Zeta Network Group (ZNB) Financials
Ticker history: ADD became ZNB (Zeta Network Group) on .
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Oct 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ZNB SEC filings page.
Zeta Network Group (ZNB) reported $28.4M in revenue for fiscal year 2026, up 225.0% 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 (20-F and 6-K reports).
Revenue expanded, but costs rose faster, so operations still did not fund cash needs despite a much larger balance sheet.
Across FY2025 and FY2026, operating cash flow stayed negative while financing cash flow remained positive, indicating that the business did not fund its cash needs internally. The FY2026 net loss of$157.5M was far larger than operating cash flow of-$7.0M , so accounting losses and near-term cash consumption are measuring different pressures.
FY2026 revenue was
With liabilities at
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. 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 Zeta Network Group'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.
Zeta Network Group held $44K in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $7.0M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Zeta Network Group scores 1/100 among other emerging companies.
Not available for Zeta Network Group, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Not available for Zeta Network Group, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Zeta Network Group reported revenue of $28.4M in fiscal year 2026, against $8.7M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and Zeta Network Group scores 99/100 among other emerging companies.
Zeta Network Group's operations used $7.0M of cash in fiscal year 2026, against $8.3M used in fiscal year 2025. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Zeta Network Group scores 16/100 among other emerging companies.
Zeta Network Group's cash, cash equivalents and investments came to $44K at the end of fiscal year 2026, against $12.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Zeta Network Group scores 1/100 among other emerging companies.
Zeta Network Group scores -3.43, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $412.7M against total assets of $131.5M. 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.
Zeta Network Group 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, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
Zeta Network Group reported a net loss of $157.5M while operations used $7.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Zeta Network Group reported an operating loss of $18.7M against $493K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Zeta Network Group generated $28.4M in revenue in fiscal year 2026. This represents an increase of 225.0% from the prior year.
Zeta Network Group's EBITDA was -$9.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1301.0% from the prior year.
Zeta Network Group reported a net loss of $157.5M in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Zeta Network Group earned -$927.59 per diluted share (EPS) in fiscal year 2026.
Cash & Balance Sheet
Zeta Network Group held $44K in cash against $0 in long-term debt as of fiscal year 2026, with $12.2M of liabilities due within a year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Zeta Network Group's gross margin was -18.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 15.8 percentage points from the prior year.
Zeta Network Group's operating margin was -66.0% in fiscal year 2026, reflecting core business profitability. This is down 13.8 percentage points from the prior year.
Zeta Network Group's ROE was -132.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 52.4 percentage points from the prior year.
Not shown for fiscal year 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for fiscal year 2026.
ZNB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.4M+225.0% | $8.7M+7994.6% | $108K | N/A | $16.5M+143.5% | $6.8M | N/A | $43.7M-4.6% | $45.7M+1.5% | $45.0M |
| Cost of Revenue | $33.7M+274.9% | $9.0M+64010.8% | $14K | N/A | $8.5M+106.5% | $4.1M | N/A | $39.1M+0.2% | $39.0M-11.2% | $44.0M |
| Gross Profit | -$5.3Mn/m | -$250K-366.0% | $94K | N/A | $8.0M+201.4% | $2.6M | N/A | $4.6M-32.1% | $6.7M+513.0% | $1.1M |
