Stocktoria
Smartbird, Inc. BIRD
Nasdaq · XNAS · stock · Apparel & Other Finishd Prods of Fabrics & Similar Matl · website · IPO 2021-11-03
Chart by TradingView
2/9
Piotroski F — financial health
-18.65
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $152.5M | $189.8M | $254.1M | $297.8M | $277.5M |
| Gross profit | $62.6M | $81.1M | $104.2M | $129.6M | $146.7M |
| Operating income | -$80.0M | -$97.6M | -$153.0M | -$100.3M | -$32.9M |
| Net income | -$77.3M | -$93.3M | -$152.5M | -$101.4M | -$45.4M |
| Operating cash flow | -$55.1M | -$63.9M | -$30.2M | -$90.6M | -$50.9M |
| Free cash flow | -$58.2M | -$68.0M | -$41.1M | -$121.9M | -$75.0M |
| Total assets | $109.4M | $188.9M | $312.7M | $462.4M | $488.4M |
| Total liabilities | $73.5M | $87.2M | $127.4M | $145.6M | $91.4M |
| Shareholders' equity | $35.9M | $101.7M | $185.3M | $316.8M | $397.0M |
| Ratios | |||||
| Gross margin | 41.0% | 42.7% | 41.0% | 43.5% | 52.9% |
| Operating margin | -52.4% | -51.4% | -60.2% | -33.7% | -11.8% |
| Net margin | -50.7% | -49.2% | -60.0% | -34.0% | -16.4% |
| FCF margin | -38.2% | -35.8% | -16.2% | -41.0% | -27.0% |
| Return on assets | -70.6% | -49.4% | -48.8% | -21.9% | -9.3% |
| Return on equity | -215.2% | -91.8% | -82.3% | -32.0% | -11.4% |
| Debt / equity | 0.48× | 0.00× | — | — | — |
| Current ratio | 2.02 | 2.94 | 4.37 | 6.18 | 5.48 |
| Revenue growth | -19.7% | -25.3% | -14.7% | 7.3% | 26.5% |
Why these scores methodology →
Piotroski F-score: 2/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -18.65 (distress)
- Working capital / assets 0.379
- Retained earnings / assets -5.134
- EBIT / assets -0.731
- Equity / liabilities 0.489
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001653909 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.