What is Sustainable Projs Group Inc's earnings per share (EPS)?

Sustainable Projs Group Inc (SPGX) reported diluted earnings per share of -$0.01 for fiscal year 2023. This represents a 99.8% change compared to the previous fiscal year. 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.

Sustainable Projs Group Inc Financials

SPGX

FY2023 annual

Revenue $251K YoY not available

Net Income -$2.7M YoY not available

EPS (Diluted) -$0.01 +99.8% YoY

Free Cash Flow Not reported for FY2023

Source SEC Filings (10-K/10-Q) Data as of Sep 30, 2024 Currency USD FYE December

Sustainable Projs Group Inc (SPGX) reported $251K in revenue for fiscal year 2023. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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 SPGX FY2023 2026-08-15

FY2023 shows a company kept alive by external financing more than by operating revenue or internal cash generation.

Financing cash inflow of $2.39M more than covered operating cash outflow of -$1.33M, which is why the company could exit with more cash despite ongoing losses. That balance-sheet repair looks externally funded, not earned, because share dilution pushed outstanding shares from 8.1M to 292.7M.

Liquidity improved sharply as cash climbed from $9.4K to $847.7K. Yet the current ratio was still only 0.9x, so near-term obligations still exceeded near-term resources; the business bought time, but not self-sufficiency.

Scale is still the core operating issue: revenue was only $251K against an asset base of $3.07M, so the balance sheet is large relative to customer activity. Operating cash outflow ran about 5.3x revenue, and because it was smaller than the net loss, part of the reported loss appears to be non-cash rather than immediate spending.

Financial Health Signals

Financial health score not available

Sustainable Projs Group Inc 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.

Altman Z-Score Distress

-4.72

Sustainable Projs Group Inc scores -4.72, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($184K) relative to total liabilities ($3.0M). 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.

Earnings Quality No Cash Backing

N/A

Sustainable Projs Group Inc reported a net loss of $2.7M while operations used $1.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Sustainable Projs Group Inc reported an operating loss of $3.0M against $1K 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

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Earnings & Revenue

Revenue

$251K

Sustainable Projs Group Inc generated $251K in revenue in fiscal year 2023.

EBITDA

-$3.0M

Sustainable Projs Group Inc's EBITDA was -$3.0M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

Net Income

-$2.7M

Sustainable Projs Group Inc reported -$2.7M in net income in fiscal year 2023.

EPS (Diluted)

-$0.01

YoY+99.8%

Sustainable Projs Group Inc earned -$0.01 per diluted share (EPS) in fiscal year 2023. This represents an increase of 99.8% from the prior year.

Cash & Balance Sheet

Cash & Debt

$848K

YoY+8954.0%

5Y CAGR+27.7%

10Y CAGR+70.5%

Sustainable Projs Group Inc held $848K in cash as of fiscal year 2023; long-term debt is not reported for that period.

Shares Outstanding

293M

Sustainable Projs Group Inc had 293M shares outstanding in fiscal year 2023.

Free Cash Flow

Not reported for fiscal year 2023.

Dividends Per Share

Not reported for fiscal year 2023.

Margins & Returns

Return on Equity

-4666.1%

Sustainable Projs Group Inc's ROE was -4666.1% in fiscal year 2023, measuring profit generated per dollar of shareholder equity.

Gross Margin

Not reported for fiscal year 2023.

Operating Margin

Not shown for fiscal year 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for fiscal year 2023: 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 2023.

SPGX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SPGX annual income statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	N/A	$251K	N/A	$233-94.9%	$5K-95.7%	$106K-66.3%	$314K	$65K+1200.0%	$5K	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	$74-98.3%	$4K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	$159-45.4%	$291-99.7%	$106K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$57K+2518.3%	$2K	N/A	$41K-77.7%	$186K+4.9%	$177K	N/A	$29K+112.0%	$14K	N/A	N/A	$22K	N/A	$21K
Operating Income	N/A	-$3.0M	N/A	-$380K+15.5%	-$450K+58.3%	-$1.1M-200.2%	-$359K	-$1.1M-1181.4%	-$87K-185.7%	-$30K	N/A	N/A	-$22K	N/A	N/A
Interest Expense	N/A	$1K-90.1%	$13K+107.9%	$6K+165.9%	$2K+34.6%	$2K	N/A	$3K-81.2%	$14K+22.1%	$12K+19.7%	$10K+31.2%	$8K+147.5%	$3K+85.6%	$2K+679.1%	$211
Net Income	N/A	-$2.7M	N/A	-$403K+19.4%	-$500K+35.2%	-$771K-1.8%	-$758K	-$1.4M-1297.9%	-$101K-139.8%	-$42K	N/A	N/A	-$25K	N/A	-$22K
EPS (Diluted)	—	-$0.01+99.8%	-$4.55-9187.8%	-$0.05	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	$22K	N/A
R&D Expenses	$24K+11416.9%	$207-97.3%	$8K	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$39K+57.2%	$25K-75.4%	$101K	N/A	$67K+134.3%	$28K+48.9%	$19K	N/A
Operating Income	-$1.0M-55.0%	-$659K+31.3%	-$959K	N/A	-$921K-9.7%	-$840K-102.4%	-$415K	N/A
Interest Expense	-$820-1.2%	-$8100.0%	-$810	N/A	$883-9.5%	$976+179.5%	-$1K	N/A
Net Income	-$933K-61.5%	-$577K+33.8%	-$873K	N/A	-$844K-9.5%	-$771K-96.6%	-$392K	N/A
EPS (Diluted)	$0.00-100.0%	$0.00+33.3%	$0.00	N/A	$0.000.0%	$0.00	$0.00	N/A

Not reported in any period shown, so not listed: R&D Expenses, Income Tax.

