Tego Cyber Financials

Tego Cyber (TGCB) reported $0 in total revenue for fiscal year 2023. This represents a -100.0% 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.

Tego Cyber (TGCB) revenue declined by 100% year-over-year, from $4K to $0 in fiscal year 2023.

No, Tego Cyber (TGCB) reported a net income of -$10.7M in fiscal year 2023.

Tego Cyber (TGCB) generated -$1.6M in free cash flow during fiscal year 2023. This represents a -1.3% 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.

Tego Cyber (TGCB) generated -$1.6M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

Tego Cyber (TGCB) had $236K in total assets as of fiscal year 2023, including both current and long-term assets.

Tego Cyber (TGCB) invested $0 in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

Tego Cyber (TGCB) had 46M shares outstanding as of fiscal year 2023.

Tego Cyber (TGCB) had a debt-to-equity ratio of -1.30 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Tego Cyber (TGCB) had a return on assets of -4541.1% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2023 data, Tego Cyber (TGCB) had $181K in cash against an annual operating cash burn of $1.6M. This gives an estimated cash runway of approximately 1 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.

Tego Cyber (TGCB) has negative shareholder equity of -$784K as of fiscal year 2023, 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.

Tego Cyber (TGCB) 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.

Tego Cyber (TGCB) has an earnings quality ratio of 0.15x, 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.