UPYY · Upay - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $184.6K | $188.9K | $170.4K | $150.4K | $168.1K | $257.2K | $364.4K | $364.0K | $332.6K | $335.2K |
| Cost of Revenue | $54.5K | $45.2K | $42.6K | $44.4K | $49.4K | $134.3K | $168.1K | $158.3K | $159.1K | $110.5K |
| Gross Profit | $130.0K | $143.7K | $127.8K | $106.0K | $118.7K | $122.9K | $196.2K | $205.7K | $173.4K | $224.7K |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $241.7K | $247.3K | $256.7K | $254.8K | $300.9K | $265.0K | $491.1K | $370.4K | $188.9K | $524.7K |
| Total Operating Expenses | $243.4K | $249.0K | $258.4K | $256.8K | $302.9K | $266.9K | $493.7K | $373.8K | $199.5K | $543.0K |
| D&A | $1.7K | $1.8K | $1.7K | $2.0K | $2.0K | $1.9K | $2.5K | $3.5K | $9.7K | $11.2K |
| Operating Income | ($113.4K) | ($105.3K) | ($130.6K) | ($150.8K) | ($184.2K) | ($144.0K) | ($297.4K) | ($168.1K) | ($26.1K) | ($318.3K) |
| Interest Expense | $13.3K | $13.6K | $11.6K | $8.7K | $8.0K | $8.5K | $8.3K | $8.4K | $8.3K | $4.1K |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | - |
| Net Income | ($1.03M) | ($117.3K) | ($142.0K) | ($159.2K) | ($191.3K) | ($150.7K) | ($302.1K) | ($174.6K) | ($32.2K) | ($326.0K) |
| EPS - Basic | ($0.06) | ($0.01) | ($0.01) | ($0.01) | ($0.01) | ($0.01) | ($0.02) | ($0.01) | $0.00 | - |
| EPS - Diluted | ($0.06) | ($0.01) | ($0.01) | ($0.01) | ($0.01) | ($0.01) | ($0.02) | ($0.01) | $0.00 | - |
Balance Sheet
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $67.4K | $35.5K | $43.6K | $31.9K | $121.8K | $231.2K | $846.0K | $658.0K | $482.1K | $1.16M |
| Accounts Receivable | $57.2K | $41.2K | $37.6K | $35.1K | $30.6K | $46.7K | $76.0K | $68.6K | $53.0K | $92.6K |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | $652.7K | $495.0K | $514.2K | $1.28M |
| Current Assets | $136.6K | $94.3K | $115.5K | $135.9K | $165.6K | $290.8K | $926.8K | $731.4K | $536.5K | $1.25M |
| Total Assets | $211.8K | $173.2K | $199.2K | $168.8K | $206.7K | $336.2K | $985.9K | $796.8K | $605.8K | $1.45M |
| Current Liabilities | $335.9K | $503.7K | $490.4K | $450.2K | $447.2K | $579.1K | $1.04M | $987.9K | $909.5K | $1.52M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $698.2K | $834.0K | $775.8K | $526.4K | $523.3K | $655.3K | $1.12M | $1.07M | $998.6K | $1.71M |
| Stockholders' Equity | ($486.4K) | ($660.8K) | ($576.6K) | ($357.6K) | ($316.7K) | ($319.1K) | ($130.6K) | ($276.0K) | ($392.8K) | ($255.5K) |
| Retained Earnings | ($3.45M) | ($2.42M) | ($2.31M) | ($2.12M) | ($1.97M) | ($1.77M) | ($1.40M) | ($1.09M) | ($919.2K) | ($751.5K) |
Cash Flow
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($130.7K) | - | - | ($425.7K) | - | - | ($134.0K) | $66.8K |
| Investing Cash Flow | - | - | - | - | - | - | - | - | ($23.2K) | ($690) |
| Financing Cash Flow | - | - | $0 | - | - | - | - | - | $13.0K | $43.5K |
| CapEx | - | - | - | - | - | - | - | - | $23.2K | $690 |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($157.2K) | $66.1K |
Ratios
