What is Greenlit Ventures's earnings per share (EPS)?

Greenlit Ventures (GLVT) reported diluted earnings per share of $-0.07 for fiscal year 2024. 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.

Greenlit Ventures Financials

GLVT

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Greenlit Ventures (GLVT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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

0.00x

For every $1 of reported earnings, Greenlit Ventures generates $0.00 in operating cash flow ($0 OCF vs -$227K 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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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$227K

YoY-257.7%

Greenlit Ventures reported -$227K in net income in fiscal year 2024. This represents a decrease of 257.7% from the prior year.

EPS (Diluted)

$-0.07

Greenlit Ventures earned $-0.07 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 600.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

Greenlit Ventures held $0 in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

Greenlit Ventures had 4M shares outstanding in fiscal year 2024. This represents an increase of 1678.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

GLVT Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	N/A	N/A	N/A	$32K-7.2%	$35K
Cost of Revenue	N/A	N/A	N/A	N/A	$8K-45.0%	$15K
Gross Profit	N/A	N/A	N/A	N/A	$24K+21.8%	$20K
R&D Expenses	N/A	$0-100.0%	$11K	$0	N/A	N/A
SG&A Expenses	N/A	$57K+33.1%	$43K	N/A	N/A	N/A
Operating Income	N/A	-$57K-6.0%	-$54K+20.0%	-$68K+35.9%	-$105K-64.8%	-$64K
Interest Expense	$12K+90.7%	$6K+348.7%	$1K+2208.2%	$61	N/A	N/A
Income Tax	N/A	$0	$0	$0	N/A	N/A
Net Income	-$227K-257.7%	-$64K-14.7%	-$55K+18.0%	-$68K+35.8%	-$105K-77.3%	-$59K
EPS (Diluted)	$-0.07	$-0.01	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	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	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	$4K+8.4%	$3K+6.9%	$3K	N/A	$3K+12.3%	$3K-1.9%	$3K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$9K-5.0%	-$9K+56.9%	-$21K	N/A	-$7K+60.6%	-$18K+90.6%	-$194K	N/A
EPS (Diluted)	$0.00	$0.00+100.0%	$-0.01	N/A	$0.00	$0.00+100.0%	$-0.03	N/A

GLVT Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$0	$0	$0	$0-100.0%	$66K-57.0%	$154K
Current Assets	$0	$0	$0	N/A	$66K-57.0%	$154K
Cash & Equivalents	$0	$0	$0	$0-100.0%	$12K-79.4%	$58K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	$16K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$189K+22.6%	$154K+70.3%	$91K+158.2%	$35K-74.2%	$136K+14.9%	$118K
Current Liabilities	$26K+88.0%	$14K-84.9%	$91K+158.2%	$35K-74.2%	$136K+14.9%	$118K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$189K-22.6%	-$154K-70.3%	-$91K-158.2%	-$35K+49.8%	-$70K-296.5%	$36K
Retained Earnings	$723K+245.9%	-$496K-14.7%	-$432K-14.7%	-$377K-21.9%	-$309K-51.8%	-$204K

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$0	$0	$0	$0	$0	$0	$0	$0
Current Assets	$0	$0	$0	$0	$0	$0	$0	$0
Cash & Equivalents	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	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	$228K+4.3%	$219K+4.3%	$210K+11.0%	$189K+4.8%	$180K+4.1%	$173K+11.7%	$155K+0.7%	$154K
Current Liabilities	$37K+11.0%	$33K-9.8%	$37K+44.0%	$26K+12.9%	$23K+19.2%	$19K+17.3%	$16K+19.2%	$14K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$228K-4.3%	-$219K-4.3%	-$210K-11.0%	-$189K-4.8%	-$180K-4.1%	-$173K-11.7%	-$155K-0.7%	-$154K
Retained Earnings	-$762K-1.2%	-$753K-1.2%	-$744K-202.9%	$723K+201.2%	-$715K-1.0%	-$707K-2.6%	-$689K-39.1%	-$496K

GLVT Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$0	$0	$0+100.0%	-$12K+76.4%	-$50K+20.1%	-$63K
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	$5K+200.0%	-$5K
Financing Cash Flow	N/A	N/A	N/A	-$12K	N/A	-$119K
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	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$0	$0	$0	$0	$0	$0	$0	$0
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	N/A	N/A	N/A	N/A	N/A	N/A	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

GLVT Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	74.2%+17.7pp	56.5%
Operating Margin	N/A	N/A	N/A	N/A	-329.5%-144.0pp	-185.4%
Net Margin	N/A	N/A	N/A	N/A	-329.5%-157.1pp	-172.4%
Return on Equity	N/A	N/A	N/A	N/A	N/A	-167.3%
Return on Assets	N/A	N/A	N/A	N/A	-159.3%-120.7pp	-38.6%
Current Ratio	0.000.0	0.000.0	0.00	N/A	0.49-0.8	1.30
Debt-to-Equity	-1.000.0	-1.000.0	-1.000.0	-1.00+0.9	-1.95-5.3	3.33
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	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	N/A	N/A	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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
Debt-to-Equity	-1.000.0	-1.000.0	-1.000.0	-1.000.0	-1.000.0	-1.000.0	-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 (-$189K), 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.

Frequently Asked Questions

Is Greenlit Ventures profitable?

No, Greenlit Ventures (GLVT) reported a net income of -$227K in fiscal year 2024.

What is Greenlit Ventures's operating cash flow?

Greenlit Ventures (GLVT) generated $0 in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Greenlit Ventures's total assets?

Greenlit Ventures (GLVT) had $0 in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Greenlit Ventures have outstanding?

Greenlit Ventures (GLVT) had 4M shares outstanding as of fiscal year 2024.

What is Greenlit Ventures's current ratio?

Greenlit Ventures (GLVT) had a current ratio of 0.00 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Greenlit Ventures's debt-to-equity ratio?

Greenlit Ventures (GLVT) had a debt-to-equity ratio of -1.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Why is Greenlit Ventures's debt-to-equity ratio negative or unusual?

Greenlit Ventures (GLVT) has negative shareholder equity of -$189K 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.

Are Greenlit Ventures's earnings high quality?

Greenlit Ventures (GLVT) has an earnings quality ratio of 0.00x, 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.