Horizon Educational Co.

9603.SRSAUTechnology● Active

$74.00

+$0.00(+0.00%)

Market Cap$185000000

P/E Ratio—

52W High$91.8

52W Low$62.15

Avg Volume662

Open$74.00

Beta-0.24

Free Cash Flow Financials Revenue

Horizon Educational Co. (9603.SR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

9603.SR · free cash flow · updated Jun 15, 2026

Core FCF metrics

9603.SR · FCF · TTM · margin & CAGR

Free cash flow was −$15.0M for FY2025 (fiscal year ending 2025-06-30), down 227.1% year-over-year The FCF margin was -36.8%.

FY2025 Free Cash Flow−$15.0M▼ -227.1% YoY

Trailing 12M (TTM)—trailing 4 quarters sum

FCF Margin-36.8%−$15.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 15, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

9603.SR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$16.1M(31M)−$15.0M▼ 227.1%-36.8%

FY2024$11.8M(3M)$11.8M▲ +22.2%27.6%

FY2023$14.3M(5M)$9.7M▲ +24.8%25.8%

FY2022$7.9M(0M)$7.7M—23.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

9603.SR · P/FCF · FCF yield · FCF per share

Horizon Educational Co. (9603.SR) reported negative free cash flow of −$0.02B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-30

Cash flow statement summary

9603.SR · cash flow statement · operating / investing / financing

For FY2025, Horizon Educational Co. generated $16.1M in operating cash flow and spent 31M in capital expenditures, yielding −$15.0M in free cash flow.

Operating Activities

+$16.1M

Cash from core business operations

2025-06-30

Investing Activities

−$10.4M

CapEx, acquisitions & investments

2025-06-30

Financing Activities

−$8.8M

Buybacks, dividends & debt

2025-06-30

FCF FormulaOperating CF ($16.1M) − |CapEx| (31M) = FCF (−$15.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

9603.SR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Horizon Educational Co.YOU

9603.SR

−$15.0M-227.1%-36.8%

Loss

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Horizon Educational Co. (9603.SR) reported free cash flow of −$15.0M for FY2025 (fiscal year ending 2025-06-30), down 227.1% year-over-year. The FCF margin was -36.8%.

Based on available data, Horizon Educational Co. has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $11.8M in FY2024.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

9603.SR free cash flow · 8 questions

Horizon Educational Co. free cash flow was −$15.0M for FY2025, down 227.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at —.

9603.SR free cash flow9603.SR FCF9603.SR FCF 20259603.SR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Horizon Educational Co. · Horizon Educational Co. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 15, 2026