Sharing Svcs Global Corp Financials
This page shows Sharing Svcs Global Corp (SHRG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
Financial Health Signals
Sharing Svcs Global Corp passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Sharing Svcs Global Corp generates $0.56 in operating cash flow (-$3.7M OCF vs -$6.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Sharing Svcs Global Corp earns $-1.6 in operating income for every $1 of interest expense (-$4.9M vs $3.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Sharing Svcs Global Corp generated $10.9M in revenue in fiscal year 2024. This represents a decrease of 32.4% from the prior year.
Sharing Svcs Global Corp's EBITDA was -$4.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 68.6% from the prior year.
Sharing Svcs Global Corp reported -$6.7M in net income in fiscal year 2024. This represents an increase of 82.2% from the prior year.
Sharing Svcs Global Corp earned $-0.02 per diluted share (EPS) in fiscal year 2024. This represents an increase of 85.7% from the prior year.
Cash & Balance Sheet
Sharing Svcs Global Corp held $894K in cash against $0 in long-term debt as of fiscal year 2024.
Sharing Svcs Global Corp had 269,214 shares outstanding in fiscal year 2024.
Margins & Returns
Sharing Svcs Global Corp's gross margin was 64.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 7.3 percentage points from the prior year.
Sharing Svcs Global Corp's operating margin was -45.0% in fiscal year 2024, reflecting core business profitability. This is up 47.0 percentage points from the prior year.
Sharing Svcs Global Corp's net profit margin was -61.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 172.3 percentage points from the prior year.
Capital Allocation
SHRG Income Statement
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M-6.2% | $2.2M-17.9% | $2.7M-6.2% | $2.9M+19.8% | $2.4M-16.3% | $2.9M-14.5% | $3.4M+3.7% | $3.2M |
| Cost of Revenue | $624K-7.8% | $677K-58.1% | $1.6M+130.3% | $702K+4.8% | $670K-20.8% | $846K-52.6% | $1.8M+8.7% | $1.6M |
| Gross Profit | $1.5M-5.4% | $1.5M+41.7% | $1.1M-50.1% | $2.2M+25.6% | $1.7M-14.4% | $2.0M+28.7% | $1.6M-1.5% | $1.6M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.4M-6.6% | $1.5M+5.6% | $1.5M-25.8% | $2.0M-6.8% | $2.1M-7.5% | $2.3M-30.6% | $3.3M-29.6% | $4.7M |
| Operating Income | -$635K+0.4% | -$637K+53.4% | -$1.4M-85.4% | -$737K+34.2% | -$1.1M+33.2% | -$1.7M+43.8% | -$3.0M+25.5% | -$4.0M |
| Interest Expense | $162K+9.6% | $148K+4.3% | $142K+3.1% | $137K-93.0% | $2.0M+116.7% | $906K-73.8% | $3.5M+3.9% | $3.3M |
| Income Tax | N/A | N/A | N/A | $4K+129.4% | -$12K-200.0% | $12K | N/A | $104K |
| Net Income | -$466K+51.9% | -$969K+50.0% | -$1.9M-116.6% | -$895K+38.5% | -$1.5M+40.0% | -$2.4M+65.0% | -$6.9M+37.2% | -$11.0M |
| EPS (Diluted) | $-1.68 | $-0.00 | N/A | $-0.00+100.0% | $-5.40-53900.0% | $-0.01 | N/A | $-0.04 |
SHRG Balance Sheet
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.3M+0.5% | $6.2M-6.2% | $6.6M-15.2% | $7.8M-8.0% | $8.5M+20.8% | $7.0M-58.8% | $17.1M-30.3% | $24.5M |
| Current Assets | $4.2M+3.0% | $4.1M-7.4% | $4.4M-19.2% | $5.5M-9.3% | $6.0M+36.0% | $4.4M-18.2% | $5.4M-35.3% | $8.4M |
| Cash & Equivalents | $730K+25.7% | $580K-35.1% | $894K+21.2% | $738K-46.7% | $1.4M+1.1% | $1.4M-54.3% | $3.0M-3.8% | $3.1M |
| Inventory | $1.2M+2.4% | $1.2M-9.3% | $1.3M-39.8% | $2.2M-0.5% | $2.2M+49.0% | $1.5M-9.7% | $1.6M-40.0% | $2.7M |
| Accounts Receivable | $295K-1.9% | $301K+7.2% | $281K-43.2% | $494K+13.9% | $434K-18.4% | $532K+94.5% | $274K-84.7% | $1.8M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.5M+5.1% | $10.0M+5.9% | $9.4M+8.9% | $8.6M+2.6% | $8.4M-73.4% | $31.7M-20.5% | $39.8M+24.4% | $32.0M |
| Current Liabilities | $9.4M+9.2% | $8.6M-1.0% | $8.7M+5.4% | $8.2M+2.7% | $8.0M-74.4% | $31.2M-20.7% | $39.4M+24.6% | $31.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$4.2M-12.9% | -$3.7M-34.6% | -$2.8M-238.2% | -$820K-1139.9% | $79K+100.3% | -$24.6M-8.3% | -$22.7M-202.6% | -$7.5M |
| Retained Earnings | -$114.6M-0.4% | -$114.1M-0.9% | -$113.2M-1.7% | -$111.2M-0.8% | -$110.3M-1.3% | -$108.9M-2.3% | -$106.5M-20.1% | -$88.7M |
SHRG Cash Flow Statement
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$421K+48.7% | -$822K-170.3% | -$304K+33.2% | -$455K+61.5% | -$1.2M+34.0% | -$1.8M-896.9% | -$179K+94.7% | -$3.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | -$208K-505.3% | $51K |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$387K+88.8% | -$3.5M |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | $4.7M+18066.7% | -$26K |
