Borqs Technologi Financials

Borqs Technologi (BRQSF) reported $27.7M in total revenue for fiscal year 2024. This represents a 34.7% 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.

Borqs Technologi (BRQSF) revenue grew by 34.7% year-over-year, from $20.6M to $27.7M in fiscal year 2024.

Yes, Borqs Technologi (BRQSF) reported a net income of $16.7M in fiscal year 2024, with a net profit margin of 60.3%.

Borqs Technologi (BRQSF) reported diluted earnings per share of $0.55 for fiscal year 2024. This represents a 127.1% 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.

Borqs Technologi (BRQSF) had EBITDA of -$2.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Borqs Technologi (BRQSF) had a gross margin of 20.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Borqs Technologi (BRQSF) had an operating margin of -11.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Borqs Technologi (BRQSF) had a net profit margin of 60.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Borqs Technologi (BRQSF) generated -$2.9M in free cash flow during fiscal year 2024. This represents a 59.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Borqs Technologi (BRQSF) generated -$2.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Borqs Technologi (BRQSF) had $25.4M in total assets as of fiscal year 2024, including both current and long-term assets.

Borqs Technologi (BRQSF) invested $114K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Borqs Technologi (BRQSF) invested $2.3M in research and development during fiscal year 2024.

Borqs Technologi (BRQSF) had 29M shares outstanding as of fiscal year 2024.

Borqs Technologi (BRQSF) had a current ratio of 0.87 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

Borqs Technologi (BRQSF) had a debt-to-equity ratio of -8.52 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Borqs Technologi (BRQSF) had a return on assets of 65.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2024 data, Borqs Technologi (BRQSF) had $2.0M in cash against an annual operating cash burn of $2.8M. This gives an estimated cash runway of approximately 9 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.

Borqs Technologi (BRQSF) has negative shareholder equity of -$3.4M 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.

Borqs Technologi (BRQSF) has a Piotroski F-Score of 6 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.

Borqs Technologi (BRQSF) has an earnings quality ratio of -0.17x, 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.

Borqs Technologi (BRQSF) has an interest coverage ratio of -4.1x, 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.

Borqs Technologi (BRQSF) scores 29 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.