Tradewinds Universal
TRWD · Food and Kindred Products · 43.7M shares · +243%/yr ↑ shares · EDGAR filings ↗
Grade
F35Going-concern nano-cap with negligible revenue, a large stock-comp-driven loss and a pivot toward unrelated nightlife ventures.
Strengths
- No significant debt on the balance sheet
- 100% gross margin reported on small licensing/distribution revenue
Risks
- Going-concern doubt, $16.6K cash, $1.18M accumulated deficit and net margin -670% (13th pct)
- Revenue falling 22% with an unproven pivot from insect-protein bars to strip-club hospitality acquisitions
Notable findings
- Going concernThese conditions raise substantial doubt about the Company’s ability to continue as a going concern
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -670.2%)
- Revenue declineRevenue -37.4% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-290.5%
Return on assets
-290.5%
Revenue growth (QoQ)
-66.7%
Tangible book value
$117K
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-08 | 2026-05-15 | 0001079973-26-000795 ↗ |
| 10-Q | 2026-05-14 | 2026-03-31 | 0001079973-26-000654 ↗ |
| 10-K/A | 2026-04-17 | 2025-12-31 | 0001079973-26-000502 ↗ |
| 10-K | 2026-04-15 | 2025-12-31 | 0001079973-26-000479 ↗ |
| 8-K | 2026-04-15 | 2026-04-14 | 0001079973-26-000483 ↗ |
| 10-Q | 2025-11-14 | 2025-09-30 | 0001079973-25-001743 ↗ |
| 8-K | 2025-08-21 | 2025-08-19 | 0001079973-25-001360 ↗ |
| 10-Q | 2025-08-14 | 2025-06-30 | 0001079973-25-001280 ↗ |
| 10-Q | 2025-05-15 | 2025-03-31 | 0001079973-25-000821 ↗ |
| 8-K | 2025-05-06 | 2025-05-06 | 0001079973-25-000758 ↗ |
| 10-K | 2025-03-31 | 2024-12-31 | 0001079973-25-000543 ↗ |
| 10-Q | 2024-11-14 | 2024-09-30 | 0001079973-24-001541 ↗ |