OSR Health Inc Financials
This page shows OSR Health Inc (OSRH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Recapitalized balance sheet but cash-hungry operations leave a large asset base supported by only $2.9M of revenue.
FY2025 flipped equity from-$8.3M to$127.0M , a dramatic repair in long-term balance-sheet posture. But the current ratio fell to 0.2x, so solvency improved faster than liquidity; the company looks less burdened by liabilities overall while still tight on near-term cash needs.
Revenue scale is still too small for the overhead base:
Cash conversion remained weak:
Financial Health Signals
Scored against operating companies 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 OSR Health 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.
OSR Health Inc has an operating margin of -631.0%, meaning the company retains $-631 of operating profit per $100 of revenue. This below-average margin results in a low score of 22/100, suggesting thin profitability after operating expenses. This is down from -331.2% the prior year.
OSR Health Inc's revenue declined 17.7% year-over-year, from $3.5M to $2.9M. This contraction results in a growth score of 6/100.
OSR Health Inc carries a low D/E ratio of 0.35, meaning only $0.35 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.
OSR Health Inc's current ratio of 0.16 is below the typical benchmark, resulting in a score of 1/100. This tight liquidity could limit financial flexibility if cash inflows slow.
OSR Health Inc's ROE of -21.3% shows moderate profitability relative to equity, earning a score of 36/100.
OSR Health Inc scores -0.52, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($16.0M) relative to total liabilities ($44.2M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
OSR Health Inc passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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, OSR Health Inc generates $0.16 in operating cash flow (-$4.3M OCF vs -$27.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
OSR Health Inc earns $-36.2 in operating income for every $1 of interest expense (-$18.3M vs $506K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
OSR Health Inc generated $2.9M in revenue in fiscal year 2025. This represents a decrease of 17.7% from the prior year.
OSR Health Inc's EBITDA was -$9.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 339.3% from the prior year.
OSR Health Inc reported -$27.1M in net income in fiscal year 2025. This represents a decrease of 1022.4% from the prior year.
Cash & Balance Sheet
OSR Health Inc held $1.7M in cash against $0 in long-term debt as of fiscal year 2025.
OSR Health Inc had 27M shares outstanding in fiscal year 2025.
Margins & Returns
OSR Health Inc's gross margin was 20.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.6 percentage points from the prior year.
OSR Health Inc's operating margin was -631.0% in fiscal year 2025, reflecting core business profitability. This is down 299.8 percentage points from the prior year.
OSR Health Inc's net profit margin was -931.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 862.9 percentage points from the prior year.
OSR Health Inc's ROE was -21.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
OSR Health Inc invested $318K in research and development in fiscal year 2025. This represents an increase of 97.6% from the prior year.
OSRH Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $484K+27.0% | $381K-39.3% | $628K-44.7% | $1.1M+49.2% | $761K-16.8% | $915K+11.2% | $823K-6.7% | $882K |
