What is Goldenwell's earnings per share (EPS)?

Goldenwell (GWLL) reported diluted earnings per share of $0.00 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Goldenwell Financials

GWLL

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Goldenwell (GWLL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 GWLL FY2024 2026-07-01

Cash burn financed by new borrowing now matters more than sales, as inventory and debt dominate the balance sheet.

By FY2024, revenue had nearly disappeared to $139 while operating cash outflow was still -$123K, implying the cost base no longer moves with customer activity and is instead mostly fixed overhead. That gap was bridged by financing inflows, and the balance sheet flipped from positive equity in FY2023 to negative equity of -$47K as long-term debt climbed to $174K; funding needs are being met outside the revenue engine rather than by it.

The asset mix looks inventory-heavy: FY2024 inventory was $175K against just $139 of annual revenue, so capital is tied up in stock that is barely turning. Cash was only $49K, which leaves normal operations looking less self-funding than externally supported.

Borrowing has become a meaningful part of the business model, with interest expense reaching $8K on $174K of long-term debt in FY2024. Because gross profit was less than $1K, even small financing costs now outweigh what current sales contribute, so balance-sheet carrying costs matter more than reported product margin.

Financial Health Signals

Financial health score pending refresh

We are recalculating Goldenwell'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.

Interest Coverage At Risk

-13.5x

Goldenwell earns $-13.5 in operating income for every $1 of interest expense (-$113K vs $8K). 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

$55

YoY-60.4%

Goldenwell generated $55 in revenue in fiscal year 2025. This represents a decrease of 60.4% from the prior year.

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$0.00

Goldenwell earned $0.00 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$27K

YoY-45.8%

5Y CAGR-36.0%

Goldenwell held $27K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

99M

YoY+0.0%

5Y CAGR+1.6%

Goldenwell had 99M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

21.8%

YoY-24.2pp

Goldenwell's gross margin was 21.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 24.2 percentage points from the prior year.

Operating Margin

-206047.3%

YoY-117487.6pp

Goldenwell's operating margin was -206047.3% in fiscal year 2025, reflecting core business profitability. This is down 117487.6 percentage points from the prior year.

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

GWLL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$55-60.4%	$139-92.4%	$2K-96.2%	$48K+199.4%	$16K	$0
Cost of Revenue	$43-42.7%	$75-93.6%	$1K-94.8%	$23K+198.4%	$8K	$0
Gross Profit	$12-81.3%	$64-90.4%	$666-97.4%	$25K+200.3%	$8K	$0
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$113K-8.0%	$123K+5.7%	$116K-88.5%	$1.0M+697.7%	$127K+1888.9%	$6K
Operating Income	-$113K+7.9%	-$123K-6.3%	-$116K+88.2%	-$985K-733.0%	-$118K	N/A
Interest Expense	$8K0.0%	$8K+447.2%	$2K	N/A	$0	$0
Income Tax	$0	$0	$0	$0	$0	$0
Net Income	N/A	-$131K-12.0%	-$117K+88.1%	-$985K-742.1%	-$117K-1749.8%	-$6K
EPS (Diluted)	$0.00	$0.00	$0.00	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$0-100.0%	$55	$0	$0	$0	$0	$0-100.0%	$139
Cost of Revenue	$0-100.0%	$43	$0	$0	$0	$0	$0-100.0%	$69
Gross Profit	$0-100.0%	$12	$0	$0	$0	$0	$0-100.0%	$70
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$31K+36.8%	$23K-11.2%	$26K-8.5%	$28K-22.6%	$36K+43.7%	$25K+20.9%	$21K-56.2%	$48K
Operating Income	-$31K-36.9%	-$23K+11.2%	-$26K+8.5%	-$28K+22.6%	-$36K-43.7%	-$25K-20.9%	-$21K+56.2%	-$48K
Interest Expense	$2K0.0%	$2K0.0%	$2K0.0%	$2K0.0%	$2K0.0%	$2K0.0%	$2K0.0%	$2K
Income Tax	$0	$0	$0	$0	$0	$0	$0	$0
Net Income	-$18K	N/A	-$28K+7.9%	-$30K+21.4%	-$39K-40.4%	-$27K-19.0%	-$23K+53.8%	-$50K
EPS (Diluted)	$0.00	$0.00	N/A	N/A	$0.00	$0.00	N/A	N/A

GWLL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$36K-83.9%	$224K-1.7%	$228K-8.2%	$248K-46.1%	$461K+85.5%	$249K
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$27K-45.8%	$49K-7.2%	$53K+15.7%	$46K-78.5%	$214K-14.1%	$249K
Inventory	N/A	$175K0.0%	$175K-0.7%	$176K-11.4%	$199K	$0
Accounts Receivable	N/A	$0	$0	$0	$0	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$380K+39.9%	$271K+88.7%	$144K+207.5%	$47K-70.6%	$159K	$0
Current Liabilities	$102K+5376.3%	$2K	N/A	N/A	$159K	$0
Long-Term Debt	N/A	$174K+275.5%	$46K	N/A	N/A	N/A
Total Equity	-$344K-627.6%	-$47K-156.1%	$84K-58.2%	$202K-33.2%	$302K+21.4%	$249K
Retained Earnings	-$1.7M-21.8%	-$1.4M-10.7%	-$1.2M-10.6%	-$1.1M-783.8%	-$126K-1355.6%	-$9K

