Art's-Way Manufacturing Co., Inc. (FRA:ID2)

FRA:ID2 Income Statement

Financials in millions USD. Fiscal year is December - November.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Revenue	22.98	24.5	30.28	25.65	24.97
Revenue Growth (YoY)	-6.22%	-19.09%	18.07%	2.73%	11.41%
Cost of Revenue	16.71	17.19	21.7	18.71	18.37
Gross Profit	6.27	7.31	8.58	6.94	6.6
Selling, General & Admin	5.63	6.42	6.45	5.75	5.57
Research & Development	0.34	0.43	0.6	0.58	0.51
Operating Expenses	5.98	6.85	7.05	6.33	6.07
Operating Income	0.29	0.46	1.53	0.6	0.52
Interest Expense	-0.37	-0.6	-0.59	-0.4	-0.31
Other Non Operating Income (Expenses)	1.51	0	0.15	0.24	0.06
EBT Excluding Unusual Items	1.44	-0.14	1.09	0.44	0.27
Pretax Income	1.44	-0.14	1.09	0.44	0.27
Income Tax Expense	0.4	-0.04	0.33	0.07	0.05
Earnings From Continuing Operations	1.03	-0.09	0.76	0.37	0.21
Earnings From Discontinued Operations	-	0.4	-0.5	-0.28	-
Net Income	1.03	0.31	0.27	0.1	0.21
Net Income to Common	1.03	0.31	0.27	0.1	0.21
Net Income Growth	236.69%	15.14%	172.98%	-54.01%	-
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
Shares Change (YoY)	0.78%	1.00%	6.26%	4.26%	2.76%
EPS (Basic)	0.20	0.06	0.05	0.02	0.05
EPS (Diluted)	0.20	0.06	0.05	0.02	0.05
EPS Growth	235.92%	17.02%	144.91%	-55.88%	-
Free Cash Flow	-1.53	1.9	-0.9	-0.72	-1.61
Free Cash Flow Per Share	-0.30	0.38	-0.18	-0.15	-0.36
Gross Margin	27.28%	29.84%	28.35%	27.05%	26.42%
Operating Margin	1.26%	1.88%	5.06%	2.36%	2.10%
Profit Margin	4.50%	1.26%	0.88%	0.38%	0.85%
Free Cash Flow Margin	-6.67%	7.76%	-2.96%	-2.80%	-6.43%
EBITDA	1.08	1.33	2.31	1.27	1.14
EBITDA Margin	4.71%	5.42%	7.61%	4.93%	4.55%
D&A For EBITDA	0.79	0.87	0.77	0.66	0.61
EBIT	0.29	0.46	1.53	0.6	0.52
EBIT Margin	1.26%	1.88%	5.06%	2.36%	2.10%
Effective Tax Rate	27.99%	-	29.94%	15.15%	20.33%
Advertising Expenses	0.1	0.15	0.23	0.19	0.16

Source: S&P Global Market Intelligence. Standard template. Financial Sources.