Emerson Radio Corp. (MSN) 10-Year Financial Performance & Capital Metrics

MSN •

TechnologyConsumer ElectronicsSmart home and small appliances

AboutEmerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally. It offers houseware products, such as microwave ovens, compact refrigerators, wine products, and toaster ovens; audio products, including clock radios, Bluetooth speakers, and wireless charging products; and other products comprising massagers, toothbrushes, and security products. The company also licenses its trademarks to others on a worldwide basis for various products. Emerson Radio Corp. markets its products primarily through mass merchandisers and online marketplaces. The company was founded in 1912 and is headquartered in Parsippany, New Jersey.Show more

Revenue $11M +18.9%
EBITDA -$6M -64.1%
Net Income -$5M -717.6%
EPS (Diluted) -0.22 -704.4%
Gross Margin 8.35% -51.6%
EBITDA Margin -51.33% -38.0%
Operating Margin -52.06% -38.9%
Net Margin -43.87% -619.4%
ROE -19.83% -768.9%
ROIC -30.74% +57.7%
Debt/Equity 0.02 +94.1%
Interest Coverage -623.89 +8.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 11.4%
✓Trading at only 0.4x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-17.77%

5Y11.38%

3Y9.54%

TTM-40.51%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-61.02%

EPS CAGR

10Y-

5Y-

3Y-

TTM-59.9%

ROCE

10Y Avg-9.74%

5Y Avg-13.33%

3Y Avg-14.39%

Latest-22.96%

Peer Comparison

Smart home and small appliances

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NXTNextpower Inc.	15.6B	105.10	30.29	18.38%	16.43%	27.53%	3.99%
MSNEmerson Radio Corp.	8.84M	0.42	-1.91	18.91%	-79.04%	-28.14%		0.02
UEICUniversal Electronics Inc.	50.39M	3.77	-2.04	-6.08%	-5.64%	-15.08%	12.69%	0.32
FEBOFenbo Holdings Limited Ordinary Shares	11.73M	1.06	-5.88	11.87%	-0.91%	-0.29%		0.58
BWNBBabcock & Wilcox Enterprises, I	2.38B	24.97	-30.45	-1.37%	-20.07%
BWSNBabcock & Wilcox Enterprises, I	2.4B	25.18	-30.71	-1.37%	-20.07%

