Data443 Risk Mitigation Inc Financials

ATDS

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

This page shows Data443 Risk Mitigation Inc (ATDS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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

Piotroski F-Score Weak

3/9

Data443 Risk Mitigation Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-0.21x

For every $1 of reported earnings, Data443 Risk Mitigation Inc generates $-0.21 in operating cash flow ($1.3M OCF vs -$6.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-1.1x

Data443 Risk Mitigation Inc earns $-1.1 in operating income for every $1 of interest expense (-$3.1M vs $2.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue

$4.9M

YoY-12.7%

5Y CAGR+27.4%

Data443 Risk Mitigation Inc generated $4.9M in revenue in fiscal year 2024. This represents a decrease of 12.7% from the prior year.

EBITDA

-$2.2M

YoY-1.3%

Data443 Risk Mitigation Inc's EBITDA was -$2.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1.3% from the prior year.

Free Cash Flow

N/A

Net Income

-$6.1M

YoY-43.4%

Data443 Risk Mitigation Inc reported -$6.1M in net income in fiscal year 2024. This represents a decrease of 43.4% from the prior year.

EPS (Diluted)

$-5.29

Data443 Risk Mitigation Inc earned $-5.29 per diluted share (EPS) in fiscal year 2024. This represents an increase of 66.0% from the prior year.

Cash & Debt

Data443 Risk Mitigation Inc held $0 in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

Data443 Risk Mitigation Inc had 1M shares outstanding in fiscal year 2024. This represents an increase of 327.4% from the prior year.

Gross Margin

58.5%

YoY-10.6pp

5Y CAGR-33.5pp

Data443 Risk Mitigation Inc's gross margin was 58.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 10.6 percentage points from the prior year.

Operating Margin

-62.9%

YoY-13.0pp

5Y CAGR+207.8pp

Data443 Risk Mitigation Inc's operating margin was -62.9% in fiscal year 2024, reflecting core business profitability. This is down 13.0 percentage points from the prior year.

Net Margin

-124.9%

YoY-48.9pp

5Y CAGR-83.1pp

Data443 Risk Mitigation Inc's net profit margin was -124.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 48.9 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

ATDS Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$4.9M-12.7%	$5.6M+112.4%	$2.6M-27.2%	$3.6M+45.9%	$2.5M+70.3%	$1.5M
Cost of Revenue	$2.0M+17.2%	$1.7M+232.7%	$519K-5.1%	$547K+80.2%	$304K+159.2%	$117K
Gross Profit	$2.8M-26.1%	$3.9M+82.7%	$2.1M-31.2%	$3.1M+41.1%	$2.2M+62.5%	$1.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	$4K
SG&A Expenses	$5.3M-14.2%	$6.1M+10.7%	$5.6M+2.2%	$5.4M-6.8%	$5.8M+21.6%	$4.8M
Operating Income	-$3.1M-10.1%	-$2.8M+24.3%	-$3.7M-39.4%	-$2.6M+32.4%	-$3.9M+0.9%	-$3.9M
Interest Expense	$2.7M-57.3%	$6.4M+7.3%	$6.0M+79.3%	$3.3M+32.4%	$2.5M+42.9%	$1.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$6.1M-43.4%	-$4.2M+56.3%	-$9.7M-50.0%	-$6.5M+53.4%	-$13.9M-2189.7%	-$607K
EPS (Diluted)	$-5.29	$-15.56	$-2752.48	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$899K-37.2%	$1.4M+22.8%	$1.2M+9.5%	$1.1M-7.3%	$1.1M-24.0%	$1.5M-47.6%	$2.9M+316.0%	$694K
Cost of Revenue	$353K+54.1%	$229K-38.5%	$373K+61.6%	$231K-71.4%	$807K+31.7%	$613K-43.3%	$1.1M+468.1%	$190K
Gross Profit	$546K-54.6%	$1.2M+51.6%	$793K-4.9%	$834K+144.0%	$342K-61.9%	$898K-50.2%	$1.8M+258.4%	$503K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.1M-10.1%	$1.2M+5.5%	$1.1M-27.4%	$1.5M+53.1%	$1.0M-14.4%	$1.2M-28.5%	$1.6M+11.6%	$1.5M
Operating Income	-$562K-1864.3%	-$29K+91.6%	-$342K+63.4%	-$936K-24.1%	-$754K-34.5%	-$560K-188.0%	-$195K+80.6%	-$1.0M
Interest Expense	$59K-79.8%	$291K-12.1%	$331K-27.2%	$455K-39.8%	$755K-29.1%	$1.1M-27.5%	$1.5M+49.5%	$983K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$602K-89.5%	-$318K+53.0%	-$677K+59.4%	-$1.7M-10.2%	-$1.5M+7.3%	-$1.6M-0.8%	-$1.6M+18.3%	-$2.0M
EPS (Diluted)	$-0.00	$-0.99-9800.0%	$-0.01	$9.04	$-5.01+6.2%	$-5.34-105.1%	$105.50+580.2%	$-21.97

