AUC ATIF Holdings Ltd

Overview and Growth

In fiscal 2024, ATIF Holdings Ltd recorded $620.00K of revenue, net loss of $3.19M, and an operating cash outflow of $120.48K. The $620.00K revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 74.7% below fiscal 2023 revenue of $2.45M, marking a top-line contraction. On a per-share basis, diluted EPS was -$0.31, which connects the reported earnings outcome with the company’s diluted share count. A diluted share base of 10.25M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The diluted share count was 6.4% higher than fiscal 2023, when diluted shares averaged 9.63M, adding context to the EPS comparison. Total assets stood at $3.01M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Asset turnover was 0.21x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Operations produced a $1.96M operating loss before non-operating and tax effects. Relative to revenue, the operating deficit measured 316.1%, showing the shortfall after operating costs. The company ended the period with a net loss of $3.19M, extending the operating result through all remaining items. Net margin was -514.8%, reflecting a loss equal to 514.8% of reported revenue. The company reported negative EBITDA of $1.85M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The pretax result was a loss of $3.19M, establishing the deficit before tax effects. The pretax loss equaled 514.2% of revenue, measuring the pre-tax deficit against sales. The company recognized $3.30K of income tax for the period, completing the transition from pretax income to net income. Relative to period-end equity, the net loss represented 182.0%. Relative to total assets, the net loss represented 105.9%. The bottom-line deficit increased from $2.88M in fiscal 2023 to $3.19M.

Liquidity and Capital Structure

At period end, the $3.01M asset base was financed through $1.26M of liabilities and $1.75M of equity. At period end, current assets of $2.90M compared with current liabilities of $988.42K, defining the company’s short-term resource position. Current assets covered current liabilities by 2.93x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $1.25M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 126.4% of current liabilities, showing how much near-term coverage came from cash alone. Equity equaled 58.2% of assets, showing the shareholder-capital layer within the company’s balance sheet. The liabilities-to-assets relationship was 41.8%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 41.5% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $3.77M in fiscal 2023, the current asset base moved 20.1% and finished lower. Book equity was 13.9% higher than fiscal 2023 equity of $1.54M, showing how shareholder capital changed year over year. Cash and equivalents were 106.2% higher than fiscal 2023 cash of $606.02K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Operating activities used $120.48K of cash, resulting in an operating cash outflow for the year. Capital spending of $5.09K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. The company recorded a $125.57K cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 20.3%. The cash deficit after capital spending represented 4.2% of the period-end asset base. Compared with a $2.33M operating cash outflow in fiscal 2023, the current outflow improved to $120.48K.

Based on the annual report for the fiscal year ending Jul 31, 2024. Analysis generated Oct 26, 2026.