Sanwire Corp Financials
Financial Health Signals
Sanwire Corp passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Sanwire Corp generates $0.13 in operating cash flow (-$61K OCF vs -$464K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Sanwire Corp (SNWR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
Key Financial Metrics
Sanwire Corp reported -$464K in net income in fiscal year 2012. This represents a decrease of 144.8% from the prior year.
Sanwire Corp held $1K in cash against $0 in long-term debt as of fiscal year 2012.
Sanwire Corp had 1M shares outstanding in fiscal year 2012. This represents an increase of 21.0% from the prior year.
SNWR Income Statement
| Metric | Q3'13 | Q2'13 | Q1'13 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $137K+16.4% | $118K | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | $125K+11.1% | $113K | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $12K+132.4% | $5K | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.1M+145.3% | $439K+1301.8% | $31K+223.0% | $10K-85.5% | $67K+228.3% | $20K | N/A | $28K |
| Operating Income | -$1.1M-145.1% | -$435K+95.6% | -$10.0M-102975.7% | -$10K+90.6% | -$103K-404.6% | -$20K | N/A | N/A |
| Interest Expense | $50K+247.9% | $14K-1.2% | $15K-21.7% | $19K+3.9% | $18K-0.2% | $18K | N/A | -$13K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.4M-137.3% | -$604K+94.0% | -$10.0M-2322.7% | -$413K-241.5% | -$121K-214.3% | -$39K | N/A | -$77K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SNWR Balance Sheet
| Metric | Q3'13 | Q2'13 | Q1'13 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.6M+9.0% | $1.5M+4800.9% | $31K+2692.4% | $1K | N/A | N/A | $79K+0.7% | $79K |
| Current Assets | $250K+119.4% | $114K+32991.0% | $344-68.6% | $1K | N/A | N/A | $1K+86.2% | $632 |
| Cash & Equivalents | $3K+14.1% | $2K+601.5% | $344-68.6% | $1K-82.0% | $6K+671.7% | $787-30.7% | $1K+92.2% | $591 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $219K+164.6% | $83K | N/A | N/A | N/A | N/A | $410.0% | $41 |
| Goodwill | $1.4M0.0% | $1.4M | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.6M+11.4% | $9.5M-16.4% | $11.4M+728.6% | $1.4M | N/A | N/A | $1.1M+11.8% | $961K |
| Current Liabilities | $2.3M+33.8% | $1.7M | N/A | $1.4M | N/A | N/A | N/A | $864K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $97K |
| Total Equity | -$9.0M-11.8% | -$8.0M+29.4% | -$11.3M-727.1% | -$1.4M | N/A | N/A | -$995K-12.8% | -$882K |
| Retained Earnings | -$22.9M-6.7% | -$21.5M-2.9% | -$20.9M-92.4% | -$10.8M | N/A | N/A | -$10.4M-1.1% | -$10.3M |
SNWR Cash Flow Statement
| Metric | Q3'13 | Q2'13 | Q1'13 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$322K-1331.7% | -$22K-57.3% | -$14K+58.7% | -$35K-83.1% | -$19K-100.1% | -$9K | N/A | -$365 |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $11K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $312K+1411.0% | $21K+52.3% | $14K-53.8% | $29K+21.2% | $24K+136.6% | $10K | N/A | N/A |
| 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 |
SNWR Financial Ratios
| Metric | Q3'13 | Q2'13 | Q1'13 | Q3'12 | Q2'12 | Q1'12 | Q4'11 | Q1'11 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 8.7%+4.3pp | 4.3% | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -778.2%-408.7pp | -369.5% | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -1045.3%-532.7pp | -512.5% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -87.8%-47.5pp | -40.3%+32746.7pp | -32787.0% | N/A | N/A | N/A | N/A | -97.9% |
| Current Ratio | 0.11+0.0 | 0.07 | N/A | 0.00 | N/A | N/A | N/A | 0.00 |
| Debt-to-Equity | -1.180.0 | -1.19-0.2 | -1.000.0 | -1.00 | N/A | N/A | -1.08-1.0 | -0.11 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$1.4M), 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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Sanwire Corp profitable?
No, Sanwire Corp (SNWR) reported a net income of -$464K in fiscal year 2012.
What is Sanwire Corp's operating cash flow?
Sanwire Corp (SNWR) generated -$61K in operating cash flow during fiscal year 2012, representing cash generated from core business activities.
What are Sanwire Corp's total assets?
Sanwire Corp (SNWR) had $1K in total assets as of fiscal year 2012, including both current and long-term assets.
How many shares does Sanwire Corp have outstanding?
Sanwire Corp (SNWR) had 1M shares outstanding as of fiscal year 2012.
What is Sanwire Corp's current ratio?
Sanwire Corp (SNWR) had a current ratio of 0.00 as of fiscal year 2012, which is below 1.0, which may suggest potential liquidity concerns.
What is Sanwire Corp's debt-to-equity ratio?
Sanwire Corp (SNWR) had a debt-to-equity ratio of -1.00 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sanwire Corp's return on assets (ROA)?
Sanwire Corp (SNWR) had a return on assets of -42452.4% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.
What is Sanwire Corp's cash runway?
Based on fiscal year 2012 data, Sanwire Corp (SNWR) had $1K in cash against an annual operating cash burn of $61K. This gives an estimated cash runway of approximately 0 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 Sanwire Corp's debt-to-equity ratio negative or unusual?
Sanwire Corp (SNWR) has negative shareholder equity of -$1.4M as of fiscal year 2012, 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 Sanwire Corp's Piotroski F-Score?
Sanwire Corp (SNWR) has a Piotroski F-Score of 1 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sanwire Corp's earnings high quality?
Sanwire Corp (SNWR) has an earnings quality ratio of 0.13x, 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.