Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Digi Power X 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
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
25
24.2
26.1
37
34.2
Cost of revenue
4.16
7.07
17.8
20.2
32.7
Gross profit
-4
11.1
-6.8
-9.67
-11.3
-3.22
General and administrative
7.28
16.3
Operating expenses
0.39
23.1
Operating income
-5.57
2.92
-28.2
-17.3
-10.9
Interest expense
0.33
0.3
0.04
-0
Other non-operating income
-0.66
-2.05
Pre-tax income
-5.83
-0.83
2.79
-21.9
-12.4
-28.4
Income tax
0.13
Income from continuing operations
-5.19
-3.13
4.33
-21.9
-6.8
Net income
-5.19
-3.13
4.33
-21.9
-12.4
-28.4
EBITDA
-2.18
6.2
-17.5
-2.4
4.64
EPS, basic
-0.27
0.29
-1.40
-0.40
-0.64
EPS, diluted
-0.27
0.29
-1.40
-0.40
-0.64
Shares, basic (weighted)
30.7
44.5
Shares, diluted (weighted)
30.7
44.5
Balance sheet
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.03
0.92
1.85
0.34
1.7
78.5
Receivables
0.14
1.81
1.23
0.87
0
1.14
Other current assets
0.38
1.58
Total current assets
4.69
36.2
6.13
2.2
6.66
94.9
Property, plant and equipment
6.5
38.1
41.8
33.4
23.6
23
Lease right-of-use assets
2.41
2.08
2.54
0.39
0.12
Goodwill
1.34
1.35
Intangible assets
1.57
1.44
1.31
1.18
1.06
0.93
Long-term investments
0.85
0.9
1.54
Other non-current assets
1.94
13.7
Total assets
16.5
80
52.6
42.1
34.3
134
Accounts payable
0.92
2.27
2.35
4.51
6.58
6.35
Total current liabilities
3.04
5.52
3.26
10.7
9.75
8.65
Lease liabilities
2.43
0.45
0.34
0.08
Total liabilities
6.08
41.8
5.42
12.9
12
10.9
Total debt
0.22
0.24
0.02
Paid-in capital
1.27
11.8
15.7
15.5
90
216
Retained earnings
-5.47
-8.88
-4.61
-26.5
-60.5
-88.9
Other comprehensive income
-7.49
-4.28
Shareholders' equity
29.2
22
123
Minority interests
0.28
Total equity
10.4
38.3
47.2
34.7
22.3
123
Total liabilities and equity
16.5
80
52.6
42.1
34.3
134
Shares outstanding
33
69.4
Cash flow statement
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-5.19
-3.13
4.33
-21.9
-12.4
-28.4
Depreciation and amortization
3.39
3.28
10.7
14.9
15.5
6.82
Stock-based compensation
2.55
8.03
Change in payables
-1.62
0.15
Cash from operations
-2.25
-8.86
-15.5
-13.6
-17.5
-25.5
Capital expenditures
-1.15
-33.9
-14.7
-3.01
-3.79
-17.3
Acquisitions
18.5
11
Cash from investing
-1.27
-34.7
-2.43
12
14.7
-12.2
Debt issued
1.47
10
0.69
Debt repaid
-3.98
-1.03
-0.59
-0.08
Stock issued
1.07
4.01
Share buybacks
-0
-0.6
-0.26
Cash from financing
2.25
44.5
18.9
0.06
4.18
115
Net change in cash
1.36
76.8
Free cash flow
-3.4
-42.8
-30.2
-16.6
-21.3
-42.8
Interest paid
0.02
0.12
0.24
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $4.59 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-9.4%
Gross profit / revenue.
Pre-tax margin
-82.9%
Pre-tax income / revenue.
Net margin
-82.9%
Net income / revenue.
FCF margin
-125.3%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-74.7%
Cash from operations / revenue.
Return on equity (ROE)
-39.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-33.7%
Net income / average total assets.
Stock-based pay / revenue
23.5%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
50.6%
Capital expenditures / revenue.
D&A / revenue
20.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-7.6%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
12.2%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
460.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
290.8%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
36.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
52.0%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
44.8%
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
11.0x
Current assets / current liabilities.
Quick ratio
9.21x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
9.07x
(Cash + short-term investments) / current liabilities.
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
-$0.64
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.77
Revenue / diluted weighted shares.
FCF per share
-$0.96
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.57
Cash from operations / diluted weighted shares.
Book value per share
$1.78
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
13.6x
Market cap / revenue.
P/B
3.78x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
3.80x
Market cap / tangible book value, when positive.
EV/Sales
11.3x
Enterprise value / revenue.
FCF yield
-9.2%
Free cash flow / market cap.
Earnings yield
-6.1%
Net income / market cap (the inverse of P/E).
What was Digi Power X Inc.'s revenue in fiscal 2025?
Digi Power X Inc. reported revenue of $34.2M for fiscal 2025, 7.6% lower than the year before.
Was Digi Power X Inc. profitable in fiscal 2025?
No. It reported a net loss of $28.4M.
How much free cash flow did Digi Power X Inc. generate in fiscal 2025?
Cash from operations of $25.5M minus capital expenditures of $17.3M left free cash flow of -$42.8M.
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.