Summit Networks Inc. Income Statement
SNTW|6 years of annual SEC 10-K data (FY2015-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$11,797
FY2025
Gross Profit
-$870
-7.4% gross margin
Operating Income
-$320,220
FY2025
Net Income
-$331,073
FY2025
Summit Networks Inc. reported $11,797 in revenue and $331,073 in net loss for FY2025. Revenue has declined at a 20.6% compound annual rate over the past 10 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -27.63 (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|
| Revenue | $11.8K | $223.9K | $223.9K | $28.2K | $46.5K | $119.1K |
| Cost of Revenue | $12.7K | $163.3K | $163.3K | $21.3K | $30.3K | $88.7K |
| Gross Profit | -$870 | $60.7K | $60.7K | $6.9K | $16.2K | $30.4K |
| SG&A Expense | $320.2K | $569.3K | $94.8K | $21.1K | $25.7K | $54.8K |
| Operating Income | -$320.2K | -$370.9K | -$94.8K | -$14.2K | -$9.4K | -$22.9K |
| Interest Expense | $10.0K | - | - | - | - | - |
| Income Tax | - | $1.5K | -$1.5K | -$1.5K | -$1.5K | -$1.5K |
| Net Income | -$331.1K | -$376.0K | -$94.8K | -$14.2K | -$9.4K | -$22.9K |
| EPS (Basic) | $0.00 | -$0.02 | - | - | - | - |
| EPS (Diluted) | $0.00 | -$0.02 | -$0.28 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding | 68.9M | 61.0M | 5.0M | 5.0M | 5.0M | 4.0M |
| Gross Margin | -7.4% | 27.1% | 27.1% | 24.6% | 34.9% | 25.5% |
| Operating Margin | -2714.4% | -165.7% | -42.4% | -50.3% | -20.3% | -19.2% |
| Profit Margin | -2806.4% | -167.9% | -42.4% | -50.3% | -20.3% | -19.2% |