The firm's cash flow profile has deteriorated from a positive $953.0K free cash flow in 2022Q4 to a stagnant state of zero in recent quarters, indicating a lack of self-funding capability.
| Cash from Operations | -1.01M | -4.49M | -9.92M | -1.01M | 1.31M | 1.17M |
| Operating CF Margin % | - | -80.36% | -245.26% | -16.54% | 18.25% | 23.8% |
| Operating CF Growth % | 38.12% | 54.68% | -884.17% | -177.17% | 11.66% | - |
| Net Income | -9.96M | -4.4M | -8.65M | -1.31M | 1.99M | 71.36K |
| Depreciation & Amortization | 496.85K | 420.44K | 277.95K | 288.77K | 227.3K | 169.56K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 161K | 0 | 0 | 0 |
| Other Non-Cash Items | 7.22M | -3.4M | 1.41M | -467 | 40.93K | 515.41K |
| Working Capital Changes | 1.44M | 2.89M | -3.12M | 11.92K | -950.58K | 412.83K |
| Change in Receivables | 1.35M | -576.04K | 667.75K | 1.35M | -1.03M | 582.83K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 27.71K | 15.15K | -32.82K | 0 | 0 |
| Cash from Investing | -62.19K | -380.4K | -1.43M | -62.19K | -500.8K | -565.81K |
| Capital Expenditures | -18.91K | -380.4K | -37.26K | -18.91K | -500.8K | -566.39K |
| CapEx % of Revenue | 0.19% | 6.8% | 0.92% | 0.31% | 7% | 11.53% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | -43.27K | 0 | -397.26K | -43.27K | 0 | 581 |
| Cash from Financing | 96.46K | -222.5K | 18.45M | 96.46K | -459.29K | -235.09K |
| Debt Issued (Net) | 404.55K | -252.81K | -245.62K | 285.79K | -145.44K | -141.91K |
| Equity Issued (Net) | 0 | 0 | 18.69M | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | -449.6K | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -308.09K | 30.31K | 440 | -189.33K | 135.75K | -93.17K |
| Net Change in Cash | 4.71M | -4.71M | 7.1M | -933K | 359.74K | 367.47K |
| Free Cash Flow | -1.03M | -4.86M | -10.35M | -1.07M | 804.74K | 602.77K |
| FCF Margin % | -10.13% | -86.97% | -256.01% | -17.57% | 11.25% | 12.27% |
| FCF Growth % | - | 53.01% | -867.58% | -232.92% | 33.51% | - |
| FCF per Share | -0.18 | -0.83 | -2.07 | -0.21 | 0.16 | 0.12 |
| FCF Conversion (FCF/Net Income) | 0.10x | 1.02x | 1.15x | 0.77x | 0.66x | 16.39x |
| Interest Paid | 0 | 0 | 34.9K | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 8.3K | 0 | 0 | 0 |
Imminent liquidity shortfall
Based on reported financial statements, ORKT exhibits a profound disconnect between net losses and operating cash flow, with the company reporting zero operating cash flow in recent quarters despite significant net losses, suggesting that accrual-based accounting is failing to translate into tangible liquidity for the business.
The absence of positive operating cash flow in recent periods, even as net losses persist, implies that the company is struggling to convert its service-heavy revenue into actual cash. Investors should monitor whether this reflects an inability to collect on receivables or a fundamental mismatch between the cost of service delivery and client payment terms.
As indicated by historical data, ORKT's free cash flow has shifted from a positive $953.0K in 2022Q4 to a stagnant state of zero in recent quarters, highlighting a rapid deterioration in the company's ability to self-fund its operations through its core business activities.
The transition from positive free cash flow to a state of zero suggests that the company has exhausted its initial operational efficiency. This trend warrants further investigation into whether the firm is intentionally curbing spending to preserve cash or if it has lost the ability to generate surplus capital entirely.
According to recent SEC filings, ORKT's working capital dynamics have shown extreme volatility, swinging from a $1.2M inflow in 2023Q2 to a $219.1K outflow in 2023Q4, which suggests that the company's cash position is highly sensitive to the timing of client payments and project milestones.
Such erratic swings in working capital often indicate that the company is heavily reliant on large, lumpy payments from a concentrated client base. This lack of predictability in cash inflows complicates liquidity planning and suggests that the firm may face significant pressure during periods of slower project completion.
Based on the provided figures, the company's cash flow statement appears to obscure the true cost of operations by reporting zero cash flow in recent periods, which may mask the underlying cash burn required to sustain its high-touch, service-intensive business model in the current competitive environment.
The lack of granular detail regarding cash movements in recent quarters makes it difficult to assess the true burn rate of the business. Analysts should be wary that the reported zero cash flow may be a result of accounting adjustments rather than a genuine stabilization of the company's liquidity position.
Quick answers to the most common questions about buying ORKT stock.
Orangekloud Technology Inc. (ORKT) generated $-4.5M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Orangekloud Technology Inc. (ORKT) reported negative free cash flow of $4.9M in 2025, indicating capital requirements exceeded cash from operations.
Orangekloud Technology Inc. (ORKT) spent $0.4M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.