GTII · Global Tech Industries Group, 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 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $70.1K | $947.0K | $103.3K | - | $67.5K | $130.2K | $55.2K | - | $157.1K |
| Total Operating Expenses | - | $2.08M | $7.40M | $72.63M | - | $1.48M | $981.2K | $1.14M | - | $2.57M |
| D&A | - | $267 | $267 | $268 | - | $267 | $268 | $893 | - | $1.3K |
| Operating Income | - | ($2.08M) | ($7.40M) | ($72.63M) | - | ($1.48M) | ($981.2K) | ($1.15M) | - | ($2.57M) |
| Interest Expense | - | $1.5K | $14.0K | $14.0K | - | $12.1K | $12.3K | $58.5K | - | $16.8K |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | $6.7K | ($7.43M) | ($72.59M) | - | ($1.81M) | ($977.5K) | ($1.23M) | - | ($2.77M) |
| EPS - Basic | - | $0.00 | ($0.02) | ($0.25) | - | ($0.01) | $0.00 | ($0.01) | - | - |
| EPS - Diluted | - | ($0.01) | $0.00 | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.24M | $2.85M | $4.01M | $4.27M | $3.32M | $280.9K | $354.7K | $349.8K | $359.1K | $295.1K |
| Accounts Receivable | $1.63M | - | - | - | - | - | - | - | $78.7K | - |
| Inventory | - | - | - | - | - | - | - | - | $290.7K | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $1.28M | $2.88M | $4.04M | $4.31M | $3.36M | $338.9K | $454.7K | $485.8K | $891.6K | $490.1K |
| Total Assets | $1.28M | $17.87M | $19.03M | $19.30M | $18.35M | $15.40M | $13.42M | $558.0K | $8.42M | $564.0K |
| Current Liabilities | $3.54M | $2.83M | $5.76M | $5.33M | $4.05M | $3.80M | $3.26M | $4.00M | $3.84M | $3.23M |
| Long-term Debt | $4.97M | $4.97M | $4.97M | $4.97M | $4.97M | $4.97M | $4.97M | - | $1.07M | - |
| Total Liabilities | $8.33M | $7.61M | $10.55M | $10.12M | $8.84M | $8.59M | $8.10M | $4.00M | $4.55M | $3.23M |
| Stockholders' Equity | ($7.06M) | $10.25M | $8.48M | $9.18M | $9.51M | $6.81M | $5.32M | ($3.44M) | $3.87M | ($2.67M) |
| Retained Earnings | ($345.61M) | ($327.74M) | ($327.75M) | ($320.32M) | ($247.73M) | ($238.15M) | ($236.34M) | ($235.22M) | ($234.16M) | ($232.64M) |
Cash Flow
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | ($198.2K) | - | - | - | $35.1K | - | - |
| Investing Cash Flow | - | - | - | $50.0K | - | - | - | ($183.9K) | - | - |
| Financing Cash Flow | - | - | - | $1.10M | - | - | - | $139.5K | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | - | 0.0% | -39.0% | -376.1% | - | -11.7% | -7.3% | -220.1% | - | -490.9% |
| Return on equity | - | 0.1% | -87.7% | -791.0% | - | -26.5% | -18.4% | 35.7% | - | 103.8% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.36 | 1.02 | 0.70 | 0.81 | 0.83 | 0.09 | 0.14 | 0.12 | 0.23 | 0.15 |
| Quick ratio | 0.36 | 1.02 | 0.70 | 0.81 | 0.83 | 0.09 | 0.14 | 0.12 | 0.16 | 0.15 |
| Cash ratio | 0.35 | 1.01 | 0.70 | 0.80 | 0.82 | 0.07 | 0.11 | 0.09 | 0.09 | 0.09 |
| Leverage | ||||||||||
| Debt / Equity | -0.70 | 0.48 | 0.59 | 0.54 | 0.52 | 0.73 | 0.93 | - | 0.28 | - |
| Debt / Assets | 3.89 | 0.28 | 0.26 | 0.26 | 0.27 | 0.32 | 0.37 | - | 0.13 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | -1388.7x | -528.9x | -5182.1x | - | -122.1x | -79.8x | -19.6x | - | -153.1x |
| Equity multiplier | -0.18 | 1.74 | 2.24 | 2.10 | 1.93 | 2.26 | 2.52 | -0.16 | 2.17 | -0.21 |
| Liabilities / Assets | 6.53 | 0.43 | 0.55 | 0.52 | 0.48 | 0.56 | 0.60 | 7.16 | 0.54 | 5.73 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | 25.4x | 24.9x | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -40.9% | -654.7% | -6238.3% | - | 42.4% | 28.4% | -58.2% | - | -845.3% |
| Net income growth (YoY) | - | - | -660.2% | -5809.2% | - | 34.7% | 11.3% | -81.8% | - | -772.5% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 50.5% | 59.4% | - | 145.4% | - | - | -74.1% | - | 58.9% |
Peer comparison
Same SIC group: Services-Management Services
Comparing GLOBAL TECH INDUSTRIES GROUP against the 5 most active filers in the same SIC group.