PWCM POWERCOMPUTE, INC.

Overview and Growth

In fiscal 2025, POWERCOMPUTE, INC. recorded $8.84M of revenue, net loss of $26.92M, and an operating cash outflow of $13.99M. The $8.84M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 19.6% below fiscal 2024 revenue of $11.00M, marking a top-line contraction. Diluted earnings per share were -$3.28, translating the period’s attributable earnings into the amount reported for each diluted share. A diluted share base of 8.70M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The diluted share count was 209.8% higher than fiscal 2024, when diluted shares averaged 2.81M, adding context to the EPS comparison. The company employed $51.32M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.17x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The company recorded an operating loss of $22.88M after the reported operating expense base. Relative to revenue, the operating deficit measured 258.7%, showing the shortfall after operating costs. The bottom-line result was a net loss of $26.92M after operating, financing, tax, and other recognized items. Measured against revenue, the bottom-line deficit represented 304.4% after all recognized items. The company reported negative EBITDA of $14.71M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. Before income taxes, the company recorded a loss of $26.98M, bridging the operating result to the final net loss. Pretax margin was -305.0%, reflecting a pre-tax loss equal to 305.0% of revenue. Income tax expense totaled $0.00, providing the reported tax component that separates pretax and after-tax earnings. The net loss equaled 93.2% of period-end equity, showing the deficit relative to book capital. Relative to total assets, the net loss represented 52.5%. Compared with a $7.32M net loss in fiscal 2024, the current loss increased to $26.92M.

Liquidity and Capital Structure

The company held $51.32M of assets against $22.44M of liabilities and $28.88M of equity, revealing how the asset base was financed. At period end, current assets of $23.50M compared with current liabilities of $19.92M, defining the company’s short-term resource position. Current assets covered current liabilities by 1.18x, leaving a positive buffer for near-term obligations. The equity-to-assets relationship was 56.3%, placing book capital against the total resource base. Liabilities represented 43.7% of total assets, quantifying the liability-funded share of the company’s resource base. Total assets were 16.5% higher than fiscal 2024 assets of $44.05M, measuring the company’s own balance-sheet change. Book equity was 18.3% lower than fiscal 2024 equity of $35.34M, showing how shareholder capital changed year over year.

Cash Flow and Earnings Quality

Operating activities used $13.99M of cash, resulting in an operating cash outflow for the year. Capital spending of $2.21M added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. Negative free cash flow was $16.19M, leaving a cash deficit after capital spending and reducing financial flexibility. Free-cash-flow margin was -183.1%, reflecting a cash deficit equal to 183.1% of revenue after capital spending. Relative to total assets, the post-investment cash deficit measured 31.6%. Cash absorbed by operations increased from $11.95M in fiscal 2024 to $13.99M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 26, 2026.