GRAPEFRUIT USA INC (GPFT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 18, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2022, filed Nov 18, 2022. Each column of the statement tables below links to the filing it was taken from.
GRAPEFRUIT USA INC (GPFT) reported $589K in revenue for fiscal year 2021, down 84.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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).
External financing and balance-sheet strain dominate a business where revenue swings do not yet support its fixed obligations.
Sales contraction was accompanied by a collapse in unit economics: revenue fell from$3.7M in FY2020 to$589K in FY2021 while gross profit turned negative, so the setback was more than lower volume alone. Operating cash flow of-$1.2M nearly matched free cash flow of-$1.3M , indicating that the cash shortfall was primarily operating rather than driven by heavy reinvestment.
In FY2021, overhead absorption was unfavorable: SG&A of
Balance-sheet dependence on financing is pronounced: liabilities of
Financial Health Signals
GRAPEFRUIT USA INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
GRAPEFRUIT USA INC scores -13.94, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($332K) relative to total liabilities ($8.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
GRAPEFRUIT USA INC passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
GRAPEFRUIT USA INC reported a net loss of $5.5M while operations used $1.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
GRAPEFRUIT USA INC reported an operating loss of $2.4M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
GRAPEFRUIT USA INC generated $3K in revenue in Q3 2022. This represents a decrease of 98.1% from the same quarter a year earlier. Against the prior quarter it is down 87.7%.
GRAPEFRUIT USA INC's EBITDA was -$388K in Q3 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 33.6% from the same quarter a year earlier.
GRAPEFRUIT USA INC reported -$758K in net income in Q3 2022. This represents an increase of 22.8% from the same quarter a year earlier. Against the prior quarter it is up 44.5%.
Not reported for Q3 2022.
Cash & Balance Sheet
GRAPEFRUIT USA INC held $24K in cash as of Q3 2022; long-term debt is not reported for that period.
Not reported for Q3 2022.
Not reported for Q3 2022.
Margins & Returns
Not shown for Q3 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2022.
Capital Allocation
None of these metrics is reported for Q3 2022.
GPFT 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 | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-Q | Q3'2110-Q | Q2'2110-Q | Q1'2110-Q | Q4'2010-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3K-98.1% | $24K-70.8% | $6K-98.4% | $2K-99.8% | $153K-88.3% | $82K-90.6% | $351K-10.9% | $1.1M |
| Cost of Revenue | $63K-81.9% | $162K+3.4% | $72K-83.0% | $192K-80.8% | $346K-69.2% | $157K-80.6% | $423K-6.9% | $1.0M |
| Gross Profit | -$60K+69.0% | -$138K-85.3% | -$66K+8.8% | -$190K-316.0% | -$193K-205.5% | -$75K-204.7% | -$73K-18.2% | $88K |
| SG&A Expenses | $342K-16.9% | $728K+37.5% | $224K-44.2% | $172K-49.8% | $411K+41.9% | $529K+38.5% | $401K+32.7% | $343K |
| Operating Income | -$403K+33.7% | -$866K-43.8% | -$306K+36.0% | -$728K-129.0% | -$608K-247.7% | -$602K-72.3% | -$478K-31.2% | -$318K |
| EBITDA | -$388K+33.6% | N/A | -$282K+38.0% | N/A | -$584K-344.9% | N/A | -$455K-32.4% | -$361K |
| Interest Expense | N/A | N/A | $296K-29.8% | $426K-43.6% | $388K-27.1% | $449K+2.7% | $421K+13.2% | $755K |
| Net Income | -$758K+22.8% | -$1.4M-1.4% | -$484K+65.8% | -$1.8M-129.3% | -$982K+87.2% | -$1.3M-443.4% | -$1.4M+48.9% | $6.0M |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax, EPS (Diluted), Diluted Shares (Avg).
