Hexindai Inc.

EDGAR

Annual consolidated revenue for 2026: about uref_314605034 13.83M, using the latest reported figures. The previous period, 2025, was about uref_314605034 14.78M.

Watchlist

Latest fiscal year

Revenue

13.8 million uref_314605034

2026 · uref_314605034

Exact inputs and evidence
  • Revenue: 13831904 uref_314605034 Source

Operating margin

-149.66%

2026 · %

Exact inputs and evidence
  • Operating Income: -20700332 uref_314605034 Source
  • Revenue: 13831904 uref_314605034 Source

Operating cash flow

-12.8 million uref_314605034

2026 · uref_314605034

Exact inputs and evidence
  • Operating Cash Flow: -12800000 uref_314605034 Source

Free cash flow

-12.8 million uref_314605034

2026 · uref_314605034

Exact inputs and evidence
  • Operating Cash Flow: -12800000 uref_314605034 Source
  • Capital Expenditure: 1638 uref_314605034 Source
Cash and cash equivalents
200 thousand uref_314605034 Source
Exact value

200000 uref_314605034

Long-term debt including current maturities
Not available
Shares outstanding
1.66 billion shares Source
Exact value

1655583530 shares

Reported share-count change

278.70% · 1.22 billion 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.

Exact inputs and evidence
  • 437170960 shares · 2024-03-31· Source
  • 1655583530 shares · 2025-03-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-07-23.

Financial data available through: 2026-03-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2026-03-31
  • Operating income: 3 of 11 periods available· newest 2026-03-31
  • Net income: 3 of 11 periods available· newest 2026-03-31
  • Operating cash flow: 3 of 11 periods available· newest 2026-03-31
  • Capital expenditure: 2 of 11 periods available· newest 2026-03-31
  • Total assets: 2 of 11 periods available· newest 2026-03-31
  • Total liabilities: 2 of 11 periods available· newest 2026-03-31
  • Current assets: 2 of 11 periods available· newest 2026-03-31
  • Current liabilities: 2 of 11 periods available· newest 2026-03-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2026-03-31
  • 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

    -6.4%

    Prior period

    uref_314605034 14.78 million

    –

    Current period

    uref_314605034 13.83 million

    –

    Exact inputs and evidence

    13831904 − 14777798 = -945894 uref_314605034

    14777798 uref_314605034 · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    13831904 uref_314605034 · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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  • Net income

    +uref_314605034 116.31 million

    Prior period

    −uref_314605034 134.98 million

    –

    Current period

    −uref_314605034 18.67 million

    –

    Exact inputs and evidence

    -18671610 − -134977369 = 116305759 uref_314605034

    -134977369 uref_314605034 · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    -18671610 uref_314605034 · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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  • Operating cash flow

    -1,187.4%

    Prior period

    uref_314605034 1.18 million

    –

    Current period

    −uref_314605034 12.8 million

    –

    Exact inputs and evidence

    -12800000 − 1177163 = -13977163 uref_314605034

    1177163 uref_314605034 · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    -12800000 uref_314605034 · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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  • Capital expenditure

    -98.9%

    Prior period

    uref_314605034 154,460

    –

    Current period

    uref_314605034 1,638

    –

    Exact inputs and evidence

    1638 − 154460 = -152822 uref_314605034

    154460 uref_314605034 · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    1638 uref_314605034 · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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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.

2026 2025-04-01 – 2026-03-31

  • Revenue uref_314605034 13.83 million 100% of revenue
  • Cost of revenue uref_314605034 13.84 million 100% of revenue
  • Operating expenses uref_314605034 20.69 million 150% of revenue
  • Operating income −uref_314605034 20.7 million −150% of revenue
  • Tax, interest and other Derived −uref_314605034 2.03 million −15% of revenue
  • Net income −uref_314605034 18.67 million −135% of revenue

Cash

  • Operating cash flow −uref_314605034 12.8 million −93% of revenue
  • Capital expenditure uref_314605034 1,638 0% of revenue
  • Free cash flow Derived −uref_314605034 12.8 million −93% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2024 Operating loss: operating costs were 458% of revenue.
  • 2025 Operating loss: operating costs were 1,225% of revenue.
  • 2026 Operating loss: operating costs were 250% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2024 2023-04-01 – 2024-03-312414338 11052378 Derived -8638040 820744 Derived -9458784 Unavailable
Source
2025 2024-04-01 – 2025-03-3114777798 181082150 Derived -166304352 -31326983 Derived -134977369 1022703 Derived
Source
2026 2025-04-01 – 2026-03-3113831904 34532236 Derived -20700332 -2028722 Derived -18671610 -12801638 Derived
Source

Amounts are exact, in uref_314605034.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

uref_314605034 13.8M 2026
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16.0M12.0M8.0M4.0M0.0202420252026
Values and sources
Revenue values and source evidence
PeriodSeriesValue(uref_314605034)Source evidence
2024Revenue2414338
2025Revenue14777798
2026Revenue13831904

Revenue growth

Change in revenue from the same financial period one year earlier.

