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Financial statements

INTELLIGENT BIO SOLUTIONS INC. financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data INTELLIGENT BIO SOLUTIONS 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

FY2021FY2021FY2022FY2023FY2024FY2025FY2026
Revenue0.191.980.441.263.113.054.22
Cost of revenue0.931.691.812.17
Gross profit0.331.431.252.05
Selling, general and administrative8.9210.5
General and administrative2.23.364.928.039.268.9210.5
Operating expenses3.057.558.7713.712.112.715.3
Operating income-2.86-5.57-8.34-12.6-10.3-10.7-12.6
Interest expense0.170.030.01
Interest income0.080.10.11
Other non-operating income-0.34-1.4901.930.090.070.14
Pre-tax income-3.19-7.06
Net income to minority interests-0.03-0.02-0.03-0.03-0.03-0.04-0.04
Net income-3.16-7.04-8.31-10.6-10.2-10.6-12.4
EBITDA-8.34-11.8-9.31-9.71-11.4
EPS, basic-44.50-81.79-1,363.00-1,273.00-63.93-20.04-8.44
EPS, diluted-44.50-81.79-1,363.00-1,273.00-63.93-20.04-8.44
Shares, basic (weighted)0.070.090.010.010.160.531.47
Shares, diluted (weighted)0.070.090.010.010.160.531.47

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025FY2026
Cash and equivalents0.4312.68.241.546.31.023.99
Receivables0.290.430.590.85
Inventory0.980.780.640.42
Other current assets0.052.510.750.550.50.831.03
Total current assets2.3418.210.93.868.534.147.1
Property, plant and equipment0.390.690.570.250.29
Lease right-of-use assets0.550.310.071.75
Intangible assets5.264.373.792.8
Other non-current assets0.5
Total assets2.4821.912.410.413.88.2511.9
Accounts payable0.791.471.632.611.70.90.71
Accrued liabilities0.10.910.780.611.190.65
Total current liabilities7.693.684.665.885.455.354.93
Long-term debt0.4
Lease liabilities0.360.081.67
Total liabilities7.696.855.816.675.65.446.65
Paid-in capital10.938.438.646.26165.881
Retained earnings-15.8-22.9-31.2-41.8-52-62.5-75
Treasury stock-0-0-0-0
Other comprehensive income-0.36-0.66-0.79-0.58-0.71-0.33-0.55
Shareholders' equity-5.1915.16.623.88.3335.51
Minority interests-0.03-0.05-0.08-0.11-0.15-0.18-0.22
Total equity-5.21156.553.698.182.815.29
Total liabilities and equity2.4821.912.410.413.88.2511.9
Shares outstanding0.070.110.010.020.340.732.91

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025FY2026
Net income-3.19-7.06-8.33-10.7-10.2-10.6-12.5
Depreciation and amortization00.810.970.971.16
Stock-based compensation0.260.230.240.2
Change in receivables1.83-0.29-0.14-0.16-0.25
Change in inventory-0.350.20.140.22
Cash from operations-0.5-11.3-3.36-7.38-9.57-9.68-11.9
Capital expenditures-0.22-0.23-0.13
Acquisitions-0.36
Cash from investing-0.01-0.88-0.69-0.22-0.23-0.09
Stock issued0.51
Cash from financing0.7323.41.4414.64.615
Net change in cash0.2312.1-4.34-6.74.77-5.282.97
Free cash flow-9.79-9.91-12.1
Interest paid0.330.19

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $1.70 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin48.6%Gross profit / revenue.
Operating margin-299.1%Operating income / revenue.
EBITDA margin-271.5%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-294.9%Net income / revenue.
FCF margin-285.9%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-283.0%Cash from operations / revenue.
Return on equity (ROE)-292.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-123.1%Net income / average total assets.
Return on invested capital (ROIC)-570.0%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%.
SG&A / revenue249.2%Selling, general and administrative expense / revenue.
Stock-based pay / revenue4.6%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue3.0%Capital expenditures / revenue.
D&A / revenue27.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y38.1%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y49.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y16.3%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y64.4%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y84.5%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y83.9%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y13.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-18.2%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y44.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y4.9%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-11.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y179.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y460.7%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, 5y76.3%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.44xCurrent assets / current liabilities.
Quick ratio0.98x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.81x(Cash + short-term investments) / current liabilities.
Liabilities / assets55.7%Total liabilities / total assets.
Interest coverage-1,174xOperating income / interest expense.
Working capital$2.2MCurrent assets - current liabilities.
Goodwill and intangibles / assets23.4%(Goodwill + intangible assets) / total assets.
Tangible book value$2.7MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.42xRevenue / average total assets.
Fixed asset turnover15.4xRevenue / average property, plant and equipment.
Inventory turnover4.11xCost of revenue / average inventory.
Days inventory89 days365 x average inventory / cost of revenue.
Receivables turnover5.84xRevenue / average receivables.
Days sales outstanding62 days365 x average receivables / revenue.
Days payables136 days365 x average accounts payable / cost of revenue.
Cash conversion cycle16 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$8.44Net 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-$8.44Net income per basic share, as reported (split-adjusted).
Revenue per share$2.86Revenue / diluted weighted shares.
FCF per share-$8.18Free cash flow / diluted weighted shares.
Operating cash flow per share-$8.10Cash from operations / diluted weighted shares.
Book value per share$1.90Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.93Tangible book value / shares outstanding.
Cash per share$1.37(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$4.1MShare price x shares outstanding.
Enterprise value$73.8KMarket cap + total debt - cash - short-term investments.
P/S0.96xMarket cap / revenue.
P/B0.74xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.50xMarket cap / tangible book value, when positive.
EV/Sales0.02xEnterprise value / revenue.
FCF yield-296.4%Free cash flow / market cap.
Earnings yield-305.7%Net income / market cap (the inverse of P/E).
What was INTELLIGENT BIO SOLUTIONS INC.'s revenue in fiscal 2026?

INTELLIGENT BIO SOLUTIONS INC. reported revenue of $4.2M for fiscal 2026, 38.1% higher than the year before.

Was INTELLIGENT BIO SOLUTIONS INC. profitable in fiscal 2026?

No. It reported a net loss of $12.4M.

How much free cash flow did INTELLIGENT BIO SOLUTIONS INC. generate in fiscal 2026?

Cash from operations of $11.9M minus capital expenditures of $125.7K left free cash flow of -$12.1M.

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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