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	45.75M	21.25M	15.02M	8.98M	6.29M	7.45M	8.21M	7.18M	9.07M	10.79M
Revenue Growth %	-40.06%	-53.55%	-29.31%	-40.21%	-29.94%	18.31%	10.22%	-12.54%	26.38%	18.91%
Cost of Goods Sold+	38.82M	16.28M	13.92M	8.76M	6.75M	5.75M	6.24M	5.08M	7.51M	9.88M
COGS % of Revenue	84.85%	76.59%	92.67%	97.53%	107.34%	77.22%	76.01%	70.73%	82.76%	91.65%
Gross Profit+	6.93M	4.97M	1.1M	222K	-462K	1.7M	1.97M	2.1M	1.56M	901K
Gross Margin %	15.15%	23.41%	7.33%	2.47%	-7.34%	22.78%	23.99%	29.27%	17.24%	8.35%
Gross Profit Growth %	-51.3%	-28.25%	-77.86%	-79.84%	-308.11%	467.1%	16.1%	6.7%	-25.56%	-42.39%
Operating Expenses+	8.34M	5.3M	4.98M	3.87M	4.16M	5.91M	5.41M	4.2M	4.96M	6.52M
OpEx % of Revenue	18.22%	24.94%	33.17%	43.09%	66.17%	79.33%	65.92%	58.48%	54.72%	60.42%
Selling, General & Admin	7.97M	5.1M	4.92M	3.84M	4.16M	5.91M	5.41M	4.2M	4.96M	6.52M
SG&A % of Revenue	17.42%	24%	32.77%	42.79%	66.17%	79.33%	65.92%	58.48%	54.72%	60.42%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	367K	199K	60K	27K	0	0	0	0	0	0
Operating Income+	-1.41M	-326K	-3.88M	-3.65M	-4.63M	-4.21M	-3.44M	-2.1M	-3.4M	-5.62M
Operating Margin %	-3.07%	-1.53%	-25.84%	-40.61%	-73.51%	-56.55%	-41.92%	-29.2%	-37.48%	-52.06%
Operating Income Growth %	-129.61%	76.8%	-1090.8%	6.03%	-26.81%	8.99%	18.29%	39.07%	-62.17%	-65.2%
EBITDA+	-1.36M	-310K	-3.87M	-3.64M	-4.59M	-3.98M	-3.23M	-2.1M	-3.37M	-5.54M
EBITDA Margin %	-2.97%	-1.46%	-25.79%	-40.56%	-72.95%	-53.42%	-39.31%	-29.19%	-37.19%	-51.33%
EBITDA Growth %	-128.15%	77.16%	-1149.68%	5.96%	-26.02%	13.37%	18.88%	35.06%	-61%	-64.13%
D&A (Non-Cash Add-back)	48K	16K	8K	5K	35K	233K	214K	1K	26K	79K
EBIT	-1.23M	-63K	-3.39M	-2.79M	-3.85M	-3.97M	-3.62M	-1.35M	861K	-4.72M
Net Interest Income+	178K	261K	492K	859K	776K	151K	57K	702K	1.16M	887K
Interest Income	178K	263K	496K	859K	776K	158K	68K	712K	1.16M	896K
Interest Expense	0	2K	4K	0	0	7K	11K	10K	5K	9K
Other Income/Expense	178K	261K	492K	859K	776K	234K	-186K	736K	4.25M	887K
Pretax Income+	-1.23M	-65K	-3.39M	-2.79M	-3.85M	-3.98M	-3.63M	-1.36M	856K	-4.73M
Pretax Margin %	-2.68%	-0.31%	-22.57%	-31.05%	-61.18%	-53.41%	-44.19%	-18.95%	9.44%	-43.84%
Income Tax+	-259K	172K	3.46M	-352K	457K	0	0	0	90K	3K
Effective Tax Rate %	78.89%	364.62%	202.09%	87.38%	111.87%	100%	100%	100%	89.49%	100.06%
Net Income+	-968K	-237K	-6.85M	-2.44M	-4.31M	-3.98M	-3.63M	-1.36M	766K	-4.73M
Net Margin %	-2.12%	-1.12%	-45.61%	-27.13%	-68.44%	-53.41%	-44.19%	-18.95%	8.45%	-43.87%
Net Income Growth %	-151.14%	75.52%	-2790.72%	64.43%	-76.73%	7.69%	8.8%	62.49%	156.32%	-717.62%
Net Income (Continuing)	-968K	-237K	-6.85M	-2.44M	-4.31M	-3.98M	-3.63M	-1.36M	766K	-4.73M
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)+	-0.04	-0.01	-0.27	-0.11	-0.20	-0.19	-0.17	-0.03	0.04	-0.22
EPS Growth %	-151%	75.63%	-	59.26%	-81.82%	5%	10.53%	81.59%	216.29%	-704.4%
EPS (Basic)	-0.04	-0.01	-0.27	-0.11	-0.20	-0.19	-0.17	-0.03	0.04	-0.22
Diluted Shares Outstanding	27.13M	27.11M	25.28M	21.93M	21.04M	21.04M	21.04M	21.04M	21.04M	21.04M
Basic Shares Outstanding	27.13M	27.11M	25.28M	21.93M	21.04M	21.04M	21.04M	21.04M	21.04M	21.04M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	58.33M	56.94M	47.06M	41.25M	37.36M	33.59M	29.51M	31.09M	28.6M	22.79M
Cash & Short-Term Investments	50.25M	52.55M	41.1M	36.29M	34.38M	30.29M	25.58M	25.27M	19.89M	16.05M
Cash Only	30.1M	27.47M	25.1M	7.92M	6.28M	5.25M	25.58M	25.27M	19.89M	1.19M
Short-Term Investments	20.16M	25.08M	16M	28.37M	28.1M	25.05M	0	0	0	14.87M
Accounts Receivable	4.09M	1.31M	1.95M	604K	484K	691K	1.29M	1.41M	1.38M	1.54M
Days Sales Outstanding	32.65	22.45	47.31	24.54	28.07	33.88	57.56	71.71	55.53	52.15
Inventory	2.06M	838K	3.16M	3.52M	1.92M	1.96M	2.11M	3.81M	6.95M	4.91M
Days Inventory Outstanding	19.33	18.79	82.96	146.67	103.64	124.5	123.6	274.18	338.11	181.28
Other Current Assets	1.37M	1.49M	497K	417K	327K	289K	390K	357K	274K	247K
Total Non-Current Assets+	1.56M	910K	693K	608K	545K	310K	497K	276K	461K	736K
Property, Plant & Equipment	29K	18K	14K	6K	451K	216K	407K	202K	377K	660K
Fixed Asset Turnover	1577.62x	1180.61x	1073.00x	1497.00x	13.95x	34.47x	20.16x	35.53x	24.06x	16.34x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	132K	101K	151K	154K	94K	94K	90K	74K	84K	76K
Total Assets+	59.89M	57.85M	47.76M	41.86M	37.9M	33.9M	30.01M	31.37M	29.07M	23.53M
Asset Turnover	0.76x	0.37x	0.31x	0.21x	0.17x	0.22x	0.27x	0.23x	0.31x	0.46x
Asset Growth %	-3.66%	-3.41%	-17.44%	-12.35%	-9.46%	-10.55%	-11.48%	4.54%	-7.35%	-19.04%
Total Current Liabilities+	2.66M	921K	1.1M	960K	1.21M	1.54M	1.38M	4.65M	1.97M	1.71M
Accounts Payable	1.69M	756K	803K	545K	592K	788K	758K	641K	1.16M	808K
Days Payables Outstanding	15.9	16.95	21.05	22.71	31.99	50.03	44.36	46.09	56.31	29.84
Short-Term Debt	0	0	0	0	0	204K	0	0	0	0
Deferred Revenue (Current)	0	0	50K	165K	180K	195K	210K	149K	191K	96K
Other Current Liabilities	512K	165K	250K	250K	0	0	0	3.32M	0	0
Current Ratio	21.94x	61.82x	42.67x	42.97x	30.90x	21.87x	21.46x	6.69x	14.49x	13.33x
Quick Ratio	21.17x	60.91x	39.80x	39.31x	29.31x	20.59x	19.93x	5.87x	10.97x	10.46x
Cash Conversion Cycle	36.08	24.29	109.21	148.5	99.72	108.35	136.8	299.8	337.33	203.6
Total Non-Current Liabilities+	0	0	2.87M	2.17M	2.27M	1.92M	1.82M	1.26M	866K	326K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	238K	85K	203K	62K	198K	326K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	2.87M	2.17M	2.03M	1.84M	1.61M	1.2M	668K	0
Total Liabilities	2.66M	921K	3.97M	3.13M	3.48M	3.46M	3.19M	5.91M	2.84M	2.04M
Total Debt+	0	0	0	0	480K	442K	415K	202K	291K	463K
Net Debt	-30.1M	-27.47M	-25.1M	-7.92M	-5.8M	-4.8M	-25.16M	-25.07M	-19.6M	-723K
Debt / Equity	-	-	-	-	0.01x	0.01x	0.02x	0.01x	0.01x	0.02x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-163.00x	-970.50x	-	-	-601.43x	-312.73x	-209.60x	-679.80x	-623.89x
Total Equity+	57.23M	56.93M	43.78M	38.73M	34.42M	30.45M	26.82M	25.46M	26.23M	21.49M
Equity Growth %	-1.66%	-0.53%	-23.09%	-11.55%	-11.12%	-11.55%	-11.91%	-5.07%	3.01%	-18.04%
Book Value per Share	2.11	2.10	1.73	1.77	1.64	1.45	1.27	1.21	1.25	1.02
Total Shareholders' Equity	57.23M	56.93M	43.78M	38.73M	34.42M	30.45M	26.82M	25.46M	26.23M	21.49M
Common Stock	529K	529K	529K	529K	529K	529K	529K	529K	529K	529K
