INEO INNEOVA Holdings Ltd

Overview and Growth

Fiscal 2025 results for INNEOVA Holdings Ltd combined $58.42M of revenue with net loss of $397.00K and an operating cash inflow of $4.44M. At $58.42M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 6.9% from $62.74M in fiscal 2024; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of -$0.03, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 175.0% from $0.04 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Revenue equaled 1.41x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $11.22M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 19.2% of revenue, showing how much of the top line remained after direct costs. The reported operating result was an operating loss of $51.00K, reflecting costs that exceeded gross profit. An operating margin of -0.1% reflected costs exceeding revenue-level gross profit by 0.1% of sales. After all below-operating-line items, the company recorded a net loss of $397.00K for the fiscal year. Measured against revenue, the bottom-line deficit represented 0.7% after all recognized items. The company reported a pretax loss of $1.05M, before the effect of income taxes. Pretax margin was -1.8%, reflecting a pre-tax loss equal to 1.8% of revenue. The company recognized an income-tax benefit of $656.00K, increasing after-tax earnings relative to the pretax result. The loss-to-equity relationship was 8.0%, placing the bottom-line deficit against shareholder capital. The net loss equaled 1.0% of period-end assets, showing the deficit relative to the asset base.

Liquidity and Capital Structure

The company held $41.42M of assets against $36.45M of liabilities and $4.97M of equity, revealing how the asset base was financed. Current assets were $36.52M against $34.44M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 1.06x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $1.06M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 3.1% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $18.93M, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 3.81x, placing the company’s financial leverage in clear balance-sheet terms. Debt represented 45.7% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 88.0%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 2.6%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 9.5% lower than fiscal 2024 assets of $45.77M, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

Cash flow from operations was $4.44M, a reported cash inflow that can be compared directly with net income and capital spending. Capital spending was $10.00K, absorbing part of the cash generated from operations before free cash flow. Capital expenditures represented 0.2% of operating cash flow, leaving the remainder available as free cash flow. Free cash flow came to $4.43M, leaving a positive amount after capital expenditures. Free cash flow represented 7.6% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 10.7% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.