Event-Driven Stocks

TECHNICAL COMMUNICATIONS CORP

Technology · Radio & Tv Broadcasting & Communications Equipment · MA · SEC filings ↗ · Compare ⊕

Signs● 2 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY20FY19FY18FY17
Revenue$1.3M$1.9M$4.1M$7.0M$3.7M$3.7M
Operating income−$2.7M−$2.0M−$910,303$617,745−$1.5M−$1.9M
Net income−$2.3M−$1.1M−$910,650$631,426−$1.5M−$1.9M
Total assets$2.0M$2.3M$3.3M$2.9M$4.1M$3.9M
Total liabilities——————
Equity−$1.9M$344,442$1.4M$2.2M$1.5M$3.0M
EPS (diluted)$-1.26$-0.59$-0.49$0.34$-0.80$-1.04
Shares out.1.9M1.9M1.9M1.9M1.9M1.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2022
Operating margin
−208.4%
Net margin
−178.8%
Return on equity
120.5%
Return on assets
−119.5%
Return on capital (ROCE)
—
Liabilities / assets
—
Debt / equity
—
Book value / share
$-1.04
Revenue growth (YoY)
−30.1%
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 · FY2022
Accruals / assets
−2.7%clean
Piotroski F-Score
2/8weak

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 Score
32
/ 100
Profitability 25Growth 0Catalyst 67Earnings quality 67Financial strength 0

Our 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

● 2 severe● 4 warning● 2 good
  • Negative shareholder equity
  • 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
  • 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

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
1 acquisitions0 disposals1 open-market buy(s)net +4,000 shares · last 1
InsiderDateTypeSharesPrice
Norwood Ralph MDirectorJul 15, 2021Buy4,000$4.00

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

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 (1)

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