CVV CVD EQUIPMENT CORP

Overview and Growth

In fiscal 2025, CVD EQUIPMENT CORP recorded $25.79M of revenue, net loss of $1.58M, and an operating cash outflow of $3.68M. The $25.79M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line contracted 4.1% from $26.88M in fiscal 2024; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of -$0.23, adding a shareholder-level measure to the absolute income figures considered below. The diluted weighted-average share count was 6.88M, linking total earnings with the per-share result received by shareholders. At period end, total assets were $27.51M, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 0.94x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $7.29M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 28.3% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced a $1.91M operating loss before non-operating and tax effects. Relative to revenue, the operating deficit measured 7.4%, showing the shortfall after operating costs. The company ended the period with a net loss of $1.58M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 6.1% after all recognized items. Negative EBITDA totaled $1.23M, confirming that the earnings deficit remained before depreciation and amortization. The pretax result was a loss of $1.58M, establishing the deficit before tax effects. Measured against revenue, the pretax deficit represented 6.1%. Income tax expense totaled $3.00K, providing the reported tax component that separates pretax and after-tax earnings. Relative to period-end equity, the net loss represented 6.4%. The loss-to-assets relationship was 5.8%, placing the bottom-line deficit against the company’s resource base. The net loss narrowed to $1.58M from $1.90M in fiscal 2024.

Liquidity and Capital Structure

At period end, the $27.51M asset base was financed through $2.78M of liabilities and $24.73M of equity. Current assets were $16.88M against $2.78M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 6.06x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $8.73M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 313.7% of current liabilities, showing how much near-term coverage came from cash alone. Book equity represented 89.9% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 10.1% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 31.7%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 13.2% lower than fiscal 2024 assets of $31.69M, measuring the company’s own balance-sheet change. Reported equity changed 2.5% from $25.37M in fiscal 2024, placing the current capital base lower year over year. The reported cash balance changed 30.7% from $12.60M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $3.68M, showing that operations absorbed cash during the period. The company spent $48.00K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Negative free cash flow was $3.73M, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to revenue, the post-investment cash deficit represented 14.4%. The free-cash-flow deficit equaled 13.5% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.