RAND (Rand Capital Corporation) Stock Financials & Earnings | Market Cap Arena

RAND (Rand Capital Corporation) Stock Financials & Earnings | Market Cap Arena

RANDRand Capital Corporation

Mkt Cap$36M

Financial Services·Asset Management·🇺🇸 United States·NASDAQ

Revenue (TTM)-$7M

Net Income (TTM)-$12M

EPS (TTM)-$4.07

Free Cash Flow (TTM)$400,530

Gross Margin101.8%

Op. Margin127.6%

Net Margin178.1%

FCF Margin-5.9%

P/S Ratio (TTM)—

P/E Ratio (TTM)—

YoY Rev Growth-143.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$869K	$825K	$560K
Q1 23	$3M	$3M	$2M
Q2 23	$3M	$3M	$3M
Q3 23	$1M	$1M	$728K
Q4 23	$2M	$2M	$1M
Q1 24	$2M	$2M	$1M
Q2 24	$8M	$8M	$8M
Q3 24	$3M	$3M	$2M
Q4 24	-$2M	-$2M	-$3M
Q1 25	$1M	$1M	$844K
Q2 25	-$7M	-$7M	-$8M
Q3 25	$2M	$2M	$1M

Valuation

Quarter	P/S	P/E
Q4 22	53.6x	—
Q1 23	10.3x	21.3x
Q2 23	4.4x	5.8x
Q3 23	4.4x	6.3x
Q4 23	3.9x	5.5x
Q1 24	4.2x	6.3x
Q2 24	2.6x	3.3x
Q3 24	2.3x	2.8x
Q4 24	3.2x	4.1x
Q1 25	3.5x	4.4x
Q2 25	—	—
Q3 25	—	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	-$1M	-$1M
Q1 23	-$4M	-$4M
Q2 23	$300K	$300K
Q3 23	$469K	$469K
Q4 23	$5M	$5M
Q1 24	-$88K	-$88K
Q2 24	-$101K	-$101K
Q3 24	$958K	$958K
Q4 24	$782K	$782K
Q1 25	-$1M	-$1M
Q2 25	$348K	$348K
Q3 25	$492K	$492K

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$0
Q1 23	$0
Q2 23	$4
Q3 23	$4
Q4 23	$0
Q1 24	$3
Q2 24	$0
Q3 24	$2
Q4 24	$0
Q1 25	$3
Q2 25	$0
Q3 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	-35.2%	-48.4%
Q1 23	+4318.5%	+48.3%
Q2 23	+312.4%	+66.6%
Q3 23	-6.5%	+131.9%
Q4 23	+116.1%	+114.7%
Q1 24	-20.2%	+58.8%
Q2 24	+159.5%	+23.1%
Q3 24	+127.5%	-8.4%
Q4 24	-225.5%	-39.6%
Q1 25	-39.5%	-39.1%
Q2 25	-187.1%	-40.8%
Q3 25	-47.0%	+7.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	—
Q1 25	$0	0.0%
Q2 25	$0	—
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q4 22	$265K	—
Q1 23	$353K	—
Q2 23	$301K	—
Q3 23	$292K	—
Q4 23	$326K	—
Q1 24	$422K	—
Q2 24	$296K	—
Q3 24	$288K	—
Q4 24	$339K	—
Q1 25	$458K	—
Q2 25	$383K	—
Q3 25	$563K	$8K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$1M	$0	$1M
Q1 23	$2M	$0	$2M
Q2 23	$8M	$0	$8M
Q3 23	$3M	$0	$3M
Q4 23	$3M	$0	$3M
Q1 24	$759K	$0	$759K
Q2 24	$2M	$0	$2M
Q3 24	$3M	$0	$3M
Q4 24	$835K	$0	$835K
Q1 25	$5M	$0	$5M
Q2 25	$4M	$0	$4M
Q3 25	$9M	$0	$9M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 22	3M	+0.0%
Q1 23	3M	+0.0%
Q2 23	3M	+0.0%
Q3 23	3M	+0.0%
Q4 23	3M	+0.0%
Q1 24	3M	+0.0%
Q2 24	3M	+0.0%
Q3 24	3M	+0.0%
Q4 24	3M	+0.0%
Q1 25	3M	+11.2%
Q2 25	3M	+3.5%
Q3 25	3M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 13	$756K	4
FY 14	$2M	4
FY 15	$1M	4
FY 16	-$1M	4
FY 17	$314K	4
FY 18	$442K	4
FY 19	-$147K	4
FY 20	$864K	4
FY 21	$3M	5
FY 22	$341K	2
FY 23	$5M	2
FY 24	$6M	2