Xylo Technologies Financials

XYLO

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Xylo Technologies (XYLO) 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).

Financial Health Signals

Financial Profile 21/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Xylo Technologies's revenue declined 67.4% year-over-year, from $91.7M to $29.9M. This contraction results in a growth score of 0/100.

Leverage

Xylo Technologies carries a low D/E ratio of 1.13, meaning only $1.13 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Xylo Technologies's current ratio of 1.14 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 18/100, which could limit financial flexibility.

Cash Flow

While Xylo Technologies generated -$1.8M in operating cash flow, capex of $12K consumed most of it, leaving -$1.8M in free cash flow. This results in a low score of 10/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Xylo Technologies generates a -68.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -67.0% the prior year.

Piotroski F-Score Neutral

4/9

Xylo Technologies passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.15x

For every $1 of reported earnings, Xylo Technologies generates $0.15 in operating cash flow (-$1.8M OCF vs -$12.0M 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

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Earnings & Revenue

Revenue

$29.9M

YoY-67.4%

5Y CAGR+155.7%

Xylo Technologies generated $29.9M in revenue in fiscal year 2024. This represents a decrease of 67.4% from the prior year.

EBITDA

N/A

Net Income

-$12.0M

YoY+44.8%

Xylo Technologies reported -$12.0M in net income in fiscal year 2024. This represents an increase of 44.8% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$1.8M

YoY+70.8%

Xylo Technologies generated -$1.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 70.8% from the prior year.

Cash & Debt

$8.8M

YoY-6.5%

5Y CAGR+4.5%

Xylo Technologies held $8.8M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

32M

YoY+15.3%

Xylo Technologies had 32M shares outstanding in fiscal year 2024. This represents an increase of 15.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-40.2%

YoY-16.5pp

5Y CAGR+5153.2pp

Xylo Technologies's net profit margin was -40.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 16.5 percentage points from the prior year.

Return on Equity

-68.3%

YoY-1.2pp

5Y CAGR+106.1pp

Xylo Technologies's ROE was -68.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.2 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$12K

YoY-76.5%

5Y CAGR-28.0%

Xylo Technologies invested $12K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 76.5% from the prior year.

XYLO Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$29.9M-67.4%	$91.7M-0.1%	$91.9M+807.9%	$10.1M+1805.5%	$531K+94.5%	$273K
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$56K-31.7%	$82K0.0%	$82K+123.6%	-$347K-269.3%	$205K+107.1%	$99K
Income Tax	-$257K-247.3%	-$74K-166.7%	$111K+5.7%	$105K+1066.7%	$9K+1000.0%	-$1K
Net Income	-$12.0M+44.8%	-$21.7M-112.9%	-$10.2M-352.3%	$4.0M+159.1%	-$6.8M+51.7%	-$14.2M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q2'21
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

XYLO Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$37.5M-41.2%	$63.9M-34.6%	$97.7M+63.5%	$59.7M+84.7%	$32.3M+142.5%	$13.3M
Current Assets	$21.0M-33.7%	$31.7M-39.4%	$52.3M+65.1%	$31.7M+31.6%	$24.0M+190.4%	$8.3M
Cash & Equivalents	$8.8M-6.5%	$9.4M-53.4%	$20.1M-16.5%	$24.0M+7.4%	$22.4M+217.8%	$7.0M
Inventory	N/A	$2.4M+33.2%	$1.8M+46.0%	$1.2M+404.9%	$243K-73.0%	$900K
Accounts Receivable	N/A	N/A	N/A	$999K	N/A	N/A
Goodwill	$4.8M-37.7%	$7.7M-78.4%	$35.7M+3139.8%	$1.1M+122.6%	$495K+223.5%	$153K
Total Liabilities	$20.0M-36.6%	$31.5M-26.8%	$43.0M+417.8%	$8.3M+35.1%	$6.1M+18.0%	$5.2M
Current Liabilities	$18.4M-37.1%	$29.3M-22.2%	$37.6M+466.8%	$6.6M+88.9%	$3.5M+4.4%	$3.4M
Long-Term Debt	N/A	$468K	N/A	N/A	$47K+42.4%	$33K
Total Equity	$17.6M-45.8%	$32.4M-40.7%	$54.7M+6.3%	$51.4M+96.4%	$26.2M+222.1%	$8.1M
Retained Earnings	-$107.6M-5.9%	-$101.6M-18.7%	-$85.6M-15.4%	-$74.2M+8.4%	-$81.0M-5.6%	-$76.7M

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q2'21
Total Assets	$37.5M-4.4%	$39.3M-38.5%	$63.9M-25.4%	$85.7M-12.3%	$97.7M+3.5%	$94.3M+57.9%	$59.7M-6.1%	$63.6M
Current Assets	$21.0M+7.9%	$19.4M-38.6%	$31.7M-32.0%	$46.5M-10.9%	$52.3M+13.7%	$46.0M+45.2%	$31.7M-5.3%	$33.4M
Cash & Equivalents	$8.8M+31.1%	$6.7M-28.7%	$9.4M-24.3%	$12.4M-38.4%	$20.1M-9.4%	$22.1M-7.8%	$24.0M-18.9%	$29.6M
Inventory	N/A	N/A	$2.4M-6.2%	$2.5M+42.0%	$1.8M-2.2%	$1.8M+49.2%	$1.2M+12.9%	$1.1M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	$728K-27.1%	$999K	N/A
Goodwill	$4.8M	N/A	$7.7M	N/A	$35.7M+21.5%	$29.4M+2565.7%	$1.1M-86.8%	$8.3M
Total Liabilities	$20.0M-14.6%	$23.4M-25.7%	$31.5M-23.7%	$41.2M-4.1%	$43.0M+4.5%	$41.1M+395.7%	$8.3M-14.5%	$9.7M
Current Liabilities	$18.4M-10.0%	$20.5M-30.0%	$29.3M-18.4%	$35.9M-4.6%	$37.6M+13.4%	$33.2M+399.7%	$6.6M-0.4%	$6.7M
Long-Term Debt	N/A	N/A	$468K	N/A	N/A	$536K	N/A	N/A
Total Equity	$17.6M+10.5%	$15.9M-50.9%	$32.4M-27.0%	$44.4M-18.7%	$54.7M+2.8%	$53.2M+3.4%	$51.4M-4.6%	$53.9M
Retained Earnings	-$107.6M+1.9%	-$109.8M-8.0%	-$101.6M-8.3%	-$93.8M-9.6%	-$85.6M-10.0%	-$77.8M-4.8%	-$74.2M-3.2%	-$71.9M

