Revenue
14.6 million USD
2026 Q1 · USD
Exact inputs and evidence
- Revenue: 14646354 USD Source
Fundies. English
FST Corp.
EDGARAnnual consolidated revenue for 2025: about USD 47.97M, using the latest reported figures. The previous period, 2024, was about USD 36.5M.
Holdings and insider activity
Transactions reported by directors, officers and 10% owners on SEC Forms 3, 4 and 5, over the last 12 months.
Insider filings have not been processed for this company yet.
Institutional holders (Form 13F) and 5% holders (Schedule 13D and 13G) are not yet shown here.
Latest quarter
Operating margin
14.87%
2026 Q1 · %
Operating cash flow
-400 thousand USD
2026 Q1 · USD
Exact inputs and evidence
- Operating Cash Flow: -400397 USD Source
Free cash flow
-634 thousand USD
2026 Q1 · USD
- Cash and cash equivalents
- 7.18 million USD Source
Exact value
7179800 USD
- Long-term debt including current maturities
- 29.2 million USD
Exact inputs and evidence
29163687 USD
- Long-term debt including current maturities: 29163687 USD Source
- Shares outstanding
- 44.8 million shares Source
Exact value
44766003 shares
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-29.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 3 of 11 periods available· newest 2025-12-31
- Operating income: 3 of 11 periods available· newest 2025-12-31
- Net income: 3 of 11 periods available· newest 2025-12-31
- Operating cash flow: 3 of 11 periods available· newest 2025-12-31
- Capital expenditure: 3 of 11 periods available· newest 2025-12-31
- Total assets: 3 of 11 periods available· newest 2025-12-31
- Total liabilities: 3 of 11 periods available· newest 2025-12-31
- Current assets: 3 of 11 periods available· newest 2025-12-31
- Current liabilities: 3 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 2 of 11 periods available· newest 2025-12-31
- Shares outstanding: 3 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+31.4%Prior period
USD 36.5 million
–
Current period
USD 47.97 million
–
Exact inputs and evidence
47969791 − 36499644 = 11470147 USD
36499644 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source47969791 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
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Net income
+USD 1.73 millionPrior period
−USD 3.24 million
–
Current period
−USD 1.5 million
–
Exact inputs and evidence
-1500191 − -3235175 = 1734984 USD
-3235175 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-1500191 USD · 2025-01-01 – 2025-12-31
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Operating cash flow
+USD 576,115Prior period
−USD 1.58 million
–
Current period
−USD 1 million
–
Exact inputs and evidence
-1000014 − -1576129 = 576115 USD
-1576129 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-1000014 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
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Capital expenditure
-85.4%Prior period
USD 4.14 million
–
Current period
USD 602,960
–
Exact inputs and evidence
602960 − 4138945 = -3535985 USD
4138945 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source602960 USD · 2025-01-01 – 2025-12-31
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Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 47.97 million 100% of revenue
- Cost of revenue USD 27.34 million 57% of revenue
- Operating expenses USD 13.78 million 29% of revenue
- Other operating costs Derived USD 9.19 million 19% of revenue
- Operating income −USD 2.33 million −4.9% of revenue
- Tax, interest and other Derived −USD 834,029 −1.7% of revenue
- Net income −USD 1.5 million −3.1% of revenue
Cash
- Operating cash flow −USD 1 million −2.1% of revenue
- Capital expenditure USD 602,960 1.3% of revenue
- Free cash flow Derived −USD 1.6 million −3.3% of revenue
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2023 Operating loss: operating costs were 111% of revenue.
- 2024 Operating loss: operating costs were 110% of revenue.
- 2025 Operating loss: operating costs were 105% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2023 2023-01-01 – 2023-12-31 | 28730549 | 31850458 Derived | -3119909 | -952298 Derived | -2167611 | -22790669 Derived | Source
|
| 2024 2024-01-01 – 2024-12-31 | 36499644 | 40144215 Derived | -3644571 | -409396 Derived | -3235175 | -5715074 Derived | Source
|
| 2025 2025-01-01 – 2025-12-31 | 47969791 | 50304011 Derived | -2334220 | -834029 Derived | -1500191 | -1602974 Derived | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 48M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Revenue | 28730549 |
|
| 2024 | Revenue | 36499644 |
|
| 2025 | Revenue | 47969791 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
31.4% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Year over year | No prior comparable period |
|
| 2024 | Year over year | 27% |
|
| 2025 | Year over year | 31.4% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -4.9% 2025
Net margin -3.1% 2025
Free cash flow margin -3.3% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Operating margin | -10.9% |
|
| 2024 | Operating margin | -10% |
|
| 2025 | Operating margin | -4.9% |
|
| 2023 | Net margin | -7.5% |
|
| 2024 | Net margin | -8.9% |
|
| 2025 | Net margin | -3.1% |
|
| 2023 | Free cash flow margin | -79.3% |
|
| 2024 | Free cash flow margin | -15.7% |
|
| 2025 | Free cash flow margin | -3.3% |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD -1M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Operating cash flow | -11205424 |
|
| 2024 | Operating cash flow | -1576129 |
|
| 2025 | Operating cash flow | -1000014 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
USD -1.6M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Free cash flow | -22790669 |
|
| 2024 | Free cash flow | -5715074 |
|
| 2025 | Free cash flow | -1602974 |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
74.5% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Liabilities / assets | 56.6% |
|
| 2024 | Liabilities / assets | 60.7% |
|
| 2025 | Liabilities / assets | 74.5% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.9× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Current assets / current liabilities | 1.43× |
|
| 2024 | Current assets / current liabilities | 1.21× |
|
| 2025 | Current assets / current liabilities | 0.9× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2023 2023-01-01 – 2023-12-31 | −USD 2.17 million Exact valueExact value: -2167611 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 11.21 million Exact valueExact value: -11205424 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 11.59 million Exact valueExact value: 11585245 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 22.79 million Calculation and evidence-11205424 − 11585245 USD Exact free cash flow: -22790669 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2024 2024-01-01 – 2024-12-31 | −USD 3.24 million Exact valueExact value: -3235175 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 1.58 million Exact valueExact value: -1576129 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.14 million Exact valueExact value: 4138945 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 5.72 million Calculation and evidence-1576129 − 4138945 USD Exact free cash flow: -5715074 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2025 2025-01-01 – 2025-12-31 | −USD 1.5 million Exact valueExact value: -1500191 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 1 million Exact valueExact value: -1000014 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 602,960 Exact valueExact value: 602960 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 1.6 million Calculation and evidence-1000014 − 602960 USD Exact free cash flow: -1602974 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
20 filings · 514 latest values · 514 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0002014254, 2014254, KBSX, edgar:2014254
Also known as FST Corp.