Gz6G Technologies Corp Financials
This page shows Gz6G Technologies Corp (GZIC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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 is carrying a tiny-revenue business whose gross margin improved far faster than its cash economics.
Across the last three annual periods, gross margin reached91.8% even as operating cash flow fell to-$2.51M . That combination says delivery costs are no longer the main constraint; the business is being limited by an overhead base that current sales still do not absorb, and FY2022 cash burn was largely supplied by financing inflows of$2.34M .
Selling and administrative expense of
Total liabilities ended FY2022 at
Financial Health Signals
Based on FY2022 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 Gz6G Technologies Corp'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.
Gz6G Technologies Corp's revenue surged 184.5% year-over-year to $222K, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Gz6G Technologies Corp's current ratio of 0.07 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Gz6G Technologies Corp generated -$2.5M in operating cash flow, capex of $108K consumed most of it, leaving -$2.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Gz6G Technologies Corp passes 3 of 9 financial strength tests. No profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Key Financial Metrics
Earnings & Revenue
Gz6G Technologies Corp generated $222K in revenue in fiscal year 2022. This represents an increase of 184.5% from the prior year.
Cash & Balance Sheet
Gz6G Technologies Corp generated -$2.6M in free cash flow in fiscal year 2022, representing cash available after capex. This represents a decrease of 61.7% from the prior year.
Gz6G Technologies Corp held $507K in cash against $44K in long-term debt as of fiscal year 2022.
Gz6G Technologies Corp had 71M shares outstanding in fiscal year 2022. This represents an increase of 185.1% from the prior year.
Margins & Returns
Gz6G Technologies Corp's gross margin was 91.8% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is up 47.0 percentage points from the prior year.
Capital Allocation
Gz6G Technologies Corp invested $108K in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents a decrease of 57.2% from the prior year.
GZIC Income Statement
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71K-49.6% | $140K+87.0% | $75K+1772.3% | $4K+33.3% | $3K | N/A | $132K | N/A |
| Cost of Revenue | $39K+201.6% | $13K+245.5% | $4K+859.3% | $393-63.9% | $1K | N/A | $33K | N/A |
| Gross Profit | $31K-75.4% | $127K+78.6% | $71K+1871.7% | $4K+88.7% | $2K | N/A | $99K | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | $3K0.0% | $3K |
| SG&A Expenses | $715K+35.8% | $527K-5.0% | $554K-58.8% | $1.3M+152.5% | $532K | N/A | $293K+59.9% | $183K |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $771K | N/A | $1.2M-40.2% | $2.0M-12.1% | $2.3M | N/A | N/A | $1.6M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $4.0M | N/A | $1.7M+149.9% | -$3.5M-18.7% | -$2.9M | N/A | N/A | -$1.9M |
| EPS (Diluted) | $0.00 | N/A | $0.01 | N/A | $-0.12 | N/A | $-0.13 | N/A |
GZIC Balance Sheet
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1M-19.9% | $1.4M+36.0% | $1.0M-6.3% | $1.1M+6.1% | $1.0M-10.1% | $1.1M+164.4% | $427K | N/A |
| Current Assets | $399K-36.8% | $632K+183.4% | $223K-15.9% | $265K+47.5% | $180K-77.4% | $796K+456.9% | $143K | N/A |
| Cash & Equivalents | $333K-34.4% | $507K+191.3% | $174K-19.4% | $216K+62.2% | $133K-82.5% | $760K+542.3% | $118K-79.9% | $588K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $14K-76.0% | $60K+1930.7% | $3K+17.9% | $3K+25.0% | $2K0.0% | $2K0.0% | $2K | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $4.1M-55.9% | $9.3M+10.1% | $8.5M-24.9% | $11.3M+23.0% | $9.2M+43.8% | $6.4M-2.9% | $6.6M | N/A |
