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Decentral Life (WDLF) Financials

WDLF OTC
FY2022 annual
Revenue $944K +223.3% YoY
Net Income $727K YoY not available
EPS (Diluted) $0.00 n/m YoY
Operating Cash Flow $396K n/m YoY
Market Cap $1.5M as of Nov 6, 2026
Price / Sales 1.6x on $944K revenue, FY2022
Price / Earnings 20.3x on $73K net income, trailing 12 months to September 30, 2023
Price / Book 3.4x on $436K equity, Q3 FY2023

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 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings Latest period Q3 FY2023, ended Sep 30, 2023 Reported Currency USD FYE December

Newest figures come from the filing for Q3 FY2023, filed Nov 14, 2023. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WDLF SEC filings page.

Decentral Life Inc (WDLF) reported $944K in revenue for fiscal year 2022, up 223.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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.

Rhea AI WDLF FY2022

FY2022 shows a business that moved from operating losses to reported profitability while strengthening its balance sheet.

The key earnings-quality gap is that FY2022 net income was $727K while operating cash flow was only $396K: the accounting result converted into cash only partially during the year. At 54.4%, that supplied conversion measure means reported profit was materially ahead of cash generation, so the income statement alone overstates the period’s immediately realized economics.

The turnaround was not simply a gross-margin story. Operating margin moved from -131.7% in FY2021 to 67.3% in FY2022. Meanwhile, SG&A fell 56.7% as revenue expanded 223.3%, pointing to a sharp change in operating cost absorption or reported business mix.

The financing posture shifted from negative equity in FY2021 to $594K of positive equity in FY2022, while total liabilities fell 53.5%; this is a meaningful structural change, not just an earnings improvement. By FY2022, liabilities were 29.8% of assets and the current ratio was 6.5x, indicating substantial short-term coverage.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

We do not publish a peer-relative financial health score for Decentral Life Inc, 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.

Altman Z-Score Distress
-46.16

Decentral Life Inc scores -46.16, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $32.8M against total assets of $846K. 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.

Piotroski F-Score Partial
5/7

Decentral Life Inc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 3 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
0.54x

For every $1 of reported earnings, Decentral Life Inc generates $0.54 in operating cash flow ($396K OCF vs $727K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$173K
YoY-66.2%
QoQ0.0%

Decentral Life Inc generated $173K in revenue in Q3 2023. This represents a decrease of 66.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Net Income
-$87K
YoY-117.8%
QoQn/m

Decentral Life Inc reported a net loss of $87K in Q3 2023. This represents a decrease of 117.8% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

EPS (Diluted)
$0.00
YoYn/m
QoQn/m

Decentral Life Inc earned $0.00 per diluted share (EPS) in Q3 2023. 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.

EBITDA

Not reported for Q3 2023.

Cash & Balance Sheet

Cash & Debt
$78K
YoY-79.7%
QoQ+148.6%

Decentral Life Inc held $78K in cash as of Q3 2023; no long-term debt figure is on record for that period.

Shares Outstanding
7.39B
YoY0.0%
QoQ0.0%

Decentral Life Inc had 7.39B shares outstanding in Q3 2023. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q3 2023.

Dividends Per Share

Not reported for Q3 2023.

Margins & Returns

Gross Margin
100.0%
YoY0.0pp
QoQ+16.2pp

Decentral Life Inc's gross margin was 100.0% in Q3 2023, indicating the percentage of revenue retained after direct costs. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 16.2 percentage points.

Operating Margin
-50.1%
YoY-139.2pp
QoQ-39.9pp

Decentral Life Inc's operating margin was -50.1% in Q3 2023, reflecting core business profitability. This is down 139.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 39.9 percentage points.

Net Margin
-50.1%
YoY-145.5pp
QoQ-39.9pp

Decentral Life Inc's net profit margin was -50.1% in Q3 2023, showing the share of revenue converted to profit. This is down 145.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 39.9 percentage points.

