VISION INDUSTRIES CORP
Industrials · Industrial Trucks, Tractors, Trailors & Stackers · FL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | |
|---|---|---|
| Revenue | $26,545 | $764,157 |
| Operating income | −$5.2M | −$6.3M |
| Net income | −$5.3M | −$6.4M |
| Total assets | $820,951 | $785,805 |
| Total liabilities | $1.5M | $1.9M |
| Equity | −$720,420 | −$1.2M |
| EPS (diluted) | — | — |
| Shares out. | 82.9M | 46.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −19449.1%
- Net margin
- −19900.8%
- Return on equity
- 733.3%
- Return on assets
- −643.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 187.8%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- −96.5%
- 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 · FY2012- Altman Z″ (distress)
- -130.35distress
- Accruals / assets
- −492.9%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● 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 ↗May 13, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2013
- NT 10-Qmissed a reporting deadline ↗May 15, 2013
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2013
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2012
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 |
|---|---|---|---|---|
| Novium Opportunity Umbrella Sicav Plc - Quality Investment Fund10% owner | Mar 26, 2013 | Buy | 2.0M | $0.12 |
| Novium Opportunity Umbrella Sicav Plc - Quality Investment Fund10% owner | May 24, 2012 | Buy | 135,741 | $0.09 |
| Hejmanowski Donald L | Nov 23, 2010 | Sell | 74,292 | $0.21 |
| Hejmanowski Donald L | Nov 17, 2010 | Sell | 221,508 | $0.21 |
| Hejmanowski Donald L10% owner | Oct 14, 2010 | J | 172,000 | $0.09 |
| Hejmanowski Donald L10% owner | Sep 30, 2010 | Sell | 4,200 | $0.07 |
| Schuermann MartinOfficer — President,Secretary,Treasurer | Jun 25, 2010 | Gift | 265,000 | $0.17 |
| Weisdorn Lawrence | Jun 25, 2010 | Gift | 4.0M | $0.17 |
| Hejmanowski Donald L | May 20, 2010 | J | 1.4M | $0.00 |
| Ice Conversions Inc | Apr 12, 2010 | J | 237,885 | $0.45 |
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 · Director / officer changeDec 9, 2014
- Bankruptcy or receivership · Other material eventSep 25, 2014
- Director / officer changeSep 24, 2014
- Director / officer changeMay 6, 2014
- Director / officer changeApr 30, 2014
- Director / officer changeFeb 11, 2014
- Other material eventDec 20, 2013
- Other material eventNov 13, 2013
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 ↗- REVOKEDSep 19, 2016
- SC 13GNONEApr 20, 2016
- 8-KVISION INDUSTRIES CORP. 8K 2014-12-03Dec 9, 2014
- SC 13GSCHEDULE 13GOct 2, 2014
- 8-KFORM 8-KSep 25, 2014
- 8-KFORM 8-KSep 24, 2014
- DEFA14AAug 28, 2014
- 10-QAug 14, 2014
- DEFA14AAMENDED TO CORRECT MEETING DATE ON PROXY CARD TO 8/22/2014Aug 4, 2014
- DEF 14AAug 1, 2014
- PRE 14AJul 22, 2014
- 10-QMay 20, 2014
- NT 10-QMay 13, 2014
- 8-KMay 6, 2014
- 8-KApr 30, 2014
Event-driven situations (1)
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