Apptech (APCX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the APCX SEC filings page.
Apptech (APCX) reported $4.0M in revenue over the twelve months to Jun 30, 2026, up 563.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Development spending and financing, rather than customer cash generation, remain the operating engine despite FY2025 revenue expansion.
FY2025 revenue expanded fivefold from FY2024, yet gross margin compressed from81.2% to55.3% ; that combination points to a changed or less-profitable revenue mix rather than simple scale benefits. Meanwhile, SG&A and R&D totaled$8.4M against$771K of gross profit, so the larger top line still leaves a substantial cost base to absorb.
The company is in a development-stage spending pattern: R&D was
Operating cash flow remained negative through FY2025 but narrowed from
Financial Health Signals
Apptech does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Apptech scores -28.35, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($14.9M) relative to total liabilities ($7.5M). 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.
Apptech passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Apptech reported a net loss of $7.9M while operations used $4.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Apptech reported an operating loss of $7.6M against $121K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Apptech generated $1.7M in revenue in Q2 2026. This represents an increase of 469.4% from the same quarter a year earlier. Against the prior quarter it is up 13.7%.
Apptech reported -$1.0M in net income in Q2 2026. This represents an increase of 45.6% from the same quarter a year earlier. Against the prior quarter it is up 69.4%.
Apptech earned -$0.02 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 75.0%.
Not reported for Q2 2026.
Cash & Balance Sheet
Apptech held $183K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Apptech's gross margin was 53.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 9.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.2 percentage points.
Apptech's operating margin was -53.6% in Q2 2026, reflecting core business profitability. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Apptech's net profit margin was -61.1% in Q2 2026, showing the share of revenue converted to profit. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q2 2026.
Capital Allocation
Apptech invested $332K in research and development in Q2 2026. This represents a decrease of 63.5% from the same quarter a year earlier. Against the prior quarter it is down 11.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
APCX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M+469.4% | $1.5M+571.4% | $660K+1169.2% | $227K+427.9% | $291K+282.9% | $217K+106.7% | $52K-63.1% | $43K-69.3% |
| Cost of Revenue | $772K+621.5% | $646K+404.7% | $289K+9533.3% | $100K+316.7% | $107K+664.3% | $128K+1063.6% | $3K-89.3% | $24K-45.5% |
| Gross Profit | $885K+381.0% | $811K+811.2% | $371K+657.1% | $127K+568.4% | $184K+196.8% | $89K-5.3% | $49K-56.6% | $19K-80.2% |
| R&D Expenses | $332K-63.5% | $375K-51.9% | $332K-52.4% | $325K+16150.0% | $910K+43.8% | $780K+21.1% | $698K-3.6% | $2K-99.7% |
| SG&A Expenses | $1.4M+24.8% | $3.3M+67.1% | $1.5M+34.1% | $1.4M-26.5% | $1.2M-50.2% | $2.0M-20.8% | $1.1M-59.2% | $1.9M-16.2% |
| Operating Income | -$888K+52.8% | -$2.8M-7.2% | -$1.5M+17.1% | -$1.6M+15.1% | -$1.9M+34.9% | -$2.7M+12.4% | -$1.8M+47.3% | -$1.9M+35.8% |
| Interest Expense | $209K+903.8% | $196K+493.9% | N/A | N/A | -$26K-181.3% | $33K+1000.0% | -$27K-640.0% | $18K+350.0% |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$1.0M+45.6% | -$3.3M-25.3% | -$1.7M-78.4% | -$1.7M+14.5% | -$1.9M+36.3% | -$2.6M+13.0% | -$946K+72.0% | -$2.0M+30.0% |
| EPS (Basic) | -$0.02+66.7% | -$0.080.0% | -$0.04-100.0% | -$0.05+37.5% | -$0.06+50.0% | -$0.08+38.5% | -$0.02+86.7% | -$0.08+46.7% |
| EPS (Diluted) | -$0.02 | -$0.080.0% | -$0.04-100.0% | -$0.05+37.5% | -$0.06+50.0% | -$0.08+38.5% | -$0.02 | -$0.08+46.7% |
| Diluted Shares (Avg) | 42M | 42M+25.4% | N/A | 34M+31.4% | 34M+35.9% | 33M+47.7% | N/A | 26M+37.7% |
Not reported in any period shown, so not listed: EBITDA.
