NASDAQ : IOTR
iOThree Limited — Financial statements
Communication Services · Telecom Services · Singapore
Last price 2.21 USD (Oct 30, 2026, 3:14 PM EDT) · Market cap 10.75M
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Financial statements
iOThree Limited (IOTR) reported revenue of 14.71M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 14.71M | 14.71M | 10.48M | 8.57M | 7.49M | 3.88M |
| Cost of Revenue | 11.56M | 11.56M | 8.61M | 6.72M | 5.23M | 2.86M |
| Gross Profit | 3.15M | 3.15M | 1.86M | 1.85M | 2.26M | 1.03M |
| Selling, General & Admin | 4.23M | 4.23M | 2.05M | 1.86M | 1.20M | 831.17K |
| Other Operating Expenses | -23.61K | -23.61K | 12.82K | 18.59K | 57.08K | -3.82K |
| Operating Expenses | 4.21M | 4.21M | 2.07M | 1.88M | 1.26M | 827.34K |
| Operating Income | -1.06M | -1.06M | -202.65K | -33.15K | 996.40K | 199.72K |
| Interest Expense | -64.75K | -64.75K | -34.70K | -35.83K | -23.95K | -12.59K |
| Interest & Investment Income | 15.68K | 15.68K | 23.67K | 20.74K | 14.11K | 8.49K |
| EBT Excluding Unusual Items | -1.11M | -1.11M | -213.69K | -48.24K | 986.56K | 195.62K |
| Asset Writedown | -75.31K | -75.31K | ||||
| Other Unusual Items | 52.97K | 72.16K | ||||
| Pretax Income | -1.18M | -1.18M | -213.69K | -48.24K | 1.04M | 267.78K |
| Income Tax Expense | -21.43K | -21.43K | 16.83K | -43.79K | 115.37K | 28.33K |
| Net Income | -1.16M | -1.16M | -230.51K | -4.45K | 924.16K | 239.46K |
| Net Income to Common | -1.16M | -1.16M | -230.51K | -4.45K | 924.16K | 239.46K |
| Shares Outstanding (Basic) | 2.64M | 2.64M | 2.40M | 2.40M | 2.40M | 2.40M |
| Shares Outstanding (Diluted) | 2.64M | 2.64M | 2.40M | 2.40M | 2.40M | 2.40M |
| EPS (Basic) | -0.44 | -0.44 | -0.10 | -0.00 | 0.39 | 0.10 |
| EPS (Diluted) | -0.44 | -0.44 | -0.10 | -0.00 | 0.39 | 0.10 |
| Free Cash Flow | -2.82M | -2.82M | -60.64K | 1.16M | 718.77K | 101.88K |
| Free Cash Flow Per Share | -1.07 | -1.07 | -0.03 | 0.48 | 0.30 | 0.04 |
| Gross Margin | 21.42% | 21.42% | 17.79% | 21.54% | 30.13% | 26.44% |
| Operating Margin | -7.20% | -7.20% | -1.93% | -0.39% | 13.31% | 5.14% |
| Profit Margin | -7.90% | -7.90% | -2.20% | -0.05% | 12.34% | 6.17% |
| Free Cash Flow Margin | -19.14% | -19.14% | -0.58% | 13.57% | 9.60% | 2.62% |
| EBITDA | -640.55K | -640.55K | 116.37K | 137.00K | 1.12M | 221.95K |
| EBITDA Margin | -4.35% | -4.35% | 1.11% | 1.60% | 15.01% | 5.71% |
| D&A For EBITDA | 417.74K | 417.74K | 319.03K | 170.15K | 127.64K | 22.23K |
| EBIT | -1.06M | -1.06M | -202.65K | -33.15K | 996.40K | 199.72K |
| EBIT Margin | -7.20% | -7.20% | -1.93% | -0.39% | 13.31% | 5.14% |
| Effective Tax Rate | 11.10% | 10.58% | ||||
| Advertising Expenses | 56.56K | 56.56K | 65.84K | 67.99K | 15.49K | 13.72K |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.12M | 2.12M | 443.12K | 995.09K | 401.55K | 211.75K |
| Short-Term Investments | 1.01M | 1.01M | 446.19K | 505.67K | 1.07M | 844.48K |
| Cash & Short-Term Investments | 3.13M | 3.13M | 889.31K | 1.50M | 1.48M | 1.06M |
| Accounts Receivable | 1.25M | 1.25M | 1.53M | 1.19M | 1.21M | 830.28K |
| Other Receivables | 5.01K | |||||
| Receivables | 1.25M | 1.25M | 1.53M | 1.19M | 1.22M | 830.28K |
| Inventory | 1.23M | 1.23M | 690.52K | 912.43K | 1.18M | 453.87K |
| Other Current Assets | 1.02M | 836.29K | ||||
| Total Current Assets | 5.61M | 5.61M | 4.13M | 4.43M | 3.87M | 2.34M |
