Kandal M Venture Limited Financials
Kandal M Venture Limited (FMFC) reported $17.2M in revenue for fiscal year 2025, up 23.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Cash generation outpaces reported profit, but the business runs on thin liquidity and liability-heavy working capital rather than balance-sheet cushion.
From FY2024 to FY2025, revenue rose to$17.2M while net margin fell from8.0% to1.2% , yet operating cash flow only eased from$3.1M to$2.1M . Because capital spending was just$17K , free cash flow stayed close to operating cash flow, pointing to a low-reinvestment model where the earnings slowdown hit accounting profit harder than cash generation.
The more important financing story is not debt but dependence on short-term liabilities: FY2025 long-term debt was only
Retained earnings repair is visible across the three years: equity moved from
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 Kandal M Venture Limited'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.
Not available for Kandal M Venture Limited, and counted as zero in the overall score.
Kandal M Venture Limited's revenue surged 23.0% year-over-year to $17.2M, reflecting rapid business expansion. This strong growth earns a score of 71/100.
Kandal M Venture Limited carries a low D/E ratio of 0.23, meaning only $0.23 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 72/100, indicating a strong balance sheet with room for future borrowing.
Kandal M Venture Limited's current ratio of 0.98 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Kandal M Venture Limited converts 12.3% of revenue into free cash flow ($2.1M). This strong cash generation earns a score of 81/100.
Not available for Kandal M Venture Limited, and counted as zero in the overall score.
Kandal M Venture Limited passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Kandal M Venture Limited generates $10.18 in operating cash flow ($2.1M OCF vs $210K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Kandal M Venture Limited generated $17.2M in revenue in fiscal year 2025. This represents an increase of 23.0% from the prior year.
Kandal M Venture Limited reported $210K in net income in fiscal year 2025. This represents a decrease of 81.3% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Kandal M Venture Limited generated $2.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 32.0% from the prior year.
Kandal M Venture Limited held $103K in cash against $88K in long-term debt as of fiscal year 2025, with $9.6M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Kandal M Venture Limited's net profit margin was 1.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.8 percentage points from the prior year.
Kandal M Venture Limited's ROE was 55.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 609.2 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Kandal M Venture Limited invested $17K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 27.3% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
FMFC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Revenue | $17.2M+23.0% | $14.0M+3.7% | $13.5M |
| Interest Expense | $17K-25.5% | $22K-19.0% | $28K |
| Income Tax | $19K-89.2% | $178K+60.7% | $111K |
| Net Income | $210K-81.3% | $1.1M+50.4% | $744K |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
FMFC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Assets | $10.1M-1.1% | $10.2M | N/A |
| Current Assets | $9.4M+1.3% | $9.3M | N/A |
| Cash & Equivalents | $103K-56.4% | $235K-34.9% | $361K |
| Inventory | $1.6M-8.7% | $1.8M | N/A |
| Accounts Receivable | $1.5M+58.5% | $945K | N/A |
| Total Liabilities | $9.7M-3.2% | $10.0M | N/A |
| Current Liabilities | $9.6M+75.2% | $5.5M | N/A |
| Long-Term Debt | $88K-48.0% | $169K | N/A |
| Total Equity | $378K+124.5% | $168K+117.7% | -$951K |
| Retained Earnings | $2.9M+7.9% | $2.7M | N/A |
Not reported in any period shown, so not listed: Goodwill.
FMFC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Operating Cash Flow | $2.1M-32.0% | $3.1M+44.3% | $2.2M |
| Capital Expenditures | $17K-27.3% | $23K+130.2% | $10K |
| Free Cash Flow | $2.1M-32.0% | $3.1M+43.9% | $2.2M |
| Investing Cash Flow | -$582K-129.4% | -$254K-2441.0% | -$10K |
| Financing Cash Flow | -$1.7M+44.0% | -$3.0M-56.9% | -$1.9M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FMFC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Net Margin | 1.2%-6.8pp | 8.0%+2.5pp | 5.5% |
| Return on Equity | 55.5%-609.2pp | 664.7% | N/A |
| Return on Assets | 2.1%-8.9pp | 11.0% | N/A |
| Current Ratio | 0.98-0.7x | 1.69 | N/A |
| Debt-to-Equity | 0.23-0.8x | 1.00 | N/A |
| FCF Margin | 12.3%-10.0pp | 22.3%+6.2pp | 16.1% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Note: The current ratio is below 1.0 (0.98), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Kandal M Venture Limited Ranks
Frequently Asked Questions
What is Kandal M Venture Limited's annual revenue?
Kandal M Venture Limited (FMFC) reported $17.2M in total revenue for fiscal year 2025. This represents a 23.0% 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 Kandal M Venture Limited's revenue growing?
Kandal M Venture Limited (FMFC) revenue grew by 23.0% year-over-year, from $14.0M to $17.2M in fiscal year 2025.
Is Kandal M Venture Limited profitable?
Yes, Kandal M Venture Limited (FMFC) reported a net income of $210K in fiscal year 2025, with a net profit margin of 1.2%.
How much debt does Kandal M Venture Limited have?
As of fiscal year 2025, Kandal M Venture Limited (FMFC) had $103K in cash and equivalents against $88K in long-term debt.
What is Kandal M Venture Limited's net profit margin?
Kandal M Venture Limited (FMFC) had a net profit margin of 1.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Kandal M Venture Limited's return on equity (ROE)?
Kandal M Venture Limited (FMFC) has a return on equity of 55.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Kandal M Venture Limited's free cash flow?
Kandal M Venture Limited (FMFC) generated $2.1M in free cash flow during fiscal year 2025. This represents a -32.0% 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 Kandal M Venture Limited's operating cash flow?
Kandal M Venture Limited (FMFC) generated $2.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Kandal M Venture Limited's total assets?
Kandal M Venture Limited (FMFC) had $10.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Kandal M Venture Limited's capital expenditures?
Kandal M Venture Limited (FMFC) invested $17K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Kandal M Venture Limited's current ratio?
Kandal M Venture Limited (FMFC) had a current ratio of 0.98 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Kandal M Venture Limited's debt-to-equity ratio?
Kandal M Venture Limited (FMFC) had a debt-to-equity ratio of 0.23 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kandal M Venture Limited's return on assets (ROA)?
Kandal M Venture Limited (FMFC) had a return on assets of 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Kandal M Venture Limited's Piotroski F-Score?
Kandal M Venture Limited (FMFC) has a Piotroski F-Score of 5 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 Kandal M Venture Limited's earnings high quality?
Kandal M Venture Limited (FMFC) has an earnings quality ratio of 10.18x, considered cash-backed (high quality). 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 Kandal M Venture Limited?
Kandal M Venture Limited (FMFC) scores 40 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.