XYLO Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$1.8M+70.8%	-$6.2M-10.4%	-$5.7M-7.7%	-$5.3M+14.5%	-$6.1M-127.9%	-$2.7M
Capital Expenditures	$12K-76.5%	$51K-31.1%	$74K-47.5%	$141K-56.5%	$324K+422.6%	$62K
Free Cash Flow	-$1.8M+70.8%	-$6.3M-9.9%	-$5.7M-6.3%	-$5.4M+16.6%	-$6.5M-134.6%	-$2.8M
Investing Cash Flow	$2.4M+265.8%	-$1.4M+67.9%	-$4.5M+64.0%	-$12.4M-677.4%	-$1.6M+61.1%	-$4.1M
Financing Cash Flow	-$998K+68.3%	-$3.1M-158.2%	$5.4M-71.7%	$19.1M-16.5%	$22.9M+627.1%	$3.2M
Dividends Paid	N/A	$728K-54.0%	$1.6M	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q2'21
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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

XYLO Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-40.2%-16.5pp	-23.7%-12.6pp	-11.1%-51.1pp	40.0%+1330.0pp	-1290.0%+3903.4pp	-5193.4%
Return on Equity	-68.3%-1.2pp	-67.0%-48.3pp	-18.7%-26.5pp	7.9%+34.0pp	-26.2%+148.2pp	-174.4%
Return on Assets	-32.0%+2.0pp	-34.0%-23.6pp	-10.4%-17.2pp	6.8%+27.9pp	-21.2%+85.1pp	-106.3%
Current Ratio	1.14+0.1	1.08-0.3	1.39-3.4	4.77-2.1	6.84+4.4	2.46
Debt-to-Equity	1.13+1.1	0.01-0.8	0.79+0.6	0.16+0.2	0.000.0	0.00
FCF Margin	-6.2%+0.7pp	-6.9%-0.6pp	-6.2%+47.0pp	-53.3%+1164.6pp	-1217.9%-208.0pp	-1009.9%

Metric	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21	Q2'21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.14+0.2	0.95-0.1	1.08-0.2	1.30-0.1	1.390.0	1.39-3.4	4.77-0.2	5.02
Debt-to-Equity	1.13-0.3	1.47+1.5	0.01-0.9	0.93+0.1	0.79+0.8	0.01-0.2	0.16-0.0	0.18
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Xylo Technologies's annual revenue?

Xylo Technologies (XYLO) reported $29.9M in total revenue for fiscal year 2024. This represents a -67.4% 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 Xylo Technologies's revenue growing?

Xylo Technologies (XYLO) revenue declined by 67.4% year-over-year, from $91.7M to $29.9M in fiscal year 2024.

Is Xylo Technologies profitable?

No, Xylo Technologies (XYLO) reported a net income of -$12.0M in fiscal year 2024, with a net profit margin of -40.2%.

What is Xylo Technologies's net profit margin?

Xylo Technologies (XYLO) had a net profit margin of -40.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Xylo Technologies's return on equity (ROE)?

Xylo Technologies (XYLO) has a return on equity of -68.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Xylo Technologies's free cash flow?

Xylo Technologies (XYLO) generated -$1.8M in free cash flow during fiscal year 2024. This represents a 70.8% 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 Xylo Technologies's operating cash flow?

Xylo Technologies (XYLO) generated -$1.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Xylo Technologies's total assets?

Xylo Technologies (XYLO) had $37.5M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Xylo Technologies's capital expenditures?

Xylo Technologies (XYLO) invested $12K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Xylo Technologies have outstanding?

Xylo Technologies (XYLO) had 32M shares outstanding as of fiscal year 2024.

What is Xylo Technologies's current ratio?

Xylo Technologies (XYLO) had a current ratio of 1.14 as of fiscal year 2024, which is considered adequate.

What is Xylo Technologies's debt-to-equity ratio?

Xylo Technologies (XYLO) had a debt-to-equity ratio of 1.13 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Xylo Technologies's return on assets (ROA)?

Xylo Technologies (XYLO) had a return on assets of -32.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Xylo Technologies's cash runway?

Based on fiscal year 2024 data, Xylo Technologies (XYLO) had $8.8M in cash against an annual operating cash burn of $1.8M. This gives an estimated cash runway of approximately 58 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 Xylo Technologies's Piotroski F-Score?

Xylo Technologies (XYLO) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Xylo Technologies's earnings high quality?

Xylo Technologies (XYLO) has an earnings quality ratio of 0.15x, 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.

How financially healthy is Xylo Technologies?

Xylo Technologies (XYLO) scores 21 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.