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Financial statements

Global Gas Corp financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Global Gas Corp 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

FY2021FY2022FY2024FY2025
Revenue0.03
Selling, general and administrative0.020
General and administrative2.222.880.550.2
Operating expenses2.543.23
Operating income-0.55-0.17
Interest expense00.01
Interest income0.30.020
Other non-operating income0.420.2
Pre-tax income-0.130.03
Income tax0.080.01
Net income5.556.56-0.130.02

Balance sheet

FY2021FY2022FY2024FY2025
Cash and equivalents0.1200.110.05
Other current assets0.090.010.01
Total current assets0.212.750.120.06
Total assets17314.70.120.06
Accounts payable0.131.860.080.05
Accrued liabilities1.62.6
Deferred revenue0.06
Short-term debt0.170.18
Total current liabilities1.924.760.540.34
Total liabilities14.64.90.570.35
Paid-in capital0.13
Retained earnings-14.3-2-0.45-0.42
Shareholders' equity-14.3-2-0.45-0.3
Total equity-14.3-2-0.45-0.3
Total liabilities and equity17314.70.120.06

Cash flow statement

FY2021FY2022FY2024FY2025
Net income5.556.56-0.130.02
Stock-based compensation0.140.13
Change in receivables-2.75
Change in payables-0.21.73-1.01-0.03
Cash from operations-0.9-0.3-1.34-0.06
Cash from investing0.08161
Stock issued-0.070.28
Cash from financing-1610.27-0
Net change in cash-0.83-0.12-1.07-0.07

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.05 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-1,139.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-54.1%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.05xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets2,368.0%Total liabilities / total assets.
Interest coverage-13.3xOperating income / interest expense.
Working capital-$323.9KCurrent assets - current liabilities.
Tangible book value-$364.3KShareholders' equity - goodwill - intangible assets.
What was Global Gas Corp's revenue in fiscal 2025?

Global Gas Corp reported revenue of $33.0K for fiscal 2025.

Was Global Gas Corp profitable in fiscal 2025?

Yes. Net income was $24.3K, a net margin of 73.7%.

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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