Liberated Syndication Inc.
Technology · Services-Computer Processing & Data Preparation · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|
| Revenue | $24.2M | $22.0M | $10.6M | $8.8M | $7.2M |
| Operating income | $3.7M | $4.1M | −$3.2M | $2.8M | $3.0M |
| Net income | $2.8M | $4.4M | −$3.2M | $2.8M | $3.0M |
| Total assets | $44.6M | $40.1M | $35.1M | $16.8M | $14.3M |
| Total liabilities | $14.5M | $13.0M | $12.6M | $960,048 | $599,373 |
| Equity | $30.1M | $27.0M | $22.4M | $15.9M | $13.7M |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 29.7M | 29.6M | 20.8M | 20.8M | 20.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- 15.2%
- Net margin
- 11.7%
- Return on equity
- 9.4%
- Return on assets
- 6.4%
- Return on capital (ROCE)
- 10.5%
- Liabilities / assets
- 32.5%
- Debt / equity
- 0.48×
- Book value / share
- $1.01
- Revenue growth (YoY)
- 10.0%
- Net income growth (YoY)
- −35.2%
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 · FY2019- Altman Z″ (distress)
- 3.58safe
- Accruals / assets
- −10.6%clean
- Beneish M-Score
- -2.97normal
- 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 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. What these scores mean →
Signs
● 1 severe● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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 ↗May 15, 2020
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2020
- NT 10-Qmissed a reporting deadline ↗May 16, 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 |
|---|---|---|---|---|
| Shahinian EricDirector | Mar 14, 2022 | Buy | 533,334 | $3.75 |
| Tirpak Bradley MOfficer — Chief Executive Officer | Mar 14, 2022 | Buy | 53,334 | $3.75 |
| Shahinian EricDirector | Dec 31, 2021 | Grant | 25,000 | $0.00 |
| Woodrum Douglas NDirector | Dec 31, 2021 | Grant | 18,750 | $0.00 |
| Yevstifeyev DenisDirector | Dec 31, 2021 | Grant | 25,000 | $0.00 |
| Tirpak Bradley MOfficer — Chief Executive Officer | Dec 31, 2021 | Grant | 20,833 | $0.00 |
| Kibby BrianDirector | Dec 31, 2021 | Grant | 25,000 | $0.00 |
| Polinsky Douglas MichaelDirector | Dec 31, 2021 | Grant | 25,000 | $0.00 |
| Kibby BrianDirector | Nov 24, 2021 | Buy | 25,000 | $3.00 |
| Tirpak Bradley MOfficer — Chief Executive Officer | Nov 24, 2021 | Buy | 50,000 | $3.00 |
| Shahinian EricDirector | Nov 24, 2021 | Buy | 438,791 | $3.00 |
| Charak Jonathan M.Officer — Chief Financial Officer | Nov 24, 2021 | Buy | 25,000 | $3.00 |
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 agreementMar 23, 2022
- Entered a material agreement · Unregistered equity sale · Regulation FD disclosureMar 15, 2022
- Entered a material agreement · Completed an acquisition or disposition · Regulation FD disclosureMar 2, 2022
- Entered a material agreement · Unregistered equity sale · Regulation FD disclosureFeb 23, 2022
- Other material eventFeb 11, 2022
- Modified shareholder rights · Other material eventJan 4, 2022
- Director / officer change · Regulation FD disclosure · Other material eventNov 23, 2021
- Director / officer change · Regulation FD disclosureNov 3, 2021
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 ↗- DApr 26, 2022
- REVOKEDApr 18, 2022
- REVOKEDApr 15, 2022
- DMar 23, 2022
- SC 13D/ASCHEDULE 13D (AMENDMENT NO. 1)Mar 23, 2022
- 8-KMar 23, 2022
- 4FORM 4Mar 16, 2022
- 4PRIMARY DOCUMENTMar 16, 2022
- SC 13D/AMar 15, 2022
- 8-KMar 15, 2022
- 8-KMar 2, 2022
- 8-KFORM 8-KFeb 23, 2022
- SC 13G/AAMENDMENT NO. 1 TO THE SCHEDULE 13GFeb 14, 2022
- 8-KFORM 8-KFeb 11, 2022
- 4PRIMARY DOCUMENTJan 4, 2022
Event-driven situations (1)
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