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Gamer Pakistan, inc. Financials

GPAK
Source SEC Filings (10-K/10-Q) Data as of Sep 30, 2024 Currency USD FYE December

This page shows Gamer Pakistan, inc. (GPAK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).

Rhea AI GPAK FY2023

FY2023 balance-sheet expansion came from external financing, leaving Gamer Pakistan liquid but not yet operating as a self-funding business.

From FY2022 to FY2023, cash rose to $3.77M from $90K even as operating cash outflow deepened to -$2.11M from -$302K; the bridge is $5.79M of financing inflow, so the larger asset base reflects fundraising more than business activity. With only $733 of revenue against a -$2.05M net loss, current liquidity is real, but it is being supplied by investors rather than customers.

The balance sheet is unusually cash-heavy: cash was about 94.5% of total assets in FY2023, while liabilities were only about 5.0% of assets. That makes near-term obligations look small relative to resources, but it also means most of the company’s asset base is parked in cash rather than already tied to revenue-producing operations.

The reported cost structure suggests corporate overhead dominates the economics at this stage: FY2023 selling, general and administrative expense was $2.03M while reported gross profit was only $733. Because the asset mix is mostly cash and leverage is low at 0.05x debt to equity, the key operating mechanic visible here is cash burn versus fundraising, not scale-driven margin improvement.

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Financial Health Signals

Financial health score pending refresh

We are recalculating Gamer Pakistan, inc.'s peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial
2/6

Gamer Pakistan, inc. passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Low Quality
1.03x

For every $1 of reported earnings, Gamer Pakistan, inc. generates $1.03 in operating cash flow (-$2.1M OCF vs -$2.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-104.1x

Gamer Pakistan, inc. earns $-104.1 in operating income for every $1 of interest expense (-$2.0M vs $20K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$733

Gamer Pakistan, inc. generated $733 in revenue in fiscal year 2023.

EBITDA
N/A
Net Income
-$2.1M
YoY-558.2%

Gamer Pakistan, inc. reported -$2.1M in net income in fiscal year 2023. This represents a decrease of 558.2% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$3.8M
YoY+4090.1%

Gamer Pakistan, inc. held $3.8M in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share
N/A
Shares Outstanding
26M
YoY+7.1%

Gamer Pakistan, inc. had 26M shares outstanding in fiscal year 2023. This represents an increase of 7.1% from the prior year.

Margins & Returns

Gross Margin
100.0%

Gamer Pakistan, inc.'s gross margin was 100.0% in fiscal year 2023, indicating the percentage of revenue retained after direct costs.

Operating Margin
-277161.1%

Gamer Pakistan, inc.'s operating margin was -277161.1% in fiscal year 2023, reflecting core business profitability.

Net Margin
-279824.2%

Gamer Pakistan, inc.'s net profit margin was -279824.2% in fiscal year 2023, showing the share of revenue converted to profit.

Return on Equity
-54.1%
YoY+79.9pp

Gamer Pakistan, inc.'s ROE was -54.1% in fiscal year 2023, measuring profit generated per dollar of shareholder equity. This is up 79.9 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

GPAK Income Statement

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Revenue $205+294.2% $52-97.3% $2K N/A $0 N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A $0 N/A N/A N/A
Gross Profit $205+294.2% $52-97.3% $2K N/A $0 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 $508K-13.6% $588K-33.0% $877K N/A $166K+206.3% $54K-29.9% $77K N/A
Operating Income -$507K+13.7% -$588K+32.9% -$875K N/A -$166K-206.3% -$54K+29.9% -$77K N/A
Interest Expense N/A N/A N/A N/A $5K+1.1% $5K N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$501K+12.8% -$574K+34.4% -$875K N/A -$171K-188.4% -$59K+26.4% -$81K N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

