Phoenix Asia Holdings Limited (PHOE) 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 Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for 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 PHOE SEC filings page.
Phoenix Asia Holdings Limited (PHOE) reported $7.2M in revenue for fiscal year 2026, down 2.2% from the prior fiscal year. This page shows its 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).
Revenue held near FY2025 levels, but sharply higher direct costs and overhead turned a profitable model into a cash-consuming operation.
FY2026 revenue declined2.2% while gross margin fell25.0 percentage points to4.6% , indicating that the deterioration came from cost structure, not simply weaker volume. Operating cash flow reached-$5.7M as accounts receivable rose to$4.6M , showing that reported earnings no longer translated into cash.
Gross margin fell to
The balance sheet became less liability-funded: liabilities fell
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 -16.8%, meaning the company loses $17 on every $100 of revenue. This results in a profitability score of 31/100. This is down from 17.6% the prior year.
Phoenix Asia Holdings Limited's revenue declined 2.2% year-over-year, from $7.4M to $7.2M. This contraction results in a growth score of 69/100.
With a current ratio of 5.46, Phoenix Asia Holdings Limited holds $5.46 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 93/100.
Phoenix Asia Holdings Limited posts a -19.5% return on equity (ROE), meaning it loses $20 for every $100 of shareholders' equity. This results in a returns score of 67/100. This is down from 33.0% the prior year.
Phoenix Asia Holdings Limited scores 168.45, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $324.0M against total liabilities of $1.2M. 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 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Phoenix Asia Holdings Limited reported a net loss of $1.2M while operations used $5.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Phoenix Asia Holdings Limited reported an operating loss of $1.2M against $2K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Phoenix Asia Holdings Limited generated $7.2M in revenue in fiscal year 2026. This represents a decrease of 2.2% from the prior year.
Phoenix Asia Holdings Limited's EBITDA was -$1.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 188.9% from the prior year.
Phoenix Asia Holdings Limited reported a net loss of $1.2M in fiscal year 2026. This represents a decrease of 217.0% from the prior year.
Phoenix Asia Holdings Limited earned -$0.06 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 200.0% from the prior year.
Cash & Balance Sheet
Phoenix Asia Holdings Limited held $893K in cash as of fiscal year 2026; no long-term debt figure is on record for that period.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Phoenix Asia Holdings Limited's gross margin was 4.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 25.0 percentage points from the prior year.
Phoenix Asia Holdings Limited's operating margin was -16.8% in fiscal year 2026, reflecting core business profitability. This is down 34.4 percentage points from the prior year.
Phoenix Asia Holdings Limited's net profit margin was -16.7% in fiscal year 2026, showing the share of revenue converted to profit. This is down 30.6 percentage points from the prior year.
Phoenix Asia Holdings Limited's ROE was -19.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 52.5 percentage points from the prior year.
Capital Allocation
None of these metrics is reported for fiscal year 2026.
PHOE 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 | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Revenue | $7.2M-2.2% | $7.4M+28.1% | $5.8M+158.3% | $2.2M |
| Cost of Revenue | $6.9M+32.4% | $5.2M+21.6% | $4.3M+156.8% | $1.7M |
| Gross Profit | $330K-84.8% | $2.2M+46.6% | $1.5M+162.6% | $565K |
| SG&A Expenses | $1.5M+75.3% | $878K+249.2% | $251K+33.4% | $188K |
| Operating Income | -$1.2M-193.2% | $1.3M+5.3% | $1.2M+227.2% | $377K |
| EBITDA | -$1.2M-188.9% | $1.3M+6.2% | $1.3M+214.3% | $398K |
| Interest Expense | $2K+238.5% | $733-10.6% | $820-27.9% | $1K |
| Income Tax | -$2K-100.9% | $271K+47.9% | $183K+349.1% | $41K |
| Net Income | -$1.2M-217.0% | $1.0M-2.9% | $1.1M+201.0% | $351K |
| EPS (Basic) | -$0.06-200.0% | $0.06-14.3% | $0.07+250.0% | $0.02 |
| EPS (Diluted) | -$0.06-200.0% | $0.06-14.3% | $0.07+250.0% | $0.02 |
| Diluted Shares (Avg) | 21M+18.6% | 18M+12.5% | 16M0.0% | 16M |
Not reported in any period shown, so not listed: R&D Expenses.
