ALTEX Company Profile and Key Details

Over the trailing twelve months, Firsthand Alternative Energy generated $69.56M in revenue, or $0.50 per share. Gross margin was 100.00%, operating margin 57.52%, and net profit margin 161.86%. Returns are modest, with ROA at 3.75% and ROE at 6.41%.
On valuation metrics, Firsthand Alternative Energy trades at a P/E of 16.38, P/S of 0.13 and P/B of 0.00. Liquidity is tight, with a current ratio of 0.17 and quick ratio of 0.17. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 16.89 days. Debt-to-equity is 0.28, supported by a cash flow-to-debt ratio of 0.28.

For the quarter ended Nov 30, 2023, Firsthand Alternative Energy posted revenue of $69.56M, down slightly from $48.80M in the prior quarter. Gross profit was $69.56M (margin 100.00%). Operating income was $40.01M (margin 57.5%). Net income was$112.59M (EPS $0.82).
The company ended the quarter with $2.00M in cash and short-term investments, a total debt of $0.00, and net debt of - $2.00M. Total assets were $3.00B, with equity of $1.76B. Financials further reflected stability, with operating cash flow of $309.10M, free cash flow of $309.10M, and capital expenditures of $0.00.