Azio AI Holdings, Inc Financials

EVTV

Trailing 12 months to March 31, 2026

Revenue $7.6M YoY not available

Net Income $6.7M YoY not available

EPS (Diluted) Not reported for the trailing 12 months

Free Cash Flow -$6.2M +17.9% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 19, 2026 Currency USD FYE December

Azio AI Holdings, Inc (EVTV) reported $7.6M in revenue over the twelve months to Mar 31, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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 EVTV FY2025 2026-08-15

The business entered FY2025 with sales growth overwhelmed by cost of revenue, cash depletion, and liabilities exceeding the asset base.

Revenue expanded sharply in FY2025, but cost of revenue reached $19.1M against $5.9M of sales; added volume did not produce positive gross economics. That is visible in gross margin of -222.2% alongside operating cash flow of -$5.6M, showing the deterioration reached both reported unit economics and cash operations.

Operating cash flow of -$5.6M was worse than the net loss of -$3.3M, so accounting losses understated the cash required to keep operating. Financing supplied $4.2M while ending cash was only $359K, pointing to dependence on external capital rather than internally generated liquidity.

Liquidity shifted from a cushion to a constraint: the current ratio fell from 1.5x in FY2024 to 0.3x in FY2025 as current liabilities overwhelmed current assets. Equity moved from $20.9M positive to -$8.9M; with debt at only $486K, the solvency pressure reflects accumulated losses and obligations exceeding assets more than conventional debt leverage.

Financial Health Signals

Financial Health Score 37/100

Scored as: Emerging companies peer group

Scored against emerging 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 Azio AI Holdings, 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.

Cash Runway

Dilution

R&D Intensity

Revenue Progress

Burn Trend

Balance Sheet

Piotroski F-Score Weak

1/9

Azio AI Holdings, Inc passes 1 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Azio AI Holdings, Inc reported a net loss of $3.3M while operations used $5.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$5.9M

YoY+217.6%

5Y CAGR+131.8%

Azio AI Holdings, Inc generated $5.9M in revenue in fiscal year 2025. This represents an increase of 217.6% from the prior year.

Net Income

-$3.3M

YoY+20.8%

Azio AI Holdings, Inc reported -$3.3M in net income in fiscal year 2025. This represents an increase of 20.8% from the prior year.

EBITDA

Not reported for fiscal year 2025.

EPS (Diluted)

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$5.8M

YoY-46.5%

Azio AI Holdings, Inc recorded an outflow of $5.8M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 46.5% from the prior year.

Cash & Debt

$359K

YoY-81.5%

5Y CAGR+21.4%

10Y CAGR-22.4%

Azio AI Holdings, Inc held $359K in cash against $486K in long-term debt as of fiscal year 2025, with $13.3M of liabilities due within a year.

Shares Outstanding

YoY+143.0%

Azio AI Holdings, Inc had 5M shares outstanding in fiscal year 2025. This represents an increase of 143.0% from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Net Margin

-56.3%

Azio AI Holdings, Inc's net profit margin was -56.3% in fiscal year 2025, showing the share of revenue converted to profit. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Gross Margin

Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Operating Margin

Not reported for fiscal year 2025.

Return on Equity

Not reported for fiscal year 2025.

Capital Allocation

R&D Spending

$732K

YoY+279.4%

10Y CAGR+2.9%

Azio AI Holdings, Inc invested $732K in research and development in fiscal year 2025. This represents an increase of 279.4% from the prior year.

Capital Expenditures

$177K

YoY-58.9%

5Y CAGR+19.3%

10Y CAGR+50.3%

Azio AI Holdings, Inc invested $177K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 58.9% from the prior year.

Share Buybacks

Not reported for fiscal year 2025.

