PEERLESS SYSTEMS CORP
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|
| Revenue | $3.6M | $2.5M | $3.6M | $6.2M |
| Operating income | $1.2M | $690,000 | $436,000 | $925,000 |
| Net income | −$858,000 | $1.8M | $1.4M | $4.1M |
| Total assets | $14.1M | $13.9M | $18.4M | $14.6M |
| Total liabilities | $1.9M | $837,000 | $3.5M | $2.8M |
| Equity | $12.1M | $13.1M | $14.9M | $11.8M |
| EPS (diluted) | $-0.32 | $0.53 | $0.40 | $0.31 |
| Shares out. | 2.7M | 3.0M | 3.6M | 13.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- 33.0%
- Net margin
- −23.8%
- Return on equity
- −7.1%
- Return on assets
- −6.1%
- Return on capital (ROCE)
- 9.6%
- Liabilities / assets
- 13.8%
- Debt / equity
- 0.16×
- Book value / share
- $4.41
- Revenue growth (YoY)
- 44.6%
- Net income growth (YoY)
- −148.5%
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 · FY2014- Altman Z″ (distress)
- 14.26safe
- Accruals / assets
- −30.6%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● 1 warning● 6 good- 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
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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 ↗Sep 16, 2008
- NT 10-Kmissed a reporting deadline ↗Apr 30, 2008
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 |
|---|---|---|---|---|
| Jeffrey A. HammerDirector | Feb 12, 2015 | U | 40,793 | — |
| Brog TimothyOfficer — Chief Executive Officer | Feb 12, 2015 | U | 461,511 | — |
| Tsai YiOfficer — Chief Financial Officer | Feb 12, 2015 | U | 21,065 | — |
| Stein Gerald A.Director | Feb 12, 2015 | U | 5,399 | — |
| Dickman Matthew R.Director | Feb 12, 2015 | U | 5,399 | — |
| Peerless Systems Corp10% owner | Oct 6, 2014 | Buy | 12.3M | $0.29 |
| Brog TimothyOfficer — Chief Executive Officer | Sep 23, 2014 | Tax withholding | 60,656 | $4.48 |
| Tsai YiOfficer — Chief Financial Officer | Jul 30, 2014 | Grant | 15,000 | — |
| Dickman Matthew R.Director | Jul 1, 2014 | Grant | 2,703 | — |
| Jeffrey A. HammerDirector | Jul 1, 2014 | Grant | 2,703 | — |
| Stein Gerald A.Director | Jul 1, 2014 | Grant | 2,703 | — |
| Tsai YiOfficer — Chief Financial Officer | May 1, 2014 | Tax withholding | 3,935 | $3.61 |
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsFeb 19, 2015
- Other material eventFeb 11, 2015
- Entered a material agreement · Other material eventDec 24, 2014
- Results of operationsDec 15, 2014
- Completed an acquisition or disposition · Other material eventOct 6, 2014
- Results of operationsSep 15, 2014
- Entered a material agreementSep 3, 2014
- Entered a material agreement · Director / officer changeJul 31, 2014
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 15-12GFeb 25, 2015
- 8-KFORM 8-KFeb 19, 2015
- 4FORM 4Feb 13, 2015
- 4FORM 4Feb 13, 2015
- 4FORM 4Feb 13, 2015
- 4FORM 4Feb 13, 2015
- 4FORM 4Feb 13, 2015
- 25-NSEFeb 12, 2015
- S-8 POSFORM S-8 POSFeb 12, 2015
- SC 14D9/ASCHEDULE 14D9/AFeb 12, 2015
- SC TO-T/ASCHEDULE TO-T/AFeb 12, 2015
- 8-KFORM 8-KFeb 11, 2015
- SC 14D9/ASCHEDULE 14D9/AFeb 11, 2015
- SC 14D9SCHEDULE 14D9Jan 16, 2015
- SC TO-TSCHEDULE TO-TJan 13, 2015