Financial Gravity Companies, Inc. (FGCO) stock analysis
FGCOOTCFinance ServicesFiscal year ends September 30
Financials through Q3 FY2022, quarter ended Jun 30, 2022Last filing: 10-Q on Aug 15, 2022
$0.05+0.00 (0.00%)
Close on Oct 19, 2026Market cap –P/E –Yield –
Margins
Share of revenue, fiscal years 2007 to 2021
Gross margin
0.0%−97.3 pts over 5 years
Operating margin
-10.5%+66.6 pts over 5 years
Net margin
-111.2%−33.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2021
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +81.0% | +19.7% | +19.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2012 | FY2016 | FY2021 | Trend |
|---|---|---|---|---|
| Return on equity | 40.5% | -132.6% | -154.2% | |
| Return on assets | -1620.2% | -114.5% | -104.6% | |
| Current ratio | 0.02 | 0.66 | 0.54 | |
| Debt to equity | – | – | 0.20 | |
| Net debt to EBITDA | – | – | -0.22× | |
| Interest coverage | – | -250.9× | -75.7× | |
| Capex to revenue | – | 0.0% | 0.1% | |
| Diluted shares | – | 32M | 85M |
Where the cash went
Fiscal 2017 to 2021, five years combined
Financial Gravity Companies generated $2.97M from operations and spent $97.63K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$2.97M
Used
$97.63K
Capital expenditure$97.63K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-111.2%
×Asset turnover0.94×
×Equity multiplier1.47×
=Return on equity, FY2021-154.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2021 | -111.2% | 0.94× | 1.47× | -154.2% |
| FY2020 | -21.5% | 0.64× | 1.33× | -18.2% |
| FY2019 | -15.3% | 2.31× | 2.10× | -74.2% |
| FY2018 | -39.1% | 1.87× | 1.97× | -144.4% |
| FY2017 | -27.6% | 1.58× | 1.32× | -57.7% |
| FY2016 | -77.4% | 1.48× | 1.16× | -132.6% |
| FY2015 | -72.1% | 1.61× | 1.09× | -126.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2021 against fiscal 2020
1of 9 tests passed in fiscal 2021. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$7.42M
- Cash generatingOperating cash flow above zero-$487.07K
- Return on assets improvedROA up on the prior year-45.2% → -75.4%
- Earnings backed by cashOperating cash flow above net income-$487.07K vs -$7.42M
- Less leverageLong-term debt to assets fell7.2% → 10.0%
- Better liquidityCurrent ratio rose0.66 → 0.54
- No dilutionShare count did not rise57M → 85M
- Gross margin improvedGross margin up on the prior year100.00% → 0.00%
- More efficientAsset turnover rose2.11 → 0.68
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