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Financial statements

Everbright Digital Holding Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Everbright Digital Holding 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

FY2022FY2024FY2024FY2025
Revenue0.822.832.761.86
Cost of revenue0.251.271.130.64
Gross profit0.571.561.631.22
Selling, general and administrative1.84
Selling and marketing1.84
General and administrative0.10.471.112.04
Other non-operating income0000.05
Pre-tax income0.471.080.52-2.61
Income tax0.050.160.14-0.36
Net income0.420.930.38-2.25
EPS, basic2.695.862.29-1.37
EPS, diluted2.695.862.29-1.37
Shares, basic (weighted)0.160.160.171.63
Shares, diluted (weighted)0.160.160.171.63

Balance sheet

FY2022FY2024FY2024FY2025
Cash and equivalents00.40.390
Receivables0.640.911.22
Other current assets0.380.960.62
Total current assets1.432.271.85
Property, plant and equipment0.010.090
Lease right-of-use assets0.04
Intangible assets0.340.261.1
Total assets1.822.614.77
Accounts payable0.05
Total current liabilities0.420.490.5
Total liabilities0.470.530.5
Paid-in capital0.050.414.83
Retained earnings1.341.72-0.52
Other comprehensive income0.01
Shareholders' equity0.421.342.084.27
Total equity0.421.342.084.27
Total liabilities and equity1.822.614.77
Shares outstanding2.531.561.67

Cash flow statement

FY2022FY2024FY2024FY2025
Net income0.420.930.38-2.25
Depreciation and amortization00.070.080.09
Deferred income tax0.030.03-0.01-0.36
Change in receivables-0.15-0.48-0.28-0.79
Change in payables0.05-0.05
Cash from operations0.180.64-0.28-2.29
Capital expenditures-0.01-0-0.09
Cash from investing-0.18-0.24-0.09-2.51
Stock issued0.36
Cash from financing0.364.42
Net change in cash-00.4-0.01-0.38
Free cash flow0.180.64-0.37
Income taxes paid0.2

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $5.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin65.4%Gross profit / revenue.
Pre-tax margin-140.1%Pre-tax income / revenue.
Net margin-120.6%Net income / revenue.
Operating cash flow margin-123.2%Cash from operations / revenue.
Return on equity (ROE)-70.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-60.9%Net income / average total assets.
SG&A / revenue98.9%Selling, general and administrative expense / revenue.
D&A / revenue4.7%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-32.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y31.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-25.2%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y28.9%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y-692.0%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-159.8%EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y104.9%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y116.7%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y82.3%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y887.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y117.2%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio3.69xCurrent assets / current liabilities.
Quick ratio2.45x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.01x(Cash + short-term investments) / current liabilities.
Liabilities / assets10.5%Total liabilities / total assets.
Working capital$1.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets23.0%(Goodwill + intangible assets) / total assets.
Tangible book value$3.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.50xRevenue / average total assets.
Fixed asset turnover40.1xRevenue / average property, plant and equipment.
Receivables turnover1.74xRevenue / average receivables.
Days sales outstanding209 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.37Net 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-$1.37Net income per basic share, as reported (split-adjusted).
Revenue per share$1.14Revenue / diluted weighted shares.
Operating cash flow per share-$1.40Cash from operations / diluted weighted shares.
Book value per share$2.56Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.90Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$29.8MShare price x shares outstanding.
Enterprise value$29.8MMarket cap + total debt - cash - short-term investments.
P/S16.0xMarket cap / revenue.
P/B6.99xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book9.40xMarket cap / tangible book value, when positive.
EV/Sales16.0xEnterprise value / revenue.
Earnings yield-7.5%Net income / market cap (the inverse of P/E).
What was Everbright Digital Holding Ltd.'s revenue in fiscal 2025?

Everbright Digital Holding Ltd. reported revenue of $1.9M for fiscal 2025, 32.6% lower than the year before.

Was Everbright Digital Holding Ltd. profitable in fiscal 2025?

No. It reported a net loss of $2.2M.

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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