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Financial statements

Trans American Aquaculture, Inc financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Trans American Aquaculture, 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

FY2021FY2023FY2023FY2024
Revenue0.320.050.10.33
Cost of revenue0.970.290.660.32
Gross profit-0.66-0.24-0.560.01
General and administrative0.230.150.860.85
Interest expense0.540.490.490.48
Other non-operating income-0.51-0.51-0.5-1.97
Pre-tax income-1.4-0.9-1.92-2.81
Income tax00.03-0.030
Net income-1.4-0.92-1.89-2.81
EPS, basic0.00-0.00-0.00-0.00
EPS, diluted0.00-0.00-0.00-0.00
Shares, basic (weighted)01,2951,4521,806
Shares, diluted (weighted)01,2951,4521,806

Balance sheet

FY2021FY2023FY2023FY2024
Cash and equivalents000.010
Receivables0.050
Inventory0.160.160.23
Other current assets00
Total current assets0.210.250.26
Property, plant and equipment7.467.410.69
Total assets7.677.660.95
Accounts payable0.220.40.53
Accrued liabilities0.450.79
Short-term debt0.330.53
Total current liabilities2.73.733.61
Long-term debt4.584.330.56
Total liabilities7.318.144.17
Total debt4.584.330.05
Paid-in capital00.10.1
Retained earnings-0.92-2.87-5.68
Shareholders' equity0.780.36-0.48-3.22
Total equity0.780.36-0.48-3.22
Total liabilities and equity7.677.660.95
Shares outstanding1,6451,6451,806

Cash flow statement

FY2021FY2023FY2023FY2024
Net income-1.4-0.92-1.89-2.81
Depreciation and amortization0.10.090.060.05
Deferred income tax0.03-0.030
Change in inventory-0.05-0.11-0.090.02
Change in payables0.070.030.390.14
Cash from operations-1.26-0.51-1.11-3
Capital expenditures-00-0.02
Cash from investing-00-0.026.72
Dividends paid0000
Cash from financing1.270.511.13-3.73
Net change in cash000.01-0.01
Free cash flow-1.27-0.51-1.12
Interest paid0.240.090.020
Income taxes paid0000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2025; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin1,002.0%Gross profit / revenue.
Pre-tax margin-13,058.0%Pre-tax income / revenue.
Net margin-13,058.0%Net income / revenue.
Operating cash flow margin-20,156.0%Cash from operations / revenue.
Return on assets (ROA)-194.7%Net income / average total assets.
D&A / revenue-169.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y226.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y1.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-87.6%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y24.4%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.07xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets439.6%Total liabilities / total assets.
Working capital-$4.4MCurrent assets - current liabilities.
Tangible book value-$3.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.01xRevenue / average total assets.
Fixed asset turnover0.02xRevenue / average property, plant and equipment.
Inventory turnover-0.29xCost of revenue / average inventory.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.00Net 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$0.00Revenue / diluted weighted shares.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share-$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.00Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$180.6KShare price x shares outstanding.
Enterprise value$180.1KMarket cap + total debt - cash - short-term investments.
P/S10.9xMarket cap / revenue.
EV/Sales10.9xEnterprise value / revenue.
Earnings yield-1,193.0%Net income / market cap (the inverse of P/E).
Dividend yield0.0%Dividends paid over the period / market cap.
Shareholder yield0.0%(Dividends paid + share buybacks) / market cap.
What was Trans American Aquaculture, Inc's revenue in fiscal 2024?

Trans American Aquaculture, Inc reported revenue of $331.6K for fiscal 2024, 226.5% higher than the year before.

Was Trans American Aquaculture, Inc profitable in fiscal 2024?

No. It reported a net loss of $2.8M.

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.

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