Helio Corp Financials
This page shows Helio Corp (HLEO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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
Helio Corp passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Helio Corp generates $0.51 in operating cash flow (-$2.1M OCF vs -$4.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Helio Corp earns $-466.2 in operating income for every $1 of interest expense (-$3.7M vs $8K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Helio Corp generated $3.9M in revenue in fiscal year 2025. This represents a decrease of 43.8% from the prior year.
Helio Corp's EBITDA was -$3.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 120.9% from the prior year.
Helio Corp reported -$4.0M in net income in fiscal year 2025. This represents a decrease of 116.4% from the prior year.
Helio Corp earned $-0.36 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 111.8% from the prior year.
Cash & Balance Sheet
Helio Corp held $7K in cash against $0 in long-term debt as of fiscal year 2025.
Helio Corp had 11M shares outstanding in fiscal year 2025. This represents an increase of 1.0% from the prior year.
Margins & Returns
Helio Corp's gross margin was 23.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 15.9 percentage points from the prior year.
Helio Corp's operating margin was -95.4% in fiscal year 2025, reflecting core business profitability. This is down 70.1 percentage points from the prior year.
Helio Corp's net profit margin was -104.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 77.0 percentage points from the prior year.
Capital Allocation
Helio Corp invested $215K in research and development in fiscal year 2025. This represents a decrease of 33.9% from the prior year.
HLEO Income Statement
| Metric | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $442K-10.1% | $491K-37.4% | $785K-33.1% | $1.2M-17.9% | $1.4M-8.2% | $1.6M-6.6% | $1.7M+0.4% | $1.7M |
| Cost of Revenue | $245K-9.9% | $272K-60.4% | $686K-29.8% | $978K-3.8% | $1.0M+33.1% | $764K-30.8% | $1.1M+4.2% | $1.1M |
| Gross Profit | $251K+14.1% | $220K+123.3% | $98K-49.4% | $194K-52.7% | $411K-48.1% | $791K+41.1% | $561K-6.4% | $599K |
| R&D Expenses | $10K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.6M+355.7% | $569K-6.4% | $608K-30.6% | $876K-0.6% | $881K+78.8% | $493K-1.9% | $502K-48.7% | $979K |
| Operating Income | -$2.7M-164.7% | -$1.0M-12.1% | -$902K+2.0% | -$921K-6.4% | -$865K-100.8% | -$431K-23.0% | -$350K+52.1% | -$732K |
| Interest Expense | $6K+112.8% | -$47K-8464.3% | $5610.0% | $561-99.0% | $54K+59.8% | $34K+37.6% | $24K+13.1% | $22K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$3.7M-225.9% | -$1.1M-20.5% | -$951K+6.3% | -$1.0M-10.4% | -$919K-86.5% | -$493K-31.5% | -$375K+50.3% | -$753K |
| EPS (Diluted) | $-0.21 | N/A | $-0.08+11.1% | $-0.09-12.5% | $-0.08 | N/A | $-0.03+57.1% | $-0.07 |
HLEO Balance Sheet
| Metric | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1M-12.6% | $1.3M-20.8% | $1.7M-22.1% | $2.1M-13.1% | $2.4M-28.5% | $3.4M | N/A | N/A |
| Current Assets | $522K-12.8% | $599K-29.0% | $844K-30.0% | $1.2M-15.0% | $1.4M-37.9% | $2.3M | N/A | N/A |
| Cash & Equivalents | $282K+3761.2% | $7K-83.4% | $44K+179.8% | $16K-84.3% | $100K-81.9% | $552K+65.4% | $334K-56.0% | $759K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $182K-62.7% | $489K-18.6% | $601K-40.4% | $1.0M-12.5% | $1.2M-17.0% | $1.4M | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.0M-6.3% | $5.4M+7.1% | $5.0M+9.7% | $4.6M+16.7% | $3.9M-2.5% | $4.0M | N/A | N/A |
| Current Liabilities | $4.8M+6.0% | $4.5M+22.1% | $3.7M+11.7% | $3.3M+4.3% | $3.2M+52.8% | $2.1M | N/A | N/A |
| Long-Term Debt | $558K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$3.9M+4.3% | -$4.1M-20.8% | -$3.4M-37.2% | -$2.4M-66.0% | -$1.5M-144.9% | -$602K-209.5% | -$195K-257.5% | $124K |
| Retained Earnings | -$8.7M-75.1% | -$5.0M-29.9% | -$3.8M-33.1% | -$2.9M-54.5% | -$1.9M-97.6% | -$942K | N/A | N/A |
