/
Corporate History ADIA Nutrition Inc. (the Corporation ), a corporation incorporated under the laws of the State of Nevada on April 24, 1975, as Domi Associates, Inc. Subsequently, the Company amended its articles of incorporation in March 2001, changing its name to Drilling, Inc., and again changed its name to PIVX Solutions, Inc in April 2004.
The business is unprofitable at the operating level (-52.32% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 10879.7% YoY with margins expanding 2686.7pp.
ROIC dropped from -21.08% to -39.85%, capital efficiency is deteriorating. Negative free cash flow of -$192K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$701K
▲ +10879.7% YoY
Net Income (TTM)
-$395K
▼ -118.4% YoY
Op. Margin
-52.32%
▲ +2686.7pp YoY
ROIC
-39.85%
▼ -18.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$192K
▲ +46.1% YoY
Op. Cash Flow (TTM)
-$179K
▲ +46.6% YoY
Net Debt
$719K
Cash & Equiv.
$79K
Continue Research