Azio Ai Holdings, Inc.
AZIO Nasdaq Motor Vehicle Parts & Accessories Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$5.9M
217.6%
vs prior year
Operating margin
Operating income as a share of revenue.
−651.3%
227.8 pts
Net income
Profit after all expenses, interest and tax.
−$3.3M
Free cash flow
Cash from operations minus capital spending.
−$117M
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.
—
What Azio Ai Holdings, Inc. does
No business description yet.
- Legal name
- AZIO AI HOLDINGS, INC.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 13, 2026
- Accession · CIK
- 0001437749-26-012170
0001563568
Revenue and margins
Azio Ai Holdings, Inc. had $5.9M of revenue in fiscal 2025, up 217.6% on the year before.
FY16
Revenue $0.1M
FY17
Revenue $0.4M
FY18
Revenue $5.0M
FY19
Revenue $12.6M
FY20
Revenue $0.1M
FY21
Revenue $2.0M
FY22
Revenue $4.5M
FY23
Revenue $2.9M
FY24
Revenue $1.9M
FY25
Revenue $5.9M
Q3 '23
Revenue $0.1M
Q4 '23
Revenue $0.1M
Q1 '24
Revenue $0.8M
Q2 '24
Revenue $0.8M
Q3 '24
Revenue $0.0M
Q4 '24
Revenue $0.2M
Q1 '25
Revenue $0.6M
Q2 '25
Revenue $1.0M
Q3 '25
Revenue $1.8M
Q4 '25
Revenue $2.5M
Q1 '26
Revenue $2.2M
Q2 '26
Revenue $2.7M
FY16
Gross 26.5%
Operating −14,020.6%
Net −15,713.2%
FCF −4,880.9%
FY17
Gross −12.7%
Operating −5,081.9%
Net −5,153.6%
FCF −1,339.3%
FY18
Gross 2.7%
Operating −227.0%
Net −220.5%
FCF −91.6%
FY19
Gross 7.4%
Operating −41.5%
Net −41.0%
FCF −36.6%
FY20
Gross 17.1%
Operating −463.4%
Net −315.1%
FCF 1,638.3%
FY21
Gross 37.3%
Operating −378.1%
Net −374.6%
FCF −634.7%
FY22
Gross 38.4%
Operating −973.4%
Net −972.4%
FCF −168.7%
FY23
Gross 35.1%
Operating −444.1%
Net −443.0%
FCF −165.8%
FY24
Gross 26.1%
Operating −423.5%
Net −225.5%
FCF −210.4%
FY25
Gross −222.2%
Operating −651.3%
Net −56.3%
FCF −1,965.9%
Gross
Operating
Net
FCF
Q3 '23
Gross 19.7%
Operating −5,984.5%
Net −5,988.4%
FCF −966.2%
Q4 '23
Gross −10.8%
Operating −2,968.8%
Net −2,971.5%
FCF −629.3%
Q1 '24
Gross 38.0%
Operating −364.8%
Net −559.2%
FCF −90.8%
Q2 '24
Gross 25.1%
Operating −163.0%
Net −92.9%
FCF −135.4%
Q3 '24
Gross —
Operating —
Net —
FCF —
Q4 '24
Gross 44.9%
Operating −824.2%
Net 934.0%
FCF −347.3%
Q1 '25
Gross 20.2%
Operating −2,325.0%
Net −2,376.6%
FCF −744.0%
Q2 '25
Gross −139.2%
Operating −458.4%
Net −491.6%
FCF −111.5%
Q3 '25
Gross 4.5%
Operating −334.5%
Net −350.8%
FCF −50.2%
Q4 '25
Gross −479.7%
Operating −566.0%
Net 891.9%
FCF −4,430.7%
Q1 '26
Gross −8.4%
Operating −167.7%
Net −177.3%
FCF −216.5%
Q2 '26
Gross 2.7%
Operating −215.4%
Net −249.3%
FCF −322.1%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY16
Net income −$10.7M
FY17
Net income −$21.9M
FY18
Net income −$11.0M
FY19
Net income −$5.2M
FY20
Net income −$0.3M
FY21
Net income −$7.7M
FY22
Net income −$43.8M
FY23
Net income −$12.7M
FY24
Net income −$4.2M
FY25
Net income −$3.3M
Q3 '23
Net income −$6.0M
Q4 '23
Net income −$3.2M
Q1 '24
Net income −$4.5M
Q2 '24
Net income −$0.8M
Q3 '24
Net income −$1.2M
Q4 '24
Net income $2.3M
Q1 '25
Net income −$14.0M
Q2 '25
Net income −$5.1M
Q3 '25
Net income −$6.4M
Q4 '25
Net income $22.2M
Q1 '26
Net income −$4.0M
Q2 '26
Net income −$6.6M
FY16
Diluted EPS −$0.16
FY17
Diluted EPS −$0.33
FY18
Diluted EPS −$0.15
FY19
Diluted EPS −$0.07
FY20
Diluted EPS −$279,521.00
FY21
Diluted EPS −$0.03
FY22
Diluted EPS —
FY23
Diluted EPS —
FY24
Diluted EPS —
FY25
Diluted EPS —
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital −354.4%
Return on equity —
Return on assets −313.7%
FY17
Return on capital −835.2%
Return on equity —
Return on assets −501.9%
FY18
Return on capital —
Return on equity −222.2%
Return on assets −136.8%
FY19
Return on capital —
Return on equity −139.1%
Return on assets −48.7%
FY20
Return on capital —
Return on equity —
Return on assets −4.4%
FY21
Return on capital —
Return on equity −20.9%
Return on assets −19.7%
FY22
Return on capital —
Return on equity −82.9%
Return on assets −80.5%
FY23
Return on capital −49.1%
Return on equity −48.2%
Return on assets −45.2%
FY24
Return on capital −28.0%
Return on equity −20.3%
Return on assets −15.2%
FY25
Return on capital —
Return on equity −55.7%
Return on assets −17.9%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was −$117M in fiscal 2025, −1,965.9% of revenue. Cash from operations minus capital spending.
FY16
Free cash flow −$3.3M
FY17
Free cash flow −$5.7M
FY18
Free cash flow −$4.6M
FY19
Free cash flow −$4.6M
FY20
Free cash flow $1.5M
FY21
Free cash flow −$13.0M
FY22
Free cash flow −$7.6M
FY23
Free cash flow −$4.7M
FY24
Free cash flow −$3.9M
FY25
Free cash flow −$117M
Q3 '23
Free cash flow −$1.0M
Q4 '23
Free cash flow −$0.7M
Q1 '24
Free cash flow −$0.7M
Q2 '24
Free cash flow −$1.1M
Q3 '24
Free cash flow −$1.2M
Q4 '24
Free cash flow −$0.9M
Q1 '25
Free cash flow −$4.4M
Q2 '25
Free cash flow −$1.2M
Q3 '25
Free cash flow −$0.9M
Q4 '25
Free cash flow −$110M
Q1 '26
Free cash flow −$4.9M
Q2 '26
Free cash flow −$8.6M
FY16
Cash from operations −$2.9M
Capital spending $0.4M
FY17
Cash from operations −$5.6M
Capital spending $0.1M
FY18
Cash from operations −$4.5M
Capital spending $0.1M
FY19
Cash from operations −$4.6M
Capital spending $0.0M
FY20
Cash from operations $1.5M
Capital spending $0.1M
FY21
Cash from operations −$12.9M
Capital spending $0.0M
FY22
Cash from operations −$7.4M
Capital spending $0.2M
FY23
Cash from operations −$4.7M
Capital spending $0.0M
FY24
Cash from operations −$3.5M
Capital spending $0.4M
FY25
Cash from operations −$117M
Capital spending $0.2M
Cash from operations
Capital spending
Q3 '23
Cash from operations −$1.0M
Capital spending $0.0M
Q4 '23
Cash from operations −$0.7M
Capital spending −$0.0M
Q1 '24
Cash from operations −$0.7M
Capital spending $0.0M
Q2 '24
Cash from operations −$1.0M
Capital spending $0.1M
Q3 '24
Cash from operations −$1.1M
Capital spending $0.1M
Q4 '24
Cash from operations −$0.7M
Capital spending $0.2M
Q1 '25
Cash from operations −$4.2M
Capital spending $0.2M
Q2 '25
Cash from operations −$1.2M
Capital spending $0.0M
Q3 '25
Cash from operations −$0.9M
Capital spending $0.0M
Q4 '25
Cash from operations −$110M
Capital spending $0.0M
Q1 '26
Cash from operations −$3.3M
Capital spending $1.5M
Q2 '26
Cash from operations −$5.4M
Capital spending $3.2M
Cash from operations
Capital spending
Dividends, buybacks and share count
Azio Ai Holdings, Inc. returned — to shareholders in fiscal 2025. The diluted share count rose 0.0%.
FY16
Dividends —
Buybacks —
FY17
Dividends —
Buybacks —
FY18
Dividends —
Buybacks —
FY19
Dividends —
Buybacks —
FY20
Dividends —
Buybacks —
FY21
Dividends —
Buybacks —
FY22
Dividends —
Buybacks —
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
Dividends
Buybacks
FY16
Diluted shares 0.07B
FY17
Diluted shares 0.07B
FY18
Diluted shares 0.07B
FY19
Diluted shares 0.07B
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.23B
FY22
Diluted shares —
FY23
Diluted shares —
FY24
Diluted shares —
FY25
Diluted shares —
Balance sheet
Cash, debt and the ratios that show how comfortably Azio Ai Holdings, Inc. can carry it.
FY16
Cash $0.9M
Debt $5.8M
FY17
Cash $2.4M
Debt $2.1M
FY18
Cash $7.7M
Debt —
FY19
Cash $7.2M
Debt —
FY20
Cash $0.1M
Debt —
FY21
Cash $12.8M
Debt —
FY22
Cash $5.1M
Debt —
FY23
Cash $0.5M
Debt $0.3M
FY24
Cash $1.9M
Debt $3.4M
FY25
Cash $0.4M
Debt $0.5M
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $12.8M | $5.1M | $0.5M | $1.9M | $0.4M |
| Debt incl. finance leases | — | — | $0.3M | $3.4M | $0.5M |
| Debt / equity | — | — | 0.0x | 0.2x | — |
| Current ratio | 14.9x | 12.5x | 6.8x | 1.5x | 0.3x |
| Quick ratio | 12.4x | 8.6x | 2.9x | 1.0x | 0.3x |
| Total assets | $75.3M | $33.5M | $22.7M | $32.7M | $4.7M |
| Total liabilities | $1.6M | $1.5M | $2.0M | $11.7M | $13.6M |
| Shareholders' equity | $73.7M | $32.0M | $20.6M | $20.9M | −$8.9M |
| Net debt (− = net cash) | — | — | −$0.2M | $1.4M | $0.1M |
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
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ |
| Cash from operations is positive | ✕ | ✕ | ✕ | ✕ | ✓ | ✕ | ✕ | ✕ | ✕ | ✕ |
| Return on assets rose | — | ✕ | ✓ | ✓ | ✓ | ✓ | ✕ | ✓ | ✓ | ✕ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | ✓ | ✓ | ✓ | ✕ |
| Debt fell relative to assets | — | ✓ | — | — | — | — | — | — | ✕ | ✕ |
| Current ratio rose | — | ✓ | ✓ | ✕ | ✕ | ✓ | ✕ | ✕ | ✕ | ✕ |
| Share count didn't rise | — | ✓ | ✕ | ✕ | ✓ | ✕ | — | — | — | — |
| Gross margin rose | — | ✕ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | ✕ | ✕ |
| Revenue rose relative to assets | — | ✓ | ✓ | ✓ | ✕ | ✕ | ✓ | ✕ | ✕ | ✓ |
| F-score | — / 3 | 5 / 9 | 5 / 8 | 4 / 8 | 5 / 8 | 3 / 8 | 3 / 7 | 2 / 7 | 2 / 8 | 1 / 8 |
| Accruals ratio | −228.3% | −374.1% | −80.9% | −5.4% | −28.4% | 13.6% | −66.9% | −28.4% | −2.6% | 606.5% |
| Altman Z'' | −45.93 | −50.61 | −16.50 | −20.38 | −4.11 | 50.28 | 12.02 | 0.64 | −5.91 | −148.79 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.1M | $0.4M | $5.0M | $12.6M | $0.1M | $2.0M | $4.5M | $2.9M | $1.9M | $5.9M |
| Gross profit | $0.0M | −$0.1M | $0.1M | $0.9M | $0.0M | $0.8M | $1.7M | $1.0M | $0.5M | −$13.2M |
| Research and development | $0.0M | $0.6M | $0.7M | $0.1M | $0.0M | $0.1M | $0.1M | $0.2M | $0.2M | $0.7M |
| Operating income | −$9.5M | −$21.6M | −$11.4M | −$5.2M | −$0.4M | −$7.7M | −$43.8M | −$12.7M | −$7.9M | −$38.7M |
| Interest expense | $1.1M | $0.3M | — | — | — | — | — | — | — | — |
| Pretax income | −$10.7M | −$21.9M | −$11.0M | −$5.2M | −$0.4M | −$7.4M | −$43.8M | −$12.7M | −$8.8M | −$39.1M |
| Income tax | — | $0.0M | — | — | −$0.2M | $0.2M | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | −$10.7M | −$21.9M | −$11.0M | −$5.2M | −$0.3M | −$7.7M | −$43.8M | −$12.7M | −$4.2M | −$3.3M |
| Diluted EPS | −$0.16 | −$0.33 | −$0.15 | −$0.07 | −$279,521.00 | −$0.03 | — | — | — | — |
| Diluted shares | 0.07B | 0.07B | 0.07B | 0.07B | 0.00B | 0.23B | — | — | — | — |
| Cash flow | ||||||||||
| Cash from operations | −$2.9M | −$5.6M | −$4.5M | −$4.6M | $1.5M | −$12.9M | −$7.4M | −$4.7M | −$3.5M | −$117M |
| Capital expenditure | $0.4M | $0.1M | $0.1M | $0.0M | $0.1M | $0.0M | $0.2M | $0.0M | $0.4M | $0.2M |
| Free cash flow | −$3.3M | −$5.7M | −$4.6M | −$4.6M | $1.5M | −$13.0M | −$7.6M | −$4.7M | −$3.9M | −$117M |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.1M | $0.1M | $0.2M | $1.0M |
| Stock-based compensation | $7.6M | $15.0M | $6.4M | $0.8M | $0.3M | $3.4M | $1.6M | $1.3M | $1.9M | $0.6M |
| Acquisitions | — | — | — | — | — | −$3.4M | $0.0M | $0.0M | $4.3M | $0.0M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.9M | $2.4M | $7.7M | $7.2M | $0.1M | $12.8M | $5.1M | $0.5M | $1.9M | $0.4M |
| Total debt | $5.8M | $2.1M | — | — | — | — | — | $0.3M | $3.4M | $0.5M |
| Current assets | $2.7M | $4.4M | $10.2M | $9.6M | $1.9M | $23.0M | $18.3M | $12.1M | $17.6M | $3.5M |
| Current liabilities | $6.1M | $2.7M | $3.0M | $6.9M | $2.7M | $1.6M | $1.5M | $1.8M | $11.7M | $13.3M |
| Inventory | $0.3M | $0.2M | $0.0M | $0.5M | $0.0M | $3.9M | $5.7M | $6.8M | $6.4M | $0.0M |
| Property and equipment, net | $0.4M | $0.5M | $0.2M | $0.1M | $0.2M | $0.3M | $0.4M | $0.3M | $0.6M | $0.5M |
| Goodwill | — | — | — | — | — | $51.8M | $14.7M | $9.6M | $10.1M | $0.0M |
| Intangible assets | — | — | — | — | — | — | — | $0.0M | $4.0M | $0.0M |
| Total assets | $3.4M | $5.3M | $10.8M | $10.3M | $2.4M | $75.3M | $33.5M | $22.7M | $32.7M | $4.7M |
| Total liabilities | $6.1M | $3.0M | $3.2M | $7.0M | $2.9M | $1.6M | $1.5M | $2.0M | $11.7M | $13.6M |
