{ "ok": true, "cik": "894556", "ticker": "CITR", "name": "CitroTech Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-14", "items": [ "1.01 Entry into a Material Definitive Agreement", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826007113/0001683168-26-007113-index.htm" }, { "form": "10-Q", "filed": "2026-08-10", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826006119/0001683168-26-006119-index.htm" }, { "form": "8-K", "filed": "2026-06-17", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826004914/0001683168-26-004914-index.htm" }, { "form": "8-K", "filed": "2026-06-01", "items": [ "1.01 Entry into a Material Definitive Agreement", "3.02 Unregistered Sales of Equity Securities", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826004423/0001683168-26-004423-index.htm" }, { "form": "10-Q", "filed": "2026-05-15", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826003943/0001683168-26-003943-index.htm" }, { "form": "8-K", "filed": "2026-04-21", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826003093/0001683168-26-003093-index.htm" } ], "events12m": 8, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 4, "latest": { "filed": "2026-06-17", "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826004914/0001683168-26-004914-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000894556.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=894556" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up CitroTech Inc. ($CITR). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-14. 8 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 2381407, "revenueGrowth1y": 1.9459295967698038, "revenueGrowthPerYear": null, "yearsOfData": 5, "operatingMargin": -6.926993579845864, "operatingMarginPrior": -6.562174345474609, "netMargin": -15.468856436552004, "operatingCashFlow": -5868915, "capitalSpending": 193953, "freeCashFlow": -6062868, "researchAndDevelopment": 198505, "researchShareOfRevenue": 0.08335618397023273, "cash": 6268591, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 0 }, { "fiscalYearEnd": "2022-12-31", "revenue": 62732 }, { "fiscalYearEnd": "2023-12-31", "revenue": 520645 }, { "fiscalYearEnd": "2024-12-31", "revenue": 808372 }, { "fiscalYearEnd": "2025-12-31", "revenue": 2381407 } ], "totalEquity": 11262914, "totalAssets": 14183519, "equityRatio": 0.7940845991745772, "returnOnEquity": -3.270702679608492, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": -2.96, "sharesOutstanding": 12443122, "bookValuePerShare": 0.9051517778255328, "revenuePerShare": 0.19138340040385363, "range80": { "low": 3765824.907224278, "high": 14469501.372080185, "baseline": 7509495.641891015, "n": 2483, "band": "b000", "bandLabel": "under $50M", "method": "v4.1", "credibility": 0.25, "growthYears": 2, "ownVolatility": 0.4528810328426561, "classVolatility": 0.3000583276631395, "volatility": 0.34467601813465026 }, "ifPaceHeld": { "low": 3765824.907224278, "high": 14469501.372080185 } }, "edgarette": "🔖 Exposure: revenue $2.4M (FY2025). Experience: revenue up 194.6% on the year; operating margin -692.7%, down from -656.2%. Soundness: equity 79.4% of assets, return on equity -327.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $3.8M and $14.5M next year (method v4.1: its own 2-year record of growth weighed at 25% against under $50M filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $3.4M to $15.9M. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, chemicals & allied products): operating margin -692.7% against a 0.1% median; growth 194.6% against 0.4%.", "peers": { "sic": 2800, "sicDescription": "Chemicals & Allied Products", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "2800", "growth": [ 0.0045, 11 ], "opMargin": [ 0.0008, 9 ], "equityRatio": [ 0.392, 11 ], "returnOnEquity": [ -0.1105, 10 ] }, "summary": "CitroTech (CITR) grew revenue 195% in FY2025 to $2 million, operating margin -693% against a 0.1% median for chemicals & allied products, equity 79.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
CitroTech Inc. against its own record and its peers
Operating marginPeer median 0.1%-692.7%Revenue, on the yearPeer median 0.4%194.6%Equity of assetsPeer median 39.2%79.4%Return on equityPeer median -11.1%-327.1%Gold tick: the median of 10–11 peers with $50M+ revenue in chemicals & allied products
", "chartHorizon": null, "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v4", "byYear": {}, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T21:58:23.478Z", "hash": "0c116c811288d954", "status": "open" }, "caution": "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.", "schema": "pops4.edgarette.card/1", "card": { "summary": "CitroTech (CITR) grew revenue 195% in FY2025 to $2 million, operating margin -693% against a 0.1% median for chemicals & allied products, equity 79.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 2381407, "totalDebt": null, "cash": 6268591 }, "experience": { "revenueGrowth1y": 1.9459295967698038, "revenueGrowthPerYear": null, "operatingMargin": -6.926993579845864, "operatingMarginPrior": -6.562174345474609, "netMargin": -15.468856436552004, "freeCashFlow": -6062868 }, "soundness": { "equityRatio": 0.7940845991745772, "returnOnEquity": -3.270702679608492, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 2800, "sicDescription": "Chemicals & Allied Products", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "2800", "growth": [ 0.0045, 11 ], "opMargin": [ 0.0008, 9 ], "equityRatio": [ 0.392, 11 ], "returnOnEquity": [ -0.1105, 10 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 4, "latest": { "filed": "2026-06-17", "url": "https://www.sec.gov/Archives/edgar/data/894556/000168316826004914/0001683168-26-004914-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 3765824.907224278, "high": 14469501.372080185, "baseline": 7509495.641891015, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 2483, "sizeBand": "under $50M", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.25, "growthYears": 2, "ownVolatility": 0.4528810328426561, "classVolatility": 0.3000583276631395, "pricedVolatility": 0.34467601813465026, "k": 3 }, "stress": { "low": 3433770.1893499377, "high": 15919735.419451572, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v4", "byYear": {}, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T21:58:23.478Z", "hash": "0c116c811288d954", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "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.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000894556.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=894556" }, "speedCash": { "fiscalYear": 2025, "cashConversion": -2, "growth3y": 2.3608, "volatility": 0.4529, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.7941, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "notyet", "inside": "Turns -200.0% of revenue into operating cash; revenue growing 236.1% a year over three years; no common dividend.", "outside": "Among under $50M companies: 1st percentile for cash, 97th for growth.", "emoji": "⚡", "label": "Fast, cash not yet", "plain": "growing fast, but little cash arriving so far" }, "band": "under $50M", "cashPctInClass": 1, "growthPctInClass": 97, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "cash", "text": "operating cash flow was negative" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±59%" } ], "rule": "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.", "level": 2, "name": "Weathered boat", "plain": "two warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": -5868915, "investing": -293953, "financing": 11656326, "capitalSpending": 193953, "free": -6062868, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": -24206, "free": -24206 }, { "fiscalYearEnd": "2022-12-31", "operating": -708450, "free": -713800 }, { "fiscalYearEnd": "2023-12-31", "operating": -1211764, "free": -1215779 }, { "fiscalYearEnd": "2024-12-31", "operating": -1937651, "free": -1937651 }, { "fiscalYearEnd": "2025-12-31", "operating": -5868915, "free": -6062868 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 6268591, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 14183519, "ladder": null, "currentRatio": 3.42, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": -2, "growth3y": 2.3608, "volatility": 0.4529, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.7941, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "notyet", "inside": "Turns -200.0% of revenue into operating cash; revenue growing 236.1% a year over three years; no common dividend.", "outside": "Among under $50M companies: 1st percentile for cash, 97th for growth.", "emoji": "⚡", "label": "Fast, cash not yet", "plain": "growing fast, but little cash arriving so far" }, "band": "under $50M", "cashPctInClass": 1, "growthPctInClass": 97, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "cash", "text": "operating cash flow was negative" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±59%" } ], "rule": "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.", "level": 2, "name": "Weathered boat", "plain": "two warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": -5868915, "investing": -293953, "financing": 11656326, "capitalSpending": 193953, "free": -6062868, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": -24206, "free": -24206 }, { "fiscalYearEnd": "2022-12-31", "operating": -708450, "free": -713800 }, { "fiscalYearEnd": "2023-12-31", "operating": -1211764, "free": -1215779 }, { "fiscalYearEnd": "2024-12-31", "operating": -1937651, "free": -1937651 }, { "fiscalYearEnd": "2025-12-31", "operating": -5868915, "free": -6062868 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 6268591, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 14183519, "ladder": null, "currentRatio": 3.42, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }