Appyea Financials
This page shows Appyea (APYP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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).
AppYea is operating as a development-stage enterprise, with external financing carrying a cost base that revenue still barely touches.
FY2025’s headline loss overstates the cash strain: net loss hit-$15.1M , yet operating cash burn improved to-$606K from-$785K in FY2024. At the same time, equity flipped to$12.9M from-$4.1M , which implies the year’s damage was driven much more by non-cash balance-sheet effects than by cash leaving the business at the same pace.
Commercial activity remains economically incidental: FY2025 revenue was just
Liquidity stayed tight despite the larger balance sheet. Cash ended FY2025 at
Financial Health Signals
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 Appyea'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.
Appyea has an operating margin of -213250.0%, meaning the company retains $-213250 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 down from -6289.7% the prior year.
Appyea carries a low D/E ratio of 0.68, meaning only $0.68 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.
Appyea's current ratio of 0.07 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Appyea generates a -116.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.
Appyea passes 1 of 9 financial strength tests. 1 of 3 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Appyea generates $0.04 in operating cash flow (-$606K OCF vs -$15.1M 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
Earnings & Revenue
Appyea generated $8K in revenue in fiscal year 2025. This represents a decrease of 72.4% from the prior year.
Appyea's EBITDA was -$17.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 846.7% from the prior year.
Appyea reported -$15.1M in net income in fiscal year 2025.
Appyea earned $-0.03 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 188.9% from the prior year.
Cash & Balance Sheet
Appyea held $408K in cash against $0 in long-term debt as of fiscal year 2025.
Appyea had 597M shares outstanding in fiscal year 2025. This represents an increase of 14.5% from the prior year.
Margins & Returns
Appyea's gross margin was -187.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 235.8 percentage points from the prior year.
Appyea's operating margin was -213250.0% in fiscal year 2025, reflecting core business profitability. This is down 206960.3 percentage points from the prior year.
Appyea's net profit margin was -188712.5% in fiscal year 2025, showing the share of revenue converted to profit.
Appyea's ROE was -116.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Appyea invested $240K in research and development in fiscal year 2025. This represents a decrease of 29.2% from the prior year.
APYP Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $2K0.0% | $2K+100.0% | $1K-66.7% | $3K-76.9% | $13K+1200.0% | $1K-50.0% | $2K |
| Cost of Revenue | N/A | $14K+1300.0% | $1K-75.0% | $4K0.0% | $4K-42.9% | $7K+250.0% | $2K-33.3% | $3K |
| Gross Profit | N/A | -$12K-1300.0% | $1K+133.3% | -$3K-200.0% | -$1K-116.7% | $6K+700.0% | -$1K0.0% | -$1K |
| R&D Expenses | N/A | N/A | $2K-99.1% | $221K | N/A | $24K-84.9% | $159K+65.6% | $96K |
| SG&A Expenses | $413K-97.5% | $16.3M+7610.9% | $211K+117.5% | $97K-12.6% | $111K-65.0% | $317K+6.4% | $298K+45.4% | $205K |
| Operating Income | -$1.2M+92.8% | -$16.3M-6797.5% | -$237K+32.9% | -$353K-187.0% | -$123K+70.1% | -$411K+32.6% | -$610K-50.6% | -$405K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.6M | N/A | N/A | -$6K+96.4% | -$166K | N/A | -$512K-382.9% | $181K |
| EPS (Diluted) | $-0.00 | N/A | $0.00 | $0.00+100.0% | $-0.00 | N/A | $0.00 | $0.00 |
APYP Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.5M-0.9% | $21.7M+3317.1% | $636K+318.4% | $152K-63.0% | $411K+6.8% | $385K+11.0% | $347K-24.4% | $459K |
| Current Assets | $914K+60.1% | $571K+0.2% | $570K+578.6% | $84K-48.1% | $162K+23.7% | $131K+50.6% | $87K-55.8% | $197K |
| Cash & Equivalents | $811K+98.8% | $408K-12.8% | $468K+5750.0% | $8K-91.6% | $95K+20.3% | $79K+41.1% | $56K-64.6% | $158K |
| Inventory | $50K0.0% | $50K-21.9% | $64K+16.4% | $55K+17.0% | $47K+104.3% | $23K+76.9% | $13K0.0% | $13K |
