UPD Holding (UPDC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the filing for FY2022, filed Apr 5, 2023. Each column of the statement tables below links to the filing it was taken from.
UPD Holding Corp. (UPDC) reported $38K in revenue for fiscal year 2022. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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.
UPD operates with revenue too small to absorb overhead, while liabilities exceed assets and financing supplies cash to fund losses.
Across FY2021 and FY2022, operating cash flow was less negative than net income, indicating that accounting losses included noncash or working-capital effects. Yet FY2022 free cash flow was-$877K despite only$76K of capital expenditures, so the principal cash pressure was operations rather than reinvestment.
FY2022 liabilities were
The business generated only
Financial Health Signals
We do not publish a peer-relative financial health score for UPD Holding Corp., because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
UPD Holding Corp. scores -20.46, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $5.0M against total assets of $653K. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
UPD Holding Corp. passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
UPD Holding Corp. reported a net loss of $1.3M while operations used $801K of cash. With neither figure positive, the ratio between the two carries no quality signal.
UPD Holding Corp. reported an operating loss of $1.3M against $171K 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
None of these metrics is reported for Q4 2022.
Cash & Balance Sheet
UPD Holding Corp. recorded an outflow of $91K in free cash flow in Q4 2022, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
UPD Holding Corp. held $3K in cash as of Q4 2022; no long-term debt figure is on record for that period.
Not reported for Q4 2022.
Margins & Returns
None of these metrics is reported for Q4 2022.
Capital Allocation
UPD Holding Corp. invested $5K in capex in Q4 2022, funding long-term assets and infrastructure. This represents a decrease of 71.4% from the same quarter a year earlier. Against the prior quarter it is down 59.1%.
Not reported for Q4 2022.
Not reported for Q4 2022.
UPDC 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 | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing | Q2'21Filing | Q1'21Filing |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $313K | $315K+172.1% | $269K+9802.2% | $240K+9583.9% | N/A | $116K+19332.4% | $3K+91.0% | $2K+18.3% |
| Operating Income | -$308K | -$354Kn/m | -$338Kn/m | -$298K | N/A | -$191K | -$24Kn/m | N/A |
| EBITDA | N/A | -$342Kn/m | -$326K | -$289K | N/A | -$189K | N/A | N/A |
| Interest Expense | N/A | $49K+416.9% | $50K+1159.3% | $28K+372.1% | N/A | $9K+60.8% | $4K-77.5% | $6K-65.9% |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | -$11K | N/A |
| Net Income | N/A | -$417Kn/m | -$149K-174.9% | -$360K | N/A | -$201K | $199Kn/m | N/A |
| EPS (Basic) | N/A | N/A | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m |
| EPS (Diluted) | N/A | N/A | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Diluted Shares (Avg).
UPDC 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 | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing | Q2'21Filing | Q1'21Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $653K+26.0% | $681K+25.1% | $866K+1334.9% | $935K+22117.5% | $518K+2313.5% | $545K+14414.1% | $60K-20.9% | $4K-95.1% |
| Current Assets | $27K+65.4% | $4K-92.6% | $147K | $163K | $16K-23.6% | $53K+1307.2% | N/A | N/A |
| Cash & Equivalents | $3K-82.2% | $4K-92.6% | $147K+144.4% | $163K+4618.5% | $16K-20.8% | $53K+1661.4% | $60K+6359.1% | $3K-65.4% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $417K0.0% | $417K0.0% | $417K | $417K | $417K | $417K | N/A | N/A |
| Total Liabilities | $1.8M+122.8% | $1.5M+195.6% | $1.3M+228.4% | $1.5M+129.1% | $797K+31.6% | $519K-23.4% | $396K-61.0% | $642K-34.4% |
| Current Liabilities | $1.8M+127.5% | $1.5M+209.4% | $1.3M | $1.4M+119.2% | $780K+28.9% | $496K-26.8% | N/A | $642K-34.4% |
| Non-Current Liabilities | $0-100.0% | $0-100.0% | $16K | $64Kn/m | $16Kn/m | $23Kn/m | N/A | $0n/m |
| Total Equity | -$1.0Mn/m | -$801K-3189.0% | -$419Kn/m | -$526Kn/m | -$273Kn/m | $26Kn/m | -$336Kn/m | -$638Kn/m |
| Retained Earnings | -$5.0Mn/m | -$4.7Mn/m | -$4.3Mn/m | -$4.2Mn/m | -$3.8Mn/m | -$3.4Mn/m | -$3.2Mn/m | -$3.4Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Long-Term Debt.
