CBDY Target Group Inc.

Overview and Growth

In fiscal 2025, Target Group Inc. recorded $3.88M of revenue, net loss of $1.36M, and an operating cash outflow of $842.42K. At $3.88M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 41.1% below fiscal 2024 revenue of $6.59M, marking a top-line contraction. Diluted earnings per share were -$0.00, translating the period’s attributable earnings into the amount reported for each diluted share. The diluted weighted-average share count was 617.03M, linking total earnings with the per-share result received by shareholders. Diluted shares moved 15.2% from 727.23M in fiscal 2024, leaving the current share base lower year over year. The company employed $6.18M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 0.63x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $2.07M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The gross-profit relationship equaled 53.3% of revenue, quantifying the portion retained before operating expenses were recognized. The bottom-line result was a net loss of $1.36M after operating, financing, tax, and other recognized items. Net margin was -35.0%, reflecting a loss equal to 35.0% of reported revenue. Before income taxes, the company recorded a loss of $1.36M, bridging the operating result to the final net loss. Measured against revenue, the pretax deficit represented 35.0%. Income tax expense totaled $0.00, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-assets relationship was 22.0%, placing the bottom-line deficit against the company’s resource base. The company moved from fiscal 2024 net income of $160.50K to a current net loss of $1.36M.

Liquidity and Capital Structure

The company held $6.18M of assets against $14.24M of liabilities and -$8.06M of equity, revealing how the asset base was financed. Equity was negative at -$8.06M, meaning liabilities exceeded the residual book value available to shareholders and weakening balance-sheet resilience. At period end, current assets of $2.33M compared with current liabilities of $13.38M, defining the company’s short-term resource position. At 0.17x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $108.80K, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 0.8% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $15.21M, establishing the amount of borrowing carried within the company’s capital structure. Debt represented 246.2% of total assets, placing borrowing in the context of the company’s full resource base. Book equity represented -130.5% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 230.5%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 1.8% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $7.57M in fiscal 2024, the current asset base moved 18.4% and finished lower. The reported cash balance changed 94.2% from $1.88M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Operating activities used $842.42K of cash, resulting in an operating cash outflow for the year. Operating cash flow moved from a $2.16M inflow in fiscal 2024 to a $842.42K outflow.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.