ACKRELL SPAC Partners I Co.
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$1.6M | −$118,791 | −$3,755 |
| Net income | −$1.2M | −$121,728 | −$3,755 |
| Total assets | $141.0M | $140.3M | $220,573 |
| Total liabilities | $2.8M | $884,598 | — |
| Equity | −$2.6M | $19,255 | $1,513 |
| EPS (diluted) | — | — | — |
| Shares out. | 18.2M | 4.4M | 3.9M |
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
- —
- Net margin
- —
- Return on equity
- 45.8%
- Return on assets
- −0.8%
- Return on capital (ROCE)
- −1.1%
- Liabilities / assets
- 2.0%
- Debt / equity
- —
- Book value / share
- $-0.14
- 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 · FY2021- Altman Z″ (distress)
- -1.23distress
- Accruals / assets
- −0.4%clean
- Piotroski F-Score
- 1/7weak
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
● 3 severe● 1 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2021
- NT 10-Qmissed a reporting deadline ↗May 18, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Cannon Stephen NOfficer — COO and President | Dec 23, 2020 | Buy | 470,000 | $10.00 |
| Ackrell Spac Sponsors I Llc10% owner | Dec 23, 2020 | Buy | 470,000 | $10.00 |
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- Terminated a material agreement · Regulation FD disclosureAug 31, 2022
- Regulation FD disclosureAug 25, 2022
- New financial obligation · Amended charter or bylaws · Shareholder vote · Regulation FD disclosureJun 21, 2022
- Regulation FD disclosureJun 14, 2022
- Regulation FD disclosureJun 3, 2022
- New financial obligationMay 3, 2022
- New financial obligationApr 7, 2022
- New financial obligation · Regulation FD disclosureMar 21, 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 ↗- 15-15DNOTICE OF TERMINATION OF REGISTRATIONSep 16, 2022
- 425CURRENT REPORTAug 31, 2022
- 8-KCURRENT REPORTAug 31, 2022
- 25-NSEAug 31, 2022
- 425CURRENT REPORTAug 25, 2022
- 8-KCURRENT REPORTAug 25, 2022
- NT 10-QNOTIFICATION OF LATE FILINGAug 16, 2022
- 10-QQUARTERLY REPORTAug 15, 2022
- 425Jun 30, 2022
- 8-KCURRENT REPORTJun 21, 2022
- 8-KCURRENT REPORTJun 14, 2022
- 425Jun 6, 2022
- 8-KCURRENT REPORTJun 3, 2022
- DEFA14APROXY STATEMENTJun 3, 2022
- 425Jun 3, 2022
Event-driven situations (1)
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