PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data PREAXIA HEALTH CARE PAYMENT SYSTEMS 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

	FY2017	FY2018	FY2019	FY2019	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue				0	0	0	0	0	0	0
Cost of revenue						0	0
Gross profit						0	0
Research and development	0.05	0.04	0.03	0.01	0.01	0.03	0.01	0.01	0	0.31
Selling and marketing									0	0.02
General and administrative	0.02	0.03	0.03	0.02	0.02	0.02	0.01	0.02	0	0.03
Operating expenses	0.25	0.2	0.2	0.17	0.16	0.18	0.16	0.1	0.15	0.99
Operating income	-0.25	-0.2	-0.2	-0.17	-0.16	-0.18	-0.16	-0.1	-0.15	-0.99
Interest expense	-0.01								0	0
Other non-operating income									0	0
Pre-tax income									-0.08	-1.16
Income tax								0	0	0
Net income	-0.26	-0.2	-0.2	-0.17	-0.16	-0.18	-0.16	-0.1	-0.08	-1.16
EBITDA									-0.15	-0.98
EPS, basic	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	0.00	-0.03
EPS, diluted	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	0.00	-0.03
Shares, basic (weighted)	37.8	39.3	39.3	39.5	39.5	39.5	39.5	19.8	19.8	41.8
Shares, diluted (weighted)	37.8	39.3	39.3	39.5	39.5	39.5	39.5	19.8	19.8	41.8

Balance sheet

	FY2017	FY2018	FY2019	FY2019	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	0.01	0.01	0.02	0	0	0	0	0	0	0
Other current assets									0	0
Total current assets	0.01	0.01	0.02	0	0	0	0	0	0	0
Property, plant and equipment									0	0.58
Intangible assets								0	0
Total assets	0.01	0.01	0.02	0	0	0	0	0	0	0.58
Accounts payable	0.13	0.14	0.13	0.16	0.16	0.16	0.16	0.1	0.04	0.21
Accrued liabilities								0.37	0	0
Short-term debt								0.33	0.2	0.09
Total current liabilities	1.21	1.53	1.69	1.8	1.96	2.14	2.3	2.4	2.34	0.97
Total liabilities	1.33	1.53	1.69	1.8	1.96	2.14	2.3	2.4	2.34	0.97
Paid-in capital	2.68	2.56	2.61	2.66	2.66	2.66	2.66	2.66	2.78	5.89
Retained earnings	-3.96	-4.16	-4.36	-4.53	-4.69	-4.87	-5.03	-5.13	-5.21	-6.37
Other comprehensive income	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Shareholders' equity	-1.33	-1.53	-1.67	-1.8	-1.96	-2.14	-2.3	-2.4	-2.34	-0.38
Total equity	-1.33	-1.53	-1.67	-1.8	-1.96	-2.14	-2.3	-2.4	-2.34	-0.38
Total liabilities and equity	0.01	0.01	0.02	0	0	0	0	0	0	0.58
Shares outstanding		39.1	39.3	39.5	39.5	39.5	39.5	19.8	19.8	44.7

Cash flow statement

	FY2017	FY2018	FY2019	FY2019	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	-0.26	-0.2	-0.2	-0.17	-0.16	-0.18	-0.16	-0.1	-0.08	-1.16
Depreciation and amortization									0	0.02
Change in payables	-0	0.01	-0.01	0.02	0.01	-0	-0	0.01	0.01	0.16
Cash from operations	-0.12	-0.07	-0.09	-0.03	-0.04	-0.06	-0.04	-0.03	-0.04	-0.12
Capital expenditures									0	-0.32
Cash from investing				0	0	0	0	0	0	-0.32
Stock issued			0.05	0	0.01
Cash from financing	0.12	0.07	0.1	0.01	0.04	0.06	0.04	0.03	0.04	0.45
Exchange rate effect	-0							0	0	-0
Net change in cash		-0	0.01	-0.02	-0	0	-0	0	-0	0
Free cash flow									-0.04	-0.44
Interest paid				0	0	0	0	0	0	0
Income taxes paid				0	0	0	0	0	0	0

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $0.22 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Return on assets (ROA)	-398.0%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Total assets CAGR, 3y	4,499.0%	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	580.5%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	111.7%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	1.9%	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, 5y	1.1%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.00x	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.
Liabilities / assets	165.7%	Total liabilities / total assets.
Interest coverage	-3,045x	Operating income / interest expense.
Working capital	-$966.2K	Current assets - current liabilities.
Tangible book value	-$383.6K	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.00x	Revenue / average total assets.
Fixed asset turnover	0.00x	Revenue / average property, plant and equipment.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.03	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	-$0.03	Net income per basic share, as reported (split-adjusted).
Revenue per share	$0.00	Revenue / diluted weighted shares.
FCF per share	-$0.01	Free cash flow / diluted weighted shares.
Operating cash flow per share	-$0.00	Cash from operations / diluted weighted shares.
Book value per share	-$0.01	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$0.01	Tangible book value / shares outstanding.
Cash per share	$0.00	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$10.6M	Share price x shares outstanding.
Enterprise value	$10.6M	Market cap + total debt - cash - short-term investments.
FCF yield	-4.2%	Free cash flow / market cap.
Earnings yield	-10.9%	Net income / market cap (the inverse of P/E).

What was PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.'s revenue in fiscal 2026?

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. reported revenue of $0.0 for fiscal 2026.

Was PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. profitable in fiscal 2026?

No. It reported a net loss of $1.2M.

How much free cash flow did PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. generate in fiscal 2026?

Cash from operations of $121.2K minus capital expenditures of $321.6K left free cash flow of -$442.7K.

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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