Home / Going-concern warnings / RGC RESOURCES INC

3/5RGC RESOURCES INC (RGCO): Going-concern doubt

Filed 2025-05-07 路 Form 10-Q 路 Accession 0001437749-25-015081 micro

Market data

Price before filing: $20.39 (2025-05-06 close, split/dividend-adjusted)
Market cap at flag: $217.4M (2025-05-07) 路 Latest: $232.6M (2026-10-16)

What happened next

WindowRGCOSPYvs SPY
30 days-4.1%+7.2%-11.3%2025-06-06
90 days-1.5%+12.7%-14.2%2025-08-05
180 days-1.2%+23.0%-24.2%2025-11-03
1 year+13.9%+32.4%-18.5%2026-05-07

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As a result, under ASU 2014 - 15, substantial doubt exists about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-03-31)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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