MARKETS / BALCAO / NNUP
BALCAO · GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) · SMALL CAP

Nocopi Technologies, Inc. NNUP

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$1.5M
▼ 29.5% vs FY2024
EPS · FY25
$-0.01
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-1.1%
Net margin · FY25
-10.4%
Dividend coverage
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Result
USD 1.5M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.0020.0040.0060.0-0.02007201220152018202120242025
0.0020.0040.0060.0-0.02016201920222025

The company lost 10 cents on every revenue dollar this year.

Per share
USD -0.01
Diluted EPS, FY2025
EPS
0.40.81.2-0.012007201220152018202120242025
0.40.81.2-0.012016201920222025

The company pays no cash dividend.

Profitability
-1.1%
Return on equity, FY2025
ROE
80016002400-1.1%2007201220152018202120242025
80016002400-1.1%2016201920222025
Operating margin-40.3%
Net margin-10.4%
Return on assets-1.1%

Each USD of equity lost 1 cents this year.

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

Growth
−10.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−31.4%
−10.9%
+4.6%
+5.6%

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

Share base
0.01B
Shares outstanding, FY2025
0.060.012007201220152018202120242025
0.060.012016201920222025
Change, 5 years+14.9%
Change, 10 years+16.4%

The share count grew 15% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 14.0M
total assets, end of FY2025
Total assetsUSD 14.0M
EquityUSD 13.6M
CashUSD 11.6M
Current ratio45.02×

Equity funds 97% of total assets.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2007
Revenue $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
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
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
·
·
·
·
·
·
·
·
·
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
0.0
0.0
−0.0
−0.0
−0.0
0.0
EPS, diluted $
−0.01
−0.25
−0.15
0.24
0.01
0.01
0.01
0.03
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−1.1
−20.6
−13.5
29.4
1.4
16.3
31.7
151.7
2141.6
·
·
·
·
·
·
·
·
Shares out B
0.01
0.01
0.01
0.01
0.01
0.07
0.06
0.06
0.06
0.06
0.06
0.06
0.06
0.06
0.06
0.06
·

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

How we verifyAUDITED
57 of 57
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