What is INNEOVA HOLD's earnings per share (EPS)?

INNEOVA HOLD (INEO) reported diluted earnings per share of $0.16 for fiscal year 2024. This represents a -11.1% change compared to the previous fiscal year. 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.

INNEOVA HOLD Financials

INEO

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

This page shows INNEOVA HOLD (INEO) financial statements, including the 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).

Financial Health Signals

Financial Profile 36/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

INNEOVA HOLD has an operating margin of 1.3%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is down from 4.3% the prior year.

Growth

INNEOVA HOLD's revenue declined 2% year-over-year, from $59.5M to $58.3M. This contraction results in a growth score of 30/100.

Leverage

INNEOVA HOLD carries a low D/E ratio of 0.21, meaning only $0.21 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

INNEOVA HOLD's current ratio of 1.29 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 21/100, which could limit financial flexibility.

Cash Flow

INNEOVA HOLD has a free cash flow margin of 3.3%, earning a moderate score of 33/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

INNEOVA HOLD generates a 0.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is down from 53.4% the prior year.

Altman Z-Score Grey Zone

2.02

INNEOVA HOLD scores 2.02, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Neutral

5/9

INNEOVA HOLD passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

333.38x

For every $1 of reported earnings, INNEOVA HOLD generates $333.38 in operating cash flow ($2.7M OCF vs $8K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

0.6x

INNEOVA HOLD earns $0.6 in operating income for every $1 of interest expense ($784K vs $1.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$58.3M

YoY-2.0%

INNEOVA HOLD generated $58.3M in revenue in fiscal year 2024. This represents a decrease of 2.0% from the prior year.

EBITDA

$1.3M

YoY-57.6%

INNEOVA HOLD's EBITDA was $1.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 57.6% from the prior year.

Net Income

$8K

YoY-99.5%

INNEOVA HOLD reported $8K in net income in fiscal year 2024. This represents a decrease of 99.5% from the prior year.

EPS (Diluted)

$0.16

YoY-11.1%

INNEOVA HOLD earned $0.16 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 11.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.9M

YoY+63.3%

INNEOVA HOLD generated $1.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 63.3% from the prior year.

Cash & Debt

$1.7M

YoY+153.0%

INNEOVA HOLD held $1.7M in cash against $1.9M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

10M

YoY+9.7%

INNEOVA HOLD had 10M shares outstanding in fiscal year 2024. This represents an increase of 9.7% from the prior year.

Margins & Returns

Gross Margin

18.7%

YoY+0.4pp

INNEOVA HOLD's gross margin was 18.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.

Operating Margin

1.3%

YoY-2.9pp

INNEOVA HOLD's operating margin was 1.3% in fiscal year 2024, reflecting core business profitability. This is down 2.9 percentage points from the prior year.

Net Margin

0.0%

YoY-2.7pp

INNEOVA HOLD's net profit margin was 0.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.7 percentage points from the prior year.

Return on Equity

0.1%

YoY-53.3pp

INNEOVA HOLD's ROE was 0.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 53.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$774K

YoY+70.1%

INNEOVA HOLD invested $774K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 70.1% from the prior year.

INEO Income Statement

Metric	FY24	FY23	FY22
Revenue	$58.3M-2.0%	$59.5M+15.7%	$51.4M
Cost of Revenue	$47.4M-2.5%	$48.6M+15.3%	$42.2M
Gross Profit	$10.9M+0.1%	$10.9M+17.6%	$9.3M
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	$8.5M+22.3%	$7.0M+16.4%	$6.0M
Operating Income	$784K-69.0%	$2.5M+57.0%	$1.6M
Interest Expense	$1.3M+21.2%	$1.0M+62.9%	$634K
Income Tax	$109K-60.4%	$275K-15.4%	$325K
Net Income	$8K-99.5%	$1.6M+6.7%	$1.5M
EPS (Diluted)	$0.16-11.1%	$0.18+22400.0%	$0.00

Metric	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

INEO Balance Sheet

Metric	FY24	FY23	FY22
Total Assets	$39.6M+1.4%	$39.1M-3.2%	$40.3M
Current Assets	$36.8M-2.2%	$37.6M	N/A
Cash & Equivalents	$1.7M+153.0%	$690K	N/A
Inventory	$18.1M-4.5%	$19.0M	N/A
Accounts Receivable	$13.2M-9.6%	$14.6M	N/A
Goodwill	N/A	N/A	N/A
Total Liabilities	$30.7M-14.7%	$36.0M-7.6%	$39.0M
Current Liabilities	$28.6M-16.9%	$34.5M	N/A
Long-Term Debt	$1.9M+90.4%	$991K	N/A
Total Equity	$8.9M+190.9%	$3.1M+125.8%	$1.4M
Retained Earnings	$1.8M+0.4%	$1.8M	N/A

