Cykel AI PLC Financials
This page shows Cykel AI PLC (DFUKF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
An externally funded balance-sheet expansion reshaped FY2025, while operations still consumed cash instead of supporting the larger asset base.
FY2025’s financing inflows of$242.9M were deployed largely into investment outflows of$221.5M , so the company’s new scale came from capital raising more than from operating accumulation. That matters because the enlarged asset base still absorbed cash, with operating cash flow at-$18.0M , meaning the business is not yet self-funding.
The income statement now carries a visible financing burden: FY2025 revenue was
Across FY2023 through FY2025, operating cash flow stayed negative even as revenue stepped up, which suggests growth has required outside capital rather than generating internal funding. The same shift shows up in tighter liquidity, with the current ratio falling from 7.8x to 1.5x as short-term obligations became a much larger part of the balance sheet.
Financial Health Signals
We are recalculating Cykel AI PLC'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.
Cykel AI PLC 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), neither operating efficiency signal passes.
For every $1 of reported earnings, Cykel AI PLC generates $0.24 in operating cash flow (-$18.0M OCF vs -$73.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Cykel AI PLC earns $-4.1 in operating income for every $1 of interest expense (-$36.4M vs $8.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Cykel AI PLC generated $11.4M in revenue in fiscal year 2025. This represents an increase of 442.3% from the prior year.
Cykel AI PLC's EBITDA was -$35.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1211.3% from the prior year.
Cykel AI PLC reported -$73.8M in net income in fiscal year 2025. This represents a decrease of 2605.8% from the prior year.
Cykel AI PLC earned $-4.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1328.6% from the prior year.
Cash & Balance Sheet
Cykel AI PLC generated -$18.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 636.1% from the prior year.
Cykel AI PLC held $5.9M in cash against $127.4M in long-term debt as of fiscal year 2025.
Cykel AI PLC had 31M shares outstanding in fiscal year 2025. This represents an increase of 216.9% from the prior year.
Margins & Returns
Cykel AI PLC's gross margin was 97.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the prior year.
Cykel AI PLC's operating margin was -319.7% in fiscal year 2025, reflecting core business profitability. This is down 176.7 percentage points from the prior year.
Cykel AI PLC's net profit margin was -648.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 518.2 percentage points from the prior year.
Cykel AI PLC's ROE was -74.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.5 percentage points from the prior year.
Capital Allocation
Cykel AI PLC invested $1.1M in research and development in fiscal year 2025. This represents an increase of 74.4% from the prior year.
Cykel AI PLC spent $11.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 230300.0% from the prior year.
Cykel AI PLC invested $2K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 91.3% from the prior year.
DFUKF Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7M-40.6% | $4.5M-3.0% | $4.6M+132.9% | $2.0M+591.6% | $287K-54.3% | $629K+1.5% | $619K+40.4% | $441K |
| Cost of Revenue | $103K-18.3% | $126K+43.2% | $88K+214.3% | $28K+300.0% | $7K-5.0% | $7K-7.9% | $8K0.0% | $8K |
