Income Statement Logiq, Inc.

Stocks

LGIQ

US5414401035

Software

Market Closed - OTC Markets 15:44:01 2025-04-02 EDT			5-day change	1st Jan Change
0.0100 ^USD	-22.48%		+999,900.00%	+999,900.00%

25-01-15	Logiq, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
24-10-07	Logiq, Inc. agreed to acquire Evimate LLC for $5 million.	CI

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Published financial data: LOGIQ, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Revenues	34.65M	37.91M	37.35M	25.71M	-
Total Revenues	34.65M	37.91M	37.35M	25.71M	-
Cost of Goods Sold, Total	28.41M	31.55M	26.29M	19.78M	-
Gross Profit	6.24M	6.36M	11.06M	5.94M	-
Selling General & Admin Expenses, Total	6.31M	12.42M	20.46M	18.39M	16.05M
Provision for Bad Debts	-	-	-	-	-
R&D Expenses	6.41M	6.24M	7.4M	6M	-
Depreciation & Amortization - (IS)	102K	1.97M	3.78M	11M	364K
Other Operating Expenses	-72.36K	-	-	-	-
Other Operating Expenses, Total	12.75M	20.63M	31.65M	35.39M	16.41M
Operating Income	-6.51M	-14.27M	-20.59M	-29.46M	-16.41M
Other Non Operating Income (Expenses)	-	-244K	-32.56K	-3.59K	-
EBT, Excl. Unusual Items	-6.51M	-14.51M	-20.62M	-29.46M	-16.41M
Impairment of Goodwill	-	-	-	-4.67M	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Asset Writedown	-	-	-	-15.03M	-
Other Unusual Items	-	-	507K	-	-
EBT, Incl. Unusual Items	-6.51M	-14.51M	-20.11M	-49.16M	-16.41M
Income Tax Expense	27.6K	-	11.88K	-	-
Earnings From Continuing Operations	-6.54M	-14.51M	-20.13M	-49.16M	-16.41M
Earnings Of Discontinued Operations	-	-	-	-	-3.69M
Net Income to Company	-6.54M	-14.51M	-20.13M	-49.16M	-20.1M
Net Income - (IS)	-6.54M	-14.51M	-20.13M	-49.16M	-20.1M
Net Income to Common Incl Extra Items	-6.54M	-14.51M	-20.13M	-49.16M	-20.1M
Net Income to Common Excl. Extra Items	-6.54M	-14.51M	-20.13M	-49.16M	-16.41M
Per Share Items
Net EPS - Basic	-1.49	-1.14	-0.95	-1.39	-0.2
Basic EPS - Continuing Operations	-1.49	-1.14	-0.95	-1.39	-0.16
Basic Weighted Average Shares Outstanding	4.39M	12.68M	21.19M	35.28M	100M
Net EPS - Diluted	-1.49	-1.14	-0.95	-1.39	-0.2
Diluted EPS - Continuing Operations	-1.49	-1.14	-0.95	-1.39	-0.16
Diluted Weighted Average Shares Outstanding	4.39M	12.68M	21.19M	35.28M	100M
Normalized Basic EPS	-0.93	-0.72	-0.61	-0.52	-0.1
Normalized Diluted EPS	-0.93	-0.72	-0.61	-0.52	-0.1
Supplemental Items
EBITDA	-6.41M	-14.22M	-20.54M	-29.39M	-16.37M
EBITA	-6.41M	-14.27M	-20.59M	-29.46M	-16.41M
EBIT	-6.51M	-14.27M	-20.59M	-29.46M	-16.41M
EBITDAR	-	-13.93M	-20.17M	-29.2M	-
Effective Tax Rate - (Ratio)	-0.42	-	-0.06	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-4.07M	-9.07M	-12.89M	-18.41M	-10.26M
Supplemental Operating Expense Items
Selling and Marketing Expenses	390K	1.42M	2.3M	1.24M	155K
General and Administrative Expenses	5.92M	10.99M	18.17M	17.16M	15.89M
Research And Development Expense From Footnotes	6.41M	6.24M	7.4M	6M	-
Net Rental Expense, Total	-	291K	367K	192K	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	2.27M	2.01M	3.53M	10.84M	14.65M
Total Stock-Based Compensation	2.27M	2.01M	3.53M	10.84M	14.65M

