Frontera Group Inc Financials

FRTG

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2022 Currency USD FYE June

This page shows Frontera Group Inc (FRTG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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

Earnings Quality Low Quality

0.37x

For every $1 of reported earnings, Frontera Group Inc generates $0.37 in operating cash flow (-$485K OCF vs -$1.3M 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

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Revenue

$373K

5Y CAGR+85.9%

Frontera Group Inc generated $373K in revenue in fiscal year 2022.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$1.3M

YoY-17221.1%

Frontera Group Inc reported -$1.3M in net income in fiscal year 2022. This represents a decrease of 17221.1% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$2K

5Y CAGR+33.5%

Frontera Group Inc held $2K in cash against $0 in long-term debt as of fiscal year 2022.

Dividends Per Share

N/A

Shares Outstanding

48M

Frontera Group Inc had 48M shares outstanding in fiscal year 2022. This represents a decrease of 84.5% from the prior year.

Gross Margin

-12.5%

5Y CAGR-85.7pp

Frontera Group Inc's gross margin was -12.5% in fiscal year 2022, indicating the percentage of revenue retained after direct costs.

Operating Margin

N/A

Net Margin

-354.3%

5Y CAGR-32.8pp

Frontera Group Inc's net profit margin was -354.3% in fiscal year 2022, showing the share of revenue converted to profit.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

FRTG Income Statement

Metric	FY22	FY19	FY18	FY17	FY16	FY15
Revenue	$373K	N/A	N/A	N/A	$2K-88.1%	$17K
Cost of Revenue	$419K	N/A	N/A	N/A	N/A	$0
Gross Profit	-$47K	N/A	N/A	N/A	$950-92.3%	$12K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$411K	N/A	$3K+30.8%	$2K-83.1%	$15K-46.0%	$27K
Operating Income	N/A	-$3K	N/A	N/A	N/A	N/A
Interest Expense	$885K	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$1.3M-17221.1%	$8K+138.0%	-$20K+14.6%	-$24K+39.1%	-$39K+27.7%	-$54K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q2'21	Q3'21
Revenue	$253K+2.1%	$247K	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	$283K-16.3%	$338K	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	-$30K+66.5%	-$90K	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$70K-61.7%	$183K	N/A	$4K	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	$25K+100.0%	$13K	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$125K+64.5%	-$353K	N/A	-$4K-269.0%	-$955+96.1%	-$24K	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

FRTG Balance Sheet

Metric	FY22	FY19	FY18	FY17	FY16	FY15
Total Assets	$5.3M	$0-100.0%	$216-97.2%	$8K-13.1%	$9K-5.8%	$10K
Current Assets	$374K	N/A	$216-97.2%	$8K-13.1%	$9K-5.8%	$10K
Cash & Equivalents	$2K	N/A	$216-97.2%	$8K-13.1%	$9K+2219.6%	$388
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$373K	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.5M+35051.7%	$18K-30.2%	$26K+14.7%	$23K+122.5%	$10K-71.3%	$36K
Current Liabilities	$5.4M+29126.0%	$18K-30.2%	$26K+14.7%	$23K+122.5%	$10K-71.3%	$36K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.1M-6115.4%	-$18K+29.6%	-$26K-72.8%	-$15K-1062.4%	-$1K+95.1%	-$26K
Retained Earnings	-$1.5M-892.5%	-$147K+5.0%	-$154K-15.1%	-$134K-21.6%	-$110K-54.8%	-$71K

Metric	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q2'21	Q3'21
Total Assets	$5.3M+2.5%	$5.2M-3.0%	$5.3M+6.1%	$5.0M+71439.3%	$7K+133.3%	$3K	$0	$0
Current Assets	$468K+68.9%	$277K-26.0%	$374K+5247.7%	$7K0.0%	$7K+133.3%	$3K	N/A	N/A
Cash & Equivalents	$1-100.0%	$5K+211.5%	$2K-76.5%	$7K0.0%	$7K+133.3%	$3K	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$247K-33.6%	$373K	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.6M+5.9%	$6.3M-3.1%	$6.5M+27.8%	$5.0M+11440.0%	$44K+2.2%	$43K+133.1%	$18K0.0%	$18K
Current Liabilities	$5.5M+7.1%	$5.2M-3.7%	$5.4M+6.3%	$5.0M+11440.0%	$44K+2.2%	$43K+133.1%	$18K0.0%	$18K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.3M-21.6%	-$1.1M+3.2%	-$1.1M-2787.7%	-$40K-7.6%	-$37K+7.7%	-$40K-116.7%	-$18K0.0%	-$18K
Retained Earnings	-$2.0M-13.2%	-$1.8M-24.0%	-$1.5M-729.2%	-$176K-2.0%	-$172K-0.6%	-$171K-16.6%	-$147K0.0%	-$147K

