S&W Seed Co
Materials · Agricultural Production-Crops · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $60.4M | $73.5M | $71.4M | $84.0M | $79.6M | $109.7M |
| Operating income | −$17.7M | −$17.9M | −$32.8M | −$20.3M | −$18.8M | −$5.0M |
| Net income | −$30.0M | $14.4M | −$36.4M | −$19.2M | −$19.7M | −$9.3M |
| Total assets | $120.7M | $152.0M | $133.8M | $151.5M | $156.0M | $146.4M |
| Total liabilities | $75.7M | $77.9M | $77.6M | $77.1M | $74.6M | $46.4M |
| Equity | $39.3M | $68.8M | $51.4M | $74.4M | $81.3M | $100.0M |
| EPS (diluted) | $-13.21 | $6.38 | $-0.93 | $-0.55 | $-0.59 | $-0.31 |
| Shares out. | 2.3M | 43.0M | 42.6M | 36.8M | 33.5M | 33.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −29.3%
- Net margin
- −49.7%
- Return on equity
- −76.5%
- Return on assets
- −24.9%
- Return on capital (ROCE)
- −34.4%
- Liabilities / assets
- 62.7%
- Debt / equity
- 1.93×
- Book value / share
- $17.19
- Revenue growth (YoY)
- −17.8%
- Net income growth (YoY)
- −308.4%
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 · FY2024- Altman Z″ (distress)
- -4.06distress
- Accruals / assets
- −20.2%clean
- Beneish M-Score
- -3.77normal
- 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.
Signs
● 2 severe● 4 warning● 1 good- 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
- 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2024
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2024
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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Mfp Investors LlcActivist (13D)Dec 23, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Material events
SEC Form 8-K · most recent- Other material eventAug 5, 2025
- Debt acceleration / triggering eventJul 17, 2025
- New financial obligation · Delisting / listing-standard notice · Other material eventJul 14, 2025
- New financial obligation · Other material eventJul 8, 2025
- Entered a material agreement · New financial obligation · Debt acceleration / triggering event · Director / officer change · Other material eventJun 23, 2025
- Results of operationsMay 15, 2025
- Results of operationsFeb 13, 2025
- Regulation FD disclosureJan 24, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.