Steel Connect LLC
STCNIndustrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $174.1M | $148.3M | $203.3M | $226.3M | $782.8M | $819.8M |
| Operating income | $7.5M | $6.8M | $1.2M | −$1.6M | $32.4M | −$25.3M |
| Net income | $88.0M | $7.5M | −$11.0M | −$44.4M | −$5.3M | −$66.7M |
| Total assets | $485.6M | $411.2M | $137.7M | $676.4M | $759.2M | $731.6M |
| Total liabilities | $93.7M | $104.8M | $111.8M | $635.0M | $675.2M | $643.7M |
| Equity | $154.2M | −$2.9M | −$9.2M | $6.2M | $48.8M | $52.7M |
| EPS (diluted) | $3.11 | $0.89 | $-2.04 | $-0.75 | $-0.12 | $-1.13 |
| Shares out. | 6.3M | 6.3M | 60.7M | 60.4M | 62.8M | 61.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- 4.3%
- Net margin
- 50.5%
- Return on equity
- 57.1%
- Return on assets
- 18.1%
- Return on capital (ROCE)
- 1.8%
- Liabilities / assets
- 19.3%
- Debt / equity
- 0.61×
- Book value / share
- $24.34
- Revenue growth (YoY)
- 17.4%
- Net income growth (YoY)
- 1079.4%
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 · FY2024- Altman Z″ (distress)
- 5.44safe
- Accruals / assets
- 13.6%high accruals
- Beneish M-Score
- -1.29elevated
- Piotroski F-Score
- 4/9mixed
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● 2 warning● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High accruals — earnings-quality risk
- Beneish M-Score elevated — earnings-manipulation screen flag
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- 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-Kmissed a reporting deadline ↗Oct 29, 2024
- NT 10-Kmissed a reporting deadline ↗Oct 30, 2023
- NT 10-Kmissed a reporting deadline ↗Oct 31, 2022
- NT 10-Qmissed a reporting deadline ↗Dec 11, 2018
- NT 10-Kmissed a reporting deadline ↗Oct 16, 2018
- NT 10-Qmissed a reporting deadline ↗Jun 11, 2018
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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Steel Partners Holdings L.P.Activist (13D)Jan 6, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Steel Partners Holdings L.P.10% owner | Apr 20, 2026 | Buy | 24,335 | $4.13 |
| Steel Partners Holdings L.P.10% owner | Apr 15, 2026 | Buy | 10,463 | $4.09 |
| Steel Partners Holdings L.P.10% owner | Apr 10, 2026 | Buy | 1,700 | $4.00 |
| Steel Partners Holdings L.P.10% owner | Apr 7, 2026 | Buy | 5,000 | $4.00 |
| Steel Partners Holdings L.P.10% owner | Mar 31, 2026 | Buy | 11,228 | $4.03 |
| Steel Partners Holdings L.P.10% owner | Mar 26, 2026 | Buy | 2,857 | $4.00 |
| Steel Partners Holdings L.P.10% owner | Mar 19, 2026 | Buy | 13,739 | $3.74 |
| Steel Partners Holdings L.P.10% owner | Mar 12, 2026 | Buy | 15,160 | $4.20 |
| Steel Partners Holdings L.P.10% owner | Mar 9, 2026 | Buy | 6,039 | $3.60 |
| Steel Partners Holdings L.P.10% owner | Jan 15, 2026 | Buy | 137 | $5.10 |
| Steel Partners Holdings L.P.10% owner | Jan 12, 2026 | Buy | 10,001 | $5.03 |
| Steel Partners Holdings L.P.10% owner | Dec 31, 2025 | Buy | 8,702 | $5.03 |
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 · Other material eventJan 2, 2025
- Other material eventDec 16, 2024
- Results of operationsDec 12, 2024
- Other material eventNov 29, 2024
- Results of operationsNov 6, 2024
- Other material eventOct 29, 2024
- Shareholder voteJul 29, 2024
- Results of operationsJun 6, 2024
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 ↗- 13F-NTMay 15, 2026
- 4OWNERSHIP DOCUMENTApr 22, 2026
- 4OWNERSHIP DOCUMENTApr 17, 2026
- 4OWNERSHIP DOCUMENTApr 14, 2026
- 4OWNERSHIP DOCUMENTApr 9, 2026
- 4OWNERSHIP DOCUMENTApr 2, 2026
- 4OWNERSHIP DOCUMENTMar 30, 2026
- 4OWNERSHIP DOCUMENTMar 23, 2026
- 4Mar 16, 2026
- 4OWNERSHIP DOCUMENTMar 11, 2026
- SCHEDULE 13D/AFeb 24, 2026
- SCHEDULE 13D/AFeb 18, 2026
- 13F-NTFeb 13, 2026
- SCHEDULE 13D/AFeb 4, 2026
- 4OWNERSHIP DOCUMENTJan 20, 2026