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 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q2 '21 | Q1 '21 | Q3 '21 | Q2 '20 | Q3 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $657.2K | $619.1K | - | $1.27M | $904.1K | $1.68M | $777.5K | $876.5K | $349.2K | $624.9K |
| Cost of Revenue | $772.2K | $271.5K | - | $1.02M | $848.1K | $1.02M | $356.7K | $492.1K | $130.6K | $493.7K |
| Gross Profit | ($115.0K) | $347.6K | - | $252.6K | $56.0K | $666.0K | $420.7K | $384.4K | $218.6K | $131.2K |
| R&D | - | - | - | - | - | $15.0K | - | - | - | - |
| SG&A | $667.2K | $1.62M | - | $1.20M | $1.10M | $1.53M | $3.71M | $1.81M | $1.66M | $796.0K |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $130.1K | - | - | - | $130.1K | - | $10.0K | $10.0K | $7.8K |
| Operating Income | ($782.2K) | ($1.27M) | - | ($952.2K) | ($1.04M) | ($864.9K) | ($1.28M) | ($2.10M) | ($3.49M) | ($1.99M) |
| Interest Expense | $606.7K | $162.4K | - | $101.8K | $354.9K | $267.5K | $1.86M | $1.36M | $1.86M | $601.8K |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($1.48M) | ($1.55M) | - | ($1.08M) | ($2.46M) | ($386.0K) | ($2.89M) | ($2.82M) | ($5.26M) | ($2.02M) |
| EPS - Basic | ($0.07) | ($0.02) | - | ($0.20) | - | - | - | - | - | - |
| EPS - Diluted | ($0.13) | ($0.02) | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q2 '21 | Q1 '21 | Q3 '21 | Q2 '20 | Q3 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $170.1K | $163.1K | $300.9K | $479.6K | $354.7K | $354.3K | $742.4K | $412.4K | $194.7K | $415.8K |
| Accounts Receivable | $638.4K | $797.7K | $452.6K | $659.1K | $305.8K | $927.8K | $1.30M | $798.2K | $599.1K | $840.2K |
| Inventory | $486.6K | $950.7K | $1.00M | $947.0K | $1.38M | $3.38M | $2.21M | $738.1K | $929.2K | $429.5K |
| Accounts Payable | $883.1K | $617.8K | $737.9K | $627.2K | $634.1K | $838.3K | $906.2K | $1.68M | $1.89M | $1.75M |
| Current Assets | $1.30M | $1.92M | $1.76M | $2.09M | $2.04M | $4.66M | $4.26M | $1.95M | $1.73M | $1.71M |
| Total Assets | $3.72M | $4.64M | $4.57M | $4.92M | $4.94M | $7.20M | $6.66M | $4.50M | $3.94M | $6.36M |
| Current Liabilities | $6.87M | $6.82M | $5.96M | $4.70M | $3.81M | $7.47M | $12.05M | $8.96M | $7.61M | $8.12M |
| Long-term Debt | - | - | $3.31M | - | $2.04M | $875.7K | $1.34M | $995.0K | $408.3K | $361.0K |
| Total Liabilities | $9.63M | $7.89M | $6.80M | $5.30M | $4.87M | $7.89M | $12.77M | $12.24M | $9.85M | $8.77M |
| Stockholders' Equity | ($5.91M) | ($3.25M) | ($2.23M) | ($378.3K) | $74.1K | ($697.6K) | ($6.10M) | ($7.74M) | ($5.91M) | ($2.40M) |
| Retained Earnings | ($60.14M) | ($55.74M) | ($54.18M) | ($51.81M) | ($50.78M) | ($48.32M) | ($47.29M) | ($23.50M) | ($19.57M) | ($11.49M) |
Cash Flow
| Line item | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q2 '21 | Q1 '21 | Q3 '21 | Q2 '20 | Q3 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($501.2K) | - | - | - | ($872.8K) | - | - | - | ($3.37M) |
| Investing Cash Flow | - | ($4.2K) | - | - | - | - | - | - | - | $2.95M |
| Financing Cash Flow | - | $783.9K | - | - | - | $689.7K | - | - | - | $665.4K |
| CapEx | - | - | - | - | - | - | - | - | - | $17.6K |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | ($3.39M) |
Ratios
