Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data FDCTECH, 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
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0.56
0.54
0.42
0.22
0.46
6.45
12.8
26.9
35
Cost of revenue
0.01
0.01
0.12
0.25
0.42
5.43
6.51
14.9
15.8
Gross profit
0.55
0.53
0.3
-0.04
0.04
1.02
6.25
12
19.1
Research and development
0.09
0.02
0
0
0
0
0
0
Selling and marketing
0.15
0.08
0.02
0.02
0.65
0.38
1.51
1.47
1.34
General and administrative
0.63
0.53
0.47
0.34
1.13
1.62
2.94
11
11.6
Operating expenses
0.79
0.61
0.49
0.36
1.78
2.01
4.67
12.7
13.1
Operating income
-0.24
-0.08
-0.2
-0.4
-1.73
-0.99
1.58
-0.64
6.07
Interest expense
0.02
0.01
0.64
-0.02
Other non-operating income
-0.15
-0.06
-0.06
-0.06
-0
-0.08
-0.01
0.87
-0.24
Pre-tax income
-0.39
-0.14
-0.26
-0.46
-1.74
-1.07
1.57
0.24
5.83
Net income to minority interests
0
-0
-0.01
0.01
0.03
Net income
-0.39
-0.14
-0.26
-0.46
-1.74
-1.07
1.57
0.25
5.8
EBITDA
-0.23
-0.07
-0.08
-0.15
-0.99
1.79
-0.45
6.25
EPS, basic
-0.01
0.00
0.00
-0.01
-0.02
0.01
0.00
0.00
0.01
EPS, diluted
-0.01
0.00
0.00
-0.01
-0.02
-0.01
0.00
0.00
0.01
Shares, basic (weighted)
67.2
68.5
68.6
69.3
86.1
158
329
390
423
Shares, diluted (weighted)
67.2
68.5
68.6
68.9
86.1
158
329
390
423
Balance sheet
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.46
0.21
0.03
0.02
0.09
0.26
31.3
25.4
11.9
Receivables
0.09
0.04
0.02
0.02
0.02
0.07
1.03
0.03
0.19
Other current assets
0
0
0.01
0.03
0.49
0.44
0.4
12.7
15.3
Total current assets
0.56
0.25
0.05
0.07
0.61
0.82
40.9
27.2
58.3
Property, plant and equipment
0.05
0
0.16
0.19
0.2
Lease right-of-use assets
0.04
0.98
0.81
Intangible assets
2.56
1.29
1.31
1.32
1.33
Other non-current assets
0.02
Total assets
0.86
0.79
0.74
0.7
3.89
2.92
47.5
33.8
64.1
Accounts payable
0.01
0.02
0.12
0.45
0.05
0.18
0.23
0.17
Accrued liabilities
0.43
0.53
0.52
0.53
Total current liabilities
0.82
1.16
1.35
1.57
0.81
1.17
33.5
26.2
40.5
Lease liabilities
0
0.53
0.36
Total liabilities
1.09
1.16
1.35
1.74
0.96
1.31
34.5
27.3
41.4
Paid-in capital
0.4
0.4
0.42
0.45
4.84
5.73
15.4
16.9
26.9
Retained earnings
-0.64
-0.78
-1.04
-1.49
-3.23
-4.22
-2.64
-2.4
3.4
Other comprehensive income
0.02
0.23
-0.07
0.3
Shareholders' equity
-0.23
-0.37
-0.61
-1.04
1.71
1.55
13
6.45
22.7
Minority interests
1.3
0.06
0.04
0.02
0.03
Total equity
-0.23
-0.37
-0.61
-1.04
3.01
1.6
13
6.47
22.7
Total liabilities and equity
0.86
0.79
0.74
0.7
3.89
2.92
47.5
33.8
64.1
Shares outstanding
68.5
68.5
68.6
68.9
142
211
389
391
4.23
Cash flow statement
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-0.39
-0.14
-0.26
-0.46
-1.74
-1.07
1.57
0.24
5.83
Depreciation and amortization
0.01
0.01
0.12
0.25
0
0.21
0.19
0.18
Change in receivables
-0.1
0
0
-0.02
-0.03
-0.07
-0.98
0.98
-0.16
Change in payables
0.01
0.02
0.1
0.33
-0.01
0.13
0.05
-0.06
Cash from operations
-0.25
-0.01
-0.06
-0.01
-2.63
-0.52
21
-13.6
-40.9
Cash from investing
-0.18
-0.24
-0.27
-0.19
1.06
-0.25
1.16
0.74
11.7
Debt issued
0.25
Stock issued
0.17
0
0.26
0.41
6.05
0.02
0.04
Cash from financing
0.42
0
0.02
0.2
1.64
0.94
8.91
7.25
21.2
Net change in cash
-0
-0.25
-0.18
-0.01
0.07
0.17
31.1
-5.94
-7.71
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.95 on August 18, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
66.6%
Gross profit / revenue.
Operating margin
35.7%
Operating income / revenue.
EBITDA margin
36.0%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
36.4%
Pre-tax income / revenue.
Net margin
36.5%
Net income / revenue.
Operating cash flow margin
-105.3%
Cash from operations / revenue.
Return on equity (ROE)
52.2%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
37.2%
Net income / average total assets.
Return on invested capital (ROIC)
75.0%
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%.
D&A / revenue
0.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
29.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
75.6%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
176.7%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
59.0%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
165.8%
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
2,242.0%
Net income vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
251.0%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
144.6%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
89.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
180.1%
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
146.8%
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
8.4%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
38.9%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
43.8%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
3.19x
Current assets / current liabilities.
Quick ratio
1.22x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.20x
(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.
Revenue per share
$0.23
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.25
Cash from operations / diluted weighted shares.
Book value per share
$9.29
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
11.7x
Market cap / net income. Only when net income is positive.
P/S
4.26x
Market cap / revenue.
P/B
6.09x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
6.30x
Market cap / tangible book value, when positive.
EV/Sales
3.93x
Enterprise value / revenue.
EV/EBIT
11.0x
Enterprise value / operating income, when both are positive.
EV/EBITDA
10.9x
Enterprise value / EBITDA, when both are positive.
Earnings yield
8.6%
Net income / market cap (the inverse of P/E).
What was FDCTECH, INC.'s revenue in fiscal 2025?
FDCTECH, INC. reported revenue of $35.0M for fiscal 2025, 29.7% higher than the year before.
Was FDCTECH, INC. profitable in fiscal 2025?
Yes. Net income was $5.8M, a net margin of 16.6%.
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.