| R&D Expenses | N/A | N/A | N/A | $122K-99.8% | $68.3M+8248.8% | $818K+581.5% | $120K-46.3% | $224K-81.1% | $1.2M+39.7% | $846K |
| SG&A Expenses | $4.2M+60.0% | $2.6M+14.8% | $2.3M-84.8% | $15.0M+8.3% | $13.9M+144.7% | $5.7M+254.3% | $1.6M-22.6% | $2.1M+124.9% | $919K-82.9% | $5.4M |
| Operating Income | -$18.7Mn/m | -$4.6Mn/m | -$6.1Mn/m | -$37.8Mn/m | -$78.9Mn/m | -$9.7Mn/m | -$5.2Mn/m | -$6.7Mn/m | -$2.3Mn/m | -$8.8M |
| EBITDA | -$9.0M-1301.0% | $746Kn/m | -$1.9Mn/m | -$32.0Mn/m | -$73.0Mn/m | -$5.9Mn/m | -$5.2Mn/m | -$6.7Mn/m | -$2.3Mn/m | -$7.6M |
| Interest Expense | $493K+67.3% | $295K+259.6% | $82K | N/A | N/A | N/A | N/A | $300K-78.6% | $1.4M+75.0% | $800K |
| Income Tax | N/A | N/A | N/A | $37.8M-51.0% | $77.2M+701.0% | $9.6M+86.5% | $5.2M-22.4% | $6.7M | N/A | N/A |
| Net Income | -$157.5Mn/m | -$43.0Mn/m | -$26.9Mn/m | -$37.8Mn/m | -$77.2Mn/m | -$8.2Mn/m | -$11.6Mn/m | -$14.4Mn/m | -$7.4Mn/m | -$11.0M |
| EPS (Basic) | -$927.59 | -$89400.12 | -$1763.56 | -$10321.70 | -$19.90 | -$0.14 | -$0.44 | -$1.14 | -$0.78 | -$4.87 |
| EPS (Diluted) | -$927.59 | -$89400.12 | -$1763.56 | -$10321.70 | -$19.90 | -$4.84 | -$39.95 | -$1.32 | -$1.73 | -$4.87 |
| Diluted Shares (Avg) | 169,757 | 481 | 20 | 3,667 | 4M | 2M | 291,001 | 6M | 3M | 2M |
ZNB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $131.5M+267.0% | $35.8M+29.8% | $27.6M-8.2% | $30.0M-43.8% | $53.5M-34.1% | $81.1M+1038.8% | $7.1M-86.9% | $54.2M+1.4% | $53.4M | N/A |
| Current Assets | $117.7M+3056.8% | $3.7M-64.4% | $10.5M-34.7% | $16.0M-42.4% | $27.9M+264.6% | $7.6M+141.8% | $3.2M-94.0% | $52.5M+3.7% | $50.7M | N/A |
| Cash & Equivalents | $44K-95.8% | $1.1M+5147.3% | $20K-91.6% | $239K-72.5% | $872K+400.8% | $174K-82.4% | $989K+184.5% | $347K-68.4% | $1.1M+389.0% | $225K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Inventory | N/A | N/A | N/A | N/A | N/A | $11K | N/A | $511K+19.7% | $427K | N/A |
| Accounts Receivable | $861K-67.7% | $2.7M+116.8% | $1.2M | N/A | $2.5M | N/A | N/A | $37.0M-14.6% | $43.3M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $12.2M-2.6% | $12.5M+37.9% | $9.1M+70.2% | $5.3M+6.1% | $5.0M+21.7% | $4.1M+680.0% | $529K-99.0% | $53.6M+22.8% | $43.7M | N/A |
| Current Liabilities | $12.2M-2.6% | $12.5M+38.0% | $9.1M+70.1% | $5.3M+6.1% | $5.0M+21.7% | $4.1M+680.0% | $529K-99.0% | $53.6M+22.8% | $43.7M | N/A |
| Non-Current Liabilities | $0n/m | $0-100.0% | $9Kn/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | N/A |
| Long-Term Debt | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $119.3M+411.5% | $23.3M+25.9% | $18.5M-25.0% | $24.7M-49.0% | $48.4M-37.0% | $77.0M+1067.6% | $6.6M+1165.5% | $521K-94.6% | $9.7M-1.8% | $9.9M |
| Retained Earnings | -$412.7Mn/m | -$255.1Mn/m | -$212.1Mn/m | -$185.2Mn/m | -$147.4Mn/m | -$70.2Mn/m | -$61.9Mn/m | -$64.0Mn/m | -$49.6M | N/A |
Not reported in any period shown, so not listed: Goodwill.
ZNB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$7.0Mn/m | -$8.3Mn/m | -$2.8Mn/m | -$7.9Mn/m | -$29.4Mn/m | -$2.8Mn/m | -$2.5Mn/m | -$1.1M-143.9% | $2.5M+44.1% | $1.7M |
| Depreciation & Amortization | $9.8M+84.3% | $5.3M+26.9% | $4.2M-28.7% | $5.9M-0.7% | $5.9M+58.6% | $3.7Mn/m | $0n/m | $0n/m | $0-100.0% | $1.2M |
| Stock-Based Compensation | $646K-61.4% | $1.7M-56.7% | $3.9M+10.7% | $3.5M-26.2% | $4.7M-17.2% | $5.7M+66.0% | $3.4M-25.0% | $4.6M+230.7% | $1.4M+380.5% | $289K |
| Capital Expenditures | N/A | $3.4M | N/A | N/A | $40K-98.0% | $2.0M+1.0% | $2.0M+1373.8% | $136K-1.8% | $138K-34.5% | $211K |
| Free Cash Flow | N/A | -$11.7M | N/A | N/A | -$29.4Mn/m | -$4.8Mn/m | -$4.5Mn/m | -$1.2M-152.4% | $2.3M+55.2% | $1.5M |
| Investing Cash Flow | N/A | -$3.4M | N/A | N/A | -$14.2Mn/m | -$65.5Mn/m | -$1.4Mn/m | -$136Kn/m | -$138Kn/m | -$211K |
| Financing Cash Flow | $5.9M-53.6% | $12.8M+398.9% | $2.6M-64.7% | $7.2M-83.7% | $44.3M-34.4% | $67.5M+1307.8% | $4.8M+817.5% | $523Kn/m | -$5.8Mn/m | -$2.1M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ZNB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -18.6%-15.8pp | -2.9%-89.9pp | 87.0% | N/A | 48.3%+9.3pp | 39.0% | N/A | 10.4%-4.2pp | 14.7%+12.3pp | 2.4% |
| Operating Margin | -66.0%-13.8pp | -52.1% | -5624.4% | N/A | -477.6% | -142.3% | N/A | -15.3%-10.2pp | -5.0%+14.4pp | -19.5% |
| Net Margin | -555.2% | -492.8% | -24920.5% | N/A | -467.4% | -121.4% | N/A | -33.0%-16.8pp | -16.2%+8.3pp | -24.5% |
