Agassi Sports Entertainment Corp. Income Statement
AASP|5 years of annual SEC 10-K data (FY2011-FY2015)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$2M
FY2015
Gross Profit
$1M
69.3% gross margin
Operating Income
-$354,661
FY2015
Net Income
$719,390
FY2015
Agassi Sports Entertainment Corp. reported $2M in revenue and $719,390 in net income for FY2015. Revenue has declined at a 1.3% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -57.73 (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Accrual-heavy earnings: Net income significantly exceeds operating cash flow
- Profit margin: 35.7% of revenue retained as profit
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|
| Revenue | $2.0M | $2.1M | $2.1M | $2.1M | $2.1M |
| Cost of Revenue | $620.3K | $671.1K | $752.3K | $723.1K | $646.1K |
| Gross Profit | $1.4M | $1.5M | $1.3M | $1.4M | $1.5M |
| SG&A Expense | $352.8K | $1.4M | $1.5M | $1.6M | $1.5M |
| Operating Income | -$354.7K | -$96.8K | -$271.7K | - | - |
| Interest Expense | $409.5K | $531.2K | -$529.9K | -$540.4K | $493.0K |
| Income Tax | - | - | $0 | $0 | $0 |
| Net Income | $719.4K | $705.3K | $867.1K | -$901.4K | -$693.9K |
| EPS (Diluted) | -$0.14 | -$0.20 | -$0.19 | -$0.15 | -$0.23 |
| Shares Outstanding | 4.6M | 4.6M | 4.5M | 4.5M | 4.5M |
| Gross Margin | 69.3% | 68.5% | 64.0% | 66.0% | 69.5% |
| Operating Margin | -17.6% | -4.5% | -13.0% | - | - |
| Profit Margin | 35.7% | 33.1% | 41.5% | -42.4% | -32.7% |