Orbital Infrastructure Group, Inc.
Industrials · Wholesale-Electronic Parts & Equipment, NEC · CO · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $322.2M | $82.9M | $21.5M | $23.5M | $20.3M | $18.8M |
| Operating income | −$187.6M | −$52.8M | −$22.0M | −$16.0M | −$22.1M | −$16.3M |
| Net income | −$276.2M | −$61.3M | −$27.4M | −$1.1M | −$17.3M | −$12.6M |
| Total assets | $271.6M | $412.3M | $66.0M | $64.2M | $70.2M | $87.9M |
| Total liabilities | $416.3M | $316.1M | $48.9M | $21.0M | $28.6M | $30.4M |
| Equity | −$140.7M | $96.2M | $17.1M | $43.1M | $41.5M | $57.5M |
| EPS (diluted) | $-2.55 | $-1.05 | — | — | $-0.61 | $-0.56 |
| Shares out. | 85.4M | 46.5M | 28.4M | 28.6M | 28.5M | 20.9M |
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
- −58.2%
- Net margin
- −85.7%
- Return on equity
- 196.3%
- Return on assets
- −101.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 153.3%
- Debt / equity
- —
- Book value / share
- $-1.65
- Revenue growth (YoY)
- 288.5%
- 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)
- -15.45distress
- Accruals / assets
- −94.5%clean
- Piotroski F-Score
- 3/9weak
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
● 3 severe● 4 warning● 3 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- 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 ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 17, 2020
- NT 10-Qmissed a reporting deadline ↗May 15, 2020
- NT 10-Qmissed a reporting deadline ↗Aug 9, 2019
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 |
|---|---|---|---|---|
| Clough William JOfficer — Exec Chairman and Gen Counsel | Jan 14, 2023 | Conversion | 120,545 | — |
| Oneil James FOfficer — Chief Executive Officer | Jan 14, 2023 | Conversion | 200,784 | — |
| Cochennet SteveDirector | Jan 5, 2023 | Grant | 63,452 | — |
| Addison Paul TDirector | Jan 5, 2023 | Grant | 63,452 | — |
| Lambrecht Corey AllenDirector | Jan 5, 2023 | Grant | 63,452 | — |
| Thornton Jerry SueDirector | Jan 5, 2023 | Grant | 63,452 | — |
| Tucker SarahDirector | Jan 5, 2023 | Grant | 63,452 | — |
| Williams Laforrest VDirector | Jan 5, 2023 | Grant | 63,452 | — |
| Oneil James FOfficer — Chief Executive Officer | Apr 13, 2022 | Grant | 32,399 | — |
| Clough William JOfficer — Exec Chairman and Gen Counsel | Apr 13, 2022 | Grant | 12,171 | — |
| Oneil James FOfficer — Chief Executive Officer | Sep 15, 2022 | Grant | 157,214 | — |
| Clough William JOfficer — Exec Chairman and Gen Counsel | Sep 15, 2022 | Grant | 133,738 | — |
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- Bankruptcy or receivership · Modified shareholder rights · Director / officer changeDec 7, 2023
- Completed an acquisition or dispositionOct 27, 2023
- Other material eventOct 25, 2023
- Entered a material agreementOct 12, 2023
- Entered a material agreement · New financial obligation · Delisting / listing-standard noticeAug 30, 2023
- Bankruptcy or receivership · Debt acceleration / triggering event · Regulation FD disclosureAug 24, 2023
- Delisting / listing-standard notice · Regulation FD disclosureAug 23, 2023
- Entered a material agreement · Completed an acquisition or dispositionJul 11, 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 ↗- EFFECTDec 12, 2023
- EFFECTDec 12, 2023
- EFFECTDec 12, 2023
- EFFECTDec 11, 2023
- EFFECTDec 11, 2023
- 15-12GFORM 15-12GDec 7, 2023
- 15-12GFORM 15-12GDec 7, 2023
- 8-KFORM 8-KDec 7, 2023
- POS AMFORM POS AMDec 5, 2023
- POS AMFORM POS AMDec 5, 2023
- POS AMFORM POS AMDec 5, 2023
- POS AMFORM POS AMDec 5, 2023
- POS AMFORM POS AMDec 5, 2023
- S-8 POSFORM S-8 POSDec 5, 2023
- S-8 POSFORM S-8 POSDec 5, 2023