10-K

A 10-K is a detailed report filed by a publicly traded company annually about its financial performance and is required by the US Securities and Exchange Commission (SEC). This report is more comprehensive and detailed than a company’s annual report sent to shareholders. A 10-K contains information such as the company’s history, organisational structure, financial statements, earnings per share, subsidiaries, executive compensation, and other essential data. The 10-K is required to keep the investors aware of a company’s financial condition, allowing them to have all the information to buy or sell shares in a corporation or before investing in its corporate bonds.