What is Imac Hldgs Inc's earnings per share (EPS)?

Imac Hldgs Inc (BACK) reported diluted earnings per share of $-7.76 for fiscal year 2024. This represents a 8.4% 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.

Imac Hldgs Inc Financials

BACK

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

This page shows Imac Hldgs Inc (BACK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 BACK FY2024 2026-04-22

External financing is supporting a business whose revenue base has largely disappeared while liabilities outweigh assets.

From FY2022 to FY2024, revenue collapse from $16.2M to $72K was extreme. Yet operating cash burn still ran at -$3.2M in FY2024, and SG&A remained $5.4M, implying the company shed activity faster than overhead and now looks more like a listed corporate structure than a scaled operating business.

The balance sheet moved from positive equity two years earlier to negative equity of -$5.6M in FY2024, while the current ratio fell to 0.1x. Cash was only $504K even after $3.8M of financing inflow, showing liquidity depended on outside funding rather than operating replenishment or a working-capital cushion.

FY2024 did not just show low sales; it showed negative gross profit of -$233K on only $72K of revenue. When direct costs already exceed sales, cutting overhead alone cannot restore a normal earning profile; the underlying revenue base itself has become too thin.

Financial Health Signals

Financial Profile 15/100

Based on FY2024 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 Imac Hldgs Inc'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.

Profitability

Imac Hldgs Inc has an operating margin of -7804.7%, meaning the company retains $-7805 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.

Leverage

Imac Hldgs Inc carries a low D/E ratio of -1.28, meaning only $-1.28 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Imac Hldgs Inc's current ratio of 0.09 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Interest Coverage At Risk

-8.8x

Imac Hldgs Inc earns $-8.8 in operating income for every $1 of interest expense (-$5.6M vs $640K). 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

$72K

5Y CAGR-65.7%

Imac Hldgs Inc generated $72K in revenue in fiscal year 2024.

EBITDA

-$5.5M

Imac Hldgs Inc's EBITDA was -$5.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Net Income

N/A

EPS (Diluted)

$-7.76

YoY+8.4%

Imac Hldgs Inc earned $-7.76 per diluted share (EPS) in fiscal year 2024. This represents an increase of 8.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$504K

YoY+127.6%

5Y CAGR+6.2%

Imac Hldgs Inc held $504K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY+76.9%

Imac Hldgs Inc had 2M shares outstanding in fiscal year 2024. This represents an increase of 76.9% from the prior year.

Margins & Returns

Gross Margin

-323.7%

Imac Hldgs Inc's gross margin was -323.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs.

Operating Margin

-7804.7%

5Y CAGR-7763.8pp

Imac Hldgs Inc's operating margin was -7804.7% in fiscal year 2024, reflecting core business profitability.

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

BACK Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$72K	N/A	$16.2M+12.5%	$14.4M+12.1%	$12.8M-15.1%	$15.1M
Cost of Revenue	$305K	N/A	N/A	N/A	N/A	N/A
Gross Profit	-$233K	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
SG&A Expenses	$5.4M+83.2%	$2.9M+19.3%	$2.5M-61.6%	$6.4M+41.0%	$4.6M-10.0%	$5.1M
Operating Income	-$5.6M	N/A	-$11.8M-17.2%	-$10.1M-54.5%	-$6.5M-5.7%	-$6.2M
Interest Expense	$640K+412.1%	$125K+3864.7%	$3K-99.4%	$504K-10.5%	$563K+117.8%	$259K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	-$18.3M-73.7%	-$10.5M-90.2%	-$5.5M+14.7%	-$6.5M
EPS (Diluted)	$-7.76+8.4%	$-8.47+56.4%	$-19.43	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$21K	N/A	$2K	N/A	$56K+257.5%	$16K	N/A	N/A
Cost of Revenue	$124K+21.1%	$102K-0.8%	$103K	N/A	$122K+69.5%	$72K	N/A	N/A
Gross Profit	-$103K-0.3%	-$102K-0.6%	-$102K	N/A	-$66K-16.9%	-$56K	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	N/A	$1.9M-10.4%	$2.1M	N/A	$1.9M+43.4%	$1.3M+229.3%	$409K	N/A
Operating Income	N/A	-$2.0M+9.9%	-$2.2M	N/A	-$2.0M-42.4%	-$1.4M-243.1%	-$409K	N/A
Interest Expense	$467K+214.9%	$148K+1192.2%	$11K	N/A	$107K+792.1%	$12K-70.5%	$40K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$2.1M+3.6%	-$2.2M	N/A	-$2.2M-59.4%	-$1.4M-239.7%	-$407K	N/A
EPS (Diluted)	$-1.15-29.2%	$-0.89+17.6%	$-1.08	N/A	$-1.76-2.3%	$-1.72-591.4%	$0.35	N/A

