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MVIS · Nasdaq · United States · Electronic Components, Nec
In shortMICROVISION, INC. is loss-making, burns cash and holds more cash than debt, with revenue shrinking (−74.3% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -6856.6% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -7862.7% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -182.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -110.7% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.69× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.35× | 92/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -11.31× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -31.19 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -4917.1% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 4 of 5 | 0/100 |
| Revenue growth volatility | 467.4% | 0/100 |
| Operating margin volatility | 3262.8% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 22.1% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2.5 | 0.7 | 7.3 | 4.7 | 1.2 |
| Cost of revenue | 0 | 0.1 | 2.8 | 7.5 | 19 |
| Gross profit | 2.5 | 0.6 | 4.5 | (2.8) | (17) |
| Research & development | 24 | 30 | 57 | 49 | 32 |
| Selling, general & admin | 22 | 24 | 37 | 29 | 20 |
| Operating income | (44) | (54) | (89) | (86) | (83) |
| Interest expense | – | 0.1 | 0.1 | 4.5 | 7.3 |
| Pre-tax income | (43) | (53) | (82) | (96) | (95) |
| Income tax | 0 | 0 | 1.1 | 0.5 | (0.1) |
| Net income | (43) | (53) | (83) | (97) | (95) |
| Diluted EPS | −$0.27 | −$0.32 | −$0.45 | −$0.46 | −$0.35 |
| Diluted shares (millions) | 161 | 166 | 183 | 210 | 273 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of MICROVISION, INC. are included in the Investor plan. Try free for 7 days →
−31.19 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: . Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice.
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026