| Metric | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q2 '21 | Q1 '21 | Q3 '21 | Q2 '20 | Q3 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -17.5% | 56.1% | - | 19.9% | 6.2% | 39.5% | 54.1% | 43.9% | 62.6% | 21.0% |
| Operating margin | -119.0% | -205.6% | - | -75.1% | -115.1% | -51.3% | -164.5% | -239.7% | -999.9% | -318.9% |
| EBITDA margin | - | -184.5% | - | - | - | -43.6% | - | -238.5% | -997.0% | -317.6% |
| Net margin | -225.2% | -251.0% | - | -84.9% | -272.3% | -22.9% | -371.8% | -322.0% | -1506.4% | -322.8% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | -542.0% |
| FCF / Net income | - | - | - | - | - | - | - | - | - | 1.68 |
| R&D / Revenue | - | - | - | - | - | 0.9% | - | - | - | - |
| SG&A / Revenue | 101.5% | 261.7% | - | 95.0% | 121.3% | 90.9% | 477.3% | 206.0% | 476.0% | 127.4% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -39.8% | -33.5% | - | -21.9% | -49.8% | -5.4% | -43.4% | -62.7% | -133.4% | -31.7% |
| Return on equity | 25.0% | 47.8% | - | 284.8% | -3321.8% | 55.3% | 47.4% | 36.5% | 89.1% | 84.0% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.19 | 0.28 | 0.30 | 0.44 | 0.54 | 0.62 | 0.35 | 0.22 | 0.23 | 0.21 |
| Quick ratio | 0.12 | 0.14 | 0.13 | 0.24 | 0.17 | 0.17 | 0.17 | 0.14 | 0.10 | 0.16 |
| Cash ratio | 0.02 | 0.02 | 0.05 | 0.10 | 0.09 | 0.05 | 0.06 | 0.05 | 0.03 | 0.05 |
| Leverage | ||||||||||
| Debt / Equity | - | - | -1.48 | - | 27.49 | -1.26 | -0.22 | -0.13 | -0.07 | -0.15 |
| Debt / Assets | - | - | 0.72 | - | 0.41 | 0.12 | 0.20 | 0.22 | 0.10 | 0.06 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -1.3x | -7.8x | - | -9.4x | -2.9x | -3.2x | -0.7x | -1.5x | -1.9x | -3.3x |
| Equity multiplier | -0.63 | -1.43 | -2.05 | -13.00 | 66.68 | -10.32 | -1.09 | -0.58 | -0.67 | -2.65 |
| Liabilities / Assets | 2.59 | 1.70 | 1.49 | 1.08 | 0.99 | 1.10 | 1.92 | 2.72 | 2.50 | 1.38 |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | 0.13 | - | 0.26 | 0.18 | 0.23 | 0.12 | 0.19 | 0.09 | 0.10 |
| Inventory turnover | 1.59 | 0.29 | - | 1.07 | 0.61 | 0.30 | 0.16 | 0.67 | 0.14 | 1.15 |
| Days sales outstanding | 355d | 470d | - | 190d | 123d | 201d | 612d | 332d | 626d | 491d |
| Days inventory outstanding | 230d | 1278d | - | 340d | 594d | 1210d | 2259d | 547d | 2597d | 318d |
| Days payable outstanding | 417d | 831d | - | 225d | 273d | 300d | 927d | 1246d | 5285d | 1293d |
| Cash conversion cycle | 167d | 918d | - | 305d | 444d | 1111d | 1943d | -366d | -2063d | -484d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -48.2% | - | - | 63.2% | 3.1% | 169.6% | 122.6% | -45.1% | 0.2% | -13.1% |
| Revenue CAGR (3y) | 23.5% | -0.3% | - | 53.8% | - | 74.1% | - | 43.8% | 7.5% | - |
| Revenue CAGR (5y) | - | 14.2% | - | 35.2% | 24.4% | 46.6% | 24.3% | 22.8% | 3.9% | 14.6% |
| Gross profit growth (YoY) | - | - | - | -40.0% | -85.4% | 407.6% | 92.4% | 55.3% | 243.9% | -45.4% |
| Operating income growth (YoY) | 17.9% | - | - | 25.6% | 50.5% | 56.6% | 63.4% | -67.5% | -76.4% | -219.8% |
| Net income growth (YoY) | -37.4% | - | - | 62.7% | 12.8% | 80.9% | 45.1% | -124.9% | -165.3% | -219.5% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1462.4% | - | - | 93.8% | - | 71.0% | -3.3% | -67.9% | -181.2% | - |
Peer comparison
Same SIC group: Services-Motion Picture Theaters
Comparing GALAXY NEXT GENERATION against the 4 most active filers in the same SIC group.