iOThree (IOTR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 29, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Jul 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IOTR SEC filings page.
iOThree Limited (IOTR) reported $14.7M in revenue for fiscal year 2026, up 40.4% from the prior fiscal year. This page shows its 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 (20-F and 6-K reports).
Revenue is growing, but escalating overhead and investment are turning scale into deeper losses and negative operating cash flow.
From FY2025 to FY2026, revenue rose40.4% while gross profit rose69.0% , showing that underlying gross economics improved. That improvement was overwhelmed by SG&A expansion, which rose109.8% while operating margin fell 5.8 percentage points.
FY2025 converted operations into
FY2026 liabilities rose only
Financial Health Signals
We do not publish a peer-relative financial health score for iOThree Limited, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
iOThree Limited scores 3.22, well above the 2.99 safe threshold. The largest contribution to the score comes from revenue of $14.7M against total assets of $8.5M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
iOThree Limited passes 3 of 9 financial strength tests. No profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
iOThree Limited reported a net loss of $1.2M while operations used $2.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
iOThree Limited generated $14.7M in revenue in fiscal year 2026. This represents an increase of 40.4% from the prior year.
iOThree Limited's EBITDA was -$411K in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 250.6% from the prior year.
iOThree Limited reported a net loss of $1.2M in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
iOThree Limited recorded an outflow of $2.8M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
iOThree Limited held $2.1M in cash against $269K in long-term debt as of fiscal year 2026, with $3.1M of liabilities due within a year.
Not reported for fiscal year 2026.
Margins & Returns
iOThree Limited's gross margin was 21.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 3.6 percentage points from the prior year.
iOThree Limited's operating margin was -7.7% in fiscal year 2026, reflecting core business profitability. This is down 5.8 percentage points from the prior year.
iOThree Limited's net profit margin was -7.9% in fiscal year 2026, showing the share of revenue converted to profit. This is down 5.7 percentage points from the prior year.
iOThree Limited's ROE was -26.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 12.8 percentage points from the prior year.
Capital Allocation
iOThree Limited invested $578K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 5.3% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
IOTR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F/A |
|---|---|---|---|---|
| Revenue | $14.7M+40.4% | $10.5M+22.3% | $8.6M+14.5% | $7.5M |
| Cost of Revenue | $11.6M+34.2% | $8.6M+28.1% | $6.7M+28.5% | $5.2M |
| Gross Profit | $3.2M+69.0% | $1.9M+1.0% | $1.8M-18.2% | $2.3M |
| SG&A Expenses | $4.3M+109.8% | $2.1M+10.4% | $1.9M+54.7% | $1.2M |
| Operating Income | -$1.1Mn/m | -$203Kn/m | -$33K-103.2% | $1.0M |
| EBITDA | -$411K-250.6% | $273K-1.6% | $277K-77.6% | $1.2M |
| Income Tax | -$21K-227.3% | $17Kn/m | -$44K-138.0% | $115K |
| Net Income | -$1.2Mn/m | -$231Kn/m | -$4K-100.5% | $924K |
| EPS (Basic) | -$0.44 | -$0.10 | N/A | $0.04 |
| EPS (Diluted) | -$0.44 | -$0.10 | N/A | $0.04 |
| Diluted Shares (Avg) | 3M | 2M0.0% | 2M | 24M |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
IOTR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F/A |
|---|---|---|---|---|
| Total Assets | $8.5M+49.7% | $5.7M-3.2% | $5.9M | N/A |
| Current Assets | $5.6M+35.8% | $4.1M-6.9% | $4.4M | N/A |
| Cash & Equivalents | $2.1M+378.6% | $443K-55.5% | $995K+147.8% | $402K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0 |
| Inventory | $1.2M+77.8% | $691K-24.3% | $912K | N/A |
| Accounts Receivable | $1.1M-17.6% | $1.3M+38.8% | $955K | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $4.0M+2.4% | $3.9M+1.1% | $3.9M | N/A |
| Current Liabilities | $3.1M-15.2% | $3.7M+4.6% | $3.5M | N/A |
| Non-Current Liabilities | $903K+257.0% | $253K-31.9% | $371K | N/A |
| Long-Term Debt | $269K+634.6% | $37K-55.3% | $82K | N/A |
| Total Equity | $4.5M+155.8% | $1.7M-11.7% | $2.0M-13.1% | $2.3M |
| Retained Earnings | -$218K-123.2% | $943K-19.6% | $1.2M | N/A |
Not reported in any period shown, so not listed: Goodwill.
