What is Pony Group's earnings per share (EPS)?

Pony Group (PNYG) reported diluted earnings per share of $0.02 for fiscal year 2025. This represents a 50.0% 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.

Pony Group Financials

PNYG

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Pony Group (PNYG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).

Rhea AI PNYG FY2025 2026-05-15

Pony Group's business model currently runs on external financing because gross profit cannot cover overhead or near-term obligations.

Cash burn eased to -$101K in FY2025 from -$149K in FY2024. But financing inflows of $131K still exceeded operating cash use while the current ratio sank to 0.01x, so outside funding appears to be replacing working capital rather than the business repairing its own cash engine.

Positive gross margins did not translate into a workable cost structure: gross margin stayed above zero at 33.5% in FY2025 after 45.9% in FY2023, yet the company remained deeply loss-making. That pattern suggests the pressure sits mainly in the overhead base, not simply in selling products below cost.

Balance-sheet erosion is the structural story: assets fell to $22K in FY2025 from $107K in FY2022, while liabilities kept expanding. Cash liquidity was especially thin, with just $10K covering about 1.0% of current liabilities, which makes the business look tighter on solvency than the income statement alone would show.

Financial Health Signals

Financial health score pending refresh

We are recalculating Pony Group's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

-153.46

Pony Group scores -153.46, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($736K) relative to total liabilities ($975K). 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.

Piotroski F-Score Partial

3/8

Pony Group passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.41x

For every $1 of reported earnings, Pony Group generates $0.41 in operating cash flow (-$101K OCF vs -$246K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$141K

YoY+45.2%

5Y CAGR+4.1%

Pony Group generated $141K in revenue in fiscal year 2025. This represents an increase of 45.2% from the prior year.

EBITDA

N/A

Net Income

-$246K

YoY-50.2%

Pony Group reported -$246K in net income in fiscal year 2025. This represents a decrease of 50.2% from the prior year.

EPS (Diluted)

$0.02

YoY+50.0%

Pony Group earned $0.02 per diluted share (EPS) in fiscal year 2025. This represents an increase of 50.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$10K

YoY-11.7%

5Y CAGR-49.2%

Pony Group held $10K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

12M

YoY+0.0%

5Y CAGR+0.0%

Pony Group had 12M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

33.5%

YoY-9.6pp

5Y CAGR-16.1pp

Pony Group's gross margin was 33.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 9.6 percentage points from the prior year.

Operating Margin

-173.7%

YoY-6.3pp

5Y CAGR-136.0pp

Pony Group's operating margin was -173.7% in fiscal year 2025, reflecting core business profitability. This is down 6.3 percentage points from the prior year.

Net Margin

-174.3%

YoY-5.8pp

5Y CAGR-138.1pp

Pony Group's net profit margin was -174.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.8 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

PNYG Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$141K+45.2%	$97K-45.2%	$178K+55.4%	$114K-27.5%	$158K+36.6%	$115K
Cost of Revenue	$94K+69.5%	$55K-42.3%	$96K+24.7%	$77K-24.7%	$102K+75.8%	$58K
Gross Profit	$47K+13.0%	$42K-48.5%	$81K+118.7%	$37K-32.7%	$55K-3.3%	$57K
R&D Expenses	N/A	N/A	N/A	$24K+127.6%	$10K	N/A
SG&A Expenses	$293K+43.0%	$205K-10.6%	$229K-29.0%	$323K+100.7%	$161K+59.6%	$101K
Operating Income	-$246K-50.7%	-$163K-10.3%	-$148K+48.2%	-$286K-146.2%	-$116K-166.3%	-$44K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$246K-50.2%	-$164K-10.5%	-$149K+47.7%	-$284K-189.8%	-$98K-134.5%	-$42K
EPS (Diluted)	$0.02+50.0%	$0.01+207.7%	$-0.01+48.0%	$-0.03-177.8%	$-0.01	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$24K-36.3%	$37K+27.1%	$29K-34.2%	$45K+47.2%	$30K-33.3%	$45K+185.5%	$16K-34.5%	$24K
Cost of Revenue	$6K-76.3%	$27K+35.2%	$20K-28.3%	$28K+50.5%	$19K-30.9%	$27K+264.4%	$7K-44.4%	$13K
Gross Profit	$17K+72.0%	$10K+9.3%	$9K-44.3%	$16K+42.0%	$12K-36.7%	$18K+116.7%	$8K-22.6%	$11K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$74K-47.5%	$141K+289.0%	$36K-33.4%	$55K-10.6%	$61K-22.2%	$78K+190.5%	$27K-30.6%	$39K
Operating Income	-$57K+56.7%	-$131K-383.9%	-$27K+28.7%	-$38K+23.0%	-$49K+17.7%	-$60K-224.3%	-$19K+33.7%	-$28K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$57K+56.6%	-$131K-381.8%	-$27K+29.0%	-$38K+22.4%	-$49K+17.7%	-$60K-210.5%	-$19K+30.8%	-$28K
EPS (Diluted)	$0.01	N/A	$-0.00+33.3%	$-0.00-175.0%	$0.00	N/A	$-0.000.0%	$-0.00

