Summit Networks Financials
This page shows Summit Networks (SNTW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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
Summit Networks passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Summit Networks generates $-1.40 in operating cash flow ($303K OCF vs -$216K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Summit Networks earns $-121.3 in operating income for every $1 of interest expense (-$231K vs $2K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Summit Networks's EBITDA was -$231K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 39.4% from the prior year.
Summit Networks reported -$216K in net income in fiscal year 2024. This represents a decrease of 1009.0% from the prior year.
Summit Networks held $46K in cash against $0 in long-term debt as of fiscal year 2024.
Summit Networks had 89M shares outstanding in fiscal year 2024. This represents an increase of 32.1% from the prior year.
SNTW Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q1'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9K+265.4% | $3K | N/A | N/A | $74K | N/A | N/A | N/A |
| Cost of Revenue | $9K+185.7% | $3K | N/A | N/A | $46K | N/A | N/A | N/A |
| Gross Profit | -$120+84.0% | -$749 | N/A | N/A | $28K | 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 | $81K-1.3% | $82K-1.1% | $83K-15.7% | $98K+138.8% | $41K-21.3% | $52K-0.1% | $52K+9.5% | $48K |
| Operating Income | -$81K+2.0% | -$83K+36.6% | -$131K-32.6% | -$98K-138.8% | -$41K+20.7% | -$52K+0.8% | -$52K-9.5% | -$48K |
| Interest Expense | $543-71.8% | $2K | N/A | N/A | $130-67.3% | $398-71.0% | $1K+66.3% | $825 |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$81K+4.9% | -$85K+35.1% | -$131K-32.6% | -$98K-242.8% | -$29K+44.8% | -$52K-1.8% | -$51K-9.7% | -$47K |
| EPS (Diluted) | $-0.000.0% | $-0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
SNTW Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q1'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $116K+112.4% | $55K-73.6% | $208K+100.1% | $104K-96.1% | $2.7M+1588.2% | $159K+36.2% | $117K-29.1% | $164K |
| Current Assets | $111K+125.7% | $49K-49.7% | $98K-5.6% | $104K-96.1% | $2.7M+1588.2% | $159K+36.2% | $117K-29.1% | $164K |
| Cash & Equivalents | $95K+506.1% | $16K-76.2% | $66K+68.0% | $39K-15.3% | $46K-69.4% | $151K+48.8% | $102K-32.0% | $150K |
| Inventory | N/A | N/A | N/A | N/A | $6K | N/A | N/A | $0 |
| Accounts Receivable | N/A | $739 | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | $2.6M | N/A | N/A | N/A |
| Total Liabilities | $926K+18.1% | $784K-8.0% | $852K+28.1% | $665K+11.7% | $595K-2.5% | $611K+0.8% | $606K-13.8% | $703K |
| Current Liabilities | $926K+18.1% | $784K+4.6% | $749K+12.6% | $665K+12.3% | $592K-3.0% | $611K+0.8% | $606K-13.8% | $703K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$810K-11.1% | -$729K-13.2% | -$644K-14.8% | -$561K-126.9% | $2.1M+561.2% | -$452K+7.7% | -$490K+9.1% | -$538K |
| Retained Earnings | -$1.8M-4.8% | -$1.7M-5.3% | -$1.6M-5.5% | -$1.5M-7.0% | -$1.4M-7.8% | -$1.3M-5.0% | -$1.2M-4.3% | -$1.2M |
SNTW Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q1'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$57K+19.5% | -$71K-11.3% | -$64K-12.1% | -$57K-112.1% | $473K+1039.0% | -$50K-5.3% | -$48K-217.9% | $41K |
| Capital Expenditures | $0-100.0% | $1-100.0% | $7K | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | -$57K+19.5% | -$71K-0.5% | -$71K | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | $0+100.0% | -$7K | N/A | N/A | N/A | N/A | -$1K |
| Financing Cash Flow | $137K+551.3% | $21K-78.5% | $98K+95.1% | $50K+101.9% | -$2.6M-1400.0% | $200K | N/A | $0 |
| 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 |
SNTW Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q1'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -1.3%+28.2pp | -29.5% | N/A | N/A | 38.1% | N/A | N/A | N/A |
| Operating Margin | -875.9%+2391.1pp | -3267.0% | N/A | N/A | -104.3% | N/A | N/A | N/A |
| Net Margin | -870.0%+2472.8pp | -3342.8% | N/A | N/A | -104.2% | 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 | -69.3%+85.5pp | -154.8%-91.9pp | -62.9%+32.0pp | -94.9%-93.8pp | -1.1%+31.7pp | -32.7%+11.0pp | -43.8%-2.0pp | -41.8% |
| Current Ratio | 0.12+0.1 | 0.06-0.1 | 0.13-0.0 | 0.16-4.4 | 4.52+4.3 | 0.26+0.1 | 0.19-0.0 | 0.23 |
| Debt-to-Equity | -1.14-0.1 | -1.08+0.2 | -1.32-0.1 | -1.18-1.5 | 0.29+1.6 | -1.35-0.1 | -1.24+0.1 | -1.31 |
| FCF Margin | -619.1%+2190.7pp | -2809.9% | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Summit Networks profitable?
No, Summit Networks (SNTW) reported a net income of -$216K in fiscal year 2024.
What is Summit Networks's earnings per share (EPS)?
Summit Networks (SNTW) 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 Summit Networks's EBITDA?
Summit Networks (SNTW) had EBITDA of -$231K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Summit Networks's operating cash flow?
Summit Networks (SNTW) generated $303K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Summit Networks's total assets?
Summit Networks (SNTW) had $2.7M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Summit Networks have outstanding?
Summit Networks (SNTW) had 89M shares outstanding as of fiscal year 2024.
What is Summit Networks's current ratio?
Summit Networks (SNTW) had a current ratio of 4.52 as of fiscal year 2024, which is generally considered healthy.
What is Summit Networks's debt-to-equity ratio?
Summit Networks (SNTW) had a debt-to-equity ratio of 0.29 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Summit Networks's return on assets (ROA)?
Summit Networks (SNTW) had a return on assets of -8.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Summit Networks's Piotroski F-Score?
Summit Networks (SNTW) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Summit Networks's earnings high quality?
Summit Networks (SNTW) has an earnings quality ratio of -1.40x, considered mixed quality. 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.
Can Summit Networks cover its interest payments?
Summit Networks (SNTW) has an interest coverage ratio of -121.3x, 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.