Aether Holdings, Inc.
ATHR Nasdaq Services-Prepackaged Software Financials FY2024–FY2025
Revenue
Total sales reported in the income statement.
$1.4M
4.1%
vs prior year
Operating margin
Operating income as a share of revenue.
—
Net income
Profit after all expenses, interest and tax.
−$3.1M
Free cash flow
Cash from operations minus capital spending.
−$3.6M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On −$0.44 EPS (TTM)
What Aether Holdings, Inc. does
No business description yet.
- Legal name
- Aether Holdings, Inc.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Dec 17, 2025
- Accession · CIK
- 0001493152-25-028195
0002026353
Revenue and margins
Aether Holdings, Inc. had $1.4M of revenue in fiscal 2025, down 4.1% on the year before.
FY24
Revenue $1.4M
FY25
Revenue $1.4M
Q1 '24
Revenue —
Q2 '24
Revenue $0.4M
Q3 '24
Revenue $0.4M
Q4 '24
Revenue $0.4M
Q1 '25
Revenue $0.4M
Q2 '25
Revenue $0.3M
Q3 '25
Revenue $0.3M
Q4 '25
Revenue $0.3M
Q1 '26
Revenue $0.3M
Q2 '26
Revenue $0.3M
Q3 '26
Revenue $0.3M
FY24
Gross 69.1%
Operating —
Net −65.2%
FCF —
FY25
Gross 70.8%
Operating —
Net −227.5%
FCF −258.7%
Gross
Operating
Net
FCF
Q1 '24
Gross —
Operating —
Net —
FCF —
Q2 '24
Gross 70.0%
Operating —
Net −49.9%
FCF —
Q3 '24
Gross 69.1%
Operating —
Net −83.8%
FCF —
Q4 '24
Gross 68.2%
Operating —
Net −103.3%
FCF —
Q1 '25
Gross 69.7%
Operating —
Net −90.9%
FCF —
Q2 '25
Gross 67.9%
Operating —
Net −114.1%
FCF —
Q3 '25
Gross 69.9%
Operating —
Net −293.8%
FCF —
Q4 '25
Gross 75.7%
Operating —
Net −416.2%
FCF −460.2%
Q1 '26
Gross 80.4%
Operating —
Net −382.9%
FCF −642.5%
Q2 '26
Gross 80.7%
Operating —
Net −306.3%
FCF −273.6%
Q3 '26
Gross 80.4%
Operating —
Net −408.5%
FCF −363.6%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY24
Net income −$0.9M
FY25
Net income −$3.1M
Q1 '24
Net income −$0.1M
Q2 '24
Net income −$0.2M
Q3 '24
Net income −$0.3M
Q4 '24
Net income −$0.4M
Q1 '25
Net income −$0.3M
Q2 '25
Net income −$0.4M
Q3 '25
Net income −$1.0M
Q4 '25
Net income −$1.4M
Q1 '26
Net income −$1.3M
Q2 '26
Net income −$1.0M
Q3 '26
Net income −$1.3M
FY24
Diluted EPS −$0.10
FY25
Diluted EPS −$0.29
Q1 '24
Diluted EPS —
Q2 '24
Diluted EPS −$0.02
Q3 '24
Diluted EPS −$0.03
Q4 '24
Diluted EPS —
Q1 '25
Diluted EPS −$0.03
Q2 '25
Diluted EPS −$0.04
Q3 '25
Diluted EPS −$0.08
Q4 '25
Diluted EPS −$0.14
Q1 '26
Diluted EPS −$0.11
Q2 '26
Diluted EPS −$0.08
Q3 '26
Diluted EPS −$0.11
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY24
Return on capital —
Return on equity −809.1%
Return on assets −130.6%
FY25
Return on capital —
Return on equity −135.6%
Return on assets −109.2%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was −$3.6M in fiscal 2025, −258.7% of revenue. Cash from operations minus capital spending.
FY24
Free cash flow —
FY25
Free cash flow −$3.6M
Q1 '24
Free cash flow —
Q2 '24
Free cash flow —
Q3 '24
Free cash flow —
Q4 '24
Free cash flow —
Q1 '25
Free cash flow —
Q2 '25
Free cash flow —
Q3 '25
Free cash flow —
Q4 '25
Free cash flow −$1.6M
Q1 '26
Free cash flow −$2.2M
Q2 '26
Free cash flow −$0.9M
Q3 '26
Free cash flow −$1.2M
FY24
Cash from operations −$0.7M
Capital spending —
FY25
Cash from operations −$3.6M
Capital spending $0.0M
Cash from operations
Capital spending
Q1 '24
Cash from operations —
Capital spending —
Q2 '24
Cash from operations —
Capital spending —
Q3 '24
Cash from operations −$0.3M
Capital spending —
Q4 '24
Cash from operations −$0.4M
Capital spending —
Q1 '25
Cash from operations −$0.3M
Capital spending —
Q2 '25
Cash from operations −$0.1M
Capital spending —
Q3 '25
Cash from operations −$2.0M
Capital spending —
Q4 '25
Cash from operations −$1.6M
Capital spending $0.0M
Q1 '26
Cash from operations −$1.0M
Capital spending $1.2M
Q2 '26
Cash from operations −$0.9M
Capital spending $0.0M
Q3 '26
Cash from operations −$1.2M
Capital spending $0.0M
Cash from operations
Capital spending
Dividends, buybacks and share count
Aether Holdings, Inc. returned — to shareholders in fiscal 2025. The diluted share count rose 15.8%.
