ONDO Financials: %{var1} AI Analysis

Breakdown	TTM	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Revenue	269	269	407	463	481	243
Revenue Growth (YoY)	-34%	-34%	-12%	-4%	98%	-77%
Cost of Revenue	218	218	167	159	202	106
Gross Profit	51	51	240	304	278	136
Selling, General & Admin	172	172	211	382	576	661
Research & Development	294	294	123	501	590	1,304
Operating Expenses	449	441	322	857	1,158	1,930
Other Non Operating Income (Expenses)	--	--	-3	-1	--	--
Pretax Income	-423	-423	-91	-367	-902	-1,920
Income Tax Expense	13	13	--	--	--	--
Net Income	-437	-437	-91	-367	-902	-1,920
Net Income Growth	380%	380%	-75%	-59%	-53%	56.99%
Shares Outstanding (Diluted)	1,462.66	1,388.4	1,276.19	1,263.07	1,172.83	1,165.2
Shares Change (YoY)	15%	9%	1%	8%	1%	11%
EPS (Diluted)	-0.29	-0.31	-0.07	-0.29	-0.76	-1.64
EPS Growth	306%	340%	-75%	-62%	-53%	41%
Free Cash Flow	--	--	-343	-653	-714	-1,633
Free Cash Flow Per Share	--	--	--	--	--	--
Gross Margin	18.95%	18.95%	58.96%	65.65%	57.79%	55.96%
Operating Margin	-147.95%	-144.98%	-19.9%	-119.43%	-182.95%	-737.86%
Profit Margin	-162.45%	-162.45%	-22.35%	-79.26%	-187.52%	-790.12%
Free Cash Flow Margin	--	--	-84.27%	-141.03%	-148.44%	-672.01%
EBITDA	--	--	-32	-495	-836	-1,771
EBITDA Margin	--	--	-7.86%	-106.91%	-173.8%	-728.8%
D&A For EBITDA	--	--	49	58	44	22
EBIT	-398	-390	-81	-553	-880	-1,793
EBIT Margin	-147.95%	-144.98%	-19.9%	-119.43%	-182.95%	-737.86%
Effective Tax Rate	-3.07%	-3.07%	--	--	--	--

undefined (ONDO) Financial