Free Trial
→ Analyst nicknamed “The Prophet” issues new warning for America (From Stansberry Research) (Ad)tc pixel Free BTOC Stock Alerts

Armlogi (BTOC) Financials

Armlogi logo
$0.23 +0.00 (+0.48%)
Closing price 10/5/2026 04:00 PM Eastern
Extended Trading
$0.24 +0.01 (+5.03%)
As of 07:54 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Armlogi

Annual Income Statements for Armlogi

This table shows Armlogi's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025 2026
Period end date 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 14 7.44 -15 -21
Consolidated Net Income / (Loss)		 8.56 5.30 -15 -21
Net Income / (Loss) Continuing Operations		 8.56 5.30 -15 -21
Total Pre-Tax Income 		19 10 -17 -21
Total Operating Income		 18 8.12 -18 -22
Total Gross Profit		 26 18 -3.00 0.42
Total Revenue		 135 167 190 186
Operating Revenue		 135 167 190 186
Total Cost of Revenue		 109 149 193 185
Operating Cost of Revenue		 109 149 193 185
Total Operating Expenses		 7.80 9.97 15 22
Selling, General & Admin Expense		 7.80 9.97 15 22
Total Other Income / (Expense), net		 1.35 2.27 0.76 0.67
Interest Expense		 - - 1.19 0.00
Other Income / (Expense), net		 1.35 2.27 1.96 0.67
Income Tax Expense		 11 5.09 -1.56 0.00
Basic Earnings per Share		 $0.35 $0.19 ($0.37) ($0.47)
Weighted Average Basic Shares Outstanding		 40M 40.21M 41.81M 44.69M
Diluted Earnings per Share		 - - ($0.37) ($0.47)
Weighted Average Diluted Shares Outstanding		 40M 40.22M 41.81M 44.69M
Weighted Average Basic & Diluted Shares Outstanding		 - 40.22M 45.44M 45.44M

Quarterly Income Statements for Armlogi

This table shows Armlogi's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 3.74 0.68 0.26 -4.59 -1.66 -3.76 -5.34 -6.51 -3.86 -5.07 -5.44
Consolidated Net Income / (Loss)		 2.52 0.48 0.19 -4.65 -1.66 -3.76 -5.29 -6.51 -3.86 -5.07 -5.44
Net Income / (Loss) Continuing Operations		 2.52 0.48 0.19 -4.59 -1.66 -3.76 -5.32 -6.50 -3.88 -5.07 -5.42
Total Pre-Tax Income 		5.19 0.96 0.39 -6.08 -1.74 -3.76 -5.34 -6.51 -3.84 -5.07 -5.46
Total Operating Income		 4.76 0.05 -0.02 -7.28 -2.18 -4.19 -4.03 -6.70 -4.10 -5.19 -5.55
Total Gross Profit		 7.68 3.32 1.85 -3.61 0.48 0.28 -0.15 -2.48 -0.77 -1.87 5.54
Total Revenue		 42 38 45 42 51 46 51 49 52 42 43
Operating Revenue		 42 38 45 42 51 46 51 49 52 42 43
Total Cost of Revenue		 34 35 43 46 51 46 51 52 52 44 38
Operating Cost of Revenue		 34 35 43 46 51 46 51 52 52 44 38
Total Operating Expenses		 2.92 3.27 1.87 3.67 2.70 4.47 3.87 4.22 3.33 3.33 11
Selling, General & Admin Expense		 2.92 3.27 1.87 3.67 2.66 4.47 3.87 4.22 3.33 3.33 11
Total Other Income / (Expense), net		 0.43 0.90 0.41 1.20 0.48 0.44 -1.31 0.19 0.26 0.12 0.10
Other Income / (Expense), net		 0.43 0.90 0.41 1.20 0.48 0.44 -0.12 0.19 0.26 0.12 0.10
Income Tax Expense		 2.68 0.48 0.20 -1.49 -0.08 0.00 -0.03 -0.01 0.04 0.00 -0.03
Basic Earnings per Share		 $0.09 $0.02 $0.01 ($0.11) ($0.04) ($0.09) ($0.13) ($0.15) ($0.08) ($0.11) ($0.13)
Weighted Average Basic Shares Outstanding		 40M 40M 40.21M 41.63M 41.64M 41.71M 41.81M 42.46M 45.44M 45.44M 44.69M
Diluted Earnings per Share		 - - - ($0.11) ($0.04) ($0.09) ($0.13) ($0.15) ($0.08) ($0.11) ($0.13)
Weighted Average Diluted Shares Outstanding		 40M 40M 40.22M 41.63M 41.64M 41.71M 41.81M 42.46M 45.44M 45.44M 44.69M
Weighted Average Basic & Diluted Shares Outstanding		 - 41.60M 40.22M - - - 45.44M - - - 45.44M

