Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data CTW Cayman 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
FY2023
FY2025
FY2025
Revenue
62.9
68.4
90.4
Cost of revenue
17
16.2
22
Gross profit
45.9
52.2
68.3
Research and development
2.91
0.95
5.53
Selling, general and administrative
4.47
5.18
8.48
Selling and marketing
32.9
39.4
55.4
Operating income
5.59
6.66
-1.07
Interest income
0.04
0.3
0.49
Other non-operating income
-0.35
1.54
5.47
Pre-tax income
5.24
8.2
4.41
Income tax
1.84
2.22
0.58
Net income
3.4
5.98
3.83
EBITDA
6.37
8.72
1.61
EPS, basic
0.06
0.10
0.06
EPS, diluted
0.06
0.10
0.06
Shares, basic (weighted)
60
60
60
Shares, diluted (weighted)
60
60
60
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
14.6
14.5
12.2
Receivables
1.38
1.41
Other current assets
2.18
2.87
Total current assets
18.2
18.1
Property, plant and equipment
0.94
1.1
Lease right-of-use assets
4.38
6.78
Long-term investments
0.53
0.8
0.58
Other non-current assets
1.83
1.86
Total assets
43.9
46.5
Accounts payable
3.32
2.38
Accrued liabilities
3.7
0.48
Deferred revenue
0.15
Total current liabilities
12
8.42
Lease liabilities
2.43
4.22
Total liabilities
20.1
18.9
Paid-in capital
0.85
0.87
Retained earnings
28
31.9
Other comprehensive income
-5.73
-5.77
Shareholders' equity
18.9
23.8
27.6
Total equity
18.9
23.8
27.6
Total liabilities and equity
43.9
46.5
Cash flow statement
FY2023
FY2025
FY2025
Net income
3.4
5.98
3.83
Depreciation and amortization
0.78
2.07
2.67
Deferred income tax
1.81
1.73
0.51
Change in receivables
0.03
0.01
-0.03
Change in payables
1.13
-0.81
-0.94
Cash from operations
2.56
1.59
0.11
Capital expenditures
-0.13
-0.71
-0.58
Purchases of investments
-0.58
-0.57
-0.26
Cash from investing
-0.49
-1.17
-1.18
Cash from financing
-1.11
Exchange rate effect
-1
-0.81
-0.04
Net change in cash
1.08
-0.4
-2.23
Free cash flow
2.42
0.88
-0.47
Income taxes paid
0
0.01
0
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.10 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
75.6%
Gross profit / revenue.
Operating margin
-1.2%
Operating income / revenue.
EBITDA margin
1.8%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
4.9%
Pre-tax income / revenue.
Net margin
4.2%
Net income / revenue.
FCF margin
-0.5%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
0.1%
Cash from operations / revenue.
Effective tax rate
13.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
14.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
8.5%
Net income / average total assets.
Return on invested capital (ROIC)
-7.5%
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%.
R&D / revenue
6.1%
Research and development expense / revenue.
SG&A / revenue
9.4%
Selling, general and administrative expense / revenue.
Capex / revenue
0.6%
Capital expenditures / revenue.
D&A / revenue
3.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
32.1%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
30.9%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-116.0%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-81.6%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-36.0%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-40.0%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-93.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-154.0%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
16.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
5.8%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
0.0%
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
2.15x
Current assets / current liabilities.
Quick ratio
1.62x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.45x
(Cash + short-term investments) / current liabilities.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
525.0%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.06
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
$0.06
Net income per basic share, as reported (split-adjusted).
Revenue per share
$1.51
Revenue / diluted weighted shares.
FCF per share
-$0.01
Free cash flow / diluted weighted shares.
Operating cash flow per share
$0.00
Cash from operations / diluted weighted shares.
Book value per share
$0.46
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
34.2x
Market cap / net income. Only when net income is positive.
P/S
1.45x
Market cap / revenue.
P/B
4.74x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
4.74x
Market cap / tangible book value, when positive.
P/OCF
1,177x
Market cap / cash from operations, when positive.
EV/Sales
1.31x
Enterprise value / revenue.
EV/EBITDA
73.9x
Enterprise value / EBITDA, when both are positive.
FCF yield
-0.4%
Free cash flow / market cap.
Earnings yield
2.9%
Net income / market cap (the inverse of P/E).
What was CTW Cayman's revenue in fiscal 2025?
CTW Cayman reported revenue of $90.4M for fiscal 2025, 32.1% higher than the year before.
Was CTW Cayman profitable in fiscal 2025?
Yes. Net income was $3.8M, a net margin of 4.2%.
How much free cash flow did CTW Cayman generate in fiscal 2025?
Cash from operations of $111.4K minus capital expenditures of $584.7K left free cash flow of -$473.3K.
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.