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Financial statements

ParaZero Technologies Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data ParaZero Technologies 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

FY2021FY2023FY2023FY2024FY2025
Revenue0.720.560.620.931.05
Cost of revenue0.460.340.480.871
Gross profit0.260.220.140.060.05
Research and development0.60.640.642.142.34
Selling and marketing0.170.260.491.081.62
General and administrative0.470.771.472.43.64
Operating income-0.99-1.84-2.8-5.57-7.55
Interest expense0.020.15
Other non-operating income0.370.20.210.20.22
Net income-0.62-1.65-3.77-11.1-5.41
EBITDA-0.97-1.82-2.78-5.54-7.52
EPS, basic1.710.490.770.990.31
EPS, diluted1.710.490.770.990.31
Shares, basic (weighted)0.363.354.8911.117.5
Shares, diluted (weighted)0.363.354.8911.117.5

Balance sheet

FY2021FY2023FY2023FY2024FY2025
Cash and equivalents0.030.097.434.182.16
Short-term investments2
Receivables0.180.020.110.19
Inventory0.30.260.390.2
Other current assets0.180.650.420.28
Total current assets1.058.375.114.83
Property, plant and equipment0.040.050.110.11
Lease right-of-use assets0.060.010.420.27
Total assets1.158.425.745.31
Accounts payable0.05000
Accrued liabilities0.140.290.270.17
Deferred revenue0.190.20.140.13
Total current liabilities2.380.761.321.33
Lease liabilities0.0100.220.06
Total liabilities2.792.326.052.15
Paid-in capital1324.529.137.9
Retained earnings-1.6
Other comprehensive income-14.7-18.4-29.5-34.9
Shareholders' equity-6.62-1.646.11-0.313.16
Total equity-6.62-1.646.11-0.313.16
Total liabilities and equity1.158.425.745.31
Shares outstanding3.610.112.819.7

Cash flow statement

FY2021FY2023FY2023FY2024FY2025
Net income-0.62-1.65-3.77-11.1-5.41
Depreciation and amortization0.020.020.020.020.03
Stock-based compensation0.050.010.081.23
Change in receivables-0.180.16-0.09-0.07
Change in inventory0.010.030.01-0.24-0
Cash from operations-0.99-1.97-2.94-4.89-5.8
Capital expenditures-0.01-0.01-0.03-0.08-0.03
Cash from investing-0.01-0.01-0.03-0.15-2.04
Cash from financing0.912.0410.31.825.81
Exchange rate effect-0.030.01
Net change in cash-0.080.067.34-3.25-2.02
Free cash flow-0.99-1.98-2.96-4.97-5.83
Interest paid00.04

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.58 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin4.8%Gross profit / revenue.
Operating margin-721.1%Operating income / revenue.
EBITDA margin-718.3%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-517.1%Net income / revenue.
FCF margin-557.2%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-554.5%Cash from operations / revenue.
Return on equity (ROE)-380.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-98.0%Net income / average total assets.
R&D / revenue223.4%Research and development expense / revenue.
Stock-based pay / revenue117.8%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue2.7%Capital expenditures / revenue.
D&A / revenue2.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y12.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y23.2%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-14.3%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-39.2%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y-68.7%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y-14.2%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-7.5%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y66.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y57.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y73.4%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 ratio3.64xCurrent assets / current liabilities.
Quick ratio3.27x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.13x(Cash + short-term investments) / current liabilities.
Liabilities / assets40.5%Total liabilities / total assets.
Working capital$3.5MCurrent assets - current liabilities.
Tangible book value$3.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.19xRevenue / average total assets.
Fixed asset turnover9.78xRevenue / average property, plant and equipment.
Inventory turnover3.33xCost of revenue / average inventory.
Days inventory110 days365 x average inventory / cost of revenue.
Receivables turnover6.98xRevenue / average receivables.
Days sales outstanding52 days365 x average receivables / revenue.
Days payables0 days365 x average accounts payable / cost of revenue.
Cash conversion cycle162 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted$0.31Net 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$0.31Net income per basic share, as reported (split-adjusted).
Revenue per share$0.06Revenue / diluted weighted shares.
FCF per share-$0.33Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.33Cash from operations / diluted weighted shares.
Book value per share$0.16Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.16Tangible book value / shares outstanding.
Cash per share$0.21(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$13.6MShare price x shares outstanding.
Enterprise value$9.5MMarket cap + total debt - cash - short-term investments.
P/S13.0xMarket cap / revenue.
P/B4.32xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book4.32xMarket cap / tangible book value, when positive.
EV/Sales9.04xEnterprise value / revenue.
FCF yield-42.8%Free cash flow / market cap.
Earnings yield-39.7%Net income / market cap (the inverse of P/E).
What was ParaZero Technologies Ltd.'s revenue in fiscal 2025?

ParaZero Technologies Ltd. reported revenue of $1.0M for fiscal 2025, 12.3% higher than the year before.

Was ParaZero Technologies Ltd. profitable in fiscal 2025?

No. It reported a net loss of $5.4M.

How much free cash flow did ParaZero Technologies Ltd. generate in fiscal 2025?

Cash from operations of $5.8M minus capital expenditures of $27.8K left free cash flow of -$5.8M.

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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