| Property, Plant & Equipment | 1.75M | 1.75M | 874.26K | 643.91K | 473.81K | 113.79K |
| Other Intangible Assets | 359.85K | 359.85K | 367.94K | 409.77K | 446.77K | 393.02K |
| Long-Term Accounts Receivable | 188.99K | 188.99K | 294.50K | 364.65K | 246.62K | 112.59K |
| Other Long-Term Assets | 568.71K | 568.71K | ||||
| Total Assets | 8.48M | 8.48M | 5.67M | 5.85M | 5.04M | 2.96M |
| Accounts Payable | 779.52K | 779.52K | 977.46K | 1.05M | 842.47K | 265.96K |
| Current Portion of Long-Term Debt | 108.06K | 108.06K | 46.98K | 44.49K | 45.13K | 40.75K |
| Current Portion of Leases | 567.34K | 567.34K | 424.07K | 429.45K | 402.87K | 185.31K |
| Current Income Taxes Payable | 92.41K | 19.26K | ||||
| Current Unearned Revenue | 1.30M | 1.30M | 1.38M | 1.57M | 371.61K | 202.50K |
| Other Current Liabilities | 358.36K | 358.36K | 841.98K | 409.92K | 500.65K | 471.73K |
| Total Current Liabilities | 3.11M | 3.11M | 3.67M | 3.51M | 2.26M | 1.19M |
| Long-Term Debt | 268.64K | 268.64K | 36.57K | 81.80K | 124.27K | 169.15K |
| Long-Term Leases | 634.56K | 634.56K | 216.43K | 289.57K | 386.45K | 177.70K |
| Total Liabilities | 4.02M | 4.02M | 3.92M | 3.88M | 2.77M | 1.53M |
| Common Stock | 258.01K | 258.01K | 150.00K | 150.00K | 150.00K | 150.00K |
| Additional Paid-In Capital | 4.43M | 4.43M | 652.64K | 652.64K | 652.64K | 652.64K |
| Retained Earnings | -218.40K | -218.40K | 942.84K | 1.17M | 1.47M | 624.78K |
| Comprehensive Income & Other | -748.00 | -748.00 | ||||
| Shareholders' Equity | 4.47M | 4.47M | 1.75M | 1.98M | 2.27M | 1.43M |
| Total Liabilities & Equity | 8.48M | 8.48M | 5.67M | 5.85M | 5.04M | 2.96M |
| Total Debt | 1.58M | 1.58M | 724.05K | 845.31K | 958.73K | 572.91K |
| Net Cash (Debt) | 1.55M | 1.55M | 165.26K | 655.46K | 517.64K | 483.32K |
| Net Cash Per Share | 0.59 | 0.59 | 0.07 | 0.27 | 0.22 | 0.20 |
| Filing Date Shares Outstanding | 4.86M | 4.86M | 2.40M | 2.40M | 2.40M | 2.40M |
| Total Common Shares Outstanding | 4.13M | 4.13M | 2.40M | 2.40M | 2.40M | 2.40M |
| Working Capital | 2.50M | 2.50M | 461.78K | 929.02K | 1.62M | 1.15M |
| Book Value Per Share | 1.08 | 1.08 | 0.73 | 0.82 | 0.95 | 0.59 |
| Tangible Book Value | 4.11M | 4.11M | 1.38M | 1.57M | 1.83M | 1.03M |
| Tangible Book Value Per Share | 0.99 | 0.99 | 0.57 | 0.65 | 0.76 | 0.43 |
| Machinery | 1.57M | 1.57M | 1.40M | 847.32K | 378.96K | 111.75K |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -1.16M | -1.16M | -230.51K | -4.45K | 924.16K | 239.46K |
| Depreciation & Amortization | 722.85K | 722.85K | 475.46K | 310.38K | 186.93K | 87.43K |
| Other Amortization | 75.70K | 75.70K | 74.15K | 60.00K | 58.25K | |
| Asset Writedown & Restructuring Costs | 77.83K | 77.83K | ||||
| Provision & Write-off of Bad Debts | 1.44K | 7.03K | 6.05K | |||
| Other Operating Activities | 9.52K | 9.52K | -2.86K | 6.09K | 129.06K | 29.14K |
| Change in Accounts Receivable | 226.77K | 226.77K | -371.26K | 81.95K | -314.38K | -127.12K |
| Change in Inventory | -448.35K | -448.35K | 221.91K | 263.74K | -740.76K | -166.48K |
| Change in Accounts Payable | -197.46K | -197.46K | -77.17K | 213.35K | 767.96K | -97.59K |
| Change in Unearned Revenue | -78.58K | -78.58K | -189.74K | 1.20M | 169.11K | 140.46K |
| Change in Income Taxes | -42.22K | -26.69K | ||||
| Change in Other Net Operating Assets | -1.46M | -1.46M | 588.12K | -496.74K | -419.19K | 104.30K |