EVTV Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

EVTV quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Revenue	$7.6M	$5.9M+217.6%	$1.9M-34.7%	$2.9M-36.4%	$4.5M+120.5%	$2.0M+2202.2%	$89K-99.3%	$12.6M+150.7%	$5.0M+1079.1%	$425K+525.0%	$68K	N/A
Cost of Revenue	$21.1M	$19.1M+1285.5%	$1.4M-25.6%	$1.9M-33.0%	$2.8M+116.4%	$1.3M+1642.1%	$74K-99.4%	$11.6M+138.4%	$4.9M+918.4%	$479K+858.0%	$50K	N/A
Gross Profit	-$13.5M	-$13.2M-2800.1%	$489K-51.4%	$1.0M-41.9%	$1.7M+127.5%	$761K+4917.3%	$15K-98.4%	$934K+602.3%	$133K+346.3%	-$54K-400.0%	$18K	N/A
R&D Expenses	$643K	$732K+279.4%	$193K-18.3%	$236K+57.5%	$150K+157.9%	$58K	$0-100.0%	$109K-84.2%	$686K+16.9%	$587K+1474.6%	$37K-93.2%	$549K
SG&A Expenses	$11.3M	$11.3M+38.5%	$8.1M-0.3%	$8.2M+2.2%	$8.0M-2.9%	$8.2M+2219.2%	$355K-93.8%	$5.7M-46.4%	$10.7M-43.1%	$18.7M+99.0%	$9.4M+102.8%	$4.6M
Operating Income	N/A	N/A	-$7.9M+37.7%	-$12.7M+71.0%	-$43.8M-467.7%	-$7.7M-1779.5%	-$411K+92.1%	-$5.2M+54.2%	-$11.4M+47.3%	-$21.6M-126.5%	-$9.5M-79.3%	-$5.3M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$322K-72.0%	$1.1M+63.5%	$702K
Income Tax	$0	$0	$0	$0	$0-100.0%	$221K+201.1%	-$218K	N/A	N/A	$3K	N/A	N/A
Net Income	$6.7M	-$3.3M+20.8%	-$4.2M+66.7%	-$12.7M+71.0%	-$43.8M-472.4%	-$7.7M-2637.6%	-$280K+94.6%	-$5.2M+53.4%	-$11.0M+49.6%	-$21.9M-105.0%	-$10.7M-77.1%	-$6.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$2.2M-9.7%	$2.5M+37.3%	$1.8M+73.1%	$1.0M+77.3%	$591K	N/A	$0-100.0%	$813K
Cost of Revenue	$2.4M-83.1%	$14.4M+733.3%	$1.7M-30.9%	$2.5M+431.6%	$471K	N/A	$134K-78.0%	$609K
Gross Profit	-$189K+98.4%	-$11.9M-14879.4%	$81K+105.5%	-$1.5M-1321.0%	$119K	N/A	-$134K-165.7%	$204K
R&D Expenses	$10K	$0-100.0%	$43K-92.7%	$590K+499.7%	$98K	N/A	$20K-66.8%	$62K
SG&A Expenses	$3.6M+66.5%	$2.1M-22.8%	$2.8M+1.1%	$2.8M-23.6%	$3.6M	N/A	$1.4M-4.8%	$1.5M
Operating Income	-$3.8M	N/A	-$6.1M-26.3%	-$4.8M+65.0%	-$13.7M	N/A	-$1.6M-21.2%	-$1.3M
Income Tax	$0	$0	$0	$0	$0	N/A	$0	$0
Net Income	-$4.0M-118.0%	$22.2M+449.2%	-$6.4M-23.5%	-$5.1M+63.3%	-$14.0M	N/A	-$1.2M-63.6%	-$755K

Not reported in any period shown, so not listed: Interest Expense, EPS (Diluted).

EVTV Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

EVTV quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Total Assets	$4.7M-85.7%	$32.7M+44.2%	$22.7M-32.3%	$33.5M-55.5%	$75.3M+3026.5%	$2.4M-76.7%	$10.3M-4.8%	$10.8M+103.6%	$5.3M+56.3%	$3.4M	N/A
Current Assets	$3.5M-80.2%	$17.6M+46.3%	$12.1M-34.3%	$18.3M-20.3%	$23.0M+1087.3%	$1.9M-79.9%	$9.6M-5.3%	$10.2M+128.8%	$4.4M+62.1%	$2.7M	N/A
Cash & Equivalents	$359K-81.5%	$1.9M+325.0%	$457K-83.5%	$2.8M-42.9%	$4.8M+3457.8%	$136K-96.9%	$4.4M+17.9%	$3.8M+53.7%	$2.4M+160.8%	$938K-79.3%	$4.5M
Inventory	$0-100.0%	$6.4M-6.1%	$6.8M+20.4%	$5.7M+47.3%	$3.9M	$0-100.0%	$494K	$0-100.0%	$225K-28.3%	$314K	N/A
Accounts Receivable	N/A	$1.0M+45.9%	$692K-66.6%	$2.1M+45.2%	$1.4M+15767.0%	$9K-98.6%	$661K-33.6%	$997K	$0	N/A	N/A
Goodwill	$0-100.0%	$10.1M+5.4%	$9.6M-34.7%	$14.7M-71.6%	$51.8M	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$13.6M+15.7%	$11.7M+481.7%	$2.0M+35.7%	$1.5M-4.9%	$1.6M-45.6%	$2.9M-72.6%	$10.5M+225.5%	$3.2M+8.3%	$3.0M-51.2%	$6.1M	N/A
Current Liabilities	$13.3M+13.1%	$11.7M+562.2%	$1.8M+20.5%	$1.5M-5.0%	$1.6M-43.2%	$2.7M-60.4%	$6.9M+128.8%	$3.0M+11.8%	$2.7M-55.9%	$6.1M	N/A
Long-Term Debt	$486K-85.6%	$3.4M+1109.8%	$280K	N/A	N/A	N/A	N/A	N/A	$2.1M-62.8%	$5.8M	N/A
Total Equity	-$8.9M-142.7%	$20.9M+1.4%	$20.6M-35.5%	$32.0M-56.6%	$73.7M+15718.0%	-$472K-145.0%	-$193K-102.5%	$7.6M+225.0%	$2.3M+186.4%	-$2.7M-220.0%	-$846K
Retained Earnings	-$112.6M-53.3%	-$73.5M-13.7%	-$64.6M-24.4%	-$51.9M-539.2%	-$8.1M-1620.3%	-$472K+99.2%	-$59.2M-9.5%	-$54.0M-25.7%	-$43.0M-103.9%	-$21.1M	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$11.2M+139.7%	$4.7M-74.3%	$18.2M-20.0%	$22.7M-8.5%	$24.8M-24.0%	$32.7M+43.1%	$22.8M+1.4%	$22.5M
Current Assets	$6.8M+94.3%	$3.5M-77.5%	$15.5M-5.1%	$16.3M-18.7%	$20.1M+13.8%	$17.6M+44.1%	$12.2M+2.1%	$12.0M
Cash & Equivalents	$2.0M+461.0%	$359K+362.6%	$78K-91.8%	$942K+346.0%	$211K-89.1%	$1.9M+184.4%	$683K+56.2%	$437K
Inventory	$0	$0-100.0%	$4.9M0.0%	$4.9M-22.3%	$6.2M-2.6%	$6.4M-4.3%	$6.7M0.0%	$6.7M
Accounts Receivable	N/A	N/A	N/A	N/A	$852K-15.6%	$1.0M-7.4%	$1.1M-23.5%	$1.4M
Goodwill	N/A	$0	$0	$0	$0-100.0%	$10.1M+5.4%	$9.6M0.0%	$9.6M
Total Liabilities	$19.4M+42.4%	$13.6M-16.8%	$16.3M-3.0%	$16.8M+7.4%	$15.7M+33.4%	$11.7M+202.8%	$3.9M-11.0%	$4.4M
Current Liabilities	$18.3M+37.8%	$13.3M-16.8%	$16.0M-2.8%	$16.4M+4.9%	$15.7M+33.4%	$11.7M+228.8%	$3.6M-16.6%	$4.3M
Long-Term Debt	$4.5M+834.5%	$486K-83.1%	$2.9M-41.8%	$4.9M+8.1%	$4.6M+35.1%	$3.4M+268.5%	$918K-30.6%	$1.3M
Total Equity	-$8.2M+8.4%	-$8.9M-579.5%	$1.9M-68.5%	$5.9M-35.6%	$9.2M-56.2%	$20.9M+10.4%	$19.0M+4.4%	$18.1M
Retained Earnings	-$116.6M-3.5%	-$112.6M-13.7%	-$99.0M-6.9%	-$92.6M-5.9%	-$87.5M-19.1%	-$73.5M-3.3%	-$71.1M-1.8%	-$69.9M

EVTV Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

EVTV quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Operating Cash Flow	-$4.7M	-$5.6M-59.4%	-$3.5M+25.6%	-$4.7M+36.6%	-$7.4M+42.6%	-$12.9M-947.6%	$1.5M+133.3%	-$4.6M-1.6%	-$4.5M+19.1%	-$5.6M-91.8%	-$2.9M-38.3%	-$2.1M
Capital Expenditures	$1.5M	$177K-58.9%	$430K+1101.7%	$36K-78.8%	$169K+503.0%	$28K-61.7%	$73K+462.2%	$13K-83.5%	$79K-30.7%	$114K-72.3%	$411K+13600.0%	$3K
Free Cash Flow	-$6.2M	-$5.8M-46.5%	-$3.9M+17.1%	-$4.7M+37.5%	-$7.6M+41.4%	-$13.0M-992.1%	$1.5M+131.6%	-$4.6M-0.1%	-$4.6M+19.4%	-$5.7M-71.5%	-$3.3M-57.6%	-$2.1M
Investing Cash Flow	-$1.5M	-$177K+96.2%	-$4.7M-304.0%	$2.3M-58.1%	$5.5M+217.7%	-$4.7M-6300.0%	-$73K-106.5%	$1.1M+130.4%	-$3.7M-503.4%	-$614K+29.5%	-$871K-670.8%	-$113K
Financing Cash Flow	$8.0M	$4.2M-56.9%	$9.7M+26395.5%	$37K+123.4%	-$157K-100.8%	$20.6M+13372.7%	$153K-96.3%	$4.1M-56.7%	$9.5M+23.8%	$7.7M+4177.8%	$180K-97.3%	$6.6M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$3.3M-571.9%	$708K+177.8%	-$910K+22.0%	-$1.2M+72.3%	-$4.2M-543.1%	-$656K+42.9%	-$1.1M-19.0%	-$965K
Capital Expenditures	$1.5M	$0	$0	$0-100.0%	$177K-12.2%	$201K+114.7%	$94K-30.7%	$135K
Free Cash Flow	-$4.9M-787.3%	$708K+177.8%	-$910K+22.0%	-$1.2M+73.4%	-$4.4M-412.7%	-$857K+31.0%	-$1.2M-12.9%	-$1.1M
Investing Cash Flow	-$1.5M	$0	$0	$0+100.0%	-$177K+96.1%	-$4.5M-4676.3%	-$94K+30.7%	-$135K
Financing Cash Flow	$6.5M+1627.9%	-$427K-1032.3%	$46K-97.6%	$1.9M-28.7%	$2.7M-58.3%	$6.4M+329.7%	$1.5M+204.9%	$488K

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

EVTV Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

EVTV quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Gross Margin	-222.2%	26.1%-9.0pp	35.1%-3.3pp	38.5%+1.2pp	37.3%+20.2pp	17.1%+9.7pp	7.4%+4.8pp	2.6%+15.4pp	-12.7%-39.2pp	26.5%	N/A
Operating Margin	N/A	-423.5%	-444.1%	-973.4%	-378.1%	-463.1%	-41.5%	-227.0%	-5081.9%	-14020.6%	N/A
Net Margin	-56.3%	-225.5%	-443.1%	-972.4%	-374.6%	-315.0%	-41.0%	-220.5%	-5153.6%	-15713.2%	N/A
Return on Equity	N/A	-20.2%+41.3pp	-61.5%+75.4pp	-136.9%-126.5pp	-10.4%	N/A	N/A	-145.3%+790.7pp	-936.0%	N/A	N/A
Return on Assets	-71.6%-58.7pp	-12.9%+43.1pp	-56.0%+74.8pp	-130.8%-120.7pp	-10.2%+1.4pp	-11.6%+38.4pp	-50.0%+52.0pp	-102.0%+309.6pp	-411.6%-97.8pp	-313.7%	N/A
Current Ratio	0.26-1.2x	1.50-5.3x	6.80-5.7x	12.46-2.4x	14.85+14.1x	0.71-0.7x	1.40-2.0x	3.38+1.7x	1.65+1.2x	0.45	N/A
Debt-to-Equity	N/A	0.16+0.1x	0.010.0x	0.050.0x	0.02	N/A	N/A	0.42-0.5x	0.92	N/A	N/A
FCF Margin	-97.1%	-210.4%	-165.9%	-168.7%	-634.6%	1637.7%	-36.6%+55.0pp	-91.6%	-1339.3%	-4880.9%	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	-8.4%	-479.8%	4.5%	-139.2%	20.2%	N/A	N/A	25.1%
Operating Margin	-167.7%	N/A	-334.5%	-458.4%	-2325.2%	N/A	N/A	-163.0%
Net Margin	-177.3%	891.9%	-350.8%	-491.6%	-2376.8%	N/A	N/A	-92.9%
Return on Equity	N/A	N/A	-341.4%-254.3pp	-87.1%+65.9pp	-153.1%	N/A	-6.5%-2.4pp	-4.2%
Return on Assets	-35.6%-511.2pp	475.6%+510.5pp	-34.9%-12.3pp	-22.6%+33.9pp	-56.5%	N/A	-5.4%-2.1pp	-3.4%
Current Ratio	0.37+0.1x	0.26-0.7x	0.970.0x	0.99-0.3x	1.28-0.2x	1.50-1.9x	3.43+0.6x	2.80
Debt-to-Equity	N/A	N/A	1.54+0.7x	0.84+0.3x	0.50+0.3x	0.16+0.1x	0.050.0x	0.07
FCF Margin	-216.5%	28.5%+78.7pp	-50.2%	-111.5%	-744.1%	N/A	N/A	-135.4%

