Appsoft Tech Financials
This page shows Appsoft Tech (ASFT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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
Appsoft Tech passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Appsoft Tech generates $0.86 in operating cash flow (-$52K OCF vs -$61K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Appsoft Tech earns $-7.3 in operating income for every $1 of interest expense (-$61K vs $8K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Appsoft Tech generated $0 in revenue in fiscal year 2024.
Appsoft Tech reported -$61K in net income in fiscal year 2024. This represents a decrease of 20.6% from the prior year.
Appsoft Tech earned $-0.01 per diluted share (EPS) in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Appsoft Tech held $101 in cash against $0 in long-term debt as of fiscal year 2024.
Appsoft Tech had 4M shares outstanding in fiscal year 2024. This represents a decrease of 8.0% from the prior year.
ASFT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | N/A | $585 | $0 | $0 | N/A |
| 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 | $4K-25.3% | $6K+503.1% | $992 | N/A | $3K+28.6% | $2K+4.9% | $2K | N/A |
| Operating Income | -$19K+38.1% | -$30K-18.8% | -$26K | N/A | -$10K+23.9% | -$14K+8.3% | -$15K | N/A |
| Interest Expense | $3K+3.7% | $2K+7.3% | $2K | N/A | $2K+2.3% | $2K+4.2% | $2K | N/A |
| Income Tax | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Net Income | -$19K+38.1% | -$30K-18.8% | -$26K-21.4% | -$21K-101.6% | -$10K+23.9% | -$14K+8.3% | -$15K-235.9% | -$4K |
| EPS (Diluted) | $0.00+100.0% | $-0.010.0% | $-0.01 | N/A | $0.00 | $0.00 | $0.00 | N/A |
ASFT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8-99.6% | $2K+2286.8% | $76-24.8% | $101+1920.0% | $5-85.7% | $35-67.3% | $107+1237.5% | $8 |
| Current Assets | $8-99.6% | $2K+2286.8% | $76-24.8% | $101+1920.0% | $5-85.7% | $35-67.3% | $107+1237.5% | $8 |
| Cash & Equivalents | $8-99.6% | $2K+2286.8% | $76-24.8% | $101+1920.0% | $5-87.5% | $40-62.6% | $107+1237.5% | $8 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $553K+3.2% | $536K+6.4% | $504K+5.3% | $479K+4.2% | $460K+2.3% | $449K+3.1% | $435K+3.6% | $420K |
| Current Liabilities | $43K+6.2% | $41K+6.4% | $38K+5.4% | $36K+6.4% | $34K+6.7% | $32K+6.9% | $30K+7.1% | $28K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$553K-3.5% | -$535K-6.0% | -$504K-5.3% | -$479K-4.2% | -$460K-2.3% | -$449K-3.2% | -$435K-3.6% | -$420K |
| Retained Earnings | -$1.1M-1.8% | -$1.1M-2.9% | -$1.0M-2.5% | -$1.0M-2.2% | -$994K-1.1% | -$984K-1.4% | -$970K-1.6% | -$955K |
ASFT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$16K+41.7% | -$28K-18.4% | -$24K-21.2% | -$19K-133.8% | -$8K+28.6% | -$12K+10.3% | -$13K-116.4% | -$6K |
| 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 | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $15K-51.2% | $30K+25.8% | $24K+20.5% | $20K+136.0% | $8K-28.4% | $12K-11.5% | $13K+118.3% | $6K |
| 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 |
ASFT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| 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 | -1787.5% | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | -1787.5% | 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 | -235375.0%-233699.4pp | -1675.6%+32000.7pp | -33676.3%-12806.0pp | -20870.3%+188269.7pp | -209140.0%-169885.7pp | -39254.3%-25248.7pp | -14005.6%+41769.4pp | -55775.0% |
| Current Ratio | 0.00-0.0 | 0.04+0.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.00 |
| Debt-to-Equity | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$479K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Appsoft Tech's annual revenue?
Appsoft Tech (ASFT) reported $0 in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Appsoft Tech profitable?
No, Appsoft Tech (ASFT) reported a net income of -$61K in fiscal year 2024.
What is Appsoft Tech's earnings per share (EPS)?
Appsoft Tech (ASFT) reported diluted earnings per share of $-0.01 for fiscal year 2024. This represents a 0.0% 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.
What is Appsoft Tech's operating cash flow?
Appsoft Tech (ASFT) generated -$52K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Appsoft Tech's total assets?
Appsoft Tech (ASFT) had $101 in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Appsoft Tech have outstanding?
Appsoft Tech (ASFT) had 4M shares outstanding as of fiscal year 2024.
What is Appsoft Tech's current ratio?
Appsoft Tech (ASFT) had a current ratio of 0.00 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Appsoft Tech's debt-to-equity ratio?
Appsoft Tech (ASFT) had a debt-to-equity ratio of -1.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Appsoft Tech's return on assets (ROA)?
Appsoft Tech (ASFT) had a return on assets of -60243.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Appsoft Tech's cash runway?
Based on fiscal year 2024 data, Appsoft Tech (ASFT) had $101 in cash against an annual operating cash burn of $52K. This gives an estimated cash runway of approximately 0 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.
Why is Appsoft Tech's debt-to-equity ratio negative or unusual?
Appsoft Tech (ASFT) has negative shareholder equity of -$479K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. 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.
What is Appsoft Tech's Piotroski F-Score?
Appsoft Tech (ASFT) 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 Appsoft Tech's earnings high quality?
Appsoft Tech (ASFT) has an earnings quality ratio of 0.86x, 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 Appsoft Tech cover its interest payments?
Appsoft Tech (ASFT) has an interest coverage ratio of -7.3x, 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.