← GENCOR INDUSTRIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $7.0m | $8.4m | $12.6m | $10.2m | $5.5m | $5.8m | $372k | $14.7m | $14.6m | $15.7m | — | |
| Depreciation, Depletion and Amortization | $1.4m | $1.1m | $1.4m | $1.6m | $1.6m | $2.6m | $2.8m | $2.8m | $2.6m | $2.4m | $2.2m | |
| Deferred Income Tax Expense (Benefit) | $1.6m | $1.3m | $757k | $183k | ($2.6m) | ($352k) | ($3.3m) | ($320k) | $1.1m | ($553k) | ($773k) | |
| Deferred income taxes | $1.6m | $1.3m | $757k | $732k | ($2.6m) | ($451k) | ($3.3m) | ($274k) | ($81k) | ($1.2m) | ($773k) | |
| Share-based Payment Arrangement, Noncash Expense | $37k | $71k | $71k | $71k | $71k | — | — | — | — | — | — | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | ($4.3m) | $3.6m | $1.8m | — | |
| Nonoperating Income (Expense) | $1.6m | $1.9m | $1.2m | $3.4m | $1.1m | $5.9m | ($5.9m) | $5.4m | $7.0m | $6.2m | — | |
| Other Nonoperating Income (Expense) | $2k | ($5k) | $2k | — | ($16k) | $0 | ($156k) | $0 | ($13k) | $8k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $341k | $189k | $19k | $785k | $439k | $680k | $568k | ($239k) | ($487k) | $1.2m | ($2.0m) | |
| Accounts receivable | ($341k) | ($189k) | ($19k) | ($785k) | ($439k) | ($680k) | ($568k) | $239k | $487k | ($1.2m) | ($2.0m) | |
| Increase (Decrease) in Inventories | ($1.1m) | $5.1m | $1.5m | $3.5m | $1.7m | $4.4m | $13.9m | $15.7m | ($7.8m) | ($10.3m) | $4.0m | |
| Inventory Write-down | — | $120k | $315k | ($147k) | ($484k) | ($575k) | ($171k) | ($526k) | ($316k) | ($426k) | — | |
| Inventories | $1.1m | ($5.1m) | ($1.5m) | ($3.5m) | ($1.7m) | ($4.4m) | ($13.9m) | ($15.7m) | $7.8m | $10.3m | $4.0m | |
| Increase (Decrease) in Accounts Payable | ($86k) | ($123k) | $518k | $69k | ($179k) | $1.4m | $1.1m | ($982k) | ($1.3m) | ($159k) | $1.3m | |
| Accrued expenses and other | — | — | — | — | — | $139k | ($758k) | $1.9m | ($498k) | ($514k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $7.0m |
$6.1m
-12.66%
|
($12.0m)
-296.41%
|
$4.2m
+134.70%
|
$26.8m
+543.14%
|
$3.8m
-85.73%
|
($9.1m)
-339.14%
|
$10.2m
+211.61%
|
$9.3m
-8.88%
|
$3.1m
-66.98%
|
($6.2m)
-300.49%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($65k) | ($7k) | ($3k) | ($4k) | — | — | — | ($157k) | ($12k) | $0 | $12k | |
| Capital expenditures | ($306k) | ($1.6m) | ($3.5m) | ($2.1m) | ($1.6m) | ($2.7m) | ($4.5m) | ($2.7m) | ($840k) | ($2.0m) | ($2.7m) | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | — | — | — | ($4.3m) | $2.4m | $1.3m | — | |
| Unrealized gain on marketable securities | — | — | — | — | — | — | — | ($4.3m) | ($2.4m) | ($1.3m) | — | |
| Marketable securities | — | — | — | — | — | — | — | $9.4m | ($3.3m) | ($18.5m) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $13.8m | — | — | — | — | — | |
| Cash used in investing activities | — | ($1.6m) | ($3.5m) | ($2.1m) | ($1.6m) | ($16.4m) | ($4.5m) | ($2.7m) | ($840k) | ($2.0m) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($1.6m) | ($3.5m) | ($2.1m) | ($1.6m) | ($16.4m) | ($4.5m) | ($2.7m) | ($840k) | ($2.0m) | ($2.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing Activities | — | — | $626k |
$231k
-63.10%
|
$103k
-55.41%
|
$264k
+156.31%
|
— | — | — | — | $103k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($14.9m) | $2.3m | $25.3m | ($12.4m) | ($13.7m) | $7.5m | $8.5m | $1.1m | $43.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $8.0m | $10.3m | $35.6m | $23.2m | $9.6m | $17.0m | $25.5m | $26.6m | $43.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Income Tax Expense (Benefit) | $2.4m | $3.8m | $2.3m | $2.6m | $1.1m | $829k | ($1.3m) | $4.1m | $6.2m | $4.5m | — | |
| Operating Expenses | — | $10.9m | $12.9m | $12.9m | $13.4m | $17.5m | $16.4m | $15.6m | $17.6m | $17.7m | — | |
| Operating Lease, Expense | — | — | — | — | $28k | $440k | $425k | $429k | $432k | $449k | — | |
| Proceeds from Stock Options Exercised | $380k | $223k | $626k | $231k | $103k | $264k | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $98.6m | $81.3m | $77.4m | $85.3m | $103.5m | $105.1m | $113.2m | $115.4m | — | |
| Unrecognized tax benefits | — | — | — | — | — | — | — | $45k | $1.2m | $607k | — | |
| Provision for credit losses | $105k | $115k | $210k | $175k | $50k | $50k | $194k | $290k | $0 | $50k | — | |
| Loss on disposal of assets | $65k | $7k | $3k | $4k | — | — | — | $157k | $12k | $0 | — | |
| Contract assets | — | — | — | — | — | — | — | $610k | ($7.8m) | ($2.9m) | — | |
| Prepaid expenses | ($781k) | ($62k) | ($244k) | $849k | ($690k) | ($1.0m) | ($467k) | $500k | ($183k) | $953k | — | |
| Customer deposits | $66k | $4.1m | ($4.1m) | ($2.6m) | $1.9m | $1.4m | $620k | $951k | ($1.8m) | ($1.1m) | — | |
| Total adjustments | ($50k) | ($2.3m) | ($9.6m) | ($6.0m) | $21.2m | ($2.0m) | ($8.8m) | ($4.5m) | ($5.3m) | ($12.6m) | — | |
| Net increase in cash and cash equivalents | — | $4.7m | ($14.9m) | $2.3m | $25.3m | ($12.4m) | ($13.7m) | $7.5m | $8.5m | $1.1m | — | |
| Beginning of year | $11.2m | $18.2m | $8.0m | $10.3m | $35.6m | $23.2m | $9.6m | $17.0m | $25.5m | $26.6m | — | |
| Right-of-use assets obtained in exchange for operating lease liabilities | — | — | — | — | — | — | — | $352k | $361k | $370k | — |