Source SEC Filings (10-K/10-Q)Latest period Q2 FY2026, ended Jun 30, 2026ReportedCurrency USDFYE December
Leverage Shares 2X Long FIX Daily ETF (FIXX) reported $53.7M in revenue
for fiscal year 2025.
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).
Financial Health Signals
Financial health score not available
Leverage Shares 2X Long FIX Daily ETF does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Piotroski F-ScorePartial
3/7
Leverage Shares 2X Long FIX Daily ETF passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Earnings QualityNo Cash Backing
$1.13used
For every $1 of reported earnings, Leverage Shares 2X Long FIX Daily ETF used $1.13 of operating cash (-$33.5M OCF vs $29.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Interest CoverageSafe
16.02x
Leverage Shares 2X Long FIX Daily ETF earns $16.02 in operating income for every $1 of interest expense ($16.9M vs $1.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Leverage Shares 2X Long FIX Daily ETF generated $53.7M in revenue in fiscal year 2025.
EBITDA
$17.3M
YoY+126.4%
Leverage Shares 2X Long FIX Daily ETF's EBITDA was $17.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 126.4% from the prior year.
Net Income
$29.8M
YoY+162.5%
Leverage Shares 2X Long FIX Daily ETF reported $29.8M in net income in fiscal year 2025. This represents an increase of 162.5% from the prior year.
EPS (Diluted)
$2.42
Leverage Shares 2X Long FIX Daily ETF earned $2.42 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Free Cash Flow
-$33.5M
YoY+50.5%
Leverage Shares 2X Long FIX Daily ETF recorded an outflow of $33.5M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 50.5% from the prior year.
Cash & Debt
$48.3M
YoY-38.1%
5Y CAGR-26.0%
Leverage Shares 2X Long FIX Daily ETF held $48.3M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Shares Outstanding
15M
Leverage Shares 2X Long FIX Daily ETF had 15M shares outstanding in fiscal year 2025.
Dividends Per Share
Not reported for fiscal year 2025.
Margins & Returns
Operating Margin
31.4%
Leverage Shares 2X Long FIX Daily ETF's operating margin was 31.4% in fiscal year 2025, reflecting core business profitability.
Net Margin
55.5%
Leverage Shares 2X Long FIX Daily ETF's net profit margin was 55.5% in fiscal year 2025, showing the share of revenue converted to profit.
Return on Equity
70.9%
YoY+911.5pp
Leverage Shares 2X Long FIX Daily ETF's ROE was 70.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 911.5 percentage points from the prior year.
Gross Margin
Not reported for fiscal year 2025.
Capital Allocation
R&D Spending
$19.2M
YoY-60.2%
5Y CAGR-28.2%
Leverage Shares 2X Long FIX Daily ETF invested $19.2M in research and development in fiscal year 2025. This represents a decrease of 60.2% from the prior year.
Capital Expenditures
$0
YoY-100.0%
Leverage Shares 2X Long FIX Daily ETF reported no capital expenditure in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Share Buybacks
Not reported for fiscal year 2025.
FIXX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
FIXX annual income statement
FIXX quarterly income statement
Metric
TTM
FY25
FY24
FY23
FY22
FY21
