FLORIDA GAMING CORP
Consumer Discretionary · Services-Miscellaneous Amusement & Recreation · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | |
|---|---|---|
| Revenue | $45.5M | $7.8M |
| Operating income | −$23.1M | −$18.5M |
| Net income | −$22.7M | −$21.8M |
| Total assets | $75.1M | $105.4M |
| Total liabilities | — | — |
| Equity | −$50.4M | −$27.3M |
| EPS (diluted) | $-5.74 | $-5.61 |
| Shares out. | 4.0M | 4.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −50.7%
- Net margin
- −49.9%
- Return on equity
- 45.0%
- Return on assets
- −30.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-12.48
- Revenue growth (YoY)
- 485.8%
- 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 · FY2012- Accruals / assets
- −3.4%clean
- Piotroski F-Score
- 4/8mixed
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. What these scores mean →
Signs
● 2 severe● 3 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- 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-Kmissed a reporting deadline ↗Apr 1, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2013
- NT 10-Qmissed a reporting deadline ↗May 16, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 16, 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- Bankruptcy or receivership · Modified shareholder rightsJul 28, 2014
- Completed an acquisition or dispositionMay 1, 2014
- Entered a material agreement · Terminated a material agreement · Bankruptcy or receivership · New financial obligation · Other material eventApr 10, 2014
- Other material eventApr 7, 2014
- Entered a material agreement · Bankruptcy or receivershipMar 26, 2014
- Entered a material agreementDec 31, 2013
- Other material eventOct 29, 2013
- Other material eventSep 6, 2013
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 ↗- REVOKEDFeb 14, 2020
- 8-KCURRENT REPORTJul 28, 2014
- 8-KFORM 8-KMay 1, 2014
- 8-KCURRENT REPORTApr 10, 2014
- 8-KFORM 8-KApr 7, 2014
- NT 10-KFORM NT 10-KApr 1, 2014
- 8-KFORM 8-KMar 26, 2014
- 8-KFORM 8-KDec 31, 2013
- 10-QFORM 10-QNov 19, 2013
- NT 10-QNov 15, 2013
- 8-KFORM 8-KOct 29, 2013
- 8-KFORM 8-KSep 6, 2013
- 8-KFORM 8-KAug 21, 2013
- 10-QAug 19, 2013
- NT 10-QFORM NT 10-QAug 14, 2013
Event-driven situations (1)
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