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Financial statements

Powell Max Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Powell Max 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

FY2024
Revenue4.69
Cost of revenue2.84
Gross profit1.85
Selling, general and administrative0.91
Operating income-2.07
Interest expense0.26
Pre-tax income-2.33
Net income-2.33
EPS, basic-0.18
EPS, diluted-0.18

Balance sheet

FY2024
Cash and equivalents5.44
Receivables2.07
Total current assets7.51
Property, plant and equipment0.55
Lease right-of-use assets0.3
Total assets8.06
Accounts payable1.67
Short-term debt0.5
Total current liabilities5.17
Lease liabilities0.13
Total liabilities5.32
Paid-in capital0
Retained earnings-4.35
Total equity2.74
Total liabilities and equity8.06

Cash flow statement

FY2024
Net income-2.33
Cash from operations-1.47
Capital expenditures-0.19
Cash from investing-0.16
Debt repaid-0.12
Cash from financing6.59
Net change in cash4.96
Free cash flow-1.66

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $1.62 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin39.4%Gross profit / revenue.
Operating margin-44.0%Operating income / revenue.
Pre-tax margin-49.6%Pre-tax income / revenue.
Net margin-49.6%Net income / revenue.
FCF margin-35.4%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-31.3%Cash from operations / revenue.
Return on assets (ROA)-28.9%Net income / average total assets.
SG&A / revenue19.3%Selling, general and administrative expense / revenue.
Capex / revenue4.1%Capital expenditures / revenue.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.45xCurrent assets / current liabilities.
Quick ratio1.45x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.05x(Cash + short-term investments) / current liabilities.
Liabilities / assets66.0%Total liabilities / total assets.
Interest coverage-7.97xOperating income / interest expense.
Working capital$2.3MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover0.58xRevenue / average total assets.
Fixed asset turnover8.57xRevenue / average property, plant and equipment.
Receivables turnover2.27xRevenue / average receivables.
Days sales outstanding161 days365 x average receivables / revenue.
Days payables215 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.18Net 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-$0.18Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$3.2MShare price x shares outstanding.
Enterprise value-$2.3MMarket cap + total debt - cash - short-term investments.
P/S0.68xMarket cap / revenue.
FCF yield-52.3%Free cash flow / market cap.
Earnings yield-73.2%Net income / market cap (the inverse of P/E).
What was Powell Max Ltd's revenue in fiscal 2024?

Powell Max Ltd reported revenue of $4.7M for fiscal 2024.

Was Powell Max Ltd profitable in fiscal 2024?

No. It reported a net loss of $2.3M.

How much free cash flow did Powell Max Ltd generate in fiscal 2024?

Cash from operations of $1.5M minus capital expenditures of $191.9K left free cash flow of -$1.7M.

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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