Annual Cash Flow Statements for Armlogi

This table details how cash moves in and out of Armlogi's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025 2026
Period end date 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Change in Cash & Equivalents		 4.31 3.39 3.63 -7.04
Net Cash From Operating Activities		 12 2.99 1.46 -5.13
Net Cash From Continuing Operating Activities		 12 2.99 1.46 -5.13
Net Income / (Loss) Continuing Operations		 14 7.44 -15 -21
Consolidated Net Income / (Loss)		 14 7.44 -15 -21
Depreciation Expense		 1.28 2.00 2.93 3.50
Amortization Expense		 0.03 0.04 0.04 0.04
Non-Cash Adjustments To Reconcile Net Income		 1.08 5.18 9.52 5.73
Changes in Operating Assets and Liabilities, net		 -4.51 -12 4.32 6.46
Net Cash From Investing Activities		 -4.32 -7.44 -1.81 0.71
Net Cash From Continuing Investing Activities		 -4.32 -7.44 -1.81 0.71
Purchase of Property, Plant & Equipment		 -1.81 -5.21 -2.89 -1.84
Sale of Property, Plant & Equipment		 - 0.00 0.05 0.19
Sale and/or Maturity of Investments		 - 2.52 2.04 4.76
Other Investing Activities, net		 -2.45 -4.75 -1.00 -2.40
Net Cash From Financing Activities		 -3.18 7.84 3.97 -2.61
Net Cash From Continuing Financing Activities		 -3.18 7.84 3.97 -2.61
Repayment of Debt		 -2.71 -0.44 -3.76 -2.02
Issuance of Debt		 -0.43 0.00 8.09 0.00
Other Financing Activities, net		 -0.04 0.81 -0.36 -0.59
Cash Interest Paid		 - 0.05 0.10 0.00
Cash Income Taxes Paid		 -2.70 4.74 0.12 0.00

Quarterly Cash Flow Statements for Armlogi

This table details how cash moves in and out of Armlogi's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 -1.38 -0.97 3.90 -4.96 2.39 2.03 4.17 -2.73 -1.41 -2.37 -0.52
Net Cash From Operating Activities		 0.43 0.46 -0.96 -3.61 -5.62 3.59 7.10 -1.93 -1.47 -2.11 0.38
Net Cash From Continuing Operating Activities		 0.43 0.46 -0.96 -3.61 -5.62 3.59 7.10 -1.93 -1.47 -2.11 0.38
Net Income / (Loss) Continuing Operations		 3.74 0.68 0.26 -4.65 -1.66 -3.76 -5.29 -6.51 -3.86 -5.07 -5.44
Consolidated Net Income / (Loss)		 3.74 0.68 0.26 -4.65 -1.66 -3.76 -5.29 -6.51 -3.86 -5.07 -5.44
Depreciation Expense		 0.49 0.53 0.55 0.62 0.67 0.69 0.95 0.78 0.90 0.89 0.94
Amortization Expense		 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Non-Cash Adjustments To Reconcile Net Income		 2.98 0.26 1.83 2.78 1.86 1.61 3.27 1.74 1.86 1.07 1.07
Changes in Operating Assets and Liabilities, net		 -6.79 -1.02 -3.61 -2.37 -6.51 5.03 8.16 2.05 -0.38 0.99 3.81
Net Cash From Investing Activities		 -1.78 -0.73 -2.76 -1.32 0.31 -0.52 -0.27 1.32 0.24 -0.08 -0.77
Net Cash From Continuing Investing Activities		 -1.78 -0.73 -2.76 -1.32 0.31 -0.52 -0.27 1.32 0.24 -0.08 -0.77
Purchase of Property, Plant & Equipment		 -1.80 -0.13 -2.13 -1.35 -0.72 -0.52 -0.30 -0.06 -0.58 -0.15 -1.05
Sale of Property, Plant & Equipment		 - - - - - - 0.02 - - - 0.19
Sale and/or Maturity of Investments		 - - 2.52 1.04 1.00 - - 3.74 0.82 0.08 0.12
Other Investing Activities, net		 0.02 -0.60 -3.15 -1.00 - - - -2.37 - - -0.03
Net Cash From Financing Activities		 -0.03 -0.70 7.62 -0.04 7.71 -1.04 -2.66 -2.12 -0.18 -0.18 -0.13
Net Cash From Continuing Financing Activities		 -0.03 -0.70 7.62 -0.04 7.71 -1.04 0.60 -2.12 -0.18 -0.18 -0.13
Other Financing Activities, net		 0.09 0.20 0.34 -0.04 -0.04 - - -0.10 -0.18 -0.18 -0.13
Cash Income Taxes Paid		 - 0.00 4.57 - - - 0.04 - - 0.00 -0.02

Annual Balance Sheets for Armlogi

This table presents Armlogi's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025 2026
Period end date 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Total Assets		 89 167 170 131
Total Current Assets		 30 38 38 20
Cash & Equivalents		 6.56 7.89 9.19 2.22
Note & Lease Receivable		 2.45 1.88 3.89 1.06
Accounts Receivable		 17 25 22 16
Prepaid Expenses		 0.80 1.13 1.38 0.93
Other Current Assets		 2.95 1.62 1.00 0.03
Plant, Property, & Equipment, net		 7.63 11 11 11
Total Noncurrent Assets		 50 118 121 100
Noncurrent Note & Lease Receivables		 0.48 3.22 0.75 1.09
Intangible Assets		 0.13 0.09 0.05 0.01
Other Noncurrent Operating Assets		 50 115 120 99
Total Liabilities & Shareholders' Equity		 89 167 170 131
Total Liabilities		 63 128 145 123
Total Current Liabilities		 24 33 46 46
Short-Term Debt		 - 0.00 5.29 0.00
Accounts Payable		 8.47 7.50 9.60 9.99
Accrued Expenses		 0.26 0.41 0.28 0.44
Current Deferred Revenue		 0.42 0.28 0.94 0.52
Other Current Liabilities		 13 25 30 35
Total Noncurrent Liabilities		 39 95 99 77
Capital Lease Obligations		 0.29 0.17 0.40 0.50
Other Noncurrent Operating Liabilities		 38 93 99 77
Commitments & Contingencies		 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 25 39 25 8.02
Total Preferred & Common Equity		 25 39 25 8.02
Total Common Equity		 25 39 25 8.02
Common Stock		 8.99 15 17 20
Retained Earnings		 16 24 8.42 -12

