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 12 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).
External financing rather than sales is carrying the business, as overhead-heavy losses overwhelm a very small revenue base.
FY2025 consumed-$266K of operating cash while financing supplied$328K , so reported liquidity was being sustained from outside the business rather than from customers. That support still failed to preserve balance-sheet capacity, as the current ratio fell from 4.5x to 0.1x and equity turned negative in FY2025.
FY2025 produced only
Capital spending was just
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 Summit Networks'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.
Summit Networks has an operating margin of -2714.4%, meaning the company retains $-2714 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.
Summit Networks carries a low D/E ratio of -1.13, meaning only $-1.13 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Summit Networks's current ratio of 0.11 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Summit Networks generated -$266K in operating cash flow, capex of $7K consumed most of it, leaving -$273K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Summit Networks passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Summit Networks generates $0.80 in operating cash flow (-$266K OCF vs -$331K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Summit Networks earns $-32.1 in operating income for every $1 of interest expense (-$320K vs $10K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Summit Networks generated $12K in revenue in fiscal year 2025.
Summit Networks's EBITDA was -$318K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 37.9% from the prior year.
Summit Networks reported -$331K in net income in fiscal year 2025. This represents a decrease of 53.2% from the prior year.
Cash & Balance Sheet
Summit Networks generated -$273K in free cash flow in fiscal year 2025, representing cash available after capex.
Summit Networks held $95K in cash against $0 in long-term debt as of fiscal year 2025.
Summit Networks had 69M shares outstanding in fiscal year 2025. This represents a decrease of 22.3% from the prior year.
Margins & Returns
Summit Networks's gross margin was -7.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
Summit Networks's operating margin was -2714.4% in fiscal year 2025, reflecting core business profitability.
Summit Networks's net profit margin was -2806.4% in fiscal year 2025, showing the share of revenue converted to profit.
Capital Allocation
Summit Networks invested $7K in capex in fiscal year 2025, funding long-term assets and infrastructure.
SNTW Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | $9K+265.4% | $3K | N/A | N/A | N/A | $74K |
| Cost of Revenue | N/A | N/A | $9K+185.7% | $3K | N/A | N/A | N/A | $46K |
| Gross Profit | N/A | N/A | -$120+84.0% | -$749 | N/A | N/A | N/A | $28K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $59K | N/A | $81K-1.3% | $82K-1.1% | $83K-15.7% | $98K+138.8% | $41K-46.5% | $77K |
| Operating Income | -$59K | N/A | -$81K+2.0% | -$83K+0.2% | -$83K+15.7% | -$98K-138.8% | -$41K+46.5% | -$77K |
| Interest Expense | $6K | N/A | $543-71.8% | $2K | N/A | N/A | N/A | $130 |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$65K | N/A | -$81K+4.9% | -$85K-2.1% | -$83K+15.7% | -$98K-242.8% | -$29K+62.7% | -$77K |
| EPS (Diluted) | $-0.00 | N/A | $-0.000.0% | $-0.000.0% | $-0.00 | $0.00 | $0.00+100.0% | $-0.00 |
SNTW Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $143K+22.6% | $117K+0.5% | $116K+112.4% | $55K-73.6% | $208K+100.1% | $104K-96.1% | $2.7M-4.4% | $2.8M |
| Current Assets | $139K+24.1% | $112K+1.1% | $111K+125.7% | $49K-49.7% | $98K-5.6% | $104K-96.1% | $2.7M+1969.5% | $129K |
| Cash & Equivalents | $122K+28.9% | $95K-0.4% | $95K+506.1% | $16K-76.2% | $66K+68.0% | $39K-15.3% | $46K-55.6% | $104K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $6K |
| Accounts Receivable | N/A | N/A | N/A | $739 | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2.6M |
| Total Liabilities | $1.1M+9.0% | $1.0M+9.0% | $926K+18.1% | $784K-8.0% | $852K+28.1% | $665K+12.3% | $592K-16.0% | $705K |
| Current Liabilities | $1.1M+9.0% | $1.0M+9.0% | $926K+18.1% | $784K+4.6% | $749K+12.6% | $665K+12.3% | $592K-17.6% | $719K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$957K-7.3% | -$892K-10.2% | -$810K-11.1% | -$729K-13.2% | -$644K-14.8% | -$561K-126.9% | $2.1M-0.5% | $2.1M |
