Pony Group Financials
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).
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
Balance-sheet erosion is the structural story: assets fell to
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Pony Group'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.
Pony Group has an operating margin of -173.7%, meaning the company retains $-174 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -167.4% the prior year.
Pony Group's revenue surged 45.2% year-over-year to $141K, reflecting rapid business expansion. This strong growth earns a score of 15/100.
Pony Group's current ratio of 0.01 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Pony Group passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
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
Earnings & Revenue
Pony Group generated $141K in revenue in fiscal year 2025. This represents an increase of 45.2% from the prior year.
Pony Group reported -$246K in net income in fiscal year 2025. This represents a decrease of 50.2% from the prior year.
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
Pony Group held $10K in cash against $0 in long-term debt as of fiscal year 2025.
Pony Group had 12M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Margins & Returns
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.
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.
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.
Capital Allocation
PNYG Income Statement
| 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 | 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 | 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 | 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.
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 Piotroski F-Score?
Pony Group (PNYG) has a Piotroski F-Score of 3 out of 9, indicating weak 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 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.
How financially healthy is Pony Group?
Pony Group (PNYG) scores 3 out of 100 on our Financial Profile, indicating weak 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.