FiEE (FIEE) Q4 2025 earnings summary

Executive summary

• Revenue grew 867.9% year-over-year to $6.2 million, driven by a strategic shift from hardware to SaaS and digital services.

• Net income reached $1.1 million, reversing a prior year net loss of $4.2 million.

• Gross margin improved to 86.4% from 32.4% year-over-year.

• Onboarded 800 customers in 2025, with SaaS-MCN digital service fees totaling $6.8 million, $5.3 million recognized as revenue.

• Acquired a Japanese digital authentication company, adding $0.3 million in new revenue streams.

Financial highlights

• Fourth quarter revenue was $4.2 million, up from $1.9 million in Q3 2025.

• Fourth quarter net income was $2.3 million, compared to a net loss of $0.3 million in Q3 2025.

• Operating income for the year was $1.6 million, compared to a $4.2 million loss in 2024.

• Diluted EPS was $0.10, up from a loss of $1.34 in the prior year.

• Net cash from operating activities was $3.6 million for the year.

Outlook and guidance

• Plans to invest in R&D to expand service offerings and enhance customer experience.

• Focus on organic growth and potential external opportunities to accelerate business growth.