PHXE-P Financials
This page shows PHXE-P (PHXE-P) 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).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
PHXE-P has an operating margin of 25.6%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 79/100, reflecting efficient cost management and pricing power. This is down from 25.7% the prior year.
PHXE-P's revenue surged 144.4% year-over-year to $687.2M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
PHXE-P has elevated debt relative to equity (D/E of 15.80), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
PHXE-P's current ratio of 0.41 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 2/100, which could limit financial flexibility.
PHXE-P earns a strong 84.5% return on equity (ROE), meaning it generates $85 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
PHXE-P passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, PHXE-P generates $4.55 in operating cash flow ($301.1M OCF vs $66.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
PHXE-P earns $1.1 in operating income for every $1 of interest expense ($175.6M vs $161.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
PHXE-P generated $687.2M in revenue in fiscal year 2025. This represents an increase of 144.4% from the prior year.
PHXE-P's EBITDA was $353.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 123.2% from the prior year.
PHXE-P reported $66.1M in net income in fiscal year 2025. This represents an increase of 366.6% from the prior year.
Cash & Balance Sheet
PHXE-P held $65.8M in cash against $1.2B in long-term debt as of fiscal year 2025.
Margins & Returns
PHXE-P's gross margin was 77.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the prior year.
PHXE-P's operating margin was 25.6% in fiscal year 2025, reflecting core business profitability. This is down 0.2 percentage points from the prior year.
PHXE-P's net profit margin was 9.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 18.4 percentage points from the prior year.
PHXE-P's ROE was 84.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
PHXE-P Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $218.6M+15.6% | $189.0M+15.4% | $163.8M+41.5% | $115.7M+13.8% | $101.7M+72.2% | $59.0M-26.0% | $79.8M+96.2% | $40.7M |
| Cost of Revenue | $50.0M+16.6% | $42.9M+22.0% | $35.2M+29.9% | $27.1M+14.7% | $23.6M+35.7% | $17.4M+16.5% | $14.9M+87.2% | $8.0M |
| Gross Profit | $168.5M+15.4% | $146.1M+13.6% | $128.7M+45.1% | $88.7M+13.6% | $78.1M+87.5% | $41.6M-35.8% | $64.9M+98.4% | $32.7M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $4.6M-16.7% | $5.5M-13.2% | $6.4M-32.9% | $9.5M+33.7% | $7.1M-20.4% | $8.9M+13.7% | $7.9M+49.7% | $5.3M |
| Operating Income | $43.4M-6.1% | $46.3M-0.9% | $46.7M+19.3% | $39.2M+52.7% | $25.7M+123.0% | $11.5M-56.8% | $26.6M+208.0% | $8.6M |
| Interest Expense | $49.5M+27.6% | $38.8M+4.8% | $37.0M+3.3% | $35.8M+23.2% | $29.1M+11.0% | $26.2M+45.6% | $18.0M+6.3% | $16.9M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $33.3M+292.6% | $8.5M-54.6% | $18.7M+234.0% | $5.6M+141.5% | -$13.5M-19.6% | -$11.3M-234.4% | $8.4M+199.9% | -$8.4M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PHXE-P Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8B+10.1% | $1.6B+19.8% | $1.4B+20.7% | $1.1B+10.3% | $1.0B | N/A | N/A | N/A |
| Current Assets | $173.6M-3.0% | $178.9M+14.4% | $156.4M+54.3% | $101.3M-35.3% | $156.7M | N/A | N/A | N/A |
| Cash & Equivalents | $65.8M-31.1% | $95.5M+57.8% | $60.5M+71.0% | $35.4M-70.7% | $120.8M+392.6% | $24.5M+501.3% | $4.1M+65.5% | $2.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.7B+8.5% | $1.6B+15.5% | $1.4B+18.6% | $1.2B+9.4% | $1.1B | N/A | N/A | N/A |
| Current Liabilities | $418.4M+4.4% | $400.9M+10.8% | $362.0M+40.0% | $258.6M+14.1% | $226.6M | N/A | N/A | N/A |
| Long-Term Debt | $1.2B+9.6% | $1.1B+17.4% | $960.3M+12.5% | $853.5M+7.3% | $795.2M | N/A | N/A | N/A |
| Total Equity | $78.2M+67.8% | $46.6M+577.6% | -$9.8M+65.7% | -$28.5M+16.4% | -$34.1M-65.7% | -$20.6M-355.2% | -$4.5M+65.0% | -$12.9M |
| Retained Earnings | $29.7M+1798.5% | -$1.7M+82.9% | -$10.2M+64.7% | -$28.9M+16.2% | -$34.5M | N/A | N/A | N/A |
PHXE-P Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $110.5M+21.4% | $91.0M+8.6% | $83.8M+428.0% | $15.9M-74.0% | $61.0M+465.5% | $10.8M-40.7% | $18.2M+61.7% | $11.2M |
| 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 | -$237.5M+7.6% | -$257.0M-54.1% | -$166.8M+8.5% | -$182.3M-11.4% | -$163.6M-73.3% | -$94.4M-3.5% | -$91.2M-3.0% | -$88.6M |
| Financing Cash Flow | $97.3M-51.6% | $200.9M+85.8% | $108.2M+33.6% | $81.0M-59.3% | $198.9M+91.1% | $104.1M+39.5% | $74.6M+0.4% | $74.4M |
| 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 |
PHXE-P Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.1%-0.2pp | 77.3%-1.2pp | 78.5%+1.9pp | 76.6%-0.2pp | 76.8%+6.3pp | 70.5%-10.8pp | 81.3%+0.9pp | 80.4% |
| Operating Margin | 19.9%-4.6pp | 24.5%-4.0pp | 28.5%-5.3pp | 33.8%+8.6pp | 25.2%+5.7pp | 19.5%-13.8pp | 33.3%+12.1pp | 21.2% |
| Net Margin | 15.3%+10.8pp | 4.5%-6.9pp | 11.4%+6.6pp | 4.8%+18.1pp | -13.3%+5.8pp | -19.1%-29.6pp | 10.5%+31.2pp | -20.7% |
| Return on Equity | 42.6%+24.4pp | 18.2% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 1.8%+1.3pp | 0.5%-0.9pp | 1.4%+0.9pp | 0.5%+1.8pp | -1.3% | N/A | N/A | N/A |
| Current Ratio | 0.41-0.0 | 0.45+0.0 | 0.43+0.0 | 0.39-0.3 | 0.69 | N/A | N/A | N/A |
| Debt-to-Equity | 15.80-8.4 | 24.18+122.6 | -98.38-68.4 | -29.99-6.6 | -23.35 | 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 (0.41), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is PHXE-P's annual revenue?
PHXE-P (PHXE-P) reported $687.2M in total revenue for fiscal year 2025. This represents a 144.4% 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 PHXE-P's revenue growing?
PHXE-P (PHXE-P) revenue grew by 144.4% year-over-year, from $281.2M to $687.2M in fiscal year 2025.
Is PHXE-P profitable?
Yes, PHXE-P (PHXE-P) reported a net income of $66.1M in fiscal year 2025, with a net profit margin of 9.6%.
What is PHXE-P's EBITDA?
PHXE-P (PHXE-P) had EBITDA of $353.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does PHXE-P have?
As of fiscal year 2025, PHXE-P (PHXE-P) had $65.8M in cash and equivalents against $1.2B in long-term debt.
What is PHXE-P's gross margin?
PHXE-P (PHXE-P) had a gross margin of 77.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is PHXE-P's operating margin?
PHXE-P (PHXE-P) had an operating margin of 25.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is PHXE-P's net profit margin?
PHXE-P (PHXE-P) had a net profit margin of 9.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is PHXE-P's return on equity (ROE)?
PHXE-P (PHXE-P) has a return on equity of 84.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is PHXE-P's operating cash flow?
PHXE-P (PHXE-P) generated $301.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are PHXE-P's total assets?
PHXE-P (PHXE-P) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What is PHXE-P's current ratio?
PHXE-P (PHXE-P) had a current ratio of 0.41 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is PHXE-P's debt-to-equity ratio?
PHXE-P (PHXE-P) had a debt-to-equity ratio of 15.80 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is PHXE-P's return on assets (ROA)?
PHXE-P (PHXE-P) had a return on assets of 3.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is PHXE-P's Piotroski F-Score?
PHXE-P (PHXE-P) has a Piotroski F-Score of 7 out of 9, indicating strong 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 PHXE-P's earnings high quality?
PHXE-P (PHXE-P) has an earnings quality ratio of 4.55x, 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 PHXE-P cover its interest payments?
PHXE-P (PHXE-P) has an interest coverage ratio of 1.1x, 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 PHXE-P?
PHXE-P (PHXE-P) scores 56 out of 100 on our Financial Profile, indicating moderate 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.