GSRX INDUSTRIES INC.
Consumer Staples · Retail-Food Stores · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|
| Revenue | $11.0M | $2.7M | — | — |
| Operating income | −$25.4M | −$16.9M | −$26.1M | — |
| Net income | −$36.3M | −$16.2M | −$26.1M | −$88,038 |
| Total assets | $8.0M | $8.6M | $7.5M | $0 |
| Total liabilities | $3.6M | $724,502 | $223,515 | $622,023 |
| Equity | $4.6M | $7.5M | $7.3M | −$622,023 |
| EPS (diluted) | $-0.56 | $-0.37 | — | — |
| Shares out. | 59.1M | 41.5M | 247,550 | 247,550 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −230.6%
- Net margin
- −329.5%
- Return on equity
- −785.8%
- Return on assets
- −450.6%
- Return on capital (ROCE)
- −408.4%
- Liabilities / assets
- 44.6%
- Debt / equity
- 0.78×
- Book value / share
- $0.08
- Revenue growth (YoY)
- 310.4%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Altman Z″ (distress)
- -51.04distress
- Accruals / assets
- −423.1%clean
- Beneish M-Score
- -21.62normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 17, 2020
- NT 10-Kmissed a reporting deadline ↗May 14, 2020
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2019
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Director / officer changeJan 8, 2021
- Entered a material agreement · Regulation FD disclosureNov 24, 2020
- Entered a material agreement · Regulation FD disclosureOct 22, 2020
- Other material eventMay 15, 2020
- Director / officer changeMay 12, 2020
- Director / officer changeMay 12, 2020
- Entered a material agreement · Regulation FD disclosureMay 12, 2020
- Director / officer change · Regulation FD disclosureMay 6, 2020
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.