Exela Technologies, Inc.
Industrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $1.06B | $1.08B | $300.1M | $1.29B | $1.56B | $1.59B |
| Operating income | $8.1M | −$228.8M | $4.3M | −$16.4M | −$321.2M | −$10.7M |
| Net income | −$125.2M | −$415.6M | −$39.2M | −$178.5M | −$509.1M | −$169.8M |
| Total assets | $636.3M | $721.9M | $1.04B | $1.16B | $1.26B | $1.65B |
| Total liabilities | $1.50B | $1.53B | $1.70B | $2.08B | $2.00B | $1.74B |
| Equity | −$855.5M | −$807.6M | −$666.8M | −$926.5M | −$743.0M | −$241.3M |
| EPS (diluted) | $-21.11 | $-1372.98 | $-15.13 | $-73.19 | $-10.55 | — |
| Shares out. | 1.27B | 380.1M | 59.0M | 147.5M | 150.1M | 152.6M |
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
- 0.8%
- Net margin
- −11.8%
- Return on equity
- 14.6%
- Return on assets
- −19.7%
- Return on capital (ROCE)
- 3.3%
- Liabilities / assets
- 235.0%
- Debt / equity
- —
- Book value / share
- $-0.67
- Revenue growth (YoY)
- −1.2%
- 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)
- -13.40distress
- Accruals / assets
- −20.2%clean
- Piotroski F-Score
- 6/9mixed
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 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● 3 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- 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-Kmissed a reporting deadline ↗Apr 2, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 10, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2022
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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Shay Capital LlcPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Chadha ParOfficer — Executive Chairman | Nov 21, 2024 | Grant | 868,062 | — |
| Cogburn Ronald ClarkDirector | Nov 19, 2024 | Grant | 80,908 | — |
| Reynolds JamesDirector | Nov 19, 2024 | Grant | 884,827 | — |
| Brown MattOfficer — Interim CFO | Nov 19, 2024 | Grant | 33,025 | — |
| Yannamani SureshOfficer — President | Nov 19, 2024 | Grant | 137,510 | — |
| Chadha ParOfficer — Executive Chairman | Apr 23, 2024 | Grant | 18,039 | $2.00 |
| Chadha ParOfficer — Executive Chairman | Mar 7, 2023 | Grant | 1.0M | $0.00 |
| Chadha ParOfficer — Executive Chairman | Jul 21, 2022 | Grant | 666,666 | — |
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- Entered a material agreement · Unregistered equity saleNov 25, 2024
- Delisting / listing-standard noticeNov 7, 2024
- Director / officer changeOct 7, 2024
- Results of operationsAug 15, 2024
- Amended charter or bylawsJul 29, 2024
- Other material eventJul 18, 2024
- Regulation FD disclosureJul 1, 2024
- Director / officer change · Shareholder voteJun 18, 2024
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 ↗- 3INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIESAug 6, 2025
- SCHEDULE 13DAug 5, 2025
- SCHEDULE 13D/AMar 28, 2025
- SCHEDULE 13G/AFeb 14, 2025
- EFFECTJan 30, 2025
- 15-12GFORM 15-12GJan 27, 2025
- S-8 POSJan 27, 2025
- S-8 POSJan 27, 2025
- POS AMJan 27, 2025
- 25Jan 17, 2025
- SC 13D/ADec 3, 2024
- SC 13DNov 27, 2024
- SC 13DNov 27, 2024
- SC 13DNov 25, 2024
- 4OWNERSHIP DOCUMENTNov 25, 2024
Event-driven situations (2)
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