Return on Equity
-19.9%
YoY-154.3pp
QoQ-16.5pp

Decentral Life Inc's quarterly ROE was -19.9% in Q3 2023: one quarter's net income over shareholder equity, not annualized. This is down 154.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 16.5 percentage points.

Capital Allocation

None of these metrics is reported for Q3 2023.

WDLF 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.

WDLF quarterly income statement
MetricQ3'23FilingQ2'23FilingQ1'23FilingQ4'22FilingQ3'22FilingQ2'22FilingQ1'22FilingQ4'21Filing
Revenue$173K-66.2%$173K+23.7%$143KN/A$512K+502.7%$140K+55.6%N/A$55K-14.5%
Cost of RevenueN/A$28K$16KN/AN/AN/AN/A$373
Gross Profit$173K-66.2%$145K+3.7%$127KN/A$512K+615.2%$140K+72.6%N/A$54K-37.4%
SG&A Expenses$260K+364.5%$163K+115.4%$180K+257.5%N/A$56K-37.3%$76K-55.5%$50K-65.8%$195K+72.2%
Operating Income-$87K-119.1%-$18K-127.5%-$53Kn/m$166Kn/m$456Kn/m$64Kn/m-$50Kn/m-$141K-460.8%
Net Income-$87K-117.8%-$18K-129.9%-$53Kn/m$231K$488Kn/m$59Kn/m-$50Kn/mN/A
EPS (Basic)$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00
EPS (Diluted)$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00n/m$0.00
Diluted Shares (Avg)7.39B-2.5%7.68B0.0%7.39B-3.7%N/A7.58B+1.9%7.68B+3.0%7.68B+3.0%N/A

Not reported in any period shown, so not listed: R&D Expenses, EBITDA, Interest Expense, Income Tax.

WDLF 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.

WDLF quarterly balance sheet
MetricQ3'23FilingQ2'23FilingQ1'23FilingQ4'22FilingQ3'22FilingQ2'22FilingQ1'22FilingQ4'21Filing
Total Assets$643K-25.6%$642K+51.7%$673K+84.2%$846K+106.9%$865K+89.5%$423K-9.7%$365K-35.7%$409K+3.2%
Current Assets$643K-25.6%$642K+51.7%$673K+84.2%$846K+106.9%$865K+89.5%$423K-9.7%$365K-35.6%$409K+3.2%
Cash & Equivalents$78K-79.7%$31K$169K+74070.2%$199K+25584.3%$384K+10803.8%N/A$228-99.8%$776+302.1%
Short-Term Investments$0n/m$0$0n/m$0n/m$0n/mN/A$0n/m$0n/m
Long-Term Investments$0n/m$0$0n/m$0n/m$0n/mN/A$0n/m$0n/m
Total Liabilities$208K-58.7%$119K-78.2%$132K-75.9%$252K-53.5%$502K+11.7%$548K+23.5%$549K+23.3%$543K-8.7%
Current Liabilities$90K+77.4%N/A$11K-79.6%$130K+149.1%$51K-54.2%$53K-52.3%$52K-53.5%$52K-72.3%
Non-Current Liabilities$118K-74.0%N/A$122K-75.5%$122K-75.2%$451K+33.3%$495K+48.5%$497K+49.2%$490K+21.0%
Total Equity$436K+20.1%$523Kn/m$540Kn/m$594Kn/m$363K+5066.8%-$125K-604.4%-$184K-250.4%-$134Kn/m
Retained Earnings-$33.0Mn/m-$32.9Mn/m-$32.8Mn/m-$32.8Mn/m-$33.0Mn/m-$33.5Mn/m-$33.6Mn/m-$33.5Mn/m

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

WDLF 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.

