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Peer To Peer Net Financials

PTOP
Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2015 Currency USD FYE September

This page shows Peer To Peer Net (PTOP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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 PTOP FY2014

Financing dependence dominates because customer revenue is too small to support the cost base or the balance sheet.

Operating cash burn improved from -$382K in FY2013 to -$221K in FY2014, and the accounting loss narrowed as well. But liquidity still deteriorated: cash fell from $75K to $3K while current liabilities climbed to $134K, so the business became less immediately fundable even as reported losses looked slightly less severe.

Revenue remained negligible at $2K in FY2014 against an operating loss of -$314K, which means customers were not yet carrying even basic overhead. This is a cost structure sustained outside the income stream, not one being absorbed by operating scale.

External funding bought time but not resilience: financing cash flow added $215K in FY2014, yet equity remained negative at -$34K. Meanwhile, shares outstanding rose to 106.6M from 84.9M over two years, pointing to capital raises that diluted holders without rebuilding a real balance-sheet cushion.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score pending refresh

We are recalculating Peer To Peer Net'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
-23.53

Peer To Peer Net scores -23.53, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.4M) relative to total liabilities ($134K). 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
2/7

Peer To Peer Net passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Low Quality
0.56x

For every $1 of reported earnings, Peer To Peer Net generates $0.56 in operating cash flow (-$221K OCF vs -$396K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-4.0x

Peer To Peer Net earns $-4.0 in operating income for every $1 of interest expense (-$314K vs $78K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2K
YoY+80.9%

Peer To Peer Net generated $2K in revenue in fiscal year 2014. This represents an increase of 80.9% from the prior year.

EBITDA
-$286K
YoY+32.1%

Peer To Peer Net's EBITDA was -$286K in fiscal year 2014, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 32.1% from the prior year.

Net Income
-$396K
YoY+10.9%

Peer To Peer Net reported -$396K in net income in fiscal year 2014. This represents an increase of 10.9% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$3K
YoY-96.5%

Peer To Peer Net held $3K in cash against $0 in long-term debt as of fiscal year 2014.

Dividends Per Share
N/A
Shares Outstanding
107M
YoY+25.6%

Peer To Peer Net had 107M shares outstanding in fiscal year 2014. This represents an increase of 25.6% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
-17600.3%
YoY+27388.6pp

Peer To Peer Net's operating margin was -17600.3% in fiscal year 2014, reflecting core business profitability. This is up 27388.6 percentage points from the prior year.

Net Margin
-22161.6%
YoY+22827.3pp

Peer To Peer Net's net profit margin was -22161.6% in fiscal year 2014, showing the share of revenue converted to profit. This is up 22827.3 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

PTOP Income Statement

Metric Q3'15 Q2'15 Q1'15 Q4'14 Q3'14 Q2'14 Q1'14 Q4'13
Revenue N/A $81 $0-100.0% $50+108.3% $24-86.8% $182-88.1% $2K N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $4K+54.0% $3K-31.8% $4K-44.3% $7K+17.8% $6K-27.5% $9K-10.4% $9K N/A
Operating Income N/A N/A -$66K+16.6% -$80K-15.1% -$69K+18.0% -$84K-4.0% -$81K N/A
Interest Expense N/A $27K+73.6% $16K-68.3% $49K+129.0% $21K+198.1% $7K $0 N/A
Income Tax N/A N/A $0 $0 $0 $0 $0 N/A
Net Income N/A N/A -$82K+38.1% -$132K-46.2% -$91K+1.0% -$92K-12.9% -$81K N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

PTOP Balance Sheet

Metric Q3'15 Q2'15 Q1'15 Q4'14 Q3'14 Q2'14 Q1'14 Q4'13
Total Assets $6K-54.5% $13K-86.0% $93K-7.1% $100K+95.7% $51K-2.0% $52K-15.8% $62K-52.7% $131K
Current Assets $154-0.6% $155+19.2% $130-95.7% $3K-82.2% $17K+56.5% $11K-20.2% $13K-82.1% $75K
Cash & Equivalents N/A N/A $12-99.5% $3K-84.2% $17K+65.0% $10K-19.8% $13K-83.2% $75K
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $1530.0% $153+112.5% $72-42.4% $125+66.7% $75 N/A $818 $0
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $533K+85.3% $288K+49.1% $193K+44.1% $134K-19.8% $167K+44.2% $116K+92.0% $60K+2.7% $59K
Current Liabilities $405K+40.7% $288K+49.1% $193K+44.1% $134K-19.8% $167K+44.2% $116K+92.0% $60K+2.7% $59K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$527K-91.9% -$274K-175.0% -$100K-196.2% -$34K+70.9% -$116K-82.2% -$63K-3811.0% $2K-97.6% $72K
Retained Earnings -$1.7M-7.2% -$1.6M-14.4% -$1.4M-6.3% -$1.3M N/A N/A N/A -$899K

