DMY Squared Tech Financials
This page shows DMY Squared Tech (DMYY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
Financial Health Signals
DMY Squared Tech passes 2 of 9 financial strength tests. No profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, DMY Squared Tech generates $1.70 in operating cash flow (-$1.4M OCF vs -$819K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
DMY Squared Tech generated $1.3M in revenue in fiscal year 2024. This represents a decrease of 58.9% from the prior year.
DMY Squared Tech reported -$819K in net income in fiscal year 2024. This represents a decrease of 135.7% from the prior year.
DMY Squared Tech held $309.0M in cash against $0 in long-term debt as of fiscal year 2024.
DMY Squared Tech's operating margin was -87.8% in fiscal year 2024, reflecting core business profitability. This is down 27.8 percentage points from the prior year.
DMY Squared Tech's net profit margin was -63.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 136.3 percentage points from the prior year.
DMYY Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | $264K | N/A | N/A | $346K | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | 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 | $2.0M+161.7% | $750K+43.8% | $521K+182.0% | $185K-19.7% | $230K-39.0% | $378K | N/A | $241K |
| Operating Income | -$2.0M-156.3% | -$775K-48.7% | -$521K-81.2% | -$288K+30.3% | -$413K+10.6% | -$462K | N/A | -$241K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $65K0.0% | $65K+76.3% | $37K-74.1% | $143K-38.1% | $232K+338.5% | $53K | N/A | $161K |
| Net Income | -$931K+85.4% | -$6.4M-39.9% | -$4.6M-3231.9% | $145K+145.3% | -$321K-90.6% | -$168K | N/A | -$73K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DMYY Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $27.2M+1.1% | $26.9M+1.1% | $26.6M+2.2% | $26.0M+3.4% | $25.2M-3.0% | $25.9M-61.7% | $67.7M+1.1% | $66.9M |
| Current Assets | $76K-64.0% | $212K-39.1% | $348K-21.4% | $442K-11.6% | $500K-31.5% | $730K+369.0% | $156K-50.8% | $316K |
| Cash & Equivalents | $6.9M+46.8% | $4.7M+27.0% | $3.7M-98.8% | $309.0M+76016.8% | $406K-35.2% | $626K+6956966.7% | $90.0% | $9 |
| 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 | $47.8M+3.6% | $46.2M+18.1% | $39.1M+19.0% | $32.9M+6.9% | $30.8M-2.6% | $31.6M-56.6% | $72.8M+1.0% | $72.0M |
| Current Liabilities | $7.0M+42.2% | $4.9M+21.1% | $4.0M+45.6% | $2.8M+30.7% | $2.1M-17.6% | $2.6M+19.8% | $2.2M+49.4% | $1.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$20.7M-7.0% | -$19.3M-54.3% | -$12.5M-82.6% | -$6.8M-22.4% | -$5.6M+1.0% | -$5.6M-11.2% | -$5.1M+0.3% | -$5.1M |
| Retained Earnings | -$20.7M-7.0% | -$19.3M-54.3% | -$12.5M-82.6% | -$6.8M-22.4% | -$5.6M+1.0% | -$5.6M-11.2% | -$5.1M+0.3% | -$5.1M |
DMYY Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1+100.6% | -$180+100.0% | -$774K-927.7% | -$75K+93.9% | -$1.2M-1966.6% | -$60K | $0-100.0% | $3 |
| 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 | -$150K0.0% | -$150K+63.4% | -$410K-173.4% | -$150K-117.3% | $869K-98.0% | $42.7M | $0 | $0 |
| Financing Cash Flow | $150K0.0% | $150K-82.9% | $875K+483.2% | $150K0.0% | $150K+100.4% | -$42.0M | $0 | $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 | N/A |
DMYY Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | -197.2% | N/A | N/A | -133.4% | N/A | N/A |
| Net Margin | N/A | N/A | -1723.1% | N/A | N/A | -48.7% | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -3.4%+20.3pp | -23.7%-6.6pp | -17.1%-17.7pp | 0.6%+1.9pp | -1.3%-0.6pp | -0.7% | N/A | -0.1% |
| Current Ratio | 0.01-0.0 | 0.04-0.0 | 0.09-0.1 | 0.16-0.1 | 0.24-0.0 | 0.28+0.2 | 0.07-0.1 | 0.22 |
| Debt-to-Equity | -2.32+0.1 | -2.39+0.7 | -3.13+1.7 | -4.80+0.7 | -5.50+0.1 | -5.59+8.7 | -14.33-0.2 | -14.15 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$6.8M), 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 (0.16), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is DMY Squared Tech's annual revenue?
DMY Squared Tech (DMYY) reported $1.3M in total revenue for fiscal year 2024. This represents a -58.9% 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 DMY Squared Tech's revenue growing?
DMY Squared Tech (DMYY) revenue declined by 58.9% year-over-year, from $3.1M to $1.3M in fiscal year 2024.
Is DMY Squared Tech profitable?
No, DMY Squared Tech (DMYY) reported a net income of -$819K in fiscal year 2024, with a net profit margin of -63.3%.
What is DMY Squared Tech's operating margin?
DMY Squared Tech (DMYY) had an operating margin of -87.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is DMY Squared Tech's net profit margin?
DMY Squared Tech (DMYY) had a net profit margin of -63.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is DMY Squared Tech's operating cash flow?
DMY Squared Tech (DMYY) generated -$1.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are DMY Squared Tech's total assets?
DMY Squared Tech (DMYY) had $26.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What is DMY Squared Tech's current ratio?
DMY Squared Tech (DMYY) had a current ratio of 0.16 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is DMY Squared Tech's debt-to-equity ratio?
DMY Squared Tech (DMYY) had a debt-to-equity ratio of -4.80 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is DMY Squared Tech's return on assets (ROA)?
DMY Squared Tech (DMYY) had a return on assets of -3.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is DMY Squared Tech's cash runway?
Based on fiscal year 2024 data, DMY Squared Tech (DMYY) had $309.0M in cash against an annual operating cash burn of $1.4M. This gives an estimated cash runway of approximately 2656 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 DMY Squared Tech's debt-to-equity ratio negative or unusual?
DMY Squared Tech (DMYY) has negative shareholder equity of -$6.8M 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 DMY Squared Tech's Piotroski F-Score?
DMY Squared Tech (DMYY) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are DMY Squared Tech's earnings high quality?
DMY Squared Tech (DMYY) has an earnings quality ratio of 1.70x, 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.