ATDS Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$6.0M-19.3%	$7.5M+78.2%	$4.2M+36.7%	$3.1M-1.6%	$3.1M-17.1%	$3.7M
Current Assets	$200K-52.8%	$424K+239.3%	$125K-90.4%	$1.3M+564.3%	$195K+113.8%	$91K
Cash & Equivalents	$0	$0	$0	$0	$0-100.0%	$19K
Inventory	N/A	N/A	N/A	N/A	N/A	$8K
Accounts Receivable	$32K-89.7%	$310K+868.7%	$32K+48.3%	$22K-84.2%	$137K+114.8%	$64K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$19.1M+23.6%	$15.5M+19.3%	$13.0M+77.8%	$7.3M+10.4%	$6.6M-34.9%	$10.1M
Current Liabilities	$17.0M+23.0%	$13.8M+60.4%	$8.6M+91.1%	$4.5M-19.8%	$5.6M-40.9%	$9.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$13.1M-63.7%	-$8.0M+8.8%	-$8.8M-107.6%	-$4.2M-21.0%	-$3.5M+45.4%	-$6.4M
Retained Earnings	-$61.7M-10.9%	-$55.7M-8.3%	-$51.4M-22.3%	-$42.0M-18.3%	-$35.5M-64.4%	-$21.6M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$5.3M-4.3%	$5.5M-4.4%	$5.8M-3.9%	$6.0M-8.5%	$6.6M-5.5%	$7.0M-6.7%	$7.5M+18.6%	$6.3M
Current Assets	$135K-16.8%	$162K-6.4%	$173K-13.5%	$200K+51.0%	$132K-39.1%	$218K-48.7%	$424K-38.4%	$689K
Cash & Equivalents	$49K-17.7%	$60K+238.1%	$18K	$0-100.0%	$48K+839.8%	$5K	$0-100.0%	$5K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$86K-16.2%	$102K-34.1%	$155K+389.0%	$32K-13.0%	$37K-77.8%	$164K-47.0%	$310K+769.6%	$36K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$18.8M+0.4%	$18.7M-1.1%	$18.9M-1.1%	$19.1M+10.7%	$17.3M+7.0%	$16.1M+4.4%	$15.5M+18.9%	$13.0M
Current Liabilities	$16.9M-1.3%	$17.1M-0.3%	$17.2M+1.2%	$17.0M+9.5%	$15.5M+6.7%	$14.5M+5.3%	$13.8M+23.2%	$11.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$13.5M-2.4%	-$13.2M-0.4%	-$13.1M-0.2%	-$13.1M-22.5%	-$10.7M-13.5%	-$9.4M-17.7%	-$8.0M-19.1%	-$6.7M
Retained Earnings	-$63.3M-1.0%	-$62.7M-0.5%	-$62.4M-1.1%	-$61.7M-5.0%	-$58.8M-2.6%	-$57.3M-2.9%	-$55.7M-3.0%	-$54.0M

ATDS Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$1.3M+63.0%	$782K+162.4%	-$1.3M-46.4%	-$856K-12.8%	-$758K+8.4%	-$828K
Capital Expenditures	N/A	$186K-40.4%	$311K+124.9%	$138K-5.5%	$146K+1277.4%	$11K
Free Cash Flow	N/A	$597K+138.1%	-$1.6M-57.3%	-$994K-9.8%	-$905K-7.8%	-$839K
Investing Cash Flow	-$115K+93.2%	-$1.7M-200.4%	-$561K-305.6%	-$138K+70.0%	-$461K-64.8%	-$280K
Financing Cash Flow	-$1.1M-209.1%	$986K+61.5%	$611K-71.5%	$2.1M+69.8%	$1.3M+57.1%	$802K
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	$141K+6.7%	$132K+180.5%	-$164K-135.7%	$461K+30.1%	$354K+65.9%	$213K-18.4%	$261K-24.2%	$345K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$18K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$261K-20.0%	$327K
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$1.4M-1085.5%	-$118K
Financing Cash Flow	-$152K-68.2%	-$90K-755.3%	$14K+107.8%	-$177K+43.1%	-$311K-6.4%	-$293K-124.0%	$1.2M+612.4%	-$238K
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

