Company Analysis

SRX Global Inc (SRXH)

NYSE: SRXH · Beverages · North Palm Beach, FL · filing with the SEC since 2009
Grade1.6
◀ Past 1.2● Present 1.5▶ Future 2.1
1 est.

The grade of SRX Global Inc

Nine metrics read from its own filings, by tense
Headline grade
1.6/10
◀ Past1.230% of the headline
● Present1.540% of the headline
▶ Future2.130% 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?

1.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.9/10

Has it survived what it has been through?

26 warning events since 2017; the latest 2026-07-16.

weight 33% of this tense · 10th percentile among 21 sector filers · read for itself

From the record

SRX Global Inc's filings since 2017 show 26 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 9 times, the latest 2026-07-16); a warning not to rely on past financial statements (8-K item 4.02, the latest 2018-10-30); an auditor change (8-K item 4.01, 7 times, the latest 2025-09-19); a late-report notice (Form NT 10-K or NT 10-Q, 9 times, the latest 2025-08-14) (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?

-11.4% a year over 8 filed years; profitable in 1 of 9.

weight 45% of this tense · 15th percentile among 18 sector filers · read for its customers

From the record

SRX Global Inc's 8 filed years say what it did: revenue went from $15 million in fiscal 2018 to $7 million in fiscal 2025, down 11.4% a year; it rose in 4 of 7 years; the deepest fall was 88% from fiscal 2022 to fiscal 2025; net income was positive in 1 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-11.4%bottom 8% of its family
  • the share of years revenue rosebottom 19% of its family
  • the share of filed years with a profitbottom 22% of its family
  • the deepest fall from a revenue peak88.0%bottom 8% of its family

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

Shareholder treatment

SI estimate
0.9/10

How has it treated the people who own it?

SI estimate 0.9/10, confidence 35 of 100 (one part).

weight 22% of this tense · 9th percentile among 18 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 9% of 18 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 18 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: SRX Global Inc's shareholder treatment is put at 0.9 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 9% of 18 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?

1.5/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
1.6/10

Is it financially healthy right now?

ROE -11058%: lost 11058¢ per shareholder dollar. Leverage 95%: owes 95¢ per asset dollar.

weight 45% of this tense · 16th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, SRX Global Inc lost about 11058 cents for every dollar of shareholders' money, and gross profitability: its products earned about 18 cents per dollar of everything the company owns. Leverage: it owed about 95 cents per dollar of assets, and net share issuance: its share count grew 1206.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 18% of its family
  • return on equitybottom 3% of its family
  • gross profit against assetsbottom 29% of its family
  • the share count against the year beforebottom 15% 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 19 in its family; net margin -688.8%.

weight 33% of this tense · 15th percentile among 19 sector filers · read for its customers

From the record

SRX Global Inc's standing among 19 graded names in its industry family: revenue of $7 million in fiscal 2025 ranks in the bottom 19% by size; a net margin of -688.8% ranks in the bottom 18%; revenue growth of -53.8% a year over the last 3 filed years ranks in the bottom 8% (its annual reports).

What it rests on

  • revenue against the family$6.5Mbottom 19% of its family
  • net margin-688.8%bottom 18% of its family
  • three-year revenue growth-53.8%bottom 8% of its family

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

Leadership

as filed
1.3/10

What are the people in charge doing?

bottom 13% of 13 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 13th percentile among 13 sector filers · read for its shareholders

From the record

SRX Global Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Cunningham, Kent Douglas (Chief Executive Officer, as filed), filing under that title since 2026-04-03, 7 months (bottom 23% of its family); the 3 officers and directors filing in the last fifteen months have been on the record a median of 1.6 years (bottom 13%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 3 people in charge now (bottom 3%; 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 charge8 in three years among 3 peoplebottom 3% of its family
  • the median years the people in charge have filed1.6 yearsbottom 13% of its family
  • the chief executive's years on the record7 monthsbottom 23% 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?

2.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 19 in its family for room to expand.

weight 45% of this tense · 38th percentile among 19 sector filers · read for itself

From the record

SRX Global Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $1 million against no long-term debt tagged leaves 15.6% of its assets as net cash, top 24% of its family; cash from operations less capital spending is -124.6% of revenue (bottom 18%); a gross margin of 23.4% (bottom 18%) (its annual report).

What it rests on

  • cash less debt against assets15.6%top 24% of its family
  • cash from operations less capital spending against revenue-124.6%bottom 18% of its family
  • gross margin23.4%bottom 18% 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 18 in its family for growth drivers.

weight 33% of this tense · 9th percentile among 18 sector filers · read for its customers

From the record

SRX Global Inc's growth drivers, from the filed years to fiscal 2025: revenue grew -53.8% a year over the last three filed years against -11.4% over all 8, slowing (bottom 8% of its family); research spending grew -41.5% a year (bottom 10%); capital spending grew -51.2% a year (bottom 9%) (its annual reports). SRX Global Inc tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-42.4 points a yearbottom 8% of its family
  • three-year growth of research spending-41.5%bottom 10% of its family
  • three-year growth of capital spending-51.2%bottom 9% 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
0.6/10

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

bottom 6% of 15 in its family for expectations against reality.

weight 22% of this tense · 6th percentile among 15 sector filers · read for its shareholders

From the record

SRX Global Inc's newest year against its own record: revenue of $7 million in fiscal 2025 came in 76.6% below the $28 million its prior three years' pace pointed to (bottom 3% of its family); net income of $45 million against a prior three-year average of $21 million (bottom 3%); a net margin of a loss larger than its revenue against -43.8% before (bottom 10%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-76.6%bottom 3% of its family
  • net income against the prior three years' average-117%bottom 3% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 10% 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 SRXH · research, not advice