What is Cuentas Inc's earnings per share (EPS)?

Cuentas Inc (CUEN) reported diluted earnings per share of $-0.53 for fiscal year 2025. This represents a 56.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cuentas Inc Financials

CUEN

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Cuentas Inc (CUEN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI CUEN FY2024 2026-04-23

Cuentas’ reported economics show a cost base far larger than revenue, with liquidity sustained mainly by financing rather than operations.

From FY2023 to FY2024, operating cash burn narrowed from -$4.2M to -$598K, showing a much smaller cash drain. That improvement came alongside revenue slipping to $676K while gross margin stayed negative at -11.1%, so the change looks more like overhead reduction than a fix to the underlying unit economics.

The FY2024 balance sheet reads as externally financed working capital: cash was just $15K against current liabilities of $4.3M. With a current ratio of 0.3x and negative equity of -$3.2M, day-to-day funding capacity looks thinner than the reported liability load.

Reported earnings and cash tell different parts of the story: net loss was -$3.3M while operating cash outflow was -$598K, so FY2024 earnings were hit harder than cash. Yet because gross profit remained negative, the business still has not reached a point where sales cover direct costs before overhead.

Financial Health Signals

Financial Profile 16/100

Based on FY2025 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.

Leverage

Cuentas Inc carries a low D/E ratio of -1.24, meaning only $-1.24 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.

Liquidity

Cuentas Inc's current ratio of 0.17 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak

2/9

Cuentas Inc passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.87x

For every $1 of reported earnings, Cuentas Inc generates $0.87 in operating cash flow (-$1.4M OCF vs -$1.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-45.1x

Cuentas Inc earns $-45.1 in operating income for every $1 of interest expense (-$1.9M vs $42K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$1.6M

YoY+52.5%

Cuentas Inc reported -$1.6M in net income in fiscal year 2025. This represents an increase of 52.5% from the prior year.

EPS (Diluted)

$-0.53

YoY+56.6%

Cuentas Inc earned $-0.53 per diluted share (EPS) in fiscal year 2025. This represents an increase of 56.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$57K

YoY+280.0%

5Y CAGR-24.1%

10Y CAGR+12.2%

Cuentas Inc held $57K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.4%

5Y CAGR-23.7%

Cuentas Inc had 3M shares outstanding in fiscal year 2025. This represents an increase of 0.4% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CUEN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	$676K-71.2%	$2.3M-21.6%	$3.0M+404.9%	$593K+6.3%	$558K
Cost of Revenue	N/A	$751K-72.5%	$2.7M+9.0%	$2.5M+434.8%	$469K-32.7%	$697K
Gross Profit	N/A	-$75K+80.6%	-$387K-179.6%	$486K+291.9%	$124K+189.2%	-$139K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.9M-0.3%	$1.9M-68.4%	$6.0M-36.3%	$9.4M+5.0%	$9.0M+53.8%	$5.8M
Operating Income	-$1.9M+5.0%	-$2.0M+68.9%	-$6.4M+55.4%	-$14.4M-34.6%	-$10.7M-37.1%	-$7.8M
Interest Expense	$42K-64.4%	$118K+268.6%	-$70K-683.3%	$12K-93.0%	$172K+59.3%	$108K
Income Tax	N/A	$0	$0	$0	$0	$0
Net Income	-$1.6M+52.5%	-$3.3M-50.7%	-$2.2M+84.9%	-$14.5M-35.4%	-$10.7M-43.4%	-$7.5M
EPS (Diluted)	$-0.53+56.6%	$-1.22-28.4%	$-0.95+92.0%	$-11.81-26.7%	$-9.32	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	N/A	N/A	N/A	N/A	N/A	$4K-88.2%	$34K-94.7%	$639K
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	$11K-73.8%	$42K-94.1%	$708K
Gross Profit	N/A	N/A	N/A	N/A	N/A	-$7K+12.5%	-$8K+88.4%	-$69K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$296K-7.5%	$320K+13.1%	$283K	N/A	$299K-36.5%	$471K-39.0%	$772K
Operating Income	N/A	-$296K+7.5%	-$320K-13.1%	-$283K	N/A	-$306K+38.3%	-$496K+41.2%	-$843K
Interest Expense	N/A	N/A	N/A	$116K	N/A	N/A	N/A	$5K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$296K-178.3%	$378K+194.7%	-$399K	N/A	-$399K+80.7%	-$2.1M-365.6%	-$445K
EPS (Diluted)	N/A	$-0.11-178.6%	$0.14+193.3%	$-0.15	N/A	$-0.13+81.4%	$-0.70-366.7%	$-0.15

