Financial Gravity Companies, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Financial Gravity Companies, 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
FY2012
FY2013
FY2013
FY2015
FY2016
FY2017
FY2019
FY2019
FY2020
FY2021
Revenue
0
0
1.31
2.76
3.53
3.89
4.08
3.69
6.67
Cost of revenue
0
0.08
0.08
0.07
0.09
0.05
0.07
0.11
Gross profit
0
1.23
2.68
3.46
3.8
4.08
3.69
0
Selling, general and administrative
0.53
0.67
1.14
Selling and marketing
0.23
0.4
0.38
0.27
0.13
0.13
0.08
General and administrative
0.03
0.01
0.34
0.41
0.41
0.75
0.75
0.53
0.67
1.14
Operating expenses
0.03
0.04
0.36
2.28
4.88
4.45
5.3
4.55
4.6
7.37
Operating income
-0.97
-2.13
-0.92
-1.41
-0.48
-0.91
-0.7
Interest expense
0.01
-0.03
-0
0
0.01
0.05
0.11
0.15
0.01
0.01
Other non-operating income
-0
0.02
-0.01
-0.05
-0.11
-0.15
0.12
-6.72
Pre-tax income
-0.03
Income tax
0
-0.01
Net income
-0.03
-0.16
-0.35
-0.94
-2.14
-0.98
-1.52
-0.62
-0.79
-7.42
EBITDA
-0.97
-1.97
-0.82
-1.3
-0.29
-0.75
-0.59
EPS, basic
-0.24
-67.26
-0.24
-0.04
-0.07
-0.03
-0.04
-0.02
-0.01
-0.09
EPS, diluted
-0.24
-67.26
-0.24
-0.04
-0.07
-0.03
-0.04
-0.02
-0.01
-0.09
Shares, basic (weighted)
0
1.46
24.8
31.6
35.4
35.8
37.8
57.1
85
Shares, diluted (weighted)
0
1.46
24.8
31.6
35.4
35.8
37.8
57.1
85
Balance sheet
FY2012
FY2013
FY2013
FY2015
FY2016
FY2017
FY2019
FY2019
FY2020
FY2021
Cash and equivalents
0
0
0
0.8
0.13
0.44
0.03
0.04
0.48
0.31
Receivables
0.04
0.08
0.11
0.02
0.15
0.11
Other current assets
0.02
0.03
0.06
0.03
0.01
0.19
0.15
Total current assets
0
0
0
0.89
0.25
0.62
0.08
0.2
1.1
0.84
Property, plant and equipment
0.01
0.14
0.13
0.14
0.14
0.08
0.04
Lease right-of-use assets
0
0
0.16
Goodwill
0
0.66
1.09
1.09
1.09
1.09
8.48
3.18
Intangible assets
0.05
0.05
Total assets
0
0
0
1.63
2.1
2.38
1.78
1.75
9.85
4.35
Accounts payable
0
0.02
0
0.08
0.03
0.05
0.11
0.17
0.11
0.03
Accrued liabilities
0.05
0.1
0.12
0.13
0.15
1.07
1.08
Deferred revenue
0
0.03
0.1
0
0.09
0.08
0.07
Short-term debt
0
0.09
0.17
0.36
0.01
0.02
Total current liabilities
0.1
0.25
0.07
0.13
0.38
0.44
0.65
0.49
1.66
1.57
Long-term debt
0.68
0.71
0.43
Lease liabilities
0
0
0.19
Total liabilities
0.1
0.25
0.07
0.09
0.38
0.72
1.33
0.52
2.37
2.2
Total debt
0
0
0.28
0.68
0.02
0.71
Paid-in capital
0.12
0.13
0.66
2.41
4.77
5.68
5.99
7.39
14.4
16.5
Retained earnings
-0.22
-0.38
-0.73
-0.94
-3.08
-4.05
-5.58
-6.2
-6.99
-14.4
Shareholders' equity
-0.1
-0.25
0
1.5
1.72
1.66
0.45
1.23
7.48
2.15
Total equity
-0.1
-0.25
0.07
-0.09
1.72
1.66
0.45
1.23
7.48
2.15
Total liabilities and equity
0
0
0
1.63
2.1
2.38
1.78
1.75
9.85
4.35
Shares outstanding
0.24
0
1.5
0.3
34.9
35.7
35.8
41.4
83.6
91.6
Cash flow statement
FY2012
FY2013
FY2013
FY2015
FY2016
FY2017
FY2019
FY2019
FY2020
FY2021
Net income
-0.03
-0.16
-0.35
-0.94
-2.14
-0.98
-1.52
-0.62
-0.79
-7.42
Depreciation and amortization
0
0.15
0.1
0.11
0.19
0.17
0.11
Stock-based compensation
0
0.1
0.02
0.05
0.21
0.36
0.08
0.13
Change in receivables
0.06
-0.02
-0.03
0.07
-0.13
0.1
-0.11
Change in payables
-0
0.02
0
0
Cash from operations
-0.03
-0.02
-0.02
-0.02
-1.29
-0.75
-1.1
0.09
-0.55
-0.49
Capital expenditures
-0.01
-0
-0
-0.04
-0.04
-0
-0.01
Acquisitions
-0
0.71
-0.08
Purchases of investments
0
-0.01
0
Cash from investing
0
0
0.04
-0
-0.06
-0.04
0.71
-0.09
Stock issued
0
1.88
0.54
0.73
0.1
0
0.03
Cash from financing
0.03
0.02
0.02
1.81
0.58
1.06
0.75
-0.04
0.29
0.4
Net change in cash
-0
0.8
-0.67
0.31
-0.41
0
0.45
-0.18
Free cash flow
-0.03
-1.29
-0.75
-1.14
0.05
-0.55
-0.5
Interest paid
0
0
0.01
0.05
0.1
0.1
0.01
0.01
Income taxes paid
0
0
0
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2022; growth uses fiscal years. Valuation uses the share price of $0.07 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-12.8%
Gross profit / revenue.
Operating margin
-12.6%
Operating income / revenue.
EBITDA margin
-11.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-7.2%
Net income / revenue.
FCF margin
-2.5%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-2.4%
Cash from operations / revenue.
Return on equity (ROE)
-23.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-11.1%
Net income / average total assets.
Return on invested capital (ROIC)
-37.3%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
1.6%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.1%
Capital expenditures / revenue.
D&A / revenue
1.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
81.0%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
19.7%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
19.3%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
-100.0%
Gross profit vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-71.2%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
68.9%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
4.5%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-55.8%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
34.8%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
15.7%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
48.7%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
33.3%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
21.8%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.29x
Current assets / current liabilities.
Quick ratio
0.11x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.11x
(Cash + short-term investments) / current liabilities.
Market cap + total debt - cash - short-term investments.
P/S
1.05x
Market cap / revenue.
P/B
3.48x
Market cap / shareholders' equity. Only when equity is positive.
EV/Sales
1.02x
Enterprise value / revenue.
FCF yield
-2.4%
Free cash flow / market cap.
Earnings yield
-6.8%
Net income / market cap (the inverse of P/E).
What was Financial Gravity Companies, Inc.'s revenue in fiscal 2021?
Financial Gravity Companies, Inc. reported revenue of $6.7M for fiscal 2021, 81% higher than the year before.
Was Financial Gravity Companies, Inc. profitable in fiscal 2021?
No. It reported a net loss of $7.4M.
How much free cash flow did Financial Gravity Companies, Inc. generate in fiscal 2021?
Cash from operations of $487.1K minus capital expenditures of $8.1K left free cash flow of -$495.2K.
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.