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: Gross Margin, Operating Margin, Net Margin, FCF Margin.

Note: Shareholder equity is negative (-$8.9M), 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 (0.26), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Azio AI Holdings, Inc's annual revenue?

Azio AI Holdings, Inc (EVTV) reported $5.9M in total revenue for fiscal year 2025. This represents a 217.6% 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 Azio AI Holdings, Inc's revenue growing?

Azio AI Holdings, Inc (EVTV) revenue grew by 217.6% year-over-year, from $1.9M to $5.9M in fiscal year 2025.

Is Azio AI Holdings, Inc profitable?

No, Azio AI Holdings, Inc (EVTV) reported a net income of -$3.3M in fiscal year 2025, with a net profit margin of -56.3%.

How much debt does Azio AI Holdings, Inc have?

As of fiscal year 2025, Azio AI Holdings, Inc (EVTV) had $359K in cash and equivalents against $486K in long-term debt.

What is Azio AI Holdings, Inc's net profit margin?

Azio AI Holdings, Inc (EVTV) had a net profit margin of -56.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Azio AI Holdings, Inc's free cash flow?

Azio AI Holdings, Inc (EVTV) recorded an outflow of $5.8M in free cash flow during fiscal year 2025. This represents a -46.5% 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 Azio AI Holdings, Inc's operating cash flow?

Azio AI Holdings, Inc (EVTV) recorded an outflow of $5.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Azio AI Holdings, Inc's total assets?

Azio AI Holdings, Inc (EVTV) had $4.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Azio AI Holdings, Inc's capital expenditures?

Azio AI Holdings, Inc (EVTV) invested $177K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Azio AI Holdings, Inc spend on research and development?

Azio AI Holdings, Inc (EVTV) invested $732K in research and development during fiscal year 2025.

How many shares does Azio AI Holdings, Inc have outstanding?

Azio AI Holdings, Inc (EVTV) had 5M shares outstanding as of fiscal year 2025.

What is Azio AI Holdings, Inc's current ratio?

Azio AI Holdings, Inc (EVTV) had a current ratio of 0.26 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Azio AI Holdings, Inc's return on assets (ROA)?

Azio AI Holdings, Inc (EVTV) had a return on assets of -71.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

How does Azio AI Holdings, Inc's liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Azio AI Holdings, Inc (EVTV) held $359K in cash, cash equivalents and investments, and reported an operating cash outflow of $5.6M 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 Azio AI Holdings, Inc's debt-to-equity ratio negative or not reported?

Azio AI Holdings, Inc (EVTV) has negative shareholder equity of -$8.9M as of fiscal year 2025, 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 Azio AI Holdings, Inc's Piotroski F-Score?

Azio AI Holdings, Inc (EVTV) has a Piotroski F-Score of 1 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Azio AI Holdings, Inc's earnings high quality?

Azio AI Holdings, Inc (EVTV) reported a net loss of $3.3M while operations used $5.6M 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.

How financially healthy is Azio AI Holdings, Inc?

Azio AI Holdings, Inc (EVTV) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), 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.