Retained Earnings	-2.18M	-2.41M	-9.27M	-11.7M	-16.01M	-19.98M	-23.61M	-24.97M	-24.2M	-28.94M
Treasury Stock	-24.22M	-24.29M	-30.58M	-33.2M	-33.2M	-33.2M	-33.2M	-33.2M	-33.2M	-33.2M
Accumulated OCI	-511K	-506K	-507K	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	6.77M	1.87M	-5.16M	-2.19M	-1.91M	-4.29M	-4.71M	-306K	-5.26M	-3.65M
Operating CF Margin %	14.79%	8.79%	-34.32%	-24.38%	-30.37%	-57.66%	-57.42%	-4.26%	-57.97%	-33.82%
Operating CF Growth %	51.5%	-72.38%	-375.87%	57.53%	12.74%	-124.65%	-9.76%	93.51%	-1618.3%	30.64%
Net Income	-968K	-237K	-6.85M	-2.44M	-4.31M	-3.98M	-3.63M	-1.36M	766K	-4.73M
Depreciation & Amortization	48K	16K	8K	5K	35K	233K	214K	1K	25K	1.19M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	619K	610K	263K	80K	448K	0	0	0	0	0
Other Non-Cash Items	-6.39M	-4.14M	-166K	-193K	3K	-22K	-198K	204K	204K	-824K
Working Capital Changes	7.07M	1.48M	1.59M	355K	1.91M	-528K	-1.1M	849K	-6.25M	723K
Change in Receivables	2.23M	2.15M	-510K	1.48M	117K	-185K	-609K	-116K	-7K	-1.27M
Change in Inventory	2.46M	1.22M	-2.33M	-356K	1.6M	-43K	-151K	-1.7M	-3.14M	2.04M
Change in Payables	-446K	-935K	47K	-258K	47K	196K	-30K	-117K	517K	0
Cash from Investing+	-20.16M	-4.43M	9.07M	-12.37M	270K	3.06M	25.04M	0	-119K	-15.06M
Capital Expenditures	0	-5K	-4K	0	0	-2K	-2K	0	-119K	-195K
CapEx % of Revenue	-	0.02%	0.03%	-	-	0.03%	0.02%	-	1.31%	1.81%
Acquisitions	0	0	0	0	0	2K	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-20.16M	500K	9.08M	3K	0	2K	0	0	0	-14.87M
Cash from Financing+	0	-66K	-6.29M	-2.62M	0	204K	0	-2K	-1K	6K
Debt Issued (Net)	0	0	0	0	0	204K	0	-2K	-1K	5K
Equity Issued (Net)	0	-66K	-1000K	-1000K	0	0	0	0	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	-66K	-6.29M	-2.62M	0	0	0	0	0	0
Other Financing	0	0	0	0	0	0	0	0	0	1K
Net Change in Cash	-13.39M	-2.63M	-2.38M	-17.18M	-1.64M	-1.03M	20.33M	-308K	-5.38M	-18.7M
Free Cash Flow+	6.77M	1.86M	-5.16M	-2.19M	-1.91M	-4.29M	-4.71M	-306K	-5.38M	-3.84M
FCF Margin %	14.79%	8.77%	-34.35%	-24.38%	-30.37%	-57.69%	-57.45%	-4.26%	-59.28%	-35.62%
FCF Growth %	51.84%	-72.45%	-376.82%	57.56%	12.74%	-124.75%	-9.76%	93.51%	-1657.19%	28.55%
FCF per Share	0.25	0.07	-0.20	-0.10	-0.09	-0.20	-0.22	-0.01	-0.26	-0.18
FCF Conversion (FCF/Net Income)	-6.99x	-7.89x	0.75x	0.90x	0.44x	1.08x	1.30x	0.23x	-6.86x	0.77x
Interest Paid	0	2K	4K	0	0	7K	11K	10K	5K	9K
Taxes Paid	292K	1.52M	320K	277K	199K	197K	222K	205K	478K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-1.68%	-0.42%	-13.61%	-5.91%	-11.78%	-12.26%	-12.66%	-5.2%	2.96%	-19.83%
Return on Invested Capital (ROIC)	-5.04%	-0.86%	-12.1%	-11.05%	-11.67%	-11.64%	-18.9%	-153.29%	-72.64%	-30.74%
Gross Margin	15.15%	23.41%	7.33%	2.47%	-7.34%	22.78%	23.99%	29.27%	17.24%	8.35%
Net Margin	-2.12%	-1.12%	-45.61%	-27.13%	-68.44%	-53.41%	-44.19%	-18.95%	8.45%	-43.87%
Debt / Equity	-	-	-	-	0.01x	0.01x	0.02x	0.01x	0.01x	0.02x
Interest Coverage	-	-163.00x	-970.50x	-	-	-601.43x	-312.73x	-209.60x	-679.80x	-623.89x
FCF Conversion	-6.99x	-7.89x	0.75x	0.90x	0.44x	1.08x	1.30x	0.23x	-6.86x	0.77x
Revenue Growth	-40.06%	-53.55%	-29.31%	-40.21%	-29.94%	18.31%	10.22%	-12.54%	26.38%	18.91%

