20230930-DK-Butterfly-1, Inc.
Consumer Discretionary · Retail-Home Furniture, Furnishings & Equipment Stores · NY · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $5.34B | $7.87B | $9.23B | $11.16B | $12.03B | $12.35B |
| Operating income | −$2.78B | −$407.6M | −$336.9M | −$700.1M | −$87.1M | $761.3M |
| Net income | −$3.50B | −$559.6M | −$150.8M | −$613.8M | −$137.2M | — |
| Total assets | $2.23B | $5.13B | $6.46B | $7.79B | $6.57B | $7.04B |
| Total liabilities | $5.03B | $4.96B | $5.18B | $6.03B | $4.01B | $4.15B |
| Equity | −$2.80B | $174.1M | $1.28B | $1.76B | $2.56B | $2.89B |
| EPS (diluted) | $-36.03 | $-5.64 | $-1.24 | $-4.94 | $-1.02 | $3.04 |
| Shares out. | 739.1M | 79.8M | 109.1M | 126.6M | 132.1M | 140.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −51.9%
- Net margin
- −65.5%
- Return on equity
- 125.0%
- Return on assets
- −157.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 225.8%
- Debt / equity
- —
- Book value / share
- $-3.79
- Revenue growth (YoY)
- −32.1%
- 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 · FY2023- Altman Z″ (distress)
- -12.76distress
- Accruals / assets
- −112.7%clean
- Piotroski F-Score
- 2/9weak
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
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Apr 26, 2023
- NT 10-Qmissed a reporting deadline ↗Jan 5, 2023
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- Bankruptcy or receivership · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Regulation FD disclosureSep 29, 2023
- Bankruptcy or receivershipSep 20, 2023
- Regulation FD disclosureSep 14, 2023
- Other material eventJul 12, 2023
- Other material eventJun 28, 2023
- Regulation FD disclosureJun 23, 2023
- Entered a material agreement · Bankruptcy or receivershipJun 22, 2023
- Entered a material agreementJun 13, 2023
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 (2)
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