Gpgi $GPGI Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up GPGI, Inc. ($GPGI). Last filing: 10-Q, 2026-08-06. 19 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2026-01-13.
🔖 Exposure: revenue $59.8M (FY2025). Experience: revenue down 85.8% on the year, down 31.3% a year over 4 years; operating margin -23.0%, down from 25.6%. Soundness: equity 47.0% of assets, return on equity -55.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $14.1M and $27.8M next year (method v4.1: its own 5-year record of growth weighed at 57% against $50M–100M filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $14.4M to $27.1M. A statistical range, not company guidance. Against peers (36 filers, $50M+ revenue, finance services): operating margin -23.0% against a -6.4% median; growth -85.8% against 16.8%.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | −$23M · −$61M · $121M · −$23M |
| Investment book (cash · short · long) | $115M · — · — · current ratio 6.33 |
| Revenue swing · equity of assets | 13.4% · 47.0% |
Gpgi is growing slower than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $60M |
| Revenue, on the year | −85.8% |
| Revenue, a year over the record | −31.3% |
| Operating margin | −23.0% |
| Operating margin, prior year | 25.6% |
| Net margin | −227.3% |
| Research and development | $1M · 2.2% of revenue |
| Total debt | — |
| Equity of assets | 47.0% |
| Return on equity | −55.9% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $-1.23 |
| Book value per share | $2.20 |
| Revenue per share | $0.54 |
| Shares outstanding | 110,517,208 |
| Audited years read | 5 |
Peers: the median of 36 filers with $50M+ revenue in finance services.
Health HarborGpgi sails as: Old boat
Health watch · 12 monthsAuditor changeDirector or officer change ×3
Sailing speed follows growth: -45.9% a year crosses the harbor in 120 seconds.
🌊 Visit the Bay →- filed auditor change in the last 12 months
- operating cash flow was negative
- revenue is hard to predict: its 80% range is ±33%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 10-Q · 2026-08-06
- 8-K · 2026-08-06 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-12 · 5.07 Submission of Matters to a Vote of Security Holders
- 8-K · 2026-06-05 · 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-04 · 5.07 Submission of Matters to a Vote of Security Holders
- 10-Q · 2026-05-07
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company