US Stock Screener

...

Emerson Radio Corp. (MSN) 10-Year Financial Performance & Capital Metrics

MSN •

TechnologyConsumer ElectronicsSmart home and small appliances

Revenue $11M +18.9%
EBITDA -$6M -64.1%
Net Income -$5M -717.6%
EPS (Diluted) -0.22 -704.4%
Gross Margin 8.35% -51.6%
EBITDA Margin -51.33% -38.0%
Operating Margin -52.06% -38.9%
Net Margin -43.87% -619.4%
ROE -19.83% -768.9%
ROIC -30.74% +57.7%
Debt/Equity 0.02 +94.1%
Interest Coverage -623.89 +8.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 11.4%
✓Trading at only 0.4x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-17.77%

5Y11.38%

3Y9.54%

TTM-40.51%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-61.02%

EPS CAGR

10Y-

5Y-

3Y-

TTM-59.9%

ROCE

10Y Avg-9.74%

5Y Avg-13.33%

3Y Avg-14.39%

Latest-22.96%

Peer Comparison

Smart home and small appliances

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NXTNextpower Inc.	15.6B	105.10	30.29	18.38%	16.43%	27.53%	3.99%
MSNEmerson Radio Corp.	8.84M	0.42	-1.91	18.91%	-79.04%	-28.14%		0.02
UEICUniversal Electronics Inc.	50.39M	3.77	-2.04	-6.08%	-5.64%	-15.08%	12.69%	0.32
FEBOFenbo Holdings Limited Ordinary Shares	11.73M	1.06	-5.88	11.87%	-0.91%	-0.29%		0.58
BWNBBabcock & Wilcox Enterprises, I	2.38B	24.97	-30.45	-1.37%	-20.07%
BWSNBabcock & Wilcox Enterprises, I	2.4B	25.18	-30.71	-1.37%	-20.07%

