Tron (TRON) Q4 FY2023 earnings: revenue $1 million

Tron Inc. (TRON) reported revenue of $1 million for Q4 FY2023, the quarter ended 31 December 2023. Net income was -$757,130. The figures are the company's own, from the 10-K it filed with the SEC on 1 April 2024.

Revenue$1 million

Net income-$757,130

Diluted EPSn/a

QuarterQ4 FY2023ended 31 December 2023

The quarter, against the one before and a year earlier

Line	Q4 FY2023	Q3 FY2023	A year earlier	Change on the year
Revenue	1.2	1.1	n/a	n/a
Cost of revenue	0.9	0.9	n/a	n/a
Gross profit	0.3	0.2	n/a	n/a
Gross margin	28.6%	20.3%	n/a
Operating income	n/a	-1.5	n/a	n/a
Operating margin	n/a	-131.9%	n/a
Interest expense	0.0	0.0	n/a	n/a
Net income	-0.8	-1.5	n/a	n/a
Net margin	-62.9%	-131.8%	n/a
Diluted EPS	n/a	-$0.19	n/a	n/a

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

Line	Q4 FY2023	Q3 FY2023	A year earlier	Change on the year
Operating cash flow	-0.4	-0.3	n/a	n/a
Capital expenditure	0.0	n/a	n/a	n/a
Free cash flow	-0.4	n/a	n/a	n/a
Free cash flow margin	-29.4%	n/a	n/a
Cash from investing	0.0	-0.3	n/a	n/a
Cash from financing	-0.0	3.6	n/a	n/a
Diluted shares, weighted	8m	8m	n/a	n/a
Shares outstanding at period end	10m	9m	n/a	n/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q4 FY2023	Q3 FY2023	A year earlier	Change on the year
Shareholders' equity	4.1	4.5	n/a	n/a
Deposits	0.4	n/a	n/a	n/a
Other liabilities	0.0	0.5	n/a	n/a
Total liabilities and equity	4.5	5.0	n/a	n/a
Fixed assets	0.0	0.0	n/a	n/a
Cash and equivalents	3.0	3.3	n/a	n/a
Receivables	0.7	0.7	n/a	n/a
Inventory	0.3	0.2	n/a	n/a
Other assets	0.5	0.6	n/a	n/a
Total assets	4.5	5.0	n/a	n/a

Questions

What was Tron's revenue in Q4 FY2023?

Tron (TRON) reported revenue of $1 million for Q4 FY2023, the quarter ended 31 December 2023.

How much did Tron earn in Q4 FY2023?

Net loss for Q4 FY2023 was $757,130.

When did Tron report Q4 FY2023 results?

Tron filed its 10-K for the year that ended with the quarter on 1 April 2024; the fourth quarter is the year less the first three.

Quarterly results, the last 15 quarters

	Q3 FY2022	Q1 FY2023 †	Q2 FY2023 †	Q3 FY2023	Q4 FY2023 * †	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	1.5	1.1	2.3	1.1	1.2	1.0	1.5	0.9	0.9	1.1	1.3	1.1	1.2	1.2	1.6
Cost of revenue	1.1	0.9	1.8	0.9	0.9	0.8	1.2	0.7	0.8	0.8	1.1	0.8	0.9	0.9	1.3
Gross profit	0.4	0.2	0.5	0.2	0.3	0.2	0.2	0.2	0.3	0.3	0.3	0.3	0.3	0.3	0.3
Gross margin	27%	22%	22%	20%	29%	16%	14%	22%	31%	24%	22%	27%	28%	27%	19%
Operating income	0.2	-0.0	0.2	-1.5	n/a	-1.7	-0.5	-1.1	-1.0	-0.6	-0.7	-0.7	-0.5	-0.6	-0.5
Operating margin	16%	-1%	11%	-132%	n/a	-170%	-35%	-129%	-104%	-59%	-55%	-59%	-39%	-50%	-34%
Interest expense	n/a	0.0	0.0	0.0	0.0	n/a	n/a	0.0	n/a	0.0	0.0	0.0	0.0	0.0	0.0
Pre-tax income	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-1.1	n/a	-0.6	1.5	15.6	-33.3	23.1	3.6
Tax rate	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	6%	21%
Net income	0.2	-0.0	0.2	-1.5	-0.8	-1.7	-0.5	-1.1	-1.0	-0.6	1.5	12.2	-29.8	21.6	2.9
Net margin	16%	-3%	10%	-132%	-63%	-170%	-35%	-129%	-106%	-59%	109%	1102%	-2476%	1826%	183%
Diluted EPS	$0.04	-$0.01	$0.04	-$0.19	n/a	-$0.17	-$0.05	-$0.10	n/a	-$0.04	$0.01	$0.04	n/a	$0.05	$0.01
Operating cash flow	n/a	-0.2	0.0	-0.3	-0.4	-1.2	-0.3	-0.2	-1.2	-0.2	0.0	-0.9	-0.4	-0.5	-0.4
Capital expenditure	n/a	0.0	0.1	n/a	0.0	n/a	n/a	0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Free cash flow	n/a	-0.2	-0.0	n/a	-0.4	n/a	n/a	-0.2	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Shares outstanding	10m	10m	2m	9m	10m	10m	10m	12m	16m	17m	27m	257m	261m	274m	474m
Filing	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 December 2023, filed 1 April 2024: the filing.