DUO WORLD INC (DUUO) Financials

DUUO

FY2023 annual

Revenue $51K -46.4% YoY

Net Income $667K +300.0% YoY

Free Cash Flow -$218K +80.2% YoY

Operating Cash Flow -$207K +81.2% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2024, ended Sep 30, 2023 Reported Dec 14, 2023 Currency USD FYE March

Newest figures come from the 10-Q for Q2 FY2024, filed Dec 14, 2023. Each column of the statement tables below links to the filing it was taken from.

DUO WORLD INC (DUUO) reported $51K in revenue for fiscal year 2023, down 46.4% from the prior fiscal year. This page shows its 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).

Rhea AI DUUO FY2023 2026-08-30

Shrinking revenue is being overwhelmed by fixed operating commitments, while profit remains disconnected from cash generation and balance-sheet strength.

Revenue fell from $772K in FY2020 to $51K in FY2023, shrinking the scale available to absorb overhead. FY2023 gross margin was 41.8%, but operating loss was -$233K, showing that gross profitability did not cover the operating cost base.

In FY2023, SG&A and R&D together reached $364K against $51K of revenue, so the company’s cost structure remained several times larger than its sales base. Net income of $667K contrasted with operating cash flow of -$207K, indicating a profit-cash disconnect rather than cash-funded earnings.

The balance sheet carried $2.29M of liabilities against $467K of assets, leaving negative equity and making the financing structure central to interpreting results. A current ratio of 0.1x and reported liquidity of 1.1 months of annual operating outflow point to limited short-term flexibility.

Financial Health Signals

Financial health score not available

DUO WORLD INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-52.83

DUO WORLD INC scores -52.83, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($9K) relative to total liabilities ($2.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

DUO WORLD INC passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

$0.31used

For every $1 of reported earnings, DUO WORLD INC used $0.31 of operating cash (-$207K OCF vs $667K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Interest Coverage At Risk

N/A

DUO WORLD INC reported an operating loss of $233K against $29K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$30K

YoY+138.0%

QoQ+56.4%

5Y CAGR-30.0%

DUO WORLD INC generated $30K in revenue in Q2 2024. This represents an increase of 138.0% from the same quarter a year earlier. Against the prior quarter it is up 56.4%.

EBITDA

-$30K

YoY+61.2%

QoQ+16.4%

DUO WORLD INC's EBITDA was -$30K in Q2 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 61.2% from the same quarter a year earlier. Against the prior quarter it is up 16.4%.

Net Income

-$31K

YoY-104.0%

QoQ-1.5%

DUO WORLD INC reported -$31K in net income in Q2 2024. This represents a decrease of 104.0% from the same quarter a year earlier. Against the prior quarter it is down 1.5%.

EPS (Diluted)

$0.00

YoY-100.0%

DUO WORLD INC earned $0.00 per diluted share (EPS) in Q2 2024. This represents a decrease of 100.0% from the same quarter a year earlier.

Cash & Balance Sheet

Free Cash Flow

-$79K

QoQ-205.7%

DUO WORLD INC recorded an outflow of $79K in free cash flow in Q2 2024, representing a cash shortfall after capex. Against the prior quarter it is down 205.7%.

Cash & Debt

$12K

YoY-7.5%

QoQ+137.6%

5Y CAGR-7.8%

DUO WORLD INC held $12K in cash as of Q2 2024; long-term debt is not reported for that period.

Shares Outstanding

88M

YoY+11.0%

QoQ0.0%

5Y CAGR+6.1%

DUO WORLD INC had 88M shares outstanding in Q2 2024. This represents an increase of 11.0% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2024.

Margins & Returns

Gross Margin

72.7%

YoY+46.6pp

QoQ-15.6pp

5Y change+9.2pp

DUO WORLD INC's gross margin was 72.7% in Q2 2024, indicating the percentage of revenue retained after direct costs. This is up 46.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 15.6 percentage points.

Operating Margin

Not shown for Q2 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q2 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

Not reported for Q2 2024.

Capital Allocation

Capital Expenditures

$234

QoQ-58.5%

DUO WORLD INC invested $234 in capex in Q2 2024, funding long-term assets and infrastructure. Against the prior quarter it is down 58.5%.

