RAND CAPITAL CORP RAND

Nasdaq

Last close 10.29 2026-09-03
Market cap $30.6M 2026-06-30 share count
52-week range 10.00 - 17.49

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF2.7x
EV/EBITDA—
Dividend yield23.8%
Diluted EPS-2.73

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Total operating expenses $1.2M$4.8M$4.2M$1.1M$6.7M—
Pre-tax income ——$3.5M$3.7M$15.8M—
Income tax ——$192.1K$215.5K$10.9K—
Net income -$8.0M$8.8M$6.5M-$881.8K$15.8M—
EPS, basic -2.733.422.53-0.346.12—
EPS, diluted -2.733.422.53-0.346.12—
Shares, diluted (wtd. avg.) 2.9M2.6M2.6M2.6M2.6M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Cash and equivalents $4.2M$834.8K$3.3M$1.4M$833.9K$20.4M
Total assets $53.2M$72.5M$81.0M$63.5M——
Total liabilities $1.0M$7.1M$20.2M$5.8M——
Retained earnings -$10.6M$2.5M$6.3M$7.6M——
Total equity $52.2M$65.3M$60.8M$57.7M$60.7M$46.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Operating cash flow $11.3M$15.3M-$8.3M$252.4K-$3.9M—
Depreciation and amortisation $25.0K$25.0K$25.0K$12.5K$175.4K—
Financing cash flow -$7.9M-$17.8M$10.3M$282.8K-$15.6M—
Dividends paid $7.3M$2.1M$3.4M$2.1M$4.6M—
Buybacks ————$20.8K—

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 0001193125-26-133767.

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. -10M 0 10M 20M Net income, FY2021: 15.8M Net income, FY2022: -881.8K Net income, FY2023: 6.5M Net income, FY2024: 8.8M Net income, FY2025: -8M FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — —
Gross profit — — — — — —
Net income — $15.8M -$881.8K $6.5M $8.8M -$8.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • 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
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
  • Results announced Item 2.02

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.