HPX Corp.
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$6.6M | −$1.2M | −$314,723 |
| Net income | −$3.4M | $9.4M | −$8.7M |
| Total assets | $22.2M | $253.7M | $254.4M |
| Total liabilities | $18.5M | $20.1M | $30.2M |
| Equity | −$18.2M | −$19.5M | −$28.8M |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
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
- —
- Net margin
- —
- Return on equity
- 18.8%
- Return on assets
- −15.4%
- Return on capital (ROCE)
- −32.4%
- Liabilities / assets
- 83.5%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −136.5%
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)
- -6.89distress
- Accruals / assets
- −9.8%clean
- Piotroski F-Score
- 1/6weak
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● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Nov 14, 2022
- NT 10-Qmissed a reporting deadline ↗May 16, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 15, 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.
Material events
SEC Form 8-K · most recent- Director / officer change · Shareholder vote · Other material eventFeb 28, 2023
- New financial obligation · Other material eventJan 17, 2023
- New financial obligation · Other material eventNov 30, 2022
- Delisting / listing-standard notice · Regulation FD disclosureNov 29, 2022
- Entered a material agreement · Amended charter or bylaws · Shareholder voteNov 4, 2022
- Delisting / listing-standard notice · Regulation FD disclosureOct 24, 2022
- Entered a material agreement · Amended charter or bylaws · Shareholder voteJul 14, 2022
- Entered a material agreement · Unregistered equity sale · Regulation FD disclosureJul 7, 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 ↗- 10-KJul 27, 2023
- 15-12GFORM 15-12GMar 16, 2023
- 25-NSEMar 6, 2023
- 425Feb 28, 2023
- 8-KFORM 8-KFeb 28, 2023
- SC 13GFeb 16, 2023
- SC 13G/AFeb 14, 2023
- SC 13G/AFeb 14, 2023
- SC 13GSCHEDULE 13GFeb 14, 2023
- SC 13G/AFeb 13, 2023
- SC 13G/ASCHEDULE 13G/A, AMENDMENT #1Feb 8, 2023
- 425Feb 3, 2023
- DEFM14AFeb 3, 2023
- 4/AFORM 4/A FILINGJan 30, 2023
- SC 13GSCHEDULE 13GJan 27, 2023