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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $715.3K | $1.39M | $1.36M | $1.46M | $1.37M | $1.10M |
| Cost of Revenue | $270.9K | $659.8K | $574.9K | $505.4K | $359.0K | $272.7K |
| Gross Profit | $444.4K | $734.6K | $785.1K | $953.4K | $1.01M | $826.1K |
| R&D | - | - | - | - | - | - |
| SG&A | $945.6K | $1.40M | $819.8K | $1.22M | $961.6K | $820.0K |
| Total Operating Expenses | $953.2K | $1.42M | $874.4K | $1.28M | $1.02M | $865.0K |
| D&A | $7.7K | $17.6K | $46.2K | $45.1K | $44.1K | $45.0K |
| Operating Income | ($508.9K) | ($681.9K) | ($89.2K) | ($323.1K) | ($4.0K) | ($38.9K) |
| Interest Expense | $34.6K | $33.4K | $32.9K | $15.6K | $7.1K | $3.6K |
| Income Tax | $0 | $34.4K | $17.9K | $41.3K | $17.0K | $3.9K |
| Net Income | ($540.1K) | ($736.2K) | ($135.5K) | ($368.9K) | ($20.7K) | ($39.9K) |
| EPS - Basic | ($0.03) | ($0.04) | ($0.01) | - | $0.00 | - |
| EPS - Diluted | ($0.03) | ($0.04) | ($0.02) | - | $0.00 | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $55.4K | $642.8K | $663.0K | $1.16M | $307.9K | $691.2K |
| Accounts Receivable | $39.7K | $73.4K | $68.4K | $92.6K | $106.3K | $102.7K |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | $1.28M | $356.5K | $774.1K |
| Current Assets | $147.7K | $719.1K | $733.0K | $1.25M | $419.3K | $798.8K |
| Total Assets | $234.1K | $770.3K | $833.3K | $1.45M | $627.5K | $1.02M |
| Current Liabilities | $534.2K | $949.0K | $1.12M | $1.52M | $411.1K | $785.7K |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $703.0K | $1.03M | $1.22M | $1.71M | $560.4K | $825.6K |
| Stockholders' Equity | ($468.9K) | ($254.8K) | ($382.0K) | ($255.5K) | $67.1K | $197.4K |
| Retained Earnings | ($2.16M) | ($1.62M) | ($887.0K) | ($751.5K) | ($382.7K) | ($182.4K) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($764.7K) | ($145.6K) | ($361.1K) | $788.8K | ($394.8K) | $305.2K |
| Investing Cash Flow | $0 | ($23.3K) | ($7.2K) | ($4.1K) | ($8.1K) | ($5.0K) |
| Financing Cash Flow | $150.0K | $185.5K | $29.6K | $83.5K | $1.6K | ($4.8K) |
| CapEx | $0 | $24.1K | $8.0K | $4.1K | $8.1K | $5.0K |
| Free Cash Flow | ($764.7K) | ($169.7K) | ($369.1K) | $784.7K | ($402.9K) | $300.2K |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 62.1% | 52.7% | 57.7% | 65.4% | 73.8% | 75.2% |
| Operating margin | -71.1% | -48.9% | -6.6% | -22.1% | -0.3% | -3.5% |
| EBITDA margin | -70.1% | -47.6% | -3.2% | -19.1% | 2.9% | 0.6% |
| Net margin | -75.5% | -52.8% | -10.0% | -25.3% | -1.5% | -3.6% |
| Free cash flow margin | -106.9% | -12.2% | -27.1% | 53.8% | -29.4% | 27.3% |
| FCF / Net income | 1.42 | 0.23 | 2.72 | -2.13 | 19.46 | -7.53 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 132.2% | 100.3% | 60.3% | 83.7% | 70.1% | 74.6% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -230.6% | -95.6% | -16.3% | -25.4% | -3.3% | -3.9% |
| Return on equity | 115.2% | 288.9% | 35.5% | 144.4% | -30.9% | -20.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.28 | 0.76 | 0.65 | 0.82 | 1.02 | 1.02 |
| Quick ratio | 0.28 | 0.76 | 0.65 | 0.82 | 1.02 | 1.02 |
| Cash ratio | 0.10 | 0.68 | 0.59 | 0.76 | 0.75 | 0.88 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -14.7x | -20.4x | -2.7x | -20.7x | -0.6x | -10.9x |
| Equity multiplier | -0.50 | -3.02 | -2.18 | -5.68 | 9.35 | 5.18 |
| Liabilities / Assets | 3.00 | 1.33 | 1.46 | 1.18 | 0.89 | 0.81 |
| Efficiency | ||||||
| Asset turnover | 3.05 | 1.81 | 1.63 | 1.00 | 2.19 | 1.07 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 20d | 19d | 18d | 23d | 28d | 34d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | 927d | 362d | 1036d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | 15.8x | 8.5x | 12.6x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -48.7% | 2.5% | -6.8% | - | 24.8% | 41.2% |
| Revenue CAGR (3y) | -21.1% | - | -0.3% | 9.9% | 59.1% | - |
| Revenue CAGR (5y) | -12.2% | 4.9% | 11.8% | 33.8% | - | - |
| Gross profit growth (YoY) | -39.5% | -6.4% | -17.7% | - | 22.6% | 30.2% |
| Operating income growth (YoY) | 25.4% | -664.1% | 72.4% | - | 89.8% | 57.4% |
| Net income growth (YoY) | 26.6% | -443.4% | 63.3% | - | 48.1% | 57.6% |
| EPS growth (YoY) | 25.0% | -100.0% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -350.6% | 54.0% | - | - | - | 100.9% |
| FCF CAGR (5y) | - | - | - | 93.8% | - | - |
| Book value growth (YoY) | -84.0% | 33.3% | -49.5% | - | -66.0% | 336.7% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-12.99
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing UPAY against the 5 most active filers in the same SIC group.