UPDC 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 | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing | Q2'21Filing | Q1'21Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$85Kn/m | -$112Kn/m | -$267Kn/m | -$336Kn/m | -$138Kn/m | -$125K | -$53Kn/m | -$17Kn/m |
| Depreciation & Amortization | $12K+152.7% | $12K+518.7% | $12K | $9K | $5K | $2K | N/A | N/A |
| Capital Expenditures | $5K-71.4% | $13K | $810 | $57K | $18K | N/A | N/A | N/A |
| Free Cash Flow | -$91Kn/m | -$125K | -$268K | -$392K | -$156K | N/A | N/A | N/A |
| Investing Cash Flow | -$5Kn/m | -$13K | -$810 | -$57K | -$18K | N/A | N/A | N/A |
| Financing Cash Flow | $90K-25.2% | -$18K-113.6% | $253K | $539K | $120K+140.0% | $135K | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
UPDC 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 | Q4'22Filing | Q3'22Filing | Q2'22Filing | Q1'22Filing | Q4'21Filing | Q3'21Filing | Q2'21Filing | Q1'21Filing |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | N/A | N/A | N/A | N/A | -773.2% | N/A | N/A |
| Return on Assets | N/A | -61.2%-24.4pp | -17.3%-347.9pp | -38.5% | N/A | -36.8% | 330.7%+434.8pp | N/A |
| Current Ratio | 0.020.0x | 0.00-0.1x | 0.11 | 0.12 | 0.020.0x | 0.11+0.1x | N/A | N/A |
| Liabilities-to-Equity | N/A | N/A | N/A | N/A | N/A | 20.01 | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$1.0M), which causes the debt-to-equity, liabilities-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 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where UPD Holding Corp. Ranks
Frequently Asked Questions
UPD Holding Corp. (UPDC) reported $38K in total revenue for fiscal year 2022. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
No, UPD Holding Corp. (UPDC) reported a net loss of $1.3M in fiscal year 2022.
UPD Holding Corp. (UPDC) had EBITDA of -$1.3M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
UPD Holding Corp. (UPDC) recorded an outflow of $877K in free cash flow during fiscal year 2022. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
UPD Holding Corp. (UPDC) recorded an outflow of $801K in operating cash flow during fiscal year 2022, representing cash used by core business activities.
UPD Holding Corp. (UPDC) had $653K in total assets as of fiscal year 2022, including both current and long-term assets.
UPD Holding Corp. (UPDC) invested $76K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
UPD Holding Corp. (UPDC) had a current ratio of 0.02 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.
UPD Holding Corp. (UPDC) had a return on assets of -199.3% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
UPD Holding Corp. (UPDC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2022). The market capitalization is $39K as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
UPD Holding Corp. (UPDC) trades at 1.0x sales, its market capitalization divided by $38K revenue, FY2022. The market capitalization is $39K as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2022, UPD Holding Corp. (UPDC) held $3K in cash, cash equivalents and investments, and reported an operating cash outflow of $801K 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.
UPD Holding Corp. (UPDC) has negative shareholder equity of -$1.0M as of fiscal year 2022, so no debt-to-equity or liabilities-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.
UPD Holding Corp. (UPDC) has an Altman Z-Score of -20.46, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
UPD Holding Corp. (UPDC) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.
UPD Holding Corp. (UPDC) reported a net loss of $1.3M while operations used $801K 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.
UPD Holding Corp. (UPDC) reported an operating loss of $1.3M against $171K 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.