ITEX CORP
Industrials · Services-Business Services, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $11.1M | $12.0M | $13.5M | $4.0M | $3.7M | $4.0M |
| Operating income | −$522,000 | $957,000 | $849,000 | $499,000 | $332,000 | $241,000 |
| Net income | −$1.5M | $690,000 | $661,000 | $358,000 | $248,000 | $160,000 |
| Total assets | $8.9M | $10.7M | $13.4M | $13.5M | $13.1M | $17.0M |
| Total liabilities | $1.3M | $1.4M | $1.4M | $1.7M | $2.2M | $2.3M |
| Equity | $7.6M | $9.4M | $11.9M | $11.8M | $10.9M | $14.8M |
| EPS (diluted) | $-0.79 | $0.28 | $0.25 | $0.14 | $0.09 | $0.04 |
| Shares out. | 2.1M | 2.1M | 2.8M | 2.9M | 2.6M | 3.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- −4.7%
- Net margin
- −13.7%
- Return on equity
- −20.0%
- Return on assets
- −17.1%
- Return on capital (ROCE)
- −6.9%
- Liabilities / assets
- 14.8%
- Debt / equity
- 0.17×
- Book value / share
- $3.64
- Revenue growth (YoY)
- −7.5%
- Net income growth (YoY)
- −320.1%
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 · FY2016- Altman Z″ (distress)
- 2.56grey zone
- Accruals / assets
- −34.1%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
● 1 severe● 4 warning● 3 good- 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
- Altman Z″ in the grey zone
- Conservative leverage (liabilities < 50% of assets)
- 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 ↗Oct 29, 2003
- NT 10-Qmissed a reporting deadline ↗Jun 17, 2003
- NT 10-Qmissed a reporting deadline ↗Dec 14, 2001
- NT 10-Kmissed a reporting deadline ↗Oct 29, 2001
- NT 10-Qmissed a reporting deadline ↗Jun 14, 2001
- NT 10-Qmissed a reporting deadline ↗Dec 18, 2000
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| White StevenOfficer — CEO | Dec 3, 2015 | Grant | 25,000 | $0.00 |
| White StevenOfficer — CEO | Apr 22, 2015 | D | 62,197 | $4.00 |
| Wade JohnOfficer — CFO | Apr 22, 2015 | D | 13,269 | $4.00 |
| Best EricDirector | Apr 22, 2015 | D | 4,975 | $4.00 |
| Morones Timothy RDirector | Nov 20, 2014 | Grant | 5,000 | $0.00 |
| Callan Kevin HDirector | Nov 20, 2014 | Grant | 5,000 | $0.00 |
| Best EricDirector | Nov 20, 2014 | Grant | 5,000 | $0.00 |
| White StevenOfficer — CEO | Nov 20, 2014 | Grant | 25,000 | $0.00 |
| Best EricDirector | Mar 31, 2014 | D | 8,000 | $4.30 |
| Wade JohnOfficer — CFO | Jan 20, 2014 | D | 16,000 | $4.00 |
| Callan Kevin HDirector | Dec 13, 2013 | Grant | 5,000 | $0.00 |
| Best EricDirector | Dec 13, 2013 | Grant | 5,000 | $0.00 |
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- Regulation FD disclosureJun 7, 2017
- Other material eventApr 7, 2017
- Shareholder voteDec 14, 2016
- Other material eventAug 26, 2016
- Other material eventAug 18, 2016
- Entered a material agreement · New financial obligationJun 17, 2016
- Regulation FD disclosureJun 10, 2016
- Amended charter or bylaws · Other material eventApr 8, 2016
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 ↗- 15-12GAug 2, 2017
- S-8 POSJul 24, 2017
- S-8 POSJul 24, 2017
- 10-QJun 13, 2017
- 8-KFORM 8-KJun 7, 2017
- 8-KFORM 8-KApr 7, 2017
- 10-QFORM 10-QMar 14, 2017
- 8-KFORM 8-KDec 14, 2016
- 10-QDec 9, 2016
- DEFA14ANov 1, 2016
- DEF 14ANov 1, 2016
- 10-KOct 20, 2016
- 8-KFORM 8-KAug 26, 2016
- 8-KFORM 8-KAug 18, 2016
- 8-KFORM 8-KJun 17, 2016
Event-driven situations (1)
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