Cytta Corp Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Cytta Corp has an operating margin of -86553.3%, meaning the company retains $-86553 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 -15374.5% the prior year.
Cytta Corp's revenue declined 85.1% year-over-year, from $30K to $4K. This contraction results in a growth score of 0/100.
Cytta Corp's current ratio of 0.82 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 13/100, which could limit financial flexibility.
While Cytta Corp generated -$1.8M in operating cash flow, capex of $15K consumed most of it, leaving -$1.8M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Cytta Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Cytta Corp generates $0.43 in operating cash flow (-$1.8M OCF vs -$4.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Cytta Corp earns $-10.3 in operating income for every $1 of interest expense (-$3.9M vs $377K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Cytta Corp (CYCA) 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).
Key Financial Metrics
Cytta Corp generated $4K in revenue in fiscal year 2024. This represents a decrease of 85.1% from the prior year.
Cytta Corp's EBITDA was -$3.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 28.7% from the prior year.
Cytta Corp generated -$1.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 27.4% from the prior year.
Cytta Corp reported -$4.3M in net income in fiscal year 2024. This represents an increase of 9.8% from the prior year.
Cytta Corp earned $-0.01 per diluted share (EPS) in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Cytta Corp held $1.4M in cash against $0 in long-term debt as of fiscal year 2024.
Cytta Corp had 467M shares outstanding in fiscal year 2024. This represents an increase of 11.7% from the prior year.
Cytta Corp's operating margin was -86553.3% in fiscal year 2024, reflecting core business profitability. This is down 71178.8 percentage points from the prior year.
Cytta Corp's net profit margin was -94933.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 79202.8 percentage points from the prior year.
Cytta Corp invested $15K in capex in fiscal year 2024, funding long-term assets and infrastructure.
CYCA Income Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $416-66.7% | $1K0.0% | $1K+50.1% | $832 | $0-100.0% | $2K-70.3% | $8K0.0% | $8K |
| Cost of Revenue | $13K-29.2% | $19K+0.9% | $18K | $0 | $0 | $0 | N/A | N/A |
| Gross Profit | -$13K+26.5% | -$17K-1.0% | -$17K-2168.5% | $832 | $0-100.0% | $2K | 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 | $217K-2.0% | $221K-0.2% | $222K-0.3% | $222K+2.6% | $217K+1.7% | $213K-48.5% | $414K+83.5% | $226K |
| Operating Income | -$373K+35.6% | -$579K+12.1% | -$659K+49.1% | -$1.3M-43.0% | -$906K+8.3% | -$988K+22.4% | -$1.3M-95.3% | -$652K |
| Interest Expense | $14K-80.6% | $73K+12.9% | $65K-59.3% | $159K+91.7% | $83K+16.4% | $71K+814.8% | $8K | N/A |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$2.1M-134.2% | $6.2M+959.2% | -$724K+50.2% | -$1.5M-47.1% | -$989K+6.7% | -$1.1M+18.7% | -$1.3M-96.4% | -$663K |
| EPS (Diluted) | $0.00-100.0% | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | N/A | N/A |
CYCA Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.5M-27.5% | $7.5M+383.0% | $1.6M-28.4% | $2.2M+58.7% | $1.4M-11.8% | $1.6M-32.5% | $2.3M+432.5% | $432K |
| Current Assets | $5.4M-27.5% | $7.5M+405.3% | $1.5M-25.3% | $2.0M+106.0% | $963K-6.5% | $1.0M-38.0% | $1.7M+399.3% | $333K |
| Cash & Equivalents | $417K-33.7% | $629K-37.6% | $1.0M-30.0% | $1.4M+226.0% | $442K+13.2% | $390K-42.2% | $675K+215.1% | $214K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
| Accounts Receivable | N/A | N/A | $231K | $0 | 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 | $1.4M+4.2% | $1.4M-46.3% | $2.5M+4.4% | $2.4M-20.5% | $3.0M+14.4% | $2.7M+3.6% | $2.6M+258.1% | $715K |
| Current Liabilities | $1.4M+4.2% | $1.4M-46.3% | $2.5M+4.4% | $2.4M-20.5% | $3.0M+14.4% | $2.7M+3.6% | $2.6M+268.3% | $696K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $4.0M-34.5% | $6.2M+742.1% | -$962K-305.0% | -$237K+85.7% | -$1.7M-51.5% | -$1.1M-322.3% | -$260K+8.0% | -$283K |
| Retained Earnings | -$33.5M-6.8% | -$31.4M+16.6% | -$37.6M-2.0% | -$36.9M-6.4% | -$34.7M-2.9% | -$33.7M-3.2% | -$32.6M-10.0% | -$29.6M |
CYCA Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$212K+43.6% | -$376K+12.9% | -$432K-7.3% | -$402K+13.7% | -$466K-43.6% | -$325K-2.3% | -$317K-38.4% | -$229K |
