Hub Cyber Security Israel Ltd Financials
This page shows Hub Cyber Security Israel Ltd (HUBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
FY2024 ran on external funding as operating cash burn and a short-term liability load outweighed a smaller revenue base.
In FY2024, financing inflows of$17.2M almost matched operating cash burn of$17.1M , so fresh capital mainly replaced cash consumed by the core business rather than funding growth. That is reinforced by minimal capex: free cash flow was-$17.2M , nearly identical to operating cash flow, which means the drain came from operations, not from building out assets.
The balance-sheet pressure is near term, not primarily long-term borrowing: FY2024 current liabilities were
Losses narrowed even as sales contracted between FY2022 and FY2024: revenue fell from
Financial Health Signals
Based on FY2024 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 Hub Cyber Security Israel Ltd'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.
Hub Cyber Security Israel Ltd's revenue declined 30.7% year-over-year, from $42.7M to $29.6M. This contraction results in a growth score of 0/100.
Hub Cyber Security Israel Ltd carries a low D/E ratio of -0.01, meaning only $-0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
Hub Cyber Security Israel Ltd's current ratio of 0.17 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Hub Cyber Security Israel Ltd generated -$17.1M in operating cash flow, capex of $84K consumed most of it, leaving -$17.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Hub Cyber Security Israel Ltd passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Hub Cyber Security Israel Ltd generates $0.44 in operating cash flow (-$17.1M OCF vs -$39.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Hub Cyber Security Israel Ltd generated $29.6M in revenue in fiscal year 2024. This represents a decrease of 30.7% from the prior year.
Hub Cyber Security Israel Ltd reported -$39.0M in net income in fiscal year 2024. This represents an increase of 54.9% from the prior year.
Hub Cyber Security Israel Ltd earned $-14.30 per diluted share (EPS) in fiscal year 2024. This represents an increase of 83.8% from the prior year.
Cash & Balance Sheet
Hub Cyber Security Israel Ltd generated -$17.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 4.2% from the prior year.
Hub Cyber Security Israel Ltd held $3.1M in cash against $1.2M in long-term debt as of fiscal year 2024.
Margins & Returns
Hub Cyber Security Israel Ltd's net profit margin was -132.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 71.1 percentage points from the prior year.
Capital Allocation
Hub Cyber Security Israel Ltd invested $84K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 71.7% from the prior year.
HUBC Income Statement
| Metric | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
HUBC Balance Sheet
| Metric | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|
| Total Assets | $27.4M-4.3% | $28.6M-12.1% | $32.6M-56.4% | $74.8M-38.1% | $120.7M |
| Current Assets | $18.4M+0.3% | $18.3M-8.8% | $20.1M-39.4% | $33.2M-33.3% | $49.8M |
| Cash & Equivalents | $3.1M+163.9% | $1.2M-66.8% | $3.5M-11.8% | $4.0M-71.4% | $14.0M |
| Inventory | N/A | N/A | N/A | $1.9M+3.4% | $1.8M |
| Accounts Receivable | N/A | N/A | $11.0M-55.6% | $24.7M | N/A |
| Goodwill | $1.9M-21.3% | $2.4M-3.5% | $2.5M-82.0% | $13.7M-57.2% | $32.0M |
| Total Liabilities | $108.2M+23.0% | $88.0M+5.6% | $83.3M+26.3% | $66.0M+20.1% | $55.0M |
| Current Liabilities | $106.1M+24.1% | $85.5M+6.2% | $80.5M+39.2% | $57.8M+52.4% | $38.0M |
| Long-Term Debt | $1.2M-20.3% | $1.5M-11.2% | $1.7M-65.7% | $5.0M-17.6% | $6.1M |
| Total Equity | -$80.8M-36.1% | -$59.4M-17.1% | -$50.7M-675.9% | $8.8M-86.6% | $65.8M |
| Retained Earnings | -$226.2M-5.9% | -$213.6M-14.5% | -$186.5M-88.3% | -$99.0M-467.7% | -$17.4M |
HUBC Cash Flow Statement
| Metric | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
HUBC Financial Ratios
| Metric | Q4'24 | Q2'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 0.17-0.0 | 0.21-0.0 | 0.25-0.3 | 0.57-0.7 | 1.31 |
| Debt-to-Equity | -0.01+0.0 | -0.030.0 | -0.03-0.6 | 0.57+0.5 | 0.09 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$80.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.17), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Hub Cyber Security Israel Ltd's annual revenue?
Hub Cyber Security Israel Ltd (HUBC) reported $29.6M in total revenue for fiscal year 2024. This represents a -30.7% 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 Hub Cyber Security Israel Ltd's revenue growing?
Hub Cyber Security Israel Ltd (HUBC) revenue declined by 30.7% year-over-year, from $42.7M to $29.6M in fiscal year 2024.
Is Hub Cyber Security Israel Ltd profitable?
No, Hub Cyber Security Israel Ltd (HUBC) reported a net income of -$39.0M in fiscal year 2024, with a net profit margin of -132.0%.
How much debt does Hub Cyber Security Israel Ltd have?
As of fiscal year 2024, Hub Cyber Security Israel Ltd (HUBC) had $3.1M in cash and equivalents against $1.2M in long-term debt.
What is Hub Cyber Security Israel Ltd's net profit margin?
Hub Cyber Security Israel Ltd (HUBC) had a net profit margin of -132.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Hub Cyber Security Israel Ltd's free cash flow?
Hub Cyber Security Israel Ltd (HUBC) generated -$17.2M in free cash flow during fiscal year 2024. This represents a -4.2% 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 Hub Cyber Security Israel Ltd's operating cash flow?
Hub Cyber Security Israel Ltd (HUBC) generated -$17.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Hub Cyber Security Israel Ltd's total assets?
Hub Cyber Security Israel Ltd (HUBC) had $27.4M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Hub Cyber Security Israel Ltd's capital expenditures?
Hub Cyber Security Israel Ltd (HUBC) invested $84K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Hub Cyber Security Israel Ltd's current ratio?
Hub Cyber Security Israel Ltd (HUBC) had a current ratio of 0.17 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Hub Cyber Security Israel Ltd's debt-to-equity ratio?
Hub Cyber Security Israel Ltd (HUBC) had a debt-to-equity ratio of -0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hub Cyber Security Israel Ltd's return on assets (ROA)?
Hub Cyber Security Israel Ltd (HUBC) had a return on assets of -142.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Hub Cyber Security Israel Ltd's cash runway?
Based on fiscal year 2024 data, Hub Cyber Security Israel Ltd (HUBC) had $3.1M in cash against an annual operating cash burn of $17.1M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Hub Cyber Security Israel Ltd's debt-to-equity ratio negative or unusual?
Hub Cyber Security Israel Ltd (HUBC) has negative shareholder equity of -$80.8M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Hub Cyber Security Israel Ltd's Piotroski F-Score?
Hub Cyber Security Israel Ltd (HUBC) has a Piotroski F-Score of 3 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 Hub Cyber Security Israel Ltd's earnings high quality?
Hub Cyber Security Israel Ltd (HUBC) has an earnings quality ratio of 0.44x, considered low quality (accrual-driven). 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 Hub Cyber Security Israel Ltd?
Hub Cyber Security Israel Ltd (HUBC) scores 15 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.