Eightco Holdings Ord Shs Financials

OCTO

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Eightco Holdings Ord Shs (OCTO) 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).

Financial Health Signals

Financial Profile 5/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Eightco Holdings Ord Shs has an operating margin of -20.7%, meaning the company retains $-21 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 -15.8% the prior year.

Growth

Eightco Holdings Ord Shs's revenue declined 41.4% year-over-year, from $67.6M to $39.6M. This contraction results in a growth score of 0/100.

Leverage

Eightco Holdings Ord Shs has elevated debt relative to equity (D/E of 3.30), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Eightco Holdings Ord Shs's current ratio of 0.42 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.

Returns

Eightco Holdings Ord Shs generates a 5.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 24/100.

Piotroski F-Score Neutral

4/9

Eightco Holdings Ord Shs passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

-9.37x

For every $1 of reported earnings, Eightco Holdings Ord Shs generates $-9.37 in operating cash flow (-$6.6M OCF vs $709K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-1.5x

Eightco Holdings Ord Shs earns $-1.5 in operating income for every $1 of interest expense (-$8.2M vs $5.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue

$39.6M

YoY-41.4%

Eightco Holdings Ord Shs generated $39.6M in revenue in fiscal year 2024. This represents a decrease of 41.4% from the prior year.

EBITDA

-$8.0M

YoY+23.5%

Eightco Holdings Ord Shs's EBITDA was -$8.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.5% from the prior year.

Free Cash Flow

N/A

Net Income

$709K

YoY+101.0%

Eightco Holdings Ord Shs reported $709K in net income in fiscal year 2024. This represents an increase of 101.0% from the prior year.

EPS (Diluted)

$0.36

YoY+101.5%

Eightco Holdings Ord Shs earned $0.36 per diluted share (EPS) in fiscal year 2024. This represents an increase of 101.5% from the prior year.

Cash & Debt

$239K

YoY-95.4%

Eightco Holdings Ord Shs held $239K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY+163.4%

Eightco Holdings Ord Shs had 2M shares outstanding in fiscal year 2024. This represents an increase of 163.4% from the prior year.

Gross Margin

15.1%

YoY+5.8pp

Eightco Holdings Ord Shs's gross margin was 15.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 5.8 percentage points from the prior year.

Operating Margin

-20.7%

YoY-4.9pp

Eightco Holdings Ord Shs's operating margin was -20.7% in fiscal year 2024, reflecting core business profitability. This is down 4.9 percentage points from the prior year.

Net Margin

1.8%

YoY+102.9pp

Eightco Holdings Ord Shs's net profit margin was 1.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 102.9 percentage points from the prior year.

Return on Equity

5.9%

Eightco Holdings Ord Shs's ROE was 5.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

