FOXO TECHNOLOGIES Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
FOXO TECHNOLOGIES has an operating margin of -191.6%, meaning the company retains $-192 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 -15271.2% the prior year.
FOXO TECHNOLOGIES's revenue surged 2688.6% year-over-year to $4.1M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
FOXO TECHNOLOGIES has elevated debt relative to equity (D/E of 6.84), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
FOXO TECHNOLOGIES's current ratio of 0.09 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
FOXO TECHNOLOGIES passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, FOXO TECHNOLOGIES generates $0.23 in operating cash flow (-$2.8M OCF vs -$12.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
FOXO TECHNOLOGIES earns $-2.0 in operating income for every $1 of interest expense (-$7.8M vs $3.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows FOXO TECHNOLOGIES (FOXO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Key Financial Metrics
FOXO TECHNOLOGIES generated $4.1M in revenue in fiscal year 2024. This represents an increase of 2688.6% from the prior year.
FOXO TECHNOLOGIES's EBITDA was -$6.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 68.8% from the prior year.
FOXO TECHNOLOGIES reported -$12.4M in net income in fiscal year 2024. This represents an increase of 53.1% from the prior year.
FOXO TECHNOLOGIES held $68K in cash against $0 in long-term debt as of fiscal year 2024.
FOXO TECHNOLOGIES had 17M shares outstanding in fiscal year 2024. This represents an increase of 95.4% from the prior year.
FOXO TECHNOLOGIES's operating margin was -191.6% in fiscal year 2024, reflecting core business profitability. This is up 15079.6 percentage points from the prior year.
FOXO TECHNOLOGIES's net profit margin was -306.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 17899.0 percentage points from the prior year.
FOXO TECHNOLOGIES invested $312K in research and development in fiscal year 2024. This represents a decrease of 65.3% from the prior year.
FOXO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M-32.0% | $5.2M+64.6% | $3.2M+12.4% | $2.8M+10165.7% | $27K+282.6% | $7K-93.5% | $110K+1002.9% | $10K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | $37K-47.1% | $70K |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | $73K+221.7% | -$60K |
| R&D Expenses | $77K+91.9% | $40K+33.9% | $30K | $0-100.0% | $103K-37.7% | $165K+773.0% | -$25K-108.7% | $283K |
| SG&A Expenses | $2.5M-5.4% | $2.6M-5.3% | $2.8M-8.8% | $3.0M+105.5% | $1.5M+49.2% | $988K-77.3% | $4.3M-7.8% | $4.7M |
| Operating Income | -$860K-251.6% | $567K+136.7% | -$1.5M+61.2% | -$4.0M-150.9% | -$1.6M-34.9% | -$1.2M+68.0% | -$3.7M-5.0% | -$3.5M |
| Interest Expense | $934K-7.4% | $1.0M+13.4% | $890K-62.5% | $2.4M+338.0% | $541K+1188.6% | $42K-78.9% | $199K+34.2% | $148K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.9M-259.4% | -$522K+15.3% | -$616K+90.9% | -$6.8M-214.1% | -$2.2M-43.8% | -$1.5M+61.0% | -$3.9M-5.4% | -$3.7M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FOXO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $52.1M+4.1% | $50.0M+6.4% | $47.0M+12.7% | $41.7M+503.9% | $6.9M+130.7% | $3.0M+312.6% | $726K-76.8% | $3.1M |
| Current Assets | $4.2M-26.0% | $5.6M+76.2% | $3.2M+10.9% | $2.9M+489.2% | $489K+86.6% | $262K+12.1% | $234K-91.0% | $2.6M |
| Cash & Equivalents | $629K+95.3% | $322K+1803.3% | $17K-75.2% | $68K+106.9% | $33K+1000.0% | $3K-92.1% | $38K-9.2% | $42K |
| Inventory | $8K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $3.2M-35.8% | $4.9M+85.4% | $2.7M+16.9% | $2.3M+722.8% | $276K | N/A | N/A | N/A |
| Goodwill | $34.8M+11.3% | $31.3M+2.3% | $30.6M+20.2% | $25.5M+974.9% | $2.4M | N/A | N/A | N/A |
| Total Liabilities | $32.0M-12.1% | $36.3M-2.7% | $37.4M+2.5% | $36.4M+57.9% | $23.1M+28.7% | $17.9M+20.9% | $14.8M+4.2% | $14.2M |
| Current Liabilities | $28.6M-12.9% | $32.9M-2.6% | $33.8M+3.2% | $32.7M+53.6% | $21.3M+24.8% | $17.1M+19.1% | $14.3M+6.1% | $13.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $20.2M+47.0% | $13.7M+41.5% | $9.7M+82.4% | $5.3M+133.0% | -$16.1M-8.0% | -$14.9M-5.9% | -$14.1M-27.0% | -$11.1M |
