Blockchain Industries, Inc.
Industrials · Services-Business Services, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|
| Revenue | $1.6M | $0 | $0 | $0 |
| Operating income | −$1.6M | −$148,000 | $0 | — |
| Net income | −$794,787 | −$153,913 | $0 | $0 |
| Total assets | $5.0M | $0 | $0 | $0 |
| Total liabilities | $1.8M | $5.0M | $5.0M | $5.0M |
| Equity | $3.2M | −$5.0M | −$5.0M | −$5.0M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 42.0M | 20.4M | 368,703 | 368,703 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −103.7%
- Net margin
- −50.2%
- Return on equity
- −24.6%
- Return on assets
- −15.8%
- Return on capital (ROCE)
- −50.8%
- Liabilities / assets
- 35.6%
- Debt / equity
- 0.55×
- Book value / share
- $0.08
- Revenue growth (YoY)
- —
- 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 · FY2018- Altman Z″ (distress)
- -4.78distress
- Accruals / assets
- −105.2%clean
- Piotroski F-Score
- 3/5weak
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● 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
- Conservative leverage (liabilities < 50% of assets)
- 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 ↗Dec 17, 2018
- NT 10-Qmissed a reporting deadline ↗Oct 30, 2018
- NT 10-Kmissed a reporting deadline ↗Jul 31, 2018
- NT 10-Qmissed a reporting deadline ↗Mar 17, 2009
- NT 10-Kmissed a reporting deadline ↗Jul 28, 2008
- NT 10-Qmissed a reporting deadline ↗Sep 13, 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- Director / officer changeAug 19, 2019
- Director / officer changeJul 3, 2019
- Prior financials not reliable (restatement)Jun 24, 2019
- Director / officer changeJun 21, 2019
- Director / officer changeApr 10, 2019
- Entered a material agreement · Other material eventJan 22, 2019
- Director / officer change · Other material eventJan 14, 2019
- Director / officer change · Amended charter or bylawsNov 16, 2017
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 REPORTAug 19, 2019
- UPLOADAug 13, 2019
- UPLOADJul 30, 2019
- UPLOADJul 11, 2019
- 8-KCURRENT REPORTJul 3, 2019
- 10-K/AAMENDED ANNUAL REPORTJun 24, 2019
- 10-Q/AAMENDED QUARTERLY REPORTJun 24, 2019
- 8-KCURRENT REPORTJun 24, 2019
- 8-K/AAMENDED CURRENT REPORTJun 24, 2019
- 8-KCURRENT REPORTJun 21, 2019
- CORRESPMay 28, 2019
- UPLOADMay 14, 2019
- 8-KCURRENT REPORTApr 10, 2019
- 8-K/APRIMARY DOCUMENTJan 23, 2019
- 8-KCURRENT REPORTJan 22, 2019
Event-driven situations (1)
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