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MARKETS / BALCAO / GUER
BALCAO · SEMICONDUCTORS & RELATED DEVICES · SMALL CAP

Guerrilla RF, Inc. GUER

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$22.7M
▲ 13.0% YoY
$-7.0M
$-2.8M
In brief

What this company does

We have produced and distributed in excess of 200 million products to over 300 end customers worldwide. Our primary external wafer foundries are located in Taiwan and Singapore, and our primary assembly and test supplier is located in Malaysia. Our corporate headquarters are located in Greensboro, N.C., where we lease approximately 50,000 square feet of office space under a lease agreement that commenced in the first quarter of 2023 when we took possession of the building. The lease term for our headquarters is 10 years and two months.

Written from the business description in Guerrilla RF, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 March 2026. Every sentence was checked against that document before publication.

Growth
USD 22.7M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 22.7 · Net income -7.0
8M16M-8M202020212022202320242025
Compound annual growth
+25.1%
+23.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +23.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−31 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -20.5% · Net -30.7%
-50%-100%202020212022202320242025
ROE
FY2022 · ROE -213.4%
-100%-200%202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -2.8
-5M-10M202020212022202320242025

Total assetsUSD 19.5M
EquityUSD -18.2M
Current ratio1.04×

Equity funds -93% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−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
Income tax $B0.00.00.00.0··
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $····−0.24−0.30
Dividend / sh $······
Payout %······
ROE %···−213.4−98.0·
Shares out B0.010.010.010.010.030.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 29 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 66 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySemiconductors & Related Devices
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2020

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