Starbox Group Financials

STBXF

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2024 Currency USD FYE September

This page shows Starbox Group (STBXF) 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).

Financial Health Signals

Financial Profile 31/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Starbox Group has an operating margin of -1469.2%, meaning the company retains $-1469 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. This is down from 39.2% the prior year.

Growth

Starbox Group's revenue declined 47.4% year-over-year, from $11.7M to $6.2M. This contraction results in a growth score of 0/100.

Leverage

100

Starbox Group carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 4.33, Starbox Group holds $4.33 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.

Cash Flow

While Starbox Group generated -$2.5M in operating cash flow, capex of $35K consumed most of it, leaving -$2.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Starbox Group generates a -145.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 2.4% the prior year.

Piotroski F-Score Weak

1/9

Starbox Group passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Low Quality

0.02x

For every $1 of reported earnings, Starbox Group generates $0.02 in operating cash flow (-$2.5M OCF vs -$101.3M 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

-968.7x

Starbox Group earns $-968.7 in operating income for every $1 of interest expense (-$90.7M vs $94K). 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

$6.2M

YoY-47.4%

Starbox Group generated $6.2M in revenue in fiscal year 2024. This represents a decrease of 47.4% from the prior year.

EBITDA

-$86.4M

YoY-1442.1%

Starbox Group's EBITDA was -$86.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1442.1% from the prior year.

Net Income

-$101.3M

YoY-4815.8%

Starbox Group reported -$101.3M in net income in fiscal year 2024. This represents a decrease of 4815.8% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$2.5M

YoY+78.3%

Starbox Group generated -$2.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 78.3% from the prior year.

Cash & Debt

$496K

YoY-80.4%

Starbox Group held $496K in cash against $2.2M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

66.0%

YoY-26.9pp

Starbox Group's gross margin was 66.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 26.9 percentage points from the prior year.

Operating Margin

-1469.2%

YoY-1508.3pp

Starbox Group's operating margin was -1469.2% in fiscal year 2024, reflecting core business profitability. This is down 1508.3 percentage points from the prior year.

Net Margin

-1640.8%

YoY-1659.1pp

Starbox Group's net profit margin was -1640.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1659.1 percentage points from the prior year.

Return on Equity

-145.0%

YoY-147.4pp

Starbox Group's ROE was -145.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 147.4 percentage points from the prior year.

Capital Allocation

R&D Spending

$85.7M

YoY+28976.1%

Starbox Group invested $85.7M in research and development in fiscal year 2024. This represents an increase of 28976.1% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$35K

YoY+138.5%

Starbox Group invested $35K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 138.5% from the prior year.

STBXF Income Statement

Metric	FY24	FY23	FY22	FY21	FY20
Revenue	$6.2M-47.4%	$11.7M+63.2%	$7.2M+127.2%	$3.2M+1957.8%	$154K
Cost of Revenue	$2.1M+151.4%	$835K+12975.6%	$6K-67.9%	$20K	N/A
Gross Profit	$4.1M-62.6%	$10.9M+51.7%	$7.2M+128.4%	$3.1M	N/A
R&D Expenses	$85.7M+28976.1%	$295K+0.7%	$293K+98.6%	$147K+278.4%	$39K
SG&A Expenses	$8.4M+48.3%	$5.6M+151.2%	$2.2M+118.6%	$1.0M+198.3%	$344K
Operating Income	-$90.7M-2072.8%	$4.6M-7.1%	$5.0M+131.3%	$2.1M+1225.3%	-$190K
Interest Expense	$94K+198.6%	$31K	N/A	N/A	N/A
Income Tax	-$545K-125.5%	$2.1M+51.6%	$1.4M+103.3%	$692K+4518.8%	$15K
Net Income	-$101.3M-4815.8%	$2.1M-40.4%	$3.6M+148.8%	$1.4M+805.6%	-$205K
EPS (Diluted)	N/A	$0.04-55.6%	$0.09+125.0%	$0.04	N/A

