SRX Global Inc. income statement
In fiscal 2025, SRX Global Inc. reported revenue of $6.5m, down 83.1% on the year before, operating income of −$11.4m (a -174.6% margin) and net income of −$45.0m, or −$2.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Aug 2011 | 2012Aug 2012 | 2013Aug 2013 | 2014Aug 2014 | 2015Aug 2015 | 2016Aug 2016 | 2017Aug 2017 | 2018Aug 2018 | 2019Dec 2018 | 2020Dec 2019 | 2021Dec 2020 | 2022Dec 2021 | 2023Dec 2022 | 2024Dec 2023 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 16 | 43 | 46 | 55 | 39 | 7 | 13 |
| Cost of revenue | — | — | — | — | — | — | 0 | 0 | 7 | 10 | 26 | 31 | 39 | 27 | 5 | 9 |
| Gross profit | — | — | — | — | — | — | 0 | 0 | 7 | 6 | 16 | 15 | 15 | 12 | 2 | 5 |
| Research and development | — | — | — | — | — | — | — | — | — | — | 0 | 1 | 1 | 0 | — | — |
| Selling, general and administrative | — | — | — | — | — | — | — | — | — | — | 34 | 29 | 35 | 24 | 13 | 16 |
| Selling and marketing | — | — | — | — | — | — | — | — | 5 | 10 | — | — | — | — | — | — |
| General and administrative | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 6 | 20 | — | — | — | — | — | — |
| Operating income | −0 | −0 | −0 | −0 | −0 | −0 | −1 | −1 | −5 | −36 | −27 | −17 | −39 | −21 | −11 | −12 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 9 | — | 1 | 1 | 1 | 4 |
| Net interest income | — | — | — | — | — | — | — | — | −1 | −1 | −9 | −3 | −1 | — | — | — |
| Income before tax | −0 | −0 | −0 | −0 | −0 | −1 | −2 | −1 | — | — | −59 | 3 | −39 | −23 | −9 | −21 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | −0 | 0 | — | — |
| Net income | −0 | −0 | −0 | −0 | −0 | −1 | −2 | −3 | −6 | −184 | −59 | 3 | −39 | — | −45 | −34 |
| Diluted EPS | −$4243.20 | −$0.26 | −$1.56 | $0.00 | $0.00 | −$0.01 | −$4.80 | −$235.20 | −$124.80 | −$1332.00 | −$290.40 | $5.60 | −$58.93 | — | −$2.13 | — |
| Diluted shares (average) | — | — | — | — | — | — | — | — | 48m | — | — | — | — | — | 21m | — |
| EBITDA | −0 | −0 | −0 | −0 | −0 | −0 | −1 | — | −5 | −36 | −26 | −16 | −37 | — | −11 | −14 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 7 | 7 | 3 | 4 | 3 | 3 | 3 |
| Cost of revenue | 7 | 5 | 5 | 3 | 2 | 2 | 2 | 2 |
| Gross profit | 5 | 3 | 2 | 0 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 6 | 4 | 3 | 9 | 4 | 5 | 3 | 4 |
| Operating income | −1 | −2 | −1 | −9 | −3 | −4 | −2 | −3 |
| Interest expense | — | — | — | −0 | 1 | 1 | 2 | 1 |
| Net interest income | 0 | — | 0 | −1 | — | — | — | — |
| Income before tax | 2 | −2 | −1 | −7 | −2 | −9 | −6 | −4 |
| Income tax | −0 | 0 | 0 | 0 | — | 0 | 0 | 0 |
| Net income | 2 | −4 | −10 | −15 | −15 | −9 | −6 | −4 |
| Diluted EPS | $43.80 | −$0.17 | −$0.39 | −$44.51 | $90.18 | −$15.60 | −$1.20 | −$0.36 |
| EBITDA | −1 | −1 | −1 | −8 | −6 | −4 | −2 | −3 |
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