SPECIFICITY INC Financials
This page shows SPECIFICITY INC (SPTY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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
SPECIFICITY INC passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, SPECIFICITY INC generates $0.59 in operating cash flow (-$362K OCF vs -$615K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
SPECIFICITY INC earns $-26.7 in operating income for every $1 of interest expense (-$506K vs $19K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
SPECIFICITY INC generated $991K in revenue in fiscal year 2024. This represents a decrease of 9.6% from the prior year.
SPECIFICITY INC's EBITDA was -$495K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 31.9% from the prior year.
SPECIFICITY INC reported -$615K in net income in fiscal year 2024. This represents an increase of 42.5% from the prior year.
SPECIFICITY INC earned $-0.05 per diluted share (EPS) in fiscal year 2024. This represents an increase of 50.0% from the prior year.
SPECIFICITY INC held $3K in cash against $0 in long-term debt as of fiscal year 2024.
SPECIFICITY INC had 14M shares outstanding in fiscal year 2024. This represents an increase of 20.7% from the prior year.
SPECIFICITY INC's gross margin was 47.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 2.7 percentage points from the prior year.
SPECIFICITY INC's operating margin was -51.0% in fiscal year 2024, reflecting core business profitability. This is up 19.6 percentage points from the prior year.
SPECIFICITY INC's net profit margin was -62.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 35.5 percentage points from the prior year.
SPTY Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $260K-2.3% | $266K-10.7% | $298K+107.1% | $144K-38.7% | $235K-41.2% | $399K+20.4% | $331K+22.3% | $271K |
| Cost of Revenue | $149K-4.0% | $155K+0.1% | $155K+32.7% | $117K-9.0% | $128K+11.8% | $115K-32.0% | $169K+215.8% | $53K |
| Gross Profit | $111K-0.1% | $111K-22.3% | $143K+424.9% | $27K-74.4% | $107K-62.5% | $284K+74.6% | $163K-25.2% | $218K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $106K-24.4% | $140K-31.6% | $204K-5.1% | $215K+96.8% | $109K-46.3% | $204K+45.2% | $140K-24.4% | $185K |
| Operating Income | -$52K+23.5% | -$67K+47.3% | -$128K+56.5% | -$293K-714.1% | -$36K-201.3% | $36K+114.9% | -$239K-668.3% | -$31K |
| Interest Expense | $5K | N/A | N/A | N/A | N/A | $19K-85.7% | $132K+531.8% | $21K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$69K+14.1% | -$80K+43.1% | -$140K+54.2% | -$306K-530.2% | -$49K-33.1% | -$36K+91.6% | -$434K-572.2% | -$65K |
| EPS (Diluted) | $-0.010.0% | $-0.010.0% | $-0.01+66.7% | $-0.03 | $0.00 | $0.00+100.0% | $-0.04-300.0% | $-0.01 |
SPTY Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.6M+0.9% | $1.6M+0.5% | $1.6M+0.5% | $1.6M+7779.6% | $20K+1.5% | $20K-78.1% | $89K-52.1% | $186K |
| Current Assets | $38K+59.8% | $24K+54.9% | $15K+111.5% | $7K-36.4% | $11K+20.1% | $9K-83.2% | $57K-37.4% | $90K |
| Cash & Equivalents | $30K+305.8% | $8K | N/A | $3K-52.6% | $7K+411.5% | $1K-97.1% | $49K+824.4% | $5K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | $4K-94.7% | $76K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.3M-2.1% | $2.3M+2.6% | $2.3M+4.0% | $2.2M+14.8% | $1.9M+1.4% | $1.9M-5.3% | $2.0M+2.4% | $1.9M |
| Current Liabilities | $1.3M-3.7% | $1.3M+4.7% | $1.3M+7.4% | $1.2M+31.4% | $898K+3.0% | $871K-10.8% | $977K+11.7% | $874K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$688K+8.3% | -$750K-7.3% | -$699K-12.8% | -$620K+67.0% | -$1.9M-1.4% | -$1.9M+1.9% | -$1.9M-8.2% | -$1.7M |
| Retained Earnings | -$8.4M-0.8% | -$8.3M-1.0% | -$8.2M-1.7% | -$8.1M-7.0% | -$7.6M-0.6% | -$7.5M-0.5% | -$7.5M+2.7% | -$7.7M |
SPTY Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4K-302.1% | $2K-82.8% | $13K+106.1% | -$211K-5222.4% | $4K+112.2% | -$34K+81.5% | -$182K-644.6% | $33K |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $27K+416.7% | $5K+132.8% | -$16K-109.2% | $176K+10474.5% | $2K+111.9% | -$14K-106.2% | $227K+703.1% | -$38K |