PNYG Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$22K+29.3%	$17K-53.8%	$37K-65.5%	$107K-66.8%	$323K-4.1%	$337K
Current Assets	$14K-19.8%	$17K-53.8%	$37K-65.5%	$107K-66.8%	$323K-4.1%	$337K
Cash & Equivalents	$10K-11.7%	$11K-33.9%	$17K-51.2%	$34K-87.2%	$266K-7.3%	$287K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$2K-58.0%	$6K-70.9%	$20K-21.1%	$26K-46.4%	$48K+17.5%	$41K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$975K+40.7%	$693K+24.7%	$555K+15.0%	$483K+13.3%	$426K+26.1%	$338K
Current Liabilities	$972K+40.3%	$693K+24.7%	$555K+15.0%	$483K+13.3%	$426K+26.1%	$338K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$952K-41.0%	-$675K-30.3%	-$518K-38.0%	-$375K-265.5%	-$103K-8886.5%	-$1K
Retained Earnings	-$1.1M-27.7%	-$888K-22.6%	-$724K-25.8%	-$576K-105.4%	-$280K-53.8%	-$182K

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$23K+1.9%	$22K-6.2%	$24K+0.4%	$24K+70.4%	$14K-19.4%	$17K-50.4%	$35K+27.4%	$27K
Current Assets	$16K+13.5%	$14K-0.7%	$14K-41.2%	$24K+70.4%	$14K-19.4%	$17K-50.4%	$35K+27.4%	$27K
Cash & Equivalents	$8K-16.8%	$10K+15.1%	$8K-61.3%	$22K+184.0%	$8K-30.2%	$11K+23.1%	$9K-10.9%	$10K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$3K+39.4%	$2K+43.2%	$2K	N/A	$6K0.0%	$6K-72.8%	$22K+29.3%	$17K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.0M+6.0%	$975K+15.2%	$846K+4.0%	$813K+6.1%	$766K+10.6%	$693K+5.1%	$659K+5.9%	$622K
Current Liabilities	$1.0M+6.2%	$972K+15.5%	$842K+3.5%	$813K+6.1%	$766K+10.6%	$693K+5.1%	$659K+5.9%	$622K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.0M-6.1%	-$952K-15.8%	-$822K-4.1%	-$790K-5.0%	-$752K-11.4%	-$675K-8.2%	-$624K-4.9%	-$595K
Retained Earnings	-$1.2M-5.0%	-$1.1M-13.1%	-$1.0M-2.8%	-$976K-4.1%	-$938K-5.6%	-$888K-7.3%	-$828K-2.4%	-$809K

PNYG Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$101K+32.0%	-$149K+2.6%	-$153K+52.4%	-$321K-11467.3%	-$3K+95.5%	-$61K
Capital Expenditures	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
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$131K-4.3%	$137K+5.3%	$130K+66.2%	$78K+644.5%	-$14K-104.6%	$310K
Dividends Paid	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

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$58K-206.8%	-$19K+37.4%	-$30K-7.0%	-$28K-20.6%	-$24K+50.1%	-$47K-207.8%	-$15K+46.7%	-$29K
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$58K+202.1%	$19K-15.1%	$23K-45.6%	$41K-13.0%	$48K+17.7%	$40K+69.2%	$24K+9.2%	$22K
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

