CAPTIVISION INC (CPTAF) 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 Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2023, filed May 24, 2024. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CPTAF SEC filings page.
CAPTIVISION INC (CPTAF) 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 reported losses and weak liquidity show a business reliant on financing while operations consume cash.
In FY2023, the net loss reached$77.0M while operating cash flow was-$10.5M ; that unusually wide gap indicates reported earnings were dominated by noncash charges and/or working-capital effects rather than equivalent cash consumption. Compared with FY2022, the net margin moved from-39.1% to-526.0% even as revenue fell, showing that the earnings collapse was disproportionate to the sales decline.
The balance-sheet structure is more strained than the small reported long-term debt balance suggests: liabilities were 3.2x assets in FY2023, leaving negative equity of
Free cash flow was
Financial Health Signals
CAPTIVISION INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
CAPTIVISION INC scores -12.53, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $136.8M against total assets of $21.5M. 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.
CAPTIVISION INC passes 2 of 8 computable financial strength tests (1 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), 1 of 2 operating efficiency signals passes.
CAPTIVISION INC reported a net loss of $74.7M while operations used $10.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
CAPTIVISION INC reported an operating loss of $13.3M against $2.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
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 a net loss of $74.7M in fiscal year 2023. The change from the prior year is not meaningful, because that figure was zero or negative.
CAPTIVISION INC earned -$4.05 per diluted share (EPS) in fiscal year 2023. The change from the prior year is not meaningful, because that figure was zero or negative.
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. The change from the prior year is not meaningful, because that figure was zero or negative.
CAPTIVISION INC held $477K in cash against $20.3M in long-term debt as of fiscal year 2023.
Not reported for fiscal year 2023.
Margins & Returns
CAPTIVISION INC's gross margin was 15.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is down 15.6 percentage points from the prior year.
CAPTIVISION INC's operating margin was -90.7% in fiscal year 2023, reflecting core business profitability. This is down 78.1 percentage points from the prior year.
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 invested $750K in research and development in fiscal year 2023. This represents an increase of 149.7% from the prior year.
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. The change from the prior year is not meaningful, because that figure was zero or negative.
CPTAF 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 | FY2310-K | FY2210-K | FY2110-K |
|---|---|---|---|
| Revenue | $14.6M-27.5% | $20.2M+114.5% | $9.4M |
| Cost of Revenue | $12.4M-11.1% | $13.9M+32.0% | $10.5M |
| Gross Profit | $2.3M-63.8% | $6.3Mn/m | -$1.1M |
| R&D Expenses | $750K+149.7% | $300K-67.6% | $927K |
| Operating Income | -$13.3Mn/m | -$2.5Mn/m | -$27.5M |
| Interest Expense | $2.5M+168.2% | $919K-51.0% | $1.9M |
| Income Tax | $2.9Mn/m | -$1.5Mn/m | -$3.6M |
| Net Income | -$74.7Mn/m | -$5.9Mn/m | -$60.1M |
| EPS (Basic) | -$4.05n/m | -$0.41 | -$10.14 |
| EPS (Diluted) | -$4.05n/m | -$0.41 | -$10.14 |
Not reported in any period shown, so not listed: SG&A Expenses, EBITDA, Diluted Shares (Avg).
CPTAF 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 | FY2310-K | FY2210-K | FY2110-K |
|---|---|---|---|
| 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 |
| Non-Current Liabilities | $16.6M+166.7% | $6.2M | N/A |
| Long-Term Debt | $20.3M+22.5% | $16.6M | N/A |
| Total Equity | -$46.4M-1807.4% | $2.7Mn/m | -$12.3M |
| Retained Earnings | -$136.8Mn/m | -$62.3M | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments, Goodwill.
CPTAF 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.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid.
CPTAF 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 | FY2310-K | FY2210-K | FY2110-K |
|---|---|---|---|
| Gross Margin | 15.5%-15.6pp | 31.1%+43.0pp | -11.9% |
| Operating Margin | -90.7%-78.1pp | -12.6% | -291.9% |
| Net Margin | -510.5% | -29.2% | -638.5% |
| Return on Equity | N/A | -216.9% | N/A |
| Return on Assets | -347.3%-331.2pp | -16.1% | N/A |
| Current Ratio | 0.21-0.1x | 0.33 | N/A |
| Debt-to-Equity | N/A | 6.11 | N/A |
| Liabilities-to-Equity | N/A | 12.48 | N/A |
| Asset Turnover | 0.68+0.1x | 0.55 | N/A |
| FCF Margin | -72.9%-45.7pp | -27.2%+27.7pp | -54.9% |
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: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$46.4M), which causes the debt-to-equity, liabilities-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.
Where CAPTIVISION INC Ranks
Frequently Asked Questions
What is CAPTIVISION INC's annual revenue?
CAPTIVISION INC (CPTAF) 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 (CPTAF) 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 (CPTAF) reported a net loss of $74.7M in fiscal year 2023.
How much debt does CAPTIVISION INC have?
As of fiscal year 2023, CAPTIVISION INC (CPTAF) had $477K in cash and equivalents against $20.3M in long-term debt.
What is CAPTIVISION INC's gross margin?
CAPTIVISION INC (CPTAF) had a gross margin of 15.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.
What is CAPTIVISION INC's operating margin?
CAPTIVISION INC (CPTAF) had an operating margin of -90.7% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.
What is CAPTIVISION INC's free cash flow?
CAPTIVISION INC (CPTAF) recorded an outflow of $10.7M in free cash flow during fiscal year 2023. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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 (CPTAF) 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 (CPTAF) 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 (CPTAF) invested $191K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.
How much does CAPTIVISION INC spend on research and development?
CAPTIVISION INC (CPTAF) invested $750K in research and development during fiscal year 2023.
What is CAPTIVISION INC's current ratio?
CAPTIVISION INC (CPTAF) 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 (CPTAF) had a return on assets of -347.3% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
What is CAPTIVISION INC's P/E ratio?
CAPTIVISION INC (CPTAF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2023). The market capitalization is $3K as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CAPTIVISION INC's price-to-sales ratio?
CAPTIVISION INC (CPTAF) trades at 0.0x sales, its market capitalization divided by $14.6M revenue, FY2023. The market capitalization is $3K as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is CAPTIVISION INC's debt-to-equity ratio negative or not reported?
CAPTIVISION INC (CPTAF) has negative shareholder equity of -$46.4M as of fiscal year 2023, so no debt-to-equity or liabilities-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 Altman Z-Score?
CAPTIVISION INC (CPTAF) has an Altman Z-Score of -12.53, 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 CAPTIVISION INC's Piotroski F-Score?
CAPTIVISION INC (CPTAF) has a Piotroski F-Score of 2 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 CAPTIVISION INC's earnings high quality?
CAPTIVISION INC (CPTAF) reported a net loss of $74.7M 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.
Can CAPTIVISION INC cover its interest payments?
CAPTIVISION INC (CPTAF) reported an operating loss of $13.3M against $2.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.