PETROGRESS, INC
Industrials · Deep Sea Foreign Transportation of Freight · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $8.6M | $17.4M | $11.9M | $9.2M | $18.1M | $21.6M |
| Operating income | −$3.5M | −$1.7M | $329,368 | $274,871 | $175,848 | $1.2M |
| Net income | −$3.1M | −$3.0M | $307,047 | $294,669 | $223,143 | $1.1M |
| Total assets | $10.1M | $12.4M | $13.6M | $13.1M | $9.8M | $11.9M |
| Total liabilities | $3.9M | $3.9M | $2.6M | $2.9M | $493,255 | — |
| Equity | $6.1M | $8.4M | $10.9M | $10.1M | $9.3M | $11.1M |
| EPS (diluted) | $-0.20 | $-0.75 | $0.09 | $0.17 | $0.00 | $0.01 |
| Shares out. | 5.2M | 3.8M | 344.6M | 166.8M | 160.0M | 19.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- −40.2%
- Net margin
- −35.8%
- Return on equity
- −50.3%
- Return on assets
- −30.6%
- Return on capital (ROCE)
- −50.6%
- Liabilities / assets
- 39.1%
- Debt / equity
- 0.64×
- Book value / share
- $1.17
- Revenue growth (YoY)
- −50.4%
- 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 · FY2020- Altman Z″ (distress)
- -0.76distress
- Accruals / assets
- −40.7%clean
- Beneish M-Score
- -3.91normal
- 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● 3 warning● 3 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
- Conservative leverage (liabilities < 50% of assets)
- 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 ↗Aug 17, 2021
- NT 10-Qmissed a reporting deadline ↗May 26, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2020
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2018
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 |
|---|---|---|---|---|
| Traios Christos POfficer — President/CEO | Aug 17, 2020 | Buy | 150,000 | $0.24 |
| Traios Christos POfficer — President/CEO | Jul 15, 2020 | Buy | 230,000 | $0.15 |
| Traios Christos POfficer — President and Chief Executive | Oct 22, 2019 | Buy | 142,858 | $0.35 |
| Traios Christos POfficer — President, CEO and CFO | Nov 29, 2018 | Buy | 382,841 | $0.00 |
| Traios Christos POfficer — President, CEO and CFO | Feb 23, 2018 | Buy | 4.8M | $0.03 |
| Traios Christos POfficer — President, CEO and CFO | Jan 12, 2018 | Buy | 2.9M | $0.03 |
| Traios Christos POfficer — President, CEO and CFO | Dec 21, 2017 | Buy | 139.9M | $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 eventMay 11, 2021
- Other material eventApr 15, 2021
- Other material eventFeb 16, 2021
- Other material eventFeb 9, 2021
- Other material eventJun 17, 2020
- Entered a material agreementMay 28, 2020
- Other material eventMay 14, 2020
- Other material eventMar 27, 2020
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 ↗- REVOKEDJan 14, 2025
- 10-KFORM 10-KMar 30, 2022
- 10-QFORM 10-QJan 25, 2022
- 10-QFORM 10-QAug 31, 2021
- NT 10-QFORM NT 10-QAug 17, 2021
- 10-QFORM 10-QJul 2, 2021
- 10-KFORM 10-KJun 21, 2021
- NT 10-QFORM NT 10-QMay 26, 2021
- 8-KFORM 8-KMay 11, 2021
- 8-KFORM 8-KApr 15, 2021
- NT 10-KFORM NT 10-KMar 30, 2021
- 8-KFORM 8-KFeb 16, 2021
- 8-KFORM 8-KFeb 9, 2021
- 10-QFORM 10-QNov 13, 2020
- 10-QFORM 10-QAug 28, 2020
Event-driven situations (1)
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