Seatech Ventures Financials

SEAV

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Seatech Ventures (SEAV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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

Piotroski F-Score Weak

2/9

Seatech Ventures passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.25x

For every $1 of reported earnings, Seatech Ventures generates $0.25 in operating cash flow (-$40K OCF vs -$157K 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

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Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$157K

YoY+48.2%

Seatech Ventures reported -$157K in net income in fiscal year 2024. This represents an increase of 48.2% from the prior year.

EPS (Diluted)

$0.00

Seatech Ventures earned $0.00 per diluted share (EPS) in fiscal year 2024.

Cash & Debt

$12K

YoY-58.0%

5Y CAGR-48.5%

Seatech Ventures held $12K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

93M

YoY-19.1%

5Y CAGR+0.1%

Seatech Ventures had 93M shares outstanding in fiscal year 2024. This represents a decrease of 19.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

SEAV Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	$328K-37.7%	$527K+37.5%	$383K+52.9%	$251K+779.1%	$29K
Cost of Revenue	N/A	$252K-44.6%	$454K+47.6%	$308K+31.8%	$233K+1146.8%	$19K
Gross Profit	N/A	$77K-18.5%	$94K+24.5%	$76K+339.2%	$17K+75.7%	$10K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$157K-58.4%	$379K+107.4%	$183K+3.9%	$176K+43.6%	$122K-35.7%	$190K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
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	-$157K+48.2%	-$303K-221.6%	-$94K+7.4%	-$102K+5.2%	-$107K+51.2%	-$220K
EPS (Diluted)	$0.00	$0.00+100.0%	$-0.09+18.2%	$-0.11	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	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	$19K+6.1%	$18K-44.1%	$32K+16.4%	$27K-15.7%	$32K-25.9%	$44K	N/A	$46K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	-$17K+26.0%	-$22K-401.5%	$7K+129.4%	-$25K+21.8%	-$32K+25.9%	-$44K	N/A	-$46K
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	N/A	$0.00

SEAV Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$20K-89.5%	$186K-28.9%	$261K+27.9%	$204K-55.1%	$454K+33.3%	$341K
Current Assets	$16K-91.2%	$180K-29.8%	$256K+28.8%	$199K-56.1%	$453K+33.4%	$340K
Cash & Equivalents	$12K-58.0%	$29K-78.4%	$136K-29.2%	$192K-31.6%	$281K-17.2%	$340K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$150K+24.6%	$120K	N/A	$171K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$405K-2.1%	$414K+121.9%	$186K+458.1%	$33K-81.8%	$184K-40.0%	$306K
Current Liabilities	$405K-2.1%	$414K+121.9%	$186K+458.1%	$33K-81.8%	$184K-40.0%	$306K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$385K-68.9%	-$228K-404.4%	$75K-55.7%	$169K-37.5%	$271K+683.4%	$35K
Retained Earnings	-$1.1M-17.5%	-$897K-51.0%	-$594K-18.8%	-$500K-25.4%	-$399K-36.8%	-$291K

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$10K-1.4%	$11K-6.8%	$11K-42.2%	$20K-78.5%	$91K-9.8%	$101K-45.6%	$186K-37.4%	$297K
Current Assets	$7K-2.0%	$8K-9.1%	$8K-46.8%	$16K-81.6%	$86K-10.3%	$96K-46.7%	$180K-38.2%	$291K
Cash & Equivalents	$5K-3.1%	$5K-13.9%	$6K-53.8%	$12K-22.1%	$16K-38.4%	$26K-12.6%	$29K-40.7%	$50K
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	$70K0.0%	$70K-53.5%	$150K-20.1%	$187K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$382K+4.7%	$364K+5.1%	$347K-14.4%	$405K+2.5%	$395K+6.0%	$372K-9.9%	$414K+41.7%	$292K
Current Liabilities	$382K+4.7%	$364K+5.1%	$347K-14.4%	$405K+2.5%	$395K+6.0%	$372K-9.9%	$414K+41.7%	$292K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$371K-4.9%	-$354K-5.5%	-$335K+12.9%	-$385K-26.8%	-$304K-11.9%	-$271K-19.1%	-$228K-4758.5%	$5K
Retained Earnings	-$1.1M-1.5%	-$1.1M-2.1%	-$1.0M+0.7%	-$1.1M-8.3%	-$973K-3.4%	-$940K-4.9%	-$897K-35.1%	-$664K

SEAV Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$40K+67.9%	-$125K-109.4%	-$60K+30.0%	-$85K+78.8%	-$402K-90.0%	-$211K
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	$650+200.0%	-$650-425.0%	$200+104.7%	-$4K	N/A	-$1K
Financing Cash Flow	$23K+12.5%	$20K	N/A	$300-99.9%	$343K+17.8%	$291K
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	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$1K+145.4%	-$3K+94.3%	-$46K-260.2%	-$13K+43.1%	-$22K-54.4%	-$14K+62.5%	-$39K-508.3%	$9K
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	-$1K-199.9%	$1K-96.7%	$39K	$0	$0-100.0%	$650	$0	$0
Financing Cash Flow	N/A	N/A	N/A	$0-100.0%	$13K+25.0%	$10K	N/A	N/A
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

SEAV Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	23.3%+5.5pp	17.8%-1.9pp	19.7%+12.8pp	6.9%-27.5pp	34.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	-92.2%-74.4pp	-17.9%+8.7pp	-26.5%+16.3pp	-42.8%+727.4pp	-770.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-801.8%-638.7pp	-163.1%-127.1pp	-36.0%+13.7pp	-49.8%-26.2pp	-23.6%+40.8pp	-64.4%
Current Ratio	0.04-0.4	0.43-0.9	1.37-4.6	5.96+3.5	2.47+1.4	1.11
Debt-to-Equity	-1.05+0.8	-1.81-4.3	2.49+2.3	0.20-0.5	0.68-8.2	8.87
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
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	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-159.0%+52.9pp	-211.9%-277.4pp	65.5%+149.4pp	-83.9%-48.4pp	-35.4%+7.7pp	-43.1%	N/A	-15.4%
Current Ratio	0.020.0	0.020.0	0.02-0.0	0.04-0.2	0.22-0.0	0.26-0.2	0.43-0.6	1.00
Debt-to-Equity	-1.030.0	-1.030.0	-1.03+0.0	-1.05+0.2	-1.30+0.1	-1.37+0.4	-1.81-61.4	59.62
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$385K), 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 (0.04), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Seatech Ventures profitable?

No, Seatech Ventures (SEAV) reported a net income of -$157K in fiscal year 2024.

What is Seatech Ventures's earnings per share (EPS)?

Seatech Ventures (SEAV) reported diluted earnings per share of $0.00 for fiscal year 2024. 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.

What is Seatech Ventures's operating cash flow?

Seatech Ventures (SEAV) generated -$40K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Seatech Ventures's total assets?

Seatech Ventures (SEAV) had $20K in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Seatech Ventures have outstanding?

Seatech Ventures (SEAV) had 93M shares outstanding as of fiscal year 2024.

What is Seatech Ventures's current ratio?

Seatech Ventures (SEAV) had a current ratio of 0.04 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Seatech Ventures's debt-to-equity ratio?

Seatech Ventures (SEAV) had a debt-to-equity ratio of -1.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Seatech Ventures's return on assets (ROA)?

Seatech Ventures (SEAV) had a return on assets of -801.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Seatech Ventures's cash runway?

Based on fiscal year 2024 data, Seatech Ventures (SEAV) had $12K in cash against an annual operating cash burn of $40K. This gives an estimated cash runway of approximately 4 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 Seatech Ventures's debt-to-equity ratio negative or unusual?

Seatech Ventures (SEAV) has negative shareholder equity of -$385K as of fiscal year 2024, 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 Seatech Ventures's Piotroski F-Score?

Seatech Ventures (SEAV) has a Piotroski F-Score of 2 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Seatech Ventures's earnings high quality?

Seatech Ventures (SEAV) has an earnings quality ratio of 0.25x, 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.