Fundamentals Hub
▼ FY 2025 Summary Analysis
Annual report ending Dec 31, 2025Overview and Growth
Fiscal 2025 results for Viskase Holdings, Inc. included net loss of $3.41M. Diluted earnings per share were -$0.07, translating the period’s attributable earnings into the amount reported for each diluted share. A diluted share base of 74.22M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Diluted shares moved 0.0% from 74.22M in fiscal 2024, leaving the current share base higher year over year. At period end, total assets were $42.81M, framing the scale of the company’s operating and financing commitments.Profitability
The reported operating result was an operating loss of $5.31M, reflecting costs that exceeded gross profit. The bottom-line result was a net loss of $3.41M after operating, financing, tax, and other recognized items. Before income taxes, the company recorded a loss of $3.39M, bridging the operating result to the final net loss. Income tax expense totaled $19.00K, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-assets relationship was 8.0%, placing the bottom-line deficit against the company’s resource base. The bottom line deteriorated from $778.00K of income in fiscal 2024 to a $3.41M loss.Liquidity and Capital Structure
At period end, the $42.81M asset base was financed through $45.34M of liabilities and -$2.52M of equity. Equity was negative at -$2.52M, meaning liabilities exceeded the residual book value available to shareholders and weakening balance-sheet resilience. Current assets were $42.81M against $214.52M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 0.2x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. Reported cash and equivalents were $42.57M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 19.8%, excluding receivables and other current assets. Equity equaled -5.9% of assets, showing the shareholder-capital layer within the company’s balance sheet. The liabilities-to-assets relationship was 105.9%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 99.4%, comparing reported cash and equivalents with the full positive asset balance. Compared with $47.17M in fiscal 2024, the current asset base moved 9.2% and finished lower. Against $3.01M of equity in fiscal 2024, the current book-equity balance moved 183.9% and ended lower. Cash and equivalents were 9.1% lower than fiscal 2024 cash of $46.86M, showing the year-over-year change in liquid resources.Cash Flow and Earnings Quality
Cash flow from operations was an outflow of $3.01M, showing that operations absorbed cash during the period. A current operating cash outflow of $3.01M replaced the $1.12M inflow reported in fiscal 2024.
Based on the annual report for the fiscal year ending Dec 31, 2025.
Analysis generated .