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Financial statements

Yimutian Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Yimutian 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

FY2025
Revenue20.1
Cost of revenue3.09
Gross profit17
Research and development4.23
Selling and marketing11.1
General and administrative8.4
Operating income-5.97
Interest expense0.8
Interest income0
Pre-tax income-6.78
Net income to minority interests-0.11
Net income-6.67
EBITDA-5.82
Shares, basic (weighted)1,341
Shares, diluted (weighted)1,341

Balance sheet

FY2025
Cash and equivalents15.7
Receivables0.14
Inventory0.33
Other current assets1.33
Total current assets22
Property, plant and equipment0.11
Lease right-of-use assets0.52
Other non-current assets0.37
Total assets23
Accounts payable0.75
Deferred revenue10.8
Total current liabilities44.3
Lease liabilities0.05
Total liabilities46.2
Paid-in capital239
Retained earnings-252
Other comprehensive income-14
Shareholders' equity-27.4
Minority interests4.18
Total equity-23.2
Total liabilities and equity23

Cash flow statement

FY2025
Net income-6.78
Depreciation and amortization0.16
Change in receivables-0.03
Change in inventory-0.3
Change in payables0.12
Cash from operations-7.03
Capital expenditures-0.12
Cash from investing-0.12
Debt repaid-1.24
Stock issued16.6
Cash from financing22.2
Exchange rate effect0.21
Net change in cash15.3
Free cash flow-7.15
Interest paid0.16

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.81 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin84.6%Gross profit / revenue.
Operating margin-29.7%Operating income / revenue.
EBITDA margin-28.9%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-33.7%Pre-tax income / revenue.
Net margin-33.2%Net income / revenue.
FCF margin-35.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-35.0%Cash from operations / revenue.
Return on assets (ROA)-29.0%Net income / average total assets.
R&D / revenue21.0%Research and development expense / revenue.
Capex / revenue0.6%Capital expenditures / revenue.
D&A / revenue0.8%Depreciation and amortization / revenue.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.50xCurrent assets / current liabilities.
Quick ratio0.36x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.35x(Cash + short-term investments) / current liabilities.
Liabilities / assets200.7%Total liabilities / total assets.
Interest coverage-7.45xOperating income / interest expense.
Working capital-$22.3MCurrent assets - current liabilities.
Tangible book value-$27.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.87xRevenue / average total assets.
Fixed asset turnover180xRevenue / average property, plant and equipment.
Inventory turnover9.39xCost of revenue / average inventory.
Days inventory39 days365 x average inventory / cost of revenue.
Receivables turnover149xRevenue / average receivables.
Days sales outstanding2 days365 x average receivables / revenue.
Days payables88 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-47 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
Revenue per share$0.02Revenue / diluted weighted shares.
FCF per share-$0.01Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.01Cash from operations / diluted weighted shares.
Book value per share-$0.02Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.02Tangible book value / shares outstanding.
Cash per share$0.01(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$632.6MShare price x shares outstanding.
Enterprise value$616.9MMarket cap + total debt - cash - short-term investments.
P/S31.5xMarket cap / revenue.
EV/Sales30.7xEnterprise value / revenue.
FCF yield-1.1%Free cash flow / market cap.
Earnings yield-1.1%Net income / market cap (the inverse of P/E).
What was Yimutian Inc.'s revenue in fiscal 2025?

Yimutian Inc. reported revenue of $20.1M for fiscal 2025.

Was Yimutian Inc. profitable in fiscal 2025?

No. It reported a net loss of $6.7M.

How much free cash flow did Yimutian Inc. generate in fiscal 2025?

Cash from operations of $7.0M minus capital expenditures of $122.0K left free cash flow of -$7.2M.

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.

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