Omega Flex, Inc. (OFLX)

Omega Flex Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	106.69	111.47	125.49	130.01	105.8	111.36
Revenue Growth (YoY)	-14.08%	-11.17%	-3.48%	22.89%	-5.00%	2.81%
Cost of Revenue	41.86	43.1	47.18	48.48	39.25	40.87
Gross Profit	64.84	68.37	78.31	81.53	66.55	70.49
Selling, General & Admin	37.44	38.7	42.56	41.86	35.7	43.85
Research & Development	3.84	3.87	4.73	4.61	4.2	4.72
Operating Expenses	41.29	42.57	47.29	46.47	39.9	48.57
Operating Income	23.55	25.8	31.02	35.06	26.65	21.92
Interest Expense	-	-	-	-	-0.04	-
Interest & Investment Income	1.97	1.7	0.17	0.04	-	0.88
Currency Exchange Gain (Loss)	-0.01	0.05	-0.21	0.02	-0.05	0.06
EBT Excluding Unusual Items	25.5	-	-	-	-	-
Pretax Income	25.5	27.55	30.98	35.12	26.56	22.85
Income Tax Expense	6.32	6.83	7.33	8.86	6.59	5.43
Earnings From Continuing Operations	19.18	20.72	23.65	26.26	19.97	17.43
Minority Interest in Earnings	0.06	0.04	-0.03	-0.06	-0.06	-0.14
Net Income	19.24	20.76	23.62	26.2	19.91	17.29
Net Income to Common	19.24	20.76	23.62	26.2	19.91	17.29
Net Income Growth	-19.54%	-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)	1.91	2.06	2.34	2.60	1.97	1.71
EPS (Diluted)	1.91	2.06	2.34	2.60	1.97	1.71
EPS Growth	-19.54%	-12.10%	-9.82%	31.57%	15.17%	-14.18%
Free Cash Flow	23.01	21.78	14.3	24.18	18.75	14.82
Free Cash Flow Per Share	2.28	2.16	1.42	2.40	1.86	1.47
Dividend Per Share	1.320	1.310	1.260	1.180	1.120	1.080
Dividend Growth	3.13%	3.97%	6.78%	5.36%	3.70%	14.89%
Gross Margin	60.77%	61.33%	62.40%	62.71%	62.90%	63.30%
Operating Margin	22.07%	23.15%	24.72%	26.97%	25.19%	19.69%
Profit Margin	18.03%	18.63%	18.82%	20.15%	18.82%	15.52%
Free Cash Flow Margin	21.56%	19.54%	11.40%	18.60%	17.72%	13.30%
EBITDA	24.67	26.9	32.11	36.08	27.52	22.64
EBITDA Margin	23.13%	24.13%	25.59%	27.75%	26.02%	20.33%
D&A For EBITDA	1.12	1.1	1.1	1.02	0.87	0.72
EBIT	23.55	25.8	31.02	35.06	26.65	21.92
EBIT Margin	22.07%	23.15%	24.72%	26.97%	25.19%	19.69%
Effective Tax Rate	24.79%	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.