Scworx Corp Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Scworx Corp has an operating margin of -42.1%, meaning the company retains $-42 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 -38.1% the prior year.
Scworx Corp's revenue declined 21.4% year-over-year, from $3.8M to $3.0M. This contraction results in a growth score of 0/100.
Scworx Corp carries a low D/E ratio of 0.41, meaning only $0.41 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.
Scworx Corp's current ratio of 0.27 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
Scworx Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Scworx Corp generates $0.95 in operating cash flow (-$1.1M OCF vs -$1.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Scworx Corp earns $-12.1 in operating income for every $1 of interest expense (-$1.3M vs $104K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Scworx Corp (WORX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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).
Key Financial Metrics
Scworx Corp generated $3.0M in revenue in fiscal year 2024. This represents a decrease of 21.4% from the prior year.
Scworx Corp reported -$1.1M in net income in fiscal year 2024. This represents an increase of 71.5% from the prior year.
Scworx Corp earned $-0.78 per diluted share (EPS) in fiscal year 2024. This represents an increase of 79.8% from the prior year.
Scworx Corp held $107K in cash against $0 in long-term debt as of fiscal year 2024.
Scworx Corp had 2M shares outstanding in fiscal year 2024. This represents an increase of 50.9% from the prior year.
Scworx Corp's gross margin was 24.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 8.4 percentage points from the prior year.
Scworx Corp's operating margin was -42.1% in fiscal year 2024, reflecting core business profitability. This is down 4.0 percentage points from the prior year.
Scworx Corp's net profit margin was -38.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 66.6 percentage points from the prior year.
WORX Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $706K+3.4% | $683K-5.2% | $720K+6.6% | $676K-8.9% | $742K-8.6% | $812K-10.8% | $910K+0.5% | $906K |
| Cost of Revenue | $454K-9.6% | $502K-13.9% | $583K+12.8% | $517K+4.4% | $496K-17.9% | $603K+7.1% | $564K-15.5% | $667K |
| Gross Profit | $252K+39.6% | $180K+31.8% | $137K-13.6% | $158K-35.7% | $246K+18.1% | $209K-39.8% | $347K+44.9% | $239K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $198K-4.4% | $207K+13.5% | $183K-19.2% | $226K+30.4% | $173K+8.7% | $160K-6.3% | $170K-74.7% | $673K |
| Operating Income | -$139K+52.7% | -$294K+12.1% | -$334K+12.2% | -$380K-23.8% | -$307K-72.1% | -$178K-298.3% | -$45K+94.8% | -$858K |
| Interest Expense | $1.2M-23.5% | $1.5M+978.3% | $142K+235.9% | $42K+40.4% | $30K+14760.1% | $203 | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.3M+31.1% | -$1.9M-300.2% | -$476K-143.9% | -$195K+42.1% | -$337K-88.8% | -$179K+93.0% | -$2.6M-199.3% | -$858K |
| EPS (Diluted) | $-0.15+67.4% | $-0.46 | $-0.25-127.3% | $-0.11+57.7% | $-0.26-85.7% | $-0.14+94.3% | $-2.47-225.0% | $-0.76 |
WORX Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.2M+8.0% | $6.6M-7.1% | $7.2M+12.8% | $6.3M-2.6% | $6.5M+2.7% | $6.3M+1.0% | $6.3M-28.8% | $8.8M |
| Current Assets | $1.3M+65.9% | $804K-38.9% | $1.3M+161.1% | $503K-25.1% | $672K+34.2% | $501K+14.9% | $436K-3.2% | $450K |
| Cash & Equivalents | $684K+101.1% | $340K-68.3% | $1.1M+905.5% | $107K+517.8% | $17K-56.4% | $40K-56.7% | $91K+26.2% | $72K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $612K+48.4% | $412K+135.2% | $175K-53.0% | $373K-34.8% | $572K+46.3% | $391K+28.3% | $305K-5.5% | $323K |
| Goodwill | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M-30.2% | $8.4M |
| Total Liabilities | $1.2M-1.4% | $1.2M-23.5% | $1.6M-15.8% | $1.9M-36.1% | $2.9M+10.1% | $2.6M+8.8% | $2.4M-8.7% | $2.7M |
| Current Liabilities | $1.2M-1.0% | $1.2M-23.7% | $1.6M-15.3% | $1.8M-36.8% | $2.9M+10.1% | $2.6M+13.0% | $2.3M-8.7% | $2.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $6.0M+10.0% | $5.5M-2.6% | $5.6M+24.6% | $4.5M+24.4% | $3.6M-2.6% | $3.7M-3.9% | $3.9M-37.4% | $6.2M |