| Preferred stock | — | — | — | — | — | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | −$2.7M | $2.3M | $7.6M | −$0.2M | −$0.5M | $73.7M | $32.0M | $20.6M | $20.9M | −$8.9M |
| Margins | ||||||||||
| Gross margin | 26.5% | −12.7% | 2.7% | 7.4% | 17.1% | 37.3% | 38.4% | 35.1% | 26.1% | −222.2% |
| Operating margin | −14,020.6% | −5,081.9% | −227.0% | −41.5% | −463.4% | −378.1% | −973.4% | −444.1% | −423.5% | −651.3% |
| EBITDA margin | −14,001.8% | −5,077.5% | −226.1% | −41.1% | −443.4% | −374.7% | −971.2% | −439.6% | −413.3% | −635.1% |
| Net margin | −15,713.2% | −5,153.6% | −220.5% | −41.0% | −315.1% | −374.6% | −972.4% | −443.0% | −225.5% | −56.3% |
| FCF margin | −4,880.9% | −1,339.3% | −91.6% | −36.6% | 1,638.3% | −634.7% | −168.7% | −165.8% | −210.4% | −1,965.9% |
| Returns | ||||||||||
| Return on capital | −354.4% | −835.2% | — | — | — | — | — | −49.1% | −28.0% | — |
| Return on capital employed | 352.2% | −821.5% | −145.4% | −152.0% | 128.7% | −10.5% | −137.0% | −60.9% | −37.8% | 448.7% |
| Return on equity | — | — | −222.2% | −139.1% | — | −20.9% | −82.9% | −48.2% | −20.3% | −55.7% |
| Return on assets | −313.7% | −501.9% | −136.8% | −48.7% | −4.4% | −19.7% | −80.5% | −45.2% | −15.2% | −17.9% |
| Return on tangible equity | — | −936.0% | −145.3% | — | — | −34.8% | −253.0% | −114.8% | −61.6% | — |
| Growth | ||||||||||
| Revenue growth | — | 525.0% | 1,079.1% | 150.7% | −99.3% | 2,203.0% | 120.5% | −36.4% | −34.7% | 217.6% |
| FCF growth | — | — | — | — | — | −992.2% | — | — | — | — |
| Share count change | — | −0.1% | 8.5% | 1.0% | −100.0% | — | — | — | — | — |
| Financial health | ||||||||||
| Debt / equity | — | 0.9x | — | — | — | — | — | 0.0x | 0.2x | — |
| Interest coverage | −8.3x | −67.1x | — | — | — | — | — | — | — | — |
| Current ratio | 0.4x | 1.7x | 3.4x | 1.4x | 0.7x | 14.9x | 12.5x | 6.8x | 1.5x | 0.3x |
| Quick ratio | 0.4x | 1.6x | 3.4x | 1.3x | 0.7x | 12.4x | 8.6x | 2.9x | 1.0x | 0.3x |
| Capital allocation | ||||||||||
| Capex / revenue | 604.4% | 26.8% | 1.6% | 0.1% | 82.4% | 1.4% | 3.7% | 1.3% | 23.0% | 3.0% |
| Stock comp / revenue | 11,125.0% | 3,538.6% | 127.9% | 6.1% | 391.2% | 167.1% | 35.8% | 46.2% | 101.0% | 10.8% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 5.0 | 5.0 | 4.0 | 5.0 | 3.0 | 3.0 | 2.0 | 2.0 | 1.0 |
| Altman Z'' | −45.9 | −50.6 | −16.5 | −20.4 | −4.1 | 50.3 | 12.0 | 0.6 | −5.9 | −148.8 |
| Accruals ratio | −228.3% | −374.1% | −80.9% | −5.4% | −28.4% | 13.6% | −66.9% | −28.4% | −2.6% | 606.5% |
Source: SEC EDGAR XBRL filings (CIK 0001563568). 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.