Sugarmade, Inc.
Industrials · Wholesale-Paper & Paper Products · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $4.7M | $4.0M | $4.4M | $4.4M | $4.4M | $4.1M |
| Operating income | −$5.2M | −$3.9M | −$12.1M | −$4.9M | −$1.2M | −$2.7M |
| Net income | −$11.1M | −$5.9M | −$21.3M | −$12.2M | −$6.3M | −$4.7M |
| Total assets | $16.9M | $19.4M | $3.5M | $21.9M | $2.2M | $1.1M |
| Total liabilities | $19.8M | $14.7M | $12.6M | $7.2M | $12.4M | $6.2M |
| Equity | −$2.3M | $4.9M | −$9.1M | $14.7M | −$10.2M | −$5.1M |
| EPS (diluted) | $0.00 | $0.00 | $-0.02 | $-0.02 | $-0.03 | $-0.02 |
| Shares out. | 11.83B | 8.68B | 2.85B | 812.7M | 299.9M | 226.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −110.6%
- Net margin
- −234.8%
- Return on equity
- 477.5%
- Return on assets
- −65.6%
- Return on capital (ROCE)
- −169.5%
- Liabilities / assets
- 117.6%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- 18.5%
- 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 · FY2022- Altman Z″ (distress)
- -23.65distress
- Accruals / assets
- −43.8%clean
- Beneish M-Score
- -5.54normal
- Piotroski F-Score
- 2/9weak
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
● 3 severe● 4 warning● 3 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- 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 ↗Feb 14, 2023
- NT 10-Kmissed a reporting deadline ↗Sep 29, 2022
- NT 10-Qmissed a reporting deadline ↗May 17, 2022
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2021
- NT 10-Kmissed a reporting deadline ↗Sep 29, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Tan ChenlongOfficer — Chief Strategy Officer | Oct 31, 2019 | Grant | 294,448 | $9.19 |
| Huang Allan James10% owner | Oct 31, 2019 | Grant | 294,448 | $9.19 |
| Chan JimmyOfficer — CEO | Oct 31, 2019 | Grant | 373,500 | $9.19 |
| Chan JimmyOfficer — CEO and Director | Nov 7, 2016 | Sell | 300,000 | $0.27 |
| Russeth Kevin | Jul 8, 2011 | Sell | 2,000 | $5.05 |
| Russeth Kevin | Jun 15, 2011 | Sell | 500 | $5.00 |
| Russeth KevinDirector | May 25, 2011 | Sell | 4,900 | $6.00 |
| Russeth KevinDirector | May 9, 2011 | J | 4.5M | $0.04 |
| Diversified Opportunities, Inc.10% owner | May 9, 2011 | J | 2.2M | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Modified shareholder rights · Amended charter or bylawsOct 19, 2023
- Director / officer changeMar 2, 2023
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 27, 2023
- Regulation FD disclosure · Other material eventFeb 23, 2023
- Director / officer changeFeb 13, 2023
- Entered a material agreement · New financial obligation · Unregistered equity saleNov 18, 2022
- Regulation FD disclosureAug 22, 2022
- Entered a material agreementAug 18, 2022
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)
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