WDLF quarterly cash flow statement
MetricQ3'23FilingQ2'23FilingQ1'23FilingQ4'22FilingQ3'22FilingQ2'22FilingQ1'22FilingQ4'21Filing
Operating Cash Flow$48K-87.5%-$125K-9568.2%$89Kn/m$16Kn/m$386Kn/m$1Kn/m-$7Kn/m-$154K-365.1%
Financing Cash Flow-$2Kn/m-$13Kn/m-$119K-1876.1%-$200K-232.0%-$3K-150.1%-$2K-409.0%$7K-95.7%$152Kn/m

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

WDLF 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.

WDLF quarterly financial ratios
MetricQ3'23FilingQ2'23FilingQ1'23FilingQ4'22FilingQ3'22FilingQ2'22FilingQ1'22FilingQ4'21Filing
Gross Margin100.0%0.0pp83.8%-16.2pp88.7%N/A100.0%+15.7pp100.0%+9.9ppN/A99.3%
Operating Margin-50.1%-139.2pp-10.2%-56.2pp-37.3%N/A89.1%+109.9pp46.0%N/A-257.2%
Net Margin-50.1%-145.5pp-10.2%-52.6pp-37.3%N/A95.3%+116.2pp42.3%N/AN/A
Return on Equity-19.9%-154.3pp-3.4%-9.8%38.9%134.4%+386.9ppN/AN/AN/A
Return on Assets-13.5%-69.9pp-2.8%-16.8pp-7.9%+5.9pp27.3%56.4%+60.3pp14.0%+34.9pp-13.8%+314.3ppN/A
Current Ratio7.15-9.9xN/A63.03+56.1x6.49-1.3x17.05+12.9x8.05+3.8x6.98+1.9x7.81+5.7x
Liabilities-to-Equity0.48-0.9x0.230.250.421.38-62.6xN/AN/AN/A
Asset Turnover0.27-0.3x0.27-0.1x0.21N/A0.59+0.4x0.33+0.1xN/A0.130.0x

Not reported in any period shown, so not listed: Debt-to-Equity, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin.

Frequently Asked Questions

Decentral Life Inc (WDLF) reported $944K in total revenue for fiscal year 2022. This represents a 223.3% 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.

Decentral Life Inc (WDLF) revenue grew by 223.3% year-over-year, from $292K to $944K in fiscal year 2022.

Yes, Decentral Life Inc (WDLF) reported a net income of $727K in fiscal year 2022, with a net profit margin of 77.0%.

Decentral Life Inc (WDLF) reported diluted earnings per share of $0.00 for fiscal year 2022. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.

Decentral Life Inc (WDLF) had a gross margin of 94.9% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

Decentral Life Inc (WDLF) had an operating margin of 67.3% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.

Decentral Life Inc (WDLF) had a net profit margin of 77.0% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

Decentral Life Inc (WDLF) has a return on equity of 122.5% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.

Decentral Life Inc (WDLF) generated $396K in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

Decentral Life Inc (WDLF) had $846K in total assets as of fiscal year 2022, including both current and long-term assets.

Decentral Life Inc (WDLF) had 7.39B shares outstanding as of fiscal year 2022.

Decentral Life Inc (WDLF) had a current ratio of 6.49 as of fiscal year 2022, which is generally considered healthy.

Decentral Life Inc (WDLF) had a liabilities-to-equity ratio of 0.42 as of fiscal year 2022, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2022, because the filing data we hold for that year carries no long-term debt figure.

Decentral Life Inc (WDLF) had a return on assets of 86.0% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

Decentral Life Inc (WDLF) trades at 20.3x earnings, its market capitalization divided by $73K net income, trailing 12 months to September 30, 2023. The market capitalization is $1.5M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Decentral Life Inc (WDLF) trades at 1.6x sales, its market capitalization divided by $944K revenue, FY2022. The market capitalization is $1.5M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Decentral Life Inc (WDLF) has an Altman Z-Score of -46.16, 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.

Decentral Life Inc (WDLF) has a Piotroski F-Score of 5 out of 7 computable signals; 2 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.

Decentral Life Inc (WDLF) has an earnings quality ratio of 0.54x, 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.

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