R&D Spending

Not reported for Q2 2024.

Share Buybacks

Not reported for Q2 2024.

DUUO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DUUO quarterly income statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Revenue	$75K	$51K-46.4%	$94K-72.8%	$346K-55.1%	$772K+21.0%	$638K-19.5%	$792K-29.1%	$1.1M-19.9%	$1.4M	N/A
Cost of Revenue	$21K	$29K+15239.1%	$192-87.3%	$2K+55.3%	$971-83.2%	$6K-21.9%	$7K+28.8%	$6K-98.2%	$322K	N/A
Gross Profit	$54K	$21K+115.5%	$10K-83.9%	$61K-88.3%	$517K+30.5%	$396K-17.7%	$481K-37.7%	$771K-28.0%	$1.1M	N/A
R&D Expenses	N/A	$200K	$0-100.0%	$13K-71.2%	$44K-74.4%	$171K-38.3%	$278K+591.1%	$40K-71.8%	$143K	N/A
SG&A Expenses	$167K	$164K+5.9%	$155K-43.6%	$275K-27.3%	$379K+1.7%	$372K-27.6%	$514K-28.1%	$715K-27.2%	$983K	N/A
Operating Income	-$189K	-$233K+13.8%	-$270K+18.3%	-$331K-675.2%	-$43K+95.9%	-$1.0M+80.0%	-$5.2M-544.9%	-$809K-40.8%	-$574K	N/A
EBITDA	N/A	-$227K+14.7%	-$266K+17.9%	-$324K-1211.0%	-$25K+97.6%	-$1.0M+80.3%	-$5.2M-594.8%	-$746K-38.9%	-$537K	N/A
Interest Expense	N/A	$29K+13.0%	$25K-84.5%	$163K-13.8%	$189K-15.9%	$225K	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$12K-12.9%	-$11K	N/A
Net Income	-$151K	$667K+300.0%	-$334K+37.4%	-$533K-42.7%	-$373K+71.7%	-$1.3M+76.3%	-$5.6M-606.1%	-$789K-41.0%	-$560K-838.5%	$76K
EPS (Basic)	N/A	$0.01	$0.00	$0.00	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Revenue	$30K+138.0%	$19K+57.8%	$13K-34.6%	$13K-36.1%	$13K-47.2%	$12K-60.0%	$19K+153.9%	$20K-68.9%
Cost of Revenue	$8K-12.1%	$2K-76.5%	$6K+107.9%	$5K-74.8%	$9K-59.0%	$10K-65.9%	-$70K+38.9%	$19K-42.6%
Gross Profit	$22K+563.0%	$17K+544.2%	$7K+33.3%	$8K+950.4%	$3K+181.5%	$3K+6.6%	$5K-95.6%	$760-97.6%
R&D Expenses	N/A	N/A	N/A	N/A	N/A	$0	N/A	N/A
SG&A Expenses	$33K+3.0%	$35K+4.2%	$50K-11.2%	$48K+47.4%	$32K-5.0%	$33K+5.0%	$57K-29.7%	$33K-47.0%
Operating Income	-$32K+58.0%	-$39K-2.7%	-$61K+40.0%	-$58K-45.3%	-$77K-1.8%	-$38K+29.9%	-$101K+63.8%	-$40K+28.6%
EBITDA	-$30K+61.2%	-$35K+4.7%	-$60K+46.7%	-$53K-114.3%	-$76K-1.6%	-$37K+29.8%	-$113K+59.1%	-$25K+54.5%
Interest Expense	$628-97.8%	$698	N/A	N/A	$28K+170.1%	N/A	-$415-101.0%	$6K-85.3%
Net Income	-$31K-104.0%	-$30K-242.9%	-$40K+62.1%	-$51K+12.9%	$766K+820.7%	-$9K+86.5%	-$104K+72.5%	-$58K+39.5%
EPS (Basic)	$0.00-100.0%	$0.00	$0.00	$0.00	$0.01	$0.00	$0.00	$0.00
EPS (Diluted)	$0.00-100.0%	$0.00	N/A	N/A	$0.01	$0.00	N/A	N/A
Diluted Shares (Avg)	138M+10.5%	138M+11.0%	N/A	N/A	125M	125M	N/A	N/A

Not reported in any period shown, so not listed: Income Tax.

