Overview
$104.6M Revenue, fiscal 20222 -$12.9M Net income, fiscal 20222
Industry Communications Equipment, NEC Headquarters DE Incorporated in DE3 Business address 2525 East Arizona Biltmore Circle, Suite 237, Phoenix, Az 850163 Filer category , Emerging growth company3
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022 102.5% Revenue growth, 20222 Where the money goes Where each dollar of revenue went, fiscal 2022 Cost of revenue Other costs
Cost of revenue 79¢ $82.8M Research and development 1¢ $876.5K Other costs 16¢ $17.0M Interest 3¢ $3.1M Income tax 1¢ $734.0K Out of $104.6M in revenue.2 The company lost money this year.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 8 2 $104.6M in 2022+478668% since 2015 0 $50.0M $100.0M $150.0M 2015: $21.8K $21.8K 2015 2017: $8.3M $8.3M 2017 +37986% 2018: $14.3M $14.3M 2018 +71% 2019: $28.2M $28.2M 2019 +97% 2020: $33.5M $33.5M 2020 +19% 2021: $51.6M $51.6M 2021 +54% 2022: $104.6M $104.6M 2022 +102% Gross profit4 5 6 7 8 2 $21.7M in 2022+104953% since 2015 0 $10.0M $20.0M $30.0M 2015: $20.7K $20.7K 2015 2017: $2.4M $2.4M 2017 +11562% 2018: $4.8M $4.8M 2018 +100% 2019: $5.6M $5.6M 2019 +17% 2020: $5.4M $5.4M 2020 −5% 2021: $7.7M $7.7M 2021 +44% 2022: $21.7M $21.7M 2022 +182% Operating income4 5 6 7 8 2 -$10.8M in 2022−19% since 2015 -$30.0M -$20.0M -$10.0M 0 2015: -$13.3M -$13.3M 2015 2017: -$403.5K -$403.5K 2017 −97% 2018: -$649.4K -$649.4K 2018 +61% 2019: -$2.5M -$2.5M 2019 +282% 2020: -$5.9M -$5.9M 2020 +138% 2021: -$22.1M -$22.1M 2021 +275% 2022: -$10.8M -$10.8M 2022 −51% Net income4 5 6 7 8 2 -$12.9M in 2022−4% since 2015 -$20.0M -$15.0M -$10.0M -$5.0M 0 2015: -$13.4M -$13.4M 2015 2017: -$3.0M -$3.0M 2017 −78% 2018: -$7.9M -$7.9M 2018 +164% 2019: -$3.1M -$3.1M 2019 −60% 2020: -$7.6M -$7.6M 2020 +144% 2021: -$19.5M -$19.5M 2021 +155% 2022: -$12.9M -$12.9M 2022 −34%
Revenue9 10 11 $25.6M in Q3 FY2023+5% since Q1 FY2023 0 $10.0M $20.0M $30.0M Q1 FY2023: $24.4M $24.4M Q1 FY2023 Q2 FY2023: $28.0M $28.0M Q2 FY2023 +15% Q3 FY2023: $25.6M $25.6M Q3 FY2023 −9% Gross profit9 10 11 $3.4M in Q3 FY2023−36% since Q1 FY2023 0 $2.0M $4.0M $6.0M $8.0M Q1 FY2023: $5.2M $5.2M Q1 FY2023 Q2 FY2023: $7.8M $7.8M Q2 FY2023 +49% Q3 FY2023: $3.4M $3.4M Q3 FY2023 −57% Operating income9 10 11 -$40.3M in Q3 FY2023+685% since Q1 FY2023 -$60.0M -$40.0M -$20.0M 0 Q1 FY2023: -$5.1M -$5.1M Q1 FY2023 Q2 FY2023: -$3.7M -$3.7M Q2 FY2023 −28% Q3 FY2023: -$40.3M -$40.3M Q3 FY2023 +984% Net income9 10 11 -$40.9M in Q3 FY2023+608% since Q1 FY2023 -$60.0M -$40.0M -$20.0M 0 Q1 FY2023: -$5.8M -$5.8M Q1 FY2023 Q2 FY2023: -$5.8M -$5.8M Q2 FY2023 +0% Q3 FY2023: -$5.8M -$5.8M Q3 FY2023 +0% Q2 FY2023: -$4.6M -$4.6M Q2 FY2023 −21% Q3 FY2023: -$4.6M -$4.6M Q3 FY2023 +0% Q3 FY2023: -$40.9M -$40.9M Q3 FY2023 +798%
