A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Company History One Stop Systems, Inc. (“we,” “our,” “OSS,” or the “Company”) was originally incorporated as a California corporation in 1999, after initially being formed as a California limited liability company in 1998. On December 14, 2017, the Company was reincorporated as a Delaware corporation in connection with its initial public offering. The Company designs, manufactures, and markets specialized rugged high-performance compute ("HPC"), high speed switch fabrics and storage systems, which are designed to target edge applications for artificial intelligence ("AI") / machine learning ("ML"), sensor processing, sensor fusion, and autonomy.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 60M | 55M | 61M | 72M | 62M | 52M |
| Net Income | -6.9M | -14M | -6.7M | -2.2M | 2.3M | -7K |
| EPS | $-0.32 | $-0.65 | $-0.32 | $-0.11 | $0.12 | $0.00 |
| Free Cash Flow | -7.7M | -471K | -1.3M | -8.3M | 5.1M | -1.1M |
| ROIC | -32.1% | -50.2% | -16.8% | 2.3% | 4.9% | -0.0% |
| Gross Margin | 29.0% | 14.1% | 29.5% | 28.2% | 31.7% | 31.7% |
| Debt/Equity | 0.08 | 0.08 | 0.12 | 0.14 | 0.14 | 0.16 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -6.3M | -13M | -7.9M | 1.6M | 1.7M | -424K |
| Operating Margin | -10.5% | -24.4% | -13.0% | 2.2% | 2.8% | -0.8% |
| ROE | -26.2% | -40.8% | -17.0% | -5.0% | 5.6% | -0.0% |
| Shares Outstanding | 25M | 21M | 21M | 20M | 19M | 19M |
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |||
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 28M | 37M | 58M | 52M | 62M | 72M | 61M | 55M | 60M |
| Gross Margin | 31.5% | 30.6% | 33.3% | 31.7% | 31.7% | 28.2% | 29.5% | 14.1% | 29.0% |
| R&D | 2.7M | 4.0M | 4.8M | 4.3M | 4.0M | 4.7M | 4.3M | 4.1M | 5.6M |
| SG&A | 3.5M | 6.5M | 8.5M | 8.4M | 7.7M | 7.3M | 9.3M | 9.0M | 9.5M |
| EBIT | -450K | -3.2M | -779K | -424K | 1.7M | 1.6M | -7.9M | -13M | -6.3M |
| Op. Margin | -1.6% | -8.6% | -1.3% | -0.8% | 2.8% | 2.2% | -13.0% | -24.4% | -10.5% |
| Net Income | 97K | -1.1M | -900K | -7K | 2.3M | -2.2M | -6.7M | -14M | -6.9M |
| Net Margin | 0.4% | -3.1% | -1.5% | -0.0% | 3.8% | -3.1% | -11.0% | -24.9% | -11.5% |
| Non-Recurring | 0 | 0 | 1.7M | 0 | 0 | 0 | 5.6M | 0 | 0 |
| Returns on Capital | |||||||||
| ROIC | 1.5% | -4.2% | -3.1% | -0.0% | 4.9% | 2.3% | -16.8% | -50.2% | -32.1% |
| ROE | 1.5% | -4.3% | -3.1% | -0.0% | 5.6% | -5.0% | -17.0% | -40.8% | -26.2% |
| ROA | 0.6% | -3.2% | -2.3% | -0.0% | 4.5% | -4.0% | -13.9% | -32.0% | -16.0% |
| Cash Flow | |||||||||
| Op. Cash Flow | -382K | -3.9M | 2.4M | -250K | 5.6M | -7.8M | -440K | -108K | -7.2M |
| Free Cash Flow | -807K | -4.5M | -11K | -1.1M | 5.1M | -8.3M | -1.3M | -471K | -7.7M |
| Owner Earnings | -1.4M | -5.8M | 1.1M | -1.9M | 3.0M | -11M | -3.8M | -3.1M | -10M |
| CapEx | 425K | 623K | 2.4M | 820K | 564K | 530K | 822K | 363K | 532K |
| Maint. CapEx | 836K | 1.4M | 671K | 923K | 924K | 987K | 1.0M | 1.0M | 903K |
| Growth CapEx | 0 | 0 | 1.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 836K | 1.4M | 671K | 923K | 924K | 987K | 1.0M | 1.0M | 903K |
| CapEx/OCF | N/A | N/A | 100.5% | N/A | 10.0% | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 160K | 527K | 649K | 724K | 1.7M | 2.0M | 2.3M | 2.0M | 2.1M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||
| Net Debt | 3.6M | -2.7M | -7.5M | -7.9M | -14M | -6.9M | -7.3M | -7.9M | -11M |
| Cash & Equiv. | 186K | 2.3M | 5.2M | 6.3M | 5.1M | 3.1M | 4.0M | 6.8M | 13M |
| Long-Term Debt | 13K | 265K | 149K | 2.0M | 3.7M | 409K | 409K | N/A | 2.2M |
