Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
GSIW · Nasdaq · United States · Security & Commodity Brokers, Dealers, Exchanges & Services
In shortGarden Stage Ltd is loss-making.
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it. Bank or insurer: tests that do not apply to them are left out.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -190.1% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -89.5% | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -58.2% | n/a |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | n/a |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 4 | 58/100 |
| Revenue growth volatility | 147.9% | 0/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | 30.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 310.2% | 100/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2.3 | 3.3 | 1.4 | 5.5 | 7.3 |
| Pre-tax income | (0.5) | (0.2) | (4.6) | (4.3) | (14) |
| Income tax | 0 | (0) | 0 | 0 | (0) |
| Net income | (0.5) | (0.2) | (4.6) | (4.3) | (14) |
| Diluted EPS | $0.06 | $0.02 | $0.49 | $0.47 | $1.38 |
| Diluted shares (millions) | 9.2 | 11 | 9.3 | 9.3 | 10 |
Not computed: the model does not apply to banks and insurers.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Mar 31, 2026 · Data updated Jul 31, 2026