OCTO Income Statement

Metric	FY24	FY23	FY22	FY21
Revenue	$39.6M-41.4%	$67.6M+112.3%	$31.8M+304.1%	$7.9M
Cost of Revenue	$33.6M-45.1%	$61.3M+106.9%	$29.6M+421.4%	$5.7M
Gross Profit	$6.0M-4.4%	$6.3M+185.3%	$2.2M+0.1%	$2.2M
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$12.8M-13.8%	$14.8M-9.7%	$16.4M+525.2%	$2.6M
Operating Income	-$8.2M+23.3%	-$10.7M+31.1%	-$15.5M-3495.6%	-$431K
Interest Expense	-$5.3M+54.2%	-$11.6M-16753.7%	$69K	$0
Income Tax	-$135K	N/A	-$173K-182.4%	$210K
Net Income	$709K+101.0%	-$68.3M-44.6%	-$47.3M-164305.7%	$29K
EPS (Diluted)	$0.36+101.5%	$-23.63+84.3%	$-150.95	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$5.3M-30.1%	$7.6M-23.6%	$9.9M-51.2%	$20.3M+284.6%	$5.3M-33.6%	$8.0M+2.1%	$7.8M-66.6%	$23.3M
Cost of Revenue	$5.5M-13.2%	$6.3M-30.4%	$9.1M-51.2%	$18.7M+371.2%	$4.0M-39.7%	$6.6M-23.9%	$8.6M-58.1%	$20.6M
Gross Profit	-$196K-115.7%	$1.2M+53.1%	$813K-51.1%	$1.7M+25.7%	$1.3M-4.7%	$1.4M+266.1%	-$836K-130.4%	$2.7M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.0M+144.8%	$2.5M+10.0%	$2.2M-45.3%	$4.1M+85.9%	$2.2M-29.9%	$3.1M+21.5%	$2.6M-20.7%	$3.2M
Operating Income	-$6.2M-413.7%	-$1.2M+14.8%	-$1.4M+41.3%	-$2.4M-177.7%	-$868K+72.5%	-$3.2M+14.7%	-$3.7M-437.8%	-$688K
Interest Expense	-$1.1M+14.2%	-$1.3M+0.9%	-$1.3M-3.9%	-$1.2M+6.3%	-$1.3M-10.4%	-$1.2M+89.9%	-$11.9M-7098.8%	$170K
Income Tax	N/A	N/A	-$29K	N/A	N/A	N/A	N/A	N/A
Net Income	-$25.8M-2109.8%	-$1.2M+54.1%	-$2.5M-1.8%	-$2.5M-156.3%	$4.4M+129.2%	$1.9M+131.5%	-$6.2M-78.5%	-$3.5M
EPS (Diluted)	$-0.58-52.6%	$-0.38+54.8%	$-0.84+41.7%	$-1.44-167.0%	$2.15+51.4%	$1.42	$25.02	$-4.96

OCTO Balance Sheet

Metric	FY24	FY23	FY22	FY21
Total Assets	$50.8M-8.2%	$55.4M-5.4%	$58.6M+319.2%	$14.0M
Current Assets	$12.5M-15.5%	$14.7M+4.7%	$14.1M+57.0%	$9.0M
Cash & Equivalents	$239K-95.4%	$5.2M-6.0%	$5.6M+512.4%	$911K
Inventory	$7.8M+31.3%	$6.0M+32.5%	$4.5M+3968.2%	$111K
Accounts Receivable	$1.6M+27.5%	$1.2M-1.2%	$1.3M+45.7%	$867K
Goodwill	$22.3M0.0%	$22.3M0.0%	$22.3M	N/A
Total Liabilities	$39.3M-34.2%	$59.8M+13.2%	$52.8M+347.1%	$11.8M
Current Liabilities	$29.8M-24.6%	$39.5M+184.0%	$13.9M+85.2%	$7.5M
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	$11.9M+403.3%	-$3.9M-164.2%	$6.1M+166.4%	$2.3M
Retained Earnings	-$112.6M+0.6%	-$113.3M-152.0%	-$45.0M-2054.5%	$2.3M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$355.5M+630.4%	$48.7M+2.2%	$47.6M-6.3%	$50.8M+5.1%	$48.4M-3.7%	$50.2M-9.3%	$55.4M-8.1%	$60.3M
Current Assets	$316.5M+3387.1%	$9.1M-7.6%	$9.8M-21.2%	$12.5M+52.5%	$8.2M-13.4%	$9.4M-36.0%	$14.7M-17.2%	$17.8M
Cash & Equivalents	$23.7M+3305.7%	$696K+60.3%	$434K+81.6%	$239K-34.1%	$363K-55.1%	$809K-84.6%	$5.2M+43.4%	$3.7M
Inventory	$5.3M-15.1%	$6.3M+2.0%	$6.2M-21.3%	$7.8M+63.9%	$4.8M-5.7%	$5.1M-15.1%	$6.0M-18.4%	$7.3M
Accounts Receivable	$255K-76.6%	$1.1M+77.1%	$614K-61.4%	$1.6M-24.1%	$2.1M-17.8%	$2.6M+104.5%	$1.2M-55.1%	$2.8M
Goodwill	$22.3M0.0%	$22.3M0.0%	$22.3M0.0%	$22.3M0.0%	$22.3M0.0%	$22.3M0.0%	$22.3M0.0%	$22.3M
Total Liabilities	$16.8M-58.3%	$40.2M+4.8%	$38.3M-2.5%	$39.3M+12.6%	$34.9M-25.3%	$46.8M-21.7%	$59.8M+3.8%	$57.6M
Current Liabilities	$16.8M-44.9%	$30.4M+6.0%	$28.7M-3.6%	$29.8M+15.5%	$25.8M-20.6%	$32.5M-17.7%	$39.5M+52.1%	$26.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$339.2M+3707.1%	$8.9M-8.3%	$9.7M-18.6%	$11.9M-13.8%	$13.8M+259.5%	$3.9M+197.9%	-$3.9M-229.2%	$3.0M
Retained Earnings	-$142.1M-22.2%	-$116.3M-1.0%	-$115.1M-2.3%	-$112.6M-5.3%	-$106.9M+4.0%	-$111.3M+1.7%	-$113.3M-5.8%	-$107.1M

