Circle8 Group, Inc. (SQLLW) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed Jun 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SQLLW SEC filings page.
Circle8 Group, Inc. (SQLLW) reported $583.0M in revenue over the twelve months to Mar 31, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
Flat sales are being overwhelmed by operating overhead, while financing inflows help bridge recurring cash outflows.
In FY2025, gross profit held at$46.0M while SG&A reached$91.3M , showing that pressure came from overhead rather than a collapse in gross economics. That imbalance pushed operating margin from-4.9% in FY2024 to-11.5% in FY2025, a cost-structure deterioration despite broadly stable gross margin.
The earnings-quality gap is striking: net loss was
The balance sheet is structurally tight: equity was negative at
Financial Health Signals
Circle8 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.
Circle8 Group, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Circle8 Group, Inc. reported a net loss of $59.4M while operations used $4.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Circle8 Group, Inc. reported an operating loss of $50.2M against $9.2M 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
Earnings & Revenue
Circle8 Group, Inc. generated $249.9M in revenue in Q1 2026. This represents an increase of 143.1% from the same quarter a year earlier. Against the prior quarter it is up 108.2%.
Circle8 Group, Inc.'s EBITDA was -$10.6M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 28.7% from the same quarter a year earlier. Against the prior quarter it is up 52.3%.
Circle8 Group, Inc. reported -$30.7M in net income in Q1 2026. This represents a decrease of 186.2% from the same quarter a year earlier. Against the prior quarter it is down 13.3%.
Circle8 Group, Inc. earned -$0.44 per diluted share (EPS) in Q1 2026. This represents a decrease of 120.0% from the same quarter a year earlier.
Cash & Balance Sheet
Circle8 Group, Inc. recorded an outflow of $9.9M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 168.2% from the same quarter a year earlier. Against the prior quarter it is down 21.1%.
Circle8 Group, Inc. held $24.1M in cash against $44.7M in long-term debt as of Q1 2026, with $836.2M of liabilities due within a year.
Not reported for Q1 2026.
Margins & Returns
Circle8 Group, Inc.'s gross margin was 8.6% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 2.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Circle8 Group, Inc.'s operating margin was -6.0% in Q1 2026, reflecting core business profitability. This is up 3.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 13.5 percentage points.
Circle8 Group, Inc.'s net profit margin was -12.3% in Q1 2026, showing the share of revenue converted to profit. This is down 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.3 percentage points.
Circle8 Group, Inc.'s ROE was -72.5% in Q1 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Circle8 Group, Inc. invested $41K in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 235.9% from the same quarter a year earlier. Against the prior quarter it is up 82.2%.
Not reported for Q1 2026.
Not reported for Q1 2026.
SQLLW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25 | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $249.9M+143.1% | $120.0M | $110.1M+2.2% | $102.9M-1.7% | $102.8M | N/A | $107.8M | $104.6M |
| Cost of Revenue | $228.5M+149.3% | $109.1M | $97.7M+1.9% | $91.5M-1.8% | $91.6M | N/A | $95.9M | $93.1M |
| Gross Profit | $21.4M+91.5% | $11.0M | $12.4M+4.3% | $11.4M-0.6% | $11.2M+6.9% | N/A | $11.9M+2.4% | $11.5M+5.0% |
| SG&A Expenses | $32.0M+64.9% | $33.1M | $19.9M+16.0% | $18.9M+1.7% | $19.4M+87.6% | N/A | $17.2M+65.4% | $18.6M+65.8% |
| Operating Income | -$14.9M-57.7% | -$23.4M | -$8.7M-33.9% | -$8.7M-4.5% | -$9.4M-732.4% | N/A | -$6.5M-1610.6% | -$8.3M-651.3% |
| EBITDA | -$10.6M-28.7% | -$22.2M | -$7.5M-42.2% | -$7.5M-5.5% | -$8.2M-6705.4% | N/A | -$5.3M-696.3% | -$7.1M-4793.6% |
| Interest Expense | $3.6M+176.7% | $3.8M | $2.1M+42.2% | $2.0M-49.4% | $1.3M-74.4% | N/A | $1.5M+6492.5% | $4.0M+17407.1% |
| Income Tax | -$73K-861.0% | $6K | $9K+100.7% | $10K+100.1% | $10K+100.7% | N/A | -$1.2M+9.4% | -$17.2M-1030.5% |
| Net Income | -$30.7M-186.2% | -$27.1M | -$10.8M-53.5% | -$10.7M+80.5% | -$10.7M-120.8% | N/A | -$7.0M-79.8% | -$54.9M-1418.5% |
| EPS (Basic) | -$0.44-120.0% | N/A | -$0.20-25.0% | -$0.20+89.8% | -$0.20-5.3% | N/A | -$0.16-6.7% | -$1.96-1300.0% |
| EPS (Diluted) | -$0.44-120.0% | N/A | -$0.20-25.0% | -$0.20 | -$0.20 | N/A | -$0.16 | -$1.96 |
| Diluted Shares (Avg) | 74M+37.1% | N/A | 55M+23.3% | 55M | 54M | N/A | 45M | 28M |
Not reported in any period shown, so not listed: R&D Expenses.
