RMG Networks Holding Corp
Industrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $37.0M | $37.6M | $40.6M | $39,950 | $42.5M | $0 |
| Operating income | −$4.9M | −$4.6M | −$9.8M | −$48,107 | — | −$2.3M |
| Net income | −$5.2M | −$4.8M | −$11.7M | −$72,505 | −$13.0M | $369,140 |
| Total assets | $21.9M | $27.9M | $29.7M | $39,790 | $110.3M | $80.4M |
| Total liabilities | $16.2M | $17.8M | $19.4M | $43,678 | $45.6M | $7.0M |
| Equity | $5.7M | $10.1M | $10.3M | −$3.9M | $64,752 | $5.0M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 44.6M | 36.9M | 36.9M | 12.2M | 9.6M | 9.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −13.2%
- Net margin
- −14.0%
- Return on equity
- −91.0%
- Return on assets
- −23.7%
- Return on capital (ROCE)
- −62.3%
- Liabilities / assets
- 74.0%
- Debt / equity
- 2.85×
- Book value / share
- $0.13
- Revenue growth (YoY)
- −1.5%
- 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 · FY2017- Altman Z″ (distress)
- -17.01distress
- Accruals / assets
- −6.9%clean
- Beneish M-Score
- -2.84normal
- Piotroski F-Score
- 2/9weak
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● 5 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
- High leverage (liabilities > 70% of assets)
- 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-Kmissed a reporting deadline ↗Apr 3, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2015
- NT 10-Qmissed a reporting deadline ↗May 10, 2013
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.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteOct 2, 2018
- Delisting / listing-standard notice · Director / officer changeSep 4, 2018
- Delisting / listing-standard noticeAug 24, 2018
- Entered a material agreementAug 20, 2018
- Delisting / listing-standard noticeAug 14, 2018
- Director / officer change · Other material eventAug 7, 2018
- Entered a material agreementMay 21, 2018
- Results of operationsMay 10, 2018
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.