Aqua Power Syste Financials

APSI

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2022 Currency USD FYE March

This page shows Aqua Power Syste (APSI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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

Earnings Quality Low Quality

-0.12x

For every $1 of reported earnings, Aqua Power Syste generates $-0.12 in operating cash flow (-$69K OCF vs $555K 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

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Revenue

Aqua Power Syste generated $0 in revenue in fiscal year 2022.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$555K

YoY+812.0%

Aqua Power Syste reported $555K in net income in fiscal year 2022. This represents an increase of 812.0% from the prior year.

EPS (Diluted)

$0.00

Aqua Power Syste earned $0.00 per diluted share (EPS) in fiscal year 2022.

Cash & Debt

$131K

5Y CAGR+5.5%

Aqua Power Syste held $131K in cash against $0 in long-term debt as of fiscal year 2022.

Dividends Per Share

N/A

Shares Outstanding

50M

YoY-15.1%

Aqua Power Syste had 50M shares outstanding in fiscal year 2022. This represents a decrease of 15.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

598.7%

Aqua Power Syste's ROE was 598.7% in fiscal year 2022, measuring profit generated per dollar of shareholder equity.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

APSI Income Statement

Metric	FY22	FY21	FY15	FY14	FY13	FY12
Revenue	$0	$0-100.0%	$2K-2.4%	$2K-5.0%	$2K-12.4%	$3K
Cost of Revenue	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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	$52K-45.5%	$95K+3.5%	$92K+157.3%	$36K
Operating Income	-$99K-1126.5%	-$8K+93.4%	-$123K+1.3%	-$125K+37.5%	-$199K-154.8%	-$78K
Interest Expense	N/A	N/A	$3K+1124.7%	$263	N/A	N/A
Income Tax	N/A	N/A	$0	$0	N/A	N/A
Net Income	$555K+812.0%	-$78K+25.0%	-$104K-4.0%	-$100K+28.0%	-$139K-77.2%	-$78K
EPS (Diluted)	$0.00	$0.00	N/A	N/A	N/A	N/A

Metric	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q1'21	Q3'21
Revenue	$0	$0	N/A	$0	$0	$0	N/A	$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	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	$16K	N/A	N/A	N/A	$0
Operating Income	-$19K+54.1%	-$41K	N/A	-$16K+36.2%	-$25K+42.0%	-$43K	N/A	$0
Interest Expense	N/A	$0	N/A	N/A	N/A	$17K	N/A	N/A
Income Tax	$0	N/A	N/A	N/A	$0	N/A	N/A	N/A
Net Income	-$36K+14.3%	-$41K	N/A	-$16K-102.5%	$646K+1167.9%	-$61K	N/A	-$18K
EPS (Diluted)	$0.00	$0.00	N/A	N/A	$0.00	$0.00	N/A	N/A

APSI Balance Sheet

Metric	FY22	FY21	FY15	FY14	FY13	FY12
Total Assets	$156K	$0-100.0%	$271K+51893.1%	$521-88.6%	$5K-93.0%	$65K
Current Assets	$133K	$0-100.0%	$271K+51893.1%	$521-88.6%	$5K-82.1%	$26K
Cash & Equivalents	$131K	$0-100.0%	$2K+838.7%	$160-95.6%	$4K-96.3%	$100K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	$257-28.8%	$361-60.3%	$910+698.2%	$114
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$63K-94.3%	$1.1M+201.8%	$366K+241.8%	$107K+67.7%	$64K+203.5%	$21K
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$93K+108.4%	-$1.1M-1059.1%	-$95K+10.6%	-$107K-79.8%	-$59K-233.9%	$44K
Retained Earnings	-$564K+49.6%	-$1.1M-130.1%	-$486K-27.2%	-$382K-19.2%	-$321K-55.2%	-$207K

