Energy & Water Development Corp
Industrials · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip · FL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $550,000 | $0 | — |
| Operating income | −$2.6M | $24.3M | −$937,795 | −$7.2M | −$965,953 |
| Net income | −$3.4M | −$1.9M | −$3.0M | −$7.6M | −$905,665 |
| Total assets | $1.4M | $1.2M | $1.3M | $428,992 | $30,375 |
| Total liabilities | $2.1M | $1.7M | $2.0M | $2.0M | — |
| Equity | −$723,184 | −$481,864 | −$714,070 | −$1.6M | −$4.2M |
| EPS (diluted) | $-0.02 | $-0.01 | $-0.02 | — | — |
| Shares out. | 195.6M | 172.6M | 139.6M | 96.2M | 93.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- —
- Return on equity
- 474.8%
- Return on assets
- −241.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 150.8%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- —
- 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)
- -81.29distress
- Accruals / assets
- −76.9%clean
- Piotroski F-Score
- 1/8weak
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● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 31, 2025
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
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 |
|---|---|---|---|---|
| Rodney GaryOfficer — INTERIM CFO | Jan 18, 2023 | Grant | 1.9M | $0.00 |
| Velazquez IrmaOfficer — CHIEF EXECUTIVE OFFICER | Dec 18, 2020 | Grant | 3.0M | $0.00 |
| Hofmeier RalphOfficer — CHIEF TECHNOLOGY OFFICER | Dec 18, 2020 | Grant | 3.0M | $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- Director / officer changeFeb 1, 2023
- Director / officer changeJan 20, 2023
- Item 5.05Sep 14, 2022
- Changed auditorAug 4, 2022
- Changed auditorNov 17, 2021
- Changed auditorJun 10, 2021
- Changed auditor · Director / officer changeJun 3, 2021
- Director / officer change · Other material eventMay 12, 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 ↗- NT 10-KNOTIFICATION OF LATE FILINGMar 31, 2025
- RWREQUEST FOR WITHDRAWMar 7, 2025
- 10-QFORM 10-QNov 19, 2024
- NT 10-QNOTIFICATION OF LATE FILNGNov 14, 2024
- 10-QFORM 10-QAug 19, 2024
- NT 10-QNOTIFICATION OF LATE FILINGAug 14, 2024
- 10-Q/AFORM 10-Q/AJul 1, 2024
- 10-QFORM 10-QJun 28, 2024
- NT 10-QMay 15, 2024
- S-1/AFORM S-1/AMay 13, 2024
- 10-KFORM 10-KApr 26, 2024
- NT 10-KNOTIFICATION OF LATE FILINGApr 1, 2024
- S-1/AFORM S-1/AFeb 14, 2024
- 10-QFORM 10-QJan 12, 2024
- NT 10-QNOTIFICATION OF LATE FILINGNov 14, 2023