AROTECH CORP
Technology · Miscellaneous Electrical Machinery, Equipment & Supplies · MI · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $96.6M | $98.7M | $93.0M | $96.6M | $103.6M | $88.6M |
| Operating income | $3.4M | $2.9M | $214,277 | $286,279 | $3.9M | $3.5M |
| Net income | $596,000 | −$768,000 | −$382,000 | −$2.9M | $3.5M | $2.2M |
| Total assets | $118.0M | $116.4M | $109.4M | $117.5M | $124.7M | $80.7M |
| Total liabilities | $41.2M | $45.3M | $44.3M | $53.4M | $58.4M | $32.7M |
| Equity | $76.8M | $71.1M | $65.1M | $64.0M | $66.4M | $48.0M |
| EPS (diluted) | $0.02 | $-0.03 | $-0.02 | $-0.12 | $0.15 | $0.12 |
| Shares out. | 26.5M | 26.4M | 26.5M | 24.6M | 20.2M | 16.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- 3.5%
- Net margin
- 0.6%
- Return on equity
- 0.8%
- Return on assets
- 0.5%
- Return on capital (ROCE)
- 3.8%
- Liabilities / assets
- 34.9%
- Debt / equity
- 0.54×
- Book value / share
- $2.90
- Revenue growth (YoY)
- −2.2%
- 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 · FY2018- Altman Z″ (distress)
- -1.24distress
- Accruals / assets
- −2.3%clean
- Beneish M-Score
- -2.78normal
- 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. What these scores mean →
Signs
● 2 severe● 1 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- 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-Qmissed a reporting deadline ↗Nov 10, 2015
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2015
- NT 10-Qmissed a reporting deadline ↗May 12, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2012
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2011
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventDec 19, 2019
- Shareholder voteDec 17, 2019
- Results of operationsNov 6, 2019
- Entered a material agreement · Other material eventSep 23, 2019
- Results of operationsAug 7, 2019
- Regulation FD disclosureMay 24, 2019
- Results of operations · Shareholder voteMay 8, 2019
- Entered a material agreement · New financial obligationApr 25, 2019
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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