What is a Form 10-K?

A Form 10-K summarizes in detail the companys performance in a report for a five-year period. For public companies (or reporting companies), the report is sent to Securities and Exchange Commission (SEC) as part of the companys on-gong reporting and disclosure requirements. It is more comprehensive than annual report, and bears important information for the new investors of the company.

How is the 10-K Report Used? 

A 10-K report has been imposed as mandatory requirement for the companies by the Federal Government to help investors make informed decisions about their investments in the company. The 10-K includes five sections:

• Overview of company
• Risk factors, present and future
• Last five years financial data including Management Discussion &Analysis
• Supplementary data and audited financial statements
• Signed letters of top tier management for data accuracy assurance

The 10-K report is pubic information available on various resources, including Investor Relations section of the company’s website.