Revenue
-277 USD
2025 Q4 · USD
Fundies. English
P2 Solar, Inc.
EDGARAnnual consolidated revenue for 2025: about USD 26.38K, using the latest reported figures. The previous period, 2024, was about USD 166.3K.
Latest quarter
Operating margin
10,546.93%
2025 Q4 · %
Operating cash flow
-8.2 thousand USD
2025 Q4 · USD
- Cash and cash equivalents
- Not available
- Long-term debt including current maturities
- Not available
- Shares outstanding
- 127 million shares Source
Exact value
127009013 shares
Reported share-count change
86.92% · 59.1 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
26.4 thousand USD
2024-04-01 – 2025-03-31
Net income
-34.5 thousand USD
2024-04-01 – 2025-03-31
Exact inputs and evidence
Operating cash flow
-68.8 thousand USD
2024-04-01 – 2025-03-31
Exact inputs and evidence
- Operating cash flow: -8743 USD · 2024-04-01 – 2024-06-30 Source
- Operating cash flow: -24686 USD · 2024-04-01 – 2024-09-30 Source
- Operating cash flow: -8743 USD · 2024-04-01 – 2024-06-30 Source
- Operating cash flow: -60556 USD · 2024-04-01 – 2024-12-31 Source
- Operating cash flow: -24686 USD · 2024-04-01 – 2024-09-30 Source
- Operating cash flow: -68752 USD · 2024-04-01 – 2025-03-31 Source
- Operating cash flow: -60556 USD · 2024-04-01 – 2024-12-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2025-07-16.
Financial data available through: 2025-03-31.
Coverage by financial measure
- Revenue: 4 of 11 periods available· newest 2025-03-31
- Operating income: 4 of 11 periods available· newest 2025-03-31
- Net income: 4 of 11 periods available· newest 2025-03-31
- Operating cash flow: 4 of 11 periods available· newest 2025-03-31
- capital expenditure: No compatible figures in this window
- Total assets: 4 of 11 periods available· newest 2025-03-31
- Total liabilities: 4 of 11 periods available· newest 2025-03-31
- Current assets: 4 of 11 periods available· newest 2025-03-31
- Current liabilities: 4 of 11 periods available· newest 2025-03-31
- cash and cash equivalents: No compatible figures in this window
- long term debt: No compatible figures in this window
- Shares outstanding: 4 of 11 periods available· newest 2025-03-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
-84.1%Prior period
USD 166,288
–
Current period
USD 26,382
–
Exact inputs and evidence
26382 − 166288 = -139906 USD
166288 USD · 2023-04-01 – 2024-03-31
Inspect prior input Prior source26382 USD · 2024-04-01 – 2025-03-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 113,934Prior period
−USD 148,426
–
Current period
−USD 34,492
–
Exact inputs and evidence
-34492 − -148426 = 113934 USD
-148426 USD · 2023-04-01 – 2024-03-31
Inspect prior input Prior source-34492 USD · 2024-04-01 – 2025-03-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−USD 41,080Prior period
−USD 27,672
–
Current period
−USD 68,752
–
Exact inputs and evidence
-68752 − -27672 = -41080 USD
-27672 USD · 2023-04-01 – 2024-03-31
Inspect prior input Prior source-68752 USD · 2024-04-01 – 2025-03-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2024-04-01 – 2025-03-31
- Revenue USD 26,382 100% of revenue
- Cost of revenue USD 4,379 17% of revenue
- Operating expenses USD 125,329 475% of revenue
- Operating income −USD 103,326 −392% of revenue
- Tax, interest and other Derived −USD 68,834 −261% of revenue
- Net income −USD 34,492 −131% of revenue
Cash
- Operating cash flow −USD 68,752 −261% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2022 Not shown: operating income or net income is not reported.
- 2023 Not shown: operating income or net income is not reported.
- 2024 Operating loss: operating costs were 169% of revenue.
- 2025 Operating loss: operating costs were 492% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2022 2021-04-01 – 2022-03-31 | 0 | 93214 Derived | -93214 | 26624 Derived | -119838 | Unavailable | Source
|
| 2023 2022-04-01 – 2023-03-31 | 0 | 88487 Derived | -88487 | 89041 Derived | -177528 | Unavailable | Source
|
| 2024 2023-04-01 – 2024-03-31 | 166288 | 281229 Derived | -114941 | 33485 Derived | -148426 | Unavailable | Source
|
| 2025 2024-04-01 – 2025-03-31 | 26382 | 129708 Derived | -103326 | -68834 Derived | -34492 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 26.4K 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2022 | Revenue | 0 |
|
| 2023 | Revenue | 0 |
|
| 2024 | Revenue | 166288 |
|
| 2025 | Revenue | 26382 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
-84.1% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022 | Year over year | No prior comparable period |
|
| 2023 | Year over year | No prior comparable period |
|
| 2024 | Year over year | No prior comparable period |
|
| 2025 | Year over year | -84.1% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -391.7% 2025
Net margin -130.7% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022 | Operating margin | Not reported |
|
| 2023 | Operating margin | Not reported |
|
| 2024 | Operating margin | -69.1% |
|
| 2025 | Operating margin | -391.7% |
|
| 2022 | Net margin | Not reported |
|
| 2023 | Net margin | Not reported |
|
| 2024 | Net margin | -89.3% |
|
| 2025 | Net margin | -130.7% |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD -68.8K 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2022 | Operating cash flow | -24136 |
|
| 2023 | Operating cash flow | -54888 |
|
| 2024 | Operating cash flow | -27672 |
|
| 2025 | Operating cash flow | -68752 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
1,086% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022 | Liabilities / assets | 7,242.8% |
|
| 2023 | Liabilities / assets | 1,674.3% |
|
| 2024 | Liabilities / assets | 1,699% |
|
| 2025 | Liabilities / assets | 1,086% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.01× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022 | Current assets / current liabilities | 0.01× |
|
| 2023 | Current assets / current liabilities | 0.01× |
|
| 2024 | Current assets / current liabilities | 0.01× |
|
| 2025 | Current assets / current liabilities | 0.01× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2022 2021-04-01 – 2022-03-31 | −USD 119,838 Exact valueExact value: -119838 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 24,136 Exact valueExact value: -24136 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2022-04-01 – 2023-03-31 | −USD 177,528 Exact valueExact value: -177528 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 54,888 Exact valueExact value: -54888 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2023-04-01 – 2024-03-31 | −USD 148,426 Exact valueExact value: -148426 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 27,672 Exact valueExact value: -27672 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2024-04-01 – 2025-03-31 | −USD 34,492 Exact valueExact value: -34492 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 68,752 Exact valueExact value: -68752 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
62 filings · 1,169 latest values · 1,169 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001172069, 1172069, PTOS, edgar:1172069
Also known as NATCO INTERNATIONAL INC., P2 SOLAR, INC., P2 Solar, Inc., SPECTRUM INTERNATIONAL INC