Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Snail, 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
FY2022
FY2022
FY2023
FY2024
FY2025
Revenue
107
74.4
60.9
84.5
81.2
Cost of revenue
63.7
53.1
48.3
54.2
58.8
Gross profit
43
21.3
12.6
30.2
22.4
Research and development
0.83
2.96
5.06
11.6
14.6
Selling and marketing
0.28
0.71
1.58
1.52
5.24
General and administrative
16.4
18.7
15.8
12.9
18.1
Operating expenses
34.7
22.9
22.9
26.3
39.7
Operating income
8.3
-1.61
-10.3
3.89
-17.3
Interest expense
0.42
0.92
1.5
0.72
0.66
Other non-operating income
1.39
0.16
-1.2
-1.43
0.71
Pre-tax income
9.69
-1.45
-11.5
2.46
-16.5
Income tax
1.78
-2.45
-2.4
0.63
10.7
Net income to minority interests
-0.56
0.05
-0.01
-0
-0
Net income
8.47
0.95
-9.09
1.83
-27.2
EBITDA
9.1
-1.04
-9.86
4.19
-17
EPS, basic
0.24
0.03
-0.25
0.05
-0.73
EPS, diluted
0.24
0.03
-0.25
0.05
-0.73
Balance sheet
FY2022
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
10.2
12.9
15.2
7.3
8.57
Receivables
12.2
6.76
Other current assets
1.94
0.66
0.46
0.64
0.42
Total current assets
45.2
42.6
56.7
31.2
31.1
Property, plant and equipment
5.68
5.11
4.68
4.38
4.15
Lease right-of-use assets
5.1
3.61
2.44
1.28
4.72
Intangible assets
1.66
0.27
0.97
8.74
Other non-current assets
0.2
0.2
0.16
1.68
0.6
Total assets
80.1
72.8
90.9
62.2
59.3
Accounts payable
3.87
9.45
Deferred revenue
11
4.34
19.3
3.95
14.8
Short-term debt
0.08
0.09
2.81
2.72
1.31
Total current liabilities
53.5
51.6
71.3
36.2
49.8
Long-term debt
2.89
3.22
4.29
Lease liabilities
4.38
2.93
1.43
0.06
4.34
Total liabilities
70
63.4
88.1
58
81.2
Total debt
2.96
11.8
12.2
5.72
14.6
Paid-in capital
94.2
23.4
26.2
25.7
26.9
Retained earnings
16
-4.86
-13.9
-12.1
-39.4
Treasury stock
-3.41
-3.67
-3.67
-3.67
Other comprehensive income
-0.27
-0.31
-0.25
-0.28
-0.28
Shareholders' equity
15.6
14.9
8.3
9.67
-16.4
Minority interests
-5.54
-5.49
-5.5
-5.5
-5.51
Total equity
10.1
9.36
2.8
4.17
-21.9
Total liabilities and equity
80.1
72.8
90.9
62.2
59.3
Shares outstanding
0.5
Cash flow statement
FY2022
FY2022
FY2023
FY2024
FY2025
Net income
7.91
0.99
-9.09
1.83
-27.2
Depreciation and amortization
0.8
0.57
0.43
0.3
0.25
Stock-based compensation
0
0.22
0.85
-0.89
0.37
Deferred income tax
-3.16
0.59
-2.64
-0.57
10.8
Change in receivables
0.69
5.49
-18.9
15.3
-2.68
Cash from operations
15.8
-3.36
0.47
-1.57
-1.15
Capital expenditures
-0.01
-0.02
Acquisitions
-0.01
Purchases of investments
-0.85
Cash from investing
-35.8
1.21
-5.26
Debt issued
3
0.85
6
Debt repaid
-6.85
-0.07
-0.08
Share buybacks
-3.41
-0.26
Dividends paid
-8.2
Cash from financing
2.63
4.84
-3.44
-6.49
8.71
Exchange rate effect
0.02
-0.01
0.05
-0.02
-0.03
Net change in cash
-17.3
2.68
-2.92
-8.08
2.26
Free cash flow
-3.36
-1.17
Interest paid
0.41
0.79
0.93
0.47
0.62
Income taxes paid
6.58
0.89
0.25
-1.1
-2.86
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 $2.50 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
33.7%
Gross profit / revenue.
Operating margin
-13.9%
Operating income / revenue.
EBITDA margin
-13.8%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-13.2%
Pre-tax income / revenue.
Net margin
-11.2%
Net income / revenue.
Operating cash flow margin
9.5%
Cash from operations / revenue.
Return on assets (ROA)
-16.9%
Net income / average total assets.
R&D / revenue
18.8%
Research and development expense / revenue.
Stock-based pay / revenue
0.2%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
0.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-3.8%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
2.9%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-25.8%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
1.7%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y
-543.9%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-505.8%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-1,587.0%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-1,560.0%
EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-269.3%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-4.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-6.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.55x
Current assets / current liabilities.
Quick ratio
0.23x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.23x
(Cash + short-term investments) / current liabilities.
Debt / assets
14.1%
Total debt / total assets.
Liabilities / assets
129.8%
Total liabilities / total assets.
Net debt
-$5.2M
Total debt - cash - short-term investments. Negative means more cash than debt.
Market cap + total debt - cash - short-term investments.
P/S
0.26x
Market cap / revenue.
P/OCF
2.76x
Market cap / cash from operations, when positive.
EV/Sales
0.20x
Enterprise value / revenue.
Earnings yield
-43.0%
Net income / market cap (the inverse of P/E).
What was Snail, Inc.'s revenue in fiscal 2025?
Snail, Inc. reported revenue of $81.2M for fiscal 2025, 3.8% lower than the year before.
Was Snail, Inc. profitable in fiscal 2025?
No. It reported a net loss of $27.2M.
How much free cash flow did Snail, Inc. generate in fiscal 2025?
Cash from operations of $1.2M minus capital expenditures of $15.8K left free cash flow of -$1.2M.
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.