| 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 | $9.7M+10.5% | $8.8M+4.8% | $8.4M+94.7% | $4.3M-6.3% | $4.6M+1.7% | $4.5M+79.1% | $2.5M-3.4% | $2.6M |
| Current Liabilities | $8.8M+12.0% | $7.9M-5.9% | $8.4M+94.7% | $4.3M+155.8% | $1.7M+1.2% | $1.7M | N/A | $2.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $11.8M-8.6% | $12.9M+267.2% | -$7.7M-86.8% | -$4.1M+0.8% | -$4.2M-1.2% | -$4.1M-90.6% | -$2.2M-1.1% | -$2.1M |
| Retained Earnings | -$27.0M-6.2% | -$25.5M-67.4% | -$15.2M-44.4% | -$10.5M-0.1% | -$10.5M-1.6% | -$10.4M-31.1% | -$7.9M-6.9% | -$7.4M |
APYP Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$297K-16.0% | -$256K-86.9% | -$137K-24.5% | -$110K-6.8% | -$103K+52.3% | -$216K-70.1% | -$127K+31.4% | -$185K |
| 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 | N/A | $0+100.0% | -$1K-150.0% | $2K+150.0% | -$4K+85.7% | -$28K |
| Financing Cash Flow | $698K+249.0% | $200K-67.3% | $611K | $0-100.0% | $124K-46.8% | $233K+676.7% | $30K | $0 |
| 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 |
APYP Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | -600.0%-650.0pp | 50.0%+350.0pp | -300.0%-266.7pp | -33.3%-79.5pp | 46.2%+146.2pp | -100.0%-50.0pp | -50.0% |
| Operating Margin | N/A | -817350.0%-805500.0pp | -11850.0%+23450.0pp | -35300.0%-31200.0pp | -4100.0%-938.5pp | -3161.5%+57838.5pp | -61000.0%-40750.0pp | -20250.0% |
| Net Margin | N/A | N/A | N/A | -600.0%+4933.3pp | -5533.3% | N/A | -51200.0%-60250.0pp | 9050.0% |
| Return on Equity | -13.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -7.3% | N/A | N/A | -4.0%+36.4pp | -40.4% | N/A | -147.6%-187.0pp | 39.4% |
| Current Ratio | 0.10+0.0 | 0.070.0 | 0.07+0.0 | 0.02-0.1 | 0.10+0.0 | 0.08 | N/A | 0.08 |
| Debt-to-Equity | 0.82+0.1 | 0.68+1.8 | -1.08-0.0 | -1.04+0.1 | -1.100.0 | -1.10+0.1 | -1.17+0.1 | -1.22 |
| 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 (0.07), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Appyea's annual revenue?
Appyea (APYP) reported $8K in total revenue for fiscal year 2025. This represents a -72.4% 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 Appyea's revenue growing?
Appyea (APYP) revenue declined by 72.4% year-over-year, from $29K to $8K in fiscal year 2025.
Is Appyea profitable?
No, Appyea (APYP) reported a net income of -$15.1M in fiscal year 2025, with a net profit margin of -188712.5%.
What is Appyea's EBITDA?
Appyea (APYP) had EBITDA of -$17.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Appyea's gross margin?
Appyea (APYP) had a gross margin of -187.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Appyea's operating margin?
Appyea (APYP) had an operating margin of -213250.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Appyea's net profit margin?
Appyea (APYP) had a net profit margin of -188712.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Appyea's return on equity (ROE)?
Appyea (APYP) has a return on equity of -116.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Appyea's operating cash flow?
Appyea (APYP) generated -$606K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Appyea's total assets?
Appyea (APYP) had $21.7M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Appyea spend on research and development?
Appyea (APYP) invested $240K in research and development during fiscal year 2025.
What is Appyea's current ratio?
Appyea (APYP) had a current ratio of 0.07 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Appyea's debt-to-equity ratio?
Appyea (APYP) had a debt-to-equity ratio of 0.68 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Appyea's return on assets (ROA)?
Appyea (APYP) had a return on assets of -69.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Appyea's cash runway?
Based on fiscal year 2025 data, Appyea (APYP) had $408K in cash against an annual operating cash burn of $606K. This gives an estimated cash runway of approximately 8 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 Appyea's Piotroski F-Score?
Appyea (APYP) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Appyea's earnings high quality?
Appyea (APYP) has an earnings quality ratio of 0.04x, 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.
How financially healthy is Appyea?
Appyea (APYP) scores 15 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.