What is WF Holding Ltd.'s earnings per share (EPS)?

WF Holding Ltd. (WFF) reported diluted earnings per share of $-0.97 for fiscal year 2025. 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.

WF Holding Ltd. Financials

WFF

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows WF Holding Ltd. (WFF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).

Rhea AI WFF FY2025 2026-04-30

FY2025 became a financing-led reset as higher sales were overwhelmed by overhead expansion and heavy cash outflows.

The least obvious shift is that FY2025's cash strain was not mainly a working-capital problem: receivables and inventory both fell, yet operating cash flow swung from $753K in FY2024 to -$2.44M, so the business was consuming cash even as working capital released it. Cash still increased because $7.03M of financing arrived, which means losses and investment were funded externally rather than by stronger operations.

Margin damage sits below gross profit, not just in product economics: gross margin remained 31.9% in FY2025, but operating margin dropped to -20.5%. That points to a cost structure issue, reinforced by SG&A swelling to $3.88M from $1.73M a year earlier.

Liquidity looks better than earnings suggest, with cash rising to $2.30M and the current ratio improving to 2.5x. With long-term debt still only $160K, the balance sheet absorbed FY2025's hit without a big increase in long-term leverage, even though free cash flow fell to -$2.72M.

Financial Health Signals

Financial Health Score 48/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of WF Holding Ltd.'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.

Profitability

WF Holding Ltd. has an operating margin of -20.5%, meaning the company retains $-21 of operating profit per $100 of revenue. This below-average margin results in a low score of 21/100, suggesting thin profitability after operating expenses. This is down from 2.5% the prior year.

Growth

WF Holding Ltd.'s revenue surged 61.9% year-over-year to $7.4M, reflecting rapid business expansion. This strong growth earns a score of 73/100.

Leverage

WF Holding Ltd. 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 86/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.51, WF Holding Ltd. holds $2.51 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 69/100.

Cash Flow

While WF Holding Ltd. generated -$2.4M in operating cash flow, capex of $282K consumed most of it, leaving -$2.7M in free cash flow. This results in a low score of 15/100, reflecting heavy capital investment rather than weak cash generation.

Returns

WF Holding Ltd. generates a -100.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 23/100. This is down from 4.1% the prior year.

Altman Z-Score Grey Zone

2.18

WF Holding Ltd. scores 2.18, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($21.0M) relative to total liabilities ($6.6M). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

WF Holding Ltd. passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.51x

For every $1 of reported earnings, WF Holding Ltd. generates $0.51 in operating cash flow (-$2.4M OCF vs -$4.8M 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

-90.8x

WF Holding Ltd. earns $-90.8 in operating income for every $1 of interest expense (-$1.5M vs $17K). 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

$7.4M

YoY+61.9%

WF Holding Ltd. generated $7.4M in revenue in fiscal year 2025. This represents an increase of 61.9% from the prior year.

EBITDA

-$1.4M

YoY-618.1%

WF Holding Ltd.'s EBITDA was -$1.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 618.1% from the prior year.

Net Income

-$4.8M

YoY-4373.8%

WF Holding Ltd. reported -$4.8M in net income in fiscal year 2025. This represents a decrease of 4373.8% from the prior year.

EPS (Diluted)

$-0.97

WF Holding Ltd. earned $-0.97 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$2.7M

YoY-487.3%

WF Holding Ltd. generated -$2.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 487.3% from the prior year.

Cash & Debt

$2.3M

YoY+117.7%

WF Holding Ltd. held $2.3M in cash against $160K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

WF Holding Ltd. had 5M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

31.9%

YoY-8.5pp

WF Holding Ltd.'s gross margin was 31.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 8.5 percentage points from the prior year.

Operating Margin

-20.5%

YoY-23.0pp

WF Holding Ltd.'s operating margin was -20.5% in fiscal year 2025, reflecting core business profitability. This is down 23.0 percentage points from the prior year.

Net Margin

-64.4%

YoY-66.9pp

WF Holding Ltd.'s net profit margin was -64.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 66.9 percentage points from the prior year.