| Operating Cash Flow | -2.24M | -2.24M | 488.10K | 1.63M | 725.95K | 188.95K |
| Capital Expenditures | -578.06K | -578.06K | -548.74K | -468.36K | -7.18K | -87.07K |
| Sale (Purchase) of Intangibles | -83.43K | -83.43K | -32.31K | -23.01K | -112.00K | -393.02K |
| Investing Cash Flow | -661.49K | -661.49K | -581.05K | -491.37K | -119.18K | -480.09K |
| Long-Term Debt Issued | 388.64K | 388.64K | 335.00K | 382.32K | 471.17K | |
| Long-Term Debt Repaid | -717.33K | -717.33K | -615.42K | -507.33K | -331.70K | -216.76K |
| Lease Payments | -619.27K | -619.27K | -570.28K | -464.21K | -290.88K | -206.86K |
| Net Debt Issued (Repaid) | -328.70K | -328.70K | -280.42K | -125.02K | -331.70K | 254.41K |
| Issuance of Common Stock | 4.98M | 4.98M | 700.00K | 29.78K | ||
| Common Dividends Paid | -277.89K | -78.64K | -44.47K | |||
| Other Financing Activities | -80.00K | -80.00K | -185.12K | -836.29K | ||
| Financing Cash Flow | 4.57M | 4.57M | -465.53K | -539.19K | -410.34K | 239.72K |
| Foreign Exchange Rate Adjustments | 2.07K | 2.07K | 6.51K | -7.32K | -6.63K | 868.00 |
| Net Cash Flow | 1.68M | 1.68M | -551.98K | 593.54K | 189.80K | -50.55K |
| Free Cash Flow | -2.82M | -2.82M | -60.64K | 1.16M | 718.77K | 101.88K |
| Free Cash Flow Margin | -19.14% | -19.14% | -0.58% | 13.57% | 9.60% | 2.62% |
| Free Cash Flow Per Share | -1.07 | -1.07 | -0.03 | 0.48 | 0.30 | 0.04 |
| Levered Free Cash Flow | -559.72K | -559.72K | -321.12K | 521.82K | 470.38K | |
| Unlevered Free Cash Flow | -519.25K | -519.25K | -299.43K | 544.21K | 485.35K | |
| Free Cash Flow After Leases | -3.44M | -3.44M | -630.92K | 698.85K | 427.90K | -104.98K |
| Cash Interest Paid | 64.75K | 64.75K | 34.70K | 35.83K | 29.33K | 18.60K |
| Cash Income Tax Paid | -21.43K | -21.43K | 17.22K | 48.62K | 55.26K | 26.69K |
| Change in Working Capital | -1.96M | -1.96M | 171.87K | 1.26M | -579.47K | -173.12K |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 10.07M | 5.51M | ||||
| Enterprise Value | 8.51M | 5.27M | ||||
| Last Close Price | 2.21 | 2.15 | ||||
| PS Ratio | 0.71 | 0.38 | ||||
| PB Ratio | 2.04 | 1.24 | ||||
| P/TBV Ratio | 2.54 | 1.34 | ||||
| EV/Sales Ratio | 0.60 | 0.36 | ||||
| Debt / Equity Ratio | 0.35 | 0.35 | 0.41 | 0.43 | 0.42 | 0.40 |
| Debt / EBITDA Ratio | 2.62 | 2.97 | 0.81 | 1.98 | ||
| Debt / FCF Ratio | 0.73 | 1.33 | 5.62 | |||
| Net Debt / Equity Ratio | -0.35 | -0.35 | -0.10 | -0.33 | -0.23 | -0.34 |
| Net Debt / EBITDA Ratio | 2.43 | 2.43 | -1.42 | -4.78 | -0.46 | -2.18 |
| Net Debt / FCF Ratio | 0.55 | 0.55 | 2.73 | -0.56 | -0.72 | -4.74 |
| Asset Turnover | 2.08 | 2.08 | 1.82 | 1.57 | 1.87 | |
| Inventory Turnover | 12.05 | 12.05 | 10.75 | 6.44 | 6.42 | |
| Quick Ratio | 1.41 | 1.41 | 0.66 | 0.77 | 1.20 | 1.59 |
| Current Ratio | 1.80 | 1.80 | 1.13 | 1.26 | 1.72 | 1.97 |
| Return on Equity (ROE) | -37.39% | -37.39% | -12.39% | -0.21% | 49.95% | |
| Return on Assets (ROA) | -9.35% | -9.35% | -2.20% | -0.38% | 15.57% | |
| Return on Invested Capital (ROIC) | -36.36% | -47.13% | -13.97% | -2.15% | 65.63% | 18.92% |
| Return on Capital Employed (ROCE) | -19.70% | -19.70% | -10.10% | -1.40% | 35.80% | 11.30% |
| Earnings Yield | -21.23% | -21.06% | ||||
| FCF Yield | -27.05% | -51.06% | ||||
| Payout Ratio | 8.51% | 18.57% | ||||
| Buyback Yield / Dilution | -10.08% | -10.08% |