Event-Driven Stocks

Voyager Technologies, Inc./DE

VOYGNYSE

Industrials · Guided Missiles & Space Vehicles & Parts · DE · SEC filings ↗ · Compare ⊕

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Signs2 good5 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23
Revenue$166.4M$144.2M$136.1M
Operating income−$108.5M−$48.4M−$14.2M
Net income−$104.8M−$62.1M−$25.4M
Total assets$1.05B$247.6M
Total liabilities$620.9M$187.7M
Equity$383.7M−$69.7M−$92.6M
EPS (diluted)$-2.89$-7.01$-3.65
Shares out.40.2M12.7M12.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−65.2%
Net margin
−63.0%
Return on equity
−27.3%
Return on assets
−10.0%
Return on capital (ROCE)
−11.8%
Liabilities / assets
59.1%
Debt / equity
1.62×
Book value / share
$9.54
Revenue growth (YoY)
15.4%
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 · FY2025
Altman Z″ (distress)
1.56grey zone
Accruals / assets
4.2%clean
Beneish M-Score
-1.65elevated
Piotroski F-Score
4/9mixed

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 Score
55
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 67Financial strength 75

Our 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

5 warning2 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Altman Z″ in the grey zone
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20267.9M3.4+4.4%
Apr 30, 20267.6M5.7-2.0%
Apr 15, 20267.7M5.5+7.3%
Mar 31, 20267.2M3.8+16.0%
Mar 13, 20266.2M4.5-5.6%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

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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