OCTO Cash Flow Statement

Metric	FY24	FY23	FY22	FY21
Operating Cash Flow	-$6.6M-3.7%	-$6.4M+61.7%	-$16.7M-8380.2%	-$197K
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	-$70K+76.3%	-$295K-163.0%	$468K+112.6%	-$3.7M
Financing Cash Flow	$1.7M-73.3%	$6.4M-69.6%	$20.9M+351.1%	$4.6M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$49K	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$1.6M-145.7%	-$659K-165.9%	$1000K+118.0%	-$5.6M-1160.9%	-$440K+39.1%	-$723K-342.0%	$299K+129.1%	-$1.0M
Capital Expenditures	$0-100.0%	$2K+1206.4%	$157+103.4%	-$5K	N/A	N/A	N/A	$3K
Free Cash Flow	-$1.6M-145.0%	-$661K-166.1%	$1000K+1268.6%	$73K	N/A	N/A	N/A	-$1.0M
Investing Cash Flow	-$305.3M-69100.7%	$442K+1090.9%	-$45K-99.2%	-$22K	N/A	N/A	-$112K-23.9%	-$91K
Financing Cash Flow	$329.9M+68825.9%	$479K+163.0%	-$760K-122.3%	$3.4M+750204.8%	$454+100.0%	-$3.7M-364.9%	$1.4M+250.6%	$400K
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

OCTO Financial Ratios

Metric	FY24	FY23	FY22	FY21
Gross Margin	15.1%+5.8pp	9.3%+2.4pp	6.9%-20.9pp	27.8%
Operating Margin	-20.7%-4.9pp	-15.8%+32.9pp	-48.7%-43.3pp	-5.5%
Net Margin	1.8%+102.9pp	-101.1%+47.4pp	-148.5%-148.9pp	0.4%
Return on Equity	5.9%	N/A	N/A	1.3%
Return on Assets	1.4%+124.7pp	-123.3%-42.7pp	-80.6%-80.8pp	0.2%
Current Ratio	0.42+0.0	0.37-0.6	1.01-0.2	1.19
Debt-to-Equity	3.30+18.5	-15.19-23.8	8.61+3.5	5.13
FCF Margin	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	-3.7%-20.1pp	16.4%+8.2pp	8.2%+0.0pp	8.2%-16.9pp	25.1%+7.6pp	17.4%+28.2pp	-10.7%-22.5pp	11.8%
Operating Margin	-116.9%-101.0pp	-15.9%-1.6pp	-14.3%-2.4pp	-11.9%+4.6pp	-16.4%+23.2pp	-39.6%+7.8pp	-47.4%-44.5pp	-2.9%
Net Margin	-487.6%-472.1pp	-15.4%+10.3pp	-25.7%-13.4pp	-12.3%-96.5pp	84.2%+59.8pp	24.4%+103.4pp	-79.0%-64.2pp	-14.8%
Return on Equity	N/A	N/A	N/A	N/A	32.1%-18.3pp	50.4%	N/A	N/A
Return on Assets	-7.3%-4.9pp	-2.4%+2.9pp	-5.3%-0.4pp	-4.9%-14.1pp	9.2%+5.3pp	3.9%+15.0pp	-11.1%-5.4pp	-5.7%
Current Ratio	18.87+18.6	0.30-0.0	0.34-0.1	0.42+0.1	0.32+0.0	0.29-0.1	0.37-0.3	0.69
Debt-to-Equity	0.05-4.5	4.51+0.6	3.95+0.7	3.30+0.8	2.52-9.6	12.15+27.3	-15.19-34.1	18.91
FCF Margin	-30.6%-21.8pp	-8.7%-18.8pp	10.1%+8.9pp	1.2%	N/A	N/A	N/A	-4.4%

