Waton Financial Ltd
WTF Nasdaq Security & Commodity Brokers, Dealers, Exchanges & Services Financials FY2023–FY2026
What Waton Financial Ltd does
No business description yet.
- Legal name
- Waton Financial Ltd
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 20-F · Jul 31, 2026
- Accession · CIK
- 0001140361-26-030310
0001987363
Revenue and margins
Waton Financial Ltd had $11.1M of revenue in fiscal 2026, up 48.8% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was −$7.4M in fiscal 2026, −66.6% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Waton Financial Ltd returned $0.0M to shareholders in fiscal 2026. The diluted share count rose 15.4%.
Balance sheet
Cash, debt and the ratios that show how comfortably Waton Financial Ltd can carry it.
| Fiscal year end | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash and short-term investments | $19.1M | $4.9M | $7.7M | $10.4M |
| Current ratio | — | 1.2x | 1.4x | 1.5x |
| Quick ratio | — | 1.2x | 1.4x | 1.5x |
| Total assets | — | $32.7M | $30.7M | $54.7M |
| Total liabilities | — | $21.9M | $18.0M | $32.9M |
| Shareholders' equity | $14.2M | $10.7M | $12.8M | $21.7M |
| 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 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| 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 | — / 4 | 4 / 7 | 3 / 7 |
| Accruals ratio | — | 13.3% | −38.9% | −19.0% |
| Altman Z'' | — | 2.29 | −0.97 | −0.42 |
4 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $5.7M | $10.1M | $7.4M | $11.1M |
| Research and development | $0.0M | $0.0M | $0.4M | $0.7M |
| Operating income | $3.1M | $2.9M | −$10.7M | −$14.5M |
| Pretax income | $3.8M | $2.9M | −$11.8M | −$15.2M |
| Income tax | $0.7M | $0.4M | $0.2M | $0.0M |
| Net income | $3.1M | $2.5M | −$12.0M | −$15.2M |
| Diluted EPS | $0.09 | $0.04 | −$0.29 | −$0.31 |
| Diluted shares | 0.03B | 0.06B | 0.04B | 0.05B |
| Cash flow | ||||
| Cash from operations | $12.0M | −$1.8M | $0.4M | −$7.1M |
| Capital expenditure | $0.0M | $0.3M | $0.0M | $0.3M |
| Free cash flow | $12.0M | −$2.1M | $0.3M | −$7.4M |
| Depreciation and amortization | $0.0M | $0.1M | $0.1M | $0.2M |
| Stock-based compensation | $0.4M | $0.0M | $8.8M | $7.1M |
| Share buybacks | $0.0M | $6.0M | $0.0M | $0.0M |
| Dividends and buybacks | $0.0M | $6.0M | $0.0M | $0.0M |
| Balance sheet | ||||
| Cash and short-term investments | $19.1M | $4.9M | $7.7M | $10.4M |
| Current assets | — | $25.8M | $25.3M | $50.1M |
| Current liabilities | — | $21.5M | $17.9M | $32.5M |
| Property and equipment, net | — | $0.2M | $0.1M | $0.3M |
| Total assets | — | $32.7M | $30.7M | $54.7M |
| Total liabilities | — | $21.9M | $18.0M | $32.9M |
| Shareholders' equity | $14.2M | $10.7M | $12.8M | $21.7M |
| Margins | ||||
| Operating margin | 53.4% | 29.3% | −143.0% | −131.1% |
| EBITDA margin | 53.5% | 29.9% | −141.6% | −129.7% |
| Net margin | 53.7% | 24.8% | −160.7% | −136.7% |
| FCF margin | 208.5% | −21.0% | 4.6% | −66.6% |
| Returns | ||||
| Return on capital employed | — | 26.2% | −83.2% | −65.5% |
| Return on equity | 21.8% | 20.1% | −101.8% | −87.9% |
| Return on assets | — | 7.6% | −37.7% | −35.5% |
| Return on tangible equity | 21.8% | 23.2% | −93.7% | −69.7% |
| Growth | ||||
| Revenue growth | — | 75.2% | −25.9% | 48.8% |
| Net income growth | — | −19.0% | −579.4% | — |
| EPS growth | — | −55.6% | −825.0% | — |
| FCF growth | — | −117.6% | — | −2,232.3% |
| Share count change | — | 80.9% | −33.5% | 15.4% |
| Financial health | ||||
| Current ratio | — | 1.2x | 1.4x | 1.5x |
| Quick ratio | — | 1.2x | 1.4x | 1.5x |
| Capital allocation | ||||
| Capex / revenue | 0.1% | 2.6% | 0.2% | 2.9% |
| Stock comp / revenue | 6.6% | 0.0% | 118.0% | 63.7% |
| Payouts / FCF | 0.0% | — | 0.0% | — |
| Quality scores | ||||
| Piotroski F-score | — | — | 4.0 | 3.0 |
| Altman Z'' | — | 2.3 | −1.0 | −0.4 |
| Accruals ratio | — | 13.3% | −38.9% | −19.0% |
Source: SEC EDGAR XBRL filings (CIK 0001987363). 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.