FRTG Cash Flow Statement

Metric	FY22	FY19	FY18	FY17	FY16	FY15
Operating Cash Flow	-$485K-224598.1%	-$216+98.7%	-$17K-51.1%	-$11K+63.8%	-$31K+34.6%	-$47K
Capital Expenditures	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
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$487K	N/A	$9K-7.2%	$10K-74.7%	$40K-3.7%	$41K
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	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q2'21	Q3'21
Operating Cash Flow	$115K+123.8%	-$483K-2.5%	-$471K-3164.6%	-$14K-200.0%	$14K+200.0%	-$14K	N/A	N/A
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$120K-124.7%	$486K+4.4%	$466K+3127.5%	$14K+238.4%	-$10K-159.8%	$17K	N/A	N/A
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

FRTG Financial Ratios

Metric	FY22	FY19	FY18	FY17	FY16	FY15
Gross Margin	-12.5%	N/A	N/A	N/A	47.5%-25.7pp	73.2%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-354.3%	N/A	N/A	N/A	-1952.1%-1630.6pp	-321.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-24.9%	N/A	-9401.4%-9097.4pp	-304.0%+129.8pp	-433.8%+131.5pp	-565.3%
Current Ratio	0.07	N/A	0.01-0.3	0.34-0.5	0.87+0.6	0.27
Debt-to-Equity	-5.66-4.7	-1.000.0	-1.01+0.5	-1.52+6.4	-7.93-6.6	-1.36
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'23	Q1'23	Q2'22	Q3'22	Q2'22	Q1'22	Q2'21	Q3'21
Gross Margin	-12.0%+24.5pp	-36.5%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-49.6%+93.1pp	-142.8%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-2.4%+4.5pp	-6.9%	N/A	-0.1%+13.6pp	-13.6%+800.5pp	-814.2%	N/A	N/A
Current Ratio	0.08+0.0	0.05-0.0	0.07+0.1	0.00-0.2	0.16+0.1	0.07	N/A	N/A
Debt-to-Equity	-4.93+0.7	-5.67-0.0	-5.66+122.1	-127.74-126.6	-1.19-0.1	-1.08-0.1	-1.000.0	-1.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$1.1M), 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 (0.07), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Frontera Group Inc's annual revenue?

Frontera Group Inc (FRTG) reported $373K in total revenue for fiscal year 2022. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Frontera Group Inc profitable?

No, Frontera Group Inc (FRTG) reported a net income of -$1.3M in fiscal year 2022, with a net profit margin of -354.3%.

What is Frontera Group Inc's gross margin?

Frontera Group Inc (FRTG) had a gross margin of -12.5% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

What is Frontera Group Inc's net profit margin?

Frontera Group Inc (FRTG) had a net profit margin of -354.3% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

What is Frontera Group Inc's operating cash flow?

Frontera Group Inc (FRTG) generated -$485K in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

What are Frontera Group Inc's total assets?

Frontera Group Inc (FRTG) had $5.3M in total assets as of fiscal year 2022, including both current and long-term assets.

How many shares does Frontera Group Inc have outstanding?

Frontera Group Inc (FRTG) had 48M shares outstanding as of fiscal year 2022.

What is Frontera Group Inc's current ratio?

Frontera Group Inc (FRTG) had a current ratio of 0.07 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.

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

Frontera Group Inc (FRTG) had a debt-to-equity ratio of -5.66 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

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

Frontera Group Inc (FRTG) had a return on assets of -24.9% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

What is Frontera Group Inc's cash runway?

Based on fiscal year 2022 data, Frontera Group Inc (FRTG) had $2K in cash against an annual operating cash burn of $485K. This gives an estimated cash runway of approximately 0 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 Frontera Group Inc's debt-to-equity ratio negative or unusual?

Frontera Group Inc (FRTG) has negative shareholder equity of -$1.1M as of fiscal year 2022, 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.

Are Frontera Group Inc's earnings high quality?

Frontera Group Inc (FRTG) has an earnings quality ratio of 0.37x, 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.