Invesaro

Stocks AWHL Financial statements

Financial statements

Aspira Women's Health Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Aspira Women's Health 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue2.643.123.054.544.656.818.18879.189.22
Cost of revenue2.72.913.143.343.423.753.863.893.73.3
Gross profit-0.060.21-0.091.21.243.064.325.265.485.92
Research and development2.170.840.551.022.15.315.924.043.272.88
Selling and marketing6.84.275.649.658.8417.114.97.818.152.99
General and administrative5.935.545.055.818.2713.314.612.310.37.96
Operating expenses14.910.611.216.519.235.735.524.121.813.8
Operating income-15-10.4-11.3-15.3-18-32.6-31.1-18.9-16.3-7.91
Other non-operating income0.01-0.01-0.02-0.020.070.981.252.163.18-4.87
Pre-tax income15.217.931.729.916.7-13.1-12.8
Income tax00000
Net income-15-10.5-11.4-15.2-17.9-31.7-29.9-16.7-13.1-12.8
EBITDA-14.2-9.66-10.7-14.9-17.7-32.3-30.9-18.7-16.2-7.8
EPS, basic-4.42-3.05-2.44-2.75-2.75-4.27-3.85-1.81-0.93-0.37
EPS, diluted-4.42-3.05-2.44-2.75-2.75-4.27-3.85-1.81-0.93-0.37
Shares, basic (weighted)3.423.734.65.686.67.417.779.2314.134.1
Shares, diluted (weighted)3.423.734.65.686.67.417.779.2314.134.1

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents5.245.549.3611.716.637.213.32.61.771.76
Receivables0.280.210.790.920.871.031.251.460.991.21
Inventory0.090.10.090.030.030.170.320.230.330.26
Other current assets0.50.460.550.761.081.621.440.180.310.23
Total current assets6.116.3110.813.418.64016.35.284.184.06
Property, plant and equipment1.911.180.610.350.580.460.370.170.070.05
Lease right-of-use assets0.050.410.350.280.531.190.98
Intangible assets0.31
Other non-current assets0.010.010.010.010.010.160.030.050.06
Total assets8.027.511.413.819.641.117.46.265.495.46
Accounts payable0.880.750.950.861.11.50.881.262.171.24
Accrued liabilities1.461.651.832.593.625.33.42.862.451.3
Short-term debt0.180.190.190.190.650.20.40.170.230.24
Total current liabilities2.562.612.963.9867.845.535.125.473.47
Long-term debt1.671.481.291.13.482.722.321.431.281.04
Lease liabilities0.010.410.350.270.431.251.01
Other non-current liabilities0.030.01
Total liabilities4.264.094.265.099.8910.910.48.638.0512.4
Total debt1.671.481.291.294.122.922.721.61.511.28
Paid-in capital389399414431450502509516529537
Retained earnings-386-396-407-422-440-472-502-518-531-544
Other comprehensive income-518-531
Shareholders' equity3.763.417.158.749.7230.26.98-2.37-2.56-6.93
Total equity3.763.417.158.749.7230.26.98-2.37-2.56-6.93
Total liabilities and equity8.027.511.413.819.641.117.46.265.495.46
Shares outstanding3.433.944.956.386.867.488.3110.617.443.5

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-15-10.5-11.4-15.2-17.9-31.7-29.9-16.7-13.1-12.8
Depreciation and amortization0.720.790.680.330.270.30.260.20.090.11
Stock-based compensation1.181.441.11.191.553.542.411.721.490.53
Deferred income tax000000
Change in receivables-0.190.07-0.08-0.140.06-0.16-0.22-0.210.47-0.22
Change in inventory-0.01-0.010.010.07-0.01-0.14-0.140.09-0.10.07
Change in payables-0.850.050.380.971.592.25-0.620.380.91-0.94
Cash from operations-14-8.13-9.37-13-14.7-27.4-31.1-15.9-12.1-7.03
Capital expenditures-1.26-0.06-0.11-0.13-0.49-0.18-0.23-0.02-0.04-0.02
Cash from investing-1.26-0.06-0.11-0.13-0.49-0.18-0.23-0.02-0.04-0.4
Debt issued1.97
Debt repaid-0.12
Stock issued0.018.9913.51.6448.290.2
Cash from financing1.828.4913.315.420.248.47.435.2211.17.42
Net change in cash-13.40.33.822.344.9320.8-23.9-10.7-1.09-0.01
Free cash flow-15.2-8.19-9.48-13.1-15.2-27.6-31.3-15.9-12.2-7.05
Interest paid0.040.050.040.040.040.080.080.050.050.03
Income taxes paid0.01

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 $0.26 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin58.8%Gross profit / revenue.
Operating margin-80.8%Operating income / revenue.
EBITDA margin-78.8%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-117.1%Net income / revenue.
Operating cash flow margin-53.4%Cash from operations / revenue.
Return on assets (ROA)-225.6%Net income / average total assets.
R&D / revenue36.5%Research and development expense / revenue.
Stock-based pay / revenue5.5%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue2.0%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y0.4%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y4.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y14.7%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y8.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y11.0%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y36.8%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-0.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-32.0%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-22.6%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y141.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y63.7%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, 5y38.9%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 ratio0.52xCurrent assets / current liabilities.
Quick ratio0.37x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.09x(Cash + short-term investments) / current liabilities.
Debt / assets26.2%Total debt / total assets.
Liabilities / assets263.6%Total liabilities / total assets.
Net debt$683.0KTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital-$2.5MCurrent assets - current liabilities.
Goodwill and intangibles / assets5.5%(Goodwill + intangible assets) / total assets.
Tangible book value-$7.5MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.93xRevenue / average total assets.
Fixed asset turnover47.7xRevenue / average property, plant and equipment.
Inventory turnover15.3xCost of revenue / average inventory.
Days inventory24 days365 x average inventory / cost of revenue.
Receivables turnover5.75xRevenue / average receivables.
Days sales outstanding63 days365 x average receivables / revenue.
Days payables285 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-198 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.23Net 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$0.19Revenue / diluted weighted shares.
Operating cash flow per share-$0.10Cash from operations / diluted weighted shares.
Book value per share-$0.16Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.16Tangible book value / shares outstanding.
Cash per share$0.01(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$11.9MShare price x shares outstanding.
Enterprise value$12.6MMarket cap + total debt - cash - short-term investments.
P/S1.40xMarket cap / revenue.
EV/Sales1.48xEnterprise value / revenue.
Earnings yield-83.8%Net income / market cap (the inverse of P/E).
What was Aspira Women's Health Inc.'s revenue in fiscal 2025?

Aspira Women's Health Inc. reported revenue of $9.2M for fiscal 2025, 0.4% higher than the year before.

Was Aspira Women's Health Inc. profitable in fiscal 2025?

No. It reported a net loss of $12.8M.

How much free cash flow did Aspira Women's Health Inc. generate in fiscal 2025?

Cash from operations of $7.0M minus capital expenditures of $16.0K left free cash flow of -$7.0M.

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.

Open interactive statements, quarterly figures and charts

Back to Aspira Women's Health Inc.