Will This ETF Beat the Market Over the Next 12 Months?
2024 was another banner year for the US stock market,…
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Revenue | $66.7M | $78M | $85.7M | $93M | $80.6M | |
Revenue Growth (YoY) | 6.17% | 16.9% | 9.92% | 8.58% | -13.32% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $18.8M | $21.1M | $22M | $24.4M | $23.9M | |
Other Inc / (Exp) | $224K | $1.2M | $23K | $7K | -- | |
Operating Expenses | $18.9M | $20.9M | $22M | $24.5M | $23.9M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $30.3M | $32.3M | $43.9M | $47.4M | $35.7M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $4.7M | $5.1M | $7.6M | $8.4M | $6.2M | |
Net Income to Company | $25.5M | $27.1M | $36.3M | $39M | $29.5M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $25.5M | $27.1M | $36.3M | $39M | $29.5M | |
Basic EPS (Cont. Ops) | $2.36 | $2.50 | $3.33 | $3.56 | $2.68 | |
Diluted EPS (Cont. Ops) | $2.34 | $2.48 | $3.30 | $3.53 | $2.66 | |
Weighted Average Basic Share | $10.8M | $10.9M | $10.9M | $10.9M | $11M | |
Weighted Average Diluted Share | $10.9M | $10.9M | $11M | $11M | $11.1M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $56.4M | $49.5M | $54.7M | $64.3M | $98.7M | |
Revenue (Reported) | $66.7M | $78M | $85.7M | $93M | $80.6M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $56.4M | $49.5M | $54.7M | $64.3M | $98.7M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $19.6M | $21.4M | $24.1M | $19.8M | $20.5M | |
Revenue Growth (YoY) | 16.66% | 9.39% | 12.59% | -17.58% | 3.42% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $5.2M | $5.6M | $6.1M | $6.1M | $6.8M | |
Other Inc / (Exp) | -- | -$142K | $6K | -- | -- | |
Operating Expenses | $5.2M | $5.7M | $6.1M | $6.1M | $6.8M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $8.5M | $10.9M | $12.3M | $9M | $9.2M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $1.4M | $1.9M | $2.2M | $1.6M | $1.6M | |
Net Income to Company | $7.1M | $9M | $10.1M | $7.5M | $7.6M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $7.1M | $9M | $10.1M | $7.5M | $7.6M | |
Basic EPS (Cont. Ops) | $0.65 | $0.83 | $0.92 | $0.68 | $0.69 | |
Diluted EPS (Cont. Ops) | $0.65 | $0.82 | $0.91 | $0.67 | $0.68 | |
Weighted Average Basic Share | $10.9M | $10.9M | $10.9M | $11M | $11.1M | |
Weighted Average Diluted Share | $10.9M | $11M | $11M | $11.1M | $11.1M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $12.2M | $13.5M | $16.9M | $26.3M | $31M | |
Revenue (Reported) | $19.6M | $21.4M | $24.1M | $19.8M | $20.5M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $12.2M | $13.5M | $16.9M | $26.3M | $31M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $75.1M | $83.4M | $92.2M | $84M | $78.2M | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $20M | $22.1M | $23.6M | $24.4M | $25.6M | |
Other Inc / (Exp) | $1.4M | -$2K | $8K | -- | -- | |
Operating Expenses | $20M | $22.1M | $23.7M | $24.4M | $25.6M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $31.9M | $40.6M | $47.8M | $38.8M | $32M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $5.1M | $6.9M | $8.5M | $6.7M | $5.6M | |
Net Income to Company | $26.8M | $33.7M | $39.3M | $32M | $26.4M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $26.8M | $33.7M | $39.3M | $32M | $26.4M | |
Basic EPS (Cont. Ops) | $2.48 | $3.10 | $3.59 | $2.92 | $2.41 | |
Diluted EPS (Cont. Ops) | $2.46 | $3.07 | $3.57 | $2.89 | $2.37 | |
Weighted Average Basic Share | ||||||
Weighted Average Diluted Share | ||||||
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $52M | $52.5M | $59.4M | $90.4M | $114.4M | |
Revenue (Reported) | $75.1M | $83.4M | $92.2M | $84M | $78.2M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $52M | $52.5M | $59.4M | $90.4M | $114.4M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $57.8M | $63.2M | $69.7M | $60.7M | $58.3M | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $15.3M | $16.2M | $17.8M | $17.8M | $19.5M | |
Other Inc / (Exp) | $1.2M | $22K | $7K | -- | -- | |
Operating Expenses | $15.3M | $16.3M | $17.9M | $17.9M | $19.6M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $24M | $32.3M | $36.2M | $27.6M | $23.9M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $3.8M | $5.6M | $6.4M | $4.8M | $4.1M | |
