Hypha Labs, Inc. income statement FUNI

Annual Quarterly

It recorded a net loss of $3.1 million. Diluted earnings per share were -$0.02. Over the twelve months ended Dec 31, 2022, revenue was $2.7 million and the net loss was $2.0 million. Across the 7 fiscal years shown, revenue grew from $818,583 in fiscal 2016 to $2.7 million in fiscal 2022, about 22.0% 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 2023 Dec 31, 2022	FY 2025 Sep 30, 2025	FY 2024 Sep 30, 2024	FY 2023 Sep 30, 2023	FY 2022 Sep 30, 2022	FY 2021 Sep 30, 2021	FY 2020 Sep 30, 2020	FY 2019 Sep 30, 2019	FY 2018 Sep 30, 2018	FY 2017 Sep 30, 2017	FY 2016 Sep 30, 2016
Revenue	3 +0.9%	—	—	—	3 +7.8%	3 -2.7%	3 +0.9%	3 -10.1%	3 +49.6%	2 +131.9%	1 +4989.4%
Cost of revenue	2 -8.7%	—	—	—	2 -8.6%	2 +0.6%	2 +3.8%	2 -17.3%	2 +128.9%	1 +137.9%	0 +344.2%
Gross profit	1 +19.7%	—	—	—	1 +49.0%	1 -10.1%	1 -5.2%	1 +9.1%	1 -22.5%	1 +126.7%	0 +731.3%
Selling, general and administrative	0 -69.0%	1 +50.1%	1 +813.6%	0 -79.2%	0 -46.9%	1 -37.0%	1 -11.4%	2 -18.6%	2 +63.5%	1 -0.2%	1 -19.4%
Operating income	-1 -62.1%	-3 -64.3%	-2 -317.7%	-0 +62.0%	-1 -48.9%	-1 +64.8%	-2 -18.9%	-2 -4.8%	-2 -35.6%	-1 +55.0%	-3 +16.2%
Interest expense	—	0 -47.4%	0	—	—	—	—	—	—	—	—
Pretax income	—	-3 -128.7%	-1	—	—	—	—	—	—	—	—
Income tax	—	—	0	—	—	—	—	—	—	—	—
Net income	-2 -252.2%	-3 -294.9%	-1 -418.3%	0 +112.0%	-2 -199.7%	-1 +70.3%	-2 -27.9%	-2 -9.2%	-2 -55.3%	-1 +71.2%	-4 +14.6%
Basic EPS	—	-0.02 -100.0%	-0.01	0.00 +100.0%	-0.03	—	—	—	—	—	—
Diluted EPS	—	-0.02 -100.0%	-0.01	0.00	—	—	—	—	—	—	—
Weighted average shares, basic	—	135 +33.3%	101 +20.8%	84 +13.1%	74	—	—	—	—	—	—
Weighted average shares, diluted	—	135 +33.3%	101 +20.8%	84	—	—	—	—	—	—	—
Other measures
Depreciation and amortization	—	0 +934.2%	0	—	—	—	—	—	—	—	—
EBITDA	—	-3 -63.8%	-2	—	—	—	—	—	—	—	—
Interest coverage	—	-28.28x	-9.06x	—	—	—	—	—	—	—	—
Margins
Gross margin	40.08%	—	—	—	39.48%	28.56%	30.91%	32.90%	27.12%	52.37%	53.57%
Operating margin	-38.14%	—	—	—	-42.61%	-30.85%	-85.16%	-72.21%	-61.93%	-68.34%	-352.13%
Profit margin	-74.07%	—	—	—	-76.19%	-27.42%	-89.71%	-70.73%	-58.23%	-56.11%	-451.88%

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.

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Company profile

Industry: Services-Testing Laboratories (SIC 8734)
Listed as: FUNI (OTC)
Fiscal year ends: September 30
Incorporated in: NV
Headquarters: Las Vegas, NV
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1502966
Former names: Digipath, Inc. (until Mar 1, 2024); DigiPath,Inc. (until Sep 18, 2018)

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