iTonic Holdings Ltd Financials
This page shows iTonic Holdings Ltd (ITOC) financial statements, including the 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).
External funding rather than customer revenue is currently carrying operations as overhead and cash burn dwarf the sales base.
FY2024's$6.71M financing inflow turned FY2023's working-capital squeeze (0.4x current ratio) into a cash-heavy balance sheet (12.4x in FY2024 and 8.8x in FY2025), but operations moved the other way as operating cash burn widened from-$64K to-$3.23M while revenue stayed below$1M . The company therefore looks liquid because it raised capital, not because the business is yet self-funding.
The business still posts a high gross margin—
Balance-sheet risk shifted sharply between periods: FY2023 showed short-term tightness with current liabilities above current assets, whereas FY2025 had a strong 8.8x current ratio and liabilities of
Financial Health Signals
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 iTonic Holdings 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.
iTonic Holdings Ltd has an operating margin of -991.7%, meaning the company retains $-992 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -171.9% the prior year.
iTonic Holdings Ltd's revenue surged 16.7% year-over-year to $523K, reflecting rapid business expansion. This strong growth earns a score of 19/100.
iTonic Holdings Ltd carries a low D/E ratio of 0.49, meaning only $0.49 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 8.83, iTonic Holdings Ltd holds $8.83 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While iTonic Holdings Ltd generated -$3.2M in operating cash flow, capex of $4K consumed most of it, leaving -$3.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
iTonic Holdings Ltd generates a -83.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -10.7% the prior year.
iTonic Holdings Ltd passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, iTonic Holdings Ltd generates $0.63 in operating cash flow (-$3.2M OCF vs -$5.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
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.
Cash & Balance Sheet
iTonic Holdings Ltd generated -$3.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 317.0% from the prior year.
iTonic Holdings Ltd held $1.5M in cash against $0 in long-term debt as of 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 operating margin was -991.7% in fiscal year 2025, reflecting core business profitability. This is down 819.8 percentage points from the prior year.
iTonic Holdings Ltd's net profit margin was -974.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 827.3 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.
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.
ITOC Income Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
ITOC Balance Sheet
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Total Assets | $9.1M+77.8% | $5.1M-23.9% | $6.7M+315.9% | $1.6M |
| Current Assets | $4.1M-8.6% | $4.5M-33.0% | $6.7M+1154.1% | $532K |
| Cash & Equivalents | $1.5M-17.6% | $1.8M-70.6% | $6.2M+2727.1% | $218K |
| Inventory | $52K-58.5% | $127K+7.8% | $117K+124.7% | $52K |
| Accounts Receivable | $288K+160.9% | $111K-60.7% | $282K+36.5% | $206K |
| Goodwill | $2.0M | N/A | N/A | N/A |
| Total Liabilities | $3.0M+677.1% | $383K-29.0% | $539K-58.9% | $1.3M |
| Current Liabilities | $463K+21.0% | $383K-29.0% | $539K-55.3% | $1.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A |
| Total Equity | $6.1M+29.4% | $4.7M-23.5% | $6.2M+1919.3% | $306K |
| Retained Earnings | -$5.6M-119.5% | -$2.6M-389.7% | -$523K-479.6% | $138K |
ITOC Cash Flow Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
ITOC Financial Ratios
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 8.83-2.9 | 11.69-0.7 | 12.40+12.0 | 0.44 |
| Debt-to-Equity | 0.49+0.4 | 0.080.0 | 0.09-4.2 | 4.28 |
| FCF Margin | N/A | N/A | N/A | N/A |
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, with a net profit margin of -974.7%.
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 operating margin?
iTonic Holdings Ltd (ITOC) had an operating margin of -991.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is iTonic Holdings Ltd's net profit margin?
iTonic Holdings Ltd (ITOC) had a net profit margin of -974.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
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) generated -$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) generated -$3.2M in operating cash flow during fiscal year 2025, representing cash generated from 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 Piotroski F-Score?
iTonic Holdings Ltd (ITOC) has a Piotroski F-Score of 1 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 iTonic Holdings Ltd's earnings high quality?
iTonic Holdings Ltd (ITOC) has an earnings quality ratio of 0.63x, considered low quality (accrual-driven). 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 iTonic Holdings Ltd?
iTonic Holdings Ltd (ITOC) scores 35 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.