FOCUS UNIVERSAL INC. FCUV
Company History and Background.
"we," "us," or "our") is a Nevada corporation. We are based in the city of Ontario, California, and
our securities traded on the Nasdaq Capital Market. From January 28, 2022, to September 22, 2024, our securities traded on the Nasdaq
Global Market. On September 23, 2024, our securities were transferred for trading to the Nasdaq Capital Market. We hold 28 patents and
Last close
17.00
2026-09-04
Market cap
$11.9M
2026-06-30 share count
52-week range
1.79 - 210.00
Valuation FY2025 figures against the last close
P/S46.8x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-7.07
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $255.0K | $398.1K | $440.5K | $303.8K | $1.4M | $1.7M | $1.5M | $308.1K | $898.1K | $1.1M |
| Cost of revenue | $290.3K | $387.9K | $380.9K | $330.9K | $1.1M | $1.4M | $1.3M | $137.9K | $726.3K | $866.6K |
| Gross profit | -$35.3K | $10.2K | $59.7K | $22.7K | $297.2K | $283.8K | $118.2K | $170.2K | $171.8K | $255.4K |
| R&D | $920.0K | $1.4M | $1.3M | $1.1M | $220.5K | $256.6K | $255.2K | $221.5K | $208.2K | $201.9K |
| SG&A | $2.1M | $2.1M | $1.7M | $2.1M | $1.4M | $1.3M | $1.1M | $451.6K | $256.2K | $256.2K |
| Total operating expenses | $4.9M | $6.2M | $5.0M | $5.2M | $3.3M | $4.4M | $3.4M | $1.8M | $692.4K | $722.4K |
| Operating income | -$4.9M | -$6.2M | -$5.0M | -$5.2M | -$3.0M | -$2.7M | -$3.3M | -$1.6M | -$520.5K | -$467.0K |
| Interest expense | $70.0K | $40.9K | $38.3K | $3.9K | $37.6K | $4.1K | $2.3K | $440.9K | $105.8K | $91 |
| Pre-tax income | -$4.8M | -$3.2M | -$4.7M | -$4.9M | -$3.2M | -$2.5M | -$3.2M | -$2.0M | -$626.4K | -$466.9K |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $694 | $495 |
| Net income | -$4.8M | -$3.2M | -$4.7M | -$4.9M | -$3.2M | -$2.5M | -$3.2M | -$2.0M | -$626.4K | -$467.4K |
| EPS, basic | -7.07 | -4.77 | -0.78 | -0.08 | -0.08 | — | — | — | — | — |
| EPS, diluted | -7.07 | -4.77 | -0.78 | -0.08 | -0.08 | -0.06 | -0.08 | -0.05 | -0.02 | -0.01 |
| Shares, diluted (wtd. avg.) | $742.2K | $671.5K | $6.0M | $65.1M | $41.7M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.9M | $3.6M | $428.3K | $4.3M | $8.7M | $583.3K | — | — | $394.4K | $340.1K |
| Receivables | $7.1K | $5.6K | $13.5K | $78.3K | $177.3K | $190.6K | $137.3K | $10.9K | $26.3K | $25.6K |
| Inventory | $99.8K | $126.1K | $282.1K | $103.8K | $22.9K | $42.5K | $62.9K | $69.8K | $47.4K | $68.5K |
| Total current assets | $8.6M | $3.8M | $1.0M | $4.8M | $9.2M | $1.0M | $2.4M | $4.7M | $477.0K | $452.4K |
| Property, plant and equipment | $66.7K | $60.5K | $4.1M | $4.2M | $4.4M | $4.5M | $4.7M | $4.6M | $6.3K | $8.5K |
| Other intangibles | — | — | — | — | — | — | $48.0K | $0 | — | — |
| Total assets | $8.9M | $4.1M | $5.3M | $9.3M | $14.0M | $5.6M | $7.2M | $9.3M | $490.5K | $485.7K |
| Accounts payable | $358.0K | $702.1K | $435.0K | $267.7K | $293.4K | $198.9K | $192.5K | $163.7K | $449.3K | $368.5K |
| Total current liabilities | $366.5K | $877.0K | $1.7M | $1.4M | $571.4K | $527.6K | $433.0K | $212.0K | $481.8K | $431.4K |
| Total liabilities | $366.5K | $885.1K | $1.8M | $1.6M | $899.8K | $788.7K | $540.0K | $212.0K | $563.1K | $431.9K |
| Retained earnings | -$31.0M | -$25.8M | -$22.6M | -$17.9M | -$12.9M | -$9.7M | -$7.2M | -$4.0M | -$2.0M | -$1.4M |
| Total equity | $2.6M | $3.2M | $3.5M | $7.8M | $13.1M | $4.8M | $6.7M | $9.1M | -$72.6K | $53.8K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$5.1M | -$4.7M | -$3.5M | -$3.0M | -$2.0M | -$2.0M | -$1.7M | -$1.4M | -$445.7K | -$400.8K |
| Depreciation and amortisation | $23.8K | $73.6K | $168.0K | $166.3K | $162.2K | $162.2K | $151.7K | $28.0K | $2.2K | $1.1K |
| Stock-based compensation | — | — | — | $0 | $48.0K | $48.0K | $75.2K | $541.4K | $0 | $0 |
| Capital expenditure | $28.1K | $18.7K | $20.6K | $42.2K | $23.0K | $1.3K | $11.1K | $4.6M | $0 | $8.2K |
| Investing cash flow | -$185.8K | $7.1M | $54.1K | -$211.3K | -$23.0K | -$1.3K | -$565.1K | -$4.6M | $0 | -$8.2K |
| Financing cash flow | $9.6M | $706.1K | -$434.0K | -$1.2M | $10.1M | $346.9K | $0 | $10.1M | $500.0K | -$82.9K |
| Buybacks | $494.4K | $669.9K | $1.4M | $1.0M | $0 | — | — | — | — | — |
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 0001683168-26-003202.
Others in SIC 3823
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DHR | DANAHER CORP /DE/ | $145.98B | 41.1x | 2.9% |
| KEYS | Keysight Technologies, Inc. | $55.71B | 66.6x | 8.0% |
| AME | AMETEK INC/ | $54.50B | 37.1x | 6.6% |
| ROP | ROPER TECHNOLOGIES INC | $40.28B | 28.7x | 12.3% |
| MKSI | MKS INC | $17.60B | 59.6x | 9.6% |
| FTV | Fortive Corp | $17.36B | 32.9x | 1.9% |
| CGNX | COGNEX CORP | $10.47B | 91.5x | 8.7% |
| RAL | Ralliant Corp | $7.02B | — | -4.0% |