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$19K-48.1%	$36K-84.5%	$234K-12.6%	$267K+39.3%	$192K-14.4%	$224K+24.9%	$179K-10.5%	$200K
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$13K-49.9%	$27K-41.3%	$46K-40.4%	$77K+346.7%	$17K-65.3%	$49K+939.0%	$5K-81.5%	$26K
Inventory	$0	N/A	$175K0.0%	$175K0.0%	$175K0.0%	$175K+0.1%	$175K0.0%	$175K
Accounts Receivable	N/A	N/A	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$380K+0.1%	$380K+0.6%	$378K-1.5%	$383K+38.1%	$278K+2.3%	$271K+36.6%	$199K+1.1%	$197K
Current Liabilities	$100K-1.8%	$102K0.0%	$102K-7.1%	$110K	N/A	$2K	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	$176K+1.2%	$174K	N/A	N/A
Total Equity	-$361K-5.1%	-$344K-138.7%	-$144K-24.0%	-$116K-35.3%	-$86K-81.6%	-$47K-126.0%	-$21K-722.2%	$3K
Retained Earnings	-$1.7M-1.1%	-$1.7M-13.7%	-$1.5M-2.0%	-$1.4M-2.2%	-$1.4M-2.8%	-$1.4M-2.1%	-$1.3M-1.8%	-$1.3M

GWLL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$23K+81.6%	-$123K-8.8%	-$113K+89.5%	-$1.1M-422.8%	-$205K-3143.8%	-$6K
Capital Expenditures	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
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$0-100.0%	$119K-0.9%	$120K-86.7%	$905K+432.0%	$170K+1949.7%	$8K
Dividends Paid	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

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$13K+29.1%	-$19K+39.0%	-$31K-152.0%	$59K+284.0%	-$32K-27.3%	-$25K-20.9%	-$21K+56.1%	-$48K
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	$0	$0	$0-100.0%	$70K	$0-100.0%	$49K
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	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	21.8%-24.2pp	46.0%+9.8pp	36.3%-16.4pp	52.7%+0.2pp	52.5%	N/A
Operating Margin	-206047.3%-117487.6pp	-88559.7%-82251.1pp	-6308.6%-4247.7pp	-2060.9%-1320.2pp	-740.7%	N/A
Net Margin	N/A	-94602.9%-88210.7pp	-6392.2%-4331.3pp	-2060.9%-1328.2pp	-732.6%	N/A
Return on Equity	N/A	N/A	-139.3%+349.3pp	-488.6%-449.8pp	-38.8%-36.2pp	-2.5%
Return on Assets	N/A	-58.7%-7.2pp	-51.4%+345.1pp	-396.6%-371.2pp	-25.4%-22.8pp	-2.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	-1.11+2.6	-3.68-4.2	0.55+0.3	0.23-0.3	0.53+0.5	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	21.8%	N/A	N/A	N/A	N/A	N/A	50.4%
Operating Margin	N/A	-41627.3%	N/A	N/A	N/A	N/A	N/A	-34402.9%
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-35913.7%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-1485.7%
Return on Assets	-93.9%	N/A	-11.9%-0.6pp	-11.3%+8.8pp	-20.1%-7.8pp	-12.2%+0.6pp	-12.8%+12.1pp	-24.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	-1.05+0.1	-1.11+1.5	-2.62+0.7	-3.30-1.3	-2.05+1.6	-3.68+5.8	-9.50-68.0	58.50
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$344K), 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 $55 in total revenue for fiscal year 2025. This represents a -60.4% 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 60.4% year-over-year, from $139 to $55 in fiscal year 2025.

What is Goldenwell's gross margin?

Goldenwell (GWLL) had a gross margin of 21.8% in fiscal year 2025, 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 -206047.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Goldenwell's operating cash flow?

Goldenwell (GWLL) generated -$23K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Goldenwell's total assets?

Goldenwell (GWLL) had $36K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Goldenwell have outstanding?

Goldenwell (GWLL) had 99M shares outstanding as of fiscal year 2025.

What is Goldenwell's debt-to-equity ratio?

Goldenwell (GWLL) had a debt-to-equity ratio of -1.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Goldenwell's cash runway?

Based on fiscal year 2025 data, Goldenwell (GWLL) had $27K in cash against an annual operating cash burn of $23K. This gives an estimated cash runway of approximately 14 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 -$344K as of fiscal year 2025, 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 Goldenwell cover its interest payments?

Goldenwell (GWLL) has an interest coverage ratio of -13.5x, 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.