PDC Nasdaq Services-Computer Programming Services Financials FY2021βFY2026
Perpetuals.com Ltd had $1.7M of revenue in fiscal 2026, down 41.9% on the year before. Over five years, revenue changed β3.7% a year on average.
Hi! I read Perpetuals.com Ltdβs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
β41.9%
No. Sales fell 41.9% last year.
Does it make a profit?
β1,069.9%
No. It lost money last year.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
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 Perpetuals.com Ltd did it, and the next one. Share prices often move a lot on those days.
Next results
December 15, 2026
Tuesday Β· in 51 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Sep 15, 2026 | Period ended Apr 30, 2026 | After the market closes | 20-F β |
| Aug 27, 2025 | Period ended Apr 30, 2025 | After the market closes | 20-F β |
| Aug 26, 2024 | Period ended Apr 30, 2024 | After the market closes | 20-F β |
| Sep 15, 2023 | Period ended Apr 30, 2023 | After the market closes | 20-F β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Perpetuals.com Ltd had $1.7M of revenue in fiscal 2026, down 41.9% on the year before. Over five years, revenue changed β3.7% a year on average. Its operating margin was β1,073.4%, down 1,017.6Β pts: of every 100 in sales, about β1,073 is left after running the business.
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
Margins, % of revenue
KIRA Β· Perpetuals.com Ltd lost $18.0M in fiscal 2026.
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
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
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?
KIRA Β· Perpetuals.com Ltd has $0.7M more cash than debt.
Cash, debt and the ratios that show how comfortably Perpetuals.com Ltd 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 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $5.1M | $1.3M | $2.2M | $0.8M | $0.9M |
| Debt incl. finance leases | $0.4M | $1.4M | $1.1M | $0.3M | $0.2M |
| Debt / equity | 0.1x | 0.9x | 0.5x | 0.7x | 0.0x |
| Interest coverage | β546.6x | β166.0x | β111.5x | β138.6x | β325.0x |
| Current ratio | 6.6x | 1.3x | 2.7x | 1.7x | 0.1x |
| Quick ratio | 6.6x | 1.3x | 2.7x | 1.7x | 0.1x |
| Total assets | $5.8M | $3.3M | $3.7M | $1.3M | $65.3M |
| Total liabilities | $1.2M | $1.8M | $1.6M | $0.8M | $17.5M |
| Shareholders' equity | $4.5M | $1.5M | $2.1M | $0.5M | $45.8M |
| Net debt (β = net cash) | β$4.7M | $0.1M | β$1.1M | β$0.4M | β$0.7M |
KIRA Β· Its return on capital was β31.7%: every 100 invested in the business earned about β32 in a year.
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)
KIRA Β· Perpetuals.com Ltd passes 4 of 9 financial health tests (Piotroski F-score).
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β |
| F-score | β / 3 | β / 5 | 1 / 9 | 5 / 9 | 3 / 9 | 4 / 9 |
| Accruals ratio | β | β106.8% | 2.8% | 11.3% | β17.1% | β41.5% |
| Altman Z'' | β | β2.02 | β15.48 | β10.45 | β42.84 | β1.86 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $2.0M | $4.1M | $0.3M | $1.2M | $2.9M | $1.7M |
| Net interest income | β$0.0M | β$0.0M | β$0.0M | β | β | β |
| Gross profit | $1.7M | $3.1M | $0.1M | $1.0M | $1.5M | $1.0M |
| Research and development | $0.2M | $0.2M | $0.8M | $0.5M | $0.3M | $0.2M |
| Operating income | β$0.8M | β$5.0M | β$2.9M | β$2.6M | β$1.6M | β$18.1M |
| Interest expense | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M |
| Pretax income | β$0.8M | β$5.0M | β$2.9M | β$2.3M | β$1.7M | β$18.0M |
| Income tax | β$0.1M | $0.3M | β$0.1M | β$0.0M | β | β |
| Net income | β$0.7M | β$5.3M | β$2.8M | β$2.3M | β$1.7M | β$18.0M |
| Diluted EPS | β$0.05 | β$0.38 | β$0.20 | β$0.16 | β$0.11 | β$1.03 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B |
| Cash flow | ||||||
| Cash from operations | $0.3M | $0.9M | β$2.9M | β$2.7M | β$1.3M | β$4.2M |
| Capital expenditure | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | β |
| Free cash flow | $0.3M | $0.9M | β$2.9M | β$2.7M | β$1.3M | β |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.2M |
| Stock-based compensation | $0.5M | $5.9M | $0.0M | $0.0M | β | β |
| Acquisitions | β | β | β | β | β | $3.6M |
| Balance sheet | ||||||
| Cash and short-term investments | $3.3M | $5.1M | $1.3M | $2.2M | $0.8M | $0.9M |
| Total debt | β | $0.4M | $1.4M | $1.1M | $0.3M | $0.2M |
| Deposits | β | $5.1M | $1.3M | β | β | β |
| Current assets | β | $5.7M | $1.7M | $3.4M | $1.0M | $1.6M |
| Current liabilities | β | $0.9M | $1.3M | $1.2M | $0.6M | $13.2M |
| Property and equipment, net | β | $0.0M | $0.0M | $0.0M | $0.0M | $0.7M |
| Goodwill | β | β | β | β | β | $62.4M |
| Intangible assets | β | β | β | β | $0.1M | $0.1M |
| Total assets | β | $5.8M | $3.3M | $3.7M | $1.3M | $65.3M |
| Total liabilities | β | $1.2M | $1.8M | $1.6M | $0.8M | $17.5M |
| Preferred stock | β | β | β | β | β | $21.7M |
| Shareholders' equity | $3.0M | $4.5M | $1.5M | $2.1M | $0.5M | $45.8M |
| Margins | ||||||
| Gross margin | 84.5% | 76.6% | 34.5% | 79.0% | 51.6% | 59.5% |
| Operating margin | β41.2% | β123.4% | β834.0% | β212.7% | β55.8% | β1,073.4% |
| EBITDA margin | β41.2% | β123.3% | β832.3% | β212.1% | β55.4% | β1,063.7% |
| Net margin | β32.6% | β129.9% | β820.8% | β187.4% | β58.3% | β1,069.9% |
| FCF margin | 15.7% | 21.4% | β861.8% | β219.8% | β43.6% | β |
| Net interest share of revenue | β0.7% | β0.3% | β5.8% | β | β | β |
| Returns | ||||||
| Return on capital | β | β | β139.5% | β204.7% | β1,172.8% | β31.7% |
| Return on capital employed | β | β102.0% | β140.2% | β107.1% | β214.9% | β34.7% |
| Return on equity | β22.4% | β141.0% | β92.5% | β126.4% | β129.0% | β78.0% |
| Return on assets | β | β91.5% | β61.6% | β65.7% | β67.7% | β54.1% |
| Return on tangible equity | β22.4% | β116.5% | β183.3% | β109.2% | β381.8% | β |
| Growth | ||||||
| Revenue growth | β | 100.1% | β91.6% | 258.4% | 136.7% | β41.9% |
| FCF growth | β | 173.1% | β438.1% | β | β | β |
| Share count change | β | 3.0% | 0.2% | 6.7% | 2.1% | 16.1% |
| Financial health | ||||||
| Debt / equity | β | 0.1x | 0.9x | 0.5x | 0.7x | 0.0x |
| Interest coverage | β72.4x | β546.6x | β166.0x | β111.5x | β138.6x | β325.0x |
| Current ratio | β | 6.6x | 1.3x | 2.7x | 1.7x | 0.1x |
| Quick ratio | β | 6.6x | 1.3x | 2.7x | 1.7x | 0.1x |
| Capital allocation | ||||||
| Capex / revenue | 0.3% | 0.2% | 3.5% | 0.2% | 0.1% | β |
| Stock comp / revenue | 25.9% | 144.5% | 4.4% | 0.9% | β | β |
| Quality scores | ||||||
| Piotroski F-score | β | β | 1.0 | 5.0 | 3.0 | 4.0 |
| Altman Z'' | β | β2.0 | β15.5 | β10.4 | β42.8 | β1.9 |
| Accruals ratio | β | β106.8% | 2.8% | 11.3% | β17.1% | β41.5% |
Source: SEC EDGAR XBRL filings (CIK 0001944399). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in JPY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. The ADS ratio could not be read from the filing, so market cap and valuation are not shown. For information only β not investment advice. Check the original filings before relying on any figure.
