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OTC MARKETS · Technology
$0.0001
0.00% · delayed ~15 min
Updated
$348.00 market value
From ImageWare Systems Inc's FY2021 annual-report
It took in $3.5M last year, which makes it a small company. Of every dollar it sells, about 267 cents is left as profit.
The financial picture is mixed, with profitability needing attention and debt weaker.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
A published bankruptcy-risk model places it in its distress range. This is a statistical reading, not a forecast.
Altman Z-Score -125.75
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Several areas of financial weakness.
From ImageWare Systems Inc's FY2021 annual filing · share price scored separately
2 of 4 scored areas had enough reported figures to judge
How the latest move compares (quote delayed ~15 min), and what was published around it
IWSY was unchanged on the latest quote. The S&P 500 moved −0.52%. That is 0.5 points above the market.
No filing from IWSY and no news item about it appeared in the last 3 days.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 7 analysts covering this company, as of . Their views, not this site's.
Of 7 analysts publishing on this company, 2 say strong buy, 4 say buy and 1 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 267 cents of every dollar of sales as profit, earning $9.3M last year. Note that operations still consumed cash despite the reported profit.
Not enough history has been reported to judge growth.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2021 annual filing
Last year it earned $9.3M and generated -$7.7M of cash from operations.
Reported annual figures
Not enough reported history to chart trends for this company.
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY2021annual-report |
|---|---|
| RevenueWhat is this? | $3.5M |
| Cost of revenue | $668.0K |
| Gross profit | $2.8M |
| Gross marginGross profit ÷ revenueWhat is this? | 80.8% |
| Selling, general and administrative | $9.0M |
| Operating income | -$10.8M |
| Operating marginOperating income ÷ revenueWhat is this? | -309.8% |
| Interest expense | $2.0K |
| Income before tax | $9.3M |
| Net income | $9.3M |
| Net marginNet income ÷ revenueWhat is this? | 267.3% |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $0.0267 |
† calculated from other reported figures, such as total liabilities as assets minus equity. There is no consecutive earlier year to compare with.
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Nothing recent
No insider trades, pending-sale notices or 5% stake filings from IWSY in the last few months. That is the ordinary case, not a gap.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Write down why you are following ImageWare Systems Inc, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to one of these filings.
Straight from SEC EDGAR — the original source for every figure above
No filings found
This company has no recent filings indexed on EDGAR.
Coverage from the last 30 days
Nothing in the last 30 days
No articles have been published about IWSY in the past month. Its filings are listed alongside, and they are the more reliable record anyway.
Primary sources and further research
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from IWSY's annual-report for fiscal year 2021 (period ending 2021-12-31), reported under the US GAAP taxonomy.
The score averages profitability, growth, debt and accounting. Growth and Accounting had too few reported figures and are left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 3 of the 9 Piotroski checks could be evaluated. How the score works
Every check behind the three models, and what each one tests
1 of 3 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. 6 could not be evaluated and are excluded from the total rather than counted as failures.
-125.75
In the distress zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 0.2% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
No — it holds more cash than debt, with $678.0K left over after paying off every borrowing. For every $1 it owes, it owns $0.50 in assets. Its operating profit does not cover its interest bill — -5378.00x against the interest it owes. A bankruptcy-risk model also places it in its distress range.
The trailing P/E is 0.0x — investors pay $0.0 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
* Valuation inputs marked stale are based on an annual filing older than eighteen months. The market value is current, but the denominator is not.