Lzg Internat Financials
Lzg Internat (LZGI) reported $216K in revenue for fiscal year 2022. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
LZG’s equity-funded expansion left operating cash consumption overwhelming its still-small revenue base in FY2022.
The company generated gross profit of$173.7K on$216.2K of revenue, yet operating cash flow was-$10.5M , showing that the cash demands extended well beyond ordinary gross-margin pressure. The simultaneous$10.8M financing inflow and$18.3M equity balance indicate that the enlarged balance sheet was funded primarily through external capital rather than internally generated cash.
High gross margin did not translate into operating profitability: gross margin reached
Liquidity improved on the balance sheet: the current ratio rose to 3.2x in FY2022 from 0.0x in FY2021, indicating a shift away from near-term liability pressure. However, the reported liquidity comparison was only 0.1 months of annual operating outflow, separating balance-sheet solvency from cash-generation economics.
Financial Health Signals
Lzg Internat 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.
Lzg Internat scores -0.02, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($31K) relative to total liabilities ($3.1M). 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.
Lzg Internat passes 2 of 6 computable financial strength tests (3 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.
Lzg Internat reported a net loss of $920K while operations used $10.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Lzg Internat reported an operating loss of $901K against $2K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Lzg Internat generated $216K in revenue in fiscal year 2022.
Lzg Internat's EBITDA was -$723K in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
Lzg Internat reported -$920K in net income in fiscal year 2022.
Cash & Balance Sheet
Lzg Internat held $82K in cash as of fiscal year 2022; long-term debt is not reported for that period.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Margins & Returns
Lzg Internat's gross margin was 80.3% in fiscal year 2022, indicating the percentage of revenue retained after direct costs.
Lzg Internat's ROE was -5.0% in fiscal year 2022, measuring profit generated per dollar of shareholder equity.
Not shown for fiscal year 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for fiscal year 2022.
LZGI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.6M+37.8% | $6.9M+185.3% | $2.4M | N/A | $43K0.0% | $43K | $0 | N/A |
| Cost of Revenue | $1.8M+25.6% | $1.4M+356.6% | $314K | N/A | $8K0.0% | $8K | $0 | N/A |
| Gross Profit | $7.8M+41.0% | $5.5M+159.8% | $2.1M | N/A | $35K0.0% | $35K | $0 | N/A |
| R&D Expenses | N/A | $5.4M+376.0% | $1.1M | N/A | N/A | N/A | $0 | N/A |
| SG&A Expenses | $1.4M+97.0% | $723K-65.2% | $2.1M | N/A | $18K-23.2% | $23K+136.1% | $10K | N/A |
| Operating Income | $1.6M+184.7% | -$1.9M+45.3% | -$3.5M | N/A | $18K+43.3% | $12K+226.2% | -$10K | N/A |
| Interest Expense | N/A | N/A | $115K | N/A | $2K+25.6% | $2K+12.5% | $1K | N/A |
| Income Tax | -$14K-168.9% | $21K | $0 | N/A | $0 | $0 | $0 | N/A |
| Net Income | -$53K+98.6% | -$3.7M-0.2% | -$3.7M | N/A | $13K+62.7% | $8K+156.2% | -$14K | N/A |
Not reported in any period shown, so not listed: EPS (Diluted).
LZGI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $43.0M-22.4% | $55.4M+49.8% | $37.0M+72.0% | $21.5M+4991.8% | $422K+9.8% | $385K+10780.7% | $4K-25.3% | $5K |
| Current Assets | $6.9M-63.5% | $18.8M+105.8% | $9.2M-8.7% | $10.0M+2276.1% | $422K+841.5% | $45K+1168.5% | $4K-25.3% | $5K |
| Cash & Equivalents | $258K-51.4% | $531K-45.1% | $968K+1086.2% | $82K-10.0% | $91K+102.0% | $45K+1168.5% | $4K-25.3% | $5K |
| Inventory | N/A | N/A | $4.1M | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $2.4M-43.4% | $4.3M+238.8% | $1.3M+5032.0% | $24K | N/A | N/A | N/A | N/A |
| Goodwill | $25.2M+1.0% | $24.9M+58.2% | $15.8M | $0 | N/A | N/A | N/A | N/A |
| Total Liabilities | $26.1M-33.3% | $39.2M+64.0% | $23.9M+658.3% | $3.1M+781.3% | $357K+7.4% | $333K+8.2% | $307K+4.3% | $295K |
| Current Liabilities | $23.0M-36.3% | $36.1M+101.6% | $17.9M+467.8% | $3.1M+781.3% | $357K+24.5% | $287K+9.5% | $262K+4.9% | $250K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $45K |
| Total Equity | $16.9M+4.0% | $16.2M+23.9% | $13.1M-28.7% | $18.3M+28227.3% | $65K+24.6% | $52K+117.1% | -$304K-4.8% | -$290K |
| Retained Earnings | -$11.5M+1.8% | -$11.7M-46.6% | -$8.0M-86.9% | -$4.3M-27.7% | -$3.3M+0.4% | -$3.4M+0.2% | -$3.4M-0.4% | -$3.4M |
LZGI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $410K-37.4% | $655K-93.1% | $9.4M+189.4% | -$10.6M-32886.1% | $32K+51.3% | $21K+443.7% | -$6K-367.9% | -$1K |
| Capital Expenditures | -$13K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $397K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $167K+103.5% | -$4.7M+73.2% | -$17.7M | N/A | $0 | $0 | $0 | $0 |
| Financing Cash Flow | $58K-96.5% | $1.7M-84.9% | $11.0M+2.4% | $10.7M+79506.5% | $14K-32.5% | $20K+300.0% | $5K-12.3% | $6K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LZGI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 81.1%+1.8pp | 79.3%-7.8pp | 87.1% | N/A | 81.1%0.0pp | 81.1% | N/A | N/A |
| Operating Margin | 16.8%+44.2pp | -27.4% | -142.8% | N/A | 40.5%+12.3pp | 28.2% | N/A | N/A |
| Net Margin | -0.5%+53.1pp | -53.6% | -152.6% | N/A | 29.4%+11.3pp | 18.1% | N/A | N/A |
| Return on Equity | -0.3%+22.6pp | -22.9%+5.4pp | -28.4% | N/A | 19.7%+4.6pp | 15.1% | N/A | N/A |
| Return on Assets | -0.1%+6.6pp | -6.7%+3.3pp | -10.0% | N/A | 3.0%+1.0pp | 2.0%+397.4pp | -395.4% | N/A |
| Current Ratio | 0.30-0.2x | 0.520.0x | 0.51-2.7x | 3.18+2.0x | 1.18+1.0x | 0.16+0.1x | 0.010.0x | 0.02 |
| Debt-to-Equity | 1.55-0.9x | 2.42+0.6x | 1.82+1.7x | 0.17-5.3x | 5.52-0.9x | 6.40 | N/A | N/A |
| FCF Margin | 4.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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.
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Where Lzg Internat Ranks
Frequently Asked Questions
What is Lzg Internat's annual revenue?
Lzg Internat (LZGI) reported $216K in total revenue for fiscal year 2022. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Lzg Internat profitable?
No, Lzg Internat (LZGI) reported a net income of -$920K in fiscal year 2022.
What is Lzg Internat's EBITDA?
Lzg Internat (LZGI) had EBITDA of -$723K in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
What is Lzg Internat's gross margin?
Lzg Internat (LZGI) had a gross margin of 80.3% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lzg Internat's return on equity (ROE)?
Lzg Internat (LZGI) has a return on equity of -5.0% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is Lzg Internat's operating cash flow?
Lzg Internat (LZGI) recorded an outflow of $10.5M in operating cash flow during fiscal year 2022, representing cash used by core business activities.
What are Lzg Internat's total assets?
Lzg Internat (LZGI) had $21.5M in total assets as of fiscal year 2022, including both current and long-term assets.
What is Lzg Internat's current ratio?
Lzg Internat (LZGI) had a current ratio of 3.18 as of fiscal year 2022, which is generally considered healthy.
What is Lzg Internat's debt-to-equity ratio?
Lzg Internat (LZGI) had a debt-to-equity ratio of 0.17 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lzg Internat's return on assets (ROA)?
Lzg Internat (LZGI) had a return on assets of -4.3% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
How does Lzg Internat's liquidity compare with its operating cash outflow?
At the end of fiscal year 2022, Lzg Internat (LZGI) held $82K in cash, cash equivalents and investments, and reported an operating cash outflow of $10.5M over that year. Dividing the one by the other, the reported balance equals about 0 months 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.
What is Lzg Internat's Altman Z-Score?
Lzg Internat (LZGI) has an Altman Z-Score of -0.02, 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 Lzg Internat's Piotroski F-Score?
Lzg Internat (LZGI) has a Piotroski F-Score of 2 out of 6 computable signals; 3 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 Lzg Internat's earnings high quality?
Lzg Internat (LZGI) reported a net loss of $920K while operations used $10.5M 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.
Can Lzg Internat cover its interest payments?
Lzg Internat (LZGI) reported an operating loss of $901K against $2K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.