Captivision Inc Financials
Captivision Inc (CAPT) reported $14.6M in revenue for fiscal year 2023, down 27.5% from the prior fiscal year. 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).
Captivision’s business is being carried by external funding as near-term obligations overwhelm both sales and cash.
Between FY2022 and FY2023, operating cash outflow nearly doubled from$5.5M to$10.5M . In the same year, financing inflow was$10.5M while the current ratio slipped to 0.2x, showing that day-to-day funding came more from fresh capital than from the underlying business.
The balance-sheet pressure is unusual: FY2023 had only
Free cash flow of
Financial Health Signals
We are recalculating Captivision Inc'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.
Captivision Inc passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Captivision Inc reported a net loss of $77.0M while operations used $10.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Captivision Inc generated $14.6M in revenue in fiscal year 2023. This represents a decrease of 27.5% from the prior year.
Captivision Inc reported -$77.0M in net income in fiscal year 2023. This represents a decrease of 875.5% from the prior year.
Not reported for fiscal year 2023.
Not reported for fiscal year 2023.
Cash & Balance Sheet
Captivision Inc recorded an outflow of $10.7M in free cash flow in fiscal year 2023, representing a cash shortfall after capex. This represents a decrease of 94.0% from the prior year.
Captivision Inc held $477K in cash against $14K in long-term debt as of fiscal year 2023, with $51.3M of liabilities due within a year.
Not reported for fiscal year 2023.
Margins & Returns
Not reported for fiscal year 2023.
Not reported for fiscal year 2023.
Not shown for fiscal year 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for fiscal year 2023.
Capital Allocation
Captivision Inc spent $568K on share buybacks in fiscal year 2023, returning capital to shareholders by reducing shares outstanding.
Captivision Inc invested $191K in capex in fiscal year 2023, funding long-term assets and infrastructure.
Not reported for fiscal year 2023.
CAPT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | $14.6M-27.5% | $20.2M+114.5% | $9.4M |
| Interest Expense | $16K+2.8% | $16K | N/A |
| Income Tax | $2.9M+289.3% | -$1.5M+58.0% | -$3.6M |
| Net Income | -$77.0M-875.5% | -$7.9M+86.9% | -$60.4M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
CAPT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | $21.5M-41.2% | $36.6M | N/A |
| Current Assets | $10.6M+16.1% | $9.2M | N/A |
| Cash & Equivalents | $477K+142.4% | $197K-17.8% | $239K |
| Inventory | $4.7M-16.9% | $5.7M | N/A |
| Total Liabilities | $67.9M+100.2% | $33.9M | N/A |
| Current Liabilities | $51.3M+85.3% | $27.7M | N/A |
| Long-Term Debt | $14K-43.5% | $25K | N/A |
| Total Equity | -$46.4M-1807.4% | $2.7M+122.1% | -$12.3M |
| Retained Earnings | -$136.8M-119.4% | -$62.3M | N/A |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.
CAPT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY23 | FY22 | FY21 |
|---|---|---|---|
| Operating Cash Flow | -$10.5M-90.5% | -$5.5M-10.2% | -$5.0M |
| Capital Expenditures | $191K | $0-100.0% | $181K |
| Free Cash Flow | -$10.7M-94.0% | -$5.5M-6.4% | -$5.2M |
| Investing Cash Flow | $298K+127.0% | -$1.1M-121.2% | $5.2M |
| Financing Cash Flow | $10.5M+59.2% | $6.6M+5376.0% | -$125K |
| Share Buybacks | $568K | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
CAPT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net Margin | -526.0% | -39.1% | -641.4% |
| Return on Equity | N/A | -290.5% | N/A |
| Return on Assets | -357.8%-336.2pp | -21.6% | N/A |
| Current Ratio | 0.21-0.1x | 0.33 | N/A |
| Debt-to-Equity | N/A | 0.01 | N/A |
| FCF Margin | -72.9%-45.7pp | -27.2%+27.7pp | -54.9% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Note: Shareholder equity is negative (-$46.4M), 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 (0.21), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Captivision Inc Ranks
Frequently Asked Questions
What is Captivision Inc's annual revenue?
Captivision Inc (CAPT) reported $14.6M in total revenue for fiscal year 2023. This represents a -27.5% 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 Captivision Inc's revenue growing?
Captivision Inc (CAPT) revenue declined by 27.5% year-over-year, from $20.2M to $14.6M in fiscal year 2023.
Is Captivision Inc profitable?
No, Captivision Inc (CAPT) reported a net income of -$77.0M in fiscal year 2023.
How much debt does Captivision Inc have?
As of fiscal year 2023, Captivision Inc (CAPT) had $477K in cash and equivalents against $14K in long-term debt.
What is Captivision Inc's free cash flow?
Captivision Inc (CAPT) recorded an outflow of $10.7M in free cash flow during fiscal year 2023. This represents a -94.0% 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.
What is Captivision Inc's operating cash flow?
Captivision Inc (CAPT) recorded an outflow of $10.5M in operating cash flow during fiscal year 2023, representing cash used by core business activities.
What are Captivision Inc's total assets?
Captivision Inc (CAPT) had $21.5M in total assets as of fiscal year 2023, including both current and long-term assets.
What are Captivision Inc's capital expenditures?
Captivision Inc (CAPT) invested $191K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.
What is Captivision Inc's current ratio?
Captivision Inc (CAPT) had a current ratio of 0.21 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is Captivision Inc's return on assets (ROA)?
Captivision Inc (CAPT) had a return on assets of -357.8% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
Why is Captivision Inc's debt-to-equity ratio negative or not reported?
Captivision Inc (CAPT) has negative shareholder equity of -$46.4M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 Captivision Inc's Piotroski F-Score?
Captivision Inc (CAPT) has a Piotroski F-Score of 3 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 Captivision Inc's earnings high quality?
Captivision Inc (CAPT) reported a net loss of $77.0M while operations used $10.5M of cash. With neither figure positive, 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.