Net Element, Inc.
Technology · Services-Computer Processing & Data Preparation · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $183,179 | $242 |
| Operating income | −$25.1M | −$3.1M |
| Net income | −$24.9M | −$3.1M |
| Total assets | $1.7M | $2.8M |
| Total liabilities | $6.9M | $3.1M |
| Equity | −$5.2M | −$631,488 |
| EPS (diluted) | — | — |
| Shares out. | 742.3M | 642.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- −13678.3%
- Net margin
- −13567.7%
- Return on equity
- 475.8%
- Return on assets
- −1489.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 413.1%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- 75593.8%
- 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 · FY2011- Altman Z″ (distress)
- -211.69distress
- Accruals / assets
- −1191.3%clean
- 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
● 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-Qmissed a reporting deadline ↗Nov 17, 2008
- NT 10-Qmissed a reporting deadline ↗Feb 15, 2008
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2007
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2006
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2006
- NT 10-Kmissed a reporting deadline ↗Jun 29, 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.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Modified shareholder rights · Director / officer change · Shareholder voteOct 3, 2012
- Entered a material agreementSep 19, 2012
- Entered a material agreement · Other material eventSep 12, 2012
- Regulation FD disclosure · Other material eventSep 5, 2012
- Regulation FD disclosure · Other material eventSep 5, 2012
- Entered a material agreement · New financial obligationAug 23, 2012
- Entered a material agreement · New financial obligationJul 10, 2012
- Entered a material agreement · New financial obligationJul 2, 2012
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 ↗- 4OWNERSHIP DOCUMENTAug 11, 2017
- 5OWNERSHIP DOCUMENTFeb 5, 2014
- SC 13DSCHEDULE 13DOct 9, 2012
- SC 13D/ASCHEDULE 13D AMENDMENT NO.3Oct 5, 2012
- 4OWNERSHIP DOCUMENTOct 4, 2012
- 4OWNERSHIP DOCUMENTOct 4, 2012
- 4MAIN DOCUMENT DESCRIPTIONOct 4, 2012
- 4OWNERSHIP DOCUMENTOct 4, 2012
- 4OWNERSHIP DOCUMENTOct 3, 2012
- 15-12GFORM 15Oct 3, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENTOct 3, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENTOct 3, 2012
- 4OWNERSHIP DOCUMENTOct 3, 2012
- 8-KFORM 8-KOct 3, 2012
- SC 13D/ASCHEDULE 13D/AOct 2, 2012
Event-driven situations (1)
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