CITR CitroTech Inc.

Overview and Growth

CitroTech Inc. generated $2.38M of revenue in fiscal 2025, with net loss of $36.84M and an operating cash outflow of $5.87M. The $2.38M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $808.37K in fiscal 2024, revenue recorded a 194.6% year-over-year increase. Diluted earnings per share were -$2.96, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted shares averaged 12.44M; this is the reported share base over which the company’s diluted per-share earnings were spread. The company employed $14.18M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 0.17x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $530.73K as gross profit before recognizing operating expenses and other items. Gross margin was 22.3%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was an operating loss of $16.50M, reflecting costs that exceeded gross profit. An operating margin of -692.7% reflected costs exceeding revenue-level gross profit by 692.7% of sales. After all below-operating-line items, the company recorded a net loss of $36.84M for the fiscal year. EBITDA was negative $16.17M, showing a deficit before interest, taxes, depreciation, and amortization. Before income taxes, the company recorded a loss of $36.84M, bridging the operating result to the final net loss. The reported income-tax provision was $0.00, the amount recognized between pretax income and the final net-income result. The net loss equaled 327.1% of period-end equity, showing the deficit relative to book capital. The net loss equaled 259.7% of period-end assets, showing the deficit relative to the asset base. The net loss widened to $36.84M from $6.88M in fiscal 2024.

Liquidity and Capital Structure

Total assets were $14.18M, supported by $2.92M of liabilities and $11.26M of shareholder equity. The near-term balance sheet paired $7.42M of current assets with $2.17M of current liabilities at the reporting date. At 3.42x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $6.27M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 288.9% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Book equity represented 79.4% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 20.6% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 44.2%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 158.9% higher than fiscal 2024 assets of $5.48M, measuring the company’s own balance-sheet change. Against $3.32M of equity in fiscal 2024, the current book-equity balance moved 239.7% and ended higher. Cash and equivalents were 708.7% higher than fiscal 2024 cash of $775.13K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $5.87M, showing that operations absorbed cash during the period. Capital expenditures used $193.95K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. The company recorded a $6.06M cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 254.6%. The cash deficit after capital spending represented 42.7% of the period-end asset base. Compared with a $1.94M operating cash outflow in fiscal 2024, the current outflow increased to $5.87M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.