GOLOGIQ INC Financials

GOLOGIQ INC (GOLQ) reported $5.5M in total revenue for fiscal year 2022. This represents a -62.0% 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.

GOLOGIQ INC (GOLQ) revenue declined by 62% year-over-year, from $14.3M to $5.5M in fiscal year 2022.

No, GOLOGIQ INC (GOLQ) reported a net income of -$4.6M in fiscal year 2022, with a net profit margin of -83.5%.

GOLOGIQ INC (GOLQ) reported diluted earnings per share of $-0.13 for fiscal year 2022. 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.

GOLOGIQ INC (GOLQ) had a gross margin of 38.0% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

GOLOGIQ INC (GOLQ) had an operating margin of -83.5% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.

GOLOGIQ INC (GOLQ) had a net profit margin of -83.5% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

GOLOGIQ INC (GOLQ) generated -$1.3M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

GOLOGIQ INC (GOLQ) had $35K in total assets as of fiscal year 2022, including both current and long-term assets.

GOLOGIQ INC (GOLQ) invested $3.1M in research and development during fiscal year 2022.

GOLOGIQ INC (GOLQ) had 40M shares outstanding as of fiscal year 2022.

GOLOGIQ INC (GOLQ) had a debt-to-equity ratio of -1.02 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

GOLOGIQ INC (GOLQ) had a return on assets of -12918.6% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2022 data, GOLOGIQ INC (GOLQ) had $35K in cash against an annual operating cash burn of $1.3M. 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.

GOLOGIQ INC (GOLQ) has negative shareholder equity of -$2.1M 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.

GOLOGIQ INC (GOLQ) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

GOLOGIQ INC (GOLQ) has an earnings quality ratio of 0.28x, 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.