← Back to Garden Stage Ltd
Stoqly stoqly.net Company report Β· October 27, 2026

Garden Stage Ltd

GSIW NasdaqΒ· Security & Commodity Brokers, Dealers, Exchanges & Services

KIRA Β· Stoqly’s AI analyst, in plain words

  • Garden Stage Ltd had $7.3M of revenue in fiscal 2026, up 33.2% on the year before.
  • Garden Stage Ltd lost $13.8M in fiscal 2026. From fiscal 2022 to 2026, diluted EPS grew 119.0% a year.

Market cap

β€”

P/E

β€”

Revenue

$7.3M

Net income

βˆ’$13.8M

Free cash flow

β€”

Operating margin

β€”

Garden Stage Ltd in 30 seconds Β· fiscal 2026

Good

Are sales growing?

+33.2%

Yes. Sales grew 33.2% last year.

Weak

Does it make a profit?

βˆ’190.1%

No. It lost money last year.

Weak

How healthy are the accounts?

2 / 7

Weak. It passes 2 of 7 health tests.

What Garden Stage Ltd does

No business description yet.

Fiscal year ends
March 31, 2026
Latest annual report
20-F Β· Jul 31, 2026
Legal name
Garden Stage Ltd
CIK
0001954269
stoqly.net Β· GSIW Β· Generated October 27, 2026 Not investment advice Β· Page 1 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Garden Stage Ltd Β· GSIW

Results and finances

The last 5 fiscal years. Amounts in USD.

Fiscal yearFY22FY23FY24FY25FY26
Sales and profit
Revenue $2.3M $3.3M $1.4M $5.5M $7.3M
Revenue growth β€” 41.3% βˆ’56.8% 288.1% 33.2%
Net income βˆ’$0.5M βˆ’$0.2M βˆ’$4.6M βˆ’$4.3M βˆ’$13.8M
Net margin βˆ’22.2% βˆ’6.4% βˆ’325.8% βˆ’79.0% βˆ’190.1%
Diluted EPS $0.06 $0.02 $0.49 $0.47 $1.38
Cash
Cash from operations βˆ’$6.9M βˆ’$1.9M βˆ’$7.1M βˆ’$1.1M βˆ’$4.2M
Capital expenditure $0.0M $0.0M $0.0M $0.2M β€”
Free cash flow βˆ’$6.9M βˆ’$1.9M βˆ’$7.1M βˆ’$1.4M β€”
FCF margin βˆ’300.8% βˆ’58.2% βˆ’503.5% βˆ’25.0% β€”
Share count change β€” 24.7% βˆ’19.2% 0.1% 7.7%
Debt and strength
Cash and short-term investments $7.8M $6.3M $8.9M $7.9M $17.5M
Deposits β€” $0.8M β€” β€” β€”
Shareholders' equity $0.1M $1.9M $9.3M $6.7M $24.2M
Current ratio β€” 1.1x 1.7x 1.5x 1.7x
Returns and quality
Return on equity βˆ’397.0% βˆ’20.0% βˆ’81.7% βˆ’54.0% βˆ’89.5%
Return on tangible equity βˆ’397.0% βˆ’11.0% βˆ’49.8% βˆ’65.0% βˆ’105.5%
Piotroski F-score β€” β€” 2 3 2

Insiders bought, 12 months

$0.0M

0 insiders

Insiders sold, 12 months

$0.0M

0 insiders

Of sales under plans

β€”

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
stoqly.net Β· GSIW Β· Generated October 27, 2026 Not investment advice Β· Page 2 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Garden Stage Ltd Β· GSIW

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

Source: SEC EDGAR XBRL filings (CIK 0001954269). Data updated October 24, 2026. For information only β€” not investment advice. Check the original filings before relying on any figure.