Xylo Technologies Financials
Xylo Technologies (XYLO) reported $29.9M in revenue for fiscal year 2024, down 67.4% from the prior fiscal year. This page shows its 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).
XYLO's recent story is balance-sheet downsizing: revenue shrank sharply, but cash burn fell faster because the business needs little reinvestment.
FY2024 revenue was only$29.9M , yet operating cash flow was just-$1.8M ; after larger sales in prior years produced similar cash deficits, the business appears able to shrink without proportionate cash damage. Because the asset base also stepped down while net margin remained-40.2% , cash preservation is coming from a smaller footprint, not from profitable scale.
Across FY2022-FY2024, free cash flow closely tracked operating cash flow; in FY2024 both were about
Liquidity is now thin rather than abundant: the current ratio stayed near 1x at 1.1x for a second year, versus 1.4x in FY2022. Cash of
Financial Health Signals
Scored against emerging companies for FY2024. 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 Xylo Technologies'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.
Not available for Xylo Technologies, and counted as zero in the overall score.
Xylo Technologies passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Xylo Technologies reported a net loss of $12.0M while operations used $1.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Xylo Technologies generated $29.9M in revenue in fiscal year 2024. This represents a decrease of 67.4% from the prior year.
Xylo Technologies reported -$12.0M in net income in fiscal year 2024. This represents an increase of 44.8% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Xylo Technologies recorded an outflow of $1.8M in free cash flow in fiscal year 2024, representing a cash shortfall after capex. This represents an increase of 70.8% from the prior year.
Xylo Technologies held $8.8M in cash as of fiscal year 2024; long-term debt is not reported for that period.
Not reported for fiscal year 2024.
Margins & Returns
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.
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.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Capital Allocation
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.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
XYLO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.9M-67.4% | $91.7M-0.1% | $91.9M+807.9% | $10.1M+1805.5% | $531K+94.5% | $273K-37.4% | $436K-6.6% | $467K-14.9% | $549K-12.0% | $624K |
| Interest Expense | $56K-31.7% | $82K0.0% | $82K+123.6% | -$347K-269.3% | $205K+107.1% | $99K+5.3% | $94K-97.4% | $3.6M+3075.0% | $112K+21.7% | $92K |
| Income Tax | -$257K-247.3% | -$74K-166.7% | $111K+5.7% | $105K+1066.7% | $9K+1000.0% | -$1K-105.0% | $20K+385.7% | -$7K-125.0% | $28K-58.8% | $68K |
| Net Income | -$12.0M+44.8% | -$21.7M-112.9% | -$10.2M-352.3% | $4.0M+159.1% | -$6.8M+51.7% | -$14.2M-114.9% | -$6.6M-159.3% | -$2.5M+71.7% | -$9.0M+5.5% | -$9.5M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
XYLO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $37.5M-41.2% | $63.9M-34.6% | $97.7M+63.5% | $59.7M+84.7% | $32.3M+142.5% | $13.3M+18.6% | $11.2M+55.9% | $7.2M+52.6% | $4.7M | N/A |
| Current Assets | $21.0M-33.7% | $31.7M-39.4% | $52.3M+65.1% | $31.7M+31.6% | $24.0M+190.4% | $8.3M-25.6% | $11.1M+63.4% | $6.8M+90.0% | $3.6M | N/A |
| Cash & Equivalents | $8.8M-6.5% | $9.4M-53.4% | $20.1M-16.5% | $24.0M+7.4% | $22.4M+217.8% | $7.0M-33.8% | $10.6M+275.7% | $2.8M-5.8% | $3.0M-70.9% | $10.3M |