-6.4% 2026
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.554%403%253%102%-48%202420252026
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2024Year over yearNo prior comparable period
2025Year over year512.1%
2026Year over year-6.4%

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 -149.7% 2026
Net margin -135% 2026
Free cash flow margin -92.6% 2026
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.98%-231%-559%-888%-1,216%202420252026
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2024Operating margin-357.8%
2025Operating margin-1,125.4%
2026Operating margin-149.7%
2024Net margin-391.8%
2025Net margin-913.4%
2026Net margin-135%
2024Free cash flow marginNot reported
2025Free cash flow margin6.9%
2026Free cash flow margin-92.6%

Operating cash flow

Cash generated by the company’s normal business operations.

uref_314605034 -12.8M 2026
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.5M-1.6M-5.7M-9.8M-13.9M202420252026
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(uref_314605034)Source evidence
2024Operating cash flow1351240
2025Operating cash flow1177163
2026Operating cash flow-12800000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

uref_314605034 -12.8M 2026
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.1M-1.9M-5.9M-9.9M-13.9M202420252026
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(uref_314605034)Source evidence
2024Free cash flowUnavailable
2025Free cash flow1022703
2026Free cash flow-12801638

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.

4.6% 2026
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.9%6.0%4.0%2.0%0.0%2024-03-3120252026
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2024-03-31Liabilities / assetsNot reportedNo source recorded
2025Liabilities / assets7.4%
2026Liabilities / assets4.6%

Current assets to current liabilities

Current assets divided by current liabilities.

21.77× 2026
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.23.51×17.63×11.75×5.88×0.00×2024-03-3120252026
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2024-03-31Current assets / current liabilitiesNot reportedNo source recorded
2025Current assets / current liabilities14.2×
2026Current assets / current liabilities21.77×

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.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2024 2023-04-01 – 2024-03-31
−uref_314605034 9.46 million
Exact value

Exact value: -9458784 uref_314605034

2023-04-01 – 2024-03-31: -9458784 uref_314605034 Inspect Net Income Open source
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uref_314605034 1.35 million
Exact value

Exact value: 1351240 uref_314605034

2023-04-01 – 2024-03-31: 1351240 uref_314605034 Inspect Operating Cash Flow Open source
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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
−uref_314605034 134.98 million
Exact value

Exact value: -134977369 uref_314605034

2024-04-01 – 2025-03-31: -134977369 uref_314605034 Inspect Net Income Open source
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uref_314605034 1.18 million
Exact value

Exact value: 1177163 uref_314605034

2024-04-01 – 2025-03-31: 1177163 uref_314605034 Inspect Operating Cash Flow Open source
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uref_314605034 154,460
Exact value

Exact value: 154460 uref_314605034

2024-04-01 – 2025-03-31: 154460 uref_314605034 Inspect Capital Expenditure Open source
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uref_314605034 1.02 million
Calculation and evidence

1177163 − 154460 uref_314605034

Exact free cash flow: 1022703 uref_314605034

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2026 2025-04-01 – 2026-03-31
−uref_314605034 18.67 million
Exact value

Exact value: -18671610 uref_314605034

2025-04-01 – 2026-03-31: -18671610 uref_314605034 Inspect Net Income Open source
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−uref_314605034 12.8 million
Exact value

Exact value: -12800000 uref_314605034

2025-04-01 – 2026-03-31: -12800000 uref_314605034 Inspect Operating Cash Flow Open source
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uref_314605034 1,638
Exact value

Exact value: 1638 uref_314605034

2025-04-01 – 2026-03-31: 1638 uref_314605034 Inspect Capital Expenditure Open source
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−uref_314605034 12.8 million
Calculation and evidence

-12800000 − 1638 uref_314605034

Exact free cash flow: -12801638 uref_314605034

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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.

109 filings · 1,300 latest values · 1,300 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001702318, 1702318, AHG, edgar:1702318

Also known as Akso Health Group, Hexindai Inc., Xiaobai Maimai Inc.