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Financial statements

QMMM Holdings Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data QMMM Holdings 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

FY2022FY2024FY2024FY2025
Revenue3.42.812.71.95
Cost of revenue2.062.182.281.92
Gross profit1.340.630.410.03
Selling and marketing0.0300.330.17
General and administrative0.441.931.661.89
Operating expenses0.471.931.982.06
Operating income0.87-1.3-1.57-2.03
Interest expense0.030.010.020.01
Interest income0000
Other non-operating income0.050.02-0.020.03
Pre-tax income0.92-1.29-1.58-2
Income tax0.120
Net income0.8-1.29-1.58-2
EBITDA0.9-1.28-1.54-2.02
EPS, basic0.05-0.09-0.10-0.07
EPS, diluted0.05-0.09-0.10-0.07
Shares, basic (weighted)151515.428.2
Shares, diluted (weighted)151515.428.2

Balance sheet

FY2022FY2024FY2024FY2025
Cash and equivalents0.130.52.25
Receivables0.520.270.45
Other current assets3.352.5
Total current assets0.74.610.7
Property, plant and equipment0.050.020.33
Lease right-of-use assets0.330.150.13
Intangible assets0.020.010
Total assets1.195.9711.2
Accounts payable0.010.09
Deferred revenue0.0100.04
Total current liabilities1.950.690.73
Lease liabilities0.150.07
Total liabilities2.10.690.8
Paid-in capital0.017.814.9
Retained earnings-0.93-2.51-4.51
Other comprehensive income0-0.01-0.01
Shareholders' equity0.37-0.925.2910.4
Total equity0.37-0.925.2910.4
Total liabilities and equity1.195.9711.2
Shares outstanding1517.2

Cash flow statement

FY2022FY2024FY2024FY2025
Net income0.8-1.29-1.58-2
Depreciation and amortization0.030.020.020.01
Change in receivables-0.11-0.080.29-0.19
Change in payables-0.15-0.03-0.010.09
Cash from operations0.64-1.13-6.25-5.12
Capital expenditures-0.04-0.01-0.26
Cash from investing0.19-0.03-0.26
Stock issued7.797.13
Cash from financing-0.80.936.657.15
Net change in cash0.03-0.240.41.77
Free cash flow0.6-1.15-5.38
Interest paid0.010
Income taxes paid-00.010.03-0.02

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: we have no share price for this company.

Profitability

MetricValueHow it is calculated
Gross margin1.6%Gross profit / revenue.
Operating margin-103.8%Operating income / revenue.
EBITDA margin-103.1%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-102.2%Pre-tax income / revenue.
Net margin-102.2%Net income / revenue.
FCF margin-275.0%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-261.8%Cash from operations / revenue.
Return on equity (ROE)-25.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-23.2%Net income / average total assets.
Return on invested capital (ROIC)-24.7%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 / revenue13.1%Capital expenditures / revenue.
D&A / revenue0.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-27.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-16.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-92.4%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-71.4%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y97.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y202.9%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y87.8%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y82.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y23.4%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 ratio14.7xCurrent assets / current liabilities.
Quick ratio3.70x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.09x(Cash + short-term investments) / current liabilities.
Liabilities / assets7.1%Total liabilities / total assets.
Interest coverage-348xOperating income / interest expense.
Working capital$10.0MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.0%(Goodwill + intangible assets) / total assets.
Tangible book value$10.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.23xRevenue / average total assets.
Fixed asset turnover11.0xRevenue / average property, plant and equipment.
Receivables turnover5.47xRevenue / average receivables.
Days sales outstanding67 days365 x average receivables / revenue.
Days payables18 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.07Net 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-$0.07Net income per basic share, as reported (split-adjusted).
Revenue per share$0.07Revenue / diluted weighted shares.
FCF per share-$0.19Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.18Cash from operations / diluted weighted shares.
Book value per share$0.37Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.37Tangible book value / shares outstanding.
Cash per share$0.08(Cash + short-term investments) / shares outstanding.
What was QMMM Holdings Ltd's revenue in fiscal 2025?

QMMM Holdings Ltd reported revenue of $2.0M for fiscal 2025, 27.5% lower than the year before.

Was QMMM Holdings Ltd profitable in fiscal 2025?

No. It reported a net loss of $2.0M.

How much free cash flow did QMMM Holdings Ltd generate in fiscal 2025?

Cash from operations of $5.1M minus capital expenditures of $256.6K left free cash flow of -$5.4M.

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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