RANDRand Capital Corporation

$36M

Q3 2025 Earnings

Financial Services Asset Management

Income Statement

Revenue

$2M-47.0% YoY

Gross Profit

$2M100.0% margin

Operating Income

$1M63.9% margin

Net Income

-$2M-141.2% margin

EPS (Diluted)

$-0.75

QoQ Revenue Growth

+121.5%

Cash Flow

Operating Cash Flow

$491,772

Free Cash Flow

$491,770

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$55M

Total Liabilities

$958,274

Stockholders' Equity

$54M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$3M	-47.0%
Gross Profit	$2M	$3M	-42.3%
Operating Income	$1M	$2M	-58.8%
Net Income	-$2M	$3M	-184.6%

RAND Q3 2025 Earnings — Rand Capital Corporation Revenue & Financial Results | Market Cap Arena