Quarterly Balance Sheets for Armlogi

This table presents Armlogi's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 3/31/2024 9/30/2024 12/31/2024 3/31/2025 9/30/2025 12/31/2025 3/31/2026
Total Assets		 171 157 164 178 156 153 144
Total Current Assets		 40 32 43 40 29 29 25
Cash & Equivalents		 3.99 2.92 5.12 5.63 6.46 5.04 2.67
Note & Lease Receivable		 4.14 0.86 3.81 3.85 1.71 1.74 1.68
Accounts Receivable		 25 25 31 27 18 19 18
Prepaid Expenses		 1.22 0.81 0.88 1.20 1.67 1.28 1.31
Other Current Assets		 3.96 1.88 1.91 2.22 0.99 1.66 0.78
Plant, Property, & Equipment, net		 10 12 12 12 11 11 10
Total Noncurrent Assets		 120 114 109 127 116 113 109
Noncurrent Note & Lease Receivables		 0.35 4.19 0.24 0.20 1.65 1.52 1.41
Intangible Assets		 0.10 0.08 0.08 0.07 0.04 0.03 0.02
Other Noncurrent Operating Assets		 120 110 109 126 115 112 107
Total Liabilities & Shareholders' Equity		 171 157 164 178 156 153 144
Total Liabilities		 137 123 131 148 134 135 130
Total Current Liabilities		 36 34 40 43 40 45 46
Short-Term Debt		 - - 7.66 6.34 0.00 0.00 0.00
Accounts Payable		 6.82 5.57 5.53 6.87 - - 8.38
Accrued Expenses		 0.46 0.78 0.39 0.69 0.61 0.49 0.66
Current Deferred Revenue		 - 0.77 1.25 0.47 0.83 0.63 0.60
Other Current Liabilities		 25 27 25 28 31 34 36
Total Noncurrent Liabilities		 101 89 90 105 94 90 85
Capital Lease Obligations		 0.19 0.13 0.14 0.08 0.42 0.80 0.70
Other Noncurrent Operating Liabilities		 99 89 90 105 93 89 84
Commitments & Contingencies		 - 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 33 35 33 30 22 19 13
Total Preferred & Common Equity		 33 35 33 30 22 19 13
Total Common Equity		 33 35 33 30 22 19 13
Common Stock		 9.75 15 16 16 20 20 20
Retained Earnings		 24 19 17 14 1.91 -1.95 -7.02

Annual Metrics And Ratios for Armlogi

This table displays calculated financial ratios and metrics derived from Armlogi's official financial filings.

