BTRS Holdings Inc.
Technology · Services-Computer Programming Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | |
|---|---|---|---|
| Revenue | $131.6M | $108.6M | $96.5M |
| Operating income | −$49.0M | −$11.7M | −$21.1M |
| Net income | −$61.2M | −$17.0M | −$22.8M |
| Total assets | $470.6M | $147.5M | $253.6M |
| Total liabilities | $161.0M | $143.7M | $8.3M |
| Equity | $309.6M | $3.8M | $16.5M |
| EPS (diluted) | $-0.39 | $-0.17 | $-0.23 |
| Shares out. | 145.3M | 100.0M | 99.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −37.3%
- Net margin
- −46.5%
- Return on equity
- −19.8%
- Return on assets
- −13.0%
- Return on capital (ROCE)
- −12.8%
- Liabilities / assets
- 34.2%
- Debt / equity
- 0.52×
- Book value / share
- $2.13
- Revenue growth (YoY)
- 21.2%
- 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 · FY2021- Altman Z″ (distress)
- 2.83safe
- Accruals / assets
- −11.0%clean
- Piotroski F-Score
- 3/9weak
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
● 1 severe● 3 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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 1, 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.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventDec 16, 2022
- Shareholder vote · Other material eventDec 13, 2022
- Other material eventDec 5, 2022
- Results of operationsNov 7, 2022
- Entered a material agreement · Other material eventSep 28, 2022
- Director / officer changeSep 20, 2022
- Results of operationsAug 9, 2022
- Regulation FD disclosureJun 22, 2022
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 ↗- SC 13G/ABTRS HOLDINGS INC.Feb 10, 2023
- SC 13G/AFeb 9, 2023
- EFFECTJan 3, 2023
- 15-12GDec 27, 2022
- POS AMDec 21, 2022
- 4FORM 4 SUBMISSIONDec 20, 2022
- 4FORM 4 SUBMISSIONDec 20, 2022
- 4FORM 4Dec 20, 2022
- 4FORM 4Dec 20, 2022
- 4FORM 4Dec 20, 2022
- 4FORM 4Dec 20, 2022
- 4FORM 4Dec 20, 2022
- 4FORM 4Dec 20, 2022
- 4FORM 4Dec 20, 2022
- 4FORM 4Dec 20, 2022
Event-driven situations (1)
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