What is EVOAIR HLDGS INC's earnings per share (EPS)?

EVOAIR HLDGS INC (EVOH) reported diluted earnings per share of $-0.55 for fiscal year 2025. This represents a 45.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

EVOAIR HLDGS INC Financials

EVOH

Source SEC Filings (10-K/10-Q) Updated Nov 30, 2025 Currency USD FYE August

This page shows EVOAIR HLDGS INC (EVOH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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

Financial Profile 33/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

EVOAIR HLDGS INC has an operating margin of -5265.7%, meaning the company retains $-5266 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -19416.0% the prior year.

Growth

100

EVOAIR HLDGS INC's revenue surged 110.0% year-over-year to $285K, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

100

EVOAIR HLDGS INC carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

EVOAIR HLDGS INC's current ratio of 0.16 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.

Cash Flow

While EVOAIR HLDGS INC generated -$1.2M in operating cash flow, capex of $17K consumed most of it, leaving -$1.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

EVOAIR HLDGS INC generates a -34.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -50.3% the prior year.

Piotroski F-Score Weak

3/9

EVOAIR HLDGS INC passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.08x

For every $1 of reported earnings, EVOAIR HLDGS INC generates $0.08 in operating cash flow (-$1.2M OCF vs -$14.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-97972.2x

EVOAIR HLDGS INC earns $-97972.2 in operating income for every $1 of interest expense (-$15.0M vs $153). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$285K

YoY+110.0%

EVOAIR HLDGS INC generated $285K in revenue in fiscal year 2025. This represents an increase of 110.0% from the prior year.

EBITDA

-$11.9M

YoY+45.6%

EVOAIR HLDGS INC's EBITDA was -$11.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 45.6% from the prior year.

Net Income

-$14.6M

YoY+43.5%

EVOAIR HLDGS INC reported -$14.6M in net income in fiscal year 2025. This represents an increase of 43.5% from the prior year.

EPS (Diluted)

$-0.55

YoY+45.5%

EVOAIR HLDGS INC earned $-0.55 per diluted share (EPS) in fiscal year 2025. This represents an increase of 45.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.2M

YoY-8.3%

EVOAIR HLDGS INC generated -$1.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 8.3% from the prior year.

Cash & Debt

$93K

YoY-39.0%

5Y CAGR+75.1%

EVOAIR HLDGS INC held $93K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

27M

YoY+5.8%

EVOAIR HLDGS INC had 27M shares outstanding in fiscal year 2025. This represents an increase of 5.8% from the prior year.

Margins & Returns

Gross Margin

-6.9%

YoY-0.8pp

EVOAIR HLDGS INC's gross margin was -6.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the prior year.

Operating Margin

-5265.7%

YoY+14150.3pp

EVOAIR HLDGS INC's operating margin was -5265.7% in fiscal year 2025, reflecting core business profitability. This is up 14150.3 percentage points from the prior year.

Net Margin

-5138.3%

YoY+13952.3pp

EVOAIR HLDGS INC's net profit margin was -5138.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 13952.3 percentage points from the prior year.

Return on Equity

-34.5%

YoY+15.8pp

EVOAIR HLDGS INC's ROE was -34.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 15.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$17K

YoY-88.4%

EVOAIR HLDGS INC invested $17K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 88.4% from the prior year.

EVOH Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$285K+110.0%	$136K+23.1%	$110K-90.7%	$1.2M+53.7%	$775K	N/A
Cost of Revenue	$304K-5.8%	$323K-23.8%	$424K-55.5%	$952K+89.3%	$503K	N/A
Gross Profit	-$20K-137.6%	-$8K+77.0%	-$36K-115.2%	$238K-12.3%	$272K	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$14.9M-43.1%	$26.3M+332.9%	$6.1M+25.9%	$4.8M+248.4%	$1.4M+9521.4%	$14K
Operating Income	-$15.0M+43.0%	-$26.3M-329.1%	-$6.1M-32.8%	-$4.6M-304.4%	-$1.1M	N/A
Interest Expense	$153+7.7%	$142+1390.9%	-$11+100.0%	-$1.0M-3818.7%	-$26K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$14.6M+43.5%	-$25.9M-327.2%	-$6.1M-15.8%	-$5.2M-382.3%	-$1.1M-7452.8%	-$14K
EPS (Diluted)	$-0.55+45.5%	$-1.01-320.8%	$-0.24-200.0%	$-0.08	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$20K-83.5%	$124K+233.2%	$37K-47.5%	$71K+37.0%	$52K	N/A	$90K+117.7%	$41K
Cost of Revenue	$23K-83.3%	$136K+1496.1%	$9K-87.9%	$70K-22.2%	$90K	N/A	$57K-34.8%	$87K
Gross Profit	-$2K+80.5%	-$11K-139.7%	$29K+2622.2%	$1K+102.8%	-$38K	N/A	$33K+171.6%	-$46K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.0M-86.8%	$7.9M+537.4%	$1.2M-3.1%	$1.3M-72.3%	$4.6M	N/A	$984K-33.0%	$1.5M
Operating Income	-$1.0M+86.8%	-$7.9M-550.7%	-$1.2M+5.2%	-$1.3M+72.5%	-$4.6M	N/A	-$975K+35.9%	-$1.5M
Interest Expense	N/A	$6+118.8%	-$32-135.2%	$91+3.4%	$88	N/A	-$32-188.9%	$36
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$978K+87.4%	-$7.7M-593.1%	-$1.1M+7.3%	-$1.2M+73.5%	-$4.6M	N/A	-$893K+34.7%	-$1.4M
EPS (Diluted)	$-0.04	N/A	$-0.040.0%	$-0.04+77.8%	$-0.18	N/A	$-0.03+40.0%	$-0.05

EVOH Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$45.7M-14.2%	$53.3M-32.6%	$79.0M-4.9%	$83.1M+2372.5%	$3.4M+55746.0%	$6K
Current Assets	$528K-33.3%	$791K-61.8%	$2.1M+22.6%	$1.7M-47.6%	$3.2M+56714.2%	$6K
Cash & Equivalents	$93K-39.0%	$153K-80.4%	$779K+411.5%	$152K-91.1%	$1.7M+30113.0%	$6K
Inventory	$317K-31.2%	$460K-27.0%	$630K+1.9%	$619K+334.3%	$143K	N/A
Accounts Receivable	$56K-10.6%	$63K+42.6%	$44K-48.7%	$86K-32.7%	$128K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.2M+80.6%	$1.8M+53.2%	$1.2M-7.3%	$1.3M-62.9%	$3.4M+29856.2%	$11K
Current Liabilities	$3.2M+90.7%	$1.7M+74.6%	$965K+8.1%	$892K-45.6%	$1.6M+14278.0%	$11K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$42.4M-17.6%	$51.5M-33.9%	$77.9M-4.9%	$81.8M+152698.1%	-$54K-896.7%	-$5K
Retained Earnings	-$54.0M-37.1%	-$39.4M-191.4%	-$13.5M-81.1%	-$7.5M-234.2%	-$2.2M-7086.0%	-$31K

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$45.0M-1.5%	$45.7M-13.9%	$53.1M-1.7%	$54.0M-1.8%	$55.0M+3.2%	$53.3M-29.4%	$75.4M-1.0%	$76.2M
Current Assets	$484K-8.3%	$528K-19.8%	$658K-9.4%	$726K-1.5%	$737K-6.8%	$791K-39.5%	$1.3M-6.2%	$1.4M
Cash & Equivalents	$75K-19.7%	$93K+15.2%	$81K-59.4%	$199K+33.2%	$150K-2.1%	$153K+236.2%	$46K-66.8%	$137K
Inventory	$327K+3.5%	$317K-27.2%	$435K+14.3%	$381K-7.0%	$409K-11.1%	$460K-37.4%	$735K+1.4%	$725K
Accounts Receivable	$22K-60.7%	$56K-5.5%	$59K+2.6%	$58K-25.3%	$78K+23.3%	$63K+10.8%	$57K+33.0%	$43K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.5M+9.2%	$3.2M+16.4%	$2.8M+14.3%	$2.4M+14.8%	$2.1M+18.2%	$1.8M+10.3%	$1.6M+18.5%	$1.4M
Current Liabilities	$3.5M+9.6%	$3.2M+17.2%	$2.7M+15.1%	$2.4M+16.6%	$2.0M+21.2%	$1.7M+12.6%	$1.5M+23.0%	$1.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$41.4M-2.4%	$42.4M-15.6%	$50.3M-2.5%	$51.6M-2.4%	$52.8M+2.6%	$51.5M-30.3%	$73.8M-1.3%	$74.8M
Retained Earnings	-$55.0M-1.8%	-$54.0M-16.7%	-$46.3M-2.5%	-$45.2M-2.7%	-$44.0M-11.6%	-$39.4M-128.7%	-$17.2M-5.5%	-$16.3M

