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We are a business consulting company providing financial consulting services to small and medium-sized enterprises ( SMEs ) and prior to August 1, 2022, our Affiliated Entity ATIF USA, managed a private equity fund with approximately $1.3 million assets under management ( AUM ). Since our inception in 2015, the main focus of our consulting business has been providing comprehensive going public …
The business is unprofitable at the operating level (-316.13% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 74.7% YoY. Margins deteriorated 285.1pp alongside, both lines moving the wrong way.
ROIC dropped from -13.69% to -69.91%, capital efficiency is deteriorating. Negative free cash flow of -$126K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (FY)
$620K
▼ -74.7% YoY
Net Income (TTM)
-$5M
▼ -10.7% YoY
Op. Margin
-316.13%
▼ -285.1pp YoY
ROIC
-17.35%
▼ -56.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$2M
▲ +94.6% YoY
Op. Cash Flow (TTM)
-$2M
▲ +94.8% YoY
Net Debt
-$8M
Net Cash Position
Cash & Equiv.
$8M
5Y CAGR: -27.4%
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