PULSE ELECTRONICS CORP
Technology · Electronic Components, NEC · PA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|---|
| Revenue | $81.7M | $84.8M | $94.1M | $88.0M | $432.5M | $398.8M |
| Operating income | $40,000 | $4.3M | −$12.5M | −$17.9M | −$15.8M | −$71.8M |
| Net income | −$9.0M | −$7.1M | −$4.1M | −$4.4M | −$38.4M | −$193.2M |
| Total assets | $164.5M | $188.8M | $188.6M | $181.1M | $224.6M | $374.8M |
| Total liabilities | $245.8M | $242.4M | — | — | — | — |
| Equity | −$87.5M | −$59.8M | −$55.6M | −$39.7M | $10.7M | $56.2M |
| EPS (diluted) | $-2.02 | $-0.89 | $-0.99 | $-1.16 | $-0.94 | $-4.73 |
| Shares out. | 17.2M | 79.5M | 42.1M | 41.5M | 41.5M | 41.2M |
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
- 0.0%
- Net margin
- −11.1%
- Return on equity
- 10.3%
- Return on assets
- −5.5%
- Return on capital (ROCE)
- 0.1%
- Liabilities / assets
- 149.4%
- Debt / equity
- —
- Book value / share
- $-5.08
- Revenue growth (YoY)
- −3.7%
- 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 · FY2014- Altman Z″ (distress)
- -6.57distress
- Accruals / assets
- −8.6%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
● 2 severe● 3 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Benjamin Alan HOfficer — Chief Operating Officer | Dec 18, 2014 | Tax withholding | 1,242 | $1.44 |
| Benjamin Alan HOfficer — Chief Operating Officer | Jun 13, 2014 | Grant | 45,537 | $0.00 |
| Bond Michael C.Officer — Chief Financial Officer | Jun 13, 2014 | Grant | 43,509 | $0.00 |
| Faison Ralph EOfficer — Chairman, President and CEO | Jun 13, 2014 | Grant | 197,053 | $0.00 |
| Vazales KajDirector | Jun 13, 2014 | Grant | 21,053 | $0.00 |
| Heinzmann David WDirector | Jun 13, 2014 | Grant | 21,053 | $0.00 |
| Sutton GaryDirector | Jun 13, 2014 | Grant | 21,053 | $0.00 |
| Major John EDirector | Jun 13, 2014 | Grant | 21,053 | $0.00 |
| Crane Steven GDirector | Jun 13, 2014 | Grant | 21,053 | $0.00 |
| Switz Robert EDirector | Jun 13, 2014 | Grant | 21,053 | $0.00 |
| Ocm Pe Holdings, L.P.Director | Jun 13, 2014 | Grant | 21,053 | $0.00 |
| Ocm Pe Holdings, Inc.10% owner | Feb 21, 2014 | Conversion | 8.2M | $0.00 |
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- Unregistered equity sale · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Other material eventApr 14, 2015
- Entered a material agreement · New financial obligation · Unregistered equity saleApr 3, 2015
- Results of operationsMar 20, 2015
- Entered a material agreement · Unregistered equity sale · Other material eventMar 2, 2015
- Director / officer change · Other material eventFeb 24, 2015
- Director / officer changeDec 4, 2014
- Results of operationsNov 10, 2014
- Delisting / listing-standard noticeSep 30, 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 ↗- DApr 27, 2015
- 15-12BApr 15, 2015
- SC 13E3/AApr 15, 2015
- SC 13D/AAMENDMENT NO. 3Apr 14, 2015
- 8-KFORM 8-KApr 14, 2015
- CORRESPApr 9, 2015
- CORRESPApr 8, 2015
- SC 13E3/AApr 8, 2015
- SC 13D/AApr 7, 2015
- SC 13DApr 3, 2015
- CORRESPApr 3, 2015
- SC 13E3/AAMENDMENT NO. 1 TO SCHEDULE 13E-3Apr 3, 2015
- DApr 3, 2015
- 8-KFORM 8-KApr 3, 2015
- UPLOADMar 30, 2015