Hg Holdings Financials

STLY

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Hg Holdings (STLY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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

Piotroski F-Score Neutral

6/9

Hg Holdings passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-8.21x

For every $1 of reported earnings, Hg Holdings generates $-8.21 in operating cash flow ($2.0M OCF vs -$239K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$11.5M

YoY+3.6%

10Y CAGR-15.3%

Hg Holdings generated $11.5M in revenue in fiscal year 2024. This represents an increase of 3.6% from the prior year.

EBITDA

N/A

Free Cash Flow

$2.0M

YoY+20.2%

Hg Holdings generated $2.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 20.2% from the prior year.

Net Income

-$239K

YoY+70.9%

Hg Holdings reported -$239K in net income in fiscal year 2024. This represents an increase of 70.9% from the prior year.

EPS (Diluted)

$-0.08

YoY+72.4%

Hg Holdings earned $-0.08 per diluted share (EPS) in fiscal year 2024. This represents an increase of 72.4% from the prior year.

Cash & Debt

$12.1M

YoY+18.5%

5Y CAGR+34.1%

10Y CAGR+8.1%

Hg Holdings held $12.1M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY-1.7%

Hg Holdings had 3M shares outstanding in fiscal year 2024. This represents a decrease of 1.7% from the prior year.

Gross Margin

94.8%

YoY+0.0pp

10Y CAGR+75.0pp

Hg Holdings's gross margin was 94.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.0 percentage points from the prior year.

Operating Margin

N/A

Net Margin

-2.1%

YoY+5.3pp

10Y CAGR+47.2pp

Hg Holdings's net profit margin was -2.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 5.3 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$243K

YoY+291.9%

Hg Holdings spent $243K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 291.9% from the prior year.

Capital Expenditures

YoY-100.0%

Hg Holdings invested $0 in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.

STLY Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$11.5M+3.6%	$11.1M-23.3%	$14.5M+494.7%	$2.4M	$0	N/A
Cost of Revenue	$595K+3.5%	$575K+40.9%	$408K+25.2%	$326K	$0	N/A
Gross Profit	$10.9M+3.7%	$10.5M-25.2%	$14.1M+567.3%	$2.1M	$0	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$12.6M-3.2%	$13.0M+26.9%	$10.2M+209.5%	$3.3M+153.8%	$1.3M+15.1%	$1.1M
Operating Income	N/A	N/A	N/A	N/A	-$1.3M-15.1%	-$1.1M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$18K-140.0%	$45K+87.5%	$24K+123.5%	-$102K	$0+100.0%	-$84K
Net Income	-$239K+70.9%	-$822K-122.0%	$3.7M+35.5%	$2.8M+4281.0%	$63K-62.9%	$170K
EPS (Diluted)	$-0.08+72.4%	$-0.29-122.1%	$1.31+36.5%	$0.96	$0.00	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$4.1M+1.5%	$4.1M+49.2%	$2.7M+3.8%	$2.6M-14.5%	$3.1M-1.8%	$3.1M+15.7%	$2.7M+7.4%	$2.5M
Cost of Revenue	$31K-80.3%	$157K+57.0%	$100K-64.8%	$284K+186.9%	$99K+5.3%	$94K-20.3%	$118K+42.2%	$83K
Gross Profit	$4.1M+4.8%	$3.9M+48.9%	$2.6M+12.1%	$2.3M-21.3%	$3.0M-2.0%	$3.0M+17.4%	$2.6M+6.2%	$2.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.3M+0.2%	$3.3M+4.7%	$3.2M+2.4%	$3.1M-4.8%	$3.3M+3.2%	$3.1M+2.2%	$3.1M-3.5%	$3.2M
Operating Income	N/A	N/A	N/A	-$1.9M-725.9%	-$232K+85.1%	-$1.6M-499.2%	-$260K	N/A
Interest Expense	N/A	N/A	N/A	N/A	$698K+11.5%	$626K-4.0%	$652K	N/A
Income Tax	$6K	$0+100.0%	-$5K+94.2%	-$86K-75.5%	-$49K-200.0%	$49K-27.9%	$68K+871.4%	$7K
Net Income	$1.2M+38.5%	$885K+444.4%	-$257K-50.3%	-$171K-200.6%	$170K+165.9%	-$258K-1390.0%	$20K+105.6%	-$354K
EPS (Diluted)	$0.23-34.3%	$0.35+488.9%	$-0.09+71.9%	$-0.32-633.3%	$0.06+166.7%	$-0.09-1000.0%	$0.01+102.0%	$-0.49

