What is SIGNING DAY SPORTS INC's earnings per share (EPS)?

SIGNING DAY SPORTS INC (SGN) reported diluted earnings per share of $-19.86 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SIGNING DAY SPORTS INC Financials

SGN

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows SIGNING DAY SPORTS INC (SGN) financial statements, including the 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).

Rhea AI SGN FY2024 2026-04-22

Sales growth is still too small to absorb operating cash burn, leaving a liquidity squeeze despite higher revenue.

Between FY2023 and FY2024, revenue nearly doubled from $308K to $616K. Yet operating cash outflow remained severe at -$3.1M, only modestly better than -$4.8M a year earlier. With gross margin also compressing from 86.9% to 67.4%, added sales are not yet reaching the business at an economics level that relieves the cash strain.

Liquidity tightened sharply in FY2024: cash fell to $181K from $1.1M. Current liabilities of $3.3M against current assets of $280K show the balance sheet is being driven by short-term obligations, not operating flexibility.

The cash burn is operational, not reinvestment-driven: FY2024 free cash flow of -$3.1M was almost identical to operating cash flow of -$3.1M. External funding also dried up to just $6K in FY2024 from $8.9M in FY2023, so there was little fresh capital to offset that burn.

Financial Health Signals

Financial Profile 28/100

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 SIGNING DAY SPORTS 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.

Growth

100

SIGNING DAY SPORTS INC's revenue surged 100.1% year-over-year to $616K, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

SIGNING DAY SPORTS INC carries a low D/E ratio of -1.51, meaning only $-1.51 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 67/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

SIGNING DAY SPORTS INC's current ratio of 0.09 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While SIGNING DAY SPORTS INC generated -$3.1M in operating cash flow, capex of $16K consumed most of it, leaving -$3.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

2/9

SIGNING DAY SPORTS INC passes 2 of 9 financial strength tests. No profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Key Financial Metrics

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Earnings & Revenue

Revenue

$616K

YoY+100.1%

SIGNING DAY SPORTS INC generated $616K in revenue in fiscal year 2024. This represents an increase of 100.1% from the prior year.

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-19.86

SIGNING DAY SPORTS INC earned $-19.86 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 0.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$3.1M

YoY+36.5%

SIGNING DAY SPORTS INC generated -$3.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 36.5% from the prior year.

Cash & Debt

$181K

YoY-83.9%

SIGNING DAY SPORTS INC held $181K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

909,232

SIGNING DAY SPORTS INC had 909,232 shares outstanding in fiscal year 2024. This represents a decrease of 93.1% from the prior year.

Margins & Returns

Gross Margin

67.4%

YoY-19.5pp

SIGNING DAY SPORTS INC's gross margin was 67.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 19.5 percentage points from the prior year.

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$16K

YoY+179.8%

SIGNING DAY SPORTS INC invested $16K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 179.8% from the prior year.

SGN Income Statement

Metric	FY24	FY23	FY22
Revenue	$616K+100.1%	$308K+292.6%	$78K
Cost of Revenue	$201K+397.2%	$40K-94.8%	$783K
Gross Profit	$415K+55.2%	$267K+137.9%	-$705K
R&D Expenses	N/A	$264K+1.5%	$260K
SG&A Expenses	N/A	$4.6M	N/A
Operating Income	N/A	-$4.7M	N/A
Interest Expense	$148K-82.7%	$857K	N/A
Income Tax	N/A	N/A	N/A
Net Income	N/A	-$5.5M	N/A
EPS (Diluted)	$-19.86	$-19.85-2355.7%	$0.88

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$31K-54.2%	$67K-55.0%	$148K+23.0%	$121K+117.8%	$55K-73.0%	$205K-12.6%	$235K+187.8%	$82K
Cost of Revenue	$9K+61.3%	$5K-62.5%	$14K-63.7%	$39K+30.0%	$30K-51.3%	$62K-10.0%	$69K+1578.0%	$4K
Gross Profit	$22K-64.3%	$61K-54.2%	$134K+65.0%	$81K+223.7%	$25K-82.4%	$143K-13.8%	$166K+113.9%	$77K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$887K-46.1%	$1.6M+69.5%	$970K	N/A	$1.5M+15.4%	$1.3M-37.9%	$2.0M-22.9%	$2.6M
Operating Income	-$869K+45.1%	-$1.6M-89.3%	-$836K	N/A	-$1.4M-27.6%	-$1.1M+42.8%	-$2.0M+29.5%	-$2.8M
Interest Expense	N/A	N/A	$21K+140.4%	-$52K-143.0%	$121K+193.4%	$41K+8.1%	$38K-57.5%	$90K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$566K+58.6%	-$1.4M-62.1%	-$843K	N/A	-$1.6M-22.0%	-$1.3M+47.4%	-$2.5M+10.9%	-$2.8M
EPS (Diluted)	$-0.14+64.1%	$-0.39+11.4%	$-0.44	N/A	$-4.38-3.1%	$-4.25+45.4%	$-7.79	N/A

