GL Brands, Inc.
Healthcare · Medicinal Chemicals & Botanical Products · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $411,272 | $817,457 | $118,473 | $48,674 | $325,819 | $211,540 |
| Operating income | −$3.1M | −$769,769 | −$2.7M | −$999,118 | — | — |
| Net income | −$4.6M | −$910,650 | −$3.0M | −$999,118 | −$39,732 | −$48,050 |
| Total assets | $8.4M | $990,819 | $18,170 | $13,709 | $9,214 | $59,646 |
| Total liabilities | $5.4M | $653,001 | $302,560 | $244,516 | $0 | — |
| Equity | $3.0M | $187,818 | −$284,390 | −$230,807 | $0 | $48,946 |
| EPS (diluted) | — | — | — | — | $-0.00 | $-0.01 |
| Shares out. | 221.0M | 126.3M | 95.0M | 174.2M | 7.5M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −756.8%
- Net margin
- −1125.5%
- Return on equity
- −152.9%
- Return on assets
- −55.1%
- Return on capital (ROCE)
- −41.7%
- Liabilities / assets
- 64.1%
- Debt / equity
- 1.78×
- Book value / share
- $0.01
- Revenue growth (YoY)
- −49.7%
- 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 · FY2018- Altman Z″ (distress)
- -5.54distress
- Accruals / assets
- −42.0%clean
- 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● 4 warning● 1 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
- Revenue declined year-over-year
- Negative operating cash flow
- 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-Qmissed a reporting deadline ↗Nov 15, 2019
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2019
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2018
- NT 10-Kmissed a reporting deadline ↗Oct 3, 2018
- NT 10-Qmissed a reporting deadline ↗Oct 1, 2018
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 changeApr 5, 2021
- Bankruptcy or receivershipDec 21, 2020
- Regulation FD disclosureMay 26, 2020
- Other material eventMay 22, 2020
- Other material eventMay 22, 2020
- Entered a material agreement · Director / officer change · Other material eventApr 9, 2020
- Regulation FD disclosureMar 24, 2020
- Changed auditorFeb 27, 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 ↗- 15-12GFORM 15-12GJul 12, 2021
- 8-KCURRENT REPORTApr 5, 2021
- 8-KFORM 8-KDec 21, 2020
- 10-Q/AAMENDMENT NO. 1Sep 11, 2020
- 10-K/AAMENDED ANNUAL REPORTAug 31, 2020
- UPLOADJun 30, 2020
- 8-K/AAMENDMENT TO CURRENT REPORTJun 25, 2020
- 8-KFORM 8-KMay 26, 2020
- 8-KFORM 8-KMay 22, 2020
- 8-KFORM 8-KMay 22, 2020
- 8-KFORM 8-KApr 9, 2020
- 8-KFORM 8-KMar 24, 2020
- CORRESPMar 13, 2020
- UPLOADMar 11, 2020
- CORRESPMar 6, 2020
Event-driven situations (2)
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