Executive Summary
Caro Holdings Inc reported a markedly negative Q4 2024, consistent with a shell-company profile and outsized financing costs. Revenue for the quarter was reported at 56 USD with a cost of revenue of 9,214 USD, yielding a gross loss of 9,158 USD and a gross margin of -163.54%. The operating framework shows an EBITDA of -51,193 USD and an operating loss of -53,497 USD, driven by elevated general and administrative expenses totaling 42,499 USD and substantial interest expense of 44,003 USD. Net income stood at -95,521 USD with an EPS of -0.0026. Cash flow was negative from operating activities (-32,610 USD) but financing activities generated +50,500 USD, resulting in a net cash increase of 18,291 USD for the period and a cash balance of 20,794 USD at quarter-end.
From a balance-sheet perspective, total assets were 482,502 USD while total liabilities reached 947,035 USD, producing a negative shareholders’ equity of -464,533 USD. The company carries a significant intangible asset base (248,786 USD) and a sizable outstanding debt load (764,232 USD) contributing to a net debt position of 743,438 USD. Liquidity metrics are weak, with a current ratio of 0.25 and a quick ratio around 0.30, underscoring material liquidity risk absent a near-term cash generation runway.
Overall, the QQ4 2024 results underscore a high-risk, leveraged, loss-making profile with limited near-term visibility for meaningful top-line recovery. Absent a credible plan to monetize assets, deleverage, or materially restructure the business model, the investment case remains highly speculative and focused on potential strategic pivots or balance-sheet repair initiatives.
Key Performance Indicators
QoQ: -1 857.77% | YoY:N/A
Key Insights
Revenue: 56 USD (QoQ -89.25%); Gross Profit: -9,158 USD (Gross margin -163.54%); Operating Income: -53,497 USD (Operating income margin -955.30%); EBITDA: -51,193 USD; Net Income: -95,521 USD; EPS: -0.0026. YoY comparisons for Revenue and Gross Profit are not available in the provided data, while QoQ figures for Operating Income are -30.84% and net income QoQ is 17.57%. The negative profitability metrics reflect substantial fixed costs, high interest expense, and intangible asset-related amortiz...
Financial Highlights
Revenue: 56 USD (QoQ -89.25%); Gross Profit: -9,158 USD (Gross margin -163.54%); Operating Income: -53,497 USD (Operating income margin -955.30%); EBITDA: -51,193 USD; Net Income: -95,521 USD; EPS: -0.0026. YoY comparisons for Revenue and Gross Profit are not available in the provided data, while QoQ figures for Operating Income are -30.84% and net income QoQ is 17.57%. The negative profitability metrics reflect substantial fixed costs, high interest expense, and intangible asset-related amortization. The weighted average shares outstanding were 36,141,127 for the period.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
56.00 |
N/A |
-89.25% |
| Gross Profit |
-9.16K |
N/A |
-1 857.77% |
| Operating Income |
-53.50K |
51.26% |
30.84% |
| Net Income |
-95.52K |
33.42% |
17.57% |
| EPS |
0.00 |
-4.00% |
33.33% |
Key Financial Ratios
grossProfitMargin
-16354%
operatingProfitMargin
-95530%
operatingCashFlowPerShare
$-0
priceEarningsRatio
-94.59
Management Commentary
No earnings call transcript was provided in the data package. As a result, there are no management quotes or theme-based highlights to extract. If a transcript becomes available, we will group insights by strategy, operations, and market conditions, and attach context to each quote.
Forward Guidance
No formal forward guidance was disclosed in the provided data. Given the magnitude of quarterly losses, balance-sheet fragility, and high debt load, investors should anticipate a focus on liquidity preservation, debt refinancing discussions, and potential asset monetization strategies if pursued by management. Key factors to monitor include: (1) debt maturities and any restructuring announcements, (2) progress on deleveraging and signaled capital allocation priorities, (3) any changes in liquidity covenants or access to new financing, and (4) regulatory considerations tied to shell-company status and related governance disclosures.