1.Sales and profit
See section β- Change Agents Corporation. lost $18.3M in fiscal 2025.
CHGA Nasdaq Services-Computer Programming Services Financials FY2016βFY2025
Last close Β· Oct 23, 2026
$1.65
1.8%Hi! I read Change Agents Corporation.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Does it make a profit?
β$18.3M
No. It lost money last year.
How is the share priced?
1.2x
One share costs 1.2 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Change Agents Corporation. did it, and the next one. Share prices often move a lot on those days.
Next results
November 13, 2026
Friday Β· in 18 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 14, 2026 | Q2 '26 | After the market closes | 10-Q β |
| May 11, 2026 | Q1 '26 | After the market closes | 10-Q β |
| Mar 30, 2026 | Q4 '25 | After the market closes | 10-K β |
| Nov 14, 2025 | Q3 '25 | After the market closes | 10-Q β |
| Aug 14, 2025 | Q2 '25 | After the market closes | 10-Q β |
| May 13, 2025 | Q1 '25 | After the market closes | 10-Q β |
| Mar 31, 2025 | Q4 '24 | After the market closes | 10-K β |
| Nov 12, 2024 | Q3 '24 | Before the market opens | 10-Q β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Change Agents Corporation. lost $18.3M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Change Agents Corporation. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $0.8M | $2.0M | $0.3M | $2.7M | $0.1M |
| Debt incl. finance leases | $3.0M | β | $1.0M | β | β |
| Debt / equity | 1.0x | β | 0.1x | β | β |
| Interest coverage | β | β50.0x | β11.7x | β2.9x | β5.2x |
| Current ratio | 0.3x | 0.7x | 0.1x | 0.2x | 0.1x |
| Quick ratio | 0.3x | 0.7x | 0.1x | 0.2x | 0.1x |
| Total assets | $10.2M | $19.8M | $20.6M | $21.0M | $23.4M |
| Total liabilities | $7.2M | $8.6M | $13.2M | $13.9M | $14.2M |
| Shareholders' equity | $3.1M | $11.2M | $7.4M | $7.1M | $9.2M |
| Net debt (β = net cash) | $2.2M | β | $0.7M | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 2 / 8 | 4 / 8 | 2 / 8 | 3 / 8 | 5 / 8 | 3 / 8 | 3 / 7 | 4 / 7 | β / 6 |
| Accruals ratio | 1.1% | β33.1% | β28.1% | β92.0% | β49.2% | β39.5% | β32.6% | β50.6% | β14.1% | β61.6% |
| Altman Z'' | 29.60 | β2.52 | 0.16 | β21.55 | β21.43 | β23.59 | β12.44 | β19.08 | β17.96 | β19.80 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.6M | $1.1M | $1.6M | $1.5M | $1.4M | $1.4M | $1.2M | $1.3M | $1.3M | β |
| Net interest income | $0.0M | $0.0M | $0.0M | β | β | β | β | β | β | β |
| Gross profit | β$0.5M | $0.0M | $0.4M | $0.3M | $0.4M | $0.4M | $0.3M | β | β | β |
| Research and development | β | β | $0.0M | $1.8M | $0.9M | $1.0M | $0.7M | $0.1M | $0.0M | β |
| Operating income | $0.1M | β$3.9M | β$7.6M | β$19.4M | β$12.5M | β$8.8M | β$8.8M | β$15.8M | β$4.8M | β$7.6M |
| Interest expense | β | $0.1M | $0.3M | $0.0M | β | β | $0.2M | $1.4M | $1.7M | $1.5M |
| Pretax income | $0.1M | β$4.0M | β$8.1M | β$18.1M | β$12.7M | β$9.1M | β$11.9M | β$16.7M | β$7.0M | β$17.5M |
| Income tax | $0.0M | β | β | β | β | β | β | β | β | β |
| Net income | $0.1M | β$4.0M | β$8.1M | β$18.1M | β$12.7M | β$9.1M | β$11.9M | β$16.7M | β$7.9M | β$18.3M |
| Net income to common | $0.1M | β$3.5M | β$7.8M | β$18.1M | $0.1M | $0.1M | β$11.9M | β$16.7M | β$7.9M | β$18.1M |
| Diluted EPS | β | β | β | β | β | β$1.07 | β$1.28 | β$23.80 | β$8.44 | β$5.64 |
| Diluted shares | 0.05B | 0.07B | 0.07B | 0.08B | 0.08B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | $0.0M | β$1.3M | β$4.4M | β$7.1M | β$7.5M | β$5.0M | β$7.0M | β$6.5M | β$5.0M | β$4.6M |
| Capital expenditure | $0.0M | $0.1M | $0.1M | $0.4M | β | $0.0M | $0.0M | $0.0M | β | β |
| Free cash flow | $0.0M | β$1.5M | β$4.5M | β$7.5M | β | β$5.0M | β$7.0M | β$6.5M | β | β |
| Depreciation and amortization | $0.0M | $0.2M | $0.5M | $0.5M | $0.3M | $0.3M | $0.3M | $0.2M | $0.0M | $0.1M |
| Stock-based compensation | $0.1M | $1.0M | $3.1M | $9.2M | $5.5M | $2.1M | $1.1M | $1.2M | $0.5M | $1.8M |
| Acquisitions | $0.2M | β | $0.4M | β | β | β | β | β | β | β |
| Share buybacks | β | β | $0.5M | β | β | β | β | β | β | β |
| Dividends and buybacks | β | β | $0.5M | β | β | β | β | β | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $2.9M | $3.0M | $2.3M | $0.8M | $0.7M | $0.8M | $2.0M | $0.3M | $2.7M | $0.1M |
| Total debt | β | β | β | β | β | $3.0M | β | $1.0M | β | β |
| Deposits | β | β | β | β | $0.1M | $0.1M | $0.1M | $0.1M | $0.1M | β |
| Current assets | $3.7M | $3.2M | $3.6M | $1.6M | $1.3M | $1.3M | $2.4M | $0.9M | $3.2M | $1.5M |
| Current liabilities | $0.2M | $5.4M | $1.1M | $2.8M | $2.6M | $4.4M | $3.6M | $6.8M | $13.9M | $14.1M |
| Inventory | β | $0.0M | $0.0M | β | β | β | β | β | β | β |
| Property and equipment, net | $0.0M | $0.0M | $0.2M | $0.6M | $0.5M | $0.4M | $0.1M | $0.0M | $0.0M | $0.0M |
| Goodwill | β | β | β | β | β | β | β | β | β | $12.8M |
| Intangible assets | β | $1.6M | $1.3M | β | β | β | β | $9.4M | $8.7M | $2.2M |
| Total assets | $3.7M | $12.7M | $13.4M | $10.5M | $10.4M | $10.2M | $19.8M | $20.6M | $21.0M | $23.4M |
| Total liabilities | $0.2M | $5.4M | $2.1M | $6.0M | $6.2M | $7.2M | $8.6M | $13.2M | $13.9M | $14.2M |
| Preferred stock | $0.0M | β | β | β | β | β | $9.0M | β | β | β |
| Shareholders' equity | $3.5M | $7.9M | $11.3M | $4.5M | $4.1M | $3.1M | $11.2M | $7.4M | $7.1M | $9.2M |
| Margins | ||||||||||
| Gross margin | β88.2% | 4.6% | 24.8% | 22.0% | 28.3% | 29.8% | 22.7% | β | β | β |
| Operating margin | 12.5% | β359.9% | β488.5% | β1,253.1% | β903.9% | β635.1% | β731.4% | β1,254.6% | β363.1% | β |
| EBITDA margin | 12.5% | β343.0% | β455.0% | β1,220.4% | β881.1% | β612.7% | β703.9% | β1,237.7% | β363.0% | β |
| Net margin | 9.0% | β375.8% | β515.4% | β1,168.6% | β920.3% | β653.5% | β992.4% | β1,330.5% | β592.7% | β |
| FCF margin | 2.2% | β138.1% | β288.6% | β482.3% | β | β362.5% | β585.5% | β519.8% | β | β |
| Net interest share of revenue | 0.1% | 0.1% | 0.3% | β | β | β | β | β | β | β |
| Returns | ||||||||||
| Return on capital | β | β | β | β | β | β132.3% | β | β154.0% | β | β |
| Return on capital employed | 2.2% | β53.1% | β62.3% | β253.1% | β160.2% | β151.3% | β54.4% | β114.0% | β68.2% | β82.0% |
| Return on equity | 1.6% | β70.8% | β84.1% | β229.9% | β295.5% | β252.5% | β167.5% | β180.3% | β109.2% | β223.6% |
| Return on assets | 1.5% | β49.5% | β61.8% | β151.3% | β121.6% | β88.2% | β79.6% | β82.8% | β38.0% | β82.3% |
| Return on tangible equity | 1.6% | β54.9% | β77.8% | β404.7% | 1.3% | 2.0% | β106.9% | β | β | β |
| Growth | ||||||||||
| Revenue growth | β | 74.8% | 45.0% | β1.0% | β10.9% | 1.0% | β13.6% | 4.5% | 6.2% | β |
| Net income growth | β | β7,383.5% | β | β | β | β | β | β | β | β |
| FCF growth | β | β10,959.1% | β | β | β | β | β | β | β | β |
| Share count change | β | 27.2% | 10.7% | 4.3% | 5.8% | β89.3% | 9.9% | β92.5% | 33.4% | 242.8% |
| Financial health | ||||||||||
| Debt / equity | β | β | β | β | β | 1.0x | β | 0.1x | β | β |
| Interest coverage | β | β28.1x | β24.2x | β575.0x | β | β | β50.0x | β11.7x | β2.9x | β5.2x |
| Current ratio | 23.1x | 0.6x | 3.2x | 0.6x | 0.5x | 0.3x | 0.7x | 0.1x | 0.2x | 0.1x |
| Quick ratio | 23.1x | 0.6x | 3.2x | 0.6x | 0.5x | 0.3x | 0.7x | 0.1x | 0.2x | 0.1x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.0% | 13.7% | 7.2% | 24.4% | β | 1.3% | 0.1% | 1.8% | β | β |
| Stock comp / revenue | 8.5% | 92.1% | 198.0% | 595.6% | 398.8% | 151.7% | 92.0% | 94.0% | 39.1% | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | 2.0 | 4.0 | 2.0 | 3.0 | 5.0 | 3.0 | 3.0 | 4.0 | β |
| Altman Z'' | 29.6 | β2.5 | 0.2 | β21.5 | β21.4 | β23.6 | β12.4 | β19.1 | β18.0 | β19.8 |
| Accruals ratio | 1.1% | β33.1% | β28.1% | β92.0% | β49.2% | β39.5% | β32.6% | β50.6% | β14.1% | β61.6% |
Source: SEC EDGAR XBRL filings (CIK 0001630212). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.