Jayride Group Ltd

Jayride Group Ltd exhibits a distressed capital structure characterized by negative total equity of -6,380,720 AUD against total liabilities of 7,134,670 AUD. The company holds no long-term debt, but its current ratio of 0.1 indicates severe short-term liquidity constraints, as current assets are insufficient to cover current liabilities. Operating cash flow is negative at -1,474,400 AUD, and free cash flow is deeply negative at -5,715,250 AUD, reflecting significant cash burn despite minimal capital expenditures of -1,510 AUD. The market capitalization stands at 9,327,334.55 AUD with a share price of 0.006 AUD.

Profitability metrics are severely impaired, with a net income of -5,725,320 AUD and an operating income of -4,851,560 AUD. The gross profit is negative at -3,926,560 AUD, indicating that the cost of goods sold exceeds revenue, a critical operational inefficiency. Return on assets is -10.82, and return on equity is reported as 1.28, though this metric is distorted by the negative equity base. The company generates revenue of 2,422,900 AUD, which is insufficient to cover its operating costs, leading to substantial losses.

Segment and geographic data are not provided in the available input, preventing a detailed analysis of revenue concentration or regional exposure. The company's activity is broadly classified as Ground Transportation, but specific service lines or customer bases are not disclosed in the current dataset.

Historical period data is absent, limiting the ability to assess growth trajectories or trend reversals. The current financial snapshot represents a single point in time, showing a company in a loss-making phase with negative cash flows. Without historical context, it is unclear whether these losses are cyclical or structural, though the negative gross profit suggests fundamental pricing or cost structure issues.

Risk assessment indicates low liquidity and low dilution risk. The key flags note no immediate filing-based liquidity or dilution flags, but the financial metrics themselves present a high inherent risk profile due to negative equity and poor liquidity. The current ratio of 0.1 is a significant red flag for short-term solvency. The absence of long-term debt reduces interest coverage risk but does not mitigate the immediate working capital deficit.

Recent filing, news, and transcript observations are not provided in the input data. Consequently, there are no recent disclosed events to contextualize the financial position or management guidance. The analysis relies solely on the static financial and valuation snapshots provided.

Revenue A$5.1M, +98,7% YoY; Operating income −67,3% YoY.

• ▍Revenue A$5.1M, +98,7% YoY
• ▍Operating income −67,3% YoY
• ▍Net income −64,5% YoY
• ▍Free cash flow −59,1% YoY
• ▍Net margin -160.5%

Revenue A$2.6M, +237,1% YoY; Operating income −11,3% YoY.

• ▍Revenue A$2.6M, +237,1% YoY
• ▍Operating income −11,3% YoY
• ▍Net income −10,5% YoY
• ▍Free cash flow −26,5% YoY
• ▍Net margin -193.8%

Revenue A$759.4k; Operating income -A$4.4M.

• ▍Revenue A$759.4k
• ▍Operating income -A$4.4M
• ▍Net margin -591.1%