DUUO Balance Sheet

DUUO quarterly balance sheet

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Total Assets	$467K+29.3%	$361K-41.8%	$620K-42.3%	$1.1M-0.8%	$1.1M-41.3%	$1.8M+12.8%	$1.6M+17.5%	$1.4M	N/A
Current Assets	$95K-10.0%	$106K-42.4%	$183K-54.6%	$403K+28.9%	$313K-70.7%	$1.1M+9.5%	$974K+10.1%	$885K	N/A
Cash & Equivalents	$19K-20.8%	$24K+9.5%	$22K-57.5%	$51K+1779.3%	$3K-89.5%	$26K+2.8%	$25K-72.5%	$91K+765.2%	$11K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$2K-21.7%	$2K-98.4%	$136K-55.3%	$304K+143.3%	$125K-66.1%	$369K-40.6%	$622K+21.3%	$513K	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$104K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.3M-28.9%	$3.2M-26.8%	$4.4M0.0%	$4.4M+0.8%	$4.4M+8.9%	$4.0M+31.4%	$3.1M+27.0%	$2.4M	N/A
Current Liabilities	$1.7M-18.3%	$2.1M-29.9%	$3.0M+1.4%	$3.0M+1.8%	$2.9M+16.8%	$2.5M+32.6%	$1.9M+55.8%	$1.2M	N/A
Non-Current Liabilities	$564K-49.2%	$1.1M-20.2%	$1.4M-3.0%	$1.4M-1.2%	$1.5M-4.1%	$1.5M+29.4%	$1.2M-2.2%	$1.2M	N/A
Long-Term Debt	N/A	N/A	$14K	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.8M+36.3%	-$2.9M+24.3%	-$3.8M-13.6%	-$3.3M-1.3%	-$3.3M-51.7%	-$2.2M-52.8%	-$1.4M-40.0%	-$1.0M-28.0%	-$791K
Retained Earnings	-$15.7M+4.1%	-$16.4M-2.1%	-$16.0M-3.4%	-$15.5M-2.3%	-$15.2M-88.1%	-$8.1M-224.8%	-$2.5M-43.1%	-$1.7M	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Total Assets	$469K+1.2%	$475K+38.7%	$467K+29.3%	$460K-24.7%	$463K-23.3%	$342K-44.1%	$361K-41.8%	$611K-35.3%
Current Assets	$109K-10.5%	$108K-23.0%	$95K-10.0%	$104K-53.8%	$122K-39.6%	$140K-26.9%	$106K-42.4%	$224K-30.3%
Cash & Equivalents	$12K-7.5%	$5K-87.2%	$19K-20.8%	$6K-83.6%	$13K-16.7%	$40K+284.2%	$24K+9.5%	$37K+18.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$16K+23.2%	$21K+52.2%	$2K-21.7%	$4K-93.7%	$13K-84.4%	$14K-91.0%	$2K-98.4%	$70K-70.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$104K0.0%	$104K	$104K	$104K	$104K	N/A	N/A	N/A
Total Liabilities	$2.4M+12.7%	$2.4M-16.1%	$2.3M-28.9%	$2.1M-54.6%	$2.1M-53.7%	$2.9M-35.4%	$3.2M-26.8%	$4.6M+0.8%
Current Liabilities	$1.8M+11.9%	$1.8M-3.3%	$1.7M-18.3%	$1.6M-50.4%	$1.6M-48.9%	$1.9M-38.6%	$2.1M-29.9%	$3.2M+3.7%
Non-Current Liabilities	$564K+15.1%	$595K-40.4%	$564K-49.2%	$487K-64.5%	$490K-64.6%	$1000K-28.2%	$1.1M-20.2%	$1.4M-5.2%
Total Equity	-$1.9M-16.0%	-$1.9M+23.5%	-$1.8M+36.3%	-$1.6M+59.2%	-$1.6M+58.4%	-$2.5M+34.0%	-$2.9M+24.3%	-$4.0M-10.4%
Retained Earnings	-$15.8M-1.0%	-$15.7M+3.9%	-$15.7M+4.1%	-$15.7M+3.7%	-$15.6M+3.7%	-$16.4M-1.7%	-$16.4M-2.1%	-$16.3M-3.9%

