Overview of key metrics and what they imply for Startech's health and trajectory:
- Revenue: Not disclosed for QQ2 2026 in the provided data. Absence of top-line visibility limits assessment of margin expansion and growth momentum.
- Operating Income: -$6.753 million for QQ2 2026. YoY change: +61.50% (loss narrowed versus the prior year). QoQ change: +39.43% (loss narrowed versus the prior quarter). Interpretation: The company is still unprofitable at the operating line, but the rate of loss is decelerating, which could reflect cost containment or mix improvements within a portfolio that includes Android/iOS apps and travel-related solutions.
- Net Income: -$14.121 million for QQ2 2026. YoY change: +43.48% (net loss reduced YoY). QoQ change: +24.07% (further improvement QoQ). Interpretation: The magnitude of overall loss has moderated relative to the year-ago period, but profitability remains negative, underscoring ongoing cash burn and the need for revenue generation or further cost optimization.
- EPS (Diluted): -$0.02. YoY: -4900.00% (stron ger negative base YoY), QoQ: +33.33% (slight improvement QoQ). Interpretation: Per-share losses persist despite the broader improvement in operating vs. net income, highlighting the impact of share count and negative earnings on diluted EPS.
- Cash flow and liquidity: Operating cash flow is -$2.3 million for QQ2 2026, with free cash flow also -$2.3 million. Working capital components show accounts payable of $4.454 million (positive cash flow item) and other non-cash adjustments totaling $11.821 million; however, end-period cash is not disclosed. Net debt stands at $129.402 million, and current liabilities total $467.081 million, indicating a meaningful liquidity and leverage challenge absent a disclosed cash balance.
- Balance sheet signals: Retained earnings are deeply negative at approximately -$39.182 million, and the company reports a substantial current liabilities position relative to operating cash generation. The lack of a disclosed cash balance and missing revenue data complicates a clean assessment of liquidity runway and debt maturity risk.