TTM is the trailing twelve months, Q4 FY2023 through Q3 FY2024, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

SPGX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SPGX annual balance sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$3.1M+7162.1%	$42K-63.4%	$116K-67.5%	$355K-69.8%	$1.2M-46.3%	$2.2M	$5.1M+31.4%	$3.9M	$0-100.0%	$4K-3.8%	$4K-44.0%	$8K+240.8%	$2K-57.9%	$5K
Current Assets	$1.2M+2847.3%	$42K-62.7%	$113K+51.2%	$75K-72.9%	$276K-69.0%	$891K	$1.1M+550.7%	$168K	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$848K+8954.0%	$9K-83.3%	$56K+4324.6%	$1K-96.7%	$39K-84.4%	$250K	$1K-99.1%	$161K0.0%	$161K+4207.5%	-$4K-196.0%	$4K-47.5%	$8K+240.8%	$2K-57.9%	$5K
Inventory	N/A	$4K0.0%	$4K-93.9%	$65K+4.7%	$62K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	$157K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.0M+1042.1%	$264K+141.1%	$109K-63.6%	$300K-7.3%	$324K+109.4%	-$3.4M	$117K-69.4%	$382K+80.0%	$212K+21.9%	$174K+23.6%	$141K+70.6%	$83K+57.8%	$52K+88.0%	$28K
Current Liabilities	$1.5M+450.4%	$264K	N/A	$230K-3.9%	$239K+11.2%	$215K	$117K-69.4%	$382K	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$59K+126.6%	-$221K-3671.6%	$6K-88.7%	$55K-93.5%	$852K-84.8%	$5.6M	$5.1M+42.9%	$3.5M+1767.3%	-$212K-24.9%	-$170K-24.5%	-$136K-82.5%	-$75K-49.4%	-$50K-123.4%	-$22K
Retained Earnings	-$3.4M-1397.1%	-$224K+93.6%	-$3.5M-12.8%	-$3.1M-7.7%	-$2.9M-36.6%	-$2.1M	-$1.7M-428.6%	-$330K-44.2%	-$229K-22.6%	-$187K-221.7%	$153K+76.8%	$87K	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$2.6M+31.6%	$1.9M-18.8%	$2.4M-22.0%	$3.1M+0.5%	$3.1M+6.0%	$2.9M+1850.5%	$148K+249.2%	$42K
Current Assets	$904K+221.4%	$281K-57.1%	$655K-47.4%	$1.2M+0.4%	$1.2M+29.3%	$960K+855.0%	$101K+137.8%	$42K
Cash & Equivalents	$602K+320185.1%	$188-100.0%	$400K-52.8%	$848K-16.9%	$1.0M+62.1%	$630K+937.1%	$61K+548.3%	$9K
Inventory	N/A	N/A	N/A	N/A	N/A	$4K0.0%	$4K0.0%	$4K
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	$47-99.4%	$8K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	$157K	N/A	N/A
Total Liabilities	$3.5M+12.7%	$3.1M+3.7%	$3.0M-0.1%	$3.0M-1.6%	$3.1M-5.1%	$3.2M+184.8%	$1.1M+329.6%	$264K
Current Liabilities	$2.1M+23.1%	$1.7M+10.9%	$1.5M+5.5%	$1.5M-4.6%	$1.5M-4.2%	$1.6M+47.7%	$1.1M+307.9%	$264K
Total Equity	-$957K+18.6%	-$1.2M-91.5%	-$614K-1142.1%	$59K+888.8%	-$7K+97.8%	-$346K+64.8%	-$985K-345.0%	-$221K
Retained Earnings	-$5.7M-19.4%	-$4.8M-13.6%	-$4.2M-26.0%	-$3.4M-28.3%	-$2.6M-47.5%	-$1.8M-76.8%	-$1.0M-347.3%	-$224K

Not reported in any period shown, so not listed: Accounts Receivable, Long-Term Debt.