Note: The current ratio is below 1.0 (0.42), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Eightco Holdings Ord Shs's annual revenue?

Eightco Holdings Ord Shs (OCTO) reported $39.6M in total revenue for fiscal year 2024. This represents a -41.4% 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 Eightco Holdings Ord Shs's revenue growing?

Eightco Holdings Ord Shs (OCTO) revenue declined by 41.4% year-over-year, from $67.6M to $39.6M in fiscal year 2024.

Is Eightco Holdings Ord Shs profitable?

Yes, Eightco Holdings Ord Shs (OCTO) reported a net income of $709K in fiscal year 2024, with a net profit margin of 1.8%.

What is Eightco Holdings Ord Shs's earnings per share (EPS)?

Eightco Holdings Ord Shs (OCTO) reported diluted earnings per share of $0.36 for fiscal year 2024. This represents a 101.5% 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.

What is Eightco Holdings Ord Shs's EBITDA?

Eightco Holdings Ord Shs (OCTO) had EBITDA of -$8.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Eightco Holdings Ord Shs's gross margin?

Eightco Holdings Ord Shs (OCTO) had a gross margin of 15.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Eightco Holdings Ord Shs's operating margin?

Eightco Holdings Ord Shs (OCTO) had an operating margin of -20.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Eightco Holdings Ord Shs's net profit margin?

Eightco Holdings Ord Shs (OCTO) had a net profit margin of 1.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Eightco Holdings Ord Shs's return on equity (ROE)?

Eightco Holdings Ord Shs (OCTO) has a return on equity of 5.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Eightco Holdings Ord Shs's operating cash flow?

Eightco Holdings Ord Shs (OCTO) generated -$6.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Eightco Holdings Ord Shs's total assets?

Eightco Holdings Ord Shs (OCTO) had $50.8M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Eightco Holdings Ord Shs have outstanding?

Eightco Holdings Ord Shs (OCTO) had 2M shares outstanding as of fiscal year 2024.

What is Eightco Holdings Ord Shs's current ratio?

Eightco Holdings Ord Shs (OCTO) had a current ratio of 0.42 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Eightco Holdings Ord Shs's debt-to-equity ratio?

Eightco Holdings Ord Shs (OCTO) had a debt-to-equity ratio of 3.30 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Eightco Holdings Ord Shs's return on assets (ROA)?

Eightco Holdings Ord Shs (OCTO) had a return on assets of 1.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Eightco Holdings Ord Shs's cash runway?

Based on fiscal year 2024 data, Eightco Holdings Ord Shs (OCTO) had $239K in cash against an annual operating cash burn of $6.6M. This gives an estimated cash runway of approximately 0 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 Eightco Holdings Ord Shs's Piotroski F-Score?

Eightco Holdings Ord Shs (OCTO) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Eightco Holdings Ord Shs's earnings high quality?

Eightco Holdings Ord Shs (OCTO) has an earnings quality ratio of -9.37x, 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.

Can Eightco Holdings Ord Shs cover its interest payments?

Eightco Holdings Ord Shs (OCTO) has an interest coverage ratio of -1.5x, meaning it can struggle to 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.

How financially healthy is Eightco Holdings Ord Shs?

Eightco Holdings Ord Shs (OCTO) scores 5 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.