ESGH
ESG Inc.4.4000
-0.9783-18.2%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
113.96MP/E (TTM)
110.00Basic EPS (TTM)
0.04Dividend Yield
0%Recent Filings
10-K
FY2025 results
ESG Inc. posted FY2025 revenue of $6.1M, down 51.7% y/y from $12.7M, as EPA compliance construction wrecked compost quality and triggered Q4 production suspension—slashing white button mushrooms to $1.2M (20%) from prior peaks while compost held $2.7M (44%) and powder $2.2M (36%). Gross margins cratered to 8.5% from 28%, fueling a $2.2M operating loss versus $1.7M profit; Q3 already tanked on August disruptions with zero September mushroom sales. Cash dwindled to $80K amid $6.1M short-term debt, offset by $101K operating cash but reliant on $889K net borrowings. Production halt persists. PRC regulatory shifts risk choking exports.
8-K
Raises $200K in convertibles
ESG Inc. raised $200,000 gross proceeds via two convertible notes—$110,000 principal each to Monroe Street Capital and Crom Structured Opportunities, issued March 6 and 9, 2026, maturing in 12 months with 90% of lowest 10-day bid conversion pricing. Warrants for 18,333 shares each at $6.00 issued alongside. Board shrinks as John Wallace and Cathy Fleming resigned March 12; no disagreements noted. Notes signal cash needs, yet dilute shareholders heavily.
8-K
Auditor resigns over logistics
ESG Inc. swapped auditors on February 18, 2026: Boladale Lawal & Co. resigned due to regulatory, logistical snags with China operations, while Tang Qian & Associates stepped in with board approval. No disagreements or reportable events marred the prior reviews of interim quarters. Clean switch. Former auditor's confirming letter due as Exhibit 16.1.
8-K
ESG licenses Moku IP, issues shares
ESG Inc. secured an exclusive, royalty-free 10-year license on February 8, 2026, from Moku Foods for mushroom snack trademarks in North America and Asia, issuing 23,131 shares worth $100,000 into escrow with phased releases. Labrys Fund converted $11,720.52 in note interest into 2,800 shares on February 6. Chase's lien on the IP looms large. Risks persist.
10-Q
Q3 FY2025 results
ESG's Q3 revenue plunged 78% y/y to $491K from $2.2M, hit by EPA compliance construction that wrecked August composting and wiped September fresh mushroom sales, yielding a $1.7M operating loss versus $122K income last year; YTD revenue fell 36% to $4.6M with $1.1M operating loss. White button mushrooms dropped to 77% of sales while mushroom powder seasonings hit 48% YTD from China/Hong Kong. Cash flow from operations stayed positive at $255K YTD, funding $208K capex for FCF $47K (derived); cash dipped to $109K amid $6.0M short-term bank loans (due 2026, 3.6-5.6%) and $275K convertible notes added in August. Receivables concentrated at 95.8% from one customer. Production paused post-quarter for upgrades. Customer concentration risks persist.
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