Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data PS International Group 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
FY2022
FY2024
FY2024
FY2025
Revenue
97.3
140
87.2
53.2
Cost of revenue
89
127
83.6
52.1
Gross profit
8.3
12.8
3.53
1.03
General and administrative
4.73
5.53
8.8
4.02
Operating expenses
5.36
6.77
8.8
2.56
Operating income
2.94
5.98
-5.27
-1.53
Interest expense
0.01
0
0.04
Interest income
0.04
0.08
0.07
0.05
Other non-operating income
0.19
0.01
0.09
-13.7
Pre-tax income
3.14
5.99
-5.18
-15.2
Income tax
0.69
1.38
-0.36
0
Net income to minority interests
0.02
0.03
0.01
0
Net income
2.43
4.58
-4.83
-15.2
EBITDA
3.14
6.15
-5.21
-1.48
EPS, basic
0.95
1.83
-1.73
-3.81
EPS, diluted
0.95
1.83
-1.73
-3.81
Shares, basic (weighted)
2.51
2.5
2.8
4
Shares, diluted (weighted)
2.51
2.5
2.8
4
Balance sheet
FY2022
FY2024
FY2024
FY2025
Cash and equivalents
7.39
10.8
8.16
8.94
Short-term investments
4.98
Receivables
20.1
12.8
9.45
Other current assets
0.09
0.07
0.26
Total current assets
35
24.4
30.1
Property, plant and equipment
0.18
0.13
4.32
Lease right-of-use assets
0.06
0.13
0.09
Total assets
35.3
24.7
34.5
Accounts payable
18.2
11.3
10.3
Accrued liabilities
0.26
0.35
0.31
Deferred revenue
0
0
0
Short-term debt
4.74
Total current liabilities
22.4
13.8
38.1
Long-term debt
2.73
2.73
Lease liabilities
0.02
0.03
0.04
Total liabilities
22.4
13.9
38.2
Total debt
2.73
3.63
Paid-in capital
7.88
10.6
11.4
Retained earnings
4.96
0.13
-15.1
Other comprehensive income
-0.04
-0.04
-0.04
Shareholders' equity
12.8
10.7
-3.77
Minority interests
0.12
0.12
0.13
Total equity
12.3
12.9
10.8
-3.64
Total liabilities and equity
35.3
24.7
34.5
Shares outstanding
20
3.25
8.62
Cash flow statement
FY2022
FY2024
FY2024
FY2025
Net income
2.45
4.61
-4.82
-15.2
Depreciation and amortization
0.19
0.16
0.06
0.05
Stock-based compensation
5.59
0.77
Change in receivables
10.4
-9.1
7.42
3.37
Cash from operations
0.95
7.34
-1.84
-1.31
Capital expenditures
-0.02
-0
-4.25
Acquisitions
0.02
Purchases of investments
-4.98
Cash from investing
-2.95
2.23
0.72
-11.2
Stock issued
0.02
0
Dividends paid
-0.12
-3.97
Cash from financing
-1.18
-4.1
-1.5
13.3
Exchange rate effect
-0
Net change in cash
-3.18
5.47
-2.63
0.78
Free cash flow
0.94
7.34
-5.55
Interest paid
0.01
0
0.03
Income taxes paid
4.89
-0.36
-0.09
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $4.57 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
1.9%
Gross profit / revenue.
Operating margin
-2.9%
Operating income / revenue.
EBITDA margin
-2.8%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-28.6%
Pre-tax income / revenue.
Net margin
-28.6%
Net income / revenue.
FCF margin
-10.4%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-2.5%
Cash from operations / revenue.
Return on assets (ROA)
-51.4%
Net income / average total assets.
Stock-based pay / revenue
1.5%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
8.0%
Capital expenditures / revenue.
D&A / revenue
0.1%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-39.0%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-18.3%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-70.7%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-50.1%
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
-135.3%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
40.0%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
42.8%
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
16.7%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.79x
Current assets / current liabilities.
Quick ratio
0.61x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.37x
(Cash + short-term investments) / current liabilities.
Debt / assets
10.5%
Total debt / total assets.
Liabilities / assets
110.5%
Total liabilities / total assets.
Net debt
-$10.3M
Total debt - cash - short-term investments. Negative means more cash than debt.
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
-$3.81
Net income per basic share, as reported (split-adjusted).
Revenue per share
$13.30
Revenue / diluted weighted shares.
FCF per share
-$1.39
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.33
Cash from operations / diluted weighted shares.
Book value per share
-$0.44
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
1.32x
Market cap / revenue.
EV/Sales
1.13x
Enterprise value / revenue.
FCF yield
-7.9%
Free cash flow / market cap.
Earnings yield
-21.6%
Net income / market cap (the inverse of P/E).
What was PS International Group Ltd.'s revenue in fiscal 2025?
PS International Group Ltd. reported revenue of $53.2M for fiscal 2025, 39% lower than the year before.
Was PS International Group Ltd. profitable in fiscal 2025?
No. It reported a net loss of $15.2M.
How much free cash flow did PS International Group Ltd. generate in fiscal 2025?
Cash from operations of $1.3M minus capital expenditures of $4.2M left free cash flow of -$5.6M.
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.