Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data GENOIL 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
FY2020
FY2022
FY2022
FY2023
FY2024
Revenue
0
0
0
0
0
Cost of revenue
0
0
0
0
Gross profit
0
0
0
0
0
Operating expenses
3.82
1.17
1.72
3.66
2.01
Operating income
-3.82
-1.17
-1.72
-3.66
-2.01
Interest expense
0.72
1.35
1.93
Other non-operating income
-0.72
-1.35
-1.93
-0.67
-0.08
Pre-tax income
-4.54
-2.52
-3.64
-4.33
-2.09
Income tax
0
0
0
0
0
Net income
-4.54
-2.52
-3.64
-4.33
-2.09
Balance sheet
FY2020
FY2022
FY2022
FY2023
FY2024
Cash and equivalents
0
0
0.01
0.01
0.01
Other current assets
0
0.01
0
0.08
0.08
Total current assets
0.16
0.12
0.11
0.1
0.1
Intangible assets
0
0
0
Total assets
0.2
0.17
0.15
0.24
0.13
Accounts payable
0.07
0.11
0.12
0.11
0.16
Total current liabilities
3.1
9.19
11.1
0.17
0.24
Total liabilities
7.81
9.19
11.1
0.38
0.46
Paid-in capital
36.2
37.3
40.3
41.6
Retained earnings
-93.3
-95.9
-99.5
-104
-106
Other comprehensive income
-0.22
-0.22
-0.22
-0.22
-0.22
Shareholders' equity
-7.61
-9.02
-11
-0.14
-0.32
Total equity
-7.61
-9.02
-11
-0.14
-0.32
Total liabilities and equity
0.2
0.17
0.15
0.24
0.13
Shares outstanding
0
641
696
1,913
1,969
Cash flow statement
FY2020
FY2022
FY2022
FY2023
FY2024
Net income
-4.54
-2.52
-3.64
-4.33
-2.09
Stock-based compensation
3.48
0.72
1.24
3.1
1.35
Cash from operations
-0.33
-0.42
-0.47
-0.65
-0.61
Cash from financing
0.33
0.42
0.47
0.65
0.61
Net change in cash
0
-0
0.01
0.01
0
Interest paid
0
0
0
0
0
Income taxes paid
0
0
0
0
0
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $0.01 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-1,115.0%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
-44.5%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-7.3%
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
0.40x
Current assets / current liabilities.
Quick ratio
0.05x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.05x
(Cash + short-term investments) / current liabilities.
Market cap + total debt - cash - short-term investments.
Earnings yield
-10.6%
Net income / market cap (the inverse of P/E).
What was GENOIL INC's revenue in fiscal 2024?
GENOIL INC reported revenue of $0.0 for fiscal 2024.
Was GENOIL INC profitable in fiscal 2024?
No. It reported a net loss of $2.1M.
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.