Authentic Holdings, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Authentic Holdings, Inc. 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

	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	0	0.02		0	0	0	0.01	0	0	0.4
Cost of revenue						0.03	0.06	0	0	0.13
Gross profit						-0.02	-0.06	0	0	0.27
Research and development								0.07	0.06	0
General and administrative	0.5	0.84	0.3	0.24	0.42	0.22	0.09	0.16	0.17	0.38
Operating expenses	16.5	1.27	0.8	0.33	0.67	0.34	0.28	0.42	0.66	1
Operating income	-16.5	-1.26	-0.8	-0.33	-0.66	-0.37	-0.34	-0.42	-0.66	-0.73
Interest expense	0.04	0.19	0.04	0.1	0.62	0.09	0.2	0.12
Other non-operating income							1.06	-0.74	-1	-0.59
Pre-tax income	-16.5	-1.45
Income tax				0	0
Income from continuing operations	-16.5	-1.45	-0.85	-0.45	-1.66
Net income	-19.1	-0.82	-0.85	-0.45	-1.66	-1.14	-1.4	-1.16	-1.66	-1.32
EBITDA	-16.5	-1.26	-0.79	-0.33	-0.62	-0.25	-0.29	-0.37	-0.61	-0.2
EPS, basic	-1.42	-0.04	-0.04	-0.02	-0.06	-0.00	-0.00
EPS, diluted	-1.42	-0.04	-0.04	-0.02	-0.06	-0.00	-0.00		0.00	0.00
Shares, basic (weighted)	13.5	18.8	20.2	20.8	29.8	562	1,300
Shares, diluted (weighted)	13.5	18.8	20.2	20.8	29.8	562	1,300		1,848	2,197

Balance sheet

	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Cash and equivalents	0.03	0.04	0	0.03	0	0.01	0	0	0	0.01
Receivables									0	0.2
Inventory				0	0.06	0.06	0
Other current assets				0.01					0.63	0
Total current assets	0.04	0.06	0.04	0.05	0.16	0.07	0	0.63	0.63	0.21
Property, plant and equipment	0	0	0	0			0.11	0.07	0.02	0
Lease right-of-use assets				0	0.05	0
Intangible assets						0.13	0.06	0.02	4.77	4.28
Total assets	0.05	0.06	0.04	0.05	0.49	0.36	0.17	0.71	5.42	4.49
Accounts payable	0.05	0.34	0.28	0.26	0.21	0.3	0.27	0.23	0.32	0.52
Accrued liabilities	0.11	0.41	0.48	0.5
Total current liabilities	1.31	1.37	1.42	1.72	3.36	3.14	3.85	5.23	5.62	5.53
Lease liabilities					0
Total liabilities	1.31	1.37	1.42	1.72	3.36	3.14	3.85	5.23	5.62	5.53
Paid-in capital	27.6	28.4	29.2	29.3	29.8	29.8	30.1	30.3	35.8	36
Retained earnings	-28.9	-29.7	-30.6	-31	-32.7	-33.8	-35.2	-36.4	-38	-39.4
Shareholders' equity	-1.26	-1.31	-1.38	-1.67	-2.87	-2.78	-3.68	-4.52	-0.21	-1.04
Minority interests					-0
Total equity	-1.26	-1.31	-1.38	-1.67	-2.87	-2.78	-3.68	-4.52	-0.21	-1.04
Total liabilities and equity	0.05	0.06	0.04	0.05	0.49	0.36	0.17	0.71	5.42	4.49
Shares outstanding	17.5	19.2	1.76	20	26.4	1,253	1,450	1,557	2,024	2,262

Cash flow statement

	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Net income	-19.1	-0.82	-0.85	-0.45	-1.66	-1.14	1.4	-1.16	-1.66	-1.32
Depreciation and amortization	0	0	0	0	0.04	0.11	0.05	0.05	0.05	0.52
Stock-based compensation	1.61	0.05	0.59	0.01	0.08	0	0.01	0	0	0
Change in receivables									0	-0.2
Change in inventory							0.06
Change in payables	0.06	0.59	0.01	-0.01	-0.05	0.08	-0.02	-0.04	0.17	0.29
Cash from operations	-0.47	-0.23	-0.12	-0	-0.59	-0.01	-0.17	-1	-0.23	-0.13
Capital expenditures	-0			0	-0.02		0	-0	0
Cash from investing	-0		-0.02	0	-0.08	-0.08	0	-0	0	-0.02
Debt issued				0.1	0.82
Debt repaid				0	-0.17
Stock issued	0.46			0	0.04				0	0.02
Cash from financing	0.52	0.24	0.11	0.03	0.64	0.09	0.17	1	0.23	0.15
Net change in cash	0.03	0	-0.04	0.03	-0.02	0	-0.01	0	0	0.01
Free cash flow	-0.47			-0	-0.61		-0.17	-1	-0.23
Interest paid				0	0	0	0	0	0	0
Income taxes paid				0	0	0		0	0	0

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2025; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	75.0%	Gross profit / revenue.
Operating margin	-140.5%	Operating income / revenue.
EBITDA margin	-86.0%	EBITDA (operating income + depreciation and amortization) / revenue.
Net margin	-324.1%	Net income / revenue.
Return on equity (ROE)	-41.7%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-17.3%	Net income / average total assets.
Return on invested capital (ROIC)	-14.3%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	4.3%	Research and development expense / revenue.
Stock-based pay / revenue	45.0%	Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue	54.5%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue CAGR, 3y	308.3%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	154.2%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-17.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	195.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	55.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	18.9%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	19.1%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	136.3%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.02x	Current assets / current liabilities.
Quick ratio	0.00x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.00x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	58.6%	Total liabilities / total assets.
Working capital	-$6.3M	Current assets - current liabilities.
Goodwill and intangibles / assets	98.9%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$6.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.05x	Revenue / average total assets.
Days payables	1,683 days	365 x average accounts payable / cost of revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.00	Net 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.
Revenue per share	$0.00	Revenue / diluted weighted shares.
Book value per share	$0.00	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$0.00	Tangible book value / shares outstanding.
Cash per share	$0.00	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$951.7K	Share price x shares outstanding.
Enterprise value	$951.7K	Market cap + total debt - cash - short-term investments.
P/S	1.63x	Market cap / revenue.
P/B	0.21x	Market cap / shareholders' equity. Only when equity is positive.
EV/Sales	1.63x	Enterprise value / revenue.
Earnings yield	-198.5%	Net income / market cap (the inverse of P/E).

What was Authentic Holdings, Inc.'s revenue in fiscal 2024?

Authentic Holdings, Inc. reported revenue of $398.6K for fiscal 2024.

Was Authentic Holdings, Inc. profitable in fiscal 2024?

No. It reported a net loss of $1.3M.

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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