SPGX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SPGX annual cash flow statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	-$1.3M	-$1.3M-56000.4%	-$2K+94.8%	-$45K+31.8%	-$66K+75.6%	-$272K+60.0%	-$682K	-$303K-689.1%	-$38K-60.5%	-$24K-18.6%	-$20K	N/A	-$21K	N/A	-$19K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$2K-99.7%	$731K	$259K	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	-$274K+80.6%	-$1.4M	-$562K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$46K	-$179K-1675.3%	-$10K	N/A	-$1K+35.6%	-$2K+99.6%	-$466K	-$453K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$1.1M	$2.4M+9446.3%	$25K-75.0%	$100K	N/A	$94K-93.1%	$1.4M	$596K+198.9%	$199K+897.5%	$20K0.0%	$20K	N/A	$27K	N/A	$12K

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	$14K+104.3%	-$328K+15.7%	-$389K+38.4%	-$632K-14.2%	-$553K-2.5%	-$540K-237.2%	$393K+10903.9%	$4K
Capital Expenditures	N/A	N/A	$2K	N/A	N/A	N/A	$12K	N/A
Free Cash Flow	N/A	N/A	-$391K	N/A	N/A	N/A	$382K	N/A
Investing Cash Flow	-$1K+46.2%	-$2K+92.3%	-$26K-51.9%	-$17K+2.5%	-$17K+82.2%	-$97K-105.7%	-$47K	N/A
Financing Cash Flow	$702K+925.9%	-$85K+1.0%	-$86K-116.2%	$528K-43.5%	$936K-22.2%	$1.2M+529.4%	-$280K	$0

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SPGX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

SPGX annual financial ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	N/A	N/A	68.2%+61.9pp	6.4%-93.6pp	100.0%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-1193.9%	N/A	-163221.0%	-9851.8%	-1019.9%	-114.6%	-1711.3%	-1736.1%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-1094.4%	N/A	-172884.5%	-10937.0%	-729.6%	-241.8%	-2178.3%	-2025.7%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-4666.1%	N/A	-6500.3%-5592.8pp	-907.5%-816.9pp	-90.6%-77.1pp	-13.5%	-28.0%-25.2pp	-2.9%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-89.5%	N/A	-348.7%-208.0pp	-140.7%-75.0pp	-65.6%-31.0pp	-34.6%	-27.5%-24.9pp	-2.6%	N/A	N/A	N/A	-317.6%	N/A	-395.9%
Current Ratio	0.86+0.7x	0.16	N/A	0.33-0.8x	1.15-3.0x	4.14	9.37+8.9x	0.44	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	51.12	N/A	17.64+12.2x	5.45+5.1x	0.38	N/A	0.02-0.1x	0.11	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	-259.6%	-450.7%	-864.6%	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	-1922.8%	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	-1817.2%	N/A
Return on Assets	-36.5%-6.8pp	-29.7%+6.8pp	-36.5%	N/A	-27.6%-0.9pp	-26.8%+238.8pp	-265.6%	N/A
Current Ratio	0.43+0.3x	0.17-0.3x	0.43-0.4x	0.860.0x	0.82+0.2x	0.60+0.5x	0.09-0.1x	0.16
Debt-to-Equity	N/A	N/A	N/A	51.12	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	1768.9%	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, FCF Margin.

Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Where Sustainable Projs Group Inc Ranks

Frequently Asked Questions

What is Sustainable Projs Group Inc's annual revenue?

Sustainable Projs Group Inc (SPGX) reported $251K in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Sustainable Projs Group Inc profitable?

No, Sustainable Projs Group Inc (SPGX) reported a net income of -$2.7M in fiscal year 2023.

What is Sustainable Projs Group Inc's EBITDA?

Sustainable Projs Group Inc (SPGX) had EBITDA of -$3.0M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

What is Sustainable Projs Group Inc's return on equity (ROE)?

Sustainable Projs Group Inc (SPGX) has a return on equity of -4666.1% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

What is Sustainable Projs Group Inc's operating cash flow?

Sustainable Projs Group Inc (SPGX) recorded an outflow of $1.3M in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are Sustainable Projs Group Inc's total assets?

Sustainable Projs Group Inc (SPGX) had $3.1M in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Sustainable Projs Group Inc have outstanding?

Sustainable Projs Group Inc (SPGX) had 293M shares outstanding as of fiscal year 2023.

What is Sustainable Projs Group Inc's current ratio?

Sustainable Projs Group Inc (SPGX) had a current ratio of 0.86 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Sustainable Projs Group Inc's debt-to-equity ratio?

Sustainable Projs Group Inc (SPGX) had a debt-to-equity ratio of 51.12 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sustainable Projs Group Inc's return on assets (ROA)?

Sustainable Projs Group Inc (SPGX) had a return on assets of -89.5% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is Sustainable Projs Group Inc's cash runway?

Based on fiscal year 2023 data, Sustainable Projs Group Inc (SPGX) had $848K in cash against an annual operating cash burn of $1.3M. This gives an estimated cash runway of approximately 8 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.

What is Sustainable Projs Group Inc's Altman Z-Score?

Sustainable Projs Group Inc (SPGX) has an Altman Z-Score of -4.72, 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.

Are Sustainable Projs Group Inc's earnings high quality?

Sustainable Projs Group Inc (SPGX) reported a net loss of $2.7M while operations used $1.3M 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 Sustainable Projs Group Inc cover its interest payments?

Sustainable Projs Group Inc (SPGX) reported an operating loss of $3.0M against $1K 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.