Autozi Internet Technology (Global) Ltd. Financials

AZI

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

This page shows Autozi Internet Technology (Global) Ltd. (AZI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).

Rhea AI AZI FY2025 2026-04-22

Tiny gross spread leaves the business reliant on external funding because overhead and liabilities overwhelm internal cash generation.

FY2025 shows an unusual earnings-cash split: net loss worsened to -$16.6M from -$11.1M, yet operating cash burn improved to -$4.7M from -$10.1M. That suggests the reported loss was driven less by matching cash outflows than by working-capital release or other non-cash items, but the benefit still did not repair liquidity because cash fell to just $268K.

The operating model remains structurally thin-margin: gross margin improved from 0.4% in FY2023 to 1.0% in FY2024, yet gross profit was still only $1.3M on $124.7M of sales while FY2025 SG&A reached $16.5M. That points to a business where overhead moves matter more than sales moves, because the gross spread is too narrow to absorb corporate costs.

The balance sheet looks tightly financed, not self-funding: FY2025 current assets of $11.6M covered only part of $37.5M current liabilities, and total liabilities exceeded total assets by roughly $40.0M. Across FY2023 to FY2025, outside capital repeatedly filled the gap left by negative operating cash flow, showing operations have not been sustaining themselves with internally generated cash.

Financial Health Signals

Financial Profile 3/100

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 Autozi Internet Technology (Global) Ltd.'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.

Liquidity

Autozi Internet Technology (Global) Ltd.'s current ratio of 0.31 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak

1/9

Autozi Internet Technology (Global) Ltd. passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.28x

For every $1 of reported earnings, Autozi Internet Technology (Global) Ltd. generates $0.28 in operating cash flow (-$4.7M OCF vs -$16.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-32.5x

Autozi Internet Technology (Global) Ltd. earns $-32.5 in operating income for every $1 of interest expense (-$17.5M vs $538K). 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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Earnings & Revenue

Revenue

N/A

EBITDA

-$17.4M

YoY-224.4%

Autozi Internet Technology (Global) Ltd.'s EBITDA was -$17.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 224.4% from the prior year.

Net Income

-$16.6M

YoY-49.2%

Autozi Internet Technology (Global) Ltd. reported -$16.6M in net income in fiscal year 2025. This represents a decrease of 49.2% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$268K

YoY-86.4%

Autozi Internet Technology (Global) Ltd. held $268K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

$1.1M

YoY-2.4%

Autozi Internet Technology (Global) Ltd. invested $1.1M in research and development in fiscal year 2025. This represents a decrease of 2.4% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

AZI Income Statement

Metric	FY25	FY24	FY23	FY22
Revenue	N/A	$124.7M+9.9%	$113.5M-5.7%	$120.3M
Cost of Revenue	N/A	$123.5M+9.2%	$113.0M-5.5%	$119.6M
Gross Profit	$2.2M+71.9%	$1.3M+152.6%	$496K-30.7%	$716K
R&D Expenses	$1.1M-2.4%	$1.1M-16.4%	$1.3M+25.3%	$1.0M
SG&A Expenses	$16.5M+280.0%	$4.3M-19.3%	$5.4M+86.3%	$2.9M
Operating Income	-$17.5M-221.3%	-$5.4M+25.6%	-$7.3M-57.2%	-$4.7M
Interest Expense	$538K+7.8%	$499K+2.9%	$485K-8.0%	$527K
Income Tax	$19K	N/A	N/A	N/A
Net Income	-$16.6M-49.2%	-$11.1M-5.3%	-$10.5M-71.1%	-$6.2M
EPS (Diluted)	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A

AZI Balance Sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$12.0M-45.1%	$21.9M+14.8%	$19.0M	N/A
Current Assets	$11.6M-44.9%	$21.1M+14.3%	$18.5M	N/A
Cash & Equivalents	$268K-86.4%	$2.0M-7.0%	$2.1M	N/A
Inventory	$254K-92.2%	$3.3M+267.8%	$889K	N/A
Accounts Receivable	$129K-69.1%	$417K+215.9%	$132K	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$52.0M-8.8%	$57.0M-65.6%	$165.8M	N/A
Current Liabilities	$37.5M-34.1%	$57.0M+20.2%	$47.4M	N/A
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	-$40.0M-18.5%	-$33.7M+77.0%	-$146.7M-6.3%	-$138.0M
Retained Earnings	-$146.0M-12.7%	-$129.5M+22.0%	-$166.0M	N/A

