SPINDLE, INC.
Industrials · Services-Business Services, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $88,247 | $589,000 | $521,037 | $868,462 | $1.3M | $113,354 |
| Operating income | −$2.5M | −$8.9M | −$4.1M | −$8.2M | −$3.6M | −$2.3M |
| Net income | −$3.1M | −$9.1M | −$3.9M | −$8.9M | −$3.7M | −$2.3M |
| Total assets | $43,356 | $395,877 | $8.1M | $7.9M | $5.9M | $1.7M |
| Total liabilities | $2.0M | $1.0M | $612,691 | $1.6M | $806,357 | $726,742 |
| Equity | −$1.9M | −$606,764 | $7.5M | $6.3M | $5.1M | $957,011 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 83.1M | 70.6M | 64.3M | 32.7M | 32.7M | 18.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −2812.6%
- Net margin
- −3557.1%
- Return on equity
- 161.0%
- Return on assets
- −7240.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 4597.5%
- Debt / equity
- —
- Book value / share
- $-0.02
- Revenue growth (YoY)
- −85.0%
- 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 · FY2017- Altman Z″ (distress)
- -3038.15distress
- Accruals / assets
- −4784.0%clean
- Beneish M-Score
- -233.99normal
- 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.
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-Qmissed a reporting deadline ↗Nov 14, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2018
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2017
- NT 10-Qmissed a reporting deadline ↗May 15, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2017
- NT 10-Qmissed a reporting deadline ↗May 16, 2013
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- Bankruptcy or receivership · Director / officer changeMar 29, 2019
- Amended charter or bylawsFeb 11, 2019
- New financial obligation · Amended charter or bylawsNov 21, 2018
- New financial obligation · Amended charter or bylawsOct 19, 2018
- Director / officer changeAug 7, 2018
- Director / officer changeJun 14, 2018
- Regulation FD disclosureJun 8, 2018
- Regulation FD disclosureMay 18, 2018
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 ↗- REVOKEDAug 16, 2021
- 8-KCURRENT REPORTMar 29, 2019
- 8-KCURRENT REPORTFeb 11, 2019
- 8-K/ACURRENT REPORTJan 28, 2019
- 8-KCURRENT REPORTNov 21, 2018
- 10-QQUARTERLY REPORTNov 19, 2018
- NT 10-QFORM 12B-25Nov 14, 2018
- 8-K/AAMENDMENT #1Oct 25, 2018
- 8-KCURRENT REPORTOct 19, 2018
- 3PRIMARY DOCUMENTAug 28, 2018
- 3PRIMARY DOCUMENTAug 24, 2018
- 10-QQUARTERLY REPORTAug 14, 2018
- 8-KCURRENT REPORTAug 7, 2018
- CT ORDERJul 2, 2018
- 8-KCURRENT REPORTJun 14, 2018
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.