SGN Balance Sheet

Metric	FY24	FY23	FY22
Total Assets	$1.1M-76.3%	$4.7M+935.9%	$454K
Current Assets	$280K-92.0%	$3.5M+1056.7%	$301K
Cash & Equivalents	$181K-83.9%	$1.1M+341.6%	$254K
Inventory	N/A	N/A	N/A
Accounts Receivable	$75K+27.9%	$59K+275.1%	$16K
Goodwill	N/A	N/A	N/A
Total Liabilities	$3.3M+12.2%	$3.0M-65.4%	$8.6M
Current Liabilities	$3.3M+16.0%	$2.8M+6.7%	$2.6M
Long-Term Debt	N/A	N/A	$5.9M
Total Equity	-$2.2M-226.5%	$1.7M+121.5%	-$8.1M
Retained Earnings	-$25.7M-51.5%	-$17.0M-47.7%	-$11.5M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$1.0M-28.3%	$1.4M+1.9%	$1.4M+25.5%	$1.1M-4.0%	$1.2M-67.5%	$3.6M-9.7%	$4.0M-15.9%	$4.7M
Current Assets	$285K-60.9%	$730K+16.1%	$628K+124.5%	$280K+14.3%	$245K-90.4%	$2.6M-8.5%	$2.8M-19.9%	$3.5M
Cash & Equivalents	$216K-67.2%	$657K+34.7%	$487K+168.9%	$181K+12774.4%	$1K-96.1%	$36K-86.2%	$260K-76.9%	$1.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$15K-35.6%	$23K-18.8%	$29K-61.9%	$75K+217.6%	$24K-45.2%	$43K-62.9%	$116K+98.2%	$59K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.1M+2.5%	$1.1M-44.3%	$1.9M-42.5%	$3.3M+23.8%	$2.7M-40.2%	$4.5M+20.4%	$3.7M+25.9%	$3.0M
Current Liabilities	$1.1M+3.3%	$1.1M-43.8%	$1.9M-42.5%	$3.3M+25.4%	$2.6M-40.6%	$4.4M+21.8%	$3.6M+27.9%	$2.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$68K-118.9%	$361K+170.6%	-$512K+76.8%	-$2.2M-45.0%	-$1.5M-66.1%	-$916K-498.0%	$230K-86.8%	$1.7M
Retained Earnings	-$28.5M-2.0%	-$27.9M-5.2%	-$26.5M-3.3%	-$25.7M-14.8%	-$22.4M-7.7%	-$20.8M-6.7%	-$19.5M-14.7%	-$17.0M

SGN Cash Flow Statement

Metric	FY24	FY23	FY22
Operating Cash Flow	-$3.1M+36.8%	-$4.8M	N/A
Capital Expenditures	$16K+179.8%	$6K	N/A
Free Cash Flow	-$3.1M+36.5%	-$4.9M	N/A
Investing Cash Flow	$2.1M+166.6%	-$3.2M-271.5%	-$855K
Financing Cash Flow	$6K-99.9%	$8.9M+558.5%	$1.4M
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$441K+77.2%	-$1.9M-8.9%	-$1.8M-520.2%	$423K+182.0%	-$515K+54.2%	-$1.1M+39.0%	-$1.8M+44.9%	-$3.4M
Capital Expenditures	N/A	N/A	N/A	-$1-100.0%	$11K	$0-100.0%	$5K	$0
Free Cash Flow	N/A	N/A	N/A	$423K+180.3%	-$526K+53.3%	-$1.1M+39.2%	-$1.9M+44.7%	-$3.4M
Investing Cash Flow	N/A	N/A	N/A	$0-100.0%	$2.1M+8272.0%	$25K+178.4%	-$32K+98.5%	-$2.1M
Financing Cash Flow	$0-100.0%	$2.1M+1.0%	$2.1M+957.7%	-$243K+85.2%	-$1.6M-287.4%	$877K-13.7%	$1.0M-84.5%	$6.6M
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

