AI Financial Corp AIFC
Sigma Corporation (formerly known as JanOne Inc.) and subsidiaries (collectively, "we," "us," the "Company,"
or "ALT5"). Through our Fintech segment, the Company provides next-generation blockchain-powered technologies for digital
asset trading, payments processing and related payment card services.
May 15, 2024, the Company acquired ALT5 Sigma, Inc., and on July 15, 2024, changed its corporate name from JanOne Inc. to ALT5 Sigma
Last close
0.29
2026-10-23
Market cap
$40.7M
2026-06-27 share count
52-week range
0.29 - 1.08
Valuation FY2025 figures against the last close
P/S1.6x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-5.91
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.8M | $11.9M | $0 | $0 | $40.0M | $33.9M | $35.1M | $36.8M | $36.4M | $40.5M |
| Cost of revenue | $14.7M | $6.2M | $0 | $0 | $31.2M | $25.0M | $27.3M | $25.7M | $28.4M | $28.1M |
| Gross profit | $10.2M | $5.6M | $0 | $0 | $8.9M | $8.8M | $7.8M | $11.1M | $13.1M | $12.4M |
| SG&A | $33.0M | $12.6M | $4.7M | $3.1M | $12.1M | $17.8M | $20.2M | $17.1M | $13.4M | $11.2M |
| Total operating expenses | $33.0M | $12.6M | $19.8M | $3.1M | $12.1M | $17.8M | — | — | — | — |
| Operating income | -$22.9M | -$6.9M | -$19.8M | -$3.1M | -$16.8M | -$9.0M | -$12.4M | -$6.1M | -$231.0K | $1.1M |
| Interest expense | — | — | $2.2M | $468.0K | $773.0K | $504.0K | $1.5M | $668.0K | $894.0K | $1.2M |
| Pre-tax income | -$428.2M | -$8.5M | -$17.5M | $1.4M | $3.0M | -$8.9M | -$15.2M | -$6.3M | $4.1M | -$40.0K |
| Income tax | $86.7M | $160.0K | $429.0K | $6.6M | $273.0K | $427.0K | $3.2M | $727.0K | $1.3M | $426.0K |
| Net income | -$344.5M | -$7.6M | -$7.8M | $11.0M | -$16.9M | -$8.5M | -$12.0M | -$5.6M | -$378.0K | -$1.8M |
| EPS, basic | -5.91 | -0.68 | -1.95 | 3.49 | -6.35 | -4.59 | -6.78 | -3.75 | 0.02 | -0.24 |
| EPS, diluted | -5.91 | -0.68 | -1.95 | 3.49 | -6.35 | -4.59 | -6.78 | -3.75 | 0.02 | -0.24 |
| Shares, diluted (wtd. avg.) | 58.3M | 11.2M | 4.4M | 3.2M | 2.7M | 1.9M | 1.8M | 1.5M | 6.7M | 6.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $6.2M | $7.2M | $5.0K | $61.0K | $705.0K | $379.0K | $481.0K | $1.2M | $3.3M | $968.0K |
| Receivables | — | — | — | $7.3M | $6.1M | $4.2M | $7.2M | $5.1M | $10.0M | $9.0M |
| Inventory | — | — | — | $366.0K | $1.2M | $1.6M | $1.3M | $801.0K | $762.0K | $1.1M |
| Total current assets | $29.5M | $34.4M | $346.0K | $9.2M | $7.6M | $6.9M | $8.8M | $8.9M | $21.1M | $28.5M |
| Property, plant and equipment | $28.0K | $1.2M | $0 | $2.7M | $2.1M | $732.0K | $324.0K | $211.0K | $538.0K | $9.6M |
| Goodwill | $12.3M | $3.9M | $0 | — | — | — | — | — | $0 | $38.0K |
| Other intangibles | $23.0M | $18.7M | $17.8M | $20.0M | $268.0K | $14.0M | $17.7M | $21.4M | $24.7M | $57.0K |
| Total assets | $1.22B | $75.7M | $18.5M | $46.8M | $15.2M | $24.4M | $29.0M | $35.0M | $46.9M | $41.9M |
| Accounts payable | $5.1M | $3.2M | $2.3M | $2.3M | $5.1M | $4.7M | $4.4M | $3.2M | $3.3M | $6.1M |
| Short-term debt | — | — | $0 | $274.0K | $550.0K | $3.0M | $280.0K | $675.0K | $5.6M | $0 |
| Total current liabilities | $51.4M | $40.9M | $5.9M | $23.9M | $19.4M | $20.6M | $17.6M | $9.7M | $15.8M | $27.5M |
| Long-term debt | $563.0K | $563.0K | — | $1.3M | $1.3M | — | — | — | — | $4.5M |
| Total liabilities | $60.3M | $55.8M | $7.3M | $29.9M | $23.8M | $22.0M | $18.7M | $13.4M | $20.7M | $30.6M |
| Retained earnings | -$402.7M | -$58.2M | -$50.6M | -$42.8M | -$53.8M | -$36.9M | -$28.4M | -$16.5M | -$10.9M | -$11.0M |
| Total equity | $1.15B | $12.4M | -$3.3M | $2.3M | -$8.7M | $2.4M | $10.3M | $21.6M | $26.2M | $11.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$7.2M | $1.8M | $1.5M | -$3.1M | -$5.3M | -$617.0K | -$3.5M | $4.1M | $1.2M | $2.7M |
| Depreciation and amortisation | $3.3M | $1.3M | $1.5M | $2.0K | $4.2M | $4.1M | $4.1M | $4.0M | $2.1M | $959.0K |
| Stock-based compensation | $5.9M | $2.3M | $14.0K | $5.0K | $303.0K | $578.0K | $631.0K | $656.0K | $272.0K | $245.0K |
| Capital expenditure | $11.0K | — | — | $808.0K | $1.7M | $507.0K | $212.0K | $401.0K | $22.0K | $375.0K |
| Investing cash flow | -$706.6M | $5.9M | -$155.0K | -$1.5M | -$1.7M | -$834.0K | $345.0K | -$172.0K | $7.3M | -$412.0K |
| Financing cash flow | $716.8M | $6.1M | -$1.4M | $4.0M | $7.4M | $1.4M | $2.5M | -$6.1M | -$6.3M | -$3.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-019225.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.5M | $36.4M | $36.8M | $35.1M | $33.9M | $40.0M | $0 | $0 | $11.9M | $24.8M |
| Gross profit | $12.4M | $13.1M | $11.1M | $7.8M | $8.8M | $8.9M | $0 | $0 | $5.6M | $10.2M |
| Net income | -$1.8M | -$378.0K | -$5.6M | -$12.0M | -$8.5M | -$16.9M | $11.0M | -$7.8M | -$7.6M | -$344.5M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Unregistered share sale Item 3.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6221
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| GLD | SPDR GOLD TRUST | $129.19B | — | — |
| IBIT | iShares Bitcoin Trust ETF | $59.81B | — | — |
| IAU | ISHARES GOLD TRUST | $59.26B | — | — |
| GLDM | World Gold Trust | $27.23B | — | — |
| SLV | iShares Silver Trust | $26.22B | — | — |
| ETHA | iShares Ethereum Trust ETF | $20.82B | — | — |
| GBTC | Grayscale Bitcoin Trust ETF | $10.79B | — | — |
| AGQ | ProShares Trust II | $6.92B | — | — |