ASII · Accredited Solutions, Inc.
$0.00
At close · Sep 2
View the 10-K filed Jul 16, 2024
Going-concern doubt
— flagged Dec 5, 2024
Substantial doubt about the company's ability to continue as a going concern.
“As reflected in the financial statements, the Company had a working capital deficit of $1,227,987 at September 30, 2024, a net income of $2,119,231 for the nine months ended September 30, 2024, and $244,813 of cash used in operating activities for the nine months ended September 30, 2024, which raises substantial doubt as to the Company's ability to continue as a going concern for a period of one year from the issuance of the interim financial statements.”View the 10-Q filed Dec 5, 2024
Customer concentration
— top 3 customers 68% of revenue
3 customers — 68% of revenue (year ended December 31, 2023)
“Sales to these three customers comprised 68% of the Company's sales during the year ended December 31, 2023.”
Market Cap
$265,349
Shares
2.65B
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$688.88K
+42.6%
FY2023
Net Income
-$1.49M
-4597.7%
FY2023
Gross Margin
20.04%
+0.4pp
FY2023
Operating Margin
-21.6%
+21.1pp
FY2023
Operating Cash Flow
-$81.46K
+65.1%
FY2023
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $598.6K | $688.88K | $483.04K | $0 | $415.8K | $259.96K | — | — | — | — | — | — | $0 | $0 | — | — | — | |
| $499.03K | $550.79K | $387.91K | $0 | $342.82K | $219.76K | — | — | — | — | — | — | — | — | — | — | — | |
| $99.57K | $138.08K | $95.13K | $0 | $72.97K | $40.2K | — | — | — | — | — | — | — | — | — | — | — | |
| — | 20.04% | 19.69% | — | 17.55% | 15.46% | — | — | — | — | — | — | — | — | — | — | — | |
| $654.42K | $260.98K | $275.2K | $0 | $423.79K | — | — | — | — | — | — | — | $350.45K | $486.74K | $62.24K | — | — | |
| — | — | — | $161.31K | $0 | — | — | — | — | — | — | — | — | — | — | — | — | |
| $11.6K | $25.87K | $26.24K | $0 | $964.29K | — | — | — | — | — | — | — | $7972 | $2852 | — | — | — | |
| $666.02K | $286.86K | $301.44K | $0 | $1.39M | $194.35K | $101.12K | $1000 | $1994 | $1460 | — | — | -$1.97M | -$1.56M | — | — | — | |
| $3.1M | — | — | — | — | — | — | — | — | — | — | — | — | $1.56M | $62.24K | — | — | |
| -$566.45K | -$148.77K | -$206.32K | $0 | -$1.32M | -$154.15K | -$101.12K | -$1000 | -$1994 | -$1460 | — | — | -$1.98M | -$1.55M | — | — | — | |
| — | -21.6% | -42.71% | — | -316.29% | -59.3% | — | — | — | — | — | — | — | — | — | — | — | |
| -$554.85K | -$122.9K | -$180.08K | $0 | -$350.82K | — | — | — | — | — | — | — | -$1.97M | -$1.54M | — | — | — | |
| $440.15K | $398.82K | $783.17K | $0 | $67.71K | $341.98K | — | — | — | — | — | — | -$274 | $0 | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | $0 | $8647 | $1192 | — | — | |
| $3.22M | -$1.14M | $235.92K | $0 | -$146.85K | -$1.54M | — | — | — | — | — | — | — | $13.81K | $1192 | — | — | |
| — | — | — | -$66.66K | $0 | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | -$1.55M | -$61.05K | — | — | |
| — | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — | — | — | — | — | |
| $2.6M | -$1.49M | -$31.69K | -$30 | -$1.46M | -$1.7M | -$101.12K | -$170.33K | $43.64K | -$24.73K | $312.71K | -$1.75M | -$1.98M | -$1.53M | -$61.05K | -$93.03K | -$13.98K | |
| — | -216.09% | -6.56% | — | -351.6% | -652.98% | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | -$24.62K | $0 | — | — | — | — | — | — | — | $1757 | $18.18K | — | — | — | |
| shares | — | — | — | — | 17.78M | 1.69M | 1.44M | 143.26M | 1.43M | 1.43M | 1.38M | 1M | — | — | — | — | — |
| shares | — | — | — | — | 17.78M | 1.69M | 1.44M | 143.26M | 1.43M | 1.43M | 1.38M | 1M | — | — | — | — | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2012: $2 in buybacks.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Debt data is being processed. Please check back later.
Key facts
CIK
1464865