Phaos Technology Holdings (Cayman) (POAS) 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 Nov 6, 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 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the POAS SEC filings page.
Phaos Technology Holdings (Cayman) Limited (POAS) reported $104K in revenue for fiscal year 2026, down 19.3% from the prior fiscal year. This page shows its 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 (20-F and 6-K reports).
The business remains cash-consuming while FY2026 shows a balance-sheet reset from negative equity and short-term strain to positive equity.
Revenue fell19.3% , yet FY2026 operating cash flow was-$8.6M , showing that smaller sales did not translate into lighter cash demands. Free cash flow was also negative at-$8.6M , so reported losses were accompanied by cash consumption rather than merely non-cash accounting charges.
Assets rose
Gross profit fell
Financial Health Signals
We do not publish a peer-relative financial health score for Phaos Technology Holdings (Cayman) Limited, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Phaos Technology Holdings (Cayman) Limited scores -5.12, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $14.4M against total assets of $5.2M. 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.
Phaos Technology Holdings (Cayman) Limited 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, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Phaos Technology Holdings (Cayman) Limited reported a net loss of $4.8M while operations used $8.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Phaos Technology Holdings (Cayman) Limited reported an operating loss of $4.9M against $4K 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
Phaos Technology Holdings (Cayman) Limited generated $104K in revenue in fiscal year 2026. This represents a decrease of 19.3% from the prior year.
Phaos Technology Holdings (Cayman) Limited's EBITDA was -$4.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Phaos Technology Holdings (Cayman) Limited reported a net loss of $4.8M in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Phaos Technology Holdings (Cayman) Limited earned -$0.38 per diluted share (EPS) in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
Phaos Technology Holdings (Cayman) Limited recorded an outflow of $8.6M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Phaos Technology Holdings (Cayman) Limited held $598K in cash against $16K in long-term debt as of fiscal year 2026, with $979K of liabilities due within a year.
Not reported for fiscal year 2026.
Margins & Returns
Phaos Technology Holdings (Cayman) Limited's gross margin was 13.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 9.0 percentage points from the prior year.
Phaos Technology Holdings (Cayman) Limited's ROE was -116.2% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Not shown for fiscal year 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Phaos Technology Holdings (Cayman) Limited invested $31K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 83.1% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
POAS 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 |
|---|---|---|---|
| Revenue | $104K-19.3% | $128K-90.7% | $1.4M |
| Cost of Revenue | $90K-10.0% | $100K-86.1% | $722K |
| Gross Profit | $14K-52.1% | $28K-95.7% | $658K |
| R&D Expenses | N/A | $107K+61.1% | $66K |
| Operating Income | -$4.9Mn/m | -$4.0Mn/m | -$1.8M |
| EBITDA | -$4.8Mn/m | -$3.9Mn/m | -$1.7M |
| Interest Expense | $4K-37.4% | $6K-79.7% | $32K |
| Net Income | -$4.8Mn/m | -$3.9Mn/m | -$1.7M |
| EPS (Basic) | -$0.38n/m | -$0.38n/m | -$0.19 |
| EPS (Diluted) | -$0.38n/m | -$0.38n/m | -$0.19 |
| Diluted Shares (Avg) | 13M+19.7% | 11M+16.1% | 9M |
Not reported in any period shown, so not listed: SG&A Expenses, Income Tax.
POAS 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 |
|---|---|---|---|
| Total Assets | $5.2M+253.9% | $1.5M-61.0% | $3.8M |
| Current Assets | $5.0M+330.5% | $1.2M-66.6% | $3.5M |
| Cash & Equivalents | $598K+503.0% | $99K-94.1% | $1.7M |
| Short-Term Investments | $0n/m | $0n/m | $0 |
| Inventory | $427K+79.8% | $237K+72.6% | $138K |
| Accounts Receivable | $1K-95.3% | $29K-90.3% | $303K |
| Long-Term Investments | $0n/m | $0n/m | $0 |
| Total Liabilities | $1.1M-63.8% | $3.0M+79.8% | $1.7M |
| Current Liabilities | $979K-66.3% | $2.9M+93.9% | $1.5M |
| Non-Current Liabilities | $102K+32.1% | $77K-51.9% | $161K |
| Long-Term Debt | $16K-73.8% | $60K | N/A |
| Total Equity | $4.2Mn/m | -$1.5M-170.2% | $2.1M |
| Retained Earnings | -$14.4Mn/m | -$9.3Mn/m | -$5.2M |
Not reported in any period shown, so not listed: Goodwill.
