Cuentas Inc Financials
This page shows Cuentas Inc (CUEN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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).
Overhead reduction, not commercial scale, is the dominant mechanic as the company shrinks faster than it stabilizes its economics.
Cash burn improved sharply from-$8.1M in FY2022 to-$598K in FY2024 even as revenue fell to$676K , because SG&A fell from$9.4M to$1.9M . But with gross margin still negative at-11.1% , the lower burn looks more like retrenchment than a core operation that now funds itself.
Liquidity is the immediate constraint: FY2024 ended with just
Repeated losses have erased the equity cushion, shifting from
Financial Health Signals
Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Cuentas Inc'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.
Cuentas Inc has an operating margin of -294.8%, meaning the company retains $-295 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -273.2% the prior year.
Cuentas Inc's revenue declined 71.2% year-over-year, from $2.3M to $676K. This contraction results in a growth score of 0/100.
Cuentas Inc carries a low D/E ratio of -1.35, meaning only $-1.35 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Cuentas Inc's current ratio of 0.26 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Cuentas Inc passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Cuentas Inc generates $0.18 in operating cash flow (-$598K OCF vs -$3.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Cuentas Inc earns $-16.9 in operating income for every $1 of interest expense (-$2.0M vs $118K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Cuentas Inc generated $676K in revenue in fiscal year 2024. This represents a decrease of 71.2% from the prior year.
Cuentas Inc reported -$3.3M in net income in fiscal year 2024. This represents a decrease of 50.7% from the prior year.
Cuentas Inc earned $-1.22 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 28.4% from the prior year.
Cash & Balance Sheet
Cuentas Inc held $15K in cash against $0 in long-term debt as of fiscal year 2024.
Cuentas Inc had 3M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Margins & Returns
Cuentas Inc's gross margin was -11.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 5.4 percentage points from the prior year.
Cuentas Inc's operating margin was -294.8% in fiscal year 2024, reflecting core business profitability. This is down 21.6 percentage points from the prior year.
Cuentas Inc's net profit margin was -489.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 395.9 percentage points from the prior year.
Capital Allocation
CUEN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | $4K-88.2% | $34K-94.7% | $639K-52.6% | $1.3M |
| Cost of Revenue | N/A | N/A | N/A | N/A | $11K-73.8% | $42K-94.1% | $708K-52.4% | $1.5M |
| Gross Profit | N/A | N/A | N/A | N/A | -$7K+12.5% | -$8K+88.4% | -$69K+50.4% | -$139K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $296K-7.5% | $320K+13.1% | $283K | N/A | $299K-36.5% | $471K-39.0% | $772K-69.3% | $2.5M |
| Operating Income | -$296K+7.5% | -$320K-13.1% | -$283K | N/A | -$306K+38.3% | -$496K+41.2% | -$843K+68.2% | -$2.6M |
| Interest Expense | N/A | N/A | $116K | N/A | N/A | N/A | $5K+107.9% | -$63K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$296K-178.3% | $378K+194.7% | -$399K | N/A | -$399K+80.7% | -$2.1M-365.6% | -$445K-121.2% | $2.1M |
| EPS (Diluted) | $-0.11-178.6% | $0.14+193.3% | $-0.15 | N/A | $-0.13+81.4% | $-0.70-366.7% | $-0.15 | N/A |
CUEN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $271K-3.2% | $280K-74.5% | $1.1M-1.4% | $1.1M-8.0% | $1.2M-9.4% | $1.3M-61.4% | $3.4M-26.9% | $4.7M |
| Current Assets | $271K-3.2% | $280K-74.5% | $1.1M-1.4% | $1.1M-7.2% | $1.2M-9.4% | $1.3M+168.5% | $492K-72.0% | $1.8M |
| Cash & Equivalents | N/A | $1K | N/A | $15K0.0% | $15K-73.2% | $56K+100.0% | $28K-86.3% | $205K |
| 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 | $7K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.7M+8.0% | $3.4M-26.1% | $4.6M+8.5% | $4.3M+7.1% | $4.0M+6.4% | $3.8M-2.2% | $3.8M-19.8% | $4.8M |
