Damon Inc. Common Stock (DMN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Damon Inc. Common Stock (DMN) has a cash flow conversion efficiency ratio of 0.392x as of March 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-8.04 Million) by net assets ($-20.51 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Damon Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Damon Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Damon Inc. Common Stock carry for a breakdown of total debt and financial obligations.
Damon Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Damon Inc. Common Stock ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rocky Mountain Liquor Inc
V:RUM
|
0.141x |
|
Eastern Resources Ltd
AU:EFE
|
-0.010x |
|
Timah Resources Ltd
AU:TML
|
0.007x |
|
Colabor Group Inc.
TO:GCL
|
0.101x |
|
Revelation Biosciences Inc
NASDAQ:REVB
|
-0.144x |
|
Next 15 Group PLC
LSE:NFG
|
0.023x |
|
Netcapital Inc
NASDAQ:NCPL
|
-0.120x |
|
Mid Wynd International Investment Trust plc
LSE:MWY
|
0.002x |
Annual Cash Flow Conversion Efficiency for Damon Inc. Common Stock (2022–2024)
The table below shows the annual cash flow conversion efficiency of Damon Inc. Common Stock from 2022 to 2024. For the full company profile with market capitalisation and key ratios, see Damon Inc. Common Stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $-9.24 Million | $-12.87 Million | 1.392x | +61.62% |
| 2023-06-30 | $-24.47 Million | $-21.08 Million | 0.862x | +137.71% |
| 2022-06-30 | $10.70 Million | $-24.44 Million | -2.285x | -- |
About Damon Inc. Common Stock
Damon Inc., through its subsidiary, Damon Motors Inc. develops electric motorcycles and other personal mobility products electric motorcycles and other personal mobility products. The company develops electric motorcycles, including HyperSport and HyperFighter. It also develops HyperDrive, a common powertrain platform for both the HyperSport and HyperFighter models; and CoPilot, which provides a … Read more