iTonic Holdings Ltd Financials
iTonic Holdings Ltd (ITOC) reported $523K in revenue for fiscal year 2025, up 16.7% 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).
The balance sheet has been built far ahead of revenue, and ongoing operating spend is now consuming the capital raised.
Across FY2023-FY2025, revenue never reached$700K , yet operating cash outflow hit-$3.23M in FY2025. With capex only$4K and a current ratio of 8.8x, the strain comes mainly from running the organization, not from building hard assets or meeting near-term payables.
Total assets rose from
Short-term liquidity looks comfortable because FY2025 cash of
Financial Health Signals
iTonic Holdings Ltd does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
iTonic Holdings Ltd scores -1.15, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($5.3M) relative to total liabilities ($3.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
iTonic Holdings Ltd passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
iTonic Holdings Ltd reported a net loss of $5.1M while operations used $3.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
iTonic Holdings Ltd generated $523K in revenue in fiscal year 2025. This represents an increase of 16.7% from the prior year.
iTonic Holdings Ltd reported -$5.1M in net income in fiscal year 2025. This represents a decrease of 671.7% from the prior year.
iTonic Holdings Ltd earned -$0.32 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 511.5% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
iTonic Holdings Ltd recorded an outflow of $3.2M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 317.0% from the prior year.
iTonic Holdings Ltd held $1.5M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
iTonic Holdings Ltd's gross margin was 62.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 22.5 percentage points from the prior year.
iTonic Holdings Ltd's ROE was -83.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 72.6 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
iTonic Holdings Ltd invested $459K in research and development in fiscal year 2025. This represents an increase of 392.0% from the prior year.
iTonic Holdings Ltd invested $4K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 342.0% from the prior year.
Not reported for fiscal year 2025.
ITOC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Revenue | $523K+16.7% | $448K-28.7% | $629K-7.5% | $680K |
| Cost of Revenue | $196K+191.9% | $67K-57.5% | $158K+29.7% | $122K |
| Gross Profit | $327K-14.1% | $381K-19.0% | $471K-15.6% | $558K |
| R&D Expenses | $459K+392.0% | $93K+10.5% | $84K+14.6% | $74K |
| SG&A Expenses | $4.9M+549.3% | $751K+76.6% | $425K+162.2% | $162K |
| Operating Income | -$5.2M-573.4% | -$770K-151.2% | -$307K-1214.3% | $28K |
| Income Tax | N/A | $22K+213.2% | -$19K-48.9% | -$13K |
| Net Income | -$5.1M-671.7% | -$661K-173.9% | -$241K-387.2% | $84K |
| EPS (Diluted) | -$0.32-511.5% | -$0.05-160.0% | -$0.02-385.7% | $0.01 |
Not reported in any period shown, so not listed: Interest Expense.
ITOC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Total Assets | $9.1M+35.3% | $6.7M+315.9% | $1.6M | N/A |
| Current Assets | $4.1M-38.8% | $6.7M+1154.1% | $532K | N/A |
| Cash & Equivalents | $1.5M-75.8% | $6.2M+2727.1% | $218K+201.4% | $72K |
| Inventory | $52K-55.3% | $117K+124.7% | $52K | N/A |
| Accounts Receivable | $288K+2.4% | $282K+36.5% | $206K | N/A |
| Goodwill | $2.0M | N/A | N/A | N/A |
| Total Liabilities | $3.0M+452.1% | $539K-58.9% | $1.3M | N/A |
| Current Liabilities | $463K-14.1% | $539K-55.3% | $1.2M | N/A |
| Total Equity | $6.1M-1.0% | $6.2M+1919.3% | $306K-44.9% | $556K |
| Retained Earnings | -$5.6M-975.0% | -$523K-479.6% | $138K | N/A |
Not reported in any period shown, so not listed: Long-Term Debt.
