Amergent Hospitality Group Inc.
Consumer Discretionary · Retail-Eating & Drinking Places · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|
| Revenue | $21.3M | $20.7M | $18.8M | $30.1M |
| Operating income | −$7.4M | −$3.5M | −$8.3M | −$16.1M |
| Net income | −$3.0M | −$3.4M | −$20.0M | −$17.7M |
| Total assets | $19.2M | $26.2M | $28.6M | $31.5M |
| Total liabilities | $28.4M | $32.4M | $31.3M | $34.7M |
| Equity | −$7.8M | −$5.1M | −$2.2M | −$3.6M |
| EPS (diluted) | $-0.19 | $-0.22 | — | — |
| Shares out. | 15.7M | 14.8M | 14.3M | 10.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −35.0%
- Net margin
- −14.1%
- Return on equity
- 38.6%
- Return on assets
- −15.7%
- Return on capital (ROCE)
- −612.6%
- Liabilities / assets
- 148.2%
- Debt / equity
- —
- Book value / share
- $-0.50
- Revenue growth (YoY)
- 3.1%
- 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 · FY2022- Altman Z″ (distress)
- -25.64distress
- Accruals / assets
- 3.6%clean
- Piotroski F-Score
- 1/9weak
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
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 16, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2022
- NT 10-Qmissed a reporting deadline ↗May 17, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 16, 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- Bankruptcy or receivership · Modified shareholder rightsSep 12, 2025
- Director / officer changeJul 28, 2023
- Director / officer changeJun 15, 2023
- Entered a material agreement · Director / officer changeApr 10, 2023
- Completed an acquisition or disposition · Unregistered equity saleMar 27, 2023
- Entered a material agreement · Unregistered equity sale · Modified shareholder rights · Amended charter or bylawsFeb 2, 2023
- Entered a material agreement · Unregistered equity saleJan 26, 2023
- Shareholder voteJan 19, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.