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Total Assets	$12.0M-29.2%	$16.9M-22.5%	$21.9M+14.8%	$19.0M
Current Assets	$11.6M-29.0%	$16.4M-22.4%	$21.1M+14.3%	$18.5M
Cash & Equivalents	$268K-23.2%	$349K-82.3%	$2.0M-7.0%	$2.1M
Inventory	$254K-81.7%	$1.4M-57.6%	$3.3M+267.8%	$889K
Accounts Receivable	$129K-46.0%	$239K-42.7%	$417K+215.9%	$132K
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$52.0M+3.4%	$50.3M-11.9%	$57.0M-65.6%	$165.8M
Current Liabilities	$37.5M+6.0%	$35.4M-37.9%	$57.0M+20.2%	$47.4M
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	-$40.0M-20.0%	-$33.3M+1.2%	-$33.7M+77.0%	-$146.7M
Retained Earnings	-$146.0M-8.4%	-$134.8M-4.0%	-$129.5M+22.0%	-$166.0M

AZI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22
Operating Cash Flow	-$4.7M+53.6%	-$10.1M-38.3%	-$7.3M-49.7%	-$4.9M
Capital Expenditures	N/A	$61K	N/A	$211K
Free Cash Flow	N/A	-$10.1M	N/A	-$5.1M
Investing Cash Flow	-$44K+59.3%	-$108K-178.8%	$137K-92.5%	$1.8M
Financing Cash Flow	$2.5M-76.2%	$10.5M+44.5%	$7.2M+57.9%	$4.6M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Operating Cash Flow	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

AZI Financial Ratios

Metric	FY25	FY24	FY23	FY22
Gross Margin	N/A	1.0%+0.6pp	0.4%-0.1pp	0.6%
Operating Margin	N/A	-4.4%+2.1pp	-6.5%-2.6pp	-3.9%
Net Margin	N/A	-8.9%+0.4pp	-9.3%-4.2pp	-5.1%
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	-138.1%-87.3pp	-50.8%+4.6pp	-55.4%	N/A
Current Ratio	0.31-0.1	0.37-0.0	0.39	N/A
Debt-to-Equity	-1.30+0.4	-1.69-0.6	-1.13	N/A
FCF Margin	N/A	-8.1%	N/A	-4.2%

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A
Current Ratio	0.31-0.2	0.46+0.1	0.37-0.0	0.39
Debt-to-Equity	-1.30+0.2	-1.51+0.2	-1.69-0.6	-1.13
FCF Margin	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$40.0M), 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 (0.31), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Autozi Internet Technology (Global) Ltd. profitable?

No, Autozi Internet Technology (Global) Ltd. (AZI) reported a net income of -$16.6M in fiscal year 2025.

What is Autozi Internet Technology (Global) Ltd.'s EBITDA?

Autozi Internet Technology (Global) Ltd. (AZI) had EBITDA of -$17.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Autozi Internet Technology (Global) Ltd.'s operating cash flow?

Autozi Internet Technology (Global) Ltd. (AZI) generated -$4.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Autozi Internet Technology (Global) Ltd.'s total assets?

Autozi Internet Technology (Global) Ltd. (AZI) had $12.0M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Autozi Internet Technology (Global) Ltd. spend on research and development?

Autozi Internet Technology (Global) Ltd. (AZI) invested $1.1M in research and development during fiscal year 2025.

What is Autozi Internet Technology (Global) Ltd.'s current ratio?

Autozi Internet Technology (Global) Ltd. (AZI) had a current ratio of 0.31 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Autozi Internet Technology (Global) Ltd.'s debt-to-equity ratio?

Autozi Internet Technology (Global) Ltd. (AZI) had a debt-to-equity ratio of -1.30 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Autozi Internet Technology (Global) Ltd.'s return on assets (ROA)?

Autozi Internet Technology (Global) Ltd. (AZI) had a return on assets of -138.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Autozi Internet Technology (Global) Ltd.'s cash runway?

Based on fiscal year 2025 data, Autozi Internet Technology (Global) Ltd. (AZI) had $268K in cash against an annual operating cash burn of $4.7M. 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.

Why is Autozi Internet Technology (Global) Ltd.'s debt-to-equity ratio negative or unusual?

Autozi Internet Technology (Global) Ltd. (AZI) has negative shareholder equity of -$40.0M as of fiscal year 2025, 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 Autozi Internet Technology (Global) Ltd.'s Piotroski F-Score?

Autozi Internet Technology (Global) Ltd. (AZI) 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 Autozi Internet Technology (Global) Ltd.'s earnings high quality?

Autozi Internet Technology (Global) Ltd. (AZI) has an earnings quality ratio of 0.28x, 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 Autozi Internet Technology (Global) Ltd. cover its interest payments?

Autozi Internet Technology (Global) Ltd. (AZI) has an interest coverage ratio of -32.5x, 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.

How financially healthy is Autozi Internet Technology (Global) Ltd.?

Autozi Internet Technology (Global) Ltd. (AZI) scores 3 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.