Net Income to Company | $20.2M | $26.7M | $29.8M | $22.8M | $19.8M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $20.2M | $26.7M | $29.8M | $22.8M | $19.8M | |
Basic EPS (Cont. Ops) | $1.86 | $2.46 | $2.72 | $2.08 | $1.80 | |
Diluted EPS (Cont. Ops) | $1.85 | $2.43 | $2.70 | $2.06 | $1.77 | |
Weighted Average Basic Share | $32.6M | $32.7M | $32.8M | $32.9M | $33.1M | |
Weighted Average Diluted Share | $32.8M | $33M | $33.1M | $33.2M | $33.4M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $37.8M | $40.8M | $45.5M | $71.6M | $87.4M | |
Revenue (Reported) | $57.8M | $63.2M | $69.7M | $60.7M | $58.3M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $37.8M | $40.8M | $45.5M | $71.6M | $87.4M |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $25.7M | $82.4M | $87.3M | $26.4M | $35.4M | |
Short Term Investments | $360.5M | $313.4M | $320.6M | $284.5M | $282.1M | |
Accounts Receivable, Net | $7.2M | $9.3M | $7.5M | $9.8M | $11.9M | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $393.4M | $405M | $415.4M | $320.8M | $329.4M | |
Property Plant And Equipment | $21.3M | $27.3M | $28.9M | $28.3M | $28.7M | |
Long-Term Investments | $642.1M | $679M | $690.6M | $678.4M | $667.3M | |
Goodwill | $29.8M | $30.6M | $30.6M | $30.6M | $30.6M | |
Other Intangibles | -- | -- | -- | -- | -- | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $2.1B | $2.4B | $2.5B | $2.7B | $2.9B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | $174.9M | $206.9M | -- | $39M | $20.1M | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | $174.9M | $206.9M | $81.3M | $103.4M | $69.7M | |
Long-Term Debt | $10.1M | $55.1M | $55.1M | $84K | -- | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $1.9B | $2.1B | $2.3B | $2.5B | $2.7B | |
Common Stock | $109K | $110K | $110K | $110K | $111K | |
Other Common Equity Adj | $97K | -$4.9M | -- | $544K | $300K | |
Common Equity | $212.5M | $223.7M | $245.7M | $228.9M | $243.1M | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $212.5M | $223.7M | $245.7M | $228.9M | $243.1M | |
Total Liabilities and Equity | $2.1B | $2.4B | $2.5B | $2.7B | $2.9B | |
Cash and Short Terms | $386.3M | $395.7M | $407.9M | $310.9M | $317.5M | |
Total Debt | $185M | $262M | $55.1M | $39.1M | $20.1M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $70.9M | $120.9M | $93.2M | $68.3M | $52.3M | |
Short Term Investments | $340.1M | $309.2M | $283.3M | $285M | $285M | |
Accounts Receivable, Net | $10.2M | $8.4M | $8.2M | $12M | $14.6M | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $421.2M | $438.5M | $384.6M | $365.3M | $352M | |
Property Plant And Equipment | $27.1M | $29.1M | $28.5M | $28.9M | $27.4M | |
Long-Term Investments | $672.1M | $684.9M | $665.2M | $672.3M | $662.7M | |
Goodwill | $29.8M | $30.6M | $30.6M | $30.6M | $30.6M | |
Other Intangibles | $2M | $2.6M | -- | -- | -- | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $2.3B | $2.5B | $2.7B | $2.9B | $3.1B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | $228.7M | $178.1M | $118.3M | $83M | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | $228.7M | $178.1M | $118.3M | $83M | $56M | |
Long-Term Debt | $55.1M | $55.1M | $85K | -- | $95M | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $2.1B | $2.3B | $2.5B | $2.7B | $2.9B | |
Common Stock | $109K | $110K | $110K | $111K | $111K | |
Other Common Equity Adj | -$5.8M | -$1.5M | $500K | $1.4M | -$136K | |
Common Equity | -- | -- | -- | -- | -- | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $219.4M | $238.7M | $219.9M | $226.7M | $256.8M | |
Total Liabilities and Equity | $2.3B | $2.5B | $2.7B | $2.9B | $3.1B | |
Cash and Short Terms | $411M | $430.1M | $376.5M | $353.2M | $337.4M | |
Total Debt | $283.8M | $233.2M | $118.3M | $83M | $95M |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $25.5M | $27.1M | $36.3M | $39M | $29.5M | |
Depreciation & Amoritzation | $1.9M | $2.2M | $2M | $2M | $2.1M | |
Stock-Based Compensation | $565K | $652K | $856K | $809K | $820K | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $26.1M | $22.7M | $56.7M | $41.2M | $36.9M | |
Capital Expenditures | $1.6M | $2.5M | $3.8M | $1.4M | $2.6M | |
Cash Acquisitions | -- | -$6.1M | -- | -- | -- | |
Cash From Investing | -$116.3M | -$250.1M | -$201.7M | -$247.6M | -$199.8M | |
