Omega Flex, Inc. (OFLX)

Omega Flex Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	101.68	111.47	125.49	130.01	105.8
Revenue Growth (YoY)	-8.78%	-11.17%	-3.48%	22.89%	-5.00%
Cost of Revenue	39.42	43.1	47.18	48.48	39.25
Gross Profit	62.26	68.37	78.31	81.53	66.55
Selling, General & Admin	36.62	38.7	42.56	41.86	35.7
Research & Development	4.07	3.87	4.73	4.61	4.2
Operating Expenses	40.69	42.57	47.29	46.47	39.9
Operating Income	21.57	25.8	31.02	35.06	26.65
Interest Expense	-	-	-	-	-0.04
Interest & Investment Income	2.28	1.7	0.17	0.04	-
Currency Exchange Gain (Loss)	-0.23	0.05	-0.21	0.02	-0.05
Pretax Income	23.62	27.55	30.98	35.12	26.56
Income Tax Expense	5.71	6.83	7.33	8.86	6.59
Earnings From Continuing Operations	17.92	20.72	23.65	26.26	19.97
Minority Interest in Earnings	0.1	0.04	-0.03	-0.06	-0.06
Net Income	18.01	20.76	23.62	26.2	19.91
Net Income to Common	18.01	20.76	23.62	26.2	19.91
Net Income Growth	-13.24%	-12.10%	-9.82%	31.57%	15.18%
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
Shares Change (YoY)	-	-	-	-	0.01%
EPS (Basic)	1.78	2.06	2.34	2.60	1.97
EPS (Diluted)	1.78	2.06	2.34	2.60	1.97
EPS Growth	-13.24%	-12.10%	-9.82%	31.57%	15.17%
Free Cash Flow	18.85	21.78	14.3	24.18	18.75
Free Cash Flow Per Share	1.87	2.16	1.42	2.40	1.86
Dividend Per Share	1.350	1.310	1.260	1.180	1.120
Dividend Growth	3.05%	3.97%	6.78%	5.36%	3.70%
Gross Margin	61.23%	61.33%	62.40%	62.71%	62.90%
Operating Margin	21.21%	23.14%	24.72%	26.97%	25.19%
Profit Margin	17.72%	18.63%	18.82%	20.15%	18.82%
Free Cash Flow Margin	18.54%	19.54%	11.40%	18.60%	17.72%
EBITDA	22.83	26.9	32.11	36.08	27.52
EBITDA Margin	22.45%	24.13%	25.59%	27.75%	26.02%
D&A For EBITDA	1.26	1.1	1.1	1.02	0.87
EBIT	21.57	25.8	31.02	35.06	26.65
EBIT Margin	21.21%	23.14%	24.72%	26.97%	25.19%
Effective Tax Rate	24.16%	24.78%	23.65%	25.24%	24.83%
Advertising Expenses	0.9	0.91	0.98	0.88	0.69

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q