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Financial statements

Eastern International Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Eastern International 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

FY2024FY2026FY2026
Revenue40.44045.6
Cost of revenue35.43441.4
Gross profit5.0264.24
General and administrative2.872.964.39
Operating expenses3.583.735.3
Operating income1.432.27-1.06
Interest expense0.10.140.29
Interest income000.01
Other non-operating income0.10.10.05
Pre-tax income1.542.37-1.01
Income tax0.450.590.14
Net income1.081.78-1.15
EBITDA1.492.31-1.03
EPS, basic0.110.17-0.10
EPS, diluted0.100.16-0.10
Shares, basic (weighted)1010.411.4
Shares, diluted (weighted)1111.411.4

Balance sheet

FY2024FY2026FY2026
Cash and equivalents2.170.853.05
Receivables1.99
Other current assets2.254.92
Total current assets19.727.1
Property, plant and equipment0.461.26
Lease right-of-use assets1.81.46
Other non-current assets1.922.39
Total assets24.832.3
Accounts payable4.884.58
Deferred revenue0.123.23
Short-term debt3.775.04
Total current liabilities12.115.8
Long-term debt0.52
Lease liabilities1.20.71
Other non-current liabilities0.2
Total liabilities13.317.1
Total debt5.56
Paid-in capital8.0412.5
Retained earnings3.221.99
Other comprehensive income-0.68-0.23
Shareholders' equity9.7511.515.2
Total equity9.7511.515.2
Total liabilities and equity24.832.3
Shares outstanding10.410.412.8

Cash flow statement

FY2024FY2026FY2026
Net income1.081.78-1.15
Depreciation and amortization0.060.040.03
Stock-based compensation0.82
Deferred income tax-0.01-0-0.03
Change in receivables-3.03-1.36-0.82
Cash from operations-0.63-2.16-2.58
Capital expenditures-0.01-0.4-0.88
Cash from investing0.04-0.34-0.88
Dividends paid-0.16
Cash from financing1.851.185.84
Exchange rate effect-0.06-00.07
Net change in cash1.21-1.322.45
Free cash flow-0.64-2.56-3.46
Interest paid0.10.140.29
Income taxes paid0.180.320.33

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $0.48 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin9.3%Gross profit / revenue.
Operating margin-2.3%Operating income / revenue.
EBITDA margin-2.3%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-2.2%Pre-tax income / revenue.
Net margin-2.5%Net income / revenue.
FCF margin-7.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-5.6%Cash from operations / revenue.
Return on equity (ROE)-8.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-4.0%Net income / average total assets.
Return on invested capital (ROIC)-5.9%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%.
Stock-based pay / revenue1.8%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue1.9%Capital expenditures / revenue.
D&A / revenue0.1%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y14.0%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-29.3%Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y-146.8%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y-144.7%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-164.7%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-162.5%EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y32.5%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y30.3%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y-0.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.71xCurrent assets / current liabilities.
Quick ratio0.32x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.19x(Cash + short-term investments) / current liabilities.
Debt / equity0.37xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets17.2%Total debt / total assets.
Liabilities / assets52.9%Total liabilities / total assets.
Net debt$2.5MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-3.69xOperating income / interest expense.
Working capital$11.2MCurrent assets - current liabilities.
Tangible book value$15.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.60xRevenue / average total assets.
Fixed asset turnover53.2xRevenue / average property, plant and equipment.
Receivables turnover22.9xRevenue / average receivables.
Days sales outstanding16 days365 x average receivables / revenue.
Days payables42 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.10Net 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-$0.10Net income per basic share, as reported (split-adjusted).
Revenue per share$4.00Revenue / diluted weighted shares.
FCF per share-$0.30Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.23Cash from operations / diluted weighted shares.
Book value per share$1.18Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.18Tangible book value / shares outstanding.
Cash per share$0.24(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$6.2MShare price x shares outstanding.
Enterprise value$8.7MMarket cap + total debt - cash - short-term investments.
P/S0.13xMarket cap / revenue.
P/B0.41xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.41xMarket cap / tangible book value, when positive.
EV/Sales0.19xEnterprise value / revenue.
FCF yield-56.1%Free cash flow / market cap.
Earnings yield-18.7%Net income / market cap (the inverse of P/E).
What was Eastern International Ltd.'s revenue in fiscal 2026?

Eastern International Ltd. reported revenue of $45.6M for fiscal 2026, 14% higher than the year before.

Was Eastern International Ltd. profitable in fiscal 2026?

No. It reported a net loss of $1.2M.

How much free cash flow did Eastern International Ltd. generate in fiscal 2026?

Cash from operations of $2.6M minus capital expenditures of $878.9K left free cash flow of -$3.5M.

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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