STLY Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$42.2M+0.6%	$41.9M+1.9%	$41.1M+5.8%	$38.9M+43.8%	$27.0M+88.5%	$14.3M
Current Assets	N/A	N/A	$21.1M+1.4%	$20.8M+65.4%	$12.6M+230.2%	$3.8M
Cash & Equivalents	$12.1M+18.5%	$10.2M+8.3%	$9.5M-52.9%	$20.1M+72.8%	$11.6M+315.4%	$2.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$263K+93.4%	$136K+28.3%	$106K-42.1%	$183K	$0	N/A
Goodwill	$6.5M0.0%	$6.5M0.0%	$6.5M+45.9%	$4.5M	$0	N/A
Total Liabilities	$10.4M+9.2%	$9.5M+23.5%	$7.7M-17.5%	$9.3M+2940.2%	$306K-29.7%	$435K
Current Liabilities	N/A	N/A	$6.7M-24.4%	$8.8M+13857.1%	$63K-65.0%	$180K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$32.0M-1.5%	$32.4M-2.7%	$33.3M+12.7%	$29.6M+10.6%	$26.7M+95.8%	$13.6M
Retained Earnings	$1.4M-25.4%	$1.9M-31.8%	$2.8M+394.8%	-$942K+74.6%	-$3.7M+1.7%	-$3.8M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$55.0M+1.4%	$54.2M+18.5%	$45.8M+8.5%	$42.2M-9.1%	$46.4M-5.2%	$48.9M+5.3%	$46.5M+10.9%	$41.9M
Current Assets	N/A	N/A	N/A	$3.8M+15.4%	$3.3M+20.4%	$2.7M+11.9%	$2.4M-91.4%	$28.5M
Cash & Equivalents	$10.3M+9.0%	$9.5M-28.7%	$13.3M+9.2%	$12.1M+17.1%	$10.4M+10.5%	$9.4M-8.8%	$10.3M+0.4%	$10.2M
Inventory	N/A	N/A	N/A	$23.9M-24.5%	$31.7M-0.2%	$31.7M-10.2%	$35.3M+52.2%	$23.2M
Accounts Receivable	$1.2M+29.6%	$902K+137.4%	$380K+44.5%	$263K-28.5%	$368K+8.6%	$339K+66.2%	$204K+50.0%	$136K
Goodwill	$6.5M0.0%	$6.5M0.0%	$6.5M0.0%	$6.5M0.0%	$6.5M0.0%	$6.5M0.0%	$6.5M0.0%	$6.5M
Total Liabilities	$12.7M-3.5%	$13.1M-7.6%	$14.2M+37.4%	$10.4M-28.1%	$14.4M-15.7%	$17.1M+21.0%	$14.1M+48.9%	$9.5M
Current Liabilities	N/A	N/A	N/A	$180K-4.3%	$188K-17.5%	$228K+59.4%	$143K-98.9%	$12.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$42.4M+2.9%	$41.2M+30.0%	$31.7M-0.8%	$32.0M-0.5%	$32.1M+0.5%	$32.0M-1.5%	$32.4M0.0%	$32.4M
Retained Earnings	$3.3M+60.1%	$2.0M+76.6%	$1.2M-18.2%	$1.4M-10.8%	$1.6M+12.0%	$1.4M-25.4%	$1.9M+0.1%	$1.9M

STLY Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$2.0M+16.5%	$1.7M-37.8%	$2.7M+389.4%	-$935K-422.4%	$290K-79.2%	$1.4M
Capital Expenditures	$0-100.0%	$51K-23.9%	$67K+415.4%	$13K+333.3%	$3K	N/A
Free Cash Flow	$2.0M+20.2%	$1.6M-38.2%	$2.6M+378.4%	-$948K-430.3%	$287K	N/A
Investing Cash Flow	$1.1M-5.0%	$1.1M+114.4%	-$7.8M-182.7%	$9.4M+327.3%	-$4.1M+18.2%	-$5.1M
Financing Cash Flow	-$364K-600.0%	-$52K-147.6%	-$21K-950.0%	-$2K-100.0%	$12.7M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$243K+291.9%	$62K+195.2%	$21K	$0	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$328K+150.5%	-$649K-118.3%	$3.6M+216.1%	-$3.1M-12.3%	-$2.7M-190.1%	$3.0M-35.9%	$4.7M+220.5%	-$3.9M
Capital Expenditures	N/A	N/A	N/A	$0	$0	$0	$0-100.0%	$1K
Free Cash Flow	N/A	N/A	N/A	-$3.1M-12.3%	-$2.7M-190.1%	$3.0M-35.9%	$4.7M+220.5%	-$3.9M
Investing Cash Flow	$68K+179.1%	-$86K-107.5%	$1.1M+121.5%	$517K-50.4%	$1.0M+308.6%	-$500K	$0-100.0%	$999K
Financing Cash Flow	-$64K+98.3%	-$3.9M	$0-100.0%	$1K+105.3%	-$19K+93.5%	-$293K-452.8%	-$53K-381.8%	-$11K
Dividends Paid	$0	N/A	N/A	N/A	$0	N/A	N/A	$434K
Share Buybacks	$132K	N/A	N/A	$0	$0-100.0%	$243K	$0-100.0%	$11K

