WB Burgers Asia, Inc.
Consumer Discretionary · Retail-Eating Places · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | |
|---|---|---|---|
| Revenue | $581,798 | $180,821 | — |
| Operating income | −$4.1M | −$1.3M | −$102,606 |
| Net income | −$3.9M | −$1.6M | −$196,079 |
| Total assets | $1.3M | $3.8M | $2.7M |
| Total liabilities | $413,056 | $485,267 | $2.7M |
| Equity | $846,167 | $3.3M | −$10,552 |
| EPS (diluted) | — | — | — |
| Shares out. | 2.07B | — | 1.01B |
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
- −699.8%
- Net margin
- −674.1%
- Return on equity
- −463.5%
- Return on assets
- −311.4%
- Return on capital (ROCE)
- −481.2%
- Liabilities / assets
- 32.8%
- Debt / equity
- 0.49×
- Book value / share
- $0.00
- Revenue growth (YoY)
- 221.8%
- 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)
- -35.11distress
- Accruals / assets
- −189.9%clean
- Piotroski F-Score
- 4/8mixed
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
● 2 severe● 3 warning● 3 good- 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
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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-Qmissed a reporting deadline ↗Jun 14, 2024
- NT 10-Qmissed a reporting deadline ↗Mar 18, 2024
- NT 10-Kmissed a reporting deadline ↗Oct 27, 2023
- NT 10-Kmissed a reporting deadline ↗Oct 28, 2022
- NT 10-Qmissed a reporting deadline ↗Jun 14, 2022
- NT 10-Qmissed a reporting deadline ↗Dec 15, 2021
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- Other material eventMay 16, 2024
- Modified shareholder rights · Amended charter or bylawsDec 7, 2023
- Unregistered equity saleSep 29, 2023
- Unregistered equity saleSep 14, 2023
- Amended charter or bylaws · Other material eventAug 21, 2023
- Unregistered equity saleAug 14, 2023
- Prior financials not reliable (restatement)May 26, 2023
- Unregistered equity saleFeb 10, 2023
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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