Return on Equity

-100.4%

YoY-104.5pp

WF Holding Ltd.'s ROE was -100.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 104.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$282K

YoY+446.9%

WF Holding Ltd. invested $282K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 446.9% from the prior year.

WFF Income Statement

Metric	FY25	FY24	FY23	FY22
Revenue	$7.4M+61.9%	$4.6M-20.3%	$5.7M+15.4%	$5.0M
Cost of Revenue	$5.0M+84.9%	$2.7M-27.4%	$3.8M+32.8%	$2.8M
Gross Profit	$2.4M+28.0%	$1.8M-6.8%	$2.0M-7.5%	$2.1M
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$3.9M+124.3%	$1.7M+30.5%	$1.3M+49.2%	$888K
Operating Income	-$1.5M-1410.2%	$116K-82.3%	$655K-47.7%	$1.3M
Interest Expense	$17K-20.2%	$21K-6.1%	$22K+0.2%	$22K
Income Tax	$85K+1049.4%	$7K-96.4%	$204K-33.4%	$307K
Net Income	-$4.8M-4373.8%	$112K-77.3%	$491K-49.8%	$979K
EPS (Diluted)	$-0.97	$0.02-77.6%	$0.11+167.5%	$0.04

Metric	Q4'25	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

WFF Balance Sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$11.4M+83.2%	$6.2M+15.6%	$5.4M	N/A
Current Assets	$5.1M+6.7%	$4.8M+22.4%	$3.9M	N/A
Cash & Equivalents	$2.3M+117.7%	$1.1M+36.0%	$777K+12.7%	$690K
Inventory	$558K-34.0%	$846K+90.3%	$445K	N/A
Accounts Receivable	$1.6M-11.8%	$1.8M-18.4%	$2.2M	N/A
Goodwill	$196K	N/A	N/A	N/A
Total Liabilities	$6.6M+91.3%	$3.5M+23.1%	$2.8M	N/A
Current Liabilities	$2.0M-35.5%	$3.2M+32.7%	$2.4M	N/A
Long-Term Debt	$160K-6.9%	$172K-23.3%	$224K	N/A
Total Equity	$4.8M+73.1%	$2.7M+7.3%	$2.6M+18.4%	$2.2M
Retained Earnings	-$2.0M-174.1%	$2.7M+4.2%	$2.6M	N/A

Metric	Q4'25	Q4'24	Q4'23
Total Assets	$11.4M+83.2%	$6.2M+15.6%	$5.4M
Current Assets	$5.1M+6.7%	$4.8M+22.4%	$3.9M
Cash & Equivalents	$2.3M+117.7%	$1.1M+36.0%	$777K
Inventory	$558K-34.0%	$846K+90.3%	$445K
Accounts Receivable	$1.6M-11.8%	$1.8M-18.4%	$2.2M
Goodwill	N/A	N/A	N/A
Total Liabilities	$6.6M+91.3%	$3.5M+23.1%	$2.8M
Current Liabilities	$2.0M-35.5%	$3.2M+32.7%	$2.4M
Long-Term Debt	$160K-6.9%	$172K-23.3%	$224K
Total Equity	$4.8M+73.1%	$2.7M+7.3%	$2.6M
Retained Earnings	-$2.0M-174.1%	$2.7M+4.2%	$2.6M

WFF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22
Operating Cash Flow	-$2.4M-423.4%	$753K+14.9%	$656K+493.6%	-$167K
Capital Expenditures	$282K+446.9%	$52K-29.5%	$73K-41.9%	$126K
Free Cash Flow	-$2.7M-487.3%	$702K+20.5%	$583K+299.3%	-$292K
Investing Cash Flow	-$3.8M-7220.1%	-$52K+29.5%	-$73K+37.5%	-$117K
Financing Cash Flow	$7.0M+1609.1%	-$466K-5.2%	-$443K-316.9%	-$106K
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q4'25	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

WFF Financial Ratios

Metric	FY25	FY24	FY23	FY22
Gross Margin	31.9%-8.5pp	40.4%+5.8pp	34.5%-8.6pp	43.1%
Operating Margin	-20.5%-23.0pp	2.5%-8.9pp	11.4%-13.8pp	25.2%
Net Margin	-64.4%-66.9pp	2.4%-6.1pp	8.6%-11.1pp	19.7%
Return on Equity	-100.4%-104.5pp	4.1%-15.1pp	19.2%-26.1pp	45.3%
Return on Assets	-41.9%-43.7pp	1.8%-7.3pp	9.1%	N/A
Current Ratio	2.51+1.0	1.52-0.1	1.64	N/A
Debt-to-Equity	0.03-0.0	0.06-0.0	0.09	N/A
FCF Margin	-36.7%-52.1pp	15.3%+5.2pp	10.2%+16.1pp	-5.9%

Metric	Q4'25	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	2.51+1.0	1.52-0.1	1.64
Debt-to-Equity	0.03-0.0	0.06-0.0	0.09
FCF Margin	N/A	N/A	N/A

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Frequently Asked Questions

What is WF Holding Ltd.'s annual revenue?

WF Holding Ltd. (WFF) reported $7.4M in total revenue for fiscal year 2025. This represents a 61.9% 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 WF Holding Ltd.'s revenue growing?

WF Holding Ltd. (WFF) revenue grew by 61.9% year-over-year, from $4.6M to $7.4M in fiscal year 2025.

Is WF Holding Ltd. profitable?

No, WF Holding Ltd. (WFF) reported a net income of -$4.8M in fiscal year 2025, with a net profit margin of -64.4%.

What is WF Holding Ltd.'s EBITDA?

WF Holding Ltd. (WFF) had EBITDA of -$1.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does WF Holding Ltd. have?

As of fiscal year 2025, WF Holding Ltd. (WFF) had $2.3M in cash and equivalents against $160K in long-term debt.

What is WF Holding Ltd.'s gross margin?

WF Holding Ltd. (WFF) had a gross margin of 31.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is WF Holding Ltd.'s operating margin?

WF Holding Ltd. (WFF) had an operating margin of -20.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is WF Holding Ltd.'s net profit margin?

WF Holding Ltd. (WFF) had a net profit margin of -64.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is WF Holding Ltd.'s return on equity (ROE)?

WF Holding Ltd. (WFF) has a return on equity of -100.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is WF Holding Ltd.'s free cash flow?

WF Holding Ltd. (WFF) generated -$2.7M in free cash flow during fiscal year 2025. This represents a -487.3% 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 WF Holding Ltd.'s operating cash flow?

WF Holding Ltd. (WFF) generated -$2.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are WF Holding Ltd.'s total assets?

WF Holding Ltd. (WFF) had $11.4M in total assets as of fiscal year 2025, including both current and long-term assets.

What are WF Holding Ltd.'s capital expenditures?

WF Holding Ltd. (WFF) invested $282K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does WF Holding Ltd. have outstanding?

WF Holding Ltd. (WFF) had 5M shares outstanding as of fiscal year 2025.

What is WF Holding Ltd.'s current ratio?

WF Holding Ltd. (WFF) had a current ratio of 2.51 as of fiscal year 2025, which is generally considered healthy.

What is WF Holding Ltd.'s debt-to-equity ratio?

WF Holding Ltd. (WFF) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is WF Holding Ltd.'s return on assets (ROA)?

WF Holding Ltd. (WFF) had a return on assets of -41.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is WF Holding Ltd.'s cash runway?

Based on fiscal year 2025 data, WF Holding Ltd. (WFF) had $2.3M in cash against an annual operating cash burn of $2.4M. This gives an estimated cash runway of approximately 11 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 WF Holding Ltd.'s Altman Z-Score?

WF Holding Ltd. (WFF) has an Altman Z-Score of 2.18, placing it in the Grey Zone (moderate 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 WF Holding Ltd.'s Piotroski F-Score?

WF Holding Ltd. (WFF) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 WF Holding Ltd.'s earnings high quality?

WF Holding Ltd. (WFF) has an earnings quality ratio of 0.51x, 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 WF Holding Ltd. cover its interest payments?

WF Holding Ltd. (WFF) has an interest coverage ratio of -90.8x, 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 WF Holding Ltd.?

WF Holding Ltd. (WFF) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.