STOCK TITAN

Apple iSports Financials

AAPI
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Apple iSports (AAPI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AAPI FY2025

A financing-supported balance-sheet rebuild is visible, but near-term obligations still dwarf the company’s liquid resources.

Between FY2024 and FY2025, total assets rose from $272K to $2.47M, a large balance-sheet expansion in a single year. Because total liabilities still ran at $6.53M and financing cash flow added $1.68M, that expansion looks externally funded rather than internally earned.

Liquidity remains extremely tight: cash was only $55.9K against current liabilities of $6.53M. Even after the asset increase, the current ratio of 0.1x implies most obligations are short-term and the company has little operating cushion.

Cash losses and accounting losses are not moving together: net loss was -$6.41M, but operating cash flow used -$1.66M. That gap usually means non-cash charges or balance-sheet movements are shaping the reported loss, while the immediate cash need is being bridged through outside funding.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score pending refresh

We are recalculating Apple iSports's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress
-20.62

Apple iSports scores -20.62, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($24.2M) relative to total liabilities ($6.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
2/6

Apple iSports passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 3 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality
0.26x

For every $1 of reported earnings, Apple iSports generates $0.26 in operating cash flow (-$1.7M OCF vs -$6.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-139.1x

Apple iSports earns $-139.1 in operating income for every $1 of interest expense (-$6.6M vs $47K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$0

Apple iSports generated $0 in revenue in fiscal year 2025.

EBITDA
N/A
Net Income
-$6.4M

Apple iSports reported -$6.4M in net income in fiscal year 2025.

EPS (Diluted)
$-0.03

Apple iSports earned $-0.03 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$56K
YoY+32.7%
5Y CAGR+31.8%
10Y CAGR+59.8%

Apple iSports held $56K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
220M
YoY+5.4%
5Y CAGR+95.8%

Apple iSports had 220M shares outstanding in fiscal year 2025. This represents an increase of 5.4% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

AAPI Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $0 N/A $0 $0 $0 N/A $0 $0
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A $0 $0
SG&A Expenses $60K N/A $43K+46.2% $29K-5.6% $31K N/A $117K-60.3% $294K
Operating Income -$437K N/A N/A -$632K N/A N/A -$724K N/A
Interest Expense $22K N/A $13K+46.5% $9K-1.0% $9K N/A $21K-16.1% $25K
Income Tax $0 N/A $0 $0 $0 N/A $0 $0
Net Income -$385K N/A N/A -$547K N/A N/A -$749K-45.3% -$515K
EPS (Diluted) $0.00 N/A $0.01 $0.00+100.0% $-0.01 N/A $0.00 $0.00

AAPI Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $2.4M-3.1% $2.5M+584.9% $360K-10.9% $404K+23.4% $328K+20.4% $272K+41.1% $193K-6.0% $205K
Current Assets $563K-10.4% $629K+1741.2% $34K-56.9% $79K-49.1% $156K+52.9% $102K+46.9% $69K-18.5% $85K
Cash & Equivalents $860-98.5% $56K+501.2% $9K-86.5% $69K-52.9% $146K+245.6% $42K+514.1% $7K-83.6% $42K
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $6.8M+3.8% $6.5M+6.9% $6.1M+18.5% $5.2M+21.4% $4.2M-36.1% $6.6M+7.2% $6.2M+16.2% $5.3M
Current Liabilities $6.8M+3.8% $6.5M+6.9% $6.1M+18.5% $5.2M+21.4% $4.2M-36.1% $6.6M+7.2% $6.2M+16.2% $5.3M
Long-Term Debt N/A N/A N/A N/A N/A $2.7M N/A N/A
Total Equity -$4.4M-8.0% -$4.1M+29.3% -$5.7M-21.0% -$4.7M-21.2% -$3.9M+38.5% -$6.4M-6.1% -$6.0M-17.1% -$5.1M
Retained Earnings -$20.1M-2.0% -$19.7M+8.6% -$21.5M-26.6% -$17.0M-3.3% -$16.5M-24.1% -$13.3M-6.5% -$12.5M-7.1% -$11.6M

AAPI Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow -$173K-107.6% $2.3M+944.6% -$269K N/A -$477K-6.9% -$447K-46.0% -$306K+59.0% -$746K
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow $600 $0 $0 $0+100.0% -$600 $0 $0+100.0% -$30K
Financing Cash Flow $118K+105.3% -$2.2M-1159.9% $210K N/A $588K+4.2% $564K+138.0% $237K-69.5% $778K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

AAPI Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets -16.1% N/A N/A -135.2% N/A N/A -388.4%-137.2pp -251.2%
Current Ratio 0.08-0.0 0.10+0.1 0.010.0 0.02-0.0 0.04+0.0 0.020.0 0.010.0 0.02
Debt-to-Equity -1.55+0.1 -1.61-0.5 -1.06+0.0 -1.090.0 -1.08-0.7 -0.42+0.6 -1.030.0 -1.04
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$4.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.10), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Frequently Asked Questions

Apple iSports (AAPI) reported $0 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, Apple iSports (AAPI) reported a net income of -$6.4M in fiscal year 2025.

Apple iSports (AAPI) reported diluted earnings per share of $-0.03 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Apple iSports (AAPI) generated -$1.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Apple iSports (AAPI) had $2.5M in total assets as of fiscal year 2025, including both current and long-term assets.

Apple iSports (AAPI) had 220M shares outstanding as of fiscal year 2025.

Apple iSports (AAPI) had a current ratio of 0.10 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Apple iSports (AAPI) had a debt-to-equity ratio of -1.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Apple iSports (AAPI) had a return on assets of -259.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Apple iSports (AAPI) had $56K in cash against an annual operating cash burn of $1.7M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Apple iSports (AAPI) has negative shareholder equity of -$4.1M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Apple iSports (AAPI) has an Altman Z-Score of -20.62, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Apple iSports (AAPI) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Apple iSports (AAPI) has an earnings quality ratio of 0.26x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Apple iSports (AAPI) has an interest coverage ratio of -139.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Back to top