| Cost of Revenue | $324K+28.7% | $252K-31.3% | $366K-66.8% | $1.1M+86.1% | $593K-21.5% | $755K+17.3% | $644K-0.9% | $650K |
| Gross Profit | $160K+23.6% | $130K-50.4% | $262K+698.4% | $33K-80.6% | $169K+5.4% | $160K-10.6% | $179K-22.9% | $232K |
| R&D Expenses | $113K | N/A | N/A | N/A | $90K | N/A | N/A | N/A |
| SG&A Expenses | $3.8M-41.3% | $6.5M+60.3% | $4.1M-22.7% | $5.3M+70.5% | $3.1M+74.1% | $1.8M-52.7% | $3.7M+8.8% | $3.4M |
| Operating Income | -$3.7M+42.6% | -$6.4M-67.9% | -$3.8M+27.3% | -$5.2M-79.2% | -$2.9M-80.9% | -$1.6M+54.8% | -$3.6M-11.1% | -$3.2M |
| Interest Expense | $31K-92.4% | $409K+832.4% | $44K+18.8% | $37K+125.2% | $16K-59.1% | $40K+339.8% | $9K+340.3% | $2K |
| Income Tax | -$452K | N/A | -$1.3M | N/A | N/A | -$451K-222.9% | -$140K+85.7% | -$974K |
| Net Income | -$3.5M+52.1% | -$7.2M-126.8% | -$3.2M+38.9% | -$5.2M+54.1% | -$11.4M-463.4% | -$2.0M-775.6% | -$231K-137.4% | -$97K |
| EPS (Diluted) | $-0.08 | N/A | N/A | N/A | $-1.04 | N/A | $-0.06-200.0% | $-0.02 |
OSRH Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $172.2M+0.6% | $171.2M-3.4% | $177.3M-4.4% | $185.4M+6.2% | $174.6M-0.4% | $175.2M+737.4% | $20.9M+1.4% | $20.6M |
| Current Assets | $2.9M+3.8% | $2.8M-12.1% | $3.2M+11.4% | $2.9M-17.1% | $3.5M+49.0% | $2.3M+5773.8% | $40K-76.3% | $167K |
| Cash & Equivalents | $1.6M-7.9% | $1.7M-21.9% | $2.2M+37.4% | $1.6M-0.7% | $1.6M+367.2% | $342K+2691.3% | $12K-89.7% | $119K |
| Inventory | $462K+135.4% | $196K+6.1% | $185K-6.9% | $199K-73.0% | $737K-20.1% | $922K | N/A | N/A |
| Accounts Receivable | $261K-18.1% | $319K-34.7% | $489K-34.1% | $743K-6.5% | $795K-12.2% | $904K | N/A | N/A |
| Goodwill | $29.7M+19.2% | $24.9M-2.3% | $25.5M-3.3% | $26.4M+8.1% | $24.4M+0.2% | $24.4M | N/A | N/A |
| Total Liabilities | $44.8M+1.3% | $44.2M+2.5% | $43.1M-6.8% | $46.3M+9.4% | $42.3M-77.0% | $183.6M+588.1% | $26.7M+4.5% | $25.5M |
| Current Liabilities | $17.9M+4.3% | $17.2M+14.2% | $15.0M-5.2% | $15.9M+14.2% | $13.9M+300.9% | $3.5M-12.1% | $3.9M+15.3% | $3.4M |
| Long-Term Debt | $273K | N/A | $0 | N/A | $253K-49.1% | $498K | N/A | N/A |
| Total Equity | $127.4M+0.3% | $127.0M-5.3% | $134.2M-3.6% | $139.2M+5.2% | $132.3M+1687.4% | -$8.3M-44.8% | -$5.8M-17.3% | -$4.9M |
| Retained Earnings | -$40.1M-7.9% | -$37.2M-15.0% | -$32.3M-7.1% | -$30.2M+1.3% | -$30.6M-59.4% | -$19.2M-233.2% | -$5.8M-17.3% | -$4.9M |
OSRH Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.0M+6.4% | -$1.1M+60.5% | -$2.7M-461.8% | -$483K-653.3% | -$64K+64.6% | -$181K+73.6% | -$686K-42.1% | -$483K |
| 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 | $12K+100.5% | -$2.6M-254.2% | -$727K-37.5% | -$528K-144.6% | $1.2M+731.3% | -$188K-176.6% | $245K+11.7% | $220K |
| Financing Cash Flow | $942K-70.7% | $3.2M-22.0% | $4.1M+361.7% | $891K+496.8% | $149K-53.5% | $322K-4.9% | $338K+30.9% | $258K |
| 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 | $19.2M | $0 | N/A |
OSRH Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 33.1%-0.9pp | 34.0%-7.7pp | 41.7%+38.8pp | 2.9%-19.3pp | 22.2%+4.7pp | 17.5%-4.3pp | 21.8%-4.6pp | 26.4% |
| Operating Margin | -757.6%+917.2pp | -1674.8%-1068.9pp | -605.9%-145.4pp | -460.5%-77.2pp | -383.3%-207.0pp | -176.2%+257.1pp | -433.4%-69.3pp | -364.0% |
| Net Margin | -716.3%+1184.1pp | -1900.4%-1391.5pp | -508.9%-48.8pp | -460.2%+1036.4pp | -1496.5%-1275.6pp | -220.9%-192.9pp | -28.1%-17.0pp | -11.0% |
| Return on Equity | -2.7%+3.0pp | -5.7%-3.3pp | -2.4%+1.4pp | -3.8%+4.8pp | -8.6% | N/A | N/A | N/A |
