EvoAir Holdings (EVOH) Financials
Newest figures come from the 10-K for FY2026, filed Oct 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EVOH SEC filings page.
EvoAir Holdings Inc (EVOH) reported $319K in revenue for fiscal year 2026, up 12.1% 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).
Revenue is growing, but gross profit remains too small to fund overhead, leaving operations dependent on outside financing.
FY2026 revenue grew12.1% while SG&A fell71.6% ; the margin recovery therefore reflects lower overhead as well as better gross economics, not scale alone. Even after that adjustment, gross profit was only$22K against a operating loss of$4.2M , so the business remains far from covering its fixed-cost base.
A current ratio of 0.1x means current assets covered only a fraction of current liabilities in FY2026. Liabilities rose
Operating cash flow was
Financial Health Signals
We do not publish a peer-relative financial health score for EvoAir Holdings Inc, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
EvoAir Holdings Inc passes 5 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, both operating efficiency signals pass.
EvoAir Holdings Inc reported a net loss of $4.1M while operations used $1.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
EvoAir Holdings Inc generated $107K in revenue in Q4 2026. This represents a decrease of 13.6% from the same quarter a year earlier. Against the prior quarter it is down 13.1%.
EvoAir Holdings Inc's EBITDA was $1.4M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
EvoAir Holdings Inc reported a net loss of $1.2M in Q4 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
EvoAir Holdings Inc earned -$0.04 per diluted share (EPS) in Q4 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
EvoAir Holdings Inc held $278K in cash as of Q4 2026; no long-term debt figure is on record for that period.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
EvoAir Holdings Inc's gross margin was 10.7% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 19.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.2 percentage points.
EvoAir Holdings Inc's quarterly ROE was -3.0% in Q4 2026: one quarter's net income over shareholder equity, not annualized. This is up 14.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.
Not shown for Q4 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q4 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for Q4 2026.
EVOH 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.
| Metric | Q4'2610-K | Q3'26S-1/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'25S-1/A | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $107K-13.6% | $124K+231.2% | $68K-5.0% | $20K-60.6% | $124K+34.2% | $37K-58.4% | $71K+72.7% | $52K+3.9% |
| Cost of Revenue | $96K-29.3% | $117K+1272.7% | $62K-11.3% | $23K-74.8% | $136K+72.1% | $9K-85.0% | $70K-19.5% | $90K-10.2% |
| Gross Profit | $11Kn/m | $7K-76.3% | $5K+414.6% | -$2Kn/m | -$11K-183.4% | $29K-12.4% | $1Kn/m | -$38Kn/m |
| SG&A Expenses | $1.1M-85.9% | $1.1M-12.2% | $1.0M-20.9% | $1.0M-77.5% | $7.8M | $1.2M+22.8% | $1.3M-13.4% | $4.6M+203.4% |
| Operating Income | -$1.1Mn/m | -$1.1Mn/m | -$1.0Mn/m | -$1.0Mn/m | -$7.8Mn/m | -$1.2Mn/m | -$1.3Mn/m | -$4.6Mn/m |
| EBITDA | $1.4Mn/m | -$1.1Mn/m | -$957Kn/m | -$1.0Mn/m | -$4.8M | -$1.2M-1119.5% | -$1.2Mn/m | -$4.6Mn/m |
| Net Income | -$1.2Mn/m | -$1.0Mn/m | -$939Kn/m | -$978Kn/m | -$7.7Mn/m | -$1.1Mn/m | -$1.2Mn/m | -$4.6Mn/m |
| EPS (Basic) | -$0.04n/m | -$0.04n/m | -$0.03n/m | -$0.04n/m | -$0.29n/m | -$0.04 | -$0.04 | -$0.18 |
| EPS (Diluted) | -$0.04n/m | -$0.04n/m | -$0.03n/m | -$0.04n/m | -$0.29n/m | -$0.04 | -$0.04 | -$0.18 |
| Diluted Shares (Avg) | N/A | 27M0.0% | 27M0.0% | 27M+5.5% | N/A | 27M | 27M | 26M |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense, Income Tax.
EVOH Balance Sheet
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.
| Metric | Q4'2610-K | Q3'26S-1/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'25S-1/A | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $43.3M-5.3% | $43.6M-17.8% | $44.4M-17.9% | $45.0M-18.2% | $45.7M-14.2% | $53.1M-29.7% | $54.0M-29.1% | $55.0M-29.2% |
| Current Assets | $747K+41.6% | $441K-33.0% | $505K-30.4% | $484K-34.3% | $528K-33.3% | $658K-49.7% | $726K-47.9% | $737K-56.9% |
| Cash & Equivalents | $278K+197.4% | $36K-55.8% | $46K-77.0% | $75K-50.0% | $93K-39.0% | $81K+78.0% | $199K+45.6% | $150K-68.7% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $314K-0.7% | $311K-28.5% | $340K-10.7% | $327K-20.0% | $317K-31.2% | $435K-40.9% | $381K-47.5% | $409K-40.3% |
| Accounts Receivable | $104K+85.5% | $34K-42.2% | $57K-0.9% | $22K-71.5% | $56K-10.6% | $59K+4.8% | $58K+35.8% | $78K+50.3% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $5.3M+62.8% | $4.4M+58.3% | $4.1M+67.3% | $3.5M+66.9% | $3.2M+80.6% | $2.8M+71.2% | $2.4M+77.4% | $2.1M+53.9% |
| Current Liabilities | $5.3M+64.6% | $4.4M+61.0% | $4.1M+71.0% | $3.5M+72.5% | $3.2M+90.7% | $2.7M+83.3% | $2.4M+95.9% | $2.0M+71.2% |
| Non-Current Liabilities | $0-100.0% | $0-100.0% | $10K-83.2% | $22K-72.5% | $35K-69.3% | $47K-64.9% | $58K-63.8% | $82K-56.2% |
| Total Equity | $39.2M-9.6% | $40.4M-21.0% | $41.4M-20.8% | $42.5M-20.6% | $43.4M-16.7% | $51.1M-31.1% | $52.3M-30.4% | $53.5M-30.0% |
| Retained Earnings | -$58.1Mn/m | -$57.0Mn/m | -$55.9Mn/m | -$55.0Mn/m | -$54.0Mn/m | -$46.3Mn/m | -$45.2Mn/m | -$44.0Mn/m |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
EVOH Cash Flow 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.
