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Financial statements

Mint Inc Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Mint Inc 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
Revenue2.444.083.05
Cost of revenue1.412.822.54
Gross profit1.261.560.730.25
Research and development0.13
Selling and marketing000.060.34
General and administrative0.340.672.32.29
Operating expenses0.340.672.3510.6
Operating income0.930.89-1.63-10.3
Interest expense0.030.03
Interest income000.010.02
Other non-operating income0.020.02-0.010.01
Pre-tax income0.950.91-1.64-10.3
Income tax0.130.13-0.170
Net income to minority interests-0
Net income0.820.78-1.46-10.3
EBITDA0.930.9-1.62-10.2
EPS, basic0.370.37-0.68-4.15
EPS, diluted0.370.37-0.68-4.15
Shares, basic (weighted)2.272.12.142.48
Shares, diluted (weighted)2.272.12.142.48

Balance sheet

FY2023FY2025FY2025FY2026
Cash and equivalents0.290.324.520.96
Receivables0.850.650.36
Other current assets0.020.480.33
Total current assets2.066.932.33
Property, plant and equipment0.010.010.23
Lease right-of-use assets0.040.180.12
Long-term investments2.5
Total assets2.117.585.37
Accounts payable0.360.350.48
Deferred revenue0.030.0200.04
Short-term debt1.070.95
Total current liabilities0.910.721.23
Lease liabilities0.090.01
Total liabilities0.911.782.09
Total debt1.221.07
Paid-in capital06.0613.9
Retained earnings1.19-0.27-10.6
Other comprehensive income00.01-0.01
Shareholders' equity0.411.25.83.28
Minority interests-0
Total equity0.411.25.83.28
Total liabilities and equity2.117.585.37
Shares outstanding2123

Cash flow statement

FY2023FY2025FY2025FY2026
Net income0.820.78-1.46-10.3
Depreciation and amortization000.010.15
Stock-based compensation7.93
Deferred income tax-0.17-0.01
Change in receivables-0.37-0.450.140.46
Change in payables0.030.3-0.020.16
Cash from operations0.720.76-3.26-0.86
Capital expenditures-0.01-0.01-0.01-0.21
Cash from investing-0.01-0.01-0.14-2.58
Stock issued6.05
Dividends paid-0.55
Cash from financing-0.52-0.727.59-0.1
Exchange rate effect-000.01-0.02
Net change in cash0.20.024.19-3.54
Free cash flow0.720.75-3.27-1.06
Interest paid0.030.03
Income taxes paid00.030.350.12

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $0.77 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-227.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-159.3%Net income / average total assets.
Return on invested capital (ROIC)-277.2%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%.

Growth

MetricValueHow it is calculated
Gross profit growth, 1y-65.6%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-41.7%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-43.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y100.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-29.1%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y16.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y3.0%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.89xCurrent assets / current liabilities.
Quick ratio1.08x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.78x(Cash + short-term investments) / current liabilities.
Debt / equity0.32xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets19.8%Total debt / total assets.
Liabilities / assets38.9%Total liabilities / total assets.
Net debt$101.9KTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-351xOperating income / interest expense.
Working capital$1.1MCurrent assets - current liabilities.
Tangible book value$3.3MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$4.15Net 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-$4.15Net income per basic share, as reported (split-adjusted).
FCF per share-$0.43Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.35Cash from operations / diluted weighted shares.
Book value per share$1.32Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.32Tangible book value / shares outstanding.
Cash per share$0.39(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$10.3MShare price x shares outstanding.
Enterprise value$10.4MMarket cap + total debt - cash - short-term investments.
P/B3.14xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.14xMarket cap / tangible book value, when positive.
FCF yield-10.3%Free cash flow / market cap.
Earnings yield-99.9%Net income / market cap (the inverse of P/E).
Was Mint Inc Ltd profitable in fiscal 2026?

No. It reported a net loss of $10.3M.

How much free cash flow did Mint Inc Ltd generate in fiscal 2026?

Cash from operations of $858.4K minus capital expenditures of $205.1K left free cash flow of -$1.1M.

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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