
FCF Conversion (FCF/Net Income)	0.01x	0.90x	0.76x	-0.33x	3.54x	0.58x	8.74x	-0.03x	0.52x	0.61x
Interest Paid	0	0	0	0	0	0	0	0	0	603K
Taxes Paid	0	0	0	0	0	0	0	0	0	52K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	29.07%	-3.53%	-2.51%	-10.91%	8.09%	28.1%	1.22%	-27.87%	-43.69%	-123.52%
Return on Invested Capital (ROIC)	7.48%	-5.87%	-2.79%	-4.9%	8.74%	13.88%	-1.95%	10.86%	-22.2%	-67.51%
Gross Margin	50.81%	46.89%	50.6%	48.43%	49.91%	52.64%	49.84%	48.75%	46.64%	42.44%
Net Margin	57.72%	-7.83%	-4.32%	-14.24%	7.53%	27.61%	1.5%	-30%	-39.42%	-132.16%
Debt / Equity	-	-	-	0.01x	0.01x	0.15x	0.10x	0.12x	0.16x	0.93x
Interest Coverage	-	-	-	-	-	-	-	0.33x	-	-
FCF Conversion	0.01x	0.90x	0.76x	-0.33x	3.54x	0.58x	8.74x	-0.03x	0.52x	0.61x
Revenue Growth	-31.75%	-2.52%	24.16%	29.5%	40.57%	16.31%	9.28%	14.96%	-13.64%	-48.55%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Shipping and Handling	-	-	-	-	-	-	-	836K	392K	187K
Shipping and Handling Growth	-	-	-	-	-	-	-	-	-53.11%	-52.30%
Product	-	-	-	23.5M	33.38M	39.51M	41.6M	-	-	-
Product Growth	-	-	-	-	42.09%	18.35%	5.30%	-	-	-
Service	-	-	-	2.81M	3.59M	3.5M	5.4M	-	-	-
Service Growth	-	-	-	-	27.89%	-2.61%	54.27%	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Americas	4.63M	7.58M	8.69M	16.49M	27.98M	34.81M	39.06M	-	-	-
Americas Growth	-	63.60%	14.58%	89.79%	69.70%	24.42%	12.20%	-	-	-
Asia Pacific	10.41M	7.74M	10.19M	6.58M	6.58M	5.72M	4.47M	-	-	-
Asia Pacific Growth	-	-25.61%	31.57%	-35.41%	-0.03%	-13.10%	-21.80%	-	-	-
EMEA	1.74M	1.04M	1.44M	-	2.42M	2.48M	3.47M	-	-	-
EMEA Growth	-	-40.51%	38.97%	-	-	2.43%	39.94%	-	-	-
Europe, Middle East and Africa	-	-	-	3.24M	-	-	-	-	-	-
Europe, Middle East and Africa Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Genasys Inc. (GNSS) reported $30.5M in revenue for fiscal year 2024. This represents a 15% increase from $26.5M in 2011.

Genasys Inc. (GNSS) saw revenue decline by 48.6% over the past year.

Genasys Inc. (GNSS) reported a net loss of $28.1M for fiscal year 2024.

Dividend & Returns

Genasys Inc. (GNSS) has a return on equity (ROE) of -123.5%. Negative ROE indicates the company is unprofitable.

Genasys Inc. (GNSS) had negative free cash flow of $11.0M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Genasys Inc. (GNSS) 10-Year Financial Performance & Capital Metrics

GNSS • • Industrial / General

TechnologyTech Hardware & EquipmentCommunications & Defense ElectronicsCommunications & Security Systems

Revenue $24M -48.6%
EBITDA -$23M -200.3%
Net Income -$32M -72.5%
EPS (Diluted) -0.72 -44.0%
Gross Margin 42.44% -9.0%
EBITDA Margin -95.77% -483.7%
Operating Margin -111.28% -372.7%
Net Margin -132.16% -235.2%
ROE -123.52% -182.7%
ROIC -67.51% -204.1%
Debt/Equity 0.93 +493.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow
✗Sales declining 8.3% over 5 years
✗Shares diluted 20.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-0.24%

5Y-8.28%

3Y-20.06%

TTM8.95%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM7.62%

EPS CAGR

10Y-

5Y-

3Y-

TTM112.22%

ROCE

10Y Avg-7.24%

5Y Avg-14.31%

3Y Avg-26.52%

Latest-68.07%

Peer Comparison

Communications & Security Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GNSSGenasys Inc.	105.3M	2.33	-3.24	-48.55%	-92.19%	-8.89%		0.93

