Event-Driven Stocks

MPHASE TECHNOLOGIES, INC.

Technology · Services-Prepackaged Software · NJ · SEC filings ↗ · Compare ⊕

Signs● 3 good● 3 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$30.7M$30.3M$2.5M———
Operating income$3.2M−$12.6M−$1.8M−$735,026−$231,334−$680,301
Net income$1.7M−$14.1M−$2.0M$313,904−$310,765−$947,060
Total assets$21.0M$17.1M$5.6M$1,061$10,173$33,519
Total liabilities$9.3M$11.6M$5.0M$4.0M$4.5M$4.4M
Equity$11.7M$5.5M$605,638−$4.0M−$4.5M−$4.4M
EPS (diluted)——$-0.23$0.09——
Shares out.79.2M19.2M12.4M39.54B17.76B17.77B

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

Key ratios

from filings · FY2021
Operating margin
10.5%
Net margin
5.4%
Return on equity
14.2%
Return on assets
7.9%
Return on capital (ROCE)
27.0%
Liabilities / assets
44.3%
Debt / equity
0.79×
Book value / share
$0.15
Revenue growth (YoY)
1.3%
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 · FY2021
Altman Z″ (distress)
-29.67distress
Accruals / assets
15.2%high accruals
Beneish M-Score
-1.70elevated
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
62
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 0Financial 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 severe● 3 warning● 3 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
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Operating margin is positive
  • Revenue is growing year-over-year
  • 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

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

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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