Sow Good Inc. (SOWG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
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Sow Good Inc. (SOWG) stock price & volume — 10-year historical chart
Sow Good Inc. (SOWG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Sow Good Inc. (SOWG) competitors in Snacks and bakery products — business model, growth, and fundamentals comparison
Sow Good Inc. (SOWG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Sow Good Inc. (SOWG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1M | 0 | 466.6K | 0 | 88.44K | 428.13K | 16.07M | 31.99M | 0 |
| Revenue Growth % | -4.71% | -100% | - | -100% | - | 384.09% | 3653.73% | 99.07% | -100% |
| Cost of Goods Sold | 10.85K | 9.47K | 872 | 3.64K | 81.31K | 308.29K | 11.19M | 19.02M | 33.1K |
| COGS % of Revenue | 1.08% | - | 0.19% | - | 91.94% | 72.01% | 69.62% | 59.44% | - |
| Gross Profit | 989.15K▲ 0% | -9.47K▼ 101.0% | 465.72K▲ 5016.8% | -3.64K▼ 100.8% | 7.13K▲ 295.7% | 119.84K▲ 1581.0% | 4.88M▲ 3973.4% | 12.98M▲ 165.8% | -33.1K▼ 100.3% |
| Gross Margin % | 98.92% | - | 99.81% | - | 8.06% | 27.99% | 30.38% | 40.56% | - |
| Gross Profit Growth % | 331.36% | -100.96% | 5016.84% | -100.78% | 295.74% | 1581.01% | 3973.44% | 165.8% | -100.26% |
| Operating Expenses | 2.45M | 2.58M | 3.06M | 3.01M | 7.12M | 11.01M | 6.1M | 14.53M | 6.57M |
| OpEx % of Revenue | 245.25% | - | 656.29% | - | 8045.06% | 2570.55% | 37.97% | 45.42% | - |
| Selling, General & Admin | 2.44M | 2.57M | 1.67M | 3.01M | 5.38M | 5.53M | 5.93M | 5.09M | 6.57M |
| SG&A % of Revenue | 244.16% | - | 357% | - | 6086.13% | 1292.55% | 36.92% | 15.9% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 10.85K | 0 | 1.4M | 0 | 1.73M | 5.47M | 168.27K | 9.44M | 0 |
| Operating Income | -1.45M▲ 0% | -2.58M▼ 77.6% | -2.6M▼ 0.7% | -3.01M▼ 15.9% | -7.11M▼ 136.2% | -10.89M▼ 53.1% | -1.22M▲ 88.8% | -1.56M▼ 27.5% | -6.61M▼ 324.5% |
| Operating Margin % | -145.25% | - | -556.47% | - | -8037% | -2542.56% | -7.6% | -4.86% | - |
| Operating Income Growth % | 1.72% | -77.6% | -0.65% | -15.9% | -136.19% | -53.15% | 88.79% | -27.49% | -324.45% |
| EBITDA | -1.44M | -2.57M | -2.6M | -3.01M | -6.9M | -10.59M | -761.34K | 442.81K | -6.45M |
| EBITDA Margin % | -144.16% | - | -556.29% | - | -7801.31% | -2472.59% | -4.74% | 1.38% | - |
| EBITDA Growth % | 1.51% | -78.28% | -0.99% | -15.8% | -129.54% | -53.43% | 92.81% | 158.16% | -1556.34% |
| D&A (Non-Cash Add-back) | 10.85K | 9.47K | 872 | 3.64K | 208.45K | 299.55K | 459.35K | 2M | 156.82K |
| EBIT | -136.71K | 0 | 12.88M | -4.93M | -6.87M | -10.85M | -1.22M | -2.11M | -6.66M |