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

DUUO Cash Flow Statement

DUUO quarterly cash flow statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Operating Cash Flow	$393K	-$207K+81.2%	-$1.1M-744.5%	-$131K+48.2%	-$252K-99.2%	-$126K-180.9%	$156K+26.5%	$124K-72.4%	$448K	N/A
Depreciation & Amortization	N/A	$6K+41.8%	$4K-39.2%	$6K-64.0%	$18K-23.2%	$23K-25.4%	$31K-49.9%	$63K+67.3%	$37K	N/A
Stock-Based Compensation	N/A	N/A	N/A	N/A	N/A	N/A	$3.0M	N/A	N/A	N/A
Capital Expenditures	N/A	$11K+1349.9%	$762	N/A	$11K+196.7%	$4K-86.4%	$28K+180.5%	$10K-82.6%	$58K	N/A
Free Cash Flow	N/A	-$218K+80.2%	-$1.1M	N/A	-$263K-102.0%	-$130K-201.9%	$128K+12.8%	$113K-70.9%	$390K	N/A
Investing Cash Flow	-$16K	-$94K-12227.0%	-$762+94.0%	-$13K+76.3%	-$53K+69.6%	-$175K+42.7%	-$306K+18.5%	-$375K-12.2%	-$334K	N/A
Financing Cash Flow	N/A	$117K-78.4%	$542K+3793.7%	$14K-86.1%	$100K	N/A	$179K+18.8%	$151K	N/A	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Operating Cash Flow	-$79K+77.6%	$76K+130.1%	$184K+131.9%	$212K+143.7%	-$352K-930.4%	-$251K-3615.9%	-$578K-155.2%	-$485K-3350.0%
Depreciation & Amortization	$3K+494.1%	$3K+418.6%	$3K+245.4%	$4K-72.2%	$441+62.7%	$661-37.3%	$846-28.8%	$15K+2144.9%
Capital Expenditures	$234	$564-84.5%	$1K	N/A	N/A	$4K	N/A	N/A
Free Cash Flow	-$79K	$75K+129.5%	$183K	N/A	N/A	-$255K	N/A	N/A
Investing Cash Flow	-$101+99.9%	-$619+63.4%	-$606	-$15K	-$77K	-$2K	N/A	N/A
Financing Cash Flow	N/A	N/A	$35K+136.3%	$57K-88.9%	$15K+1.6%	$10K+631.9%	$15K+722.9%	$514K

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

DUUO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DUUO quarterly financial ratios

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Gross Margin	41.8%+31.4pp	10.4%-7.1pp	17.5%-49.4pp	66.9%+4.9pp	62.1%+1.4pp	60.7%-8.4pp	69.1%-7.8pp	76.9%	N/A
Operating Margin	-460.1%	-286.4%	-95.5%-89.9pp	-5.5%	-163.7%	-658.7%	-72.5%-31.2pp	-41.2%	N/A
Net Margin	1319.1%	-353.6%	-153.8%	-48.4%	-206.8%	-703.9%	-70.7%-30.5pp	-40.2%	N/A
Return on Assets	142.9%+235.2pp	-92.3%-6.5pp	-85.9%-51.2pp	-34.8%+87.1pp	-121.8%+180.6pp	-302.4%-254.1pp	-48.3%-8.0pp	-40.3%	N/A
Current Ratio	0.060.0x	0.050.0x	0.06-0.1x	0.140.0x	0.11-0.3x	0.43-0.1x	0.52-0.2x	0.73	N/A
Asset Turnover	0.11-0.2x	0.26-0.3x	0.56-0.2x	0.72+0.1x	0.59+0.2x	0.43-0.3x	0.68-0.3x	1.00	N/A
FCF Margin	-431.5%	-1170.4%	N/A	-34.1%-13.7pp	-20.4%-36.6pp	16.2%+6.0pp	10.2%-17.8pp	28.0%	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Gross Margin	72.7%+46.6pp	88.3%+66.7pp	56.3%+28.6pp	62.0%+58.2pp	26.1%+21.2pp	21.6%+13.5pp	27.6%	3.8%-44.2pp
Operating Margin	-106.3%	-200.3%	-477.5%	-447.2%	-602.7%	-307.8%	-521.1%	-196.7%
Net Margin	-101.2%	-155.9%	-310.6%	-393.2%	6030.4%	-71.7%	-535.7%	-288.5%
Return on Assets	-6.5%-171.8pp	-6.3%-3.8pp	-8.5%+20.4pp	-11.0%-1.5pp	165.3%+182.9pp	-2.6%+8.0pp	-28.9%+32.2pp	-9.5%+0.6pp
Current Ratio	0.060.0x	0.060.0x	0.060.0x	0.070.0x	0.080.0x	0.070.0x	0.050.0x	0.070.0x
Asset Turnover	0.060.0x	0.040.0x	0.030.0x	0.030.0x	0.030.0x	0.040.0x	0.050.0x	0.030.0x
FCF Margin	-262.3%	388.0%	1437.6%	N/A	N/A	-2078.2%	N/A	N/A

