Totaligent Financials

TGNT

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

This page shows Totaligent (TGNT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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 Weak

3/9

Totaligent passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.21x

For every $1 of reported earnings, Totaligent generates $0.21 in operating cash flow (-$200K OCF vs -$947K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-18.7x

Totaligent earns $-18.7 in operating income for every $1 of interest expense (-$885K vs $47K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Revenue

$445K

YoY-39.2%

5Y CAGR-40.2%

Totaligent generated $445K in revenue in fiscal year 2024. This represents a decrease of 39.2% from the prior year.

EBITDA

-$857K

YoY-157.2%

Totaligent's EBITDA was -$857K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 157.2% from the prior year.

Free Cash Flow

N/A

Net Income

-$947K

YoY-135.5%

Totaligent reported -$947K in net income in fiscal year 2024. This represents a decrease of 135.5% from the prior year.

EPS (Diluted)

$0.00

Totaligent earned $0.00 per diluted share (EPS) in fiscal year 2024.

Cash & Debt

$22K

YoY-86.8%

5Y CAGR-71.0%

Totaligent held $22K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

173M

YoY+0.0%

Totaligent had 173M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Gross Margin

9.7%

YoY-24.5pp

5Y CAGR-37.7pp

Totaligent's gross margin was 9.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 24.5 percentage points from the prior year.

Operating Margin

-199.0%

YoY-150.6pp

5Y CAGR-182.6pp

Totaligent's operating margin was -199.0% in fiscal year 2024, reflecting core business profitability. This is down 150.6 percentage points from the prior year.

Net Margin

-213.1%

YoY-158.1pp

5Y CAGR-198.2pp

Totaligent's net profit margin was -213.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 158.1 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

TGNT Income Statement

Metric	FY24	FY23	FY22	FY16	FY15	FY14
Revenue	$445K-39.2%	$732K+3652.2%	$20K	N/A	$4.7M-18.4%	$5.8M
Cost of Revenue	$401K-16.6%	$481K+926.6%	$47K	N/A	$3.4M+11.8%	$3.1M
Gross Profit	$43K-82.8%	$250K+1014.2%	-$27K	N/A	$1.3M-52.0%	$2.8M
R&D Expenses	N/A	N/A	N/A	N/A	$816K+46.4%	$557K
SG&A Expenses	$197K+84.6%	$107K-6.4%	$114K-71.8%	$404K+3657.5%	$11K-97.1%	$372K
Operating Income	-$885K-149.9%	-$354K+35.8%	-$552K-7.8%	-$512K-4663.1%	-$11K+98.9%	-$953K
Interest Expense	$47K+34.4%	$35K+14.7%	$31K+562.7%	$5K-40.8%	$8K-99.5%	$1.7M
Income Tax	$0	$0	$0	N/A	$180K-44.9%	$328K
Net Income	-$947K-135.5%	-$402K+32.1%	-$592K-14.7%	-$516K-2684.4%	-$19K+97.9%	-$867K
EPS (Diluted)	$0.00	$0.00	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$2K	$0	$0	$0-100.0%	$74K-78.4%	$341K	N/A	$334K
Cost of Revenue	$0	$0	$0-100.0%	$4K-88.2%	$38K-88.6%	$329K	N/A	$60K
Gross Profit	$2K	$0	$0+100.0%	-$4K-112.3%	$36K+193.1%	$12K	N/A	$274K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$28K-62.1%	$75K+2.8%	$72K+121.1%	$33K-30.7%	$47K-22.7%	$61K	N/A	$30K
Operating Income	-$115K-10.1%	-$105K-33.9%	-$78K+52.8%	-$165K-56.3%	-$106K+31.6%	-$155K	N/A	-$82K
Interest Expense	$17K+1.2%	$17K+24.1%	$14K+7.9%	$13K+13.2%	$11K0.0%	$11K	N/A	$9K
Income Tax	$0	$0	$0	$0	$0	$0	N/A	$0
Net Income	-$117K-114.4%	-$55K+66.9%	-$165K-53.9%	-$108K+13.2%	-$124K+11.9%	-$140K	N/A	-$171K
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	N/A	N/A