| Net Interest Income | 346.63K | 0 | 51 | -377.49K | -5.91K | -1.28M | -1.84M | -1.33M | -159.95K |
| Interest Income | 355.34K | 2.47M | 51 | 8.68K | 0 | 0 | 0 | 138.79K | 0 |
| Interest Expense | 8.71K | 0 | 0 | 386.16K | 5.91K | 1.28M | 1.84M | 1.46M | 159.95K |
| Other Income/Expense | 1.31M | 2.14M | 15.48M | -2.31M | 233.77K | -1.24M | -1.84M | -2.02M | -217.56K |
| Pretax Income | -145.43K▲ 0% | 2.1M▲ 1544.6% | 12.88M▲ 513.3% | -5.32M▼ 141.3% | -6.87M▼ 29.2% | -12.13M▼ 76.4% | -3.06M▲ 74.8% | -3.58M▼ 16.9% | -6.82M▼ 90.7% |
| Pretax Margin % | -14.54% | - | 2761.3% | - | -7772.68% | -2832.55% | -19.04% | -11.19% | - |
| Income Tax | 67.04K | 575.87K | 0 | 0 | 0 | 0 | 0 | 123.58K | 0 |
| Effective Tax Rate % | -46.1% | 27.41% | 0% | 0% | 0% | 0% | 0% | -3.45% | 0% |
| Net Income | -392.53K▲ 0% | -344.01K▲ 12.4% | 4.13M▲ 1300.7% | -5.32M▼ 228.8% | -6.87M▼ 29.2% | -12.13M▼ 76.4% | -3.06M▲ 74.8% | -3.7M▼ 21.0% | -40.64M▼ 997.8% |
| Net Margin % | -39.25% | - | 885.24% | - | -7772.68% | -2832.55% | -19.04% | -11.57% | - |
| Net Income Growth % | -101.31% | 12.36% | 1300.68% | -228.82% | -29.19% | -76.42% | 74.76% | -20.97% | -997.76% |
| Net Income (Continuing) | -212.47K | -344.01K | 12.88M | -5.32M | -6.87M | -12.13M | -3.06M | -3.7M | -6.82M |
| Discontinued Operations | 0 | 0 | -7.42M | 0 | 0 | 0 | 0 | 0 | -33.82M |
| Minority Interest | 138.87M | 140.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.12▲ 0% | -3.15▼ 2592.3% | 276.75▲ 8885.7% | -45.45▼ 116.4% | -24.15▲ 46.9% | -37.65▼ 55.9% | -8.85▲ 76.5% | -6.00▲ 32.2% | -51.60▼ 760.0% |
| EPS Growth % | -102.6% | -2592.31% | 8885.71% | -116.42% | 46.86% | -55.9% | 76.49% | 32.2% | -760% |
| EPS (Basic) | -0.12 | -3.15 | 276.90 | -45.45 | -24.15 | -37.65 | -8.85 | -6.00 | -51.60 |
| Diluted Shares Outstanding | 3.35M | 106.69K | 106.77K | 125.8K | 284.15K | 322.36K | 344.56K | 615.88K | 789.2K |
| Basic Shares Outstanding | 3.35M | 106.69K | 106.71K | 125.8K | 284.15K | 322.36K | 344.56K | 615.88K | 789.2K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Sow Good Inc. (SOWG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.57M | 1.56M | 156.41K | 2.39M | 4.89M | 2.58M | 10.24M | 25.08M | 3.39M |
| Cash & Short-Term Investments | 1.48M | 1.5M | 108.76K | 2.19M | 3.35M | 276.46K | 2.41M | 3.72M | 1.47M |
| Cash Only | 1.48M | 1.5M | 108.76K | 1.91M | 3.35M | 276.46K | 2.41M | 3.72M | 1.47M |
| Short-Term Investments | 0 | 0 | 0 | 280.42K | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.61K | 13 | 505 | 0 | 12.38K | 191.02K | 2.58M | 460.15K | 1.74M |
| Days Sales Outstanding | 0.59 | - | 0.4 | - | 51.1 | 162.85 | 58.56 | 5.25 | - |
| Inventory | 0 | 0 | 0 | 141.37K | 1.45M | 1.97M | 4.69M | 20.31M | 22.87K |
