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Financial statements

WORLD HEALTH ENERGY HOLDINGS, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data WORLD HEALTH ENERGY HOLDINGS, 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

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue000.10.10.140.090.210.17
Cost of revenue0.1
Gross profit0.210.06
Research and development0.260.490.51.391.941.3
Selling and marketing0.020.090.15
General and administrative0.070.090.040.040.230.524.178.635.082.7
Operating expenses0.110.140.070.070.15
Operating income-0.11-0.14-0.07-0.07-0.39-0.91-4.53-9.94-6.9-4.09
Interest income00
Other non-operating income0.130.6-0.030.04-0.070.020-0.78
Pre-tax income-0.27-0.070.54-0.154.69.957.054.9
Net income to minority interests-0-0.07-0.21
Net income-0.11-0.27-0.070.54-0.41-0.87-4.6-9.94-6.98-4.69
EBITDA-0.1-0.35-0.88-4.48-9.93-6.88-4.07
EPS, basic0.000.000.000.000.000.000.000.000.000.00
EPS, diluted0.000.000.000.000.000.000.000.000.000.00
Shares, basic (weighted)56,03689,78989,78989,789060,841120,833497,734520,060540,818
Shares, diluted (weighted)56,03689,78989,78989,789060,841120,833497,734520,060540,818

Balance sheet

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash and equivalents000.360.360.050.060.050.06
Receivables0.010.010.010.020.050.03
Inventory00.02
Other current assets0.210.040.070.140.150.19
Total current assets0000.020.580.411.310.280.250.3
Property, plant and equipment0.110.020.030.030.040.060.04
Lease right-of-use assets0.020.20.170.120.09
Intangible assets9.699.6914.7
Other non-current assets0.02
Total assets0.12000.020.620.461.5910.210.216.1
Accounts payable0.070.090.090.120.030.030.080.110.110.11
Accrued liabilities0.050.230.260.250.30.37
Deferred revenue0.01
Short-term debt0.4
Total current liabilities0.680.840.90.380.10.520.760.790.721.26
Lease liabilities0.170.10.050.01
Other non-current liabilities2.012.01
Total liabilities0.680.840.90.231.252.443.113.953.875.45
Paid-in capital11.4-37.6-37.6-37.6-0-63.3-62.3-40.6-34-30.9
Retained earnings-25.8-26.1-26.2-25.6-0.62-1.5-6.09-16-23-27.7
Treasury stock-8-8-8
Other comprehensive income-0.01-0-0.02-0.01
Shareholders' equity-0.56-0.56-0.9-0.2-0.63-1.98-1.522.472.62.14
Minority interests3.823.733.53
Total equity-0.56-0.56-0.9-0.2-0.63-1.98-1.526.286.335.67
Total liabilities and equity0.12000.020.620.461.5910.210.216.1
Shares outstanding89,78989,78989,78989,789089,789488,499516,303520,796550,834

Cash flow statement

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net income-0.11-0.27-0.070.54-0.41-0.87-4.6-9.95-7.05-4.9
Depreciation and amortization00.040.040.050.010.020.02
Stock-based compensation3.499.035.752.6
Change in receivables00-0-0.01-0.030.02
Change in payables-0.010.02-00.030.02-0.010.050.03-00
Cash from operations-0.12-0.12-0.07-0.06-0.32-0.65-0.8-0.94-1.07-1.45
Capital expenditures-0-0.02-0.01-0.03-0.03-0.01
Acquisitions0.04
Cash from investing-0.02-0.08-0.28-0.040.01-0.07-0.05
Stock issued0.960.390.940.69
Cash from financing0.120.140.070.060.740.930.520.941.141.51
Net change in cash0-00.340-0.310.01-0.010.02
Free cash flow-0.32-0.67-0.81-0.97-1.11-1.45

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2025; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-40.4%Gross profit / revenue.
Operating margin-1,180.0%Operating income / revenue.
EBITDA margin-1,171.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin2,773.0%Pre-tax income / revenue.
Net margin-1,721.0%Net income / revenue.
Operating cash flow margin-529.1%Cash from operations / revenue.
Return on equity (ROE)-264.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-33.0%Net income / average total assets.
Return on invested capital (ROIC)-157.4%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%.
R&D / revenue353.9%Research and development expense / revenue.
Stock-based pay / revenue480.9%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue8.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-20.1%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y5.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y9.8%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-69.8%Gross profit vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-17.7%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y58.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y116.5%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y91.9%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y4.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y64.8%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y8,743.0%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 ratio0.26xCurrent assets / current liabilities.
Quick ratio0.12x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.09x(Cash + short-term investments) / current liabilities.
Liabilities / assets55.8%Total liabilities / total assets.
Working capital-$1.0MCurrent assets - current liabilities.
Goodwill and intangibles / assets87.3%(Goodwill + intangible assets) / total assets.
Tangible book value-$8.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.02xRevenue / average total assets.
Fixed asset turnover6.07xRevenue / average property, plant and equipment.
Inventory turnover33.9xCost of revenue / average inventory.
Days inventory11 days365 x average inventory / cost of revenue.
Receivables turnover5.59xRevenue / average receivables.
Days sales outstanding65 days365 x average receivables / revenue.
Days payables258 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-182 daysDays inventory + days sales outstanding - days payables.

Per share

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

Valuation

MetricValueHow it is calculated
Market cap$55.1MShare price x shares outstanding.
Enterprise value$55.0MMarket cap + total debt - cash - short-term investments.
P/S259xMarket cap / revenue.
P/B39.8xMarket cap / shareholders' equity. Only when equity is positive.
EV/Sales258xEnterprise value / revenue.
Earnings yield-6.6%Net income / market cap (the inverse of P/E).
What was WORLD HEALTH ENERGY HOLDINGS, INC.'s revenue in fiscal 2024?

WORLD HEALTH ENERGY HOLDINGS, INC. reported revenue of $166.0K for fiscal 2024, 20.1% lower than the year before.

Was WORLD HEALTH ENERGY HOLDINGS, INC. profitable in fiscal 2024?

No. It reported a net loss of $4.7M.

How much free cash flow did WORLD HEALTH ENERGY HOLDINGS, INC. generate in fiscal 2024?

Cash from operations of $1.4M minus capital expenditures of $7.0K left free cash flow of -$1.5M.

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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