Franklin Credit Management Corp
Financials · Miscellaneous Business Credit Institution · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | |
|---|---|---|---|
| Revenue | $10.4M | $10.2M | $13.4M |
| Operating income | — | $3.1M | — |
| Net income | −$2.9M | −$3.1M | −$1.3M |
| Total assets | $20.5M | $20.3M | $27.8M |
| Total liabilities | $13.4M | $11.6M | $13.8M |
| Equity | $5.7M | $8.6M | $14.0M |
| EPS (diluted) | — | — | — |
| Shares out. | 10.0M | 10.0M | 10.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- —
- Net margin
- −28.0%
- Return on equity
- −50.9%
- Return on assets
- −14.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 65.3%
- Debt / equity
- 2.34×
- Book value / share
- $0.57
- Revenue growth (YoY)
- 2.1%
- 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 · FY2013- Accruals / assets
- −9.9%clean
- Piotroski F-Score
- 4/7mixed
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 warning● 2 good- Reported a net loss
- Negative operating cash flow
- 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Axon Thomas JOfficer — Chairman and President | Aug 19, 2014 | Buy | 450,000 | $2.00 |
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- Entered a material agreement · Modified shareholder rights · Other material eventJan 21, 2015
- Entered a material agreement · Other material eventJan 12, 2015
- Terminated a material agreementJan 8, 2015
- Shareholder vote · Other material eventOct 7, 2014
- Completed an acquisition or disposition · Unregistered equity saleSep 12, 2014
- Other material eventSep 5, 2014
- Unregistered equity saleAug 25, 2014
- Unregistered equity saleAug 12, 2014
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 ↗- 15-12GCERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATIONJan 21, 2015
- SC 13E3/ATRANSACTION STATEMENTJan 21, 2015
- 8-KCURRENT REPORTJan 21, 2015
- 8-KCURRENT REPORTJan 12, 2015
- 8-KCURRENT REPORTJan 8, 2015
- SC 13E3/AAMENDMENT TO FORM SC 13E3Nov 18, 2014
- DEF 14CSCHEDULE 14CNov 18, 2014
- 10-QQUARTERLY REPORTNov 14, 2014
- CORRESPNov 6, 2014
- SC 13E3TRANSACTION STATEMENTNov 6, 2014
- PRER14CSCHEDULE 14C INFORMATIONNov 6, 2014
- UPLOADOct 29, 2014
- SC 13E3REPORT OF GOING PRIVATE TRANSACTIONSOct 10, 2014
- PRE 14CPRELIMINARY INFORMATION STATEMENTOct 10, 2014
- 8-KCURRENT REPORT FOR OCTOBER 7, 2014Oct 7, 2014