YayYo, Inc Financials
This page shows YayYo, Inc (YAYO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Sales growth has not become cash-generating scale; outside financing still funds the business's day-to-day operations.
Between FY2021 and FY2022, EBITDA loss shrank from-$5.1M to-$1.2M , making the income statement look materially cleaner. Yet operating cash flow fell to-$7.5M and financing cash of$7.4M almost offset it, which means reported improvement did not translate into a business that could fund itself.
FY2022 gross margin recovered to
Cash stayed near
Financial Health Signals
Based on FY2022 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of YayYo, Inc'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.
YayYo, Inc has an operating margin of -36.3%, meaning the company retains $-36 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 up from -70.3% the prior year.
YayYo, Inc's revenue surged 22.7% year-over-year to $12.6M, reflecting rapid business expansion. This strong growth earns a score of 81/100.
YayYo, Inc has a moderate D/E ratio of 3.25. This balance of debt and equity financing earns a leverage score of 36/100.
YayYo, Inc's current ratio of 0.35 is below the typical benchmark, resulting in a score of 1/100. This tight liquidity could limit financial flexibility if cash inflows slow.
YayYo, Inc generates a -292.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.
YayYo, Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, YayYo, Inc generates $1.04 in operating cash flow (-$7.5M OCF vs -$7.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
YayYo, Inc earns $-1.8 in operating income for every $1 of interest expense (-$4.6M vs $2.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
YayYo, Inc generated $12.6M in revenue in fiscal year 2022. This represents an increase of 22.7% from the prior year.
YayYo, Inc's EBITDA was -$1.2M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 75.8% from the prior year.
YayYo, Inc reported -$7.1M in net income in fiscal year 2022. This represents an increase of 52.3% from the prior year.
YayYo, Inc earned $-0.10 per diluted share (EPS) in fiscal year 2022. This represents an increase of 76.7% from the prior year.
Cash & Balance Sheet
YayYo, Inc held $1.7M in cash against $7.9M in long-term debt as of fiscal year 2022.
YayYo, Inc had 69M shares outstanding in fiscal year 2022. This represents an increase of 94.3% from the prior year.
Margins & Returns
YayYo, Inc's gross margin was 19.8% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is up 3.4 percentage points from the prior year.
YayYo, Inc's operating margin was -36.3% in fiscal year 2022, reflecting core business profitability. This is up 34.0 percentage points from the prior year.
YayYo, Inc's net profit margin was -56.9% in fiscal year 2022, showing the share of revenue converted to profit. This is up 89.5 percentage points from the prior year.
YayYo, Inc's ROE was -292.3% in fiscal year 2022, measuring profit generated per dollar of shareholder equity.
Capital Allocation
YayYo, Inc invested $243K in research and development in fiscal year 2022. This represents an increase of 21.6% from the prior year.
YAYO Income Statement
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8M+4.7% | $3.7M+3.3% | $3.6M+23.5% | $2.9M+16.9% | $2.5M-4.1% | $2.6M-5.8% | $2.7M+2.7% | $2.7M |
| Cost of Revenue | $3.3M-4.2% | $3.4M+33.1% | $2.6M+23.7% | $2.1M+5.7% | $2.0M-23.2% | $2.6M+12.4% | $2.3M+19.3% | $1.9M |
| Gross Profit | $555K+133.0% | $238K-75.5% | $973K+22.9% | $791K+62.3% | $488K+10831.6% | -$5K-101.0% | $438K-40.5% | $737K |
| R&D Expenses | $45K-46.3% | $83K-3.3% | $86K+54.4% | $56K+192.1% | $19K-79.6% | $93K+100.0% | $47K-8.4% | $51K |
| SG&A Expenses | $3.2M+207.7% | $1.1M-33.5% | $1.6M-33.0% | $2.4M+61.3% | $1.5M-34.9% | $2.2M-30.2% | $3.2M+115.5% | $1.5M |
| Operating Income | -$2.8M-180.3% | -$1.0M-26.6% | -$793K+53.3% | -$1.7M-60.4% | -$1.1M+55.3% | -$2.4M+17.0% | -$2.9M-227.1% | -$872K |
| Interest Expense | $999K+8.0% | $925K+29.7% | $713K+42.6% | $500K+10.6% | $452K-71.5% | $1.6M-21.1% | $2.0M+108.1% | $964K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$3.1M-108.5% | -$1.5M+48.5% | -$2.9M-143.4% | -$1.2M+20.4% | -$1.5M+61.8% | -$4.0M+17.3% | -$4.8M-160.1% | -$1.8M |
| EPS (Diluted) | $-0.04 | N/A | $-0.020.0% | $-0.020.0% | $-0.02 | N/A | $-0.13-160.0% | $-0.05 |
YAYO Balance Sheet
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $24.3M-6.2% | $25.9M-10.3% | $28.9M+19.7% | $24.2M+17.8% | $20.5M+54.6% | $13.3M-14.7% | $15.5M+63.9% | $9.5M |
| Current Assets | $2.1M-18.6% | $2.6M-48.7% | $5.1M-26.2% | $6.9M-42.3% | $12.0M+194.9% | $4.1M-15.9% | $4.8M+377.8% | $1.0M |
| Cash & Equivalents | $1.3M-24.8% | $1.7M-60.7% | $4.3M-29.5% | $6.1M-43.9% | $10.9M+490.6% | $1.9M-47.6% | $3.5M+2075.6% | $163K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $845K-8.1% | $919K+17.0% | $785K-1.2% | $795K+4.0% | $764K+1.7% | $751K+18.2% | $636K+48.3% | $429K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $24.9M+5.8% | $23.5M-0.4% | $23.6M+37.5% | $17.2M+36.8% | $12.5M-18.3% | $15.3M+4.1% | $14.7M+94.1% | $7.6M |
| Current Liabilities | $8.6M+13.6% | $7.6M+5.5% | $7.2M+25.9% | $5.7M+25.4% | $4.6M-35.4% | $7.1M+14.4% | $6.2M+6.2% | $5.8M |
| Long-Term Debt | $8.8M+11.4% | $7.9M+6.8% | $7.4M-0.8% | $7.5M0.0% | $7.5M0.0% | $7.5M | N/A | N/A |
| Total Equity | -$527K-121.6% | $2.4M-37.6% | $3.9M-42.7% | $6.8M-14.3% | $8.0M+281.8% | -$4.4M-192.4% | -$1.5M-179.3% | $1.9M |
| Retained Earnings | -$53.9M-6.2% | -$50.8M-6.1% | -$47.9M-3.3% | -$46.4M-2.7% | -$45.2M-3.5% | -$43.7M-10.0% | -$39.7M-13.7% | -$34.9M |
YAYO Cash Flow Statement
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$170K+90.7% | -$1.8M-124.2% | $7.6M+174.2% | -$10.2M-245.5% | -$3.0M-183.2% | -$1.0M+13.4% | -$1.2M-276.0% | -$322K |
| 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 | $0 | $0 | $0 |
| Financing Cash Flow | -$252K+61.6% | -$657K+93.0% | -$9.4M-273.0% | $5.4M-54.9% | $12.1M+1988.1% | -$639K-113.9% | $4.6M+1294.5% | $329K |
| 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 |
YAYO Financial Ratios
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.4%+8.0pp | 6.5%-20.9pp | 27.4%-0.1pp | 27.5%+7.7pp | 19.8%+20.0pp | -0.2%-16.3pp | 16.1%-11.7pp | 27.8% |
| Operating Margin | -73.2%-45.9pp | -27.4%-5.0pp | -22.3%+36.7pp | -59.0%-16.0pp | -43.0%+49.4pp | -92.4%+12.4pp | -104.8%-71.9pp | -32.9% |
| Net Margin | -81.7%-40.6pp | -41.0%+41.3pp | -82.3%-40.6pp | -41.8%+19.6pp | -61.4%+92.7pp | -154.1%+21.2pp | -175.4%-106.1pp | -69.3% |
