Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Accredited Solutions, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2014
FY2016
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Revenue
0.26
0.42
0
0.48
0.69
Cost of revenue
0.22
0.34
0
0.39
0.55
Gross profit
0.04
0.07
0
0.1
0.14
General and administrative
0.42
0
0.28
0.26
Operating expenses
0
0
0
0.1
0.19
1.39
0
0.3
0.29
Operating income
-0
-0
-0
-0.1
-0.15
-1.32
0
-0.21
-0.15
Interest expense
0.34
0.07
0
0.78
0.4
Other non-operating income
-1.54
-0.15
0
0.24
-1.14
Income tax
0
0
0
0
0
Income from continuing operations
-0.02
0.04
-0.17
-1.46
0
0.03
-1.29
Net income to minority interests
0
-0.02
Net income
0.31
-0.02
0.04
-0.17
-0.1
-1.7
-1.46
-0
-0.03
-1.49
EBITDA
-0.35
0
-0.18
-0.12
EPS, basic
0.22
0.00
0.00
0.00
-0.07
-1.00
-0.08
EPS, diluted
0.22
0.00
0.00
0.00
-0.07
-1.00
-0.08
Shares, basic (weighted)
1.38
1.43
1.43
143
1.44
1.69
17.8
Shares, diluted (weighted)
1.38
1.43
1.43
143
1.44
1.69
17.8
Balance sheet
FY2014
FY2016
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Cash and equivalents
0
0
0
0
0.05
0
0.03
0.04
0
Receivables
0
0
0
0.05
0.06
Inventory
0
0
0
Other current assets
0
0
0
0.01
0
0
0
Total current assets
0
0
0.32
0.2
0.02
0.32
0.07
Property, plant and equipment
0
0
0
0
0.09
0.06
Goodwill
0
0.3
0.3
0
Intangible assets
0.01
0.01
0
0.11
0.1
Total assets
0
0
0.33
2.01
0.02
0.81
0.23
Accounts payable
0.11
0.11
0.11
0.11
0.01
0.02
0.02
0
0.1
0.16
Accrued liabilities
0.06
0.05
0.05
0.06
0
0
0
0.01
Total current liabilities
0.54
0.54
0.11
2.39
2.42
0
4.69
5.3
Total liabilities
0.04
0.04
0.04
0.04
0.11
2.39
2.42
0
4.69
5.3
Paid-in capital
5.09
5.09
5.09
4.95
5.09
4.87
7.96
-0.08
2.17
2.12
Retained earnings
-5.13
-5.13
-5.13
-5.13
-5.23
-6.93
-8.39
-0
-6.39
-7.87
Shareholders' equity
-0.04
-0.04
-0.04
-0.04
-0.11
-2.06
0
0.02
-3.88
-5.07
Minority interests
-0.02
-0.02
-0.02
0
-0.02
Total equity
-0.04
-0.06
-0.06
-0.06
-0.11
-2.06
-0.41
-4.52
-3.88
-5.07
Total liabilities and equity
0
-0.02
-0.02
0
0
0.33
2.01
0.02
0.81
0.23
Shares outstanding
1.43
1.43
1.43
143
1.44
1.95
22.3
103
339
679
Cash flow statement
FY2014
FY2016
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Net income
0.31
-0.02
0.04
-0.17
-0.1
-1.7
-1.46
-0
0.03
1.49
Depreciation and amortization
0.96
0
0.03
0.03
Stock-based compensation
0
0
0
0.01
Change in receivables
-0.05
-0.01
Change in inventory
0.27
0.11
0.16
Change in payables
-0.17
0
0
0
0.01
0.01
0
0
0.02
0.05
Cash from operations
-0.06
-0.46
-0.12
-0
-0.23
-0.08
Capital expenditures
0
-0.05
Purchases of investments
-0.06
-0.64
Cash from investing
0
-0.06
0
0.01
-0
Debt issued
0
0.25
0
0.13
Stock issued
0
0.28
Cash from financing
0.06
0.51
0.16
0.02
0.24
0.05
Net change in cash
0.05
-0.03
0.02
0.02
-0.04
Free cash flow
-0.12
-0.05
Interest paid
0
0
Income taxes paid
0
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2024; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
16.6%
Gross profit / revenue.
Operating margin
-94.6%
Operating income / revenue.
EBITDA margin
-92.7%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
434.9%
Net income / revenue.
Operating cash flow margin
-52.9%
Cash from operations / revenue.
Return on assets (ROA)
1,047.0%
Net income / average total assets.
D&A / revenue
1.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
42.6%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
18.3%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
45.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
23.7%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-71.8%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-51.5%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.07x
Current assets / current liabilities.
Quick ratio
0.06x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.00
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.00
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.00
Cash from operations / diluted weighted shares.
Book value per share
-$0.00
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
0.10x
Market cap / net income. Only when net income is positive.
P/S
0.44x
Market cap / revenue.
EV/Sales
0.42x
Enterprise value / revenue.
Earnings yield
981.1%
Net income / market cap (the inverse of P/E).
What was Accredited Solutions, Inc.'s revenue in fiscal 2023?
Accredited Solutions, Inc. reported revenue of $688.9K for fiscal 2023, 42.6% higher than the year before.
Was Accredited Solutions, Inc. profitable in fiscal 2023?
No. It reported a net loss of $1.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.