Fiscal year 2015 2016 2017 2018 2019 2020 2021 2022 Revenue $21.8K4 $8.3M5 $14.3M6 $28.2M7 $33.5M8 $51.6M2 $104.6M2 Cost of revenue $1.2K4 $5.9M5 $9.4M6 $22.5M7 $28.1M8 $43.9M2 $82.8M2 Gross profit $20.7K4 $2.4M5 $4.8M6 $5.6M7 $5.4M8 $7.7M2 $21.7M2 Research and development $08 $1.5M2 $876.5K2 Operating income -$13.3M4 -$403.5K5 -$649.4K6 -$2.5M7 -$5.9M8 -$22.1M2 -$10.8M2 Interest -$131.0K4 $1.3M5 $3.1M6 $5.2M7 $5.5M8 $3.3M2 $3.1M2 Income tax -$52.7K12 -$258.4K5 -$43.4K6 -$87.1K7 -$495.1K8 -$1.9M2 -$734.0K2 Net income -$13.4M4 -$3.0M5 -$7.9M6 -$3.1M7 -$7.6M8 -$19.5M2 -$12.9M2 Earnings per share -$0.174 -$0.047 -$0.068 -$0.122 -$0.072 Earnings per share (diluted) -$0.174 -$0.047 -$0.068 -$0.122 -$0.072
Total assets4 5 6 7 8 2 $145.6M in 2022+36127% since 2015 0 $50.0M $100.0M $150.0M 2015: $402.0K $402.0K 2015 2017: $16.0M $16.0M 2017 +3873% 2018: $17.9M $17.9M 2018 +12% 2019: $35.8M $35.8M 2019 +100% 2020: $41.6M $41.6M 2020 +16% 2021: $134.6M $134.6M 2021 +224% 2022: $145.6M $145.6M 2022 +8% Total liabilities5 6 7 8 2 $75.6M in 2022+311% since 2017 0 $20.0M $40.0M $60.0M $80.0M 2017: $18.4M $18.4M 2017 2018: $29.4M $29.4M 2018 +60% 2019: $47.8M $47.8M 2019 +62% 2020: $55.8M $55.8M 2020 +17% 2021: $63.1M $63.1M 2021 +13% 2022: $75.6M $75.6M 2022 +20% Shareholders’ equity4 5 6 7 8 2 $70.0M in 2022-$25.0M 0 $25.0M $50.0M $75.0M 2015: -$218.0K -$218.0K 2015 2016: -$1.2M -$1.2M 2016 +453% 2017: -$3.9M -$3.9M 2017 +220% 2018: -$11.5M -$11.5M 2018 +198% 2019: -$12.0M -$12.0M 2019 +4% 2020: -$14.2M -$14.2M 2020 +19% 2021: $71.5M $71.5M 2021 2022: $70.0M $70.0M 2022 −2% Cash4 5 6 7 8 2 $2.7M in 2022+1428% since 2015 0 $1.0M $2.0M $3.0M $4.0M 2015: $175.0K $175.0K 2015 2017: $128.5K $128.5K 2017 −27% 2018: $207.2K $207.2K 2018 +61% 2019: $302.5K $302.5K 2019 +46% 2020: $277.7K $277.7K 2020 −8% 2021: $3.7M $3.7M 2021 +1238% 2022: $2.7M $2.7M 2022 −28%
Total assets10 11 9 $104.5M in Q3 FY2023−28% since Q2 FY2022 0 $50.0M $100.0M $150.0M Q2 FY2022: $145.6M $145.6M Q2 FY2022 Q3 FY2022: $145.6M $145.6M Q3 FY2022 +0% Q1 FY2023: $141.9M $141.9M Q1 FY2023 −3% Q2 FY2023: $142.6M $142.6M Q2 FY2023 +0% Q3 FY2023: $104.5M $104.5M Q3 FY2023 −27% Total liabilities10 11 9 $83.9M in Q3 FY2023+11% since Q2 FY2022 0 $25.0M $50.0M $75.0M $100.0M Q2 FY2022: $75.6M $75.6M Q2 FY2022 Q3 FY2022: $75.6M $75.6M Q3 FY2022 +0% Q1 FY2023: $77.5M $77.5M Q1 FY2023 +3% Q2 FY2023: $81.6M $81.6M Q2 FY2023 +5% Q3 FY2023: $83.9M $83.9M Q3 FY2023 +3% Shareholders’ equity10 11 9 $20.8M in Q3 FY2023−70% since Q2 FY2022 0 $20.0M $40.0M $60.0M $80.0M Q2 FY2022: $70.0M $70.0M Q2 FY2022 Q3 FY2022: $70.0M $70.0M Q3 FY2022 +0% Q1 FY2023: $64.4M $64.4M Q1 FY2023 −8% Q2 FY2023: $64.4M $64.4M Q2 FY2023 +0% Q3 FY2023: $64.4M $64.4M Q3 FY2023 +0% Q2 FY2023: $61.0M $61.0M Q2 FY2023 −5% Q3 FY2023: $61.0M $61.0M Q3 FY2023 +0% Q3 FY2023: $20.8M $20.8M Q3 FY2023 −66% Cash10 11 9 $2.9M in Q3 FY2023+9% since Q2 FY2022 0 $1.0M $2.0M $3.0M $4.0M Q2 FY2022: $2.7M $2.7M Q2 FY2022 Q3 FY2022: $2.7M $2.7M Q3 FY2022 +0% Q1 FY2023: $475.3K $475.3K Q1 FY2023 −82% Q2 FY2023: $3.8M $3.8M Q2 FY2023 +706% Q3 FY2023: $2.9M $2.9M Q3 FY2023 −24% Long-term debt10 11 9 $21.2M in Q3 FY2023−4% since Q2 FY2022 0 $10.0M $20.0M $30.0M Q2 FY2022: $22.1M $22.1M Q2 FY2022 Q3 FY2022: $22.1M $22.1M Q3 FY2022 +0% Q1 FY2023: $21.7M $21.7M Q1 FY2023 −2% Q2 FY2023: $21.6M $21.6M Q2 FY2023 −0% Q3 FY2023: $21.2M $21.2M Q3 FY2023 −2%
Fiscal year 2015 2016 2017 2018 2019 2020 2021 2022 Cash $175.0K4 $128.5K5 $207.2K6 $302.5K7 $277.7K8 $3.7M2 $2.7M2 Current assets $402.0K4 $3.6M5 $5.4M6 $12.4M7 $10.6M8 $42.8M2 $48.9M2 Total assets $402.0K4 $16.0M5 $17.9M6 $35.8M7 $41.6M8 $134.6M2 $145.6M2 Current liabilities $620.0K4 $10.0M5 $15.6M6 $21.6M7 $16.8M8 $30.4M2 $33.3M2 Long-term debt $24.2M13 Total liabilities $18.4M5 $29.4M6 $47.8M7 $55.8M8 $63.1M2 $75.6M2 Shareholders’ equity -$218.0K4 -$1.2M5 -$3.9M6 -$11.5M7 -$12.0M8 -$14.2M2 $71.5M2 $70.0M2 Shares outstanding 99.8M shares14 12.5M shares13
Cash from operations4 6 7 8 2 -$19.6M in 2022+5115% since 2015 -$30.0M -$20.0M -$10.0M 0 2015: -$375.4K -$375.4K 2015 2018: -$1.3M -$1.3M 2018 +234% 2019: -$1.9M -$1.9M 2019 +55% 2020: -$2.1M -$2.1M 2020 +7% 2021: -$25.4M -$25.4M 2021 +1125% 2022: -$19.6M -$19.6M 2022 −23% Capital spending8 2 $1.1M in 2022+1310% since 2020 0 $1.0M $2.0M $3.0M $4.0M 2020: $75.7K $75.7K 2020 2021: $3.6M $3.6M 2021 +4620% 2022: $1.1M $1.1M 2022 −70% Free cash flow8 2 -$20.6M in 2022+860% since 2020 -$30.0M -$20.0M -$10.0M 0 2020: -$2.2M -$2.2M 2020 2021: -$29.0M -$29.0M 2021 +1248% 2022: -$20.6M -$20.6M 2022 −29%
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2015 2016 2017 2018 2019 2020 2021 2022 Cash from operations -$375.4K4 -$1.3M6 -$1.9M7 -$2.1M8 -$25.4M2 -$19.6M2 Capital spending $75.7K8 $3.6M2 $1.1M2 Free cash flow -$2.2M -$29.0M -$20.6M
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Former names
Alpine 4 Technologies Ltd. Dec 2, 2014 to Mar 4, 20213 Alpine 4 Automotive Technologies Ltd. Jul 31, 2014 to Jun 22, 20153 ALPINE 4 Inc. May 8, 2014 to Jul 18, 20143
Recent filings
Apr 7, 2025 8-K ALPINE 4 HOLDINGS, INC. - FORM 8-K SEC FILINGApr 1, 2025 8-K ALPINE 4 HOLDINGS, INC. - FORM 8-K SEC FILINGFeb 12, 2025 8-K ALPINE 4 HOLDINGS, INC. FORM 8-KNov 19, 2024 8-K Oct 22, 2024 8-K Oct 17, 2024 8-K Sep 23, 2024 8-K Aug 28, 2024 8-K Aug 21, 2024 8-K Aug 20, 2024 8-K Aug 15, 2024 3 PRIMARY DOCUMENTJul 30, 2024 8-K Jul 30, 2024 3 PRIMARY DOCUMENTJul 30, 2024 3 PRIMARY DOCUMENTJul 9, 2024 3 PRIMARY DOCUMENT
Every filing from the last three years, summarized . The full record is on SEC EDGAR.1