Metric 2023 2024 2025 2026
Period end date 6/30/2023 6/30/2024 6/30/2025 6/30/2026
DEI Shares Outstanding		 0.00 41,600,000.00 41,677,147.00 45,442,479.00
DEI Adjusted Shares Outstanding		 0.00 41,600,000.00 41,677,147.00 45,442,479.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 0.18 -0.37 -0.46
Growth Metrics		 - - - -
Revenue Growth		 0.00% 23.65% 14.03% -2.40%
EBITDA Growth		 0.00% -39.70% -202.31% -35.92%
EBIT Growth		 0.00% -46.13% -250.91% -32.79%
NOPAT Growth		 0.00% -48.03% -399.06% -21.89%
Net Income Growth		 0.00% -38.13% -389.81% -36.00%
EPS Growth		 0.00% 0.00% 0.00% -27.03%
Operating Cash Flow Growth		 0.00% -74.64% -51.19% -451.41%
Free Cash Flow Firm Growth		 0.00% 0.00% 72.38% 108.52%
Invested Capital Growth		 0.00% 70.06% -31.50% -70.82%
Revenue Q/Q Growth		 0.00% 0.00% 3.06% -4.03%
EBITDA Q/Q Growth		 0.00% 0.00% -48.38% -8.25%
EBIT Q/Q Growth		 0.00% 0.00% -40.79% -6.67%
NOPAT Q/Q Growth		 0.00% 0.00% -29.37% -7.61%
Net Income Q/Q Growth		 0.00% 0.00% -55.53% -0.73%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% -43.36% 122.13% -423.01%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% -96.18%
Invested Capital Q/Q Growth		 0.00% 0.00% -30.26% -45.16%
Profitability Metrics		 - - - -
Gross Margin		 19.06% 10.83% -1.58% 0.23%
EBITDA Margin		 15.25% 7.44% -6.67% -9.33%
Operating Margin		 13.28% 4.86% -9.28% -11.59%
EBIT Margin		 14.28% 6.22% -8.23% -11.23%
Profit (Net Income) Margin		 6.34% 3.17% -8.06% -11.23%
Tax Burden Percent		 44.40% 50.99% 90.76% 100.00%
Interest Burden Percent		 100.00% 100.00% 107.89% 100.00%
Effective Tax Rate		 55.60% 49.01% 0.00% 0.00%
Return on Invested Capital (ROIC)		 42.96% 16.53% -46.60% -108.14%
ROIC Less NNEP Spread (ROIC-NNEP)		 34.13% 0.55% 6.45% 114.05%
Return on Net Nonoperating Assets (RNNOA)		 -9.14% -0.12% -1.12% -17.97%
Return on Equity (ROE)		 33.82% 16.41% -47.72% -126.11%
Cash Return on Invested Capital (CROIC)		 0.00% -35.35% -9.20% 1.49%
Operating Return on Assets (OROA)		 21.77% 8.13% -9.30% -13.87%
Return on Assets (ROA)		 9.67% 4.14% -9.10% -13.87%
Return on Common Equity (ROCE)		 33.82% 16.41% -47.72% -126.11%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 7.96 4.14 -12 -15
NOPAT Margin		 5.90% 2.48% -6.50% -8.12%
Net Nonoperating Expense Percent (NNEP)		 8.83% 15.98% -53.04% -222.20%
Return On Investment Capital (ROIC_SIMPLE)		 31.10% 10.50% -40.20% -177.05%
Cost of Revenue to Revenue		 80.94% 89.17% 101.58% 99.77%
SG&A Expenses to Revenue		 5.78% 5.97% 7.71% 11.82%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 5.78% 5.97% 7.73% 11.82%
Earnings before Interest and Taxes (EBIT)		 19 10 -16 -21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 21 12 -13 -17
Valuation Ratios		 - - - -
Price to Book Value (P/BV)		 0.32 4.84 2.70 1.67
Price to Tangible Book Value (P/TBV)		 0.32 4.85 2.71 1.68
Price to Revenue (P/Rev)		 0.06 1.14 0.36 0.07
Price to Earnings (P/E)		 0.57 25.51 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 174.02% 3.92% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.09 5.78 2.98 1.86
Enterprise Value to Revenue (EV/Rev)		 0.01 1.09 0.34 0.06
Enterprise Value to EBITDA (EV/EBITDA)		 0.08 14.66 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.09 17.53 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.22 44.01 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.15 60.84 43.97 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 56.15
Leverage & Solvency		 - - - -
Debt to Equity		 0.01 0.00 0.23 0.06
Long-Term Debt to Equity		 0.01 0.00 0.02 0.06
Financial Leverage		 -0.27 -0.22 -0.17 -0.16
Leverage Ratio		 3.50 3.96 5.24 9.09
Compound Leverage Factor		 3.50 3.96 5.66 9.09
Debt to Total Capital		 1.14% 0.43% 18.49% 5.90%
Short-Term Debt to Total Capital		 0.00% 0.00% 17.20% 0.00%
Long-Term Debt to Total Capital		 1.14% 0.43% 1.29% 5.90%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 98.86% 99.57% 81.51% 94.10%
Debt to EBITDA		 0.01 0.01 -0.45 -0.03
Net Debt to EBITDA		 -0.30 -0.62 0.28 0.10
Long-Term Debt to EBITDA		 0.01 0.01 -0.03 -0.03
Debt to NOPAT		 0.04 0.04 -0.46 -0.03
Net Debt to NOPAT		 -0.79 -1.87 0.28 0.11
Long-Term Debt to NOPAT		 0.04 0.04 -0.03 -0.03
Altman Z-Score		 2.65 2.33 1.11 0.59
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - -
Current Ratio		 1.23 1.15 0.82 0.44
Quick Ratio		 1.08 1.07 0.77 0.42
Cash Flow Metrics		 - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -8.85 -2.44 0.21
Operating Cash Flow to CapEx		 651.34% 57.46% 51.40% -310.90%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 -2.05 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 1.23 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 -1.16 0.00
Efficiency Ratios		 - - - -
Asset Turnover		 1.53 1.31 1.13 1.23
Accounts Receivable Turnover		 7.76 7.79 7.99 9.79
Inventory Turnover		 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 17.70 17.92 17.10 16.87
Accounts Payable Turnover		 12.91 18.64 22.61 18.92
Days Sales Outstanding (DSO)		 47.02 46.85 45.69 37.30
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 28.28 19.58 16.14 19.29
Cash Conversion Cycle (CCC)		 18.74 27.27 29.55 18.01
Capital & Investment Metrics		 - - - -
Invested Capital		 19 32 22 6.30
Invested Capital Turnover		 7.29 6.67 7.17 13.33
Increase / (Decrease) in Invested Capital		 0.00 13 -9.93 -15
Enterprise Value (EV)		 1.73 182 64 12
Market Capitalization		 8.00 190 68 13
Book Value per Share		 $0.63 $0.94 $0.60 $0.18
Tangible Book Value per Share		 $0.63 $0.94 $0.60 $0.18
Total Capital		 26 39 31 8.52
Total Debt		 0.29 0.17 5.69 0.50
Total Long-Term Debt		 0.29 0.17 0.40 0.50
Net Debt		 -6.27 -7.72 -3.50 -1.71
Capital Expenditures (CapEx)		 1.81 5.21 2.84 1.65
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -0.88 -2.87 -12 -28
Debt-free Net Working Capital (DFNWC)		 5.67 5.02 -2.83 -26
Net Working Capital (NWC)		 5.67 5.02 -8.12 -26
Net Nonoperating Expense (NNE)		 -0.60 -1.16 2.98 5.79
Net Nonoperating Obligations (NNO)		 -6.78 -7.72 -3.50 -1.71
Total Depreciation and Amortization (D&A)		 1.32 2.03 2.97 3.54
Debt-free, Cash-free Net Working Capital to Revenue		 -0.65% -1.72% -6.31% -14.98%
Debt-free Net Working Capital to Revenue		 4.20% 3.01% -1.49% -13.79%
Net Working Capital to Revenue		 4.20% 3.01% -4.27% -13.79%
Earnings Adjustments		 - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.19 ($0.37) ($0.47)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 40.21M 41.81M 44.69M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.37) ($0.47)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 40.22M 41.81M 44.69M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 40.22M 45.44M 45.44M
Normalized Net Operating Profit after Tax (NOPAT)		 13 4.14 -12 -15
Normalized NOPAT Margin		 9.30% 2.48% -6.48% -8.12%
Pre Tax Income Margin		 14.28% 6.22% -8.88% -11.23%
Debt Service Ratios		 - - - -
EBIT to Interest Expense		 0.00 0.00 -13.15 0.00
NOPAT to Interest Expense		 0.00 0.00 -10.38 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 -15.53 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 -12.76 0.00
Payout Ratios		 - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Armlogi

