Ankam Financials

ANKM

Source SEC Filings (10-K/10-Q) Updated Feb 28, 2026 Currency USD FYE November

This page shows Ankam (ANKM) 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).

Rhea AI ANKM FY2025 2026-04-30

Revenue scale-up is finally covering more overhead, but the balance sheet still carries a liability load the turnaround has not erased.

From FY2024 to FY2025, operating loss narrowed from -$291K to -$67K. Over the same span, operating cash flow flipped from -$158K to $109K, which means the recent sales increase is not just cosmetic accounting growth; it is now funding a meaningful share of day-to-day operations.

FY2025 still shows a net margin of -20.7%, so the company is not through the income-statement gap yet. But with gross margin at 53.9% and a much smaller operating deficit, the visible improvement looks more like fixed overhead being absorbed by higher volume than a simple one-off cut in spending.

The jump in cash to $131.7K improves flexibility, but it does not solve short-term liquidity: the current ratio is only 0.2x. That matters because total liabilities still outweigh assets by a wide margin, so the operating model is improving inside a capital structure that remains dependent on creditors rather than balance-sheet cushion.

Financial Health Signals

Financial Profile 17/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Ankam's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Ankam has an operating margin of -20.7%, meaning the company retains $-21 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -278.8% the prior year.

Growth

100

Ankam's revenue surged 211.2% year-over-year to $325K, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Liquidity

Ankam's current ratio of 0.35 is below the typical benchmark, resulting in a score of 1/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Neutral

6/9

Ankam passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-1.63x

For every $1 of reported earnings, Ankam generates $-1.63 in operating cash flow ($109K OCF vs -$67K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$325K

YoY+211.2%

Ankam generated $325K in revenue in fiscal year 2025. This represents an increase of 211.2% from the prior year.

EBITDA

N/A

Net Income

-$67K

YoY+50.9%

Ankam reported -$67K in net income in fiscal year 2025. This represents an increase of 50.9% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$24K

YoY+41596.5%

Ankam held $24K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.0%

Ankam had 5M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

53.9%

YoY-46.1pp

Ankam's gross margin was 53.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 46.1 percentage points from the prior year.

Operating Margin

-20.7%

YoY+258.1pp

Ankam's operating margin was -20.7% in fiscal year 2025, reflecting core business profitability. This is up 258.1 percentage points from the prior year.

Net Margin

-20.7%

YoY+110.4pp

Ankam's net profit margin was -20.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 110.4 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

YoY-100.0%

Ankam invested $0 in research and development in fiscal year 2025. This represents a decrease of 100.0% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

ANKM Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$325K+211.2%	$104K+284.4%	$27K+1443.9%	$2K	N/A
Cost of Revenue	$150K	$0	N/A	N/A	N/A
Gross Profit	$175K+67.6%	$104K	N/A	N/A	N/A
R&D Expenses	$0-100.0%	$27K	N/A	N/A	N/A
SG&A Expenses	$2K+60.6%	$1K+185.9%	$390-62.9%	$1K-72.5%	$4K
Operating Income	-$67K+76.9%	-$291K+2.3%	-$298K	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	N/A	N/A
Net Income	-$67K+50.9%	-$137K+51.0%	-$279K-404.9%	-$55K-160.1%	-$21K
EPS (Diluted)	N/A	$-0.03+50.0%	$-0.06	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$0	N/A	$0-100.0%	$165K+120.0%	$75K+6.2%	$71K+711.9%	$9K-43.5%	$15K
Cost of Revenue	$0	N/A	$5K-92.2%	$63K+57.5%	$40K	$0	$0	$0
Gross Profit	$0	N/A	-$5K-104.8%	$102K+191.4%	$35K-50.4%	$71K+711.9%	$9K-43.5%	$15K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$0	N/A	$71-95.7%	$2K	$0-100.0%	$871+1282.5%	$63-28.4%	$88
Operating Income	N/A	N/A	-$61K-208.8%	$56K+626.3%	-$11K+65.0%	-$30K+57.1%	-$70K+2.0%	-$72K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	N/A	$0	$0	$0	$0	$0	$0
Net Income	N/A	N/A	-$61K-208.7%	$56K+626.3%	-$11K+65.0%	-$30K-136.0%	$84K+216.8%	-$72K
EPS (Diluted)	N/A	N/A	N/A	$0.01+534.8%	$-0.00	N/A	$0.01+150.0%	$-0.02

ANKM Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$281K+57.0%	$179K+65.0%	$108K-75.7%	$446K+4000.7%	$11K
Current Assets	$216K+190.7%	$74K-13.9%	$86K-51.3%	$177K+4169.2%	$4K
Cash & Equivalents	$24K+41596.5%	$57-80.1%	$286-87.4%	$2K+159.6%	$877
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$55K	$0-100.0%	$21K+345.6%	$5K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$620K+23.3%	$503K+16.0%	$434K-11.9%	$492K+1344.5%	$34K
Current Liabilities	$620K+23.3%	$503K+16.0%	$434K-11.9%	$492K+1344.5%	$34K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	-$340K-4.8%	-$324K+0.4%	-$325K-604.9%	-$46K-98.9%	-$23K
Retained Earnings	-$513K-3.1%	-$498K-37.9%	-$361K-341.5%	-$82K-409.1%	$26K

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$40K-78.0%	$184K-34.6%	$281K-24.3%	$371K+42.3%	$261K+45.8%	$179K+0.7%	$177K-12.3%	$202K
Current Assets	$2K-98.6%	$132K-38.9%	$216K-26.3%	$293K+72.9%	$169K+128.1%	$74K+24.2%	$60K-16.4%	$71K
Cash & Equivalents	$2K-98.6%	$132K+454.2%	$24K-82.4%	$135K+236161.4%	$570.0%	$57-99.7%	$19K+1694.7%	$1K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	$55K-15.4%	$65K-13.3%	$75K	$0	$0	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$635K+10.4%	$575K-7.3%	$620K-4.5%	$650K+9.2%	$595K+18.4%	$503K+6.7%	$471K-34.4%	$718K
Current Liabilities	$635K+10.4%	$575K-7.3%	$620K-4.5%	$650K+9.2%	$595K+18.4%	$503K+6.7%	$471K-34.4%	$718K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$594K-51.9%	-$391K-15.2%	-$340K-21.7%	-$279K+16.6%	-$335K-3.3%	-$324K-10.3%	-$294K+43.0%	-$516K
Retained Earnings	-$768K-36.0%	-$565K-10.1%	-$513K-13.4%	-$453K+11.0%	-$508K-2.1%	-$498K-6.5%	-$468K+15.2%	-$551K

ANKM Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$109K+169.5%	-$158K+50.8%	-$320K-337.5%	$135K+450.1%	$25K
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	$0	$0-100.0%	$241K+213.5%	$77K+1243.3%	-$7K
Financing Cash Flow	$22K-85.9%	$157K+104.3%	$77K-63.9%	$213K+567.6%	$32K
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	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$158K-340.3%	$66K+160.6%	-$109K-171.5%	$152K	$0+100.0%	-$12K+91.2%	-$142K-61.3%	-$88K
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	$0	$0	$0	$0	$0-100.0%	$131K+13139800.0%	$1-100.0%	$27K
Financing Cash Flow	$29K-32.0%	$42K+2200.0%	-$2K+88.8%	-$18K	$0+100.0%	-$138K-186.3%	$160K+159.3%	$62K
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

ANKM Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	53.9%-46.1pp	100.0%	N/A	N/A	N/A
Operating Margin	-20.7%+258.1pp	-278.8%+818.1pp	-1096.9%	N/A	N/A
Net Margin	-20.7%+110.4pp	-131.0%+896.3pp	-1027.3%+2114.2pp	-3141.5%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	-23.9%+52.6pp	-76.6%+181.1pp	-257.7%-245.3pp	-12.4%+183.0pp	-195.4%
Current Ratio	0.35+0.2	0.15-0.1	0.20-0.2	0.36+0.2	0.12
Debt-to-Equity	-1.83-0.3	-1.55-0.2	-1.33+9.3	-10.67-9.2	-1.47
FCF Margin	N/A	N/A	N/A	N/A	N/A

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	61.8%+15.1pp	46.7%-53.3pp	100.0%0.0pp	100.0%0.0pp	100.0%
Operating Margin	N/A	N/A	N/A	33.8%+47.9pp	-14.1%+28.7pp	-42.8%+766.7pp	-809.5%-342.6pp	-466.9%
Net Margin	N/A	N/A	N/A	33.8%+47.9pp	-14.1%+28.7pp	-42.8%-1007.5pp	964.8%+1431.6pp	-466.9%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	-21.6%-36.6pp	15.0%+19.1pp	-4.1%+12.8pp	-16.9%-64.2pp	47.3%+82.8pp	-35.5%
Current Ratio	0.00-0.2	0.23-0.1	0.35-0.1	0.45+0.2	0.28+0.1	0.15+0.0	0.13+0.0	0.10
Debt-to-Equity	-1.07+0.4	-1.47+0.4	-1.83+0.5	-2.33-0.6	-1.78-0.2	-1.55+0.1	-1.60-0.2	-1.39
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$340K), 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 (0.35), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Ankam's annual revenue?

Ankam (ANKM) reported $325K in total revenue for fiscal year 2025. This represents a 211.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Ankam's revenue growing?

Ankam (ANKM) revenue grew by 211.2% year-over-year, from $104K to $325K in fiscal year 2025.

Is Ankam profitable?

No, Ankam (ANKM) reported a net income of -$67K in fiscal year 2025, with a net profit margin of -20.7%.

What is Ankam's gross margin?

Ankam (ANKM) had a gross margin of 53.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ankam's operating margin?

Ankam (ANKM) had an operating margin of -20.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Ankam's net profit margin?

Ankam (ANKM) had a net profit margin of -20.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Ankam's operating cash flow?

Ankam (ANKM) generated $109K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Ankam's total assets?

Ankam (ANKM) had $281K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Ankam have outstanding?

Ankam (ANKM) had 5M shares outstanding as of fiscal year 2025.

What is Ankam's current ratio?

Ankam (ANKM) had a current ratio of 0.35 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Ankam's debt-to-equity ratio?

Ankam (ANKM) had a debt-to-equity ratio of -1.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ankam's return on assets (ROA)?

Ankam (ANKM) had a return on assets of -23.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

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

Ankam (ANKM) has negative shareholder equity of -$340K 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.

What is Ankam's Piotroski F-Score?

Ankam (ANKM) has a Piotroski F-Score of 6 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Ankam's earnings high quality?

Ankam (ANKM) has an earnings quality ratio of -1.63x, considered mixed quality. 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.

How financially healthy is Ankam?

Ankam (ANKM) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.