Forest Investments, Inc.
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $37.5M | $31.1M | $4.1M | $4.9M | $1.3M | $4.5M |
| Operating income | −$1.0M | −$517,000 | −$2.4M | −$4.6M | −$9.8M | −$8.0M |
| Net income | −$11.6M | $4.2M | −$2.0M | −$15.2M | $9.4M | −$41.8M |
| Total assets | $195.4M | $182.7M | $133.6M | $76.7M | $80.9M | $88.9M |
| Total liabilities | $126.9M | $113.7M | $69.0M | $10.5M | $44.1M | $65.4M |
| Equity | $60.8M | $61.1M | $64.4M | $66.2M | $36.8M | $23.5M |
| EPS (diluted) | $-0.46 | $0.17 | $-0.08 | $-0.93 | — | $-0.37 |
| Shares out. | 25.6M | 25.4M | 25.9M | 24.1M | 9.5M | 112.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- −2.7%
- Net margin
- −30.9%
- Return on equity
- −19.1%
- Return on assets
- −5.9%
- Return on capital (ROCE)
- −0.6%
- Liabilities / assets
- 64.9%
- Debt / equity
- 2.09×
- Book value / share
- $2.38
- Revenue growth (YoY)
- 20.6%
- Net income growth (YoY)
- −374.2%
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 · FY2020- Altman Z″ (distress)
- -52.66distress
- Accruals / assets
- −12.8%clean
- 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. What these scores mean →
Signs
● 2 severe● 2 warning● 3 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 is growing year-over-year
- 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-Kmissed a reporting deadline ↗Sep 13, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2018
- NT 10-Qmissed a reporting deadline ↗May 10, 2018
- NT 10-Kmissed a reporting deadline ↗Sep 14, 2017
- NT 10-Qmissed a reporting deadline ↗Feb 10, 2017
- NT 10-Kmissed a reporting deadline ↗Sep 14, 2016
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- Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Other material eventDec 29, 2020
- Entered a material agreement · Delisting / listing-standard notice · Modified shareholder rights · Other material eventDec 21, 2020
- Results of operationsNov 16, 2020
- Results of operationsSep 18, 2020
- Results of operationsMay 12, 2020
- Director / officer changeApr 1, 2020
- Entered a material agreement · New financial obligation · Unregistered equity sale · Director / officer change · Other material eventMar 2, 2020
- Results of operationsFeb 10, 2020
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 ↗- SC 13G/AJun 28, 2022
- SC 13G/AFeb 11, 2022
- SC 13G/AANNUAL G UPDATEFeb 16, 2021
- 15-12BJan 8, 2021
- SC 13DJan 7, 2021
- 4FORM 4 SUBMISSIONJan 6, 2021
- 4FORM 4Dec 31, 2020
- EFFECTDec 30, 2020
- EFFECTDec 30, 2020
- S-8 POSDec 29, 2020
- S-8 POSDec 29, 2020
- S-8 POSDec 29, 2020
- S-8 POSDec 29, 2020
- S-8 POSDec 29, 2020
- S-8 POSDec 29, 2020
Event-driven situations (3)
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