GRESHAM WORLDWIDE, INC.
GIGAIndustrials · Instruments For Meas & Testing of Electricity & Elec Signals · CA · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $37.8M | $9.0M | $13.1M | $11.8M | $11.1M | $9.8M |
| Operating income | −$12.5M | −$2.6M | −$1.1M | −$433,000 | −$288,000 | −$3.1M |
| Net income | −$15.1M | −$2.7M | −$393,000 | −$687,000 | −$937,000 | −$3.1M |
| Total assets | $31.9M | $8.1M | $7.8M | $8.9M | $6.3M | $8.4M |
| Total liabilities | $35.0M | $4.3M | $3.6M | $4.6M | $4.5M | $8.3M |
| Equity | −$3.6M | $3.7M | $4.2M | $4.3M | $1.8M | $131,000 |
| EPS (diluted) | $-2.54 | $-3.20 | $-1.06 | — | $-0.10 | $-0.38 |
| Shares out. | 5.9M | 2.8M | 2.7M | 2.6M | 11.4M | 10.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −33.2%
- Net margin
- −39.9%
- Return on equity
- 419.1%
- Return on assets
- −47.3%
- Return on capital (ROCE)
- −106.3%
- Liabilities / assets
- 109.6%
- Debt / equity
- —
- Book value / share
- $-0.61
- Revenue growth (YoY)
- 319.0%
- 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 · FY2023- Altman Z″ (distress)
- -7.31distress
- Accruals / assets
- −38.5%clean
- Beneish M-Score
- 0.26elevated
- Piotroski F-Score
- 2/9weak
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● 5 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
- Beneish M-Score elevated — earnings-manipulation screen flag
- 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 ↗Aug 15, 2024
- NT 10-Q/Amissed a reporting deadline ↗May 16, 2024
- NT 10-Qmissed a reporting deadline ↗May 16, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
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- Terminated a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Director / officer changeAug 16, 2024
- Entered a material agreementJun 27, 2024
- Debt acceleration / triggering eventMay 1, 2024
- Amended charter or bylawsMar 8, 2024
- Other material eventDec 19, 2023
- New financial obligation · Unregistered equity saleNov 6, 2023
- Director / officer changeNov 1, 2023
- Entered a material agreement · New financial obligation · Unregistered equity saleOct 17, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.