Global Warm Financials
Global Warm (GWSO) reported $0 in revenue for fiscal year 2023. This page shows its 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, not operating earnings, became the dominant mechanic as cost expansion overwhelmed a business with improving gross margins.
The earnings-quality shift is sharper than revenue alone: in FY2019, a net loss of-$25.6M coexisted with positive operating cash flow of$12.2M , suggesting substantial non-cash effects. By FY2021, operating loss of-$454.5M and operating cash flow of-$600.9M aligned, indicating losses had become cash-consuming rather than mainly accounting-driven.
Gross margin expansion from
Total liabilities fell from
Financial Health Signals
Global Warm does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Global Warm scores -32.48, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($4.3M) relative to total liabilities ($353K). 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.
Global Warm passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Global Warm reported a net loss of $516K while operations used $586K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Global Warm generated $0 in revenue in fiscal year 2023.
Global Warm's EBITDA was -$412K in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 66.2% from the prior year.
Global Warm reported -$516K in net income in fiscal year 2023. This represents an increase of 59.6% from the prior year.
Not reported for fiscal year 2023.
Cash & Balance Sheet
Global Warm held $29K in cash as of fiscal year 2023; long-term debt is not reported for that period.
Not reported for fiscal year 2023.
Not reported for fiscal year 2023.
Margins & Returns
None of these metrics is reported for fiscal year 2023.
Capital Allocation
Global Warm invested $151K in research and development in fiscal year 2023. This represents a decrease of 73.7% from the prior year.
Not reported for fiscal year 2023.
Not reported for fiscal year 2023.
GWSO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Cost of Revenue | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Gross Profit | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| R&D Expenses | $3K | $0 | $0 | N/A | $0-100.0% | $10K-92.9% | $141K | N/A |
| SG&A Expenses | $16K-58.2% | $38K+32.7% | $29K | N/A | $87K-4.0% | $90K-11.7% | $102K | N/A |
| Operating Income | -$33K+55.4% | -$73K-3.5% | -$71K | N/A | -$119K-5.3% | -$113K+56.6% | -$261K | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | $9K+219.8% | $3K-81.7% | $14K | N/A |
| Income Tax | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Net Income | -$47K | N/A | -$77K | N/A | -$125K-6.2% | -$118K+54.2% | -$258K | N/A |
Not reported in any period shown, so not listed: EPS (Diluted).
GWSO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $20K-62.8% | $53K-83.4% | $321K+35.0% | $238K-29.8% | $338K+78.8% | $189K-18.0% | $231K-22.1% | $296K |
| Current Assets | $1K-95.5% | $32K-89.1% | $297K+41.6% | $210K-10.6% | $234K+212.1% | $75K-33.3% | $113K-35.4% | $174K |
| Cash & Equivalents | $0-100.0% | $3K | $0-100.0% | $29K-73.9% | $110K | $0-100.0% | $23K+29077.2% | $79 |
| Total Liabilities | $515K+0.2% | $514K+20.1% | $428K+21.3% | $353K-34.5% | $539K-10.5% | $603K+14.6% | $526K+21.5% | $433K |
| Current Liabilities | $515K+0.2% | $514K+20.1% | $428K+21.3% | $353K-34.5% | $539K-10.5% | $603K+14.6% | $526K+21.5% | $433K |
| Total Equity | -$495K-7.5% | -$461K-329.0% | -$107K+6.9% | -$115K+42.6% | -$201K+51.4% | -$413K-40.0% | -$295K-116.2% | -$137K |
| Retained Earnings | -$6.1M-0.8% | -$6.1M-6.5% | -$5.7M-1.4% | -$5.6M-0.3% | -$5.6M-2.3% | -$5.5M-2.2% | -$5.4M-5.0% | -$5.1M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
GWSO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$34K+58.5% | -$81K+56.4% | -$186K+14.7% | -$219K-28.0% | -$171K-320.1% | -$41K+73.9% | -$156K+55.1% | -$347K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | $0 | $0-100.0% | -$359 |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | -$41K+73.9% | -$156K+55.1% | -$348K |
| Investing Cash Flow | $6K | $0 | $0-100.0% | $72K | $0 | $0 | $0 | $0 |
| Financing Cash Flow | $25K-70.9% | $84K-46.6% | $158K+139.7% | $66K-76.5% | $280K+1492.0% | $18K-90.2% | $179K-40.3% | $300K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
GWSO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Return on Assets | -237.7% | N/A | -24.0% | N/A | -37.1%+25.3pp | -62.4%+49.3pp | -111.7% | N/A |
| Current Ratio | 0.00-0.1x | 0.06-0.6x | 0.69+0.1x | 0.59+0.2x | 0.43+0.3x | 0.12-0.1x | 0.21-0.2x | 0.40 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, FCF Margin.
Note: Shareholder equity is negative (-$115K), 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 (0.59), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Global Warm Ranks
Frequently Asked Questions
What is Global Warm's annual revenue?
Global Warm (GWSO) reported $0 in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Global Warm profitable?
No, Global Warm (GWSO) reported a net income of -$516K in fiscal year 2023.
What is Global Warm's EBITDA?
Global Warm (GWSO) had EBITDA of -$412K in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.
What is Global Warm's operating cash flow?
Global Warm (GWSO) recorded an outflow of $586K in operating cash flow during fiscal year 2023, representing cash used by core business activities.
What are Global Warm's total assets?
Global Warm (GWSO) had $238K in total assets as of fiscal year 2023, including both current and long-term assets.
How much does Global Warm spend on research and development?
Global Warm (GWSO) invested $151K in research and development during fiscal year 2023.
What is Global Warm's current ratio?
Global Warm (GWSO) had a current ratio of 0.59 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is Global Warm's return on assets (ROA)?
Global Warm (GWSO) had a return on assets of -217.3% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
How does Global Warm's liquidity compare with its operating cash outflow?
At the end of fiscal year 2023, Global Warm (GWSO) held $32K in cash, cash equivalents and investments, and reported an operating cash outflow of $586K over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Global Warm's debt-to-equity ratio negative or not reported?
Global Warm (GWSO) has negative shareholder equity of -$115K as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 Global Warm's Altman Z-Score?
Global Warm (GWSO) has an Altman Z-Score of -32.48, 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.
What is Global Warm's Piotroski F-Score?
Global Warm (GWSO) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Global Warm's earnings high quality?
Global Warm (GWSO) reported a net loss of $516K while operations used $586K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.