Armlogi Holding Corp. (BTOC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed May 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BTOC SEC filings page.
Armlogi Holding Corp. (BTOC) reported $193.6M in revenue over the twelve months to Mar 31, 2026, up 4.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Revenue expansion has been overtaken by cost escalation, turning a profitable operating model into one requiring balance-sheet support.
Revenue increased41.0% across the period, while gross margin crossed below zero. Operating margin likewise fell to-9.3% in FY2025, showing the added sales did not absorb direct and overhead costs.
By FY2025, liabilities were 5.8x equity, up from 2.5x in FY2023, indicating expansion was financed with a progressively thinner equity cushion. The current ratio fell to 0.8x, meaning current assets no longer matched current liabilities at year-end.
FY2025 operating cash flow was positive at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Armlogi Holding Corp.'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.
Armlogi Holding Corp. has an operating margin of -9.3%, meaning the company loses $9 on every $100 of revenue. This results in a profitability score of 27/100. This is down from 4.9% the prior year.
Armlogi Holding Corp.'s revenue grew 14.0% year-over-year to $190.4M, a solid pace of expansion. This earns a growth score of 81/100.
Armlogi Holding Corp. has elevated debt relative to equity (D/E of 5.78), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 9/100, reflecting increased financial risk.
Armlogi Holding Corp.'s current ratio of 0.82 is below the typical benchmark, resulting in a score of 12/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Armlogi Holding Corp. generated $1.5M in operating cash flow, capex of $2.9M consumed most of it, leaving -$1.4M in free cash flow. This results in a low score of 28/100, reflecting heavy capital investment rather than weak cash generation.
Armlogi Holding Corp. posts a -61.2% return on equity (ROE), meaning it loses $61 for every $100 of shareholders' equity. This results in a returns score of 28/100. This is down from 19.0% the prior year.
Armlogi Holding Corp. scores 0.85, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Armlogi Holding Corp. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Armlogi Holding Corp. reported a net loss of $15.3M while generating $1.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Armlogi Holding Corp. generated $41.7M in revenue in Q3 2026. This represents a decrease of 9.1% from the same quarter a year earlier. Against the prior quarter it is down 19.1%.
Armlogi Holding Corp.'s EBITDA was -$4.3M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 22.9% from the same quarter a year earlier. Against the prior quarter it is down 35.7%.
Armlogi Holding Corp. reported -$5.1M in net income in Q3 2026. This represents a decrease of 35.0% from the same quarter a year earlier. Against the prior quarter it is down 31.3%.
Armlogi Holding Corp. earned -$0.11 per diluted share (EPS) in Q3 2026. This represents a decrease of 22.2% from the same quarter a year earlier. Against the prior quarter it is down 37.5%.
Cash & Balance Sheet
Armlogi Holding Corp. recorded an outflow of $2.3M in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents a decrease of 173.8% from the same quarter a year earlier. Against the prior quarter it is down 10.6%.
Armlogi Holding Corp. held $2.7M in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Margins & Returns
Armlogi Holding Corp.'s gross margin was -4.5% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is down 5.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.0 percentage points.
Armlogi Holding Corp.'s operating margin was -12.4% in Q3 2026, reflecting core business profitability. This is down 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.5 percentage points.
Armlogi Holding Corp.'s net profit margin was -12.2% in Q3 2026, showing the share of revenue converted to profit. This is down 4.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.7 percentage points.
Armlogi Holding Corp.'s ROE was -37.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 25.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 16.8 percentage points.
Capital Allocation
Armlogi Holding Corp. invested $151K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 71.1% from the same quarter a year earlier. Against the prior quarter it is down 74.0%.
Not reported for Q3 2026.
Not reported for Q3 2026.