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Assets
Cash And Equivalents	2.97M	3.48M	1.56M	472K	16.86K
Short Term Investments	1.62M	60K	401K	180K	-
Total Cash And Short Term Investments	4.59M	3.54M	1.96M	652K	16.86K
Accounts Receivable, Total	-	2.62M	3.97M	1.65M	-
Other Receivables	3.38M	5.68M	7.21M	-	482K
Total Receivables	3.38M	8.29M	11.17M	1.65M	482K
Prepaid Expenses	20K	145K	403K	41.59K	152K
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	10.89K	22.51K	-	-
Other Current Assets, Total	2.73M	958K	92.25K	58.12K	-
Total Current Assets	10.72M	12.95M	13.66M	2.4M	651K
Gross Property Plant And Equipment	-	225K	253K	253K	-
Accumulated Depreciation	-	-46.56K	-99.39K	-168K	-
Net Property Plant And Equipment	-	179K	154K	85.43K	-
Long-term Investments	-	-	-	-	-
Goodwill	-	5.08M	5.58M	5.58M	-
Other Intangibles, Total	612K	11.74M	14.8M	7.12M	-
Total Assets	11.33M	29.94M	34.19M	15.18M	651K
Liabilities
Accounts Payable, Total	-	1.01M	2.29M	5.07M	992K
Accrued Expenses, Total	298K	910K	1.8M	2.17M	50K
Short-term Borrowings	-	2.91M	-	-	-
Current Portion of Leases	-	364K	91.57K	16.59K	-
Unearned Revenue Current, Total	-	46.86K	10.5K	-	-
Other Current Liabilities	77.5K	278K	401K	260K	-
Total Current Liabilities	376K	5.52M	4.6M	7.52M	1.04M
Long-Term Debt	500K	517K	10K	10K	10K
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	876K	6.04M	4.61M	7.53M	1.05M
Common Stock, Total	11.13K	1.56K	2.64K	5.51K	14.39K
Additional Paid In Capital	58.06M	66.74M	82.47M	94.83M	109M
Retained Earnings	-47.61M	-62.12M	-82.25M	-131M	-132M
Comprehensive Income and Other	-	19.29M	29.35M	44.23M	22.03M
Total Common Equity	10.46M	23.9M	29.58M	7.65M	-401K
Total Equity	10.46M	23.9M	29.58M	7.65M	-401K
Total Liabilities And Equity	11.33M	29.94M	34.19M	15.18M	651K
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12.35M	16.79M	26.24M	74.4M	220M
ECS Total Common Shares Outstanding	8.56M	15.56M	26.35M	55.12M	144M
Book Value / Share	1.22	1.54	1.12	0.14	-0
Tangible Book Value	9.84M	7.09M	9.2M	-5.04M	-401K
Tangible Book Value Per Share	1.15	0.46	0.35	-0.09	-0
Total Debt	500K	3.79M	102K	26.59K	10K
Net Debt	-4.09M	253K	-1.86M	-626K	-6.86K
Debt Equivalent Oper. Leases	-	2.33M	2.94M	1.53M	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	-	3	3
Machinery, Total	-	59.17K	87.4K	87.4K	-
Full Time Employees	17	37	37	23	2
Accumulated Allowance for Doubtful Accounts (Supple)	-	54.62K	156K	603K	-

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Net Income	-6.54M	-14.51M	-20.13M	-49.16M	-20.1M
Depreciation & Amortization - CF	-	46.56K	52.82K	68.54K	-
Amortization of Goodwill and Intangible Assets - (CF)	102K	-	-	-	-
Depreciation & Amortization, Total	102K	46.56K	52.82K	68.54K	-
Amortization of Deferred Charges, Total - (CF)	-	1.92M	3.73M	10.93M	364K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-956K
Other Operating Activities, Total	-	-	-507K	-	3.08M
Change In Accounts Receivable	-550K	-271K	-1.35M	2.32M	-
Change In Accounts Payable	-3.34K	642K	1.28M	2.78M	26.82K
Change in Unearned Revenues	-	-9.1K	-36.36K	-10.5K	-
Change in Other Net Operating Assets	76.27K	314K	95.83K	17.36M	-357K
Cash from Operations	-6.92M	-11.87M	-16.86M	-15.72M	-17.94M
Cash Acquisitions	-	1.68M	7.74K	-	-
Sale (Purchase) of Intangible assets	-	-116K	-	-	-
Investment in Marketable and Equity Securities, Total	-2.73M	2.14M	-941K	7.21M	-
Other Investing Activities, Total	-	-	-	-	-482K
Cash from Investing	-2.73M	3.7M	-934K	7.21M	-482K
Short Term Debt Issued, Total	-	2.91M	-	-	-
Long-Term Debt Issued, Total	-	517K	-	-	-
Total Debt Issued	-	3.43M	-	-	-
Long-Term Debt Repaid, Total	-	-500K	-	-	-
Total Debt Repaid	-	-500K	-	-	-
Issuance of Common Stock	11.89M	8.61M	15.89M	7.54M	18.22M
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-	-2.85M	-	-141K	-260K
Cash from Financing	11.89M	8.69M	15.89M	7.4M	17.96M
Net Change in Cash	2.24M	517K	-1.9M	-1.11M	-455K
Supplemental Items
Levered Free Cash Flow	-5.39M	-6.46M	-5.57M	16.36M	-150K
Unlevered Free Cash Flow	-5.39M	-6.46M	-5.57M	16.36M	-150K
Change In Net Working Capital	3.68M	1.41M	19.51K	-12.94M	4.91M
Net Debt Issued / Repaid	-	2.93M	-	-	-

