Event-Driven Stocks

ALPINE 4 HOLDINGS, INC.

Technology · Communications Equipment, NEC · DE · SEC filings ↗ · Compare ⊕

Signs● 2 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY20FY19FY18FY17
Revenue$104.6M$51.6M$33.5M$28.2M$14.3M$8.3M
Operating income−$10.8M−$22.1M−$5.9M−$2.5M−$649,352−$403,516
Net income−$12.9M−$19.5M−$8.0M−$3.1M−$7.9M−$3.0M
Total assets$145.6M$134.6M$40.7M$35.8M$17.9M$16.0M
Total liabilities$75.6M$63.1M$49.5M$47.8M$29.4M$18.4M
Equity$70.0M$71.5M−$14.2M−$12.0M−$11.5M−$3.9M
EPS (diluted)$-0.07$-0.12$-0.06$-0.04——
Shares out.12.5M164.2M139.6M75.2M28.4M23.9M

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

Key ratios

from filings · FY2022
Operating margin
−10.3%
Net margin
−12.3%
Return on equity
−18.4%
Return on assets
−8.8%
Return on capital (ROCE)
−9.6%
Liabilities / assets
51.9%
Debt / equity
1.08×
Book value / share
$5.60
Revenue growth (YoY)
102.5%
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 · FY2022
Altman Z″ (distress)
-0.43distress
Accruals / assets
4.6%clean
Beneish M-Score
-1.74elevated
Piotroski F-Score
5/9mixed

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
48
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 33Financial strength 75

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

● 2 severe● 4 warning● 2 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
  • Negative operating cash flow
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • 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.

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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