Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Londax Corp. 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
FY2024
FY2025
FY2026
Revenue
0.03
0.07
0.03
Cost of revenue
0
0.01
0
Gross profit
0.03
0.05
0.03
General and administrative
0
0.03
0
Operating expenses
0.03
0.06
0.08
Operating income
-0
-0
-0.05
Other non-operating income
0
0.01
Income tax
0
0
0
Net income
-0
-0
-0.04
EBITDA
-0
-0
-0.05
EPS, basic
0.00
0.00
-0.02
EPS, diluted
0.00
0.00
-0.02
Shares, basic (weighted)
4.41
5.23
2.23
Shares, diluted (weighted)
4.41
5.23
2.23
Balance sheet
FY2024
FY2025
FY2026
Cash and equivalents
0
0.01
0
Receivables
0
Other current assets
0.02
0.02
0.01
Total current assets
0.05
0.03
0.01
Property, plant and equipment
0
0
0
Intangible assets
0
0.01
Total assets
0.06
0.09
0.04
Accounts payable
0
0.05
0
Total current liabilities
0.02
0.06
0.04
Total liabilities
0.02
0.06
0.04
Paid-in capital
0.04
0.04
0.04
Retained earnings
-0
-0
-0.04
Shareholders' equity
0.04
0.04
0
Total equity
0.04
0.04
0
Total liabilities and equity
0.06
0.09
0.04
Shares outstanding
5.23
5.23
2.23
Cash flow statement
FY2024
FY2025
FY2026
Net income
-0
-0
-0.04
Depreciation and amortization
0
0
0
Change in payables
0
0.05
-0.05
Cash from operations
-0.05
0.09
-0.04
Capital expenditures
0
Cash from investing
-0
-0.07
0
Stock issued
0.04
0
Cash from financing
0.05
-0.01
0.03
Net change in cash
-0
0.01
-0.01
Free cash flow
-0.05
Interest paid
0
0
0
Income taxes paid
0
0
0
Key metrics
Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $1.50 on July 14, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
100.0%
Gross profit / revenue.
Operating margin
-174.0%
Operating income / revenue.
EBITDA margin
-173.4%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-131.8%
Net income / revenue.
Operating cash flow margin
-155.6%
Cash from operations / revenue.
Return on equity (ROE)
-196.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-54.3%
Net income / average total assets.
Return on invested capital (ROIC)
-284.6%
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
0.7%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-57.4%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-47.9%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-146.7%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-99.2%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-52.5%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
-57.3%
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
0.15x
Current assets / current liabilities.
Quick ratio
0.00x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.00x
(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.
EPS, basic
-$0.02
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.01
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.02
Cash from operations / diluted weighted shares.
Book value per share
$0.00
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
283x
Market cap / revenue.
P/B
25,721x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
25,721x
Market cap / tangible book value, when positive.
EV/Sales
283x
Enterprise value / revenue.
Earnings yield
-0.5%
Net income / market cap (the inverse of P/E).
What was Londax Corp.'s revenue in fiscal 2026?
Londax Corp. reported revenue of $28.3K for fiscal 2026, 57.4% lower than the year before.
Was Londax Corp. profitable in fiscal 2026?
No. It reported a net loss of $37.3K.
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.