Driveitaway Hold Financials
This page shows Driveitaway Hold (DWAY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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
Driveitaway Hold passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Driveitaway Hold generates $0.10 in operating cash flow (-$478K OCF vs -$4.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Driveitaway Hold earns $-1.4 in operating income for every $1 of interest expense (-$869K vs $619K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Driveitaway Hold generated $988K in revenue in fiscal year 2025. This represents an increase of 114.3% from the prior year.
Driveitaway Hold's EBITDA was -$724K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 41.6% from the prior year.
Driveitaway Hold reported -$4.9M in net income in fiscal year 2025. This represents a decrease of 118.1% from the prior year.
Driveitaway Hold held $40K in cash against $0 in long-term debt as of fiscal year 2025.
Driveitaway Hold had 114M shares outstanding in fiscal year 2025. This represents an increase of 0.6% from the prior year.
Driveitaway Hold's gross margin was 13.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 16.3 percentage points from the prior year.
Driveitaway Hold's operating margin was -87.9% in fiscal year 2025, reflecting core business profitability. This is up 35.3 percentage points from the prior year.
Driveitaway Hold's net profit margin was -496.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 8.5 percentage points from the prior year.
Driveitaway Hold invested $113K in research and development in fiscal year 2025. This represents an increase of 189.0% from the prior year.
DWAY Income Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $206K-2.1% | $211K-12.9% | $242K+126.4% | $107K+19.7% | $89K-7.5% | $97K+23.7% | $78K+16.4% | $67K |
| Cost of Revenue | $204K+12.9% | $181K+26.4% | $143K+127.2% | $63K-18.2% | $77K-10.0% | $86K+33.6% | $64K+37.4% | $47K |
| Gross Profit | $2K-94.0% | $30K-70.0% | $99K+125.2% | $44K+258.3% | $12K+13.0% | $11K-22.1% | $14K-31.6% | $20K |
| R&D Expenses | $52K+383.3% | $11K-50.0% | $22K+107.0% | $10K-26.7% | $14K+19.9% | $12K-13.3% | $14K-11.7% | $16K |
| SG&A Expenses | $152K+31.4% | $116K+33.7% | $87K+95.6% | $44K+52.3% | $29K+43.2% | $20K-9.6% | $22K+11.3% | $20K |
| Operating Income | -$333K-39.7% | -$239K-90.0% | -$126K-32.2% | -$95K+19.8% | -$118K+39.3% | -$195K-59.6% | -$122K+38.7% | -$200K |
| Interest Expense | $160K+5.0% | $153K+15.3% | $132K-68.1% | $415K+652.3% | $55K-62.5% | $147K+193.6% | $50K+19.2% | $42K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$4.0M-791.0% | -$448K-198.1% | $456K+188.0% | -$519K-9.0% | -$476K+33.4% | -$715K-355.4% | -$157K-187.0% | $181K |
| EPS (Diluted) | N/A | $0.00 | $0.00 | $0.00 | $0.00+100.0% | $-0.01 | $0.00 | $0.00 |
DWAY Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $680K-32.0% | $1.0M-6.4% | $1.1M0.0% | $1.1M+366.0% | $229K-10.2% | $255K+10.6% | $231K-18.9% | $285K |
| Current Assets | $82K+20.6% | $68K-9.6% | $76K+99.0% | $38K-26.9% | $52K-24.3% | $69K+97.6% | $35K-50.1% | $70K |
| Cash & Equivalents | $40K-22.0% | $51K-26.2% | $69K+106.5% | $34K+264.5% | $9K-84.9% | $61K+1220.5% | $5K-69.0% | $15K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $43K+227.6% | $13K+539.5% | $2K+41.2% | $1K-86.1% | $10K+37.4% | $8K-35.0% | $12K-13.2% | $13K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $9.2M+417.1% | -$2.9M-164.1% | $4.5M-10.2% | $5.0M+50.2% | $3.3M+14.5% | $2.9M+33.9% | $2.2M+14.5% | $1.9M |
| Current Liabilities | $9.1M+89.6% | $4.8M+8.6% | $4.4M+0.7% | $4.4M+35.8% | $3.2M+14.7% | $2.8M+49.4% | $1.9M+31.3% | $1.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$8.5M-318.2% | $3.9M+213.0% | -$3.4M+12.9% | -$4.0M-27.9% | -$3.1M-15.9% | -$2.7M-36.6% | -$2.0M-20.4% | -$1.6M |
| Retained Earnings | -$10.5M-88.5% | -$5.6M-8.8% | -$5.1M+8.2% | -$5.6M-23.5% | -$4.5M-11.8% | -$4.0M-21.6% | -$3.3M-13.3% | -$2.9M |
DWAY Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$217K-104.2% | -$106K-90.7% | -$56K-113.7% | $406K+381.5% | -$144K-37.9% | -$104K-32.7% | -$79K+44.2% | -$141K |
| Capital Expenditures | $1 | N/A | N/A | $95K | $0 | $0+100.0% | -$61K | $0 |
| Free Cash Flow | -$99K | N/A | N/A | -$676K-369.2% | -$144K-37.9% | -$104K+25.3% | -$140K+0.8% | -$141K |
