BMXC · Bemax, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2017 | FY 2016 |
|---|---|---|
| Revenue | $144.5K | $538.7K |
| Cost of Revenue | - | $629.4K |
| Gross Profit | ($158.8K) | ($90.7K) |
| R&D | - | - |
| SG&A | $88.6K | $6.5K |
| Total Operating Expenses | $190.0K | $72.5K |
| D&A | $772 | - |
| Operating Income | $56.9K | ($21.6K) |
| Interest Expense | - | - |
| Income Tax | - | $0 |
| Net Income | ($1.59M) | ($163.2K) |
| EPS - Basic | - | - |
| EPS - Diluted | - | - |
Balance Sheet
| Line item | FY 2017 | FY 2016 |
|---|---|---|
| Cash & Equivalents | $39.4K | $58.1K |
| Accounts Receivable | - | - |
| Inventory | $194.3K | - |
| Accounts Payable | $12.8K | $364.6K |
| Current Assets | $277.8K | $465.9K |
| Total Assets | $473.7K | $466.4K |
| Current Liabilities | $718.6K | $889.7K |
| Long-term Debt | - | - |
| Total Liabilities | $718.6K | - |
| Stockholders' Equity | ($244.9K) | ($423.3K) |
| Retained Earnings | ($1.81M) | ($24.1K) |
Cash Flow
| Line item | FY 2017 | FY 2016 |
|---|---|---|
| Operating Cash Flow | ($128.8K) | ($150.2K) |
| Investing Cash Flow | ($15.1K) | $0 |
| Financing Cash Flow | $186.4K | $207.8K |
| CapEx | $15.1K | $0 |
| Free Cash Flow | ($143.9K) | ($150.2K) |
Ratios
| Metric | FY 2017 | FY 2016 |
|---|---|---|
| Profitability | ||
| Gross margin | -109.9% | -16.8% |
| Operating margin | 39.4% | -4.0% |
| EBITDA margin | 39.9% | - |
| Net margin | -1101.5% | -30.3% |
| Free cash flow margin | -99.6% | -27.9% |
| FCF / Net income | 0.09 | 0.92 |
| R&D / Revenue | - | - |
| SG&A / Revenue | 61.3% | 1.2% |
| Effective tax rate | - | - |
| Return on assets | -336.0% | -35.0% |
| Return on equity | 650.0% | 38.5% |
| Return on invested capital | - | - |
| Liquidity | ||
| Current ratio | 0.39 | 0.52 |
| Quick ratio | 0.12 | 0.52 |
| Cash ratio | 0.05 | 0.07 |
| Leverage | ||
| Debt / Equity | - | - |
| Debt / Assets | - | - |
| Debt / EBITDA | - | - |
| Interest coverage | - | - |
| Equity multiplier | -1.93 | -1.10 |
| Liabilities / Assets | 1.52 | - |
| Efficiency | ||
| Asset turnover | 0.31 | 1.16 |
| Inventory turnover | - | - |
| Days sales outstanding | - | - |
| Days inventory outstanding | - | - |
| Days payable outstanding | - | 211d |
| Cash conversion cycle | - | - |
| Valuation | ||
| P / E | - | - |
| P / B | - | - |
| P / S | - | - |
| EV / EBITDA | - | - |
| Growth | ||
| Revenue growth (YoY) | -73.2% | - |
| Revenue CAGR (3y) | - | - |
| Revenue CAGR (5y) | - | - |
| Gross profit growth (YoY) | -75.1% | - |
| Operating income growth (YoY) | - | - |
| Net income growth (YoY) | -875.5% | - |
| EPS growth (YoY) | - | - |
| EPS CAGR (3y) | - | - |
| EPS CAGR (5y) | - | - |
| FCF growth (YoY) | 4.1% | - |
| FCF CAGR (5y) | - | - |
| Book value growth (YoY) | 42.2% | - |
Stability scores
Altman Z′
FY 2017 · bankruptcy risk
-3.37
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2017 · 9-point quality
1/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Converted Paper & Paperboard Prods (No Contaners/Boxes)
Comparing Bemax against the 3 most active filers in the same SIC group.