Search REFR
RESEARCH FRONTIERS INC
Nasdaq · CIK 793524
Last close0.73
Daily change+0.04 (5.80%)
10 Years gain-71.48%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
REFR · STANDARD
SIC 6794 · Patent Owners & Lessors · Fiscal year end 1231
Fundamental
60.0Momentum
0.0Acceleration
0.0Confidence
90.0Annual Revenue12
Quarterly Revenue52
Annual CFO15
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth16.8 / 25
Quality16.4 / 25
Capital Efficiency2.9 / 20
Balance Sheet15.0 / 15
Shareholder Economics5.8 / 10
Forward Indicators0.0 / 5
Signals
No positive signals calculated.
Warnings
Operating margin compression · MEDIUMOperating margin compressed by 249.1301 percentage points.
ROIC declining · MEDIUMROIC declined by 237.6782 percentage points.
Key Metrics
Revenue Growth TTM-54.99%OK
Revenue CAGR 3Y27.6%OK
Gross Margin100%OK
Operating Margin-325.73%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC-330.43%OK
Incremental Operating Margin 3Y223.58%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y3.62%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $1.12M | $1.12M | -$2.13M | -$1.33M | -$1.33M | 100% | -190.16% | -118.61% | -383.05% | 33.65M |
| 2025 FY Dec 31, 2024 | $1.34M | $1.34M | -$1.44M | -$788,819.00 | -$790,442.00 | 100% | -107.96% | -59.19% | -137.91% | 33.52M |
| 2024 FY Dec 31, 2023 | $909,598.00 | $909,598.00 | -$2.03M | -$2.30M | -$2.30M | 100% | -223.54% | -252.49% | -199.82% | 33.45M |
| 2023 FY Dec 31, 2022 | $539,686.00 | $539,686.00 | -$2.63M | -$2.18M | -$2.18M | 100% | -486.42% | -404.68% | -313.08% | 32.07M |
| 2022 FY Dec 31, 2021 | $1.26M | $1.26M | -$1.84M | -$1.80M | -$1.81M | 100% | -145.59% | -142.94% | -221.25% | n/a |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $712,013.00 | sum latest 4 fiscal quarters Revenue | OK | 0001493152-26-036332, 0001493152-25-021062 |
| Revenue Growth TTM | -54.99% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001493152-26-036332, 0001493152-25-021062 |
| Revenue CAGR 3Y | 27.6% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001493152-26-008988 |
| Revenue CAGR 5Y | 6.24% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001493152-26-008988 |
| Gross Profit CAGR 3Y | 27.6% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001493152-26-008988 |
| Operating Income Growth | n/a | OperatingIncome_current / OperatingIncome_prior_year - 1 | INSUFFICIENT_HISTORY | 0001493152-26-036332, 0001493152-25-021062 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 100% | Gross Profit / Revenue | OK | 0001493152-26-036332, 0001493152-25-021062 |
| Operating Margin | -325.73% | Operating Income / Revenue | OK | 0001493152-26-036332, 0001493152-25-021062 |
| ROIC | -330.43% | NOPAT / Average Invested Capital | OK | 0001493152-26-036332, 0001493152-25-021062 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001493152-26-036332 |
| Current Ratio | 3.54x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $0.02 | Revenue / Diluted Shares | OK | 0001493152-26-036332, 0001493152-25-021062 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |