This page shows Decentral Life (WDLF) financial statements, including the 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 (10-K and 10-Q reports).
A high-gross-margin model finally covered its overhead in FY2022, turning a cash-starved operation into reported profit.
FY2022 looks less like ordinary growth and more like a cost-structure reset: revenue reached$944K while SG&A fell to$247K from$582K in FY2021, swinging operating margin from-131.7% to67.3% . But cash conversion was incomplete because operating cash flow of$396K trailed net income of$727K , so the earnings rebound was only partly matched by cash generation.
Gross margin stayed above
The balance-sheet posture improved sharply in FY2022: equity moved to
Financial Health Signals
Based on FY2022 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 Decentral Life'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.
Decentral Life has an operating margin of 67.3%, meaning the company retains $67 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -131.7% the prior year.
Decentral Life's revenue surged 223.3% year-over-year to $944K, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Decentral Life carries a low D/E ratio of 0.42, meaning only $0.42 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 6.49, Decentral Life holds $6.49 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Decentral Life earns a strong 122.5% return on equity (ROE), meaning it generates $123 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
Decentral Life scores -46.16, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.5M) relative to total liabilities ($252K). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Decentral Life passes 5 of 9 financial strength tests. 2 of 3 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Decentral Life 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
Earnings & Revenue
Decentral Life generated $944K in revenue in fiscal year 2022. This represents an increase of 223.3% from the prior year.
Decentral Life reported $727K in net income in fiscal year 2022.
Cash & Balance Sheet
Decentral Life held $199K in cash against $0 in long-term debt as of fiscal year 2022.
Decentral Life had 7.39B shares outstanding in fiscal year 2022. This represents a decrease of 3.7% from the prior year.
Margins & Returns
Decentral Life's gross margin was 94.9% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is up 2.6 percentage points from the prior year.
Decentral Life's operating margin was 67.3% in fiscal year 2022, reflecting core business profitability. This is up 199.0 percentage points from the prior year.
Decentral Life's net profit margin was 77.0% in fiscal year 2022, showing the share of revenue converted to profit.
Decentral Life's ROE was 122.5% in fiscal year 2022, measuring profit generated per dollar of shareholder equity.
Capital Allocation
WDLF Income Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $173K0.0% | $173K+21.3% | $143K | N/A | $512K+265.5% | $140K | N/A | $55K |
| Cost of Revenue | N/A | $28K+73.3% | $16K | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $173K+19.3% | $145K+14.7% | $127K | N/A | $512K+265.5% | $140K | N/A | $54K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $256K+93.9% | $132K-22.2% | $169K | N/A | $54K-26.4% | $73K+54.8% | $47K-75.1% | $191K |
| Operating Income | -$87K-389.8% | -$18K+66.7% | -$53K | N/A | $456K+607.9% | $64K+228.0% | -$50K+64.3% | -$141K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | 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 | -$87K-390.0% | -$18K+66.7% | -$53K | N/A | $488K+723.3% | $59K+217.8% | -$50K | N/A |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | N/A | $0.00 | $0.00 | $0.00 | N/A |
WDLF Balance Sheet
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $643K+0.2% | $642K-4.6% | $673K-20.4% | $846K-2.2% | $865K+104.5% | $423K+15.8% | $365K-10.7% | $409K |
| Current Assets | $643K+0.2% | $642K-4.6% | $673K-20.4% | $846K-2.2% | $865K+104.5% | $423K+15.8% | $365K-10.7% | $409K |