| Return on Equity | N/A | -61.6%+13.0pp | -74.7%-57.1pp | -17.6%+1.4pp | -18.9% | N/A | N/A | -97.2% |
| Return on Assets | -12.9%-7.1pp | -5.8%+4.3pp | -10.1%-5.1pp | -5.0%+2.4pp | -7.4%+22.4pp | -29.8%+0.9pp | -30.7%-11.4pp | -19.4% |
| Current Ratio | 0.25-0.1 | 0.35-0.4 | 0.71-0.5 | 1.22-1.4 | 2.64+2.1 | 0.58-0.2 | 0.79+0.6 | 0.17 |
| Debt-to-Equity | -16.80-20.1 | 3.25+1.4 | 1.90+0.8 | 1.10+0.2 | 0.94+2.7 | -1.71+8.1 | -9.83-13.8 | 4.02 |
| 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 (0.35), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is YayYo, Inc's annual revenue?
YayYo, Inc (YAYO) reported $12.6M in total revenue for fiscal year 2022. This represents a 22.7% 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 YayYo, Inc's revenue growing?
YayYo, Inc (YAYO) revenue grew by 22.7% year-over-year, from $10.2M to $12.6M in fiscal year 2022.
Is YayYo, Inc profitable?
No, YayYo, Inc (YAYO) reported a net income of -$7.1M in fiscal year 2022, with a net profit margin of -56.9%.
What is YayYo, Inc's EBITDA?
YayYo, Inc (YAYO) had EBITDA of -$1.2M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does YayYo, Inc have?
As of fiscal year 2022, YayYo, Inc (YAYO) had $1.7M in cash and equivalents against $7.9M in long-term debt.
What is YayYo, Inc's gross margin?
YayYo, Inc (YAYO) had a gross margin of 19.8% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is YayYo, Inc's operating margin?
YayYo, Inc (YAYO) had an operating margin of -36.3% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.
What is YayYo, Inc's net profit margin?
YayYo, Inc (YAYO) had a net profit margin of -56.9% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
What is YayYo, Inc's return on equity (ROE)?
YayYo, Inc (YAYO) has a return on equity of -292.3% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is YayYo, Inc's operating cash flow?
YayYo, Inc (YAYO) generated -$7.5M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are YayYo, Inc's total assets?
YayYo, Inc (YAYO) had $25.9M in total assets as of fiscal year 2022, including both current and long-term assets.
How much does YayYo, Inc spend on research and development?
YayYo, Inc (YAYO) invested $243K in research and development during fiscal year 2022.
What is YayYo, Inc's current ratio?
YayYo, Inc (YAYO) had a current ratio of 0.35 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.
What is YayYo, Inc's debt-to-equity ratio?
YayYo, Inc (YAYO) had a debt-to-equity ratio of 3.25 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is YayYo, Inc's return on assets (ROA)?
YayYo, Inc (YAYO) had a return on assets of -27.5% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is YayYo, Inc's cash runway?
Based on fiscal year 2022 data, YayYo, Inc (YAYO) had $1.7M in cash against an annual operating cash burn of $7.5M. This gives an estimated cash runway of approximately 3 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 YayYo, Inc's Piotroski F-Score?
YayYo, Inc (YAYO) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are YayYo, Inc's earnings high quality?
YayYo, Inc (YAYO) has an earnings quality ratio of 1.04x, 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 YayYo, Inc cover its interest payments?
YayYo, Inc (YAYO) has an interest coverage ratio of -1.8x, 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 YayYo, Inc?
YayYo, Inc (YAYO) scores 20 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.