MARKETS / NASDAQ / AQMS
NASDAQ · SECONDARY SMELTING & REFINING OF NONFERROUS METALS · SMALL CAP

Aqua Metals, Inc. AQMS

11 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
EPS · FY25
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-146.0%
Net margin · FY25
Dividend coverage
Advertisement
AdSense · Leaderboard 728×90320×100
Result
Revenue, FY2025 · full 11-year series below
Revenue Net income
0.0020.0040.006-0.020152018202120242025
0.0020.0040.006-0.02016201920222025

Per share
Diluted EPS, FY2025
EPS
0.40.81.220152018202120242025
0.40.81.22016201920222025

The company pays no cash dividend.

Profitability
-146.0%
Return on equity, FY2025
ROE
0.250.50.751-146.0%20152018202120242025
0.250.50.751-146.0%2016201920222025
Operating margin
Net margin
Return on assets-98.3%

Each USD of equity lost 146 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.00B
Shares outstanding, FY2025
0.010.0020152018202120242025
0.020.002016201920222025
Change, 5 years+188.5%
Change, 10 years

The share count grew 188% in five years — the same company, cut into more, smaller slices.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 19.7M
total assets, end of FY2025
Total assetsUSD 19.7M
EquityUSD 14.8M
CashUSD 10.8M
Current ratio3.03×

Equity funds 75% of total assets.

History
11 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue $B
·
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
·
Operating income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EBITDA $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
Income tax $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EPS, diluted $
·
·
·
·
−0.26
−0.42
−0.86
−1.18
−1.31
−0.89
−1.47
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
ROE %
−146.0
−116.1
−101.9
−63.7
−62.0
−63.8
−89.9
−73.8
−45.8
−29.9
−75.0
Shares out B
0.00
0.00
0.01
0.08
0.07
0.06
0.06
0.04
0.03
0.02
0.01

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
35 of 35
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed