Better World Acquisition Corp.
Consumer Staples · Beverages · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$2.2M | −$2.2M | −$121,087 |
| Net income | $3.3M | $2.1M | −$4.2M |
| Total assets | $44.7M | $129.1M | $128.6M |
| Total liabilities | $3.9M | $5.0M | $6.7M |
| Equity | −$3.8M | −$4.7M | −$5.5M |
| EPS (diluted) | $0.28 | $0.13 | $-0.60 |
| Shares out. | 16.1M | 16.1M | 3.5M |
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
- −86.7%
- Return on assets
- 7.3%
- Return on capital (ROCE)
- −5.4%
- Liabilities / assets
- 8.6%
- Debt / equity
- —
- Book value / share
- $-0.23
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 54.7%
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)
- -2.11distress
- Accruals / assets
- 10.2%high accruals
- Piotroski F-Score
- 3/7weak
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● 2 warning● 1 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
- High accruals — earnings-quality risk
- Conservative leverage (liabilities < 50% of assets)
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 15, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2021
- NT 10-Qmissed a reporting deadline ↗May 17, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 31, 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 |
|---|---|---|---|---|
| Ripley Rosemary LOfficer — Chief Executive Officer | Nov 19, 2020 | J | 7,850 | $0.00 |
| Bwa Holdings Llc10% owner | Nov 19, 2020 | J | 7,850 | $0.00 |
| Grubstein Peter S HOfficer — Chief Financial Officer | Nov 19, 2020 | J | 7,850 | $0.00 |
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- Other material eventJul 13, 2023
- Delisting / listing-standard noticeJul 7, 2023
- Terminated a material agreementMay 18, 2023
- Entered a material agreementMay 2, 2023
- Amended charter or bylaws · Shareholder voteFeb 13, 2023
- Other material eventFeb 1, 2023
- Delisting / listing-standard noticeJan 13, 2023
- Entered a material agreement · Regulation FD disclosureDec 15, 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 ↗- SC 13G/ABWAC 13G/AAug 10, 2023
- 15-12GNOTICE OF TERMINATIONAug 7, 2023
- 25-NSEJul 27, 2023
- 8-KCURRENT REPORTJul 13, 2023
- 8-KFORM 8-KJul 7, 2023
- 10-QQUARTERLY REPORTMay 19, 2023
- 8-KCURRENT REPORTMay 18, 2023
- NT 10-QFORM NT 10-Q EXTENSIONMay 15, 2023
- 425CURRENT REPORTMay 2, 2023
- 8-KCURRENT REPORTMay 2, 2023
- 10-KANNUAL REPORTMar 31, 2023
- PREM14APRELIMINARY PROXY STATEMENTFeb 14, 2023
- SC 13G/AFeb 14, 2023
- 8-KCURRENT REPORTFeb 13, 2023
- SC 13G/ABWAC 13G/AFeb 8, 2023
Event-driven situations (1)
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