PTOP Cash Flow Statement

Metric Q3'15 Q2'15 Q1'15 Q4'14 Q3'14 Q2'14 Q1'14 Q4'13
Operating Cash Flow $0+100.0% -$12+99.8% -$6K+92.4% -$75K-162.5% -$28K+48.8% -$56K+11.5% -$63K+19.9% -$78K
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 -$3K+95.5% -$67K $0 $0 $0+100.0% -$2K
Financing Cash Flow N/A N/A $6K-95.3% $127K+262.9% $35K-34.0% $53K $0+100.0% -$4K
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

PTOP Financial Ratios

Metric Q3'15 Q2'15 Q1'15 Q4'14 Q3'14 Q2'14 Q1'14 Q4'13
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A -159230.0%+128865.8pp -288095.8%-241765.6pp -46330.2%-41027.0pp -5303.2% N/A
Net Margin N/A N/A N/A -264832.0%+112555.5pp -377387.5%-327107.8pp -50279.7%-44976.5pp -5303.2% N/A
Return on Equity N/A N/A N/A N/A N/A N/A -4741.9% N/A
Return on Assets N/A N/A -88.0%+44.2pp -132.2%+44.8pp -177.0%-1.7pp -175.3%-44.4pp -130.9% N/A
Current Ratio 0.000.0 0.000.0 0.00-0.0 0.02-0.1 0.100.0 0.09-0.1 0.22-1.1 1.28
Debt-to-Equity -1.01+0.0 -1.05+0.9 -1.93+2.0 -3.97-2.5 -1.44+0.4 -1.82-37.1 35.24+34.4 0.81
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$34K), 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 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Peer To Peer Net (PTOP) reported $2K in total revenue for fiscal year 2014. This represents a 80.9% 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.

Peer To Peer Net (PTOP) revenue grew by 80.9% year-over-year, from $987 to $2K in fiscal year 2014.

No, Peer To Peer Net (PTOP) reported a net income of -$396K in fiscal year 2014, with a net profit margin of -22161.6%.

Peer To Peer Net (PTOP) had EBITDA of -$286K in fiscal year 2014, measuring earnings before interest, taxes, depreciation, and amortization.

Peer To Peer Net (PTOP) had an operating margin of -17600.3% in fiscal year 2014, reflecting the profitability of core business operations before interest and taxes.

Peer To Peer Net (PTOP) had a net profit margin of -22161.6% in fiscal year 2014, representing the share of revenue converted into profit after all expenses.

Peer To Peer Net (PTOP) generated -$221K in operating cash flow during fiscal year 2014, representing cash generated from core business activities.

Peer To Peer Net (PTOP) had $100K in total assets as of fiscal year 2014, including both current and long-term assets.

Peer To Peer Net (PTOP) had 107M shares outstanding as of fiscal year 2014.

Peer To Peer Net (PTOP) had a current ratio of 0.02 as of fiscal year 2014, which is below 1.0, which may suggest potential liquidity concerns.

Peer To Peer Net (PTOP) had a debt-to-equity ratio of -3.97 as of fiscal year 2014, measuring the company's financial leverage by comparing total debt to shareholder equity.

Peer To Peer Net (PTOP) had a return on assets of -395.1% for fiscal year 2014, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2014 data, Peer To Peer Net (PTOP) had $3K in cash against an annual operating cash burn of $221K. This gives an estimated cash runway of approximately 0 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.

Peer To Peer Net (PTOP) has negative shareholder equity of -$34K as of fiscal year 2014, 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.

Peer To Peer Net (PTOP) has an Altman Z-Score of -23.53, 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.

Peer To Peer Net (PTOP) has a Piotroski F-Score of 2 out of 7 computable signals; 2 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.

Peer To Peer Net (PTOP) has an earnings quality ratio of 0.56x, 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.

Peer To Peer Net (PTOP) has an interest coverage ratio of -4.0x, 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.

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