TRAFALGAR INTERNATIONAL (GCAND) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GCAND SEC filings page.
This page shows TRAFALGAR INTERNATIONAL (GCAND) 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).
The reported balance sheet has become nearly assetless while obligations remain immense, and recent loss improvement has not translated into better cash generation.
Between FY2023 and FY2024, the net loss narrowed from$188.4M to$179.0M . Over the same period, operating cash outflow deepened from$103.2M to$109.5M , so the reported earnings improvement did not represent better cash conversion.
FY2025 reports only
The current ratio fell from 0.2x in FY2023 to 0.0x in FY2025, indicating that reported current assets provide almost no short-term coverage for current liabilities. That deterioration is a balance-sheet problem distinct from whether operating losses are narrowing.
Financial Health Signals
TRAFALGAR INTERNATIONAL 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
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
TRAFALGAR INTERNATIONAL held $111 in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
GCAND 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Income | N/A | N/A | N/A | -$37K+7.5% | -$48K-22.9% | -$44K-11.8% | N/A | -$40K+19.9% |
| Interest Expense | N/A | N/A | N/A | N/A | $885 | N/A | N/A | $6K |
| Net Income | N/A | N/A | N/A | -$36K+21.8% | N/A | -$104K-132.0% | N/A | -$46K+13.6% |
| EPS (Basic) | $0.61+241.9% | $0.00 | $0.85 | -$0.04+55.6% | -$0.43 | $0.00 | $0.00 | -$0.09 |
| EPS (Diluted) | $0.61 | $0.00 | $0.85 | -$0.04 | -$0.43 | $0.00 | $0.00 | -$0.09 |
| Diluted Shares (Avg) | 994,379 | 944,935 | N/A | 900,256 | 919,141-99.9% | 910M+24.3% | N/A | 536,622-99.9% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Income Tax.
GCAND 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $111-99.6% | $1K-96.9% | $815-98.6% | $21K-66.6% | $27K-67.9% | $46K-65.4% | $58K-66.5% | $64K-69.0% |
| Current Assets | $111-99.6% | $1K-96.9% | $815-98.6% | $21K-65.7% | $27K-66.7% | $46K-64.3% | $57K-65.6% | $62K-68.8% |
| Cash & Equivalents | $111-99.6% | $1K-96.9% | $815-98.6% | $21K-65.7% | $27K-66.7% | $46K-64.3% | $57K-65.6% | $62K-68.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12K-98.9% | $776K-23.1% | $742K-17.3% | $1.1M+31.2% | $1.1M+31.8% | $1.0M+20.2% | $898K+7.7% | $861K+0.5% |
| Current Liabilities | $12K-98.9% | $776K-23.1% | $742K-17.3% | $1.1M+31.2% | $1.1M+31.8% | $1.0M+20.2% | $898K+7.7% | $861K+0.5% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | -$12K+98.9% | -$775K+19.5% | -$742K+11.7% | -$1.1M-39.1% | -$1.1M-42.8% | -$963K-36.4% | -$840K-27.1% | -$797K-22.5% |
| Retained Earnings | -$4.4M+16.6% | -$5.0M-2.5% | -$5.0M-7.1% | -$5.3M-15.4% | -$5.3M-15.8% | -$4.9M-8.3% | -$4.7M-4.0% | -$4.6M-4.1% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
GCAND 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.
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
GCAND 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$742K), 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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where TRAFALGAR INTERNATIONAL Ranks
Frequently Asked Questions
What are TRAFALGAR INTERNATIONAL's total assets?
TRAFALGAR INTERNATIONAL (GCAND) had $815 in total assets as of fiscal year 2025, including both current and long-term assets.
What is TRAFALGAR INTERNATIONAL's current ratio?
TRAFALGAR INTERNATIONAL (GCAND) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Why is TRAFALGAR INTERNATIONAL's debt-to-equity ratio negative or not reported?
TRAFALGAR INTERNATIONAL (GCAND) has negative shareholder equity of -$742K as of fiscal year 2025, 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.