Decent Holding Inc. Financials
This page shows Decent Holding Inc. (DXST) 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).
Revenue growth increasingly worked like customer financing, with receivables and overhead absorbing the cash that sales should have produced.
Across the last two valid years, accounts receivable expanded from$2.2M to$12.4M , almost catching up to annual revenue. Over the same span, operating cash flow flipped from$1.6M to-$3.5M , which suggests the company booked more sales long before it collected the cash and effectively used its balance sheet to fund customers.
The margin shape worsened even as sales kept rising: gross margin fell from
The balance sheet looks serviceable on a current ratio basis at 1.7x, but that understates how little immediate liquidity sits behind it because cash was only
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Decent Holding Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Decent Holding Inc. has an operating margin of -1.1%, meaning the company retains $-1 of operating profit per $100 of revenue. This results in a moderate score of 63/100, indicating healthy but not exceptional operating efficiency. This is down from 21.4% the prior year.
Decent Holding Inc.'s revenue grew 12.2% year-over-year to $12.9M, a solid pace of expansion. This earns a growth score of 78/100.
Decent Holding Inc. has a moderate D/E ratio of 1.22. This balance of debt and equity financing earns a leverage score of 42/100.
Decent Holding Inc.'s current ratio of 1.71 indicates adequate short-term liquidity, earning a score of 49/100. The company can meet its near-term obligations, though with limited headroom.
While Decent Holding Inc. generated -$3.5M in operating cash flow, capex of $589 consumed most of it, leaving -$3.5M in free cash flow. This results in a low score of 15/100, reflecting heavy capital investment rather than weak cash generation.
Decent Holding Inc. earns a strong -4.2% return on equity (ROE), meaning it generates $-4 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 79/100. This is down from 41.9% the prior year.
Decent Holding Inc. scores 1.77, below the 1.81 distress threshold. 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.
Decent Holding Inc. passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). No profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Decent Holding Inc. generates $10.72 in operating cash flow (-$3.5M OCF vs -$322K 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
Earnings & Revenue
Decent Holding Inc. generated $12.9M in revenue in fiscal year 2025. This represents an increase of 12.2% from the prior year.
Decent Holding Inc.'s EBITDA was -$68K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 102.7% from the prior year.
Decent Holding Inc. reported -$322K in net income in fiscal year 2025. This represents a decrease of 115.3% from the prior year.
Decent Holding Inc. earned $-0.02 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 114.3% from the prior year.
Cash & Balance Sheet
Decent Holding Inc. generated -$3.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 684.7% from the prior year.
Decent Holding Inc. held $573K in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Decent Holding Inc.'s gross margin was 26.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.7 percentage points from the prior year.
Decent Holding Inc.'s operating margin was -1.1% in fiscal year 2025, reflecting core business profitability. This is down 22.5 percentage points from the prior year.
Decent Holding Inc.'s net profit margin was -2.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 20.7 percentage points from the prior year.
Decent Holding Inc.'s ROE was -4.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 46.1 percentage points from the prior year.
Capital Allocation
Decent Holding Inc. invested $302K in research and development in fiscal year 2025. This represents an increase of 942.5% from the prior year.
Decent Holding Inc. invested $589 in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 99.2% from the prior year.
DXST Income Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
DXST Balance Sheet
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Total Assets | $17.2M+27.1% | $13.5M+20.3% | $11.2M+110.4% | $5.3M |
| Current Assets | $16.1M+23.9% | $13.0M+32.9% | $9.8M+132.5% | $4.2M |
| Cash & Equivalents | $573K-31.7% | $838K+106.0% | $407K-69.3% | $1.3M |
| Inventory | $128-0.8% | $129-3.7% | $134-28.3% | $187 |
| Accounts Receivable | $12.4M+47.7% | $8.4M-3.7% | $8.7M+299.4% | $2.2M |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $9.5M+55.6% | $6.1M-2.4% | $6.2M+146.1% | $2.5M |
| Current Liabilities | $9.4M+54.9% | $6.1M-2.3% | $6.2M+149.6% | $2.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A |
| Total Equity | $7.7M+3.8% | $7.4M+48.3% | $5.0M+78.3% | $2.8M |
| Retained Earnings | $3.1M+2.1% | $3.1M-14.0% | $3.6M+113.6% | $1.7M |
DXST Cash Flow Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
DXST Financial Ratios
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 1.71-0.4 | 2.14+0.6 | 1.57-0.1 | 1.69 |
| Debt-to-Equity | 1.22+0.4 | 0.82-0.4 | 1.24+0.3 | 0.90 |
| FCF Margin | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Decent Holding Inc.'s annual revenue?
Decent Holding Inc. (DXST) reported $12.9M in total revenue for fiscal year 2025. This represents a 12.2% 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 Decent Holding Inc.'s revenue growing?
Decent Holding Inc. (DXST) revenue grew by 12.2% year-over-year, from $11.5M to $12.9M in fiscal year 2025.
Is Decent Holding Inc. profitable?
No, Decent Holding Inc. (DXST) reported a net income of -$322K in fiscal year 2025, with a net profit margin of -2.5%.
What is Decent Holding Inc.'s EBITDA?
Decent Holding Inc. (DXST) had EBITDA of -$68K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Decent Holding Inc.'s gross margin?
Decent Holding Inc. (DXST) had a gross margin of 26.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Decent Holding Inc.'s operating margin?
Decent Holding Inc. (DXST) had an operating margin of -1.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Decent Holding Inc.'s net profit margin?
Decent Holding Inc. (DXST) had a net profit margin of -2.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Decent Holding Inc.'s return on equity (ROE)?
Decent Holding Inc. (DXST) has a return on equity of -4.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Decent Holding Inc.'s free cash flow?
Decent Holding Inc. (DXST) generated -$3.5M in free cash flow during fiscal year 2025. This represents a -684.7% 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 Decent Holding Inc.'s operating cash flow?
Decent Holding Inc. (DXST) generated -$3.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Decent Holding Inc.'s total assets?
Decent Holding Inc. (DXST) had $17.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Decent Holding Inc.'s capital expenditures?
Decent Holding Inc. (DXST) invested $589 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Decent Holding Inc. spend on research and development?
Decent Holding Inc. (DXST) invested $302K in research and development during fiscal year 2025.
What is Decent Holding Inc.'s current ratio?
Decent Holding Inc. (DXST) had a current ratio of 1.71 as of fiscal year 2025, which is generally considered healthy.
What is Decent Holding Inc.'s debt-to-equity ratio?
Decent Holding Inc. (DXST) had a debt-to-equity ratio of 1.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Decent Holding Inc.'s return on assets (ROA)?
Decent Holding Inc. (DXST) had a return on assets of -1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Decent Holding Inc.'s cash runway?
Based on fiscal year 2025 data, Decent Holding Inc. (DXST) had $573K in cash against an annual operating cash burn of $3.5M. This gives an estimated cash runway of approximately 2 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 Decent Holding Inc.'s Altman Z-Score?
Decent Holding Inc. (DXST) has an Altman Z-Score of 1.77, 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 Decent Holding Inc.'s Piotroski F-Score?
Decent Holding Inc. (DXST) has a Piotroski F-Score of 1 out of 7 computable signals; 2 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 Decent Holding Inc.'s earnings high quality?
Decent Holding Inc. (DXST) has an earnings quality ratio of 10.72x, 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.
How financially healthy is Decent Holding Inc.?
Decent Holding Inc. (DXST) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.