Casa Systems Inc
Technology · Radio & Tv Broadcasting & Communications Equipment · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $286.5M | $401.3M | $393.2M | $282.3M | $297.1M | $351.6M |
| Operating income | −$68.5M | $18.3M | $24.2M | −$9.1M | $79.0M | $136.2M |
| Net income | −$79.2M | $3.2M | $24.8M | −$48.2M | $73.0M | $88.5M |
| Total assets | $398.3M | $468.7M | $493.0M | $444.3M | $474.6M | $469.7M |
| Total liabilities | $348.9M | $386.8M | $416.6M | $405.7M | $399.8M | $419.5M |
| Equity | $49.4M | $81.9M | $76.4M | $38.6M | $74.9M | $50.2M |
| EPS (diluted) | $-0.86 | $0.04 | $0.29 | $-0.57 | $0.79 | $0.26 |
| Shares out. | 84.4M | 84.0M | 84.1M | 83.1M | 83.0M | 81.0M |
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
- −23.9%
- Net margin
- −27.6%
- Return on equity
- −160.3%
- Return on assets
- −19.9%
- Return on capital (ROCE)
- −92.1%
- Liabilities / assets
- 87.6%
- Debt / equity
- 7.06×
- Book value / share
- $0.58
- Revenue growth (YoY)
- −28.6%
- Net income growth (YoY)
- −2569.8%
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)
- -2.99distress
- Accruals / assets
- −17.7%clean
- Beneish M-Score
- -3.25normal
- Piotroski F-Score
- 1/9weak
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
● 1 severe● 5 warning● 1 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Chen WeidongOfficer — See Remarks | Dec 8, 2023 | Option exercise | 366,611 | — |
| Bruckner ScottDirector | Sep 13, 2023 | Option exercise | 22,936 | — |
| Durkin EdwardOfficer — CFO and Interim CEO | Jul 19, 2023 | Option exercise | 217,612 | — |
| Durkin EdwardOfficer — CFO and Interim CEO | Jun 17, 2023 | Option exercise | 72,537 | — |
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 · Bankruptcy or receivership · Completed an acquisition or disposition · Modified shareholder rights · Director / officer change · Other material eventJun 10, 2024
- Entered a material agreement · Completed an acquisition or dispositionMay 3, 2024
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Regulation FD disclosureApr 3, 2024
- Delisting / listing-standard noticeApr 2, 2024
- Director / officer changeMar 28, 2024
- Entered a material agreement · Director / officer changeJan 2, 2024
- Director / officer change · Regulation FD disclosureNov 21, 2023
- Results of operationsNov 7, 2023
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)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.