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FCUV

Focus Universal Inc.

FCUV

Focus Universal Inc. • NASDAQ
$3.31 ▲ 7.47% (+0.23)
Market Cap $24.45 M
52w High $10.90
52w Low $1.80
Dividend Yield 0%
P/E -3.99
Volume 3.02K
Outstanding Shares 7.39M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $28.689K ▼ $1.179M ▼ $-1.166M ▲ -4.066K% ▲ $-0.16 ▲ $-1.16M ▲
Q2-2025 $35.33K ▼ $1.53M ▲ $-1.506M ▼ -4.262K% ▼ $-0.2 ▼ $-1.5M ▼
Q1-2025 $190.255K ▲ $1.302M ▼ $-1.251M ▲ -657.737% ▲ $-0.17 ▲ $-1.246M ▲
Q4-2024 $133.183K ▲ $1.881M ▲ $-1.961M ▼ -1.473K% ▼ $-0.27 ▼ $-1.96M ▼
Q3-2024 $74.215K $1.779M $1.442M 1.943K% $0.2 $1.474M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $454.432K ▼ $880.445K ▼ $705.638K ▼ $174.807K ▼
Q2-2025 $1.151M ▼ $1.675M ▼ $829.224K ▲ $845.581K ▼
Q1-2025 $2.217M ▼ $2.667M ▼ $769.258K ▼ $1.898M ▼
Q4-2024 $3.614M ▼ $4.08M ▼ $885.089K ▲ $3.195M ▼
Q3-2024 $5.368M $6.23M $784.783K $5.446M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.166M ▲ $-1.061M ▲ $-2.227K ▼ $365.439K ▲ $-700.317K ▲ $-1.063M ▲
Q2-2025 $-1.506M ▼ $-1.428M ▼ $-1.711K ▲ $351.962K ▲ $-1.084M ▲ $-1.43M ▼
Q1-2025 $-1.251M ▲ $-1.22M ▼ $-23.38K ▼ $-144.575K ▲ $-1.394M ▲ $-1.243M ▼
Q4-2024 $-1.961M ▼ $-997.853K ▲ $-5.437K ▼ $-744.906K ▼ $-1.752M ▼ $-1.003M ▲
Q3-2024 $1.469M $-1.937M $7.142M $125K $5.328M $-1.94M

Revenue by Products

Product Q1-2023Q2-2023Q3-2023Q4-2023
Revenue
Revenue
 $0 ▲$0 ▲$0 ▲$0 ▲
Revenue Related Party
Revenue Related Party
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The company appears to be in a pre‑commercial or very early commercial phase. Reported revenue over the last several years rounds to essentially zero, so the business is not yet generating meaningful sales from its technology. Earnings per share have been negative each year, which signals ongoing losses as the company spends on operations and development without offsetting revenue. In plain terms, this is still a story of building and positioning rather than one of proven, monetized demand.

Balance Sheet

Balance Sheet The balance sheet looks very light, with only a small base of assets and equity and no notable debt reported. That suggests a lean, development‑stage company rather than a fully scaled operating business. The absence of debt reduces financial pressure from interest payments, but the modest asset base and limited cash mean the company likely has a narrow financial cushion and may need future external funding to support commercialization. Overall, the financial foundation is thin and sensitive to setbacks or delays.

Cash Flow

Cash Flow Cash flow figures round to essentially zero, which is consistent with a very small‑scale operation that has not yet ramped up production or sales. There is no clear sign of strong cash inflows from customers, nor of large, sustained investment outlays in physical assets; this reinforces the picture of a company still in transition from R&D and prototyping toward commercial activity. A key uncertainty is how the company will fund the next stage: it may rely on equity raises, partnerships, or licensing deals to support the cash needs of scaling.

Competitive Edge

Competitive Edge On paper, the company is trying to carve out a distinctive position in the Internet of Things and 5G space by offering a full ecosystem: a universal hardware platform, a single controlling app, and a flexible sensor hub. Its patents and provisional patents form the core of its competitive story, aiming to make it harder for rivals to copy its core approaches. The strategy focuses on cutting development costs and speeding up time‑to‑market for others, which, if widely adopted, could create strong partner relationships and network effects. The risk, however, is that much larger, better‑funded technology players are also pursuing IoT and 5G solutions, and Focus Universal must prove that its platform is not only technically superior but also easy for mainstream manufacturers and integrators to adopt.

Innovation and R&D

Innovation and R&D Innovation is clearly the centerpiece of this company. Its universal instrumentation platform, ultra‑narrowband communication technology, Ubiquitor device, and universal app are all designed to solve real pain points: fragmentation of hardware, complex custom software, and the high cost of deploying many devices. The patent portfolio and ongoing work on enhanced 5G‑style connectivity suggest sustained R&D effort and long‑term technical ambition. That said, most of the value is still conceptual and pre‑scale: the key challenge now is converting these innovations into products that customers pay for at volume, and showing that the technology works reliably and affordably in real‑world deployments.

Summary

Overall, Focus Universal looks like a high‑concept, early‑stage technology platform with a heavy emphasis on patents and architecture, but with almost no visible commercial traction yet in the financials. The income statement shows continuing losses and no real revenue, the balance sheet is thin but not burdened by debt, and cash generation is essentially absent at this stage. Strategically, the company is aiming for a differentiated position in IoT and next‑generation connectivity by standardizing hardware and software and enabling faster, cheaper device development. The main opportunity lies in successful commercialization and partnerships that validate its technology, while the main risks are execution delays, funding needs, and intense competition from much larger industry players. This remains a story driven more by future potential than by current financial performance, so uncertainty is high and outcomes will depend heavily on how well the company can move from innovation to scalable adoption over the next few years.

NEWS

October 27, 2025 · 4:05 PM UTC

Spartan Capital Securities, LLC Serves as Lead Placement Agent in Focus Universal Inc.'s $10 Million Preferred Equity Offering

Read more