The company has not filed an annual or quarterly report since its Q3 FY2020 10-Q, filed Nov 4, 2020. Its latest SEC filing is a SC 13G/A from Feb 11, 2021.
10-Q for Q3 FY2020, filed Nov 4, 2020
The sections below describe the company as of the FY2019 annual report.
Builds electrical infrastructure for utility and industrial customers, and develops residential properties for home buyers in Central Florida.
10-K for FY2019, filed Mar 11, 2020The Goldfield Corporation, incorporated in Wyoming in 1906 and subsequently reincorporated in Delaware in 1968, is engaged in both the…View ↗
Through our subsidiaries, Power Corporation of America (“PCA”), Southeast Power Corporation (“Southeast Power”), C&C and Precision…View ↗
Our electrical construction business includes the construction of transmission lines, distribution systems, substations, drilled pier…View ↗
Through our subsidiary Bayswater Development Corporation and its various subsidiaries (“Bayswater”) we are engaged in the acquisition…View ↗
Our customers generally are pre-retirement, retirement or second home buyers seeking higher quality, low maintenance residences.View ↗
Utility and industrial customers pay for electrical construction work as the company performs it; home buyers pay for residential properties at closing.
10-K for FY2019, filed Mar 11, 2020
$180.6M
10-K for FY2019, filed Mar 11, 2020
$180.6M ↗
Utilities and industrial customers contract for electrical infrastructure work through competitive bids, negotiated deals or master service agreements. Home buyers seek single-family homes, townhomes or condominiums.
10-K for FY2019, filed Mar 11, 2020Through our subsidiaries, Power Corporation of America (“PCA”), Southeast Power Corporation (“Southeast Power”), C&C and Precision…View ↗
We enter into contracts on the basis of either competitive bidding, direct negotiations or pursuant to master service agreements (“MSAs”).…View ↗
When we use either of the terms “homes” or “units,” we mean our residential properties, which include detached single-family homes…View ↗
Our customers generally are pre-retirement, retirement or second home buyers seeking higher quality, low maintenance residences.View ↗
Yes. It kept 4 cents of every revenue dollar as net income in FY2019 and turned 5 cents into free cash flow.
10-K for FY2019, filed Mar 11, 2020
10-K for FY2019, filed Mar 11, 2020
$11.2MView ↗
10-K for FY2019, filed Mar 11, 2020
$6.7MView ↗
10-K for FY2019, filed Mar 11, 2020
$8.5MView ↗
8-K, filed Dec 30, 2020
On December 30, 2020, FR Utility Services, Inc., a Delaware corporation (“FR Utility”), an affiliate of First Reserve Fund XIV, L.P., a…View ↗
8-K, filed Nov 24, 2020
On November 23, 2020, The Goldfield Corporation, a Delaware corporation (“Goldfield” or the “Company”), entered into an Agreement and Plan…View ↗
8-K, filed Aug 26, 2020
On August 26, 2020, John H. Sottile, the President and Chief Executive Officer of The Goldfield Corporation (the “Company”), passed away.…View ↗
Grew. Revenue grew 50% in 4 years, from $120.6M in FY2015 to $180.6M in FY2019, about 11% a year.
Residential development
The latest report describes residential property development alongside electrical construction; the older report described Goldfield primarily as a contractor building electrical infrastructure.
10-K for FY2016, filed Mar 15, 2017 10-K for FY2019, filed Mar 11, 2020The Goldfield Corporation, incorporated in Wyoming in 1906 and subsequently reincorporated in Delaware in 1968, is primarily engaged in the…View ↗
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