GPFT 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 | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-Q | Q3'2110-Q | Q2'2110-Q | Q1'2110-Q | Q4'2010-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.7M-10.6% | $2.4M-24.2% | $2.8M-17.4% | $2.8M-7.6% | $3.0M+10.7% | $3.2M+26.4% | $3.3M+26.0% | $3.0M+11.2% |
| Current Assets | $644K-24.0% | $405K-62.9% | $701K-44.0% | $714K-24.7% | $848K+41.0% | $1.1M+187.8% | $1.3M+155.1% | $949K+74.7% |
| Cash & Equivalents | $24K-36.8% | $5K-97.3% | $5K-98.8% | $9K-97.0% | $37K-77.5% | $188K+86.3% | $441K+226.8% | $300K+12.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $338K-17.8% | $339K-37.2% | $383K-21.9% | $389K-22.5% | $411K0.0% | $540K+113.8% | $491K+94.2% | $502K+90.2% |
| Accounts Receivable | $23K-92.0% | $22K-90.2% | $278K+13.2% | $278K+606.5% | $286K | $228K+1189.3% | $246K+156.6% | $39K |
| Long-Term Investments | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $85K-50.0% | $170K0.0% | $170K0.0% | $170K0.0% |
| Goodwill | N/A | N/A | $250K | $250K | $250K | N/A | N/A | N/A |
| Total Liabilities | $8.8M+21.9% | $8.2M+22.1% | $9.0M-0.5% | $8.6M+11.7% | $7.3M-54.2% | $6.7M-20.5% | $9.1M-1.2% | $7.7M+7.7% |
| Current Liabilities | $7.9M+65.3% | $7.3M+63.4% | $8.1M+17.1% | $7.7M+75.9% | $4.8M-64.9% | $4.5M-30.9% | $6.9M-0.2% | $4.4M-14.4% |
| Non-Current Liabilities | $930K-62.3% | $914K-59.5% | $930K-57.0% | $927K-72.3% | $2.5M+11.3% | $2.3M+13.4% | $2.2M-4.0% | $3.3M+62.5% |
| Total Equity | -$6.1M-45.4% | -$5.8M-63.0% | -$6.3M-9.2% | -$5.8M-24.1% | -$4.2M+67.9% | -$3.6M+40.2% | -$5.7M+12.2% | -$4.7M-5.5% |
| Retained Earnings | -$19.4M-29.0% | -$18.7M-32.6% | -$17.3M-35.9% | -$16.8M-48.6% | -$15.1M+13.1% | -$14.1M-46.0% | -$12.7M-26.9% | -$11.3M-55.8% |
Not reported in any period shown, so not listed: Long-Term Debt.
GPFT 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.
| Metric | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-Q | Q3'2110-Q | Q2'2110-Q | Q1'2110-Q | Q4'2010-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$36K+81.1% | -$24K+95.6% | -$257K+1.4% | -$205K+71.4% | -$191K+46.6% | -$546K-175.5% | -$261K+26.1% | -$716K-5411.6% |
| Depreciation & Amortization | $15K-37.7% | N/A | $24K+4.7% | N/A | $23K-45.9% | N/A | $23K+11.7% | -$43K-377.4% |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | $26K | $222K | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | $0-100.0% | $6K | $26K | $31K | $5K-93.7% |
| Free Cash Flow | N/A | N/A | N/A | -$205K+71.6% | -$197K | -$572K | -$292K | -$721K-876.9% |
| Investing Cash Flow | N/A | N/A | N/A | $0+100.0% | -$6K | -$26K | -$31K | -$5K+98.0% |
| Financing Cash Flow | $55K+18.5% | $24K-92.5% | $253K-41.4% | $177K-79.3% | $46K-89.7% | $319K+94.4% | $433K+95.2% | $855K+1306.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
GPFT 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.
| Metric | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-Q | Q3'2110-Q | Q2'2110-Q | Q1'2110-Q | Q4'2010-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -2018.8% | -575.1% | -1171.9% | -8740.3% | -125.5% | -90.5%-98.6pp | -20.7%-5.1pp | 8.1% |
| Operating Margin | -13593.2% | -3600.5% | -5411.5% | -33436.2% | -396.0% | -730.1% | -136.2% | -29.1% |
| Net Margin | -25597.8% | -5673.8% | -8570.9% | -80822.3% | -639.7% | -1632.5% | -403.8% | 550.7% |
| Return on Assets | -27.9%+4.4pp | -57.1%-14.4pp | -17.6%+24.9pp | -62.5%-259.7pp | -32.3%+248.0pp | -42.7%-58.4pp | -42.4%+62.2pp | 197.2% |
| Current Ratio | 0.08-0.1x | 0.06-0.2x | 0.09-0.1x | 0.09-0.1x | 0.18+0.1x | 0.24+0.2x | 0.18+0.1x | 0.22+0.1x |
| Asset Turnover | 0.000.0x | 0.010.0x | 0.00-0.1x | 0.00-0.4x | 0.05-0.4x | 0.03-0.3x | 0.110.0x | 0.36 |
| FCF Margin | N/A | N/A | N/A | -9407.8% | -128.4% | -693.8% | -83.1% | -66.0% |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$5.8M), 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 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| GRAPEFRUIT USA INC GPFT | FY2021 | $589K | -$5.5M | N/A | $332K | — |
| PHARMAGREEN BIOTECH INC PHBI | FY2022 | N/A | -$876K | N/A | $571K | — |
| GOLD RIVER PRODS INC GRPS | FY2024 | $332K | -$2.8M | N/A | $181K | — |
Where GRAPEFRUIT USA INC Ranks
Frequently Asked Questions
What is GRAPEFRUIT USA INC's annual revenue?
