GPO Plus Inc (GPOX) Q4 2024 Earnings Report

GPO Plus Inc reported QQ4 2024 revenue of $1.08 million, up 131% YoY, and gross profit of $0.25 million (gross margin ~23.1%). Despite top-line growth, the quarter delivered a significant operating loss of $1.56 million and a net loss of $1.86 million, translating to an EPS of -$0.043. The results reflect a steep burn on largely fixed costs, material stock-based compensation, and interest burden, culminating in a severely strained liquidity position. The balance sheet shows entrenched negative equity and high short-term indebtedness, with total current liabilities exceeding current assets by a wide margin and a cash balance that dwindled to $69k by period end. The combination of negative profitability, weak liquidity ratios (current ratio ~0.13; quick ratio ~0.038; cash ratio ~0.016) and a heavy debt load creates a high-risk execution environment for GPOX in the near term.