Fiscal Period: December	2019 (USD)	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)
Profitability
Return on Assets	-48.41	-43.21	-40.13	-74.59	-129.54
Return on Total Capital	-50.69	-46.14	-44.86	-98.57	-282.02
Return On Equity %	-84.06	-84.46	-75.27	-264.11	-452.48
Return on Common Equity	-84.06	-84.46	-75.27	-264.11	-452.48
Margin Analysis
Gross Profit Margin %	18	16.79	29.61	23.08	-
SG&A Margin	18.21	32.76	54.79	71.54	-
EBITDA Margin %	-18.51	-37.51	-54.99	-114.31	-
EBITA Margin %	-18.51	-37.63	-55.13	-114.57	-
EBIT Margin %	-18.8	-37.63	-55.13	-114.57	-
Income From Continuing Operations Margin %	-18.88	-38.27	-53.89	-191.21	-
Net Income Margin %	-18.88	-38.27	-53.89	-191.21	-
Net Avail. For Common Margin %	-18.88	-38.27	-53.89	-191.21	-
Normalized Net Income Margin	-11.75	-23.92	-34.51	-71.62	-
Levered Free Cash Flow Margin	-15.55	-17.05	-14.92	63.64	-
Unlevered Free Cash Flow Margin	-15.55	-17.05	-14.92	63.64	-
Asset Turnover
Asset Turnover	4.12	1.84	1.16	1.04	-
Fixed Assets Turnover	-	-	224.62	214.8	-
Receivables Turnover (Average Receivables)	-	-	11.34	9.16	-
Short Term Liquidity
Current Ratio	28.51	2.35	2.97	0.32	0.63
Quick Ratio	21.2	2.14	2.86	0.31	0.48
Operating Cash Flow to Current Liabilities	-18.4	-2.15	-3.66	-2.09	-17.21
Days Sales Outstanding (Average Receivables)	-	-	32.18	39.86	-
Average Days Payable Outstanding	-	-	22.93	67.98	-
Long Term Solvency
Total Debt/Equity	4.78	15.86	0.34	0.35	-2.5
Total Debt / Total Capital	4.56	13.69	0.34	0.35	-2.56
LT Debt/Equity	4.78	2.16	0.03	0.13	-2.5
Long-Term Debt / Total Capital	4.56	1.87	0.03	0.13	-2.56
Total Liabilities / Total Assets	7.73	20.16	13.49	49.59	161.52
Total Debt / EBITDA	-0.08	-0.27	-0.01	-0	-0
Net Debt / EBITDA	0.64	-0.02	0.09	0.02	0
Total Debt / (EBITDA - Capex)	-0.08	-0.27	-0.01	-0	-0
Net Debt / (EBITDA - Capex)	0.64	-0.02	0.09	0.02	0
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	52.86	9.41	-1.49	-31.15	-
Gross Profit, 1 Yr. Growth %	55.01	2.03	73.75	-46.32	-
EBITDA, 1 Yr. Growth %	76.64	119.28	44.43	43.11	65.61
EBITA, 1 Yr. Growth %	76.64	116.6	44.32	43.08	64.9
EBIT, 1 Yr. Growth %	67.08	116.6	44.32	43.08	64.9
Earnings From Cont. Operations, 1 Yr. Growth %	59.6	121.8	38.71	144.27	64.9
Net Income, 1 Yr. Growth %	59.6	121.8	38.71	144.27	-31.79
Normalized Net Income, 1 Yr. Growth %	67.08	122.74	42.13	46.47	64.9
Diluted EPS Before Extra, 1 Yr. Growth %	-19.35	-12.37	-16.99	46.71	-42.05
Accounts Receivable, 1 Yr. Growth %	-	-	51.46	-58.41	-
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-13.77	-44.52	-
Total Assets, 1 Yr. Growth %	106.46	164.22	14.18	-55.58	-95.71
Tangible Book Value, 1 Yr. Growth %	123.95	-27.99	29.78	-154.81	-105.5
Common Equity, 1 Yr. Growth %	104.64	128.62	23.73	-74.12	-105.23
Cash From Operations, 1 Yr. Growth %	13.72	71.59	40.76	-6.71	14.07
Levered Free Cash Flow, 1 Yr. Growth %	51.44	18.97	-12.24	-393.7	-100.87
Unlevered Free Cash Flow, 1 Yr. Growth %	51.44	18.97	-12.24	-393.7	-100.87
