Groovy Company Inc Financials

GROO

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

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).

Rhea AI GROO FY2024 2026-04-22

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 $6.2M to $8.4M even as assets slipped, so the balance sheet weakened through accumulation of obligations rather than investment in operating capacity. That leaves equity deeply negative and makes the firm more dependent on capital providers than on assets it can monetize.

In FY2024, interest expense of $594K was almost as large as the operating loss of -$696K. That means servicing obligations is consuming nearly as much economic capacity as the underlying operation itself, so the financing structure is part of the business problem rather than a side issue.

Financial Health Signals

Financial Profile 13/100

Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Groovy Company Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Groovy Company Inc has an operating margin of -19338.6%, meaning the company retains $-19339 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.

Leverage

Groovy Company Inc carries a low D/E ratio of -1.03, meaning only $-1.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 75/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Groovy Company Inc's current ratio of 0.00 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Interest Coverage At Risk

-1.2x

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

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Earnings & Revenue

Revenue

$4K

Groovy Company Inc generated $4K in revenue in fiscal year 2024.

EBITDA

-$659K

YoY-28.1%

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.

Net Income

N/A

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$2K

YoY+2248.4%

Groovy Company Inc held $2K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

-19338.6%

Groovy Company Inc's operating margin was -19338.6% in fiscal year 2024, reflecting core business profitability.

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

GROO Income Statement

Metric	FY24	FY23	FY13	FY12	FY11
Revenue	$4K	$0	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$528K+33.4%	$396K-48.0%	$760K+2520.5%	$29K+98.9%	$15K
Operating Income	-$696K-24.3%	-$560K	N/A	N/A	N/A
Interest Expense	$594K+3.2%	$575K+1305.7%	$41K	N/A	N/A
Income Tax	$0	$0	N/A	N/A	N/A
Net Income	N/A	-$1.4M-11.5%	-$1.3M-503.4%	-$209K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

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	FY24	FY23	FY13	FY12	FY11
Total Assets	$247K-12.5%	$282K+0.9%	$280K-9.0%	$307K+4899.3%	$6K
Current Assets	$2K+2248.4%	$93-99.9%	$83K-56.5%	$191K+10392.7%	$2K
Cash & Equivalents	$2K+2248.4%	$93-99.7%	$30K-84.0%	$185K+10071.5%	$2K
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$8.4M+35.8%	$6.2M+631.0%	$848K+386.5%	$174K+238.5%	$52K
Current Liabilities	$8.4M+35.8%	$6.2M	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	-$8.2M-38.1%	-$5.9M-941.1%	-$569K-527.3%	$133K+393.3%	-$45K
Retained Earnings	-$11.3M-22.8%	-$9.2M-579.8%	$1.9M+294.5%	$488K	N/A

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	FY24	FY23	FY13	FY12	FY11
Operating Cash Flow	-$232K+26.4%	-$316K+31.5%	-$461K-238.6%	-$136K	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	-$12K+79.6%	-$60K-1124.8%	-$5K
Financing Cash Flow	$235K-17.5%	$284K-35.9%	$443K+81.2%	$245K	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

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	FY24	FY23	FY13	FY12	FY11
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	-19338.6%	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	-157.4%	N/A
Return on Assets	N/A	-498.8%-47.3pp	-451.6%-383.4pp	-68.1%	N/A
Current Ratio	0.000.0	0.00	N/A	N/A	N/A
Debt-to-Equity	-1.03+0.0	-1.05+0.4	-1.49-2.8	1.31+2.4	-1.14
FCF Margin	N/A	N/A	N/A	N/A	N/A

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.

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.

How financially healthy is Groovy Company Inc?

Groovy Company Inc (GROO) scores 13 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.