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 - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 30.3 % -22.1%
Quick Ratio 22 % -37%
Debt-to-equity -169 % +17.3%
Return On Equity 6.1 % -86.9%
Return On Assets -29.8 % -62.3%
Operating Margin -18.3 % -11.7%

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 1.08M USD +1.69%
Cost of Revenue 674K USD +7.9%
Research and Development Expense 70.5K USD +3.82%
General and Administrative Expense 534K USD -1.95%
Operating Income (Loss) -198K USD -13.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -253K USD -28.4%
Income Tax Expense (Benefit) 800 USD 0%
Net Income (Loss) Attributable to Parent -253K USD -28.3%

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 17.3K USD -55.2%
Inventory, Net 272K USD -41.9%
Assets, Current 482K USD -8.45%
Property, Plant and Equipment, Net 10.6K USD +62.1%
Operating Lease, Right-of-Use Asset 280K USD -31.7%
Other Assets, Noncurrent 13.5K USD 0%
Assets 786K USD -17.8%
Liabilities, Current 1.77M USD +14.6%
Operating Lease, Liability, Noncurrent 172K USD -47.1%
Liabilities 2.14M USD +3.54%
Retained Earnings (Accumulated Deficit) -22M USD -1.16%
Stockholders' Equity Attributable to Parent -1.36M USD -21.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -1.04M USD -18.9%
Liabilities and Equity 786K USD -17.8%

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 37.9K USD +294%
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 325K USD -27.3%
Depreciation 436 USD 0%
Lessee, Operating Lease, Liability, to be Paid 342K USD -29.2%
Property, Plant and Equipment, Gross 10.6K USD +62.1%
Operating Lease, Liability, Current 153K USD +25.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 176K USD +150%
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 +0.08%
Interest Expense 22.2K USD -2.4%