SEAFARER EXPLORATION CORP Income Statement
SFRX|5 years of annual SEC 10-K data (FY2019-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.
SEAFARER EXPLORATION CORP reported $19,235 in revenue and $3M in net loss for FY2023. Revenue has grown at a 8.3% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -38.85 (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 | FY2019 |
|---|---|---|---|---|---|
| Revenue | $19.2K | $13.0K | $23.8K | $10.6K | $14.0K |
| SG&A Expense | $359.0K | $406.6K | $376.7K | $244.3K | $155.0K |
| R&D Expense | $325.2K | $172.9K | $439.8K | $463.5K | $444.0K |
| Operating Income | -$3.1M | -$2.4M | -$2.3M | -$2.7M | -$2.1M |
| Interest Expense | -$104.8K | -$62.3K | -$177.5K | -$286.7K | - |
| Net Income | -$3.2M | -$2.6M | -$2.6M | -$2.7M | -$2.3M |
| EPS (Diluted) | - | - | - | $0.00 | $0.00 |
| Shares Outstanding | 8.3B | 7.2B | 6.2B | 5.3B | 3.5B |
| Operating Margin | -15864.3% | -18697.1% | -9871.7% | -25411.5% | -14649.1% |
| Profit Margin | -16535.7% | -20171.2% | -11049.3% | -25050.0% | -16494.0% |