Vocodia Holdings Corp.
VHAI Technology Software Infrastructure
Vocodia Holdings Corp.’s revenue for fiscal 2024 (year ended December 2024) was $50,100.00, down 80.5% from fiscal 2023. In the quarter to September 2025, revenue grew 51,200.0%, EPS grew 66.7% and free cash flow grew 80.7%, each against the same quarter a year earlier.
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Vocodia Holdings Corp. (VHAI) Piotroski F-score
Vocodia Holdings Corp.'s Piotroski F-score for fiscal 2024 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) |
|---|---|---|
| FY2024 | 3 | — |
How fiscal 2024’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (438.40%) | (185.92%) | Fail | 0 |
| Positive operating cash flow | (5.42m) | (2.70m) | Fail | 0 |
| Rising return on assets | (438.40%) | (185.92%) | Fail | 0 |
| Cash flow above net income | 4.68m | 6.01m | Pass | 1 |
| Falling long-term leverage | 0.00 | 0.00 | Pass | 1 |
| Rising current ratio | 0.05 | 0.00 | Pass | 1 |
| No new shares issued | 551,338,000 | 3,897,000 | Fail | 0 |
| Rising gross margin | (111.58%) | 13.88% | Fail | 0 |
| Rising asset turnover | 0.02 | 0.05 | Fail | 0 |
| 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 |
|---|---|
| CSAI Cloudastructure Inc. compare | 6 |
| CETX Cemtrex Inc. compare | 5 |
| VHAI Vocodia Holdings Corp. | 3 |
| TAOP Taoping Inc. compare | 2 |
| YYAI AiRWA Inc. compare | 1 |
| LHSW Lianhe Sowell International Group Ltd compare | 0 |
| ZPTA Zapata Quantum Inc compare | — |
| HUBC Hub Cyber Security Ltd. compare | — |
| WETO Wetour Robotics Limited 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