Franchise Group, Inc.
Financials · Patent Owners & Lessors · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $4.40B | $3.26B | $2.03B | $0 | $0 | $48.2M |
| Operating income | $221.2M | $226.4M | $52.5M | $0 | $0 | $23.3M |
| Net income | −$68.6M | $363.8M | $25.1M | −$2.2M | −$43.1M | −$1.5M |
| Total assets | $3.63B | $3.91B | $1.85B | $1.30B | $178.0M | $204.3M |
| Total liabilities | $3.21B | $3.15B | $1.46B | $1.15B | $66.5M | $87.8M |
| Equity | $421.4M | $762.8M | $385.2M | $125.4M | $111.5M | $116.5M |
| EPS (diluted) | $-1.96 | $8.67 | $0.70 | $-0.16 | $-3.17 | $-0.11 |
| Shares out. | 40.3M | 40.1M | 35.0M | 14.1M | 14.0M | 12.7M |
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
- 5.0%
- Net margin
- −1.6%
- Return on equity
- −16.3%
- Return on assets
- −1.9%
- Return on capital (ROCE)
- 8.2%
- Liabilities / assets
- 88.4%
- Debt / equity
- 7.62×
- Book value / share
- $10.46
- Revenue growth (YoY)
- 35.1%
- Net income growth (YoY)
- −118.8%
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)
- 1.32grey zone
- Accruals / assets
- −0.9%clean
- 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
● 1 severe● 4 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Altman Z″ in the grey zone
- Operating margin is positive
- Revenue is growing year-over-year
- 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 12, 2020
- NT 10-Qmissed a reporting deadline ↗Sep 11, 2018
- NT 10-Kmissed a reporting deadline ↗Jul 17, 2018
- NT 10-Qmissed a reporting deadline ↗Mar 12, 2018
- NT 10-Qmissed a reporting deadline ↗Dec 11, 2017
- NT 10-Qmissed a reporting deadline ↗Sep 17, 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- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Shareholder vote · Regulation FD disclosureAug 21, 2023
- Results of operationsAug 8, 2023
- Shareholder voteMay 12, 2023
- Entered a material agreementMay 11, 2023
- Results of operations · Regulation FD disclosureMay 10, 2023
- Results of operationsFeb 28, 2023
- Entered a material agreement · New financial obligationFeb 3, 2023
- Results of operations · Regulation FD disclosureJan 24, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.