SMART Trend 25 ETF financials
$26.42−0.66%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.4M | $31.2M | $28.9M | $26.0M | $32.6M | $28.7M | $27.0M | $20.1M | $16.7M | $18.8M | $22.9M | $19.7M |
| Gross profit | $10.0M | $9.6M | $8.8M | $7.1M | $9.9M | $8.5M | $8.8M | $6.0M | $5.5M | $5.6M | $7.8M | $6.4M |
| Gross margin | 30.0% | 30.9% | 30.4% | 27.2% | 30.3% | 29.6% | 32.5% | 29.5% | 32.8% | 29.8% | 34.0% | 32.5% |
| Operating income | $86.0K | $645.0K | -$35.0K | -$1.8M | $395.0K | -$535.0K | -$933.0K | -$2.2M | -$1.1M | -$665.0K | -$356.0K | $667.0K |
| Net income | $309.0K | $744.0K | $243.0K | -$1.2M | $643.0K | -$393.0K | -$586.0K | -$2.0M | -$1.0M | -$487.0K | -$242.0K | $1.3M |
| Net margin | 0.9% | 2.4% | 0.8% | −4.8% | 2.0% | −1.4% | −2.2% | −10.1% | −6.1% | −2.6% | −1.1% | 6.4% |
| Diluted EPS | $0.02 | $0.04 | $0.01 | $-0.07 | $0.03 | $-0.02 | $-0.03 | $-0.11 | $-0.06 | $-0.03 | $-0.03 | $0.04 |
| EBITDA | $376.0K | $940.0K | $264.0K | -$1.5M | $644.0K | -$263.0K | -$683.0K | -$2.0M | -$896.0K | -$536.0K | $637.0K | $849.0K |
| Operating cash flow | $375.0K | $1.2M | $161.0K | -$5.4M | $6.4M | -$5.9M | $1.3M | -$2.7M | $2.1M | $2.1M | -$2.9M | -$4.4M |
| Free cash flow | $358.0K | $1.2M | $38.0K | -$5.9M | $6.3M | -$6.0M | $1.2M | -$2.9M | $1.9M | $1.9M | -$3.1M | -$4.6M |
| Diluted shares | 18.8M | 18.7M | 18.2M | 18.4M | 18.6M | 18.6M | 18.6M | 18.6M | 18.6M | 18.6M | 7.8M | 29.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $7.4M | $7.6M | $6.8M | $6.7M | $13.1M | $4.2M |
| Short-term investments | $5.2M | $5.1M | $4.9M | $5.1M | $5.0M | $7.9M |
| Total debt | $224.0K | $355.0K | $424.0K | $570.0K | $583.0K | $762.0K |
| Total assets | $56.9M | $53.2M | $49.3M | $50.3M | $61.2M | $52.2M |
| Total liabilities | $25.4M | $21.8M | $18.8M | $20.1M | $29.4M | $20.9M |
| Shareholders' equity | $31.5M | $31.4M | $30.5M | $30.2M | $31.8M | $31.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology