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Financial statements

Polomar Health Services, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Polomar Health Services, 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

FY2023FY2023FY2024FY2025
Revenue0.030.040.060.65
Cost of revenue00.030.19
Gross profit0.030.040.030.46
Selling and marketing0.030.050.07
General and administrative0.220.451.2810.9
Operating expenses0.220.481.3311
Operating income-0.18-0.44-1.3-10.6
Interest expense00.040.15
Other non-operating income0-0.15-0.04-0.15
Net income-0.18-0.59-1.34-10.7
EBITDA-0.43-1.04-0.78
EPS, basic0.00-0.02-0.05-0.39
EPS, diluted0.00-0.02-0.05-0.39
Shares, basic (weighted)45326.127.727.8
Shares, diluted (weighted)45326.127.727.8

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents0.2300.010.13
Receivables0.03
Inventory00.070.09
Other current assets0.01
Total current assets0.260.010.080.32
Property, plant and equipment0.080.04
Lease right-of-use assets0.080.050.01
Other non-current assets0.099.790.02
Total assets0.260.119.950.39
Accounts payable0.010.040.160.39
Deferred revenue0.3
Short-term debt0.03
Total current liabilities0.070.11.341.61
Lease liabilities0.050.01
Total liabilities0.070.151.351.61
Paid-in capital1.021.2811.512.4
Retained earnings-0.98-1.57-2.91-13.6
Shareholders' equity0.19-0.048.6-1.22
Total equity0.19-0.048.6-1.22
Total liabilities and equity0.260.119.950.39
Shares outstanding10827.727.728

Cash flow statement

FY2023FY2023FY2024FY2025
Net income-0.18-0.59-1.34-10.7
Depreciation and amortization0.010.269.77
Stock-based compensation0.170.13
Change in receivables-0.030.03-0-0.1
Change in inventory-0.07-0.02
Change in payables00.010.130.22
Cash from operations-0.04-0.53-1.02-0.4
Capital expenditures-0.09
Cash from investing-0.09
Stock issued0.230.22
Cash from financing0.270.321.110.52
Net change in cash0.23-0.22-00.13
Free cash flow-1.11
Interest paid00.040.15

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.17 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin61.1%Gross profit / revenue.
Operating margin-295.0%Operating income / revenue.
EBITDA margin-2.7%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-298.3%Net income / revenue.
Operating cash flow margin-0.2%Cash from operations / revenue.
Return on assets (ROA)-1,162.0%Net income / average total assets.
D&A / revenue292.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y1,002.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y165.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y1,389.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y137.1%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-114.2%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-96.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y14.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y0.4%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-60.6%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
Liabilities / assets229.7%Total liabilities / total assets.
Interest coverage-90.3xOperating income / interest expense.
Tangible book value-$1.1MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover3.89xRevenue / average total assets.
Fixed asset turnover130xRevenue / average property, plant and equipment.
Inventory turnover12.4xCost of revenue / average inventory.
Days inventory29 days365 x average inventory / cost of revenue.
Days payables226 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.34Net 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.
Revenue per share$0.11Revenue / diluted weighted shares.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share-$0.04Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.04Tangible book value / shares outstanding.
Cash per share$0.01(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$4.8MShare price x shares outstanding.
Enterprise value$4.6MMarket cap + total debt - cash - short-term investments.
P/S1.52xMarket cap / revenue.
EV/Sales1.46xEnterprise value / revenue.
Earnings yield-196.1%Net income / market cap (the inverse of P/E).
What was Polomar Health Services, Inc.'s revenue in fiscal 2025?

Polomar Health Services, Inc. reported revenue of $648.2K for fiscal 2025, 1,002% higher than the year before.

Was Polomar Health Services, Inc. profitable in fiscal 2025?

No. It reported a net loss of $10.7M.

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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