Event-Driven Stocks

EMCORE CORP

EMKR

Technology · Semiconductors & Related Devices · NJ · SEC filings ↗ · Compare ⊕

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Signs2 good4 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$85.9M$97.7M$45.3M$158.4M$23.9M$21.7M
Operating income−$24.5M−$48.7M−$41.0M$19.0M−$5.0M−$5.5M
Net income−$31.2M−$75.4M−$24.3M$25.6M−$5.1M−$5.0M
Total assets$93.9M$143.9M$189.1M$180.8M$126.2M$109.6M
Total liabilities$43.7M$63.6M$71.1M$43.3M$52.1M$32.8M
Equity$50.2M$80.3M$118.0M$137.5M$74.1M$76.7M
EPS (diluted)$-3.46$-14.63$-0.65$0.72$-0.24$-1.29
Shares out.9.1M77.2M37.6M37.0M29.6M28.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
−28.6%
Net margin
−36.4%
Return on equity
−62.3%
Return on assets
−33.3%
Return on capital (ROCE)
−32.5%
Liabilities / assets
46.6%
Debt / equity
0.87×
Book value / share
$5.53
Revenue growth (YoY)
−12.1%
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 · FY2024
Altman Z″ (distress)
-23.29distress
Accruals / assets
27.6%clean
Beneish M-Score
-3.68normal
Piotroski F-Score
5/9mixed

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 Score
35
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 67Financial strength 75

Our 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 severe4 warning2 good
  • 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
  • Revenue declined year-over-year
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • 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

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.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
3 acquisitions9 disposalsnet 1.4M shares · last 12
InsiderDateTypeSharesPrice
Roncka Jeffrey JDirectorFeb 28, 2025D27,295$3.10
Rogers DavidDirectorFeb 28, 2025D47,619$3.10
Grooms BruceDirectorFeb 28, 2025D31,578$3.10
Glasener Cletus CDirectorFeb 28, 2025D42,966$3.10
Minichiello Thomas P.Officer — Chief Financial OfficerFeb 28, 2025D104,587$3.10
Vargas MatthewOfficer — Interim CEOFeb 28, 2025D218,683$3.10
Vargas MatthewOfficer — Interim CEODec 9, 2024Tax withholding48$2.99
Rogers DavidDirectorAug 19, 2024Grant47,619
Vargas MatthewOfficer — Interim CEOAug 9, 2024Tax withholding48$0.93
Minichiello Thomas P.Officer — Chief Financial OfficerJun 14, 2024Grant76,400
Vargas MatthewOfficer — Interim CEOJun 14, 2024Grant215,517
Archon Capital Management Llc10% ownerMay 9, 2024Sell1.3M$1.12

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

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)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.