Phoenix Asia Holdings Limited Financials
This page shows Phoenix Asia Holdings Limited (PHOE) 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).
Earnings quality improved as profit stopped outrunning cash, turning a receivables-heavy model into one that actually accumulates liquidity.
The most important shift across FY2023-FY2025 is cash conversion: the company went from positive earnings but negative operating cash flow to$1.18M of operating cash flow in FY2025 while net income stayed near$1.03M . That suggests the earlier growth phase tied up cash in working capital, whereas FY2025 released cash from receivables even as higher overhead prevented gross-margin gains from fully reaching net margin.
FY2025 shows a margin split: gross margin expanded to
The balance sheet looks more self-funded than a year earlier: cash climbed to
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 Phoenix Asia Holdings Limited'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.
Phoenix Asia Holdings Limited has an operating margin of 17.6%, meaning the company retains $18 of operating profit per $100 of revenue. This strong profitability earns a score of 87/100, reflecting efficient cost management and pricing power. This is down from 21.4% the prior year.
Phoenix Asia Holdings Limited's revenue surged 28.1% year-over-year to $7.4M, reflecting rapid business expansion. This strong growth earns a score of 97/100.
Phoenix Asia Holdings Limited has a moderate D/E ratio of 0.73. This balance of debt and equity financing earns a leverage score of 53/100.
Phoenix Asia Holdings Limited's current ratio of 2.24 indicates adequate short-term liquidity, earning a score of 64/100. The company can meet its near-term obligations, though with limited headroom.
Phoenix Asia Holdings Limited converts 15.5% of revenue into free cash flow ($1.1M). This strong cash generation earns a score of 67/100.
Phoenix Asia Holdings Limited earns a strong 33.0% return on equity (ROE), meaning it generates $33 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 91/100. This is down from 61.8% the prior year.
Phoenix Asia Holdings Limited scores 183.14, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($676.5M) relative to total liabilities ($2.3M). 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.
Phoenix Asia Holdings Limited passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Phoenix Asia Holdings Limited generates $1.15 in operating cash flow ($1.2M OCF vs $1.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Phoenix Asia Holdings Limited earns $1770.3 in operating income for every $1 of interest expense ($1.3M vs $733). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Phoenix Asia Holdings Limited generated $7.4M in revenue in fiscal year 2025. This represents an increase of 28.1% from the prior year.
Phoenix Asia Holdings Limited's EBITDA was $1.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.2% from the prior year.
Phoenix Asia Holdings Limited reported $1.0M in net income in fiscal year 2025. This represents a decrease of 2.9% from the prior year.
Phoenix Asia Holdings Limited earned $0.06 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 14.3% from the prior year.
Cash & Balance Sheet
Phoenix Asia Holdings Limited generated $1.1M in free cash flow in fiscal year 2025, representing cash available after capex.
Phoenix Asia Holdings Limited held $2.4M in cash against $0 in long-term debt as of fiscal year 2025.
Phoenix Asia Holdings Limited had 20M shares outstanding in fiscal year 2025. This represents an increase of 24.2% from the prior year.
Margins & Returns
Phoenix Asia Holdings Limited's gross margin was 29.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.7 percentage points from the prior year.
Phoenix Asia Holdings Limited's operating margin was 17.6% in fiscal year 2025, reflecting core business profitability. This is down 3.8 percentage points from the prior year.
Phoenix Asia Holdings Limited's net profit margin was 13.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.4 percentage points from the prior year.
Phoenix Asia Holdings Limited's ROE was 33.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 28.8 percentage points from the prior year.
Capital Allocation
Phoenix Asia Holdings Limited invested $41K in capex in fiscal year 2025, funding long-term assets and infrastructure.
