PreAxia Health Care Payment Systems Inc. (the "Company" or "PreAxia") was incorporated on April 3, 2000, in the State of Nevada. The Company primarily undertakes its operations through its wholly owned subsidiary, PreAxia Health Care Payment Limited ("PreAxia Payment"). PreAxia Payment was incorporated pursuant to the laws of the Province of Alberta on November 26, 2015. On May 23, 2025, the Company created a wholly owned subsidiary in Alberta Canada, named Zane Inc. CA. This subsidiary will develop and market the personal financial management products and perfect the health care payment processing services. Zane Inc had no operations before June 30, 2025. PreAxia Payment is a company which intends to deliver a comprehensive suite of solutions and services directed at the emerging health payment market, specifically the opportunities tied to the growth of health spending accounts ("HSA").
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | - | - |
| Net Income | -953K | -82K | -99K | -156K | -181K | -163K |
| EPS | $-0.04 | $-0.00 | $-0.01 | $-0.01 | $-0.01 | $-0.01 |
| Free Cash Flow | 0 | -42K | -31K | -38K | -64K | -36K |
| ROIC | 0.0% | - | -561176.5% | - | - | - |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.21 | -0.09 | -0.14 | - | - | - |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 0 | -152K | -99K | -156K | -181K | -163K |
| Operating Margin | 0.0% | - | - | - | - | - |
| ROE | -222.9% | - | - | - | - | - |
| Shares Outstanding | 20M | 54M | 54M | 16M | 18M | 16M |
| Metric | 2020 | 2021 | 2022 | 2023 | |||
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 0 | N/A | N/A | 0 | 0 | 0 | 0 |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D | 12K | 8K | 26K | 7K | 6K | 0 | 391K |
| SG&A | 15K | 17K | 17K | 14K | 15K | 5K | 11K |
| EBIT | -172K | -163K | -181K | -156K | -99K | -152K | 0 |
| Op. Margin | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Net Income | -172K | -163K | -181K | -156K | -99K | -82K | -953K |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||
| ROIC | N/A | N/A | N/A | N/A | N/M | N/A | 0.0% |
| ROE | N/A | N/A | N/A | N/A | N/A | N/A | -222.9% |
| ROA | N/A | N/A | N/A | N/A | -710350.0% | N/A | -82.8% |
| Cash Flow | |||||||
| Op. Cash Flow | -31K | -36K | -64K | -38K | -31K | -42K | -114K |
| Free Cash Flow | -31K | -36K | -64K | -38K | -31K | -42K | 0 |
| Owner Earnings | -31K | -36K | -64K | -38K | -31K | -42K | -114K |
| CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Growth CapEx | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| D&A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||
| Net Debt | N/A | 1.1M | 1.1M | 1.1M | 326K | 201K | -171K |
| Cash & Equiv. | N/A | 0 | 0 | 0 | 0 | 0 | 261K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | 90K |
| Debt/Equity | N/A | N/A | N/A | N/A | -0.14 | -0.09 | 0.21 |
| Interest Coverage | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | N/A | N/A | N/A | N/A | -2.4M | -2.3M | 427K |
| Total Assets | N/A | N/A | N/A | N/A | 0 | 0 | 1.2M |
| Total Liabilities | N/A | 2.0M | 2.1M | 2.3M | 2.4M | 2.3M | 723K |
| Intangibles | N/A | N/A | N/A | N/A | 0 | 0 | 0 |
| Retained Earnings | N/A | -4.7M | -4.9M | -5.0M | -5.1M | -5.2M | -6.1M |
| Working Capital | N/A | -2.0M | -2.1M | -2.3M | -2.4M | N/A | -233K |
| Current Assets | N/A | 0 | 0 | 0 | 0 | 0 | 490K |
| Current Liabilities | N/A | 2.0M | 2.1M | 2.3M | 2.4M | 2.3M | 723K |
| Per Share Data | |||||||
| EPS | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.04 |
| Owner EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 |
| Book Value | N/A | N/A | N/A | N/A | -0.04 | -0.04 | 0.02 |
| Cash Flow/Share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.05 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 17.2M | 16.3M | 18.1M | 15.6M | 53.8M | 53.8M | 19.8M |
| Valuation | |||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | -5.4 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | 10.2 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Yield | -0.2% | -1.4% | -3.2% | -4.3% | -2.7% | -1.4% | N/A |
| Market Cap | 17M | 2.5M | 2.0M | 883K | 1.1M | 3.1M | 4.3M |
| Avg. Price | 0.82 | 1.05 | 0.12 | 0.08 | 0.06 | 0.06 | 0.22 |
| Year-End Price | 1.00 | 0.13 | 0.10 | 0.06 | 0.06 | 0.06 | 0.22 |
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. passes 0 of 9 quality checks, indicating weak fundamentals.
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) has a market capitalization of $4M. It is classified as a small-cap stock.
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) does not currently pay a regular dividend.
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) operates in the Retail-Home Furniture, Furnishings & Equipment Stores industry, within the Consumer Cyclical sector.
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) generated $-42 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) reported earnings per share (EPS) of $-0.00 in its most recent fiscal year.
The Ledger Terminal provides 6 years of financial data for PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) has a book value per share of $-0.04, based on its most recent annual SEC filing.
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