This table displays calculated financial ratios and metrics derived from Armlogi's official financial filings.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 0.00 0.00 41,600,000.00 0.00 0.00 41,677,147.00 41,677,147.00 0.00 0.00 45,442,479.00 45,442,479.00
DEI Adjusted Shares Outstanding		 0.00 0.00 41,600,000.00 0.00 0.00 41,677,147.00 41,677,147.00 0.00 0.00 45,442,479.00 45,442,479.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 0.00 0.01 0.00 0.00 -0.09 -0.13 0.00 0.00 -0.11 -0.12
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% 27.57% 0.00% 3.00% 21.76% 19.26% 12.48% 16.46% 0.78% -9.09% -15.31%
EBITDA Growth		 0.00% -57.42% 0.00% -227.13% -117.75% -304.63% -434.98% -4.92% -190.04% -36.58% -39.48%
EBIT Growth		 0.00% -72.66% 0.00% -258.01% -132.58% -491.93% -1,160.71% -7.11% -127.06% -34.95% -30.07%
NOPAT Growth		 0.00% -96.46% 0.00% -380.44% -166.06% -10,777.59% -34,986.99% 7.89% -88.35% -23.74% -37.82%
Net Income Growth		 0.00% -42.93% 0.00% -320.75% -165.96% -879.69% -2,834.03% -40.02% -132.65% -34.95% -2.88%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -36.36% -100.00% -22.22% 0.00%
Operating Cash Flow Growth		 0.00% 0.00% -172.30% -217.99% -1,396.46% 681.60% 838.62% 46.59% 73.87% -158.89% -94.66%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 74.70% 0.00% 129.17% 150.38% 331.61% 60.39%
Invested Capital Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 14.42% -31.50% -48.60% -60.45% -62.89% -70.82%
Revenue Q/Q Growth		 1.84% -8.49% 17.81% -6.19% 20.39% -10.36% 11.11% -2.88% 4.18% -19.14% 3.51%
EBITDA Q/Q Growth		 32.56% -73.76% -36.17% -672.54% 81.49% -202.50% -4.49% -81.81% 48.83% -42.45% -8.17%
EBIT Q/Q Growth		 34.94% -81.54% -59.16% -1,653.51% 72.17% -122.00% -10.53% -58.54% 41.01% -31.94% -7.65%
NOPAT Q/Q Growth		 26.98% -98.81% -129.23% -63,250.42% 70.09% -92.76% 3.93% -66.30% 38.84% -26.64% -6.99%
Net Income Q/Q Growth		 19.48% -80.86% -59.85% -2,503.70% 64.30% -126.31% -40.79% -23.10% 40.69% -31.28% -7.33%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 63.64% -125.00% -44.44% 0.00% 46.67% -37.50% -18.18%
Operating Cash Flow Q/Q Growth		 -85.84% 5.99% -309.26% -275.66% -55.60% 163.90% 97.75% -127.17% 23.90% -44.03% 117.92%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 100.00% 0.00% -2.01% 81.83% 203.96% 51.41% 76.17% -16.48% -28.01%
Invested Capital Q/Q Growth		 0.00% 0.00% 16.49% 0.89% 13.56% -14.27% -30.26% -24.29% -12.63% -19.56% -45.16%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 18.28% 8.65% 4.09% -8.49% 0.94% 0.61% -0.30% -5.02% -1.49% -4.48% 12.85%
EBITDA Margin		 13.54% 3.88% 2.10% -12.84% -1.97% -6.66% -6.26% -11.56% -5.68% -10.01% -10.46%
Operating Margin		 11.33% 0.14% -0.04% -17.13% -4.26% -9.15% -7.91% -13.55% -7.95% -12.45% -12.87%
EBIT Margin		 12.36% 2.49% 0.86% -14.31% -3.31% -8.19% -8.15% -13.16% -7.45% -12.16% -12.65%
Profit (Net Income) Margin		 5.99% 1.25% 0.43% -10.94% -3.24% -8.19% -10.38% -13.15% -7.49% -12.16% -12.61%
Tax Burden Percent		 48.46% 50.27% 49.41% 76.46% 95.63% 100.00% 98.94% 99.95% 100.51% 100.00% 99.70%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 102.58% 100.00% 128.73% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 51.54% 49.73% 50.59% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% -0.09% -126.83% -29.26% -40.79% -39.71% -77.75% -43.70% -79.54% -120.08%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% -2.70% -158.73% -38.53% -10.58% 4.25% -36.57% 107.76% 162.98% -60.59%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.53% 12.80% -3.40% 0.90% -0.74% 5.67% -2.73% -4.42% 9.54%
Return on Equity (ROE)		 0.00% 0.00% 0.44% -114.03% -32.66% -39.89% -40.45% -72.08% -46.43% -83.95% -110.54%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% -28.07% 0.00% 0.00% 0.00% -9.20% 14.47% 33.79% 25.71% 1.49%
Operating Return on Assets (OROA)		 0.00% 0.00% 1.13% -15.28% -3.58% -8.68% -9.20% -16.56% -9.31% -14.63% -15.62%
