What is Alr Technologies's earnings per share (EPS)?

Alr Technologies (ALRTF) reported diluted earnings per share of $-0.03 for fiscal year 2024. This represents a -200.0% change compared to the previous fiscal year. 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.

Alr Technologies Financials

ALRTF

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Alr Technologies (ALRTF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).

Financial Health Signals

Piotroski F-Score Weak

1/9

Alr Technologies passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.10x

For every $1 of reported earnings, Alr Technologies generates $0.10 in operating cash flow (-$1.5M OCF vs -$15.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$15.9M

YoY-112.4%

Alr Technologies reported -$15.9M in net income in fiscal year 2024. This represents a decrease of 112.4% from the prior year.

EPS (Diluted)

$-0.03

YoY-200.0%

Alr Technologies earned $-0.03 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 200.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$41K

YoY-31.2%

Alr Technologies held $41K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

635M

YoY+0.5%

Alr Technologies had 635M shares outstanding in fiscal year 2024. This represents an increase of 0.5% 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

$884K

YoY-37.1%

Alr Technologies invested $884K in research and development in fiscal year 2024. This represents a decrease of 37.1% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

ALRTF Income Statement

Metric	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	$26K+978.8%	$2K-68.3%	$7K	N/A
Cost of Revenue	N/A	$22K+1778.9%	$1K-53.4%	$3K	N/A
Gross Profit	N/A	$3K+188.8%	$1K-75.9%	$5K	N/A
R&D Expenses	$884K-37.1%	$1.4M+191.3%	$482K-3.4%	$499K-65.2%	$1.4M
SG&A Expenses	$2.0M-22.4%	$2.6M-9.4%	$2.9M+83.1%	$1.6M+8.8%	$1.4M
Operating Income	N/A	N/A	$4.3M+44.9%	$2.9M-23.0%	$3.8M
Interest Expense	-$12.4M-392.7%	-$2.5M+60.3%	-$6.4M-216.1%	$5.5M+158.4%	$2.1M
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	-$15.9M-112.4%	-$7.5M+29.6%	-$10.6M-25.8%	-$8.4M-42.7%	-$5.9M
EPS (Diluted)	$-0.03-200.0%	$-0.01+50.0%	$-0.02	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A

ALRTF Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20
Total Assets	$79K-48.8%	$155K-58.9%	$377K+95.3%	$193K	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$41K-31.2%	$59K-60.2%	$149K+28.2%	$116K+75.1%	$66K
Inventory	$11K-1.2%	$11K	N/A	N/A	N/A
Accounts Receivable	N/A	$41K	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$36.3M+13.2%	$32.1M+10.9%	$28.9M+18.1%	$24.5M	N/A
Current Liabilities	N/A	$32.1M+18.4%	$27.1M+10.5%	$24.5M	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	-$36.2M-13.5%	-$31.9M-11.8%	-$28.6M-17.5%	-$24.3M-11.7%	-$21.8M
Retained Earnings	-$136.0M-13.2%	-$120.1M-6.6%	-$112.6M-10.4%	-$102.0M	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21
Total Assets	$79K-48.8%	$155K-58.9%	$377K+95.3%	$193K
Current Assets	N/A	N/A	N/A	N/A
Cash & Equivalents	$41K-31.2%	$59K-60.2%	$149K+28.2%	$116K
Inventory	$11K-1.2%	$11K	N/A	N/A
Accounts Receivable	N/A	$41K	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$36.3M+13.2%	$32.1M+10.9%	$28.9M+18.1%	$24.5M
Current Liabilities	N/A	$32.1M+18.4%	$27.1M+10.5%	$24.5M
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	-$36.2M-13.5%	-$31.9M-11.8%	-$28.6M-17.5%	-$24.3M
Retained Earnings	-$136.0M-13.2%	-$120.1M-6.6%	-$112.6M-10.4%	-$102.0M

ALRTF Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$1.5M+5.1%	-$1.6M+37.0%	-$2.6M-15.7%	-$2.2M-129.7%	-$969K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$1.5M-1.2%	$1.5M-38.6%	$2.5M+9.7%	$2.3M+121.3%	$1.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21
Operating Cash Flow	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

ALRTF Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	13.5%-36.9pp	50.3%-15.9pp	66.2%	N/A
Operating Margin	N/A	N/A	180380.2%+140927.6pp	39452.6%	N/A
Net Margin	N/A	-29270.5%+419348.4pp	-448618.9%-335559.0pp	-113059.9%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	-19978.8%-15162.6pp	-4816.1%-2001.6pp	-2814.5%+1555.4pp	-4369.9%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	-1.000.0	-1.000.0	-1.010.0	-1.01	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A
Debt-to-Equity	-1.000.0	-1.000.0	-1.010.0	-1.01
FCF Margin	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$36.2M), 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.

Similar Companies

Fuse Medical FZMD

$7.4M

NUGEN MEDICAL DEVICES INC NGMDF

$3.0M

Adm Tronics ADMT

$4.7M

Remsleep Holding RMSL

$10.4M

Stimcell Energetics STME

$6.3M

Frequently Asked Questions

Is Alr Technologies profitable?

No, Alr Technologies (ALRTF) reported a net income of -$15.9M in fiscal year 2024.

What is Alr Technologies's operating cash flow?

Alr Technologies (ALRTF) generated -$1.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Alr Technologies's total assets?

Alr Technologies (ALRTF) had $79K in total assets as of fiscal year 2024, including both current and long-term assets.

How much does Alr Technologies spend on research and development?

Alr Technologies (ALRTF) invested $884K in research and development during fiscal year 2024.

How many shares does Alr Technologies have outstanding?

Alr Technologies (ALRTF) had 635M shares outstanding as of fiscal year 2024.

What is Alr Technologies's debt-to-equity ratio?

Alr Technologies (ALRTF) had a debt-to-equity ratio of -1.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Alr Technologies's return on assets (ROA)?

Alr Technologies (ALRTF) had a return on assets of -19978.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Alr Technologies's cash runway?

Based on fiscal year 2024 data, Alr Technologies (ALRTF) had $41K in cash against an annual operating cash burn of $1.5M. 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.

Why is Alr Technologies's debt-to-equity ratio negative or unusual?

Alr Technologies (ALRTF) has negative shareholder equity of -$36.2M as of fiscal year 2024, 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.

What is Alr Technologies's Piotroski F-Score?

Alr Technologies (ALRTF) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Alr Technologies's earnings high quality?

Alr Technologies (ALRTF) has an earnings quality ratio of 0.10x, 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.