Company Analysis

Flash Sports & Media Holdings, Inc. (FLZH)

OTC: FLZH · Services-Amusement & Recreation Services · Lafayette, CO · filing with the SEC since 2017
Grade2.2
◀ Past 1.5● Present 2.4▶ Future 2.5
1 est.

The grade of Flash Sports & Media Holdings, Inc.

Nine metrics read from its own filings, by tense
Headline grade
2.2/10
◀ Past1.530% of the headline
● Present2.440% of the headline
▶ Future2.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.5/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.2/10

Has it survived what it has been through?

33 warning events since 2017; the latest 2026-08-21.

weight 33% of this tense · 2nd percentile among 24 sector filers · read for itself

From the record

Flash Sports & Media Holdings, Inc.'s filings since 2017 show 33 warning events of 5 kinds: a debt default or acceleration notice (8-K item 2.04, 3 times, the latest 2025-10-20); a notice about its exchange listing (8-K item 3.01, 13 times, the latest 2026-08-21); a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-08-14); an auditor change (8-K item 4.01, 3 times, the latest 2026-03-05); a late-report notice (Form NT 10-K or NT 10-Q, 13 times, the latest 2026-05-15) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.5/10

What has it actually done, year after year?

+4.4% a year over 5 filed years; profitable in 0 of 9.

weight 45% of this tense · 15th percentile among 21 sector filers · read for its customers

From the record

Flash Sports & Media Holdings, Inc.'s 5 filed years say what it did: revenue went from $12 million in fiscal 2017 to $17 million in fiscal 2025, up 4.4% a year; it rose in 2 of 4 years; the deepest fall was 75% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span4.4%bottom 26% of its family
  • the share of years revenue rosebottom 10% of its family
  • the share of filed years with a profitbottom 12% of its family
  • the deepest fall from a revenue peak75.1%bottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.4/10

How has it treated the people who own it?

SI estimate 3.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 34th percentile among 20 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 34% of 20 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 20 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Flash Sports & Media Holdings, Inc.'s shareholder treatment is put at 3.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 34% of 20 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.8/10

Is it financially healthy right now?

Leverage 13706%: owes 13706¢ per asset dollar.

weight 33% of this tense · 48th percentile among 24 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Flash Sports & Media Holdings, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 53 cents per dollar of everything the company owns. Leverage: it owed about 13706 cents per dollar of assets, and net share issuance: its share count grew 5.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 2% of its family
  • gross profit against assetstop 4% of its family
  • the share count against the year beforebottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.5/10

How strong is its position in its industry?

bottom 15% of 24 in its family; net margin -127%.

weight 45% of this tense · 15th percentile among 24 sector filers · read for its customers

From the record

Flash Sports & Media Holdings, Inc.'s standing among 24 graded names in its industry family: revenue of $17 million in fiscal 2025 ranks in the bottom 17% by size; a net margin of -127% ranks in the bottom 23%; revenue growth of -2% a year over the last 3 filed years ranks in the bottom 6% (its annual reports).

What it rests on

  • revenue against the family$17.4Mbottom 17% of its family
  • net margin-127.0%bottom 23% of its family
  • three-year revenue growth-2.0%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
0.7/10

What are the people in charge doing?

bottom 7% of 10 in its family for leadership.

weight 22% of this tense · 7th percentile among 10 sector filers · read for its shareholders

From the record

Flash Sports & Media Holdings, Inc.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 5 officers and directors filing in the last fifteen months have been on the record a median of 4 months (bottom 8%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 5 people in charge now (bottom 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 5 peoplebottom 6% of its family
  • the median years the people in charge have filed4 monthsbottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

2.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.8/10

How much room does it have to grow?

bottom 48% of 23 in its family for room to expand.

weight 22% of this tense · 48th percentile among 23 sector filers · read for itself

From the record

Flash Sports & Media Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $11 thousand against no long-term debt tagged leaves 3.2% of its assets as net cash, top 34% of its family; cash from operations less capital spending is 3.1% of revenue (top 27%); a gross margin of 1% (bottom 4%) (its annual report).

What it rests on

  • cash less debt against assets3.2%top 34% of its family
  • cash from operations less capital spending against revenue3.1%top 27% of its family
  • gross margin1.0%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
0.9/10

What could actually drive growth from here?

bottom 9% of 21 in its family for growth drivers.

weight 45% of this tense · 9th percentile among 21 sector filers · read for its customers

From the record

Flash Sports & Media Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -2% a year over the last three filed years against 4.4% over all 5, slowing (bottom 12% of its family); the newest year grew -44.3% (bottom 2%); capital spending grew -23.8% a year (bottom 13%) (its annual reports). Flash Sports & Media Holdings, Inc. reported 3 product lines in fiscal 2025: Equipments at $9 million (50%), Construction at $8 million (49%), Other at $181 thousand (1%); 0 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-6.4 points a yearbottom 12% of its family
  • the newest year's revenue growth-44.3%bottom 2% of its family
  • three-year growth of capital spending-23.8%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.1/10

Did its newest year beat what its own record pointed to?

bottom 31% of 18 in its family for expectations against reality.

weight 33% of this tense · 31st percentile among 18 sector filers · read for its shareholders

From the record

Flash Sports & Media Holdings, Inc.'s newest year against its own record: revenue of $17 million in fiscal 2025 came in 48.2% below the $34 million its prior three years' pace pointed to (bottom 14% of its family); net income of $22 million against a prior three-year average of $22 million (top 42%); a net margin of a loss larger than its revenue against -57.6% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-48.2%bottom 14% of its family
  • net income against the prior three years' average-1%top 42% of its family
  • net margin against its prior average-69.4 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FLZH · research, not advice