Eightco Holdings Inc. ORBS
Holdings Inc. (NASDAQ: ORBS) is building the authentication and trust layer for the post-AGI world. Through a first-of-its-kind Worldcoin
digital asset treasury strategy and a portfolio of strategic investments in frontier technology companies, the Company is establishing
a universal foundation for digital identity and Proof of Human (PoH) verification. The Company's mission is organized around three
core pillars: consumer authentication, enterprise authentication, and gaming authentication.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $33.0M | $39.6M | $67.6M | $31.8M | $7.9M | — |
| Cost of revenue | $32.4M | $33.6M | $61.3M | $29.6M | $5.7M | — |
| Gross profit | $534.3K | $6.0M | $6.3M | $2.2M | $2.2M | — |
| SG&A | $23.9M | $12.8M | $14.8M | $16.4M | $2.6M | — |
| Total operating expenses | $57.7M | $14.2M | $16.9M | $17.7M | — | — |
| Operating income | -$57.2M | -$8.2M | -$10.7M | -$15.5M | -$431.3K | — |
| Interest expense | $4.1M | $5.3M | $11.6M | $7.0M | $0 | — |
| Pre-tax income | -$262.1M | $154.5K | -$69.1M | -$47.6M | $109.9K | — |
| Income tax | $20.2K | $135.3K | — | $173.0K | $210.0K | — |
| Net income | -$262.0M | $708.5K | -$68.3M | -$47.3M | $28.8K | — |
| EPS, basic | -4.14 | 0.40 | -23.63 | -150.95 | 143.90 | — |
| EPS, diluted | -4.14 | 0.36 | -23.63 | -150.95 | — | — |
| Shares, diluted (wtd. avg.) | 63.2M | 2.0M | 2.9M | 313,072 | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $58.5M | $239.2K | $5.2M | $5.6M | $911.2K | — |
| Receivables | $433.8K | $1.6M | $1.2M | $1.3M | $867.0K | — |
| Inventory | $7.8M | $7.8M | $6.0M | $4.5M | $110.7K | — |
| Total current assets | $244.7M | $12.5M | $14.7M | $14.1M | $9.0M | — |
| Property, plant and equipment | $5.2K | $640.2K | $744.6K | $1.3M | $1.0M | — |
| Goodwill | — | $22.3M | $22.3M | $22.3M | — | — |
| Other intangibles | $22.3M | $0 | $16.1M | $18.6M | — | — |
| Total assets | $250.2M | $50.8M | $55.4M | $58.6M | $14.0M | — |
| Accounts payable | — | — | — | $2.2M | $171.2K | — |
| Total current liabilities | $18.0M | $29.8M | $39.5M | $13.9M | $7.5M | — |
| Total liabilities | $18.0M | $39.3M | $59.8M | $52.8M | $11.8M | — |
| Retained earnings | -$374.6M | -$112.6M | -$113.3M | -$45.0M | $2.3M | — |
| Total equity | $232.6M | $11.9M | -$4.3M | $5.8M | $2.2M | $2.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$11.0M | -$6.6M | -$6.4M | -$16.7M | -$197.2K | — |
| Depreciation and amortisation | $40.4K | $174.4K | $199.3K | $270.3K | $98.4K | — |
| Stock-based compensation | $10.3M | $39.9K | -$358.9K | $1.5M | — | — |
| Capital expenditure | $2.2K | $826 | — | — | — | — |
| Investing cash flow | -$378.7M | -$70.1K | -$295.1K | $468.4K | -$3.7M | — |
| Financing cash flow | $448.0M | $1.7M | $6.4M | $20.9M | $4.6M | — |
| Buybacks | — | — | — | $49.5K | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-016664.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $7.9M | $31.8M | $67.6M | $39.6M | $33.0M |
| Gross profit | — | $2.2M | $2.2M | $6.3M | $6.0M | $534.3K |
| Net income | — | $28.8K | -$47.3M | -$68.3M | $708.5K | -$262.0M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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