Company Analysis

Scage Future (SCAG)

Nasdaq: SCAG · Truck & Bus Bodies · filing with the SEC since 2024
Grade3.8
◀ Past 4.6● Present 2.8▶ Future 4.3
3 est.

The grade of Scage Future

Nine metrics read from its own filings, by tense
Headline grade
3.8/10
◀ Past4.630% of the headline
● Present2.840% of the headline
▶ Future4.330% of the headline

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

Of the nine metrics, 6 read as filed from the record and 3 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.6/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.7/10

Has it survived what it has been through?

2 warning events since 2024; the latest 2026-11-02.

weight 33% of this tense · 27th percentile among 30 sector filers · read for itself

From the record

Scage Future's filings since 2024 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-11-02) (its current reports).

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

Track record

as filed
7.5/10

What has it actually done, year after year?

+403.4% a year over 3 filed years; profitable in 0 of 3.

weight 45% of this tense · 75th percentile among 29 sector filers · read for its customers

From the record

Scage Future's 3 filed years say what it did: revenue went from $438 thousand in fiscal 2023 to $11 million in fiscal 2025, up 403.4% a year; it rose in 2 of 2 years; it never fell from a peak; net income was positive in 0 of 3 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span403.4%top 2% of its family
  • the share of years revenue rosetop 3% of its family
  • the share of filed years with a profitbottom 7% of its family
  • the deepest fall from a revenue peak0.0%top 3% of its family

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

Shareholder treatment

SI estimate
1.5/10

How has it treated the people who own it?

SI estimate 1.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 15th percentile among 30 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 15% of 30 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 30 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: Scage Future's shareholder treatment is put at 1.5 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 15% of 30 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?

2.8/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
0.7/10

Is it financially healthy right now?

Leverage 121%: owes 121¢ per asset dollar.

weight 45% of this tense · 7th percentile among 27 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-06-30, Scage Future's shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned less than nothing, about minus 3 cents per dollar of everything the company owns. Leverage: it owed about 121 cents per dollar of assets, and net share issuance: its share count grew 42.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 6% of its family
  • gross profit against assetsbottom 6% of its family
  • the share count against the year beforebottom 9% of its family

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

Industry position

as filed
4.1/10

How strong is its position in its industry?

bottom 41% of 30 in its family; net margin -116.4%.

weight 33% of this tense · 41st percentile among 30 sector filers · read for its customers

From the record

Scage Future's standing among 30 graded names in its industry family: revenue of $11 million in fiscal 2025 ranks in the bottom 9% by size; a net margin of -116.4% ranks in the bottom 15%; revenue growth of 403.4% a year over the last 2 filed years ranks in the top 2% (its annual reports).

What it rests on

  • revenue against the family$11.1Mbottom 9% of its family
  • net margin-116.4%bottom 15% of its family
  • three-year revenue growth403.4%top 2% of its family

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

Leadership

SI estimate
5.3/10

What are the people in charge doing?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 21 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 21 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Scage Future's leadership is put at 5.3 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 21 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.3/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
3.7/10

How much room does it have to grow?

bottom 37% of 30 in its family for room to expand.

weight 45% of this tense · 37th percentile among 30 sector filers · read for itself

From the record

Scage Future's room to grow, from the newest filed statements (fiscal 2025): cash of $98 thousand against no long-term debt tagged leaves 0.4% of its assets as net cash, top 48% of its family; cash from operations less capital spending is -53.1% of revenue (bottom 18%); a gross margin of -6.4% (bottom 6%); research spending of 13.9% of revenue (top 26%) (its annual report).

What it rests on

  • cash less debt against assets0.4%top 48% of its family
  • cash from operations less capital spending against revenue-53.1%bottom 18% of its family
  • gross margin-6.4%bottom 6% of its family
  • research spending against revenue13.9%top 26% of its family

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

Growth drivers

as filed
4.3/10

What could actually drive growth from here?

bottom 43% of 29 in its family for growth drivers.

weight 33% of this tense · 43rd percentile among 29 sector filers · read for its customers

From the record

Scage Future's growth drivers, from the filed years to fiscal 2025: revenue grew 403.4% a year over the last three filed years against 403.4% over all 3, speeding up (top 29% of its family); the newest year grew 82.1% (top 5%); research spending grew -18% a year (bottom 6%); capital spending grew -71.5% a year (bottom 2%) (its annual reports). Scage Future reported 4 product lines in fiscal 2025: Sales of NE Vs and Components at $11 million (98%), Provision of Vehicle Modification Services at $151 thousand (1%), Others at $26 thousand (0%), and 1 more; 1 of 1 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 29% of its family
  • the newest year's revenue growth82.1%top 5% of its family
  • three-year growth of research spending-18.0%bottom 6% of its family
  • three-year growth of capital spending-71.5%bottom 2% of its family

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

Expectations vs reality

SI estimate
5.3/10

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

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 28 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 28 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 28 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Scage Future's expectations vs reality is put at 5.3 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 28 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

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 SCAG · research, not advice