Rocky Mountain Industrials, Inc.
Industrials · Services-Miscellaneous Business Services · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $827,515 | $2.8M | $680,225 | $1.1M | $1.4M | $1.1M |
| Operating income | −$7.3M | −$11.2M | −$12.2M | −$11.7M | −$8.7M | −$5.4M |
| Net income | −$8.3M | −$6.3M | −$7.9M | −$12.6M | −$8.2M | −$18.0M |
| Total assets | $25.5M | $16.5M | $16.0M | $13.9M | $9.6M | $8.7M |
| Total liabilities | $25.5M | $9.4M | $9.8M | $8.8M | $2.8M | $6.1M |
| Equity | −$25,941 | $7.1M | $6.2M | $5.1M | $6.7M | $2.8M |
| EPS (diluted) | $-1.33 | $-0.98 | $-1.37 | $-2.38 | — | — |
| Shares out. | 6.7M | 6.6M | 6.4M | 5.3M | 35.8M | 35.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −879.8%
- Net margin
- −1009.0%
- Return on equity
- 32187.5%
- Return on assets
- −32.7%
- Return on capital (ROCE)
- −51.9%
- Liabilities / assets
- 100.1%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- −70.2%
- 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 · FY2023- Altman Z″ (distress)
- -12.21distress
- Accruals / assets
- −34.8%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
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- 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)
- Strong return on equity (>15%)
- 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 15, 2019
- NT 10-Qmissed a reporting deadline ↗Aug 20, 2019
- NT 10-Kmissed a reporting deadline ↗Jul 23, 2019
- NT 10-Qmissed a reporting deadline ↗Mar 14, 2019
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2017
- NT 10-Qmissed a reporting deadline ↗Feb 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 |
|---|---|---|---|---|
| Brownstein Chad T.Officer — Chief Executive Officer | Apr 12, 2016 | J | 10,000 | — |
| Dangler Gregory M.Officer — President, CFO & Secretary | Nov 6, 2015 | Gift | 260,000 | $0.00 |
| Brownstein Chad T.Officer — Chief Executive Officer | Nov 6, 2015 | Gift | 260,000 | $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- New financial obligationMay 7, 2024
- Changed auditorMay 7, 2024
- Regulation FD disclosureAug 23, 2023
- New financial obligationAug 4, 2023
- New financial obligationMay 24, 2022
- Regulation FD disclosureFeb 4, 2022
- Prior financials not reliable (restatement)Feb 4, 2022
- Regulation FD disclosureDec 15, 2021
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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