Tearsheet

Garden Stage (GSIW)


Market Price (10/31/2025): $0.161 | Market Cap: $-
Sector: Financials | Industry: Diversified Capital Markets

Garden Stage (GSIW)


Market Price (10/31/2025): $0.161
Market Cap: $-
Sector: Financials
Industry: Diversified Capital Markets

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0   Penny stock
Mkt Price is 0.2
1   High stock price volatility
Vol 12M is 187%
0 Penny stock
Mkt Price is 0.2
1 High stock price volatility
Vol 12M is 187%

Market Valuation & Key Metrics

GSIW Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
GSIW Return-----91%-76%-98%
Peers Return-1%0%0%0%-18%16%-6%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
GSIW Win Rate--- 50%44% 
Peers Win Rate2%0%0%0%10%19% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
GSIW Max Drawdown-----93%-86% 
Peers Max Drawdown-1%0%0%0%-19%-36% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: ABTC, FIGR, GEMI, GRAN, GSIW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

GSIW has limited trading history. Below is the Financials sector ETF (XLF) in its place.

Unique KeyEventXLFS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-26.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven36.7%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven525 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-43.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven76.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven295 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-26.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven35.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven338 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-83.7%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven515.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven4470 days1480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -26.9% during the 2022 Inflation Shock from a high on 1/12/2022. A -26.9% loss requires a 36.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Garden Stage (GSIW)

Trade Ideas

Select past ideas related to GSIW. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HLNE_9302025_Dip_Buyer_FCFYield09302025HLNEHamilton LaneDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-14.4%-14.4%-14.4%
CNS_9302025_Dip_Buyer_ValueBuy09302025CNSCohen & SteersDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.9%5.9%-1.6%
JKHY_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-2.1%
FDS_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025FDSFactSet Research SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-7.7%-7.7%-7.7%
IBKR_9052025_Quality_Momentum_RoomToRun_10%09052025IBKRInteractive BrokersQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
15.0%15.0%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HLNE_9302025_Dip_Buyer_FCFYield09302025HLNEHamilton LaneDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-14.4%-14.4%-14.4%
CNS_9302025_Dip_Buyer_ValueBuy09302025CNSCohen & SteersDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.9%5.9%-1.6%
JKHY_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-2.1%
FDS_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025FDSFactSet Research SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-7.7%-7.7%-7.7%
IBKR_9052025_Quality_Momentum_RoomToRun_10%09052025IBKRInteractive BrokersQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
15.0%15.0%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Garden Stage

Financials

GSIWABTCFIGRGEMIGRANMedian
NameGarden S.American.Figure T.Gemini S.Grande  
Mkt Price0.165.1540.6617.492.705.15
Mkt Cap------
Rev LTM------
Op Inc LTM------
FCF LTM------
FCF 3Y Avg------
CFO LTM------
CFO 3Y Avg------

Growth & Margins

GSIWABTCFIGRGEMIGRANMedian
NameGarden S.American.Figure T.Gemini S.Grande  
Rev Chg LTM------
Rev Chg 3Y Avg------
Rev Chg Q------
QoQ Delta Rev Chg LTM------
Op Mgn LTM------
Op Mgn 3Y Avg------
QoQ Delta Op Mgn LTM------
CFO/Rev LTM------
CFO/Rev 3Y Avg------
FCF/Rev LTM------
FCF/Rev 3Y Avg------

Valuation

GSIWABTCFIGRGEMIGRANMedian
NameGarden S.American.Figure T.Gemini S.Grande  
Mkt Cap------
P/S------
P/EBIT------
P/E------
P/CFO------
Total Yield------
Dividend Yield------
FCF Yield 3Y Avg------
D/E------
Net D/E------

Returns

GSIWABTCFIGRGEMIGRANMedian
NameGarden S.American.Figure T.Gemini S.Grande  
1M Rtn6.7%-23.6%11.8%-27.0%-6.9%-6.9%
3M Rtn41.6%--92.3%--40.9%-40.9%
6M Rtn-62.8%--92.3%-250.6%-62.8%
12M Rtn-85.4%--92.3%-250.6%-85.4%
3Y Rtn---92.3%-250.6%79.2%
1M Excs Rtn1.0%-30.1%5.9%-25.0%-11.7%-11.7%
3M Excs Rtn31.4%--101.7%--49.6%-49.6%
6M Excs Rtn-84.5%--114.1%-228.9%-84.5%
12M Excs Rtn-103.6%--109.5%-233.5%-103.6%
3Y Excs Rtn---169.1%-173.9%2.4%

Financials

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity1,220,415
Short Interest: % Change Since 9302025-65.3%
Average Daily Volume9,242,067
Days-to-Cover Short Interest1

SEC Filings

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Report DateFiling DateFiling
3312025731202520-F 3/31/2025
930202412420256-K 9/30/2024
3312024731202420-F 3/31/2024
930202332820246-K 9/30/2023
33120236302023F-1 3/31/2023
33120222272023DRS/A 3/31/2022

Insider Activity

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