| Cash & Equivalents | $78K+148.6% | $31K-81.5% | $169K-15.2% | $199K-48.0% | $384K | N/A | $228-70.6% | $776 |
| 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 | $208K+73.9% | $119K-9.9% | $132K-47.5% | $252K-49.8% | $502K-8.4% | $548K-0.2% | $549K+1.2% | $543K |
| Current Liabilities | $90K | N/A | $11K-91.8% | $130K+157.1% | $51K-3.4% | $53K+0.3% | $52K0.0% | $52K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $436K-16.6% | $523K-3.3% | $540K-9.0% | $594K+63.6% | $363K+390.6% | -$125K+32.2% | -$184K-37.6% | -$134K |
| Retained Earnings | -$33.0M-0.3% | -$32.9M-0.1% | -$32.8M-0.2% | -$32.8M+0.7% | -$33.0M+1.5% | -$33.5M+0.2% | -$33.6M-0.2% | -$33.5M |
WDLF Cash Flow Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $48K+138.8% | -$125K-240.4% | $89K+465.0% | $16K-95.9% | $386K+29224.4% | $1K+118.2% | -$7K+95.3% | -$154K |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$2K+86.2% | -$13K+89.0% | -$119K+40.5% | -$200K-7571.7% | -$3K-68.7% | -$2K-123.1% | $7K-95.6% | $152K |
| 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 |
WDLF Financial Ratios
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0%+16.2pp | 83.8%-4.9pp | 88.7% | N/A | 100.0%0.0pp | 100.0% | N/A | 99.3% |
| Operating Margin | -50.1%-39.9pp | -10.2%+27.0pp | -37.3% | N/A | 89.1%+43.1pp | 46.0% | N/A | -257.2% |
| Net Margin | -50.1%-39.9pp | -10.2%+27.0pp | -37.3% | N/A | 95.3%+53.0pp | 42.3% | N/A | N/A |
| Return on Equity | -19.9%-16.5pp | -3.4%+6.5pp | -9.8% | N/A | 134.4% | N/A | N/A | N/A |
| Return on Assets | -13.5%-10.7pp | -2.8%+5.2pp | -7.9% | N/A | 56.4%+42.4pp | 14.0%+27.8pp | -13.8% | N/A |
| Current Ratio | 7.15 | N/A | 63.03+56.5 | 6.49-10.6 | 17.05+9.0 | 8.05+1.1 | 6.98-0.8 | 7.81 |
| Debt-to-Equity | 0.48+0.2 | 0.23-0.0 | 0.24-0.2 | 0.42-1.0 | 1.38+5.8 | -4.39-1.4 | -2.98+1.1 | -4.05 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Decentral Life's annual revenue?
Decentral Life (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.
How fast is Decentral Life's revenue growing?
Decentral Life (WDLF) revenue grew by 223.3% year-over-year, from $292K to $944K in fiscal year 2022.
Is Decentral Life profitable?
Yes, Decentral Life (WDLF) reported a net income of $727K in fiscal year 2022, with a net profit margin of 77.0%.
What is Decentral Life's gross margin?
Decentral Life (WDLF) had a gross margin of 94.9% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is Decentral Life's operating margin?
Decentral Life (WDLF) had an operating margin of 67.3% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.
What is Decentral Life's net profit margin?
Decentral Life (WDLF) had a net profit margin of 77.0% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
What is Decentral Life's return on equity (ROE)?
Decentral Life (WDLF) has a return on equity of 122.5% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is Decentral Life's operating cash flow?
Decentral Life (WDLF) generated $396K in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Decentral Life's total assets?
Decentral Life (WDLF) had $846K in total assets as of fiscal year 2022, including both current and long-term assets.
What is Decentral Life's current ratio?
Decentral Life (WDLF) had a current ratio of 6.49 as of fiscal year 2022, which is generally considered healthy.
What is Decentral Life's debt-to-equity ratio?
Decentral Life (WDLF) had a debt-to-equity ratio of 0.42 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Decentral Life's return on assets (ROA)?
Decentral Life (WDLF) had a return on assets of 86.0% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is Decentral Life's Altman Z-Score?
Decentral Life (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.
What is Decentral Life's Piotroski F-Score?
Decentral Life (WDLF) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Decentral Life's earnings high quality?
Decentral Life (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.
How financially healthy is Decentral Life?
Decentral Life (WDLF) scores 66 out of 100 on our Financial Profile, indicating strong 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.