PHOE 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 | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Total Assets | $7.3M+36.4% | $5.4M+45.0% | $3.7M | N/A |
| Current Assets | $6.1M+21.4% | $5.0M+44.9% | $3.5M | N/A |
| Cash & Equivalents | $893K-62.4% | $2.4M+166.8% | $891K | N/A |
| Short-Term Investments | $0n/m | $0n/m | $0 | N/A |
| Accounts Receivable | $4.6M+183.1% | $1.6M-34.5% | $2.5M+3152.1% | $77K |
| Long-Term Investments | $0n/m | $0n/m | $0 | N/A |
| Total Liabilities | $1.2M-48.5% | $2.3M+13.2% | $2.0M | N/A |
| Current Liabilities | $1.1M-50.1% | $2.2M+13.8% | $2.0M | N/A |
| Non-Current Liabilities | $48K+137.2% | $20K-28.8% | $29K | N/A |
| Total Equity | $6.2M+98.0% | $3.1M+82.0% | $1.7M+162.1% | $652K |
| Retained Earnings | $1.5M-43.9% | $2.7M+60.1% | $1.7M | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
PHOE 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.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Operating Cash Flow | -$5.7M-585.2% | $1.2M+118.5% | $540Kn/m | -$57K |
| Depreciation & Amortization | $28K-7.8% | $31K+65.9% | $19K-13.0% | $21K |
| Capital Expenditures | N/A | $41K | N/A | $23K |
| Free Cash Flow | N/A | $1.1M | N/A | -$80K |
| Investing Cash Flow | N/A | -$41K-741.0% | $6Kn/m | -$23K |
| Financing Cash Flow | $4.2M+1125.1% | $346Kn/m | -$34Kn/m | -$9K |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
PHOE 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.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Gross Margin | 4.6%-25.0pp | 29.5%+3.7pp | 25.8%+0.4pp | 25.4% |
| Operating Margin | -16.8%-34.4pp | 17.6%-3.8pp | 21.4%+4.5pp | 16.9% |
| Net Margin | -16.7%-30.6pp | 13.9%-4.4pp | 18.4%+2.6pp | 15.8% |
| Return on Equity | -19.5%-52.5pp | 33.0%-28.8pp | 61.8%+8.0pp | 53.8% |
| Return on Assets | -16.4%-35.5pp | 19.1%-9.4pp | 28.5% | N/A |
| Current Ratio | 5.46+3.2x | 2.24+0.5x | 1.76 | N/A |
| Liabilities-to-Equity | 0.19-0.5x | 0.73-0.4x | 1.17 | N/A |
| Asset Turnover | 0.98-0.4x | 1.37-0.2x | 1.55 | N/A |
| FCF Margin | N/A | 15.5% | N/A | -3.6% |
Not reported in any period shown, so not listed: Debt-to-Equity.
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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Phoenix Asia Holdings Limited PHOE | FY2026 | $7.2M | -$1.2M | -16.7% | $324.0M | 69/100 |
| OneConstruction Group Limited ONEG | FY2026 | $49.4M | -$13.2M | -26.8% | $12.8M | 24/100 |
| Masonglory Limited MSGY | FY2026 | $23.6M | -$8.0M | -34.0% | $5.8M | 39/100 |
| Southland Holdings, Inc. SLND | FY2025 | $772.2M | -$306.5M | -39.7% | $40.3M | 19/100 |
| Energy Services of America Corporation ESOA | FY2025 | $411.0M | N/A | N/A | $172.8M | 49/100 |
Where Phoenix Asia Holdings Limited Ranks
Frequently Asked Questions
What is Phoenix Asia Holdings Limited's annual revenue?
Phoenix Asia Holdings Limited (PHOE) reported $7.2M in total revenue for fiscal year 2026. This represents a -2.2% 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 declined by 2.2% year-over-year, from $7.4M to $7.2M in fiscal year 2026.
Is Phoenix Asia Holdings Limited profitable?
No, Phoenix Asia Holdings Limited (PHOE) reported a net loss of $1.2M in fiscal year 2026, with a net profit margin of -16.7%.
What is Phoenix Asia Holdings Limited's EBITDA?
Phoenix Asia Holdings Limited (PHOE) had EBITDA of -$1.2M in fiscal year 2026, 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 4.6% in fiscal year 2026, 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 -16.8% in fiscal year 2026, 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 -16.7% in fiscal year 2026, 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 -19.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Phoenix Asia Holdings Limited's operating cash flow?
Phoenix Asia Holdings Limited (PHOE) recorded an outflow of $5.7M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Phoenix Asia Holdings Limited's total assets?
Phoenix Asia Holdings Limited (PHOE) had $7.3M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Phoenix Asia Holdings Limited's current ratio?
Phoenix Asia Holdings Limited (PHOE) had a current ratio of 5.46 as of fiscal year 2026, which is generally considered healthy.
What is Phoenix Asia Holdings Limited's liabilities-to-equity ratio?
Phoenix Asia Holdings Limited (PHOE) had a liabilities-to-equity ratio of 0.19 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
What is Phoenix Asia Holdings Limited's return on assets (ROA)?
Phoenix Asia Holdings Limited (PHOE) had a return on assets of -16.4% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Phoenix Asia Holdings Limited's P/E ratio?
Phoenix Asia Holdings Limited (PHOE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $324.0M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Phoenix Asia Holdings Limited's price-to-sales ratio?
Phoenix Asia Holdings Limited (PHOE) trades at 45.0x sales, its market capitalization divided by $7.2M revenue, FY2026. The market capitalization is $324.0M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Phoenix Asia Holdings Limited's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Phoenix Asia Holdings Limited (PHOE) held $893K in cash, cash equivalents and investments, and reported an operating cash outflow of $5.7M over that year. Dividing the one by the other, the reported balance equals about 2 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.
What is Phoenix Asia Holdings Limited's Altman Z-Score?
Phoenix Asia Holdings Limited (PHOE) has an Altman Z-Score of 168.45, 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 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 Phoenix Asia Holdings Limited's earnings high quality?
Phoenix Asia Holdings Limited (PHOE) reported a net loss of $1.2M while operations used $5.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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) reported an operating loss of $1.2M against $2K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 69 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average 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.