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Financial statements

Elong Power Holding Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Elong Power 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
Revenue6.823.160.392.05
Cost of revenue5.673.561.251.97
Gross profit-2.85-3.91-3.460.08
Research and development0.90.870.11
Selling, general and administrative0.250.220.110.03
General and administrative2.743.22.041.45
Operating expenses5.364.03111.56
Operating income-8.21-7.94-11-1.48
Interest expense0.530.100.4
Interest income0.020.020.040
Other non-operating income-1.560.50.22-0.63
Pre-tax income-9.77-7.45-10.8-2.1
Income tax0
Income from continuing operations-10.8-2.1
Net income-9.77-7.45-30.1-5.57
EBITDA-6.21-6.56-9.33-1.42
EPS, basic-274.08-211.79-844.19-143.18
EPS, diluted-274.08-211.79-844.19-143.18
Shares, basic (weighted)0.044545.6
Shares, diluted (weighted)0.044545.6

Balance sheet

FY2022FY2024FY2024FY2025
Cash and equivalents0.9200.150.44
Short-term investments7.037.17
Receivables0.990.060.89
Inventory2.811.43
Other current assets1.110.222.07
Total current assets5.6910.511.9
Property, plant and equipment13.10.860.12
Lease right-of-use assets16.615.20.07
Intangible assets0.030
Other non-current assets0.1
Total assets37.526.627.7
Accounts payable1.181.070.88
Accrued liabilities3.81.961.81
Deferred revenue5.633.890.12.04
Total current liabilities1520.425.9
Long-term debt0.25
Lease liabilities20.421.90.04
Total liabilities36.543.150.5
Total debt0.25
Paid-in capital38.551.151.1
Retained earnings-38.8-68.9-74.5
Treasury stock-0
Other comprehensive income0.560.67-0.05
Shareholders' equity-4.920.98-16.5-22.7
Total equity-4.920.98-16.5-22.7
Total liabilities and equity37.526.627.7

Cash flow statement

FY2022FY2024FY2024FY2025
Net income-9.77-7.45-30.1-5.57
Depreciation and amortization21.391.710.06
Stock-based compensation9
Change in receivables0.110.53-0.29-1
Change in inventory2.71.260.911.17
Cash from operations-4.6-5.69-2.82-2.66
Capital expenditures-1.15-0.55-0-0.16
Purchases of investments-7
Cash from investing-1.07-0.55-7.78-0.16
Stock issued9.74
Cash from financing4.226.3710.63.1
Net change in cash-0.19-0.860.010.25
Free cash flow-5.76-6.24-2.82-2.83
Interest paid0.450.060.02
Income taxes paid0

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $3.19 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin4.0%Gross profit / revenue.
Operating margin-71.8%Operating income / revenue.
EBITDA margin-69.1%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-102.4%Pre-tax income / revenue.
Net margin-271.3%Net income / revenue.
FCF margin-137.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-129.8%Cash from operations / revenue.
Return on assets (ROA)-20.5%Net income / average total assets.
SG&A / revenue1.3%Selling, general and administrative expense / revenue.
Capex / revenue7.8%Capital expenditures / revenue.
D&A / revenue2.7%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y430.7%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-33.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y4.2%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.46xCurrent assets / current liabilities.
Quick ratio0.33x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.29x(Cash + short-term investments) / current liabilities.
Liabilities / assets182.0%Total liabilities / total assets.
Interest coverage-3.70xOperating income / interest expense.
Working capital-$14.0MCurrent assets - current liabilities.
Tangible book value-$22.7MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.08xRevenue / average total assets.
Fixed asset turnover4.22xRevenue / average property, plant and equipment.
Receivables turnover4.31xRevenue / average receivables.
Days sales outstanding85 days365 x average receivables / revenue.
Days payables180 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$143.18Net 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-$143.18Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$2.5MShare price x shares outstanding.
Enterprise value-$5.1MMarket cap + total debt - cash - short-term investments.
P/S1.22xMarket cap / revenue.
FCF yield-113.2%Free cash flow / market cap.
Earnings yield-223.1%Net income / market cap (the inverse of P/E).
What was Elong Power Holding Ltd.'s revenue in fiscal 2025?

Elong Power Holding Ltd. reported revenue of $2.1M for fiscal 2025, 430.7% higher than the year before.

Was Elong Power Holding Ltd. profitable in fiscal 2025?

No. It reported a net loss of $5.6M.

How much free cash flow did Elong Power Holding Ltd. generate in fiscal 2025?

Cash from operations of $2.7M minus capital expenditures of $160.9K left free cash flow of -$2.8M.

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.

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