Event-Driven Stocks

CONNECTURE INC

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

Signs● 1 good● 5 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY17FY16FY15FY14FY13
Revenue$18.3M$17.6M$95.8M$84.6M$58.3M
Operating income−$2.7M−$5.9M−$1.5M−$4.3M−$22.6M
Net income−$3.7M−$7.3M−$7.3M−$10.2M−$26.4M
Total assets$83.1M$82.5M$82.7M$111.4M$93.2M
Total liabilities$85.2M$88.0M$113.9M$140.2M—
Equity−$77.2M−$57.4M−$31.2M−$28.8M−$106.1M
EPS (diluted)$-0.22$-0.33$-0.24$-41.34—
Shares out.22.6M22.1M22.1M21.7M—

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

Key ratios

from filings · FY2017
Operating margin
−14.7%
Net margin
−20.2%
Return on equity
4.8%
Return on assets
−4.5%
Return on capital (ROCE)
−31.4%
Liabilities / assets
102.5%
Debt / equity
—
Book value / share
$-3.42
Revenue growth (YoY)
4.1%
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 · FY2017
Altman Z″ (distress)
-12.34distress
Accruals / assets
13.1%high accruals
Piotroski F-Score
4/9mixed

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
31
/ 100
Profitability 20Growth 100Catalyst 33Earnings quality 0Financial strength 0

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.

Signs

● 2 severe● 5 warning● 1 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • 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.

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)