Gz6G Technologies Corp Financials

Gz6G Technologies Corp (GZIC) reported $222K in total revenue for fiscal year 2022. This represents a 184.5% 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.

Gz6G Technologies Corp (GZIC) revenue grew by 184.5% year-over-year, from $78K to $222K in fiscal year 2022.

No, Gz6G Technologies Corp (GZIC) reported a net income of -$6.9M in fiscal year 2022, with a net profit margin of -3095.8%.

As of fiscal year 2022, Gz6G Technologies Corp (GZIC) had $507K in cash and equivalents against $44K in long-term debt.

Gz6G Technologies Corp (GZIC) had a gross margin of 91.8% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

Gz6G Technologies Corp (GZIC) had a net profit margin of -3095.8% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

Gz6G Technologies Corp (GZIC) generated -$2.6M in free cash flow during fiscal year 2022. This represents a -61.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Gz6G Technologies Corp (GZIC) generated -$2.5M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

Gz6G Technologies Corp (GZIC) had $1.4M in total assets as of fiscal year 2022, including both current and long-term assets.

Gz6G Technologies Corp (GZIC) invested $108K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.

Gz6G Technologies Corp (GZIC) had 71M shares outstanding as of fiscal year 2022.

Gz6G Technologies Corp (GZIC) had a current ratio of 0.07 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.

Gz6G Technologies Corp (GZIC) had a debt-to-equity ratio of -0.01 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.

Gz6G Technologies Corp (GZIC) had a return on assets of -500.5% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2022 data, Gz6G Technologies Corp (GZIC) had $507K in cash against an annual operating cash burn of $2.5M. This gives an estimated cash runway of approximately 2 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.

Gz6G Technologies Corp (GZIC) has negative shareholder equity of -$8.0M as of fiscal year 2022, 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.

Gz6G Technologies Corp (GZIC) has a Piotroski F-Score of 5 out of 9, indicating neutral 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.

Gz6G Technologies Corp (GZIC) has an earnings quality ratio of 0.37x, 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.