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 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | FY 2021 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $132.28M | $147.59M | $193.55M | - | $185.86M | $129.58M | $111.13M | - | - | - |
| Cost of Revenue | $123.25M | $139.84M | $186.83M | - | $178.95M | $127.43M | $109.51M | - | - | - |
| Gross Profit | $9.02M | $7.75M | $6.72M | - | $6.91M | $7.28M | $6.47M | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $4.32M | $5.43M | $3.35M | - | $3.52M | $2.14M | $1.30M | - | - | - |
| Total Operating Expenses | $15.38M | $16.23M | $16.34M | - | $16.88M | $19.75M | $19.26M | - | - | - |
| D&A | $433.0K | $1.19M | $1.21M | - | $166.4K | $98.0K | $49.9K | - | - | - |
| Operating Income | ($6.36M) | ($8.48M) | ($9.62M) | - | ($9.97M) | ($11.69M) | ($12.79M) | - | - | - |
| Interest Expense | $1.49M | $1.49M | $1.54M | - | $485.5K | $267.7K | $735.1K | - | - | - |
| Income Tax | $741.0K | $242.0K | ($110.0K) | - | $2.72M | $2.01M | ($1.18M) | - | - | - |
| Net Income | ($6.95M) | ($8.85M) | ($9.21M) | - | $14.37M | ($10.08M) | ($1.60M) | - | ($14.78M) | - |
| EPS - Basic | ($0.05) | ($0.26) | ($0.05) | - | $0.06 | - | - | - | - | - |
| EPS - Diluted | ($0.05) | ($0.26) | ($0.05) | - | ($0.17) | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | FY 2021 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $51.36M | $50.14M | $36.49M | $27.72M | $36.24M | $46.58M | $26.38M | $18.24M | - | - |
| Accounts Receivable | $55.77M | $74.04M | $75.20M | - | $74.98M | $75.07M | $68.92M | $73.33M | - | - |
| Inventory | $317.0K | $118.0K | $159.0K | $111.0K | $183.8K | $168.4K | $135.8K | $111.1K | - | - |
| Accounts Payable | $73.11M | $87.95M | $80.57M | $61.64M | $82.06M | $99.75M | $89.99M | $71.43M | - | - |
| Current Assets | $126.03M | $146.60M | $132.79M | $116.51M | $130.35M | $149.54M | $128.08M | $107.94M | - | - |
| Total Assets | $187.52M | $195.86M | $183.19M | $168.45M | $187.54M | $207.31M | $186.54M | $143.61M | - | - |
| Current Liabilities | $134.78M | $148.21M | $131.34M | $123.90M | $116.53M | $157.88M | $105.89M | $89.07M | - | - |
| Long-term Debt | $0 | - | - | $0 | - | - | - | $30.56M | - | - |
| Total Liabilities | $143.95M | $151.56M | $134.66M | $127.63M | $141.65M | $182.82M | $138.43M | $121.29M | - | - |
| Stockholders' Equity | $24.11M | $27.73M | $31.96M | $24.25M | $16.57M | $7.24M | $41.26M | $15.47M | - | $8.99M |
| Retained Earnings | ($184.47M) | ($174.28M) | ($165.09M) | ($173.59M) | ($161.22M) | ($175.23M) | ($128.65M) | ($111.39M) | - | - |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | FY 2021 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $10.92M | - | - | - | ($249.7K) | - | - | - |
| Investing Cash Flow | - | - | $377.0K | - | - | - | ($266.1K) | - | - | - |
| Financing Cash Flow | - | - | ($1.56M) | - | - | - | $0 | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | FY 2021 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 6.8% | 5.2% | 3.5% | - | 3.7% | 5.6% | 5.8% | - | - | - |
| Operating margin | -4.8% | -5.7% | -5.0% | - | -5.4% | -9.0% | -11.5% | - | - | - |
| EBITDA margin | -4.5% | -4.9% | -4.3% | - | -5.3% | -8.9% | -11.5% | - | - | - |
| Net margin | -5.3% | -6.0% | -4.8% | - | 7.7% | -7.8% | -1.4% | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.3% | 3.7% | 1.7% | - | 1.9% | 1.7% | 1.2% | - | - | - |
| Effective tax rate | - | - | - | - | 15.9% | - | - | - | - | - |
| Return on assets | -3.7% | -4.5% | -5.0% | - | 7.7% | -4.9% | -0.9% | - | - | - |
| Return on equity | -28.8% | -31.9% | -28.8% | - | 86.7% | -139.4% | -3.9% | - | - | - |
| Return on invested capital | -20.8% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.94 | 0.99 | 1.01 | 0.94 | 1.12 | 0.95 | 1.21 | 1.21 | - | - |
| Quick ratio | 0.93 | 0.99 | 1.01 | 0.94 | 1.12 | 0.95 | 1.21 | 1.21 | - | - |
| Cash ratio | 0.38 | 0.34 | 0.28 | 0.22 | 0.31 | 0.30 | 0.25 | 0.20 | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | - | - | 0.00 | - | - | - | 1.98 | - | - |
| Debt / Assets | 0.00 | - | - | 0.00 | - | - | - | 0.21 | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -4.3x | -5.7x | -6.3x | - | -20.5x | -43.7x | -17.4x | - | - | - |
| Equity multiplier | 7.78 | 7.06 | 5.73 | 6.95 | 11.32 | 28.65 | 4.52 | 9.28 | - | - |
| Liabilities / Assets | 0.77 | 0.77 | 0.74 | 0.76 | 0.76 | 0.88 | 0.74 | 0.84 | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.71 | 0.75 | 1.06 | - | 0.99 | 0.63 | 0.60 | - | - | - |
| Inventory turnover | 388.82 | 1185.07 | 1175.02 | - | 973.36 | 756.55 | 806.32 | - | - | - |
| Days sales outstanding | 154d | 183d | 142d | - | 147d | 211d | 226d | - | - | - |
| Days inventory outstanding | 1d | 0d | 0d | - | 0d | 0d | 0d | - | - | - |
| Days payable outstanding | 216d | 230d | 157d | - | 167d | 286d | 300d | - | - | - |
| Cash conversion cycle | -62d | -46d | -15d | - | -20d | -74d | -73d | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -28.8% | 13.9% | 74.2% | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 30.6% | 6.4% | 3.9% | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 36.2% | 27.5% | 24.8% | - | - | - | - | - | - | - |
| Net income growth (YoY) | - | 12.3% | -476.3% | - | - | - | - | - | - | - |
| EPS growth (YoY) | 70.6% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 45.5% | 283.3% | -22.5% | 56.8% | 84.4% | - | - | -25.1% | - | - |
Peer comparison
Same SIC group: Telegraph & Other Message Communications
Comparing Charge Enterprises against the 5 most active filers in the same SIC group.