iTalk Inc.
Communication Services · Telephone Communications (No Radiotelephone) · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|
| Revenue | $689,824 | $802,241 | $195,339 | $0 | $0 |
| Operating income | −$333,817 | −$1.8M | −$637,409 | −$26,656 | — |
| Net income | −$1.3M | −$3.5M | −$655,397 | −$26,656 | −$11,809 |
| Total assets | $144,223 | $213,388 | $570,603 | $1,578 | $1,637 |
| Total liabilities | $2.5M | $2.1M | — | — | — |
| Equity | −$2.4M | −$1.9M | −$123,353 | −$50,957 | −$24,301 |
| EPS (diluted) | $0.00 | $-0.02 | $-0.01 | $0.00 | $-0.01 |
| Shares out. | 1.81B | 201.5M | 49.5M | 1.7M | 1.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- −48.4%
- Net margin
- −186.3%
- Return on equity
- 53.5%
- Return on assets
- −891.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 1765.9%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- −14.0%
- 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 · FY2015- Altman Z″ (distress)
- -257.85distress
- Accruals / assets
- −811.3%clean
- 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 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
● 3 severe● 5 warning● 2 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
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Nov 30, 2015
- NT 10-Qmissed a reporting deadline ↗Jul 16, 2015
- NT 10-Qmissed a reporting deadline ↗Apr 15, 2015
- NT 10-Qmissed a reporting deadline ↗Jan 15, 2015
- NT 10-Kmissed a reporting deadline ↗Dec 1, 2014
- NT 10-Qmissed a reporting deadline ↗Jul 14, 2014
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 |
|---|---|---|---|---|
| Levy David FranklinOfficer — Chief Executive Officer | Jul 1, 2014 | Buy | 30,000 | $0.01 |
| Levy David FranklinOfficer — Chief Executive Officer | May 29, 2014 | Buy | 23,000 | $0.03 |
| Levy David FranklinOfficer — Chief Executive Officer | Oct 30, 2013 | Buy | 2,000 | $0.85 |
| Levy David FranklinOfficer — Chief Executive Officer | Oct 19, 2013 | J | 5 | — |
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- Regulation FD disclosureJul 21, 2016
- Regulation FD disclosureJul 11, 2016
- Results of operations · Prior financials not reliable (restatement) · Other material eventJun 13, 2016
- Regulation FD disclosureJun 8, 2016
- Amended charter or bylawsMay 27, 2016
- Regulation FD disclosureMay 6, 2016
- Regulation FD disclosureMar 2, 2016
- Other material eventFeb 10, 2016
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)
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