Longfin Corp
Technology · Services-Computer Processing & Data Preparation · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | |
|---|---|
| Revenue | $75.0M |
| Operating income | −$25.6M |
| Net income | −$26.4M |
| Total assets | $178.3M |
| Total liabilities | $39.3M |
| Equity | $139.0M |
| EPS (diluted) | $-0.58 |
| Shares out. | 45.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −34.2%
- Net margin
- −35.1%
- Return on equity
- −19.0%
- Return on assets
- −14.8%
- Return on capital (ROCE)
- −17.5%
- Liabilities / assets
- 22.0%
- Debt / equity
- 0.28×
- Book value / share
- $3.07
- Revenue growth (YoY)
- —
- 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 · FY2017- Altman Z″ (distress)
- 2.73safe
- Accruals / assets
- −16.8%clean
- Piotroski F-Score
- 2/3weak
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
● 1 severe● 2 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- 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-Qmissed a reporting deadline ↗Nov 14, 2018
- NT 10-Qmissed a reporting deadline ↗May 15, 2018
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- Director / officer changeNov 27, 2018
- Bankruptcy or receivership · Completed an acquisition or disposition · Material impairment · Director / officer changeNov 21, 2018
- Director / officer changeNov 1, 2018
- Entered a material agreement · New financial obligation · Unregistered equity saleAug 21, 2018
- Director / officer changeJul 31, 2018
- Delisting / listing-standard noticeMay 7, 2018
- Delisting / listing-standard noticeApr 19, 2018
- Debt acceleration / triggering eventApr 18, 2018
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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