TGNT Balance Sheet

Metric	FY24	FY23	FY22	FY16	FY15	FY14
Total Assets	$223K-54.2%	$487K+226.6%	$149K-95.7%	$3.5M-89.6%	$33.4M-21.0%	$42.3M
Current Assets	$29K-92.0%	$358K+1925.4%	$18K-99.5%	$3.3M-88.5%	$29.0M-21.1%	$36.7M
Cash & Equivalents	$22K-86.8%	$168K+1098.0%	$14K-10.5%	$16K+55778.6%	$28-100.0%	$10.7M
Inventory	N/A	N/A	N/A	N/A	$157K+751.7%	$18K
Accounts Receivable	N/A	N/A	N/A	$18K-99.9%	$19.7M-21.0%	$24.9M
Goodwill	N/A	N/A	N/A	N/A	$58K-18.5%	$71K
Total Liabilities	$2.0M+40.3%	$1.4M+53.5%	$910K+43.0%	$637K-97.8%	$28.9M-18.9%	$35.7M
Current Liabilities	$2.0M+40.3%	$1.4M+53.5%	$910K+132.1%	$392K-96.2%	$10.4M-70.8%	$35.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.7M-90.9%	-$910K-19.6%	-$761K-124.8%	$3.1M-30.7%	$4.4M-32.5%	$6.6M
Retained Earnings	-$1.8M-110.1%	-$860K-87.8%	-$458K+88.0%	-$3.8M+55.7%	-$8.6M-13.4%	-$7.6M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$286K+16.7%	$245K-29.9%	$350K+56.8%	$223K-38.6%	$363K	N/A	$487K	N/A
Current Assets	$98K+54.0%	$64K-62.8%	$171K+499.3%	$29K-86.1%	$206K	N/A	$358K	N/A
Cash & Equivalents	$504-99.2%	$63K-62.9%	$169K+662.7%	$22K+2.3%	$22K-72.8%	$79K-52.6%	$168K-22.6%	$217K
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	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.3M+4.5%	$2.2M-2.2%	$2.3M+14.9%	$2.0M+27.5%	$1.5M	N/A	$1.4M	N/A
Current Liabilities	$2.3M+4.5%	$2.2M-2.2%	$2.3M+14.9%	$2.0M+27.5%	$1.5M	N/A	$1.4M	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$2.0M-3.0%	-$2.0M-2.9%	-$1.9M-9.5%	-$1.7M-47.9%	-$1.2M-11.8%	-$1.1M-15.4%	-$910K+15.3%	-$1.1M
Retained Earnings	-$2.3M-5.4%	-$2.2M-2.6%	-$2.1M-17.6%	-$1.8M-260.7%	$1.1M	N/A	-$860K	N/A

TGNT Cash Flow Statement

Metric	FY24	FY23	FY22	FY16	FY15	FY14
Operating Cash Flow	-$200K-577.8%	-$29K+83.2%	-$175K-82.1%	-$96K-856.9%	-$10K-100.2%	$4.8M
Capital Expenditures	N/A	$0-100.0%	$24K	N/A	$54K-57.2%	$127K
Free Cash Flow	N/A	-$29K+85.2%	-$200K	N/A	-$65K-101.4%	$4.7M
Investing Cash Flow	-$88K-371.4%	-$19K+22.6%	-$24K+90.5%	-$253K+55.8%	-$573K+35.0%	-$881K
Financing Cash Flow	$142K-29.6%	$202K+875.4%	$21K-94.3%	$365K+3547.8%	$10K+101.5%	-$651K
Dividends Paid	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

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$52K+47.5%	-$99K-32.6%	-$75K-77.8%	-$42K-29.5%	-$33K+54.7%	-$72K-194.6%	-$24K-8.1%	-$23K
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	-$10K-45.8%	-$7K+19.4%	-$8K+67.8%	-$26K-3.5%	-$25K-54.3%	-$16K+52.7%	-$35K-5751.6%	$614
Financing Cash Flow	$0	$0-100.0%	$230K+180.5%	$82K	$0	$0-100.0%	$10K-94.0%	$167K
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

