Financial Gravity Companies, Inc. FGCO

FY2021 · ended Sep 30, 2021 · Revenue $6.67M, +81.0% YoY · Filed Dec 30, 2021

Financial Gravity Companies, Inc. (FGCO) files with the SEC under industry code 6199, Finance Services. In fiscal 2021, which ended Sep 30, 2021, it reported revenue of $6.7 million and a net loss of $7.4 million. Free cash flow was -$495,183. As of Jun 30, 2022 it held $207,983 in cash and investments and $197,958 in total debt.

Revenue (TTM)
$6.12M
-5.8% vs year-ago TTM
Net income (TTM)
$-442,581
+94.3% vs year-ago TTM
Operating cash flow (TTM)
$-145,077
+74.7% vs year-ago TTM
Free cash flow (TTM)
$-151,596
+73.9% vs year-ago TTM
EPS
—
Dividend per share
None
Shares outstanding
91.81M
+9.8% vs prior year
Net cash
$10,025
as of Jun 30, 2022
Operating margin
-12.7%
FY 2022

Company profile

Industry
Finance Services (SIC 6199)
Listed as
FGCO (OTC)
Fiscal year ends
September 30
Incorporated in
NV
Headquarters
Lakeway, TX
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1377167
Former names
PACIFIC OIL Co (until Oct 12, 2016); PRAIRIE WEST OIL & GAS, LTD. (until Sep 30, 2013); KAT Racing, Inc. (until Jan 28, 2013)

Other Finance Services companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2021
Sep 30, 2021
FY 2020
Sep 30, 2020
FY 2019
Sep 30, 2019
FY 2019
Sep 30, 2018
FY 2017
Sep 30, 2017
Revenue
$6.7M
$3.7M
$4.1M
$3.9M
$3.5M
Operating income
-$701,910
-$911,790
-$477,862
-$1.4M
-$924,472
Net income
-$7.4M
-$791,675
-$623,485
-$1.5M
-$975,975
Operating cash flow
-$487,071
-$549,491
$89,640
-$1.1M
-$745,311
Free cash flow
-$495,183
-$553,831
$50,287
-$1.1M
-$749,354
Total assets
$4.3M
$9.8M
$1.8M
$1.8M
$2.4M
Total liabilities
$2.2M
—
—
—
—
Stockholders' equity
$2.2M
$7.5M
$1.2M
$446,260
$1.7M
Cash and investments
$306,057
$482,854
$36,053
$32,220
$444,420
Total debt
$326,201
$712,982
$23,534
$676,233
$281,031

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K/A Amended current report
Officer or director change
Feb 5, 2025 Jan 29, 2025
8-K Current report
Officer or director change
Feb 4, 2025 Jan 29, 2025
8-K Current report
Agreement ended
Aug 26, 2024 Aug 20, 2024
10-Q Quarterly report Aug 15, 2022 Jun 30, 2022
10-Q Quarterly report May 16, 2022 Mar 31, 2022
8-K Current report
Auditor change
Apr 8, 2022 Apr 7, 2022

Source: SEC EDGAR filings. This is company-reported data, not investment advice.