Investment Thesis
AppYea demonstrates severe financial distress with massive operating losses, negative equity of -$7.7M, and critically low liquidity (0.07x current ratio). The company is technically insolvent with liabilities exceeding assets by $7.7M, and despite a revenue spike, is burning cash rapidly with -$353K free cash flow while generating extreme negative margins.
APYP Strengths
- Revenue increased 8305.8% YoY from minimal base
- Maintained $468K in cash reserves despite losses
- No insider selling activity in last 90 days
APYP Risks
- Negative stockholders equity of -$7.7M indicates technical insolvency
- Current ratio of 0.07x indicates acute liquidity crisis and inability to meet short-term obligations
- Operating cash flow of -$350K and free cash flow of -$353K show business cannot sustain itself
- Gross margin of -50% indicates fundamental business model problems
- Total liabilities of $8.4M versus total assets of $636K leaves minimal cushion
- Operating margin of -11883.3% reflects extreme operational inefficiency
Key Metrics to Watch
- Cash burn rate and runway to insolvency
- Path to positive gross margin and operating profitability
- Restructuring or debt modification negotiations
APYP Financial Metrics
APYP Profitability Ratios
APYP Balance Sheet & Liquidity
APYP 5-Year Financial Trend
5-Year Trend Summary: APPYEA, INC's revenue has grown significantly by 583% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.01 indicates the company is currently unprofitable.
APYP Growth Metrics (YoY)
APYP Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.0K | -$512.0K | $0.00 |
| Q2 2025 | $1.0K | -$6.0K | $0.00 |
| Q1 2025 | $3.0K | -$166.0K | $0.00 |
| Q3 2024 | $1.0K | -$512.0K | N/A |
| Q2 2024 | $2.0K | $181.0K | $0.00 |
| Q1 2024 | $13.0K | -$289.0K | $0.00 |
| Q3 2019 | $92 | -$217.6K | N/A |
| Q2 2019 | $110 | $189.5K | $0.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
APYP Capital Allocation
APYP SEC Filings
Access official SEC EDGAR filings for APPYEA, INC (CIK: 0001568969)