Loop Media, Inc.
Industrials · Services-Help Supply Services · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $22.3M | $31.6M | $30.8M | $5.1M | $2.8M | $43,639 |
| Operating income | −$20.8M | −$28.8M | −$24.8M | −$30.6M | −$10.4M | −$40,172 |
| Net income | −$24.5M | −$32.0M | −$29.5M | −$31.0M | −$15.4M | −$57,047 |
| Total assets | $7.5M | $16.9M | $31.9M | $11.8M | $9.6M | $11,769 |
| Total liabilities | $25.3M | $21.7M | $26.3M | $8.8M | $6.0M | $239,455 |
| Equity | −$17.8M | −$4.8M | $5.7M | $3.0M | $948,578 | −$227,686 |
| EPS (diluted) | $-0.33 | $-0.56 | $-0.61 | $-0.76 | — | $0.00 |
| Shares out. | 83.0M | 70.7M | 56.4M | 120.9M | 118.1M | 69.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −93.3%
- Net margin
- −110.1%
- Return on equity
- 137.7%
- Return on assets
- −326.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 336.8%
- Debt / equity
- —
- Book value / share
- $-0.21
- Revenue growth (YoY)
- −29.7%
- 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 · FY2024- Altman Z″ (distress)
- -101.29distress
- Accruals / assets
- −228.4%clean
- Beneish M-Score
- -14.11normal
- Piotroski F-Score
- 2/9weak
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 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● 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- NT 10-Kmissed a reporting deadline ↗Mar 31, 2021
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2020
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2019
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2019
- NT 10-Qmissed a reporting deadline ↗May 15, 2019
- NT 10-Qmissed a reporting deadline ↗Feb 15, 2019
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 |
|---|---|---|---|---|
| Kao JustisOfficer — Interim CEO | Mar 13, 2025 | Gift | 6.0M | $0.00 |
| Cassidy Bruce A. Sr.Director | Feb 20, 2025 | J | 26.3M | $0.04 |
| Olgun Ari RoyOfficer — Interim CFO | Mar 15, 2025 | Grant | 200,000 | $0.00 |
| Watanabe Neil TOfficer — Chief Financial Officer | Mar 15, 2024 | Grant | 200,000 | $0.00 |
| Niermann Jon MDirector | Mar 15, 2024 | Grant | 275,000 | $0.00 |
| Kao JustisOfficer — Interim CEO | Mar 15, 2024 | Grant | 600,000 | $0.00 |
| Mccallum LiamOfficer — Chief Product and Tech Officer | Mar 15, 2024 | Grant | 275,000 | $0.00 |
| Mccallum LiamOfficer — Chief Product and Tech Officer | Feb 14, 2024 | Tax withholding | 8,946 | $0.64 |
| Kao JustisOfficer — Chief Content Officer | Feb 14, 2024 | Tax withholding | 2,217 | $0.64 |
| Niermann Jon MOfficer — Chief Executive Officer | Feb 14, 2024 | Tax withholding | 34,787 | $0.64 |
| Gruters BobOfficer — Chief Revenue Officer | Feb 14, 2024 | Tax withholding | 15,159 | $0.64 |
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- Bankruptcy or receivership · Debt acceleration / triggering event · Other material eventOct 20, 2025
- Debt acceleration / triggering event · Other material eventSep 17, 2025
- Debt acceleration / triggering eventAug 12, 2025
- Debt acceleration / triggering eventJul 25, 2025
- Debt acceleration / triggering eventJul 21, 2025
- Debt acceleration / triggering eventJul 14, 2025
- Debt acceleration / triggering eventJul 1, 2025
- Entered a material agreement · New financial obligationMar 31, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.