| Current Liabilities | $3.7M+8.0% | $3.4M-26.1% | $4.6M+8.5% | $4.3M+9.9% | $3.9M+6.6% | $3.7M-2.3% | $3.7M-20.2% | $4.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$3.4M-9.0% | -$3.2M+11.2% | -$3.6M-12.0% | -$3.2M-13.5% | -$2.8M-15.1% | -$2.4M-514.2% | -$395K-464.3% | -$70K |
| Retained Earnings | -$58.6M-0.5% | -$58.3M+0.6% | -$58.7M-0.7% | -$58.3M-0.7% | -$57.9M-0.7% | -$57.5M-3.7% | -$55.4M-0.8% | -$54.9M |
CUEN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1K+99.9% | -$951K-6240.0% | -$15K | N/A | -$72K+65.7% | -$210K+32.3% | -$310K+68.8% | -$992K |
| 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 | $0 | N/A | N/A | N/A | $31K | N/A | N/A | $140K |
| Financing Cash Flow | $0 | N/A | N/A | N/A | $0-100.0% | $188K+41.4% | $133K | $0 |
| 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 | $0 |
CUEN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | -175.0%-151.5pp | -23.5%-12.7pp | -10.8%-0.5pp | -10.3% |
| Operating Margin | N/A | N/A | N/A | N/A | -7650.0%-6191.2pp | -1458.8%-1326.9pp | -131.9%+64.8pp | -196.7% |
| Net Margin | N/A | N/A | N/A | N/A | -9975.0%-3880.9pp | -6094.1%-6024.5pp | -69.6%-225.4pp | 155.8% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -109.2%-244.2pp | 135.0%+171.4pp | -36.4% | N/A | -33.1%+122.5pp | -155.6%-142.7pp | -12.9%-57.4pp | 44.5% |
| Current Ratio | 0.070.0 | 0.08-0.2 | 0.24-0.0 | 0.26-0.0 | 0.31-0.1 | 0.36+0.2 | 0.13-0.2 | 0.38 |
| Debt-to-Equity | -1.08+0.0 | -1.09+0.2 | -1.31+0.0 | -1.35+0.1 | -1.43+0.1 | -1.55+8.2 | -9.73+58.7 | -68.43 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$3.2M), 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 (0.26), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Cuentas Inc's annual revenue?
Cuentas Inc (CUEN) reported $676K in total revenue for fiscal year 2024. This represents a -71.2% 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 Cuentas Inc's revenue growing?
Cuentas Inc (CUEN) revenue declined by 71.2% year-over-year, from $2.3M to $676K in fiscal year 2024.
Is Cuentas Inc profitable?
No, Cuentas Inc (CUEN) reported a net income of -$3.3M in fiscal year 2024, with a net profit margin of -489.5%.
What is Cuentas Inc's gross margin?
Cuentas Inc (CUEN) had a gross margin of -11.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cuentas Inc's operating margin?
Cuentas Inc (CUEN) had an operating margin of -294.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Cuentas Inc's net profit margin?
Cuentas Inc (CUEN) had a net profit margin of -489.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Cuentas Inc's operating cash flow?
Cuentas Inc (CUEN) generated -$598K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Cuentas Inc's total assets?
Cuentas Inc (CUEN) had $1.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Cuentas Inc's current ratio?
Cuentas Inc (CUEN) had a current ratio of 0.26 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Cuentas Inc's debt-to-equity ratio?
Cuentas Inc (CUEN) had a debt-to-equity ratio of -1.35 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cuentas Inc's return on assets (ROA)?
Cuentas Inc (CUEN) had a return on assets of -297.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Cuentas Inc's cash runway?
Based on fiscal year 2024 data, Cuentas Inc (CUEN) had $15K in cash against an annual operating cash burn of $598K. 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 Cuentas Inc's debt-to-equity ratio negative or unusual?
Cuentas Inc (CUEN) has negative shareholder equity of -$3.2M 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.
What is Cuentas Inc's Piotroski F-Score?
Cuentas Inc (CUEN) has a Piotroski F-Score of 4 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cuentas Inc's earnings high quality?
Cuentas Inc (CUEN) has an earnings quality ratio of 0.18x, 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 Cuentas Inc cover its interest payments?
Cuentas Inc (CUEN) has an interest coverage ratio of -16.9x, 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.
How financially healthy is Cuentas Inc?
Cuentas Inc (CUEN) scores 16 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.