Return on Assets (ROA)		 0.00% 0.00% 0.56% -11.69% -3.51% -8.68% -11.72% -16.55% -9.35% -14.63% -15.57%
Return on Common Equity (ROCE)		 0.00% 0.00% 0.44% -114.03% -32.66% -39.89% -40.45% -72.08% -46.43% -83.95% -110.54%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 2.31 0.03 -0.01 -5.09 -1.52 -2.94 -2.82 -4.69 -2.87 -3.63 -3.89
NOPAT Margin		 5.49% 0.07% -0.02% -11.99% -2.98% -6.40% -5.54% -9.48% -5.57% -8.72% -9.01%
Net Nonoperating Expense Percent (NNEP)		 0.00% 14.64% 2.61% 31.90% 9.27% -30.21% -43.96% -41.18% -151.45% -242.52% -59.50%
Return On Investment Capital (ROIC_SIMPLE)		 - 0.08% -0.02% -14.67% -3.72% -8.02% -9.16% -20.57% -14.85% -25.67% -45.64%
Cost of Revenue to Revenue		 81.72% 91.35% 95.91% 108.49% 99.06% 99.39% 100.30% 105.02% 101.49% 104.48% 87.15%
SG&A Expenses to Revenue		 6.95% 8.51% 4.13% 8.64% 5.20% 9.76% 7.61% 8.52% 6.46% 7.98% 25.73%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 6.95% 8.51% 4.13% 8.64% 5.28% 9.76% 7.61% 8.52% 6.46% 7.98% 25.73%
Earnings before Interest and Taxes (EBIT)		 5.19 0.96 0.39 -6.08 -1.69 -3.76 -4.15 -6.51 -3.84 -5.07 -5.46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 5.69 1.49 0.95 -5.45 -1.01 -3.05 -3.19 -5.72 -2.93 -4.17 -4.51
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.24 4.84 5.26 5.21 1.38 2.70 1.52 1.28 0.85 1.67
Price to Tangible Book Value (P/TBV)		 0.00 0.24 4.85 5.27 5.22 1.39 2.71 1.52 1.28 0.85 1.68
Price to Revenue (P/Rev)		 0.00 0.00 1.14 1.08 0.97 0.23 0.36 0.17 0.12 0.06 0.07
Price to Earnings (P/E)		 0.00 0.00 25.51 1,892.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 3.92% 0.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.08 5.78 5.63 4.86 1.37 2.98 1.71 1.36 0.83 1.86
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 1.09 1.07 0.99 0.23 0.34 0.14 0.10 0.05 0.06
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 14.66 66.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 17.53 388.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 44.01 23.83 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.41 60.84 0.00 0.00 0.00 43.97 8.89 2.66 5.97 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.02 2.28 1.74 56.15
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.01 0.00 0.00 0.24 0.21 0.23 0.02 0.04 0.05 0.06
Long-Term Debt to Equity		 0.00 0.01 0.00 0.00 0.00 0.00 0.02 0.02 0.04 0.05 0.06
Financial Leverage		 0.00 -0.19 -0.20 -0.08 0.09 -0.09 -0.17 -0.15 -0.03 -0.03 -0.16
Leverage Ratio		 0.00 5.13 3.96 4.55 4.93 5.50 5.24 5.51 6.13 7.38 9.09
Compound Leverage Factor		 0.00 5.13 3.96 4.55 5.06 5.50 6.75 5.51 6.13 7.38 9.09
Debt to Total Capital		 0.00% 0.58% 0.43% 0.39% 19.03% 17.53% 18.49% 1.85% 4.15% 4.96% 5.90%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 18.70% 17.32% 17.20% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.58% 0.43% 0.39% 0.33% 0.21% 1.29% 1.85% 4.15% 4.96% 5.90%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 99.42% 99.57% 99.61% 80.97% 82.47% 81.51% 98.15% 95.85% 95.04% 94.10%
Debt to EBITDA		 0.00 0.00 0.01 0.05 -1.94 -0.75 -0.45 -0.03 -0.05 -0.04 -0.03
Net Debt to EBITDA		 0.00 0.00 -0.62 -1.04 -0.67 -0.09 0.28 0.47 0.28 0.12 0.10
Long-Term Debt to EBITDA		 0.00 0.00 0.01 0.05 -0.03 -0.01 -0.03 -0.03 -0.05 -0.04 -0.03
Debt to NOPAT		 0.00 0.00 0.04 0.02 -1.18 -0.67 -0.46 -0.04 -0.06 -0.05 -0.03
Net Debt to NOPAT		 0.00 0.00 -1.87 -0.37 -0.41 -0.08 0.28 0.50 0.32 0.14 0.11
Long-Term Debt to NOPAT		 0.00 0.00 0.04 0.02 -0.02 -0.01 -0.03 -0.04 -0.06 -0.05 -0.03
Altman Z-Score		 0.00 0.00 2.13 1.98 2.01 1.22 1.33 1.21 1.17 1.04 0.98
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.00 1.11 1.15 0.93 1.07 0.93 0.82 0.73 0.65 0.54 0.44
Quick Ratio		 0.00 0.91 1.07 0.85 1.00 0.85 0.77 0.66 0.58 0.50 0.42
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -27 0.00 -37 -38 -6.84 7.11 11 19 16 11
Operating Cash Flow to CapEx		 24.04% 347.96% -45.19% -266.91% -783.35% 687.09% 2,596.98% -3,440.63% -252.82% -1,400.99% 43.91%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.00 1.31 1.07 1.08 1.06 1.13 1.26 1.25 1.20 1.23
