GLOBAL AXCESS CORP
Industrials · Services-Business Services, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $8.3M | $8.0M | $22.7M | $21.5M |
| Operating income | −$35,000 | −$260,000 | −$433,673 | $2.7M |
| Net income | −$291,000 | −$544,000 | −$853,568 | $2.8M |
| Total assets | $20.4M | $32.8M | $30.4M | — |
| Total liabilities | $18.6M | $19.1M | $14.5M | — |
| Equity | $1.9M | $13.7M | $15.9M | $16.6M |
| EPS (diluted) | $-0.01 | $-0.02 | $-0.04 | $0.12 |
| Shares out. | 22.7M | 22.7M | 22.1M | 22.8M |
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
- −0.4%
- Net margin
- −3.5%
- Return on equity
- −15.3%
- Return on assets
- −1.4%
- Return on capital (ROCE)
- −1.8%
- Liabilities / assets
- 90.7%
- Debt / equity
- 9.78×
- Book value / share
- $0.08
- Revenue growth (YoY)
- 4.4%
- 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- Altman Z″ (distress)
- -8.52distress
- Accruals / assets
- −8.2%clean
- 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 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● 3 warning● 3 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
- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- Positive operating cash flow
- 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 13, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2012
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2012
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2006
- NT 10-Kmissed a reporting deadline ↗Mar 28, 2002
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2001
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- Entered a material agreement · Completed an acquisition or disposition · Director / officer change · Regulation FD disclosureOct 1, 2013
- Director / officer change · Regulation FD disclosureSep 18, 2013
- Entered a material agreement · Regulation FD disclosureSep 3, 2013
- Entered a material agreement · New financial obligation · Regulation FD disclosureAug 15, 2013
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Director / officer change · Amended charter or bylaws · Regulation FD disclosureAug 6, 2013
- Entered a material agreement · New financial obligationMay 31, 2013
- Entered a material agreement · New financial obligation · Director / officer changeMay 14, 2013
- Entered a material agreement · New financial obligation · Director / officer changeApr 26, 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 ↗- 15-12GFORM 15-12GJan 2, 2014
- S-8 POSDec 31, 2013
- S-8 POSDec 31, 2013
- S-8 POSDec 31, 2013
- 8-KCURRENT REPORTOct 1, 2013
- 8-KFORM 8-KSep 18, 2013
- 8-KSep 3, 2013
- 8-KFORM 8-KAug 15, 2013
- NT 10-QAug 13, 2013
- 8-KAug 6, 2013
- 8-KFORM 8-KMay 31, 2013
- 15-12GFORM 15-12GMay 28, 2013
- 10-QQUARTERLY REPORTMay 15, 2013
- 8-KFORM 8-KMay 14, 2013
- 8-KCURRENT REPORTApr 26, 2013