What is Target Group Inc's earnings per share (EPS)?

Target Group Inc (CBDY) reported diluted earnings per share of $-0.00 for fiscal year 2025. This represents a -1200.0% 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.

Target Group Inc Financials

CBDY

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Target Group Inc (CBDY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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).

Rhea AI CBDY FY2025 2026-05-15

A gross-margin-positive business is being squeezed by working-capital reversals and a liability-heavy balance sheet that limits flexibility.

The prior year's cash rebound looks temporary: operating cash flow fell from $2.16M to -$842K even though gross margin stayed broadly intact. With revenue at $3.88M and inventory at $1.67M, cash was being absorbed by working capital rather than released from it, signaling weaker cash conversion instead of simply weaker unit economics.

The balance sheet is funding the business from the liability side: it ended with just $109K of cash against $13.38M of current liabilities. A current ratio of 0.2x leaves little room for day-to-day volatility and makes liquidity heavily dependent on creditors continuing to carry the load.

The company still generated gross profit on more than half of sales, but net margin moved from 2.4% to -35.0%. Because equity was already -$8.06M, the loss further deepened a capital structure where liabilities, not shareholder capital, are doing most of the financing.

Financial Health Signals

Financial Profile 12/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Target Group Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Target Group Inc's revenue declined 41.1% year-over-year, from $6.6M to $3.9M. This contraction results in a growth score of 37/100.

Leverage

Target Group Inc has a moderate D/E ratio of -0.94. This balance of debt and equity financing earns a leverage score of 34/100.

Liquidity

Target Group Inc's current ratio of 0.17 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak

2/9

Target Group Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.62x

For every $1 of reported earnings, Target Group Inc generates $0.62 in operating cash flow (-$842K OCF vs -$1.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$3.9M

YoY-41.1%

5Y CAGR+164.5%

Target Group Inc generated $3.9M in revenue in fiscal year 2025. This represents a decrease of 41.1% from the prior year.

EBITDA

N/A

Net Income

-$1.4M

YoY-947.1%

Target Group Inc reported -$1.4M in net income in fiscal year 2025. This represents a decrease of 947.1% from the prior year.

EPS (Diluted)

$-0.00

YoY-1200.0%

Target Group Inc earned $-0.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1200.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$109K

YoY-94.2%

5Y CAGR-9.7%

10Y CAGR+62.7%

Target Group Inc held $109K in cash against $7.6M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

617M

YoY+0.0%

5Y CAGR+1.5%

Target Group Inc had 617M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

53.3%

YoY-3.2pp

5Y CAGR+36.6pp

Target Group Inc's gross margin was 53.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.2 percentage points from the prior year.

Operating Margin

N/A

Net Margin

-35.0%

YoY-37.5pp

5Y CAGR+23544.5pp

Target Group Inc's net profit margin was -35.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 37.5 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CBDY Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$3.9M-41.1%	$6.6M+77.2%	$3.7M	$0	$0-100.0%	$30K
Cost of Revenue	$1.8M-36.7%	$2.9M+38.8%	$2.1M	$0	N/A	$25K
Gross Profit	$2.1M-44.5%	$3.7M+125.1%	$1.7M	$0	N/A	$5K
R&D Expenses	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	$136K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$380.0%	$38-100.0%	$1.4M+25.8%	$1.1M+13.8%	$986K+91.7%	$514K
Income Tax	$0	$0	$0	$0	$0	$0
Net Income	-$1.4M-947.1%	$161K+149.6%	-$324K+92.8%	-$4.5M-1756.4%	$273K+103.9%	-$7.1M
EPS (Diluted)	$-0.00-1200.0%	$0.00+140.0%	$-0.00+93.2%	$-0.01-7400.0%	$0.00+100.8%	$-0.01

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$879K+19.6%	$735K+47.1%	$500K-59.9%	$1.2M-11.0%	$1.4M-24.5%	$1.9M+242.9%	$541K-76.2%	$2.3M
Cost of Revenue	$688K+53.5%	$448K+90.4%	$235K-53.0%	$500K-20.5%	$630K-19.0%	$777K+349.4%	$173K-78.5%	$806K
Gross Profit	$192K-33.2%	$287K+8.6%	$264K-64.5%	$745K-3.3%	$771K-28.5%	$1.1M+192.9%	$368K-74.9%	$1.5M
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	$9+100.0%	-$531K-299.0%	$267K+1.0%	$264K+2932900.0%	$9+100.0%	-$891K-432.1%	$268K-1.8%	$273K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$550K+0.4%	-$552K-15.2%	-$479K-118.1%	-$220K-103.1%	-$108K-150.1%	$216K+140.8%	-$529K-179.3%	$667K
EPS (Diluted)	$-0.00	N/A	$-0.00-100.0%	$-0.00-100.0%	$-0.00	N/A	$-0.00-181.8%	$0.00

