KING RESOURCES, INC (KRFG) 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 Sep 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KRFG SEC filings page.
KING RESOURCES, INC (KRFG) reported $831K in revenue for fiscal year 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 is combining collapsing gross margins with a balance sheet financed by liabilities and recurring external cash support.
Earnings quality is highly distorted by the gap between accounting loss and cash movement: in FY2026, net loss reached-$2.18M while operating cash flow was-$157K . That difference did not make the business self-funding, because a$170K financing inflow nearly offset operating and investing cash outflows.
The margin structure deteriorated sharply: gross margin fell from
The balance sheet shows liquidity and solvency pressure together: FY2026 liabilities were 5.2x assets, and the current ratio was just 0.2x, meaning reported current assets were far below obligations due within the current-liability classification. Reported liquidity equaled 0.7 months of the latest annual operating outflow, reinforcing that financing—not operating cash generation—was the immediate cash-flow counterweight.
Financial Health Signals
KING RESOURCES, INC 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.
KING RESOURCES, INC scores -74.93, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.5M) relative to total liabilities ($1.5M). 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.
KING RESOURCES, INC passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 3 profitability signals pass, all 2 leverage/liquidity signals pass.
KING RESOURCES, INC reported a net loss of $2.2M while operations used $157K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
KING RESOURCES, INC generated $0 in revenue in Q1 2027. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
KING RESOURCES, INC's EBITDA was -$973K in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 216.3% from the same quarter a year earlier. Against the prior quarter it is down 20.9%.
KING RESOURCES, INC reported -$963K in net income in Q1 2027. This represents a decrease of 212.9% from the same quarter a year earlier. Against the prior quarter it is down 19.5%.
Cash & Balance Sheet
KING RESOURCES, INC held $23K in cash as of Q1 2027; long-term debt is not reported for that period.
Not reported for Q1 2027.
Not reported for Q1 2027.
Margins & Returns
None of these metrics is reported for Q1 2027.
Capital Allocation
None of these metrics is reported for Q1 2027.
KRFG 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 | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0-100.0% | $202K | $590K+2966.1% | $19K-0.3% | $19K+0.2% | N/A | $19K+0.2% | $19K+0.4% |
| Cost of Revenue | $0-100.0% | $173K | $530K+4493.7% | $12K-0.3% | $12K+0.2% | N/A | $12K+0.3% | $12K+0.3% |
| Gross Profit | $0-100.0% | $30K | $60K+674.4% | $8K-0.3% | $8K+0.2% | N/A | $8K+0.2% | $8K+0.4% |
| R&D Expenses | N/A | $0 | $0 | $0 | $0-100.0% | N/A | $0-100.0% | $0-100.0% |
| SG&A Expenses | $105K+64.0% | N/A | $73K+60.6% | $75K+214.4% | $64K+71.5% | N/A | $45K+22.9% | $24K-83.1% |
| Operating Income | -$974K-216.5% | -$806K | -$746K | -$325K-1921.8% | -$308K-90.2% | N/A | N/A | -$16K+92.3% |
| EBITDA | -$973K-216.3% | -$804K | -$746K | -$325K-2172.8% | -$308K-90.9% | N/A | N/A | -$14K+93.1% |
| Income Tax | $0 | $0 | $0 | $0 | $0 | N/A | $0 | $0 |
| Net Income | -$963K-212.9% | -$806K | -$746K | -$325K-113.0% | -$308K-90.3% | N/A | N/A | $2.5M+904.5% |
| EPS (Basic) | -$0.09 | -$0.05-102.4% | -$0.01+97.7% | -$0.09-105.3% | $0.00 | $2.06 | -$0.43 | $1.70 |
| EPS (Diluted) | -$0.09 | -$0.05 | -$0.01+97.7% | -$0.09 | $0.00 | $2.26 | -$0.43 | $1.70 |
| Diluted Shares (Avg) | 11M | N/A | 75M+5020.6% | 4M | 665,079-100.0% | N/A | 1M-100.0% | 1M-100.0% |
Not reported in any period shown, so not listed: Interest Expense.
KRFG 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 | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $250K-10.9% | $280K+7041.1% | $74K+1984.8% | $40.9M | $280K+104.7% | $4K-97.0% | $4K-99.5% | $0-100.0% |
| Current Assets | $242K+304.9% | $272K+11146.6% | $74K+3512.3% | $40.9M | $60K-52.4% | $2K-98.0% | $2K-99.6% | $0-100.0% |
| Cash & Equivalents | $23K+1334.7% | $9K+263.6% | $2K+4.5% | $3K | $2K-77.3% | $2K+55.3% | $2K+1.1% | $0-100.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | $39.3M | N/A | $0 | N/A | N/A |
| Accounts Receivable | $203K | $246K | $44K | N/A | N/A | $0 | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.5M+0.2% | $1.5M+53.1% | $1.2M0.0% | $38.4M+5417.9% | $1.5M-53.9% | $957K-69.8% | $1.2M-59.6% | $695K-76.7% |
| Current Liabilities | $1.5M+16.9% | $1.5M+53.1% | $1.2M0.0% | $38.4M+5417.9% | $1.3M-60.4% | $957K-69.8% | $1.2M-59.6% | $695K-76.7% |
| Non-Current Liabilities | $0-100.0% | $0 | $0 | $0 | $220K | $0 | $0 | $0 |
| Total Equity | -$1.3M-2.7% | -$1.2M-24.4% | -$1.1M+6.0% | $1.0M+244.7% | -$1.3M+60.6% | -$953K+68.6% | -$1.2M+46.4% | -$695K+66.7% |
| Retained Earnings | -$10.6M-36.6% | -$9.6M-29.3% | -$8.8M-14.8% | -$8.1M-14.5% | -$7.8M+18.9% | -$7.4M+20.7% | -$7.7M+9.3% | -$7.1M+15.4% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
KRFG 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 | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$44K-1.5% | -$79K | $20K-52.3% | -$55K-43.1% | -$43K-15.3% | N/A | $42K+1238.7% | -$38K+79.9% |
| Depreciation & Amortization | $784 | $1K+106400.0% | $0-100.0% | $0-100.0% | $0-100.0% | -$1-100.2% | $4K+143.0% | $2K+0.3% |
| Stock-Based Compensation | $855K | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Investing Cash Flow | N/A | -$9K | $0-100.0% | N/A | N/A | $0 | $1K | N/A |
| Financing Cash Flow | $57K+41.7% | $93K | -$30K+26.2% | $66K+47.9% | $41K-14.7% | N/A | -$40K-303.4% | $44K-76.9% |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
KRFG 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 | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 14.6% | 10.1%-29.9pp | 40.0%0.0pp | 40.0%0.0pp | N/A | 40.0%0.0pp | 40.0%0.0pp |
| Operating Margin | N/A | -398.0% | -126.4% | -1695.8% | -1600.4% | N/A | N/A | -83.6% |
| Net Margin | N/A | -398.0% | -126.4% | -1695.8% | -1600.4% | N/A | N/A | 12986.3% |
| Return on Equity | N/A | N/A | N/A | -32.3% | N/A | N/A | N/A | N/A |
| Return on Assets | -385.5%-275.8pp | -287.5% | -1004.6% | -0.8% | -109.8%+8.3pp | N/A | N/A | N/A |
| Current Ratio | 0.16+0.1x | 0.19+0.2x | 0.06+0.1x | 1.07+1.1x | 0.050.0x | 0.000.0x | 0.00-0.2x | 0.00-0.2x |
| Debt-to-Equity | N/A | N/A | N/A | 38.13 | N/A | N/A | N/A | N/A |
| Asset Turnover | 0.00-0.1x | 0.72 | 7.95+2.5x | 0.00 | 0.07-0.1x | N/A | 5.40+5.4x | N/A |
Not reported in any period shown, so not listed: FCF Margin.
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: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$1.2M), 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 (0.19), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| KING RESOURCES, INC KRFG | FY2026 | $831K | -$2.2M | N/A | $2.5M | — |
| NOVONIX LTD NVNXF | FY2025 | $5.6M | -$92.7M | N/A | $79.8M | — |
Where KING RESOURCES, INC Ranks
Frequently Asked Questions
What is KING RESOURCES, INC's annual revenue?
KING RESOURCES, INC (KRFG) reported $831K in total revenue for fiscal year 2026. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is KING RESOURCES, INC profitable?
No, KING RESOURCES, INC (KRFG) reported a net income of -$2.2M in fiscal year 2026.
What is KING RESOURCES, INC's EBITDA?
KING RESOURCES, INC (KRFG) had EBITDA of -$2.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is KING RESOURCES, INC's gross margin?
KING RESOURCES, INC (KRFG) had a gross margin of 12.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is KING RESOURCES, INC's free cash flow?
KING RESOURCES, INC (KRFG) recorded an outflow of $166K in free cash flow during fiscal year 2026. 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 KING RESOURCES, INC's operating cash flow?
KING RESOURCES, INC (KRFG) recorded an outflow of $157K in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are KING RESOURCES, INC's total assets?
KING RESOURCES, INC (KRFG) had $280K in total assets as of fiscal year 2026, including both current and long-term assets.
What are KING RESOURCES, INC's capital expenditures?
KING RESOURCES, INC (KRFG) invested $9K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is KING RESOURCES, INC's current ratio?
KING RESOURCES, INC (KRFG) had a current ratio of 0.19 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is KING RESOURCES, INC's return on assets (ROA)?
KING RESOURCES, INC (KRFG) had a return on assets of -779.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is KING RESOURCES, INC's P/E ratio?
KING RESOURCES, INC (KRFG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $2.5M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is KING RESOURCES, INC's price-to-sales ratio?
KING RESOURCES, INC (KRFG) trades at 3.1x sales, its market capitalization divided by revenue of $811K revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.5M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does KING RESOURCES, INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, KING RESOURCES, INC (KRFG) held $9K in cash, cash equivalents and investments, and reported an operating cash outflow of $157K 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 KING RESOURCES, INC's debt-to-equity ratio negative or not reported?
KING RESOURCES, INC (KRFG) has negative shareholder equity of -$1.2M as of fiscal year 2026, 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 KING RESOURCES, INC's Altman Z-Score?
KING RESOURCES, INC (KRFG) has an Altman Z-Score of -74.93, 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 KING RESOURCES, INC's Piotroski F-Score?
KING RESOURCES, INC (KRFG) 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.
Are KING RESOURCES, INC's earnings high quality?
KING RESOURCES, INC (KRFG) reported a net loss of $2.2M while operations used $157K 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.