FY24
Dividends —
Buybacks $0.2M
FY25
Dividends —
Buybacks —
Dividends
Buybacks
Q1 '24
Dividends —
Buybacks —
Q2 '24
Dividends —
Buybacks —
Q3 '24
Dividends —
Buybacks —
Q4 '24
Dividends —
Buybacks −$0.0M
Q1 '25
Dividends —
Buybacks —
Q2 '25
Dividends —
Buybacks —
Q3 '25
Dividends —
Buybacks —
Q4 '25
Dividends —
Buybacks —
Q1 '26
Dividends —
Buybacks —
Q2 '26
Dividends —
Buybacks —
Q3 '26
Dividends —
Buybacks —
Dividends
Buybacks
FY24
Diluted shares 0.01B
FY25
Diluted shares 0.01B
Balance sheet
Cash, debt and the ratios that show how comfortably Aether Holdings, Inc. can carry it.
FY24
Cash $0.2M
Debt —
FY25
Cash $0.2M
Debt —
Cash
Debt
| Fiscal year end | FY24 | FY25 |
|---|---|---|
| Cash and short-term investments | $0.2M | $0.2M |
| Current ratio | 1.2x | 9.2x |
| Quick ratio | 1.2x | 9.2x |
| Total assets | $0.7M | $5.0M |
| Total liabilities | $0.6M | $0.5M |
| Shareholders' equity | $0.1M | $4.5M |
| Net debt (− = net cash) | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY24 | FY25 |
|---|---|---|
| Net income is positive | ✕ | ✕ |
| Cash from operations is positive | ✕ | ✕ |
| Return on assets rose | — | ✓ |
| Cash from operations exceeds net income | ✓ | ✕ |
| Debt fell relative to assets | — | — |
| Current ratio rose | — | ✓ |
| Share count didn't rise | — | ✕ |
| Gross margin rose | — | ✓ |
| Revenue rose relative to assets | — | ✕ |
| F-score | — / 3 | 3 / 8 |
| Accruals ratio | −34.8% | 14.9% |
| Altman Z'' | — | — |
2 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Income statement | ||
| Revenue | $1.4M | $1.4M |
| Net interest income | — | $0.1M |
| Gross profit | $1.0M | $1.0M |
| Research and development | $0.2M | $0.1M |
| Pretax income | −$0.9M | −$3.1M |
| Income tax | $0.0M | $0.0M |
| Net income | −$0.9M | −$3.1M |
| Diluted EPS | −$0.10 | −$0.29 |
| Diluted shares | 0.01B | 0.01B |
| Cash flow | ||
| Cash from operations | −$0.7M | −$3.6M |
| Capital expenditure | — | $0.0M |
| Free cash flow | — | −$3.6M |
| Depreciation and amortization | $0.0M | $0.0M |
| Acquisitions | — | $0.1M |
| Share buybacks | $0.2M | — |
| Dividends and buybacks | $0.2M | — |
| Balance sheet | ||
| Cash and short-term investments | $0.2M | $0.2M |
| Current assets | $0.7M | $4.8M |
| Current liabilities | $0.6M | $0.5M |
| Property and equipment, net | $0.0M | $0.0M |
| Intangible assets | — | $0.0M |
| Total assets | $0.7M | $5.0M |
| Total liabilities | $0.6M | $0.5M |
| Shareholders' equity | $0.1M | $4.5M |
| Margins | ||
| Gross margin | 69.1% | 70.8% |
| Net margin | −65.2% | −227.5% |
| FCF margin | — | −258.7% |
| Net interest share of revenue | — | 6.6% |
| Returns | ||
| Return on equity | −809.1% | −135.6% |
| Return on assets | −130.6% | −109.2% |
| Return on tangible equity | −809.1% | −69.6% |
| Growth | ||
| Revenue growth | — | −4.1% |
| Share count change | — | 15.8% |
| Financial health | ||
| Current ratio | 1.2x | 9.2x |
| Quick ratio | 1.2x | 9.2x |
| Capital allocation | ||
| Capex / revenue | — | 0.1% |
| Quality scores | ||
| Piotroski F-score | — | 3.0 |
| Accruals ratio | −34.8% | 14.9% |
Source: SEC EDGAR XBRL filings (CIK 0002026353). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.