SQLLW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25 | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $981.0M+821.4% | $113.2M-5.4% | $110.3M-18.7% | $106.8M-20.4% | $106.5M+3073.9% | $119.8M-5.5% | $135.6M+2362.7% | $134.2M+1909.8% |
| Current Assets | $327.9M+351.2% | $81.2M-4.5% | $71.7M-3.7% | $68.1M-6.3% | $72.7M+4112.8% | $85.0M+7.9% | $74.5M+1896.8% | $72.7M+1406.1% |
| Cash & Equivalents | $24.1M+1543.9% | $81K-88.0% | $83K-94.0% | $375K-14.7% | $1.5M-13.2% | $679K-49.8% | $1.4M-62.5% | $439K-25.8% |
| Accounts Receivable | $183.1M+297.1% | $65.8M+2.6% | $47.5M-2.8% | $46.7M-7.4% | $46.1M+1693126.4% | $64.1M+8.9% | $48.8M+1792542.0% | $50.4M+1852225.2% |
| Goodwill | $448.7M | $0 | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $926.3M+668.7% | $145.3M+10.3% | $132.3M+10.8% | $125.2M+12.6% | $120.5M+995.4% | $131.8M-20.6% | $119.4M+219.5% | $111.2M+216.4% |
| Current Liabilities | $836.2M+612.0% | $115.0M+22.0% | $58.2M-28.9% | $52.0M-24.1% | $117.4M+4507.6% | $94.2M-41.7% | $81.8M+7965.9% | $68.4M+7052.3% |
| Non-Current Liabilities | $90.1M+2834.1% | $30.4M-19.1% | $74.1M+97.2% | $73.3M+71.4% | $3.1M+150.1% | $37.5M+742.0% | $37.6M+1271.6% | $42.8M+1424.5% |
| Long-Term Debt | $44.7M+2190.1% | $28.8M-21.5% | $73.1M+99.3% | $72.0M+73.4% | $1.9M | $36.7M | $36.7M | $41.5M |
| Total Equity | $42.4M+402.3% | -$32.1M-167.0% | -$22.1M-236.0% | -$18.5M-180.3% | -$14.0M-183.5% | -$12.0M+69.5% | $16.2M+150.9% | $23.0M+180.8% |
| Retained Earnings | -$225.7M-54.3% | -$194.9M-43.9% | -$167.8M-151.0% | -$156.9M-162.5% | -$146.2M-479.5% | -$135.5M-119.2% | -$66.8M-191.9% | -$59.8M-176.4% |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments.
SQLLW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25 | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$9.9M-167.9% | -$8.2M-1818.4% | -$1.3M+6.4% | -$9.5M+38.3% | $14.6M+29.7% | -$426K+96.4% | -$1.3M+79.5% | -$15.5M-250.1% |
| Depreciation & Amortization | $4.3M+250.4% | $1.2M | $1.2M-1.2% | $1.2M-1.3% | $1.2M-1.8% | N/A | $1.2M-1.4% | $1.2M-0.6% |
| Stock-Based Compensation | $3.8M-36.6% | N/A | $6.7M+2250.3% | $6.2M+38.1% | $6.0M | N/A | $285K | $4.5M |
| Capital Expenditures | $41K+235.9% | $22K-3.5% | $14K-4.3% | $18K-13.0% | $12K-17.4% | $23K+787.5% | $15K-27.5% | $21K+225.8% |
| Free Cash Flow | -$9.9M-168.2% | -$8.2M-1724.8% | -$1.3M+6.4% | -$9.5M+38.3% | $14.6M+29.7% | -$449K+96.2% | -$1.4M+79.3% | -$15.5M-250.4% |
| Investing Cash Flow | -$41K-235.9% | -$22K+3.5% | -$14K+4.3% | -$18K+13.0% | -$12K+17.4% | -$23K-987.5% | -$15K+27.5% | -$21K+99.2% |
| Financing Cash Flow | $35.1M+354.9% | $8.2M+3140.1% | $978K-57.7% | $8.5M-43.4% | -$13.8M-18.7% | -$270K-102.3% | $2.3M-67.7% | $14.9M+227.3% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
SQLLW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25 | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 8.6%-2.3pp | 9.2% | 11.3%+0.2pp | 11.1%+0.1pp | 10.9% | N/A | 11.0% | 11.0% |
| Operating Margin | -6.0%+3.2pp | -19.5% | -7.9%-1.9pp | -8.4%-0.5pp | -9.2% | N/A | -6.0% | -7.9% |
| Net Margin | -12.3%-1.9pp | -22.6% | -9.8%-3.3pp | -10.4%+42.1pp | -10.4% | N/A | -6.5% | -52.5% |
| Return on Equity | -72.5% | N/A | N/A | N/A | N/A | N/A | -43.5% | -238.9% |
| Return on Assets | -3.1%+7.0pp | -24.0% | -9.8%-4.6pp | -10.0%+30.9pp | -10.1%+135.0pp | N/A | -5.2%+66.0pp | -40.9%+13.2pp |
| Current Ratio | 0.39-0.2x | 0.71-0.2x | 1.23+0.3x | 1.31+0.2x | 0.62-0.1x | 0.90+0.4x | 0.91-2.8x | 1.06-4.0x |
| Debt-to-Equity | 1.05 | N/A | N/A | N/A | N/A | N/A | 2.26 | 1.81 |
| Asset Turnover | 0.25-0.7x | 1.06 | 1.00+0.2x | 0.96+0.2x | 0.97 | N/A | 0.79 | 0.78 |