Dividends Paid (Ex Special Dividend) | -$13M | -$13.3M | -$13.9M | -$14.8M | -$15.4M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | -- | $55M | -- | -- | -- | |
Long-Term Debt Repaid | -$25.4M | -$10M | -$7K | -$55M | -$84K | |
Repurchase of Common Stock | -$183K | -$156K | -$253K | -$277K | -$250K | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $85.5M | $239.2M | $139.5M | $208.5M | $172.1M | |
Beginning Cash (CF) | $19.1M | $14.4M | $26.2M | $20.6M | $22.7M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | -$4.7M | $11.8M | -$5.6M | $2.1M | $9.2M | |
Ending Cash (CF) | $14.4M | $26.2M | $20.6M | $22.7M | $31.9M | |
Levered Free Cash Flow | $24.5M | $20.2M | $52.9M | $39.8M | $34.3M |
Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $7M | $9.5M | $9.2M | $6.7M | -- | |
Depreciation & Amoritzation | $551K | $499K | $489K | $544K | -- | |
Stock-Based Compensation | $170K | $184K | $199K | $213K | -- | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $1.6M | $11.5M | $8.8M | $10.7M | -- | |
Capital Expenditures | -$4.9M | $345K | $239K | $382K | -- | |
Cash Acquisitions | -- | -- | -- | -- | -- | |
Cash From Investing | -$35.5M | -$7.8M | -$4M | $8.6M | -- | |
Dividends Paid (Ex Special Dividend) | -$3.4M | -$3.5M | -$3.8M | -$3.9M | -- | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | -- | -- | -- | -- | -- | |
Long-Term Debt Repaid | -$2K | -$1K | -$2K | $20.4M | -- | |
Repurchase of Common Stock | $1K | -- | -$1K | -$2K | -- | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $37.3M | -$10.1M | -$9.5M | -$17.3M | -- | |
Beginning Cash (CF) | $22.7M | $27.1M | $27.4M | $29.9M | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $3.5M | -$6.5M | -$4.7M | $2M | -- | |
Ending Cash (CF) | $26.2M | $20.6M | $22.7M | $31.9M | -- | |
Levered Free Cash Flow | $6.6M | $11.1M | $8.5M | $10.3M | -- |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $26.8M | $33.7M | $39.3M | $32M | $26.4M | |
Depreciation & Amoritzation | $2.2M | $2.1M | $2M | $2.1M | $2.2M | |
Stock-Based Compensation | $679K | $842K | $794K | $806K | $893K | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $32.7M | $46.9M | $43.9M | $35M | $25.4M | |
Capital Expenditures | $8.1M | -$1.5M | $1.5M | $2.5M | $878K | |
Cash Acquisitions | -- | -- | -- | -- | -- | |
Cash From Investing | -$260.6M | -$229.4M | -$251.4M | -$212.4M | -$175.8M | |
Dividends Paid (Ex Special Dividend) | -$13.3M | -$13.8M | -$14.5M | -$15.3M | -$15.8M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $55M | -- | -- | -- | -- | |
Long-Term Debt Repaid | -$6.5M | -$8K | -$55M | -$20.5M | $6.8M | |
Repurchase of Common Stock | -$244K | -$252K | -$276K | -$249K | -$214K | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $229.2M | $186.9M | $207.8M | $179.9M | $155.6M | |
Beginning Cash (CF) | -- | -- | -- | -- | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $1.3M | $4.4M | $282K | $2.5M | $5.2M | |
Ending Cash (CF) | -- | -- | -- | -- | -- | |
Levered Free Cash Flow | $24.6M | $48.4M | $42.4M | $32.5M | $24.5M |
Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $27.1M | $36.3M | $39M | $29.5M | $19.8M | |
Depreciation & Amoritzation | $2.2M | $2M | $2M | $2.1M | $1.7M | |
Stock-Based Compensation | $652K | $856K | $809K | $820K | $680K | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $22.7M | $56.7M | $41.2M | $36.9M | $14.6M | |
Capital Expenditures | $2.5M | $3.8M | $1.4M | $2.6M | $496K | |
Cash Acquisitions | -- | -- | -- | -- | -- | |
Cash From Investing | -$250.1M | -$201.7M | -$247.6M | -$199.8M | -$184.4M | |
Dividends Paid (Ex Special Dividend) | -$13.3M | -$13.9M | -$14.8M | -$15.4M | -$11.9M | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $55M | -- | -- | -- | $95M | |
Long-Term Debt Repaid | -$10M | -$7K | -$55M | -$84K | -$13.6M | |
Repurchase of Common Stock | -$156K | -$253K | -$277K | -$250K | -$212K | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $239.2M | $139.5M | $208.5M | $172.1M | $172.9M | |
Beginning Cash (CF) | $80.4M | $100.5M | $93.5M | $105.2M | $83.6M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $11.8M | -$5.6M | $2.1M | $9.2M | $3.2M | |
Ending Cash (CF) | $92.2M | $94.9M | $95.6M | $114.4M | $86.8M | |
Levered Free Cash Flow | $20.2M | $52.9M | $39.8M | $34.3M | $14.1M |
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