Accredited Solutions, Inc. Income Statement
ASII|5 years of annual SEC 10-K data (FY2012-FY2023)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Accredited Solutions, Inc. reported $688,875 in revenue and $1M in net loss for FY2023. Revenue has grown at a 18.3% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -44.83 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2012 |
|---|---|---|---|---|---|
| Revenue | $688.9K | $483.0K | $0 | $415.8K | $0 |
| Cost of Revenue | $550.8K | $387.9K | $0 | $342.8K | - |
| Gross Profit | $138.1K | $95.1K | $0 | $73.0K | - |
| SG&A Expense | $261.0K | $275.2K | $0 | $423.8K | $971.7K |
| Operating Income | -$148.8K | -$206.3K | $0 | -$1.3M | -$3.7M |
| Interest Expense | $398.8K | $783.2K | $0 | $67.7K | -$274 |
| Income Tax | $0 | $0 | $0 | $0 | - |
| Net Income | -$1.5M | -$31.7K | -$30 | -$1.5M | -$3.7M |
| EPS (Diluted) | - | - | - | -$1.00 | -$0.01 |
| Shares Outstanding | 339.3M | 102.5M | 22.3M | 2.0M | 116.8M |
| Gross Margin | 20.0% | 19.7% | - | 17.5% | - |
| Operating Margin | -21.6% | -42.7% | - | -316.3% | - |
| Profit Margin | -216.1% | -6.6% | - | -351.6% | - |