TELECOMMUNICATION SYSTEMS INC /FA/
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Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|---|
| Revenue | $85.1M | $94.8M | $487.4M | $425.4M | $388.8M | $300.1M |
| Operating income | $12.2M | −$29.9M | −$105.7M | $20.9M | $32.4M | $48.9M |
| Net income | −$477,000 | −$829,000 | −$98.0M | $7.0M | $15.9M | $28.3M |
| Total assets | $334.1M | $321.5M | $413.7M | $489.6M | $462.8M | — |
| Total liabilities | — | — | — | — | — | — |
| Equity | $112.8M | $109.2M | $161.1M | $250.7M | $215.5M | $185.8M |
| EPS (diluted) | $-0.01 | $-0.01 | $-0.01 | $0.12 | $0.28 | $0.53 |
| Shares out. | — | 58.6M | 57.9M | 58.6M | 56.0M | 53.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- 14.3%
- Net margin
- −0.6%
- Return on equity
- −0.4%
- Return on assets
- −0.1%
- Return on capital (ROCE)
- 5.1%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- −10.2%
- 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 · FY2014- Accruals / assets
- 2.1%clean
- Piotroski F-Score
- 3/7weak
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
● 1 severe● 3 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Operating margin is positive
- 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 11-Kmissed a reporting deadline ↗May 1, 2012
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 |
|---|---|---|---|---|
| Kutler Jon BDirector | Feb 23, 2016 | U | 2.4M | $5.00 |
| Bethmann James MichaelDirector | Feb 23, 2016 | U | 110,942 | $5.00 |
| Huly Jan CDirector | Feb 23, 2016 | U | 112,489 | $5.00 |
| Jafari Ali RezaDirector | Feb 23, 2016 | U | 112,609 | $5.00 |
| Latham Weldon HDirector | Feb 23, 2016 | U | 168,844 | $5.00 |
| Bell Don Carlos IiiDirector | Feb 23, 2016 | U | 50,000 | $5.00 |
| Madon Michael PDirector | Feb 23, 2016 | U | 13,719 | $5.00 |
| Brandt Thomas M JrOfficer — Sr. VP & CFO | Feb 23, 2016 | U | 581,931 | $5.00 |
| Tose Maurice BOfficer — Chairman, President & CEO | Feb 23, 2016 | U | 276,669 | $5.00 |
| Young Richard AOfficer — Exec. VP & COO | Feb 23, 2016 | U | 484,572 | $5.00 |
| Lorello Timothy JamesOfficer — Sr. VP & CMO | Feb 23, 2016 | U | 123,766 | $5.00 |
| Tose Maurice BOfficer — Chairman, President & CEO | Aug 4, 2015 | Gift | 18,865 | $3.71 |
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsFeb 23, 2016
- Director / officer changeDec 29, 2015
- Amended charter or bylawsDec 17, 2015
- Director / officer changeNov 24, 2015
- Entered a material agreement · Director / officer change · Other material eventNov 23, 2015
- Results of operationsOct 29, 2015
- Results of operationsJul 30, 2015
- Other material eventJul 7, 2015
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/ASCHEDULE 13G/AFeb 9, 2017
- 15-12GFORM 15-12GMar 7, 2016
- EFFECTFeb 29, 2016
- EFFECTFeb 29, 2016
- EFFECTFeb 29, 2016
- EFFECTFeb 29, 2016
- EFFECTFeb 29, 2016
- EFFECTFeb 29, 2016
- 3FORM 3Feb 24, 2016
- 4FORM 4 SUBMISSIONFeb 24, 2016
- 4FORM 4 SUBMISSIONFeb 24, 2016
- 4FORM 4 SUBMISSIONFeb 24, 2016
- 4FORM 4 SUBMISSIONFeb 24, 2016
- 4FORM 4 SUBMISSIONFeb 24, 2016
- 4FORM 4 SUBMISSIONFeb 24, 2016
Event-driven situations (1)
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