COUNTERPATH CORP
Technology · Services-Prepackaged Software · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $12.1M | $10.8M | $12.4M | $10.7M | $11.1M | $12.0M |
| Operating income | −$799,567 | −$5.2M | −$2.8M | −$3.0M | −$2.8M | −$5.3M |
| Net income | −$1.1M | −$5.0M | −$3.2M | −$2.5M | −$2.7M | −$4.4M |
| Total assets | $13.7M | $11.1M | $13.3M | $11.2M | $13.0M | $14.2M |
| Total liabilities | $11.6M | $7.9M | $5.1M | $4.1M | $3.9M | $4.3M |
| Equity | $2.0M | $3.2M | $8.2M | $7.2M | $9.1M | $9.9M |
| EPS (diluted) | — | — | — | $-0.52 | $-0.61 | $-1.05 |
| Shares out. | 6.4M | 6.0M | 5.9M | 4.9M | 4.6M | 42.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- −6.6%
- Net margin
- −9.1%
- Return on equity
- −53.6%
- Return on assets
- −8.0%
- Return on capital (ROCE)
- −25.3%
- Liabilities / assets
- 85.0%
- Debt / equity
- 5.68×
- Book value / share
- $0.32
- Revenue growth (YoY)
- 12.4%
- 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 · FY2020- Altman Z″ (distress)
- -19.27distress
- Accruals / assets
- −5.8%clean
- Beneish M-Score
- -2.40normal
- 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.
Signs
● 2 severe● 4 warning● 2 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
- High leverage (liabilities > 70% of assets)
- 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- NT 10-Qmissed a reporting deadline ↗Dec 18, 2006
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 |
|---|---|---|---|---|
| Karp DavidOfficer — CEO and President | Mar 1, 2021 | J | 32,894.638 | $3.49 |
| Alianza Inc10% owner | Mar 1, 2021 | Grant | 6.5M | $3.49 |
| Karp DavidOfficer — CEO and President | Jan 6, 2021 | Grant | 45.41 | $4.40 |
| Carothers ToddOfficer — Chief Revenue Officer | Jan 15, 2021 | Grant | 56.636 | $3.40 |
| Karp DavidOfficer — CEO and President | Dec 3, 2020 | Grant | 53.794 | $3.72 |
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventMar 2, 2021
- Shareholder vote · Regulation FD disclosureFeb 23, 2021
- Other material eventFeb 16, 2021
- Other material eventJan 13, 2021
- Regulation FD disclosureDec 14, 2020
- Entered a material agreementDec 7, 2020
- Regulation FD disclosureDec 7, 2020
- Amended charter or bylawsOct 16, 2020
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 ↗- 3Mar 9, 2021
- 3Mar 8, 2021
- 15-12GFORM 15-12GMar 8, 2021
- EFFECTMar 4, 2021
- SC 13D/AFORM SC 13D/AMar 4, 2021
- SC 13D/AFORM SC 13D/AMar 4, 2021
- 4FORM 4Mar 3, 2021
- 4FORM 4Mar 3, 2021
- 4FORM 4Mar 3, 2021
- 4FORM 4Mar 3, 2021
- 4FORM 4Mar 3, 2021
- 4FORM 4Mar 3, 2021
- 4FORM 4Mar 3, 2021
- 4FORM 4Mar 3, 2021
- SC 13D/AAMENDMENT NO. 1 TO SCHEDULE 13DMar 2, 2021
Event-driven situations (1)
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