GZ6G TECHNOLOGIES CORP (GZIC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for Q1 FY2023, filed May 15, 2023. Each column of the statement tables below links to the filing it was taken from.
GZ6G TECHNOLOGIES CORP (GZIC) reported $289K in revenue over the twelve months to Mar 31, 2023. This page shows its 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).
The business shows a striking gross-margin improvement, but overhead, financing dependence, and negative equity reveal weak operating conversion.
Gross margin expanded from-17.0% in FY2020 to91.8% in FY2022, signaling a dramatic change in reported cost structure rather than a steady improvement. Yet operating cash flow shifted from positive$24K to an operating cash outflow of$2.51M over the same span, so the improved reported gross economics did not translate into cash generation.
By FY2022, liabilities were
FY2022 SG&A reached
Financial Health Signals
GZ6G TECHNOLOGIES CORP 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.
GZ6G TECHNOLOGIES CORP passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 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 $71K in revenue in Q1 2023. This represents an increase of 2251.6% from the same quarter a year earlier. Against the prior quarter it is down 49.6%.
GZ6G TECHNOLOGIES CORP reported $4.0M in net income in Q1 2023. This represents an increase of 235.2% from the same quarter a year earlier.
GZ6G TECHNOLOGIES CORP earned $0.00 per diluted share (EPS) in Q1 2023. This represents an increase of 100.0% from the same quarter a year earlier.
Not reported for Q1 2023.
Cash & Balance Sheet
GZ6G TECHNOLOGIES CORP recorded an outflow of $737K in free cash flow in Q1 2023, representing a cash shortfall after capex. This represents a decrease of 3.5% from the same quarter a year earlier. Against the prior quarter it is down 22.4%.
GZ6G TECHNOLOGIES CORP held $333K in cash against $44K in long-term debt as of Q1 2023.
Not reported for Q1 2023.
Margins & Returns
GZ6G TECHNOLOGIES CORP's gross margin was 44.3% in Q1 2023, indicating the percentage of revenue retained after direct costs. This is down 19.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 46.4 percentage points.
Not reported for Q1 2023.
Not shown for Q1 2023: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q1 2023.
Capital Allocation
GZ6G TECHNOLOGIES CORP invested $12K in capex in Q1 2023, funding long-term assets and infrastructure. This represents a decrease of 76.9% from the same quarter a year earlier. Against the prior quarter it is up 135.5%.
Not reported for Q1 2023.
Not reported for Q1 2023.
GZIC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2310-K | Q4'2210-K | Q3'2210-Q | Q2'2210-Q | Q1'2210-K | Q4'2110-K | Q3'2110-Q | Q2'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71K+2251.6% | $140K | $75K-43.3% | $4K | $3K | N/A | $132K+321851.2% | N/A |
| Cost of Revenue | $39K+3510.0% | $13K | $4K-88.5% | $393 | $1K | N/A | $33K | N/A |
| Gross Profit | $31K+1535.5% | $127K | $71K-28.4% | $4K | $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+34.3% | $527K | $554K+89.0% | $1.3M+632.8% | $532K+675.5% | N/A | $293K+756.8% | $183K |
| Interest Expense | $771K-65.9% | N/A | $1.2M | $2.0M+22.4% | $2.3M+644.8% | N/A | N/A | $1.6M |
| Net Income | $4.0M+235.2% | N/A | $1.7M | -$3.5M-85.6% | -$2.9M-573.7% | N/A | N/A | -$1.9M-1161.7% |
| EPS (Basic) | $0.04+133.3% | N/A | $0.05+138.5% | N/A | -$0.12 | N/A | -$0.13 | N/A |
| EPS (Diluted) | $0.00+100.0% | N/A | $0.01 | N/A | -$0.12 | N/A | -$0.13 | N/A |
| Diluted Shares (Avg) | 1.80B+7041.6% | N/A | 185M | N/A | 25M | N/A | 23M | N/A |
Not reported in any period shown, so not listed: Operating Income, EBITDA, Income Tax.
