SRX Global Inc. (SRXH) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

Per the Roarable RQD rating, SRXH scores 18 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." Across the five pillars: Fundamental Cash Engine scores 2/20 (ROIC -35%; FCF yield 0%); Whale 13F Flow scores 3/20 (institutional accumulation and options positioning); Insider Conviction scores 3/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit scores 8/20 (Beta 1.0; sector sensitivity); and Forensic Balance Sheet scores 2/20 (Altman Z 0.2; Piotroski F 1/9; Debt/Equity 0.5). Taken together, the weakest pillars sit in cash generation and balance-sheet forensics, which are the areas where the reported numbers are most concerning. For a prospective investor evaluating the stock today, the rating points to high fundamental and forensic risk, with the stock's $1.01 price and $20.5M market capitalization reflecting a very small equity value relative to reported losses. The upside case rests mainly on the possibility that the cited balance-sheet and buyback developments improve the forensic picture, but the source data does not establish that. Investor implications are analytical only and not personalized financial advice.

Per the company profile, SRX Global Inc. is a NYSE-listed issuer in the Consumer Staples sector, operating in Beverages (Production/Distribution). Per the profile, market capitalization is $0.0B. Not available in source data: specific products, customers, or revenue model details beyond the sector and industry classification.

Per the market data, gross margin is 23.4%, while operating and net margins are each -60%, and ROIC is -35%. Per the Roarable RQD rating, the Altman Z-Score is 0.2 and the Piotroski F-Score is 1/9, with Debt/Equity at 0.5. Reported revenue declined from $38.6M (FY 2023) to $6.5M (FY 2025), and net income was $-45.0M in FY 2025. Per the financials, filing dates are 2025-09-30 for FY 2025 and 2024-12-31 for FY 2024.

Per the news feed, six items reference SRXH. The highest-impact item is a headline titled "SRX Global Provides Update on Balance Sheet and Share Buyback," tagged as a CATALYST with a GREEN light, sourced to Quantisnow. Other items are market-wire pieces from Yahoo! Finance Canada, Yahoo Finance Singapore, ChartMill, Stock Titan, and Yahoo Finance UK, several tagged YELLOW. One Stock Titan headline states that SRX Global has no crypto exposure and reports preliminary, unaudited balances of about $34 million; this is a risk watch item because the figure is unaudited. The remaining items are general quote, history, or technical-analysis pages with no specific fundamental content. Per the Butterfly Supply-Chain Graph, no proprietary signals are present.

• What drove the sharp revenue decline from $35.0M (FY 2024) to $6.5M (FY 2025), and is it structural or one-time?
• The $-45.0M FY 2025 net income is far larger than the $-11.4M operating loss. What non-operating items account for the gap?
• What are the terms, size, and timing of the share buyback referenced in the news feed, and how is it funded given low cash and negative FCF?
• Are the preliminary, unaudited balances of about $34 million reconciled to the reported filings, and when will audited figures be released?
• What is the nature of the FY 2025 debt and cash position, given that debt is listed as N/A while the RQD rating reports Debt/Equity of 0.5?