In fiscal 2021, which ended Sep 30, 2021, Financial Gravity Companies, Inc. reported revenue of $6.7 million, up 81.0% from the year before. It recorded a net loss of $7.4 million. The operating loss came to $701,910, an operating margin of -10.5%. Over the twelve months ended Jun 30, 2022, revenue was $6.1 million and the net loss was $442,581. Across the 6 fiscal years shown, revenue grew from $2.8 million in fiscal 2016 to $6.7 million in fiscal 2021, about 19.3% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2022
Jun 30, 2022
|
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
|
FY 2016
Sep 30, 2016
|
FY 2015
Sep 30, 2015
|
FY 2013
Sep 30, 2014
|
FY 2012
Sep 30, 2012
|
FY 2011
Sep 30, 2011
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6
-5.8%
|
7
+81.0%
|
4
-5.1%
|
4
|
4
|
4
+28.1%
|
3
|
—
|
0
|
0
|
0
|
| Cost of revenue |
—
|
0
+45.9%
|
0
-15.0%
|
0
|
0
|
—
|
—
|
—
|
—
|
0
|
0
|
| Gross profit |
2
-68.2%
|
0
-100.0%
|
4
-3.0%
|
4
|
4
|
—
|
—
|
—
|
—
|
0
|
0
|
| Selling, general and administrative |
0
-90.8%
|
1
+69.7%
|
1
-33.7%
|
1
|
1
|
1
+38.6%
|
1
+97.2%
|
0
|
0
+916.1%
|
0
-26.4%
|
0
|
| Operating income |
-1
+23.8%
|
-1
+23.0%
|
-1
+35.5%
|
-0
|
-1
|
-1
+56.5%
|
-2
|
—
|
—
|
—
|
—
|
| Income tax |
—
|
-0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
0
|
| Net income |
-0
+94.3%
|
-7
-837.6%
|
-1
+47.9%
|
-1
|
-2
|
-1
+54.3%
|
-2
-126.2%
|
-1
|
-0
-903.0%
|
-0
-1.8%
|
-0
|
| Basic EPS |
—
|
-0.09
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Other measures | |||||||||||
| Depreciation and amortization |
0
-48.5%
|
0
-33.3%
|
0
+47.3%
|
0
|
0
|
0
-35.0%
|
0
|
—
|
—
|
—
|
—
|
| EBITDA |
-1
+18.9%
|
-1
+20.7%
|
-1
+42.7%
|
-0
|
-1
|
-1
+58.2%
|
-2
|
—
|
—
|
—
|
—
|
| Interest coverage |
—
|
-75.72x
|
—
|
-4.47x
|
-13.22x
|
-17.95x
|
-250.93x
|
—
|
—
|
—
|
—
|
| Margins | |||||||||||
| Gross margin |
33.16%
|
0.00%
|
100.00%
|
98.65%
|
97.79%
|
—
|
—
|
—
|
—
|
—
|
—
|
| Operating margin |
-12.69%
|
-10.52%
|
-24.73%
|
-11.73%
|
-36.37%
|
-26.19%
|
-77.14%
|
—
|
—
|
—
|
—
|
| Profit margin |
-7.23%
|
-111.24%
|
-21.47%
|
-15.30%
|
-39.12%
|
-27.64%
|
-77.44%
|
—
|
—
|
—
|
—
|
| EBITDA margin |
-11.27%
|
-8.85%
|
-20.21%
|
-8.95%
|
-33.46%
|
-23.36%
|
-71.57%
|
—
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
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
Source: SEC EDGAR filings. This is company-reported data, not investment advice.