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Financial statements

Acco Group Holdings Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Acco Group Holdings Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2025FY2025
Revenue3.74.374.89
Cost of revenue1.772.032.46
Gross profit1.732.122.14
Selling and marketing0.40.340.3
General and administrative0.710.520.65
Operating expenses1.251.061.06
Operating income0.481.061.08
Other non-operating income0.210.060.07
Pre-tax income0.691.121.15
Income tax0.050.130.13
Net income0.640.991.02
EBITDA1.071.09
EPS, basic0.050.080.08
EPS, diluted0.050.080.08
Shares, basic (weighted)12.512.512.5
Shares, diluted (weighted)12.512.512.5

Balance sheet

FY2023FY2025FY2025
Cash and equivalents1.81.122.45
Receivables0.250.29
Other current assets0.010
Total current assets2.572.87
Property, plant and equipment0.010.03
Lease right-of-use assets0.080.26
Total assets2.683.91
Accounts payable0.020.04
Accrued liabilities0.020.03
Deferred revenue0.490.56
Total current liabilities1.51.58
Lease liabilities0.020.15
Total liabilities1.531.72
Retained earnings1.132.15
Other comprehensive income0.020.04
Shareholders' equity2.111.152.19
Total equity2.111.152.19
Total liabilities and equity2.683.91
Shares outstanding12.512.5

Cash flow statement

FY2023FY2025FY2025
Net income0.640.992
Depreciation and amortization0.010.01
Deferred income tax-0-0-0
Change in receivables0.05-0.15-0.04
Change in payables0.240.360.09
Cash from operations0.741.121.54
Capital expenditures-0.01-0-0.02
Cash from investing-0.01-0-0.02
Dividends paid-0.05
Cash from financing-1.13-0.88-1.12
Exchange rate effect0.02-00.02
Net change in cash-0.40.240.39
Free cash flow0.731.121.51
Interest paid0.040.050.04
Income taxes paid0.080.040.17

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.50 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin43.8%Gross profit / revenue.
Operating margin22.1%Operating income / revenue.
EBITDA margin22.3%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin23.6%Pre-tax income / revenue.
Net margin20.9%Net income / revenue.
FCF margin31.0%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin31.5%Cash from operations / revenue.
Effective tax rate11.3%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)61.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)31.0%Net income / average total assets.
Capex / revenue0.5%Capital expenditures / revenue.
D&A / revenue0.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y11.9%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y1.1%Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y2.2%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y2.3%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y2.9%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y3.8%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y36.8%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y34.9%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y90.4%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y46.1%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y0.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.82xCurrent assets / current liabilities.
Quick ratio1.74x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.56x(Cash + short-term investments) / current liabilities.
Liabilities / assets44.1%Total liabilities / total assets.
Working capital$1.3MCurrent assets - current liabilities.
Tangible book value$2.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.48xRevenue / average total assets.
Fixed asset turnover231xRevenue / average property, plant and equipment.
Receivables turnover18.1xRevenue / average receivables.
Days sales outstanding20 days365 x average receivables / revenue.
Days payables4 days365 x average accounts payable / cost of revenue.
FCF conversion148.3%Free cash flow / net income, when net income is positive.
Capex / operating cash flow1.5%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.08Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$0.08Net income per basic share, as reported (split-adjusted).
Revenue per share$0.39Revenue / diluted weighted shares.
FCF per share$0.12Free cash flow / diluted weighted shares.
Operating cash flow per share$0.12Cash from operations / diluted weighted shares.
Book value per share$0.17Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.17Tangible book value / shares outstanding.
Cash per share$0.20(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$34.8MShare price x shares outstanding.
Enterprise value$32.3MMarket cap + total debt - cash - short-term investments.
P/E34.0xMarket cap / net income. Only when net income is positive.
P/S7.11xMarket cap / revenue.
P/B15.9xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book15.9xMarket cap / tangible book value, when positive.
P/FCF22.9xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF22.6xMarket cap / cash from operations, when positive.
EV/Sales6.61xEnterprise value / revenue.
EV/EBIT29.9xEnterprise value / operating income, when both are positive.
EV/EBITDA29.6xEnterprise value / EBITDA, when both are positive.
EV/FCF21.3xEnterprise value / free cash flow, when both are positive.
FCF yield4.4%Free cash flow / market cap.
Earnings yield2.9%Net income / market cap (the inverse of P/E).
What was Acco Group Holdings Ltd's revenue in fiscal 2025?

Acco Group Holdings Ltd reported revenue of $4.9M for fiscal 2025, 11.9% higher than the year before.

Was Acco Group Holdings Ltd profitable in fiscal 2025?

Yes. Net income was $1.0M, a net margin of 20.9%.

How much free cash flow did Acco Group Holdings Ltd generate in fiscal 2025?

Cash from operations of $1.5M minus capital expenditures of $23.2K left free cash flow of $1.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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