ZENTEK (ZTEKF) Financials
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 Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2025, filed Jun 27, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ZTEKF SEC filings page.
ZENTEK LTD (ZTEKF) reported $607K in revenue for fiscal year 2025, up 2655.5% from the prior fiscal year. This page shows its 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).
Financial Health Signals
ZENTEK LTD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
ZENTEK LTD scores 4.28, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $51.9M against total liabilities of $2.5M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
ZENTEK LTD passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
ZENTEK LTD reported a net loss of $7.0M while operations used $4.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
ZENTEK LTD reported an operating loss of $6.7M against $64K 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
ZENTEK LTD generated $607K in revenue in fiscal year 2025. This represents an increase of 2655.5% from the prior year.
ZENTEK LTD reported a net loss of $7.0M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
ZENTEK LTD earned -$0.07 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Not reported for fiscal year 2025.
Cash & Balance Sheet
ZENTEK LTD recorded an outflow of $4.4M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
ZENTEK LTD held $84K in cash against $0 in long-term debt as of fiscal year 2025, with $2.4M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
ZENTEK LTD's gross margin was 26.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
ZENTEK LTD's ROE was -68.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 10.0 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
ZENTEK LTD invested $324K in research and development in fiscal year 2025. This represents a decrease of 75.3% from the prior year.
ZENTEK LTD invested $972 in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 99.6% from the prior year.
Not reported for fiscal year 2025.
ZTEKF 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 | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K |
|---|---|---|---|---|---|
| Revenue | $607K+2655.5% | $22K-59.1% | $54K-80.6% | $278K+14747.5% | $2K |
| Cost of Revenue | $448K+110.0% | $213K | N/A | N/A | N/A |
| Gross Profit | $158Kn/m | -$191K | N/A | N/A | N/A |
| R&D Expenses | $324K-75.3% | $1.3M+7.7% | $1.2M-1.5% | $1.2Mn/m | $0 |
| Operating Income | -$6.7Mn/m | -$9.2Mn/m | -$11.1Mn/m | -$10.1Mn/m | -$3.4M |
| Interest Expense | $64K-19.9% | $79K-11.1% | $89K+74.5% | $51K+894.3% | $5K |
| Income Tax | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Net Income | -$7.0Mn/m | -$8.6Mn/m | -$10.7Mn/m | -$25.4Mn/m | -$3.1M |
| EPS (Basic) | -$0.07n/m | -$0.09n/m | -$0.10n/m | -$0.27 | N/A |
| EPS (Diluted) | -$0.07n/m | -$0.09n/m | -$0.10n/m | -$0.27-784.4% | $0.04 |
Not reported in any period shown, so not listed: SG&A Expenses, EBITDA, Diluted Shares (Avg).
ZTEKF 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 | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K |
|---|---|---|---|---|---|
| Total Assets | $12.8M-23.3% | $16.7M-32.2% | $24.6M-31.7% | $36.0M+49.8% | $24.1M |
| Current Assets | $3.0M-34.2% | $4.6M-65.2% | $13.3M-48.2% | $25.6M+850.8% | $2.7M |
| Cash & Equivalents | $84K-96.8% | $2.6M-66.0% | $7.7M-64.2% | $21.4M+769.0% | $2.5M |
| Inventory | $617K-41.2% | $1.1M-50.1% | $2.1M+295.1% | $533Kn/m | $0 |
| Accounts Receivable | $836K+281.9% | $219K-47.9% | $421K-20.0% | $526K+453.7% | $95K |
| Total Liabilities | $2.5M+42.4% | $1.8M-17.1% | $2.1M-22.0% | $2.8M+24.1% | $2.2M |
| Current Liabilities | $2.4M+80.4% | $1.3M-24.9% | $1.8M-3.1% | $1.8M-7.4% | $2.0M |
| Non-Current Liabilities | $112K-74.3% | $438K+22.1% | $358K-60.4% | $906K+304.0% | $224K |
| Long-Term Debt | $0-100.0% | $191Kn/m | $0-100.0% | $800Kn/m | $0 |
| Total Equity | $10.3M-31.2% | $14.9M-33.7% | $22.5M-32.5% | $33.3M+52.4% | $21.8M |
| Retained Earnings | -$58.3Mn/m | -$56.6Mn/m | -$48.9Mn/m | -$41.8Mn/m | -$16.3M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Goodwill.
