EdgarLookup

GREENLIT VENTURES INC. — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that GREENLIT VENTURES INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
-140.6%
Profit Margin
Net income ÷ revenue
-1x
Debt-to-Equity
Total liabilities ÷ equity
+484.7%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2019 Dec 31, 2019 $34.5K Jun 29, 2020
FY2019 Dec 31, 2018 $5.9K Jun 29, 2020

Revenue

Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.

Fiscal Year Period End Value Filed
FY2021 Dec 31, 2020 $32.0K Mar 1, 2022
FY2020 Dec 31, 2019 $34.5K Mar 15, 2021
FY2019 Dec 31, 2018 $15.9K Jun 29, 2020

Gross Profit

Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.

Fiscal Year Period End Value Filed
FY2021 Dec 31, 2020 $23.8K Mar 1, 2022
FY2020 Dec 31, 2019 $19.5K Mar 15, 2021
FY2019 Dec 31, 2018 $13.4K Jun 29, 2020

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($48.5K) Apr 15, 2026
FY2025 Dec 31, 2024 ($227.5K) Apr 15, 2026
FY2024 Dec 31, 2023 ($63.6K) Mar 27, 2025
FY2023 Dec 31, 2022 ($55.5K) Mar 8, 2024
FY2022 Dec 31, 2021 ($67.6K) Mar 30, 2023
FY2021 Dec 31, 2020 ($105.4K) Mar 1, 2022
FY2020 Dec 31, 2019 ($59.5K) Mar 15, 2021
FY2020 Dec 31, 2018 ($127.1K) Mar 15, 2021
FY2018 Dec 31, 2017 ($13.6K) Mar 28, 2019
FY2017 Dec 31, 2016 ($3.3K) Apr 2, 2018

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 ($57.3K) Mar 8, 2024
FY2023 Dec 31, 2022 ($54.0K) Mar 8, 2024
FY2022 Dec 31, 2021 ($67.6K) Mar 30, 2023
FY2021 Dec 31, 2020 ($105.4K) Mar 1, 2022
FY2020 Dec 31, 2019 ($64.0K) Mar 15, 2021
FY2020 Dec 31, 2018 ($137.9K) Mar 15, 2021
FY2018 Dec 31, 2017 ($13.6K) Mar 28, 2019

R&D Expense

Spending on research and development activities — developing new products, improving existing ones, or conducting basic research. High R&D relative to revenue is common in technology and pharmaceutical companies.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $0 Mar 8, 2024
FY2023 Dec 31, 2022 $11.0K Mar 8, 2024
FY2022 Dec 31, 2021 $0 Mar 30, 2023

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $0 Apr 15, 2026
FY2025 Dec 31, 2024 $0 Apr 15, 2026
FY2024 Dec 31, 2023 $0 Mar 27, 2025
FY2023 Dec 31, 2022 $0 Mar 8, 2024
FY2022 Dec 31, 2021 ($11.9K) Mar 30, 2023
FY2021 Dec 31, 2020 ($50.3K) Mar 1, 2022
FY2020 Dec 31, 2019 ($62.9K) Mar 15, 2021
FY2020 Dec 31, 2018 ($84.9K) Mar 15, 2021
FY2018 Dec 31, 2017 ($17.3K) Mar 28, 2019

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $0 Apr 15, 2026
FY2025 Dec 31, 2024 $0 Apr 15, 2026
FY2024 Dec 31, 2023 $0 Mar 27, 2025
FY2023 Dec 31, 2022 $0 Mar 8, 2024
FY2022 Dec 31, 2021 $0 Mar 30, 2023
FY2021 Dec 31, 2020 $66.2K Mar 1, 2022
FY2020 Dec 31, 2019 $153.9K Mar 15, 2021
FY2019 Dec 31, 2018 $249.1K Jun 29, 2020
FY2018 Dec 31, 2017 $6.0K Mar 28, 2019

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $237.4K Apr 15, 2026
FY2025 Dec 31, 2024 $188.9K Apr 15, 2026
FY2024 Dec 31, 2023 $154.1K Mar 27, 2025
FY2023 Dec 31, 2022 $90.5K Mar 8, 2024
FY2022 Dec 31, 2021 $35.1K Mar 30, 2023
FY2020 Dec 31, 2020 $136.0K Mar 15, 2021
FY2020 Dec 31, 2019 $118.4K Mar 15, 2021
FY2020 Dec 31, 2018 $154.1K Mar 15, 2021
FY2018 Dec 31, 2017 $19.1K Mar 28, 2019
FY2017 Dec 31, 2016 $1.0K Apr 2, 2018

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($237.4K) Apr 15, 2026
FY2025 Dec 31, 2024 ($188.9K) Apr 15, 2026
FY2025 Dec 31, 2023 ($154.1K) Apr 15, 2026
FY2024 Dec 31, 2022 ($90.5K) Mar 27, 2025
FY2023 Dec 31, 2021 ($35.1K) Mar 8, 2024
FY2022 Dec 31, 2020 ($69.9K) Mar 30, 2023
FY2021 Dec 31, 2019 $35.6K Mar 1, 2022
FY2020 Dec 31, 2018 $95.0K Mar 15, 2021
FY2019 Dec 31, 2017 ($13.1K) Jun 29, 2020
FY2018 Dec 31, 2016 ($1.0K) Mar 28, 2019

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($771.7K) Apr 15, 2026
FY2025 Sep 30, 2025 ($771.7K) Apr 15, 2026
FY2025 Dec 31, 2024 ($723.2K) Apr 15, 2026
FY2024 Dec 31, 2023 ($495.7K) Mar 27, 2025
FY2023 Dec 31, 2022 ($432.1K) Mar 8, 2024
FY2022 Dec 31, 2021 ($376.6K) Mar 30, 2023
FY2021 Dec 31, 2020 ($309.0K) Mar 1, 2022
FY2020 Dec 31, 2019 ($203.6K) Mar 15, 2021
FY2020 Dec 31, 2018 ($144.1K) Mar 15, 2021
FY2018 Dec 31, 2017 ($17.0K) Mar 28, 2019

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2021 Dec 31, 2020 $11.9K Mar 1, 2022
FY2020 Dec 31, 2019 $57.7K Mar 15, 2021
FY2019 Dec 31, 2018 $244.1K Jun 29, 2020

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 0 Apr 15, 2026
FY2025 Dec 31, 2024 0 Apr 15, 2026
FY2024 Dec 31, 2023 0 Mar 27, 2025

Shares Outstanding

Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 4.08M Apr 15, 2026
FY2025 Dec 31, 2024 4.08M Apr 15, 2026
FY2024 Dec 31, 2023 229,579 Mar 27, 2025
FY2023 Dec 31, 2022 6.73M Mar 8, 2024
FY2022 Dec 31, 2021 6.73M Mar 30, 2023
FY2021 Dec 31, 2020 6.73M Mar 1, 2022
FY2020 Dec 31, 2019 6.73M Mar 15, 2021
FY2019 Dec 31, 2018 6.73M Jun 29, 2020
FY2018 Dec 31, 2017 6.50M Mar 28, 2019
FY2018 Nov 19, 2017 20.00M Mar 28, 2019