FY20
FY19
FY18
FY17
Revenue
N/A
$53.7M
$0-100.0%
$1.2M-64.0%
$3.2M-90.6%
$34.0M+1157.3%
$2.7M+62.2%
$1.7M-68.7%
$5.3M
N/A
R&D Expenses
N/A
$19.2M-60.2%
$48.1M+51.7%
$31.7M-67.7%
$98.4M+5.7%
$93.1M-7.3%
$100.4M+12.3%
$89.4M+86.4%
$47.9M+124.3%
$21.4M
SG&A Expenses
N/A
$17.7M-1.6%
$18.0M+81.9%
$9.9M-74.1%
$38.1M+3.5%
$36.8M+13.1%
$32.6M+46.7%
$22.2M+28.4%
$17.3M+109.0%
$8.3M
Operating Income
N/A
$16.9M+125.6%
-$66.1M-37.0%
-$48.3M+63.8%
-$133.3M-38.9%
-$95.9M+26.3%
-$130.3M-18.5%
-$109.9M-83.5%
-$59.9M-102.1%
-$29.7M
Interest Expense
N/A
$1.1M-62.7%
$2.8M+88.8%
$1.5M
N/A
N/A
N/A
N/A
N/A
N/A
Income Tax
N/A
$0-100.0%
$21K-93.4%
$318K-55.5%
$715K
$0
$0
$0
$0
$0
Net Income
N/A
$29.8M+162.5%
-$47.7M+11.2%
-$53.7M-972.9%
-$5.0M+94.8%
-$95.8M+25.6%
-$128.7M-23.8%
-$103.9M-87.0%
-$55.6M-85.3%
-$30.0M
EPS (Diluted)
—
$2.42
-$6.58
-$153.96
-$0.09+94.8%
-$1.73
N/A
N/A
N/A
N/A
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
$0
R&D Expenses
$4.3M+32.3%
$3.2M
N/A
$3.6M-31.1%
$5.2M-27.6%
$7.1M
N/A
$14.3M
SG&A Expenses
$4.9M+7.9%
$4.5M
N/A
$4.0M+0.3%
$4.0M-21.4%
$5.1M
N/A
$4.5M
Operating Income
-$9.1M-18.1%
-$7.7M
N/A
-$7.6M+17.4%
-$9.2M+25.0%
-$12.2M
N/A
-$18.8M
Interest Expense
-$246K-28.1%
-$192K
N/A
-$220K+22.5%
-$284K+23.5%
-$371K
N/A
-$917K
Income Tax
$0
$0
N/A
$0
$0
$0
N/A
$0
Net Income
-$8.9M-17.6%
-$7.6M
N/A
-$7.4M+22.1%
-$9.5M+14.0%
-$11.0M
N/A
-$17.6M
EPS (Diluted)
-$0.44+18.5%
-$0.54-111.5%
$4.71+885.0%
-$0.60+23.1%
-$0.78+13.3%
-$0.90+8.2%
-$0.98+32.9%
-$1.46
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
FIXX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
FIXX annual balance sheet
FIXX quarterly balance sheet
Metric
FY25
FY24
FY23
FY22
FY21
FY20
FY19
FY18
FY17
Total Assets
$61.8M-33.1%
$92.3M+96.2%
$47.1M-79.4%
$228.5M+7.9%
$211.7M-19.7%
$263.7M-15.1%
$310.6M+19.9%
$259.1M+88.4%
$137.5M
Current Assets
$55.0M-32.8%
$81.9M+185.1%
$28.7M-84.1%
$181.0M-5.7%
$191.9M-12.6%
$219.6M-17.6%
$266.6M+20.3%
$221.7M+68.4%
$131.6M
Cash & Equivalents
$48.3M-38.1%
$78.0M+204.3%
$25.6M-24.6%
$34.0M-68.6%
$108.4M-50.2%
$217.4M+304.3%
$53.8M+40.7%
$38.2M-25.9%
$51.6M
Total Liabilities
$19.8M-77.2%
$86.7M-62.3%
$230.0M-36.0%
$359.2M+753.8%
$42.1M-37.9%
$67.7M+30.1%
$52.1M-17.0%
$62.7M-64.6%
$177.0M
Current Liabilities
$11.3M-31.1%
$16.5M+16.7%
$14.1M-37.5%
$22.6M+31.1%
$17.2M-24.0%
$22.7M+83.1%
$12.4M-45.1%
$22.5M+154.1%
$8.9M
Total Equity
$42.0M+640.3%
$5.7M+103.1%
-$182.9M-39.9%
-$130.7M-177.0%
$169.7M-13.4%
$196.0M-24.2%
$258.5M+31.7%
$196.4M+597.7%
-$39.5M
Retained Earnings
-$205.0M+12.7%
-$234.8M-25.5%
-$187.1M+56.4%
-$429.1M-1.2%
-$424.1M-29.2%
-$328.4M-64.5%
-$199.7M-108.5%
-$95.8M-138.3%
-$40.2M
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Total Assets
$115.9M+82.0%
$63.7M+3.1%
$61.8M+6.9%
$57.8M-12.6%
$66.1M-16.4%
$79.1M-14.4%
$92.3M-11.7%
$104.5M
Current Assets
$109.6M+91.7%
$57.2M+3.9%
$55.0M+8.3%
$50.8M-12.9%
$58.3M-15.0%
$68.6M-16.2%
$81.9M-12.8%
$93.9M
Cash & Equivalents
$106.3M+109.4%
$50.8M+5.1%
$48.3M-1.5%
$49.0M-10.6%
$54.8M-16.3%
$65.5M-16.0%
$78.0M-12.5%
$89.1M
Total Liabilities
$10.0M-42.6%
$17.4M-12.1%
$19.8M-74.1%
$76.2M-2.7%
$78.4M-5.7%
$83.1M-4.1%
$86.7M+0.5%
