Investment Thesis
Ankam exhibits severely distressed fundamentals with negative stockholders' equity of -$391.3K, indicating the company is technically insolvent despite recent revenue growth. The company's current ratio of 0.23x and liabilities exceeding assets by $391.2K present extreme liquidity and solvency risks. While operating cash flow of $109.4K and 211% revenue growth show potential operational improvement, these gains are fundamentally undermined by persistent operating losses and the company's precarious capital structure.
ANKM Strengths
- Strong revenue growth of 211.2% year-over-year demonstrates market traction and demand
- Positive operating cash flow of $109.4K with 33.7% FCF margin shows operational cash generation capability
- Gross margin of 53.9% indicates reasonable pricing power and cost management on direct production
ANKM Risks
- Negative stockholders' equity of -$391.3K represents technical insolvency and existential solvency risk
- Critical liquidity crisis with current ratio of 0.23x; liabilities of $574.8K far exceed assets of $183.6K
- Persistent operating losses at -$20.7% operating margin despite revenue growth indicates unsustainable business model scaling
- Total liabilities exceed total assets by $391.2K, creating structural balance sheet failure
Key Metrics to Watch
- Stockholders' equity trend and path to positive capitalization
- Operating margin trajectory and timeline to profitability
- Cash burn rate and runway given current cash position of $131.7K relative to liabilities
ANKM Financial Metrics
ANKM Profitability Ratios
ANKM Balance Sheet & Liquidity
ANKM 5-Year Financial Trend
5-Year Trend Summary: Ankam, Inc.'s revenue has grown significantly by 18,366% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.06 indicates the company is currently unprofitable.
ANKM Growth Metrics (YoY)
ANKM Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | N/A | -$10.6K | N/A |
| Q2 2025 | $15.4K | -$10.6K | $0.01 |
| Q1 2025 | $9.8K | -$10.6K | $0.00 |
| Q3 2024 | $6.0K | -$64.9K | $0.01 |
| Q2 2024 | $10.6K | -$64.9K | N/A |
| Q1 2024 | $3.1K | -$81.7K | N/A |
| Q3 2023 | $6.0K | -$6.5K | N/A |
| Q2 2023 | $10.6K | -$6.5K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ANKM Capital Allocation
ANKM SEC Filings
Access official SEC EDGAR filings for Ankam, Inc. (CIK: 0001781629)