Financial Statements — JWEL
Balance Sheet
(in millions USD)| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.74 | 2.18 | 1.25 | 16.72 | 21.25 | 18.24 |
| Accounts Receivable | 0.08 | 2.04 | 2.40 | 6.21 | 4.97 | 0.31 |
| Inventory | 5.95 | 8.34 | 8.20 | 13.28 | 12.32 | 7.40 |
| Total Current Assets | 16.01 | 17.63 | 26.66 | 59.90 | 46.31 | 30.01 |
| Property, Plant & Equipment | 0.17 | 0.29 | 0.68 | 1.02 | 0.52 | 0.01 |
| Intangible Assets | 1.08 | 0.51 | 0.63 | 0.86 | 0.39 | 0.03 |
| Total Non-current Assets* | 5.88 | 8.21 | 8.64 | 11.30 | 12.42 | 3.85 |
| Total Assets | 21.89 | 25.85 | 35.30 | 71.20 | 58.73 | 33.86 |
| Accounts Payable | 0.00 | -- | -- | 1.81 | 2.33 | 5.69 |
| Short-term Debt | -- | -- | 0.42 | 17.00 | 17.00 | -- |
| Total Current Liabilities | 9.55 | 7.41 | 9.05 | 31.64 | 15.05 | 12.15 |
| Long-term Debt | 0.01 | 0.01 | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.88 | 1.52 | 1.03 | 2.10 | 3.99 | 2.97 |
| Total Liabilities | 10.44 | 8.93 | 10.08 | 33.74 | 19.04 | 15.12 |
| Retained Earnings | (40.28) | (34.00) | (26.04) | (14.57) | (3.04) | 3.35 |
| Total Stockholder Equity | 11.45 | 16.91 | 25.20 | 37.43 | 39.68 | 18.74 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | 165.00 | 132.98 | 160.01 | 209.82 | 169.39 | 95.36 |
| Cost of Revenue* | -- | -- | (10.57) | 1.10 | -- | (1.50) |
| Gross Profit | -- | -- | 170.58 | 208.88 | -- | 96.86 |
| Selling, General & Admin | 3.37 | 2.72 | 3.37 | 5.79 | 5.51 | 2.06 |
| Total Operating Expenses | 170.02 | 141.07 | 170.90 | 222.02 | 177.90 | 91.77 |
| Operating Income | (5.02) | (8.09) | (10.89) | (12.04) | (6.99) | 5.11 |
| Interest Expense | -- | -- | 0.08 | 0.12 | 0.09 | -- |
| Pretax Income | (5.80) | (7.97) | (11.38) | (11.95) | (6.58) | 5.12 |
| Tax Provision | 0.48 | 0.03 | 0.14 | (0.42) | (0.19) | 1.53 |
| Net Income | (6.28) | (7.96) | (11.47) | (11.53) | (6.39) | 3.59 |
| Basic EPS | (2.87) | (3.69) | (5.38) | (0.39) | (0.26) | -- |
| Diluted EPS | (2.87) | (3.69) | (5.38) | (0.39) | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | (1.53) | 0.79 | (13.49) | (11.99) | (18.03) | 6.34 |
| Capital Expenditures | 0.01 | 0.12 | 0.01 | 0.66 | 0.61 | 0.00 |
| Free Cash Flow* | (1.54) | 0.67 | (13.50) | (12.65) | (18.64) | 6.34 |
| Investing Cash Flow | (0.01) | (0.12) | (0.04) | (1.34) | (6.64) | (0.12) |
| Financing Cash Flow | 1.99 | (0.02) | (1.63) | 9.94 | 27.21 | 11.34 |
* Derived from reported values