Kinetic Seas Inc Financials
This page shows Kinetic Seas Inc (KSEZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Early revenue has appeared, but overhead and liabilities still dominate how this business is being financed and operated.
FY2024 introduced sales, yet commercial activity is not the main economic driver:$211K of revenue produced only$53K of gross profit, while selling/admin expense and interest together consumed far more than the business made before overhead. At the same time, balance-sheet strain accelerated: liabilities rose nearly tenfold year over year, and the current ratio fell to 0.02x.
The gross margin of
The liquidity position is extremely thin because cash was just
Financial Health Signals
Based on FY2024 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 Kinetic Seas Inc'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.
Kinetic Seas Inc's current ratio of 0.02 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Key Financial Metrics
Earnings & Revenue
Kinetic Seas Inc generated $211K in revenue in fiscal year 2024.
Kinetic Seas Inc earned $-0.18 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 500.0% from the prior year.
Cash & Balance Sheet
Kinetic Seas Inc held $5K in cash against $0 in long-term debt as of fiscal year 2024.
Kinetic Seas Inc had 16M shares outstanding in fiscal year 2024. This represents a decrease of 38.7% from the prior year.
Margins & Returns
Kinetic Seas Inc's gross margin was 25.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs.
Capital Allocation
Kinetic Seas Inc invested $100K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 651.7% from the prior year.
KSEZ Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $92K | $0-100.0% | $68K-7.4% | $73K+12.8% | $65K+5.2% | $62K+485.3% | $11K | N/A |
| Cost of Revenue | $0-100.0% | $13K-77.3% | $57K+12.0% | $51K-2.8% | $52K+13.1% | $46K+492.0% | $8K | N/A |
| Gross Profit | $92K+805.4% | -$13K-221.2% | $11K-51.9% | $22K+78.5% | $12K-18.7% | $15K+465.9% | $3K | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $347K+288.2% | $89K+8.3% | $82K+331.6% | -$36K-123.9% | $149K-47.3% | $283K+155.0% | $111K | N/A |
| Operating Income | -$158K+83.8% | -$978K-405.1% | -$194K | N/A | N/A | -$443K-127.4% | -$195K | N/A |
| Interest Expense | $48K+17.3% | $41K+34.7% | $30K-69.9% | $101K+892.8% | $10K-31.2% | $15K+223.6% | $5K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$206K+79.8% | -$1.0M-355.0% | -$224K | N/A | N/A | -$458K-129.6% | -$199K | N/A |
| EPS (Diluted) | $-0.01+50.0% | $-0.02-100.0% | $-0.01 | N/A | $-0.06-200.0% | $-0.02-100.0% | $-0.01 | N/A |
KSEZ Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $150K-35.8% | $234K+41.1% | $166K-13.0% | $190K+25.4% | $152K-21.5% | $193K+83.7% | $105K+238.5% | $31K |
| Current Assets | $39K-64.2% | $108K+318.1% | $26K-29.2% | $37K-37.3% | $58K-35.4% | $90K+636.2% | $12K-31.6% | $18K |
| Cash & Equivalents | $0 | $0 | $0-100.0% | $5K-64.6% | $14K-76.8% | $60K+3426.5% | $2K-90.5% | $18K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $39K+626.0% | $5K-79.4% | $26K+24.8% | $21K-0.5% | $21K+3.9% | $20K+89.9% | $11K | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.0M-23.6% | $1.3M-2.7% | $1.3M-39.0% | $2.2M+354.1% | $487K-15.8% | $579K+131.4% | $250K+10.3% | $227K |
| Current Liabilities | $967K-24.0% | $1.3M-2.4% | $1.3M-39.7% | $2.2M+343.9% | $487K-15.8% | $579K+131.4% | $250K+10.3% | $227K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$853K+21.0% | -$1.1M+8.8% | -$1.2M+41.5% | -$2.0M-502.9% | -$335K+12.9% | -$385K-166.0% | -$145K+25.9% | -$196K |
| Retained Earnings | -$6.5M-3.3% | -$6.3M-19.4% | -$5.2M-4.5% | -$5.0M-77.3% | -$2.8M-59.4% | -$1.8M-34.7% | -$1.3M-17.8% | -$1.1M |
KSEZ Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$149K-51.0% | -$99K-9.1% | -$90K+58.6% | -$218K+47.2% | -$413K-60.4% | -$258K-41.1% | -$183K-124.8% | -$81K |
| Capital Expenditures | $0 | $0 | $0 | $0+100.0% | -$2K-109.1% | $18K-78.1% | $84K+526.8% | $13K |
| Free Cash Flow | -$149K-51.0% | -$99K-9.1% | -$90K+58.6% | -$218K+47.4% | -$415K-50.3% | -$276K-3.7% | -$266K-181.4% | -$95K |
| Investing Cash Flow | $0 | $0 | $0 | $0-100.0% | $2K+109.1% | -$18K+78.1% | -$84K-526.8% | -$13K |
| Financing Cash Flow | $149K+51.0% | $99K+15.5% | $85K-59.1% | $209K-42.8% | $366K+9.2% | $335K+33.9% | $250K+130.2% | $109K |
| 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 |
KSEZ Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | N/A | 15.8%-14.6pp | 30.4%+11.2pp | 19.2%-5.6pp | 24.9%-0.9pp | 25.7% | N/A |
| Operating Margin | -172.9% | N/A | -285.3% | N/A | N/A | -716.9%+1128.7pp | -1845.6% | N/A |
| Net Margin | -225.2% | N/A | -329.9% | N/A | N/A | -740.8%+1148.0pp | -1888.7% | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -137.5%+298.5pp | -435.9%-300.8pp | -135.1% | N/A | N/A | -236.8%-47.2pp | -189.5% | N/A |
| Current Ratio | 0.04-0.0 | 0.09+0.1 | 0.020.0 | 0.02-0.1 | 0.12-0.0 | 0.16+0.1 | 0.05-0.0 | 0.08 |
| Debt-to-Equity | -1.18+0.0 | -1.22-0.1 | -1.14-0.0 | -1.09+0.4 | -1.45+0.0 | -1.50+0.2 | -1.73-0.6 | -1.16 |
| FCF Margin | -162.8% | N/A | -133.2%+164.5pp | -297.7%+341.3pp | -639.0%-191.9pp | -447.0%+2075.4pp | -2522.5% | N/A |
Note: Shareholder equity is negative (-$2.0M), 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 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Kinetic Seas Inc's annual revenue?
Kinetic Seas Inc (KSEZ) reported $211K in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
What is Kinetic Seas Inc's gross margin?
Kinetic Seas Inc (KSEZ) had a gross margin of 25.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What are Kinetic Seas Inc's total assets?
Kinetic Seas Inc (KSEZ) had $190K in total assets as of fiscal year 2024, including both current and long-term assets.
What are Kinetic Seas Inc's capital expenditures?
Kinetic Seas Inc (KSEZ) invested $100K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Kinetic Seas Inc's current ratio?
Kinetic Seas Inc (KSEZ) had a current ratio of 0.02 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Kinetic Seas Inc's debt-to-equity ratio?
Kinetic Seas Inc (KSEZ) had a debt-to-equity ratio of -1.09 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is Kinetic Seas Inc's debt-to-equity ratio negative or unusual?
Kinetic Seas Inc (KSEZ) has negative shareholder equity of -$2.0M as of fiscal year 2024, 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.
How financially healthy is Kinetic Seas Inc?
Kinetic Seas Inc (KSEZ) scores 0 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.