STLY Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	94.8%0.0pp	94.8%-2.4pp	97.2%+10.6pp	86.6%	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-2.1%+5.3pp	-7.4%-33.2pp	25.8%-87.5pp	113.3%	N/A	N/A
Return on Equity	N/A	N/A	11.2%+1.9pp	9.3%+9.1pp	0.2%-1.0pp	1.3%
Return on Assets	-0.6%+1.4pp	-2.0%-11.1pp	9.1%+2.0pp	7.1%+6.9pp	0.2%-1.0pp	1.2%
Current Ratio	N/A	N/A	3.17+0.8	2.36-196.9	199.29+178.2	21.12
Debt-to-Equity	0.32+0.0	0.29+0.1	0.23-0.1	0.31+0.3	0.01-0.0	0.03
FCF Margin	17.0%+2.3pp	14.7%-3.5pp	18.2%+57.1pp	-38.9%	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	99.3%+3.1pp	96.1%-0.2pp	96.3%+7.2pp	89.2%-7.6pp	96.8%-0.2pp	97.0%+1.4pp	95.6%-1.1pp	96.7%
Operating Margin	N/A	N/A	N/A	-8.4%-7.4pp	-1.0%+5.5pp	-6.5%-6.6pp	0.1%	N/A
Net Margin	29.8%+8.0pp	21.8%+31.2pp	-9.4%-2.9pp	-6.5%-12.1pp	5.5%+13.8pp	-8.3%-9.0pp	0.7%+14.8pp	-14.1%
Return on Equity	2.9%+0.7pp	2.1%	N/A	N/A	0.5%	N/A	0.1%	N/A
Return on Assets	2.2%+0.6pp	1.6%+2.2pp	-0.6%-0.1pp	-0.4%-0.8pp	0.4%+0.9pp	-0.5%-0.6pp	0.0%+0.9pp	-0.8%
Current Ratio	N/A	N/A	N/A	21.12+3.6	17.53+5.5	12.00-5.1	17.10+14.9	2.24
Debt-to-Equity	0.30-0.0	0.32-0.1	0.45+0.1	0.32-0.1	0.45-0.1	0.53+0.1	0.44+0.1	0.29
FCF Margin	N/A	N/A	N/A	-116.9%-27.9pp	-88.9%-185.9pp	96.9%-78.2pp	175.1%+331.2pp	-156.1%

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Frequently Asked Questions

What is Hg Holdings's annual revenue?

Hg Holdings (STLY) reported $11.5M in total revenue for fiscal year 2024. This represents a 3.6% 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 Hg Holdings's revenue growing?

Hg Holdings (STLY) revenue grew by 3.6% year-over-year, from $11.1M to $11.5M in fiscal year 2024.

Is Hg Holdings profitable?

No, Hg Holdings (STLY) reported a net income of -$239K in fiscal year 2024, with a net profit margin of -2.1%.

What is Hg Holdings's earnings per share (EPS)?

Hg Holdings (STLY) reported diluted earnings per share of $-0.08 for fiscal year 2024. This represents a 72.4% 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 Hg Holdings's gross margin?

Hg Holdings (STLY) had a gross margin of 94.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Hg Holdings's net profit margin?

Hg Holdings (STLY) had a net profit margin of -2.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Hg Holdings's free cash flow?

Hg Holdings (STLY) generated $2.0M in free cash flow during fiscal year 2024. This represents a 20.2% 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 Hg Holdings's operating cash flow?

Hg Holdings (STLY) generated $2.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Hg Holdings's total assets?

Hg Holdings (STLY) had $42.2M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Hg Holdings's capital expenditures?

Hg Holdings (STLY) invested $0 in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Hg Holdings buy back shares?

Yes, Hg Holdings (STLY) spent $243K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Hg Holdings have outstanding?

Hg Holdings (STLY) had 3M shares outstanding as of fiscal year 2024.

What is Hg Holdings's debt-to-equity ratio?

Hg Holdings (STLY) had a debt-to-equity ratio of 0.32 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hg Holdings's return on assets (ROA)?

Hg Holdings (STLY) had a return on assets of -0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Hg Holdings's Piotroski F-Score?

Hg Holdings (STLY) has a Piotroski F-Score of 6 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 Hg Holdings's earnings high quality?

Hg Holdings (STLY) has an earnings quality ratio of -8.21x, considered mixed quality. 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.