CBDY Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$6.2M-18.4%	$7.6M-14.3%	$8.8M+16.9%	$7.6M-42.1%	$13.1M+0.2%	$13.0M
Current Assets	$2.3M-24.9%	$3.1M+0.2%	$3.1M+240.0%	$910K+55.8%	$584K-22.6%	$755K
Cash & Equivalents	$109K-94.2%	$1.9M+152.0%	$745K+220.7%	$232K+90.2%	$122K-32.7%	$182K
Inventory	$1.7M+89.2%	$882K-27.4%	$1.2M	$0-100.0%	$99K0.0%	$99K
Accounts Receivable	$446K+478.9%	$77K-92.5%	$1.0M+49780.6%	$2K0.0%	$2K0.0%	$2K
Goodwill	$260K+5.0%	$248K-8.1%	$269K+2.4%	$263K-92.9%	$3.7M+0.4%	$3.7M
Total Liabilities	$14.2M+1.1%	$14.1M-11.0%	$15.8M+12.0%	$14.1M-7.2%	$15.2M-8.1%	$16.6M
Current Liabilities	$13.4M+2.2%	$13.1M-10.2%	$14.6M+110.6%	$6.9M+71.3%	$4.0M-17.0%	$4.9M
Long-Term Debt	$7.6M+5.0%	$7.2M-8.1%	$7.9M+32.3%	$6.0M-23.2%	$7.8M+6.4%	$7.3M
Total Equity	-$8.1M-23.9%	-$6.5M+6.7%	-$7.0M-6.3%	-$6.6M-204.8%	-$2.2M+38.9%	-$3.5M
Retained Earnings	-$32.3M-4.4%	-$30.9M+0.5%	-$31.1M-1.1%	-$30.8M-17.2%	-$26.3M+1.0%	-$26.5M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$6.1M-1.6%	$6.2M-0.3%	$6.2M-6.0%	$6.6M-1.2%	$6.7M-11.9%	$7.6M-0.2%	$7.6M-4.4%	$7.9M
Current Assets	$2.5M+6.5%	$2.3M+6.8%	$2.2M-5.6%	$2.3M-4.3%	$2.4M-22.2%	$3.1M+19.7%	$2.6M-8.2%	$2.8M
Cash & Equivalents	$210K+92.9%	$109K-68.5%	$346K-59.1%	$846K+8.2%	$782K-58.4%	$1.9M+45.2%	$1.3M-25.8%	$1.7M
Inventory	$1.7M+0.4%	$1.7M+17.2%	$1.4M+45.8%	$977K-41.5%	$1.7M+89.2%	$882K0.0%	$882K0.0%	$882K
Accounts Receivable	$455K+1.9%	$446K+42.8%	$313K+0.2%	$312K-51.7%	$646K+737.4%	$77K+66.8%	$46K-90.2%	$473K
Goodwill	$256K-1.7%	$260K+1.6%	$256K-2.0%	$261K+5.4%	$248K+0.1%	$248K-6.2%	$264K+1.4%	$260K
Total Liabilities	$14.6M+2.7%	$14.2M+4.5%	$13.6M+0.1%	$13.6M+2.5%	$13.3M-5.6%	$14.1M-3.4%	$14.6M+1.7%	$14.3M
Current Liabilities	$13.8M+3.3%	$13.4M+5.0%	$12.7M+27.8%	$10.0M-19.2%	$12.3M-5.8%	$13.1M-2.9%	$13.5M+2.0%	$13.2M
Long-Term Debt	$7.5M-1.7%	$7.6M+1.6%	$7.5M-2.0%	$7.6M+5.4%	$7.2M+0.1%	$7.2M-6.2%	$7.7M	$0
Total Equity	-$8.5M-6.0%	-$8.1M-8.5%	-$7.4M-5.7%	-$7.0M-6.2%	-$6.6M-1.7%	-$6.5M+7.0%	-$7.0M-9.4%	-$6.4M
Retained Earnings	-$32.9M-1.7%	-$32.3M-1.7%	-$31.8M-1.5%	-$31.3M-0.7%	-$31.1M-0.3%	-$30.9M+0.7%	-$31.2M-1.7%	-$30.6M

CBDY Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$842K-139.0%	$2.2M+466.8%	-$590K+41.9%	-$1.0M-1113.6%	$100K+107.0%	-$1.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$43K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$1.5M
Investing Cash Flow	$81K+145.5%	-$179K-142.9%	$417K-58.9%	$1.0M+172.2%	-$1.4M-44.0%	-$976K
Financing Cash Flow	-$1.1M-45.8%	-$730K-209.5%	$667K+443.6%	$123K-90.2%	$1.3M-51.3%	$2.6M
Dividends Paid	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

