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
We are recalculating YayYo, Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
YayYo, Inc scores -3.07, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($14K) relative to total liabilities ($23.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
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 | N/A | 3.25+1.4 | 1.90+0.8 | 1.10+0.2 | 0.94 | N/A | N/A | 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 Altman Z-Score?
YayYo, Inc (YAYO) has an Altman Z-Score of -3.07, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
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.