$86.2M
Current Liabilities
$5.4M-49.4%
$10.7M-6.0%
$11.3M+2.1%
$11.1M-3.7%
$11.5M-20.9%
$14.6M-11.5%
$16.5M+14.5%
$14.4M
Total Equity
$105.9M+128.7%
$46.3M+10.2%
$42.0M+327.7%
-$18.4M-50.8%
-$12.2M-204.8%
-$4.0M-170.7%
$5.7M-69.0%
$18.3M
Retained Earnings
-$221.5M-4.2%
-$212.6M-3.7%
-$205.0M+22.0%
-$262.7M-2.9%
-$255.3M-3.9%
-$245.8M-4.7%
-$234.8M-6.4%
-$220.6M
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
FIXX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
FIXX annual cash flow statement
FIXX quarterly cash flow statement
Metric
TTM
FY25
FY24
FY23
FY22
FY21
FY20
FY19
FY18
FY17
Operating Cash Flow
-$19.8M
-$33.5M+50.5%
-$67.7M-262.6%
-$18.7M+83.6%
-$113.7M-3.6%
-$109.8M-16.3%
-$94.3M-3.3%
-$91.4M-114.6%
-$42.6M-756.9%
$6.5M
Capital Expenditures
N/A
$0-100.0%
$75K+1400.0%
$5K-99.6%
$1.3M-46.4%
$2.4M-35.8%
$3.7M-82.9%
$21.8M-12.5%
$24.9M+1173.7%
$2.0M
Free Cash Flow
N/A
-$33.5M+50.5%
-$67.8M-262.9%
-$18.7M+83.7%
-$114.9M-2.5%
-$112.1M-14.4%
-$98.1M+13.4%
-$113.2M-67.7%
-$67.5M-1593.1%
$4.5M
Investing Cash Flow
$7.0M
$7.0M-64.9%
$19.9M+398600.0%
-$5K-100.0%
$36.7M+172.3%
-$50.8M-124.8%
$204.9M+495.6%
-$51.8M+57.5%
-$121.8M-49.4%
-$81.5M
Financing Cash Flow
$64.3M
-$3.1M-103.3%
$95.1M+23333.0%
$406K-31.9%
$596K-98.9%
$52.2M-1.7%
$53.1M-66.4%
$158.2M+4.8%
$151.0M+31.0%
$115.2M
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Operating Cash Flow
-$3.1M+51.5%
-$6.3M-2.6%
-$6.2M-46.1%
-$4.2M+60.3%
-$10.7M+14.7%
-$12.5M-9.2%
-$11.4M+41.5%
-$19.5M
Capital Expenditures
N/A
N/A
$0
$0
N/A
N/A
$2K-96.6%
$58K
Free Cash Flow
N/A
N/A
-$6.2M-46.1%
-$4.2M
N/A
N/A
-$11.4M+41.6%
-$19.6M
Investing Cash Flow
$0
$0-100.0%
$7.0M
$0
$0
$0+100.0%
-$2K-100.0%
$9.9M
Financing Cash Flow
$58.6M+566.1%
$8.8M+663.2%
-$1.6M+0.1%
-$1.6M
N/A
N/A
$317K-68.2%
$997K
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
FIXX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
FIXX annual financial ratios
FIXX quarterly financial ratios
Metric
FY25
FY24
FY23
FY22
FY21
FY20
FY19
FY18
FY17
Operating Margin
31.4%
N/A
-4174.3%
-4154.6%
-282.4%
-4821.0%
-6599.2%
-1126.0%
N/A
Net Margin
55.5%
N/A
-4645.3%
-156.0%
-281.9%
-4762.9%
-6237.4%
-1044.3%
N/A
Return on Equity
70.9%+911.5pp
-840.5%
N/A
N/A
-56.5%+9.2pp
-65.7%-25.5pp
-40.2%-11.9pp
-28.3%
N/A
Return on Assets
48.2%+99.9pp
-51.7%+62.5pp
-114.1%-111.9pp
-2.2%+43.0pp
-45.2%+3.6pp
-48.8%-15.3pp
-33.5%-12.0pp
-21.4%+0.4pp
-21.8%
Current Ratio
4.85-0.1x
4.97+2.9x
2.04-6.0x
8.02-3.1x
11.14+1.5x
9.69-11.9x
21.54+11.7x
9.84-5.0x
14.85
Debt-to-Equity
0.47-14.8x
15.27
N/A
N/A
0.25-0.1x
0.35+0.1x
0.20-0.1x
0.32
N/A
FCF Margin
-62.4%
N/A
-1616.1%
-3583.1%
-330.1%
-3629.4%
-6794.2%
-1268.3%
N/A
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Return on Equity
-8.5%+8.0pp
-16.4%
N/A
N/A
N/A
N/A
N/A
-96.2%
Return on Assets
-7.7%+4.2pp
-11.9%
N/A
-12.8%+1.6pp
-14.3%-0.4pp
-14.0%
N/A
-16.8%
Current Ratio
20.30+14.9x
5.36+0.5x
4.85+0.3x
4.57-0.5x
5.06+0.3x
4.71-0.3x
4.97-1.6x
6.53
Debt-to-Equity
0.09-0.3x
0.37-0.1x
0.47
N/A
N/A
N/A
15.27+10.6x
4.71
Not reported in any period shown, so not listed: Gross Margin.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.