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$94K+62.7%	-$251K+50.4%	-$506K-204.5%	$484K+185.0%	-$570K-177.4%	$736K+323.7%	-$329K-133.6%	$981K
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	-$40K-407.6%	$13K-46.8%	$24K+54.0%	$16K-43.1%	$28K+155.8%	-$50K+64.9%	-$143K-971.7%	$16K
Financing Cash Flow	$241K+35374.2%	-$682+91.6%	-$8K+98.4%	-$499K+10.6%	-$557K-11379.6%	$5K+402.7%	$983-81.6%	$5K
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	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	53.3%-3.2pp	56.5%+12.0pp	44.5%	N/A	N/A	16.7%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-35.0%-37.5pp	2.4%+11.1pp	-8.7%	N/A	N/A	-23579.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-22.0%-24.1pp	2.1%+5.8pp	-3.7%+56.1pp	-59.7%-61.8pp	2.1%+56.4pp	-54.3%
Current Ratio	0.17-0.1	0.24+0.0	0.21+0.1	0.13-0.0	0.14-0.0	0.15
Debt-to-Equity	-0.94+0.2	-1.11+0.0	-1.13-0.2	-0.91+2.7	-3.61-1.5	-2.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	-4918.9%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	21.8%-17.3pp	39.1%-13.9pp	52.9%-6.9pp	59.8%+4.8pp	55.0%-3.1pp	58.1%-9.9pp	68.0%+3.5pp	64.6%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-62.6%+12.5pp	-75.1%+20.8pp	-96.0%-78.3pp	-17.6%-9.9pp	-7.7%-19.4pp	11.6%+109.4pp	-97.8%-127.0pp	29.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-9.1%-0.1pp	-8.9%-1.2pp	-7.7%-4.4pp	-3.3%-1.7pp	-1.6%-4.5pp	2.9%+9.8pp	-7.0%-15.4pp	8.4%
Current Ratio	0.180.0	0.170.0	0.17-0.1	0.23+0.0	0.20-0.0	0.24+0.0	0.19-0.0	0.21
Debt-to-Equity	-0.88+0.1	-0.94+0.1	-1.01+0.1	-1.090.0	-1.10+0.0	-1.110.0	-1.10-1.1	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$8.1M), 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 (0.17), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

New Leaf Venture NLVVF

$1.1M

Herborium Group HBRM

$1.1M

Premier Biomedical Inc BIEI

$2.1M

PLANET BASED FOODS GLOBAL INC PBFFF

$1.3M

4Cable Tv Intern CATV

$1.1M

Frequently Asked Questions

What is Target Group Inc's annual revenue?

Target Group Inc (CBDY) reported $3.9M in total revenue for fiscal year 2025. This represents a -41.1% 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 Inc's revenue growing?

Target Group Inc (CBDY) revenue declined by 41.1% year-over-year, from $6.6M to $3.9M in fiscal year 2025.

Is Target Group Inc profitable?

No, Target Group Inc (CBDY) reported a net income of -$1.4M in fiscal year 2025, with a net profit margin of -35.0%.

How much debt does Target Group Inc have?

As of fiscal year 2025, Target Group Inc (CBDY) had $109K in cash and equivalents against $7.6M in long-term debt.

What is Target Group Inc's gross margin?

Target Group Inc (CBDY) had a gross margin of 53.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Target Group Inc's net profit margin?

Target Group Inc (CBDY) had a net profit margin of -35.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Target Group Inc's operating cash flow?

Target Group Inc (CBDY) generated -$842K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Target Group Inc's total assets?

Target Group Inc (CBDY) had $6.2M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Target Group Inc have outstanding?

Target Group Inc (CBDY) had 617M shares outstanding as of fiscal year 2025.

What is Target Group Inc's current ratio?

Target Group Inc (CBDY) had a current ratio of 0.17 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Target Group Inc's debt-to-equity ratio?

Target Group Inc (CBDY) had a debt-to-equity ratio of -0.94 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Target Group Inc's return on assets (ROA)?

Target Group Inc (CBDY) had a return on assets of -22.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Target Group Inc's cash runway?

Based on fiscal year 2025 data, Target Group Inc (CBDY) had $109K in cash against an annual operating cash burn of $842K. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Target Group Inc's debt-to-equity ratio negative or unusual?

Target Group Inc (CBDY) has negative shareholder equity of -$8.1M as of fiscal year 2025, 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 Inc's Piotroski F-Score?

Target Group Inc (CBDY) has a Piotroski F-Score of 2 out of 9, indicating weak 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Target Group Inc's earnings high quality?

Target Group Inc (CBDY) has an earnings quality ratio of 0.62x, considered low quality (accrual-driven). 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.

How financially healthy is Target Group Inc?

Target Group Inc (CBDY) scores 12 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.