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q4'20
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

STBXF Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20
Total Assets	$120.9M-21.0%	$153.0M+511.1%	$25.0M+523.7%	$4.0M+504.8%	$664K
Current Assets	$13.3M-52.8%	$28.2M+17.2%	$24.1M+551.3%	$3.7M	N/A
Cash & Equivalents	$496K-80.4%	$2.5M-85.8%	$17.8M+674.6%	$2.3M	N/A
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$537K-94.3%	$9.4M+362.7%	$2.0M+49.2%	$1.4M	N/A
Goodwill	$60.0M-27.0%	$82.2M	N/A	N/A	N/A
Total Liabilities	$51.1M-19.2%	$63.2M+3069.4%	$2.0M-27.6%	$2.8M+167.0%	$1.0M
Current Liabilities	$3.1M-9.1%	$3.4M+72.1%	$2.0M-21.9%	$2.5M	N/A
Long-Term Debt	$2.2M+4.9%	$2.1M	N/A	N/A	N/A
Total Equity	$69.8M-22.2%	$89.8M+289.6%	$23.0M+1727.4%	$1.3M+443.3%	-$367K
Retained Earnings	-$92.4M-1141.8%	$8.9M+89.4%	$4.7M+332.7%	$1.1M	N/A

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q4'20
Total Assets	$120.9M-19.4%	$150.1M-1.9%	$153.0M+285.1%	$39.7M+58.7%	$25.0M+291.1%	$6.4M+59.5%	$4.0M+504.8%	$664K
Current Assets	$13.3M-51.2%	$27.3M-3.2%	$28.2M+35.4%	$20.9M-13.4%	$24.1M	N/A	$3.7M	N/A
Cash & Equivalents	$496K+3.4%	$479K-81.0%	$2.5M+192.1%	$864K-95.1%	$17.8M	N/A	$2.3M	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$537K-51.7%	$1.1M-88.2%	$9.4M+88.6%	$5.0M+145.3%	$2.0M	N/A	$1.4M	N/A
Goodwill	$60.0M-27.0%	$82.2M0.0%	$82.2M	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$51.1M-18.0%	$62.3M-1.4%	$63.2M+4204.5%	$1.5M-26.4%	$2.0M-48.8%	$3.9M+41.5%	$2.8M+167.0%	$1.0M
Current Liabilities	$3.1M+59.5%	$1.9M-43.0%	$3.4M+199.5%	$1.1M-42.5%	$2.0M	N/A	$2.5M	N/A
Long-Term Debt	$2.2M+9.8%	$2.0M-4.5%	$2.1M	N/A	N/A	N/A	N/A	N/A
Total Equity	$69.8M-20.5%	$87.8M-2.2%	$89.8M+134.7%	$38.3M+66.0%	$23.0M+818.9%	$2.5M+98.9%	$1.3M+443.3%	-$367K
Retained Earnings	-$92.4M-1939.8%	-$4.5M-151.1%	$8.9M+46.7%	$6.0M+29.1%	$4.7M	N/A	$1.1M	N/A

STBXF Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$2.5M+78.5%	-$11.5M-835.5%	-$1.2M-165.4%	$1.9M+650.3%	-$342K
Capital Expenditures	$35K+138.5%	$15K+122.9%	$7K+28.2%	$5K-36.5%	$8K
Free Cash Flow	-$2.5M+78.3%	-$11.5M-831.6%	-$1.2M-166.0%	$1.9M+635.9%	-$351K
Investing Cash Flow	-$445K+97.3%	-$16.8M-1375.6%	-$1.1M-21732.2%	-$5K+36.5%	-$8K
Financing Cash Flow	$78K-99.4%	$12.1M-33.1%	$18.0M+24237.0%	$74K-89.5%	$707K
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	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

