CTW Cayman Class A (CTW) Income Statement
CTW FY2025 at a glance
Fiscal year ended July 31, 2025 · U.S. dollarsCTW revenue and net income
Where CTW's revenue goes
FY2025Each bar shows an amount and its share of revenue. CTW kept 4.2% of revenue as net income.
CTW profit margins
CTW growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +32.1% | −77.7% | −59.7% | −36.8% |
| Gross profit | +30.9% | −77.1% | −58.7% | −36.1% |
| Operating income | −116.0% | — | — | — |
| Net income | −36.0% | −87.2% | −70.3% | −41.7% |
| EPS (diluted) | −40.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CTW income statement
| FY2025 | FY2024 | FY2023 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.4M | $68.4M | $62.9M | $8.16B | $8.49B | $8.55B | $8.91B | $8.96B | $8.84B | $8.75B |
| Cost of revenue | $22.0M | $16.2M | $17.0M | $2.44B | $2.77B | $2.88B | $2.93B | $2.87B | $2.88B | $2.79B |
| Gross profit | $68.3M | $52.2M | $45.9M | $5.72B | $5.73B | $5.67B | $5.98B | $6.09B | $5.96B | $5.96B |
| Research & development | $5.5M | $952,440 | $2.9M | — | — | — | — | — | — | — |
| Sales, general & admin | $63.9M | $44.6M | $37.4M | $659.0M | $799.0M | $925.0M | $1.02B | $1.01B | $1.09B | $1.06B |
| Total operating expenses | $69.4M | $45.6M | $40.3M | $5.27B | $5.83B | $6.24B | $6.59B | $6.70B | $6.73B | $6.67B |
| Operating income | −$1.1M | $6.7M | $5.6M | $2.88B | $2.66B | $2.31B | $2.32B | $2.26B | $2.11B | $2.08B |
| Interest income | $494,358 | $300,985 | $41,035 | — | — | — | — | — | — | — |
| Interest expense | — | — | — | $380.0M | $448.0M | $465.0M | $478.0M | $473.0M | $464.0M | $450.0M |
| Income before taxes | $4.4M | $8.2M | $5.2M | $2.47B | $2.16B | $1.79B | $1.76B | $1.73B | $1.61B | $1.57B |
| Income taxes | $576,766 | $2.2M | $1.8M | $641.0M | $494.0M | $134.0M | $678.0M | $659.0M | $639.0M | $602.0M |
| Net income | $3.8M | $6.0M | $3.4M | $1.83B | $1.67B | $1.66B | $1.08B | $1.07B | $970.0M | $964.0M |
| EBITDA | $9.5M | $11.9M | $7.4M | $4.21B | $4.04B | $3.84B | $3.92B | $4.04B | $4.04B | $4.09B |
| EPS (diluted) | $0.06 | $0.10 | $1.13 | — | — | — | — | — | — | — |
| Gross margin | 75.6% | 76.3% | 72.9% | 70.1% | 67.4% | 66.3% | 67.1% | 68.0% | 67.4% | 68.1% |
| Operating margin | −1.2% | 9.7% | 8.9% | 35.4% | 31.3% | 27.1% | 26.1% | 25.2% | 23.9% | 23.7% |
| Net margin | 4.2% | 8.7% | 5.4% | 22.4% | 19.6% | 19.4% | 12.2% | 12.0% | 11.0% | 11.0% |
| Oct '25 | Jan '25 | Jul '24 | Jan '24 | Jan '20 | Oct '19 | Jul '19 | Apr '19 | Jan '19 | Oct '18 | Jul '18 | Apr '18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.2M | $41.2M | $35.0M | $33.4M | $2.01B | $2.04B | $2.05B | $2.06B | $2.11B | $2.15B | $2.10B | $2.13B |
| Cost of revenue | $12.1M | $9.9M | $8.7M | $8.0M | $613.0M | $630.0M | $588.0M | $607.0M | $661.0M | $697.0M | $702.0M | $707.0M |
| Gross profit | $37.0M | $31.4M | $26.3M | $25.4M | $1.40B | $1.41B | $1.46B | $1.45B | $1.45B | $1.45B | $1.40B | $1.42B |
| Research & development | $2.2M | $209,050 | $248,773 | $703,667 | — | — | — | — | — | — | — | — |