Metric	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Total Assets	$52.6M+32.8%	$39.6M0.0%	$39.6M+1.4%	$39.1M-3.2%	$40.3M
Current Assets	$42.5M+15.5%	$36.8M	N/A	$37.6M	N/A
Cash & Equivalents	$2.1M+22.5%	$1.7M+107.4%	$842K+22.0%	$690K	N/A
Inventory	$18.2M+0.5%	$18.1M	N/A	$19.0M	N/A
Accounts Receivable	$12.4M-5.8%	$13.2M	N/A	$14.6M	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$41.4M+34.8%	$30.7M-16.2%	$36.7M+1.8%	$36.0M-7.6%	$39.0M
Current Liabilities	$37.6M+31.4%	$28.6M	N/A	$34.5M	N/A
Long-Term Debt	$2.9M+53.9%	$1.9M	N/A	$991K	N/A
Total Equity	$11.2M+25.8%	$8.9M+199.9%	$3.0M-3.0%	$3.1M+125.8%	$1.4M
Retained Earnings	$2.1M+13.4%	$1.8M	N/A	$1.8M	N/A

INEO Cash Flow Statement

Metric	FY24	FY23	FY22
Operating Cash Flow	$2.7M+65.2%	$1.6M+178.5%	-$2.1M
Capital Expenditures	$774K+70.1%	$455K+60.8%	$283K
Free Cash Flow	$1.9M+63.3%	$1.2M+149.6%	-$2.3M
Investing Cash Flow	-$774K-70.1%	-$455K-60.8%	-$283K
Financing Cash Flow	-$568K+63.3%	-$1.5M-172.3%	$2.1M
Dividends Paid	N/A	N/A	$1.5M
Share Buybacks	N/A	N/A	N/A

Metric	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

INEO Financial Ratios

Metric	FY24	FY23	FY22
Gross Margin	18.7%+0.4pp	18.3%+0.3pp	18.0%
Operating Margin	1.3%-2.9pp	4.3%+1.1pp	3.1%
Net Margin	0.0%-2.7pp	2.7%-0.2pp	3.0%
Return on Equity	0.1%-53.3pp	53.4%-59.6pp	113.0%
Return on Assets	0.0%-4.2pp	4.2%+0.4pp	3.8%
Current Ratio	1.29+0.2	1.09	N/A
Debt-to-Equity	0.21-0.1	0.32-28.5	28.85
FCF Margin	3.3%+1.3pp	1.9%+6.5pp	-4.5%

Metric	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.13-0.2	1.29	N/A	1.09	N/A
Debt-to-Equity	0.26+0.0	0.21-12.2	12.39+12.1	0.32-28.5	28.85
FCF Margin	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is INNEOVA HOLD's annual revenue?

INNEOVA HOLD (INEO) reported $58.3M in total revenue for fiscal year 2024. This represents a -2.0% 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 INNEOVA HOLD's revenue growing?

INNEOVA HOLD (INEO) revenue declined by 2% year-over-year, from $59.5M to $58.3M in fiscal year 2024.

Is INNEOVA HOLD profitable?

Yes, INNEOVA HOLD (INEO) reported a net income of $8K in fiscal year 2024, with a net profit margin of 0.0%.

What is INNEOVA HOLD's EBITDA?

INNEOVA HOLD (INEO) had EBITDA of $1.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does INNEOVA HOLD have?

As of fiscal year 2024, INNEOVA HOLD (INEO) had $1.7M in cash and equivalents against $1.9M in long-term debt.

What is INNEOVA HOLD's gross margin?

INNEOVA HOLD (INEO) had a gross margin of 18.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is INNEOVA HOLD's operating margin?

INNEOVA HOLD (INEO) had an operating margin of 1.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is INNEOVA HOLD's net profit margin?

INNEOVA HOLD (INEO) had a net profit margin of 0.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is INNEOVA HOLD's return on equity (ROE)?

INNEOVA HOLD (INEO) has a return on equity of 0.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is INNEOVA HOLD's free cash flow?

INNEOVA HOLD (INEO) generated $1.9M in free cash flow during fiscal year 2024. This represents a 63.3% 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 INNEOVA HOLD's operating cash flow?

INNEOVA HOLD (INEO) generated $2.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are INNEOVA HOLD's total assets?

INNEOVA HOLD (INEO) had $39.6M in total assets as of fiscal year 2024, including both current and long-term assets.

What are INNEOVA HOLD's capital expenditures?

INNEOVA HOLD (INEO) invested $774K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does INNEOVA HOLD have outstanding?

INNEOVA HOLD (INEO) had 10M shares outstanding as of fiscal year 2024.

What is INNEOVA HOLD's current ratio?

INNEOVA HOLD (INEO) had a current ratio of 1.29 as of fiscal year 2024, which is considered adequate.

What is INNEOVA HOLD's debt-to-equity ratio?

INNEOVA HOLD (INEO) had a debt-to-equity ratio of 0.21 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is INNEOVA HOLD's return on assets (ROA)?

INNEOVA HOLD (INEO) had a return on assets of 0.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is INNEOVA HOLD's Altman Z-Score?

INNEOVA HOLD (INEO) has an Altman Z-Score of 2.02, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is INNEOVA HOLD's Piotroski F-Score?

INNEOVA HOLD (INEO) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 INNEOVA HOLD's earnings high quality?

INNEOVA HOLD (INEO) has an earnings quality ratio of 333.38x, 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.

Can INNEOVA HOLD cover its interest payments?

INNEOVA HOLD (INEO) has an interest coverage ratio of 0.6x, 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 INNEOVA HOLD?

INNEOVA HOLD (INEO) scores 36 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.