Slinger Bag Inc (SLBG)

Name: Slinger Bag Inc Financial Statements
Creator: Quarter Results

Consumer Cyclical | Leisure

Latest reporting period: 2025-10-31

Latest Quarter

2025-10-31

Revenue

$3.0M

Net Income

$157K

Operating Margin

1.8%

Free Cash Flow

-$379K

Debt / Assets

19.7%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Slinger Bag Inc (SLBG).
Income Statement (Quarterly)	2025-10-31	2025-07-31	2025-01-31	2024-10-31
Revenue	3,000,000	3,000,000	3,272,727	361,544
Cost of Revenue	744,231	744,231	744,231	432,428
Gross Profit	2,255,769	2,255,769	2,528,496	-70,884
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	2,201,085	764,386	1,998,205	1,297,012
Operating Expenses	2,201,085	764,386	1,998,205	1,297,012
Operating Income	54,684	1,491,383	530,291	-1,367,896
Interest Expense	0	0	0	3,162
Income Before Tax	55,477	1,510,097	530,287	-1,366,144
Income Tax Expense	-277,251	249,166	373,879	0
Net Income	156,505	882,652	-411,209	-1,366,144
Per Share
EPS	0.04	3.03	-0.07	-0.24
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Slinger Bag Inc (SLBG).
Income Statement (Annual)	2025-04-30	2024-04-30	2021-04-30	2020-04-30	2019-04-30
Revenue	12,818,182	8,398,049	10,804,214	686,179	0
Cost of Revenue	2,976,923	5,004,375	7,680,290	1,370,897	0
Gross Profit	9,841,259	3,393,674	3,123,924	-684,718	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	3,261,402	9,836,829	6,511,076	5,854,078	28,289
Operating Expenses	3,261,402	9,836,829	6,850,461	6,034,060	28,289
Operating Income	6,579,857	-6,443,155	-3,726,537	-6,917,221	-28,289
Interest Expense	0	2,419,111	13,725,955	2,310,523	0
Income Before Tax	6,645,220	-15,636,418	-18,594,760	-9,227,744	-28,289
Income Tax Expense	2,011,773	0	0	0	0
Net Income	3,491,287	-15,636,418	-18,594,760	-9,227,744	-28,289
Per Share
EPS	13.50	-32.44	-0.70	-0.37	0.00
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Slinger Bag Inc (SLBG).
Balance Sheet (Quarterly)	2025-04-30	2024-04-30	2021-04-30	2020-04-30
Assets
Cash and Cash Equivalents	54,744	229,705	928,796	79,847
Short Term Investments	1,382,857	16,500,000	0	0
Net Receivables	18,216,229	273,874	762,487	0
Inventory	0	2,420,174	3,693,216	919,644
Total Current Assets	22,396,159	19,621,624	5,584,659	1,381,001
Property Plant Equipment	0	0	0	0
Goodwill and Intangibles	10,509,635	1,000	112,853	0
Total Assets	32,905,794	21,622,624	5,697,512	1,381,001
Liabilities
Account Payables	0	4,704,596	2,050,476	989,112
Short Term Debt	777,894	2,733,804	6,143,223	2,182,128
Total Current Liabilities	6,487,171	12,022,810	24,137,779	4,486,917
Long Term Debt	0	0	10,477	1,887,914
Total Liabilities	6,487,171	12,022,810	24,148,256	6,374,831
Shareholders Equity
Retained Earnings	6,123,114	-167,387,028	-28,823,273	-10,228,513
Total Shareholders Equity	25,276,463	9,599,814	-18,450,744	-4,993,830

Balance sheet annual history for Slinger Bag Inc (SLBG).
Balance Sheet (Annual)	2025-04-30	2024-04-30	2021-04-30	2020-04-30	2019-04-30
Assets
Cash and Cash Equivalents	54,744	229,705	928,796	79,847	1,994
Short Term Investments	1,382,857	16,500,000	0	0	0
Net Receivables	18,216,229	273,874	762,487	0	0
Inventory	0	2,420,174	3,693,216	919,644	0
Total Current Assets	22,396,159	19,621,624	5,584,659	1,381,001	2,639
Property Plant Equipment	0	0	0	0	750
Goodwill and Intangibles	10,509,635	1,000	112,853	0	1,734
Total Assets	32,905,794	21,622,624	5,697,512	1,381,001	5,123
Liabilities
Account Payables	0	4,704,596	2,050,476	989,112	0
Short Term Debt	777,894	2,733,804	6,143,223	2,182,128	10,114
Total Current Liabilities	6,487,171	12,022,810	24,137,779	4,486,917	11,314
Long Term Debt	0	0	10,477	1,887,914	0
Total Liabilities	6,487,171	12,022,810	24,148,256	6,374,831	11,314
Shareholders Equity
Retained Earnings	6,123,114	-167,387,028	-28,823,273	-10,228,513	-33,091
Total Shareholders Equity	25,276,463	9,599,814	-18,450,744	-4,993,830	-6,191

Cash flow quarterly history for Slinger Bag Inc (SLBG).
Cash Flow Statement (Quarterly)	2025-04-30	2024-04-30	2021-04-30	2020-04-30
Operating Activities
Net Income	0	-15,636,418	-18,594,760	-9,227,744
Depreciation & Amortization	0	115,072	2,730	650
Stock Based Compensation	0	0	70,997	3,741,746
Change in Working Capital	-8,320,242	2,453,049	-814,727	-646,955
Operating Cash Flow	-379,388	-3,001,433	-4,517,457	-4,208,274
Investing Activities
Capital Expenditure	0	3	-30,000	0
Investments	0	3	0	0
Investing Cash Flow	0	-16,500,000	-30,000	73,400
Financing Activities
Debt Repayment	0	1,517,165	-1,000,000	0
Common Stock Issued/Repurchased	0	17,961,828	0	0
Dividends Paid	0	0	0	-332,239
Financing Cash Flow	394,781	19,478,993	5,420,000	4,217,761
Summary
Free Cash Flow	-379,388	-3,001,430	-4,547,457	-4,208,274
Net Change in Cash	15,393	27,610	848,949	77,853

Cash flow annual history for Slinger Bag Inc (SLBG).
Cash Flow Statement (Annual)	2025-04-30	2024-04-30	2021-04-30	2020-04-30	2019-04-30
Operating Activities
Net Income	0	-15,636,418	-18,594,760	-9,227,744	-28,289
Depreciation & Amortization	0	115,072	2,730	650	2,600
Stock Based Compensation	0	0	70,997	3,741,746	0
Change in Working Capital	-8,320,242	2,453,049	-814,727	-646,955	-2,099
Operating Cash Flow	-379,388	-3,001,433	-4,517,457	-4,208,274	-27,788
Investing Activities
Capital Expenditure	0	3	-30,000	0	0
Investments	0	3	0	0	0
Investing Cash Flow	0	-16,500,000	-30,000	73,400	0
Financing Activities
Debt Repayment	0	1,517,165	-1,000,000	0	0
Common Stock Issued/Repurchased	0	17,961,828	0	0	0
Dividends Paid	0	0	0	-332,239	0
Financing Cash Flow	394,781	19,478,993	5,420,000	4,217,761	9,000
Summary
Free Cash Flow	-379,388	-3,001,430	-4,547,457	-4,208,274	-27,788
Net Change in Cash	15,393	27,610	848,949	77,853	-18,788