Apptech Paym Financials

APCXW

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 24/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Apptech Paym has an operating margin of -3459.1%, meaning the company retains $-3459 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 -3806.6% the prior year.

Growth

Apptech Paym's revenue declined 45.2% year-over-year, from $504K to $276K. This contraction results in a growth score of 0/100.

Leverage

Apptech Paym carries a low D/E ratio of 0.64, meaning only $0.64 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Apptech Paym's current ratio of 0.70 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 8/100, which could limit financial flexibility.

Piotroski F-Score Neutral

4/9

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

Earnings Quality Low Quality

0.83x

For every $1 of reported earnings, Apptech Paym generates $0.83 in operating cash flow (-$7.5M OCF vs -$8.9M 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

-367.2x

Apptech Paym earns $-367.2 in operating income for every $1 of interest expense (-$9.5M vs $26K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

This page shows Apptech Paym (APCXW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).

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Key Financial Metrics

Revenue

$276K

YoY-45.2%

5Y CAGR+1.5%

Apptech Paym generated $276K in revenue in fiscal year 2024. This represents a decrease of 45.2% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$8.9M

YoY+51.7%

Apptech Paym reported -$8.9M in net income in fiscal year 2024. This represents an increase of 51.7% from the prior year.

EPS (Diluted)

$-0.35

YoY+65.3%

Apptech Paym earned $-0.35 per diluted share (EPS) in fiscal year 2024. This represents an increase of 65.3% from the prior year.

Cash & Debt

$868K

YoY-32.2%

5Y CAGR+104.7%

Apptech Paym held $868K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

33M

YoY+49.6%

Apptech Paym had 33M shares outstanding in fiscal year 2024. This represents an increase of 49.6% from the prior year.

Gross Margin

81.2%

YoY+18.3pp

5Y CAGR+20.8pp

Apptech Paym's gross margin was 81.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 18.3 percentage points from the prior year.

Operating Margin

-3459.1%

YoY+347.5pp

5Y CAGR-3088.8pp

Apptech Paym's operating margin was -3459.1% in fiscal year 2024, reflecting core business profitability. This is up 347.5 percentage points from the prior year.

Net Margin

-3236.6%

YoY+436.4pp

5Y CAGR-2712.2pp

Apptech Paym's net profit margin was -3236.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 436.4 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$2.0M

YoY-43.5%

5Y CAGR+89.0%

Apptech Paym invested $2.0M in research and development in fiscal year 2024. This represents a decrease of 43.5% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

APCXW Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$276K-45.2%	$504K+12.0%	$450K+127018.6%	$354-99.9%	$330K+28.6%	$256K
Cost of Revenue	$52K-72.2%	$187K-15.0%	$220K+146566.7%	$150-99.9%	$140K+38.1%	$102K
Gross Profit	$224K-29.3%	$317K+37.8%	$230K+112645.1%	$204-99.9%	$189K+22.4%	$155K
R&D Expenses	$2.0M-43.5%	$3.5M-53.7%	$7.6M+4471497.6%	$169-99.7%	$49K-40.0%	$82K
SG&A Expenses	$7.8M-21.1%	$9.9M+23.4%	$8.0M+95185.2%	$8K-99.8%	$3.7M+267.3%	$1.0M
Operating Income	-$9.5M+50.2%	-$19.2M-18.2%	-$16.2M-21095.9%	$77K+102.1%	-$3.6M-280.6%	-$948K
Interest Expense	$26K-50.0%	$52K-87.5%	$417K+13304.1%	$3K-99.1%	$342K+18.5%	$289K
Income Tax	$0	$0	$0	N/A	N/A	$0
Net Income	-$8.9M+51.7%	-$18.5M-13.7%	-$16.3M+79.5%	-$79.2M-1792.5%	-$4.2M-211.7%	-$1.3M
EPS (Diluted)	$-0.35+65.3%	$-1.01-1.0%	$-1.00	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$227K-22.0%	$291K+34.1%	$217K+317.3%	$52K-31.6%	$76K-27.6%	$105K-25.5%	$141K+0.7%	$140K
Cost of Revenue	$100K-6.5%	$107K-16.4%	$128K+4166.7%	$3K-78.6%	$14K+27.3%	$11K-60.7%	$28K-36.4%	$44K
Gross Profit	$127K-31.0%	$184K+106.7%	$89K+81.6%	$49K-21.0%	$62K-34.0%	$94K-16.8%	$113K+17.7%	$96K
R&D Expenses	$325K-64.3%	$910K+16.7%	$780K+11.7%	$698K+10.3%	$633K-1.7%	$644K-11.0%	$724K-3.6%	$751K
SG&A Expenses	$1.4M+18.9%	$1.2M-41.2%	$2.0M+74.5%	$1.1M-51.5%	$2.3M-6.5%	$2.5M-10.0%	$2.8M+23.8%	$2.2M
Operating Income	-$1.6M+16.5%	-$1.9M+29.2%	-$2.7M-49.6%	-$1.8M+38.6%	-$2.9M+4.6%	-$3.0M+10.0%	-$3.4M-16.9%	-$2.9M
Interest Expense	N/A	N/A	$33K+222.2%	-$27K-184.4%	$32K+966.7%	$3K-40.0%	$5K+25.0%	$4K
Income Tax	$0	$0	$0	$0	$0	$0	$0	$0
Net Income	-$1.7M+6.9%	-$1.9M+29.6%	-$2.6M-178.3%	-$949K+67.5%	-$2.9M+3.8%	-$3.0M+10.3%	-$3.4M-17.2%	-$2.9M
EPS (Diluted)	$-0.05+16.7%	$-0.06+25.0%	$-0.08-300.0%	$-0.02+83.3%	$-0.12+7.7%	$-0.13+13.3%	$-0.150.0%	$-0.15

