Graphex Group Financials
This page shows Graphex Group (GRFXF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Cash flow looks healthier than earnings because overhead and amortization overwhelm a 35.2% gross margin.
The combination of-$12.6M net income and$5.5M operating cash flow suggests this year's loss was driven more by noncash charges than by current cash burn;$8.5M of depreciation and amortization helps explain why EBITDA stayed positive at$935K while operating income was negative. But free cash flow flatters the year because capex was only$55K even as total investing outflow reached$11.5M , so the standard FCF figure misses a major cash use.
With gross profit of
The balance sheet looks tight in the short term rather than overloaded in total: current assets of
Financial Health Signals
We are recalculating Graphex Group'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.
For every $1 of reported earnings, Graphex Group generates $-0.43 in operating cash flow ($5.5M OCF vs -$12.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Graphex Group earns $-17.6 in operating income for every $1 of interest expense (-$7.5M vs $428K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Graphex Group generated $43.7M in revenue in fiscal year 2022.
Graphex Group's EBITDA was $935K in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
Graphex Group reported -$12.6M in net income in fiscal year 2022.
Cash & Balance Sheet
Graphex Group generated $5.4M in free cash flow in fiscal year 2022, representing cash available after capex.
Graphex Group held $4.0M in cash against $0 in long-term debt as of fiscal year 2022.
Graphex Group had 683M shares outstanding in fiscal year 2022.
Margins & Returns
Graphex Group's gross margin was 35.2% in fiscal year 2022, indicating the percentage of revenue retained after direct costs.
Graphex Group's operating margin was -17.2% in fiscal year 2022, reflecting core business profitability.
Graphex Group's net profit margin was -28.9% in fiscal year 2022, showing the share of revenue converted to profit.
Graphex Group's ROE was -27.9% in fiscal year 2022, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Graphex Group invested $2.1M in research and development in fiscal year 2022.
Graphex Group invested $55K in capex in fiscal year 2022, funding long-term assets and infrastructure.
GRFXF Income Statement
| Metric | Q4'22 |
|---|---|
| Revenue | N/A |
| Cost of Revenue | N/A |
| Gross Profit | N/A |
| R&D Expenses | N/A |
| SG&A Expenses | N/A |
| Operating Income | N/A |
| Interest Expense | N/A |
| Income Tax | N/A |
| Net Income | N/A |
| EPS (Diluted) | N/A |
GRFXF Balance Sheet
| Metric | Q4'22 |
|---|---|
| Total Assets | $112.2M |
| Current Assets | $30.1M |
| Cash & Equivalents | $4.0M |
| Inventory | $2.2M |
| Accounts Receivable | $13.0M |
| Goodwill | $13.1M |
| Total Liabilities | $68.2M |
| Current Liabilities | $36.7M |
| Long-Term Debt | N/A |
| Total Equity | $45.3M |
| Retained Earnings | -$58.3M |
GRFXF Cash Flow Statement
| Metric | Q4'22 |
|---|---|
| Operating Cash Flow | N/A |
| Capital Expenditures | N/A |
| Free Cash Flow | N/A |
| Investing Cash Flow | N/A |
| Financing Cash Flow | N/A |
| Dividends Paid | N/A |
| Share Buybacks | N/A |
GRFXF Financial Ratios
| Metric | Q4'22 |
|---|---|
| Gross Margin | N/A |
| Operating Margin | N/A |
| Net Margin | N/A |
| Return on Equity | N/A |
| Return on Assets | N/A |
| Current Ratio | 0.82 |
| Debt-to-Equity | 1.51 |
| FCF Margin | N/A |
Note: The current ratio is below 1.0 (0.82), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Graphex Group's annual revenue?
Graphex Group (GRFXF) reported $43.7M in total revenue for fiscal year 2022. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Graphex Group profitable?
No, Graphex Group (GRFXF) reported a net income of -$12.6M in fiscal year 2022, with a net profit margin of -28.9%.
What is Graphex Group's EBITDA?
Graphex Group (GRFXF) had EBITDA of $935K in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
What is Graphex Group's gross margin?
Graphex Group (GRFXF) had a gross margin of 35.2% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is Graphex Group's operating margin?
Graphex Group (GRFXF) had an operating margin of -17.2% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.
What is Graphex Group's net profit margin?
Graphex Group (GRFXF) had a net profit margin of -28.9% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
What is Graphex Group's return on equity (ROE)?
Graphex Group (GRFXF) has a return on equity of -27.9% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is Graphex Group's free cash flow?
Graphex Group (GRFXF) generated $5.4M in free cash flow during fiscal year 2022. 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 Graphex Group's operating cash flow?
Graphex Group (GRFXF) generated $5.5M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Graphex Group's total assets?
Graphex Group (GRFXF) had $112.2M in total assets as of fiscal year 2022, including both current and long-term assets.
What are Graphex Group's capital expenditures?
Graphex Group (GRFXF) invested $55K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
How much does Graphex Group spend on research and development?
Graphex Group (GRFXF) invested $2.1M in research and development during fiscal year 2022.
What is Graphex Group's current ratio?
Graphex Group (GRFXF) had a current ratio of 0.82 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.
What is Graphex Group's debt-to-equity ratio?
Graphex Group (GRFXF) had a debt-to-equity ratio of 1.51 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Graphex Group's return on assets (ROA)?
Graphex Group (GRFXF) had a return on assets of -11.3% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
Are Graphex Group's earnings high quality?
Graphex Group (GRFXF) has an earnings quality ratio of -0.43x, considered mixed quality. 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 Graphex Group cover its interest payments?
Graphex Group (GRFXF) has an interest coverage ratio of -17.6x, 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.