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Financial statements

T-REX Acquisition Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data T-REX Acquisition Corp. 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue0000000.040.060.020.03
Cost of revenue00.070.570.030.12
Gross profit0-0.02-0.52-0.01-0.09
Operating expenses0.140.120.10.10.080.471.271.320.982.03
Operating income-0.14-0.12-0.1-0.1-0.08-0.47-1.29-1.84-1-2.12
Interest expense0000000000.04
Other non-operating income-0-0.03-0.42
Pre-tax income-0.14-0.12-0.15-0.11-0.09-0.47-1.29-1.84-1.02-2.54
Income tax0000000000
Income from continuing operations-0.14
Net income-0.14-0.12-0.15-0.11-0.09-0.47-1.29-1.84-1.02-2.54
EBITDA-0.47-1.27-1.34-0.98-2.06
EPS, basic-1.37-1.20-1.45-1.04-0.85-0.04
EPS, diluted-1.37-1.20-1.45-1.04-0.85-0.04-0.10-0.06-0.13
Shares, diluted (weighted)0.10.10.10.10.110.918.818.220.2

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents00000000.0200.05
Receivables0
Other current assets0.110.060.02000.050.1600.01
Total current assets0000000.060.190.150.08
Property, plant and equipment00.420.0100.59
Intangible assets0
Other non-current assets0.08
Total assets0.160.110.060.02000.90.350.150.75
Accounts payable0.010.0200000.020.060.060.06
Accrued liabilities0.02
Total current liabilities0.220.290.340.410.480.050.140.631.261.33
Other non-current liabilities00.5
Total liabilities0.220.290.340.410.480.050.140.631.261.84
Paid-in capital0.820.820.820.820.822.814.925.725.98.18
Retained earnings-1.93-2.05-2.2-2.31-2.4-2.87-4.16-6-7.02-9.56
Shareholders' equity-0.06-0.18-0.28-0.39-0.48-0.050.76-0.28-1.11-1.09
Total equity-0.06-0.18-0.28-0.39-0.48-0.050.76-0.28-1.11-1.09
Total liabilities and equity0.160.110.060.02000.90.350.150.75
Shares outstanding0.10.10.10.10.114.719.618.218.225.1

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-0.14-0.12-0.15-0.11-0.09-0.471.29-1.84-1.02-2.54
Depreciation and amortization00.020.490.010.05
Stock-based compensation00.30.650.340.22
Change in payables0.010-0.01-00-00.020.04-0.010
Cash from operations-00000-0-0.23-0.19-0.61-0.76
Capital expenditures0-0.45-0.090
Cash from investing0-0.45-0.090-0.37
Debt issued00.06
Stock issued000.300.84
Cash from financing0000000.680.30.591.18
Net change in cash000.02-0.020.05
Free cash flow-0-0.68-0.28-0.61
Interest paid0000000000
Income taxes paid0000000000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.60 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-561.6%Gross profit / revenue.
Operating margin-10,330.0%Operating income / revenue.
EBITDA margin-10,114.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-11,009.0%Pre-tax income / revenue.
Net margin-11,009.0%Net income / revenue.
Operating cash flow margin-1,351.0%Cash from operations / revenue.
Return on assets (ROA)-595.5%Net income / average total assets.
Stock-based pay / revenue1,402.0%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue216.9%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y104.7%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-9.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y391.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-5.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y10.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y187.2%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.01xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets286.1%Total liabilities / total assets.
Interest coverage-27.9xOperating income / interest expense.
Working capital-$1.9MCurrent assets - current liabilities.
Tangible book value-$1.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.05xRevenue / average total assets.
Fixed asset turnover0.06xRevenue / average property, plant and equipment.
Days payables165 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.15Net 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.
Revenue per share$0.00Revenue / diluted weighted shares.
Operating cash flow per share-$0.02Cash from operations / diluted weighted shares.
Book value per share-$0.04Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.04Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$18.1MShare price x shares outstanding.
Enterprise value$18.1MMarket cap + total debt - cash - short-term investments.
P/S499xMarket cap / revenue.
EV/Sales499xEnterprise value / revenue.
Earnings yield-22.1%Net income / market cap (the inverse of P/E).
What was T-REX Acquisition Corp.'s revenue in fiscal 2025?

T-REX Acquisition Corp. reported revenue of $32.4K for fiscal 2025, 104.7% higher than the year before.

Was T-REX Acquisition Corp. profitable in fiscal 2025?

No. It reported a net loss of $2.5M.

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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