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	49.14	29.32	3.82	-17.65	-
Gross Profit, 2 Yr. CAGR %	20.29	25.76	33.15	-3.42	-
EBITDA, 2 Yr. CAGR %	255.58	97.92	77.96	43.77	-10.73
EBITA, 2 Yr. CAGR %	255.58	98.24	76.81	43.7	-10.72
EBIT, 2 Yr. CAGR %	547.87	91.29	76.81	43.7	-10.72
Earnings From Cont. Operations, 2 Yr. CAGR %	838.43	88.15	75.41	84.07	-9.7
Net Income, 2 Yr. CAGR %	838.43	88.15	75.41	84.07	-0.08
Normalized Net Income, 2 Yr. CAGR %	547.87	92.92	77.93	42.5	-9.68
Diluted EPS Before Extra, 2 Yr. CAGR %	483.89	-21.34	-14.71	10.35	-58.52
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-20.63	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	-30.83	-
Total Assets, 2 Yr. CAGR %	46.25	133.56	73.69	-28.79	-86.2
Tangible Book Value, 2 Yr. CAGR %	108.3	26.99	-3.33	-15.66	-79.13
Common Equity, 2 Yr. CAGR %	79.34	116.3	68.19	-43.41	-88.36
Cash From Operations, 2 Yr. CAGR %	356.38	39.69	56.11	14.59	3.16
Levered Free Cash Flow, 2 Yr. CAGR %	83.57	34.81	1.26	60.55	-83.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	83.57	34.81	1.26	60.55	-83.61
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	38.85	34.51	18.11	-9.46	-
Gross Profit, 3 Yr. CAGR %	6.77	13.87	40.07	-1.64	-
EBITDA, 3 Yr. CAGR %	110.3	203.8	78.18	65.49	4.8
EBITA, 3 Yr. CAGR %	110.3	204.13	78.34	64.76	4.78
EBIT, 3 Yr. CAGR %	168.25	351.31	74.14	64.76	4.78
Earnings From Cont. Operations, 3 Yr. CAGR %	125.97	480.22	69.97	95.88	4.19
Net Income, 3 Yr. CAGR %	125.97	480.22	69.97	95.88	11.47
Normalized Net Income, 3 Yr. CAGR %	168.25	353.86	74.24	65.38	4.19
Diluted EPS Before Extra, 3 Yr. CAGR %	55.31	196.85	-19.92	2.19	-47.73
Total Assets, 3 Yr. CAGR %	49.43	78.13	83.99	10.25	-72.09
Tangible Book Value, 3 Yr. CAGR %	100.68	46.19	27.92	-19.98	-61.62
Common Equity, 3 Yr. CAGR %	60.01	94.45	79.55	-9.87	-74.41
Cash From Operations, 3 Yr. CAGR %	196.94	229.39	40.46	31.49	14.42
Levered Free Cash Flow, 3 Yr. CAGR %	48.84	59.32	16.14	44.41	-71.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	48.84	59.32	16.14	44.41	-71.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	69.4	71.52	23.61	10.54	-
Gross Profit, 5 Yr. CAGR %	51.87	44.74	16.63	6.61	-
EBITDA, 5 Yr. CAGR %	90.98	77.06	97.16	125.23	35.15
EBITA, 5 Yr. CAGR %	90.48	81.03	97.26	125.33	35.22
EBIT, 5 Yr. CAGR %	91.09	81.03	127.55	185.54	33.3
Earnings From Cont. Operations, 5 Yr. CAGR %	91.25	81.65	104.2	266.56	31.98
Net Income, 5 Yr. CAGR %	91.25	81.65	104.2	266.56	37.43
Normalized Net Income, 5 Yr. CAGR %	91.09	81.65	127.62	185.55	33.3
Diluted EPS Before Extra, 5 Yr. CAGR %	44.21	8.67	18.99	99.82	-38.44
Accounts Receivable, 5 Yr. CAGR %	-	29.37	-	-	-
Total Assets, 5 Yr. CAGR %	123.61	67.81	58.7	23.44	-34.71
Tangible Book Value, 5 Yr. CAGR %	115.1	127.41	49.84	17.32	-38.06
Common Equity, 5 Yr. CAGR %	117.71	112.62	63.23	18.68	-39.9
Cash From Operations, 5 Yr. CAGR %	88.79	49.82	129.6	116.31	24.15
Levered Free Cash Flow, 5 Yr. CAGR %	-	62.87	27.81	59.23	-46.94
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	62.87	27.81	59.23	-46.94