Frequency Holdings, Inc Income Statement
FRQN|4 years of annual SEC 10-K data (FY2021-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 4 fiscal years. All figures from audited SEC 10-K filings.
Frequency Holdings, Inc reported $5M in revenue and $4M in net income for FY2024. Revenue has grown at a 1017.2% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -74.07 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $4.8M | $3.8M | $0 | $3.5K |
| Cost of Revenue | $1.8M | $2.6M | $0 | $148.0K |
| Gross Profit | $3.0M | $1.2M | $0 | -$144.6K |
| SG&A Expense | $1.2M | $1.1M | $89.7K | $90.2K |
| Operating Income | -$5.7M | -$7.8M | -$340.3K | -$491.5K |
| Interest Expense | $1.8M | $59.5K | $108.7K | - |
| Income Tax | - | - | $0 | $0 |
| Net Income | $4.4M | -$22.9M | -$481.4K | -$602.5K |
| EPS (Basic) | -$0.07 | -$0.04 | -$0.08 | - |
| EPS (Diluted) | -$0.07 | -$0.04 | -$0.08 | $0.00 |
| Shares Outstanding | 349.5M | 14.8M | 10.2M | 810.2M |
| Gross Margin | 61.8% | 32.1% | - | -4190.3% |
| Operating Margin | -117.6% | -206.9% | - | -14245.8% |
| Profit Margin | 91.4% | -606.8% | - | -17462.4% |