BTOC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.7M-9.1% | $51.5M+0.8% | $49.5M+16.5% | $50.9M+12.5% | $45.8M+19.3% | $51.1M+21.8% | $42.5M+3.0% | $45.3M |
| Cost of Revenue | $43.5M-4.4% | $52.3M+3.3% | $52.0M+12.7% | $51.1M+17.6% | $45.6M+29.8% | $50.7M+47.6% | $46.1M+28.0% | $43.4M |
| Gross Profit | -$1.9M-770.7% | -$770K-259.5% | -$2.5M+31.1% | -$155K-108.4% | $278K-91.6% | $483K-93.7% | -$3.6M-169.0% | $1.9M |
| SG&A Expenses | $3.3M-25.7% | $3.3M+25.2% | $4.2M+14.9% | $3.9M+107.1% | $4.5M+36.8% | $2.7M-8.9% | $3.7M+92.3% | $1.9M |
| Operating Income | -$5.2M-23.7% | -$4.1M-88.4% | -$6.7M+7.9% | -$4.0M-24668.8% | -$4.2M-7767.7% | -$2.2M-145.7% | -$7.3M-319.3% | -$16K |
| EBITDA | -$4.3M-22.9% | -$3.2M-112.2% | -$5.9M+11.0% | -$3.1M-817.8% | -$3.5M-653.0% | -$1.5M-128.2% | -$6.7M-277.5% | $432K |
| Income Tax | N/A | $20K+125.7% | -$3K+99.8% | N/A | N/A | -$76K-105.2% | -$1.4M-231.0% | $132K |
| Net Income | -$5.1M-35.0% | -$3.9M-132.6% | -$6.5M-40.0% | -$5.3M-2138.0% | -$3.8M-650.4% | -$1.7M-144.3% | -$4.6M-268.7% | $259K |
| EPS (Basic) | -$0.11-22.2% | -$0.08-100.0% | -$0.15-36.4% | -$0.13-1400.0% | -$0.09-550.0% | -$0.04-144.4% | -$0.11-257.1% | $0.01-92.3% |
| EPS (Diluted) | -$0.11-22.2% | -$0.08-100.0% | -$0.15-36.4% | -$0.13 | -$0.09-550.0% | -$0.04-144.4% | -$0.11-257.1% | $0.01-92.3% |
| Diluted Shares (Avg) | 45M+8.9% | 45M+9.1% | 42M+2.0% | N/A | 42M+4.3% | 42M+4.1% | 42M+4.1% | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
BTOC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $143.7M-19.3% | $153.1M-6.5% | $156.3M-0.7% | $170.2M+1.9% | $178.0M+4.3% | $163.7M | $157.5M | $167.0M+88.6% |
| Current Assets | $24.8M-37.5% | $29.2M-32.0% | $29.2M-7.7% | $37.7M-0.8% | $39.7M-1.8% | $42.9M | $31.7M | $38.0M+26.0% |
| Cash & Equivalents | $2.7M-52.6% | $5.0M-1.5% | $6.5M+120.8% | $9.2M+16.5% | $5.6M+41.3% | $5.1M+3.3% | $2.9M-56.2% | $7.9M+20.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $130.3M-11.9% | $134.5M+3.1% | $134.0M+9.0% | $145.1M+13.6% | $147.9M+7.6% | $130.5M | $122.9M | $127.8M+102.1% |
| Current Liabilities | $45.8M+6.9% | $45.0M+11.8% | $40.3M+18.8% | $45.8M+38.9% | $42.8M+17.3% | $40.2M | $33.9M | $33.0M+34.7% |
| Non-Current Liabilities | $84.5M-19.5% | $89.6M-0.8% | $93.7M+5.3% | $99.3M+4.8% | $105.1M+4.1% | $90.3M | $89.0M | $94.8M+144.6% |
| Total Equity | $13.5M-55.4% | $18.5M-44.2% | $22.4M-35.3% | $25.1M-36.1% | $30.2M-9.3% | $33.2M+2.5% | $34.6M+22.8% | $39.2M+55.0% |
| Retained Earnings | -$7.0M-151.2% | -$1.9M-111.2% | $1.9M-90.0% | $8.4M-64.6% | $13.7M-41.7% | $17.5M | $19.1M | $23.8M+45.6% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
