Develops satellite communications for the maritime industry.
Mar 2026Revenue $14.7M/yrExpenses $15.8M/yr
Fell below break-even Mar 2024Cash runway ≈ 9 months from Mar 2026
Figures by year
When will iOThree be profitable again?
Its expenses passed its revenue in Mar 2024. In the 12 months to Mar 2026, revenue was $14.7M and expenses $15.8M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Mar 2026 | $14.7M | $15.8M | −$1.13M |
| Mar 2025 | $10.5M | $10.7M | −$203K |
| Mar 2024 | $8.57M | $8.60M | −$33.1K |
| Mar 2023 | $7.49M | $6.44M | $1.05M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.