EVOH Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$1.2M-23.3%	-$940K+43.9%	-$1.7M-8.7%	-$1.5M+23.0%	-$2.0M-16768.3%	-$12K
Capital Expenditures	$17K-88.4%	$146K+930.9%	$14K-97.5%	$561K+496.9%	$94K	N/A
Free Cash Flow	-$1.2M-8.3%	-$1.1M+35.7%	-$1.7M+19.6%	-$2.1M-0.3%	-$2.1M	N/A
Investing Cash Flow	-$17K+88.4%	-$146K-930.9%	-$14K+97.5%	-$561K-496.9%	-$94K	$0
Financing Cash Flow	$1.2M+127.0%	$514K-78.5%	$2.4M+426.2%	$455K-86.2%	$3.3M+182568.5%	$2K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$2K

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$35K+86.6%	-$259K+71.6%	-$911K-1844.0%	$52K+225.7%	-$42K+88.0%	-$345K-150.8%	-$137K+61.2%	-$354K
Capital Expenditures	$15K+37.9%	$11K	N/A	N/A	N/A	$44K+604.2%	$6K+154.0%	-$12K
Free Cash Flow	-$50K+81.4%	-$270K	N/A	N/A	N/A	-$389K-170.4%	-$144K+60.7%	-$366K
Investing Cash Flow	-$15K-37.9%	-$11K	N/A	N/A	N/A	-$44K-604.2%	-$6K-154.0%	$12K
Financing Cash Flow	-$2K-100.8%	$244K-73.7%	$928K+46220.6%	-$2K+14.2%	-$2K-100.6%	$380K+173.4%	$139K+6493.6%	-$2K
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

EVOH Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	-6.9%-0.8pp	-6.1%+26.7pp	-32.8%-52.8pp	20.0%-15.1pp	35.1%	N/A
Operating Margin	-5265.7%+14150.3pp	-19416.0%-13847.2pp	-5568.8%-5181.0pp	-387.8%-240.5pp	-147.4%	N/A
Net Margin	-5138.3%+13952.3pp	-19090.6%-13590.1pp	-5500.5%-5061.0pp	-439.4%-299.4pp	-140.0%	N/A
Return on Equity	-34.5%+15.8pp	-50.3%-42.5pp	-7.8%-1.4pp	-6.4%	N/A	N/A
Return on Assets	-32.0%+16.6pp	-48.6%-40.9pp	-7.7%-1.4pp	-6.3%+26.0pp	-32.3%+206.4pp	-238.6%
Current Ratio	0.16-0.3	0.47-1.7	2.15+0.3	1.89-0.1	1.97+1.5	0.50
Debt-to-Equity	0.08+0.0	0.03+0.0	0.020.0	0.02+63.7	-63.67-61.6	-2.12
FCF Margin	-413.0%+388.1pp	-801.2%+732.0pp	-1533.2%-1356.7pp	-176.5%+93.9pp	-270.4%	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	-10.9%-1.7pp	-9.2%-86.4pp	77.2%+75.7pp	1.5%+75.0pp	-73.5%	N/A	36.7%+148.2pp	-111.5%
Operating Margin	-5079.9%+1247.0pp	-6326.9%-3087.0pp	-3239.9%-1446.8pp	-1793.0%+7144.3pp	-8937.3%	N/A	-1087.8%+2603.1pp	-3690.8%
Net Margin	-4782.9%+1449.9pp	-6232.8%-3236.4pp	-2996.4%-1301.0pp	-1695.4%+7077.0pp	-8772.4%	N/A	-996.1%+2323.7pp	-3319.8%
Return on Equity	-2.4%+15.9pp	-18.3%-16.0pp	-2.2%+0.1pp	-2.3%+6.3pp	-8.6%	N/A	-1.2%+0.6pp	-1.8%
Return on Assets	-2.2%+14.8pp	-17.0%-14.8pp	-2.1%+0.1pp	-2.2%+6.1pp	-8.3%	N/A	-1.2%+0.6pp	-1.8%
Current Ratio	0.14-0.0	0.16-0.1	0.24-0.1	0.30-0.1	0.36-0.1	0.47-0.4	0.87-0.3	1.15
Debt-to-Equity	0.090.0	0.08+0.0	0.060.0	0.050.0	0.040.0	0.03+0.0	0.020.0	0.02
FCF Margin	-244.9%-27.9pp	-217.0%	N/A	N/A	N/A	N/A	-160.3%+727.8pp	-888.1%

