Precision Optics Corporation, Inc. (POCI)

From the record

Precision Optics Corporation, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Precision Optics Corporation, Inc.'s 10 filed years say what it did: revenue went from $3 million in fiscal 2017 to $32 million in fiscal 2026, up 29.2% a year; it rose in 7 of 9 years; the deepest fall was 9% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 10 of those years (its annual reports).

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Return on equity: in the fiscal year ended 2026-06-30, Precision Optics Corporation, Inc. lost about 18 cents for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 37 cents per dollar of assets, and net share issuance: its share count grew 25.6% over the year (the filed statements).

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Precision Optics Corporation, Inc.'s standing among 24 graded names in its industry family: revenue of $32 million in fiscal 2026 ranks in the bottom 40% by size; a net margin of -11.5% ranks in the top 40%; revenue growth of 14.4% a year over the last 3 filed years ranks in the top 38% (its annual reports).

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Precision Optics Corporation, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Forkey, Joseph Norman (Chief Executive Officer, as filed), filing under that title since 2011-10-25, 15.1 years (top 3% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 21%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

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Precision Optics Corporation, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $10 million against debt of $711 thousand leaves 28.2% of its assets as net cash, top 33% of its family; cash from operations less capital spending is -6.3% of revenue (top 46%); a gross margin of 17.2% (bottom 2%); research spending of 3.3% of revenue (bottom 11%) (its annual report).

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Precision Optics Corporation, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 14.4% a year over the last three filed years against 29.2% over all 10, slowing (bottom 24% of its family); the newest year grew 65.2% (top 11%); research spending grew 1.4% a year (bottom 38%); capital spending grew 194% a year (top 10%) (its annual reports). Precision Optics Corporation, Inc. reported 4 product lines in fiscal 2026: Systems Manufacturing at $23 million (72%), Ross Optical Industries at $5 million (16%), Engineering Design Services at $3 million (11%), and 1 more; 2 of 4 grew against the year before (its annual report).

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Precision Optics Corporation, Inc.'s newest year against its own record: revenue of $32 million in fiscal 2026 came in 73.4% above the $18 million its prior three years' pace pointed to (top 7% of its family); net income of $4 million against a prior three-year average of $3 million (bottom 25%); a net margin of -11.5% against -15.5% before (bottom 43%) (its annual reports).