MERU NETWORKS INC
Technology · Computer Communications Equipment · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|---|
| Revenue | $90.9M | $105.7M | $97.5M | $90.5M | $85.0M | $69.5M |
| Operating income | −$19.1M | −$9.9M | −$28.9M | −$26.1M | −$1.7M | −$923,000 |
| Net income | −$20.9M | −$12.4M | −$31.1M | −$26.7M | −$36.6M | −$17.4M |
| Total assets | $42.7M | $62.4M | $54.2M | $66.8M | $84.4M | — |
| Total liabilities | $40.6M | $46.2M | $44.6M | $34.4M | $34.5M | — |
| Equity | $2.1M | $16.3M | $9.6M | $32.5M | $49.9M | −$155.4M |
| EPS (diluted) | — | — | — | $-1.54 | $-3.06 | $-45.15 |
| Shares out. | 23.0M | 22.1M | 17.7M | 17.7M | 16.3M | 380,179 |
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
- −21.0%
- Net margin
- −23.0%
- Return on equity
- −995.7%
- Return on assets
- −48.9%
- Return on capital (ROCE)
- −211.5%
- Liabilities / assets
- 95.1%
- Debt / equity
- 19.38×
- Book value / share
- $0.09
- Revenue growth (YoY)
- −14.0%
- 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 · FY2014- Altman Z″ (distress)
- -24.24distress
- Accruals / assets
- −21.5%clean
- Beneish M-Score
- -3.71normal
- 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 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. What these scores mean →
Signs
● 1 severe● 5 warning● 1 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative 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.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosureJul 8, 2015
- Entered a material agreementMay 27, 2015
- Entered a material agreement · Terminated a material agreement · New financial obligation · Unregistered equity saleMay 26, 2015
- Shareholder voteMay 22, 2015
- Results of operationsMay 4, 2015
- Results of operations · Director / officer changeApr 6, 2015
- Director / officer change · Other material eventMar 9, 2015
- Director / officer changeFeb 17, 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 ↗- 15-12BJul 22, 2015
- EFFECTJul 21, 2015
- SC 13G/AJul 20, 2015
- POS AMJul 20, 2015
- S-8 POSJul 20, 2015
- S-8 POSJul 20, 2015
- S-8 POSJul 20, 2015
- S-8 POSJul 20, 2015
- S-8 POSJul 20, 2015
- S-8 POSJul 20, 2015
- S-8 POSJul 20, 2015
- S-8 POSJul 20, 2015
- SC 13G/AMERU NETWORKS, INC.Jul 16, 2015
- 4FORM 4 SUBMISSIONJul 10, 2015
- 4FORM 4 SUBMISSIONJul 10, 2015
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.