| Sales, general & admin | — | — | — | — | $1.39B | $1.29B | $1.30B | $1.29B | $1.43B | $1.43B | $1.48B | $1.50B |
| Total operating expenses | $35.3M | $30.5M | $25.1M | $19.9M | $1.39B | $1.29B | $1.30B | $1.29B | $1.43B | $1.43B | $1.48B | $1.50B |
| Operating income | $1.7M | $850,848 | $1.2M | $5.5M | $626.0M | $748.0M | $750.0M | $760.0M | $685.0M | $717.0M | $626.0M | $632.0M |
| Interest expense | — | — | — | — | $94.0M | $95.0M | $96.0M | $95.0M | $98.0M | $112.0M | $120.0M | $118.0M |
| Income before taxes | $4.2M | $254,478 | $2.2M | $6.0M | $523.0M | $643.0M | $644.0M | $658.0M | $577.0M | $564.0M | $508.0M | $510.0M |
| Income taxes | $961,073 | −$384,307 | $219,510 | $2.0M | $137.0M | $166.0M | $167.0M | $171.0M | $172.0M | $111.0M | $81.0M | $130.0M |
| Net income | $3.2M | $638,785 | $2.0M | $4.0M | $386.0M | $477.0M | $477.0M | $487.0M | $405.0M | $453.0M | $427.0M | $380.0M |
| EBITDA | $6.6M | $2.3M | $3.4M | $6.9M | $964.0M | $1.08B | $1.08B | $1.09B | $1.03B | $1.04B | $989.0M | $988.0M |
| Gross margin | 75.4% | 76.1% | 75.1% | 76.0% | 69.5% | 69.1% | 71.3% | 70.5% | 68.7% | 67.6% | 66.6% | 66.8% |
| Operating margin | 3.5% | 2.1% | 3.4% | 16.5% | 31.1% | 36.7% | 36.6% | 37.0% | 32.4% | 33.4% | 29.8% | 29.7% |
| Net margin | 6.5% | 1.5% | 5.7% | 11.9% | 19.2% | 23.4% | 23.3% | 23.7% | 19.2% | 21.1% | 20.3% | 17.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CTW's financial statements (latest annual report filed November 17, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CTW financial results
In fiscal year 2025 (ended July 31, 2025), CTW Cayman reported revenue of $90.4 million, up 32.1% from the year before. It had net income of $3.8 million (down 36.0%), a net profit margin of 4.2%. Diluted earnings per share came to $0.06. Over five years revenue grew at an average rate of −59.7% a year.
See the CTW stock overview for the latest quote and news, or the CTW chart for price history and technical indicators.
CTW income statement FAQ
What is CTW Cayman's annual revenue?
CTW Cayman reported total revenue of $90.4 million for fiscal year 2025, which ended on July 31, 2025. That was up 32.1% from $68.4 million the previous year.
Is CTW Cayman profitable?
Yes. CTW Cayman reported net income of $3.8 million in fiscal 2025, a net profit margin of 4.2%; its operating margin was −1.2%.
What is CTW Cayman's gross margin?
CTW Cayman's gross margin was 75.6% in fiscal 2025: for every $100 of revenue, CTW Cayman kept $76 after the direct cost of its products and services.
How much does CTW Cayman spend on research and development?
CTW Cayman spent $5.5 million on research and development in fiscal 2025, 6.1% of revenue.
How fast is CTW Cayman growing?
Revenue grew −59.7% a year on average over the last five fiscal years, from $8.6 billion to $90.4 million.
What are CTW Cayman's earnings per share?
CTW Cayman earned $0.06 per diluted share in fiscal 2025, compared with $0.10 a year earlier.
When does CTW Cayman's fiscal year end?
CTW Cayman's fiscal year ends in July. The latest annual report covers the year ended July 31, 2025 and was filed on November 17, 2025.