| Retained Earnings | -$206.3M-7.4% | -$192.1M-0.4% | -$191.3M-0.4% | -$190.5M-4.9% | -$181.7M-1.4% | -$179.2M-1.2% | -$177.1M-2.2% | -$173.2M |
FOXO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$45K+98.1% | -$2.4M-77.8% | -$1.3M+27.5% | -$1.8M-58.4% | -$1.2M-186.8% | -$406K+15.4% | -$480K+44.5% | -$865K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$622K | N/A | N/A | -$336-100.0% | $1.9M+187.8% | -$2.1M | N/A | N/A |
| Financing Cash Flow | $974K-63.9% | $2.7M+109.8% | $1.3M-31.6% | $1.9M+29.3% | $1.5M+292.3% | $371K-22.0% | $476K | N/A |
| 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 |
FOXO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | 66.2%+666.2pp | -600.0% |
| Operating Margin | -24.2%-35.1pp | 10.9%+59.7pp | -48.8%+92.6pp | -141.4%+5644.3pp | -5785.7%+10630.3pp | -16416.0%-13076.1pp | -3339.9%+31730.1pp | -35070.0% |
| Net Margin | -52.9%-42.9pp | -10.0%+9.4pp | -19.4%+221.4pp | -240.9%+7631.9pp | -7872.7%+13074.2pp | -20946.9%-17448.4pp | -3498.5%+33101.5pp | -36600.0% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -3.6%-2.6pp | -1.0%+0.3pp | -1.3%+15.0pp | -16.3%+15.0pp | -31.3%+18.9pp | -50.2%+481.5pp | -531.7%-414.8pp | -116.9% |
| Current Ratio | 0.15-0.0 | 0.17+0.1 | 0.090.0 | 0.09+0.1 | 0.020.0 | 0.020.0 | 0.02-0.2 | 0.19 |
| Debt-to-Equity | 1.58-1.1 | 2.65-1.2 | 3.85-3.0 | 6.84+8.3 | -1.43-0.2 | -1.20-0.1 | -1.05+0.2 | -1.28 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is FOXO TECHNOLOGIES's annual revenue?
FOXO TECHNOLOGIES (FOXO) reported $4.1M in total revenue for fiscal year 2024. This represents a 2688.6% 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 FOXO TECHNOLOGIES's revenue growing?
FOXO TECHNOLOGIES (FOXO) revenue grew by 2688.6% year-over-year, from $145K to $4.1M in fiscal year 2024.
Is FOXO TECHNOLOGIES profitable?
No, FOXO TECHNOLOGIES (FOXO) reported a net income of -$12.4M in fiscal year 2024, with a net profit margin of -306.2%.
What is FOXO TECHNOLOGIES's EBITDA?
FOXO TECHNOLOGIES (FOXO) had EBITDA of -$6.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is FOXO TECHNOLOGIES's operating margin?
FOXO TECHNOLOGIES (FOXO) had an operating margin of -191.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is FOXO TECHNOLOGIES's net profit margin?
FOXO TECHNOLOGIES (FOXO) had a net profit margin of -306.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is FOXO TECHNOLOGIES's operating cash flow?
FOXO TECHNOLOGIES (FOXO) generated -$2.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are FOXO TECHNOLOGIES's total assets?
FOXO TECHNOLOGIES (FOXO) had $41.7M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does FOXO TECHNOLOGIES spend on research and development?
FOXO TECHNOLOGIES (FOXO) invested $312K in research and development during fiscal year 2024.
How many shares does FOXO TECHNOLOGIES have outstanding?
FOXO TECHNOLOGIES (FOXO) had 17M shares outstanding as of fiscal year 2024.
What is FOXO TECHNOLOGIES's current ratio?
FOXO TECHNOLOGIES (FOXO) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is FOXO TECHNOLOGIES's debt-to-equity ratio?
FOXO TECHNOLOGIES (FOXO) had a debt-to-equity ratio of 6.84 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is FOXO TECHNOLOGIES's return on assets (ROA)?
FOXO TECHNOLOGIES (FOXO) had a return on assets of -29.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is FOXO TECHNOLOGIES's cash runway?
Based on fiscal year 2024 data, FOXO TECHNOLOGIES (FOXO) had $68K in cash against an annual operating cash burn of $2.8M. This gives an estimated cash runway of approximately 0 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 FOXO TECHNOLOGIES's Piotroski F-Score?
FOXO TECHNOLOGIES (FOXO) 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 FOXO TECHNOLOGIES's earnings high quality?
FOXO TECHNOLOGIES (FOXO) has an earnings quality ratio of 0.23x, 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 FOXO TECHNOLOGIES cover its interest payments?
FOXO TECHNOLOGIES (FOXO) has an interest coverage ratio of -2.0x, 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 FOXO TECHNOLOGIES?
FOXO TECHNOLOGIES (FOXO) scores 25 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.