FTE Networks, Inc.
Communication Services · Telephone Communications (No Radiotelephone) · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $3.1M | $3.5M | $215.5M | $12.3M | $14.4M | $16.9M |
| Operating income | −$5.5M | −$5.1M | −$10.5M | −$2.4M | −$1.6M | −$847,700 |
| Net income | −$25.5M | −$1.1M | −$92.1M | −$6.2M | −$3.6M | $515,518 |
| Total assets | $156.2M | $160.8M | $168.7M | $14.7M | $4.9M | $2.6M |
| Total liabilities | $228.3M | $217.4M | $239.5M | $24.6M | $16.0M | $12.1M |
| Equity | −$72.1M | −$56.6M | −$70.8M | −$17.8M | −$9.9M | −$9.5M |
| EPS (diluted) | $-1.63 | $-0.19 | — | $-0.10 | $-1.71 | $0.01 |
| Shares out. | 18.4M | 6.3M | 126.2M | 46.4M | 2.3M | 40.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −175.1%
- Net margin
- −816.0%
- Return on equity
- 35.4%
- Return on assets
- −16.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 146.1%
- Debt / equity
- —
- Book value / share
- $-3.91
- Revenue growth (YoY)
- −11.0%
- 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 · FY2019- Altman Z″ (distress)
- -6.62distress
- Accruals / assets
- −7.4%clean
- Piotroski F-Score
- 1/9weak
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● 5 warning● 2 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
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Aug 17, 2020
- NT 10-Kmissed a reporting deadline ↗May 14, 2020
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2018
- NT 10-Qmissed a reporting deadline ↗May 16, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2018
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 |
|---|---|---|---|---|
| Goodwin StephenOfficer — EVP of Operations | Jan 16, 2020 | Grant | 250,000 | $0.00 |
| Lateral Investment Management, Llc10% owner | Jul 2, 2019 | J | 1.5M | — |
| Mcmahon Brian P | Sep 13, 2018 | Conversion | 178,000 | — |
| Sacramone FredOfficer — President | Feb 12, 2019 | J | 356,513 | — |
| Lateral Investment Management, Llc10% owner | Feb 12, 2019 | Grant | 1.4M | — |
| Ferguson ChristopherDirector | Dec 12, 2018 | Buy | 3,000 | $3.52 |
| Mitchell Donal BradfordDirector | Dec 7, 2018 | Buy | 700 | $3.90 |
| Sacramone FredDirector | Dec 7, 2018 | Buy | 3,000 | $3.90 |
| O'Hare Patrick J.Director | Dec 6, 2018 | Buy | 2,350 | $4.15 |
| Lethem DavidOfficer — Chief Financial Officer | Nov 30, 2018 | Buy | 2,000 | $4.74 |
| Palleschi MichaelOfficer — Chief Executive Officer | Dec 3, 2018 | Buy | 898 | $4.32 |
| Palleschi MichaelOfficer — Chief Executive Officer | Nov 29, 2018 | Buy | 10,000 | $5.51 |
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- Other material eventJul 24, 2025
- Other material eventJan 21, 2025
- Other material eventAug 13, 2024
- Modified shareholder rights · Amended charter or bylawsMar 15, 2023
- Other material eventMar 13, 2023
- Regulation FD disclosureAug 26, 2022
- Regulation FD disclosureAug 15, 2022
- Regulation FD disclosureMay 23, 2022
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 ↗Event-driven situations (1)
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