| Financing Cash Flow | $585K+17.0% | $500K+5.2% | $475K | $0 | N/A | N/A | -$4.6M-17798.7% | -$26K |
| 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 |
SHRG Financial Ratios
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.1%+0.5pp | 69.5%+29.2pp | 40.3%-35.4pp | 75.7%+3.5pp | 72.2%+1.6pp | 70.6%+23.7pp | 46.9%-2.5pp | 49.4% |
| Operating Margin | -30.4%-1.8pp | -28.7%+21.8pp | -50.5%-25.0pp | -25.5%+21.0pp | -46.5%+11.7pp | -58.2%+30.4pp | -88.6%+34.7pp | -123.4% |
| Net Margin | -22.4%+21.2pp | -43.6%+28.0pp | -71.6%-40.6pp | -31.0%+29.4pp | -60.4%+23.8pp | -84.2%+121.5pp | -205.7%+133.9pp | -339.7% |
| Return on Equity | N/A | N/A | N/A | N/A | -1845.3% | N/A | N/A | N/A |
| Return on Assets | -7.4%+8.1pp | -15.6%+13.7pp | -29.2%-17.8pp | -11.4%+5.7pp | -17.1%+17.3pp | -34.4%+6.1pp | -40.5%+4.5pp | -45.0% |
| Current Ratio | 0.45-0.0 | 0.48-0.0 | 0.51-0.2 | 0.67-0.1 | 0.75+0.6 | 0.140.0 | 0.14-0.1 | 0.27 |
| Debt-to-Equity | -2.48+0.2 | -2.67+0.7 | -3.39+7.1 | -10.54-117.4 | 106.88+108.2 | -1.29+0.5 | -1.75+2.5 | -4.26 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -11.5%+95.1pp | -106.6% |
Note: Shareholder equity is negative (-$2.8M), 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 (0.51), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Sharing Svcs Global Corp's annual revenue?
Sharing Svcs Global Corp (SHRG) reported $10.9M in total revenue for fiscal year 2024. This represents a -32.4% 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 Sharing Svcs Global Corp's revenue growing?
Sharing Svcs Global Corp (SHRG) revenue declined by 32.4% year-over-year, from $16.1M to $10.9M in fiscal year 2024.
Is Sharing Svcs Global Corp profitable?
No, Sharing Svcs Global Corp (SHRG) reported a net income of -$6.7M in fiscal year 2024, with a net profit margin of -61.7%.
What is Sharing Svcs Global Corp's EBITDA?
Sharing Svcs Global Corp (SHRG) had EBITDA of -$4.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sharing Svcs Global Corp's gross margin?
Sharing Svcs Global Corp (SHRG) had a gross margin of 64.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Sharing Svcs Global Corp's operating margin?
Sharing Svcs Global Corp (SHRG) had an operating margin of -45.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Sharing Svcs Global Corp's net profit margin?
Sharing Svcs Global Corp (SHRG) had a net profit margin of -61.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Sharing Svcs Global Corp's operating cash flow?
Sharing Svcs Global Corp (SHRG) generated -$3.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Sharing Svcs Global Corp's total assets?
Sharing Svcs Global Corp (SHRG) had $6.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Sharing Svcs Global Corp's current ratio?
Sharing Svcs Global Corp (SHRG) had a current ratio of 0.51 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Sharing Svcs Global Corp's debt-to-equity ratio?
Sharing Svcs Global Corp (SHRG) had a debt-to-equity ratio of -3.39 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sharing Svcs Global Corp's return on assets (ROA)?
Sharing Svcs Global Corp (SHRG) had a return on assets of -101.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Sharing Svcs Global Corp's cash runway?
Based on fiscal year 2024 data, Sharing Svcs Global Corp (SHRG) had $894K in cash against an annual operating cash burn of $3.7M. This gives an estimated cash runway of approximately 3 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 Sharing Svcs Global Corp's debt-to-equity ratio negative or unusual?
Sharing Svcs Global Corp (SHRG) has negative shareholder equity of -$2.8M 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 Sharing Svcs Global Corp's Piotroski F-Score?
Sharing Svcs Global Corp (SHRG) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sharing Svcs Global Corp's earnings high quality?
Sharing Svcs Global Corp (SHRG) has an earnings quality ratio of 0.56x, considered low quality (accrual-driven). 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 Sharing Svcs Global Corp cover its interest payments?
Sharing Svcs Global Corp (SHRG) has an interest coverage ratio of -1.6x, meaning it can struggle to cover its interest obligations. 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.