ZTEKF 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 | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K |
|---|---|---|---|---|---|
| Operating Cash Flow | -$4.4Mn/m | -$5.9Mn/m | -$9.6Mn/m | -$6.4Mn/m | -$1.4M |
| Capital Expenditures | $972-99.6% | $236K-85.9% | $1.7M-47.4% | $3.2M+1478.7% | $202K |
| Free Cash Flow | -$4.4Mn/m | -$6.2Mn/m | -$11.3Mn/m | -$9.6Mn/m | -$1.6M |
| Investing Cash Flow | $249K-82.0% | $1.4Mn/m | -$1.7Mn/m | -$5.8M | N/A |
| Financing Cash Flow | $1.8Mn/m | -$491Kn/m | -$779K-102.5% | $31.1M+635.9% | $4.2M |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
ZTEKF 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 | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K |
|---|---|---|---|---|---|
| Gross Margin | 26.1% | -869.3% | N/A | N/A | N/A |
| Operating Margin | -1100.9% | -41593.2% | -20550.1% | -3618.5% | -183172.8% |
| Net Margin | -1150.7% | -39254.1% | -19784.9% | -9128.9% | -164273.9% |
| Return on Equity | -68.1%-10.0pp | -58.0%-10.6pp | -47.4%+28.8pp | -76.3%-62.2pp | -14.1% |
| Return on Assets | -54.6%-2.7pp | -51.8%-8.5pp | -43.3%+27.2pp | -70.5%-57.7pp | -12.8% |
| Current Ratio | 1.25-2.2x | 3.44-4.0x | 7.42-6.4x | 13.87+12.5x | 1.35 |
| Debt-to-Equity | 0.000.0x | 0.010.0x | 0.000.0x | 0.020.0x | 0.00 |
| Liabilities-to-Equity | 0.25+0.1x | 0.120.0x | 0.100.0x | 0.080.0x | 0.10 |
| Asset Turnover | 0.050.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.00 |
| FCF Margin | -720.2% | -28077.8% | -20904.3% | -3449.1% | -87004.9% |
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: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Where ZENTEK LTD Ranks
Frequently Asked Questions
What is ZENTEK LTD's annual revenue?
ZENTEK LTD (ZTEKF) reported $607K in total revenue for fiscal year 2025. This represents a 2655.5% 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 ZENTEK LTD's revenue growing?
ZENTEK LTD (ZTEKF) revenue grew by 2655.5% year-over-year, from $22K to $607K in fiscal year 2025.
Is ZENTEK LTD profitable?
No, ZENTEK LTD (ZTEKF) reported a net loss of $7.0M in fiscal year 2025.
How much debt does ZENTEK LTD have?
As of fiscal year 2025, ZENTEK LTD (ZTEKF) had $84K in cash and equivalents against $0 in long-term debt.
What is ZENTEK LTD's gross margin?
ZENTEK LTD (ZTEKF) had a gross margin of 26.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is ZENTEK LTD's return on equity (ROE)?
ZENTEK LTD (ZTEKF) has a return on equity of -68.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ZENTEK LTD's free cash flow?
ZENTEK LTD (ZTEKF) recorded an outflow of $4.4M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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 ZENTEK LTD's operating cash flow?
ZENTEK LTD (ZTEKF) recorded an outflow of $4.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are ZENTEK LTD's total assets?
ZENTEK LTD (ZTEKF) had $12.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are ZENTEK LTD's capital expenditures?
ZENTEK LTD (ZTEKF) invested $972 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does ZENTEK LTD spend on research and development?
ZENTEK LTD (ZTEKF) invested $324K in research and development during fiscal year 2025.
What is ZENTEK LTD's current ratio?
ZENTEK LTD (ZTEKF) had a current ratio of 1.25 as of fiscal year 2025, which is considered adequate.
What is ZENTEK LTD's debt-to-equity ratio?
ZENTEK LTD (ZTEKF) had a debt-to-equity ratio of 0.00 as of fiscal year 2025. 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.
What is ZENTEK LTD's liabilities-to-equity ratio?
ZENTEK LTD (ZTEKF) had a liabilities-to-equity ratio of 0.25 as of fiscal year 2025, 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.
What is ZENTEK LTD's return on assets (ROA)?
ZENTEK LTD (ZTEKF) had a return on assets of -54.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ZENTEK LTD's P/E ratio?
ZENTEK LTD (ZTEKF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $51.9M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is ZENTEK LTD's price-to-sales ratio?
ZENTEK LTD (ZTEKF) trades at 85.6x sales, its market capitalization divided by $607K revenue, FY2025. The market capitalization is $51.9M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is ZENTEK LTD's Altman Z-Score?
ZENTEK LTD (ZTEKF) has an Altman Z-Score of 4.28, placing it in the Safe Zone (low 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 ZENTEK LTD's Piotroski F-Score?
ZENTEK LTD (ZTEKF) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 ZENTEK LTD's earnings high quality?
ZENTEK LTD (ZTEKF) reported a net loss of $7.0M while operations used $4.4M 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.
Can ZENTEK LTD cover its interest payments?
ZENTEK LTD (ZTEKF) reported an operating loss of $6.7M against $64K 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.