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Linkhome Holdings Inc. Financials

LHAI
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Linkhome Holdings Inc. (LHAI) 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).

Rhea AI LHAI FY2025

Revenue growth came with a sharp margin reset, while the enlarged balance sheet was funded mainly by new financing.

Between FY2024 and FY2025, revenue nearly tripled but gross margin fell from 19.3% to 3.7%, showing that added volume arrived at far lower unit economics. At the same time, operating cash flow slipped to $524K while financing inflows reached $5.8M, so the much larger cash position was built externally rather than earned through the new sales base.

With $7.0M of cash and only $2.4M of total liabilities, the immediate issue is profitability rather than solvency; the company has balance-sheet capacity to absorb a weak-margin year without relying on heavy debt.

FY2025 was not obviously a slow-collection story: accounts receivable were just $110K against $21.0M of revenue, which suggests the gap between sales growth and cash generation came more from thin economics than from customers failing to pay.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

FFO Margin FFO Growth Leverage Interest Cov. AFFO Margin Dividend Cov. 27 / 100
Financial Health Score 27/100
Scored as: REITs peer group

Scored against REITs for FY2025. 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 Linkhome Holdings Inc.'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.

FFO Margin
19
FFO Growth
17
Interest Cov.
100
AFFO Margin
25
Altman Z-Score Safe
6.34

Linkhome Holdings Inc. scores 6.34, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($13.6M) relative to total liabilities ($2.4M). 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.

Piotroski F-Score Partial
3/8

Linkhome Holdings Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed
7.00x

For every $1 of reported earnings, Linkhome Holdings Inc. generates $7.00 in operating cash flow ($524K OCF vs $75K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
30.2x

Linkhome Holdings Inc. earns $30.2 in operating income for every $1 of interest expense ($76K vs $3K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$21.0M
YoY+175.7%

Linkhome Holdings Inc. generated $21.0M in revenue in fiscal year 2025. This represents an increase of 175.7% from the prior year.

EBITDA
$123K
YoY-88.9%

Linkhome Holdings Inc.'s EBITDA was $123K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 88.9% from the prior year.

Net Income
$75K
YoY-90.4%

Linkhome Holdings Inc. reported $75K in net income in fiscal year 2025. This represents a decrease of 90.4% from the prior year.

EPS (Diluted)
$0.00
YoY-100.0%

Linkhome Holdings Inc. earned $0.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 100.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$7.0M
YoY+320.1%

Linkhome Holdings Inc. held $7.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
16M
YoY+11.9%

Linkhome Holdings Inc. had 16M shares outstanding in fiscal year 2025. This represents an increase of 11.9% from the prior year.

Margins & Returns

Gross Margin
3.7%
YoY-15.6pp

Linkhome Holdings Inc.'s gross margin was 3.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 15.6 percentage points from the prior year.

Operating Margin
0.4%
YoY-14.0pp

Linkhome Holdings Inc.'s operating margin was 0.4% in fiscal year 2025, reflecting core business profitability. This is down 14.0 percentage points from the prior year.

Net Margin
0.4%
YoY-9.9pp

Linkhome Holdings Inc.'s net profit margin was 0.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 9.9 percentage points from the prior year.

Return on Equity
1.0%
YoY-30.8pp

Linkhome Holdings Inc.'s ROE was 1.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 30.8 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

LHAI Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $4.9M-3.4% $5.1M-6.1% $5.4M+12.7% $4.8M-15.9% $5.7M+135.1% $2.4M+33.2% $1.8M-17.9% $2.2M
Cost of Revenue $4.7M-3.3% $4.9M-6.1% $5.2M+10.9% $4.7M-13.9% $5.4M+238.2% $1.6M+3.7% $1.6M-24.8% $2.1M
Gross Profit $186K-4.8% $195K-5.2% $206K+88.1% $110K-58.2% $262K-55.0% $583K+15.4% $505K+225.8% $155K
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $393K+53.2% $257K+31.0% $196K+120.8% $89K-26.5% $121K+254.3% $34K-63.4% $93K+11.6% $84K
Operating Income -$214K-205.8% -$70K-843.7% $9K-29.0% $13K-89.3% $124K-77.3% $545K+35.6% $402K+477.1% $70K
Interest Expense $546-6.2% $582-5.5% $616-4.8% $647-5.1% $682-3.9% $710-4.2% $741-3.8% $770
Income Tax -$32K-822.0% $4K-51.3% $9K+40.2% $6K-79.5% $31K-77.8% $141K+20.1% $118K+562.4% $18K
Net Income -$135K-577.8% -$20K-6414.1% -$305-102.1% $14K-82.1% $81K-80.0% $403K+41.8% $284K+458.3% $51K
EPS (Diluted) $-0.01 N/A N/A N/A $0.01 N/A N/A N/A

