Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Armlogi Holding 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
FY2024
FY2024
FY2025
Revenue
135
167
190
Cost of revenue
109
149
193
Gross profit
25.7
18.1
-3
General and administrative
7.8
9.97
14.7
Operating expenses
7.8
9.97
14.7
Operating income
17.9
8.12
-17.7
Interest income
0.11
0.14
Other non-operating income
1.35
2.27
0.76
Pre-tax income
19.3
10.4
-16.9
Income tax
5.36
2.95
-1.56
Net income
13.9
7.44
-15.3
EBITDA
19.2
10.1
-14.7
EPS, basic
0.35
0.19
-0.37
EPS, diluted
0.35
0.19
-0.37
Shares, basic (weighted)
40
40.2
41.8
Shares, diluted (weighted)
40
40.2
41.8
Balance sheet
FY2024
FY2024
FY2025
Cash and equivalents
6.56
7.89
9.19
Other current assets
1.64
1.62
1
Total current assets
30.1
38
37.7
Property, plant and equipment
7.63
11
11.3
Lease right-of-use assets
49.7
112
115
Intangible assets
0.13
0.09
0.05
Other non-current assets
0.71
0.74
Total assets
88.6
167
170
Accounts payable
7.49
6
9.01
Deferred revenue
0.42
0.28
0.94
Total current liabilities
24.5
33
45.8
Lease liabilities
37.7
93.1
98.9
Other non-current liabilities
0.08
Total liabilities
63.2
128
145
Paid-in capital
8.99
15.5
16.7
Retained earnings
16.3
23.8
8.42
Shareholders' equity
25.3
39.2
25.1
Total equity
25.3
39.2
25.1
Total liabilities and equity
88.6
167
170
Shares outstanding
40
41.6
42.3
Cash flow statement
FY2024
FY2024
FY2025
Net income
13.9
7.44
-15.3
Depreciation and amortization
1.28
2
2.93
Deferred income tax
0.38
0.8
-1.54
Change in payables
2.49
-0.67
2.1
Cash from operations
11.8
2.99
1.46
Capital expenditures
-1.81
-5.21
-2.89
Cash from investing
-4.32
-7.44
-1.81
Cash from financing
-3.18
7.84
3.97
Net change in cash
4.31
3.39
3.63
Free cash flow
9.99
-2.22
-1.43
Interest paid
0.05
0.1
Income taxes paid
-2.7
-4.74
0.12
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.26 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-2.7%
Gross profit / revenue.
Operating margin
-10.3%
Operating income / revenue.
EBITDA margin
-8.7%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-10.7%
Pre-tax income / revenue.
Net margin
-10.7%
Net income / revenue.
FCF margin
0.3%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
0.8%
Cash from operations / revenue.
Return on equity (ROE)
-154.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-14.4%
Net income / average total assets.
Return on invested capital (ROIC)
-146.6%
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%.
Capex / revenue
0.6%
Capital expenditures / revenue.
D&A / revenue
1.6%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
14.0%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-116.6%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-317.8%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-245.8%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-306.3%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-294.7%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-51.2%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-36.1%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
1.9%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
4.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.54x
Current assets / current liabilities.
Quick ratio
0.06x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.06x
(Cash + short-term investments) / current liabilities.
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.46
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
$4.26
Revenue / diluted weighted shares.
FCF per share
$0.01
Free cash flow / diluted weighted shares.
Operating cash flow per share
$0.03
Cash from operations / diluted weighted shares.
Book value per share
$0.30
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.06x
Market cap / revenue.
P/B
0.87x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.87x
Market cap / tangible book value, when positive.
P/FCF
23.3x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
7.39x
Market cap / cash from operations, when positive.
EV/Sales
0.05x
Enterprise value / revenue.
EV/FCF
18.0x
Enterprise value / free cash flow, when both are positive.
FCF yield
4.3%
Free cash flow / market cap.
Earnings yield
-176.4%
Net income / market cap (the inverse of P/E).
What was Armlogi Holding Corp.'s revenue in fiscal 2025?
Armlogi Holding Corp. reported revenue of $190.4M for fiscal 2025, 14% higher than the year before.
Was Armlogi Holding Corp. profitable in fiscal 2025?
No. It reported a net loss of $15.3M.
How much free cash flow did Armlogi Holding Corp. generate in fiscal 2025?
Cash from operations of $1.5M minus capital expenditures of $2.9M left free cash flow of -$1.4M.
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.