SGN Financial Ratios

Metric	FY24	FY23	FY22
Gross Margin	67.4%-19.5pp	86.9%+986.5pp	-899.6%
Operating Margin	N/A	-1543.7%	N/A
Net Margin	N/A	-1781.1%	N/A
Return on Equity	N/A	-314.1%	N/A
Return on Assets	N/A	-116.4%	N/A
Current Ratio	0.09-1.2	1.24+1.1	0.11
Debt-to-Equity	-1.51-3.2	1.70+2.4	-0.73
FCF Margin	-500.7%+1077.4pp	-1578.1%	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	71.7%-20.2pp	92.0%+1.6pp	90.4%+23.0pp	67.4%+22.0pp	45.3%-24.3pp	69.7%-0.9pp	70.6%-24.4pp	95.0%
Operating Margin	-2840.2%-470.0pp	-2370.2%-1806.5pp	-563.7%	N/A	-2596.2%-2046.8pp	-549.4%+290.3pp	-839.7%+2588.5pp	-3428.2%
Net Margin	-1852.1%+193.6pp	-2045.8%-1477.5pp	-568.2%	N/A	-2893.7%-2253.2pp	-640.5%+424.1pp	-1064.6%+2372.3pp	-3436.9%
Return on Equity	N/A	-378.5%	N/A	N/A	N/A	N/A	-1085.5%-924.8pp	-160.7%
Return on Assets	-55.4%+40.5pp	-95.9%-35.6pp	-60.3%	N/A	-137.9%-101.2pp	-36.8%+26.4pp	-63.1%-3.6pp	-59.6%
Current Ratio	0.26-0.4	0.69+0.4	0.33+0.2	0.090.0	0.09-0.5	0.58-0.2	0.78-0.5	1.24
Debt-to-Equity	-15.96-18.9	2.95+6.7	-3.73-2.2	-1.51+0.3	-1.76+3.1	-4.90-21.1	16.19+14.5	1.70
FCF Margin	N/A	N/A	N/A	350.4%+1301.1pp	-950.8%-401.3pp	-549.5%+239.9pp	-789.4%+3321.3pp	-4110.6%

Note: Shareholder equity is negative (-$2.2M), 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 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is SIGNING DAY SPORTS INC's annual revenue?

SIGNING DAY SPORTS INC (SGN) reported $616K in total revenue for fiscal year 2024. This represents a 100.1% 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 SIGNING DAY SPORTS INC's revenue growing?

SIGNING DAY SPORTS INC (SGN) revenue grew by 100.1% year-over-year, from $308K to $616K in fiscal year 2024.

What is SIGNING DAY SPORTS INC's gross margin?

SIGNING DAY SPORTS INC (SGN) had a gross margin of 67.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is SIGNING DAY SPORTS INC's free cash flow?

SIGNING DAY SPORTS INC (SGN) generated -$3.1M in free cash flow during fiscal year 2024. This represents a 36.5% 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 SIGNING DAY SPORTS INC's operating cash flow?

SIGNING DAY SPORTS INC (SGN) generated -$3.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are SIGNING DAY SPORTS INC's total assets?

SIGNING DAY SPORTS INC (SGN) had $1.1M in total assets as of fiscal year 2024, including both current and long-term assets.

What are SIGNING DAY SPORTS INC's capital expenditures?

SIGNING DAY SPORTS INC (SGN) invested $16K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does SIGNING DAY SPORTS INC have outstanding?

SIGNING DAY SPORTS INC (SGN) had 909,232 shares outstanding as of fiscal year 2024.

What is SIGNING DAY SPORTS INC's current ratio?

SIGNING DAY SPORTS INC (SGN) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is SIGNING DAY SPORTS INC's debt-to-equity ratio?

SIGNING DAY SPORTS INC (SGN) had a debt-to-equity ratio of -1.51 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SIGNING DAY SPORTS INC's cash runway?

Based on fiscal year 2024 data, SIGNING DAY SPORTS INC (SGN) had $181K in cash against an annual operating cash burn of $3.1M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is SIGNING DAY SPORTS INC's debt-to-equity ratio negative or unusual?

SIGNING DAY SPORTS INC (SGN) has negative shareholder equity of -$2.2M 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.

What is SIGNING DAY SPORTS INC's Piotroski F-Score?

SIGNING DAY SPORTS INC (SGN) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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.

How financially healthy is SIGNING DAY SPORTS INC?

SIGNING DAY SPORTS INC (SGN) scores 28 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.