Firefly NEUROSCIENCE, Inc. (AIFF) intrinsic value & 10-year financials
Firefly NEUROSCIENCE, Inc. (AIFF) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 17.9% a year to $1.1M, with an average return on invested capital of -136.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $1.02
- Market cap
- $12.8M
- Revenue (FY2025)
- $1.1M
- Revenue growth (10-yr CAGR)
- -17.9%
- ROIC (10-yr avg)
- -136.2%
- Free cash flow (FY2025)
- —
AIFF 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.1M | -$19.9M | — | — | -775.5% | -243.9% |
| FY2024 | $108.0K | -$10.5M | — | — | -9309.3% | -583.4% |
| FY2023 | $8.0M | -$2.0M | — | -$2.8M | -22.4% | -69.6% |
| FY2022 | $12.0M | -$17.8M | — | -$6.5M | -156.2% | -216.7% |
| FY2021 | $15.0M | -$1.1M | -$0.09 | -$804.8K | -17.5% | -20.4% |
| FY2020 | $13.9M | $413.4K | $0.03 | $358.7K | 3.0% | 220.4% |
| FY2019 | $10.2M | -$717.2K | -$0.06 | -$925.5K | -7.2% | -425.6% |
| FY2018 | $8.9M | -$51.0K | $0.00 | -$769.3K | -0.7% | -2.7% |
| FY2017 | $10.6M | $246.5K | $0.02 | $835.2K | 2.2% | 14.0% |
| FY2016 | $6.7M | -$553.7K | -$0.05 | -$269.9K | -8.4% | -33.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
FIREFLY NEUROSCIENCE, INC. is facing top-line stagnation, with revenue contracting over the decade.
FIREFLY NEUROSCIENCE, INC. has historically struggled to out-earn its cost of capital, averaging just -12.5% ROIC.
FIREFLY NEUROSCIENCE, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, FIREFLY NEUROSCIENCE, INC. is modeled at -17.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.71 per share.