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.
What is Leverage Shares 2X Long FIX Daily ETF's annual revenue?
Leverage Shares 2X Long FIX Daily ETF (FIXX) reported $53.7M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Leverage Shares 2X Long FIX Daily ETF profitable?
Yes, Leverage Shares 2X Long FIX Daily ETF (FIXX) reported a net income of $29.8M in fiscal year 2025, with a net profit margin of 55.5%.
What is Leverage Shares 2X Long FIX Daily ETF's earnings per share (EPS)?
Leverage Shares 2X Long FIX Daily ETF (FIXX) reported diluted earnings per share of $2.42 for fiscal year 2025. 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.
What is Leverage Shares 2X Long FIX Daily ETF's EBITDA?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had EBITDA of $17.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Leverage Shares 2X Long FIX Daily ETF's operating margin?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had an operating margin of 31.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Leverage Shares 2X Long FIX Daily ETF's net profit margin?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had a net profit margin of 55.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Leverage Shares 2X Long FIX Daily ETF's return on equity (ROE)?
Leverage Shares 2X Long FIX Daily ETF (FIXX) has a return on equity of 70.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Leverage Shares 2X Long FIX Daily ETF's free cash flow?
Leverage Shares 2X Long FIX Daily ETF (FIXX) recorded an outflow of $33.5M in free cash flow during fiscal year 2025. This represents a 50.5% 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 Leverage Shares 2X Long FIX Daily ETF's operating cash flow?
Leverage Shares 2X Long FIX Daily ETF (FIXX) recorded an outflow of $33.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Leverage Shares 2X Long FIX Daily ETF's total assets?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had $61.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Leverage Shares 2X Long FIX Daily ETF's capital expenditures?
Leverage Shares 2X Long FIX Daily ETF (FIXX) reported no capital expenditure during fiscal year 2025.
How much does Leverage Shares 2X Long FIX Daily ETF spend on research and development?
Leverage Shares 2X Long FIX Daily ETF (FIXX) invested $19.2M in research and development during fiscal year 2025.
How many shares does Leverage Shares 2X Long FIX Daily ETF have outstanding?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had 15M shares outstanding as of fiscal year 2025.
What is Leverage Shares 2X Long FIX Daily ETF's current ratio?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had a current ratio of 4.85 as of fiscal year 2025, which is generally considered healthy.
What is Leverage Shares 2X Long FIX Daily ETF's debt-to-equity ratio?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had a debt-to-equity ratio of 0.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Leverage Shares 2X Long FIX Daily ETF's return on assets (ROA)?
Leverage Shares 2X Long FIX Daily ETF (FIXX) had a return on assets of 48.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Leverage Shares 2X Long FIX Daily ETF's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Leverage Shares 2X Long FIX Daily ETF (FIXX) held $48.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $33.5M over that year. Dividing the one by the other, the reported balance equals about 17 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.
What is Leverage Shares 2X Long FIX Daily ETF's Piotroski F-Score?
Leverage Shares 2X Long FIX Daily ETF (FIXX) has a Piotroski F-Score of 3 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 Leverage Shares 2X Long FIX Daily ETF's earnings high quality?
For every $1 of reported earnings, Leverage Shares 2X Long FIX Daily ETF (FIXX) used $1.13 of operating cash (-$33.5M OCF vs $29.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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 Leverage Shares 2X Long FIX Daily ETF cover its interest payments?
Leverage Shares 2X Long FIX Daily ETF (FIXX) has an interest coverage ratio of 16.02x, meaning it can comfortably 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.