LHAI Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $8.2M-17.9% $10.0M+16.1% $8.6M+142.9% $3.6M+3.5% $3.4M0.0% $3.4M+17.0% $2.9M N/A
Current Assets $5.4M-23.8% $7.1M+12.3% $6.4M+83.1% $3.5M+4.1% $3.3M+0.5% $3.3M+18.3% $2.8M N/A
Cash & Equivalents $3.5M-50.5% $7.0M+91.6% $3.7M+43.2% $2.6M+337.8% $584K-65.0% $1.7M+132.7% $718K-56.8% $1.7M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $28K-74.6% $110K+892.0% $11K N/A $1.8M+9999.1% $18K-98.8% $1.5M N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $719K-69.7% $2.4M+67.1% $1.4M+41.3% $1.0M+11.8% $900K-8.2% $980K+10.9% $884K N/A
Current Liabilities $457K-78.1% $2.1M+89.7% $1.1M+12.7% $974K+12.5% $866K-8.3% $944K+11.6% $846K N/A
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $7.5M-1.8% $7.6M+6.1% $7.2M+183.1% $2.5M+0.6% $2.5M+3.3% $2.4M+19.7% $2.0M+19.5% $1.7M
Retained Earnings $1.1M-10.9% $1.2M-1.6% $1.3M0.0% $1.3M+1.2% $1.2M+7.0% $1.2M+53.3% $756K N/A

LHAI Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow -$3.3M-216.6% $2.8M+190.9% -$3.1M-287.9% $1.7M+295.7% -$845K-149.7% $1.7M+271.1% -$994K-3611.4% $28K
Capital Expenditures N/A N/A N/A $4.7M+411.1% $916K N/A -$1.5M-176.9% $2.0M
Free Cash Flow N/A N/A N/A -$3.0M-71.9% -$1.8M N/A -$2.5M-29.2% -$1.9M
Investing Cash Flow -$252K+59.3% -$620K-103.2% -$305K-328.8% $133K+198.1% -$136K-12852.4% -$1K $0 $0
Financing Cash Flow -$2K-100.2% $1.2M-74.5% $4.5M+2324.5% $186K+275.8% -$106K+85.8% -$746K-1561.2% $51K-46.3% $95K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

LHAI Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 3.8%-0.1pp 3.9%+0.0pp 3.8%+1.5pp 2.3%-2.3pp 4.6%-19.4pp 24.0%-3.7pp 27.7%+20.7pp 7.0%
Operating Margin -4.4%-3.0pp -1.4%-1.6pp 0.2%-0.1pp 0.3%-1.9pp 2.2%-20.3pp 22.4%+0.4pp 22.0%+18.9pp 3.1%
Net Margin -2.7%-2.4pp -0.4%-0.4pp -0.0%-0.3pp 0.3%-1.1pp 1.4%-15.2pp 16.6%+1.0pp 15.6%+13.3pp 2.3%
Return on Equity -1.8%-1.5pp -0.3%-0.3pp 0.0%-0.6pp 0.6%-2.6pp 3.2%-13.3pp 16.4%+2.6pp 13.9%+10.9pp 3.0%
Return on Assets -1.6%-1.4pp -0.2%-0.2pp 0.0%-0.4pp 0.4%-1.9pp 2.4%-9.4pp 11.8%+2.1pp 9.7% N/A
Current Ratio 11.92+8.5 3.43-2.4 5.80+2.2 3.57-0.3 3.85+0.3 3.52+0.2 3.32 N/A
Debt-to-Equity 0.10-0.2 0.31+0.1 0.20-0.2 0.40+0.0 0.36-0.0 0.40-0.0 0.43 N/A
FCF Margin N/A N/A N/A -63.1%-32.2pp -30.8% N/A -137.6%-50.2pp -87.4%

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Frequently Asked Questions

Linkhome Holdings Inc. (LHAI) reported $21.0M in total revenue for fiscal year 2025. This represents a 175.7% 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.

Linkhome Holdings Inc. (LHAI) revenue grew by 175.7% year-over-year, from $7.6M to $21.0M in fiscal year 2025.

Yes, Linkhome Holdings Inc. (LHAI) reported a net income of $75K in fiscal year 2025, with a net profit margin of 0.4%.

Linkhome Holdings Inc. (LHAI) reported diluted earnings per share of $0.00 for fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Linkhome Holdings Inc. (LHAI) had EBITDA of $123K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Linkhome Holdings Inc. (LHAI) had a gross margin of 3.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Linkhome Holdings Inc. (LHAI) had an operating margin of 0.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Linkhome Holdings Inc. (LHAI) had a net profit margin of 0.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Linkhome Holdings Inc. (LHAI) has a return on equity of 1.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Linkhome Holdings Inc. (LHAI) generated $524K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Linkhome Holdings Inc. (LHAI) had $10.0M in total assets as of fiscal year 2025, including both current and long-term assets.

Linkhome Holdings Inc. (LHAI) had 16M shares outstanding as of fiscal year 2025.

Linkhome Holdings Inc. (LHAI) had a current ratio of 3.43 as of fiscal year 2025, which is generally considered healthy.

Linkhome Holdings Inc. (LHAI) had a debt-to-equity ratio of 0.31 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Linkhome Holdings Inc. (LHAI) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Linkhome Holdings Inc. (LHAI) has an Altman Z-Score of 6.34, 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.

Linkhome Holdings Inc. (LHAI) has a Piotroski F-Score of 3 out of 8 computable signals; 1 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.

Linkhome Holdings Inc. (LHAI) has an earnings quality ratio of 7.00x, considered cash-backed (high quality). 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.

Linkhome Holdings Inc. (LHAI) has an interest coverage ratio of 30.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Linkhome Holdings Inc. (LHAI) scores 27 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), 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.

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