COMARCO INC
Technology · Radio & Tv Broadcasting & Communications Equipment · CA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | — | $0 | $4.4M | $6.3M | $8.1M |
| Operating income | −$859,000 | −$1.4M | −$442,000 | −$2.2M | −$3.0M | −$5.3M |
| Net income | $845,000 | −$1.3M | $6.0M | −$2.1M | −$5.6M | −$5.3M |
| Total assets | $632,000 | $922,000 | $2.3M | $1.3M | $3.2M | $3.9M |
| Total liabilities | $395,000 | $1.6M | $1.6M | $9.1M | $10.0M | $5.3M |
| Equity | $237,000 | −$648,000 | $657,000 | −$7.7M | −$6.8M | −$1.3M |
| EPS (diluted) | $0.06 | $-0.09 | $0.41 | $-0.14 | $-0.74 | — |
| Shares out. | 14.6M | 14.6M | 14.7M | 14.7M | 14.3M | 7.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- —
- Net margin
- —
- Return on equity
- 356.5%
- Return on assets
- 133.7%
- Return on capital (ROCE)
- −362.4%
- Liabilities / assets
- 62.5%
- Debt / equity
- 1.67×
- Book value / share
- $0.02
- 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 · FY2017- Altman Z″ (distress)
- -107.32distress
- Accruals / assets
- 155.7%high accruals
- Piotroski F-Score
- 5/7mixed
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
● 2 severe● 2 warning● 1 good- 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
- Strong return on equity (>15%)
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 ↗Sep 15, 2017
- NT 11-Kmissed a reporting deadline ↗Jun 29, 2015
- NT 10-Qmissed a reporting deadline ↗Dec 18, 2006
- NT 10-Kmissed a reporting deadline ↗May 3, 2005
- NT 10-Qmissed a reporting deadline ↗Sep 15, 2004
- NT 10-Kmissed a reporting deadline ↗May 3, 2004
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- Other material eventJun 18, 2019
- Director / officer changeMay 25, 2018
- Other material eventApr 23, 2018
- Director / officer changeApr 20, 2018
- Other material eventApr 10, 2018
- Director / officer changeJan 17, 2018
- Amended charter or bylaws · Shareholder voteDec 19, 2017
- Other material eventOct 20, 2017
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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