Event-Driven Stocks

NetSpend Holdings, Inc.

Financials · Finance Services · DE · SEC filings ↗ · Compare ⊕

Signs3 good3 warningdetails ↓

Financials

SEC XBRL · annual
 FY12FY11FY10FY09
Revenue$91.4M$80.8M$69.5M$225.0M
Operating income−$9.0M$13.2M$8.9M$35.8M
Net income−$5.8M$7.8M$4.6M$18.2M
Total assets$252.6M$272.7M$263.9M
Total liabilities$134.9M$101.9M$107.1M
Equity$117.6M$170.9M$156.8M$109.4M
EPS (diluted)$-0.08$0.08$0.26
Shares out.76.2M91.3M89.0M

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
−9.8%
Net margin
−6.3%
Return on equity
−4.9%
Return on assets
−2.3%
Return on capital (ROCE)
−4.6%
Liabilities / assets
53.4%
Debt / equity
1.15×
Book value / share
$1.54
Revenue growth (YoY)
13.2%
Net income growth (YoY)
−174.4%

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 · FY2012
Altman Z″ (distress)
1.58grey zone
Accruals / assets
17.3%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 Score
52
/ 100
Profitability 0Growth 50Catalyst 33Earnings quality 100Financial strength 75

Our 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 warning3 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Altman Z″ in the grey zone
  • Revenue is growing year-over-year
  • Positive 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.

Material events

SEC Form 8-K · most recent

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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