Elys BMG Group, Inc.
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $42.7M | $45.5M | $37.3M | $35.6M | $34.6M | $22.9M |
| Operating income | −$32.4M | −$26.9M | −$7.5M | −$3.0M | −$155,175 | $2.6M |
| Net income | −$18.3M | −$15.1M | −$9.9M | −$9.3M | −$3.6M | $1.4M |
| Total assets | $21.4M | $44.6M | $35.9M | $27.8M | $22.7M | $12.2M |
| Total liabilities | $14.2M | $26.8M | $15.7M | $19.0M | $12.7M | $8.1M |
| Equity | $7.2M | $17.7M | $20.2M | $8.8M | $9.9M | $4.3M |
| EPS (diluted) | $-0.70 | $-0.67 | — | — | $-0.04 | $0.02 |
| Shares out. | 23.7M | 22.0M | 12.3M | 77.2M | 74.3M | 37.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −76.0%
- Net margin
- −42.8%
- Return on equity
- −255.3%
- Return on assets
- −85.5%
- Return on capital (ROCE)
- −305.3%
- Liabilities / assets
- 66.5%
- Debt / equity
- 1.99×
- Book value / share
- $0.30
- Revenue growth (YoY)
- −6.3%
- 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 · FY2022- Altman Z″ (distress)
- -21.02distress
- Accruals / assets
- −65.8%clean
- Piotroski F-Score
- 2/9weak
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
● 2 severe● 4 warning● 1 good- 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
- Negative 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 ↗May 23, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2023
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Gold Street Capital Corp.10% owner | May 7, 2024 | Buy | 2.5M | $0.12 |
| Ciavarella MicheleOfficer — Chief Executive Officer | Dec 14, 2023 | Buy | 1.2M | $0.13 |
| Ciavarella MicheleOfficer — Chief Executive Officer | Dec 13, 2023 | Buy | 744,055 | $0.13 |
| Gold Street Capital Corp.10% owner | Dec 12, 2023 | Buy | 807,530 | $0.16 |
| Shallcross Steven ADirector | Feb 14, 2023 | Grant | 22,472 | $0.89 |
| Mandel-Mantello AndreaDirector | Feb 14, 2023 | Grant | 44,944 | $0.89 |
| Reali CarloOfficer — Interim CFO | Sep 25, 2022 | Grant | 200,000 | $0.00 |
| Ciavarella MicheleOfficer — Chief Executive Officer | Sep 25, 2022 | Grant | 300,000 | $0.00 |
| Ciavarella MicheleOfficer — Chief Executive Officer | Sep 6, 2022 | Grant | 33,000 | $0.58 |
| Ciavarella MicheleOfficer — Chief Executive Officer | Sep 1, 2022 | Grant | 40,000 | $0.56 |
| Ciavarella MicheleOfficer — Chief Executive Officer | Jan 9, 2022 | Grant | 41,795 | $2.61 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Director / officer changeJul 17, 2024
- Regulation FD disclosure · Other material eventMay 7, 2024
- Director / officer changeApr 2, 2024
- Amended charter or bylaws · Regulation FD disclosureJan 8, 2024
- Director / officer change · Shareholder voteNov 16, 2023
- Delisting / listing-standard noticeOct 17, 2023
- Delisting / listing-standard noticeJul 31, 2023
- Regulation FD disclosureJul 26, 2023
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 ↗- 8-KCURRENT REPORTJul 17, 2024
- NT 10-QNT 10QMay 23, 2024
- 4May 8, 2024
- 8-KCURRENT REPORTMay 7, 2024
- NT 10-KNT 10KApr 2, 2024
- 8-KCURRENT REPORTApr 2, 2024
- 8-KCURRENT REPORTJan 8, 2024
- 25-NSEDec 27, 2023
- 4Dec 18, 2023
- 4Dec 15, 2023
- 4Dec 14, 2023
- 10-QQUARTERLY REPORTNov 20, 2023
- 8-KCURRENT REPORTNov 16, 2023
- NT 10-QNT 10QNov 15, 2023
- DEF 14AOct 27, 2023
Event-driven situations (1)
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