ITOC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Operating Cash Flow | -$3.2M-317.0% | -$775K-1117.9% | -$64K+45.2% | -$116K |
| Capital Expenditures | $4K+342.0% | $861 | N/A | N/A |
| Free Cash Flow | -$3.2M-317.0% | -$776K | N/A | N/A |
| Investing Cash Flow | -$1.4M-156944.0% | -$861 | N/A | N/A |
| Financing Cash Flow | -$92K-101.4% | $6.7M+2942.8% | $221K+182.3% | $78K |
| Dividends Paid | $9K | N/A | N/A | $398K |
Not reported in any period shown, so not listed: Share Buybacks.
ITOC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Gross Margin | 62.6%-22.5pp | 85.0%+10.1pp | 74.9%-7.2pp | 82.1% |
| Operating Margin | -991.7% | -171.9% | -48.8%-52.8pp | 4.0% |
| Net Margin | -974.7% | -147.4% | -38.4%-50.7pp | 12.3% |
| Return on Equity | -83.3%-72.6pp | -10.7%+68.1pp | -78.8%-93.9pp | 15.1% |
| Return on Assets | -56.0%-46.2pp | -9.8%+5.1pp | -14.9% | N/A |
| Current Ratio | 8.83-3.6x | 12.40+12.0x | 0.44 | N/A |
| Debt-to-Equity | 0.49+0.4x | 0.09-4.2x | 4.28 | N/A |
| FCF Margin | -618.6% | -173.1% | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where iTonic Holdings Ltd Ranks
Frequently Asked Questions
What is iTonic Holdings Ltd's annual revenue?
iTonic Holdings Ltd (ITOC) reported $523K in total revenue for fiscal year 2025. This represents a 16.7% 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 iTonic Holdings Ltd's revenue growing?
iTonic Holdings Ltd (ITOC) revenue grew by 16.7% year-over-year, from $448K to $523K in fiscal year 2025.
Is iTonic Holdings Ltd profitable?
No, iTonic Holdings Ltd (ITOC) reported a net income of -$5.1M in fiscal year 2025.
What is iTonic Holdings Ltd's gross margin?
iTonic Holdings Ltd (ITOC) had a gross margin of 62.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is iTonic Holdings Ltd's return on equity (ROE)?
iTonic Holdings Ltd (ITOC) has a return on equity of -83.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is iTonic Holdings Ltd's free cash flow?
iTonic Holdings Ltd (ITOC) recorded an outflow of $3.2M in free cash flow during fiscal year 2025. This represents a -317.0% 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 iTonic Holdings Ltd's operating cash flow?
iTonic Holdings Ltd (ITOC) recorded an outflow of $3.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are iTonic Holdings Ltd's total assets?
iTonic Holdings Ltd (ITOC) had $9.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are iTonic Holdings Ltd's capital expenditures?
iTonic Holdings Ltd (ITOC) invested $4K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does iTonic Holdings Ltd spend on research and development?
iTonic Holdings Ltd (ITOC) invested $459K in research and development during fiscal year 2025.
What is iTonic Holdings Ltd's current ratio?
iTonic Holdings Ltd (ITOC) had a current ratio of 8.83 as of fiscal year 2025, which is generally considered healthy.
What is iTonic Holdings Ltd's debt-to-equity ratio?
iTonic Holdings Ltd (ITOC) had a debt-to-equity ratio of 0.49 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is iTonic Holdings Ltd's return on assets (ROA)?
iTonic Holdings Ltd (ITOC) had a return on assets of -56.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is iTonic Holdings Ltd's cash runway?
Based on fiscal year 2025 data, iTonic Holdings Ltd (ITOC) had $1.5M in cash against an annual operating cash burn of $3.2M. This gives an estimated cash runway of approximately 6 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.
What is iTonic Holdings Ltd's Altman Z-Score?
iTonic Holdings Ltd (ITOC) has an Altman Z-Score of -1.15, placing it in the Distress Zone (elevated 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 iTonic Holdings Ltd's Piotroski F-Score?
iTonic Holdings Ltd (ITOC) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 iTonic Holdings Ltd's earnings high quality?
iTonic Holdings Ltd (ITOC) reported a net loss of $5.1M while operations used $3.2M 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.