Kaanapali Land Llc - Understand $kanp stock

$KANP Market Cap: $78.41 Million

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Financial Snapshot

Revenue

$3.150M

TTM

Gross Margin

-2.87%

TTM

Net Earnings

$1.317M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$92.82M

Q2 2024

Total Liabilities

$8.951M

Q2 2024

Book Value

$83.87M

Q2 2024

Cash

$26.00M

Q2 2024

P/E

59.54

Sep 13, 2024 EST

Free Cash Flow

$5.272M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$5.254M	$9.224M	$4.753M	$3.353M	$4.184M	$6.418M	$15.96M	$8.393M	$6.842M	$19.09M
YoY Change	-43.04%	94.07%	41.75%	-19.86%	-34.81%	-59.78%	90.15%	22.67%	-64.16%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$5.254M	$9.224M	$4.753M	$3.353M	$4.184M	$6.418M	$15.96M	$8.393M	$6.842M	$19.09M
Cost Of Revenue	$2.858M	$6.840M	$5.217M	$4.461M	$4.471M	$6.652M	$11.80M	$7.990M	$6.798M	$17.83M
Gross Profit	$2.396M	$2.384M	-$464.0K	-$1.108M	-$287.0K	-$234.0K	$4.162M	$403.0K	$44.00K	$1.262M
Gross Profit Margin	45.6%	25.85%	-9.76%	-33.05%	-6.86%	-3.65%	26.08%	4.8%	0.64%	6.61%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$2.148M	$1.626M	-$777.0K	$4.132M	$4.564M	$3.282M	$3.079M	$3.878M	$2.862M	$2.635M
YoY Change	32.1%	-309.27%	-118.8%	-9.47%	39.06%	6.59%	-20.6%	35.5%	8.61%
% of Gross Profit	89.65%	68.2%					73.98%	962.28%	6504.55%	208.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$198.0K	$243.0K	$269.0K	$218.0K	$201.0K	$237.0K	$200.0K	$248.0K	$200.0K	$195.0K	$230.0K	$290.0K	$280.0K	$300.0K	$280.0K	$490.0K	$1.280M	$1.050M
YoY Change	-18.52%	-9.67%	23.39%	8.46%	-15.19%	18.5%	-19.35%	24.0%	2.56%	-15.22%	-20.69%	3.57%	-6.67%	7.14%	-42.86%	-61.72%	21.9%	0.96%
% of Gross Profit	8.26%	10.19%					4.81%	61.54%	454.55%	15.45%
Operating Expenses	$2.346M	$1.869M	-$508.0K	$4.350M	$4.765M	$3.519M	$3.279M	$4.126M	$3.062M	$2.830M
YoY Change	25.52%	-467.91%	-111.68%	-8.71%	35.41%	7.32%	-20.53%	34.75%	8.2%
Operating Profit	$50.00K	$515.0K	$44.00K	-$5.458M	-$5.052M	-$3.753M	$883.0K	-$3.723M	-$3.018M	-$1.568M
YoY Change	-90.29%	1070.45%	-100.81%	8.04%	34.61%	-525.03%	-123.72%	23.36%	92.47%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$314.0K	$2.479M
YoY Change	-87.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$364.0K	$2.994M	$44.00K	-$5.458M	-$5.052M	-$3.753M	$883.0K	-$24.53M	-$3.018M	-$1.568M
YoY Change	-87.84%	6704.55%	-100.81%	8.04%	34.61%	-525.03%	-103.6%	712.89%	92.47%
Income Tax	-$3.343M	$202.0K	$350.0K	-$959.0K	-$1.182M	-$762.0K	-$1.364M	-$7.748M	$783.0K	-$182.0K
% Of Pretax Income	-918.41%	6.75%	795.45%				-154.47%
Net Earnings	$3.707M	$2.850M	$245.0K	-$3.740M	-$3.627M	-$2.908M	$10.71M	-$16.65M	-$3.522M	-$1.517M
YoY Change	30.07%	1063.27%	-106.55%	3.12%	24.72%	-127.15%	-164.32%	372.77%	132.17%
Net Earnings / Revenue	70.56%	30.9%	5.15%	-111.54%	-86.69%	-45.31%	67.11%	-198.39%	-51.48%	-7.95%