| Debt/Equity | 0.60 | 0.07 | 0.10 | 0.16 | 0.14 | 0.14 | 0.12 | 0.08 | 0.08 |
| Interest Coverage | -2.3 | -48.3 | -4.7 | -0.8 | 3.3 | 9.7 | -67.3 | -180.2 | -180.2 |
| Equity | 6.6M | 27M | 29M | 29M | 42M | 44M | 40M | 27M | 26M |
| Total Assets | 17M | 36M | 40M | 39M | 52M | 56M | 48M | 37M | 43M |
| Total Liabilities | 10M | 9.5M | 11M | 9.8M | 9.6M | 12M | 8.7M | 9.8M | 17M |
| Intangibles | 3.9M | 11M | 8.5M | 7.8M | 7.2M | 7.2M | 1.5M | 1.5M | 1.5M |
| Retained Earnings | 281K | -855K | -1.8M | -1.8M | 571K | -1.7M | -8.4M | -22M | -26M |
| Working Capital | 104K | 11M | 14M | 16M | 28M | 35M | 36M | 24M | 23M |
| Current Assets | 10M | 20M | 25M | 24M | 38M | 46M | 42M | 32M | 36M |
| Current Liabilities | 9.9M | 9.2M | 11M | 7.8M | 9.6M | 11M | 6.9M | 8.2M | 13M |
| Per Share Data | |||||||||
| EPS | 0.01 | -0.09 | -0.06 | 0.00 | 0.12 | -0.11 | -0.32 | -0.65 | -0.32 |
| Owner EPS | -0.14 | -0.46 | 0.07 | -0.10 | 0.15 | -0.53 | -0.18 | -0.15 | -0.42 |
| Book Value | 0.69 | 2.10 | 1.92 | 1.55 | 2.16 | 2.19 | 1.89 | 1.30 | 1.07 |
| Cash Flow/Share | -0.04 | -0.31 | 0.16 | -0.01 | 0.29 | -0.39 | -0.02 | -0.01 | -0.25 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 9.7M | 12.6M | 15.0M | 18.9M | 19.4M | 20.3M | 21.0M | 21.0M | 24.5M |
| Valuation | |||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | 40.0 | N/A | N/A | N/A | -27.4 |
| P/FCF | N/A | N/A | N/A | N/A | 18.4 | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | 29.3 | N/A | N/A | N/A |
| Price/Book | N/A | 1.0 | 1.0 | 2.6 | 2.2 | 1.3 | 1.1 | 2.6 | 8.2 |
| Price/Sales | N/A | 1.4 | 0.6 | 0.8 | 1.7 | 1.1 | 0.9 | 1.0 | 3.6 |
| FCF Yield | N/A | -17.3% | -0.0% | -1.4% | 5.4% | -14.2% | -2.8% | -0.7% | -3.6% |
| Market Cap | N/A | 26M | 28M | 77M | 93M | 59M | 45M | 71M | 215M |
| Avg. Price | N/A | 4.02 | 2.19 | 2.16 | 5.55 | 3.85 | 2.50 | 2.53 | 8.76 |
| Year-End Price | N/A | 2.07 | 1.85 | 4.07 | 4.80 | 2.90 | 2.15 | 3.38 | 8.76 |
ONE STOP SYSTEMS, INC. passes 0 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 27.0%. At current prices, the estimated annualized return to fair value is -27.3%.
ONE STOP SYSTEMS, INC. (OSS) has a 5-year average return on invested capital (ROIC) of -12.0%. This is below average and may indicate limited pricing power.
ONE STOP SYSTEMS, INC. (OSS) has a market capitalization of $215M. It is classified as a small-cap stock.
ONE STOP SYSTEMS, INC. (OSS) does not currently pay a regular dividend.
ONE STOP SYSTEMS, INC. (OSS) operates in the Electronic Computers industry, within the Technology sector.
ONE STOP SYSTEMS, INC. (OSS) reported annual revenue of $55 million in its most recent fiscal year, based on SEC EDGAR filings.
ONE STOP SYSTEMS, INC. (OSS) has a net profit margin of -24.9%. The company is currently unprofitable.
ONE STOP SYSTEMS, INC. (OSS) generated $-471 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
ONE STOP SYSTEMS, INC. (OSS) has a debt-to-equity ratio of 0.08. This indicates a conservatively financed balance sheet.
ONE STOP SYSTEMS, INC. (OSS) reported earnings per share (EPS) of $-0.65 in its most recent fiscal year.
ONE STOP SYSTEMS, INC. (OSS) has a return on equity (ROE) of -40.8%. A negative ROE may indicate losses or negative equity.
ONE STOP SYSTEMS, INC. (OSS) has a 5-year average gross margin of 27.0%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 8 years of financial data for ONE STOP SYSTEMS, INC. (OSS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
ONE STOP SYSTEMS, INC. (OSS) has a book value per share of $1.30, based on its most recent annual SEC filing.