APCX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.9M+37.9% | $9.1M+32.2% | $9.4M+4.5% | $6.2M-5.6% | $6.5M+0.3% | $6.9M-16.2% | $9.0M+7.6% | $6.6M+170.7% |
| Current Assets | $980K+146.9% | $1.1M+47.5% | $915K-62.2% | $565K+81.1% | $397K+21.0% | $739K-58.0% | $2.4M+59.6% | $312K-62.3% |
| Cash & Equivalents | $183K+32.6% | $110K-73.6% | $244K-71.9% | $439K+322.1% | $138K+762.5% | $417K-73.1% | $868K-32.2% | $104K-58.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $482K+460.5% | $665K+664.4% | $350K+714.0% | $96K+700.0% | $86K+473.3% | $87K+295.5% | $43K+43.3% | $12K-95.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $3.0M+154.6% | $3.0M+154.6% | $3.0M+154.6% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M |
| Total Liabilities | $9.4M+137.3% | $8.8M+172.1% | $7.5M+113.1% | $4.8M-7.4% | $4.0M-16.4% | $3.2M-22.0% | $3.5M-15.4% | $5.2M+220.5% |
| Current Liabilities | $6.8M+74.9% | $6.7M+109.6% | $6.4M+87.2% | $4.8M-7.4% | $3.9M-16.5% | $3.2M-22.3% | $3.4M-15.7% | $5.2M+237.2% |
| Non-Current Liabilities | $2.6M+4178.3% | $2.2M+3436.1% | $1.1M+1240.5% | $60K-3.2% | $60K-4.8% | $61K-3.2% | $79K0.0% | $62K-37.4% |
| Total Equity | -$431K-117.0% | $297K-91.9% | $1.9M-65.4% | $1.4M+1.2% | $2.5M+45.7% | $3.7M-10.3% | $5.5M+30.4% | $1.4M+71.4% |
| Retained Earnings | -$180.9M-4.5% | -$179.9M-5.0% | -$176.6M-4.7% | -$174.9M-4.3% | -$173.2M-4.5% | -$171.3M-5.3% | -$168.7M-5.6% | -$167.7M-7.3% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
APCX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$776K+39.3% | -$913K+49.3% | -$1.1M+57.4% | -$749K+29.8% | -$1.3M+26.4% | -$1.8M+16.8% | -$2.5M-7.6% | -$1.1M+5.5% |
| Stock-Based Compensation | N/A | $1.7M+104.8% | N/A | N/A | N/A | $836K+71.7% | N/A | N/A |
| Investing Cash Flow | -$1K | $0 | -$1.9M-218.2% | $0+100.0% | $0 | $0 | -$592K-31.6% | -$567K-1034.0% |
| Financing Cash Flow | $850K-15.0% | $779K-42.3% | $2.7M-28.5% | $1.1M-39.0% | $1.0M+400.0% | $1.4M-44.6% | $3.8M+1.3% | $1.7M+152.9% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
APCX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.4%-9.8pp | 55.7%+14.6pp | 56.2%-38.0pp | 56.0%+11.8pp | 63.2%-18.4pp | 41.0%-48.5pp | 94.2%+14.1pp | 44.2%-24.4pp |
| Operating Margin | -53.6% | -195.5% | -222.9% | -692.1% | -646.4% | -1224.0% | -3413.5% | -4302.3% |
| Net Margin | -61.1% | -227.0% | -255.8% | -762.6% | -639.2% | -1217.0% | -1819.2% | -4709.3% |
| Return on Equity | N/A | -1113.8%-1041.7pp | -89.2%-71.9pp | -122.2%+22.5pp | -73.4%+94.6pp | -72.1%+2.3pp | -17.3%+63.2pp | -144.8%+209.5pp |
| Return on Assets | -11.3%+17.4pp | -36.2%+2.0pp | -18.0%-7.4pp | -27.7%+2.9pp | -28.7%+16.5pp | -38.2%-1.4pp | -10.5%+29.9pp | -30.6%+87.7pp |
| Current Ratio | 0.140.0x | 0.16-0.1x | 0.14-0.6x | 0.12+0.1x | 0.100.0x | 0.23-0.2x | 0.70+0.3x | 0.06-0.5x |
| Debt-to-Equity | N/A | 29.76+28.9x | 3.96+3.3x | 3.41-0.3x | 1.56-1.2x | 0.89-0.1x | 0.64-0.3x | 3.73+1.7x |
| Asset Turnover | 0.19+0.1x | 0.16+0.1x | 0.07+0.1x | 0.040.0x | 0.040.0x | 0.030.0x | 0.010.0x | 0.01-0.1x |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: The current ratio is below 1.0 (0.14), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Apptech APCX | FY2025 | $1.4M | -$7.9M | N/A | $14.9M | — |
| Borqs Technologi BRQSF | FY2025 | $13.6M | $5.4M | 39.4% | $4.5M | — |
Where Apptech Ranks
Frequently Asked Questions
What is Apptech's annual revenue?
Apptech (APCX) reported $1.4M in total revenue for fiscal year 2025. This represents a 405.4% 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 Apptech's revenue growing?
Apptech (APCX) revenue grew by 405.4% year-over-year, from $276K to $1.4M in fiscal year 2025.
Is Apptech profitable?
No, Apptech (APCX) reported a net income of -$7.9M in fiscal year 2025.
What is Apptech's gross margin?
Apptech (APCX) had a gross margin of 55.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Apptech's return on equity (ROE)?
Apptech (APCX) has a return on equity of -418.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Apptech's operating cash flow?
Apptech (APCX) recorded an outflow of $4.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Apptech's total assets?
Apptech (APCX) had $9.4M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Apptech spend on research and development?
Apptech (APCX) invested $2.3M in research and development during fiscal year 2025.
What is Apptech's current ratio?
Apptech (APCX) had a current ratio of 0.14 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Apptech's debt-to-equity ratio?
Apptech (APCX) had a debt-to-equity ratio of 3.96 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Apptech's return on assets (ROA)?
Apptech (APCX) had a return on assets of -84.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Apptech's P/E ratio?
Apptech (APCX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $14.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Apptech's price-to-sales ratio?
Apptech (APCX) trades at 3.7x sales, its market capitalization divided by revenue of $4.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $14.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Apptech's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Apptech (APCX) held $244K in cash, cash equivalents and investments, and reported an operating cash outflow of $4.9M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Apptech's Altman Z-Score?
Apptech (APCX) has an Altman Z-Score of -28.35, 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.
What is Apptech's Piotroski F-Score?
Apptech (APCX) has a Piotroski F-Score of 3 out of 8 computable signals; 1 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.
Are Apptech's earnings high quality?
Apptech (APCX) reported a net loss of $7.9M while operations used $4.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Can Apptech cover its interest payments?
Apptech (APCX) reported an operating loss of $7.6M against $121K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.