QAD INC
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $307.9M | $310.8M | $333.0M | $305.0M | $278.0M | $277.9M |
| Operating income | $12.7M | −$5.7M | $9.6M | −$3.1M | $3.4M | $10.2M |
| Net income | $11.1M | −$15.9M | $10.4M | −$9.1M | −$15.4M | $8.9M |
| Total assets | $350.8M | $322.8M | $317.2M | $299.8M | $280.9M | $286.4M |
| Total liabilities | $221.3M | $206.7M | $183.9M | — | — | — |
| Equity | $129.5M | $116.1M | $133.2M | $105.6M | $112.7M | $127.0M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | — | — | — | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- 4.1%
- Net margin
- 3.6%
- Return on equity
- 8.5%
- Return on assets
- 3.2%
- Return on capital (ROCE)
- 7.4%
- Liabilities / assets
- 63.1%
- Debt / equity
- 1.71×
- Book value / share
- —
- Revenue growth (YoY)
- −0.9%
- 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 · FY2021- Altman Z″ (distress)
- 1.54grey zone
- Accruals / assets
- −6.2%clean
- Beneish M-Score
- -2.66normal
- Piotroski F-Score
- 6/8mixed
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. What these scores mean →
Signs
● 1 severe● 2 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Altman Z″ in the grey zone
- Operating margin is positive
- Positive operating cash flow
- 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-Qmissed a reporting deadline ↗Jun 12, 2007
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventNov 5, 2021
- Shareholder vote · Other material eventNov 2, 2021
- Shareholder vote · Other material eventOct 15, 2021
- Other material eventOct 12, 2021
- Other material eventOct 12, 2021
- Other material eventSep 27, 2021
- Results of operationsAug 25, 2021
- Other material eventAug 13, 2021
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 ↗Event-driven situations (2)
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