IOTR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F/A |
|---|---|---|---|---|
| Operating Cash Flow | -$2.2M-558.5% | $488K-70.1% | $1.6M+124.7% | $726K |
| Depreciation & Amortization | $723K+52.0% | $475K+53.2% | $310K+66.0% | $187K |
| Capital Expenditures | $578K+5.3% | $549K+17.2% | $468K+6424.0% | $7K |
| Free Cash Flow | -$2.8Mn/m | -$61K-105.2% | $1.2M+61.8% | $719K |
| Investing Cash Flow | -$661Kn/m | -$581Kn/m | -$491Kn/m | -$119K |
| Financing Cash Flow | $4.6Mn/m | -$466Kn/m | -$539Kn/m | -$410K |
| Dividends Paid | N/A | N/A | $278K+253.4% | $79K |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
IOTR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F/A |
|---|---|---|---|---|
| Gross Margin | 21.4%+3.6pp | 17.8%-3.8pp | 21.5%-8.6pp | 30.1% |
| Operating Margin | -7.7%-5.8pp | -1.9%-1.5pp | -0.4%-14.4pp | 14.0% |
| Net Margin | -7.9%-5.7pp | -2.2%-2.1pp | -0.1%-12.4pp | 12.3% |
| Return on Equity | -26.0%-12.8pp | -13.2%-13.0pp | -0.2%-40.9pp | 40.7% |
| Return on Assets | -13.7%-9.6pp | -4.1%-4.0pp | -0.1% | N/A |
| Current Ratio | 1.80+0.7x | 1.13-0.1x | 1.27 | N/A |
| Debt-to-Equity | 0.060.0x | 0.020.0x | 0.04 | N/A |
| Liabilities-to-Equity | 0.90-1.3x | 2.25+0.3x | 1.96 | N/A |
| Asset Turnover | 1.73-0.1x | 1.85+0.4x | 1.46 | N/A |
| FCF Margin | -19.1%-18.6pp | -0.6%-14.1pp | 13.6%+4.0pp | 9.6% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| iOThree Limited IOTR | FY2026 | $14.7M | -$1.2M | -7.9% | $10.7M | — |
| iQSTEL Inc. IQST | FY2025 | $316.9M | -$8.5M | -2.7% | $8.9M | 47/100 |
| FingerMotion, Inc. FNGR | FY2026 | $24.1M | -$7.0M | -29.2% | $8.6M | 28/100 |
| SurgePays, Inc. SURG | FY2025 | $57.0M | -$36.1M | -63.3% | $8.7M | 19/100 |
| uCloudlink Group Inc. UCL | FY2025 | $81.4M | $6.3M | 7.7% | $7.7M | 54/100 |
| Nixxy, Inc. NIXX | FY2025 | $97.9M | -$15.0M | -15.3% | $6.2M | 23/100 |
Where iOThree Limited Ranks
Frequently Asked Questions
iOThree Limited (IOTR) reported $14.7M in total revenue for fiscal year 2026. This represents a 40.4% 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.
iOThree Limited (IOTR) revenue grew by 40.4% year-over-year, from $10.5M to $14.7M in fiscal year 2026.
No, iOThree Limited (IOTR) reported a net loss of $1.2M in fiscal year 2026, with a net profit margin of -7.9%.
iOThree Limited (IOTR) had EBITDA of -$411K in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2026, iOThree Limited (IOTR) had $2.1M in cash and equivalents against $269K in long-term debt.
iOThree Limited (IOTR) had a gross margin of 21.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
iOThree Limited (IOTR) had an operating margin of -7.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
iOThree Limited (IOTR) had a net profit margin of -7.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
iOThree Limited (IOTR) has a return on equity of -26.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
iOThree Limited (IOTR) recorded an outflow of $2.8M in free cash flow during fiscal year 2026. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
iOThree Limited (IOTR) recorded an outflow of $2.2M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
iOThree Limited (IOTR) had $8.5M in total assets as of fiscal year 2026, including both current and long-term assets.
iOThree Limited (IOTR) invested $578K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
iOThree Limited (IOTR) had a current ratio of 1.80 as of fiscal year 2026, which is generally considered healthy.
iOThree Limited (IOTR) had a debt-to-equity ratio of 0.06 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
iOThree Limited (IOTR) had a liabilities-to-equity ratio of 0.90 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
iOThree Limited (IOTR) had a return on assets of -13.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
iOThree Limited (IOTR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $10.7M as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
iOThree Limited (IOTR) trades at 0.7x sales, its market capitalization divided by $14.7M revenue, FY2026. The market capitalization is $10.7M as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2026, iOThree Limited (IOTR) held $2.1M in cash, cash equivalents and investments, and reported an operating cash outflow of $2.2M over that year. Dividing the one by the other, the reported balance equals about 11 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
iOThree Limited (IOTR) has an Altman Z-Score of 3.22, placing it in the Safe Zone (low bankruptcy 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.
iOThree Limited (IOTR) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
iOThree Limited (IOTR) reported a net loss of $1.2M while operations used $2.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.