SNTW · Summit Networks Inc. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“The Company had accumulated deficit of $1,984,746 and a working capital deficiency of $1,040,552 as of June 30, 2026. The Company has never generated consistent net income since inception. There is no guarantee that Company will generate consistent revenue and net income in the future. The ability of the Company to continue as a going concern is dependent on the undertaking of its shareholders to provide continuing financial support to enable the Company to meet its liabilities as and when they fall due. These conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
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 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $11.8K | — | — | — | — | — | — | $28.19K | $28.19K | $46.54K | $119.08K | |
| — | — | $1900 | $1900 | — | — | — | — | — | — | — | — | |
| — | $12.67K | — | — | — | — | — | — | $21.27K | $21.27K | $30.3K | $88.69K | |
| — | -$870 | — | — | — | — | — | — | $6927 | $6927 | $16.24K | $30.39K | |
| — | -7.37% | — | — | — | — | — | — | 24.57% | 24.57% | 34.89% | 25.52% | |
| $286.18K | $320.22K | $230.55K | $165.36K | $108.21K | $572.68K | $131.53K | — | — | — | — | — | |
| — | — | — | — | — | — | — | $370.9K | $94.82K | $21.12K | $25.68K | $54.77K | |
| — | $2259 | — | — | $3322 | $2214 | — | — | — | — | — | — | |
| -$285.43K | -$320.22K | -$230.55K | -$165.36K | -$108.21K | -$572.68K | -$131.53K | -$370.9K | -$94.82K | -$14.19K | -$9447 | -$24.38K | |
| — | -2714.42% | — | — | — | — | — | — | — | -50.34% | -20.3% | -20.48% | |
| — | -$317.96K | — | — | -$104.88K | -$570.47K | — | — | — | — | — | — | |
| — | $9983 | — | — | — | — | — | — | — | — | — | — | |
| — | -$9983 | $14.4K | $189.14K | — | — | — | — | — | — | — | — | |
| — | -$331.07K | -$314.58K | — | — | — | -$131.53K | -$375.99K | -$94.82K | -$14.19K | -$9447 | -$24.38K | |
| — | — | — | — | — | — | — | — | — | — | -$1478 | -$1478 | |
| -$307.96K | -$331.07K | -$216.15K | $23.78K | -$108.21K | -$454.07K | -$131.53K | -$375.99K | -$94.82K | -$14.19K | -$9447 | -$22.9K | |
| — | -2806.42% | — | — | — | — | — | — | — | -50.34% | -20.3% | -19.23% | |
| USD/shares | -$0.05 | -$0.05 | $0.00 | $0.00 | $0.00 | -$0.01 | $0.00 | -$0.06 | — | — | — | — |
| USD/shares | -$0.05 | -$0.05 | $0.00 | $0.00 | $0.00 | -$0.01 | $0.00 | -$0.06 | — | — | — | — |
| shares | — | 68.91M | 88.71M | 67.14M | 62.05M | 61.91M | 62.74M | 61.04M | — | 5M | 5M | 5M |
| shares | — | 68.91M | 88.71M | 67.14M | 62.05M | 61.91M | 62.74M | 61.04M | 5.36M | 5M | 5M | 5M |
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 |
|---|---|---|---|
| Current portion of notes payable | 2022-06-30 | USD 579,000 | 10-Q/A filed 2022-08-17 |
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
Peer medians compare against the 8 similar-size Furnishings, Fixtures & Appliances companies (of 33 listed).