PNYG Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	33.5%-9.6pp	43.0%-2.8pp	45.9%+13.3pp	32.6%-2.5pp	35.1%-14.5pp	49.6%
Operating Margin	-173.7%-6.3pp	-167.4%-84.1pp	-83.3%+166.6pp	-249.8%-176.3pp	-73.6%-35.8pp	-37.8%
Net Margin	-174.3%-5.8pp	-168.5%-84.8pp	-83.6%+164.9pp	-248.5%-186.3pp	-62.2%-26.0pp	-36.2%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-1113.0%-155.2pp	-957.9%-557.1pp	-400.7%-136.0pp	-264.7%-234.4pp	-30.3%-17.9pp	-12.4%
Current Ratio	0.01-0.0	0.02-0.0	0.07-0.2	0.22-0.5	0.76-0.2	1.00
Debt-to-Equity	-1.020.0	-1.03+0.0	-1.07+0.2	-1.29+2.9	-4.15+291.5	-295.69
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	72.8%+45.8pp	27.0%-4.4pp	31.4%-5.7pp	37.0%-1.4pp	38.4%-2.1pp	40.5%-12.9pp	53.4%+8.2pp	45.1%
Operating Margin	-239.5%+112.6pp	-352.1%-259.6pp	-92.5%-7.1pp	-85.3%+77.8pp	-163.1%-30.8pp	-132.3%-15.8pp	-116.5%-1.5pp	-115.0%
Net Margin	-239.9%+112.6pp	-352.5%-259.5pp	-93.0%-6.8pp	-86.2%+77.2pp	-163.4%-30.9pp	-132.5%-10.7pp	-121.9%-6.5pp	-115.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-252.3%+340.9pp	-593.2%-477.7pp	-115.5%+47.7pp	-163.2%+195.0pp	-358.1%-7.2pp	-351.0%-294.9pp	-56.1%+47.3pp	-103.3%
Current Ratio	0.020.0	0.010.0	0.02-0.0	0.03+0.0	0.020.0	0.02-0.0	0.050.0	0.04
Debt-to-Equity	-1.020.0	-1.020.0	-1.030.0	-1.03-0.0	-1.020.0	-1.03+0.0	-1.060.0	-1.05
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$952K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Pony Group's annual revenue?

Pony Group (PNYG) reported $141K in total revenue for fiscal year 2025. This represents a 45.2% 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 Pony Group's revenue growing?

Pony Group (PNYG) revenue grew by 45.2% year-over-year, from $97K to $141K in fiscal year 2025.

Is Pony Group profitable?

No, Pony Group (PNYG) reported a net income of -$246K in fiscal year 2025, with a net profit margin of -174.3%.

What is Pony Group's gross margin?

Pony Group (PNYG) had a gross margin of 33.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Pony Group's operating margin?

Pony Group (PNYG) had an operating margin of -173.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Pony Group's net profit margin?

Pony Group (PNYG) had a net profit margin of -174.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Pony Group's operating cash flow?

Pony Group (PNYG) generated -$101K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Pony Group's total assets?

Pony Group (PNYG) had $22K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Pony Group have outstanding?

Pony Group (PNYG) had 12M shares outstanding as of fiscal year 2025.

What is Pony Group's current ratio?

Pony Group (PNYG) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Pony Group's debt-to-equity ratio?

Pony Group (PNYG) had a debt-to-equity ratio of -1.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Pony Group's return on assets (ROA)?

Pony Group (PNYG) had a return on assets of -1113.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Pony Group's cash runway?

Based on fiscal year 2025 data, Pony Group (PNYG) had $10K in cash against an annual operating cash burn of $101K. This gives an estimated cash runway of approximately 1 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.

Why is Pony Group's debt-to-equity ratio negative or unusual?

Pony Group (PNYG) has negative shareholder equity of -$952K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Pony Group's Altman Z-Score?

Pony Group (PNYG) has an Altman Z-Score of -153.46, 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 Pony Group's Piotroski F-Score?

Pony Group (PNYG) has a Piotroski F-Score of 3 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 Pony Group's earnings high quality?

Pony Group (PNYG) has an earnings quality ratio of 0.41x, 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.