CEPL Capstone Energy Plus, Inc.

Overview and Growth

Fiscal 2026 results for Capstone Energy Plus, Inc. combined $106.00M of revenue with net income of $2.83M and an operating cash outflow of $2.53M. The $106.00M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $85.56M in fiscal 2025, revenue recorded a 23.9% year-over-year increase. Diluted earnings per share were -$3.21, translating the period’s attributable earnings into the amount reported for each diluted share. At period end, total assets were $111.45M, framing the scale of the company’s operating and financing commitments. Revenue equaled 0.95x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $33.87M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 32.0% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $3.39M, capturing profitability after direct costs and the operating expenses reflected in the statements. Relative to revenue, operating income represented 3.2%, showing how efficiently sales converted into operating profit. Net income came to $2.83M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 2.7%, meaning that this portion of revenue remained as net income after all recognized expenses. Pretax income was $2.77M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 2.6% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized an income-tax benefit of $54.00K, increasing after-tax earnings relative to the pretax result. The effective tax-benefit relationship was 1.9% of positive pretax income. Net income represented 2.5% of period-end assets, placing the company’s bottom-line result against the total resource base employed. The company moved from a $7.19M net loss in fiscal 2025 to net income of $2.83M.

Liquidity and Capital Structure

The company reported negative equity of -$44.47M, a capital deficit that reduces its ability to absorb losses through book equity. Current assets were $67.83M against $70.78M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 0.96x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. Reported cash and equivalents were $28.18M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 39.8% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The company carried $50.64M of total debt at period end, which frames its leverage and debt-service burden. Debt represented 45.4% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 73.6%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 25.3%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 48.9% from $74.86M in fiscal 2025, leaving current total assets higher year over year. Compared with $8.67M in fiscal 2025, the current cash balance moved 225.0% and finished higher.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $2.53M, rather than cash generation from operations. Capital spending of $835.00K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. The company recorded a $3.36M cash deficit after capital spending for the period. Free-cash-flow margin was -3.2%, reflecting a cash deficit equal to 3.2% of revenue after capital spending. The cash deficit after capital spending represented 3.0% of the period-end asset base.

Based on the annual report for the fiscal year ending Mar 31, 2026. Analysis generated Oct 20, 2026.