STBXF Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20
Gross Margin	66.0%-26.9pp	92.9%-7.0pp	99.9%+0.5pp	99.4%	N/A
Operating Margin	-1469.2%-1508.3pp	39.2%-29.7pp	68.8%+1.2pp	67.6%+191.2pp	-123.6%
Net Margin	-1640.8%-1659.1pp	18.3%-31.8pp	50.1%+4.4pp	45.7%+179.1pp	-133.3%
Return on Equity	-145.0%-147.4pp	2.4%-13.2pp	15.6%-99.1pp	114.8%	N/A
Return on Assets	-83.8%-85.2pp	1.4%-13.0pp	14.4%-21.7pp	36.0%+67.0pp	-30.9%
Current Ratio	4.33-4.0	8.34-3.9	12.23+10.8	1.47	N/A
Debt-to-Equity	0.030.0	0.02-0.1	0.09-2.1	2.18+5.0	-2.81
FCF Margin	-40.6%+57.7pp	-98.3%-81.1pp	-17.2%-76.6pp	59.3%+287.2pp	-227.8%

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q4'20
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	4.33-9.8	14.16+5.8	8.34-10.1	18.44+6.2	12.23	N/A	1.47	N/A
Debt-to-Equity	0.030.0	0.020.0	0.02-0.0	0.04-0.0	0.09-1.5	1.55-0.6	2.18+5.0	-2.81
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Starbox Group's annual revenue?

Starbox Group (STBXF) reported $6.2M in total revenue for fiscal year 2024. This represents a -47.4% 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.

How fast is Starbox Group's revenue growing?

Starbox Group (STBXF) revenue declined by 47.4% year-over-year, from $11.7M to $6.2M in fiscal year 2024.

Is Starbox Group profitable?

No, Starbox Group (STBXF) reported a net income of -$101.3M in fiscal year 2024, with a net profit margin of -1640.8%.

What is Starbox Group's EBITDA?

Starbox Group (STBXF) had EBITDA of -$86.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Starbox Group have?

As of fiscal year 2024, Starbox Group (STBXF) had $496K in cash and equivalents against $2.2M in long-term debt.

What is Starbox Group's gross margin?

Starbox Group (STBXF) had a gross margin of 66.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Starbox Group's operating margin?

Starbox Group (STBXF) had an operating margin of -1469.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Starbox Group's net profit margin?

Starbox Group (STBXF) had a net profit margin of -1640.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Starbox Group's return on equity (ROE)?

Starbox Group (STBXF) has a return on equity of -145.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Starbox Group's free cash flow?

Starbox Group (STBXF) generated -$2.5M in free cash flow during fiscal year 2024. This represents a 78.3% change compared to the previous fiscal year. 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 Starbox Group's operating cash flow?

Starbox Group (STBXF) generated -$2.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Starbox Group's total assets?

Starbox Group (STBXF) had $120.9M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Starbox Group's capital expenditures?

Starbox Group (STBXF) invested $35K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Starbox Group spend on research and development?

Starbox Group (STBXF) invested $85.7M in research and development during fiscal year 2024.

What is Starbox Group's current ratio?

Starbox Group (STBXF) had a current ratio of 4.33 as of fiscal year 2024, which is generally considered healthy.

What is Starbox Group's debt-to-equity ratio?

Starbox Group (STBXF) had a debt-to-equity ratio of 0.03 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Starbox Group's return on assets (ROA)?

Starbox Group (STBXF) had a return on assets of -83.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Starbox Group's cash runway?

Based on fiscal year 2024 data, Starbox Group (STBXF) had $496K in cash against an annual operating cash burn of $2.5M. This gives an estimated cash runway of approximately 2 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.

What is Starbox Group's Piotroski F-Score?

Starbox Group (STBXF) has a Piotroski F-Score of 1 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 Starbox Group's earnings high quality?

Starbox Group (STBXF) has an earnings quality ratio of 0.02x, 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 Starbox Group cover its interest payments?

Starbox Group (STBXF) has an interest coverage ratio of -968.7x, 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 Starbox Group?

Starbox Group (STBXF) scores 31 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.