PETZ Nasdaq Real Estate Agents & Managers (For Others) Financials FY2016βFY2025
TDH Holdings, Inc. had $1.3M of revenue in fiscal 2025, up 122.0% on the year before. Over five years, revenue changed +15.0% a year on average.
Hi! I read TDH Holdings, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+122.0%
Yes. Sales grew 122.0% last year.
Does it make a profit?
143.8%
Yes. It keeps 143.8% of every sale as profit.
Does profit turn into cash?
β161.8%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 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 TDH Holdings, Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
April 19, 2027
Monday Β· in 175 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| Apr 20, 2026 | Period ended Dec 31, 2025 | After the market closes | 20-F β |
| Apr 28, 2025 | Period ended Dec 31, 2024 | Before the market opens | 20-F β |
| Apr 29, 2024 | Period ended Dec 31, 2023 | After the market closes | 20-F β |
| Apr 25, 2023 | Period ended Dec 31, 2022 | After the market closes | 20-F β |
| Apr 29, 2022 | Period ended Dec 31, 2021 | After the market closes | 20-F β |
| Apr 26, 2021 | Period ended Dec 31, 2020 | After the market closes | 20-F β |
| Jun 15, 2020 | Period ended Dec 31, 2019 | After the market closes | 20-F β |
| May 15, 2019 | Period ended Dec 31, 2018 | 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· TDH Holdings, Inc. had $1.3M of revenue in fiscal 2025, up 122.0% on the year before. Over five years, revenue changed +15.0% a year on average. Its operating margin was β146.3%, up 178.8Β pts: of every 100 in sales, about β146 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· TDH Holdings, Inc. made $1.8M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 3.0% a year.
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?
KIRA Β· Free cash flow was β$2.0M in fiscal 2025, β161.8% of revenue.
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?
Cash, debt and the ratios that show how comfortably TDH Holdings, Inc. 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 | $22.5M | $29.9M | $26.4M | $28.7M | $33.7M |
| Interest coverage | β252.5x | β | β432.6x | β | β |
| Current ratio | 1.6x | 2.3x | 8.0x | 6.9x | 5.1x |
| Quick ratio | 1.6x | 2.3x | 8.0x | 6.9x | 5.1x |
| Total assets | $32.0M | $36.5M | $28.9M | $33.3M | $40.3M |
| Total liabilities | $24.5M | $15.4M | $3.9M | $5.9M | $9.6M |
| Shareholders' equity | $13.0M | $20.7M | $24.6M | $27.3M | $30.6M |
| Net debt (β = net cash) | β | β | β | 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)
KIRA Β· TDH Holdings, Inc. passes 3 of 8 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 | 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 / 7 | 1 / 7 | 4 / 8 | 4 / 8 | 3 / 8 | 3 / 8 | 3 / 8 | 5 / 8 | 3 / 8 |
| Accruals ratio | 18.9% | 16.9% | β64.7% | β18.4% | 7.6% | β11.2% | 8.4% | β70.5% | 9.4% | 9.7% |
| Altman Z'' | 1.68 | 1.54 | β12.28 | β10.98 | β7.31 | β0.82 | 1.77 | 7.68 | 6.96 | 5.85 |
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 | $24.4M | $29.0M | $23.7M | $12.6M | $0.6M | $1.1M | $0.0M | $0.0M | $0.6M | $1.3M |
| Provision for credit losses | β | β | β | β | β | β | $0.1M | $0.1M | β | β |
| Gross profit | $7.1M | $8.3M | β$4.1M | β$1.5M | $0.2M | $0.3M | β$0.1M | β$0.0M | $0.2M | β$0.0M |
| Research and development | $1.1M | $1.1M | $1.1M | β | β | β | β | β | β | β |
| Operating income | $1.2M | $0.3M | β$14.0M | β$7.0M | β$0.5M | β$3.7M | β$3.0M | β$6.2M | β$1.8M | β$1.8M |
| Interest expense | $0.1M | $0.1M | $0.2M | $1.4M | $1.2M | $0.0M | β$0.0M | $0.0M | β | β |
| Pretax income | $1.1M | $0.1M | β$14.2M | β$8.6M | $1.7M | β$4.1M | $1.1M | β$8.4M | $1.9M | $1.8M |
| Income tax | $0.1M | β$0.1M | β | β | β$0.0M | β | β | β | $0.0M | β |
| Net income | $1.0M | $0.1M | β$14.2M | β$8.6M | β$0.9M | β$6.1M | $0.8M | β$23.6M | $2.7M | $1.8M |
| Net income to common | β | β | β | β$8.6M | β$0.9M | β$6.7M | $0.9M | β | β | β |
| Diluted EPS | $0.13 | $0.01 | β$1.49 | β$0.41 | β$0.38 | β$1.17 | $0.10 | β$2.29 | $0.26 | $0.17 |
