Omnitek Engineering Corp financial data

Symbol
OMTK on OTC
Industry
Motor Vehicle Parts & Accessories
Location
1345 Specialty Dr., # E, Vista, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 31.3 % -14.4%
Quick Ratio 17.5 % -45.9%
Debt-to-equity -167 % +13.8%
Return On Equity 6.1 % -86.9%
Return On Assets -28.8 % -67.4%
Operating Margin -15.9 % +0.44%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.9M shares 0%
Common Stock, Shares, Outstanding 21.9M shares 0%
Entity Public Float 398K USD -50%
Common Stock, Value, Issued 8.61M USD 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.12M USD +6.64%
Cost of Revenue 697K USD +14.9%
Research and Development Expense 70.1K USD +3.94%
General and Administrative Expense 534K USD -2.45%
Operating Income (Loss) -179K USD -6.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -251K USD -45.1%
Income Tax Expense (Benefit) 800 USD 0%
Net Income (Loss) Attributable to Parent -251K USD -44.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.42K USD -40.4%
Accounts Receivable, after Allowance for Credit Loss, Current 17.2K USD +89.6%
Inventory, Net 277K USD -42.7%
Assets, Current 734K USD +42.4%
Property, Plant and Equipment, Net 9.64K USD +57.9%
Operating Lease, Right-of-Use Asset 246K USD -34.8%
Other Assets, Noncurrent 13.5K USD 0%
Assets 1M USD +9.95%
Liabilities, Current 2.06M USD +31.6%
Operating Lease, Liability, Noncurrent 130K USD -55.3%
Liabilities 2.39M USD +16.3%
Retained Earnings (Accumulated Deficit) -22.1M USD -1.15%
Stockholders' Equity Attributable to Parent -1.39M USD -21.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -1.04M USD -18.9%
Liabilities and Equity 1M USD +9.95%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -53.5K USD -2398%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 125M shares 0%
Common Stock, Shares, Issued 21.9M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 41.1K USD +474%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.31K USD -8.44%
Deferred Tax Assets, Valuation Allowance 8.51M USD +2.34%
Operating Lease, Liability 290K USD -30.4%
Depreciation 436 USD 0%
Lessee, Operating Lease, Liability, to be Paid 303K USD -32.3%
Property, Plant and Equipment, Gross 9.64K USD +57.9%
Operating Lease, Liability, Current 160K USD +26.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 176K USD +400%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, to be Paid, Year Three 88.1K USD -40.5%
Deferred Tax Assets, Operating Loss Carryforwards 8.04M USD +2.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 176K USD 0%
Operating Lease, Payments 35.3K USD
Additional Paid in Capital 12.1M USD +0.06%
Interest Expense 21.3K USD -8.22%