Goldenwell Financials
This page shows Goldenwell (GWLL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
Financial Health Signals
Goldenwell passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Goldenwell generates $0.94 in operating cash flow (-$123K OCF vs -$131K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Goldenwell earns $-14.7 in operating income for every $1 of interest expense (-$123K vs $8K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Goldenwell generated $139 in revenue in fiscal year 2024. This represents a decrease of 92.4% from the prior year.
Goldenwell reported -$131K in net income in fiscal year 2024. This represents a decrease of 12.0% from the prior year.
Cash & Balance Sheet
Goldenwell held $49K in cash against $174K in long-term debt as of fiscal year 2024.
Goldenwell had 99M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Margins & Returns
Goldenwell's gross margin was 46.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 9.8 percentage points from the prior year.
Goldenwell's operating margin was -88559.7% in fiscal year 2024, reflecting core business profitability. This is down 82251.1 percentage points from the prior year.
Goldenwell's net profit margin was -94602.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 88210.7 percentage points from the prior year.
Capital Allocation
GWLL Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25K-33.3% | $38K | $0 | N/A | $0-100.0% | $139-12.0% | $158-39.2% | $260 |
| Cost of Revenue | $0 | $0 | $0 | N/A | $0-100.0% | $69 | $0-100.0% | $187 |
| Gross Profit | $25K-33.3% | $38K | $0 | N/A | $0-100.0% | $70 | $0-100.0% | $73 |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $31K-24.0% | $41K+25.8% | $32K | N/A | $21K-56.2% | $48K+65.4% | $29K+38.7% | $21K |
| Operating Income | -$6K-88.6% | -$3K+90.3% | -$32K | N/A | -$21K+56.2% | -$48K-65.1% | -$29K-39.2% | -$21K |
| Interest Expense | $2K0.0% | $2K0.0% | $2K | N/A | $2K0.0% | $2K0.0% | $2K | N/A |
| Income Tax | $0 | N/A | $0 | N/A | $0 | $0 | $0 | N/A |
| Net Income | -$8K-53.0% | -$5K+84.8% | -$34K | N/A | $23K-53.8% | $50K+61.2% | $31K+248.9% | -$21K |
| EPS (Diluted) | N/A | N/A | $0.00 | N/A | N/A | N/A | $0.00 | N/A |
GWLL Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $220K-12.3% | $251K+30.9% | $192K-14.4% | $224K+24.9% | $179K-10.5% | $200K+0.7% | $199K-12.8% | $228K |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $46K-40.4% | $77K+346.7% | $17K-65.3% | $49K+939.0% | $5K-81.5% | $26K+6.2% | $24K-54.5% | $53K |
| Inventory | $175K0.0% | $175K0.0% | $175K0.0% | $175K+0.1% | $175K0.0% | $175K0.0% | $175K-0.1% | $175K |
| Accounts Receivable | $0 | $0 | N/A | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $315K-6.8% | $338K+23.6% | $274K+0.8% | $271K+36.6% | $199K+1.1% | $197K+35.4% | $145K+1.0% | $144K |
| Current Liabilities | $39K-38.8% | $64K | N/A | $2K | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | $176K+1.2% | $174K | N/A | N/A | N/A | $46K |
| Total Equity | -$95K-9.2% | -$87K-6.4% | -$82K-72.8% | -$47K-345.5% | $19K+402.8% | $4K-92.9% | $54K-36.6% | $85K |
| Retained Earnings | -$1.4M-0.6% | -$1.4M-0.4% | -$1.4M-2.5% | -$1.4M-2.1% | -$1.3M-1.8% | -$1.3M-4.0% | -$1.3M-2.5% | -$1.2M |
GWLL Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$31K-152.0% | $59K+284.0% | -$32K-27.3% | -$25K-20.9% | -$21K+56.1% | -$48K-64.6% | -$29K-52.1% | -$19K |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $0 | $0 | N/A | $70K | $0-100.0% | $49K+2245.2% | $2K-96.5% | $60K |
| 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 |
GWLL Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0%0.0pp | 100.0% | N/A | N/A | N/A | 50.4%+50.4pp | 0.0%-28.1pp | 28.1% |
| Operating Margin | -23.5%-15.2pp | -8.3% | N/A | N/A | N/A | -34402.9%-16076.3pp | -18326.6%-10327.0pp | -7999.6% |
| Net Margin | -31.9%-18.0pp | -13.9% | N/A | N/A | N/A | 35913.7%+16308.0pp | 19605.7%+27605.3pp | -7999.6% |
| Return on Equity | N/A | N/A | N/A | N/A | 119.9%-1184.9pp | 1304.8%+1247.1pp | 57.6%+82.2pp | -24.6% |
| Return on Assets | -3.6%-1.5pp | -2.1%+15.8pp | -17.9% | N/A | 12.8%-12.1pp | 24.9%+9.3pp | 15.6%+24.7pp | -9.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | -3.32+0.6 | -3.89-1.7 | -2.16+1.5 | -3.68-14.0 | 10.33-41.1 | 51.38+48.7 | 2.70+2.2 | 0.55 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$47K), 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.
Frequently Asked Questions
What is Goldenwell's annual revenue?
Goldenwell (GWLL) reported $139 in total revenue for fiscal year 2024. This represents a -92.4% 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 Goldenwell's revenue growing?
Goldenwell (GWLL) revenue declined by 92.4% year-over-year, from $2K to $139 in fiscal year 2024.
Is Goldenwell profitable?
No, Goldenwell (GWLL) reported a net income of -$131K in fiscal year 2024, with a net profit margin of -94602.9%.
How much debt does Goldenwell have?
As of fiscal year 2024, Goldenwell (GWLL) had $49K in cash and equivalents against $174K in long-term debt.
What is Goldenwell's gross margin?
Goldenwell (GWLL) had a gross margin of 46.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Goldenwell's operating margin?
Goldenwell (GWLL) had an operating margin of -88559.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Goldenwell's net profit margin?
Goldenwell (GWLL) had a net profit margin of -94602.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Goldenwell's operating cash flow?
Goldenwell (GWLL) generated -$123K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Goldenwell's total assets?
Goldenwell (GWLL) had $224K in total assets as of fiscal year 2024, including both current and long-term assets.
What is Goldenwell's debt-to-equity ratio?
Goldenwell (GWLL) had a debt-to-equity ratio of -3.68 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Goldenwell's return on assets (ROA)?
Goldenwell (GWLL) had a return on assets of -58.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Goldenwell's cash runway?
Based on fiscal year 2024 data, Goldenwell (GWLL) had $49K in cash against an annual operating cash burn of $123K. This gives an estimated cash runway of approximately 5 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 Goldenwell's debt-to-equity ratio negative or unusual?
Goldenwell (GWLL) has negative shareholder equity of -$47K 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 Goldenwell's Piotroski F-Score?
Goldenwell (GWLL) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Goldenwell's earnings high quality?
Goldenwell (GWLL) has an earnings quality ratio of 0.94x, 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.
Can Goldenwell cover its interest payments?
Goldenwell (GWLL) has an interest coverage ratio of -14.7x, 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.