What is GEMI's free cash flow margin?

GEMI (GEMI) reported free cash flow margin of -212% in Q4 2023.

What does free cash flow margin mean?

Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

GEMI GEMI Free cash flow margin

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Other financials

Income statement

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Revenue$50.3M+42.3%

Operating income-$94.2M-96.1%

Net income-$109.0M+27.0%

EPS (diluted)-$0.93+96.9%

Balance sheet

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Cash & equivalents$803.1M+39.1%

Total debt$25.7M—

Total equity$456.1M+149%

Total assets$1.5B—

Cash flow

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Operating cash flow-$54.4M-196%

CapEx$127.0K-32.4%

Free cash flow-$54.6M-193%

Valuation

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Market cap$494.35M-87.2%

Enterprise value-$283.08M—

P/S2.5×—

Profitability

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Operating margin-201.4%—

Net margin-278.9%—

Returns & leverage

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Return on equity225%—

Debt / equity0.1×—

Current ratio1.3×—

Where this comes from

Calculated from GEMI’s reported figures.

free cash flow/total revenue=-212%

Based on trailing twelve months.

The official record: GEMI’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GEMI's free cash flow margin?: GEMI (GEMI) reported free cash flow margin of -212% in Q4 2023.
What does free cash flow margin mean?: Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.