BTOC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.1M-158.9% | -$1.5M+73.9% | -$1.9M+46.6% | $7.1M+838.6% | $3.6M+681.6% | -$5.6M-1396.5% | -$3.6M-218.0% | -$962K-172.3% |
| Depreciation & Amortization | $897K+27.9% | $934K+36.4% | $779K+26.1% | $949K+71.8% | $702K+21.6% | $685K+27.3% | $617K+42.4% | $552K+50.6% |
| Capital Expenditures | $151K-71.1% | $581K-19.1% | $56K-95.9% | $296K-86.1% | $523K+295.8% | $717K-60.2% | $1.4M+18.2% | $2.1M+9180.3% |
| Free Cash Flow | -$2.3M-173.8% | -$2.0M+67.7% | -$2.0M+60.0% | $6.8M+320.3% | $3.1M+837.2% | -$6.3M-362.6% | -$5.0M-359.1% | -$3.1M-336.4% |
| Investing Cash Flow | -$76K+85.5% | $239K-22.2% | $1.3M+200.0% | -$273K+90.1% | -$523K+28.6% | $308K+117.2% | -$1.3M+39.2% | -$2.8M-5374.4% |
| Financing Cash Flow | -$179K+82.7% | -$182K-102.4% | -$2.1M-5810.4% | -$2.7M-134.9% | -$1.0M-48.8% | $7.7M+27690.4% | -$36K-103.8% | $7.6M+5053.1% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
BTOC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -4.5%-5.1pp | -1.5%-2.4pp | -5.0%+3.5pp | -0.3%-4.4pp | 0.6%-8.0pp | 0.9%-17.3pp | -8.5%-21.2pp | 4.1% |
| Operating Margin | -12.4%-3.3pp | -8.0%-3.7pp | -13.6%+3.6pp | -7.9%-7.9pp | -9.2%-9.3pp | -4.3%-15.6pp | -17.1%-25.2pp | 0.0% |
| Net Margin | -12.2%-4.0pp | -7.5%-4.3pp | -13.2%-2.2pp | -10.4%-10.9pp | -8.2%-10.0pp | -3.2%-12.2pp | -10.9%-17.6pp | 0.6% |
| Return on Equity | -37.7%-25.2pp | -20.8%-15.8pp | -29.1%-15.6pp | -21.1%-21.7pp | -12.4%-14.5pp | -5.0%-16.6pp | -13.4%-23.2pp | 0.7% |
| Return on Assets | -3.5%-1.4pp | -2.5%-1.5pp | -4.2%-1.2pp | -3.1%-3.3pp | -2.1%-2.5pp | -1.0% | -2.9% | 0.2% |
| Current Ratio | 0.54-0.4x | 0.65-0.4x | 0.73-0.2x | 0.82-0.3x | 0.93-0.2x | 1.07 | 0.93 | 1.15-0.1x |
| Debt-to-Equity | 9.68+4.8x | 7.26+3.3x | 5.99+2.4x | 5.78+2.5x | 4.90+0.8x | 3.93 | 3.55 | 3.26+0.8x |
| Asset Turnover | 0.290.0x | 0.340.0x | 0.320.0x | 0.300.0x | 0.260.0x | 0.31 | 0.27 | 0.27 |
| FCF Margin | -5.4%-12.1pp | -4.0%+8.4pp | -4.0%+7.7pp | 13.4%+20.2pp | 6.7%+5.8pp | -12.4%-9.1pp | -11.7%-16.3pp | -6.8% |
Note: The current ratio is below 1.0 (0.82), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Armlogi Holding Corp. BTOC | FY2025 | $190.4M | -$15.3M | -8.1% | $13.9M | 31/100 |
| SHENGFENG DEV LTD SFWL | FY2025 | $572.5M | $11.9M | 2.1% | $68.5M | 60/100 |
| Freightos Ltd CRGO | FY2025 | $29.5M | -$17.5M | -59.5% | $65.1M | 34/100 |
| BingEx FLX | FY2025 | $570.9M | $15.6M | 2.7% | $136.8M | 38/100 |
| Proficient Auto Logistics Inc PAL | FY2025 | N/A | -$36.0M | N/A | $138.9M | — |
| Jayud Global Logistics Limited JYD | FY2025 | $85.5M | -$5.1M | -5.9% | $6.9M | 33/100 |
Where Armlogi Holding Corp. Ranks
Frequently Asked Questions
What is Armlogi Holding Corp.'s annual revenue?
