Global Fiber Technologies Inc (ECTX) Earnings Report, Financial Results, Financial analysis

Global Fiber Technologies Inc reported break-eaven for the III. Quarter compare to earnings per share of $0.00 recorded in the same quarter a year ago an improvement compare to $0.00 realized in previous quarter.

*III. Quarter*
Earnings Per Share	Revenues
$ 0	$ 0 Mill
Unch.	Unch.

Global Fiber Technologies Inc 's Revenue fell by 0 % in III. Quarter (Sep 30 2021) year on year, to $0 million and declined by sequentially.

Global Fiber Technologies Inc is Expected to report next financial results on September 21, 2022.

More on ECTX's Income Statement

ECTX's NET INCOME

Global Fiber Technologies Inc 's in III. Quarter recorded net loss of $-1 million, an increase from net loss of $-0 million in III. Quarter a year ago.

Sequentially net loss advanced

More on ECTX's Growth

Inventories declined by 0 % to $0.06 million from III. Quarter a year ago, sequentially inventories fell by 0 %. In III. Quarter company's net cash and cash equivalents decreased by $0 million

Earnings quality

Global Fiber Technologies Inc does not pay out common stock dividend.

In trailing twelve-month period Global Fiber Technologies Inc payed $ 0.00 cash per share, on a free-cash flow basis .

Tangible Book value fell to $ -0.00 per share from $ -0.00.

Company repurchased 0.00 million shares or 0.00 % in III. Quarter.

• More on ECTX's Dividends

Market Capitalization (Millions)	312
Shares Outstanding (Millions)	1,254
Total Debt (Millions $)	1
Revenue (TTM) (Millions $)	-
Net Income (TTM) (Millions $)	-2
Cash Flow (TTM) (Millions $)	-0
Capital Exp. (TTM) (Millions $)	-0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Earnings quality

• More on ECTX's Balance Sheets

Market Capitalization (Millions)	312
Shares Outstanding (Millions)	1,254
Total Debt (Millions $)	1
Revenue (TTM) (Millions $)	-
Net Income (TTM) (Millions $)	-2
Cash Flow (TTM) (Millions $)	-0
Capital Exp. (TTM) (Millions $)	-0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

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Global Fiber Technologies Inc

ECTX's Financial Statements and Analysis