| Diluted shares | β | β | 0.01B | 0.02B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | β$1.5M | β$2.7M | β$2.2M | β$5.6M | β$2.2M | β$3.3M | β$2.1M | β$0.6M | β$0.2M | β$1.8M |
| Capital expenditure | $0.0M | $0.2M | $5.6M | $0.1M | $0.0M | β | β | $0.0M | $1.9M | $0.2M |
| Free cash flow | β$1.5M | β$2.9M | β$7.8M | β$5.7M | β$2.2M | β | β | β$0.6M | β$2.1M | β$2.0M |
| Depreciation and amortization | $0.3M | $0.4M | $0.4M | $0.6M | $0.1M | $0.5M | $0.0M | $0.0M | $0.1M | $0.2M |
| Stock-based compensation | β | β | β | β | β | β | β | $3.0M | β | β |
| Acquisitions | β | β | β$0.0M | β | β | β$0.2M | β | β | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $1.1M | $2.3M | $0.9M | $5.1M | $9.7M | $22.5M | $29.9M | $26.4M | $28.7M | $33.7M |
| Total debt | β | β | $0.1M | β | β | β | β | β | β | β |
| Deposits | β | β | $1.3M | $0.7M | $0.7M | β | β | β | β | β |
| Current assets | $9.8M | $15.6M | $7.8M | $7.2M | $10.5M | $31.1M | $33.8M | $27.2M | $28.8M | $34.1M |
| Current liabilities | $9.0M | $8.7M | $19.1M | $14.5M | $19.1M | $19.7M | $14.7M | $3.4M | $4.2M | $6.7M |
| Inventory | $6.0M | $3.0M | $3.0M | $0.5M | $0.2M | $0.1M | $0.0M | β | $0.0M | $0.1M |
| Property and equipment, net | $3.3M | $3.5M | $8.4M | $6.6M | $6.6M | $0.8M | $0.7M | $0.7M | $2.4M | $2.4M |
| Intangible assets | β | β | β | $1.0M | $1.0M | $0.7M | $0.5M | $0.4M | β | β |
| Total assets | $13.2M | $19.8M | $17.4M | $15.1M | $18.5M | $32.0M | $36.5M | $28.9M | $33.3M | $40.3M |
| Total liabilities | $9.0M | $8.7M | $19.4M | $14.7M | $19.3M | $24.5M | $15.4M | $3.9M | $5.9M | $9.6M |
| Shareholders' equity | $4.3M | $11.1M | β$1.9M | $0.3M | β$0.9M | $13.0M | $20.7M | $24.6M | $27.3M | $30.6M |
| Margins | ||||||||||
| Gross margin | 28.9% | 28.6% | β17.1% | β12.0% | 27.8% | 28.8% | β327.1% | β25.0% | 42.3% | β0.9% |
| Operating margin | 4.7% | 0.9% | β59.3% | β55.0% | β79.7% | β338.6% | β12,308.5% | β773,187.5% | β325.1% | β146.3% |
| EBITDA margin | 5.8% | 2.2% | β57.7% | β50.5% | β68.1% | β295.4% | β12,239.3% | β770,362.5% | β305.3% | β128.6% |
| Net margin | 4.1% | 0.4% | β60.1% | β68.2% | β140.4% | β566.1% | 3,253.8% | β2,953,275.0% | 476.2% | 143.8% |
| FCF margin | β6.1% | β10.0% | β33.0% | β45.4% | β353.9% | β | β | β71,512.5% | β375.3% | β161.8% |
| Returns | ||||||||||
| Return on capital employed | 27.0% | 2.4% | 819.3% | β1,112.8% | 80.3% | β29.5% | β13.9% | β24.2% | β6.3% | β5.5% |
| Return on equity | 23.7% | 1.5% | β308.7% | β | β | β101.2% | 4.8% | β104.2% | 10.3% | 6.2% |
| Return on assets | 7.6% | 0.7% | β76.4% | β53.1% | β5.2% | β24.2% | 2.3% | β72.2% | 8.6% | 4.9% |
| Return on tangible equity | 23.7% | 1.0% | β | β | β | β54.5% | 4.2% | β97.7% | 9.8% | 5.9% |
| Growth | ||||||||||
| Revenue growth | β | 18.6% | β18.3% | β46.6% | β95.1% | 73.6% | β97.7% | β96.8% | 70,362.5% | 122.0% |
| Net income growth | β | β88.6% | β12,453.8% | β | β | β | β | β3,039.7% | β | β33.0% |
| EPS growth | β | β92.3% | β15,000.0% | β | β | β | β | β2,390.0% | β | β34.6% |
| Share count change | β | β | β | 119.9% | β89.1% | 127.6% | 53.7% | 28.7% | 0.0% | 0.0% |
| Financial health | ||||||||||
| Interest coverage | 11.3x | 3.2x | β60.2x | β5.0x | β0.4x | β252.5x | β | β432.6x | β | β |
| Current ratio | 1.1x | 1.8x | 0.4x | 0.5x | 0.6x | 1.6x | 2.3x | 8.0x | 6.9x | 5.1x |
| Quick ratio | 0.4x | 1.5x | 0.2x | 0.5x | 0.5x | 1.6x | 2.3x | 8.0x | 6.9x | 5.1x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.0% | 0.8% | 23.8% | 1.0% | 7.6% | β | β | 962.5% | 333.8% | 19.5% |
| Stock comp / revenue | β | β | β | β | β | β | β | 380,000.0% | β | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | 2.0 | 1.0 | 4.0 | 4.0 | 3.0 | 3.0 | 3.0 | 5.0 | 3.0 |
| Altman Z'' | 1.7 | 1.5 | β12.3 | β11.0 | β7.3 | β0.8 | 1.8 | 7.7 | 7.0 | 5.8 |
| Accruals ratio | 18.9% | 16.9% | β64.7% | β18.4% | 7.6% | β11.2% | 8.4% | β70.5% | 9.4% | 9.7% |
Source: SEC EDGAR XBRL filings (CIK 0001684425). 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.
