Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data M2i Global, 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
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0
0
Gross profit
0
General and administrative
0.02
0.02
0.02
0.07
0.28
1.17
1.45
Operating expenses
0.07
1.98
3.8
5.97
Operating income
0.02
0.04
-0.07
-1.98
-3.8
-5.97
Interest expense
0.02
0.02
0.07
0.01
0.03
0.03
Other non-operating income
-0.01
-0.09
-0.52
Pre-tax income
-0.02
0.02
0.02
-0.07
-1.99
Income tax
0
0.01
0.01
Income from continuing operations
0.02
0.02
Net income
-0.02
-0.02
0.02
-0.07
-1.99
-3.89
-6.49
EPS, basic
0.00
0.00
0.00
-0.01
-0.01
-0.01
-0.01
EPS, diluted
0.00
0.00
0.00
-0.01
-0.01
-0.01
-0.01
Shares, basic (weighted)
4.11
5.09
5.1
281
548
648
Shares, diluted (weighted)
4
4.11
5.09
5.1
281
548
648
Balance sheet
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0
0.01
0
0
0.05
0.08
0.41
Other current assets
0
0
0.02
0.01
0.01
0.08
Total current assets
0
0.01
0.02
0.01
0.05
0.09
0.49
Total assets
0
0.01
0.02
0.13
0.05
0.09
0.49
Accounts payable
0
0
0
0.24
Accrued liabilities
0.02
0.03
0.05
Total current liabilities
0.02
0.03
0.04
0.12
1.09
2.62
7.54
Total liabilities
-0.02
0.03
0.04
0.12
1.09
2.62
7.54
Paid-in capital
0
0.02
0.03
0.12
1
3.32
5.17
Retained earnings
-0.02
0.04
0.06
-0.12
-2.11
-6
-12.5
Treasury stock
-4
-0.44
-0.44
-0.44
Shareholders' equity
-0.02
-0.02
-0.02
0
-1.04
-2.53
-7.05
Total equity
-0.02
-0.02
0.02
-0
-1.04
-2.53
-7.05
Total liabilities and equity
0
0.01
0.02
0.13
0.05
0.09
0.49
Shares outstanding
4
4.65
5.09
7.11
514
582
713
Cash flow statement
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-0.02
-0.02
-0.02
-0.07
-1.99
-3.89
-6.49
Stock-based compensation
0.17
Deferred income tax
0
0.01
Change in payables
-0
0
0.23
0.42
0.28
Cash from operations
-0.02
-0.02
0.04
-0.01
-1.61
-2.1
-4.23
Cash from investing
-0.02
Debt repaid
-0.3
Stock issued
0
0.02
0.01
1.24
2.03
0.76
Share buybacks
-0.44
Cash from financing
0.01
0.03
0.02
0.03
1.66
2.13
4.56
Net change in cash
-0.01
0.05
0.03
0.33
Interest paid
0
0
Income taxes paid
0
0
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.02 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-2,265.0%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
471.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
57.1%
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
110.9%
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
18.2%
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
402.8%
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
175.1%
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
0.06x
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.
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.
EPS, basic
-$0.01
Net income per basic share, as reported (split-adjusted).
Operating cash flow per share
-$0.01
Cash from operations / diluted weighted shares.
Book value per share
-$0.01
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
Earnings yield
-33.2%
Net income / market cap (the inverse of P/E).
Was M2i Global, Inc. profitable in fiscal 2025?
No. It reported a net loss of $6.5M.
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.