Investcorp AI Financials
This page shows Investcorp AI (IVAUF) 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).
Financial Health Signals
Based on FY2024 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 Investcorp AI'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.
Investcorp AI's current ratio of 0.20 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Investcorp AI passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Investcorp AI generates $-0.32 in operating cash flow (-$734K OCF vs $2.3M 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
Investcorp AI reported $2.3M in net income in fiscal year 2024. This represents a decrease of 73.8% from the prior year.
Cash & Balance Sheet
Investcorp AI held $1.0M in cash against $0 in long-term debt as of fiscal year 2024.
Margins & Returns
Capital Allocation
IVAUF Income Statement
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$313K-11.0% | -$282K | N/A | -$615K-92.6% | -$319K-64.4% | -$194K | N/A | -$462K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$512K-419.2% | -$99K | N/A | -$229K-113.6% | $1.7M+402.6% | $335K | N/A | $1.2M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
IVAUF Balance Sheet
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.5M-91.4% | $18.1M-2.4% | $18.6M+7.5% | $17.2M-84.6% | $111.8M+1.7% | $109.9M+1.3% | $108.5M+1.7% | $106.7M |
| Current Assets | $1.1M+333.3% | $248K-76.0% | $1.0M+1187.5% | $80K-75.4% | $325K+100.8% | $162K-65.4% | $469K+34.7% | $348K |
| Cash & Equivalents | $977K+429.4% | $185K-82.1% | $1.0M+1310.6% | $73K-73.2% | $273K+186.6% | $95K-65.6% | $277K+810.0% | $30K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.3M-68.5% | $23.2M-0.1% | $23.2M+5.0% | $22.1M-80.8% | $115.2M+1.7% | $113.3M+2.5% | $110.6M+1.3% | $109.1M |
| Current Liabilities | $6.0M+24.9% | $4.8M-6.9% | $5.1M+60.1% | $3.2M+21.6% | $2.6M+42.3% | $1.9M+11.2% | $1.7M+114.5% | $776K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$5.8M-12.8% | -$5.1M-9.2% | -$4.7M+3.9% | -$4.9M-40.2% | -$3.5M-1.1% | -$3.4M-66.1% | -$2.1M+16.0% | -$2.5M |
| Retained Earnings | -$5.8M-12.8% | -$5.1M-9.2% | -$4.7M+3.9% | -$4.9M-40.2% | -$3.5M-1.1% | -$3.4M-66.1% | -$2.1M+16.0% | -$2.5M |
IVAUF Cash Flow Statement
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$254K+70.1% | -$848K-1575.8% | -$51K+74.7% | -$200K+34.0% | -$302K-66.5% | -$182K-238.6% | -$54K+33.6% | -$81K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | -$150K0.0% | -$150K | N/A | -$300K0.0% | -$300K0.0% | -$300K-100.2% | $172.6M |
| Financing Cash Flow | N/A | $150K-87.1% | $1.2M | N/A | $780K+160.0% | $300K-50.0% | $600K+100.3% | -$172.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | $0 | N/A | N/A | N/A | $0 | N/A |
IVAUF Financial Ratios
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -33.0%-32.5pp | -0.5% | N/A | -1.3%-2.8pp | 1.5%+1.2pp | 0.3% | N/A | 1.1% |
| Current Ratio | 0.18+0.1 | 0.05-0.1 | 0.20+0.2 | 0.03-0.1 | 0.12+0.0 | 0.09-0.2 | 0.28-0.2 | 0.45 |
| Debt-to-Equity | -1.27+3.3 | -4.54+0.4 | -4.97-0.4 | -4.55+28.7 | -33.22-0.2 | -33.04+20.5 | -53.54-9.2 | -44.37 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$4.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.20), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Investcorp AI profitable?
Yes, Investcorp AI (IVAUF) reported a net income of $2.3M in fiscal year 2024.
What is Investcorp AI's operating cash flow?
Investcorp AI (IVAUF) generated -$734K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Investcorp AI's total assets?
Investcorp AI (IVAUF) had $18.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Investcorp AI's current ratio?
Investcorp AI (IVAUF) had a current ratio of 0.20 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Investcorp AI's debt-to-equity ratio?
Investcorp AI (IVAUF) had a debt-to-equity ratio of -4.97 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Investcorp AI's return on assets (ROA)?
Investcorp AI (IVAUF) had a return on assets of 12.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Investcorp AI's cash runway?
Based on fiscal year 2024 data, Investcorp AI (IVAUF) had $1.0M in cash against an annual operating cash burn of $734K. This gives an estimated cash runway of approximately 17 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.
Why is Investcorp AI's debt-to-equity ratio negative or unusual?
Investcorp AI (IVAUF) has negative shareholder equity of -$4.7M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Investcorp AI's Piotroski F-Score?
Investcorp AI (IVAUF) has a Piotroski F-Score of 2 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 Investcorp AI's earnings high quality?
Investcorp AI (IVAUF) has an earnings quality ratio of -0.32x, 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 Investcorp AI?
Investcorp AI (IVAUF) scores 0 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.