WORLDWIDE NFT INC Financials
This page shows WORLDWIDE NFT INC (WNFT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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
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 WORLDWIDE NFT INC'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.
WORLDWIDE NFT INC carries a low D/E ratio of -1.00, meaning only $-1.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Key Financial Metrics
Earnings & Revenue
WORLDWIDE NFT INC reported -$98K in net income in fiscal year 2023. This represents an increase of 99.5% from the prior year.
WORLDWIDE NFT INC earned $0.00 per diluted share (EPS) in fiscal year 2023. This represents an increase of 100.0% from the prior year.
Cash & Balance Sheet
WORLDWIDE NFT INC held $0 in cash against $0 in long-term debt as of fiscal year 2023.
WORLDWIDE NFT INC had 535M shares outstanding in fiscal year 2023. This represents an increase of 0.0% from the prior year.
Margins & Returns
Capital Allocation
WNFT Income Statement
| Metric | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 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 | N/A | N/A | N/A | $1K |
| Operating Income | -$32K+62.1% | -$85K | N/A | -$10K+71.3% | -$33K+9.0% | -$36K | N/A | -$5K |
| 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 | -$32K+62.1% | -$85K | N/A | -$10K+71.3% | -$33K+9.0% | -$36K | N/A | -$5K |
| EPS (Diluted) | $0.00 | $0.00 | N/A | N/A | $0.00 | $0.00 | N/A | N/A |
WNFT Balance Sheet
| Metric | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $100K |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $0 | $0 | $0 | N/A | $0 | N/A | N/A | N/A |
| 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 | $391K+8.9% | $359K+30.8% | $275K+7.2% | $256K+3.9% | $247K+15.5% | $214K+20.6% | $177K+31.7% | $134K |
| Current Liabilities | $391K+8.9% | $359K+30.8% | $275K+7.2% | $256K+3.9% | $247K+15.5% | $214K+20.6% | $177K+31.7% | $134K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$391K-8.9% | -$359K-30.8% | -$275K-7.2% | -$256K-3.9% | -$247K-15.5% | -$214K-20.6% | -$177K-413.5% | -$34K |
| Retained Earnings | -$21.1M-0.2% | -$21.0M-0.4% | -$20.9M-0.1% | -$20.9M0.0% | -$20.9M-0.2% | -$20.9M-0.2% | -$20.8M-2.4% | -$20.3M |
WNFT Cash Flow Statement
| Metric | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $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 |
WNFT Financial Ratios
| Metric | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -5.2% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.000.0 | -1.00+2.9 | -3.90 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$275K), 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
Is WORLDWIDE NFT INC profitable?
No, WORLDWIDE NFT INC (WNFT) reported a net income of -$98K in fiscal year 2023.
What are WORLDWIDE NFT INC's total assets?
WORLDWIDE NFT INC (WNFT) had $0 in total assets as of fiscal year 2023, including both current and long-term assets.
What is WORLDWIDE NFT INC's debt-to-equity ratio?
WORLDWIDE NFT INC (WNFT) had a debt-to-equity ratio of -1.00 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is WORLDWIDE NFT INC's debt-to-equity ratio negative or unusual?
WORLDWIDE NFT INC (WNFT) has negative shareholder equity of -$275K 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 WORLDWIDE NFT INC?
WORLDWIDE NFT INC (WNFT) scores 17 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.