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OTC MARKETS · Textiles, Apparel & Luxury Goods · CIK 0001338929
$0.0003
0.00% · live
Updated
$678.7K market value
From Authentic Holdings, Inc.'s FY2024 10-K, filed Apr 16, 2025 · read the filing
Authentic distributes goods wholesale to other businesses. It took in $398.6K last year, which makes it a small company. It spends more than it earns — losing about 331 cents on every dollar of sales.
The filing does not provide enough evidence for a clear financial conclusion.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
A published bankruptcy-risk model places it in its distress range. This is a statistical reading, not a forecast.
Altman Z-Score -37.63
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Significant financial weakness across most measures.
From Authentic Holdings, Inc.'s FY2024 annual filing · share price scored separately
Largest year-over-year changes in FY2024
Revenue
$0.00 → $398.6K
Gross profit
$0.00 → $271.3K
Cash
$0.00 → $5.9K
Shares in issue
2.02B → 2.26B
Measured against FY2023, from the 10-K filed Apr 16, 2025
Improved: turned positive
$0.00 to $398.6KCritical
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
How the latest move compares (quote live), and what was published around it
AHRO was unchanged on the latest quote. The S&P 500 moved −1.04%. That is 1.0 points above the market.
No filing from AHRO and no news item about it appeared in the last 3 days.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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The essentials
Each answered from the filings, with the numbers behind it.
No. It lost $1.3M last year, losing about 331 cents on every dollar of sales.
Not enough history has been reported to judge growth.
Yes. It owes more than it owns — only $0.81 in assets for every $1 of liabilities. A bankruptcy-risk model also places it in its distress range.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2024 annual filing
Last year it lost $1.3M and generated -$126.7K of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202410-K · Apr 16, 2025Filing for FY2024 | FY202310-K · Apr 16, 2025Filing for FY2023 | FY202210-K · Jun 12, 2024Filing for FY2022 | FY202110-K · Apr 21, 2023Filing for FY2021 | FY202010-K · Oct 12, 2021Filing for FY2020 | ChangeFY2024 vs FY2023 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $398.6K | $0.00 | $0.00 | $5.9K | $4.0K | n/m |
| Cost of revenue | $127.3K | $0.00 | $0.00 | $63.8K | $26.9K | n/m |
| Gross profit | $271.3K | $0.00 | $0.00 | -$58.0K | -$22.9K | n/m |
| Gross marginGross profit ÷ revenueWhat is this? | 68.1% | — | — | -990.1% | -572.5% | — |
| Selling, general and administrative | $377.3K | $173.1K | $164.3K | $88.8K | $223.9K | +118.0% |
| Operating income | -$725.9K | -$660.9K | -$415.0K | -$341.4K | -$366.2K | −9.8% |
| Operating marginOperating income ÷ revenueWhat is this? | -182.1% | — | — | -5831.4% | -9168.8% | — |
| Interest expense | — | — | $116.7K | $195.7K | $90.5K | — |
| Net income | -$1.3M | -$1.7M | -$1.2M | -$1.4M | -$1.1M | +20.4% |
| Net marginNet income ÷ revenueWhat is this? | -331.2% | — | — | -23936.4% | -28439.4% | — |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $-0.0005835 | $-0.0008192 | $-0.0007434 | $-0.0009662 | $-0.0009063 | +28.8% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Nothing recent
No insider trades, pending-sale notices or 5% stake filings from AHRO in the last few months. That is the ordinary case, not a gap.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Quarterly report for Q3 FY2025
Operating margin +64.4 pts · Profit $303.4K narrower · Gross margin +12.1 pts — against Q3 FY2024
Read the filingQuarterly report for Q2 FY2025
Revenue +255.5% · Operating margin +409.9 pts · Gross profit +293.6% — against Q2 FY2024
Read the filingWrite down why you are following Authentic Holdings, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
Coverage from the last 30 days
Primary sources and further research
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from AHRO's 10-K for fiscal year 2024 (period ending 2024-12-31, filed Apr 16, 2025), reported under the US GAAP taxonomy. View the source filing.
2 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Growth and Accounting had too few reported figures and are left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 7 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2024 | 2.0 | 3/7 | 10-K, filed Apr 16, 2025 |
| FY2023 | 2.0 | 1/7 | 10-K, filed Jun 12, 2024 |
| FY2022 | 2.0 | 3/7 | 10-K, filed Apr 21, 2023 |
| FY2021 | 4.7 | 2/7 | 10-K, filed Apr 15, 2022 |
| FY2020 | 3.3 | 3/7 | 10-K, filed Oct 1, 2021 |
| FY2019 | 2.0 | 3/7 | 10-K, filed Apr 21, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
3 of 7 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. 2 could not be evaluated and are excluded from the total rather than counted as failures.
-37.63
In the distress zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2024 filing as filed with the SEC.
Improved: turned positive
$0.00 to $271.3KCritical
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: turned positive
$0.00 to $5.9KCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +11.7%
2.02B to 2.26BCritical
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Improved: $338.3K narrower
-$1.7M to -$1.3MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: $0.00 narrower
-$0.00 to -$0.00Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: $65.0K wider
-$660.9K to -$725.9KNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Q3 FY2025 against Q3 FY2024, from the 10-Q filed Nov 25, 2025 — read it.
Improved: $303.4K narrower
-$361.0K to -$57.6KCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +12.1 pts
56.0% to 68.2%Critical
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +64.4 pts
-173.0% to -108.5%Critical
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +313.3 pts
-371.8% to -58.5%Critical
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: $0.00 narrower
-$0.00 to -$0.00Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: -94.4%
$125.00 to $7.00Critical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +23.3%
$54.4K to $67.1KSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: $61.1K narrower
-$167.9K to -$106.8KSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: +3.7%
2.25B to 2.34BNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Q3 FY2025 against Q2 FY2025, from the 10-Q filed Nov 25, 2025 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: $172.2K narrower
-$279.1K to -$106.8KCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: turned negative
$389.5K to -$57.6KCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +178.7 pts
-287.2% to -108.5%Critical
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −459.4 pts
400.9% to -58.5%Critical
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: turned negative
$0.00 to -$0.00Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: -99.7%
$2.7K to $7.00Critical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +4.0 pts
64.1% to 68.2%Significant
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +7.7%
$62.3K to $67.1KNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
Trailing P/E is not meaningful because the latest trailing earnings are zero or negative. The price-to-book and price-to-sales figures below still provide reference points.
This company has not reported enough of the required figures to calculate this score.
Quarterly report for Q1 FY2025
Revenue +281.0% · Operating margin +389.8 pts · Gross profit +1145.2% — against Q1 FY2024
Read the filingSigned a material agreement · Completed an acquisition or disposal · Sold shares outside a public offering · Changed the rights attached to its shares · Amended its charter or changed its financial year
Read the filingAnnual report for FY2024
Revenue turned positive · Gross profit turned positive · Cash turned positive — against FY2023
Read the filingSigned a material agreement · Sold shares outside a public offering · Changed the rights attached to its shares · Amended its charter or changed its financial year
Read the filingPublished results
Read the filingReported another event
Read the filingQuarterly report for Q3 FY2024
Revenue turned positive · Gross profit turned positive · Operating income $83.3K wider — against Q3 FY2023
Read the filingMade a Regulation FD disclosure
Read the filingQuarterly report for Q2 FY2024
Revenue turned positive · Gross profit turned positive · Operating income $78.2K wider — against Q2 FY2023
Read the filingQuarterly report for Q1 FY2024
Read the filingAnnual report for FY2023
Operating income $245.9K wider · Profit $500.7K wider · Free cash flow $775.5K narrower — against FY2022
Read the filingReported another event
Read the filingReported another event
Read the filingQuarterly report for Q3 FY2023
Read the filingQuarterly report for Q2 FY2023
Read the filingReported another event
Read the filingSigned a material agreement · Completed an acquisition or disposal · Sold shares outside a public offering · Changed the rights attached to its shares · Amended its charter or changed its financial year
Read the filingReported another event
Read the filing