Art's-Way Manufacturing Co., Inc. (ARTW)

ARTW Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Revenue	24.5	30.28	25.65	24.97	22.41
Revenue Growth (YoY)	-19.09%	18.07%	2.73%	11.41%	-2.10%
Cost of Revenue	17.19	21.7	18.71	18.37	20.01
Gross Profit	7.31	8.58	6.94	6.6	2.4
Selling, General & Admin	6.42	6.45	5.75	5.57	5.83
Research & Development	0.43	0.6	0.58	0.51	0.48
Operating Expenses	6.85	7.05	6.33	6.07	6.31
Operating Income	0.46	1.53	0.6	0.52	-3.91
Interest Expense	-0.6	-0.59	-0.4	-0.31	-0.3
Other Non Operating Income (Expenses)	0	0.15	0.24	0.06	1.25
EBT Excluding Unusual Items	-0.14	1.09	0.44	0.27	-2.96
Pretax Income	-0.14	1.09	0.44	0.27	-2.96
Income Tax Expense	-0.04	0.33	0.07	0.05	-0.86
Earnings From Continuing Operations	-0.09	0.76	0.37	0.21	-2.1
Earnings From Discontinued Operations	0.4	-0.5	-0.28	-	-
Net Income	0.31	0.27	0.1	0.21	-2.1
Net Income to Common	0.31	0.27	0.1	0.21	-2.1
Net Income Growth	15.14%	172.98%	-54.01%	-	-
Shares Outstanding (Basic)	5	5	5	5	4
Shares Outstanding (Diluted)	5	5	5	5	4
Shares Change (YoY)	1.00%	6.26%	4.26%	2.76%	2.72%
EPS (Basic)	0.06	0.05	0.02	0.05	-0.48
EPS (Diluted)	0.06	0.05	0.02	0.05	-0.48
EPS Growth	17.02%	144.91%	-55.88%	-	-
Free Cash Flow	1.9	-0.9	-0.72	-1.61	-1.55
Free Cash Flow Per Share	0.38	-0.18	-0.15	-0.36	-0.35
Gross Margin	29.84%	28.35%	27.06%	26.42%	10.71%
Operating Margin	1.88%	5.06%	2.36%	2.10%	-17.45%
Profit Margin	1.25%	0.88%	0.38%	0.85%	-9.39%
Free Cash Flow Margin	7.76%	-2.96%	-2.80%	-6.43%	-6.92%
EBITDA	1.33	2.31	1.27	1.14	-3.09
EBITDA Margin	5.42%	7.61%	4.94%	4.55%	-13.80%
D&A For EBITDA	0.87	0.77	0.66	0.61	0.82
EBIT	0.46	1.53	0.6	0.52	-3.91
EBIT Margin	1.88%	5.06%	2.36%	2.10%	-17.45%
Effective Tax Rate	-	29.94%	15.15%	20.33%	-
Advertising Expenses	0.15	0.23	0.19	0.16	0.18

Source: S&P Capital IQ. Standard template. Financial Sources.