iWallet Corporation (IWAL) 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 Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IWAL SEC filings page.
iWallet Corporation (IWAL) reported $0 in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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).
FY2025 is defined by development spending and a liability-heavy balance sheet, leaving little operating scale for meaningful margin analysis.
R&D expense of$267K coincided with operating cash flow of-$53K and financing cash flow of$50K , indicating that reported activity was not funded by internally generated cash.
Total assets increased
A 0.0x current ratio and reported liquidity of 0 months indicate that short-term resources were absent relative to current obligations at year-end.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
We do not publish a peer-relative financial health score for iWallet Corporation, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
iWallet Corporation generated $0 in revenue in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
iWallet Corporation reported a net loss of $27K in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
iWallet Corporation held $0 in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
iWallet Corporation reported no research and development spending in Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
IWAL 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0n/m | $0n/m | N/A | $0n/m | $0n/m | $0n/m | N/A | $0n/m |
| Cost of Revenue | $0n/m | $0n/m | N/A | $0n/m | $0n/m | $0n/m | N/A | $0n/m |
| Gross Profit | $0n/m | $0n/m | N/A | $0n/m | $0n/m | $0n/m | N/A | $0n/m |
| R&D Expenses | $0 | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| SG&A Expenses | $14K | $24K+224.5% | N/A | N/A | N/A | $7K | N/A | $8K-5.2% |
| Operating Income | -$14K | -$24Kn/m | N/A | N/A | N/A | -$7K | N/A | -$8Kn/m |
| Income Tax | N/A | $0 | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$27K | -$37K | N/A | N/A | N/A | N/A | N/A | -$19K-3650.8% |
| EPS (Basic) | $0.00n/m | $0.00n/m | -$0.01n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m |
Not reported in any period shown, so not listed: EBITDA, Interest Expense, EPS (Diluted), Diluted Shares (Avg).
IWAL 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $67K+29450.4% | $74K+2127.7% | $80K+3193.8% | $229-94.9% | $226-85.9% | $3K+434.8% | $2K+56.2% | $4K+16.6% |
| Current Assets | $0-100.0% | $16-99.5% | $0-100.0% | $229-94.9% | $226-85.9% | $3K+434.8% | $2K+56.2% | $4K+16.6% |
| Cash & Equivalents | $0-100.0% | $16-99.5% | $0-100.0% | $229-94.9% | $226-85.9% | $3K+434.8% | $2K+56.2% | $4K+16.6% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $946K+54.1% | $926K+51.7% | $896K+51.7% | $694K+24.6% | $614K+12.5% | $610K+14.7% | $590K+14.5% | $557K+10.6% |
| Current Liabilities | $914K+48.9% | $886K+45.2% | $849K+43.7% | $694K+24.6% | $614K+12.5% | $610K+14.7% | $590K+14.5% | $557K+10.6% |
| Non-Current Liabilities | $32Kn/m | $40Kn/m | $47Kn/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Equity | -$879Kn/m | -$852Kn/m | -$816Kn/m | -$694Kn/m | -$614Kn/m | -$607Kn/m | -$588Kn/m | -$553Kn/m |
| Retained Earnings | -$6.8Mn/m | -$6.7Mn/m | -$6.7Mn/m | -$6.0Mn/m | -$5.8Mn/m | -$5.6Mn/m | -$5.6Mn/m | -$5.6Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
IWAL 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: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
IWAL 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, Debt-to-Equity, Liabilities-to-Equity, FCF Margin.
Note: Shareholder equity is negative (-$816K), which causes the debt-to-equity, liabilities-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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| iWallet Corporation IWAL | FY2025 | $0 | N/A | N/A | $1.3M | — |
| Defense Tech Intl CP DTII | FY2025 | $0 | N/A | N/A | $525K | — |
| Risk (George) Indus Inc A RSKIA | FY2026 | $24.9M | $11.4M | 45.8% | $103.6M | — |
Where iWallet Corporation Ranks
Frequently Asked Questions
iWallet Corporation (IWAL) reported $0 in total revenue for fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
iWallet Corporation (IWAL) recorded an outflow of $53K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
iWallet Corporation (IWAL) had $80K in total assets as of fiscal year 2025, including both current and long-term assets.
iWallet Corporation (IWAL) invested $267K in research and development during fiscal year 2025.
iWallet Corporation (IWAL) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
iWallet Corporation (IWAL) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $1.3M as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
iWallet Corporation (IWAL) has no price-to-sales ratio at the moment: revenue is not positive (FY2025). The market capitalization is $1.3M as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2025, iWallet Corporation (IWAL) held $0 in cash, cash equivalents and investments, and reported an operating cash outflow of $53K over that year. Dividing the one by the other, the reported balance equals about 0 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.
iWallet Corporation (IWAL) has negative shareholder equity of -$816K as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.