Investment Thesis
Panamera Holdings exhibits critical financial distress with negative stockholders equity of -$4.1M, indicating technical insolvency. Massive operating losses of -$153.7M against only $139.5K in revenue suggest either accounting adjustments or unsustainable business model, compounded by negative operating cash flow of -$241.3K and minimal cash reserves of $17.1K against $4.9M in long-term debt.
Strengths
- Revenue growth of 91.2% YoY despite small absolute base
- Positive gross margin of 60.6% on revenue-generating activities
- No capital expenditure requirements indicating minimal operational assets
Risks
- Negative stockholders equity of -$4.1M creates insolvency on balance sheet basis
- Operating losses of $153.7M far exceed $139.5K revenue, indicating unsustainable operations
- Critical liquidity crisis with current ratio of 0.02x and only $17.1K cash against $4.9M debt
- Negative operating cash flow of -$241.3K means company is burning cash with limited runway
- Liabilities of $4.3M exceed total assets of $124.9K by 34x, indicating complete balance sheet distress
- No insider activity in 90 days suggests management disengagement or lack of confidence
Key Metrics to Watch
- Stockholders equity trend - recovery from negative -$4.1M is essential for solvency
- Operating cash flow - current -$241.3K trajectory unsustainable; must return to positive
- Cash balance depletion rate - at current burn rate, $17.1K reserves will deplete within weeks
Financial Metrics
Revenue
139.5K
Net Income
-153.8M
EPS (Diluted)
$2.08
Free Cash Flow
-241.3K
Total Assets
124.9K
Cash
17.1K
Profitability Ratios
Gross Margin
60.6%
Operating Margin
-110,175.0%
Net Margin
-110,243.9%
ROE
N/A
ROA
-123,137.5%
FCF Margin
-173.0%
Balance Sheet & Liquidity
Current Ratio
0.02x
Quick Ratio
0.02x
Debt/Equity
N/A
Debt/Assets
3,407.3%
Interest Coverage
-1,573.61x
Long-term Debt
4.9M
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-04-14T07:00:23.322593 |
Data as of: 2026-01-31 |
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