Integrated Cannabis Solutions Financials
This page shows Integrated Cannabis Solutions (IGPK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
Key Financial Metrics
Earnings & Revenue
Integrated Cannabis Solutions generated $0 in revenue in fiscal year 2021.
Cash & Balance Sheet
Integrated Cannabis Solutions held $0 in cash against $0 in long-term debt as of fiscal year 2021.
Integrated Cannabis Solutions had 1.63B shares outstanding in fiscal year 2021. This represents an increase of 10.1% from the prior year.
Margins & Returns
Capital Allocation
IGPK Income Statement
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $6K-39.5% | $10K+134.4% | $4K | N/A | $7K-17.9% | $8K+34.8% | $6K | N/A |
| Operating Income | -$100K-13.0% | -$89K-9.7% | -$81K | N/A | N/A | N/A | -$71K | N/A |
| Interest Expense | $16K+6.5% | $15K+7.3% | $14K | N/A | $13K+16.9% | $11K+23.1% | $9K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$116K-12.1% | -$103K-9.4% | -$95K | N/A | N/A | N/A | -$80K | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
IGPK Balance Sheet
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $0 | $0 | $0-100.0% | $10K0.0% | $10K+242.8% | $3K | N/A | $3K |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.4M+9.2% | $1.3M+9.0% | $1.2M+7.9% | $1.1M+8.3% | $988K+11.4% | $887K | N/A | $689K |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.4M-9.2% | -$1.3M-9.0% | -$1.2M-8.9% | -$1.1M-8.4% | -$978K-10.6% | -$884K-15.3% | -$766K-11.7% | -$686K |
| Retained Earnings | -$4.1M-2.9% | -$4.0M-2.6% | -$3.9M-2.5% | -$3.8M-2.2% | -$3.8M-2.6% | -$3.7M | N/A | -$3.5M |
IGPK Financial Ratios
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | -1.000.0 | -1.000.0 | -1.000.0 | -1.010.0 | -1.010.0 | -1.00 | N/A | -1.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$1.1M), 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.
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Frequently Asked Questions
What is Integrated Cannabis Solutions's annual revenue?
Integrated Cannabis Solutions (IGPK) reported $0 in total revenue for fiscal year 2021. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
What are Integrated Cannabis Solutions's total assets?
Integrated Cannabis Solutions (IGPK) had $10K in total assets as of fiscal year 2021, including both current and long-term assets.
What is Integrated Cannabis Solutions's debt-to-equity ratio?
Integrated Cannabis Solutions (IGPK) had a debt-to-equity ratio of -1.01 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is Integrated Cannabis Solutions's debt-to-equity ratio negative or unusual?
Integrated Cannabis Solutions (IGPK) has negative shareholder equity of -$1.1M as of fiscal year 2021, 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.