Financial Gravity Companies, Inc.

FGCO · Other · $6.4M mkt cap · FY2021 filings · · No moat ·

Doesn't clear the bar

No moat
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The five investor questions

40

2017–2020 (latest 4 aligned FYs; v3 window cap 5): revenue $3.5M to $3.7M, increasing; diluted EPS -0.03 to -0.01, increasing. Latest-filed diluted EPS remains usable for Business Trend, but an integer share-count change lacks enough evidence to confirm a comparable EPS basis; valuation growth therefore stays at 0%.

70

Median gross margin 97.9% over 5y, variable.

0

Median ROIC -48.8%, above the 12% hurdle in 0% of years.

28

Net debt/EBITDA n/ax, interest coverage -76x.

44

Owner earnings changed trend unclear over up to the ten most recent annual observations, share count n/a.

Price vs. value if growth stopped today

A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.

Above value if growth stopped todayBelow value if growth stopped today
No price data
Not reported
Unavailable — insufficient owner-earnings data
Unavailable — insufficient growth-model data
$0.07
No price data

This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. The recent FY revenue series does not trigger the three-consecutive-declines flag.

Among the current top-score group, the median current price is 238% above the zero-growth estimate across 49 of the current top 50 companies by Moat Score with both values.

Score records captured Sep 4, 2026.

Exactly which 50 companies?

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Missing a usable price or zero-growth estimate: ANF.

Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

17 years of fundamentals

The business, in plain English

Financial Gravity Companies, Inc. booked $6.7M of revenue in FY2021 in the Other sector and kept 0.0% of it as gross profit — a thin-margin business by that measure. After every other cost, −111.2% of each revenue dollar reached the bottom line.

It earned −30.0% on invested capital in the latest filed year, FY2021. Across the full 7-year measurable filed record, median ROIC was −48.8%. Over the v3 recent window (7 measurable filed years), median ROIC was −48.8%. The Returns on Capital filter above scores it 0/100.

FGCO's latest filed year, FY2021, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

Put together: Pricing Power is the strongest of the five filters (70/100) and Returns on Capital the weakest (0/100), which is how FGCO lands at 36/100 — a None moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2005–FY2021 · 17 fiscal years, normalized from FGCO’s SEC filings

Sales, as filed$6.7M FY2021
$0$2.5M$5M2005201120172021
Revenue kept after cost of goods0.0% FY2021
0%50%100%2005201120172021
Standard ROIC or separately labeled Operating ROICStandard ROIC −20.4% FY2020

Exact FY and FY-1 financing invested-capital inputs are required.. Current-year EBIT, tax expense, and non-zero pretax income are required for standard ROIC.

−20%−10%0%2005201120172021
Cash an owner could take out−$7.3M FY2021
−$5M$02005201120172021

The explained ROIC gaps have filed inputs but no meaningful positive invested-capital denominator. Other gaps mean the item is not in the filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Flagship explainer

How Financial Gravity Companies, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$6.7M · 100%Cost of revenue$106630 · 2%Gross profit$0 · 0%Operating income−$701910 · −11%Income before tax−$7.4M · −111%Income tax−$7658 · −0%Net income−$7.4M · −111%As of 2021-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$6.7M100%
Cost of revenue$1066302%
$00%
−$701910−11%
Income before tax−$7.4M−111%
Income tax−$7658−0%
−$7.4M−111%
Source: · event Sep 30, 2021 · retrieved Sep 4, 2026 · annual-row source set
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Flagship explainer

What Financial Gravity Companies, Inc. owns — and owes

Financial Gravity Companies, Inc.'s filing tags don't support a full breakdown — here's what is filed:

Table alternative
Filed lineValue% of assetsSource
Total assets$4.3M100%
Cash and equivalents$3060577%
Stockholders’ equity$2.2M49%
Source: · event Sep 30, 2021 · retrieved Sep 4, 2026 · annual-row source set

Flagship explainer

What drives Financial Gravity Companies, Inc.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−154%Tax burden100%net income ÷ pretax incomeInterest burden1059%pretax ÷ operating incomeOperating margin−11%operating income ÷ revenueAsset turnover0.94×revenue ÷ average assetsEquity multiplier1.47×average assets ÷ average equityAs of 2021-09-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$7.4MFY2021
Income before tax−$7.4MFY2021
Operating income−$701910FY2021
$6.7MFY2021
Ending assets$4.3MFY2021
Beginning assets$9.8MFY2020
$2.2MFY2021
$7.5MFY2020
Source: · event Sep 30, 2021 · retrieved Sep 4, 2026 · annual-row source set
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Flagship explainer

Where Financial Gravity Companies, Inc.'s cash went

Financial Gravity Companies, Inc.’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:

Table alternative
Filed lineValue% of cash from operationsSource
Cash from operations−$487071−100%
Depreciation and amortization$11105223%
Source: · event Sep 30, 2021 · retrieved Sep 4, 2026 · annual-row source set

Curated 19-manager tier

Who reported holding Financial Gravity Companies, Inc.

Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.

0 holding0 exited0 not holding0/19 resolved19 not retrieved

Named manager positions and quarter-over-quarter changes
ManagerReported positionQuarter-over-quarterFiling accession
Abrams CapitalNot retrievedComparison not retrievedFiling not retrieved
Akre CapitalNot retrievedComparison not retrievedFiling not retrieved
Baupost GroupNot retrievedComparison not retrievedFiling not retrieved
Berkshire HathawayNot retrievedComparison not retrievedFiling not retrieved
Brave Warrior AdvisorsNot retrievedComparison not retrievedFiling not retrieved
Dodge & CoxNot retrievedComparison not retrievedFiling not retrieved
First EagleNot retrievedComparison not retrievedFiling not retrieved
FundsmithNot retrievedComparison not retrievedFiling not retrieved
Gardner Russo & QuinnNot retrievedComparison not retrievedFiling not retrieved
Gates Foundation TrustNot retrievedComparison not retrievedFiling not retrieved
Mairs & PowerNot retrievedComparison not retrievedFiling not retrieved
Markel / Markel-GaynerNot retrievedComparison not retrievedFiling not retrieved
Oakmark / Harris AssociatesNot retrievedComparison not retrievedFiling not retrieved
Pershing SquareNot retrievedComparison not retrievedFiling not retrieved
Polen CapitalNot retrievedComparison not retrievedFiling not retrieved
Sequoia / Ruane CunniffNot retrievedComparison not retrievedFiling not retrieved
Southeastern Asset ManagementNot retrievedComparison not retrievedFiling not retrieved
Tweedy, BrowneNot retrievedComparison not retrievedFiling not retrieved
Yacktman Asset ManagementNot retrievedComparison not retrievedFiling not retrieved

Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.

Source: Filing source not retrieved · event Jun 30, 2026 · retrieved Sep 4, 2026

Flagship explainer

What Financial Gravity Companies, Inc. insiders reported

The complete Form 4 source snapshot retrieved on Sep 5, 2026 contains no transaction rows.

Verified empty: the retrieved source snapshot contains no transaction event.

Source snapshot retrieved 2026-09-05T07:00:13.498Z · SEC Form 4

Moat Score history

1 logged reading since Sep 4, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale36.2 / 100
0406080100WideNarrowShallowNo moatSep 4, 2026

Score history begins Sep 4, 2026 — the record builds forward from here.

Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars

None yet — FGCO has read No moat for every logged capture since Sep 4, 2026.

Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.

Insider activity

Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”

These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

No reported Form 4 transactions were found in the complete checked issuer window for FGCO, . The totals and cluster result below are arithmetic over that certified window.

$0
P purchases minus S sales only, Sep 6, 2025Sep 6, 2026.
0 P / 0 S
Only P and S are included; awards, gifts, exercises, withholding, and other mechanics are excluded.
No
Requires at least 3 distinct insiders with P purchases.

Transaction-code histogram

Supporting event counts for the same certified window, Sep 6, 2025Sep 6, 2026.

P
0
S
0
A
0
F
0
M
0
G
0
C
0
J
0
W
0

Retrieved .

Other context

#72 of 99 scored Other companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #70RIOT RIOT PLATFORMS, INC.36.6 out of 100, No moatNo moat
  2. #71MSTR STRATEGY INC36.4 out of 100, No moatNo moat
  3. #73HSDT SOLANA COMPANY35.4 out of 100, No moatNo moat
  4. #74BMNP BITMINE IMMERSION TECHNOLOGIES, INC.35.0 out of 100, No moatNo moat

Compare FGCO with its nearest peersAll Other companies on the Index →

Common questions about FGCO

Does Financial Gravity Companies, Inc. have an economic moat?
Based on its FY2021 SEC filings, the Moat Index scores Financial Gravity Companies, Inc. (FGCO) 36.2 out of 100 — below the Shallow-moat bar, so no moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 40, pricing power 70, returns on capital 0, balance-sheet safety 28, capital allocation 44.
How has FGCO's Moat Score changed over time?
The record logs 1 reading since Sep 4, 2026; the latest reads 36.2 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.