POAS 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 |
|---|---|---|---|
| Operating Cash Flow | -$8.6Mn/m | -$2.8Mn/m | -$1.2M |
| Depreciation & Amortization | $126K-11.8% | $143K+10.5% | $130K |
| Capital Expenditures | $31K-83.1% | $184K+106.8% | $89K |
| Free Cash Flow | -$8.6Mn/m | -$3.0Mn/m | -$1.3M |
| Investing Cash Flow | $368Kn/m | -$255Kn/m | -$1.2M |
| Financing Cash Flow | $8.6M+523.4% | $1.4M-65.8% | $4.0M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
POAS 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 |
|---|---|---|---|
| Gross Margin | 13.1%-9.0pp | 22.1%-25.6pp | 47.7% |
| Operating Margin | -4706.8% | -3148.3% | -132.9% |
| Net Margin | -4662.3% | -3063.1% | -125.3% |
| Return on Equity | -116.2% | N/A | -80.8% |
| Return on Assets | -92.2%+173.4pp | -265.6%-220.1pp | -45.5% |
| Current Ratio | 5.11+4.7x | 0.40-1.9x | 2.31 |
| Debt-to-Equity | 0.00 | N/A | N/A |
| Liabilities-to-Equity | 0.26 | N/A | 0.78 |
| Asset Turnover | 0.02-0.1x | 0.09-0.3x | 0.36 |
| FCF Margin | -8285.1% | -2321.7% | -91.9% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Phaos Technology Holdings (Cayman) Limited POAS | FY2026 | $104K | -$4.8M | N/A | $1.5M | — |
| Adagio Medical Holdings, Inc ADGM | FY2025 | $0 | -$25.1M | N/A | $1.7M | — |
| INVO Fertility, Inc. IVF | FY2025 | $6.8M | -$23.3M | N/A | $2.6M | 43/100 |
| Nuwellis, Inc. NUWE | FY2025 | $8.3M | -$17.5M | N/A | $1.9M | 39/100 |
| Bluejay Diagnostics, Inc. BJDX | FY2025 | N/A | -$6.8M | N/A | $2.6M | — |
| IceCure Medical Ltd. ICCM | FY2025 | $3.4M | -$15.1M | N/A | $2.3M | 48/100 |
Where Phaos Technology Holdings (Cayman) Limited Ranks
Frequently Asked Questions
Phaos Technology Holdings (Cayman) Limited (POAS) reported $104K in total revenue for fiscal year 2026. This represents a -19.3% 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.
Phaos Technology Holdings (Cayman) Limited (POAS) revenue declined by 19.3% year-over-year, from $128K to $104K in fiscal year 2026.
No, Phaos Technology Holdings (Cayman) Limited (POAS) reported a net loss of $4.8M in fiscal year 2026.
Phaos Technology Holdings (Cayman) Limited (POAS) had EBITDA of -$4.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2026, Phaos Technology Holdings (Cayman) Limited (POAS) had $598K in cash and equivalents against $16K in long-term debt.
Phaos Technology Holdings (Cayman) Limited (POAS) had a gross margin of 13.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
Phaos Technology Holdings (Cayman) Limited (POAS) has a return on equity of -116.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
Phaos Technology Holdings (Cayman) Limited (POAS) recorded an outflow of $8.6M in free cash flow during fiscal year 2026. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
Phaos Technology Holdings (Cayman) Limited (POAS) recorded an outflow of $8.6M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
Phaos Technology Holdings (Cayman) Limited (POAS) had $5.2M in total assets as of fiscal year 2026, including both current and long-term assets.
Phaos Technology Holdings (Cayman) Limited (POAS) invested $31K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
Phaos Technology Holdings (Cayman) Limited (POAS) had a current ratio of 5.11 as of fiscal year 2026, which is generally considered healthy.
Phaos Technology Holdings (Cayman) Limited (POAS) had a debt-to-equity ratio of 0.00 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Phaos Technology Holdings (Cayman) Limited (POAS) had a liabilities-to-equity ratio of 0.26 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.
Phaos Technology Holdings (Cayman) Limited (POAS) had a return on assets of -92.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Phaos Technology Holdings (Cayman) Limited (POAS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $1.5M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Phaos Technology Holdings (Cayman) Limited (POAS) trades at 14.8x sales, its market capitalization divided by $104K revenue, FY2026. The market capitalization is $1.5M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2026, Phaos Technology Holdings (Cayman) Limited (POAS) held $598K in cash, cash equivalents and investments, and reported an operating cash outflow of $8.6M over that year. Dividing the one by the other, the reported balance equals about 1 month 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.
Phaos Technology Holdings (Cayman) Limited (POAS) has an Altman Z-Score of -5.12, 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.
Phaos Technology Holdings (Cayman) Limited (POAS) 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.
Phaos Technology Holdings (Cayman) Limited (POAS) reported a net loss of $4.8M while operations used $8.6M 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.
Phaos Technology Holdings (Cayman) Limited (POAS) reported an operating loss of $4.9M against $4K 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.