CUEN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$962K-13.4%	$1.1M-76.5%	$4.7M+214.9%	$1.5M-87.8%	$12.3M+63.4%	$7.5M
Current Assets	$841K-24.3%	$1.1M-36.9%	$1.8M+155.4%	$689K-89.8%	$6.8M+2190.5%	$296K
Cash & Equivalents	$57K+280.0%	$15K-92.7%	$205K-56.0%	$466K-92.9%	$6.6M+2810.6%	$227K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	$7K-36.4%	$11K0.0%	$11K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.9M+14.7%	$4.3M-10.6%	$4.8M+115.5%	$2.2M-20.8%	$2.8M-57.3%	$6.6M
Current Liabilities	$4.9M+14.7%	$4.3M-8.7%	$4.7M+119.7%	$2.1M-21.5%	$2.7M-58.0%	$6.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$3.9M-24.5%	-$3.2M-4428.6%	-$70K+90.3%	-$724K-107.7%	$9.4M+915.0%	$931K
Retained Earnings	-$59.8M-2.7%	-$58.3M-6.0%	-$54.9M-4.2%	-$52.8M-38.0%	-$38.2M-39.0%	-$27.5M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$962K+255.0%	$271K-3.2%	$280K-74.5%	$1.1M-1.4%	$1.1M-8.0%	$1.2M-9.4%	$1.3M-61.4%	$3.4M
Current Assets	$841K+210.3%	$271K-3.2%	$280K-74.5%	$1.1M-1.4%	$1.1M-7.2%	$1.2M-9.4%	$1.3M+168.5%	$492K
Cash & Equivalents	$57K	N/A	$1K	N/A	$15K0.0%	$15K-73.2%	$56K+100.0%	$28K
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	$4.9M+32.4%	$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
Current Liabilities	$4.9M+32.4%	$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
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$3.9M-14.9%	-$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
Retained Earnings	-$59.8M-2.1%	-$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

CUEN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$1.4M-129.3%	-$598K+85.7%	-$4.2M+48.5%	-$8.1M+12.8%	-$9.3M-436.8%	-$1.7M
Capital Expenditures	N/A	N/A	$11K+57.1%	$7K	N/A	N/A
Free Cash Flow	N/A	N/A	-$4.2M+48.4%	-$8.1M	N/A	N/A
Investing Cash Flow	$825K+796.7%	$92K+104.4%	-$2.1M-216.0%	-$664K-663.2%	-$87K	N/A
Financing Cash Flow	$588K+86.1%	$316K-94.8%	$6.0M+126.7%	$2.7M-83.2%	$15.8M+710.5%	$1.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$4K-86.2%	$29K	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$404K-40300.0%	-$1K+99.9%	-$951K-6240.0%	-$15K	N/A	-$72K+65.7%	-$210K+32.3%	-$310K
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	$0	N/A	N/A	N/A	$31K	N/A	N/A
Financing Cash Flow	$461K	$0	N/A	N/A	N/A	$0-100.0%	$188K+41.4%	$133K
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

CUEN Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	-11.1%+5.4pp	-16.5%-32.7pp	16.2%-4.7pp	20.9%+45.8pp	-24.9%
Operating Margin	N/A	-294.8%-21.6pp	-273.2%+206.3pp	-479.5%+1319.0pp	-1798.5%-404.4pp	-1394.1%
Net Margin	N/A	-489.5%-395.9pp	-93.6%+391.7pp	-485.3%+1323.8pp	-1809.1%-468.1pp	-1341.0%
Return on Equity	N/A	N/A	N/A	N/A	-113.5%+690.2pp	-803.8%
Return on Assets	-163.3%+134.5pp	-297.8%-251.3pp	-46.5%+922.9pp	-969.4%-881.9pp	-87.5%+12.3pp	-99.8%
Current Ratio	0.17-0.1	0.26-0.1	0.38+0.1	0.32-2.2	2.49+2.4	0.05
Debt-to-Equity	-1.24+0.1	-1.35+67.1	-68.43-65.4	-3.07-3.4	0.30-6.8	7.06
FCF Margin	N/A	N/A	-179.2%+92.8pp	-272.0%	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	-175.0%-151.5pp	-23.5%-12.7pp	-10.8%
Operating Margin	N/A	N/A	N/A	N/A	N/A	-7650.0%-6191.2pp	-1458.8%-1326.9pp	-131.9%
Net Margin	N/A	N/A	N/A	N/A	N/A	-9975.0%-3880.9pp	-6094.1%-6024.5pp	-69.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-109.2%-244.2pp	135.0%+171.4pp	-36.4%	N/A	-33.1%+122.5pp	-155.6%-142.7pp	-12.9%
Current Ratio	0.17+0.1	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
Debt-to-Equity	-1.24-0.2	-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
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$3.9M), 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 (0.17), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Cuentas Inc profitable?

No, Cuentas Inc (CUEN) reported a net income of -$1.6M in fiscal year 2025.

What is Cuentas Inc's operating cash flow?

Cuentas Inc (CUEN) generated -$1.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cuentas Inc's total assets?

Cuentas Inc (CUEN) had $962K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Cuentas Inc have outstanding?

Cuentas Inc (CUEN) had 3M shares outstanding as of fiscal year 2025.

What is Cuentas Inc's current ratio?

Cuentas Inc (CUEN) had a current ratio of 0.17 as of fiscal year 2025, 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 -1.24 as of fiscal year 2025, 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 -163.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Cuentas Inc's cash runway?

Based on fiscal year 2025 data, Cuentas Inc (CUEN) had $57K in cash against an annual operating cash burn of $1.4M. 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 -$3.9M 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 Cuentas Inc's Piotroski F-Score?

Cuentas Inc (CUEN) has a Piotroski F-Score of 2 out of 9, indicating weak 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 0.87x, 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 -45.1x, 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.