GZIC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2310-K | Q4'2210-K | Q3'2210-Q | Q2'2210-Q | Q1'2210-K | Q4'2110-K | Q3'2110-Q | Q2'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1M+8.3% | $1.4M+21.5% | $1.0M+136.3% | $1.1M | $1.0M | $1.1M+215.6% | $427K | N/A |
| Current Assets | $399K+122.2% | $632K-20.6% | $223K+56.0% | $265K | $180K | $796K+128.0% | $143K | N/A |
| Cash & Equivalents | $333K+149.8% | $507K-33.3% | $174K+47.2% | $216K-63.3% | $133K-67.8% | $760K+320.8% | $118K+3680.5% | $588K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $14K+617.6% | $60K+2892.3% | $3K+47.3% | $3K | $2K | $2K0.0% | $2K | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.1M-55.1% | $9.3M+46.2% | $8.5M+29.1% | $11.3M | $9.2M | $6.4M+430.4% | $6.6M | N/A |
| Current Liabilities | N/A | $9.5M | $8.6M | $11.4M | $9.3M | N/A | N/A | N/A |
| Non-Current Liabilities | -$229K-253.7% | -$190K+69.2% | -$147K+73.3% | -$104K | -$65K | -$616K-4.3% | -$551K | N/A |
| Long-Term Debt | $44K0.0% | $44K0.0% | $44K0.0% | $44K | $44K | $44K-50.8% | $44K | N/A |
| Total Equity | -$3.0M+63.0% | -$8.0M-51.5% | -$7.5M-21.6% | -$10.2M-160.9% | -$8.2M-307.8% | -$5.3M-521.1% | -$6.2M-103.1% | -$3.9M-100.7% |
| Retained Earnings | -$19.0M+0.2% | -$23.0M-42.7% | -$20.8M-84.9% | -$22.5M | -$19.0M | -$16.1M-165.5% | -$11.2M | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill.
GZIC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2310-K | Q4'2210-K | Q3'2210-Q | Q2'2210-Q | Q1'2210-K | Q4'2110-K | Q3'2110-Q | Q2'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$725K-10.1% | -$597K-2.6% | -$481K-30.9% | -$779K-218.8% | -$658K-273.6% | -$582K-487.3% | -$367K | -$244K |
| Depreciation & Amortization | $29K-37.0% | $28K+5549.6% | $26K+48.7% | $25K+1457.9% | $46K+7831.4% | $488+0.2% | $18K+3545.2% | $2K |
| Capital Expenditures | $12K-76.9% | $5K-93.0% | $24K-68.8% | $24K-74.6% | $54K+1403.2% | $75K | $78K | $95K |
| Free Cash Flow | -$737K-3.5% | -$602K+8.4% | -$505K-13.4% | -$803K-136.8% | -$712K-296.3% | -$657K | -$446K | -$339K |
| Investing Cash Flow | -$12K+48.2% | -$5K+93.0% | -$24K+68.8% | -$24K+74.6% | -$24K-569.8% | -$75K | -$78K | -$95K |
| Financing Cash Flow | $563K+909.9% | $935K-28.2% | $463K+1733.0% | $886K+72.5% | $56K-86.5% | $1.3M+3956.7% | -$28K | $513K |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
GZIC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2310-K | Q4'2210-K | Q3'2210-Q | Q2'2210-Q | Q1'2210-K | Q4'2110-K | Q3'2110-Q | Q2'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.3%-19.4pp | 90.7% | 95.0%+19.8pp | 90.2% | 63.7% | N/A | 75.2% | N/A |
| Net Margin | 5628.5% | N/A | 2324.2% | -87154.8% | -97921.1% | N/A | N/A | N/A |
| Return on Assets | 361.2%+650.5pp | N/A | 172.4% | -323.8% | -289.3% | N/A | N/A | N/A |
| Current Ratio | N/A | 0.07 | 0.03 | 0.02 | 0.02 | N/A | N/A | N/A |
| Asset Turnover | 0.06+0.1x | 0.10 | 0.07-0.2x | 0.00 | 0.00 | N/A | 0.31 | N/A |
| FCF Margin | -1044.9% | -430.1% | -674.5% | -20074.8% | -23745.7% | N/A | -337.6% | N/A |
Not reported in any period shown, so not listed: Operating Margin, Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
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.
Where GZ6G TECHNOLOGIES CORP Ranks
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) recorded an outflow of $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) recorded an outflow of $2.5M in operating cash flow during fiscal year 2022, representing cash used by 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 P/E ratio?
GZ6G TECHNOLOGIES CORP (GZIC) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $302K as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GZ6G TECHNOLOGIES CORP's price-to-sales ratio?
GZ6G TECHNOLOGIES CORP (GZIC) trades at 1.0x sales, its market capitalization divided by revenue of $289K revenue, trailing 12 months to March 31, 2023. The market capitalization is $302K as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is GZ6G TECHNOLOGIES CORP's debt-to-equity ratio negative or not reported?
GZ6G TECHNOLOGIES CORP (GZIC) has negative shareholder equity of -$8.0M as of fiscal year 2022, 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 GZ6G TECHNOLOGIES CORP's Piotroski F-Score?
GZ6G TECHNOLOGIES CORP (GZIC) has a Piotroski F-Score of 3 out of 5 computable signals; 4 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.