EBZT Everything Blockchain, Inc.

Overview and Growth

Fiscal 2024 results for Everything Blockchain, Inc. combined $267.00K of revenue with net loss of $7.85M and an operating cash outflow of $2.29M. The $267.00K revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 11.3% below fiscal 2023 revenue of $301.00K, marking a top-line contraction. Total assets stood at $22.20M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Asset turnover was 0.01x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Gross profit was $267.00K, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 100.0%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced a $5.34M operating loss before non-operating and tax effects. After all below-operating-line items, the company recorded a net loss of $7.85M for the fiscal year. The company reported negative EBITDA of $5.17M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The pretax result was a loss of $7.12M, establishing the deficit before tax effects. The company recognized $37.00K of income tax for the period, completing the transition from pretax income to net income. Relative to period-end equity, the net loss represented 42.2%. The loss-to-assets relationship was 35.4%, placing the bottom-line deficit against the company’s resource base. The net loss narrowed to $7.85M from $9.44M in fiscal 2023.

Liquidity and Capital Structure

The company held $22.20M of assets against $3.59M of liabilities and $18.61M of equity, revealing how the asset base was financed. Current assets were $456.00K against $2.46M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 0.19x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $60.00K, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 2.4% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $1.35M, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 0.07x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 6.1%, showing how much of the asset base was matched by borrowing. Equity equaled 83.8% of assets, showing the shareholder-capital layer within the company’s balance sheet. Liabilities represented 16.2% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 0.3% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 13.5% lower than fiscal 2023 assets of $25.67M, measuring the company’s own balance-sheet change. Book equity was 21.0% lower than fiscal 2023 equity of $23.55M, showing how shareholder capital changed year over year. The reported cash balance changed 90.9% from $657.00K in fiscal 2023, ending lower year over year.

Cash Flow and Earnings Quality

Operating activities used $2.29M of cash, resulting in an operating cash outflow for the year. The company spent $912.00K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Negative free cash flow was $3.21M, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to total assets, the post-investment cash deficit measured 14.4%. Cash absorbed by operations decreased from $2.79M in fiscal 2023 to $2.29M.

Based on the annual report for the fiscal year ending Jan 31, 2024. Analysis generated Sep 24, 2026.