KINETIC GROUP INC.
Industrials · Services-Advertising · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $10,350 | $55,950 |
| Operating income | −$95,061 | −$121,776 | −$52,857 | −$21,000 | −$37,241 | −$90,075 |
| Net income | −$95,061 | −$121,776 | −$52,857 | −$21,000 | −$37,241 | −$90,075 |
| Total assets | $21 | $113 | $563,665 | $0 | $19 | $7,632 |
| Total liabilities | $21 | $113 | $43,902 | $0 | $5,022 | $28,417 |
| Equity | −$244,973 | −$151,913 | −$30,237 | $0 | −$5,003 | −$20,785 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 26.4M | 26.3M | 26.3M | 26.0M | 29.1M | 5.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- —
- Return on equity
- 38.8%
- Return on assets
- −452671.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 100.0%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- —
- 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 · FY2024- Accruals / assets
- −452233.3%clean
- Piotroski F-Score
- 1/7weak
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. What these scores mean →
Signs
● 2 severe● 2 warning● 2 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Apr 6, 2026
- NT 10-Q/Amissed a reporting deadline ↗Apr 6, 2026
- NT 10-K/Amissed a reporting deadline ↗Apr 6, 2026
- NT 10-Q/Amissed a reporting deadline ↗Apr 6, 2026
- NT 10-Q/Amissed a reporting deadline ↗Apr 6, 2026
- NT 10-Q/Amissed a reporting deadline ↗Apr 6, 2026
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- Changed auditorSep 3, 2024
- Changed auditor · Prior financials not reliable (restatement)May 3, 2024
- Entered a material agreement · Changed auditor · Director / officer changeNov 28, 2023
- Other material eventJun 23, 2023
- Change in control · Director / officer changeAug 3, 2022
- Changed auditor · Change in control · Director / officer change · Other material eventJul 25, 2022
- Change in control · Director / officer changeMay 26, 2022
- Changed auditorSep 1, 2021
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 ↗- NT 10-QApr 6, 2026
- NT 10-Q/AApr 6, 2026
- NT 10-K/AApr 6, 2026
- NT 10-Q/AApr 6, 2026
- NT 10-Q/AApr 6, 2026
- NT 10-Q/AApr 6, 2026
- NT 10-QFeb 17, 2026
- NT 10-Q/ADec 18, 2025
- NT 10-Q/ADec 18, 2025
- NT 10-Q/ADec 18, 2025
- NT 10-KDec 18, 2025
- NT 10-Q/AOct 31, 2025
- NT 10-Q/AOct 31, 2025
- NT 10-Q/AOct 31, 2025
- NT 10-Q/AOct 1, 2025
Event-driven situations (1)
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