Target Group Financials
This page shows Target Group (CBDY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Target Group passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Target Group generates $13.47 in operating cash flow ($2.2M OCF vs $161K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Target Group generated $6.6M in revenue in fiscal year 2024. This represents an increase of 77.2% from the prior year.
Target Group reported $161K in net income in fiscal year 2024. This represents an increase of 149.6% from the prior year.
Target Group earned $0.00 per diluted share (EPS) in fiscal year 2024. This represents an increase of 140.0% from the prior year.
Target Group held $1.9M in cash against $7.2M in long-term debt as of fiscal year 2024.
Target Group had 617M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Target Group's gross margin was 56.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 12.0 percentage points from the prior year.
Target Group's net profit margin was 2.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 11.1 percentage points from the prior year.
CBDY Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $500K-59.9% | $1.2M-11.0% | $1.4M-24.5% | $1.9M-18.4% | $2.3M+18.5% | $1.9M+0.3% | $1.9M+83.0% | $1.0M |
| Cost of Revenue | $235K-53.0% | $500K-20.5% | $630K-19.0% | $777K-3.6% | $806K-27.4% | $1.1M | N/A | $454K |
| Gross Profit | $264K-64.5% | $745K-3.3% | $771K-28.5% | $1.1M-26.6% | $1.5M+81.3% | $810K | N/A | $592K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $267K+1.0% | $264K+2639600.0% | $10+100.0% | -$891K-426.1% | $273K-21.8% | $349K-0.4% | $351K+3.8% | $338K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$479K-118.1% | -$220K-103.1% | -$108K-150.1% | $216K-67.6% | $667K+445.1% | -$193K-4.4% | -$185K+48.2% | -$357K |
| EPS (Diluted) | $-0.00-100.0% | $-0.00-100.0% | $-0.00-166.7% | $0.00-72.7% | $0.00+466.7% | $-0.000.0% | $-0.00+50.0% | $-0.00 |
CBDY Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.2M-6.0% | $6.6M-1.2% | $6.7M-11.9% | $7.6M-4.6% | $7.9M+12.3% | $7.1M-20.0% | $8.8M+6.2% | $8.3M |
| Current Assets | $2.2M-5.6% | $2.3M-4.3% | $2.4M-22.2% | $3.1M+9.9% | $2.8M+66.7% | $1.7M-45.3% | $3.1M+19.7% | $2.6M |
| Cash & Equivalents | $346K-59.1% | $846K+8.2% | $782K-58.4% | $1.9M+7.8% | $1.7M+131.0% | $754K+1.2% | $745K+64.1% | $454K |
| Inventory | $1.4M+45.8% | $977K+24.4% | $785K-11.0% | $882K0.0% | $882K0.0% | $882K-27.4% | $1.2M-35.8% | $1.9M |
| Accounts Receivable | $313K+0.2% | $312K-51.7% | $646K+737.4% | $77K-83.7% | $473K+433.0% | $89K-91.4% | $1.0M+704.3% | $128K |
| Goodwill | $256K-2.0% | $261K+5.4% | $248K+0.1% | $248K-4.9% | $260K-1.0% | $263K-2.4% | $269K+2.2% | $264K |
| Total Liabilities | $13.6M+0.1% | $13.6M+2.5% | $13.3M-5.6% | $14.1M-1.8% | $14.3M+1.4% | $14.1M-10.6% | $15.8M+4.2% | $15.2M |
| Current Liabilities | $12.7M+27.8% | $10.0M-19.2% | $12.3M-5.8% | $13.1M-1.0% | $13.2M+1.8% | $13.0M-11.0% | $14.6M+73.5% | $8.4M |
| Long-Term Debt | $7.5M-2.0% | $7.6M+5.4% | $7.2M+0.1% | $7.2M | $0 | $0-100.0% | $7.9M+41.2% | $5.6M |
| Total Equity | -$7.4M-5.7% | -$7.0M-6.2% | -$6.6M-1.7% | -$6.5M-1.7% | -$6.4M+9.6% | -$7.1M-1.4% | -$7.0M-1.7% | -$6.9M |
| Retained Earnings | -$31.8M-1.5% | -$31.3M-0.7% | -$31.1M-0.3% | -$30.9M-1.0% | -$30.6M+2.1% | -$31.3M-0.6% | -$31.1M-0.6% | -$30.9M |