| Return on Equity | -132.0%+52.4pp | -184.4%-39.4pp | -145.0%+8.1pp | -153.1%+6.2pp | -159.4%-148.7pp | -10.7%+165.7pp | -176.4%+2586.4pp | -2762.8%-2686.5pp | -76.3%+35.5pp | -111.7% |
| Return on Assets | -119.8%+0.3pp | -120.0%-22.7pp | -97.4%+28.6pp | -126.0%+18.4pp | -144.4%-134.3pp | -10.2%+153.2pp | -163.3%-136.8pp | -26.6%-12.7pp | -13.9% | N/A |
| Current Ratio | 9.67+9.4x | 0.30-0.9x | 1.16-1.9x | 3.01-2.5x | 5.55+3.7x | 1.85-4.1x | 5.98+5.0x | 0.98-0.2x | 1.16 | N/A |
| Debt-to-Equity | 0.00 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Liabilities-to-Equity | 0.10-0.4x | 0.540.0x | 0.49+0.3x | 0.22+0.1x | 0.100.0x | 0.050.0x | 0.08-102.9x | 103.00+98.5x | 4.50 | N/A |
| Asset Turnover | 0.220.0x | 0.24+0.2x | 0.00 | N/A | 0.31+0.2x | 0.08 | N/A | 0.81-0.1x | 0.86 | N/A |
| FCF Margin | N/A | -134.5% | N/A | N/A | -178.2% | -71.1% | N/A | -2.8%-7.8pp | 5.1%+1.7pp | 3.3% |
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: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Zeta Network Group ZNB | FY2026 | $28.4M | -$157.5M | N/A | $5.2M | 29/100 |
| Pop Culture Group Co., Ltd CPOP | FY2025 | $107.6M | -$6.9M | -6.4% | $5.0M | 69/100 |
| Mega Matrix Inc. MPU | FY2025 | $26.1M | -$34.3M | N/A | $4.4M | 34/100 |
| Anghami Inc. ANGH | FY2025 | $99.3M | -$89.5M | -90.1% | $31.9M | 41/100 |
| NIP Group Inc. NIPG | FY2025 | $126.5M | -$237.5M | N/A | $27.8M | 38/100 |
| Kustom Entertainment, Inc. KUST | FY2025 | $13.8M | -$6.7M | -48.5% | $2.1M | 31/100 |
Where Zeta Network Group Ranks
Frequently Asked Questions
Zeta Network Group (ZNB) reported $28.4M in total revenue for fiscal year 2026. This represents a 225.0% 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.
Zeta Network Group (ZNB) revenue grew by 225.0% year-over-year, from $8.7M to $28.4M in fiscal year 2026.
No, Zeta Network Group (ZNB) reported a net loss of $157.5M in fiscal year 2026.
Zeta Network Group (ZNB) had EBITDA of -$9.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2026, Zeta Network Group (ZNB) had $44K in cash and equivalents against $0 in long-term debt.
Zeta Network Group (ZNB) had a gross margin of -18.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
Zeta Network Group (ZNB) had an operating margin of -66.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
Zeta Network Group (ZNB) has a return on equity of -132.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
Zeta Network Group (ZNB) recorded an outflow of $7.0M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
Zeta Network Group (ZNB) had $131.5M in total assets as of fiscal year 2026, including both current and long-term assets.
Zeta Network Group (ZNB) had a current ratio of 9.67 as of fiscal year 2026, which is generally considered healthy.
Zeta Network Group (ZNB) had a debt-to-equity ratio of 0.00 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Zeta Network Group (ZNB) had a liabilities-to-equity ratio of 0.10 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Zeta Network Group (ZNB) had a return on assets of -119.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Zeta Network Group (ZNB) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $5.2M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Zeta Network Group (ZNB) trades at 0.2x sales, its market capitalization divided by $28.4M revenue, FY2026. The market capitalization is $5.2M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2026, Zeta Network Group (ZNB) held $44K in cash, cash equivalents and investments, and reported an operating cash outflow of $7.0M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Zeta Network Group (ZNB) has an Altman Z-Score of -3.43, 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.
Zeta Network Group (ZNB) 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.
Zeta Network Group (ZNB) reported a net loss of $157.5M while operations used $7.0M 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.
Zeta Network Group (ZNB) reported an operating loss of $18.7M against $493K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.
Zeta Network Group (ZNB) scores 29 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is the average 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. For Zeta Network Group it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. 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.