| Investing Cash Flow | $171K | $0+100.0% | -$137K+74.9% | -$548K | $0 | $0 | $0 | $0 |
| Financing Cash Flow | $67K-24.0% | $88K-61.5% | $229K+32.8% | $172K+41.5% | $122K-14.5% | $142K+100.2% | $71K-50.2% | $143K |
| 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 |
DWAY Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 0.9%-13.2pp | 14.0%-26.7pp | 40.8%-0.2pp | 41.0%+27.3pp | 13.7%+2.5pp | 11.2%-6.6pp | 17.8%-12.5pp | 30.3% |
| Operating Margin | -161.7%-48.4pp | -113.3%-61.4pp | -51.9%+37.0pp | -88.9%+43.8pp | -132.7%+69.6pp | -202.3%-45.5pp | -156.8%+141.2pp | -298.0% |
| Net Margin | -1935.5%-1722.9pp | -212.6%-401.3pp | 188.7%+674.1pp | -485.5%+47.7pp | -533.2%+208.1pp | -741.4%-540.0pp | -201.4%-471.0pp | 269.6% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -454.7%-409.9pp | -44.8%-87.5pp | 42.8%+118.3pp | -75.6%+132.2pp | -207.8%+72.5pp | -280.3%-218.1pp | -62.2%-125.7pp | 63.4% |
| Current Ratio | 0.010.0 | 0.010.0 | 0.020.0 | 0.010.0 | 0.020.0 | 0.020.0 | 0.02-0.0 | 0.05 |
| Debt-to-Equity | -1.08-0.3 | -0.74+0.6 | -1.31-0.0 | -1.27-0.2 | -1.08+0.0 | -1.10+0.0 | -1.12+0.1 | -1.18 |
| FCF Margin | -48.1% | N/A | N/A | -632.8%-471.4pp | -161.4%-53.1pp | -108.3%-67.7pp | -40.6%+170.0pp | -210.7% |
Note: Shareholder equity is negative (-$8.5M), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Driveitaway Hold's annual revenue?
Driveitaway Hold (DWAY) reported $988K in total revenue for fiscal year 2025. This represents a 114.3% 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 Driveitaway Hold's revenue growing?
Driveitaway Hold (DWAY) revenue grew by 114.3% year-over-year, from $461K to $988K in fiscal year 2025.
Is Driveitaway Hold profitable?
No, Driveitaway Hold (DWAY) reported a net income of -$4.9M in fiscal year 2025, with a net profit margin of -496.2%.
What is Driveitaway Hold's EBITDA?
Driveitaway Hold (DWAY) had EBITDA of -$724K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Driveitaway Hold's gross margin?
Driveitaway Hold (DWAY) had a gross margin of 13.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Driveitaway Hold's operating margin?
Driveitaway Hold (DWAY) had an operating margin of -87.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Driveitaway Hold's net profit margin?
Driveitaway Hold (DWAY) had a net profit margin of -496.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Driveitaway Hold's operating cash flow?
Driveitaway Hold (DWAY) generated -$478K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Driveitaway Hold's total assets?
Driveitaway Hold (DWAY) had $680K in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Driveitaway Hold spend on research and development?
Driveitaway Hold (DWAY) invested $113K in research and development during fiscal year 2025.
How many shares does Driveitaway Hold have outstanding?
Driveitaway Hold (DWAY) had 114M shares outstanding as of fiscal year 2025.
What is Driveitaway Hold's current ratio?
Driveitaway Hold (DWAY) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Driveitaway Hold's debt-to-equity ratio?
Driveitaway Hold (DWAY) had a debt-to-equity ratio of -1.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Driveitaway Hold's return on assets (ROA)?
Driveitaway Hold (DWAY) had a return on assets of -720.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Driveitaway Hold's cash runway?
Based on fiscal year 2025 data, Driveitaway Hold (DWAY) had $40K in cash against an annual operating cash burn of $478K. This gives an estimated cash runway of approximately 1 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 Driveitaway Hold's debt-to-equity ratio negative or unusual?
Driveitaway Hold (DWAY) has negative shareholder equity of -$8.5M as of fiscal year 2025, 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 Driveitaway Hold's Piotroski F-Score?
Driveitaway Hold (DWAY) 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 Driveitaway Hold's earnings high quality?
Driveitaway Hold (DWAY) has an earnings quality ratio of 0.10x, 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 Driveitaway Hold cover its interest payments?
Driveitaway Hold (DWAY) has an interest coverage ratio of -1.4x, 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.