APCXW Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$9.0M+7.6%	$8.4M-33.3%	$12.5M+165561.0%	$8K-98.0%	$380K+347.0%	$85K
Current Assets	$2.4M+59.6%	$1.5M-65.7%	$4.4M+711314.8%	$622-99.4%	$105K+23.4%	$85K
Cash & Equivalents	$868K-32.2%	$1.3M-63.0%	$3.5M+43274900.0%	$8-100.0%	$58K+140.1%	$24K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$43K+43.3%	$30K-41.2%	$51K+127400.0%	$40-99.9%	$41K+36.2%	$30K
Goodwill	$1.2M0.0%	$1.2M	$0	N/A	N/A	N/A
Total Liabilities	$3.5M-15.4%	$4.2M-18.4%	$5.1M+14080.7%	-$36K-109.4%	$388K-94.8%	$7.5M
Current Liabilities	$3.4M-15.7%	$4.1M-17.2%	$4.9M+67578.2%	$7K-99.9%	$8.2M+11.4%	$7.4M
Long-Term Debt	N/A	N/A	N/A	N/A	$67K	N/A
Total Equity	$5.5M+30.4%	$4.2M-43.5%	$7.4M+16772.7%	$44K+636.9%	-$8K+99.9%	-$7.4M
Retained Earnings	-$168.7M-5.6%	-$159.7M-13.7%	-$140.5M-113009.4%	-$124K+99.7%	-$44.9M-10.3%	-$40.8M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$6.2M-3.7%	$6.5M-6.1%	$6.9M-23.1%	$9.0M+39.0%	$6.5M-21.6%	$8.3M-1.2%	$8.4M+241.9%	$2.4M
Current Assets	$565K+42.3%	$397K-46.3%	$739K-69.5%	$2.4M+637.8%	$328K-81.4%	$1.8M+16.1%	$1.5M+83.1%	$828K
Cash & Equivalents	$439K+218.1%	$138K-66.9%	$417K-52.0%	$868K+5325.0%	$16K-99.0%	$1.6M+21.2%	$1.3M+410.4%	$251K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$96K+11.6%	$86K-1.1%	$87K+102.3%	$43K+186.7%	$15K-31.8%	$22K-26.7%	$30K-88.1%	$253K
Goodwill	$1.2M0.0%	$1.2M0.0%	$1.2M0.0%	$1.2M0.0%	$1.2M0.0%	$1.2M0.0%	$1.2M	N/A
Total Liabilities	$4.8M+22.2%	$4.0M+21.6%	$3.2M-7.7%	$3.5M-25.5%	$4.7M+13.3%	$4.2M+0.2%	$4.2M+155.6%	$1.6M
Current Liabilities	$4.8M+22.6%	$3.9M+22.1%	$3.2M-7.3%	$3.4M-26.2%	$4.7M+13.5%	$4.1M+0.6%	$4.1M+167.0%	$1.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.4M-44.1%	$2.5M-30.8%	$3.7M-33.0%	$5.5M+214.2%	$1.7M-57.4%	$4.1M-2.7%	$4.2M+414.0%	$816K
Retained Earnings	-$174.9M-1.0%	-$173.2M-1.1%	-$171.3M-1.6%	-$168.7M-1.8%	-$165.7M-1.8%	-$162.8M-1.9%	-$159.7M-2.2%	-$156.4M

APCXW Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$7.5M+15.8%	-$8.9M-8.0%	-$8.2M-449160.3%	-$2K+99.7%	-$591K+22.2%	-$761K
Capital Expenditures	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
Investing Cash Flow	-$1.2M-131.8%	-$500K+72.1%	-$1.8M-151039.2%	-$1K-120.0%	$6K+123.6%	-$25K
Financing Cash Flow	$8.2M+14.3%	$7.2M-46.6%	$13.4M+453935.8%	$3K-99.5%	$619K-23.4%	$808K
Dividends Paid	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

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$749K+41.4%	-$1.3M+29.0%	-$1.8M+27.6%	-$2.5M-43.3%	-$1.7M+19.7%	-$2.2M+6.5%	-$2.3M-105.0%	-$1.1M
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	N/A	N/A	$0+100.0%	-$592K	$0	$0+100.0%	-$450K-800.0%	-$50K
Financing Cash Flow	$1.1M+5.0%	$1.0M-25.9%	$1.4M-64.9%	$3.8M+1822.5%	$200K-91.8%	$2.4M-35.8%	$3.8M+457.1%	$681K
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

