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Financial statements

Kestrel Group Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Kestrel Group 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

FY2025FY2025
Revenue3.8534
General and administrative5.1129.1
Operating expenses2.5514.1
Interest income0.218.46
Pre-tax income-1.2649.6
Income tax0.030.07
Income from continuing operations-1.2949.5
Net income-1.2946.7
EPS, basic-0.478.08
EPS, diluted-0.478.08
Shares, basic (weighted)2.755.73
Shares, diluted (weighted)2.755.73

Balance sheet

FY2025FY2025
Cash and equivalents4.2920
Short-term investments00
Property, plant and equipment00.67
Lease right-of-use assets0.222.03
Total assets5.511,010
Total liabilities0.9882
Total debt0174
Paid-in capital10.1178
Retained earnings-5.531.2
Treasury stock0-51.5
Other comprehensive income00.92
Shareholders' equity4.61128
Total equity4.61128
Total liabilities and equity5.511,010
Shares outstanding2.757.74

Cash flow statement

FY2025FY2025
Net income-1.2946.7
Depreciation and amortization00.09
Stock-based compensation0.060.89
Deferred income tax00.22
Cash from operations-1.27-96.1
Purchases of investments0-95.6
Sales and maturities of investments062.8
Cash from investing0147
Dividends paid0-40
Cash from financing0-40
Exchange rate effect00.39
Net change in cash-1.2711.2
Interest paid011.3
Income taxes paid00.05

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 $5.04 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Pre-tax margin-80.2%Pre-tax income / revenue.
Net margin-86.1%Net income / revenue.
Operating cash flow margin-261.3%Cash from operations / revenue.
Return on equity (ROE)-33.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-4.2%Net income / average total assets.
D&A / revenue-6.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y785.1%Revenue vs the same period a year earlier. Only from a positive base.
Book value growth, 1y2,685.0%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y18,229.0%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y108.4%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
Debt / equity1.54xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets19.0%Total debt / total assets.
Liabilities / assets87.6%Total liabilities / total assets.
Net debt$159.0MTotal debt - cash - short-term investments. Negative means more cash than debt.
Tangible book value$114.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.05xRevenue / average total assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$4.90Net 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$5.69Revenue / diluted weighted shares.
Operating cash flow per share-$14.87Cash from operations / diluted weighted shares.
Book value per share$14.57Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$14.57Tangible book value / shares outstanding.
Cash per share$2.05(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$39.4MShare price x shares outstanding.
Enterprise value$198.4MMarket cap + total debt - cash - short-term investments.
P/S0.89xMarket cap / revenue.
P/B0.35xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.35xMarket cap / tangible book value, when positive.
EV/Sales4.46xEnterprise value / revenue.
Earnings yield-97.2%Net income / market cap (the inverse of P/E).
What was Kestrel Group Ltd's revenue in fiscal 2025?

Kestrel Group Ltd reported revenue of $34.0M for fiscal 2025, 785.1% higher than the year before.

Was Kestrel Group Ltd profitable in fiscal 2025?

Yes. Net income was $46.7M, a net margin of 137.2%.

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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