Simply, Inc.
Industrials · Wholesale-Electronic Parts & Equipment, NEC · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $79.1M | $68.0M | $5.3M | $30.4M | $11.6M | $13.6M |
| Operating income | −$12.5M | −$8.8M | −$850,000 | −$13.2M | −$9.6M | −$6.7M |
| Net income | −$11.1M | $4.3M | −$2.1M | −$21.0M | −$27.3M | −$7.5M |
| Total assets | $30.4M | $24.7M | $27.4M | $27.8M | $13.7M | $22.5M |
| Total liabilities | $36.4M | $27.5M | $38.7M | $37.9M | $16.4M | $24.8M |
| Equity | −$6.0M | −$2.8M | −$11.3M | −$10.0M | −$2.8M | −$2.3M |
| EPS (diluted) | $-0.93 | $0.42 | $-0.48 | $-17.80 | — | — |
| Shares out. | 15.5M | 11.7M | 47.6M | 8.3M | 3.4M | 14.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −15.8%
- Net margin
- −14.1%
- Return on equity
- 186.4%
- Return on assets
- −36.5%
- Return on capital (ROCE)
- −141.0%
- Liabilities / assets
- 119.6%
- Debt / equity
- —
- Book value / share
- $-0.38
- Revenue growth (YoY)
- 16.3%
- Net income growth (YoY)
- −360.0%
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 · FY2022- Altman Z″ (distress)
- -11.88distress
- Accruals / assets
- −8.6%clean
- Beneish M-Score
- -2.78normal
- 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
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- 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
- Strong return on equity (>15%)
- 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-Kmissed a reporting deadline ↗May 14, 2020
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗May 14, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2005
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 |
|---|---|---|---|---|
| Sol Global Investments Corp.10% owner | Nov 2, 2021 | Sell | 224,194 | $731096.00 |
| Voigt ReinierOfficer — President and CEO | Nov 1, 2021 | Grant | 300,000 | $0.00 |
| Taylor KevinDirector | Nov 1, 2021 | Grant | 175,000 | $0.00 |
| Galloro MichaelDirector | Nov 1, 2021 | Grant | 175,000 | $0.00 |
| Sol Verano Blocker 1 Llc10% owner | Sep 29, 2021 | Buy | 133,334 | $3.75 |
| Sol Verano Blocker 1 Llc10% owner | Sep 13, 2021 | Buy | 120,773 | $4.14 |
| Sol Verano Blocker 1 Llc10% owner | Sep 2, 2021 | Buy | 128,370 | $3.90 |
| Sol Verano Blocker 1 Llc10% owner | Aug 31, 2021 | Buy | 26,053 | $116675.00 |
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- Bankruptcy or receivership · Debt acceleration / triggering event · Director / officer change · Other material eventJun 16, 2022
- Costs from exit or disposal · Other material eventJun 9, 2022
- Unregistered equity saleApr 5, 2022
- Entered a material agreement · New financial obligationJan 20, 2022
- Entered a material agreement · New financial obligationDec 20, 2021
- Entered a material agreement · New financial obligationNov 29, 2021
- Entered a material agreement · New financial obligation · Unregistered equity saleNov 8, 2021
- Entered a material agreement · New financial obligation · Unregistered equity saleOct 22, 2021
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 ↗- 144/AFORM 144/AJul 29, 2022
- 144Jul 14, 2022
- 144Jul 14, 2022
- 8-K8-K CHAPTER 7 FILINGJun 16, 2022
- 8-KBANKRUPTCY FILING PLANNEDJun 9, 2022
- 10-KApr 22, 2022
- 8-K8-K - REVOLUTION BRANDS SETTLEMENT AGREEMENTApr 5, 2022
- SC 13D/AFORM SC 13D/AJan 31, 2022
- SC 13D/AFORM SC 13D/AJan 31, 2022
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESJan 31, 2022
- 8-K8-K - LINE FINANCIAL AMENDMENTJan 20, 2022
- 8-K8-K - 2021 ANNUAL MEETINGDec 20, 2021
- 10-QDec 14, 2021
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESDec 6, 2021
- SC 13D/AFORM SC 13D/ADec 6, 2021
Event-driven situations (1)
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