Event-Driven Stocks

Societal CDMO, Inc.

Healthcare · Pharmaceutical Preparations · PA · SEC filings ↗ · Compare ⊕

Signs● 2 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$94.6M$90.2M$75.4M$66.5M$99.2M$77.3M
Operating income−$3.6M$279,000$412,000−$8.3M$23.6M$12.5M
Net income−$13.3M−$19.9M−$11.4M−$27.5M−$18.6M−$79.7M
Total assets$153.5M$157.4M$160.3M$103.4M$110.5M$155.5M
Total liabilities$94.8M$97.6M$118.3M$117.5M$117.2M$175.0M
Equity$58.7M$59.9M$42.1M−$14.1M−$6.7M−$19.5M
EPS (diluted)$-0.14$-0.34$-0.26$-1.16$-0.79$-3.90
Shares out.84.9M56.4M31.0M23.4M21.9M19.2M

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
−3.8%
Net margin
−14.0%
Return on equity
−22.6%
Return on assets
−8.6%
Return on capital (ROCE)
−3.5%
Liabilities / assets
61.8%
Debt / equity
1.62×
Book value / share
$0.69
Revenue growth (YoY)
4.9%
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)
-5.28distress
Accruals / assets
−8.0%clean
Beneish M-Score
-2.63normal
Piotroski F-Score
4/9mixed

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 Score
50
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 67Financial strength 50

Our 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● 3 warning● 2 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • 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.

Material events

SEC Form 8-K · most recent

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)