Omega Flex, Inc. (OFLX)

Omega Flex Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	102.86	111.47	125.49	130.01	105.8	111.36
Revenue Growth (YoY)	-9.88%	-11.17%	-3.48%	22.89%	-5.00%	2.81%
Cost of Revenue	40.2	43.1	47.18	48.48	39.25	40.87
Gross Profit	62.66	68.37	78.31	81.53	66.55	70.49
Selling, General & Admin	36.75	38.7	42.56	41.86	35.7	43.85
Research & Development	3.99	3.87	4.73	4.61	4.2	4.72
Operating Expenses	40.74	42.57	47.29	46.47	39.9	48.57
Operating Income	21.92	25.8	31.02	35.06	26.65	21.92
Interest Expense	-	-	-	-	-0.04	-
Interest & Investment Income	2.26	1.7	0.17	0.04	-	0.88
Currency Exchange Gain (Loss)	-0.01	0.05	-0.21	0.02	-0.05	0.06
Pretax Income	24.18	27.55	30.98	35.12	26.56	22.85
Income Tax Expense	6.05	6.83	7.33	8.86	6.59	5.43
Earnings From Continuing Operations	18.13	20.72	23.65	26.26	19.97	17.43
Minority Interest in Earnings	0.1	0.04	-0.03	-0.06	-0.06	-0.14
Net Income	18.22	20.76	23.62	26.2	19.91	17.29
Net Income to Common	18.22	20.76	23.62	26.2	19.91	17.29
Net Income Growth	-17.38%	-12.10%	-9.82%	31.57%	15.18%	-14.17%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-	-	-	-	0.01%	0.01%
EPS (Basic)	1.81	2.06	2.34	2.60	1.97	1.71
EPS (Diluted)	1.81	2.06	2.34	2.60	1.97	1.71
EPS Growth	-17.38%	-12.10%	-9.82%	31.57%	15.17%	-14.18%
Free Cash Flow	21.39	21.78	14.3	24.18	18.75	14.82
Free Cash Flow Per Share	2.12	2.16	1.42	2.40	1.86	1.47
Dividend Per Share	1.340	1.310	1.260	1.180	1.120	1.080
Dividend Growth	3.08%	3.97%	6.78%	5.36%	3.70%	14.89%
Gross Margin	60.92%	61.33%	62.40%	62.71%	62.90%	63.30%
Operating Margin	21.31%	23.15%	24.72%	26.97%	25.19%	19.69%
Profit Margin	17.71%	18.63%	18.82%	20.15%	18.82%	15.52%
Free Cash Flow Margin	20.80%	19.54%	11.40%	18.60%	17.72%	13.30%
EBITDA	23.11	26.9	32.11	36.08	27.52	22.64
EBITDA Margin	22.46%	24.13%	25.59%	27.75%	26.02%	20.33%
D&A For EBITDA	1.18	1.1	1.1	1.02	0.87	0.72
EBIT	21.92	25.8	31.02	35.06	26.65	21.92
EBIT Margin	21.31%	23.15%	24.72%	26.97%	25.19%	19.69%
Effective Tax Rate	25.03%	24.78%	23.65%	25.23%	24.83%	23.76%
Advertising Expenses	-	0.91	0.98	0.88	0.69	1.06

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