BACK Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.6M+38.9%	$1.1M-89.7%	$11.1M-59.3%	$27.2M+37.9%	$19.7M-3.3%	$20.4M
Current Assets	$684K-40.2%	$1.1M-89.4%	$10.8M+19.4%	$9.1M+90.6%	$4.8M+84.6%	$2.6M
Cash & Equivalents	$504K+127.6%	$222K-71.0%	$763K-89.3%	$7.1M+171.3%	$2.6M+602.2%	$374K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$28K	N/A	$2.9M+138.3%	$1.2M-20.1%	$1.5M+20.3%	$1.3M
Goodwill	N/A	N/A	N/A	$4.7M+128.4%	$2.0M0.0%	$2.0M
Total Liabilities	$7.2M+281.0%	$1.9M-70.5%	$6.4M-30.7%	$9.3M-22.3%	$11.9M-4.4%	$12.5M
Current Liabilities	$7.2M+281.0%	$1.9M-70.5%	$6.4M+30.3%	$4.9M-17.1%	$6.0M-1.9%	$6.1M
Long-Term Debt	N/A	N/A	$2.7M+656.3%	$359K-92.0%	$4.5M+27.0%	$3.5M
Total Equity	-$5.6M-649.2%	-$753K-116.2%	$4.7M-74.1%	$18.0M+129.8%	$7.8M-1.6%	$7.9M
Retained Earnings	-$65.0M-16.2%	-$55.9M-20.2%	-$46.5M-64.9%	-$28.2M-59.7%	-$17.7M-45.7%	-$12.1M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$310K-71.2%	$1.1M-5.5%	$1.1M-28.2%	$1.6M+8.3%	$1.5M-34.0%	$2.2M+144.1%	$911K-20.4%	$1.1M
Current Assets	$310K+11.9%	$277K-3.7%	$288K-58.0%	$684K+34.0%	$511K-57.9%	$1.2M+33.3%	$911K-20.4%	$1.1M
Cash & Equivalents	$45K+5.6%	$43K+38.2%	$31K-93.9%	$504K+157.9%	$196K-78.0%	$891K+4979.0%	$18K-92.1%	$222K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	$28K-32.8%	$42K+164.8%	$16K	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$13.3M+21.9%	$10.9M+24.3%	$8.8M+21.4%	$7.2M+31.3%	$5.5M+37.9%	$4.0M+85.7%	$2.2M+13.4%	$1.9M
Current Liabilities	$13.3M+21.9%	$10.9M+24.3%	$8.8M+21.4%	$7.2M+31.3%	$5.5M+37.9%	$4.0M+85.7%	$2.2M+13.4%	$1.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$13.0M-32.1%	-$9.8M-28.7%	-$7.6M-35.4%	-$5.6M-39.6%	-$4.0M-128.2%	-$1.8M-42.8%	-$1.2M-64.6%	-$753K
Retained Earnings	-$72.4M-4.4%	-$69.3M-3.2%	-$67.2M-3.4%	-$65.0M-8.4%	-$59.9M-3.8%	-$57.7M-2.5%	-$56.3M-0.7%	-$55.9M