PHOE Income Statement
| Metric | Q2'26 | Q4'25 | Q4'24 |
|---|---|---|---|
| Revenue | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A |
PHOE Balance Sheet
| Metric | Q2'26 | Q4'25 | Q4'24 |
|---|---|---|---|
| Total Assets | $8.7M+62.0% | $5.4M+45.0% | $3.7M |
| Current Assets | $8.3M+65.8% | $5.0M+44.9% | $3.5M |
| Cash & Equivalents | $1.5M-36.0% | $2.4M+166.8% | $891K |
| Inventory | N/A | N/A | N/A |
| Accounts Receivable | $5.2M+217.4% | $1.6M-34.5% | $2.5M |
| Goodwill | N/A | N/A | N/A |
| Total Liabilities | $1.2M-46.8% | $2.3M+13.2% | $2.0M |
| Current Liabilities | $1.2M-47.1% | $2.2M+13.8% | $2.0M |
| Long-Term Debt | N/A | N/A | N/A |
| Total Equity | $7.5M+141.0% | $3.1M+82.0% | $1.7M |
| Retained Earnings | $2.9M+7.3% | $2.7M+60.1% | $1.7M |
PHOE Cash Flow Statement
| Metric | Q2'26 | Q4'25 | Q4'24 |
|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A |
PHOE Financial Ratios
| Metric | Q2'26 | Q4'25 | Q4'24 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A |
| Current Ratio | 7.02+4.8 | 2.24+0.5 | 1.76 |
| Debt-to-Equity | 0.16-0.6 | 0.73-0.4 | 1.17 |
| FCF Margin | N/A | N/A | N/A |
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Frequently Asked Questions
What is Phoenix Asia Holdings Limited's annual revenue?
Phoenix Asia Holdings Limited (PHOE) reported $7.4M in total revenue for fiscal year 2025. This represents a 28.1% 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 Phoenix Asia Holdings Limited's revenue growing?
Phoenix Asia Holdings Limited (PHOE) revenue grew by 28.1% year-over-year, from $5.8M to $7.4M in fiscal year 2025.
Is Phoenix Asia Holdings Limited profitable?
Yes, Phoenix Asia Holdings Limited (PHOE) reported a net income of $1.0M in fiscal year 2025, with a net profit margin of 13.9%.
What is Phoenix Asia Holdings Limited's EBITDA?
Phoenix Asia Holdings Limited (PHOE) had EBITDA of $1.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Phoenix Asia Holdings Limited's gross margin?
Phoenix Asia Holdings Limited (PHOE) had a gross margin of 29.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Phoenix Asia Holdings Limited's operating margin?
Phoenix Asia Holdings Limited (PHOE) had an operating margin of 17.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Phoenix Asia Holdings Limited's net profit margin?
Phoenix Asia Holdings Limited (PHOE) had a net profit margin of 13.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Phoenix Asia Holdings Limited's return on equity (ROE)?
Phoenix Asia Holdings Limited (PHOE) has a return on equity of 33.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Phoenix Asia Holdings Limited's free cash flow?
Phoenix Asia Holdings Limited (PHOE) generated $1.1M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Phoenix Asia Holdings Limited's operating cash flow?
Phoenix Asia Holdings Limited (PHOE) generated $1.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Phoenix Asia Holdings Limited's total assets?
Phoenix Asia Holdings Limited (PHOE) had $5.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Phoenix Asia Holdings Limited's capital expenditures?
Phoenix Asia Holdings Limited (PHOE) invested $41K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Phoenix Asia Holdings Limited's current ratio?
Phoenix Asia Holdings Limited (PHOE) had a current ratio of 2.24 as of fiscal year 2025, which is generally considered healthy.
What is Phoenix Asia Holdings Limited's debt-to-equity ratio?
Phoenix Asia Holdings Limited (PHOE) had a debt-to-equity ratio of 0.73 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Phoenix Asia Holdings Limited's return on assets (ROA)?
Phoenix Asia Holdings Limited (PHOE) had a return on assets of 19.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Phoenix Asia Holdings Limited's Altman Z-Score?
Phoenix Asia Holdings Limited (PHOE) has an Altman Z-Score of 183.14, 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.
What is Phoenix Asia Holdings Limited's Piotroski F-Score?
Phoenix Asia Holdings Limited (PHOE) has a Piotroski F-Score of 5 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 Phoenix Asia Holdings Limited's earnings high quality?
Phoenix Asia Holdings Limited (PHOE) has an earnings quality ratio of 1.15x, 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.
Can Phoenix Asia Holdings Limited cover its interest payments?
Phoenix Asia Holdings Limited (PHOE) has an interest coverage ratio of 1770.3x, 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.
How financially healthy is Phoenix Asia Holdings Limited?
Phoenix Asia Holdings Limited (PHOE) scores 77 out of 100 on our Financial Health Score, indicating strong 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.