Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Captivision 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
FY2021
FY2023
FY2023
Revenue
9.42
20.2
14.6
Cost of revenue
10.5
13.9
12.4
Gross profit
-1.12
6.28
2.28
Research and development
0.93
0.3
0.75
Selling, general and administrative
26.4
8.83
15.6
Operating income
-27.5
-2.55
-13.3
Interest expense
2
1.12
3.23
Interest income
4.12
4.23
0.13
Pre-tax income
-64
-9.4
-74.1
Income tax
-3.6
-1.51
2.86
Net income to minority interests
-0.27
-2
-2.26
Net income
-60.1
-5.89
-74.7
EPS, basic
-10.14
-0.41
-4.05
EPS, diluted
-10.14
-0.41
-4.05
Balance sheet
FY2021
FY2023
FY2023
Cash and equivalents
0.24
0.2
0.48
Inventory
5.71
4.75
Total current assets
9.17
10.6
Property, plant and equipment
16
11.1
10.5
Lease right-of-use assets
0.36
0.13
0.18
Intangible assets
4.25
6.04
0.09
Total assets
36.6
21.5
Short-term debt
11.9
13.5
Total current liabilities
27.7
51.3
Lease liabilities
0.02
0.01
Total liabilities
33.9
67.9
Total debt
18.6
22
Retained earnings
-62.3
-137
Minority interests
-0.06
-2.38
Total equity
-12.3
2.72
-46.4
Total liabilities and equity
36.6
21.5
Cash flow statement
FY2021
FY2023
FY2023
Net income
-60.4
-7.89
-77
Cash from operations
-4.99
-5.5
-10.5
Capital expenditures
-0.18
0
-0.19
Cash from investing
5.2
-1.1
0.3
Debt repaid
-0.4
0
-0.33
Stock issued
2.62
0.91
0.8
Cash from financing
-0.13
6.6
10.5
Exchange rate effect
-0.02
-0.04
-0.05
Net change in cash
0.06
-0.04
0.28
Free cash flow
-5.17
-5.5
-10.7
Interest paid
1.04
0.76
1.55
Income taxes paid
-2.16
-0.63
0.01
Key metrics
Worked out from the statements above. Latest values use fiscal 2023. Valuation uses the share price of $0.00 on November 9, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
15.5%
Gross profit / revenue.
Operating margin
-90.7%
Operating income / revenue.
Pre-tax margin
-506.4%
Pre-tax income / revenue.
Net margin
-510.5%
Net income / revenue.
FCF margin
-72.9%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-71.6%
Cash from operations / revenue.
Return on assets (ROA)
-257.1%
Net income / average total assets.
R&D / revenue
5.1%
Research and development expense / revenue.
SG&A / revenue
106.3%
Selling, general and administrative expense / revenue.
Capex / revenue
1.3%
Capital expenditures / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-27.5%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-63.8%
Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-41.2%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.21x
Current assets / current liabilities.
Quick ratio
0.01x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Debt / assets
102.0%
Total debt / total assets.
Liabilities / assets
315.5%
Total liabilities / total assets.
Net debt
$21.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage
-4.12x
Operating income / interest expense.
Working capital
-$40.7M
Current assets - current liabilities.
Goodwill and intangibles / assets
0.4%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.50x
Revenue / average total assets.
Fixed asset turnover
1.36x
Revenue / average property, plant and equipment.
Inventory turnover
2.36x
Cost of revenue / average inventory.
Days inventory
154 days
365 x average inventory / cost of revenue.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$4.05
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.
EPS, basic
-$4.05
Net income per basic share, as reported (split-adjusted).
What was Captivision Inc.'s revenue in fiscal 2023?
Captivision Inc. reported revenue of $14.6M for fiscal 2023, 27.5% lower than the year before.
Was Captivision Inc. profitable in fiscal 2023?
No. It reported a net loss of $74.7M.
How much free cash flow did Captivision Inc. generate in fiscal 2023?
Cash from operations of $10.5M minus capital expenditures of $191.2K left free cash flow of -$10.7M.
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.