CBDY Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$506K-204.5% | $484K+185.0% | -$570K-177.4% | $736K-24.9% | $981K+26.7% | $774K+167.4% | $290K+121.4% | -$1.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $24K+54.0% | $16K-43.1% | $28K+155.8% | -$50K-405.9% | $16K+750.6% | -$3K+86.1% | -$18K-102.3% | $770K |
| Financing Cash Flow | -$8K+98.4% | -$499K+10.6% | -$557K-11379.6% | $5K-7.6% | $5K+100.7% | -$742K-36248.0% | -$2K-286.5% | $1K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CBDY Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 52.9%-6.9pp | 59.8%+4.8pp | 55.0%-3.1pp | 58.1%-6.5pp | 64.6%+22.4pp | 42.2% | N/A | 56.6% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -96.0%-78.3pp | -17.6%-9.9pp | -7.7%-19.4pp | 11.6%-17.7pp | 29.3%+39.4pp | -10.1%-0.4pp | -9.7%+24.4pp | -34.1% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -7.7%-4.4pp | -3.3%-1.7pp | -1.6%-4.5pp | 2.9%-5.6pp | 8.4%+11.1pp | -2.7%-0.6pp | -2.1%+2.2pp | -4.3% |
| Current Ratio | 0.17-0.1 | 0.23+0.0 | 0.20-0.0 | 0.24+0.0 | 0.21+0.1 | 0.13-0.1 | 0.21-0.1 | 0.31 |
| Debt-to-Equity | -1.01+0.1 | -1.090.0 | -1.10+0.0 | -1.11-1.1 | 0.000.0 | 0.00+1.1 | -1.13-0.3 | -0.81 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$6.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.24), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is Target Group's annual revenue?
Target Group (CBDY) reported $6.6M in total revenue for fiscal year 2024. This represents a 77.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Target Group's revenue growing?
Target Group (CBDY) revenue grew by 77.2% year-over-year, from $3.7M to $6.6M in fiscal year 2024.
Is Target Group profitable?
Yes, Target Group (CBDY) reported a net income of $161K in fiscal year 2024, with a net profit margin of 2.4%.
What is Target Group's earnings per share (EPS)?
Target Group (CBDY) reported diluted earnings per share of $0.00 for fiscal year 2024. This represents a 140.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Target Group have?
As of fiscal year 2024, Target Group (CBDY) had $1.9M in cash and equivalents against $7.2M in long-term debt.
What is Target Group's gross margin?
Target Group (CBDY) had a gross margin of 56.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Target Group's net profit margin?
Target Group (CBDY) had a net profit margin of 2.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Target Group's operating cash flow?
Target Group (CBDY) generated $2.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Target Group's total assets?
Target Group (CBDY) had $7.6M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Target Group have outstanding?
Target Group (CBDY) had 617M shares outstanding as of fiscal year 2024.
What is Target Group's current ratio?
Target Group (CBDY) had a current ratio of 0.24 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Target Group's debt-to-equity ratio?
Target Group (CBDY) had a debt-to-equity ratio of -1.11 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Target Group's return on assets (ROA)?
Target Group (CBDY) had a return on assets of 2.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Target Group's debt-to-equity ratio negative or unusual?
Target Group (CBDY) has negative shareholder equity of -$6.5M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Target Group's Piotroski F-Score?
Target Group (CBDY) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Target Group's earnings high quality?
Target Group (CBDY) has an earnings quality ratio of 13.47x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.