LQR House Inc. Financials
This page shows LQR House Inc. (YHC) 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).
Financial Health Signals
LQR House 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, LQR House Inc. generates $0.29 in operating cash flow (-$6.6M OCF vs -$22.8M 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
LQR House Inc. generated $2.5M in revenue in fiscal year 2024. This represents an increase of 123.2% from the prior year.
LQR House Inc. reported -$22.8M in net income in fiscal year 2024. This represents a decrease of 44.5% from the prior year.
LQR House Inc. earned $4.12 per diluted share (EPS) in fiscal year 2024. This represents an increase of 124.2% from the prior year.
LQR House Inc. held $5.4M in cash against $0 in long-term debt as of fiscal year 2024.
LQR House Inc. had 430,341 shares outstanding in fiscal year 2024. This represents a decrease of 99.8% from the prior year.
LQR House Inc.'s gross margin was -12.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 30.8 percentage points from the prior year.
LQR House Inc.'s operating margin was -739.0% in fiscal year 2024, reflecting core business profitability. This is up 651.0 percentage points from the prior year.
LQR House Inc.'s net profit margin was -909.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 495.7 percentage points from the prior year.
LQR House Inc. spent $547K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 62.5% from the prior year.
YHC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $337K-32.3% | $499K+16.1% | $429K-48.8% | $838K+34.2% | $624K+11.9% | $558K+16.0% | $481K-20.9% | $609K |
| Cost of Revenue | $336K-18.8% | $414K+3.7% | $399K-53.5% | $858K+24.9% | $687K-3.3% | $710K+26.7% | $561K+9.1% | $514K |
| Gross Profit | $1K-98.5% | $85K+180.2% | $30K+255.2% | -$19K+68.7% | -$62K+59.2% | -$152K-91.4% | -$79K-183.9% | $95K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $3.5M+57.2% | $2.2M+9.1% | $2.0M-79.9% | $10.1M+561.3% | $1.5M+12.2% | $1.4M-15.5% | $1.6M-41.4% | $2.7M |
| Operating Income | -$3.8M-73.7% | -$2.2M+8.2% | -$2.4M+76.6% | -$10.2M-192.1% | -$3.5M-54.1% | -$2.3M+8.0% | -$2.5M+60.9% | -$6.3M |
| 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 | -$16.8M-664.1% | -$2.2M+7.8% | -$2.4M+83.8% | -$14.8M-338.7% | -$3.4M-52.2% | -$2.2M+9.0% | -$2.4M+61.6% | -$6.3M |
| EPS (Diluted) | $-1.50-36.4% | $-1.10 | $-3.85 | $59.74 | $-21.84-41.0% | $-15.49+15.3% | $-18.29 | $18.26 |
YHC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $35.0M+144.0% | $14.4M+49.5% | $9.6M+38.5% | $6.9M-29.4% | $9.8M-19.4% | $12.2M-5.3% | $12.9M-14.7% | $15.1M |
| Current Assets | $10.8M+113.8% | $5.1M-40.3% | $8.5M+46.0% | $5.8M+38.8% | $4.2M-36.1% | $6.6M-49.0% | $12.9M-14.7% | $15.1M |
| Cash & Equivalents | $10.0M+119.8% | $4.6M-42.1% | $7.9M+46.5% | $5.4M+2072.9% | $248K-60.2% | $623K-65.0% | $1.8M-74.8% | $7.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $116K+66.9% | $70K+43.0% | $49K+73.8% | $28K+886.6% | $3K | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.7M+254.6% | $2.2M-5.9% | $2.3M-69.1% | $7.5M+955.3% | $706K+45.3% | $486K-2.9% | $500K+6.0% | $472K |
| Current Liabilities | $7.7M+254.6% | $2.2M-5.9% | $2.3M-69.1% | $7.5M+955.3% | $706K+45.3% | $486K-2.9% | $500K+6.5% | $470K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $27.4M+124.4% | $12.2M+67.0% | $7.3M+1509.7% | -$518K-105.7% | $9.1M-22.1% | $11.7M-5.4% | $12.4M-15.4% | $14.6M |
| Retained Earnings | -$63.7M-35.9% | -$46.9M-4.9% | -$44.7M-5.6% | -$42.3M-53.5% | -$27.6M-13.9% | -$24.2M-10.1% | -$22.0M-12.4% | -$19.6M |
YHC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$11.3M-584.7% | -$1.6M+75.2% | -$6.6M-116.8% | -$3.1M-200.2% | -$1.0M+13.4% | -$1.2M+14.5% | -$1.4M+69.8% | -$4.5M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | $10K | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$1.4M | N/A |
| Investing Cash Flow | -$14.9M | N/A | N/A | $3.4M+411.6% | $658K+4213.3% | $15K+100.5% | -$3.4M+38.7% | -$5.5M |