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 EVOAIR HLDGS INC's annual revenue?

EVOAIR HLDGS INC (EVOH) reported $285K in total revenue for fiscal year 2025. This represents a 110.0% 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 EVOAIR HLDGS INC's revenue growing?

EVOAIR HLDGS INC (EVOH) revenue grew by 110% year-over-year, from $136K to $285K in fiscal year 2025.

Is EVOAIR HLDGS INC profitable?

No, EVOAIR HLDGS INC (EVOH) reported a net income of -$14.6M in fiscal year 2025, with a net profit margin of -5138.3%.

What is EVOAIR HLDGS INC's EBITDA?

EVOAIR HLDGS INC (EVOH) had EBITDA of -$11.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is EVOAIR HLDGS INC's gross margin?

EVOAIR HLDGS INC (EVOH) had a gross margin of -6.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is EVOAIR HLDGS INC's operating margin?

EVOAIR HLDGS INC (EVOH) had an operating margin of -5265.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is EVOAIR HLDGS INC's net profit margin?

EVOAIR HLDGS INC (EVOH) had a net profit margin of -5138.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is EVOAIR HLDGS INC's return on equity (ROE)?

EVOAIR HLDGS INC (EVOH) has a return on equity of -34.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is EVOAIR HLDGS INC's free cash flow?

EVOAIR HLDGS INC (EVOH) generated -$1.2M in free cash flow during fiscal year 2025. This represents a -8.3% 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 EVOAIR HLDGS INC's operating cash flow?

EVOAIR HLDGS INC (EVOH) generated -$1.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are EVOAIR HLDGS INC's total assets?

EVOAIR HLDGS INC (EVOH) had $45.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What are EVOAIR HLDGS INC's capital expenditures?

EVOAIR HLDGS INC (EVOH) invested $17K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does EVOAIR HLDGS INC have outstanding?

EVOAIR HLDGS INC (EVOH) had 27M shares outstanding as of fiscal year 2025.

What is EVOAIR HLDGS INC's current ratio?

EVOAIR HLDGS INC (EVOH) had a current ratio of 0.16 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is EVOAIR HLDGS INC's debt-to-equity ratio?

EVOAIR HLDGS INC (EVOH) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is EVOAIR HLDGS INC's return on assets (ROA)?

EVOAIR HLDGS INC (EVOH) had a return on assets of -32.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is EVOAIR HLDGS INC's cash runway?

Based on fiscal year 2025 data, EVOAIR HLDGS INC (EVOH) had $93K in cash against an annual operating cash burn of $1.2M. 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.

What is EVOAIR HLDGS INC's Piotroski F-Score?

EVOAIR HLDGS INC (EVOH) 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 EVOAIR HLDGS INC's earnings high quality?

EVOAIR HLDGS INC (EVOH) has an earnings quality ratio of 0.08x, 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 EVOAIR HLDGS INC cover its interest payments?

EVOAIR HLDGS INC (EVOH) has an interest coverage ratio of -97972.2x, 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.

How financially healthy is EVOAIR HLDGS INC?

EVOAIR HLDGS INC (EVOH) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.