| Days Inventory Outstanding | - | - | - | 14.17K | 6.52K | 2.34K | 152.87 | 389.87 | 252.2 |
| Other Current Assets | 18.68K | 11.25K | 0 | 0 | 0 | 0 | 0 | 0 | 60.33K |
| Total Non-Current Assets | 138.99M | 141.31M | 6.99M | 9.95M | 9.21M | 6.32M | 11.25M | 29.62M | 382.61K |
| Property, Plant & Equipment | 10.7K | 1.23K | 6.4K | 3.31M | 4.01M | 6.3M | 10.9M | 28.26M | 98.64K |
| Fixed Asset Turnover | 93.48x | - | 72.92x | - | 0.02x | 0.07x | 1.47x | 1.13x | - |
| Goodwill | 0 | 0 | 0 | 6.41M | 4.89M | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 219.65K | 304.24K | 0 | 0 | 0 | 0 |
| Long-Term Investments | 138.98M | 0 | 6.98M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 141.31M | 0 | 10K | 10K | 24K | 346.62K | 1.36M | 283.97K |
| Total Assets | 140.56M▲ 0% | 142.87M▲ 1.6% | 7.15M▼ 95.0% | 12.34M▲ 72.7% | 14.1M▲ 14.3% | 8.9M▼ 36.9% | 21.49M▲ 141.5% | 54.7M▲ 154.5% | 3.78M▼ 93.1% |
| Asset Turnover | 0.01x | - | 0.07x | - | 0.01x | 0.05x | 0.75x | 0.58x | - |
| Asset Growth % | 59661.24% | 1.64% | -95% | 72.72% | 14.28% | -36.9% | 141.48% | 154.53% | -93.1% |
| Total Current Liabilities | 186.68K | 659.35K | 1.45M | 622.79K | 403.06K | 890.18K | 5.77M | 7.36M | 6.19M |
| Accounts Payable | 91.19K | 31.94K | 35.73K | 325.12K | 279.34K | 392.69K | 853.53K | 1.37M | 1.3M |
| Days Payables Outstanding | 3.07K | 1.23K | 14.95K | 32.58K | 1.25K | 464.92 | 27.84 | 26.26 | 14.31K |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 2.86M | 2.42M | 1.34M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 621.72K | 14.22K | 0 | 0 | 0 | 0 | 0 | 2.79M |
| Current Ratio | 8.39x | 2.36x | 0.11x | 3.84x | 12.14x | 2.90x | 1.77x | 3.40x | 0.55x |
| Quick Ratio | 8.39x | 2.36x | 0.11x | 3.61x | 8.53x | 0.68x | 0.96x | 0.65x | 0.54x |
| Cash Conversion Cycle | - | - | - | - | 5.31K | 2.03K | 183.59 | 368.86 | - |
| Total Non-Current Liabilities | 91.19K | 180.45K | 0 | 1.66M | 2.88M | 5.2M | 8.44M | 15.34M | 150K |
| Long-Term Debt | 0 | 0 | 0 | 262.93K | 1.53M | 3.9M | 4.77M | 150K | 150K |
| Capital Lease Obligations | 0 | 0 | 0 | 1.4M | 1.35M | 1.3M | 3.67M | 15.19M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 186.68K | 659.35K | 1.45M | 2.29M | 3.28M | 6.09M | 14.21M | 22.71M | 6.34M |
| Total Debt | 0 | 0 | 0 | 1.7M | 2.93M | 5.25M | 11.84M | 20.36M | 1.57M |
| Net Debt | -1.48M | -1.5M | -108.76K | -210.07K | -420.27K | 4.97M | 9.43M | 16.64M | 95.15K |
| Debt / Equity | - | - | - | 0.17x | 0.27x | 1.87x | 1.63x | 0.64x | - |
| Debt / EBITDA | - | - | - | - | - | - | - | 45.99x | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 37.58x | - |