| Retained Earnings | -$1.9M-3.5% | -$1.8M-4.7% | -$1.8M-4.8% | -$1.7M-5.3% | -$1.6M-5.5% | -$1.5M-7.0% | -$1.4M-0.8% | -$1.4M |
SNTW Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$60K+18.1% | -$73K-27.8% | -$57K+19.5% | -$71K-11.3% | -$64K-12.1% | -$57K-68.5% | -$34K-217.9% | $29K |
| Capital Expenditures | N/A | $0 | $0 | $0-100.0% | $7K | N/A | N/A | N/A |
| Free Cash Flow | N/A | -$73K-27.8% | -$57K+19.5% | -$71K-0.5% | -$71K | N/A | N/A | N/A |
| Investing Cash Flow | N/A | $0 | $0 | $0+100.0% | -$7K | N/A | N/A | N/A |
| Financing Cash Flow | $87K+19.9% | $73K-46.6% | $137K+551.3% | $21K-78.5% | $98K+95.1% | $50K+101.9% | -$2.7M-203.8% | $2.6M |
| 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 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | -1.3%+28.2pp | -29.5% | N/A | N/A | N/A | 38.1% |
| Operating Margin | N/A | N/A | -875.9%+2391.1pp | -3267.0% | N/A | N/A | N/A | -104.3% |
| Net Margin | N/A | N/A | -870.0%+2472.8pp | -3342.8% | N/A | N/A | N/A | -104.2% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | -1.4%+2.3pp | -3.7% |
| Return on Assets | -45.2% | N/A | -69.3%+85.5pp | -154.8%-114.8pp | -40.0%+54.9pp | -94.9%-93.8pp | -1.1%+1.7pp | -2.8% |
| Current Ratio | 0.13+0.0 | 0.110.0 | 0.12+0.1 | 0.06-0.1 | 0.13-0.0 | 0.16-4.4 | 4.52+4.3 | 0.18 |
| Debt-to-Equity | -1.15-0.0 | -1.13+0.0 | -1.14-0.1 | -1.08+0.2 | -1.32-0.1 | -1.18-1.5 | 0.28-0.1 | 0.34 |
| FCF Margin | N/A | N/A | -619.1%+2190.7pp | -2809.8% | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$892K), 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 (0.11), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Summit Networks's annual revenue?
Summit Networks (SNTW) reported $12K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Summit Networks profitable?
No, Summit Networks (SNTW) reported a net income of -$331K in fiscal year 2025, with a net profit margin of -2806.4%.
What is Summit Networks's EBITDA?
Summit Networks (SNTW) had EBITDA of -$318K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Summit Networks's gross margin?
Summit Networks (SNTW) had a gross margin of -7.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Summit Networks's operating margin?
Summit Networks (SNTW) had an operating margin of -2714.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Summit Networks's net profit margin?
Summit Networks (SNTW) had a net profit margin of -2806.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Summit Networks's free cash flow?
Summit Networks (SNTW) generated -$273K in free cash flow during fiscal year 2025. 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.
What is Summit Networks's operating cash flow?
Summit Networks (SNTW) generated -$266K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Summit Networks's total assets?
Summit Networks (SNTW) had $117K in total assets as of fiscal year 2025, including both current and long-term assets.
What are Summit Networks's capital expenditures?
Summit Networks (SNTW) invested $7K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Summit Networks's current ratio?
Summit Networks (SNTW) had a current ratio of 0.11 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Summit Networks's debt-to-equity ratio?
Summit Networks (SNTW) had a debt-to-equity ratio of -1.13 as of fiscal year 2025, 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 -283.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Summit Networks's cash runway?
Based on fiscal year 2025 data, Summit Networks (SNTW) had $95K in cash against an annual operating cash burn of $266K. 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 Summit Networks's debt-to-equity ratio negative or unusual?
Summit Networks (SNTW) has negative shareholder equity of -$892K 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 Summit Networks's Piotroski F-Score?
Summit Networks (SNTW) 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 to 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 0.80x, 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.
Can Summit Networks cover its interest payments?
Summit Networks (SNTW) has an interest coverage ratio of -32.1x, 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.
How financially healthy is Summit Networks?
Summit Networks (SNTW) scores 16 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.