Tego Cyber Financials

TGCB

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2024 Currency USD FYE June

This page shows Tego Cyber (TGCB) 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).

Rhea AI TGCB FY2023 2026-04-22

External financing, not customer revenue, carried the business as recurring cash burn drained liquidity and hardened balance-sheet strain over multiple years.

Across FY2021 and FY2022, operating cash burn of -$2.20M was nearly offset by financing inflows of $2.56M. That funded the business short term, but by FY2023 assets had shrunk to $236K while liabilities reached $1.02M, showing external capital was plugging losses rather than rebuilding the balance sheet.

Commercial activity stayed negligible after FY2021, and reported gross profit was $0 in the last two valid revenue years, not just once. By FY2022, revenue was just $4K while selling/admin expense reached $1.26M, so overhead existed largely independent of customer demand.

Liquidity was consumed quickly: cash fell from $583K to $48K between FY2021 and FY2022, which means prior fundraising did not create a durable working-capital cushion. By FY2023, negative equity of -$784K alongside assets of only $236K left little balance-sheet buffer beyond cash itself.

Financial Health Signals

Financial Profile 20/100

Based on FY2023 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Tego Cyber's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Tego Cyber's revenue declined 100% year-over-year, from $4K to $0. This contraction results in a growth score of 0/100.

Leverage

Tego Cyber carries a low D/E ratio of -1.30, meaning only $-1.30 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Key Financial Metrics

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Earnings & Revenue

Revenue

YoY-100.0%

Tego Cyber generated $0 in revenue in fiscal year 2023. This represents a decrease of 100.0% from the prior year.

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$181K

YoY+279.6%

Tego Cyber held $181K in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

46M

YoY+82.1%

Tego Cyber had 46M shares outstanding in fiscal year 2023. This represents an increase of 82.1% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

YoY-100.0%

Tego Cyber invested $0 in capex in fiscal year 2023, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.

TGCB Income Statement

Metric	FY23	FY22	FY21	FY20
Revenue	$0-100.0%	$4K-56.2%	$8K+248.4%	$2K
Cost of Revenue	$0-100.0%	$4K-56.2%	$8K	N/A
Gross Profit	$0	$0	$0	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$1.3M+242.1%	$368K	N/A
Operating Income	N/A	N/A	-$667K	N/A
Interest Expense	N/A	N/A	$10K	$0
Income Tax	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	-$923K-1095.8%	-$77K
EPS (Diluted)	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	$0-100.0%	$11K	$0	N/A	$0	$0	$0	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	$2.2M+159.7%	$839K-4.7%	$881K	N/A
Operating Income	N/A	N/A	N/A	N/A	$2.6M+367.2%	-$983K+12.7%	-$1.1M	N/A
Interest Expense	$0	N/A	N/A	N/A	$30K	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	-$1.3M-0.7%	-$1.3M	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

TGCB Balance Sheet

Metric	FY23	FY22	FY21	FY20
Total Assets	$236K-55.3%	$529K-31.6%	$774K+647.4%	$104K
Current Assets	$211K+134.9%	$90K-87.1%	$698K+750.9%	$82K
Cash & Equivalents	$181K+279.6%	$48K-91.8%	$583K+612.1%	$82K
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	$0-100.0%	$1K-20.7%	$1K+866.7%	$150
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$1.0M+1445.0%	$66K+44.8%	$46K+169.8%	$17K
Current Liabilities	N/A	$66K+44.8%	$46K+169.8%	$17K
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	-$784K-269.3%	$463K-36.4%	$728K+740.6%	$87K
Retained Earnings	-$14.9M-258.9%	-$4.1M-314.7%	-$1.0M-1195.8%	-$77K

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$108K+41.4%	$76K+62.7%	$47K-80.2%	$236K-70.7%	$806K+32.6%	$608K-7.5%	$658K+24.3%	$529K
Current Assets	$83K+61.6%	$51K+135.0%	$22K-89.7%	$211K+1.2%	$209K+230.4%	$63K-57.7%	$149K+66.0%	$90K
Cash & Equivalents	$69K+83.2%	$38K	$0-100.0%	$181K+15.9%	$156K+6380.4%	$2K-93.6%	$37K-21.5%	$48K
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	$0	$0	$0	$0-100.0%	$1K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5M+8.0%	$1.4M+30.2%	$1.1M+6.9%	$1.0M+7.6%	$949K+11.1%	$854K+108.1%	$410K+521.2%	$66K
Current Liabilities	N/A	N/A	N/A	N/A	$949K	N/A	N/A	$66K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.4M-6.1%	-$1.3M-28.8%	-$1.0M-33.1%	-$784K-451.4%	-$142K+42.1%	-$246K-199.2%	$248K-46.5%	$463K
Retained Earnings	-$22.3M-5.0%	-$21.2M-11.7%	-$19.0M-27.6%	-$14.9M-27.8%	-$11.6M-71.5%	-$6.8M-24.3%	-$5.5M-31.8%	-$4.1M

TGCB Cash Flow Statement

Metric	FY23	FY22	FY21	FY20
Operating Cash Flow	N/A	-$1.6M-179.8%	-$578K-1166.0%	-$46K
Capital Expenditures	$0-100.0%	$7K	$0	N/A
Free Cash Flow	N/A	-$1.6M-181.0%	-$578K	N/A
Investing Cash Flow	-$328K+4.2%	-$342K-530.3%	-$54K-197.3%	-$18K
Financing Cash Flow	N/A	$1.4M+25.7%	$1.1M+677.6%	$146K
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	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 Cash Flow	-$264K-104.0%	-$129K	N/A	-$457K+13.8%	-$529K-107.2%	-$256K+36.8%	-$404K-6.0%	-$381K
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	$0	$0	$0+100.0%	-$83K+0.1%	-$84K-29.7%	-$64K+32.9%	-$96K-2.4%	-$94K
Financing Cash Flow	$295K+76.6%	$167K+67.0%	$100K-82.3%	$565K-26.3%	$767K+169.1%	$285K-41.8%	$490K	$0
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

TGCB Financial Ratios

Metric	FY23	FY22	FY21	FY20
Gross Margin	N/A	0.0%0.0pp	0.0%	N/A
Operating Margin	N/A	N/A	-8232.3%	N/A
Net Margin	N/A	N/A	-11397.3%-8076.8pp	-3320.5%
Return on Equity	N/A	N/A	-126.8%-37.7pp	-89.1%
Return on Assets	N/A	N/A	-119.3%-44.7pp	-74.6%
Current Ratio	N/A	1.36-13.9	15.29+10.4	4.85
Debt-to-Equity	-1.30-1.4	0.14+0.1	0.06-0.1	0.20
FCF Margin	N/A	-45777.6%-38636.6pp	-7140.9%	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	-532.3%	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	-218.1%-17.8pp	-200.3%	N/A
Current Ratio	N/A	N/A	N/A	N/A	0.22	N/A	N/A	1.36
Debt-to-Equity	-1.08-0.0	-1.06-0.0	-1.04+0.3	-1.30+5.4	-6.67-3.2	-3.48-5.1	1.66+1.5	0.14
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$784K), 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.

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Frequently Asked Questions

What is Tego Cyber's annual revenue?

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.

How fast is Tego Cyber's revenue growing?

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

What are Tego Cyber's total assets?

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

What are Tego Cyber's capital expenditures?

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

How many shares does Tego Cyber have outstanding?

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

What is Tego Cyber's debt-to-equity ratio?

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.

Why is Tego Cyber's debt-to-equity ratio negative or unusual?

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.

How financially healthy is Tego Cyber?

Tego Cyber (TGCB) scores 20 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.