FLZH · Flash Sports & Media Holdings, Inc. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued. Management’s plans to mitigate these conditions are not considered probable of being effectively implemented within the meaning of ASC 205-40 because they are subject to significant risks and uncertainties, including the Company’s ability to access capital markets, market acceptance of the LPL and other IPG operations, and continued compliance with Nasdaq listing standards. Accordingly, substantial doubt about the Company’s ability to continue as a going concern has not been alleviated.”View the 10-Q filed Aug 13, 2026
4 customers — 53% of revenue (2023)
“In 2023, sales to four customers individually exceeded 10% of the Company’s total revenue. Collectively, these customers represented approximately 53% of total revenue.”
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.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| — | $17.4M | $31.2MG | $69.92MG | $66.29M | $62.11MG | $25.84M | $24.19M | $20.05M | $12.3M | |
| — | $17.22M | $31.59M | $60.02M | $54.14M | $47.35M | $20.12M | $17.56M | $13.89M | $9.24M | |
| — | $174.55K | -$388.73K | $9.9M | $12.16M | $14.76M | $5.72M | $6.63M | $6.16M | $3.05M | |
| — | 1% | -1.25% | 14.16% | 18.34% | 23.76% | 22.12% | 27.39% | 30.72% | 24.83% | |
| $14.06M | $17.27M | $21.01M | $25.28M | $22.31M | $12.85M | $6.66M | $9.21M | $7.72M | $4.93M | |
| — | — | $194.99K | $1.06M | $1.06M | $271.55K | $1637 | $1879 | $974 | $0 | |
| $5.47M | $349.36K | $1.02M | $1.64M | $1.48M | $495.28K | $258.44K | $266.48K | $154.14K | $75.61K | |
| $20.22M | $18.19M | $28.03M | $33.19M | $27.09M | $14.96M | $8.46M | $12.49M | $9.96M | $5.42M | |
| -$20.05M | -$18.01M | -$28.42M | -$23.29M | -$14.93M | -$204.74K | -$2.75M | -$5.86M | -$3.8M | -$2.36M | |
| — | -103.52% | -91.08% | -33.3% | -22.52% | -0.33% | -10.63% | -24.23% | -18.95% | -19.22% | |
| -$14.57M | -$17.66M | -$27.4M | -$21.65M | -$13.45M | $290.53K | -$2.49M | -$5.59M | -$3.65M | -$2.29M | |
| $1.12M | — | — | — | — | — | — | $704.23K | $119.96K | $216.58K | |
| — | $526 | $2420 | $173.9K | $329.01K | $23.57K | — | — | — | — | |
| -$5.23M | -$3.68M | -$967.72K | -$2.06M | -$1.31M | -$670.92K | -$2.33M | -$2.49M | -$95.29K | -$214.25K | |
| -$25.25M | -$21.69M | -$29.39M | -$25.34M | -$16.24M | -$875.67K | -$5.07M | -$8.35M | -$3.9M | — | |
| — | -$14.61K | -$29.71K | $94.21K | -$983.32K | $0 | — | $0 | $0 | $0 | |
| -$23.03M | -$22.1M | -$36.5M | -$25.44M | -$15.25M | -$875.67K | -$5.07M | -$8.35M | -$3.9M | -$2.58M | |
| — | -127.01% | -116.96% | -36.38% | -23.01% | -1.41% | -19.64% | -34.52% | -19.43% | -20.96% | |
| -$28.8M | — | -$36.5M | -$25.44M | -$15.25M | -$875.67K | -$5.07M | -$8.35M | -$3.9M | -$2.58M | |
| USD/shares | -$28.24 | -$41.83 | -$73.12 | -$58.50 | -$35.25 | -$2.25 | — | — | — | — |
| USD/shares | — | — | -$65.50 | -$58.50 | -$35.25 | -$2.25 | — | — | — | — |
| shares | — | 528.27K | 499.09K | 435.27K | 431.48K | 400.81K | 190.65K | 175.45K | 993.93K | 932.61K |
| shares | — | 528.27K | 499.09K | 435.27K | 431.48K | 400.81K | 190.65K | 175.45K | 993.93K | 932.61K |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2021–FY2023: $12.05M in buybacks.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Notes payable, including current maturities | 2026-06-30 | USD 2,887,788 | 10-Q filed 2026-08-13 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Operating lease liabilities | 2026-06-30 | USD 309,573 | 10-Q filed 2026-08-13 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term borrowings | 2026-06-30 | USD 5,657,895 | 10-Q filed 2026-08-13 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2023 | FY2022 |
|---|---|---|
| Contruction Segment | $44,561,782 | $19,080,747 |
| Equipment Systems Segment | $12,720,873 | $33,119,480 |
| Services Segment | $11,919,920 | $13,084,647 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Equipments | $8,751,226 | $12,245,675 | — | — | — | — |
| Equipment Systems | $8,751,226 | $12,245,675 | $12,720,873 | $33,119,480 | $55,560,126 | $22,058,696 |
| Construction Design and Building | $8,467,451 | $18,604,827 | $44,561,783 | — | $0 | — |
| Construction | $8,467,451 | $18,604,827 | — | — | — | — |
| Other | $180,761 | $352,798 | $717,472 | $1,009,830 | $1,509,291 | — |
| Construction Design Build | — | — | $44,561,783 | $19,080,746 | — | — |
| Consumable Products | — | — | — | — | — | $1,876,252 |
| Consumables | — | $352,798 | $717,472 | — | — | — |
| Service | — | $8,805,550 | $11,919,920 | $13,084,643 | $5,043,764 | $1,902,969 |