0001493152-26-006963
SEC filingENIGMATIG LTD (EGG) reported a profitable fiscal year 2025, generating $4.5M in corporate services income and a net profit of $560K. The company demonstrated strong operational efficiency with a gross margin of 68.9% and an operating margin of 12.0%. Despite net profitability, operating cash flow was negative $1.7M, primarily driven by a significant $2.1M increase in deposits. The balance sheet remains robust with $13.2M in cash and cash equivalents and total shareholders’ equity of $16.0M against total liabilities of $2.2M, indicating a low-leverage position. Financing activities provided a substantial $13.7M inflow from common stock issuance, bolstering liquidity. No prior year comparative figures were provided in the filing, limiting year-over-year trend analysis. The company's financial position is characterized by solid profitability and a strong equity base, though working capital management regarding deposits requires monitoring.
ENIGMATIG LTD reported solid financial results for the fiscal year ended September 30, 2025. The company generated corporate services income of $4.5M, leading to a gross profit of $3.1M. After accounting for total operating expenses of $2.5M, the company achieved a profit from operations of $538K. Other income net of $317K contributed to a profit before tax of $855K. Following an income tax expense of $296K, the company reported a net profit of $560K. Total comprehensive income amounted to $528K, reflecting a foreign currency translation adjustment of -$31K. The company maintained a strong equity position with total shareholders’ equity of $16.0M against total assets of $18.2M.
Revenue was derived entirely from corporate services income, which totaled $4.5M for the fiscal year. The filing does not provide a breakdown by specific business segments, geographic regions, or product lines. Cost of sales was reported at $1.4M, resulting in a gross profit of $3.1M. The lack of segment data limits the ability to identify specific growth drivers or areas of concentration within the corporate services offering. No customer concentration risks were explicitly quantified in the provided financial data.
The company exhibited strong profitability metrics. The gross margin stood at 68.9% ($3.1M gross profit / $4.5M revenue). The operating margin was 12.0% ($538K operating profit / $4.5M revenue). Total operating expenses of $2.5M were primarily composed of other operating expenses ($1.7M) and payroll and employee benefits ($547K). Depreciation expenses were minimal at $33K. The effective tax rate was approximately 34.6% ($296K expense on $855K pre-tax profit). Other income of $317K significantly bolstered the bottom line.
The balance sheet reflects a liquid and low-leverage position. Cash and cash equivalents totaled $13.2M, representing the majority of total current assets ($15.1M). Total liabilities were only $2.2M, resulting in a debt-to-equity ratio of approximately 0.14. However, operating cash flow was negative $1.7M, largely due to a $2.1M outflow for deposits. Financing activities provided $13.7M from the issuance of common stock, which was the primary driver of the $11.6M net increase in cash. Investing activities used $276K, mainly for property purchases.
The provided document text and XBRL data do not contain specific forward-looking statements, management guidance, or strategic priorities regarding future operations. The significant capital raised through equity issuance ($13.7M) suggests the company may be positioning for expansion or significant operational investments. Risk factors related to market conditions or operations were not detailed in the extracted financial data sections.