| Inventory | N/A | $2.4M+33.2% | $1.8M+46.0% | $1.2M+404.9% | $243K-73.0% | $900K+1011.1% | $81K-55.0% | $180K-9.1% | $198K | N/A |
| Accounts Receivable | N/A | N/A | N/A | $999K | N/A | N/A | N/A | N/A | 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+920.0% | $15K-6.3% | $16K-38.5% | $26K | N/A |
| Total Liabilities | $20.0M-36.6% | $31.5M-26.8% | $43.0M+417.8% | $8.3M+35.1% | $6.1M+18.0% | $5.2M+64.7% | $3.2M+86.0% | $1.7M-5.5% | $1.8M | N/A |
| Current Liabilities | $18.4M-37.1% | $29.3M-22.2% | $37.6M+466.8% | $6.6M+88.9% | $3.5M+4.4% | $3.4M+13.6% | $3.0M+95.4% | $1.5M+13.6% | $1.3M | N/A |
| Long-Term Debt | N/A | $468K | N/A | N/A | $47K+42.4% | $33K+266.7% | $9K | N/A | N/A | N/A |
| Total Equity | $17.6M-45.8% | $32.4M-40.7% | $54.7M+6.3% | $51.4M+96.4% | $26.2M+222.1% | $8.1M+0.6% | $8.1M+46.6% | $5.5M+88.3% | $2.9M-71.3% | $10.2M |
| Retained Earnings | -$107.6M-5.9% | -$101.6M-18.7% | -$85.6M-15.4% | -$74.2M+8.4% | -$81.0M-5.6% | -$76.7M-22.7% | -$62.5M-11.8% | -$55.9M-4.8% | -$53.3M | N/A |
XYLO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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+36.2% | -$4.2M+9.8% | -$4.7M+49.5% | -$9.3M-32.7% | -$7.0M |
| Capital Expenditures | $12K-76.5% | $51K-31.1% | $74K-47.5% | $141K-56.5% | $324K+422.6% | $62K+463.6% | $11K+22.2% | $9K-71.9% | $32K-61.9% | $84K |
| 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+34.9% | -$4.2M+9.7% | -$4.7M+49.6% | -$9.3M-31.6% | -$7.1M |
| 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-218.1% | $3.5M+199.4% | -$3.5M-9134.2% | -$38K+60.4% | -$96K |
| Financing Cash Flow | -$998K+68.3% | -$3.1M-158.2% | $5.4M-71.7% | $19.1M-16.5% | $22.9M+627.1% | $3.2M-63.4% | $8.6M+9.0% | $7.9M+316.4% | $1.9M-71.9% | $6.8M |
| Dividends Paid | N/A | $728K-54.0% | $1.6M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
XYLO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | -40.2%-16.5pp | -23.7%-12.6pp | -11.1%-51.1pp | 40.0% | -1290.0% | -5193.4% | -1513.3% | -545.0% | -1640.6% | -1527.6% |
| 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%-92.7pp | -81.7%-35.5pp | -46.2%+261.5pp | -307.7%-214.1pp | -93.6% |
| 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%-47.6pp | -58.7%-23.4pp | -35.3%+155.4pp | -190.7% | N/A |
| Current Ratio | 1.14+0.1x | 1.08-0.3x | 1.39-3.4x | 4.77-2.1x | 6.84+4.4x | 2.46-1.3x | 3.76-0.7x | 4.49+1.8x | 2.69 | N/A |
| Debt-to-Equity | 1.13+1.1x | 0.01-0.8x | 0.79+0.6x | 0.16+0.2x | 0.000.0x | 0.000.0x | 0.00-0.3x | 0.31-0.3x | 0.61 | N/A |
| FCF Margin | -6.2%+0.7pp | -6.9%-0.6pp | -6.2%+47.0pp | -53.3% | -1217.9% | -1009.9% | -970.9% | -1004.3% | -1693.4% | -1132.2% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
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Where Xylo Technologies Ranks
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) recorded an outflow of $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) recorded an outflow of $1.8M in operating cash flow during fiscal year 2024, representing cash used by 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.
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 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Xylo Technologies's earnings high quality?
Xylo Technologies (XYLO) reported a net loss of $12.0M while operations used $1.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 42 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), 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.