Operational cash burn remains a critical concern, highlighted by a -97.0% free cash flow margin in 2025Q2 and a reliance on $288,000 in stock-based compensation to manage liquidity.
| Cash from Operations | -2.67M | -958K | 730K | -1.74M | 1.62M |
| Operating CF Margin % | -45.9% | -10.53% | 9.56% | -23.94% | 16.9% |
| Operating CF Growth % | -178.18% | -231.23% | 141.98% | -207.41% | - |
| Net Income | -3.06M | -2.35M | -2.82M | 1.8M | -153K |
| Depreciation & Amortization | 207K | 139K | 132K | 97K | 118K |
| Stock-Based Compensation | 540K | 860K | 4.24M | 0 | 1K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -23K | -2K | 124K | 1.23M | 895K |
| Working Capital Changes | -325K | 392K | -943K | -2.37M | 965K |
| Change in Receivables | 86K | 1.31M | 322K | -1.42M | -1.11M |
| Change in Inventory | -69K | -633K | -49K | -686K | -529K |
| Change in Payables | -112K | -161K | -906K | -197K | 1.67M |
| Cash from Investing | -101K | -89K | -10K | -20K | -125K |
| Capital Expenditures | -31K | -112K | -3K | -8K | -116K |
| CapEx % of Revenue | 0.53% | 1.23% | 0.04% | 0.11% | 1.21% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | -57K | -58K | -7K | -12K | -9K |
| Cash from Financing | 2.39M | 3.64M | -229K | 255K | -74K |
| Debt Issued (Net) | -142K | -269K | -156K | -88K | 0 |
| Equity Issued (Net) | 2.54M | 4.32M | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -415K | -73K | 343K | -74K |
| Net Change in Cash | -196K | 2.61M | 499K | -1.49M | 1.4M |
| Free Cash Flow | -2.7M | -1.07M | 727K | -1.75M | 1.5M |
| FCF Margin % | -46.43% | -11.77% | 9.52% | -24.05% | 15.69% |
| FCF Growth % | -151.96% | -247.18% | 141.61% | -216.23% | - |
| FCF per Share | -0.45 | -0.21 | 0.23 | -0.55 | 0.48 |
| FCF Conversion (FCF/Net Income) | 0.87x | 0.41x | -0.26x | -0.97x | -10.58x |
| Interest Paid | 86K | 36K | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 |
Liquidity and contract concentration
As reported in recent financial statements, Silynxcom's operating cash flow frequently diverges from net income, with the 2025Q2 period showing an OCF/NI ratio of 1.33, suggesting that reported losses are not being mitigated by underlying cash generation and that accruals remain a significant factor in the firm's financial profile.
The persistent gap between net income and operating cash flow indicates that the company's earnings quality is strained by non-cash adjustments and working capital volatility. Investors should monitor whether this divergence reflects genuine operational challenges or merely the timing of project-based revenue recognition.
Based on the provided quarterly data, Silynxcom's free cash flow trajectory has remained consistently negative, with a -97.0% FCF margin in 2025Q2, highlighting the company's inability to fund its operations through internal cash generation while navigating a period of significant revenue contraction and high operating overhead.
The inability to achieve positive free cash flow suggests that the current business model is not yet self-sustaining. This trend warrants further investigation into whether the company can reach a break-even point before its existing cash reserves are exhausted.
According to historical cash flow filings, working capital changes have been highly erratic, swinging from a $630,000 inflow in 2024Q4 to a $386,000 outflow in 2025Q2, which suggests that the company's cash position is heavily dependent on the timing of customer payments and inventory management cycles.
Such volatility in working capital often indicates a lack of control over the cash conversion cycle, which is particularly dangerous for a firm with limited liquidity. The reliance on these fluctuations to manage short-term cash needs appears to be a structural weakness in the company's current financial management.
Analysis of the cash flow statement reveals that stock-based compensation, which reached $288,000 in 2025Q4, serves as a significant non-cash add-back that obscures the true extent of the company's operational cash burn, effectively diluting shareholders while failing to offset the underlying negative cash flow from core business activities.
The reliance on stock-based compensation as a primary tool for managing cash expenses may indicate that the company is struggling to preserve its limited cash reserves. This practice warrants further investigation into the long-term sustainability of the current compensation structure relative to the firm's actual cash-generating capacity.
Quick answers to the most common questions about buying SYNX stock.
Silynxcom Ltd. (SYNX) generated $-2.7M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Silynxcom Ltd. (SYNX) reported negative free cash flow of $2.7M in 2025, indicating capital requirements exceeded cash from operations.
Silynxcom Ltd. (SYNX) spent $0.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.