When a company reports it earnings, when does the SEC EDGAR system show the report online?
"IT appears the company you're talking about did not report as you expected them to, which is not unusual for OTC companies because, as Milo stated, they are not well-managed. That being said, reports on EDGAR are available as soon as they're posted.  I'm not aware of any lag between when the company uploads their report and it is available on the EDGAR site. Looking at the profile of the company you're referring to, I'm curious why you'd be so interested in a company with huge negative earnings, a near-zero share price, and an obviously spotty history of reporting its numbers.  In order to make any money with this stock, you'd have to buy a huge number of shares, which could be difficult to unload.  Further, the fees you're going to pay to make your trades are very likely to outstrip your return, so you'd be upside down on it. This company has pretty negative financials, and in a world of cheap oil, alternative energy (and the companies that deal in it) are out of vogue, so they're not likely to see a turnaround anytime soon.  They're spending money on R & D at a rate almost 17 times earnings, and the losses are deepening, while revenues are not improving all that much.  These guys are bleeding to death, and there's little prospect of a financial transfusion on the horizon. This is, as they say, a ""dog with fleas"", so your best bet is to find something else to put your money into. I hope this helps. Good luck!"
For months prior to going public a company has to file financial documents with the SEC. These are available to the public at www.sec.gov on their Edgar database. For instance, Eagleline is listed as potentially IPOing next week. You can find out all the details of any IPO including correspondence between the company and the SEC on Edgar. Here's the link for Eagleline (disclaimer, I have not investigated this company. It is an example only)  https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001675776&owner=exclude&count=40 The most important, complex, and thorough document is the initial registration statement, usually an S-1, and subsequent amendments that occur as a result of new information or SEC questions. You can often get insight into a new public company by looking at the changes that have occurred in amendments since their initial filings. I highly advise people starting out to first look at the filings of companies they work for or know the industry intimately. This will help you to better understand the filings from companies you may not be so familiar with.  A word of caution. Markets and company filings are followed by very large numbers of smart people experienced in each business area so don't assume there is fast and easy money to be made. Still, you will be a bit ahead if you learn to read and understand the filings public companies are required to make. This answer fills in some of the details you are unsure about, since I'm further along than you. I bought the ESPP shares in 2012.  I didn't sell immediately, but in 2015, so I qualify for the long-term capital gains rate. Here's how it was reported: The 15% discount was reported on a W2 as  it was also mentioned twice in the info box (not all of my W2's come with one of these) but also  This showed the sale trade, with my cost basis as the discounted price of $5000. And for interests sake, I also got the following in 2012: WARNING! This means that just going ahead and entering the numbers means you will be taxed twice! once as income and once as capital gains. I only noticed this was happening because I no longer worked for the company, so this W2 only had this one item on it. This is another example of the US tax system baffling me with its blend of obsessive compulsive need for documentation coupled with inexplicably missing information that's critical to sensible accounting. The 1099 documents must (says the IRS since 2015) show the basis value as the award price (your discounted price).   So reading the form 8949: Note: If you checked Box D above but the basis reported to the IRS was   incorrect, enter in column (e) the basis as reported to the IRS, and   enter an adjustment in column (g) to correct the basis. We discover the number is incorrect and must adjust.  The actual value you need to adjust it by may be reported on your 1099, but also may not (I have examples of both). I calculated the required adjustment by looking at the W2, as detailed above. I gleaned this information from the following documents provided by my stock management company (you should the tax resources section of your provider): "Asking why the p/e was so high is best answered ""because reported earnings were so low"". Recall that the S&P500 bottomed in early March 2009 when the panic of the financial crisis reached exhaustion.  As noted on the page you have linked, the reported p/e ratios are computed using reported earnings from the trailing twelve months.  During those twelve months the banks were writing down all of the bad debt associated with the mortgage backed securities that has lost so much value.  This meant that the banks were reporting negative earnings.  Since the financial sector is a large part of the S&P500, this alone had an enormous effect on the index p/e.  However, the problem was compounded by a general collapse in earnings across the economy as consumers reacted to the resulting uncertainty.  The same site reports earnings for the previous years at $17.11 for the S&P500, compared to $76.17 for the year prior to 2008.  That is a collapse of about 78% in earnings.  Although the S&P500 has suffered badly during this time, stock market investors being forward looking were starting to price in improved earnings by May 2009.  Indeed, the S&P500 was up about 33% in just two months, from its low in March2009 to mid May2009.  Thus, by May of 2009 prices were not suffering to the same extent as reported trailing earnings.  This would account for the anomalous p/e value reporting in May2009." "This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-sec-cyber-weaknesses-exclusive/exclusive-u-s-homeland-security-found-sec-had-critical-cyber-weaknesses-in-january-idUSKCN1BW27P) reduced by 78%. (I'm a bot) ***** &gt; WASHINGTON - The U.S. Department of Homeland Security detected five &amp;quot;Critical&amp;quot; cyber security weaknesses on the Securities and Exchange Commission&amp;#039;s computers as of January 23, 2017, according to a confidential weekly report reviewed by Reuters.  &gt; The January DHS report, which shows its weekly findings after scanning computers for cyber weaknesses across most of the federal civilian government agencies, revealed that the SEC at the time had the fourth most &amp;quot;Critical&amp;quot; vulnerabilities.  &gt; For the past several years, the Department of Homeland Security has been producing a report known as the &amp;quot;Federal Cyber Exposure Scorecard.&amp;quot; It provides a weekly snapshot to more than 80 civilian government agencies about potential outstanding cyber weaknesses and how long they have persisted without being patched.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71lgf9/us_homeland_security_found_sec_had_critical_cyber/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~214095 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **vulnerability**^#1 **Critical**^#2 **agency**^#3 **SEC**^#4 **hack**^#5" "For any large company, there's a lot of activity, and if you sell at ""market"" your buy or sell will execute in seconds within a penny or two of the real-time ""market"" price.  I often sell at ""limit"" a few cents above market, and those sell within 20 minutes usually.  For much smaller companies, obviously you are beholden to a buyer also wanting that stock, but those are not on major exchanges.  You never see whose buy order you're selling into, that all happens behind the curtain so to speak." Reading and analyzing financial statements is one of the most important tasks of Equity Analysts which look at a company from a fundamental perspective.  However, analyzing a company and its financial statements is much more than just reading the absolute dollar figures provided in financial statements: You need to calculate financial ratios which can be compared over multiple periods and companies to be able to gauge the development of a company over time and compare it to its competitors. For instance, for an Equity Analyst, the absolute dollar figures of a company's operating profit is less important than the ratio of the operating profit to revenue, which is called the operating margin.  Another very important figure is Free Cash Flow which can be set in relation to sales (= Free Cash Flow / Sales).  The following working capital related metrics can be used as a health check for a company and give you early warning signs when they deviate too much: You can either calculate those metrics yourself using a spreadsheet (e.g. Excel) or use a professional solution, e.g. Bloomberg Professional, Reuters Eikon or WorldCap. You have defined net profit to include all income and, presumably, expenses. Specifically, you are including income from other sources and are including finance costs and tax expense. For the quarter ended June 30, 2015, the net profit, by your definition, is 12.58. This is given on line 9 of the PDF. You ask how you can review this information. You cannot, given only the PDF you linked to. Note that the numbers have not been audited so it is the case that no trusted third party has yet reviewed it and signed off that the information is accurate. You need to track every buy and sell to track your gains, or more likely, losses. Yes, you report each and every transactions. Pages of schedule D.