Metric	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q1'21	Q3'21
Total Assets	$91K-24.6%	$120K-22.8%	$156K+11.6%	$140K	N/A	N/A	$0	N/A
Current Assets	$83K-14.6%	$97K-26.7%	$133K-5.1%	$140K	N/A	N/A	$0	N/A
Cash & Equivalents	$82K-13.7%	$95K-27.1%	$131K-6.3%	$140K-6.7%	$150K-9.4%	$165K	$0	$0
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	$75K+8.7%	$69K+9.5%	$63K+96.4%	$32K	N/A	N/A	$1.1M	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$16K-69.3%	$51K-44.7%	$93K-13.8%	$107K+133.6%	-$320K+66.9%	-$966K+12.6%	-$1.1M-2.3%	-$1.1M
Retained Earnings	-$641K-5.9%	-$605K-7.4%	-$564K-433.1%	-$106K	N/A	N/A	-$1.1M	N/A

APSI Cash Flow Statement

Metric	FY22	FY21	FY15	FY14	FY13	FY12
Operating Cash Flow	-$69K-1257.3%	-$5K+96.7%	-$155K-1297.6%	-$11K+88.3%	-$95K-168.6%	-$35K
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	$0	$0+100.0%	-$266K	$0+100.0%	-$6K	N/A
Financing Cash Flow	$200K+3821.6%	$5K	N/A	$8K+538.4%	-$2K-101.5%	$125K
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	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q1'21	Q3'21
Operating Cash Flow	-$13K+63.2%	-$35K-303.1%	-$9K+12.3%	-$10K+35.8%	-$16K+55.2%	-$35K-582.4%	-$5K	N/A
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	$0	$0	N/A
Financing Cash Flow	$0	$0	$0	$0	$0-100.0%	$200K+3821.6%	$5K	N/A
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

APSI Financial Ratios

Metric	FY22	FY21	FY15	FY14	FY13	FY12
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	-5846.1%-62.7pp	-5783.5%+3005.2pp	-8788.7%-5766.5pp	-3022.2%
Net Margin	N/A	N/A	-4938.6%-303.6pp	-4635.0%+1476.1pp	-6111.1%-3088.9pp	-3022.2%
Return on Equity	598.7%	N/A	N/A	N/A	N/A	N/A
Return on Assets	356.3%	N/A	-38.3%+19124.6pp	-19163.0%-16132.8pp	-3030.2%-2910.5pp	-119.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.68+1.7	-1.00+2.8	-3.84-2.8	-1.00+0.1	-1.08-1.6	0.48
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q1'21	Q3'21
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	-39.1%-4.7pp	-34.4%	N/A	-11.5%	N/A	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	4.78+3.4	1.35+0.7	0.68+0.4	0.30	N/A	N/A	-1.00	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Aqua Power Syste's annual revenue?

Aqua Power Syste (APSI) reported $0 in total revenue for fiscal year 2022. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Aqua Power Syste profitable?

Yes, Aqua Power Syste (APSI) reported a net income of $555K in fiscal year 2022.

What is Aqua Power Syste's earnings per share (EPS)?

Aqua Power Syste (APSI) reported diluted earnings per share of $0.00 for fiscal year 2022. 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 Aqua Power Syste's return on equity (ROE)?

Aqua Power Syste (APSI) has a return on equity of 598.7% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.

What is Aqua Power Syste's operating cash flow?

Aqua Power Syste (APSI) generated -$69K in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

What are Aqua Power Syste's total assets?

Aqua Power Syste (APSI) had $156K in total assets as of fiscal year 2022, including both current and long-term assets.

How many shares does Aqua Power Syste have outstanding?

Aqua Power Syste (APSI) had 50M shares outstanding as of fiscal year 2022.

What is Aqua Power Syste's debt-to-equity ratio?

Aqua Power Syste (APSI) had a debt-to-equity ratio of 0.68 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Aqua Power Syste's return on assets (ROA)?

Aqua Power Syste (APSI) had a return on assets of 356.3% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

What is Aqua Power Syste's cash runway?

Based on fiscal year 2022 data, Aqua Power Syste (APSI) had $131K in cash against an annual operating cash burn of $69K. This gives an estimated cash runway of approximately 23 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.

Are Aqua Power Syste's earnings high quality?

Aqua Power Syste (APSI) has an earnings quality ratio of -0.12x, 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.