GPAK Balance Sheet

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Total Assets $1.9M-21.5% $2.4M-19.8% $3.0M-25.3% $4.0M+1260.9% $293K N/A N/A $258K
Current Assets $1.6M-14.3% $1.9M-23.8% $2.5M-28.7% $3.5M+1494.7% $222K N/A N/A $258K
Cash & Equivalents $1.3M-41.6% $2.3M-18.8% $2.8M-25.3% $3.8M+5211.4% $71K-57.9% $169K-27.2% $232K+157.7% $90K
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 $39K-25.7% $52K-22.7% $68K-66.3% $201K-46.2% $374K N/A N/A $25K
Current Liabilities $39K-25.7% $52K-22.7% $68K-66.3% $201K-46.2% $374K N/A N/A $25K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $1.8M-21.4% $2.3M-19.8% $2.9M-23.0% $3.8M+4798.7% -$81K-187.2% $92K-39.1% $152K-34.7% $233K
Retained Earnings -$4.3M-13.1% -$3.8M-17.8% -$3.2M-37.0% -$2.4M-279.4% -$623K N/A N/A -$312K

GPAK Cash Flow Statement

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Operating Cash Flow -$652K-23.1% -$530K+44.4% -$952K+47.1% -$1.8M-981.6% -$166K-206.6% -$54K+37.7% -$87K+44.3% -$156K
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 -$300K-455084.8% -$66+90.3% -$680 N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A $5.5M+7423.9% $73K+917.4% -$9K-103.9% $229K+207.7% -$212K
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

GPAK Financial Ratios

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Gross Margin 100.0%0.0pp 100.0%0.0pp 100.0% N/A N/A N/A N/A N/A
Operating Margin -247479.0%+882603.7pp -1130082.7%-1084781.2pp -45301.5% N/A N/A N/A N/A N/A
Net Margin -244308.3%+859812.9pp -1104121.1%-1058819.6pp -45301.5% N/A N/A N/A N/A N/A
Return on Equity -27.2%-2.7pp -24.5%+5.5pp -30.0% N/A N/A -64.3%-11.2pp -53.1% N/A
Return on Assets -26.7%-2.7pp -24.0%+5.3pp -29.3% N/A -58.5% N/A N/A N/A
Current Ratio 42.27+5.6 36.63-0.5 37.16+19.6 17.56+17.0 0.59 N/A N/A 10.14
Debt-to-Equity 0.020.0 0.020.0 0.02-0.0 0.05 N/A N/A N/A 0.11
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Gamer Pakistan, inc. (GPAK) reported $733 in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, Gamer Pakistan, inc. (GPAK) reported a net income of -$2.1M in fiscal year 2023, with a net profit margin of -279824.2%.

Gamer Pakistan, inc. (GPAK) had a gross margin of 100.0% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

Gamer Pakistan, inc. (GPAK) had an operating margin of -277161.1% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

Gamer Pakistan, inc. (GPAK) had a net profit margin of -279824.2% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

Gamer Pakistan, inc. (GPAK) has a return on equity of -54.1% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

Gamer Pakistan, inc. (GPAK) generated -$2.1M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

Gamer Pakistan, inc. (GPAK) had $4.0M in total assets as of fiscal year 2023, including both current and long-term assets.

Gamer Pakistan, inc. (GPAK) had 26M shares outstanding as of fiscal year 2023.

Gamer Pakistan, inc. (GPAK) had a current ratio of 17.56 as of fiscal year 2023, which is generally considered healthy.

Gamer Pakistan, inc. (GPAK) had a debt-to-equity ratio of 0.05 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Gamer Pakistan, inc. (GPAK) had a return on assets of -51.4% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2023 data, Gamer Pakistan, inc. (GPAK) had $3.8M in cash against an annual operating cash burn of $2.1M. This gives an estimated cash runway of approximately 21 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.

Gamer Pakistan, inc. (GPAK) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Gamer Pakistan, inc. (GPAK) has an earnings quality ratio of 1.03x, 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.

Gamer Pakistan, inc. (GPAK) has an interest coverage ratio of -104.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

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