OCC OPTICAL CABLE CORP

Overview and Growth

Fiscal 2025 results for OPTICAL CABLE CORP combined $73.04M of revenue with net loss of $1.45M and an operating cash inflow of $1.41M. The $73.04M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 9.5% above fiscal 2024 revenue of $66.67M, marking a year-over-year increase. The company employed $40.06M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 1.82x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $22.60M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 30.9% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was an operating loss of $450.33K, reflecting costs that exceeded gross profit. The operating loss equaled 0.6% of revenue, showing the scale of the operating deficit relative to sales. After all below-operating-line items, the company recorded a net loss of $1.45M for the fiscal year. The net loss equaled 2.0% of revenue, showing the bottom-line deficit relative to the company’s sales base. EBITDA was $354.18K, adding a pre-interest, tax, depreciation, and amortization view of the company’s earnings capacity. The company reported a pretax loss of $1.42M, before the effect of income taxes. Pretax margin was -2.0%, reflecting a pre-tax loss equal to 2.0% of revenue. The company recognized $30.30K of income tax for the period, completing the transition from pretax income to net income. Relative to period-end equity, the net loss represented 8.8%. Relative to total assets, the net loss represented 3.6%. The bottom-line deficit decreased from $4.21M in fiscal 2024 to $1.45M.

Liquidity and Capital Structure

Current assets were $30.76M against $16.85M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 1.82x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $237.51K, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 1.4% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The equity-to-assets relationship was 41.2%, placing book capital against the total resource base. The liabilities-to-assets relationship was 46.1%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 0.6%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 0.7% lower than fiscal 2024 assets of $40.36M, measuring the company’s own balance-sheet change. Book equity was 20.8% lower than fiscal 2024 equity of $20.84M, showing how shareholder capital changed year over year. Compared with $244.25K in fiscal 2024, the current cash balance moved 2.8% and finished lower.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $1.41M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Capital expenditures used $295.54K, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 20.9% of operating cash flow, leaving the remainder available as free cash flow. After capital spending, free cash flow was $1.12M, leaving cash available for debt reduction, shareholder returns, or further investment. The free-cash-flow margin was 1.5%, measuring cash remaining after capital spending against revenue. Measured against total assets, free cash flow represented 2.8%, showing the cash productivity of the company’s assets. Operating cash flow moved from a $857.02K outflow in fiscal 2024 to a $1.41M inflow.

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