Pulling SEC filings + quote and writing the call…

Precipio, Inc.
Next earnings Aug 11, 2026
Last earnings -0.9% on 2026-02-27
A genuine turnaround — revenue nearly tripled in 4 years and losses all but erased — but a going-concern flag and $2.65M cash cap the call.
Revenue $24.2M · FY2025
Precipio is a rare micro-cap where the operating story is actually improving on every line. Revenue has compounded from $8.70M (FY2021) to $24.2M (FY2025), up 30.5% in the latest year, and the diagnostics model is finally scaling: gross profit grew 41.6% (faster than revenue) to $10.7M, lifting gross margin to 44.2%. The bottom line went from a -$4.29M net loss in FY2024 to just -$363K in FY2025 — a 91.5% improvement — with operating income at -$1.20M and, critically, operating cash flow positive at $685K against only $326K of capex. The balance sheet is clean for a company this size: total debt is a trivial $77K (long-term $47K + current $30K), equity is $14.6M, and liabilities/equity is 0.46x. On valuation, a $45.1M market cap against $24.2M revenue is 1.9x sales — undemanding for ~30% growth if profitability holds. The MD&A's 'self-funded R&D' framing (the CLIA labs double as a validation engine at minimal incremental cost) is a credible explanation for how a sub-scale player reached positive OCF.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $8.70M | $9.82M | $15.4M | $18.6M | $24.2M |
| Gross profit | $2.39M | $2.51M | $6.02M | $7.56M | $10.7M |
| Operating income | -$9.61M | -$12.8M | -$7.62M | -$4.22M | -$1.20M |
| Net income | — | — | — | -$4.29M | -$363K |
| Diluted EPS | -$0.40 | -$10.73 | -$4.51 | -$2.93 | -$0.23 |
| Net margin | — | — | — | -23.1% | -1.5% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Annual meeting vote results certified; routine governance, no business change
Q1'26 10-Q: growth trajectory continues off record FY2025 base
Reg FD disclosure w/ exhibit (investor/PR update); no financial results
DEF 14A proxy for annual meeting; routine director/comp votes
FY2025: revenue +30% to $24.2M, loss cut 91% to -$363K; going-concern doubt
Q4/FY2025 results: revenue +30.5% to $24.2M, loss nearly erased
Officer/director change reported; leadership transition, impact unclear
Q3'25 10-Q: revenue growth and margin gains continue toward breakeven
Reg FD disclosure w/ exhibit; investor communication, no financials
Sources: SEC EDGAR (CIK 0001043961, latest 10-Q filed 2026-05-14) · EODHD · Proprietary analysis · as of 7/4/2026, 9:26:07 AM.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 4, 2026, 5:26 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
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