ARTS WAY MANUFACTURING CO INC Income Statement
ARTW|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
ARTS WAY MANUFACTURING CO INC reported $23M in revenue and $1M in net income for FY2025. Revenue has declined at a 1.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.0M | $24.5M | $25.6M | $25.6M | $22.4M | $22.9M | $19.7M | $20.7M | $21.6M | $26.3M | $36.2M | $34.2M | $36.5M | $27.6M | $29.0M |
| Cost of Revenue | $16.7M | $17.2M | $18.7M | $18.7M | $20.0M | $19.0M | $16.2M | $16.6M | $16.2M | $19.4M | $27.4M | $25.9M | $26.4M | $20.6M | $22.1M |
| Gross Profit | $6.3M | $7.3M | $6.9M | $6.9M | $2.4M | $3.9M | $3.5M | $4.1M | $5.3M | $6.9M | $8.7M | $8.4M | $10.0M | $7.0M | $6.8M |
| SG&A Expense | $4.2M | $4.8M | $3.8M | $3.8M | $4.2M | $3.3M | $3.4M | $3.3M | $3.4M | $3.9M | $4.2M | $3.9M | $3.8M | $2.9M | $2.7M |
| R&D Expense | $228.0K | $216.0K | $193.0K | $193.0K | $199.0K | $149.0K | $178.0K | $183.0K | $140.0K | $162.0K | $191.0K | $174.0K | $125.0K | $125.0K | $417.5K |
| Operating Income | $289.5K | $460.7K | $604.7K | $604.7K | -$3.9M | -$1.5M | -$3.1M | -$1.7M | -$431.4K | -$76.8K | $1.7M | $1.8M | $4.3M | $1.9M | $1.9M |
| Interest Expense | - | - | $404.2K | $404.2K | $304.6K | $358.2K | $304.6K | $319.6K | $248.6K | $302.3K | $351.9K | $296.6K | $413.6K | $428.5K | $423.3K |
| Income Tax | $402.2K | -$41.0K | $66.8K | $66.8K | -$856.5K | -$349.2K | -$510.4K | -$423.8K | -$96.6K | -$200.9K | $367.3K | $654.5K | $1.3M | $332.0K | - |
| Net Income | $1.0M | $307.4K | $97.8K | $97.8K | -$2.1M | -$1.4M | -$3.4M | -$1.6M | -$821.3K | -$557.8K | $935.2K | $1.6M | $2.7M | $1.2M | $1.1M |
| EPS (Basic) | $0.06 | $0.05 | $0.02 | $0.05 | -$0.48 | -$0.33 | -$0.81 | -$0.39 | -$0.20 | -$0.14 | $0.23 | $0.38 | $0.66 | $0.31 | $0.26 |
| EPS (Diluted) | $0.06 | $0.05 | $0.02 | $0.05 | -$0.48 | -$0.33 | -$0.81 | -$0.39 | -$0.20 | -$0.14 | $0.23 | $0.38 | $0.66 | $0.31 | $0.26 |
| Shares Outstanding | 5.1M | 5.0M | 4.7M | 4.5M | 4.4M | 4.3M | 4.2M | 4.2M | 4.1M | 4.1M | 4.0M | 4.0M | 4.0M | 4.0M | 4.0M |
| Gross Margin | 27.3% | 29.8% | 27.1% | 27.1% | 10.7% | 17.2% | 17.8% | 19.7% | 24.7% | 26.3% | 24.1% | 24.4% | 27.5% | 25.4% | 23.5% |
| Operating Margin | 1.3% | 1.9% | 2.4% | 2.4% | -17.4% | -6.5% | -15.7% | -8.3% | -2.0% | -0.3% | 4.6% | 5.3% | 11.9% | 7.0% | 6.6% |
| Profit Margin | 4.5% | 1.3% | 0.4% | 0.4% | -9.4% | -6.2% | -17.2% | -7.9% | -3.8% | -2.1% | 2.6% | 4.5% | 7.3% | 4.5% | 3.6% |