| Interest Coverage | -15.69x | - | - | -12.78x | -1161.94x | -8.49x | -0.66x | -1.44x | -41.66x |
| Total Equity | 140.37M▲ 0% | 142.21M▲ 1.3% | 5.7M▼ 96.0% | 10.06M▲ 76.5% | 10.82M▲ 7.6% | 2.81M▼ 74.0% | 7.28M▲ 159.0% | 31.99M▲ 339.4% | -2.56M▼ 108.0% |
| Equity Growth % | 70566.88% | 1.31% | -95.99% | 76.45% | 7.61% | -74.02% | 159.01% | 339.37% | -108.01% |
| Book Value per Share | 41.95 | 1332.92 | 53.38 | 79.93 | 38.08 | 8.72 | 21.13 | 51.94 | -3.25 |
| Total Shareholders' Equity | 1.5M | 1.47M | 5.7M | 10.06M | 10.82M | 2.81M | 7.28M | 31.99M | -2.56M |
| Common Stock | 479.8K | 479.85K | 1.6K | 2.74K | 4.81K | 4.85K | 6.03K | 11.3K | 12.22K |
| Retained Earnings | -35.14M | -35.49M | -31.36M | -36.68M | -43.55M | -55.68M | -58.74M | -62.44M | -103.08M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 138.87M | 140.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Sow Good Inc. (SOWG) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -792.28K | -187.94K | -9.71M | -1.74M | -5.55M | -5.15M | -4.85M | -9.43M | -4.31M |
| Operating CF Margin % | -79.23% | - | -2080.99% | - | -6276.87% | -1202.11% | -30.15% | -29.47% | - |
| Operating CF Growth % | -126.83% | 76.28% | -5066.54% | 82.04% | -218.41% | 7.29% | 5.85% | -94.54% | 54.33% |
| Net Income | -212.47K | 1.52M | 17.85M | -5.32M | -6.87M | -12.13M | -3.06M | -3.7M | -6.82M |
| Depreciation & Amortization | 10.85K | 9.47K | 872 | 3.64K | 208.45K | 321.15K | 527.82K | 2M | 156.82K |
| Stock-Based Compensation | 574.85K | 310.73K | 100.53K | 726.66K | 1.38M | 1.71M | 1.89M | 5.6M | 2.4M |
| Deferred Taxes | -1.54M | 0 | -27.77M | -726.66K | -1.38M | -862.08K | 0 | 0 | 0 |
| Other Non-Cash Items | 219.51K | -2.23M | 100.53K | 3.23M | 2.66M | 6.11M | 1.52M | 1.83M | 130.9K |
| Working Capital Changes | 150.28K | 507.83K | 7.36K | 340.74K | -1.55M | -294.11K | -5.72M | -15.15M | -166.03K |
| Change in Receivables | 765 | 1.6K | -492 | 505 | -12.38K | -183.04K | -2.39M | 1.93M | 128.25K |
| Change in Inventory | 0 | 397.85K | 0 | -141.37K | -1.31M | -520.98K | -4.11M | -17.34M | 0 |
| Change in Payables | 69.62K | 89.27K | 3.79K | 152.28K | -45.78K | 173.27K | 400.93K | 514.47K | -70.16K |
| Cash from Investing | -137.61M | 213.9K | 6.88M | 3.28M | -653.05K | -2.62M | -2.27M | -5.93M | 0 |
| Capital Expenditures | 0 | 0 | -6.05K | -1.05M | -1.07M | -2.69M | -2.27M | -3.27M | 0 |
| CapEx % of Revenue | - | - | 1.3% | - | 1206.93% | 627.56% | 14.1% | 10.22% | - |
| Acquisitions | 1.08M | 0 | -9.99M | 1.15M | 0 | 63.96K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -138.69M | 213.9K | 16.88M | 3.28M | 0 | 0 | 0 | -2.66M | 0 |
