Firsthand Alternative Energy Fund

ALTEXNASDAQFinancial Services● Active

$15.53

+$0.22(+1.44%)

Market Cap$10783302

P/E Ratio—

52W High$16.93

52W Low$9.2

Avg Volume0

Open$15.53

Beta2.15

Net Income Financials Revenue

Firsthand Alternative Energy Fund (ALTEX) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

ALTEX · net income · updated Jun 14, 2026

Core profitability metrics

ALTEX · net income · margin · TTM · CAGR

Net income was $112.6M for FY2023 (fiscal year ending 2023-11-30), down 65.2% year-over-year. Net profit margin was 161.9%. Based on available data, Firsthand Alternative Energy Fund has been profitable since at least 2012.

FY2023 Net Income$112.6M▼ -65.2% YoY

Trailing 12M (TTM)$232.1Mtrailing 4 quarters sum

Net Profit Margin161.9%$112.6M ÷ $69.6M

YoY Change-65.2%—

5-Year CAGR-13.2%FY2020 → FY2023

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 14, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · ALTEX net income history · ALTEX profit margin

Annual net income data

ALTEX · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2023$112.6M▼ 65.2%161.9%$69.6M

FY2022$323.3M▼ 3.7%567.3%$57.0M

FY2021$335.8M▲ +142.8%1348.5%$24.9M

FY2020Loss−$784.9M▼ 517.8%-4886.0%$16.1M

FY2019Loss−$127.0M▼ 155.5%-260.3%$48.8M

Net income vs peers (Financial Services)

ALTEX vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Firsthand Alternative Energy FundYOU

ALTEX

$112.6M-65.2%161.9%

Berkshire Hathaway Inc.

BRK-B

$66.97B-24.8%18.0%

100%

Berkshire Hathaway Inc.

Mastercard Incorporated

$14.97B+16.3%45.6%

22%

Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Firsthand Alternative Energy Fund (ALTEX) reported net income of $112.6M for FY2023 (fiscal year ending 2023-11-30), down 65.2% year-over-year. The net profit margin was 161.9% — meaning the company kept $1.62 of every dollar of revenue as profit.

Based on available data, Firsthand Alternative Energy Fund has been profitable since at least 2012. Net income reached a peak of $736.5M in FY2013. Data available for 12 fiscal years.

Firsthand Alternative Energy Fund's net profit margin was 161.9% for FY2023, based on the latest annual results.

Investors sometimes search for "Firsthand Alternative Energy Fund net worth" — the company's market capitalization is a separate figure from ALTEX net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

ALTEX net income · 5 questions

Firsthand Alternative Energy Fund is profitable. The company reported net income of $112.6M for FY2023, a net profit margin of 161.9%. Net income was down 65.2% year-over-year. Based on available data, Firsthand Alternative Energy Fund has been profitable since at least 2012.

is ALTEX profitabledoes ALTEX make a profitALTEX profitabilityALTEX profitable company

▸ Source: FMP /income-statement · GAAP · Firsthand Alternative Energy Fund · Firsthand Alternative Energy Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 14, 2026