FinTrade Sherpa Inc Financials

FTSP

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows FinTrade Sherpa Inc (FTSP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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

Piotroski F-Score Weak

1/9

FinTrade Sherpa Inc passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.87x

For every $1 of reported earnings, FinTrade Sherpa Inc generates $0.87 in operating cash flow (-$69K OCF vs -$79K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$79K

YoY-25.6%

FinTrade Sherpa Inc reported -$79K in net income in fiscal year 2024. This represents a decrease of 25.6% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$1K

YoY-52.5%

5Y CAGR-35.5%

10Y CAGR-14.1%

FinTrade Sherpa Inc held $1K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

FTSP Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	N/A	N/A	N/A	$0	$0
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$11K+336.3%	$3K-62.6%	$7K-5.9%	$7K-28.3%	$10K-33.0%	$16K
Operating Income	N/A	-$63K+59.5%	-$156K+49.7%	-$309K+13.0%	-$356K-53.5%	-$232K
Interest Expense	N/A	N/A	$468-99.4%	$73K-12.7%	$84K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$79K-25.6%	-$63K-103.1%	$2.0M+179.0%	-$2.6M-420.5%	-$494K-66.3%	-$297K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$123K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	-$1K-382.1%	$391+283.3%	$102	N/A	-$6K-846.8%	-$647+81.3%	-$3K	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	-$9K	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$149K-297.1%	-$37K+75.5%	-$153K	N/A	-$12K+8.3%	-$13K-50.9%	-$9K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

FTSP Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1K-52.5%	$2K+179.2%	$886-85.9%	$6K-97.5%	$247K+1.7%	$243K
Current Assets	$1K-52.5%	$2K+179.2%	$886-85.9%	$6K-62.1%	$17K+31.9%	$13K
Cash & Equivalents	$1K-52.5%	$2K+179.2%	$886-85.3%	$6K-52.5%	$13K+20.4%	$10K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$170K+84.6%	$92K+235.5%	$27K-88.2%	$232K-89.0%	$2.1M+30.7%	$1.6M
Current Liabilities	$170K+84.6%	$92K+235.5%	$27K-88.2%	$232K-89.0%	$2.1M+30.7%	$1.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$169K-88.4%	-$89K-237.4%	-$27K+88.2%	-$226K+87.9%	-$1.9M-35.8%	-$1.4M
Retained Earnings	-$4.4M-1.8%	-$4.3M-1.5%	-$4.3M-5.3%	-$4.0M-15.8%	-$3.5M-16.4%	-$3.0M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$3K+33.1%	$2K+141.5%	$800-31.9%	$1K	N/A	$4K+105.9%	$2K-23.3%	$2K
Current Assets	$3K+33.1%	$2K+141.5%	$800-31.9%	$1K-67.1%	$4K-8.5%	$4K+105.9%	$2K-23.3%	$2K
Cash & Equivalents	$3K+33.1%	$2K+141.5%	$800-31.9%	$1K-67.1%	$4K-8.5%	$4K+105.9%	$2K-23.3%	$2K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$121K-29.6%	$171K+12.2%	$153K-10.0%	$170K	N/A	$116K+15.7%	$100K+9.0%	$92K
Current Liabilities	$121K-29.6%	$171K+12.2%	$153K-10.0%	$170K+33.0%	$128K+10.1%	$116K+15.7%	$100K+9.0%	$92K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$118K+30.3%	-$169K-11.5%	-$152K+9.8%	-$169K-35.9%	-$124K-11.0%	-$112K-13.6%	-$98K-9.9%	-$89K
Retained Earnings	-$4.7M-3.2%	-$4.6M-0.8%	-$4.6M-3.5%	-$4.4M0.0%	-$4.4M-1.3%	-$4.3M-0.3%	-$4.3M-0.2%	-$4.3M

FTSP Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$69K-24.2%	-$56K+45.4%	-$102K-34.4%	-$76K+40.5%	-$127K-27.0%	-$100K
Capital Expenditures	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
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$68K+18.5%	$57K-40.8%	$96K+39.9%	$69K-46.6%	$129K+24.2%	$104K
Dividends Paid	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

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$199K-718.7%	-$24K+50.8%	-$49K-95.3%	-$25K-264.1%	-$7K+78.7%	-$33K-675.5%	-$4K+69.0%	-$14K
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$199K+684.7%	$25K-48.1%	$49K+114.1%	$23K+246.1%	$7K-80.9%	$35K+854.2%	$4K-67.5%	$11K
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

FTSP Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-6727.8%-4183.8pp	-2544.1%-231768.8pp	229224.7%+270128.6pp	-40903.9%-40703.8pp	-200.1%-77.8pp	-122.3%
Current Ratio	0.01-0.0	0.030.0	0.030.0	0.03+0.0	0.010.0	0.01
Debt-to-Equity	-1.01+0.0	-1.030.0	-1.030.0	-1.03+0.1	-1.13+0.0	-1.18
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-5780.8%-3843.0pp	-1937.8%+17201.2pp	-19139.0%	N/A	N/A	-342.7%+124.8pp	-467.5%	N/A
Current Ratio	0.02+0.0	0.010.0	0.010.0	0.01-0.0	0.030.0	0.03+0.0	0.020.0	0.03
Debt-to-Equity	-1.02-0.0	-1.010.0	-1.010.0	-1.01	N/A	-1.04-0.0	-1.020.0	-1.03
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$169K), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Is FinTrade Sherpa Inc profitable?

No, FinTrade Sherpa Inc (FTSP) reported a net income of -$79K in fiscal year 2024.

What is FinTrade Sherpa Inc's operating cash flow?

FinTrade Sherpa Inc (FTSP) generated -$69K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are FinTrade Sherpa Inc's total assets?

FinTrade Sherpa Inc (FTSP) had $1K in total assets as of fiscal year 2024, including both current and long-term assets.

What is FinTrade Sherpa Inc's current ratio?

FinTrade Sherpa Inc (FTSP) had a current ratio of 0.01 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is FinTrade Sherpa Inc's debt-to-equity ratio?

FinTrade Sherpa Inc (FTSP) had a debt-to-equity ratio of -1.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is FinTrade Sherpa Inc's return on assets (ROA)?

FinTrade Sherpa Inc (FTSP) had a return on assets of -6727.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is FinTrade Sherpa Inc's cash runway?

Based on fiscal year 2024 data, FinTrade Sherpa Inc (FTSP) had $1K in cash against an annual operating cash burn of $69K. 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.

Why is FinTrade Sherpa Inc's debt-to-equity ratio negative or unusual?

FinTrade Sherpa Inc (FTSP) has negative shareholder equity of -$169K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. 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 FinTrade Sherpa Inc's Piotroski F-Score?

FinTrade Sherpa Inc (FTSP) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are FinTrade Sherpa Inc's earnings high quality?

FinTrade Sherpa Inc (FTSP) has an earnings quality ratio of 0.87x, 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.