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Financial statements

Pop Culture Group Co., Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Pop Culture Group Co., Ltd 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

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Revenue1915.725.532.318.547.4108
Cost of revenue13.211.218.32622.244.5103
Gross profit5.874.537.226.25-3.662.884.32
Research and development8.69
Selling, general and administrative0.491.261.264.45
Selling and marketing0.130.110.130.384.650.260.06
General and administrative1.263.143.512.731.96
Operating expenses0.631.371.394.8320.816.510.7
Operating income5.253.165.831.42-24.4-13.6-6.37
Interest expense0.120.130.240.240.220.240.27
Other non-operating income-00.050.10.14-0.161.14-0.2
Pre-tax income5.123.085.681.56-24.6-12.5-6.57
Income tax1.290.461.420.870.670.120.32
Net income to minority interests0.250.19-0.1-0.93-0.22-0.01
Net income3.832.634.270.79-24.3-12.4-6.89
EBITDA5.413.46.081.73-22.3-13.2-6.29
EPS, basic2.701.602.500.40-10.10-4.32-0.49
EPS, diluted2.701.602.500.40-10.10-4.32-0.49
Shares, basic (weighted)1.341.491.722.12.412.8714.1
Shares, diluted (weighted)1.341.491.722.12.412.8714.1

Balance sheet

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.661.361.3214.42.750.232.61
Short-term investments0.890.891.08
Receivables14.825.526.319.624.335.9
Other current assets1.183.580.820.112.060.03
Total current assets20.532.450.832.340.967.5
Property, plant and equipment0.070.050.070.840.471.2
Lease right-of-use assets0.280.190.460.080.0442.3
Goodwill2.04
Intangible assets1.71.642.20.12
Long-term investments0.54
Other non-current assets0.25105.120.270.79
Total assets22.934.464.43942.2115
Accounts payable2.81.90.972.711.8
Deferred revenue1.761.650.050.393.171.87
Short-term debt1.845.14358,3111.160.420.73
Total current liabilities8.9913.310.112.825.446
Long-term debt1.671.251.522.33
Lease liabilities0.190.10.250.0445
Total liabilities9.1815.111.612.926.993.3
Total debt6.811,254,0871.161.933.06
Paid-in capital5.816.6440.240.242.555.4
Retained earnings6.6910.511-13.3-27-33.9
Other comprehensive income-0.370.940.07-1.64-1.71-1.59
Shareholders' equity12.919.352.826.715.321.6
Minority interests0.810.01-0.560.020.03
Total equity7.5213.719.352.826.215.321.6
Total liabilities and equity22.934.464.43942.2115

Cash flow statement

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Net income3.832.634.270.69-25.3-12.6-6.89
Depreciation and amortization0.160.230.240.312.140.40.08
Deferred income tax-0.01-0.08-0.05-0.330.44
Change in receivables-6.12-5.67-9.26-32.03-15.1-21.9
Change in payables2.170.05-1.13-0.91.8811.420.3
Cash from operations0.82-2.6-4.04-11.4-5.96-5.160.19
Capital expenditures-0.01-0-0.08-0.62-0.02-0.01
Purchases of investments-0.89-0.54
Cash from investing-2.080-8.79-6.17-0.67-9.17
Debt repaid-0.09-0.35-1.31
Stock issued3.8233.60.344.2910
Cash from financing1.53.273.9533.10.683.3711.7
Exchange rate effect-0.020.040.050.18-0.2-0.060
Net change in cash0.230.7-0.0413.1-11.6-2.522.7
Free cash flow0.81-2.61-11.5-6.59-5.170.18
Interest paid0.120.130.240.060.230.240.27
Income taxes paid0.050.020.030.40.390.20.17

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $5.08 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin4.0%Gross profit / revenue.
Operating margin-5.9%Operating income / revenue.
EBITDA margin-5.8%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-6.1%Pre-tax income / revenue.
Net margin-6.4%Net income / revenue.
FCF margin0.2%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin0.2%Cash from operations / revenue.
Return on equity (ROE)-37.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-8.8%Net income / average total assets.
Return on invested capital (ROIC)-25.8%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 / revenue0.0%Capital expenditures / revenue.
D&A / revenue0.1%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y127.2%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y49.4%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y47.0%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y50.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-11.6%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-0.9%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y41.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-25.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y10.8%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y172.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y21.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y38.1%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y391.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y89.0%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, 5y56.9%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 ratio1.47xCurrent assets / current liabilities.
Quick ratio0.86x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.08x(Cash + short-term investments) / current liabilities.
Debt / equity0.14xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets2.7%Total debt / total assets.
Liabilities / assets81.2%Total liabilities / total assets.
Net debt-$624.1KTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-24.0xOperating income / interest expense.
Working capital$21.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets1.8%(Goodwill + intangible assets) / total assets.
Tangible book value$19.5MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.37xRevenue / average total assets.
Fixed asset turnover130xRevenue / average property, plant and equipment.
Receivables turnover3.57xRevenue / average receivables.
Days sales outstanding102 days365 x average receivables / revenue.
Capex / operating cash flow6.5%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.49Net 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.
EPS, basic-$0.49Net income per basic share, as reported (split-adjusted).
Revenue per share$7.61Revenue / diluted weighted shares.
FCF per share$0.01Free cash flow / diluted weighted shares.
Operating cash flow per share$0.01Cash from operations / diluted weighted shares.
Book value per share$1.53Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.38Tangible book value / shares outstanding.
Cash per share$0.26(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$63.2MShare price x shares outstanding.
Enterprise value$62.6MMarket cap + total debt - cash - short-term investments.
P/S0.59xMarket cap / revenue.
P/B2.93xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.23xMarket cap / tangible book value, when positive.
P/FCF351xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF328xMarket cap / cash from operations, when positive.
EV/Sales0.58xEnterprise value / revenue.
EV/FCF347xEnterprise value / free cash flow, when both are positive.
FCF yield0.3%Free cash flow / market cap.
Earnings yield-10.9%Net income / market cap (the inverse of P/E).
What was Pop Culture Group Co., Ltd's revenue in fiscal 2025?

Pop Culture Group Co., Ltd reported revenue of $107.6M for fiscal 2025, 127.2% higher than the year before.

Was Pop Culture Group Co., Ltd profitable in fiscal 2025?

No. It reported a net loss of $6.9M.

How much free cash flow did Pop Culture Group Co., Ltd generate in fiscal 2025?

Cash from operations of $192.8K minus capital expenditures of $12.6K left free cash flow of $180.3K.

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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