ITOC revenueFY2025$523.0K
- FY YoY
- +16.7%
ITOC revenue was $523.0K for fiscal 2025 (ended Dec 31, 2025), up 16.7% from fiscal 2024. It rose in 1 of the last 3 fiscal years.
iTonic Holdings Ltd (ITOC) financials
For fiscal 2025 (ended Dec 31, 2025), iTonic Holdings Ltd reported $523.0K of revenue and -$5.10M of net income.
- Revenue, FY2025
- $523.0K
- Revenue growth, YoY
- +16.7%
- Net income, FY2025
- -$5.10M
- Net margin
- -974.7%
- Free cash flow, FY2025
- -$3.24M
- EPS, diluted, FY2025
- -$0.32
- Cash
- $1.49M
- P/S
- 25.88
- Market cap
- $13.5M
FY2022FY2025
FY2022FY2025
FY2024FY2025
ITOC revenue and earnings growth
ITOC net incomeFY2025-$5.10M
ITOC net income was -$5.10M for fiscal 2025 (ended Dec 31, 2025), compared with -$660.6K in fiscal 2024.
ITOC EPSFY2025-$0.32
ITOC diluted EPS was -$0.32 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.05 in fiscal 2024.
ITOC free cash flowFY2025-$3.24M
ITOC free cash flow was -$3.24M for fiscal 2025 (ended Dec 31, 2025), compared with -$775.9K in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $523.0K | $448.2K | $628.6K | $679.8K |
| Cost of revenue | $195.7K | $67.0K | $157.8K | $121.6K |
| Gross profit | $327.4K | $381.2K | $470.8K | $558.1K |
| Research and development | $459.1K | $93.3K | $84.5K | $73.7K |
| Selling, general and admin | $4.87M | $750.6K | $424.9K | $162.1K |
| Operating income | -$5.19M | -$770.3K | -$306.7K | $27.5K |
| Pre-tax income | -$5.10M | -$638.8K | -$260.5K | $71.0K |
| Income tax | - | $21.8K | -$19.3K | -$13.0K |
| Net income | -$5.10M | -$660.6K | -$241.2K | $84.0K |
| EPS, basic | -$0.32 | -$0.05 | -$0.02 | $0.01 |
| EPS, diluted | -$0.32 | -$0.05 | -$0.02 | $0.01 |
| Diluted shares | 16.0M | 12.7M | 12.0M | 12.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $1.49M | $6.16M | $217.9K | $72.3K |
| Short-term investments | $1.44M | - | - | - |
| Receivables | $288.5K | $281.6K | $206.3K | - |
| Inventory | $52.5K | $117.4K | $52.3K | - |
| Current assets | $4.09M | $6.68M | $532.5K | - |
| Goodwill | $1.96M | - | - | - |
| Total assets | $9.10M | $6.72M | $1.62M | - |
| Current liabilities | $462.8K | $538.6K | $1.21M | - |
| Total liabilities | $969.8K | $538.6K | $1.31M | - |
| Shareholders' equity | $6.12M | $6.18M | $306.3K | $556.3K |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | -$3.23M | -$775.0K | -$63.6K | -$116.2K |
| Capital expenditures | $3.8K | $861 | - | - |
| Free cash flow | -$3.24M | -$775.9K | - | - |
| Investing cash flow | -$1.35M | -$861 | - | - |
| Financing cash flow | -$91.6K | $6.71M | $220.6K | $78.1K |
| Dividends paid | $8.9K | - | - | $398.4K |
| Stock-based compensation | $2.95M | - | - | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | 16.7% | -28.7% | -7.5% | - |
| Gross margin | 62.6% | 85.0% | 74.9% | 82.1% |
| Operating margin | -991.7% | -171.9% | -48.8% | 4.0% |
| Net margin | -974.7% | -147.4% | -38.4% | 12.4% |
| Free cash flow margin | -618.6% | -173.1% | - | - |
| Return on equity | -83.3% | -10.7% | -78.8% | 15.1% |
| Return on assets | -56.0% | -9.8% | -14.9% | - |
| Current ratio | 8.83 | 12.40 | 0.44 | - |
Source: XBRL data iTonic Holdings Ltd files with the SEC, latest filing dated Apr 2, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
ITOC peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| ITOC | $523.0K | +16.7% | -$5.10M | -974.7% | $13.5M |
| MDT | $37.54B | +9.8% | $5.24B | 14.0% | $131.48B |
| LIVN | $1.51B | +11.7% | $196.06M | 13.0% | $5.10B |
| ITGR | $1.83B | -0.3% | $103.70M | 5.7% | $4.30B |
| TMDX | $727.65M | +28.5% | $144.45M | 19.9% | $3.26B |
| AXGN | $266.93M | +24.3% | -$31.92M | -12.0% | $3.02B |
| CNMD | $1.37B | +1.6% | $73.43M | 5.4% | $1.55B |
| CBLL | $108.72M | +31.3% | -$73.88M | -68.0% | $1.07B |
| INMD | $370.50M | -6.2% | $93.83M | 25.3% | $776.6M |
ITOC FAQ
9 questionsWhat is ITOC revenue?
iTonic Holdings Ltd (ITOC) reported $523.0K of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 16.7% from the year before.Is ITOC profitable?
No. iTonic Holdings Ltd reported a net loss of $5.10M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does ITOC have?
iTonic Holdings Ltd reported $1.49M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is ITOC revenue growing?
iTonic Holdings Ltd's revenue changed +16.7% in fiscal 2025, to $523.0K.What is ITOC gross margin?
iTonic Holdings Ltd's gross profit was $327.4K on $523.0K of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 62.6%.What is ITOC free cash flow?
iTonic Holdings Ltd generated -$3.24M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$3.23M less capital expenditures.What is ITOC earnings per share?
Diluted earnings per share were -$0.32 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did ITOC last report financial results?
The latest statements here come from iTonic Holdings Ltd's 20-F/A filed on Apr 2, 2026, covering the period ended Dec 31, 2025.Where does this ITOC financial data come from?
Quantisnow builds these statements from the structured XBRL data iTonic Holdings Ltd files with the SEC. It is provided for information only and is not investment advice.