EQUUS TOTAL RETURN, INC. EQS

NYSE

and all of the assets and liabilities of the Partnership were transferred to the Fund in exchange for shares of common stock of the Fund.

On August 11, 2006, our shareholders approved the change of the Fund's investment strategy to a total return investment objective.

This strategy seeks to provide the highest total return, consisting of capital appreciation and current income. In connection with this

strategic investment change, the shareholders also approved the change of name from Equus II Incorporated to Equus Total Return, Inc.

Last close 0.79 2026-10-23
Market cap $11.0M 2025-12-31 share count
52-week range 0.77 - 2.05

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-1.03

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue ——$225.0K$0$0$291.0K—
SG&A $191.0K$189.0K$133.0K$130.0K$140.0K$168.0K—
Total operating expenses $5.1M$4.6M$4.3M$3.6M$3.5M$5.2M—
Interest expense $683.0K$138.0K$25.0K$4.0K$3.0K$27.0K—
Pre-tax income -$14.1M-$18.7M$13.0M-$1.1M$2.6M-$12.3M—
Income tax $24.0K$36.0K$13.0K$15.0K$25.0K$22.0K—
Net income -$14.2M-$18.8M$12.9M-$1.1M$2.6M-$12.3M—
EPS, basic -1.03-1.380.960.08———
EPS, diluted -1.03-1.380.96-0.080.19-0.91—
Shares, diluted (wtd. avg.) 13.7M13.6M13.5M13.5M13.5M13.5M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $133.0K$262.0K$6.5M$19.3M$23.5M$23.6M$4.3M
Short-term investments ———$6.0M$2.5M——
Total assets $21.3M$29.9M$93.5M$41.7M$39.7M——
Accounts payable $414.0K$332.0K$172.0K$107.0K$46.0K——
Total liabilities $4.8M$426.0K$45.3M$6.4M$3.4M——
Retained earnings $59.5M$45.3M-$26.5M-$39.5M-$38.3M——
Total equity $16.6M$29.5M$48.3M$35.2M$36.4M$33.8M$46.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow -$2.1M$38.2M-$51.4M-$7.7M$21.1M$24.6M—
Stock-based compensation $270.0K$0$0$0$0$80.0K—
Financing cash flow $2.0M-$45.0M$39.1M$3.5M-$21.5M-$5.0M—

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 0001096906-26-000571.

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.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -20M -10M 0 10M 20M Revenue, FY2020: 291K Net income, FY2020: -12.3M Revenue, FY2021: 0 Net income, FY2021: 2.6M Revenue, FY2022: 0 Net income, FY2022: -1.1M Revenue, FY2023: 225K Net income, FY2023: 12.9M Net income, FY2024: -18.8M Net income, FY2025: -14.2M FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $291.0K $0 $0 $225.0K — —
Gross profit — — — — — — —
Net income — -$12.3M $2.6M -$1.1M $12.9M -$18.8M -$14.2M

Recent filings and events

  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • 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
  • Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
  • Auditor changed Item 4.01
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event Item 8.01
  • Other event Item 8.01
  • Shareholder vote Item 5.07
  • 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
  • Other event 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.