| Capital Expenditures | $0 | N/A | N/A | $0 | N/A | N/A | $0 | N/A |
| Free Cash Flow | -$212K | N/A | N/A | -$402K | N/A | N/A | -$317K | N/A |
| Investing Cash Flow | $0+100.0% | -$3K | $0 | $0 | $0 | $0 | $0 | N/A |
| Financing Cash Flow | $0 | $0 | $0-100.0% | $125K-75.8% | $518K+1193.8% | $40K-92.1% | $505K+68.3% | $300K |
| 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 |
CYCA Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -3071.6%-1679.9pp | -1391.8%-13.9pp | -1377.9%-1477.9pp | 100.0% | N/A | 100.0% | N/A | N/A |
| Operating Margin | -89655.8%-43265.3pp | -46390.5%+6405.1pp | -52795.6%+102843.2pp | -155638.8% | N/A | -40980.6%-25290.2pp | -15690.3%-7658.8pp | -8031.6% |
| Net Margin | -511841.3%-1009983.9pp | 498142.5%+556118.4pp | -57975.9%+116756.9pp | -174732.8% | N/A | -43929.0%-27876.0pp | -16052.9%-7882.1pp | -8170.9% |
| Return on Equity | N/A | 100.8% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -39.0%-121.7pp | 82.7%+129.1pp | -46.5%+8.3pp | -54.8%+17.3pp | -72.1%-4.0pp | -68.2%+120.4pp | -188.6%-35.1pp | -153.5% |
| Current Ratio | 3.85-1.7 | 5.54+5.0 | 0.59-0.2 | 0.82+0.5 | 0.32-0.1 | 0.39-0.3 | 0.65+0.2 | 0.48 |
| Debt-to-Equity | 0.35+0.1 | 0.22+2.8 | -2.62+7.5 | -10.16-8.3 | -1.82+0.6 | -2.41+7.4 | -9.84-7.3 | -2.53 |
| FCF Margin | -51002.2% | N/A | N/A | -76371.5% | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$237K), 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 (0.82), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Cytta Corp's annual revenue?
Cytta Corp (CYCA) reported $4K in total revenue for fiscal year 2024. This represents a -85.1% 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 Cytta Corp's revenue growing?
Cytta Corp (CYCA) revenue declined by 85.1% year-over-year, from $30K to $4K in fiscal year 2024.
Is Cytta Corp profitable?
No, Cytta Corp (CYCA) reported a net income of -$4.3M in fiscal year 2024, with a net profit margin of -94933.5%.
What is Cytta Corp's earnings per share (EPS)?
Cytta Corp (CYCA) reported diluted earnings per share of $-0.01 for fiscal year 2024. This represents a 0.0% 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.
What is Cytta Corp's EBITDA?
Cytta Corp (CYCA) had EBITDA of -$3.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cytta Corp's operating margin?
Cytta Corp (CYCA) had an operating margin of -86553.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Cytta Corp's net profit margin?
Cytta Corp (CYCA) had a net profit margin of -94933.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Cytta Corp's free cash flow?
Cytta Corp (CYCA) generated -$1.8M in free cash flow during fiscal year 2024. This represents a -27.4% 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 Cytta Corp's operating cash flow?
Cytta Corp (CYCA) generated -$1.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Cytta Corp's total assets?
Cytta Corp (CYCA) had $2.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Cytta Corp's capital expenditures?
Cytta Corp (CYCA) invested $15K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Cytta Corp have outstanding?
Cytta Corp (CYCA) had 467M shares outstanding as of fiscal year 2024.
What is Cytta Corp's current ratio?
Cytta Corp (CYCA) had a current ratio of 0.82 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Cytta Corp's debt-to-equity ratio?
Cytta Corp (CYCA) had a debt-to-equity ratio of -10.16 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cytta Corp's return on assets (ROA)?
Cytta Corp (CYCA) had a return on assets of -196.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Cytta Corp's cash runway?
Based on fiscal year 2024 data, Cytta Corp (CYCA) had $1.4M in cash against an annual operating cash burn of $1.8M. This gives an estimated cash runway of approximately 10 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 Cytta Corp's debt-to-equity ratio negative or unusual?
Cytta Corp (CYCA) has negative shareholder equity of -$237K 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 Cytta Corp's Piotroski F-Score?
Cytta Corp (CYCA) has a Piotroski F-Score of 3 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cytta Corp's earnings high quality?
Cytta Corp (CYCA) has an earnings quality ratio of 0.43x, 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 Cytta Corp cover its interest payments?
Cytta Corp (CYCA) has an interest coverage ratio of -10.3x, 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 Cytta Corp?
Cytta Corp (CYCA) scores 3 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.