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PHAOS TECHNOLOGY HOLDINGS (CAYMAN) Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data PHAOS TECHNOLOGY HOLDINGS (CAYMAN) 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

FY2025FY2026
Revenue0.130.1
Cost of revenue0.10.09
Gross profit0.030.01
Research and development0.11
Operating income-4.04-4.88
Interest expense0.010
Interest income00
Other non-operating income0.110.05
Pre-tax income-3.93-4.83
Net income-3.93-4.83
EBITDA-3.9-4.75
EPS, basic-0.15-0.38
EPS, diluted-0.15-0.38
Shares, basic (weighted)10.512.6
Shares, diluted (weighted)10.512.6

Balance sheet

FY2025FY2026
Cash and equivalents0.10.6
Receivables0.030
Inventory0.240.43
Other current assets0.113.97
Total current assets1.165
Property, plant and equipment0.220.11
Lease right-of-use assets0.10.14
Total assets1.485.24
Accounts payable0.070.23
Accrued liabilities0.410.45
Short-term debt0.040.05
Total current liabilities2.910.98
Long-term debt0.060.02
Lease liabilities0.020.09
Total liabilities2.981.08
Total debt0.10.06
Paid-in capital7.8418.5
Retained earnings-9.32-14.4
Other comprehensive income-00.07
Shareholders' equity-1.54.16
Total equity-1.54.16
Total liabilities and equity1.485.24

Cash flow statement

FY2025FY2026
Net income-3.93-4.83
Depreciation and amortization0.140.13
Change in receivables0.290.03
Change in inventory-0.09-0.19
Cash from operations-2.8-8.56
Capital expenditures-0.18-0.03
Cash from investing-0.250.37
Debt issued0.16
Cash from financing1.388.62
Net change in cash-1.670.5
Free cash flow-2.98-8.59
Interest paid0.010.01

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $0.17 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin13.1%Gross profit / revenue.
Operating margin-4,707.0%Operating income / revenue.
EBITDA margin-4,585.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-4,662.0%Pre-tax income / revenue.
Net margin-4,662.0%Net income / revenue.
FCF margin-8,285.0%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-8,255.0%Cash from operations / revenue.
Return on equity (ROE)-363.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-143.8%Net income / average total assets.
Return on invested capital (ROIC)-363.0%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%.
Capex / revenue30.1%Capital expenditures / revenue.
D&A / revenue121.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-19.3%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-52.1%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y253.9%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y19.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio5.11xCurrent assets / current liabilities.
Quick ratio0.61x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.61x(Cash + short-term investments) / current liabilities.
Debt / equity0.01xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets1.2%Total debt / total assets.
Liabilities / assets20.6%Total liabilities / total assets.
Net debt-$536.9KTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-1,203xOperating income / interest expense.
Working capital$4.0MCurrent assets - current liabilities.
Tangible book value$4.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.03xRevenue / average total assets.
Fixed asset turnover0.63xRevenue / average property, plant and equipment.
Inventory turnover0.27xCost of revenue / average inventory.
Days inventory1,346 days365 x average inventory / cost of revenue.
Receivables turnover6.74xRevenue / average receivables.
Days sales outstanding54 days365 x average receivables / revenue.
Days payables621 days365 x average accounts payable / cost of revenue.
Cash conversion cycle779 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.38Net 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-$0.38Net income per basic share, as reported (split-adjusted).
Revenue per share$0.01Revenue / diluted weighted shares.
FCF per share-$0.68Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.68Cash from operations / diluted weighted shares.
Book value per share$0.33Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.33Tangible book value / shares outstanding.
Cash per share$0.05(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$5.3MShare price x shares outstanding.
Enterprise value$4.8MMarket cap + total debt - cash - short-term investments.
P/S51.2xMarket cap / revenue.
P/B1.27xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.27xMarket cap / tangible book value, when positive.
EV/Sales46.0xEnterprise value / revenue.
FCF yield-162.0%Free cash flow / market cap.
Earnings yield-91.1%Net income / market cap (the inverse of P/E).
What was PHAOS TECHNOLOGY HOLDINGS (CAYMAN) Ltd's revenue in fiscal 2026?

PHAOS TECHNOLOGY HOLDINGS (CAYMAN) Ltd reported revenue of $103.7K for fiscal 2026, 19.3% lower than the year before.

Was PHAOS TECHNOLOGY HOLDINGS (CAYMAN) Ltd profitable in fiscal 2026?

No. It reported a net loss of $4.8M.

How much free cash flow did PHAOS TECHNOLOGY HOLDINGS (CAYMAN) Ltd generate in fiscal 2026?

Cash from operations of $8.6M minus capital expenditures of $31.2K left free cash flow of -$8.6M.

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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