Avidbank Financials
This page shows Avidbank (AVBH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Balance-sheet expansion in FY2025 was externally funded, while cash generation improved even as reported earnings turned negative.
The key disconnect is cash conversion versus accounting profit: net income moved from$21.0M in FY2024 to-$19.6M in FY2025, even though revenue barely changed and operating cash flow still increased. With operating cash flow reaching$39.0M and free cash flow$38.9M , the FY2025 loss looks more like an accrual-heavy earnings hit than a collapse in cash generation or liquidity.
Liquidity improved, but the bigger driver was external funding: cash ended FY2025 at
Leverage stayed structurally high even after improvement, with debt-to-equity easing to 8.1x from 11.4x as equity increased. The thicker capital cushion came alongside shares outstanding also increasing, and liabilities still funded about
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Avidbank's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Avidbank's revenue grew a modest 2.3% year-over-year to $145.8M. This slow but positive growth earns a score of 37/100.
Avidbank has elevated debt relative to equity (D/E of 8.15), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Avidbank converts 26.7% of revenue into free cash flow ($38.9M). This strong cash generation earns a score of 82/100.
Avidbank generates a -7.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is down from 11.3% the prior year.
Avidbank passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Avidbank generates $-2.00 in operating cash flow ($39.0M OCF vs -$19.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Avidbank generated $145.8M in revenue in fiscal year 2025. This represents an increase of 2.3% from the prior year.
Avidbank reported -$19.6M in net income in fiscal year 2025. This represents a decrease of 193.0% from the prior year.
Avidbank earned $-2.25 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 181.5% from the prior year.
Cash & Balance Sheet
Avidbank generated $38.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 72.0% from the prior year.
Avidbank held $154.6M in cash against $0 in long-term debt as of fiscal year 2025.
Avidbank had 11M shares outstanding in fiscal year 2025. This represents an increase of 38.5% from the prior year.
Margins & Returns
Avidbank's net profit margin was -13.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 28.2 percentage points from the prior year.
Avidbank's ROE was -7.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 18.2 percentage points from the prior year.
Capital Allocation
Avidbank invested $93K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 97.9% from the prior year.
AVBH Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $101K-99.9% | $106.9M+187.0% | $37.3M+2322.2% | $1.5M+3243.5% | $46K | N/A | $1.8M+63.0% | $1.1M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $9.6M-0.2% | $9.6M-2.0% | $9.8M+8.8% | $9.0M-1.3% | $9.1M | N/A | $8.3M+4.5% | $8.0M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $12.5M-5.8% | $13.3M-8.8% | $14.6M-4.9% | $15.4M+1.2% | $15.2M | N/A | $18.0M+2.0% | $17.7M |
| Income Tax | $3.4M+8.8% | $3.1M+120.5% | -$15.3M-712.8% | $2.5M+11.2% | $2.2M | N/A | $2.5M+75.5% | $1.4M |
| Net Income | $9.0M+29.8% | $6.9M+118.4% | -$37.7M-750.9% | $5.8M+6.6% | $5.4M | N/A | $5.8M+68.7% | $3.5M |
| EPS (Diluted) | $0.84 | N/A | $-4.12-649.3% | $0.75+5.6% | $0.71 | N/A | $0.77+67.4% | $0.46 |
AVBH Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.6B+0.4% | $2.6B+8.8% | $2.4B-1.2% | $2.4B | N/A | $2.3B | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $149.0M-3.6% | $154.6M-12.8% | $177.3M+36.5% | $129.9M | N/A | $82.7M-39.4% | $136.5M+22.2% | $111.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | $0 | $0 | N/A | $0 | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.3B+0.1% | $2.3B+9.5% | $2.1B-4.5% | $2.2B | N/A | $2.1B | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $288.4M+2.7% | $281.0M+2.9% | $273.1M+33.6% | $204.4M+4.0% | $196.6M+5.5% | $186.4M-1.1% | $188.5M+10.0% | $171.4M |
| Retained Earnings | $120.2M+8.1% | $111.2M+6.7% | $104.2M-26.6% | $141.9M | N/A | $130.7M | N/A | N/A |
AVBH Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.2M-48.3% | $16.0M+28.5% | $12.4M+93.5% | $6.4M+50.6% | $4.3M-40.1% | $7.1M+27.5% | $5.6M | N/A |
| Capital Expenditures | $9K | $0-100.0% | $35K0.0% | $35K+52.2% | $23K0.0% | $23K+276.9% | -$13K | N/A |
| Free Cash Flow | $8.2M-48.4% | $16.0M+28.9% | $12.4M+94.0% | $6.4M+50.6% | $4.2M-40.3% | $7.1M+27.4% | $5.6M | N/A |
| Investing Cash Flow | -$20.7M+91.2% | -$235.5M-424.0% | $72.7M+212.2% | -$64.8M-309.7% | $30.9M+140.8% | -$75.8M-387.2% | $26.4M | N/A |
| Financing Cash Flow | $6.9M-96.5% | $196.8M+622.0% | -$37.7M-159.6% | $63.3M+784.6% | $7.2M-51.7% | $14.8M+307.3% | -$7.1M | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $693K | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
AVBH Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 8931.7%+8925.2pp | 6.5%+107.8pp | -101.3%-478.2pp | 376.9%-11440.5pp | 11817.4% | N/A | 326.6%+10.9pp | 315.7% |
| Return on Equity | 3.1%+0.7pp | 2.5%+16.3pp | -13.8%-16.7pp | 2.8%+0.1pp | 2.8% | N/A | 3.1%+1.1pp | 2.0% |
| Return on Assets | 0.4%+0.1pp | 0.3%+1.9pp | -1.6%-1.8pp | 0.2% | N/A | N/A | N/A | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 7.94-0.2 | 8.15+0.5 | 7.65-3.1 | 10.70 | N/A | 11.37 | N/A | N/A |
| FCF Margin | 8153.5%+8138.6pp | 14.9%-18.3pp | 33.2%-381.5pp | 414.7%-8789.7pp | 9204.3% | N/A | 310.8% | N/A |
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Frequently Asked Questions
What is Avidbank's annual revenue?
Avidbank (AVBH) reported $145.8M in total revenue for fiscal year 2025. This represents a 2.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Avidbank's revenue growing?
Avidbank (AVBH) revenue grew by 2.3% year-over-year, from $142.4M to $145.8M in fiscal year 2025.
Is Avidbank profitable?
No, Avidbank (AVBH) reported a net income of -$19.6M in fiscal year 2025, with a net profit margin of -13.4%.
What is Avidbank's net profit margin?
Avidbank (AVBH) had a net profit margin of -13.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Avidbank's return on equity (ROE)?
Avidbank (AVBH) has a return on equity of -7.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Avidbank's free cash flow?
Avidbank (AVBH) generated $38.9M in free cash flow during fiscal year 2025. This represents a 72.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Avidbank's operating cash flow?
Avidbank (AVBH) generated $39.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Avidbank's total assets?
Avidbank (AVBH) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Avidbank's capital expenditures?
Avidbank (AVBH) invested $93K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Avidbank's debt-to-equity ratio?
Avidbank (AVBH) had a debt-to-equity ratio of 8.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Avidbank's return on assets (ROA)?
Avidbank (AVBH) had a return on assets of -0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Avidbank's Piotroski F-Score?
Avidbank (AVBH) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Avidbank's earnings high quality?
Avidbank (AVBH) has an earnings quality ratio of -2.00x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Avidbank?
Avidbank (AVBH) scores 22 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.