iOThree Limited (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 Sep 11, 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 (10-K and 10-Q reports).
Revenue expansion is being overwhelmed by cost escalation, turning a previously cash-generative model into one requiring external financing.
FY2026's gross margin recovered to21.4% , but SG&A reached$3.7M , showing that better gross economics were outweighed by overhead. That cost structure coincided with operating cash flow of-$2.2M and free cash flow of-$2.8M , reversing the cash surplus recorded in FY2024.
The current ratio improved to 1.8x from 1.1x in FY2025, indicating more current-asset coverage of short-term obligations. Debt-to-equity was just 0.1x, so the balance-sheet pressure is operating and cash-flow related rather than debt-heavy.
Capital expenditures were
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of iOThree Limited'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.
iOThree Limited held $2.1M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $2.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and iOThree Limited scores 32/100 among other emerging companies.
iOThree Limited had 2M shares outstanding at the end of fiscal year 2026. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and iOThree Limited scores 95/100 among other emerging companies.
Not available for iOThree Limited, and counted as zero in the overall score.
iOThree Limited reported revenue of $14.7M in fiscal year 2026, against $10.5M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and iOThree Limited scores 72/100 among other emerging companies.
Not available for iOThree Limited, and counted as zero in the overall score.
iOThree Limited's cash, cash equivalents and investments came to $2.1M at the end of fiscal year 2026, against $4.0M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and iOThree Limited scores 44/100 among other emerging companies.
iOThree Limited scores 3.33, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($11.5M) relative to total liabilities ($4.0M). 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 efficiency signals pass.
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
None of these metrics is reported for Q4 2026.
Cash & Balance Sheet
iOThree Limited held $2.1M in cash against $269K in long-term debt as of Q4 2026, with $3.1M of liabilities due within a year.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
None of these metrics is reported for Q4 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
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 | Q4'2620-F | Q2'266-K | Q4'2520-F | Q2'256-K | Q4'2420-F/A |
|---|---|---|---|---|---|
| Total Assets | $8.5M+49.7% | $9.1M+69.2% | $5.7M-3.2% | $5.4M | $5.9M |
| Current Assets | $5.6M+35.8% | $5.4M | $4.1M-6.9% | N/A | $4.4M |
| Cash & Equivalents | $2.1M+378.6% | $842K+161.1% | $443K-55.5% | $323K | $995K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.2M+77.8% | $1.4M | $691K-24.3% | N/A | $912K |
| Accounts Receivable | $1.1M-17.6% | $1.6M | $1.3M+38.8% | N/A | $955K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.0M+2.4% | $4.9M+45.0% | $3.9M+1.1% | $3.4M | $3.9M |
| Current Liabilities | $3.1M-15.2% | $3.8M | $3.7M+4.6% | N/A | $3.5M |
| Non-Current Liabilities | $903K+257.0% | $1.1M | $253K-31.9% | N/A | $371K |
| Long-Term Debt | $269K+634.6% | $291K | $37K-55.3% | N/A | $82K |
| Total Equity | $4.5M+155.8% | $4.2M+109.9% | $1.7M-11.7% | $2.0M | $2.0M |
| Retained Earnings | -$218K-123.2% | $808K | $943K-19.6% | N/A | $1.2M |
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.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| iOThree Limited IOTR | FY2026 | $14.7M | -$1.2M | -7.9% | $11.5M | 41/100 |
| IQSTEL INC. IQST | FY2025 | $316.9M | -$8.5M | -2.7% | $10.6M | 47/100 |
| KORE Group Holdings, Inc. KORE | FY2025 | $285.9M | -$63.0M | -22.0% | $163.0M | 25/100 |
Where iOThree Limited Ranks
Frequently Asked Questions
What is iOThree Limited's annual revenue?
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.
How fast is iOThree Limited's revenue growing?
iOThree Limited (IOTR) revenue grew by 40.4% year-over-year, from $10.5M to $14.7M in fiscal year 2026.
Is iOThree Limited profitable?
No, iOThree Limited (IOTR) reported a net income of -$1.2M in fiscal year 2026, with a net profit margin of -7.9%.
What is iOThree Limited's EBITDA?
iOThree Limited (IOTR) had EBITDA of -$411K in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does iOThree Limited have?
As of fiscal year 2026, iOThree Limited (IOTR) had $2.1M in cash and equivalents against $269K in long-term debt.
What is iOThree Limited's gross margin?
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.
What is iOThree Limited's operating margin?
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.
What is iOThree Limited's net profit margin?
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.
What is iOThree Limited's return on equity (ROE)?
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.
What is iOThree Limited's free cash flow?
iOThree Limited (IOTR) recorded an outflow of $2.8M in free cash flow during fiscal year 2026. This represents a -4543.4% 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 Limited's operating cash flow?
iOThree Limited (IOTR) recorded an outflow of $2.2M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are iOThree Limited's total assets?
iOThree Limited (IOTR) had $8.5M in total assets as of fiscal year 2026, including both current and long-term assets.
What are iOThree Limited's capital expenditures?
iOThree Limited (IOTR) invested $578K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is iOThree Limited's current ratio?
iOThree Limited (IOTR) had a current ratio of 1.80 as of fiscal year 2026, which is generally considered healthy.
What is iOThree Limited's debt-to-equity ratio?
iOThree Limited (IOTR) had a debt-to-equity ratio of 0.06 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is iOThree Limited's return on assets (ROA)?
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.
What is iOThree Limited's P/E ratio?
iOThree Limited (IOTR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $11.5M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is iOThree Limited's price-to-sales ratio?
iOThree Limited (IOTR) trades at 0.8x sales, its market capitalization divided by revenue of $14.7M revenue, FY2026. The market capitalization is $11.5M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does iOThree Limited's liquidity compare with its operating cash outflow?
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.
What is iOThree Limited's Altman Z-Score?
iOThree Limited (IOTR) has an Altman Z-Score of 3.33, 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.
What is iOThree Limited's Piotroski F-Score?
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.
Are iOThree Limited's earnings high quality?
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.
How financially healthy is iOThree Limited?
iOThree Limited (IOTR) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.