DNA X, Inc. SONM
We are a provider of crypto trading services to the public. Our services are available over the internet at www.dnax.us.
We serve individual cryptocurrency traders around the world. Our products allow users to efficiently buy and sell cryptocurrencies with
cash or cash equivalents, or to exchange one cryptocurrency for another cryptocurrency. Our platform allows users to execute strategies
between pairs of cryptocurrencies that allow them to swap between the currencies as the prices diverge or converge. This allows users
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $50.9M | $93.6M | $69.8M | $54.6M | $64.0M | $116.3M | $135.7M | — |
| Cost of revenue | — | $48.4M | $74.3M | $58.2M | $48.2M | $48.8M | $81.7M | $87.6M | — |
| Gross profit | — | $9.9M | $19.3M | $11.6M | $6.4M | $15.2M | $34.5M | $48.1M | — |
| R&D | — | $14.2M | $1.8M | $8.0M | $17.7M | $16.2M | $26.1M | $23.2M | — |
| SG&A | $5.4M | $3.1M | $8.3M | $10.7M | $10.3M | $9.8M | $15.1M | $7.2M | — |
| Total operating expenses | $5.4M | $3.1M | $18.8M | $25.9M | $44.4M | $44.5M | $56.9M | $42.7M | — |
| Operating income | -$5.4M | -$3.1M | $513.0K | -$14.3M | -$38.0M | -$29.3M | -$22.4M | $5.4M | — |
| Interest expense | $945.0K | — | — | $97.0K | — | — | — | — | — |
| Pre-tax income | -$8.0M | -$2.9M | $284.0K | -$13.9M | -$38.5M | -$30.5M | -$24.4M | $2.0M | — |
| Income tax | $1.1M | $226.0K | $374.0K | $184.0K | $167.0K | $521.0K | $1.4M | $754.0K | — |
| Net income | -$20.7M | -$33.6M | -$90.0K | -$14.1M | -$38.6M | -$29.9M | -$25.8M | $1.3M | — |
| EPS, basic | -28.58 | -128.37 | -0.02 | -0.49 | -4.08 | — | — | — | — |
| EPS, diluted | -28.58 | -128.37 | -0.02 | -0.49 | -4.08 | -6.48 | -1.39 | -2.57 | — |
| Shares, diluted (wtd. avg.) | $722.7K | $262.1K | $4.3M | $28.9M | $9.5M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.3M | $5.3M | $9.4M | $13.2M | $11.2M | $22.1M | $11.3M | $13.0M | — |
| Receivables | — | $4.3M | $25.3M | $22.4M | $10.8M | $4.2M | $10.1M | $18.9M | — |
| Inventory | — | $10.6M | $6.5M | $3.9M | $5.5M | $11.3M | $19.5M | $21.8M | — |
| Total current assets | $28.9M | $32.2M | $43.8M | $43.6M | $35.7M | $45.6M | $47.3M | $63.9M | — |
| Property, plant and equipment | — | $227.0K | $71.0K | $168.0K | $534.0K | $843.0K | $1.4M | $1.1M | — |
| Total assets | $43.9M | $39.7M | $56.0M | $53.7M | $41.1M | $50.3M | $55.5M | $67.3M | — |
| Accounts payable | $4.0M | $738.0K | $19.8M | $21.1M | $9.5M | $8.9M | $7.2M | $27.3M | — |
| Short-term debt | $5.1M | — | — | $147.0K | $148.0K | $177.0K | $9.8M | $301.0K | — |
| Total current liabilities | $48.0M | $43.7M | $32.1M | $32.1M | $21.0M | $20.5M | $27.6M | $48.2M | — |
| Long-term debt | $5.1M | — | — | — | $66.0K | $185.0K | $362.0K | $13.2M | — |
| Total liabilities | $50.6M | $45.4M | $33.7M | $33.6M | $22.5M | $21.9M | $29.9M | $62.2M | — |
| Retained earnings | -$304.3M | -$283.6M | -$250.0M | -$249.9M | -$234.8M | -$196.2M | -$166.2M | -$143.5M | — |
| Total equity | -$8.0M | -$5.7M | $22.4M | $20.0M | $18.6M | $28.4M | $25.5M | $5.1M | -$89.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$23.5M | -$8.5M | -$4.1M | -$12.4M | -$38.5M | -$10.6M | -$33.5M | $3.9M | — |
| Depreciation and amortisation | — | $58.0K | $47.0K | $244.0K | $301.0K | $2.7M | $3.5M | $1.9M | — |
| Stock-based compensation | $1.5M | $1.5M | $1.5M | $1.6M | $1.1M | $1.1M | $6.3M | $252.0K | — |
| Capital expenditure | — | $214.0K | $36.0K | $8.0K | $46.0K | $11.0K | $992.0K | $787.0K | — |
| Investing cash flow | — | -$214.0K | -$36.0K | -$8.0K | -$46.0K | -$11.0K | -$1.4M | -$2.5M | — |
| Financing cash flow | $19.5M | $4.6M | $272.0K | $14.3M | $27.6M | $21.4M | $33.1M | $10.2M | — |
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 0001493152-26-020421.
Others in SIC 3661
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CIEN | CIENA CORP | $45.52B | 377.6x | 18.8% |
| FN | Fabrinet | $14.60B | 31.2x | 35.7% |
| ADTN | ADTRAN Holdings, Inc. | $578.5M | — | 17.5% |
| CLFD | Clearfield, Inc. | $389.2M | — | 19.6% |
| FIEE | FiEE, Inc. | $33.5M | 39.3x | 867.9% |
| FKWL | FRANKLIN WIRELESS CORP | $28.9M | — | 49.6% |
| CLRO | CLEARONE INC | $13.6M | — | — |
| AUDC | AUDIOCODES LTD | — | — | 1.4% |