| Financing Cash Flow | $31.6M+387.7% | $6.5M-28.9% | $9.1M+88.9% | $4.8M+31249.0% | -$16K | $0+100.0% | -$547K-103.6% | $15.2M |
| 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 | $0 | $0 | $0-100.0% | $547K-59.4% | $1.3M |
YHC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 0.4%-16.6pp | 17.0%+9.9pp | 7.0%+9.3pp | -2.3%+7.6pp | -9.9%+17.3pp | -27.3%-10.8pp | -16.5%-32.1pp | 15.6% |
| Operating Margin | -1134.8%-692.7pp | -442.1%+116.9pp | -559.0%+662.3pp | -1221.3%-660.2pp | -561.1%-153.5pp | -407.7%+106.3pp | -513.9%+526.0pp | -1039.9% |
| Net Margin | -4989.5%-4547.7pp | -441.8%+114.8pp | -556.6%+1203.7pp | -1760.3%-1221.7pp | -538.6%-142.6pp | -396.0%+108.6pp | -504.6%+535.3pp | -1039.9% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -48.0%-32.7pp | -15.3%+9.5pp | -24.9%+187.9pp | -212.8%-178.6pp | -34.3%-16.1pp | -18.1%+0.7pp | -18.9%+23.1pp | -41.9% |
| Current Ratio | 1.41-0.9 | 2.34-1.3 | 3.68+2.9 | 0.78-5.1 | 5.93-7.6 | 13.49-12.2 | 25.68-6.4 | 32.09 |
| Debt-to-Equity | 0.28+0.1 | 0.18-0.1 | 0.32+14.7 | -14.38-14.5 | 0.08+0.0 | 0.040.0 | 0.040.0 | 0.03 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -287.7% | N/A |
Note: Shareholder equity is negative (-$518K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.78), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is LQR House Inc.'s annual revenue?
LQR House Inc. (YHC) reported $2.5M in total revenue for fiscal year 2024. This represents a 123.2% 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 LQR House Inc.'s revenue growing?
LQR House Inc. (YHC) revenue grew by 123.2% year-over-year, from $1.1M to $2.5M in fiscal year 2024.
Is LQR House Inc. profitable?
No, LQR House Inc. (YHC) reported a net income of -$22.8M in fiscal year 2024, with a net profit margin of -909.6%.
What is LQR House Inc.'s earnings per share (EPS)?
LQR House Inc. (YHC) reported diluted earnings per share of $4.12 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is LQR House Inc.'s gross margin?
LQR House Inc. (YHC) had a gross margin of -12.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is LQR House Inc.'s operating margin?
LQR House Inc. (YHC) had an operating margin of -739.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is LQR House Inc.'s net profit margin?
LQR House Inc. (YHC) had a net profit margin of -909.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is LQR House Inc.'s operating cash flow?
LQR House Inc. (YHC) generated -$6.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are LQR House Inc.'s total assets?
LQR House Inc. (YHC) had $6.9M in total assets as of fiscal year 2024, including both current and long-term assets.
Does LQR House Inc. buy back shares?
Yes, LQR House Inc. (YHC) spent $547K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does LQR House Inc. have outstanding?
LQR House Inc. (YHC) had 430,341 shares outstanding as of fiscal year 2024.
What is LQR House Inc.'s current ratio?
LQR House Inc. (YHC) had a current ratio of 0.78 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is LQR House Inc.'s debt-to-equity ratio?
LQR House Inc. (YHC) had a debt-to-equity ratio of -14.38 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is LQR House Inc.'s return on assets (ROA)?
LQR House Inc. (YHC) had a return on assets of -328.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is LQR House Inc.'s cash runway?
Based on fiscal year 2024 data, LQR House Inc. (YHC) had $5.4M in cash against an annual operating cash burn of $6.6M. This gives an estimated cash runway of approximately 10 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.
Why is LQR House Inc.'s debt-to-equity ratio negative or unusual?
LQR House Inc. (YHC) has negative shareholder equity of -$518K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is LQR House Inc.'s Piotroski F-Score?
LQR House Inc. (YHC) 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 LQR House Inc.'s earnings high quality?
LQR House Inc. (YHC) has an earnings quality ratio of 0.29x, 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.