Troops, Inc. /Cayman Islands/
TROO Nasdaq· Miscellaneous Business Credit Institution
Last close · Oct 30, 2026
$2.20
KIRA · Stoqly’s AI analyst, in plain words
- Troops, Inc. /Cayman Islands/ had $17.1M of revenue in fiscal 2025, up 69.7% on the year before. Over five years, revenue changed +31.8% a year on average.
- Its operating margin was −172.8%, down 115.9 pts: of every 100 in sales, about −173 is left after running the business.
- Troops, Inc. /Cayman Islands/ lost $27.9M in fiscal 2025.
- Free cash flow was $0.7M in fiscal 2025, 4.0% of revenue.
- Troops, Inc. /Cayman Islands/ returned $4.0M to shareholders in fiscal 2025, 574% of free cash flow. The diluted share count rose 18.1%.
Market cap
$266M
P/E
—
Revenue
$17.1M
Net income
−$27.9M
Free cash flow
$0.7M
Operating margin
−172.8%
Troops, Inc. /Cayman Islands/ in 30 seconds · fiscal 2025
Are sales growing?
+69.7%
Yes. Sales grew 69.7% last year.
Does it make a profit?
−163.2%
No. It lost money last year.
Does profit turn into cash?
4.0%
Partly. 4.0% of sales ends up as free cash.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Troops, Inc. /Cayman Islands/ does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 30, 2026
- Legal name
- Troops, Inc. /Cayman Islands/
- CIK
- 0001412095
Troops, Inc. /Cayman Islands/ · TROO · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.7M | $3.9M | $3.6M | $10.1M | $17.1M |
| Revenue growth | −14.2% | 5.2% | −7.9% | 182.2% | 69.7% |
| Net interest income | $0.1M | — | — | — | — |
| Gross margin | 9.8% | 21.2% | 21.7% | 19.3% | 9.1% |
| Operating margin | −239.1% | −13.8% | −50.5% | −56.9% | −172.8% |
| Net income | −$8.4M | −$0.3M | −$1.7M | −$13.4M | −$27.9M |
| Net margin | −228.4% | −8.9% | −48.2% | −133.2% | −163.2% |
| Diluted EPS | −$0.08 | −$0.01 | −$0.02 | −$0.13 | −$0.23 |
| Cash | |||||
| Cash from operations | $12.3M | −$0.4M | −$6.5M | $2.0M | $0.8M |
| Capital expenditure | $0.4M | $0.2M | $0.2M | $0.3M | $0.1M |
| Free cash flow | $11.9M | −$0.5M | −$6.8M | $1.7M | $0.7M |
| FCF margin | 322.8% | −13.5% | −189.4% | 16.9% | 4.0% |
| Share buybacks | — | — | — | — | $4.0M |
| Share count change | 3.5% | 0.0% | 0.0% | 0.6% | 18.1% |
| Debt and strength | |||||
| Cash and short-term investments | $3.5M | $3.0M | $3.1M | $5.2M | $4.0M |
| Shareholders' equity | $62.5M | $62.2M | $60.6M | $68.2M | $49.0M |
| Current ratio | 2.8x | 5.3x | 2.3x | 3.3x | 0.9x |
| Interest coverage | −85.5x | −9.1x | −29.1x | — | — |
| Returns and quality | |||||
| Return on equity | −12.6% | −0.6% | −2.8% | −20.8% | −47.6% |
| Return on tangible equity | −13.6% | −0.6% | −2.9% | −24.6% | −78.8% |
| Piotroski F-score | 5 | 4 | 2 | 4 | 3 |
| Altman Z'' | 4.5 | 6.1 | 3.4 | 3.5 | −5.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Troops, Inc. /Cayman Islands/ · TROO · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.20 a share, the company is worth $266M.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001412095). Latest version: stoqly.net/companies/troo. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.