| Cash from Financing | 139.81M | 450 | 1.43M | 262.93K | 7.64M | 4.7M | 9.25M | 16.67M | 2.06M |
| Debt Issued (Net) | 0 | 0 | 0 | 262.93K | 2.08M | 4.7M | 2.8M | -1.64M | 0 |
| Equity Issued (Net) | 5.05M | 0 | 0 | 0 | 5.56M | 0 | 6.45M | 17.93M | 3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 134.76M | 450 | 1.43M | 0 | 0 | 0 | 0 | 373.86K | -943.87K |
| Net Change in Cash | 1.41M▲ 0% | 26.41K▼ 98.1% | -1.39M▼ 5380.9% | 1.8M▲ 229.3% | 1.43M▼ 20.6% | -3.07M▼ 314.2% | 2.13M▲ 169.5% | 1.31M▼ 38.4% | -2.25M▼ 271.2% |
| Free Cash Flow | -792.28K▲ 0% | -187.94K▲ 76.3% | -9.72M▼ 5069.8% | -2.8M▲ 71.2% | -6.62M▼ 136.8% | -7.83M▼ 18.4% | -7.11M▲ 9.2% | -12.7M▼ 78.5% | -4.31M▲ 66.1% |
| FCF Margin % | -79.23% | - | -2082.28% | - | -7483.8% | -1829.67% | -44.26% | -39.68% | - |
| FCF Growth % | -126.84% | 76.28% | -5069.75% | 71.23% | -136.79% | -18.35% | 9.21% | -78.51% | 66.09% |
| FCF per Share | -0.24 | -1.76 | -91.00 | -22.22 | -23.29 | -24.30 | -20.64 | -20.61 | -5.46 |
| FCF Conversion (FCF/Net Income) | 2.02x | 0.55x | -2.35x | 0.33x | 0.81x | 0.42x | 1.58x | 2.55x | 0.11x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 667.29K | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130K | 0 |
Sow Good Inc. (SOWG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 15075.64% | -0.56% | -0.24% | 5.59% | -67.55% | -65.86% | -177.93% | -60.65% | -18.86% | -276.23% |
| Return on Invested Capital (ROIC) | -7.42% | -1.57% | -1.38% | -2.66% | -29.25% | -52.66% | -89.79% | -7.47% | -3.57% | -21.47% |
| Gross Margin | -40.74% | 98.92% | - | 99.81% | - | 8.06% | 27.99% | 30.38% | 40.56% | - |
| Net Margin | 2853.47% | -39.25% | - | 885.24% | - | -7772.68% | -2832.55% | -19.04% | -11.57% | - |
| Debt / Equity | - | - | - | - | 0.17x | 0.27x | 1.87x | 1.63x | 0.64x | - |
| Interest Coverage | - | -15.69x | - | - | -12.78x | -1161.94x | -8.49x | -0.66x | -1.44x | -41.66x |
| FCF Conversion | 0.10x | 2.02x | 0.55x | -2.35x | 0.33x | 0.81x | 0.42x | 1.58x | 2.55x | 0.11x |
| Revenue Growth | -93.05% | -4.71% | -100% | - | -100% | - | 384.09% | 3653.73% | 99.07% | -100% |
Sow Good Inc. (SOWG) stock FAQ — growth, dividends, profitability & financials explained
Sow Good Inc. (SOWG) saw revenue decline by 100.0% over the past year.
Sow Good Inc. (SOWG) reported a net loss of $40.6M for fiscal year 2025.
Sow Good Inc. (SOWG) has a return on equity (ROE) of -276.2%. Negative ROE indicates the company is unprofitable.
Sow Good Inc. (SOWG) had negative free cash flow of $4.6M in fiscal year 2025, likely due to heavy capital investments.
Sow Good Inc. (SOWG) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates