Stocktoria
XChange TEC.INC XHG
Nasdaq · XNAS · stock · Insurance Agents, Brokers & Service · website · IPO 2019-11-05
XChange TEC.INC financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $51.3M | $41.1M | — | $91.7M | $160.8M |
| Gross profit | $1.1M | $1.9M | — | — | — |
| R&D expense | — | $3,000 | $46,000 | $393,000 | $1.2M |
| Operating income | -$101.2M | -$83.9M | -$3.5M | -$34.3M | -$62.0M |
| Interest expense | — | — | $215,000 | $42.0M | $103.2M |
| Income tax | $6,000 | $78,000 | — | $3,000 | $5,000 |
| Net income | -$105.1M | -$226.8M | -$71.3M | $115.3M | -$88.3M |
| EPS (diluted) | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 |
| Operating cash flow | -$1.6M | -$1.4M | -$5.5M | -$7.1M | -$161.4M |
| Free cash flow | — | — | — | — | -$161.4M |
| Cash & equivalents | $1.5M | $1.2M | $49,000 | $390,000 | $2.5M |
| Total assets | $9.7M | $111.6M | $11.7M | $13.4M | $58.6M |
| Total liabilities | $133.4M | $190.9M | $99.9M | $94.0M | $444.3M |
| Shareholders' equity | -$123.6M | -$556.6M | -$643.4M | -$80.5M | -$387.1M |
Source: SEC EDGAR filings · CIK 0001769256 · as of 2025-09-30. Facts from filings plus Stocktoria's own computed scores — not investment advice.