CRGE · Charge Enterprises, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2023 | FY 2021 |
|---|---|---|
| Revenue | $697.83M | $84.73M |
| Cost of Revenue | $669.62M | $83.55M |
| Gross Profit | $28.21M | $1.17M |
| R&D | - | - |
| SG&A | $14.39M | $2.02M |
| Total Operating Expenses | $76.17M | $5.92M |
| D&A | $529.0K | $82.7K |
| Operating Income | ($47.96M) | ($4.75M) |
| Interest Expense | $11.90M | $244.5K |
| Income Tax | ($275.0K) | $438.1K |
| Net Income | ($30.35M) | ($34.64M) |
| EPS - Basic | ($0.35) | ($1.92) |
| EPS - Diluted | ($0.38) | - |
Balance Sheet
| Line item | FY 2023 | FY 2021 |
|---|---|---|
| Cash & Equivalents | $11.63M | $31 |
| Accounts Receivable | - | $64.13M |
| Inventory | $111.0K | $0 |
| Accounts Payable | $61.64M | $69.91M |
| Current Assets | $116.51M | $79.75M |
| Total Assets | $168.45M | $99.41M |
| Current Liabilities | $123.90M | $76.81M |
| Long-term Debt | $30.56M | - |
| Total Liabilities | $127.63M | $78.75M |
| Stockholders' Equity | $24.25M | $8.99M |
| Retained Earnings | ($173.59M) | ($52.14M) |
Cash Flow
| Line item | FY 2023 | FY 2021 |
|---|---|---|
| Operating Cash Flow | ($11.37M) | ($6.49M) |
| Investing Cash Flow | ($2.01M) | $8.75M |
| Financing Cash Flow | $22.99M | $9.38M |
| CapEx | - | - |
| Free Cash Flow | - | - |
Ratios
| Metric | FY 2023 | FY 2021 |
|---|---|---|
| Profitability | ||
| Gross margin | 4.0% | 1.4% |
| Operating margin | -6.9% | -5.6% |
| EBITDA margin | -6.8% | -5.5% |
| Net margin | -4.3% | -40.9% |
| Free cash flow margin | - | - |
| FCF / Net income | - | - |
| R&D / Revenue | - | - |
| SG&A / Revenue | 2.1% | 2.4% |
| Effective tax rate | - | - |
| Return on assets | -18.0% | -34.8% |
| Return on equity | -125.2% | -385.4% |
| Return on invested capital | -69.1% | - |
| Liquidity | ||
| Current ratio | 0.94 | 1.04 |
| Quick ratio | 0.94 | 1.04 |
| Cash ratio | 0.09 | 0.00 |
| Leverage | ||
| Debt / Equity | 1.26 | - |
| Debt / Assets | 0.18 | - |
| Debt / EBITDA | - | - |
| Interest coverage | -4.0x | -19.4x |
| Equity multiplier | 6.95 | 11.06 |
| Liabilities / Assets | 0.76 | 0.79 |
| Efficiency | ||
| Asset turnover | 4.14 | 0.85 |
| Inventory turnover | 6032.61 | - |
| Days sales outstanding | - | 276d |
| Days inventory outstanding | 0d | 0d |
| Days payable outstanding | 34d | 305d |
| Cash conversion cycle | - | -29d |
| Valuation | ||
| P / E | - | - |
| P / B | - | - |
| P / S | - | - |
| EV / EBITDA | - | - |
| Growth | ||
| Revenue growth (YoY) | - | - |
| Revenue CAGR (3y) | - | - |
| Revenue CAGR (5y) | - | - |
| Gross profit growth (YoY) | - | - |
| Operating income growth (YoY) | - | - |
| Net income growth (YoY) | - | - |
| EPS growth (YoY) | - | - |
| EPS CAGR (3y) | - | - |
| EPS CAGR (5y) | - | - |
| FCF growth (YoY) | - | - |
| FCF CAGR (5y) | - | - |
| Book value growth (YoY) | - | - |
Stability scores
Altman Z′
FY 2023 · bankruptcy risk
2.43
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2023 · 9-point quality
1/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- -ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- -No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Telegraph & Other Message Communications
Comparing Charge Enterprises against the 5 most active filers in the same SIC group.