Financial Gravity Companies, Inc. income statement FGCO

Annual Quarterly

In Q3 of fiscal 2022, the quarter ended Jun 30, 2022, Financial Gravity Companies, Inc. reported revenue of $1.3 million, down 19.7% from the same quarter a year earlier. Net income was $46,996, a profit margin of 3.5%. The operating loss came to $291,784, an operating margin of -21.7%.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Jun 30, 2022	Q3 FY2022 Jun 30, 2022	Q2 FY2022 Mar 31, 2022	Q1 FY2022 Dec 31, 2021	Q4 FY2021 Sep 30, 2021	Q3 FY2021 Jun 30, 2021	Q2 FY2021 Mar 31, 2021	Q1 FY2021 Dec 31, 2020	Q4 FY2020 Sep 30, 2020
Revenue	6 -5.8%	1 -19.7%	2 -6.3%	2 -6.5%	2 +11.7%	2 +77.0%	2 +172.8%	2 +147.1%	1 +45.5%
Cost of revenue	—	—	—	—	0 -33.1%	0 +65.2%	0 +54.9%	0 +195.9%	0 +183.5%
Gross profit	2 -68.2%	1 +204.3%	1 -11.1%	2 -6.5%	-2 -259.6%	2 +77.2%	2 +179.4%	2 +151.4%	1 +44.1%
Selling, general and administrative	0 -90.8%	0 -93.2%	0 -81.6%	0 -92.4%	0 -24.5%	0 +103.5%	0 +122.8%	0 +197.9%	0 +124.6%
Operating income	-1 +23.8%	-0 +26.8%	-0 -281.2%	-0 +61.1%	-0 +95.5%	-0 -51.6%	-0 +34.8%	-0 -16.8%	-0 -321.7%
Other income (expense)	0	0 +105.0%	-0 +49.4%	—	0	-7	-0 +45.6%	-0 -100.7%	—
Pretax income	—	0 +100.7%	—	—	—	-7	-0	-0	—
Income tax	—	—	0 +100.0%	0 -100.0%	—	-0	-0	0	—
Net income	-0 +94.3%	0 +100.7%	-0 -283.5%	-0 +61.5%	-0 +95.2%	-7 -2522.7%	-0 +36.0%	-0 -1514.0%	-0 -307.3%
Net income to common	—	0	0	—	—	—	—	—	—
Basic EPS	—	0.00	0.00	0.00	—	0.00	—	—	—
Diluted EPS	—	—	—	—	—	-0.08	—	—	—
Weighted average shares, basic	—	—	92	—	—	—	—	—	—
Weighted average shares, diluted	—	—	98	—	—	—	—	—	—
Other measures
Depreciation and amortization	0 -48.5%	0 +0.6%	0 -33.2%	0 -37.8%	0 -72.6%	0 -44.1%	0 +47.7%	0 +35.8%	0 -19.5%
EBITDA	-1 +18.9%	-0 +28.3%	-0 -421.6%	-0 +66.5%	0 +102.7%	-0 -68.1%	-0 +47.8%	-0 -13.2%	-0 -1332.7%
Interest coverage	—	—	—	—	-2.75x	-259.03x	-90.11x	-168.93x	—
Margins
Gross margin	33.16%	88.25%	94.95%	100.00%	-140.03%	98.26%	100.00%	100.00%	98.00%
Operating margin	-12.69%	-21.66%	-25.23%	-4.58%	-0.93%	-23.76%	-6.20%	-11.01%	-23.17%
Pretax margin	—	3.49%	—	—	—	-424.62%	-6.27%	-11.08%	—
Profit margin	-7.23%	3.49%	-25.26%	-4.68%	-1.05%	-424.17%	-6.17%	-11.38%	-24.63%
EBITDA margin	-11.27%	-20.05%	-23.86%	-3.21%	0.43%	-22.47%	-4.29%	-8.94%	-17.60%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.

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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)

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