Login

Stonemor Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Aug 12, 2022. Its latest SEC filing is a 15-12G from Nov 14, 2022.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Sells cemetery burial rights, merchandise and services to families, and provides funeral-home merchandise and services to families.

How Did They Make Money?

Families buy cemetery and funeral products and services at need or beforehand, often through installments; StoneMor also earns trust investment income and interest on installment contracts. Advance payments may precede delivery; burial rights are earned when property is available, and goods and services when delivered or performed.

FY2021 revenue

Who Were Their Customers?

Families buy cemetery and funeral-home goods and services either before a death or when services are needed. Funeral homes primarily serve at-need needs, while cemetery products are sold both in advance and at need.

Did Revenues Turn Into Profits?

No. It lost $55.3M in FY2021.

Operating income, FY2021
1% of revenue
▲ +13% vs FY2020 ($3.3M, 1%)
Net income, FY2021
−17% of revenue
▲ +561% (Loss) vs FY2020 (−$8.4M, −3%)

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q2 FY2022, the three months to Jun 30, 2022
Revenue
▼ −4%
vs $83M in Q2 FY2021
Net income
▼ −51% (Loss)
vs −$35.4M in Q2 FY2021
  • Nov 3, 2022 Axar completed its merger and took StoneMor private StoneMor became an indirectly wholly owned Axar subsidiary, and its shares were set to leave the New York Stock Exchange.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support