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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Revenue | 44m | 41m | 38m | 30m |
| Cost of revenue | 29m | 27m | 26m | 21m |
| Gross profit | 11m | 15m | 12m | 9m |
| Research and development | 156,947 | 76,386 | 83,684 | 89,067 |
| Selling, general and administrative | 6m | 7m | 5m | 5m |
| Operating expenses | 9m | 11m | 7m | 6m |
| Operating income | 2m | 4m | 5m | 3m |
| Pre-tax income | 2m | 4m | 5m | 3m |
| Income tax | 163,594 | 792,207 | 870,325 | 439,015 |
| Net income | 2m | 3m | 4m | 2m |
| Earnings per share | 0.12 | 0.27 | 0.31 | 0.17 |
| Earnings per share, diluted | 0.16 | 0.27 | 0.31 | 0.17 |
| Weighted average shares | 14m | 13m | 13m | 13m |
| Weighted average shares, diluted | 14m | 13m | 13m | 13m |
| Metric | Aug 18, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 5m | 3m | 2m | 1m | 1m |
| Receivables | — | 12m | 12m | 11m | — | — |
| Inventory | — | 8m | 6m | 6m | — | — |
| Current assets | — | 27m | 24m | 20m | — | — |
| Property, plant and equipment | — | 5m | 6m | 6m | — | — |
| Total assets | — | 44m | 34m | 29m | — | — |
| Current liabilities | — | 12m | 13m | 12m | — | — |
| Total liabilities | — | 19m | 20m | 17m | — | — |
| Equity | — | 25m | 15m | 11m | 9m | 9m |
| Shares outstanding | — | 15m | 13m | 13m | — | — |
| Shares issued | — | 15m | 13m | 13m | — | — |
| Metric | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 200,134 | 4m | 4m | 1m |
| Depreciation and amortisation | 609,711 | 536,013 | 540,105 | 530,927 |
| Capital expenditure | 458,021 | 235,355 | 13,551 | 189,754 |
| Investing cash flow | −6m | −230,355 | −13,165 | −188,661 |
| Dividends paid | — | 2m | 1m | 950,000 |
| Financing cash flow | 9m | −3m | −2m | −1m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)