What is IOTHREE LTD's earnings per share (EPS)?

IOTHREE LTD (IOTR) reported diluted earnings per share of $-0.01 for fiscal year 2025. 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.

IOTHREE LTD Financials

IOTR

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2025 Currency USD FYE March

This page shows IOTHREE LTD (IOTR) 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).

Rhea AI IOTR FY2025 2026-04-22

Sales growth is no longer producing gross profit growth, leaving a smaller cash cushion as reinvestment absorbs operating cash.

From FY2023 to FY2025, revenue grew from $7.5M to $10.5M. But gross margin compression from 30.1% to 17.8% kept gross profit roughly flat, suggesting the extra sales carried weaker unit economics; once overhead and reinvestment caught up, that added volume translated into an operating loss and negative free cash flow.

Cash conversion weakened in FY2025: operating cash flow fell to $488K while capital spending rose to $549K. With EBITDA still positive, the issue is not a total absence of operating earnings; the business has become more capital-intensive, so cash left after upkeep and expansion narrowed sharply from the prior year.

The balance sheet is not lender-driven, with long-term debt of only $37K and no sign of heavy borrowing pressure. The tighter point is working capital: cash dropped to $443K, and because inventory fell rather than rose, the squeeze appears more tied to slower collection of sales than to stock building.

Financial Health Signals

Financial Profile 44/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of IOTHREE LTD's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

IOTHREE LTD has an operating margin of -1.9%, meaning the company retains $-2 of operating profit per $100 of revenue. This below-average margin results in a low score of 26/100, suggesting thin profitability after operating expenses. This is down from -0.4% the prior year.

Growth

IOTHREE LTD's revenue surged 22.3% year-over-year to $10.5M, reflecting rapid business expansion. This strong growth earns a score of 64/100.

Leverage

100

IOTHREE LTD carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

IOTHREE LTD's current ratio of 1.13 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While IOTHREE LTD generated $488K in operating cash flow, capex of $549K consumed most of it, leaving -$61K in free cash flow. This results in a low score of 39/100, reflecting heavy capital investment rather than weak cash generation.

Returns

IOTHREE LTD generates a -13.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 14/100. This is down from -0.2% the prior year.

Piotroski F-Score Neutral

5/9

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

Earnings Quality Mixed

-2.12x

For every $1 of reported earnings, IOTHREE LTD generates $-2.12 in operating cash flow ($488K OCF vs -$231K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$10.5M

YoY+22.3%

IOTHREE LTD generated $10.5M in revenue in fiscal year 2025. This represents an increase of 22.3% from the prior year.

EBITDA

$273K

YoY-1.6%

IOTHREE LTD's EBITDA was $273K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1.6% from the prior year.

Net Income

-$231K

YoY-5084.8%

IOTHREE LTD reported -$231K in net income in fiscal year 2025. This represents a decrease of 5084.8% from the prior year.

EPS (Diluted)

$-0.01

IOTHREE LTD earned $-0.01 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$61K

YoY-105.2%

IOTHREE LTD generated -$61K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 105.2% from the prior year.

Cash & Debt

$443K

YoY-55.5%

IOTHREE LTD held $443K in cash against $37K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

24M

YoY+0.0%

IOTHREE LTD had 24M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

17.8%

YoY-3.8pp

IOTHREE LTD's gross margin was 17.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.8 percentage points from the prior year.

Operating Margin

-1.9%

YoY-1.5pp

IOTHREE LTD's operating margin was -1.9% in fiscal year 2025, reflecting core business profitability. This is down 1.5 percentage points from the prior year.

Net Margin

-2.2%

YoY-2.1pp

IOTHREE LTD's net profit margin was -2.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.1 percentage points from the prior year.

Return on Equity

-13.2%

YoY-13.0pp

IOTHREE LTD's ROE was -13.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 13.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$549K

YoY+17.2%

IOTHREE LTD invested $549K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 17.2% from the prior year.

IOTR Income Statement

Metric	FY25	FY24	FY23
Revenue	$10.5M+22.3%	$8.6M+14.5%	$7.5M
Cost of Revenue	$8.6M+28.1%	$6.7M+28.5%	$5.2M
Gross Profit	$1.9M+1.0%	$1.8M-18.2%	$2.3M
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	$1.5M+1.5%	$1.5M+70.3%	$853K
Operating Income	-$203K-511.3%	-$33K-103.2%	$1.0M
Interest Expense	N/A	N/A	N/A
Income Tax	$17K+138.4%	-$44K-138.0%	$115K
Net Income	-$231K-5084.8%	-$4K-100.5%	$924K
EPS (Diluted)	$-0.01	N/A	$0.04

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

IOTR Balance Sheet

Metric	FY25	FY24	FY23
Total Assets	$5.7M-3.2%	$5.9M	N/A
Current Assets	$4.1M-6.9%	$4.4M	N/A
Cash & Equivalents	$443K-55.5%	$995K+147.8%	$402K
Inventory	$691K-24.3%	$912K	N/A
Accounts Receivable	$1.3M+38.8%	$955K	N/A
Goodwill	N/A	N/A	N/A
Total Liabilities	$3.9M+1.1%	$3.9M	N/A
Current Liabilities	$3.7M+4.6%	$3.5M	N/A
Long-Term Debt	$37K-55.3%	$82K	N/A
Total Equity	$1.7M-11.7%	$2.0M-13.1%	$2.3M
Retained Earnings	$943K-19.6%	$1.2M	N/A

Metric	Q4'25	Q4'24
Total Assets	$5.7M-3.2%	$5.9M
Current Assets	$4.1M-6.9%	$4.4M
Cash & Equivalents	$443K-55.5%	$995K
Inventory	$691K-24.3%	$912K
Accounts Receivable	$1.3M+38.8%	$955K
Goodwill	N/A	N/A
Total Liabilities	$3.9M+1.1%	$3.9M
Current Liabilities	$3.7M+4.6%	$3.5M
Long-Term Debt	$37K-55.3%	$82K
Total Equity	$1.7M-11.7%	$2.0M
Retained Earnings	$943K-19.6%	$1.2M

IOTR Cash Flow Statement

Metric	FY25	FY24	FY23
Operating Cash Flow	$488K-70.1%	$1.6M+124.7%	$726K
Capital Expenditures	$549K+17.2%	$468K+6424.0%	$7K
Free Cash Flow	-$61K-105.2%	$1.2M+61.8%	$719K
Investing Cash Flow	-$581K-18.3%	-$491K-312.3%	-$119K
Financing Cash Flow	-$466K+13.7%	-$539K-31.4%	-$410K
Dividends Paid	N/A	$278K+253.4%	$79K
Share Buybacks	N/A	N/A	N/A

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

IOTR Financial Ratios

Metric	FY25	FY24	FY23
Gross Margin	17.8%-3.8pp	21.5%-8.6pp	30.1%
Operating Margin	-1.9%-1.5pp	-0.4%-14.4pp	14.0%
Net Margin	-2.2%-2.1pp	-0.1%-12.4pp	12.3%
Return on Equity	-13.2%-13.0pp	-0.2%-40.9pp	40.7%
Return on Assets	-4.1%-4.0pp	-0.1%	N/A
Current Ratio	1.13-0.1	1.26	N/A
Debt-to-Equity	0.02-0.0	0.04	N/A
FCF Margin	-0.6%-14.1pp	13.6%+4.0pp	9.6%

Metric	Q4'25	Q4'24
Gross Margin	N/A	N/A
Operating Margin	N/A	N/A
Net Margin	N/A	N/A
Return on Equity	N/A	N/A
Return on Assets	N/A	N/A
Current Ratio	1.13-0.1	1.26
Debt-to-Equity	0.02-0.0	0.04
FCF Margin	N/A	N/A

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Frequently Asked Questions

What is IOTHREE LTD's annual revenue?

IOTHREE LTD (IOTR) reported $10.5M in total revenue for fiscal year 2025. This represents a 22.3% 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 IOTHREE LTD's revenue growing?

IOTHREE LTD (IOTR) revenue grew by 22.3% year-over-year, from $8.6M to $10.5M in fiscal year 2025.

Is IOTHREE LTD profitable?

No, IOTHREE LTD (IOTR) reported a net income of -$231K in fiscal year 2025, with a net profit margin of -2.2%.

What is IOTHREE LTD's EBITDA?

IOTHREE LTD (IOTR) had EBITDA of $273K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does IOTHREE LTD have?

As of fiscal year 2025, IOTHREE LTD (IOTR) had $443K in cash and equivalents against $37K in long-term debt.

What is IOTHREE LTD's gross margin?

IOTHREE LTD (IOTR) had a gross margin of 17.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is IOTHREE LTD's operating margin?

IOTHREE LTD (IOTR) had an operating margin of -1.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is IOTHREE LTD's net profit margin?

IOTHREE LTD (IOTR) had a net profit margin of -2.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is IOTHREE LTD's return on equity (ROE)?

IOTHREE LTD (IOTR) has a return on equity of -13.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is IOTHREE LTD's free cash flow?

IOTHREE LTD (IOTR) generated -$61K in free cash flow during fiscal year 2025. This represents a -105.2% 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 IOTHREE LTD's operating cash flow?

IOTHREE LTD (IOTR) generated $488K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are IOTHREE LTD's total assets?

IOTHREE LTD (IOTR) had $5.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What are IOTHREE LTD's capital expenditures?

IOTHREE LTD (IOTR) invested $549K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does IOTHREE LTD have outstanding?

IOTHREE LTD (IOTR) had 24M shares outstanding as of fiscal year 2025.

What is IOTHREE LTD's current ratio?

IOTHREE LTD (IOTR) had a current ratio of 1.13 as of fiscal year 2025, which is considered adequate.

What is IOTHREE LTD's debt-to-equity ratio?

IOTHREE LTD (IOTR) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is IOTHREE LTD's return on assets (ROA)?

IOTHREE LTD (IOTR) had a return on assets of -4.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is IOTHREE LTD's Piotroski F-Score?

IOTHREE LTD (IOTR) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are IOTHREE LTD's earnings high quality?

IOTHREE LTD (IOTR) has an earnings quality ratio of -2.12x, considered mixed 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.

How financially healthy is IOTHREE LTD?

IOTHREE LTD (IOTR) scores 44 out of 100 on our Financial Profile, indicating moderate 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.