FORZA INNOVATIONS INC (FORZ) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2024, filed Apr 29, 2024. Each column of the statement tables below links to the filing it was taken from.
FORZA INNOVATIONS INC (FORZ) reported $94K in revenue over the twelve months to Dec 31, 2023. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Balance-sheet strain dominates the economics as gross profit is overwhelmed by operating overhead and financing obligations.
In FY2023, gross profit of$87.7K was less than SG&A of$299.1K , so product-level profitability did not translate into operating capacity. Liabilities of$4.7M were about 51x assets of$91.4K , leaving equity deeply negative; with interest expense also material, capitalization—not gross margin alone—is the central constraint.
Gross margin fell from
Cash conversion shifted materially: FY2020 operating cash flow was
Financial Health Signals
FORZA INNOVATIONS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
FORZA INNOVATIONS INC generated $8K in revenue in Q2 2024. This represents a decrease of 75.5% from the same quarter a year earlier. Against the prior quarter it is down 75.9%.
FORZA INNOVATIONS INC's EBITDA was -$15K in Q2 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 96.4% from the same quarter a year earlier. Against the prior quarter it is down 1114.0%.
Not reported for Q2 2024.
Not reported for Q2 2024.
Cash & Balance Sheet
FORZA INNOVATIONS INC held $1K in cash as of Q2 2024; long-term debt is not reported for that period.
Not reported for Q2 2024.
Not reported for Q2 2024.
Margins & Returns
FORZA INNOVATIONS INC's gross margin was 99.8% in Q2 2024, indicating the percentage of revenue retained after direct costs. This is up 65.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.2 percentage points.
Not shown for Q2 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q2 2024.
Not reported for Q2 2024.
Capital Allocation
None of these metrics is reported for Q2 2024.
FORZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8K-75.5% | $32K+11.2% | $14K | $40K | $32K | $29K | N/A | N/A |
| Cost of Revenue | $14-99.9% | $1K-73.8% | $341 | $356 | $21K | $5K | N/A | N/A |
| Gross Profit | $8K-28.7% | $31K+30.8% | $14K | $40K | $11K | $24K | N/A | N/A |
| SG&A Expenses | $14K-83.1% | $16K-75.5% | $75K | $80K-64.2% | $80K+17.6% | $63K+95.5% | N/A | $224K+1939.6% |
| Operating Income | -$17K+96.0% | -$2K+99.7% | N/A | -$298K+26.7% | -$432K-142.0% | -$513K | N/A | -$407K-3607.9% |
| EBITDA | -$15K+96.4% | $1K+100.3% | N/A | -$280K+29.8% | -$414K-142.7% | -$499K | N/A | -$398K-3534.1% |
| Interest Expense | $66K+210.0% | $61K+3.1% | $99K | $55K-24.9% | $21K+137.6% | $59K+608.2% | N/A | $73K+1823.2% |
| Income Tax | $0 | $0 | N/A | N/A | $0 | $0 | N/A | N/A |
| Net Income | N/A | N/A | N/A | -$1.1M-8.0% | -$862K-122.6% | -$838K | N/A | -$999K |
| Diluted Shares (Avg) | 10.42B+1852.6% | N/A | N/A | N/A | 534M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses, EPS (Basic), EPS (Diluted).
FORZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $73K-74.0% | $88K-82.5% | $91K-80.2% | $252K-57.4% | $282K+115.0% | $504K+314.9% | $463K+235.5% | $591K+337.4% |
| Current Assets | $1K-98.3% | N/A | N/A | $59K-86.3% | $70K+206.0% | $274K+5006.6% | $301K+2101.1% | $430K+565838.2% |
| Cash & Equivalents | $1K | N/A | $0 | $13K-97.1% | $0-100.0% | $0-100.0% | $0-100.0% | $430K+565838.2% |
| Short-Term Investments | $0 | N/A | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | N/A | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.3M+99.4% | $5.3M+147.0% | $4.7M+162.6% | $2.9M+59.3% | $2.2M+189.4% | $2.1M+488.9% | $1.8M+325.5% | $1.8M+411.8% |
| Current Liabilities | $4.3M+99.4% | $5.3M+147.0% | $4.7M+162.6% | $2.9M+59.3% | $2.2M+189.4% | $2.1M+488.9% | $1.8M+325.5% | $1.8M+411.8% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | -$4.3M-125.3% | -$5.2M-218.4% | -$4.6M-247.2% | -$2.7M-115.0% | -$1.9M-205.2% | -$1.6M-577.2% | -$1.3M-369.4% | -$1.2M-457.0% |
| Retained Earnings | -$10.7M-35.8% | -$11.6M-64.9% | -$11.0M-76.8% | -$9.0M-53.6% | -$7.9M-63.0% | -$7.0M-57.8% | -$6.2M-77.3% | -$5.8M-70.1% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
FORZ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | -$43K+80.5% | -$161K+49.3% | -$315K-115.8% | -$245K-732.7% | -$218K | -$318K-6976.8% |
| Depreciation & Amortization | $2K-87.8% | $3K-78.5% | $10K-19.3% | $18K+125.4% | $18K+126.1% | $14K+74.8% | $12K | $8K |
| Stock-Based Compensation | $0-100.0% | $0-100.0% | N/A | $126K | $109K | $189K-77.9% | N/A | N/A |
| Capital Expenditures | N/A | N/A | $0-100.0% | $4 | -$4 | $82K | $20K | N/A |
| Free Cash Flow | N/A | N/A | -$43K+82.1% | -$161K | -$315K | -$327K | -$239K | N/A |
| Investing Cash Flow | N/A | N/A | $0+100.0% | -$28K | -$19K | -$82K | -$20K | N/A |
| Financing Cash Flow | N/A | N/A | $30K-71.3% | $150K-80.8% | $111K-32.4% | $306K+1349.0% | $105K | $781K+11154.5% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FORZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 99.8%+65.5pp | 95.6%+14.3pp | 97.6% | 99.1% | 34.3% | 81.2% | N/A | N/A |
| Operating Margin | -223.5% | -4.7% | N/A | -745.8% | -1366.4% | -1771.0% | N/A | N/A |
| Net Margin | N/A | N/A | N/A | -2701.5% | -2726.8% | -2891.4% | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | -428.1%-259.1pp | -306.0%-10.5pp | -166.2% | N/A | -169.0% |
| Current Ratio | 0.000.0x | N/A | N/A | 0.02-0.2x | 0.030.0x | 0.13+0.1x | 0.17+0.1x | 0.23+0.2x |
| Asset Turnover | 0.110.0x | 0.36+0.3x | 0.15 | 0.16 | 0.11 | 0.06 | N/A | N/A |
| FCF Margin | N/A | N/A | -303.6% | -403.9% | -995.5% | -1128.7% | N/A | N/A |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$4.6M), 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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| FORZA INNOVATIONS INC FORZ | FY2023 | $115K | N/A | N/A | $252K | — |
| SONENDO INC SONX | FY2024 | $33.2M | -$28.0M | -84.4% | $6.2M | — |
Where FORZA INNOVATIONS INC Ranks
Frequently Asked Questions
What is FORZA INNOVATIONS INC's annual revenue?
FORZA INNOVATIONS INC (FORZ) reported $115K in total revenue for fiscal year 2023. This represents a 343.0% 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 FORZA INNOVATIONS INC's revenue growing?
FORZA INNOVATIONS INC (FORZ) revenue grew by 343.0% year-over-year, from $26K to $115K in fiscal year 2023.
What is FORZA INNOVATIONS INC's gross margin?
FORZA INNOVATIONS INC (FORZ) had a gross margin of 76.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.
What are FORZA INNOVATIONS INC's total assets?
FORZA INNOVATIONS INC (FORZ) had $91K in total assets as of fiscal year 2023, including both current and long-term assets.
What are FORZA INNOVATIONS INC's capital expenditures?
FORZA INNOVATIONS INC (FORZ) invested $82K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.
What is FORZA INNOVATIONS INC's P/E ratio?
FORZA INNOVATIONS INC (FORZ) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $252K as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FORZA INNOVATIONS INC's price-to-sales ratio?
FORZA INNOVATIONS INC (FORZ) trades at 2.7x sales, its market capitalization divided by revenue of $94K revenue, trailing 12 months to December 31, 2023. The market capitalization is $252K as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is FORZA INNOVATIONS INC's debt-to-equity ratio negative or not reported?
FORZA INNOVATIONS INC (FORZ) has negative shareholder equity of -$4.6M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.