AMERICAN WAGERING INC
Consumer Discretionary · Services-Miscellaneous Amusement & Recreation · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | |
|---|---|---|
| Revenue | $11.0M | $11.6M |
| Operating income | −$3.6M | −$2.2M |
| Net income | −$4.6M | −$3.3M |
| Total assets | $6.3M | $6.7M |
| Total liabilities | $12.5M | $8.5M |
| Equity | −$6.2M | −$1.8M |
| EPS (diluted) | — | — |
| Shares out. | 8.4M | 8.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −32.4%
- Net margin
- −41.5%
- Return on equity
- 74.3%
- Return on assets
- −72.6%
- Return on capital (ROCE)
- −182.9%
- Liabilities / assets
- 197.7%
- Debt / equity
- —
- Book value / share
- $-0.73
- Revenue growth (YoY)
- −5.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Altman Z″ (distress)
- -15.01distress
- Accruals / assets
- −10.8%clean
- Beneish M-Score
- -3.54normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗May 2, 2011
- NT 10-Qmissed a reporting deadline ↗Dec 16, 2010
- NT 10-Qmissed a reporting deadline ↗Sep 15, 2010
- NT 10-Qmissed a reporting deadline ↗Jun 15, 2010
- NT 10-Kmissed a reporting deadline ↗May 4, 2010
- NT 10-Kmissed a reporting deadline ↗May 4, 2009
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Change in controlJul 3, 2012
- Entered a material agreementApr 13, 2012
- New financial obligationJan 20, 2012
- New financial obligationSep 9, 2011
- Entered a material agreement · New financial obligation · Shareholder vote · Other material eventApr 14, 2011
- Shareholder voteDec 29, 2010
- Entered a material agreement · Director / officer changeNov 17, 2010
- Prior financials not reliable (restatement)Oct 13, 2010
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GNOTICE OF TERMINATIONJul 12, 2012
- S-8 POSPOST EFFECTIVE AMENDMENTJul 5, 2012
- S-8 POSPOST EFFECTIVE AMENDMENTJul 5, 2012
- S-8 POSPOST EFFECTIVE AMENDMENTJul 5, 2012
- S-8 POSPOST EFFECTIVE AMENDMENTJul 5, 2012
- 8-KMERGER COMPLETEJul 3, 2012
- 10-QFORM 10-Q 04/30/2012Jun 14, 2012
- 10-KFORM 10 K 1.31.2012Apr 30, 2012
- 8-KFORM 8-K 4.13.2012Apr 13, 2012
- SC 13GF12-02_01BRTM13GFeb 14, 2012
- 8-KFORM 8-K 1.13.2012 RESERVE REQUIREMENTJan 20, 2012
- 10-Q3RD Q-FORM 10QDec 15, 2011
- 4FORM 4Sep 21, 2011
- 10-QFORM 10-Q 09/13/2011Sep 14, 2011
- 8-KTRANCHE 2 FROM BRIDGE LOANSep 9, 2011
Event-driven situations (1)
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