XPLORE TECHNOLOGIES CORP
Technology · Computer & office Equipment · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $86.9M | $77.9M | $16.5M | $42.6M | $35.6M | $5.9M |
| Operating income | $662,000 | −$2.1M | −$1.6M | $327,000 | −$2.4M | −$1.0M |
| Net income | $300,000 | −$2.6M | −$362,000 | $249,000 | −$1.8M | $306,000 |
| Total assets | $63.6M | $45.7M | $53.2M | $35.3M | $20.1M | $20.2M |
| Total liabilities | $33.3M | $16.4M | $22.0M | $6.5M | $5.0M | $4.7M |
| Equity | $30.3M | $29.3M | $31.2M | $28.8M | $15.1M | $15.5M |
| EPS (diluted) | $0.03 | $-0.23 | $-0.03 | $0.03 | — | — |
| Shares out. | 11.1M | 11.0M | 10.9M | 10.8M | 8.4M | 8.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- 0.8%
- Net margin
- 0.3%
- Return on equity
- 1.0%
- Return on assets
- 0.5%
- Return on capital (ROCE)
- 2.0%
- Liabilities / assets
- 52.4%
- Debt / equity
- 1.10×
- Book value / share
- $2.73
- Revenue growth (YoY)
- 11.5%
- 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 · FY2018- Altman Z″ (distress)
- -4.64distress
- Accruals / assets
- 26.1%high accruals
- Beneish M-Score
- -0.89elevated
- 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. What these scores mean →
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- High accruals — earnings-quality risk
- Beneish M-Score elevated — earnings-manipulation screen flag
- Operating margin is positive
- Revenue is growing year-over-year
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-Kmissed a reporting deadline ↗Jun 29, 2018
- NT 10-Kmissed a reporting deadline ↗Jun 29, 2009
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 |
|---|---|---|---|---|
| Zimmerman Michael WOfficer — Vice President Operations | Aug 14, 2018 | U | 21,198 | $6.00 |
| Wilkinson Thomas WileyOfficer — President and CEO | Aug 14, 2018 | U | 30,000 | $6.00 |
| Neville Donald F.Director | Aug 14, 2018 | U | 5,000 | $6.00 |
| Misemer Kent AllenDirector | Aug 14, 2018 | U | 654 | $6.00 |
| Graff JohnOfficer — Chief Revenue Officer | Aug 14, 2018 | U | 58,198 | $6.00 |
| Goren AndreaDirector | Aug 14, 2018 | U | 1.1M | $6.00 |
| Bell Bryan JOfficer — Vice President of Engineering | Aug 14, 2018 | U | 11,021 | $6.00 |
| Sassower Philip S | Feb 27, 2018 | J | 70,000 | $0.00 |
| Goren AndreaDirector | Feb 14, 2018 | J | 24,524 | $0.00 |
| Sassower Philip S | Feb 14, 2018 | J | 12,262 | $0.00 |
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- 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 bylawsAug 14, 2018
- Results of operationsJul 5, 2018
- Entered a material agreement · Modified shareholder rights · Director / officer change · Other material eventJul 5, 2018
- Director / officer change · Regulation FD disclosureMay 18, 2018
- Entered a material agreement · Director / officer changeFeb 13, 2018
- Entered a material agreementFeb 1, 2018
- Director / officer change · Regulation FD disclosureJan 26, 2018
- Regulation FD disclosureDec 29, 2017
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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