| Retained Earnings | -$34.7M-3.9% | -$33.4M-6.1% | -$31.5M-1.5% | -$31.0M-2.0% | -$30.4M-1.1% | -$30.0M-0.6% | -$29.8M-9.4% | -$27.3M |
WORX Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$358K+45.1% | -$652K-61.1% | -$405K-201.0% | -$134K+52.1% | -$281K-372.1% | -$59K+43.3% | -$105K+71.9% | -$373K |
| 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 | $702K+973.6% | -$80K-105.9% | $1.4M+793.2% | $153K-40.6% | $258K+3280.2% | $8K+118.6% | -$41K-113.2% | $312K |
| 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 |
WORX Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.7%+9.3pp | 26.4%+7.4pp | 19.0%-4.4pp | 23.4%-9.8pp | 33.2%+7.5pp | 25.7%-12.4pp | 38.1%+11.7pp | 26.4% |
| Operating Margin | -19.7%+23.3pp | -43.0%+3.4pp | -46.4%+9.9pp | -56.3%-14.9pp | -41.4%-19.4pp | -22.0%-17.1pp | -4.9%+89.8pp | -94.7% |
| Net Margin | -186.0%+93.3pp | -279.2%-213.1pp | -66.1%-37.2pp | -28.9%+16.6pp | -45.5%-23.5pp | -22.0%+260.2pp | -282.2%-187.5pp | -94.7% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -18.3%+10.4pp | -28.7%-22.0pp | -6.7%-3.6pp | -3.1%+2.1pp | -5.2%-2.4pp | -2.8%+38.1pp | -40.9%-31.2pp | -9.7% |
| Current Ratio | 1.13+0.5 | 0.68-0.2 | 0.84+0.6 | 0.27+0.0 | 0.23+0.0 | 0.190.0 | 0.19+0.0 | 0.18 |
| Debt-to-Equity | 0.20-0.0 | 0.22-0.1 | 0.28-0.1 | 0.41-0.4 | 0.81+0.1 | 0.71+0.1 | 0.63+0.2 | 0.43 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.27), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Scworx Corp's annual revenue?
Scworx Corp (WORX) reported $3.0M in total revenue for fiscal year 2024. This represents a -21.4% 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 Scworx Corp's revenue growing?
Scworx Corp (WORX) revenue declined by 21.4% year-over-year, from $3.8M to $3.0M in fiscal year 2024.
Is Scworx Corp profitable?
No, Scworx Corp (WORX) reported a net income of -$1.1M in fiscal year 2024, with a net profit margin of -38.0%.
What is Scworx Corp's earnings per share (EPS)?
Scworx Corp (WORX) reported diluted earnings per share of $-0.78 for fiscal year 2024. This represents a 79.8% change compared to the previous fiscal year. 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.
What is Scworx Corp's gross margin?
Scworx Corp (WORX) had a gross margin of 24.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Scworx Corp's operating margin?
Scworx Corp (WORX) had an operating margin of -42.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Scworx Corp's net profit margin?
Scworx Corp (WORX) had a net profit margin of -38.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Scworx Corp's operating cash flow?
Scworx Corp (WORX) generated -$1.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Scworx Corp's total assets?
Scworx Corp (WORX) had $6.3M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Scworx Corp have outstanding?
Scworx Corp (WORX) had 2M shares outstanding as of fiscal year 2024.
What is Scworx Corp's current ratio?
Scworx Corp (WORX) had a current ratio of 0.27 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Scworx Corp's debt-to-equity ratio?
Scworx Corp (WORX) had a debt-to-equity ratio of 0.41 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Scworx Corp's return on assets (ROA)?
Scworx Corp (WORX) had a return on assets of -17.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Scworx Corp's cash runway?
Based on fiscal year 2024 data, Scworx Corp (WORX) had $107K in cash against an annual operating cash burn of $1.1M. This gives an estimated cash runway of approximately 1 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 Scworx Corp's Piotroski F-Score?
Scworx Corp (WORX) has a Piotroski F-Score of 3 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 Scworx Corp's earnings high quality?
Scworx Corp (WORX) has an earnings quality ratio of 0.95x, 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 Scworx Corp cover its interest payments?
Scworx Corp (WORX) has an interest coverage ratio of -12.1x, 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 Scworx Corp?
Scworx Corp (WORX) scores 24 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.