GAXY · Galaxy Next Generation, 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 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $3.94M | $3.77M | $2.32M | $1.88M | $2.32M | $1.13M |
| Cost of Revenue | $3.39M | $2.08M | $1.14M | $1.77M | $1.89M | $435.5K |
| Gross Profit | $554.3K | $1.70M | $1.18M | $115.7K | $426.4K | $692.7K |
| R&D | - | $0 | $90.7K | - | - | - |
| SG&A | $5.28M | $7.87M | $10.93M | $3.42M | $1.57M | $956.3K |
| Total Operating Expenses | $0 | - | - | - | - | - |
| D&A | $490.6K | $490.6K | $644.5K | $221.3K | $17.7K | $310.8K |
| Operating Income | ($4.73M) | ($6.17M) | ($9.75M) | ($5.72M) | ($1.15M) | ($574.4K) |
| Interest Expense | $8.25M | $8.25M | $5.11M | $40.2K | - | $303.8K |
| Income Tax | - | - | - | - | $0 | $0 |
| Net Income | ($6.25M) | ($24.43M) | ($14.03M) | ($6.66M) | ($1.18M) | ($763.4K) |
| EPS - Basic | ($2.00) | - | - | - | - | - |
| EPS - Diluted | ($2.00) | - | - | - | - | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $300.9K | $541.6K | $412.4K | $169.4K | $184.3K | $30.7K |
| Accounts Receivable | $452.6K | $866.1K | $798.2K | $15.3K | $51.3K | - |
| Inventory | $1.00M | $3.27M | $738.1K | $648.7K | $361.4K | - |
| Accounts Payable | $737.9K | $830.4K | $1.68M | $690.9K | $771.1K | $253.0K |
| Current Assets | $1.76M | $4.68M | $1.95M | $1.10M | $1.12M | $44.7K |
| Total Assets | $4.57M | $7.33M | $4.50M | $1.96M | $7.78M | $4.39M |
| Current Liabilities | $5.96M | $8.36M | $8.96M | $6.40M | $2.96M | $2.61M |
| Long-term Debt | $3.31M | $974.6K | $995.0K | $281.0K | $4.89M | - |
| Total Liabilities | $6.80M | $8.76M | $12.24M | $6.57M | $7.48M | $7.28M |
| Stockholders' Equity | ($2.23M) | ($1.44M) | ($7.74M) | ($4.61M) | $302.3K | ($2.89M) |
| Retained Earnings | ($54.18M) | ($47.93M) | ($23.50M) | ($9.47M) | - | ($12.48M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.18M) | ($6.32M) | ($7.37M) | ($3.91M) | ($644.7K) | ($88.0K) |
| Investing Cash Flow | ($763.0K) | ($502.7K) | $2.95M | - | ($12.0K) | ($170.0K) |
| Financing Cash Flow | $1.70M | $6.95M | $4.67M | $3.89M | $635.6K | $495.4K |
| CapEx | $259.3K | $33.2K | $17.6K | - | ($12.0K) | $0 |
| Free Cash Flow | ($1.44M) | ($6.35M) | ($7.39M) | - | ($632.7K) | ($88.0K) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 14.1% | 45.0% | 51.0% | 6.1% | 18.4% | 61.4% |
| Operating margin | -119.9% | -163.6% | -420.1% | -304.1% | -49.5% | -50.9% |
| EBITDA margin | -107.5% | -150.6% | -392.3% | -292.3% | -48.8% | -23.4% |
| Net margin | -158.6% | -647.5% | -604.6% | -354.0% | -50.8% | -67.7% |
| Free cash flow margin | -36.5% | -168.3% | -318.6% | - | -27.3% | -7.8% |
| FCF / Net income | 0.23 | 0.26 | 0.53 | - | 0.54 | 0.12 |
| R&D / Revenue | - | 0.0% | 3.9% | - | - | - |
| SG&A / Revenue | 134.0% | 208.5% | 471.1% | 181.8% | 67.9% | 84.8% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -136.9% | -333.6% | -311.8% | -339.6% | -15.1% | -17.4% |
| Return on equity | 280.2% | 1702.4% | 181.2% | 144.5% | -389.7% | 26.5% |
| Return on invested capital | - | - | - | - | -17.5% | - |
| Liquidity | ||||||
| Current ratio | 0.30 | 0.56 | 0.22 | 0.17 | 0.38 | 0.02 |
| Quick ratio | 0.13 | 0.17 | 0.14 | 0.07 | 0.25 | 0.02 |
| Cash ratio | 0.05 | 0.06 | 0.05 | 0.03 | 0.06 | 0.01 |
| Leverage | ||||||
| Debt / Equity | -1.48 | -0.68 | -0.13 | -0.06 | 16.17 | - |
| Debt / Assets | 0.72 | 0.13 | 0.22 | 0.14 | 0.63 | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -0.6x | -0.7x | -1.9x | -142.2x | - | -1.9x |
| Equity multiplier | -2.05 | -5.10 | -0.58 | -0.43 | 25.76 | -1.52 |
| Liabilities / Assets | 1.49 | 1.20 | 2.72 | 3.35 | 0.96 | 1.66 |
| Efficiency | ||||||
| Asset turnover | 0.86 | 0.52 | 0.52 | 0.96 | 0.30 | 0.26 |
| Inventory turnover | 3.38 | 0.64 | 1.54 | 2.72 | 5.24 | - |
| Days sales outstanding | 42d | 84d | 126d | 3d | 8d | - |
| Days inventory outstanding | 108d | 574d | 237d | 134d | 70d | - |
| Days payable outstanding | 80d | 146d | 540d | 143d | 149d | 212d |
| Cash conversion cycle | 70d | 512d | -177d | -6d | -71d | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 4.5% | 62.7% | 23.3% | -18.9% | 105.6% | 3.7% |
| Revenue CAGR (3y) | 27.9% | 17.6% | 27.2% | 20.1% | 26.6% | -9.0% |
| Revenue CAGR (5y) | 28.4% | 28.3% | 15.2% | 4.7% | 4.5% | -9.6% |
| Gross profit growth (YoY) | -67.3% | 43.3% | 922.9% | -72.9% | -38.4% | -9.0% |
| Operating income growth (YoY) | 23.4% | 36.7% | -70.3% | -398.3% | -99.9% | -142.1% |
| Net income growth (YoY) | 74.4% | -74.2% | -110.5% | -465.7% | -54.3% | 28.9% |
| EPS growth (YoY) | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 77.4% | 14.1% | - | - | -618.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -55.5% | 81.5% | -67.9% | - | - | -36.3% |
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
-13.21
Distress
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 2022 · 9-point quality
4/9
Neutral
- ✗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: Services-Motion Picture Theaters
Comparing GALAXY NEXT GENERATION against the 4 most active filers in the same SIC group.