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Financial statements

Cleartronic, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Cleartronic, 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2023FY2023FY2024FY2025
Revenue0.540.350.781.161.751.652.022.133.134.1
Cost of revenue0.180.080.120.250.410.270.330.440.870.89
Gross profit0.370.260.660.921.341.381.681.72.263.21
Research and development0.010.110.220.210.150.170.020.030.190.01
Selling and marketing0.150.30.420.60.530.57
General and administrative0.270.370.350.350.410.421.031.32.073.03
Operating expenses0.831.111.11.231.111.161.331.642.563.4
Operating income-0.46-0.85
Interest expense0.080.01
Other non-operating income-0.11-0.01-0.010.24-0.010.140.0500.030.03
Pre-tax income-0.85-0.46-0.070.230.360.40.06-0.27-0.15
Income tax0000
Net income-0.57-0.86-0.53-0.180.170.360.40.06-0.27-0.15
EBITDA-0.32-0.52
EPS, basic0.000.000.000.000.000.000.000.000.00
EPS, diluted0.000.000.000.000.000.000.000.000.000.00
Shares, basic (weighted)198204204206221227228229229229
Shares, diluted (weighted)198204204206598598600599229229

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2023FY2023FY2024FY2025
Cash and equivalents00.0100.030.080.40.470.520.851.12
Receivables0.020.10.110.220.220.320.540.550.230.21
Inventory0.010.030.010.020.010.010.020.020.040.1
Other current assets0.020.0100.020.040.050.050.070.080.09
Total current assets0.050.160.120.280.370.781.081.161.21.53
Property, plant and equipment0.010.010.020.020.040.04
Lease right-of-use assets0.080.030.01
Intangible assets0.240.20.080.010.04
Other non-current assets0.010.010.010.01
Total assets0.30.370.220.30.390.841.151.31.31.61
Accounts payable0.430.450.50.260.250.160.080.090.120.17
Accrued liabilities0.040.030.170.120.0400.01
Deferred revenue0.050.30.350.680.690.981.011.111.371.79
Short-term debt0.01
Total current liabilities0.520.841.291.331.061.141.091.221.51.96
Long-term debt0.09
Lease liabilities0.01
Total liabilities0.651.031.411.481.181.291.21.291.51.96
Total debt0.01
Paid-in capital14.314.914.91515.315.215.215.215.215.2
Retained earnings-14.7-15.5-16-16.2-16.1-15.7-15.3-15.2-15.4-15.6
Shareholders' equity-0.35-0.66-1.19-1.18-0.79-0.45-0.050.01-0.2-0.36
Total equity-0.35-0.66-1.19-1.18-0.79-0.45-0.050.01-0.2-0.36
Total liabilities and equity0.30.370.220.30.390.841.151.31.31.61
Shares outstanding204204204212224229229229229229

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2023FY2023FY2024FY2025
Net income-0.57-0.86-0.53-0.180.170.360.40.06-0.31-0.15
Depreciation and amortization0.140.330.110.070.01000.010.010.01
Change in receivables0.06-0.07-0.03-0.140.01-0.11-0.23-0.110.36-0.09
Change in inventory0-0.020.02-0.010.01-0-0.01-0-0.02-0.06
Change in payables0.020.030.050.02-0.01-0.06-0.040.010.080.05
Cash from operations-0.05-0.26-0.02-0.07-00.380.070.10.410.28
Capital expenditures-0.01-0.01-0.01-0.01-0.03
Cash from investing-0.03-0.01-0.01-0.05-0.08-0.01
Debt issued0.040.04
Debt repaid-0.04-0.03
Dividends paid-0.01
Cash from financing0.050.260.010.10.08-0.05
Net change in cash-00.01-0.010.030.050.330.070.050.330.27
Free cash flow-0.010.370.070.090.38
Interest paid00.01000.01000
Income taxes paid00

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 $0.01 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin79.9%Gross profit / revenue.
Pre-tax margin6.5%Pre-tax income / revenue.
Net margin6.5%Net income / revenue.
Operating cash flow margin5.2%Cash from operations / revenue.
Return on assets (ROA)22.0%Net income / average total assets.
R&D / revenue0.1%Research and development expense / revenue.
D&A / revenue0.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y31.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y26.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y18.6%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y42.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y24.0%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y19.0%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y-31.5%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y56.1%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y23.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y11.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y32.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y0.0%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-27.4%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-17.4%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 ratio0.94xCurrent assets / current liabilities.
Quick ratio0.81x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.71x(Cash + short-term investments) / current liabilities.
Liabilities / assets101.6%Total liabilities / total assets.
Working capital-$91.2KCurrent assets - current liabilities.
Tangible book value-$22.8KShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover3.38xRevenue / average total assets.
Fixed asset turnover126xRevenue / average property, plant and equipment.
Inventory turnover14.5xCost of revenue / average inventory.
Days inventory25 days365 x average inventory / cost of revenue.
Receivables turnover32.4xRevenue / average receivables.
Days sales outstanding11 days365 x average receivables / revenue.
Days payables49 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-12 daysDays inventory + days sales outstanding - days payables.

Per share

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

Valuation

MetricValueHow it is calculated
Market cap$2.0MShare price x shares outstanding.
Enterprise value$1.0MMarket cap + total debt - cash - short-term investments.
P/E6.63xMarket cap / net income. Only when net income is positive.
P/S0.43xMarket cap / revenue.
P/OCF8.36xMarket cap / cash from operations, when positive.
EV/Sales0.22xEnterprise value / revenue.
Earnings yield15.1%Net income / market cap (the inverse of P/E).
What was Cleartronic, Inc.'s revenue in fiscal 2025?

Cleartronic, Inc. reported revenue of $4.1M for fiscal 2025, 31.3% higher than the year before.

Was Cleartronic, Inc. profitable in fiscal 2025?

No. It reported a net loss of $154.2K.

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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