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K-TECH SOLUTIONS CO LTD financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data K-TECH SOLUTIONS CO 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

FY2023FY2025FY2025FY2026
Revenue16.617.118.616.2
Cost of revenue15.114.916.213.9
Gross profit1.572.172.452.22
Selling and marketing0.060.060.250.27
General and administrative1.261.261.691.68
Operating expenses1.331.321.941.94
Operating income0.240.850.510.27
Interest expense0.050.040.060.04
Interest income0.070.260.090.12
Other non-operating income0.020.220.030.07
Pre-tax income0.261.070.540.35
Income tax0.020.140.050.17
Net income0.250.930.490.17
EBITDA0.340.970.780.56
EPS, basic0.010.050.030.01
EPS, diluted0.010.050.030.01
Shares, basic (weighted)19.519.521.1
Shares, diluted (weighted)19.519.521.1

Balance sheet

FY2023FY2025FY2025FY2026
Cash and equivalents2.345.394.379.15
Receivables1.221.390.99
Other current assets0.030.450.03
Total current assets6.656.3110.2
Property, plant and equipment0.360.250.13
Lease right-of-use assets0.30.330.15
Total assets7.336.9310.6
Accounts payable0.991.721.53
Accrued liabilities0.170.18
Deferred revenue0.520.430.58
Total current liabilities4.433.132.77
Lease liabilities0.150.02
Total liabilities5.054.133.46
Total debt0.621.040.84
Paid-in capital4.17
Retained earnings2.772.94
Other comprehensive income2.282.79
Shareholders' equity1.352.282.797.1
Total equity1.352.282.797.1
Total liabilities and equity7.336.9310.6
Shares outstanding19.519.521.1

Cash flow statement

FY2023FY2025FY2025FY2026
Net income0.250.930.490.17
Depreciation and amortization0.090.120.270.29
Deferred income tax-0-0.01-0.01-0.02
Change in receivables-0.670.54-0.150.38
Change in payables0.12-0.730.72-0.17
Cash from operations-0.232.69-1.470.85
Capital expenditures-0.09-0-0
Cash from investing-0.090.07-0-0
Stock issued4.19
Cash from financing-0.520.350.414
Exchange rate effect-0.010.010.05-0.07
Net change in cash-0.843.04-1.064.85
Free cash flow-0.32-1.470.85
Interest paid0.030.040.060.04

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $0.95 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin13.7%Gross profit / revenue.
Operating margin1.7%Operating income / revenue.
EBITDA margin3.5%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin2.1%Pre-tax income / revenue.
Net margin1.1%Net income / revenue.
FCF margin5.2%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin5.2%Cash from operations / revenue.
Effective tax rate50.3%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)3.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)2.0%Net income / average total assets.
Capex / revenue0.0%Capital expenditures / revenue.
D&A / revenue1.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-13.2%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-1.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-9.4%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y12.2%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y-46.4%Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y4.1%Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y-28.5%EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y18.7%Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y-64.9%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y-11.5%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y-74.5%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y-18.8%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y154.2%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y74.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y52.4%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y8.2%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
Current ratio3.69xCurrent assets / current liabilities.
Quick ratio3.66x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.30x(Cash + short-term investments) / current liabilities.
Debt / equity0.12xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets8.0%Total debt / total assets.
Liabilities / assets32.7%Total liabilities / total assets.
Net debt-$8.3MTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA-14.8xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage6.19xOperating income / interest expense.
Working capital$7.4MCurrent assets - current liabilities.
Tangible book value$7.1MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.85xRevenue / average total assets.
Fixed asset turnover84.2xRevenue / average property, plant and equipment.
Receivables turnover13.6xRevenue / average receivables.
Days sales outstanding27 days365 x average receivables / revenue.
Days payables43 days365 x average accounts payable / cost of revenue.
FCF conversion494.3%Free cash flow / net income, when net income is positive.
Capex / operating cash flow0.0%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.01Net 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$0.01Net income per basic share, as reported (split-adjusted).
Revenue per share$0.77Revenue / diluted weighted shares.
FCF per share$0.04Free cash flow / diluted weighted shares.
Operating cash flow per share$0.04Cash from operations / diluted weighted shares.
Book value per share$0.34Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.34Tangible book value / shares outstanding.
Cash per share$0.43(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$20.0MShare price x shares outstanding.
Enterprise value$11.7MMarket cap + total debt - cash - short-term investments.
P/E117xMarket cap / net income. Only when net income is positive.
P/S1.24xMarket cap / revenue.
P/B2.82xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.82xMarket cap / tangible book value, when positive.
P/FCF23.6xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF23.6xMarket cap / cash from operations, when positive.
EV/Sales0.72xEnterprise value / revenue.
EV/EBIT42.8xEnterprise value / operating income, when both are positive.
EV/EBITDA20.9xEnterprise value / EBITDA, when both are positive.
EV/FCF13.8xEnterprise value / free cash flow, when both are positive.
FCF yield4.2%Free cash flow / market cap.
Earnings yield0.9%Net income / market cap (the inverse of P/E).
What was K-TECH SOLUTIONS CO LTD's revenue in fiscal 2026?

K-TECH SOLUTIONS CO LTD reported revenue of $16.2M for fiscal 2026, 13.2% lower than the year before.

Was K-TECH SOLUTIONS CO LTD profitable in fiscal 2026?

Yes. Net income was $171.4K, a net margin of 1.1%.

How much free cash flow did K-TECH SOLUTIONS CO LTD generate in fiscal 2026?

Cash from operations of $847.5K minus capital expenditures of $221.0 left free cash flow of $847.3K.

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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