Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data Frequency Holdings, 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
FY2015
FY2015
FY2021
FY2021
FY2022
FY2023
FY2023
FY2023
FY2024
Revenue
0.06
0
0
1.14
0
3.78
4.81
Cost of revenue
0.05
0.15
0
0.72
0.06
2.56
1.84
Gross profit
0.01
-0.14
0
0.42
-0.06
1.21
2.98
Selling and marketing
0.17
0
General and administrative
0
0.06
0.15
0.09
0.09
0.56
0.02
1.1
1.17
Operating expenses
-0
0.08
0.23
0.35
0.34
1.67
0.11
9.02
8.63
Operating income
-0.22
-0.49
-0.34
-1.25
-0.17
-7.81
-5.66
Interest expense
0.11
0.09
0.34
0.75
1.75
Interest income
0
Other non-operating income
0.03
-0.11
-0.14
-0.09
-0.26
-15.1
10.1
Income tax
0
0
0
Net income
-0
-0.08
-0.19
-0.6
-0.48
-1.34
-0.42
-22.9
4.4
EBITDA
-0.22
-0.49
-7.74
-5.5
EPS, basic
-0.01
0.00
-0.08
-0.04
-0.11
0.00
-0.07
0.01
EPS, diluted
-0.01
0.00
-0.08
-0.04
-0.11
0.00
-0.07
0.01
Shares, basic (weighted)
8.43
502
7.92
12.8
12.2
161
332
375
Shares, diluted (weighted)
8.43
502
7.92
12.8
12.2
161
332
375
Balance sheet
FY2015
FY2015
FY2021
FY2021
FY2022
FY2023
FY2023
FY2023
FY2024
Cash and equivalents
0.03
0
0.11
0.35
0
0.57
0
0.36
0.28
Receivables
0.01
0
0
0.06
0.29
0.24
0.16
Inventory
0.2
0.06
0.06
0
0.06
0
0
Other current assets
0
0.01
0.16
0.13
0.28
0.06
Total current assets
0.05
0.32
0.41
0.07
0.78
0.65
0.88
0.5
Property, plant and equipment
0.03
0.03
0.03
0.63
0.45
0.01
Lease right-of-use assets
0.11
0.7
0.52
0.03
Goodwill
5.36
7.87
3.34
Other non-current assets
0.14
Total assets
0.05
0
0.35
0.44
0.1
6.39
10
5.19
0.54
Accounts payable
0.01
0.2
0.2
0.21
0.22
2.06
Accrued liabilities
0
Short-term debt
0.45
0.9
Total current liabilities
0.02
2.05
1.83
1.97
1.91
6.28
24.6
13.5
Long-term debt
0
2.25
1.8
Lease liabilities
0.06
0.53
0.35
Total liabilities
0.02
0.05
2.21
1.98
1.97
6.42
10.5
27.5
15.9
Total debt
0
2.25
1.8
Paid-in capital
0.02
0.39
1.39
1.75
1.02
1.78
1.62
2.25
Retained earnings
-0.01
-0.08
-2.95
-3.55
-4.03
-1.73
-2.83
-24.7
-20.9
Shareholders' equity
0.02
-0.05
-2.13
-1.98
-2.27
-0.03
-0.55
-22.7
-15.7
Total equity
0.02
-0.05
-2.13
-1.98
-2.27
-0.03
-0.55
-22.7
-15.7
Total liabilities and equity
0.05
0
0.35
0.44
0.1
6.39
10
5.19
0.54
Shares outstanding
126
810
10.2
24.9
14.8
332
349
384
Cash flow statement
FY2015
FY2015
FY2021
FY2021
FY2022
FY2023
FY2023
FY2023
FY2024
Net income
-0
-0.08
-0.19
-0.6
-0.48
-1.34
0.42
-22.9
4.4
Depreciation and amortization
0
0
0.07
0.16
Stock-based compensation
1.69
Change in receivables
0
0.01
0
-0.16
-0
-0.12
-0.08
Change in inventory
0.04
0.15
-0.01
0
0.27
Change in payables
0.01
0.02
0.09
0
1.5
1.25
Cash from operations
-0
-0.05
-0.26
-0.42
-0.27
-1.19
-0.12
-0.76
-0.93
Capital expenditures
-0.02
Cash from investing
-0.02
-0.01
0
-0.08
0.67
-1.18
-0.12
Stock issued
0.08
0.54
0.19
0.21
Cash from financing
0.05
0.02
0.21
0.66
0
0.96
0.12
1.73
0.96
Net change in cash
0.03
-0.03
-0.06
0.24
-0.35
0.43
-0
-0.21
-0.09
Free cash flow
-0.78
Interest paid
0
0
0.06
0.06
Income taxes paid
0
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2025; growth uses fiscal years. Valuation uses the share price of $0.01 on August 18, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
71.1%
Gross profit / revenue.
Operating margin
-344.2%
Operating income / revenue.
EBITDA margin
-341.7%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
572.9%
Net income / revenue.
Operating cash flow margin
-41.3%
Cash from operations / revenue.
Return on assets (ROA)
10,902.0%
Net income / average total assets.
D&A / revenue
2.6%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
27.4%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
145.7%
Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-89.6%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
12.9%
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
0.02x
Current assets / current liabilities.
Quick ratio
0.01x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(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
$0.00
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.00
Cash from operations / diluted weighted shares.
Book value per share
-$0.01
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
1.28x
Market cap / net income. Only when net income is positive.
P/S
7.32x
Market cap / revenue.
EV/Sales
7.30x
Enterprise value / revenue.
Earnings yield
78.3%
Net income / market cap (the inverse of P/E).
What was Frequency Holdings, Inc's revenue in fiscal 2024?
Frequency Holdings, Inc reported revenue of $4.8M for fiscal 2024, 27.4% higher than the year before.
Was Frequency Holdings, Inc profitable in fiscal 2024?
Yes. Net income was $4.4M, a net margin of 91.4%.
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.