Company profile

Ticker
DRAD
Exchange
Website
CEO
Matthew Gabel Molchan
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
330145723

DRAD stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

14 Nov 19
20 Jan 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 28.33M 25.8M 23.91M 25.93M
Net income -1.5M -1.21M -1.66M -1.59M
Diluted EPS -0.74 -0.59 -0.08 -1.12
Net profit margin -5.31% -4.69% -6.93% -6.15%
Operating income -1.21M -1.15M -1.14M -1.4M
Net change in cash 615K 67K -748K 582K
Cash on hand 1.48M 864K 797K 1.55M
Cost of revenue 23.14M 20.79M 19.93M 22.19M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 104.18M 104.63M 125.47M 60.83M
Net income 736K -35.73M 14.3M 21.64M
Diluted EPS 0.04 -1.79 0.71 1.1
Net profit margin 0.71% -34.15% 11.40% 35.58%
Operating income -4.55M -5.3M 3.09M 2.77M
Net change in cash -332K -326K -13.67M 1.82M
Cash on hand 1.55M 1.88M 2.2M 15.87M
Cost of revenue 85.91M 89.94M 89.69M 42.92M

Financial data from Digirad earnings reports

13F holders
Current Prev Q Change
Total holders 20 23 -13.0%
Opened positions 2 6 -66.7%
Closed positions 5 15 -66.7%
Increased positions 2 0 +Infinity%
Reduced positions 9 14 -35.7%
13F shares
Current Prev Q Change
Total value 47.61M 5.38M +784.4%
Total shares 633.43K 778.97K -18.7%
Total puts 0 0 NaN%
Total calls 0 0 NaN%
Total put/call ratio NaN NaN NaN%
Largest owners
Shares Value Change
Cannell Capital 223.12K $1M 0.0%
Dimensional Fund Advisors 103.77K $474K -0.4%
Renaissance Technologies 93.52K $419K 0.0%
Vanguard 72.67K $332K -11.8%
Ancora Advisors 44.53K $199K -45.1%
Bridgeway Capital Management 44.09K $201K 0.0%
Ariel Investments 19.53K $87K -51.8%
Dalton Greiner Hartman Maher & Co 16.56K $74K NEW
Weber Alan W 10K $44.8M -90.0%
BLK BlackRock 2.73K $13K -13.1%
Largest transactions
Shares Bought/sold Change
Weber Alan W 10K -90K -90.0%
Ancora Advisors 44.53K -36.52K -45.1%
Ariel Investments 19.53K -21K -51.8%
Dalton Greiner Hartman Maher & Co 16.56K +16.56K NEW
Vanguard 72.67K -9.72K -11.8%
Panagora Asset Management 0 -2.98K EXIT
FNY Investment Advisers 0 -600 EXIT
Tower Research Capital 402 -501 -55.5%
BLK BlackRock 2.73K -413 -13.1%
Dimensional Fund Advisors 103.77K -368 -0.4%

Financial report summary

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Risks
  • Our HoldCo Conversion and related acquisitions or investments could involve unknown risks that could harm our business and adversely affect our financial condition.
  • We are subject to particular risks associated with real estate ownership, which could result in unanticipated losses or expenses.
  • We rely on information technology in our operations, and any material failure, inadequacy, interruption or security failure of that technology could materially harm our business.
  • We may not be able to achieve the anticipated synergies and benefits from business acquisitions.
  • ATRM’s operating results could be adversely affected by changes in the cost and availability of raw materials.
  • ATRM has material weaknesses in its internal control over financial reporting and concluded that its disclosure controls and procedures and internal control over financial reporting were not effective as of December 31, 2018.
  • If KBS is unable to maintain or establish its relationships with independent dealers and contractors who sell its homes, KBS revenue could decline.
  • Due to the nature of ATRM’s business, many of its expenses are fixed costs and if there are decreases in demand for its products, it may adversely affect its operating results.
  • Certain actions taken in connection with reducing operating costs may have a negative impact on ATRM’s business.
  • Due to the nature of the work the Company and its subsidiaries perform, the Company may be subject to significant liability claims and disputes.
  • ATRM’s costs of doing business could increase as a result of changes in, expanded enforcement of, or adoption of new federal, state or local laws and regulations.
  • Our indebtedness could restrict our operations and make us more vulnerable to adverse economic conditions.
  • The SNB Loan Agreement governing our indebtedness contains restrictive covenants that will restrict our operating flexibility and require that we maintain specified financial ratios. If we cannot comply with these covenants, we may be in default under the SNB Loan Agreement.
  • Substantially all of our assets have been pledged to SNB as security for our indebtedness under the SNB Loan Agreement.
  • If we are unable to generate or borrow sufficient cash to make payments on our indebtedness, our financial condition would be materially harmed, our business could fail, and stockholders may lose all of their investment.
  • Increases in interest rates could adversely affect our results from operations and financial condition.
  • The Gerber Finance loan agreements contain certain covenants that restrict ATRM’s ability to engage in certain transactions and may impair its ability to respond to changing business and economic conditions.
  • ATRM’s inability to comply with the financial covenants under its loan agreements with Gerber Finance and Premier Bank could have a material adverse effect on its financial condition.
  • The ability of Digirad to use net operating loss carryforwards to offset future taxable income for U.S. income tax purposes may be limited.
Management Discussion
  • The decrease in Diagnostic Services revenue compared to the prior year quarter was primarily due to the sale of our Telerhythmics business in October 2018, resulting in a loss of revenues of $0.9 million.
  • The increase in Mobile Healthcare revenue compared to the prior year quarter was primarily due to an increase in rental revenue of $0.2m in sublease and owned assets. The utilization of our interim rentals can vary in each period based on customers that are in the midst of new construction or refurbishing their current facilities.
  • The increase in Diagnostic Imaging revenue was due to more advanced camera sales compared to prior year quarter.
Content analysis ?
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