Santech Holdings Limited American (STEC) Financials
Newest figures come from the 20-F for FY2025, filed Oct 17, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the STEC SEC filings page.
Santech Holdings Limited American (STEC) reported $0 in revenue for fiscal year 2025, down 100.0% from the prior fiscal year. This page shows its 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).
Reported cash generation has outpaced earnings, while a thin equity base leaves the business primarily financed by current liabilities.
Cash conversion is stronger than reported profitability: in FY2023 and FY2024, operating cash flow remained positive even as net income stayed negative, and free cash flow matched operating cash flow because capital spending was negligible. That combination points to cash arriving through non-earnings movements rather than from a profitable operating engine, making cash flow quality more important than the headline loss alone.
The balance sheet became much smaller between FY2022 and FY2023, but the financing burden did not disappear: liabilities were
Near-term liquidity is only modestly above balance: the current ratio improved from 1.0x in FY2023 to 1.1x in FY2024, while nearly all liabilities were current. Revenue also rose alongside a narrowing operating loss, suggesting improving cost absorption, but the business remained unprofitable and required little recorded reinvestment to produce its reported free cash flow.
Financial Health Signals
Santech Holdings Limited American does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Santech Holdings Limited American scores 482.89, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($128.5M) relative to total liabilities ($158K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Santech Holdings Limited American passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Santech Holdings Limited American reported a net loss of $5.4M while operations used $6.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Santech Holdings Limited American held $950K in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
STEC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
STEC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|
| Total Assets | $9.9M-40.9% | $16.7M-3.5% | $17.4M-93.5% | $265.7M+12.2% | $236.9M |
| Current Assets | $9.9M-36.2% | $15.5M+19.8% | $12.9M-93.5% | $200.0M-12.5% | $228.6M |
| Cash & Equivalents | $950K-92.9% | $13.3M+5.5% | $12.6M+268.0% | $3.4M-95.0% | $68.0M |
| Accounts Receivable | N/A | N/A | N/A | $84.1M-8.6% | $92.0M |
| Goodwill | N/A | N/A | N/A | $11.2M | N/A |
| Total Liabilities | $158K-98.9% | $14.2M+0.2% | $14.2M-94.6% | $259.8M+15.0% | $225.8M |
| Current Liabilities | $158K-98.9% | $13.9M+11.3% | $12.5M-89.2% | $116.2M-5.7% | $123.2M |
| Non-Current Liabilities | $0-100.0% | $250K-84.7% | $1.6M+133.6% | $699K-66.9% | $2.1M |
| Total Equity | $9.7M+279.8% | $2.6M-20.0% | $3.2M-45.9% | $5.9M-46.5% | $11.1M |
| Retained Earnings | -$36.1M-17.5% | -$30.7M-2.5% | -$30.0M-157.7% | $51.9M+147.4% | $21.0M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Long-Term Debt.
STEC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
STEC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Santech Holdings Limited American STEC | FY2025 | $0 | -$5.4M | N/A | $128.5M | — |
| Perfect Corp. PERF | FY2025 | $69.2M | $4.6M | 6.7% | $192.5M | 57/100 |
| Marti Technologies, Inc. MRT | FY2025 | $39.2M | -$41.4M | N/A | $169.8M | 36/100 |
| Expensify, Inc. EXFY | FY2025 | $142.1M | -$21.4M | -15.0% | $204.3M | 38/100 |
| AudioEye, Inc. AEYE | FY2025 | $40.3M | -$3.1M | -7.6% | $83.3M | 45/100 |
| WM TECHNOLOGY INC A MAPS | FY2025 | $174.7M | $2.0M | 1.1% | $45.4M | — |
Where Santech Holdings Limited American Ranks
Frequently Asked Questions
What is Santech Holdings Limited American's annual revenue?
Santech Holdings Limited American (STEC) reported $0 in total revenue for fiscal year 2025. This represents a -100.0% 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 Santech Holdings Limited American's revenue growing?
Santech Holdings Limited American (STEC) revenue declined by 100.0% year-over-year, from $21.8M to $0 in fiscal year 2025.
Is Santech Holdings Limited American profitable?
No, Santech Holdings Limited American (STEC) reported a net income of -$5.4M in fiscal year 2025.
What is Santech Holdings Limited American's EBITDA?
Santech Holdings Limited American (STEC) had EBITDA of -$3.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Santech Holdings Limited American's return on equity (ROE)?
Santech Holdings Limited American (STEC) has a return on equity of -55.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Santech Holdings Limited American's free cash flow?
Santech Holdings Limited American (STEC) recorded an outflow of $6.5M in free cash flow during fiscal year 2025. This represents a -352.9% 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 Santech Holdings Limited American's operating cash flow?
Santech Holdings Limited American (STEC) recorded an outflow of $6.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Santech Holdings Limited American's total assets?
Santech Holdings Limited American (STEC) had $9.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Santech Holdings Limited American's capital expenditures?
Santech Holdings Limited American (STEC) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Santech Holdings Limited American's current ratio?
Santech Holdings Limited American (STEC) had a current ratio of 62.56 as of fiscal year 2025, which is generally considered healthy.
What is Santech Holdings Limited American's debt-to-equity ratio?
Santech Holdings Limited American (STEC) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Santech Holdings Limited American's return on assets (ROA)?
Santech Holdings Limited American (STEC) had a return on assets of -54.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Santech Holdings Limited American's Altman Z-Score?
Santech Holdings Limited American (STEC) has an Altman Z-Score of 482.89, placing it in the Safe Zone (low 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.
What is Santech Holdings Limited American's Piotroski F-Score?
Santech Holdings Limited American (STEC) has a Piotroski F-Score of 1 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.
Are Santech Holdings Limited American's earnings high quality?
Santech Holdings Limited American (STEC) reported a net loss of $5.4M while operations used $6.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.