BACK Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$3.2M-13.3%	-$2.8M+72.9%	-$10.3M-35.6%	-$7.6M-26.7%	-$6.0M-47.3%	-$4.1M
Capital Expenditures	N/A	N/A	$331K-52.3%	$694K+451.1%	$126K-89.5%	$1.2M
Free Cash Flow	N/A	N/A	-$10.6M-28.2%	-$8.3M-35.4%	-$6.1M-16.1%	-$5.3M
Investing Cash Flow	-$375K+78.9%	-$1.8M-582.9%	-$260K+89.4%	-$2.5M-331.3%	-$570K+45.9%	-$1.1M
Financing Cash Flow	$3.8M-5.1%	$4.0M-4.2%	$4.2M-71.1%	$14.5M+65.0%	$8.8M+66.3%	$5.3M
Dividends Paid	N/A	$130K	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	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$1.4M-10.7%	-$1.3M-25.3%	-$1.0M+9.1%	-$1.1M-3.8%	-$1.1M-50.5%	-$728K-259.9%	-$202K-221.1%	$167K
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	$0	N/A	N/A	$95K
Financing Cash Flow	$1.4M+9.9%	$1.3M+133.4%	$560K-61.3%	$1.4M+261.4%	$400K-79.8%	$2.0M+114714.3%	-$2K+99.3%	-$265K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$79K	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BACK Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	-323.7%	N/A	N/A	N/A	N/A	N/A
Operating Margin	-7804.7%	N/A	-73.1%-2.9pp	-70.2%-19.3pp	-50.9%-10.0pp	-40.9%
Net Margin	N/A	N/A	-113.1%-39.9pp	-73.3%-30.1pp	-43.2%-0.2pp	-43.0%
Return on Equity	N/A	N/A	-393.7%-335.0pp	-58.7%+12.2pp	-70.9%+10.9pp	-81.9%
Return on Assets	N/A	N/A	-165.3%-126.5pp	-38.7%-10.6pp	-28.1%+3.7pp	-31.8%
Current Ratio	0.09-0.5	0.60-1.1	1.68-0.2	1.84+1.0	0.80+0.4	0.42
Debt-to-Equity	-1.28+1.2	-2.52-3.1	0.58+0.6	0.02-0.6	0.57+0.1	0.44
FCF Margin	N/A	N/A	-65.6%-8.1pp	-57.6%-9.9pp	-47.7%-12.8pp	-34.8%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	-483.7%	N/A	-6779.1%	N/A	-116.8%+240.3pp	-357.2%	N/A	N/A
Operating Margin	N/A	N/A	-145926.7%	N/A	-3545.5%+5355.8pp	-8901.2%	N/A	N/A
Net Margin	N/A	N/A	-146657.9%	N/A	-3915.9%+4867.6pp	-8783.5%	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	N/A	-196.8%-3.8pp	-192.9%	N/A	-150.2%-88.0pp	-62.2%-17.5pp	-44.7%	N/A
Current Ratio	0.020.0	0.030.0	0.03-0.1	0.090.0	0.09-0.2	0.30-0.1	0.42-0.2	0.60
Debt-to-Equity	-1.02+0.1	-1.11+0.0	-1.15+0.1	-1.28+0.1	-1.36+0.9	-2.26-0.5	-1.74+0.8	-2.52
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$5.6M), 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 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Imac Hldgs Inc's annual revenue?

Imac Hldgs Inc (BACK) reported $72K 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.

What is Imac Hldgs Inc's EBITDA?

Imac Hldgs Inc (BACK) had EBITDA of -$5.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Imac Hldgs Inc's gross margin?

Imac Hldgs Inc (BACK) had a gross margin of -323.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Imac Hldgs Inc's operating margin?

Imac Hldgs Inc (BACK) had an operating margin of -7804.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Imac Hldgs Inc's operating cash flow?

Imac Hldgs Inc (BACK) generated -$3.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Imac Hldgs Inc's total assets?

Imac Hldgs Inc (BACK) had $1.6M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Imac Hldgs Inc have outstanding?

Imac Hldgs Inc (BACK) had 2M shares outstanding as of fiscal year 2024.

What is Imac Hldgs Inc's current ratio?

Imac Hldgs Inc (BACK) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Imac Hldgs Inc's debt-to-equity ratio?

Imac Hldgs Inc (BACK) had a debt-to-equity ratio of -1.28 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Imac Hldgs Inc's cash runway?

Based on fiscal year 2024 data, Imac Hldgs Inc (BACK) had $504K in cash against an annual operating cash burn of $3.2M. This gives an estimated cash runway of approximately 2 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 Imac Hldgs Inc's debt-to-equity ratio negative or unusual?

Imac Hldgs Inc (BACK) has negative shareholder equity of -$5.6M 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.

Can Imac Hldgs Inc cover its interest payments?

Imac Hldgs Inc (BACK) has an interest coverage ratio of -8.8x, 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 Imac Hldgs Inc?

Imac Hldgs Inc (BACK) 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.