XCHG LTD Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
XCHG LTD has an operating margin of -28.5%, meaning the company retains $-29 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 -16.9% the prior year.
XCHG LTD's revenue grew 9.6% year-over-year to $42.2M, a solid pace of expansion. This earns a growth score of 56/100.
XCHG LTD carries a low D/E ratio of 0.94, meaning only $0.94 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 76/100, indicating a strong balance sheet with room for future borrowing.
XCHG LTD's current ratio of 2.08 indicates adequate short-term liquidity, earning a score of 63/100. The company can meet its near-term obligations, though with limited headroom.
XCHG LTD passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, XCHG LTD generates $0.60 in operating cash flow (-$7.2M OCF vs -$11.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
XCHG LTD earns $-56.6 in operating income for every $1 of interest expense (-$12.0M vs $213K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows XCHG LTD (XCH) 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).
Key Financial Metrics
XCHG LTD generated $42.2M in revenue in fiscal year 2024. This represents an increase of 9.6% from the prior year.
XCHG LTD's EBITDA was -$11.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 86.8% from the prior year.
XCHG LTD reported -$11.9M in net income in fiscal year 2024. This represents a decrease of 47.7% from the prior year.
XCHG LTD held $26.8M in cash against $0 in long-term debt as of fiscal year 2024.
XCHG LTD had 0 shares outstanding in fiscal year 2024. This represents a decrease of 100.0% from the prior year.
XCHG LTD's gross margin was 50.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 4.7 percentage points from the prior year.
XCHG LTD's operating margin was -28.5% in fiscal year 2024, reflecting core business profitability. This is down 11.6 percentage points from the prior year.
XCHG LTD's net profit margin was -28.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 7.3 percentage points from the prior year.
XCHG LTD invested $12.2M in research and development in fiscal year 2024. This represents an increase of 199.4% from the prior year.
XCH Income Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
XCH Balance Sheet
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Total Assets | $57.1M+39.5% | $41.0M |
| Current Assets | $54.4M+36.9% | $39.7M |
| Cash & Equivalents | $26.8M+71.0% | $15.7M |
| Inventory | $7.7M+15.4% | $6.7M |
| Accounts Receivable | $11.2M-10.0% | $12.5M |
| Goodwill | N/A | N/A |
| Total Liabilities | $27.6M-61.1% | $71.0M |
| Current Liabilities | $26.2M-14.8% | $30.7M |
| Long-Term Debt | N/A | N/A |
| Total Equity | $29.5M+198.2% | -$30.0M |
| Retained Earnings | -$52.4M-29.5% | -$40.4M |
XCH Cash Flow Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
XCH Financial Ratios
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 2.08+0.8 | 1.29 |
| Debt-to-Equity | 0.94+3.3 | -2.36 |
| FCF Margin | N/A | N/A |
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Frequently Asked Questions
What is XCHG LTD's annual revenue?
XCHG LTD (XCH) reported $42.2M in total revenue for fiscal year 2024. This represents a 9.6% 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 XCHG LTD's revenue growing?
XCHG LTD (XCH) revenue grew by 9.6% year-over-year, from $38.5M to $42.2M in fiscal year 2024.
Is XCHG LTD profitable?
No, XCHG LTD (XCH) reported a net income of -$11.9M in fiscal year 2024, with a net profit margin of -28.3%.
What is XCHG LTD's EBITDA?
XCHG LTD (XCH) had EBITDA of -$11.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is XCHG LTD's gross margin?
XCHG LTD (XCH) had a gross margin of 50.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is XCHG LTD's operating margin?
XCHG LTD (XCH) had an operating margin of -28.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is XCHG LTD's net profit margin?
XCHG LTD (XCH) had a net profit margin of -28.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is XCHG LTD's operating cash flow?
XCHG LTD (XCH) generated -$7.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are XCHG LTD's total assets?
XCHG LTD (XCH) had $57.1M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does XCHG LTD spend on research and development?
XCHG LTD (XCH) invested $12.2M in research and development during fiscal year 2024.
How many shares does XCHG LTD have outstanding?
XCHG LTD (XCH) had 0 shares outstanding as of fiscal year 2024.
What is XCHG LTD's current ratio?
XCHG LTD (XCH) had a current ratio of 2.08 as of fiscal year 2024, which is generally considered healthy.
What is XCHG LTD's debt-to-equity ratio?
XCHG LTD (XCH) had a debt-to-equity ratio of 0.94 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is XCHG LTD's return on assets (ROA)?
XCHG LTD (XCH) had a return on assets of -20.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is XCHG LTD's cash runway?
Based on fiscal year 2024 data, XCHG LTD (XCH) had $26.8M in cash against an annual operating cash burn of $7.2M. This gives an estimated cash runway of approximately 45 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 XCHG LTD's Piotroski F-Score?
XCHG LTD (XCH) 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 XCHG LTD's earnings high quality?
XCHG LTD (XCH) has an earnings quality ratio of 0.60x, 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 XCHG LTD cover its interest payments?
XCHG LTD (XCH) has an interest coverage ratio of -56.6x, 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 XCHG LTD?
XCHG LTD (XCH) scores 49 out of 100 on our Financial Profile, indicating moderate 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.