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	45.75M	21.25M	15.02M	8.98M	6.29M	7.45M	8.21M	7.18M	9.07M	10.79M
Revenue Growth %	-40.06%	-53.55%	-29.31%	-40.21%	-29.94%	18.31%	10.22%	-12.54%	26.38%	18.91%
Cost of Goods Sold+	38.82M	16.28M	13.92M	8.76M	6.75M	5.75M	6.24M	5.08M	7.51M	9.88M
COGS % of Revenue	84.85%	76.59%	92.67%	97.53%	107.34%	77.22%	76.01%	70.73%	82.76%	91.65%
Gross Profit+	6.93M	4.97M	1.1M	222K	-462K	1.7M	1.97M	2.1M	1.56M	901K
Gross Margin %	15.15%	23.41%	7.33%	2.47%	-7.34%	22.78%	23.99%	29.27%	17.24%	8.35%
Gross Profit Growth %	-51.3%	-28.25%	-77.86%	-79.84%	-308.11%	467.1%	16.1%	6.7%	-25.56%	-42.39%
Operating Expenses+	8.34M	5.3M	4.98M	3.87M	4.16M	5.91M	5.41M	4.2M	4.96M	6.52M
OpEx % of Revenue	18.22%	24.94%	33.17%	43.09%	66.17%	79.33%	65.92%	58.48%	54.72%	60.42%
Selling, General & Admin	7.97M	5.1M	4.92M	3.84M	4.16M	5.91M	5.41M	4.2M	4.96M	6.52M
SG&A % of Revenue	17.42%	24%	32.77%	42.79%	66.17%	79.33%	65.92%	58.48%	54.72%	60.42%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	367K	199K	60K	27K	0	0	0	0	0	0
Operating Income+	-1.41M	-326K	-3.88M	-3.65M	-4.63M	-4.21M	-3.44M	-2.1M	-3.4M	-5.62M
Operating Margin %	-3.07%	-1.53%	-25.84%	-40.61%	-73.51%	-56.55%	-41.92%	-29.2%	-37.48%	-52.06%
Operating Income Growth %	-129.61%	76.8%	-1090.8%	6.03%	-26.81%	8.99%	18.29%	39.07%	-62.17%	-65.2%
EBITDA+	-1.36M	-310K	-3.87M	-3.64M	-4.59M	-3.98M	-3.23M	-2.1M	-3.37M	-5.54M
EBITDA Margin %	-2.97%	-1.46%	-25.79%	-40.56%	-72.95%	-53.42%	-39.31%	-29.19%	-37.19%	-51.33%
EBITDA Growth %	-128.15%	77.16%	-1149.68%	5.96%	-26.02%	13.37%	18.88%	35.06%	-61%	-64.13%
D&A (Non-Cash Add-back)	48K	16K	8K	5K	35K	233K	214K	1K	26K	79K
EBIT	-1.23M	-63K	-3.39M	-2.79M	-3.85M	-3.97M	-3.62M	-1.35M	861K	-4.72M
Net Interest Income+	178K	261K	492K	859K	776K	151K	57K	702K	1.16M	887K
Interest Income	178K	263K	496K	859K	776K	158K	68K	712K	1.16M	896K
Interest Expense	0	2K	4K	0	0	7K	11K	10K	5K	9K
Other Income/Expense	178K	261K	492K	859K	776K	234K	-186K	736K	4.25M	887K
Pretax Income+	-1.23M	-65K	-3.39M	-2.79M	-3.85M	-3.98M	-3.63M	-1.36M	856K	-4.73M
Pretax Margin %	-2.68%	-0.31%	-22.57%	-31.05%	-61.18%	-53.41%	-44.19%	-18.95%	9.44%	-43.84%
Income Tax+	-259K	172K	3.46M	-352K	457K	0	0	0	90K	3K
Effective Tax Rate %	78.89%	364.62%	202.09%	87.38%	111.87%	100%	100%	100%	89.49%	100.06%
Net Income+	-968K	-237K	-6.85M	-2.44M	-4.31M	-3.98M	-3.63M	-1.36M	766K	-4.73M
Net Margin %	-2.12%	-1.12%	-45.61%	-27.13%	-68.44%	-53.41%	-44.19%	-18.95%	8.45%	-43.87%
Net Income Growth %	-151.14%	75.52%	-2790.72%	64.43%	-76.73%	7.69%	8.8%	62.49%	156.32%	-717.62%
Net Income (Continuing)	-968K	-237K	-6.85M	-2.44M	-4.31M	-3.98M	-3.63M	-1.36M	766K	-4.73M
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)+	-0.04	-0.01	-0.27	-0.11	-0.20	-0.19	-0.17	-0.03	0.04	-0.22
EPS Growth %	-151%	75.63%	-	59.26%	-81.82%	5%	10.53%	81.59%	216.29%	-704.4%
EPS (Basic)	-0.04	-0.01	-0.27	-0.11	-0.20	-0.19	-0.17	-0.03	0.04	-0.22
Diluted Shares Outstanding	27.13M	27.11M	25.28M	21.93M	21.04M	21.04M	21.04M	21.04M	21.04M	21.04M
Basic Shares Outstanding	27.13M	27.11M	25.28M	21.93M	21.04M	21.04M	21.04M	21.04M	21.04M	21.04M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	58.33M	56.94M	47.06M	41.25M	37.36M	33.59M	29.51M	31.09M	28.6M	22.79M
