Event-Driven Stocks

Nemaura Medical Inc.

Healthcare · Surgical & Medical Instruments & Apparatus · SEC filings ↗ · Compare ⊕

Signs● 2 good● 5 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$77,044$503,906$0$0$0$0
Operating income−$9.6M−$7.6M−$4.6M−$4.8M−$4.5M−$1.9M
Net income−$14.1M−$13.9M−$6.3M−$4.2M−$4.5M−$1.8M
Total assets$14.6M$22.1M$35.2M$1.2M$4.8M$6.3M
Total liabilities$26.4M$21.6M$26.9M$2.5M$2.5M$2.1M
Equity−$11.8M$466,084$8.4M−$1.3M$2.2M$4.1M
EPS (diluted)$-0.57$-0.59————
Shares out.28.9M24.1M23.3M21.0M208.0M205.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−12454.2%
Net margin
−18358.0%
Return on equity
119.7%
Return on assets
−97.1%
Return on capital (ROCE)
—
Liabilities / assets
181.1%
Debt / equity
—
Book value / share
$-0.41
Revenue growth (YoY)
−84.7%
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)
-20.44distress
Accruals / assets
−39.1%clean
Piotroski F-Score
1/9weak

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 Score
25
/ 100
Profitability 25Growth 0Catalyst 33Earnings quality 67Financial strength 0

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. What these scores mean →

Signs

● 3 severe● 5 warning● 2 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)
  • 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

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.

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)

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