GRAPEFRUIT USA INC (GPFT) reported $589K in total revenue for fiscal year 2021. This represents a -84.0% 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.
How fast is GRAPEFRUIT USA INC's revenue growing?
GRAPEFRUIT USA INC (GPFT) revenue declined by 84.0% year-over-year, from $3.7M to $589K in fiscal year 2021.
Is GRAPEFRUIT USA INC profitable?
No, GRAPEFRUIT USA INC (GPFT) reported a net income of -$5.5M in fiscal year 2021.
What is GRAPEFRUIT USA INC's EBITDA?
GRAPEFRUIT USA INC (GPFT) had EBITDA of -$2.3M in fiscal year 2021, measuring earnings before interest, taxes, depreciation, and amortization.
What is GRAPEFRUIT USA INC's gross margin?
GRAPEFRUIT USA INC (GPFT) had a gross margin of -90.0% in fiscal year 2021, indicating the percentage of revenue retained after direct costs of goods sold.
What is GRAPEFRUIT USA INC's free cash flow?
GRAPEFRUIT USA INC (GPFT) recorded an outflow of $1.3M in free cash flow during fiscal year 2021. This represents a 23.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is GRAPEFRUIT USA INC's operating cash flow?
GRAPEFRUIT USA INC (GPFT) recorded an outflow of $1.2M in operating cash flow during fiscal year 2021, representing cash used by core business activities.
What are GRAPEFRUIT USA INC's total assets?
GRAPEFRUIT USA INC (GPFT) had $2.8M in total assets as of fiscal year 2021, including both current and long-term assets.
What are GRAPEFRUIT USA INC's capital expenditures?
GRAPEFRUIT USA INC (GPFT) invested $62K in capital expenditures during fiscal year 2021, funding long-term assets and infrastructure.
What is GRAPEFRUIT USA INC's current ratio?
GRAPEFRUIT USA INC (GPFT) had a current ratio of 0.09 as of fiscal year 2021, which is below 1.0, which may suggest potential liquidity concerns.
What is GRAPEFRUIT USA INC's return on assets (ROA)?
GRAPEFRUIT USA INC (GPFT) had a return on assets of -195.5% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.
What is GRAPEFRUIT USA INC's P/E ratio?
GRAPEFRUIT USA INC (GPFT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to September 30, 2022). The market capitalization is $332K as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GRAPEFRUIT USA INC's price-to-sales ratio?
GRAPEFRUIT USA INC (GPFT) trades at 9.5x sales, its market capitalization divided by revenue of $35K revenue, trailing 12 months to September 30, 2022. The market capitalization is $332K as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does GRAPEFRUIT USA INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2021, GRAPEFRUIT USA INC (GPFT) held $9K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.2M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is GRAPEFRUIT USA INC's debt-to-equity ratio negative or not reported?
GRAPEFRUIT USA INC (GPFT) has negative shareholder equity of -$5.8M as of fiscal year 2021, 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.
What is GRAPEFRUIT USA INC's Altman Z-Score?
GRAPEFRUIT USA INC (GPFT) has an Altman Z-Score of -13.94, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is GRAPEFRUIT USA INC's Piotroski F-Score?
GRAPEFRUIT USA INC (GPFT) has a Piotroski F-Score of 1 out of 8 computable signals; 1 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.
Are GRAPEFRUIT USA INC's earnings high quality?
GRAPEFRUIT USA INC (GPFT) reported a net loss of $5.5M while operations used $1.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Can GRAPEFRUIT USA INC cover its interest payments?
GRAPEFRUIT USA INC (GPFT) reported an operating loss of $2.4M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.