| Current Liabilities | N/A | $9.5M+10.4% | $8.6M-24.3% | $11.4M+23.3% | $9.3M | N/A | N/A | N/A |
| Long-Term Debt | $44K0.0% | $44K0.0% | $44K0.0% | $44K0.0% | $44K0.0% | $44K0.0% | $44K | N/A |
| Total Equity | -$3.0M+62.0% | -$8.0M-6.6% | -$7.5M+26.9% | -$10.2M-25.1% | -$8.2M-55.4% | -$5.3M+14.5% | -$6.2M-56.9% | -$3.9M |
| Retained Earnings | -$19.0M+17.3% | -$23.0M-10.5% | -$20.8M+7.7% | -$22.5M-18.3% | -$19.0M-18.3% | -$16.1M-43.2% | -$11.2M | N/A |
GZIC Cash Flow Statement
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$725K-21.4% | -$597K-24.2% | -$481K+38.3% | -$779K-18.3% | -$658K-13.1% | -$582K-58.5% | -$367K-50.3% | -$244K |
| Capital Expenditures | $12K+135.5% | $5K-78.3% | $24K+1.9% | $24K-55.6% | $54K-28.1% | $75K-3.9% | $78K-17.3% | $95K |
| Free Cash Flow | -$737K-22.4% | -$602K-19.2% | -$505K+37.1% | -$803K-12.7% | -$712K-8.4% | -$657K-47.5% | -$446K-31.4% | -$339K |
| Investing Cash Flow | -$12K-135.5% | -$5K+78.3% | -$24K-1.9% | -$24K+0.4% | -$24K+68.0% | -$75K+3.9% | -$78K+17.3% | -$95K |
| Financing Cash Flow | $563K-39.9% | $935K+101.9% | $463K-47.7% | $886K+1490.2% | $56K-95.7% | $1.3M+4692.0% | -$28K-105.5% | $513K |
| 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 |
GZIC Financial Ratios
| Metric | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.3%-46.4pp | 90.7%-4.3pp | 95.0%+4.8pp | 90.2%+26.5pp | 63.7% | N/A | 75.2% | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 5628.5% | N/A | 2324.2%+89479.0pp | -87154.8%+10766.3pp | -97921.1% | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 361.2% | N/A | 172.4%+496.2pp | -323.8%-34.4pp | -289.3% | N/A | N/A | N/A |
| Current Ratio | N/A | 0.07+0.0 | 0.030.0 | 0.020.0 | 0.02 | N/A | N/A | N/A |
| Debt-to-Equity | -0.010.0 | -0.010.0 | -0.010.0 | -0.000.0 | -0.010.0 | -0.010.0 | -0.01 | N/A |
| FCF Margin | -1044.9%-614.8pp | -430.1%+244.5pp | -674.5%+19400.3pp | -20074.8%+3670.9pp | -23745.7% | N/A | -337.6% | N/A |
Note: Shareholder equity is negative (-$8.0M), 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 (0.07), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Gz6G Technologies Corp's annual revenue?
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.
How fast is Gz6G Technologies Corp's revenue growing?
Gz6G Technologies Corp (GZIC) revenue grew by 184.5% year-over-year, from $78K to $222K in fiscal year 2022.
How much debt does Gz6G Technologies Corp have?
As of fiscal year 2022, Gz6G Technologies Corp (GZIC) had $507K in cash and equivalents against $44K in long-term debt.
What is Gz6G Technologies Corp's gross margin?
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.
What is Gz6G Technologies Corp's free cash flow?
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.
What is Gz6G Technologies Corp's operating cash flow?
Gz6G Technologies Corp (GZIC) generated -$2.5M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Gz6G Technologies Corp's total assets?
Gz6G Technologies Corp (GZIC) had $1.4M in total assets as of fiscal year 2022, including both current and long-term assets.
What are Gz6G Technologies Corp's capital expenditures?
Gz6G Technologies Corp (GZIC) invested $108K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
What is Gz6G Technologies Corp's current ratio?
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.
What is Gz6G Technologies Corp's debt-to-equity ratio?
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.
What is Gz6G Technologies Corp's cash runway?
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.
Why is Gz6G Technologies Corp's debt-to-equity ratio negative or unusual?
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.
What is Gz6G Technologies Corp's Piotroski F-Score?
Gz6G Technologies Corp (GZIC) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
How financially healthy is Gz6G Technologies Corp?
Gz6G Technologies Corp (GZIC) scores 17 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.