Basic Earnings Per Share	$2.01	$1.55	$0.13	-$2.03
Diluted Earnings Per Share	$2.01	$1.55	$132.8K	-$2.027M	-$1.966M	-$1.576M	$5.805M	-$9.025M	-$1.909M	-$822.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$26.26M	$19.82M	$17.00M	$17.72M	$23.18M	$28.75M	$30.57M	$21.05M	$22.11M	$23.61M	$13.10M	$14.30M	$14.40M	$11.70M	$16.90M	$25.80M	$24.10M	$39.60M
YoY Change	32.53%	16.58%	-4.05%	-23.59%	-19.35%	-5.95%	45.21%	-4.81%	-6.34%	80.21%	-8.39%	-0.69%	23.08%	-30.77%	-34.5%	7.05%	-39.14%
Cash & Equivalents	$26.26M	$19.82M	$17.00M	$17.72M	$23.18M	$28.75M	$30.57M	$21.05M	$22.11M	$23.61M	$13.10M	$14.30M	$14.40M	$11.70M	$16.90M	$25.80M	$24.10M	$39.60M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables													$100.0K	$100.0K	$100.0K	$0.00	$100.0K	$100.0K
Other Receivables													$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$26.26M	$19.82M	$17.00M	$17.72M	$23.18M	$28.75M	$30.57M	$21.05M	$22.11M	$23.61M	$13.10M	$14.30M	$14.50M	$11.80M	$17.00M	$25.80M	$24.20M	$39.70M
YoY Change	32.53%	16.58%	-4.05%	-23.59%	-19.35%	-5.95%	45.21%	-4.81%	-6.34%	80.21%	-8.39%	-1.38%	22.88%	-30.59%	-34.11%	6.61%	-39.04%
Property, Plant & Equipment	$60.20M	$58.99M	$62.09M	$62.66M	$62.20M	$61.76M	$64.28M	$71.17M	$75.21M	$77.98M	$90.80M	$95.50M	$96.40M	$98.00M	$100.0M	$98.40M	$118.5M	$105.2M
YoY Change	2.05%	-5.0%	-0.91%	0.74%	0.71%	-3.93%	-9.68%	-5.38%	-3.54%	-14.12%	-4.92%	-0.93%	-1.63%	-2.0%	1.63%	-16.96%	12.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments												$0.00	$5.000M	$10.00M	$0.00
YoY Change												-100.0%	-50.0%
Other Assets	$5.067M	$19.12M	$20.79M	$18.43M	$16.67M	$14.63M	$14.95M	$14.67M	$19.79M	$21.74M	$25.80M	$16.20M	$15.50M	$23.00M	$23.00M	$9.100M	$33.30M	$29.20M
YoY Change	-73.49%	-8.04%	12.77%	10.55%	13.94%	-2.08%	1.85%	-25.85%	-8.95%	-15.76%	59.26%	4.52%	-32.61%	0.0%	152.75%	-72.67%	14.04%
Total Long-Term Assets	$66.76M	$78.70M	$90.20M	$84.43M	$82.98M	$80.16M	$82.34M	$88.14M	$97.27M	$102.5M	$118.5M	$112.6M	$118.3M	$132.9M	$138.6M	$124.7M	$162.1M	$145.6M
YoY Change	-15.17%	-12.75%	6.83%	1.76%	3.51%	-2.65%	-6.57%	-9.38%	-5.12%	-13.49%	5.24%	-4.82%	-10.99%	-4.11%	11.15%	-23.07%	11.33%
Total Assets	$93.02M	$98.51M	$107.2M	$102.1M	$106.2M	$108.9M	$112.9M	$109.2M	$119.4M	$126.1M	$131.6M	$126.9M	$132.8M	$144.7M	$155.6M	$150.5M	$186.3M	$185.3M
YoY Change
Accounts Payable	$346.0K	$643.0K	$365.0K	$742.0K	$812.0K	$565.0K	$528.0K	$382.0K	$566.0K	$382.0K	$400.0K	$600.0K	$1.400M	$900.0K	$2.000M	$4.700M	$5.100M	$4.500M
YoY Change	-46.19%	76.16%	-50.81%	-8.62%	43.72%	7.01%	38.22%	-32.51%	48.17%	-4.5%	-33.33%	-57.14%	55.56%	-55.0%	-57.45%	-7.84%	13.33%
Accrued Expenses														$0.00	$1.700M	$1.900M	$2.200M	$2.500M