| Gross Profit | $2.6M-41.3% | $4.4M-3.9% | $4.5M+131.7% | $2.0M+598.9% | $280K-54.9% | $621K+1.7% | $611K+41.1% | $433K |
| R&D Expenses | $141K-63.9% | $391K+45.4% | $269K-14.1% | $313K+85.2% | $169K-4.3% | $177K+17.0% | $151K-1.9% | $154K |
| SG&A Expenses | $6.0M+8.5% | $5.5M+55.0% | $3.6M-23.6% | $4.7M+761.3% | $543K-12.7% | $622K+10.3% | $564K-15.4% | $667K |
| Operating Income | -$55.2M+55.8% | -$124.8M-273.1% | $72.1M+319.3% | $17.2M+2046.8% | -$883K-30.1% | -$679K-49.5% | -$454K+46.7% | -$852K |
| Interest Expense | $2.2M-57.9% | $5.2M+78.0% | $2.9M+278.0% | $776K | $0 | N/A | N/A | N/A |
| Income Tax | $0+100.0% | -$19.1M-206.6% | $17.9M+1393.3% | $1.2M | $0 | N/A | N/A | N/A |
| Net Income | -$83.4M+42.3% | -$144.5M-357.9% | $56.0M+263.1% | $15.4M+2083.5% | -$778K-59.8% | -$487K-3.4% | -$471K+41.5% | -$805K |
| EPS (Diluted) | $-3.18 | N/A | $1.95+132.1% | $0.84+1150.0% | $-0.08 | N/A | $-0.05+37.5% | $-0.08 |
DFUKF Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $229.7M-25.3% | $307.4M-36.0% | $480.0M+347.6% | $107.2M+2478.9% | $4.2M-5.0% | $4.4M-2.4% | $4.5M-5.7% | $4.8M |
| Current Assets | $127.8M+4.8% | $121.9M-30.1% | $174.4M+3026.7% | $5.6M+82.6% | $3.1M-6.7% | $3.3M+5.2% | $3.1M-9.0% | $3.4M |
| Cash & Equivalents | $3.7M-37.8% | $5.9M-32.7% | $8.8M+256.3% | $2.5M+37.2% | $1.8M-28.0% | $2.5M-9.7% | $2.8M-14.5% | $3.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | $52K0.0% | $52K-95.2% | $1.1M+73.1% | $631K+223.8% | $195K+17.6% | $166K+49.1% | $111K |
| Goodwill | $607K0.0% | $607K0.0% | $607K0.0% | $607K+0.1% | $607K-0.1% | $607K+0.1% | $607K0.0% | $607K |
| Total Liabilities | $219.5M+5.5% | $208.1M-11.9% | $236.2M+755.1% | $27.6M+2007.8% | $1.3M+49.9% | $874K+65.2% | $529K+7.2% | $494K |
| Current Liabilities | $91.7M+13.6% | $80.8M-5.6% | $85.5M+1563.7% | $5.1M+386.6% | $1.1M+78.2% | $593K+69.4% | $350K+11.2% | $315K |
| Long-Term Debt | $127.8M+0.3% | $127.4M-3.1% | $131.4M+519.7% | $21.2M | N/A | $0 | N/A | N/A |
| Total Equity | $10.2M-89.7% | $99.3M-59.3% | $243.8M+206.2% | $79.6M+2695.4% | $2.8M-18.7% | $3.5M-11.5% | $4.0M-7.2% | $4.3M |
| Retained Earnings | -$175.3M-91.0% | -$91.8M-249.7% | $61.3M+1060.3% | $5.3M+152.1% | -$10.1M-8.3% | -$9.4M-5.5% | -$8.9M-5.6% | -$8.4M |
DFUKF Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$9.8M+10.2% | -$10.9M-119.2% | -$5.0M-291.8% | -$1.3M-62.0% | -$785K-338.5% | -$179K+56.6% | -$412K+39.5% | -$681K |
| Capital Expenditures | N/A | $0 | $0 | N/A | N/A | $10K | $0-100.0% | $7K |
| Free Cash Flow | N/A | -$10.9M-119.2% | -$5.0M | N/A | N/A | -$189K+54.1% | -$412K+40.1% | -$687K |
| Investing Cash Flow | $16.2M+9.6% | $14.8M+108.4% | -$175.1M-185.8% | -$61.3M | $0+100.0% | -$7K-133.3% | -$3K+54.7% | -$7K |
| Financing Cash Flow | -$8.6M-28.1% | -$6.7M-103.6% | $186.4M+194.9% | $63.2M+90172.9% | $70K+207.7% | -$65K-20.4% | -$54K-23175.9% | -$232 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $10.5M | N/A | N/A | N/A | $0 | $0 | N/A | N/A |
DFUKF Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 96.1%-1.1pp | 97.2%-0.9pp | 98.1%-0.5pp | 98.6%+1.0pp | 97.6%-1.3pp | 98.8%+0.1pp | 98.7%+0.5pp | 98.2% |
| Operating Margin | -2072.8%+707.8pp | -2780.7%-4339.3pp | 1558.6%+693.1pp | 865.6%+1173.0pp | -307.5%-199.5pp | -108.0%-34.7pp | -73.3%+119.9pp | -193.2% |
| Net Margin | -3130.3%+88.8pp | -3219.1%-4430.5pp | 1211.4%+434.3pp | 777.0%+1048.0pp | -270.9%-193.4pp | -77.5%-1.4pp | -76.1%+106.4pp | -182.5% |
| Return on Equity | -818.0%-672.5pp | -145.5%-168.5pp | 23.0%+3.6pp | 19.4%+46.7pp | -27.3%-13.4pp | -13.9%-2.0pp | -11.9%+7.0pp | -18.9% |
| Return on Assets | -36.3%+10.7pp | -47.0%-58.7pp | 11.7%-2.7pp | 14.4%+33.1pp | -18.7%-7.6pp | -11.1%-0.6pp | -10.5%+6.4pp | -16.9% |
| Current Ratio | 1.39-0.1 | 1.51-0.5 | 2.04+1.0 | 1.08-1.8 | 2.89-2.6 | 5.52-3.4 | 8.89-2.0 | 10.86 |
| Debt-to-Equity | 12.53+11.3 | 1.28+0.7 | 0.54+0.3 | 0.27-0.2 | 0.46+0.5 | 0.00-0.1 | 0.13+0.0 | 0.12 |
| FCF Margin | N/A | -243.5%-135.7pp | -107.8% | N/A | N/A | -30.1%+36.5pp | -66.6%+89.3pp | -155.9% |
Frequently Asked Questions
What is Cykel AI PLC's annual revenue?
Cykel AI PLC (DFUKF) reported $11.4M in total revenue for fiscal year 2025. This represents a 442.3% 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 Cykel AI PLC's revenue growing?
Cykel AI PLC (DFUKF) revenue grew by 442.3% year-over-year, from $2.1M to $11.4M in fiscal year 2025.
Is Cykel AI PLC profitable?
No, Cykel AI PLC (DFUKF) reported a net income of -$73.8M in fiscal year 2025, with a net profit margin of -648.1%.
What is Cykel AI PLC's EBITDA?
Cykel AI PLC (DFUKF) had EBITDA of -$35.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Cykel AI PLC have?
As of fiscal year 2025, Cykel AI PLC (DFUKF) had $5.9M in cash and equivalents against $127.4M in long-term debt.
What is Cykel AI PLC's gross margin?
Cykel AI PLC (DFUKF) had a gross margin of 97.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cykel AI PLC's operating margin?
Cykel AI PLC (DFUKF) had an operating margin of -319.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Cykel AI PLC's net profit margin?
Cykel AI PLC (DFUKF) had a net profit margin of -648.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Cykel AI PLC's return on equity (ROE)?
Cykel AI PLC (DFUKF) has a return on equity of -74.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cykel AI PLC's free cash flow?
Cykel AI PLC (DFUKF) generated -$18.0M in free cash flow during fiscal year 2025. This represents a -636.1% 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 Cykel AI PLC's operating cash flow?
Cykel AI PLC (DFUKF) generated -$18.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Cykel AI PLC's total assets?
Cykel AI PLC (DFUKF) had $307.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Cykel AI PLC's capital expenditures?
Cykel AI PLC (DFUKF) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Cykel AI PLC spend on research and development?
Cykel AI PLC (DFUKF) invested $1.1M in research and development during fiscal year 2025.
What is Cykel AI PLC's current ratio?
Cykel AI PLC (DFUKF) had a current ratio of 1.51 as of fiscal year 2025, which is generally considered healthy.
What is Cykel AI PLC's debt-to-equity ratio?
Cykel AI PLC (DFUKF) had a debt-to-equity ratio of 1.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cykel AI PLC's return on assets (ROA)?
Cykel AI PLC (DFUKF) had a return on assets of -24.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cykel AI PLC's cash runway?
Based on fiscal year 2025 data, Cykel AI PLC (DFUKF) had $5.9M in cash against an annual operating cash burn of $18.0M. This gives an estimated cash runway of approximately 4 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.
What is Cykel AI PLC's Piotroski F-Score?
Cykel AI PLC (DFUKF) 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 Cykel AI PLC's earnings high quality?
Cykel AI PLC (DFUKF) has an earnings quality ratio of 0.24x, 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 Cykel AI PLC cover its interest payments?
Cykel AI PLC (DFUKF) has an interest coverage ratio of -4.1x, 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.