| Return on Assets | -2.0%+2.2pp | -4.2%-2.4pp | -1.8%+1.0pp | -2.8%+3.7pp | -6.5%-5.4pp | -1.1%-0.1pp | -1.1%-0.6pp | -0.5% |
| Current Ratio | 0.160.0 | 0.16-0.0 | 0.21+0.0 | 0.18-0.1 | 0.25-0.4 | 0.67+0.7 | 0.01-0.0 | 0.05 |
| Debt-to-Equity | 0.00-0.3 | 0.35+0.3 | 0.00-0.3 | 0.33+0.3 | 0.00 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.16), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is OSR Health Inc's annual revenue?
OSR Health Inc (OSRH) reported $2.9M in total revenue for fiscal year 2025. This represents a -17.7% 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 OSR Health Inc's revenue growing?
OSR Health Inc (OSRH) revenue declined by 17.7% year-over-year, from $3.5M to $2.9M in fiscal year 2025.
Is OSR Health Inc profitable?
No, OSR Health Inc (OSRH) reported a net income of -$27.1M in fiscal year 2025, with a net profit margin of -931.2%.
What is OSR Health Inc's EBITDA?
OSR Health Inc (OSRH) had EBITDA of -$9.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is OSR Health Inc's gross margin?
OSR Health Inc (OSRH) had a gross margin of 20.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is OSR Health Inc's operating margin?
OSR Health Inc (OSRH) had an operating margin of -631.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is OSR Health Inc's net profit margin?
OSR Health Inc (OSRH) had a net profit margin of -931.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is OSR Health Inc's return on equity (ROE)?
OSR Health Inc (OSRH) has a return on equity of -21.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is OSR Health Inc's operating cash flow?
OSR Health Inc (OSRH) generated -$4.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are OSR Health Inc's total assets?
OSR Health Inc (OSRH) had $171.2M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does OSR Health Inc spend on research and development?
OSR Health Inc (OSRH) invested $318K in research and development during fiscal year 2025.
What is OSR Health Inc's current ratio?
OSR Health Inc (OSRH) had a current ratio of 0.16 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is OSR Health Inc's debt-to-equity ratio?
OSR Health Inc (OSRH) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is OSR Health Inc's return on assets (ROA)?
OSR Health Inc (OSRH) had a return on assets of -15.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is OSR Health Inc's cash runway?
Based on fiscal year 2025 data, OSR Health Inc (OSRH) had $1.7M in cash against an annual operating cash burn of $4.3M. This gives an estimated cash runway of approximately 5 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 OSR Health Inc's Altman Z-Score?
OSR Health Inc (OSRH) has an Altman Z-Score of -0.52, placing it in the Distress Zone (elevated 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.
What is OSR Health Inc's Piotroski F-Score?
OSR Health Inc (OSRH) has a Piotroski F-Score of 1 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.
Are OSR Health Inc's earnings high quality?
OSR Health Inc (OSRH) has an earnings quality ratio of 0.16x, 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 OSR Health Inc cover its interest payments?
OSR Health Inc (OSRH) has an interest coverage ratio of -36.2x, 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 OSR Health Inc?
OSR Health Inc (OSRH) scores 22 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), 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.