Coolbit Technologies Limited (CBAI)

Coolbit Technologies was planning to go public, but the IPO was withdrawn on Aug 31, 2026.

IPO Price Range

$4.00 - $5.00

Shares Offered

5,000,000

Deal Size

$22.50M

Coolbit Technologies Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Year Ending	TTM	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024
Revenue	19.8	15.3	4.33
Revenue Growth	-	253.55%	-
Cost of Revenue	-	13.45	3.4
Gross Profit	2.77	1.85	0.92
Selling, General & Admin	-	0.84	0.68
Operating Expenses	-	0.84	0.68
Operating Income	1.91	1.01	0.25
Interest Expense (Income)	0.58	0.63	-
Other Expense (Income)	-0.17	-2.01	-0.4
Pretax Income	1.5	2.4	0.64
Income Tax	1.23	0.67	0.31
Net Income	0.27	1.72	0.34

Additional Metrics

Year Ending	TTM	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024
Free Cash Flow	-9.96	-7.44	-21.44
Free Cash Flow Growth	-	-	-
Gross Margin	14.00%	12.12%	21.36%
Operating Margin	9.63%	6.63%	5.68%
Profit Margin	1.35%	11.27%	7.77%
Free Cash Flow Margin	-50.31%	-48.65%	-495.26%
Effective Tax Rate	82.16%	28.09%	47.68%
EBITDA	4.51	5.23	1.51
EBITDA Margin	22.77%	34.16%	34.84%
Depreciation & Amortization	2.43	2.2	0.87
EBIT	2.08	3.03	0.64
EBIT Margin	10.50%	19.78%	14.85%