Company Quick10K Filing
Safeguard Scientifics
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 21 $248
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-09 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-03-01 Annual: 2018-12-31
10-Q 2018-10-25 Quarter: 2018-09-30
10-Q 2018-07-26 Quarter: 2018-06-30
10-Q 2018-04-26 Quarter: 2018-03-31
10-K 2018-03-07 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-03-03 Annual: 2016-12-31
10-Q 2016-10-28 Quarter: 2016-09-30
10-Q 2016-07-29 Quarter: 2016-06-30
10-Q 2016-04-29 Quarter: 2016-03-31
10-K 2016-03-04 Annual: 2015-12-31
10-Q 2015-10-23 Quarter: 2015-09-30
10-Q 2015-07-24 Quarter: 2015-06-30
10-Q 2015-04-24 Quarter: 2015-03-31
10-K 2015-03-06 Annual: 2014-12-31
10-Q 2014-10-24 Quarter: 2014-09-30
10-Q 2014-07-25 Quarter: 2014-06-30
10-Q 2014-04-25 Quarter: 2014-03-31
10-K 2014-03-07 Annual: 2013-12-31
10-Q 2013-10-25 Quarter: 2013-09-30
10-Q 2013-07-26 Quarter: 2013-06-30
10-Q 2013-04-26 Quarter: 2013-03-31
10-K 2013-03-11 Annual: 2012-12-31
10-Q 2012-10-26 Quarter: 2012-09-30
10-Q 2012-07-27 Quarter: 2012-06-30
10-Q 2012-04-27 Quarter: 2012-03-31
10-K 2012-03-02 Annual: 2011-12-31
10-Q 2011-10-28 Quarter: 2011-09-30
10-Q 2011-07-28 Quarter: 2011-06-30
10-Q 2011-04-27 Quarter: 2011-03-31
10-K 2011-03-04 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-07-30 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-16 Annual: 2009-12-31
8-K 2019-11-07 Earnings, Other Events, Exhibits
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-05-22 Shareholder Vote
8-K 2019-05-17 Other Events, Exhibits
8-K 2019-03-26 Enter Agreement, Other Events, Exhibits
8-K 2019-03-15 Enter Agreement, Other Events, Exhibits
8-K 2019-02-18 Officers, Regulation FD, Exhibits
8-K 2019-01-03 Enter Agreement, Exhibits
8-K 2018-12-03 Other Events, Exhibits
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-09-17 Officers, Regulation FD, Exhibits
8-K 2018-08-27 Officers, Regulation FD, Exhibits
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-07-02 Enter Agreement, M&A, Regulation FD, Exhibits
8-K 2018-06-20 Shareholder Vote
8-K 2018-05-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-04-22 Enter Agreement, Officers, Other Events, Exhibits
8-K 2018-04-06 Officers, Other Events, Exhibits
8-K 2018-03-01 Earnings, Exhibits
8-K 2018-02-19 Enter Agreement, Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2018-02-13 Amend Bylaw, Exhibits
8-K 2018-01-17 Exit Costs, Regulation FD, Exhibits

Safeguard Scientifics Financials

SFE Metrics, Comps, Filings

Annual | Quarterly

Business

Over the recent past, Safeguard has provided capital and relevant expertise to fuel the growth of technology-driven businesses in healthcare, financial services and digital media. Throughout this document, we use the term "partner company" to generally refer to those companies in which we have a significant equity interest. In many, but not all cases, we will also be actively involved, influencing development through board representation and management support, in addition to the influence we exert through our equity ownership. From time to time, in addition to these partner companies, we also hold relatively small equity interests in other enterprises where we do not exert significant influence and do not participate in management activities. In some cases, these interests relate to former partner companies.

In January 2018, Safeguard announced that we will not deploy any capital into new partner company opportunities and will focus on supporting our existing partner companies and maximizing monetization opportunities to return value to shareholders. In that context, we have, are and will consider initiatives including, among others: the sale of individual partner companies, the sale of certain or all partner company interests in secondary market transactions, or a combination thereof, as well as other opportunities to maximize shareholder value. We anticipate returning value to shareholders after satisfying our debt obligations and working capital needs.

Safeguard's existing group of partner companies consist principally of technology-driven businesses in healthcare, financial services and digital media that are capitalizing on the next wave of enabling technologies, including enhanced security and predictive analytics. We strive to create long-term value for our shareholders by helping our partner companies to increase their market penetration, grow revenue and improve cash flow. Safeguard typically deploys up to $25 million in a company.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Parke Bank (PKBK) 256,484 1.6 2% 1,549,794 1,382,539 0 0 27,829 56,998 88,691
Hallmark Financial Services (HALL) 256,062 0% 3.4 2% 1,405,768 1,116,232 426,826 0 32,664 53,624 184,906
Orrstown Financial (ORRF) 254,111 6.3 0% 2,399,508 2,179,640 0 0 10,957 34,947 220,493
AMES National (ATLO) 251,969 6.8 1% 1,468,595 1,285,344 0 0 17,515 33,489 229,354
PDL Community Bancorp (PDLB) 251,805 11.4 0% 1,056,116 890,913 0 0 2,656 17,420 198,795
First Choice Bancorp (FCBP) 250,103 0% 0.3 1% 1,730,433 1,476,312 2,106 0 23,136 45,136 12,500
National Bankshares (NKSH) 249,853 0% 11.9 1% 1,269,517 1,085,669 6,146 0 17,251 21,002 249,853
Greene County Bancorp (GCBC) 248,450 8.0 1% 1,269,462 1,157,093 0 0 17,484 27,457 218,912
Safeguard Scientifics (SFE) 248,309 2.4 40% 181,270 56,054 0 0 73,193 73,193 174,839
Fidelity D&D Bancorp (FDBC) 248,234 11.3 1% 997,039 895,613 0 0 11,514 20,314 229,044
Arlington Asset Investment (AI) 246,963 -4.6 -1% 4,063,892 3,739,603 0 0 -37,737 -61,748 283,663
Value Line (VALU) 246,829 0% 14.3 12% 101,249 51,973 36,903 0 11,736 16,938 242,642
LCNB (LCNB) 245,899 6.8 1% 1,642,012 1,419,040 0 0 18,749 32,521 222,714
Graf Industrial (GRAF) 243,034 -283,194.8 1% 247,960 242,960 0 0 2,656 3,290 -931,756,966
Live Ventures (LIVE) 28,395 37% 6.0 3% 131,848 90,639 207,254 76,140 4,126 12,753 76,415
Dragon Victory (LYL) 22,043 0% 12,314 2,997 0 0 0 0 22,005
180 Degree Capital (TURN)
Aames Investment (AIC)

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash83,18766,029139,318111,89732,83822,05827,087500
Accounts Receivable
Inventory
PP&E2281931381232,1451,8731,513808
Assets406,63612,153345,996318,454257,634231,828176,464145,737
Accounts Payable243610245226290140155165
Long-Term Debt68,600
Liabilities61,33560,62762,12962,05194,66878,758
Stockholders' Equity
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A21,16819,47321,64418,97017,55418,69217,13116,871
Tax0000000
Net Income110,597-39,362-35,525-5,149-59,524-22,262-88,572-15,629
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-17,727-16,525-21,221-20,189-17,749-18,661-20,805-26,035
Cash Investing-52,5753,11690,25816,956-56,98920,061-10,12732,103
Cash Financing-29,930-3,7494,252-24,188-4,321-5,84429,625-24,952