Africa Growth Corp
Real Estate · Real Estate · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $33,094 | $36,483 | $111,890 | $1,389 |
| Operating income | — | — | — | — | −$507,932 | −$145,484 |
| Net income | $637,647 | −$351,240 | −$201,781 | −$621,918 | −$502,761 | −$145,484 |
| Total assets | $10 | $6,051 | $435,441 | $193,432 | $15,079 | $14,826 |
| Total liabilities | $38,980 | $682,668 | $760,551 | $315,055 | $296,912 | $119,854 |
| Equity | −$38,970 | −$676,617 | −$325,110 | −$121,623 | −$281,833 | −$105,028 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 128.3M | 128.3M | 128.0M | 117.1M | 110.3M | 110.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- —
- Net margin
- —
- Return on equity
- −1636.3%
- Return on assets
- 6376470.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 389800.0%
- Debt / equity
- —
- Book value / share
- $-0.00
- 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 · FY2016- Accruals / assets
- 7774250.0%high accruals
- Piotroski F-Score
- 3/8weak
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● 3 warning● 0 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
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 28, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2018
- NT 10-Qmissed a reporting deadline ↗May 15, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 6, 2018
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2017
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 |
|---|---|---|---|---|
| Gaille Shelby ScottDirector | Jul 12, 2018 | Grant | 5,217 | $0.00 |
| Gaille Shelby ScottDirector | Nov 22, 2017 | Grant | 10,326 | $0.00 |
| Gaille Shelby ScottDirector | Apr 4, 2012 | Gift | 637,500 | $0.03 |
| Gaille Shelby ScottDirector | Aug 2, 2011 | Grant | 1.2M | $0.00 |
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- Other material eventJun 4, 2019
- Director / officer changeDec 18, 2018
- Director / officer changeNov 21, 2018
- Other material eventAug 13, 2018
- Entered a material agreement · Prior financials not reliable (restatement) · Other material eventFeb 12, 2018
- Director / officer changeNov 20, 2017
- Director / officer changeOct 11, 2017
- Director / officer changeSep 14, 2017
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 30, 2019
- 8-KJun 4, 2019
- NT 10-KMar 28, 2019
- 8-K/ADec 20, 2018
- 8-KDec 18, 2018
- 8-KNov 21, 2018
- NT 10-QNov 15, 2018
- NT 10-QAug 15, 2018
- 8-KAug 13, 2018
- 4PRIMARY DOCUMENTJul 13, 2018
- NT 10-QMay 15, 2018
- NT 10-KApr 6, 2018
- 8-KFeb 12, 2018
- 4PRIMARY DOCUMENTNov 22, 2017
- 8-KCURRENT REPORTNov 20, 2017
Event-driven situations (1)
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