ZIX CORP
Technology · Services-Computer Processing & Data Preparation · TX · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $52.4M | $29.3M | $70.5M | $65.7M | $60.1M | $54.7M |
| Operating income | $4.6M | −$9.1M | $10.0M | $10.2M | $9.3M | $7.9M |
| Net income | −$853,000 | −$6.3M | $15.4M | −$8.1M | $5.8M | $5.0M |
| Total assets | $449.7M | $412.7M | $104.6M | $81.3M | $82.4M | $87.3M |
| Total liabilities | $299.7M | $264.9M | $43.7M | $37.8M | $33.3M | $30.5M |
| Equity | $34.4M | $41.3M | $60.9M | $43.5M | $49.1M | $56.8M |
| EPS (diluted) | $-0.06 | $-0.17 | $0.29 | $-0.15 | $0.11 | $0.09 |
| Shares out. | 55.6M | 54.1M | 54.4M | 54.4M | 56.2M | 57.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- 8.7%
- Net margin
- −1.6%
- Return on equity
- −2.5%
- Return on assets
- −0.2%
- Return on capital (ROCE)
- 1.2%
- Liabilities / assets
- 66.6%
- Debt / equity
- 8.70×
- Book value / share
- $0.62
- Revenue growth (YoY)
- 79.0%
- 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 · FY2020- Altman Z″ (distress)
- -2.18distress
- Accruals / assets
- −7.1%clean
- Piotroski F-Score
- 6/9mixed
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● 1 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Operating margin is positive
- 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-Kmissed a reporting deadline ↗Mar 16, 2005
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 · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosureDec 23, 2021
- Entered a material agreement · Results of operations · Modified shareholder rights · Other material eventNov 9, 2021
- Results of operationsAug 5, 2021
- Shareholder voteJun 11, 2021
- Director / officer changeJun 4, 2021
- Results of operationsMay 5, 2021
- Results of operationsFeb 25, 2021
- Entered a material agreement · Results of operations · Regulation FD disclosure · Other material eventNov 9, 2020
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 ↗- SC 13G/AFeb 9, 2022
- 15-12GJan 3, 2022
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- 4FORM 4 SUBMISSIONDec 28, 2021
- EFFECTDec 27, 2021
- EFFECTDec 27, 2021
- EFFECTDec 27, 2021
Event-driven situations (1)
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