Groovy Company Inc Financials
This page shows Groovy Company Inc (GROO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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 is sustaining GROO because cash burn and interest costs still overwhelm any self-funding operating base.
In FY2024, financing inflow of$235K almost exactly matched operating cash burn of-$232K . That near one-for-one offset, alongside liabilities rising to$8.4M and cash sitting at only$2K , suggests the company is being kept current by new funding rather than by an operating engine.
Liabilities increased from
In FY2024, interest expense of
Financial Health Signals
We are recalculating Groovy Company 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.
Groovy Company Inc scores -114.43, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($46K) relative to total liabilities ($8.4M). 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.
Groovy Company Inc earns $-1.2 in operating income for every $1 of interest expense (-$696K vs $594K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Groovy Company Inc generated $4K in revenue in fiscal year 2024.
Groovy Company Inc's EBITDA was -$659K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 28.1% from the prior year.
Cash & Balance Sheet
Groovy Company Inc held $2K in cash against $0 in long-term debt as of fiscal year 2024.
Margins & Returns
Groovy Company Inc's operating margin was -19338.6% in fiscal year 2024, reflecting core business profitability.
Capital Allocation
GROO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0-100.0% | $3K-62.5% | $8K | N/A | $1K+8.0% | $1K | $0 | N/A |
| Cost of Revenue | $0-100.0% | $2K | N/A | N/A | $0 | $0 | N/A | N/A |
| Gross Profit | $0-100.0% | $2K | N/A | N/A | $1K+8.0% | $1K | 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 | $17K-1.0% | $17K | N/A | $7K-73.5% | $25K-38.8% | $41K | N/A |
| Operating Income | N/A | -$138K-5.4% | -$131K | N/A | -$172K+6.7% | -$184K-4.1% | -$177K | N/A |
| Interest Expense | $0 | $0 | $0 | N/A | $54K+3.7% | $52K+5.0% | $50K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$138K | N/A | N/A | -$293K+74.7% | -$1.2M-267.9% | -$315K | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GROO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3K-91.7% | $38K-18.9% | $47K-81.1% | $247K | N/A | N/A | N/A | $282K |
| Current Assets | $3K+86.6% | $2K+47.2% | $1K-47.8% | $2K | N/A | N/A | N/A | $93 |
| Cash & Equivalents | $3K+86.6% | $2K+47.2% | $1K-47.8% | $2K-65.5% | $6K-42.9% | $11K+2412.5% | $441+374.2% | $93 |
| 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 | $202K+733.9% | $24K-92.1% | $308K-96.3% | $8.4M | N/A | N/A | N/A | $6.2M |
| Current Liabilities | $202K | N/A | $308K-96.3% | $8.4M | N/A | N/A | N/A | $6.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$199K-1567.4% | $14K+105.2% | -$261K+96.8% | -$8.2M-5.2% | -$7.8M-3.9% | -$7.5M-19.5% | -$6.3M-5.7% | -$5.9M |
| Retained Earnings | -$3.6M+5.2% | -$3.8M-3.7% | -$3.7M+67.3% | -$11.3M | N/A | N/A | N/A | -$9.2M |
GROO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1K+101.6% | -$91K | N/A | -$66K-33.0% | -$50K+19.6% | -$62K-13.2% | -$55K | N/A |
| 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 | $0-100.0% | $2K | N/A | N/A | $0 | $0 | $0 | N/A |
| Financing Cash Flow | $0-100.0% | $90K | $0-100.0% | $62K+36.3% | $46K-36.8% | $72K+30.9% | $55K | 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 |
GROO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 52.9% | N/A | N/A | 100.0%0.0pp | 100.0% | N/A | N/A |
| Operating Margin | N/A | -4323.9%-2786.4pp | -1537.5% | N/A | -12713.0%+2000.6pp | -14713.6% | N/A | N/A |
| Net Margin | N/A | -4323.9% | N/A | N/A | -21721.8%+70888.5pp | -92610.2% | N/A | N/A |
| Return on Equity | N/A | -1014.4% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | -363.9% | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 0.02 | N/A | 0.000.0 | 0.00 | N/A | N/A | N/A | 0.00 |
| Debt-to-Equity | -1.02-2.8 | 1.79+3.0 | -1.18-0.1 | -1.03 | N/A | N/A | N/A | -1.05 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$8.2M), 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
What is Groovy Company Inc's annual revenue?
Groovy Company Inc (GROO) reported $4K in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
What is Groovy Company Inc's EBITDA?
Groovy Company Inc (GROO) had EBITDA of -$659K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Groovy Company Inc's operating margin?
Groovy Company Inc (GROO) had an operating margin of -19338.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Groovy Company Inc's operating cash flow?
Groovy Company Inc (GROO) generated -$232K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Groovy Company Inc's total assets?
Groovy Company Inc (GROO) had $247K in total assets as of fiscal year 2024, including both current and long-term assets.
What is Groovy Company Inc's current ratio?
Groovy Company Inc (GROO) 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 Groovy Company Inc's debt-to-equity ratio?
Groovy Company Inc (GROO) had a debt-to-equity ratio of -1.03 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Groovy Company Inc's cash runway?
Based on fiscal year 2024 data, Groovy Company Inc (GROO) had $2K in cash against an annual operating cash burn of $232K. 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.
Why is Groovy Company Inc's debt-to-equity ratio negative or unusual?
Groovy Company Inc (GROO) has negative shareholder equity of -$8.2M 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.
What is Groovy Company Inc's Altman Z-Score?
Groovy Company Inc (GROO) has an Altman Z-Score of -114.43, 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.
Can Groovy Company Inc cover its interest payments?
Groovy Company Inc (GROO) has an interest coverage ratio of -1.2x, 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.