GLOBAL TECH INDUSTRIES GROUP, INC.
Industrials · Services-Management Services · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | $24,120 | $8,500 | — | — |
| Operating income | −$83.1M | −$13.1M | −$6.1M | −$2.6M | −$1.9M | −$3.2M |
| Net income | −$97.9M | −$13.6M | −$6.1M | −$2.8M | −$1.4M | −$3.4M |
| Total assets | $1.3M | $18.3M | $5.8M | $258,592 | $45,479 | $190,771 |
| Total liabilities | $8.3M | $8.8M | $4.5M | $2.0M | $5.8M | $5.5M |
| Equity | −$7.1M | $9.5M | $1.3M | −$1.8M | −$5.7M | −$5.3M |
| EPS (diluted) | $-0.30 | $-0.05 | $-0.03 | — | — | — |
| Shares out. | 303.9M | 240.0M | 245.1M | 208.3M | 170.8M | 125.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- —
- Return on equity
- 1387.0%
- Return on assets
- −7669.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 653.0%
- Debt / equity
- —
- Book value / share
- $-0.02
- 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 · FY2023- Altman Z″ (distress)
- -1332.95distress
- Accruals / assets
- −7327.6%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.
Signs
● 3 severe● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- 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-Kmissed a reporting deadline ↗Apr 1, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗May 16, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
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- Other material eventMay 26, 2026
- Entered a material agreement · Other material eventApr 20, 2026
- Changed auditorApr 17, 2026
- Other material eventMar 3, 2026
- Other material eventJan 5, 2026
- Other material eventNov 3, 2025
- Other material eventSep 26, 2025
- Other material eventJul 25, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.