Arax Hldgs Financials

Arax Hldgs (ARAT) reported $614K in total revenue for fiscal year 2024. This represents a -32.5% 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.

Arax Hldgs (ARAT) revenue declined by 32.5% year-over-year, from $909K to $614K in fiscal year 2024.

No, Arax Hldgs (ARAT) reported a net income of -$3.6M in fiscal year 2024, with a net profit margin of -580.9%.

Arax Hldgs (ARAT) reported diluted earnings per share of $-0.03 for fiscal year 2024. This represents a 70.0% 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.

Arax Hldgs (ARAT) had EBITDA of -$3.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Arax Hldgs (ARAT) had a gross margin of 100.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Arax Hldgs (ARAT) had an operating margin of -536.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Arax Hldgs (ARAT) had a net profit margin of -580.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Arax Hldgs (ARAT) generated -$2.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Arax Hldgs (ARAT) had $902K in total assets as of fiscal year 2024, including both current and long-term assets.

Arax Hldgs (ARAT) invested $778K in research and development during fiscal year 2024.

Arax Hldgs (ARAT) had 128M shares outstanding as of fiscal year 2024.

Arax Hldgs (ARAT) had a current ratio of 0.30 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

Arax Hldgs (ARAT) had a return on assets of -395.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2024 data, Arax Hldgs (ARAT) had $119K in cash against an annual operating cash burn of $2.5M. 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.

Arax Hldgs (ARAT) has negative shareholder equity of -$521K as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.

Arax Hldgs (ARAT) has an Altman Z-Score of -27.62, 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.

Arax Hldgs (ARAT) has a Piotroski F-Score of 2 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.

Arax Hldgs (ARAT) has an earnings quality ratio of 0.69x, 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.