GRIID Infrastructure Inc.
GRDI, GRDIWFinancials · Finance Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|
| Revenue | $19.6M | $22.4M | — | — |
| Operating income | −$11.6M | −$2.9M | −$3.7M | −$526 |
| Net income | −$18.7M | $4.8M | −$2.6M | −$526 |
| Total assets | $42.2M | $27.2M | $276.9M | $504,774 |
| Total liabilities | $101.8M | $14.4M | $18.0M | $480,300 |
| Equity | −$59.6M | −$12.4M | −$17.2M | $24,474 |
| EPS (diluted) | $-0.34 | $0.14 | $-0.08 | — |
| Shares out. | 9.4M | 34.5M | 34.5M | 6.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −59.2%
- Net margin
- −95.1%
- Return on equity
- 31.3%
- Return on assets
- −44.2%
- Return on capital (ROCE)
- −58.0%
- Liabilities / assets
- 241.3%
- Debt / equity
- —
- Book value / share
- $-6.37
- Revenue growth (YoY)
- −12.2%
- Net income growth (YoY)
- −486.0%
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 · FY2023- Altman Z″ (distress)
- -13.69distress
- Accruals / assets
- 6.3%moderate
- Piotroski F-Score
- 1/9weak
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. What these scores mean →
Signs
● 3 severe● 5 warning● 1 good- Negative shareholder equity
- 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
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 ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗May 18, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2021
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteOct 31, 2024
- Delisting / listing-standard noticeOct 8, 2024
- Entered a material agreementAug 6, 2024
- Entered a material agreementAug 6, 2024
- Other material eventJul 10, 2024
- Completed an acquisition or dispositionJul 2, 2024
- Other material eventJun 27, 2024
- Delisting / listing-standard noticeJun 13, 2024
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 (2)
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