TGNT Financial Ratios

Metric	FY24	FY23	FY22	FY16	FY15	FY14
Gross Margin	9.7%-24.5pp	34.2%+174.7pp	-140.4%	N/A	27.9%-19.5pp	47.4%
Operating Margin	-199.0%-150.6pp	-48.4%+2780.3pp	-2828.7%	N/A	-0.2%+16.2pp	-16.4%
Net Margin	-213.1%-158.1pp	-55.0%+2981.3pp	-3036.3%	N/A	-0.4%+14.5pp	-14.9%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-424.9%-342.3pp	-82.6%+314.6pp	-397.2%-382.3pp	-14.9%-14.9pp	-0.1%+2.0pp	-2.1%
Current Ratio	0.01-0.2	0.26+0.2	0.02-8.5	8.51+5.7	2.78+1.8	1.03
Debt-to-Equity	-1.13+0.4	-1.53-0.3	-1.20-1.4	0.21-6.3	6.54+1.1	5.45
FCF Margin	N/A	-4.0%+1019.1pp	-1023.2%	N/A	-1.4%-82.0pp	80.7%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	100.0%	N/A	N/A	-3.0%-52.0pp	49.0%+45.4pp	3.6%	N/A	82.1%
Operating Margin	-5118.0%	N/A	N/A	-1528.9%-1385.0pp	-143.8%-98.4pp	-45.4%	N/A	-24.5%
Net Margin	-5223.2%	N/A	N/A	-1918.7%-1750.5pp	-168.2%-127.0pp	-41.2%	N/A	-51.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-41.1%-18.7pp	-22.4%+25.0pp	-47.3%+0.9pp	-48.2%-14.1pp	-34.1%	N/A	N/A	N/A
Current Ratio	0.04+0.0	0.03-0.0	0.08+0.1	0.01-0.1	0.13	N/A	0.26	N/A
Debt-to-Equity	-1.14-0.0	-1.13+0.1	-1.18-0.1	-1.13+0.2	-1.31	N/A	-1.53	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$1.7M), 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.

Similar Companies

Ineo Tech INEOF

$5.3M

XTREME ONE ENTERTAINMENT INC XONI

$4.1M

Adaptive Ad Syst AATV

$5.2M

Onar Holding Corp ONAR

$3.5M

Snipp Interactiv SNIPF

$12.0M

Frequently Asked Questions

What is Totaligent's annual revenue?

Totaligent (TGNT) reported $445K in total revenue for fiscal year 2024. This represents a -39.2% 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 Totaligent's revenue growing?

Totaligent (TGNT) revenue declined by 39.2% year-over-year, from $732K to $445K in fiscal year 2024.

Is Totaligent profitable?

No, Totaligent (TGNT) reported a net income of -$947K in fiscal year 2024, with a net profit margin of -213.1%.

What is Totaligent's earnings per share (EPS)?

Totaligent (TGNT) reported diluted earnings per share of $0.00 for fiscal year 2024. 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 Totaligent's EBITDA?

Totaligent (TGNT) had EBITDA of -$857K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Totaligent's gross margin?

Totaligent (TGNT) had a gross margin of 9.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Totaligent's operating margin?

Totaligent (TGNT) had an operating margin of -199.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Totaligent's net profit margin?

Totaligent (TGNT) had a net profit margin of -213.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Totaligent's operating cash flow?

Totaligent (TGNT) generated -$200K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Totaligent's total assets?

Totaligent (TGNT) had $223K in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Totaligent have outstanding?

Totaligent (TGNT) had 173M shares outstanding as of fiscal year 2024.

What is Totaligent's current ratio?

Totaligent (TGNT) 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 Totaligent's debt-to-equity ratio?

Totaligent (TGNT) had a debt-to-equity ratio of -1.13 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Totaligent's return on assets (ROA)?

Totaligent (TGNT) had a return on assets of -424.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Totaligent's cash runway?

Based on fiscal year 2024 data, Totaligent (TGNT) had $22K in cash against an annual operating cash burn of $200K. 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.

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

Totaligent (TGNT) has negative shareholder equity of -$1.7M 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 Totaligent's Piotroski F-Score?

Totaligent (TGNT) has a Piotroski F-Score of 3 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 Totaligent's earnings high quality?

Totaligent (TGNT) has an earnings quality ratio of 0.21x, 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 Totaligent cover its interest payments?

Totaligent (TGNT) has an interest coverage ratio of -18.7x, 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.