| FCF Margin | -4.0%-18.1pp | -6.8% | -1.1%+0.1pp | -9.3%+5.5pp | 14.2% | N/A | -1.3% | -14.8% |
Note: Shareholder equity is negative (-$32.1M), 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 (0.71), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Circle8 Group, Inc. SQLLW | FY2025 | $435.9M | -$59.4M | -13.6% | N/A | — |
| Reliability RLBY | FY2025 | $20.7M | -$664K | -3.2% | $18.6M | — |
Where Circle8 Group, Inc. Ranks
Frequently Asked Questions
What is Circle8 Group, Inc.'s annual revenue?
Circle8 Group, Inc. (SQLLW) reported $435.9M in total revenue for fiscal year 2025. This represents a -1.5% 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 Circle8 Group, Inc.'s revenue growing?
Circle8 Group, Inc. (SQLLW) revenue declined by 1.5% year-over-year, from $442.6M to $435.9M in fiscal year 2025.
Is Circle8 Group, Inc. profitable?
No, Circle8 Group, Inc. (SQLLW) reported a net income of -$59.4M in fiscal year 2025, with a net profit margin of -13.6%.
What is Circle8 Group, Inc.'s EBITDA?
Circle8 Group, Inc. (SQLLW) had EBITDA of -$45.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Circle8 Group, Inc. have?
As of fiscal year 2025, Circle8 Group, Inc. (SQLLW) had $81K in cash and equivalents against $28.8M in long-term debt.
What is Circle8 Group, Inc.'s gross margin?
Circle8 Group, Inc. (SQLLW) had a gross margin of 10.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Circle8 Group, Inc.'s operating margin?
Circle8 Group, Inc. (SQLLW) had an operating margin of -11.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Circle8 Group, Inc.'s net profit margin?
Circle8 Group, Inc. (SQLLW) had a net profit margin of -13.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Circle8 Group, Inc.'s free cash flow?
Circle8 Group, Inc. (SQLLW) recorded an outflow of $4.5M in free cash flow during fiscal year 2025. This represents a 26.3% 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 Circle8 Group, Inc.'s operating cash flow?
Circle8 Group, Inc. (SQLLW) recorded an outflow of $4.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Circle8 Group, Inc.'s total assets?
Circle8 Group, Inc. (SQLLW) had $113.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Circle8 Group, Inc.'s capital expenditures?
Circle8 Group, Inc. (SQLLW) invested $67K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Circle8 Group, Inc.'s current ratio?
Circle8 Group, Inc. (SQLLW) had a current ratio of 0.71 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Circle8 Group, Inc.'s return on assets (ROA)?
Circle8 Group, Inc. (SQLLW) had a return on assets of -52.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Circle8 Group, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Circle8 Group, Inc. (SQLLW) held $81K in cash, cash equivalents and investments, and reported an operating cash outflow of $4.4M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Circle8 Group, Inc.'s debt-to-equity ratio negative or not reported?
Circle8 Group, Inc. (SQLLW) has negative shareholder equity of -$32.1M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 Circle8 Group, Inc.'s Piotroski F-Score?
Circle8 Group, Inc. (SQLLW) has a Piotroski F-Score of 4 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Circle8 Group, Inc.'s earnings high quality?
Circle8 Group, Inc. (SQLLW) reported a net loss of $59.4M while operations used $4.4M 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 Circle8 Group, Inc. cover its interest payments?
Circle8 Group, Inc. (SQLLW) reported an operating loss of $50.2M against $9.2M 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.