HLEO Cash Flow Statement
| Metric | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$291K+43.6% | -$515K-59.3% | -$323K+55.4% | -$725K-44.4% | -$502K-82.3% | -$275K+68.2% | -$865K-121.0% | -$391K |
| 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 | $565K+18.1% | $479K+36.1% | $352K-45.1% | $640K+1180.9% | $50K-89.9% | $493K+12.2% | $440K-16.9% | $529K |
| 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 |
HLEO Financial Ratios
| Metric | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.8%+12.1pp | 44.7%+32.2pp | 12.5%-4.0pp | 16.6%-12.2pp | 28.8%-22.1pp | 50.9%+17.2pp | 33.7%-2.5pp | 36.1% |
| Operating Margin | -605.9%-400.2pp | -205.7%-90.8pp | -115.0%-36.4pp | -78.5%-17.9pp | -60.6%-32.9pp | -27.7%-6.7pp | -21.1%+23.1pp | -44.1% |
| Net Margin | -845.5%-612.4pp | -233.1%-112.0pp | -121.2%-34.6pp | -86.6%-22.2pp | -64.4%-32.7pp | -31.7%-9.2pp | -22.5%+22.9pp | -45.4% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -609.9% |
| Return on Assets | -327.0%-239.3pp | -87.7%-30.1pp | -57.6%-9.7pp | -47.9%-10.2pp | -37.7%-23.3pp | -14.5% | N/A | N/A |
| Current Ratio | 0.11-0.0 | 0.13-0.1 | 0.23-0.1 | 0.37-0.1 | 0.45-0.7 | 1.10 | N/A | N/A |
| Debt-to-Equity | -0.14+1.2 | -1.32+0.2 | -1.49+0.4 | -1.87+0.8 | -2.65+4.0 | -6.66 | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$4.1M), 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 (0.13), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Helio Corp's annual revenue?
Helio Corp (HLEO) reported $3.9M in total revenue for fiscal year 2025. This represents a -43.8% 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 Helio Corp's revenue growing?
Helio Corp (HLEO) revenue declined by 43.8% year-over-year, from $6.9M to $3.9M in fiscal year 2025.
Is Helio Corp profitable?
No, Helio Corp (HLEO) reported a net income of -$4.0M in fiscal year 2025, with a net profit margin of -104.0%.
What is Helio Corp's EBITDA?
Helio Corp (HLEO) had EBITDA of -$3.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Helio Corp's gross margin?
Helio Corp (HLEO) had a gross margin of 23.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Helio Corp's operating margin?
Helio Corp (HLEO) had an operating margin of -95.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Helio Corp's net profit margin?
Helio Corp (HLEO) had a net profit margin of -104.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Helio Corp's operating cash flow?
Helio Corp (HLEO) generated -$2.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Helio Corp's total assets?
Helio Corp (HLEO) had $1.3M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Helio Corp spend on research and development?
Helio Corp (HLEO) invested $215K in research and development during fiscal year 2025.
What is Helio Corp's current ratio?
Helio Corp (HLEO) had a current ratio of 0.13 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Helio Corp's debt-to-equity ratio?
Helio Corp (HLEO) had a debt-to-equity ratio of -1.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Helio Corp's return on assets (ROA)?
Helio Corp (HLEO) had a return on assets of -308.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Helio Corp's cash runway?
Based on fiscal year 2025 data, Helio Corp (HLEO) had $7K in cash against an annual operating cash burn of $2.1M. 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 Helio Corp's debt-to-equity ratio negative or unusual?
Helio Corp (HLEO) has negative shareholder equity of -$4.1M as of fiscal year 2025, 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 Helio Corp's Piotroski F-Score?
Helio Corp (HLEO) has a Piotroski F-Score of 2 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 Helio Corp's earnings high quality?
Helio Corp (HLEO) has an earnings quality ratio of 0.51x, 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 Helio Corp cover its interest payments?
Helio Corp (HLEO) has an interest coverage ratio of -466.2x, 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.