Event-Driven Stocks

Novo Integrated Sciences, Inc.

NVOS

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Signs2 good3 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$13.3M$12.6M$11.7M$9.3M$7.9M$9.4M
Operating income−$10.1M−$8.6M−$25.0M−$4.4M−$4.3M−$785,597
Net income−$16.2M−$13.2M−$32.8M−$4.5M−$4.9M−$391,984
Total assets$32.1M$35.6M$40.9M$62.0M$35.4M$32.3M
Total liabilities$17.5M$11.1M$18.8M$18.2M$5.8M$6.7M
Equity$14.9M$24.8M$22.3M$43.9M$29.6M$25.6M
EPS (diluted)$-0.89$-1.30$-11.28$-0.18
Shares out.19.7M17.3M3.1M28.6M235.5M224.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
−75.8%
Net margin
−121.6%
Return on equity
−108.6%
Return on assets
−50.3%
Return on capital (ROCE)
−57.4%
Liabilities / assets
54.5%
Debt / equity
1.18×
Book value / share
$0.75
Revenue growth (YoY)
5.7%
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 · FY2024
Altman Z″ (distress)
-11.52distress
Accruals / assets
34.5%clean
Beneish M-Score
-4.15normal
Piotroski F-Score
2/9weak

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 Score
57
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 67Financial strength 50

Our 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 severe3 warning2 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
  • Negative operating cash flow
  • 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

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
3 acquisitions3 disposals3 open-market buy(s)net 8,645 shares · last 6
InsiderDateTypeSharesPrice
Oliva Robert LetterioDirectorApr 19, 2022Buy5,000$2.23
Oliva Robert LetterioDirectorApr 21, 2021Buy13,000$2.12
Oliva Robert LetterioDirectorFeb 22, 2021Buy9,355$4.31
Alpha Engines, Corp.10% ownerNov 1, 2007Sell6,000$1.46
Alpha Engines, Corp.10% ownerOct 29, 2007Sell20,000$1.37
Alpha Engines, Corp.10% ownerOct 23, 2007Sell10,000$1.40

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.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026921.00.0%
Apr 30, 2026921.00.0%
Apr 15, 2026921.00.0%
Mar 31, 2026921.00.0%
Mar 13, 2026921.00.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

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 (2)

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