APCXW Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	81.2%+18.3pp	62.9%+11.8pp	51.1%-6.5pp	57.6%+0.2pp	57.4%-2.9pp	60.3%
Operating Margin	-3459.1%+347.5pp	-3806.6%-199.0pp	-3607.6%-25449.4pp	21841.8%+22937.3pp	-1095.5%-725.2pp	-370.3%
Net Margin	-3236.6%+436.4pp	-3673.0%-55.0pp	-3618.0%+22382128.9pp	-22385746.9%-22384476.1pp	-1270.8%-746.4pp	-524.4%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-99.4%+122.2pp	-221.6%-91.6pp	-130.1%+1048507.6pp	-1048637.6%-1047534.8pp	-1102.8%+478.5pp	-1581.3%
Current Ratio	0.70+0.3	0.37-0.5	0.90+0.8	0.09+0.1	0.010.0	0.01
Debt-to-Equity	0.64-0.3	0.99+0.3	0.69+1.5	-0.83+7.4	-8.22-7.2	-1.01
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	56.0%-7.3pp	63.2%+22.2pp	41.0%-53.2pp	94.2%+12.7pp	81.6%-7.9pp	89.5%+9.4pp	80.1%+11.6pp	68.6%
Operating Margin	-692.1%-45.7pp	-646.4%+577.6pp	-1224.0%+2189.5pp	-3413.5%+390.5pp	-3803.9%-917.3pp	-2886.7%-498.0pp	-2388.7%-330.1pp	-2058.6%
Net Margin	-762.6%-123.4pp	-639.2%+577.9pp	-1217.0%+607.9pp	-1825.0%+2019.7pp	-3844.7%-952.4pp	-2892.4%-490.3pp	-2402.1%-337.1pp	-2065.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-27.7%+1.0pp	-28.7%+9.5pp	-38.2%-27.6pp	-10.6%+34.6pp	-45.2%-8.4pp	-36.8%+3.7pp	-40.6%+77.8pp	-118.3%
Current Ratio	0.12+0.0	0.10-0.1	0.23-0.5	0.70+0.6	0.07-0.4	0.43+0.1	0.37-0.2	0.54
Debt-to-Equity	3.41+1.9	1.56+0.7	0.89+0.2	0.64-2.1	2.71+1.7	1.02+0.0	0.99-1.0	1.99
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.70), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Apptech Paym's annual revenue?

Apptech Paym (APCXW) reported $276K in total revenue for fiscal year 2024. This represents a -45.2% 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 Apptech Paym's revenue growing?

Apptech Paym (APCXW) revenue declined by 45.2% year-over-year, from $504K to $276K in fiscal year 2024.

Is Apptech Paym profitable?

No, Apptech Paym (APCXW) reported a net income of -$8.9M in fiscal year 2024, with a net profit margin of -3236.6%.

What is Apptech Paym's earnings per share (EPS)?

Apptech Paym (APCXW) reported diluted earnings per share of $-0.35 for fiscal year 2024. This represents a 65.3% 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.

What is Apptech Paym's gross margin?

Apptech Paym (APCXW) had a gross margin of 81.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Apptech Paym's operating margin?

Apptech Paym (APCXW) had an operating margin of -3459.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Apptech Paym's net profit margin?

Apptech Paym (APCXW) had a net profit margin of -3236.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Apptech Paym's operating cash flow?

Apptech Paym (APCXW) generated -$7.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Apptech Paym's total assets?

Apptech Paym (APCXW) had $9.0M in total assets as of fiscal year 2024, including both current and long-term assets.

How much does Apptech Paym spend on research and development?

Apptech Paym (APCXW) invested $2.0M in research and development during fiscal year 2024.

How many shares does Apptech Paym have outstanding?

Apptech Paym (APCXW) had 33M shares outstanding as of fiscal year 2024.

What is Apptech Paym's current ratio?

Apptech Paym (APCXW) had a current ratio of 0.70 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Apptech Paym's debt-to-equity ratio?

Apptech Paym (APCXW) had a debt-to-equity ratio of 0.64 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Apptech Paym's return on assets (ROA)?

Apptech Paym (APCXW) had a return on assets of -99.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Apptech Paym's cash runway?

Based on fiscal year 2024 data, Apptech Paym (APCXW) had $868K in cash against an annual operating cash burn of $7.5M. This gives an estimated cash runway of approximately 1 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.

What is Apptech Paym's Piotroski F-Score?

Apptech Paym (APCXW) has a Piotroski F-Score of 4 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Apptech Paym's earnings high quality?

Apptech Paym (APCXW) has an earnings quality ratio of 0.83x, 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.

Can Apptech Paym cover its interest payments?

Apptech Paym (APCXW) has an interest coverage ratio of -367.2x, 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.

How financially healthy is Apptech Paym?

Apptech Paym (APCXW) scores 24 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.