YoY Change														-100.0%	-10.53%	-13.64%	-12.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$346.0K	$643.0K	$365.0K	$742.0K	$812.0K	$565.0K	$528.0K	$382.0K	$566.0K	$2.776M	$1.600M	$600.0K	$1.400M	$900.0K	$3.700M	$6.600M	$7.300M	$7.000M
YoY Change	-46.19%	76.16%	-50.81%	-8.62%	43.72%	7.01%	38.22%	-32.51%	-79.61%	73.5%	166.67%	-57.14%	55.56%	-75.68%	-43.94%	-9.59%	4.29%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$2.983M	$8.545M	$16.70M	$13.79M	$14.24M	$14.63M	$14.89M	$15.21M	$15.98M	$14.90M	$15.50M	$17.20M	$22.60M	$22.30M	$21.90M	$21.70M	$25.10M	$29.10M
YoY Change	-65.09%	-48.82%	21.1%	-3.17%	-2.65%	-1.75%	-2.14%	-4.83%	7.3%	-3.9%	-9.88%	-23.89%	1.35%	1.83%	0.92%	-13.55%	-13.75%
Total Long-Term Liabilities	$2.983M	$8.545M	$16.70M	$13.79M	$14.24M	$14.63M	$14.89M	$15.21M	$15.98M	$14.90M	$15.50M	$17.20M	$22.60M	$22.30M	$21.90M	$21.70M	$25.10M	$29.10M
YoY Change	-65.09%	-48.82%	21.1%	-3.17%	-2.65%	-1.75%	-2.14%	-4.83%	7.3%	-3.9%	-9.88%	-23.89%	1.35%	1.83%	0.92%	-13.55%	-13.75%
Total Liabilities	$9.308M	$18.51M	$27.73M	$24.29M	$25.75M	$26.25M	$27.05M	$33.84M	$36.54M	$38.07M	$39.00M	$36.70M	$42.20M	$42.60M	$48.90M	$46.90M	$63.30M	$64.70M
YoY Change	-49.71%	-33.25%	14.15%	-5.68%	-1.88%	-2.97%	-20.06%	-7.39%	-4.03%	-2.38%	6.27%	-13.03%	-0.94%	-12.88%	4.26%	-25.91%	-2.16%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	1.845M shares	1.845M shares	1.845M shares	1.845M shares
Diluted Shares Outstanding	1.845M shares	1.845M shares	1.845M shares	1.845M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $78.415 Million

About Kaanapali Land LLC

Kaanapali Land LLC engages in the agriculture and property businesses. The company is headquartered in Chicago, Illinois and currently employs 23 full-time employees. The company went IPO on 2004-05-20. The Agriculture segment is primarily engaged in farming, harvesting and milling operations relating to coffee orchards pursuant to farming agreements with the LOA and a related entity. The firm also cultivates, harvests and sells bananas and citrus fruits and engages in certain ranching operations. The Property segment primarily develops land for sale and negotiates bulk sales of undeveloped land. The Property and Agriculture segments operate exclusively in the State of Hawaii. The firm's developable lands are located on the west side of the Island of Maui in the State of Hawaii. The majority of the developable lands are located near to the Kaanapali resort area. Its agricultural operations consist primarily of cultivation, milling and sale of coffee. The firm sells milled green coffee under the brand name Mauigrown Coffee mainly to interisland Hawaii customers.

Industry: Land Subdividers & Developers (No Cemeteries) Peers: Alset Inc AMREP CORP. Stratus Properties Inc Forestar Group Inc Howard Hughes Corp International Land Alliance Inc Maui Land & Pineapple Company Inc