Profit & Loss

	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Sales/Revenue+	16.78M	16.36M	20.31M	26.31M	36.98M	43.01M	47M	54.03M	46.66M	24.01M
Revenue Growth %	-0.32%	-0.03%	0.24%	0.3%	0.41%	0.16%	0.09%	0.15%	-0.14%	-0.49%
Cost of Goods Sold+	8.26M	8.69M	10.04M	13.57M	18.52M	20.37M	23.58M	27.69M	24.9M	13.82M
COGS % of Revenue	0.49%	0.53%	0.49%	0.52%	0.5%	0.47%	0.5%	0.51%	0.53%	0.58%
Gross Profit+	8.53M	7.67M	10.28M	12.74M	18.46M	22.64M	23.43M	26.34M	21.76M	10.19M
Gross Margin %	0.51%	0.47%	0.51%	0.48%	0.5%	0.53%	0.5%	0.49%	0.47%	0.42%
Gross Profit Growth %	-0.38%	-0.1%	0.34%	0.24%	0.45%	0.23%	0.03%	0.12%	-0.17%	-0.53%
Operating Expenses+	7.31M	9.26M	11.09M	14.22M	15.32M	16.6M	22.34M	28.71M	32.75M	36.91M
OpEx % of Revenue	0.44%	0.57%	0.55%	0.54%	0.41%	0.39%	0.48%	0.53%	0.7%	1.54%
Selling, General & Admin	5.28M	6.88M	8.59M	10.69M	10.79M	12.04M	17.42M	21.69M	24.62M	27.26M
SG&A % of Revenue	0.31%	0.42%	0.42%	0.41%	0.29%	0.28%	0.37%	0.4%	0.53%	1.14%
Research & Development	2.03M	2.39M	2.5M	3.52M	4.53M	4.55M	4.92M	7.02M	8.13M	9.64M
R&D % of Revenue	0.12%	0.15%	0.12%	0.13%	0.12%	0.11%	0.1%	0.13%	0.17%	0.4%
Other Operating Expenses	0	0	0	107K	0	127K	54K	60K	0	0
Operating Income+	1.22M	-1.59M	-807.74K	-1.48M	2.31M	4.64M	-1.21M	7.49M	-10.99M	-26.72M
Operating Margin %	0.07%	-0.1%	-0.04%	-0.06%	0.06%	0.11%	-0.03%	0.14%	-0.24%	-1.11%
Operating Income Growth %	-0.63%	-2.31%	0.49%	-0.83%	2.57%	1.01%	-1.26%	7.21%	-2.47%	-1.43%
EBITDA+	1.46M	-1.43M	-654.46K	-992.91K	3.14M	6.04M	1.08M	10.79M	-7.66M	-22.99M
EBITDA Margin %	0.09%	-0.09%	-0.03%	-0.04%	0.08%	0.14%	0.02%	0.2%	-0.16%	-0.96%
EBITDA Growth %	-0.59%	-1.98%	0.54%	-0.52%	4.16%	0.93%	-0.82%	8.96%	-1.71%	-2%
D&A (Non-Cash Add-back)	238.31K	167.69K	153.28K	483.09K	824.89K	1.4M	2.29M	3.3M	3.33M	3.72M
EBIT	1.34M	-1.59M	-807.74K	-1.48M	3.36M	6.04M	1.08M	-15.47M	-10.99M	-26.72M
Net Interest Income+	0	0	0	0	0	0	0	-22.96M	0	840K
Interest Income	0	0	0	0	0	0	0	0	0	237K
Interest Expense	0	0	0	0	0	0	0	22.96M	0	-603K
Other Income/Expense	121.84K	125.5K	128.59K	107.02K	1.05M	127K	54K	60K	-10K	-5.42M
Pretax Income+	1.34M	-1.47M	-679.15K	-1.37M	3.36M	6.17M	1.14M	-15.47M	-11M	-32.13M
Pretax Margin %	0.08%	-0.09%	-0.03%	-0.05%	0.09%	0.14%	0.02%	-0.29%	-0.24%	-1.34%
Income Tax+	-8.35M	-186.16K	197.6K	2.38M	572K	-5.71M	434K	741K	7.4M	-405K
Effective Tax Rate %	7.22%	0.87%	1.29%	2.74%	0.83%	1.93%	0.62%	1.05%	1.67%	0.99%
Net Income+	9.69M	-1.28M	-876.75K	-3.75M	2.79M	11.87M	704K	-16.21M	-18.4M	-31.73M
Net Margin %	0.58%	-0.08%	-0.04%	-0.14%	0.08%	0.28%	0.01%	-0.3%	-0.39%	-1.32%
Net Income Growth %	1.91%	-1.13%	0.32%	-3.27%	1.74%	3.26%	-0.94%	-24.03%	-0.13%	-0.72%
Net Income (Continuing)	9.69M	-1.28M	-876.75K	-3.75M	2.79M	11.87M	704K	-16.21M	-18.4M	-31.73M
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)+	0.29	-0.04	-0.03	-0.12	0.08	0.35	0.02	-0.44	-0.50	-0.72
EPS Growth %	1.9%	-1.14%	0.31%	-3.36%	1.7%	3.2%	-0.94%	-23.22%	-0.14%	-0.44%
EPS (Basic)	0.29	-0.04	-0.03	-0.12	0.09	0.36	0.02	-0.44	-0.50	-0.72
Diluted Shares Outstanding	33.57M	31.97M	31.86M	32.49M	33.4M	34.09M	35.59M	36.5M	36.94M	44.32M
Basic Shares Outstanding	33.17M	31.97M	31.86M	31.21M	32.69M	33.22M	34.41M	36.5M	36.79M	44.32M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Total Current Assets+	27.18M	25.17M	29.09M	27.67M	34.04M	45.32M	35.48M	35.56M	25.21M	26.14M
Cash & Short-Term Investments	19.57M	16.4M	17.16M	14.65M	22.51M	27.58M	18.85M	19.13M	10.15M	12.89M
Cash Only	18.32M	13.47M	12.8M	11.06M	18.82M	23.32M	13.17M	12.74M	8.66M	4.95M
Short-Term Investments	1.25M	2.94M	4.36M	3.59M	3.69M	4.26M	5.69M	6.4M	1.48M	7.95M
Accounts Receivable	2.12M	3.41M	5.93M	3.92M	3.64M	5.44M	7.68M	8.38M	6.21M	3.58M
Days Sales Outstanding	46.02	76.05	106.62	54.36	35.97	46.18	59.65	56.57	48.56	54.38
Inventory	4.93M	4.76M	5.26M	6.73M	5.83M	5.95M	6.42M	6.01M	6.8M	7.31M
Days Inventory Outstanding	217.8	200.11	191.21	181.17	114.98	106.59	99.33	79.19	99.7	193.16
Other Current Assets	565.67K	595.64K	983.32K	3.49M	980K	570K	594K	344K	1.75M	301K
Total Non-Current Assets+	12.5M	11.64M	9.77M	14.19M	13.08M	26.05M	54.64M	36.29M	24.7M	27.8M
Property, Plant & Equipment	471.96K	473.34K	509.6K	2.45M	2.27M	7.21M	6.62M	6.3M	5.44M	4.4M
Fixed Asset Turnover	35.56x	34.56x	39.86x	10.74x	16.30x	5.96x	7.10x	8.58x	8.58x	5.46x
Goodwill	0	0	0	2.45M	2.31M	2.47M	23.83M	10.12M	10.28M	13.33M
Intangible Assets	58.38K	62.91K	55.69K	1.56M	1.18M	943K	12.8M	10.51M	8.43M	8.51M
Long-Term Investments	3.05M	2.19M	711.12K	1.2M	1.39M	3.81M	1.88M	781K	0	249K
Other Non-Current Assets	578.94K	391.45K	164.52K	581K	559K	520K	1.47M	1.22M	551K	1.31M
Total Assets+	39.67M	36.81M	38.86M	41.86M	47.12M	71.37M	90.13M	71.85M	49.91M	53.94M
Asset Turnover	0.42x	0.44x	0.52x	0.63x	0.78x	0.60x	0.52x	0.75x	0.94x	0.45x
Asset Growth %	0.17%	-0.07%	0.06%	0.08%	0.13%	0.51%	0.26%	-0.2%	-0.31%	0.08%
Total Current Liabilities+	1.57M	2.08M	3.67M	6.58M	9.27M	15.53M	17.47M	15.37M	11.26M	14.09M
Accounts Payable	703.94K	574.57K	1.11M	3.08M	860K	1.37M	2.16M	2.33M	2.79M	4.03M
Days Payables Outstanding	31.12	24.13	40.46	82.95	16.95	24.55	33.44	30.76	40.82	106.55
Short-Term Debt	0	0	0	296.59K	280K	1.07M	1.2M	948K	0	0
Deferred Revenue (Current)	51.34K	637.76K	268.58K	659.68K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	488.29K	482.44K	690.82K	498.45K	5.83M	4.56M	7.95M	6.3M	2.53M	532K
Current Ratio	17.26x	12.12x	7.92x	4.21x	3.67x	2.92x	2.03x	2.31x	2.24x	1.86x
Quick Ratio	14.13x	9.82x	6.49x	3.18x	3.04x	2.54x	1.66x	1.92x	1.63x	1.34x
Cash Conversion Cycle	232.7	252.02	257.37	152.58	134	128.23	125.54	105	107.44	140.99
Total Non-Current Liabilities+	147.95K	165.04K	0	1.79M	2.46M	6.71M	6.7M	6.1M	4.83M	22.29M
Long-Term Debt	0	0	0	52.36K	33K	18K	0	0	0	12.01M
Capital Lease Obligations	0	0	0	0	0	6.39M	5.71M	5.19M	4.28M	3.27M
Deferred Tax Liabilities	0	0	0	-76.37K	-550.88K	-293K	-308K	0	0	0
Other Non-Current Liabilities	147.95K	165.04K	0	1.74M	2.43M	293K	995K	680K	0	6.64M
Total Liabilities	1.72M	2.24M	3.67M	8.37M	11.74M	22.23M	24.17M	21.46M	16.09M	36.37M
Total Debt+	0	0	0	350K	313K	7.48M	6.9M	6.14M	5.29M	16.3M
Net Debt	-18.32M	-13.47M	-12.8M	-10.71M	-18.51M	-15.84M	-6.26M	-6.6M	-3.37M	11.36M
Debt / Equity	-	-	-	0.01x	0.01x	0.15x	0.10x	0.12x	0.16x	0.93x
Debt / EBITDA	-	-	-	-	0.10x	1.24x	6.37x	0.57x	-	-
Net Debt / EBITDA	-12.57x	-	-	-	-5.90x	-2.62x	-5.78x	-0.61x	-	-
Interest Coverage	-	-	-	-	-	-	-	0.33x	-	-
Total Equity+	37.95M	34.57M	35.18M	33.49M	35.38M	49.14M	65.96M	50.39M	33.81M	17.56M
Equity Growth %	0.32%	-0.09%	0.02%	-0.05%	0.06%	0.39%	0.34%	-0.24%	-0.33%	-0.48%
Book Value per Share	1.13	1.08	1.10	1.03	1.06	1.44	1.85	1.38	0.92	0.40
Total Shareholders' Equity	37.95M	34.57M	35.18M	33.49M	35.38M	49.14M	65.96M	50.39M	33.81M	17.56M
Common Stock	329	318	322	332	330	0	0	0	0	0
Retained Earnings	-49.66M	-51.9M	-52.77M	-56.52M	-53.73M	-41.86M	-41.15M	-57.37M	-76.06M	-107.79M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-301	-1.55K	-1.27K	-245.38K	-458.72K	-250K	2K	-792K	-505K	-335K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Cash from Operations+	135.81K	-1.15M	-666.77K	1.25M	9.86M	6.92M	6.15M	468K	-9.59M	-19.45M
Operating CF Margin %	0.01%	-0.07%	-0.03%	0.05%	0.27%	0.16%	0.13%	0.01%	-0.21%	-0.81%
Operating CF Growth %	-0.98%	-9.46%	0.42%	2.88%	6.87%	-0.3%	-0.11%	-0.92%	-21.5%	-1.03%
Net Income	9.69M	-1.28M	-876.75K	-3.75M	2.78M	11.87M	704K	-16.21M	-18.4M	-31.73M
Depreciation & Amortization	238.31K	167.69K	153.28K	483.09K	824.89K	1.4M	2.29M	3.3M	3.33M	3.72M
Stock-Based Compensation	619.2K	605.43K	1.12M	584.87K	735K	980K	1.42M	2.23M	1.64M	1.65M
Deferred Taxes	-8.34M	-188K	196K	2.37M	570K	-5.71M	433K	666K	7.37M	-525K
Other Non-Cash Items	108.34K	239.91K	-83.68K	339.01K	203.96K	503K	414K	13.7M	387K	4.02M
Working Capital Changes	-2.18M	-692.52K	-1.17M	1.22M	4.74M	-2.13M	884K	-3.22M	-3.93M	3.41M
Change in Receivables	2.17M	-1.29M	-2.27M	3.15M	-854.68K	-1.77M	-2.14M	836K	827K	2.82M
Change in Inventory	-1.1M	2.31K	-519.57K	-1.65M	756.73K	-521K	-846K	75K	-788K	-816K
Change in Payables	-126.56K	-129.38K	537.8K	192.64K	-2.21M	477K	600K	199K	425K	2.23M
Cash from Investing+	-4.65M	-999.39K	-129.05K	-2.79M	-610.29K	-3.13M	-15.55M	-89K	5.54M	-8.67M
Capital Expenditures	-354.74K	-173.59K	-182.33K	-625.85K	-343.13K	-140K	-208K	-381K	-239K	-191K
CapEx % of Revenue	0.02%	0.01%	0.01%	0.02%	0.01%	0%	0%	0.01%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-4.31M	-837.07K	-182.33K	270.27K	-343.13K	-140K	502K	292K	5.78M	-764K
Cash from Financing+	-1.06M	-2.7M	133K	596.89K	-1.48M	679K	13K	-1.06M	-114K	23.87M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	-954.65K	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	504.37K	2.2K	133K	2.43M	703.25K	1.14M	172K	-70K	-252K	-274K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-218.93K	-1.32M	-849.1K	625.97K	9.51M	6.78M	5.94M	87K	-9.83M	-19.64M
FCF Margin %	-0.01%	-0.08%	-0.04%	0.02%	0.26%	0.16%	0.13%	0%	-0.21%	-0.82%
FCF Growth %	-1.03%	-5.04%	0.36%	1.74%	14.2%	-0.29%	-0.12%	-0.99%	-114.01%	-1%
FCF per Share	-0.01	-0.04	-0.03	0.02	0.28	0.20	0.17	0.00	-0.27	-0.44
FCF Conversion (FCF/Net Income)	0.01x	0.90x	0.76x	-0.33x	3.54x	0.58x	8.74x	-0.03x	0.52x	0.61x
Interest Paid	0	0	0	0	0	0	0	0	0	603K
Taxes Paid	0	0	0	0	0	0	0	0	0	52K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	29.07%	-3.53%	-2.51%	-10.91%	8.09%	28.1%	1.22%	-27.87%	-43.69%	-123.52%
Return on Invested Capital (ROIC)	7.48%	-5.87%	-2.79%	-4.9%	8.74%	13.88%	-1.95%	10.86%	-22.2%	-67.51%
Gross Margin	50.81%	46.89%	50.6%	48.43%	49.91%	52.64%	49.84%	48.75%	46.64%	42.44%
Net Margin	57.72%	-7.83%	-4.32%	-14.24%	7.53%	27.61%	1.5%	-30%	-39.42%	-132.16%
Debt / Equity	-	-	-	0.01x	0.01x	0.15x	0.10x	0.12x	0.16x	0.93x
Interest Coverage	-	-	-	-	-	-	-	0.33x	-	-
FCF Conversion	0.01x	0.90x	0.76x	-0.33x	3.54x	0.58x	8.74x	-0.03x	0.52x	0.61x
Revenue Growth	-31.75%	-2.52%	24.16%	29.5%	40.57%	16.31%	9.28%	14.96%	-13.64%	-48.55%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Shipping and Handling	-	-	-	-	-	-	-	836K	392K	187K
Shipping and Handling Growth	-	-	-	-	-	-	-	-	-53.11%	-52.30%
Product	-	-	-	23.5M	33.38M	39.51M	41.6M	-	-	-
Product Growth	-	-	-	-	42.09%	18.35%	5.30%	-	-	-
Service	-	-	-	2.81M	3.59M	3.5M	5.4M	-	-	-
Service Growth	-	-	-	-	27.89%	-2.61%	54.27%	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Americas	4.63M	7.58M	8.69M	16.49M	27.98M	34.81M	39.06M	-	-	-
Americas Growth	-	63.60%	14.58%	89.79%	69.70%	24.42%	12.20%	-	-	-
Asia Pacific	10.41M	7.74M	10.19M	6.58M	6.58M	5.72M	4.47M	-	-	-
Asia Pacific Growth	-	-25.61%	31.57%	-35.41%	-0.03%	-13.10%	-21.80%	-	-	-
EMEA	1.74M	1.04M	1.44M	-	2.42M	2.48M	3.47M	-	-	-
EMEA Growth	-	-40.51%	38.97%	-	-	2.43%	39.94%	-	-	-
Europe, Middle East and Africa	-	-	-	3.24M	-	-	-	-	-	-
Europe, Middle East and Africa Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Genasys Inc. (GNSS) reported $30.5M in revenue for fiscal year 2024. This represents a 15% increase from $26.5M in 2011.

Genasys Inc. (GNSS) saw revenue decline by 48.6% over the past year.

Genasys Inc. (GNSS) reported a net loss of $28.1M for fiscal year 2024.

Dividend & Returns

Genasys Inc. (GNSS) has a return on equity (ROE) of -123.5%. Negative ROE indicates the company is unprofitable.

Genasys Inc. (GNSS) had negative free cash flow of $11.0M in fiscal year 2024, likely due to heavy capital investments.