dMY Squared Technology Group Inc Financials
This page shows dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc 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 Technology Group Inc 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 Technology Group Inc generated $1.3M in revenue in fiscal year 2024. This represents a decrease of 58.9% from the prior year.
dMY Squared Technology Group Inc reported -$819K in net income in fiscal year 2024. This represents a decrease of 135.7% from the prior year.
dMY Squared Technology Group Inc held $309.0M in cash against $0 in long-term debt as of fiscal year 2024.
dMY Squared Technology Group Inc'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 Technology Group Inc'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.
DMYYU Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | $264K | N/A | N/A | N/A | $346K | 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 | N/A | $185K-19.7% | $230K-39.0% | $378K | N/A |
| Operating Income | -$2.0M-156.3% | -$775K-48.7% | -$521K | N/A | -$288K+30.3% | -$413K+10.6% | -$462K | N/A |
| 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 | N/A | $143K-38.1% | $232K+338.5% | $53K | N/A |
| Net Income | -$931K+85.4% | -$6.4M-39.9% | -$4.6M | N/A | $145K+145.3% | -$321K-90.6% | -$168K | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DMYYU Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $27.2M+1.1% | $26.9M+1.1% | $26.6M+2.2% | $26.0M+1.9% | $25.6M+1.6% | $25.2M-3.0% | $25.9M-61.7% | $67.7M |
| Current Assets | $76K-64.0% | $212K-39.1% | $348K-21.4% | $442K+9.0% | $406K-18.9% | $500K-31.5% | $730K+369.0% | $156K |
| Cash & Equivalents | $6.9M+46.8% | $4.7M+27.0% | $3.7M-98.8% | $309.0M+80226.9% | $385K-5.2% | $406K-35.2% | $626K+6956966.7% | $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+4.4% | $31.5M+2.4% | $30.8M-2.6% | $31.6M-56.6% | $72.8M |
| Current Liabilities | $7.0M+42.2% | $4.9M+21.1% | $4.0M+45.6% | $2.8M+6.3% | $2.6M+22.9% | $2.1M-17.6% | $2.6M+19.8% | $2.2M |
| 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-15.4% | -$5.9M-6.1% | -$5.6M+1.0% | -$5.6M-11.2% | -$5.1M |
| Retained Earnings | -$20.7M-7.0% | -$19.3M-54.3% | -$12.5M-82.6% | -$6.8M-15.4% | -$5.9M-6.1% | -$5.6M+1.0% | -$5.6M-11.2% | -$5.1M |
DMYYU Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1+100.6% | -$180+100.0% | -$774K-927.7% | -$75K-253.8% | -$21K+98.3% | -$1.2M-1966.6% | -$60K | $0 |
| 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% | -$150K0.0% | -$150K-117.3% | $869K-98.0% | $42.7M | $0 |
| Financing Cash Flow | $150K0.0% | $150K-82.9% | $875K+483.2% | $150K0.0% | $150K0.0% | $150K+100.4% | -$42.0M | $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 |
DMYYU Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | -133.4% | N/A |
| Net Margin | N/A | N/A | -1723.1% | N/A | N/A | N/A | -48.7% | 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% | N/A | 0.6%+1.9pp | -1.3%-0.6pp | -0.7% | N/A |
| Current Ratio | 0.01-0.0 | 0.04-0.0 | 0.09-0.1 | 0.160.0 | 0.16-0.1 | 0.24-0.0 | 0.28+0.2 | 0.07 |
| Debt-to-Equity | -2.32+0.1 | -2.39+0.7 | -3.13+1.7 | -4.80+0.5 | -5.31+0.2 | -5.50+0.1 | -5.59+8.7 | -14.33 |
| 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.
Frequently Asked Questions
What is dMY Squared Technology Group Inc's annual revenue?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's revenue growing?
dMY Squared Technology Group Inc (DMYYU) revenue declined by 58.9% year-over-year, from $3.1M to $1.3M in fiscal year 2024.
Is dMY Squared Technology Group Inc profitable?
No, dMY Squared Technology Group Inc (DMYYU) reported a net income of -$819K in fiscal year 2024, with a net profit margin of -63.3%.
What is dMY Squared Technology Group Inc's operating margin?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's net profit margin?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's operating cash flow?
dMY Squared Technology Group Inc (DMYYU) generated -$1.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are dMY Squared Technology Group Inc's total assets?
dMY Squared Technology Group Inc (DMYYU) had $26.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What is dMY Squared Technology Group Inc's current ratio?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's debt-to-equity ratio?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's return on assets (ROA)?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's cash runway?
Based on fiscal year 2024 data, dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's debt-to-equity ratio negative or unusual?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's Piotroski F-Score?
dMY Squared Technology Group Inc (DMYYU) 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 Technology Group Inc's earnings high quality?
dMY Squared Technology Group Inc (DMYYU) 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.