| 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 |
SPTY Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 42.8%+1.0pp | 41.8%-6.3pp | 48.1%+29.1pp | 19.0%-26.4pp | 45.4%-25.9pp | 71.3%+22.1pp | 49.1%-31.2pp | 80.3% |
| Operating Margin | -19.8%+5.5pp | -25.3%+17.6pp | -42.9%+161.1pp | -203.9%-188.6pp | -15.4%-24.3pp | 8.9%+81.2pp | -72.3%-60.8pp | -11.5% |
| Net Margin | -26.3%+3.6pp | -30.0%+17.1pp | -47.0%+165.6pp | -212.6%-191.9pp | -20.7%-11.5pp | -9.2%+121.9pp | -131.0%-107.2pp | -23.8% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -4.3%+0.8pp | -5.1%+3.9pp | -8.9%+10.7pp | -19.6%+225.7pp | -245.3%-58.3pp | -187.1%+300.0pp | -487.1%-452.4pp | -34.7% |
| Current Ratio | 0.03+0.0 | 0.020.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.01-0.0 | 0.06-0.0 | 0.10 |
| Debt-to-Equity | -3.31-0.2 | -3.10+0.1 | -3.24+0.3 | -3.52-2.5 | -1.010.0 | -1.01+0.0 | -1.05+0.1 | -1.11 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$620K), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is SPECIFICITY INC's annual revenue?
SPECIFICITY INC (SPTY) reported $991K in total revenue for fiscal year 2024. This represents a -9.6% 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 SPECIFICITY INC's revenue growing?
SPECIFICITY INC (SPTY) revenue declined by 9.6% year-over-year, from $1.1M to $991K in fiscal year 2024.
Is SPECIFICITY INC profitable?
No, SPECIFICITY INC (SPTY) reported a net income of -$615K in fiscal year 2024, with a net profit margin of -62.1%.
What is SPECIFICITY INC's earnings per share (EPS)?
SPECIFICITY INC (SPTY) reported diluted earnings per share of $-0.05 for fiscal year 2024. This represents a 50.0% 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.
What is SPECIFICITY INC's EBITDA?
SPECIFICITY INC (SPTY) had EBITDA of -$495K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is SPECIFICITY INC's gross margin?
SPECIFICITY INC (SPTY) had a gross margin of 47.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is SPECIFICITY INC's operating margin?
SPECIFICITY INC (SPTY) had an operating margin of -51.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is SPECIFICITY INC's net profit margin?
SPECIFICITY INC (SPTY) had a net profit margin of -62.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is SPECIFICITY INC's operating cash flow?
SPECIFICITY INC (SPTY) generated -$362K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are SPECIFICITY INC's total assets?
SPECIFICITY INC (SPTY) had $1.6M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does SPECIFICITY INC have outstanding?
SPECIFICITY INC (SPTY) had 14M shares outstanding as of fiscal year 2024.
What is SPECIFICITY INC's current ratio?
SPECIFICITY INC (SPTY) had a current ratio of 0.01 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is SPECIFICITY INC's debt-to-equity ratio?
SPECIFICITY INC (SPTY) had a debt-to-equity ratio of -3.52 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is SPECIFICITY INC's return on assets (ROA)?
SPECIFICITY INC (SPTY) had a return on assets of -39.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is SPECIFICITY INC's cash runway?
Based on fiscal year 2024 data, SPECIFICITY INC (SPTY) had $3K in cash against an annual operating cash burn of $362K. 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 SPECIFICITY INC's debt-to-equity ratio negative or unusual?
SPECIFICITY INC (SPTY) has negative shareholder equity of -$620K 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 SPECIFICITY INC's Piotroski F-Score?
SPECIFICITY INC (SPTY) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SPECIFICITY INC's earnings high quality?
SPECIFICITY INC (SPTY) has an earnings quality ratio of 0.59x, 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 SPECIFICITY INC cover its interest payments?
SPECIFICITY INC (SPTY) has an interest coverage ratio of -26.7x, 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.