Trident Digital Tech Holdings Ltd Financials
This page shows Trident Digital Tech Holdings Ltd (TDTH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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
Trident Digital Tech Holdings Ltd passes 0 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Trident Digital Tech Holdings Ltd generates $1.17 in operating cash flow (-$9.5M OCF vs -$8.1M 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
Earnings & Revenue
Trident Digital Tech Holdings Ltd generated $465K in revenue in fiscal year 2024. This represents a decrease of 68.6% from the prior year.
Trident Digital Tech Holdings Ltd reported -$8.1M in net income in fiscal year 2024. This represents a decrease of 70.1% from the prior year.
Trident Digital Tech Holdings Ltd earned $-0.02 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 100.0% from the prior year.
Cash & Balance Sheet
Trident Digital Tech Holdings Ltd generated -$9.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 87.2% from the prior year.
Trident Digital Tech Holdings Ltd held $194K in cash against $96K in long-term debt as of fiscal year 2024.
Margins & Returns
Trident Digital Tech Holdings Ltd's gross margin was 0.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 17.7 percentage points from the prior year.
Trident Digital Tech Holdings Ltd's net profit margin was -1745.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1423.3 percentage points from the prior year.
Capital Allocation
Trident Digital Tech Holdings Ltd invested $763K in research and development in fiscal year 2024. This represents an increase of 30.1% from the prior year.
Trident Digital Tech Holdings Ltd invested $3K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 98.2% from the prior year.
TDTH Income Statement
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Revenue | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A |
TDTH Balance Sheet
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Total Assets | $2.7M-12.6% | $3.0M-48.0% | $5.8M |
| Current Assets | $1.7M-0.3% | $1.7M-58.4% | $4.0M |
| Cash & Equivalents | $185K-4.9% | $194K-89.3% | $1.8M |
| Inventory | N/A | N/A | N/A |
| Accounts Receivable | $102K+26.7% | $81K+3566.4% | $2K |
| Goodwill | N/A | N/A | N/A |
| Total Liabilities | $8.0M+134.5% | $3.4M+0.5% | $3.4M |
| Current Liabilities | $1.6M+22.1% | $1.3M-33.1% | $2.0M |
| Long-Term Debt | $69K-27.5% | $96K-45.8% | $177K |
| Total Equity | -$5.4M-1305.7% | -$381K-115.7% | $2.4M |
| Retained Earnings | -$25.6M-78.8% | -$14.3M-131.4% | -$6.2M |
TDTH Cash Flow Statement
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A |
TDTH Financial Ratios
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A |
| Current Ratio | 1.01-0.2 | 1.23-0.7 | 1.98 |
| Debt-to-Equity | -0.01+0.2 | -0.25-0.3 | 0.07 |
| FCF Margin | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$381K), 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.
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Frequently Asked Questions
What is Trident Digital Tech Holdings Ltd's annual revenue?
Trident Digital Tech Holdings Ltd (TDTH) reported $465K in total revenue for fiscal year 2024. This represents a -68.6% 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 Trident Digital Tech Holdings Ltd's revenue growing?
Trident Digital Tech Holdings Ltd (TDTH) revenue declined by 68.6% year-over-year, from $1.5M to $465K in fiscal year 2024.
Is Trident Digital Tech Holdings Ltd profitable?
No, Trident Digital Tech Holdings Ltd (TDTH) reported a net income of -$8.1M in fiscal year 2024, with a net profit margin of -1745.2%.
How much debt does Trident Digital Tech Holdings Ltd have?
As of fiscal year 2024, Trident Digital Tech Holdings Ltd (TDTH) had $194K in cash and equivalents against $96K in long-term debt.
What is Trident Digital Tech Holdings Ltd's gross margin?
Trident Digital Tech Holdings Ltd (TDTH) had a gross margin of 0.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Trident Digital Tech Holdings Ltd's net profit margin?
Trident Digital Tech Holdings Ltd (TDTH) had a net profit margin of -1745.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Trident Digital Tech Holdings Ltd's free cash flow?
Trident Digital Tech Holdings Ltd (TDTH) generated -$9.5M in free cash flow during fiscal year 2024. This represents a -87.2% 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 Trident Digital Tech Holdings Ltd's operating cash flow?
Trident Digital Tech Holdings Ltd (TDTH) generated -$9.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Trident Digital Tech Holdings Ltd's total assets?
Trident Digital Tech Holdings Ltd (TDTH) had $3.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Trident Digital Tech Holdings Ltd's capital expenditures?
Trident Digital Tech Holdings Ltd (TDTH) invested $3K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Trident Digital Tech Holdings Ltd spend on research and development?
Trident Digital Tech Holdings Ltd (TDTH) invested $763K in research and development during fiscal year 2024.
What is Trident Digital Tech Holdings Ltd's current ratio?
Trident Digital Tech Holdings Ltd (TDTH) had a current ratio of 1.23 as of fiscal year 2024, which is considered adequate.
What is Trident Digital Tech Holdings Ltd's debt-to-equity ratio?
Trident Digital Tech Holdings Ltd (TDTH) had a debt-to-equity ratio of -0.25 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Trident Digital Tech Holdings Ltd's return on assets (ROA)?
Trident Digital Tech Holdings Ltd (TDTH) had a return on assets of -267.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Trident Digital Tech Holdings Ltd's cash runway?
Based on fiscal year 2024 data, Trident Digital Tech Holdings Ltd (TDTH) had $194K in cash against an annual operating cash burn of $9.5M. This gives an estimated cash runway of approximately 0 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 Trident Digital Tech Holdings Ltd's debt-to-equity ratio negative or unusual?
Trident Digital Tech Holdings Ltd (TDTH) has negative shareholder equity of -$381K 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 Trident Digital Tech Holdings Ltd's Piotroski F-Score?
Trident Digital Tech Holdings Ltd (TDTH) has a Piotroski F-Score of 0 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 Trident Digital Tech Holdings Ltd's earnings high quality?
Trident Digital Tech Holdings Ltd (TDTH) has an earnings quality ratio of 1.17x, 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.