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Note: Shareholder equity is negative (-$1.8M), 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 (0.06), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
DUO WORLD INC DUUO	FY2023	$51K	$667K	N/A	$9K	—
GOLOGIQ INC GOLQ	FY2022	N/A	N/A	N/A	$6K	—
WORLDS INC WDDD	FY2024	N/A	N/A	N/A	$34K	—
METRO ONE TELECOMMUNS INC WOWI	FY2022	$75K	-$3.9M	N/A	$5K	—

Where DUO WORLD INC Ranks

Frequently Asked Questions

What is DUO WORLD INC's annual revenue?

DUO WORLD INC (DUUO) reported $51K in total revenue for fiscal year 2023. This represents a -46.4% 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 DUO WORLD INC's revenue growing?

DUO WORLD INC (DUUO) revenue declined by 46.4% year-over-year, from $94K to $51K in fiscal year 2023.

Is DUO WORLD INC profitable?

Yes, DUO WORLD INC (DUUO) reported a net income of $667K in fiscal year 2023.

What is DUO WORLD INC's EBITDA?

DUO WORLD INC (DUUO) had EBITDA of -$227K in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

What is DUO WORLD INC's gross margin?

DUO WORLD INC (DUUO) had a gross margin of 41.8% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is DUO WORLD INC's free cash flow?

DUO WORLD INC (DUUO) recorded an outflow of $218K in free cash flow during fiscal year 2023. This represents a 80.2% 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 DUO WORLD INC's operating cash flow?

DUO WORLD INC (DUUO) recorded an outflow of $207K in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are DUO WORLD INC's total assets?

DUO WORLD INC (DUUO) had $467K in total assets as of fiscal year 2023, including both current and long-term assets.

What are DUO WORLD INC's capital expenditures?

DUO WORLD INC (DUUO) invested $11K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How much does DUO WORLD INC spend on research and development?

DUO WORLD INC (DUUO) invested $200K in research and development during fiscal year 2023.

How many shares does DUO WORLD INC have outstanding?

DUO WORLD INC (DUUO) had 88M shares outstanding as of fiscal year 2023.

What is DUO WORLD INC's current ratio?

DUO WORLD INC (DUUO) had a current ratio of 0.06 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is DUO WORLD INC's return on assets (ROA)?

DUO WORLD INC (DUUO) had a return on assets of 142.9% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

How does DUO WORLD INC's liquidity compare with its operating cash outflow?

At the end of fiscal year 2023, DUO WORLD INC (DUUO) held $19K in cash, cash equivalents and investments, and reported an operating cash outflow of $207K over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is DUO WORLD INC's debt-to-equity ratio negative or not reported?

DUO WORLD INC (DUUO) has negative shareholder equity of -$1.8M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 DUO WORLD INC's Altman Z-Score?

DUO WORLD INC (DUUO) has an Altman Z-Score of -52.83, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is DUO WORLD INC's Piotroski F-Score?

DUO WORLD INC (DUUO) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 DUO WORLD INC's earnings high quality?

For every $1 of reported earnings, DUO WORLD INC (DUUO) used $0.31 of operating cash (-$207K OCF vs $667K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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 DUO WORLD INC cover its interest payments?

DUO WORLD INC (DUUO) reported an operating loss of $233K against $29K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.