| Metric | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 70.5% | 76.1% | 75.0% | 70.5% | 70.6% | 47.8% | 53.9% | 56.5% | 52.2% | 67.0% |
| Operating margin | -61.4% | -55.7% | -76.6% | -100.3% | -109.6% | -56.0% | -81.6% | -46.2% | -7.8% | -95.0% |
| EBITDA margin | -60.5% | -54.8% | -75.6% | -99.0% | -108.4% | -55.2% | -80.9% | -45.2% | -4.9% | -91.6% |
| Net margin | -559.2% | -62.1% | -83.3% | -105.9% | -113.8% | -58.6% | -82.9% | -48.0% | -9.7% | -97.2% |
| Free cash flow margin | - | - | - | - | - | - | - | - | -47.3% | 19.7% |
| FCF / Net income | - | - | - | - | - | - | - | - | 4.88 | -0.20 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 130.9% | 130.9% | 150.6% | 169.5% | 179.1% | 103.0% | 134.8% | 101.7% | 56.8% | 156.5% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -487.2% | -67.7% | -71.3% | -94.3% | -92.6% | -44.8% | -30.6% | -21.9% | -5.3% | -22.4% |
| Return on equity | 212.2% | 17.7% | 24.6% | 44.5% | 60.4% | 47.2% | 231.2% | 63.3% | 8.2% | 127.6% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.41 | 0.19 | 0.24 | 0.30 | 0.37 | 0.50 | 0.89 | 0.74 | 0.59 | 0.82 |
| Quick ratio | 0.41 | 0.19 | 0.24 | 0.30 | 0.37 | 0.50 | 0.89 | 0.74 | 0.59 | 0.82 |
| Cash ratio | 0.20 | 0.07 | 0.09 | 0.07 | 0.27 | 0.40 | 0.82 | 0.67 | 0.53 | 0.76 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -8.5x | -7.7x | -11.2x | -17.4x | -22.9x | -16.9x | -35.7x | -20.1x | -3.1x | -77.6x |
| Equity multiplier | -0.44 | -0.26 | -0.35 | -0.47 | -0.65 | -1.05 | -7.55 | -2.89 | -1.54 | -5.68 |
| Liabilities / Assets | 3.30 | 4.82 | 3.89 | 3.12 | 2.53 | 1.95 | 1.13 | 1.35 | 1.65 | 1.18 |
| Efficiency | ||||||||||
| Asset turnover | 0.87 | 1.09 | 0.86 | 0.89 | 0.81 | 0.77 | 0.37 | 0.46 | 0.55 | 0.23 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 113d | 80d | 81d | 85d | 66d | 66d | 76d | 69d | 58d | 101d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | 1417d | 1141d | 1179d | 4242d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 185.5x | 124.8x | 69.0x | 111.3x | 65.6x | 42.0x | 47.1x | 47.1x | 51.7x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 22.8% | 12.4% | -33.8% | -58.7% | -53.8% | -22.6% | -6.1% | 1.6% | -0.8% | - |
| Revenue CAGR (3y) | -21.9% | -19.2% | -20.2% | -19.6% | -4.9% | - | 2.3% | 4.1% | 10.2% | 12.0% |
| Revenue CAGR (5y) | -11.5% | -10.2% | -7.3% | -11.8% | -7.5% | 1.5% | - | - | - | 13.8% |
| Gross profit growth (YoY) | 22.7% | 21.1% | 4.0% | -46.0% | -42.3% | -29.1% | -23.1% | -10.9% | -22.8% | - |
| Operating income growth (YoY) | 24.8% | 42.9% | 9.3% | 49.3% | -9.6% | -452.5% | - | -25220.3% | 91.8% | - |
| Net income growth (YoY) | -548.4% | 38.7% | 5.8% | 47.3% | -9.6% | -367.7% | - | -1669.9% | 90.1% | - |
| EPS growth (YoY) | -500.0% | 0.0% | 0.0% | 50.0% | 0.0% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -36.0% | -108.7% | -80.7% | -173.7% | -14.7% | 18.8% | - | - | -53.8% | - |
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing UPAY against the 5 most active filers in the same SIC group.