Cash & Short-Term Investments	50.25M	52.55M	41.1M	36.29M	34.38M	30.29M	25.58M	25.27M	19.89M	16.05M
Cash Only	30.1M	27.47M	25.1M	7.92M	6.28M	5.25M	25.58M	25.27M	19.89M	1.19M
Short-Term Investments	20.16M	25.08M	16M	28.37M	28.1M	25.05M	0	0	0	14.87M
Accounts Receivable	4.09M	1.31M	1.95M	604K	484K	691K	1.29M	1.41M	1.38M	1.54M
Days Sales Outstanding	32.65	22.45	47.31	24.54	28.07	33.88	57.56	71.71	55.53	52.15
Inventory	2.06M	838K	3.16M	3.52M	1.92M	1.96M	2.11M	3.81M	6.95M	4.91M
Days Inventory Outstanding	19.33	18.79	82.96	146.67	103.64	124.5	123.6	274.18	338.11	181.28
Other Current Assets	1.37M	1.49M	497K	417K	327K	289K	390K	357K	274K	247K
Total Non-Current Assets+	1.56M	910K	693K	608K	545K	310K	497K	276K	461K	736K
Property, Plant & Equipment	29K	18K	14K	6K	451K	216K	407K	202K	377K	660K
Fixed Asset Turnover	1577.62x	1180.61x	1073.00x	1497.00x	13.95x	34.47x	20.16x	35.53x	24.06x	16.34x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	132K	101K	151K	154K	94K	94K	90K	74K	84K	76K
Total Assets+	59.89M	57.85M	47.76M	41.86M	37.9M	33.9M	30.01M	31.37M	29.07M	23.53M
Asset Turnover	0.76x	0.37x	0.31x	0.21x	0.17x	0.22x	0.27x	0.23x	0.31x	0.46x
Asset Growth %	-3.66%	-3.41%	-17.44%	-12.35%	-9.46%	-10.55%	-11.48%	4.54%	-7.35%	-19.04%
Total Current Liabilities+	2.66M	921K	1.1M	960K	1.21M	1.54M	1.38M	4.65M	1.97M	1.71M
Accounts Payable	1.69M	756K	803K	545K	592K	788K	758K	641K	1.16M	808K
Days Payables Outstanding	15.9	16.95	21.05	22.71	31.99	50.03	44.36	46.09	56.31	29.84
Short-Term Debt	0	0	0	0	0	204K	0	0	0	0
Deferred Revenue (Current)	0	0	50K	165K	180K	195K	210K	149K	191K	96K
Other Current Liabilities	512K	165K	250K	250K	0	0	0	3.32M	0	0
Current Ratio	21.94x	61.82x	42.67x	42.97x	30.90x	21.87x	21.46x	6.69x	14.49x	13.33x
Quick Ratio	21.17x	60.91x	39.80x	39.31x	29.31x	20.59x	19.93x	5.87x	10.97x	10.46x
Cash Conversion Cycle	36.08	24.29	109.21	148.5	99.72	108.35	136.8	299.8	337.33	203.6
Total Non-Current Liabilities+	0	0	2.87M	2.17M	2.27M	1.92M	1.82M	1.26M	866K	326K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	238K	85K	203K	62K	198K	326K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	2.87M	2.17M	2.03M	1.84M	1.61M	1.2M	668K	0
Total Liabilities	2.66M	921K	3.97M	3.13M	3.48M	3.46M	3.19M	5.91M	2.84M	2.04M
Total Debt+	0	0	0	0	480K	442K	415K	202K	291K	463K
Net Debt	-30.1M	-27.47M	-25.1M	-7.92M	-5.8M	-4.8M	-25.16M	-25.07M	-19.6M	-723K
Debt / Equity	-	-	-	-	0.01x	0.01x	0.02x	0.01x	0.01x	0.02x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-163.00x	-970.50x	-	-	-601.43x	-312.73x	-209.60x	-679.80x	-623.89x
Total Equity+	57.23M	56.93M	43.78M	38.73M	34.42M	30.45M	26.82M	25.46M	26.23M	21.49M
Equity Growth %	-1.66%	-0.53%	-23.09%	-11.55%	-11.12%	-11.55%	-11.91%	-5.07%	3.01%	-18.04%
Book Value per Share	2.11	2.10	1.73	1.77	1.64	1.45	1.27	1.21	1.25	1.02
Total Shareholders' Equity	57.23M	56.93M	43.78M	38.73M	34.42M	30.45M	26.82M	25.46M	26.23M	21.49M
Common Stock	529K	529K	529K	529K	529K	529K	529K	529K	529K	529K
Retained Earnings	-2.18M	-2.41M	-9.27M	-11.7M	-16.01M	-19.98M	-23.61M	-24.97M	-24.2M	-28.94M
Treasury Stock	-24.22M	-24.29M	-30.58M	-33.2M	-33.2M	-33.2M	-33.2M	-33.2M	-33.2M	-33.2M