Accounts Receivable Turnover		 0.00 0.00 7.79 6.68 5.68 7.11 7.99 9.06 7.81 8.56 9.79
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 17.92 14.27 15.03 16.86 17.10 17.60 17.67 17.82 16.87
Accounts Payable Turnover		 0.00 0.00 18.64 28.52 31.68 27.13 22.61 0.00 0.00 26.08 18.92
Days Sales Outstanding (DSO)		 0.00 0.00 46.85 54.63 64.22 51.31 45.69 40.28 46.76 42.64 37.30
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 19.58 12.80 11.52 13.45 16.14 0.00 0.00 13.99 19.29
Cash Conversion Cycle (CCC)		 0.00 0.00 27.27 41.83 52.70 37.86 29.55 40.28 46.76 28.64 18.01
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 0.00 27 32 32 36 31 22 16 14 11 6.30
Invested Capital Turnover		 0.00 0.00 5.30 10.58 9.82 6.37 7.17 8.20 7.85 9.12 13.33
Increase / (Decrease) in Invested Capital		 0.00 27 0.00 32 36 3.90 -9.93 -15 -22 -19 -15
Enterprise Value (EV)		 0.00 2.15 182 179 175 42 64 28 19 9.49 12
Market Capitalization		 8.00 8.00 190 182 173 42 68 34 24 11 13
Book Value per Share		 $0.00 $0.83 $0.94 $0.83 $0.80 $0.72 $0.60 $0.53 $0.41 $0.30 $0.18
Tangible Book Value per Share		 $0.00 $0.83 $0.94 $0.83 $0.80 $0.72 $0.60 $0.53 $0.41 $0.30 $0.18
Total Capital		 0.00 33 39 35 41 37 31 23 19 14 8.52
Total Debt		 0.00 0.19 0.17 0.13 7.80 6.41 5.69 0.42 0.80 0.70 0.50
Total Long-Term Debt		 0.00 0.19 0.17 0.13 0.14 0.08 0.40 0.42 0.80 0.70 0.50
Net Debt		 0.00 -5.85 -7.72 -2.79 2.68 0.78 -3.50 -6.04 -4.24 -1.97 -1.71
Capital Expenditures (CapEx)		 1.80 0.13 2.13 1.35 0.72 0.52 0.27 0.06 0.58 0.15 0.86
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -2.07 -2.87 -5.18 5.24 -2.35 -12 -18 -21 -24 -28
Debt-free Net Working Capital (DFNWC)		 0.00 3.97 5.02 -2.26 10 3.28 -2.83 -11 -16 -21 -26
Net Working Capital (NWC)		 0.00 3.97 5.02 -2.26 2.70 -3.05 -8.12 -11 -16 -21 -26
Net Nonoperating Expense (NNE)		 -0.21 -0.45 -0.20 -0.45 0.14 0.82 2.47 1.82 0.99 1.43 1.55
Net Nonoperating Obligations (NNO)		 0.00 -6.20 -7.72 -2.79 2.93 0.78 -3.50 -6.04 -4.24 -1.97 -1.71
Total Depreciation and Amortization (D&A)		 0.49 0.53 0.56 0.63 0.68 0.70 0.96 0.79 0.91 0.90 0.94
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% -1.72% -3.08% 2.96% -1.27% -6.31% -8.88% -10.53% -12.19% -14.98%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 3.01% -1.34% 5.84% 1.78% -1.49% -5.61% -7.98% -10.81% -13.79%
Net Working Capital to Revenue		 0.00% 0.00% 3.01% -1.34% 1.52% -1.65% -4.27% -5.61% -7.98% -10.81% -13.79%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.02 $0.01 ($0.11) ($0.04) ($0.09) ($0.13) ($0.15) ($0.08) ($0.11) ($0.13)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 40M 40.21M 41.63M 41.64M 41.71M 41.81M 42.46M 45.44M 45.44M 44.69M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 ($0.11) $0.00 ($0.09) ($0.13) ($0.15) ($0.08) ($0.11) ($0.13)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 41.60M 40.22M 41.71M 41.64M 41.71M 41.81M 42.46M 45.44M 45.44M 44.69M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 41.60M 40.22M 0.00 0.00 0.00 45.44M 0.00 0.00 0.00 45.44M
Normalized Net Operating Profit after Tax (NOPAT)		 3.33 0.03 -0.01 -5.09 -1.49 -2.94 -2.82 -4.69 -2.87 -3.63 -3.89
Normalized NOPAT Margin		 7.93% 0.07% -0.03% -11.99% -2.92% -6.40% -5.54% -9.48% -5.57% -8.72% -9.01%
Pre Tax Income Margin		 12.36% 2.49% 0.86% -14.31% -3.39% -8.19% -10.49% -13.16% -7.45% -12.16% -12.65%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Armlogi Holding Corp. (NASDAQ:BTOC) showed a modest sequential improvement in its latest reported quarter. Q4 2026 revenue was $43.1 million, down from $51.5 million in Q2 2026 but above the $41.7 million reported in Q3. More importantly, the company returned to a positive gross profit of $5.5 million, compared with gross losses in each of the prior three 2026 quarters. This represents a gross margin of approximately 12.9%, although it remains below the stronger margins recorded in early 2024.

Despite the gross-profit improvement, profitability remains weak. Q4 2026 selling, general and administrative expense increased to $11.1 million, more than triple the prior quarter’s $3.3 million. Armlogi consequently posted an operating loss of $5.6 million and a net loss attributable to common shareholders of $5.4 million, or $0.13 per diluted share. The company has reported net losses in every provided quarter since Q1 2025, following profitable quarters in much of 2024.

Cash flow improved in the latest quarter, but the balance sheet remains pressured. Operating cash flow was positive at $379,000 in Q4 2026 after outflows of $1.5 million, $2.1 million and $1.9 million in the previous three quarters. However, cash declined from $6.5 million at September 30, 2025, to $2.7 million at March 31, 2026. At the latest balance-sheet date, current assets of $24.8 million were substantially below current liabilities of $45.8 million, while total liabilities of $130.3 million represented roughly 91% of total assets.

  • Gross profitability improved sharply: Q4 2026 gross profit was $5.5 million, reversing gross losses of $2.5 million, $0.8 million and $1.9 million in Q1 through Q3 2026.
  • Operating cash flow turned positive: The company generated $379,000 of operating cash in Q4 2026, an improvement from consecutive quarterly operating cash outflows.
  • Revenue remains sizable: Quarterly revenue has generally ranged from approximately $38 million to $52 million across the provided periods, indicating a substantial operating base despite recent volatility.
  • Capital investment continues: Armlogi spent $1.1 million on property, plant and equipment in Q4 2026, which could support operations but also consumed cash while the company remains unprofitable.
  • Working-capital movements are volatile: Changes in operating assets and liabilities provided $3.8 million of cash in Q4 2026, but this source of cash may not be repeatable and can fluctuate significantly from quarter to quarter.
  • Financial data includes restated periods: Several historical income statements are identified as restated, so investors should confirm reported trends against the company’s latest filings.
  • Losses remain persistent: Armlogi recorded a $5.4 million net loss in Q4 2026 and has remained unprofitable throughout the provided 2025 and 2026 quarters.
  • Operating expenses surged: Q4 2026 SG&A expense rose to $11.1 million from $3.3 million in Q3, more than offsetting the improvement in gross profit.
  • Liquidity is stretched: Cash stood at only $2.7 million at March 31, 2026, compared with $45.8 million of current liabilities and no short-term debt reported in that balance sheet.
  • Leverage and accumulated losses are significant: Total liabilities were $130.3 million versus $13.5 million of equity, while retained earnings had declined to a deficit of $7.0 million by March 31, 2026.
10/06/26 05:36 AM ETAI Generated. May Contain Errors.

Armlogi Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Armlogi's fiscal year ends in June. Their fiscal year 2026 ended on June 30, 2026.

Armlogi's net income appears to be on a downward trend, with a most recent value of -$20.87 million in 2026, compared with $8.56 million in 2023. The previous period was -$15.35 million in 2025. Check out Armlogi's forecast to explore projected trends and price targets.

Armlogi's total operating income in 2026 was -$21.54 million, based on the following breakdown:
  • Total Gross Profit: $424.84 thousand
  • Total Operating Expenses: $21.97 million

Over the last 3 years, Armlogi's total revenue changed from $135.04 million in 2023 to $185.84 million in 2026, a change of 37.6%.

In the past 8 quarters, Armlogi's cash and equivalents has ranged from $2.67 million in Q3 2026 to $6.46 million in Q1 2026, and is currently $2.67 million as of their latest financial filing in Q3 2026.

Armlogi had total debt of $502.44 thousand at the end of 2026, a 91.2% decrease from 2025, and a 72.8% increase since 2023.

Over the last 3 years, Armlogi's book value per share changed from 0.63 in 2023 to 0.18 in 2026, a change of -71.7%.


Related Companies

Financial statements for NASDAQ:BTOC last updated on 9/28/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
A weekly dividend fund holding Nvidia and Palantir
CrowdStrike, Palantir, Nvidia none of them pay a real dividend. But one fund holding the biggest AI names dist...
Investors Alley | Sponsoredtc pixel
The investigation Porter spent tens of thousands to document
Porter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experi...
Porter & Company | Sponsoredtc pixel
Trump goes "all-in" on Grand Canyon energy breakthrough
A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of...
Behind the Markets | Sponsoredtc pixel
Ticker Revealed: Pre-IPO Access to "Next Elon Musk" Company
We’ve found The Next Elon Musk… and what we believe to be the next Tesla. It’s already racked up $26 billi...
Banyan Hill Publishing | Sponsoredtc pixel
Analyst nicknamed “The Prophet” issues new warning for America
Whitney Tilson exposed a major company on 60 Minutes in an Emmy-winning investigation - the stock lost nearly ...
Stansberry Research | Sponsoredtc pixel
Man who Predicted Trump 2016 Win: “Prepare for Mid-Term Meltdown”
In 2016, major election models gave Hillary Clinton a 99% chance of winning - but former CIA and Pentagon advi...
Paradigm Press | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
The AI Stock to Keep an Eye on Before Election Day (See Why)
In 2019, Charles Mizrahi named Marvell Technology his top AI pick. It's since climbed 1300 percent. Now he'...
Prosperity Research | Sponsoredtc pixel