Company Quick10K Filing
Technovative Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 91 $182
10-Q 2018-11-19 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-04-02 Annual: 2017-12-31
10-Q 2017-11-14 Quarter: 2017-09-30
10-Q 2017-10-31 Quarter: 2017-06-30
10-Q 2017-10-30 Quarter: 2017-03-31
10-K 2017-10-27 Annual: 2016-12-31
10-Q 2017-10-24 Quarter: 2016-09-30
10-Q 2017-10-23 Quarter: 2016-06-30
10-Q 2017-10-19 Quarter: 2016-03-31
10-K 2017-10-12 Annual: 2015-12-31
10-Q 2015-11-16 Quarter: 2015-09-30
10-Q 2015-08-20 Quarter: 2015-06-30
10-Q 2015-05-20 Quarter: 2015-03-31
10-K 2015-04-15 Annual: 2014-12-31
10-Q 2014-11-12 Quarter: 2014-09-30
10-Q 2014-08-19 Quarter: 2014-06-30
10-Q 2014-05-15 Quarter: 2014-03-31
10-K 2014-04-15 Annual: 2013-12-31
10-Q 2013-11-15 Quarter: 2013-09-30
10-Q 2013-08-19 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-04-15 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
8-K 2018-12-17 Other Events, Exhibits
8-K 2018-12-13 Officers, Exhibits
8-K 2018-11-22 Officers, Exhibits
8-K 2018-11-05 Accountant, Exhibits
8-K 2018-10-29 Other Events, Exhibits
8-K 2018-09-25 Other Events, Exhibits
8-K 2018-07-02 Other Events, Exhibits
8-K 2018-03-27 Sale of Shares, Other Events, Exhibits
8-K 2018-02-01 Officers, Exhibits
8-K 2018-01-03 Other Events, Exhibits

Technovative Group Financials

TEHG Metrics, Comps, Filings

Annual | Quarterly

Business

Corporate History and Corporate Structure

Technovative Group, Inc. (the “Company” or “TEHG”) was incorporated in the state of Wyoming on August 12, 2010 under the name “Glacier Point Corp.” On December 6, 2010, the Company filed an amendment with the State of Wyoming to change the name from “Glacier Point Corp.” to “Solar America Corp.” On June 4, 2013, the Company filed an amendment with the State of Wyoming to change the name from “Solar America Corp.” to “Horizon Energy Corp.” On February 26, 2015, the Company changed its name from “Horizon Energy Corp.” to “Technovative Group, Inc.”

On December 16, 2010, the Company entered into an Agreement for Sale and Purchase of Business (the “Acquisition”) with the shareholder of Solar N' Stuff, Inc. (“SNS”), a corporation organized under the laws of the State of Louisiana, whereby the Company acquired 100% of the issued and outstanding shares of SNS in exchange for consideration in the aggregate amount of $100,000. As a result of the Acquisition, the business of SNS became our principal business. On July 1, 2013, the Company decided to terminate the operations of SNS, effective immediately. On November 14, 2014, the Company and Cannon Investments, Inc. (“Cannon”) entered into an equity sale and settlement agreement (“Equity Sale and Settlement Agreement”), whereby the Company transferred 100% of the equity interests of SNS to Cannon in exchange for the settlement of the unpaid amount of the promissory notes owed to Cannon in the aggregate amount of $150,250.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Solbright (SBRT) 195,093 -11% -4.2 -411% 12,978 107,736 3,481 -399 -53,291 -45,982 194,304
Corvus Gold (CORVF) 194,306 -16.7 -110% 10,276 870 0 0 -11,351 -11,351 189,981
Cure Pharmaceutical (CURR) 189,733 69% -8.3 -82% 35,347 25,254 504 350 -28,813 -22,134 182,638
Health Catalyst (HCAT) 187,144 0% -21.3 -8% 139,676 112,251 36,804 0 -10,694 -8,467 180,703
Bicycle Therapeutics (BCYC) 184,557 0% -7.5 -8% 126,246 21,687 1,522 0 -10,217 -10,082 76,021
Technovative Group (TEHG) 182,172 57% -105.6 -33% 5,191 3,101 765 437 -1,719 -1,719 181,597
Acro Biomedical (ACBM) 177,190 10% -1,443.4 -13% 1,081 133 2,916 284 -142 -123 177,189
Energy & Technology (ENGT) 177,150 32% -1,446.0 -4% 3,954 9,029 3,101 984 -143 -122 177,039
Emergent Capital (EMG) 177,018 0% -5.2 -69% 85,384 121,307 35,301 0 -58,692 -33,490 175,594
Fingermotion (FNGR) 174,552 18% -49.3 -72% 5,040 4,082 2,223 394 -3,618 -3,538 174,401
Pacific Green Technologies (PGTK) 172,614 31% -8.1 -49% 44,312 43,736 6,839 2,086 -21,904 -21,013 169,834
Cytodyn (CYDY) 171,286 -3.5 -269% 20,874 29,788 0 0 -56,187 -48,802 172,474
Franklin Financial Services (FRAF) 170,440 3.6 1% 1,252,141 1,128,227 0 0 15,025 24,601 87,992
Stereotaxis (STXS) 169,349 80% -40.1 -20% 21,255 16,597 28,632 23,009 -4,237 -4,012 160,877
HOOKIPA Pharma (HOOK) 168,392 0% -1.6 -13% 168,095 32,062 6,286 0 -21,408 -20,885 33,179
United Health Products (UEEC) 167,759 -145% -33.7 -754% 637 694 39 -57 -4,800 -4,957 167,259
Vaneck Merk Gold Trust (OUNZ) 167,233 7.3 14% 160,696 0 0 0 23,066 23,066 167,233
New York REIT (NYRT) 167,183 0% -22.7 12,387,300,000% 168,406 0 -123,873 -5,348 121,647
DOCASA (DCSA) 166,631 9% -80.6 -12% 22,047 6,626 16,112 1,527 -2,682 -2,057 165,842
Jamba (JMBA) 165,009 0% 68.1 -4% 36,654 46,912 78,265 0 -1,563 2,289 155,914

Balance Sheet ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash191201,628669227
Accounts Receivable18
Inventory19
PP&E5330181139
Assets1724801,7538864,637
Accounts Payable7
Long-Term Debt1,0321,2670
Liabilities1,0731,425182707214,901
Stockholders' Equity-902-1,376-181,483165-264
Income Statement ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Revenue45017002
Cost of Revenue80000
Gross Profit8901700
R&D
SG&A4832333279531,331818
Tax00-70
Net Income-477-475542-953-1,323-750
Cash Flow ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-31
Cash Operating-403-293456-1,108-1,065-766
Cash Investing7900-4310675
Cash Financing325285-4672,7700257