Accumulated OCI	-511K	-506K	-507K	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	6.77M	1.87M	-5.16M	-2.19M	-1.91M	-4.29M	-4.71M	-306K	-5.26M	-3.65M
Operating CF Margin %	14.79%	8.79%	-34.32%	-24.38%	-30.37%	-57.66%	-57.42%	-4.26%	-57.97%	-33.82%
Operating CF Growth %	51.5%	-72.38%	-375.87%	57.53%	12.74%	-124.65%	-9.76%	93.51%	-1618.3%	30.64%
Net Income	-968K	-237K	-6.85M	-2.44M	-4.31M	-3.98M	-3.63M	-1.36M	766K	-4.73M
Depreciation & Amortization	48K	16K	8K	5K	35K	233K	214K	1K	25K	1.19M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	619K	610K	263K	80K	448K	0	0	0	0	0
Other Non-Cash Items	-6.39M	-4.14M	-166K	-193K	3K	-22K	-198K	204K	204K	-824K
Working Capital Changes	7.07M	1.48M	1.59M	355K	1.91M	-528K	-1.1M	849K	-6.25M	723K
Change in Receivables	2.23M	2.15M	-510K	1.48M	117K	-185K	-609K	-116K	-7K	-1.27M
Change in Inventory	2.46M	1.22M	-2.33M	-356K	1.6M	-43K	-151K	-1.7M	-3.14M	2.04M
Change in Payables	-446K	-935K	47K	-258K	47K	196K	-30K	-117K	517K	0
Cash from Investing+	-20.16M	-4.43M	9.07M	-12.37M	270K	3.06M	25.04M	0	-119K	-15.06M
Capital Expenditures	0	-5K	-4K	0	0	-2K	-2K	0	-119K	-195K
CapEx % of Revenue	-	0.02%	0.03%	-	-	0.03%	0.02%	-	1.31%	1.81%
Acquisitions	0	0	0	0	0	2K	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-20.16M	500K	9.08M	3K	0	2K	0	0	0	-14.87M
Cash from Financing+	0	-66K	-6.29M	-2.62M	0	204K	0	-2K	-1K	6K
Debt Issued (Net)	0	0	0	0	0	204K	0	-2K	-1K	5K
Equity Issued (Net)	0	-66K	-1000K	-1000K	0	0	0	0	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	-66K	-6.29M	-2.62M	0	0	0	0	0	0
Other Financing	0	0	0	0	0	0	0	0	0	1K
Net Change in Cash	-13.39M	-2.63M	-2.38M	-17.18M	-1.64M	-1.03M	20.33M	-308K	-5.38M	-18.7M
Free Cash Flow+	6.77M	1.86M	-5.16M	-2.19M	-1.91M	-4.29M	-4.71M	-306K	-5.38M	-3.84M
FCF Margin %	14.79%	8.77%	-34.35%	-24.38%	-30.37%	-57.69%	-57.45%	-4.26%	-59.28%	-35.62%
FCF Growth %	51.84%	-72.45%	-376.82%	57.56%	12.74%	-124.75%	-9.76%	93.51%	-1657.19%	28.55%
FCF per Share	0.25	0.07	-0.20	-0.10	-0.09	-0.20	-0.22	-0.01	-0.26	-0.18
FCF Conversion (FCF/Net Income)	-6.99x	-7.89x	0.75x	0.90x	0.44x	1.08x	1.30x	0.23x	-6.86x	0.77x
Interest Paid	0	2K	4K	0	0	7K	11K	10K	5K	9K
Taxes Paid	292K	1.52M	320K	277K	199K	197K	222K	205K	478K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-1.68%	-0.42%	-13.61%	-5.91%	-11.78%	-12.26%	-12.66%	-5.2%	2.96%	-19.83%
Return on Invested Capital (ROIC)	-5.04%	-0.86%	-12.1%	-11.05%	-11.67%	-11.64%	-18.9%	-153.29%	-72.64%	-30.74%
Gross Margin	15.15%	23.41%	7.33%	2.47%	-7.34%	22.78%	23.99%	29.27%	17.24%	8.35%
Net Margin	-2.12%	-1.12%	-45.61%	-27.13%	-68.44%	-53.41%	-44.19%	-18.95%	8.45%	-43.87%
Debt / Equity	-	-	-	-	0.01x	0.01x	0.02x	0.01x	0.01x	0.02x
Interest Coverage	-	-163.00x	-970.50x	-	-	-601.43x	-312.73x	-209.60x	-679.80x	-623.89x
FCF Conversion	-6.99x	-7.89x	0.75x	0.90x	0.44x	1.08x	1.30x	0.23x	-6.86x	0.77x
Revenue Growth	-40.06%	-53.55%	-29.31%	-40.21%	-29.94%	18.31%	10.22%	-12.54%	26.38%	18.91%

Emerson Radio Corp. (MSN) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare MSN vs Peers

vs NXT

vs BWSN

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Emerson Radio Corp. (MSN) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare MSN vs Peers

vs NXT

vs BWSN

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios