Newpoint Financial Corp
Consumer Discretionary · Services-Membership Sports & Recreation Clubs · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | $0 | $0 | — | — |
| Operating income | −$963,091 | −$87,178 | −$15,258 | −$14,608 | −$12,567 | −$48,213 |
| Net income | −$1.3M | −$87,178 | −$10,453 | −$17,608 | −$15,567 | −$53,369 |
| Total assets | $941,359 | $50.2M | $0 | $78 | $231 | $138 |
| Total liabilities | $2.4M | $50.3M | $93,765 | $83,390 | $65,935 | $653,275 |
| Equity | −$1.4M | −$93,908 | −$93,765 | −$83,312 | −$65,704 | −$653,137 |
| EPS (diluted) | $-0.07 | $-0.00 | — | — | — | — |
| Shares out. | 19.2M | 216,185 | 69.3M | 69.3M | 69.3M | 69.3M |
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
- —
- Net margin
- —
- Return on equity
- 93.5%
- Return on assets
- −142.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 252.3%
- Debt / equity
- —
- Book value / share
- $-0.07
- Revenue growth (YoY)
- —
- 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 · FY2022- Altman Z″ (distress)
- -23.98distress
- Accruals / assets
- −43.0%clean
- Piotroski F-Score
- 2/7weak
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● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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 ↗Mar 14, 2024
- NT 10-Qmissed a reporting deadline ↗May 16, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
- NT 10-Qmissed a reporting deadline ↗May 16, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2021
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 |
|---|---|---|---|---|
| Burton CraigOfficer — President | May 22, 2015 | Grant | 371,300 | $0.01 |
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- Changed auditorFeb 3, 2023
- Director / officer changeFeb 22, 2022
- Director / officer changeFeb 4, 2022
- Changed auditor · Prior financials not reliable (restatement)Nov 9, 2021
- Shareholder voteAug 4, 2021
- Shareholder voteJul 23, 2021
- Shareholder voteJul 23, 2021
- Shareholder voteFeb 9, 2021
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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