Youxin Technology Proposes Terms For Micro-IPO (YAAS)

A Quick Take On Youxin Technology Ltd

Youxin Technology Ltd, (YAAS) has filed to raise $8 million in an IPO of its Class A ordinary shares, according to an SEC F-1 registration statement.

The firm provides a software-as-a-service (“SaaS”) platform

Selling

Expenses vs. Revenue

Period

Percentage

Six Mos. Ended March 31, 2023

31.7%

FYE September 30, 2022

73.2%

FYE September 30, 2021

60.6%

Selling

Efficiency Rate

Period

Multiple

Six Mos. Ended March 31, 2023

-1.1

FYE September 30, 2022

0.2

Rule of 40

Calculation

Recent Rev. Growth %

-26%

EBITDA %

-421%

Total

-447%

Total Revenue

Period

Total Revenue

% Variance vs. Prior

Six Mos. Ended March 31, 2023

$ 407,037

-26.2%

FYE September 30, 2022

$ 1,277,066

15.4%

FYE September 30, 2021

$ 1,106,860

Gross Profit (Loss)

Period

Gross Profit (Loss)

% Variance vs. Prior

Six Mos. Ended March 31, 2023

$ 238,769

-18.8%

FYE September 30, 2022

$ 695,727

7.1%

FYE September 30, 2021

$ 649,517

Gross Margin

Period

Gross Margin

% Variance vs. Prior

Six Mos. Ended March 31, 2023

58.66%

5.4%

FYE September 30, 2022

54.48%

-7.2%

FYE September 30, 2021

58.68%

Operating Profit (Loss)

Period

Operating Profit (Loss)

Operating Margin

Six Mos. Ended March 31, 2023

$ (1,714,244)

-421.2%

FYE September 30, 2022

$ (6,772,400)

-530.3%

FYE September 30, 2021

$ (4,245,519)

-383.6%

Comprehensive Income (Loss)

Period

Comprehensive Income (Loss)

Net Margin

Six Mos. Ended March 31, 2023

$ (1,989,613)

-488.8%

FYE September 30, 2022

$ (5,561,138)

-435.5%

FYE September 30, 2021

$ (4,239,548)

-383.0%

Cash Flow From Operations

Period

Cash Flow From Operations

Six Mos. Ended March 31, 2023

$ (1,554,219)

FYE September 30, 2022

$ (5,273,756)

FYE September 30, 2021

$ (4,607,453)

(Glossary Of Terms.)

Measure [TTM]

Amount

Market Capitalization at IPO

$133,000,000

Enterprise Value

$125,927,517

Price / Sales

117.46

EV / Revenue

111.22

EV / EBITDA

-28.02

Earnings Per Share

-$0.11

Operating Margin

-396.93%

Net Margin

-330.52%

Float To Outstanding Shares Ratio

6.02%

Proposed IPO Midpoint Price per Share

$4.00

Net Free Cash Flow

-$4,386,045

Free Cash Flow Yield Per Share

-3.30%

Debt / EBITDA Multiple

0.00

CapEx Ratio

45,688.97

Revenue Growth Rate

-26.24%

(Glossary Of Terms.)

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