iOThree Limited
IOTR Communication Services Telecom Services
iOThree Limited’s revenue for fiscal 2026 (year ended March 2026) was $14.7 million, up 40.4% from fiscal 2025.
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iOThree Limited (IOTR) Piotroski F-score
iOThree Limited's Piotroski F-score for fiscal 2026 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 3 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (16.42%) | (4.00%) | Fail | 0 |
| Positive operating cash flow | (2.24m) | 488.10k | Fail | 0 |
| Rising return on assets | (16.42%) | (4.00%) | Fail | 0 |
| Cash flow above net income | (1.08m) | 718.60k | Fail | 0 |
| Falling long-term leverage | 0.13 | 0.04 | Fail | 0 |
| Rising current ratio | 1.80 | 1.13 | Pass | 1 |
| No new shares issued | 2,642,000 | 2,400,000 | Fail | 0 |
| Rising gross margin | 21.42% | 17.79% | Pass | 1 |
| Rising asset turnover | 2.08 | 1.82 | Pass | 1 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 3 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| UCL uCloudlink Group Inc. Sponsored ADR compare | 5 |
| CABO Cable One, Inc. compare | 5 |
| KVHI KVH Industries, Inc. compare | 5 |
| IQST iQSTEL Inc. compare | 4 |
| SURG SurgePays, Inc. compare | 3 |
| FNGR FingerMotion, Inc. compare | 3 |
| IOTR iOThree Limited | 3 |
| PCLA PicoCELA Inc. compare | 2 |
| ELWT Elauwit Connection, Inc. compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover