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Financial statements

AppTech Payments Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data AppTech Payments Corp. 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

FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue0.250.260.3300.450.50.281.4
Cost of revenue0.110.10.1400.220.190.050.62
Gross profit0.150.150.1900.230.320.220.77
Research and development0.280.080.0507.563.51.982.35
Selling, general and administrative0.0189.877.796
General and administrative1.911.023.758.4
Operating expenses2.191.13.80.0816.519.59.778.35
Operating income-2.05-0.95-3.610.08-16.2-19.2-9.55-7.58
Interest expense0.460.290.3400.420.050.030.12
Other non-operating income-0.46-0.39-0.58-1.93-0.050.670.61-0.34
Pre-tax income-2.51-1.34-4.190.08-16.3-18.5-8.93-7.92
Income tax000000
Net income-2.51-1.34-4.19-79.2-16.3-18.5-8.93-7.92
EBITDA-2.05-0.95
EPS, basic-0.03-0.02-0.05-1.00-1.01-0.35-0.23
EPS, diluted-0.03-0.02-0.05-1.00-1.01-0.35-0.23
Shares, basic (weighted)87.384.586.516.219.125.334.9
Shares, diluted (weighted)87.384.586.516.219.125.334.9

Balance sheet

FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents00.020.0603.461.280.870.24
Receivables0.020.030.0400.050.030.040.35
Other current assets00.0100.1801.350.25
Total current assets0.030.080.104.431.522.420.92
Property, plant and equipment00
Lease right-of-use assets00.2500.130.070.090.02
Goodwill01.161.162.96
Intangible assets04.433.414.15
Total assets0.030.080.380.0112.58.358.999.39
Accounts payable1.561.711.6400.351.81.852.57
Accrued liabilities2.192.332.6301.871.961.521.32
Deferred revenue00.01
Total current liabilities7.087.378.210.014.934.083.446.44
Long-term debt0.070.070.070.060.06
Lease liabilities00.2200.10.010.020
Total liabilities7.087.538.570.015.14.163.527.5
Total debt0.07
Paid-in capital32.333.236.70.12148164174178
Retained earnings-39.4-40.8-44.9-0.12-140-160-169-177
Shareholders' equity-7.05-7.45-0.010.047.424.195.471.89
Total equity-7.05-7.45-8.190.047.424.195.471.89
Total liabilities and equity0.030.080.380.0112.58.358.999.39
Shares outstanding86.884.29.3211.916.722.333.340.5

Cash flow statement

FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-2.51-1.34-4.19-0.080.02-18.5-8.93-7.92
Depreciation and amortization00
Stock-based compensation1.550.092.710.017.713.481.390.98
Change in receivables-0-0.01-0.010-0.010.02-0.01-0.31
Change in payables0.130.31-00-0.910.541.150.73
Cash from operations-0.19-0.76-0.59-0-8.2-8.86-7.46-4.89
Purchases of investments0-0.5
Cash from investing-0.01-0.030.01-0-1.79-0.5-1.16-1.88
Stock issued0.10.070.0613.58.936.292.2
Cash from financing0.170.810.62013.47.188.26.15
Net change in cash-0.020.020.03-03.45-2.18-0.41-0.62
Interest paid00.0101.230.070.07
Income taxes paid00.010000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.24 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Gross margin54.8%Gross profit / revenue.
Operating margin-169.4%Operating income / revenue.
Pre-tax margin-193.4%Pre-tax income / revenue.
Net margin-193.4%Net income / revenue.
Operating cash flow margin-87.4%Cash from operations / revenue.
Return on assets (ROA)-86.5%Net income / average total assets.
R&D / revenue34.1%Research and development expense / revenue.
SG&A / revenue190.2%Selling, general and administrative expense / revenue.
Stock-based pay / revenue45.9%Stock-based compensation (from the cash flow statement) / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y405.4%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y45.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y33.5%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y244.2%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y49.7%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y32.5%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-65.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-36.6%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y4.5%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-9.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y90.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y37.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y29.0%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-16.6%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.14xCurrent assets / current liabilities.
Quick ratio0.10x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets104.8%Total liabilities / total assets.
Working capital-$5.8MCurrent assets - current liabilities.
Goodwill and intangibles / assets73.0%(Goodwill + intangible assets) / total assets.
Tangible book value-$7.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.45xRevenue / average total assets.
Receivables turnover8.30xRevenue / average receivables.
Days sales outstanding44 days365 x average receivables / revenue.
Days payables445 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.18Net 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$0.10Revenue / diluted weighted shares.
Operating cash flow per share-$0.08Cash from operations / diluted weighted shares.
Book value per share-$0.01Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.17Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$10.1MShare price x shares outstanding.
Enterprise value$9.9MMarket cap + total debt - cash - short-term investments.
P/S2.52xMarket cap / revenue.
EV/Sales2.47xEnterprise value / revenue.
Earnings yield-76.8%Net income / market cap (the inverse of P/E).
What was AppTech Payments Corp.'s revenue in fiscal 2025?

AppTech Payments Corp. reported revenue of $1.4M for fiscal 2025, 405.4% higher than the year before.

Was AppTech Payments Corp. profitable in fiscal 2025?

No. It reported a net loss of $7.9M.

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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