Armlogi Holding Corp. (BTOC) reported $190.4M in total revenue for fiscal year 2025. This represents a 14.0% 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 Armlogi Holding Corp.'s revenue growing?
Armlogi Holding Corp. (BTOC) revenue grew by 14.0% year-over-year, from $167.0M to $190.4M in fiscal year 2025.
Is Armlogi Holding Corp. profitable?
No, Armlogi Holding Corp. (BTOC) reported a net income of -$15.3M in fiscal year 2025, with a net profit margin of -8.1%.
What is Armlogi Holding Corp.'s EBITDA?
Armlogi Holding Corp. (BTOC) had EBITDA of -$14.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Armlogi Holding Corp.'s gross margin?
Armlogi Holding Corp. (BTOC) had a gross margin of -1.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Armlogi Holding Corp.'s operating margin?
Armlogi Holding Corp. (BTOC) had an operating margin of -9.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Armlogi Holding Corp.'s net profit margin?
Armlogi Holding Corp. (BTOC) had a net profit margin of -8.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Armlogi Holding Corp.'s return on equity (ROE)?
Armlogi Holding Corp. (BTOC) has a return on equity of -61.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Armlogi Holding Corp.'s free cash flow?
Armlogi Holding Corp. (BTOC) recorded an outflow of $1.4M in free cash flow during fiscal year 2025. This represents a 35.5% 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.
What is Armlogi Holding Corp.'s operating cash flow?
Armlogi Holding Corp. (BTOC) generated $1.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Armlogi Holding Corp.'s total assets?
Armlogi Holding Corp. (BTOC) had $170.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Armlogi Holding Corp.'s capital expenditures?
Armlogi Holding Corp. (BTOC) invested $2.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Armlogi Holding Corp.'s current ratio?
Armlogi Holding Corp. (BTOC) had a current ratio of 0.82 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Armlogi Holding Corp.'s debt-to-equity ratio?
Armlogi Holding Corp. (BTOC) had a debt-to-equity ratio of 5.78 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Armlogi Holding Corp.'s return on assets (ROA)?
Armlogi Holding Corp. (BTOC) had a return on assets of -9.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Armlogi Holding Corp.'s P/E ratio?
Armlogi Holding Corp. (BTOC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to March 31, 2026). The market capitalization is $13.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Armlogi Holding Corp.'s price-to-sales ratio?
Armlogi Holding Corp. (BTOC) trades at 0.1x sales, its market capitalization divided by revenue of $193.6M revenue, trailing 12 months to March 31, 2026. The market capitalization is $13.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Armlogi Holding Corp.'s Altman Z-Score?
Armlogi Holding Corp. (BTOC) has an Altman Z-Score of 0.85, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Armlogi Holding Corp.'s Piotroski F-Score?
Armlogi Holding Corp. (BTOC) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Armlogi Holding Corp.'s earnings high quality?
Armlogi Holding Corp. (BTOC) reported a net loss of $15.3M while generating $1.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.
How financially healthy is Armlogi Holding Corp.?
Armlogi Holding Corp. (BTOC) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.