| Metric | Q4'2610-K | Q3'26S-1/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'25S-1/A | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$379Kn/m | -$264Kn/m | -$681Kn/m | -$35Kn/m | -$209Kn/m | -$162Kn/m | -$697Kn/m | -$42Kn/m |
| Depreciation & Amortization | $616K+113.6% | $18K-47.6% | $48K+54.3% | $28K+45.6% | $288K-73.9% | $35K-96.8% | $31K-97.1% | $19K-98.3% |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $3.3M |
| Capital Expenditures | N/A | N/A | $47K | $15K | $11K-74.7% | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | -$728K | -$50K | -$220Kn/m | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | -$47K | -$15K | -$11Kn/m | N/A | N/A | N/A |
| Financing Cash Flow | $580K+198.1% | $241K+35.0% | $855K+14.5% | -$2Kn/m | $194K-48.8% | $179K+28.8% | $747Kn/m | -$2Kn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
EVOH 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.
| Metric | Q4'2610-K | Q3'26S-1/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'25S-1/A | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.7%+19.9pp | 5.5%-71.7pp | 8.1%+6.6pp | -10.9%+62.6pp | -9.2%-24.0pp | 77.2%+40.5pp | 1.5% | -73.5%-55.5pp |
| Operating Margin | -1009.7% | -873.8% | -1486.1% | -5079.9% | -6284.1% | -3239.9% | -1793.0% | -8937.3% |
| Net Margin | -1083.4% | -820.1% | -1389.3% | -4782.9% | -6232.8% | -2996.4% | -1695.4% | -8772.4% |
| Return on Equity | -3.0%+14.9pp | -2.5%-0.3pp | -2.3%0.0pp | -2.3%+6.2pp | -17.9%+24.7pp | -2.2%-1.0pp | -2.3%-0.5pp | -8.5%-6.6pp |
| Return on Assets | -2.7%+14.3pp | -2.3%-0.2pp | -2.1%+0.1pp | -2.2%+6.1pp | -17.0%+24.7pp | -2.1%-0.9pp | -2.2%-0.4pp | -8.3%-6.4pp |
| Current Ratio | 0.140.0x | 0.10-0.1x | 0.12-0.2x | 0.14-0.2x | 0.16-0.3x | 0.24-0.6x | 0.30-0.8x | 0.36-1.1x |
| Liabilities-to-Equity | 0.13+0.1x | 0.11+0.1x | 0.10+0.1x | 0.080.0x | 0.070.0x | 0.050.0x | 0.050.0x | 0.040.0x |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x |
| FCF Margin | N/A | N/A | -1077.1% | -244.9% | -177.1% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: 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: The current ratio is below 1.0 (0.14), 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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| EvoAir Holdings Inc EVOH | FY2026 | $319K | -$4.1M | N/A | N/A | — |
| Sentinel Holdings Ltd SNTL | FY2025 | $1.9M | $1.7M | 86.1% | $18.3M | — |
| Bio Green Med Sluti 6%PFD BGMSP | FY2025 | $747K | -$3.0M | N/A | N/A | — |
| ScanTech AI Systems Inc STAI | FY2024 | $542K | N/A | N/A | $38K | — |
| Charging Robotics Inc CHEV | FY2025 | N/A | -$387K | N/A | $4.1M | — |
Where EvoAir Holdings Inc Ranks
Frequently Asked Questions
EvoAir Holdings Inc (EVOH) reported $319K in total revenue for fiscal year 2026. This represents a 12.1% 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.
EvoAir Holdings Inc (EVOH) revenue grew by 12.1% year-over-year, from $285K to $319K in fiscal year 2026.
No, EvoAir Holdings Inc (EVOH) reported a net loss of $4.1M in fiscal year 2026.
EvoAir Holdings Inc (EVOH) had EBITDA of -$1.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
EvoAir Holdings Inc (EVOH) had a gross margin of 6.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
EvoAir Holdings Inc (EVOH) has a return on equity of -10.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
EvoAir Holdings Inc (EVOH) recorded an outflow of $1.4M in free cash flow during fiscal year 2026. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
EvoAir Holdings Inc (EVOH) recorded an outflow of $1.4M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
EvoAir Holdings Inc (EVOH) had $43.3M in total assets as of fiscal year 2026, including both current and long-term assets.
EvoAir Holdings Inc (EVOH) invested $1K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
EvoAir Holdings Inc (EVOH) had a current ratio of 0.14 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
EvoAir Holdings Inc (EVOH) had a liabilities-to-equity ratio of 0.13 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
EvoAir Holdings Inc (EVOH) had a return on assets of -9.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2026, EvoAir Holdings Inc (EVOH) held $278K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.4M over that year. Dividing the one by the other, the reported balance equals about 2 months 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.
EvoAir Holdings Inc (EVOH) has a Piotroski F-Score of 5 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.
EvoAir Holdings Inc (EVOH) reported a net loss of $4.1M while operations used $1.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.