ATDS Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	58.5%-10.6pp	69.1%-11.2pp	80.3%-4.6pp	84.9%-2.9pp	87.7%-4.2pp	91.9%
Operating Margin	-62.9%-13.0pp	-49.9%+90.0pp	-139.9%-66.9pp	-73.1%+84.6pp	-157.6%+113.1pp	-270.7%
Net Margin	-124.9%-48.9pp	-76.1%+293.7pp	-369.7%-190.3pp	-179.4%+382.6pp	-562.0%-520.2pp	-41.8%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-101.2%-44.3pp	-57.0%+175.3pp	-232.2%-20.7pp	-211.5%+235.6pp	-447.1%-430.9pp	-16.2%
Current Ratio	0.01-0.0	0.03+0.0	0.01-0.3	0.29+0.3	0.03+0.0	0.01
Debt-to-Equity	-1.46+0.5	-1.93-0.5	-1.48+0.2	-1.72+0.2	-1.89-0.3	-1.59
FCF Margin	N/A	10.7%+70.2pp	-59.5%-32.0pp	-27.5%+9.0pp	-36.6%+21.2pp	-57.7%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	60.7%-23.3pp	84.0%+16.0pp	68.0%-10.3pp	78.3%+48.6pp	29.8%-29.7pp	59.4%-3.1pp	62.5%-10.0pp	72.5%
Operating Margin	-62.5%-60.5pp	-2.0%+27.3pp	-29.3%+58.5pp	-87.8%-22.2pp	-65.6%-28.5pp	-37.1%-30.3pp	-6.7%+137.7pp	-144.4%
Net Margin	-67.0%-44.8pp	-22.2%+35.8pp	-58.0%+98.3pp	-156.3%-24.8pp	-131.5%-23.7pp	-107.8%-51.8pp	-56.0%+229.3pp	-285.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-11.4%-5.6pp	-5.8%+6.0pp	-11.7%+16.0pp	-27.7%-4.7pp	-23.0%+0.4pp	-23.4%-1.7pp	-21.7%+9.8pp	-31.5%
Current Ratio	0.010.0	0.010.0	0.010.0	0.010.0	0.010.0	0.01-0.0	0.03-0.0	0.06
Debt-to-Equity	-1.39+0.0	-1.42+0.0	-1.44+0.0	-1.46+0.2	-1.62+0.1	-1.71+0.2	-1.930.0	-1.94
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	9.0%-38.0pp	47.1%

Note: Shareholder equity is negative (-$13.1M), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Data443 Risk Mitigation Inc's annual revenue?

Data443 Risk Mitigation Inc (ATDS) reported $4.9M in total revenue for fiscal year 2024. This represents a -12.7% 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 Data443 Risk Mitigation Inc's revenue growing?

Data443 Risk Mitigation Inc (ATDS) revenue declined by 12.7% year-over-year, from $5.6M to $4.9M in fiscal year 2024.

Is Data443 Risk Mitigation Inc profitable?

No, Data443 Risk Mitigation Inc (ATDS) reported a net income of -$6.1M in fiscal year 2024, with a net profit margin of -124.9%.

What is Data443 Risk Mitigation Inc's earnings per share (EPS)?

Data443 Risk Mitigation Inc (ATDS) reported diluted earnings per share of $-5.29 for fiscal year 2024. 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 Data443 Risk Mitigation Inc's EBITDA?

Data443 Risk Mitigation Inc (ATDS) had EBITDA of -$2.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Data443 Risk Mitigation Inc's gross margin?

Data443 Risk Mitigation Inc (ATDS) had a gross margin of 58.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Data443 Risk Mitigation Inc's operating margin?

Data443 Risk Mitigation Inc (ATDS) had an operating margin of -62.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Data443 Risk Mitigation Inc's net profit margin?

Data443 Risk Mitigation Inc (ATDS) had a net profit margin of -124.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Data443 Risk Mitigation Inc's operating cash flow?

Data443 Risk Mitigation Inc (ATDS) generated $1.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Data443 Risk Mitigation Inc's total assets?

Data443 Risk Mitigation Inc (ATDS) had $6.0M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Data443 Risk Mitigation Inc have outstanding?

Data443 Risk Mitigation Inc (ATDS) had 1M shares outstanding as of fiscal year 2024.

What is Data443 Risk Mitigation Inc's current ratio?

Data443 Risk Mitigation Inc (ATDS) had a current ratio of 0.01 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Data443 Risk Mitigation Inc's debt-to-equity ratio?

Data443 Risk Mitigation Inc (ATDS) had a debt-to-equity ratio of -1.46 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Data443 Risk Mitigation Inc's return on assets (ROA)?

Data443 Risk Mitigation Inc (ATDS) had a return on assets of -101.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Why is Data443 Risk Mitigation Inc's debt-to-equity ratio negative or unusual?

Data443 Risk Mitigation Inc (ATDS) has negative shareholder equity of -$13.1M 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 Data443 Risk Mitigation Inc's Piotroski F-Score?

Data443 Risk Mitigation Inc (ATDS) has a Piotroski F-Score of 3 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Data443 Risk Mitigation Inc's earnings high quality?

Data443 Risk Mitigation Inc (ATDS) has an earnings quality ratio of -0.21x, considered mixed quality. 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 Data443 Risk Mitigation Inc cover its interest payments?

Data443 Risk Mitigation Inc (ATDS) has an interest coverage ratio of -1.1x, 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.