DOMH Dominari Holdings Inc.

Overview and Growth

Fiscal 2025 results for Dominari Holdings Inc. combined $123.10M of revenue with net loss of $22.43M and an operating cash inflow of $22.72M. The $123.10M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 487.0% above fiscal 2024 revenue of $20.97M, marking a year-over-year increase. On a per-share basis, diluted EPS was -$1.57, which connects the reported earnings outcome with the company’s diluted share count. A diluted share base of 14.29M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Compared with 6.18M diluted shares in fiscal 2024, the current 14.29M base was 131.0% higher. The company employed $112.91M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 1.09x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Operations produced a $55.73M operating loss before non-operating and tax effects. An operating margin of -45.3% reflected costs exceeding revenue-level gross profit by 45.3% of sales. The bottom-line result was a net loss of $22.43M after operating, financing, tax, and other recognized items. Measured against revenue, the bottom-line deficit represented 18.2% after all recognized items. The company reported negative EBITDA of $55.62M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. Before income taxes, the company recorded a loss of $13.15M, bridging the operating result to the final net loss. The pretax loss equaled 10.7% of revenue, measuring the pre-tax deficit against sales. Income tax expense totaled $7.32M, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-equity relationship was 32.3%, placing the bottom-line deficit against shareholder capital. Relative to total assets, the net loss represented 19.9%. The bottom-line deficit increased from $14.70M in fiscal 2024 to $22.43M.

Liquidity and Capital Structure

Total assets were $112.91M, supported by $43.54M of liabilities and $69.37M of shareholder equity. Cash and equivalents totaled $34.01M, identifying the most liquid reported component available within the broader current-asset balance. The equity-to-assets relationship was 61.4%, placing book capital against the total resource base. Liabilities represented 38.6% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 30.1%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 139.6% higher than fiscal 2024 assets of $47.12M, measuring the company’s own balance-sheet change. Against $39.85M of equity in fiscal 2024, the current book-equity balance moved 74.1% and ended higher. The reported cash balance changed 733.7% from $4.08M in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

The company reported $22.72M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow moved from a $16.73M outflow in fiscal 2024 to a $22.72M inflow.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.