Growth & profitability
- Revenue has grown 31.8% per year over the past 5 years.
- Operating margin has expanded, at -172.8% in the latest year.
- Free cash flow has declined 49.8% per year over the past 5 years.
TROO Financials Troops, Inc. /Cayman Islands/
13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $17M | -$28M | 9.1% | -172.8% | -56.9% | -40.4% | $690000 | — | $4M |
| 2024 | $10M | -$13M | 19.3% | -56.9% | -19.7% | -16.9% | $2M | — | $5M |
| 2023 | $4M | -$2M | 21.7% | -50.5% | -2.8% | -2.4% | -$7M | — | $3M |
| 2022 | $4M | -$346000 | 21.2% | -13.8% | -0.6% | -0.5% | -$524000 | — | $3M |
| 2021 | $4M | -$8M | 9.8% | -239.1% | -13.5% | -12.0% | $12M | — | $3M |
| 2020 | $4M | -$68M | -24.8% | -1568.6% | -96.2% | -75.4% | $22M | — | $3M |
| 2019 | $5M | -$37M | 53.5% | -14.3% | -31.0% | -26.5% | $3M | — | $5M |
| 2018 | $2M | -$21M | 19.9% | -156.8% | -15.3% | -11.0% | -$36M | — | $14M |
| 2017 | — | -$11M | — | — | -13.4% | -11.4% | -$8M | — | $5M |
| 2016 | — | -$5M | — | — | -5.8% | -5.0% | -$1M | — | $29000 |
| 2011 | — | $17M | — | — | 22.5% | 19.5% | — | — | — |
| 2010 | — | $20M | — | — | 32.9% | 13.1% | — | — | — |
| 2009 | — | $7M | — | — | 22.4% | — | — | — | — |
Valuation over time
How the market has priced TROO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 101.0× (Mar '23) to 15.3× (Sep '26).
P/S
Frequently asked questions
Is TROO growing its revenue and profit?
Over the past 5 years, Troops, Inc. /Cayman Islands/'s revenue has grown 31.8% per year. These are computed facts, not advice.
How much debt does TROO have?
As of FY2025, Troops, Inc. /Cayman Islands/ reported — of total debt against $4M of cash.
What is TROO's profit margin?
In FY2025, gross margin was 9.1%, operating margin -172.8%, and net margin -163.2%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.