Caro Holdings Financials
This page shows Caro Holdings (CAHO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
Recurring external funding is sustaining a liability-heavy balance sheet while reported revenue remains too small to carry operating and financing costs.
Across the last three valid years, operating cash burn widened from-$175K to-$374K . Financing inflows rose alongside it, from$187K to$390K , but cash never built into a cushion, implying fresh capital is mainly replacing consumed cash rather than strengthening the balance sheet.
In the latest year, the revenue base of
The latest balance sheet looks financed by obligations rather than retained capital, with negative equity of
Financial Health Signals
We are recalculating Caro Holdings's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Caro Holdings scores -6.07, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($14.5M) relative to total liabilities ($1.6M). 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.
Caro Holdings passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Caro Holdings generates $0.54 in operating cash flow (-$374K OCF vs -$693K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Caro Holdings earns $-1.2 in operating income for every $1 of interest expense (-$392K vs $316K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Caro Holdings generated $36K in revenue in fiscal year 2025. This represents an increase of 6194.5% from the prior year.
Caro Holdings reported -$693K in net income in fiscal year 2025. This represents a decrease of 28.6% from the prior year.
Caro Holdings earned $-0.02 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Cash & Balance Sheet
Caro Holdings held $15K in cash against $0 in long-term debt as of fiscal year 2025.
Caro Holdings had 37M shares outstanding in fiscal year 2025. This represents an increase of 1.8% from the prior year.
Margins & Returns
Caro Holdings's operating margin was -1079.6% in fiscal year 2025, reflecting core business profitability. This is up 52443.3 percentage points from the prior year.
Caro Holdings's net profit margin was -1908.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 91513.4 percentage points from the prior year.
Capital Allocation
CAHO Income Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2K+39.2% | $1K-79.5% | $6K-19.9% | $7K+69.5% | $4K-21.7% | $6K-70.1% | $19K | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | 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 | N/A | N/A |
| SG&A Expenses | $4K-18.8% | $5K-23.7% | $6K-18.1% | $8K-92.2% | $101K+311.1% | $25K-0.8% | $25K | N/A |
| Operating Income | -$35K-4.9% | -$33K-18.2% | -$28K+85.5% | -$194K-44.4% | -$135K-232.2% | -$40K-77.4% | -$23K | N/A |
| Interest Expense | $30K-21.9% | $39K+13.1% | $34K-74.2% | $134K+22.3% | $109K+126.3% | $48K+96.2% | $25K | N/A |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| Net Income | -$64K+22.4% | -$82K-125.5% | -$36K+88.3% | -$311K-16.5% | -$267K-292.0% | -$68K-46.8% | -$46K | N/A |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | N/A | $-0.01 | $0.00 | $0.00 | N/A |
CAHO Balance Sheet
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $444K-3.0% | $458K-0.1% | $458K-2.1% | $468K-2.7% | $481K+1.2% | $475K+3.5% | $459K-4.8% | $483K |
| Current Assets | $259K-1.8% | $264K+3.4% | $255K-0.3% | $256K-1.4% | $260K+6.0% | $245K+11.5% | $220K-6.0% | $234K |
| Cash & Equivalents | $760-89.7% | $7K+46.4% | $5K-65.4% | $15K-41.6% | $25K-6.0% | $27K+356.3% | $6K-72.0% | $21K |
| 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 | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.8M+2.9% | $1.7M+4.4% | $1.7M+3.3% | $1.6M+24.2% | $1.3M+23.9% | $1.0M+7.1% | $971K+2.5% | $947K |
| Current Liabilities | $1.8M+2.9% | $1.7M+4.4% | $1.7M+3.3% | $1.6M+24.2% | $1.3M+23.9% | $1.0M+7.1% | $971K+2.5% | $947K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.3M-5.0% | -$1.3M-6.1% | -$1.2M-5.5% | -$1.1M-40.3% | -$807K-43.2% | -$564K-10.3% | -$511K-10.0% | -$465K |
