PTLO (PTLO) financial statements
PTLO reported revenue of $732M in fiscal 2025, up 7.3% a year over 6 years.
Net income was $19M and the operating margin 6.0%, against 10.2% in 2019.
Free cash flow was -$19M.
The diluted share count rose 39% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PTLO's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $479M | $455M | $535M | $587M | $680M | $711M | $732M |
| Cost of revenue | $149M | $142M | $167M | $204M | — | — | — |
| Gross profit | $330M | $313M | $368M | $383M | — | — | — |
| Selling, general and admin | $43M | $40M | $87M | $67M | $79M | $75M | $77M |
| Operating income | $49M | $57M | $30M | $41M | $55M | $58M | $44M |
| Interest expense | $43M | $45M | $40M | $28M | $27M | $26M | $23M |
| Pre-tax income | $6M | $12M | -$17M | $19M | $28M | $42M | $24M |
| Income tax | $0 | $0 | -$4M | $2M | $3M | $7M | $3M |
| Net income | -$13M | -$8M | -$15M | $11M | $18M | $30M | $19M |
| EPS (diluted) | -$0.25 | -$0.16 | -$0.42 | $0.25 | $0.32 | $0.46 | $0.27 |
| Diluted shares | 51M | 51M | 36M | 43M | 57M | 64M | 71M |
| Gross margin | 68.9% | 68.7% | 68.8% | 65.2% | — | — | — |
| Operating margin | 10.2% | 12.6% | 5.6% | 7.0% | 8.2% | 8.2% | 6.0% |
| Net margin | -2.7% | -1.8% | -2.8% | 1.8% | 2.7% | 4.2% | 2.6% |
Balance sheet
Fiscal years, from PTLO's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $23M | $41M | $39M | $44M | $10M | $23M | $20M |
| Receivables | — | $5M | $8M | $9M | $6M | $6M | $7M |
| Inventory | — | $5M | $6M | $7M | $9M | $8M | $8M |
| Total current assets | — | $55M | $59M | $65M | $42M | $53M | $52M |
| Property, plant and equipment | — | $175M | $191M | $227M | $296M | $359M | $420M |
| Goodwill | — | $394M | $394M | $394M | $394M | $394M | $394M |
| Total assets | — | $910M | $1000M | $1.3B | $1.4B | $1.5B | $1.6B |
| Total current liabilities | — | $66M | $67M | $77M | $105M | $136M | $194M |
| Long-term debt | — | $466M | $316M | $314M | $284M | $275M | $238M |
| Total liabilities | — | $569M | $576M | $847M | $925M | $1.0B | $1.1B |
| Shareholders' equity | $148M | $141M | $171M | $256M | $322M | $401M | $468M |
| Net debt | -$23M | $428M | $280M | $274M | $281M | $264M | $224M |
Cash flow
Fiscal years, from PTLO's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $43M | $58M | $43M | $57M | $71M | $98M | $72M |
| Capital spending | $22M | $21M | $36M | $47M | $88M | $88M | $90M |
| Free cash flow | $21M | $37M | $7M | $10M | -$17M | $10M | -$19M |
| Stock-based compensation | $1M | $960,000 | $29M | $16M | $16M | $11M | $6M |
| Net borrowing | -$8M | -$13M | -$158M | -$3M | -$13M | $4M | $23M |
| Free cash flow margin | 4.4% | 8.1% | 1.3% | 1.7% | -2.5% | 1.4% | -2.5% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for PTLO.
Open PTLO in InvestinglyQuestions
What was PTLO's revenue in 2025?
$732M in fiscal 2025, from its 10-K filing.
How much free cash flow does PTLO generate?
-$19M in fiscal 2025 (operating cash flow minus capital spending).
From PTLO's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.