DUO WORLD INC
Technology · Services-Prepackaged Software · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $50,564 | $94,312 | $346,478 | $771,905 | $637,730 | $791,876 |
| Operating income | −$232,659 | −$270,060 | −$330,723 | −$42,664 | −$1.0M | −$5.2M |
| Net income | $667,005 | −$333,505 | −$532,856 | −$373,330 | −$1.3M | −$5.6M |
| Total assets | $466,859 | $361,133 | $620,286 | $1.1M | $1.1M | $1.8M |
| Total liabilities | $2.3M | $3.2M | $4.4M | $4.4M | $4.4M | $4.0M |
| Equity | −$1.8M | −$2.9M | −$3.8M | −$3.3M | −$3.3M | −$2.2M |
| EPS (diluted) | $0.01 | $0.00 | $0.00 | — | — | — |
| Shares out. | 88.4M | 75.1M | 67.8M | 67.8M | 65.8M | 65.7M |
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
- −460.1%
- Net margin
- 1319.1%
- Return on equity
- −36.6%
- Return on assets
- 142.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 490.4%
- Debt / equity
- —
- Book value / share
- $-0.02
- Revenue growth (YoY)
- −46.4%
- 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)
- -136.78distress
- Accruals / assets
- 187.2%high accruals
- Beneish M-Score
- 7.10elevated
- 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 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● 6 warning● 0 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)
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Beneish M-Score elevated — earnings-manipulation screen flag
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-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
- NT 10-Kmissed a reporting deadline ↗Jun 29, 2023
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 15, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Perera Suzannah Jennifer SamuelOfficer — Chief Financial Officer | Jan 2, 2018 | J | 1.5M | — |
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- Other material eventDec 20, 2023
- Director / officer changeDec 13, 2023
- Changed auditor · Prior financials not reliable (restatement)Aug 21, 2023
- Prior financials not reliable (restatement)Aug 16, 2023
- Other material eventAug 9, 2023
- Changed auditorJun 8, 2023
- Other material eventMar 17, 2023
- Unregistered equity saleOct 12, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.