| Retained Earnings | -$2.0M-3.3% | -$1.9M-4.5% | -$1.8M-2.0% | -$1.8M-21.0% | -$1.5M-21.9% | -$1.2M-5.9% | -$1.1M-4.2% | -$1.1M |
CAHO Cash Flow Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$32K-7.3% | -$30K-176.7% | -$11K+93.6% | -$168K-8.6% | -$155K-882.9% | -$16K+54.4% | -$35K-6.1% | -$33K |
| 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 | -$651+36.7% | -$1K+57.1% | -$2K | $0+100.0% | -$10K-445.1% | -$2K | $0+100.0% | -$2K |
| Financing Cash Flow | $27K+10.7% | $24K-22.0% | $31K-82.1% | $173K+20.9% | $143K+162.4% | $55K+172.5% | $20K-60.4% | $51K |
| 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 |
CAHO Financial Ratios
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -2043.4%+667.7pp | -2711.1%-2240.0pp | -471.1%+2129.3pp | -2600.4%+452.4pp | -3052.8%-2332.9pp | -719.9%-598.5pp | -121.4% | N/A |
| Net Margin | -3714.0%+2946.7pp | -6660.8%-6054.2pp | -606.6%+3559.6pp | -4166.2%+1896.8pp | -6063.1%-4851.6pp | -1211.4%-964.7pp | -246.7% | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -14.3%+3.6pp | -17.9%-10.0pp | -7.9%+58.6pp | -66.5%-10.9pp | -55.6%-41.2pp | -14.3%-4.2pp | -10.1% | N/A |
| Current Ratio | 0.150.0 | 0.150.0 | 0.150.0 | 0.16-0.0 | 0.20-0.0 | 0.240.0 | 0.23-0.0 | 0.25 |
| Debt-to-Equity | -1.33+0.0 | -1.36+0.0 | -1.38+0.0 | -1.41+0.2 | -1.60+0.2 | -1.84+0.1 | -1.90+0.1 | -2.04 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$1.1M), 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 (0.16), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Caro Holdings's annual revenue?
Caro Holdings (CAHO) reported $36K in total revenue for fiscal year 2025. This represents a 6194.5% 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 Caro Holdings's revenue growing?
Caro Holdings (CAHO) revenue grew by 6194.5% year-over-year, from $577 to $36K in fiscal year 2025.
Is Caro Holdings profitable?
No, Caro Holdings (CAHO) reported a net income of -$693K in fiscal year 2025, with a net profit margin of -1908.0%.
What is Caro Holdings's operating margin?
Caro Holdings (CAHO) had an operating margin of -1079.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Caro Holdings's net profit margin?
Caro Holdings (CAHO) had a net profit margin of -1908.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Caro Holdings's operating cash flow?
Caro Holdings (CAHO) generated -$374K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Caro Holdings's total assets?
Caro Holdings (CAHO) had $468K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Caro Holdings's current ratio?
Caro Holdings (CAHO) had a current ratio of 0.16 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Caro Holdings's debt-to-equity ratio?
Caro Holdings (CAHO) had a debt-to-equity ratio of -1.41 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Caro Holdings's return on assets (ROA)?
Caro Holdings (CAHO) had a return on assets of -148.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Caro Holdings's cash runway?
Based on fiscal year 2025 data, Caro Holdings (CAHO) had $15K in cash against an annual operating cash burn of $374K. This gives an estimated cash runway of approximately 0 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 Caro Holdings's debt-to-equity ratio negative or unusual?
Caro Holdings (CAHO) has negative shareholder equity of -$1.1M 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 Caro Holdings's Altman Z-Score?
Caro Holdings (CAHO) has an Altman Z-Score of -6.07, 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 Caro Holdings's Piotroski F-Score?
Caro Holdings (CAHO) has a Piotroski F-Score of 2 out of 7 computable signals; 2 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 Caro Holdings's earnings high quality?
Caro Holdings (CAHO) has an earnings quality ratio of 0.54x, 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 Caro Holdings cover its interest payments?
Caro Holdings (CAHO) has an interest coverage ratio of -1.2x, 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.