The company has not filed an annual or quarterly report since its Q1 FY2017 10-Q, filed Mar 3, 2017. Its latest SEC filing is a 15-12G from Apr 17, 2017.
10-Q for Q1 FY2017, filed Mar 3, 2017
The sections below describe the company as of the FY2016 annual report.
Makes mining machinery and replacement parts, and provides maintenance and repair services for mining companies operating underground and surface mines.
10-K for FY2016, filed Dec 16, 2016
Mining customers pay for equipment and parts when products are delivered and for repairs and other services when performed. Large equipment contracts generate revenue as manufacturing work progresses; under long-term parts-and-service arrangements, customers are generally billed monthly based on machine hours or production, and revenue is earned as parts are supplied or services performed.
10-K for FY2016, filed Dec 16, 2016
$2.4B
10-K for FY2016, filed Dec 17, 2016
$2.4B ↗
Large global and regional mining companies are its main customers. Joy Global sold directly through a worldwide sales network and also used distribution agreements for some products.
10-K for FY2016, filed Dec 16, 2016CustomersView ↗
Distribution arrangements - Our personnel and distribution centers are strategically located close to customers in major mining centers…View ↗
We have an exclusive distribution and authorized service provider agreement with J.H. Fletcher & Co. that gives us the right to market…View ↗
We also have an OEM Supply Agreement and a Distribution Agreement with Doosan Holdings Europe Limited. Under the OEM Supply Agreement…View ↗
Not on paper. It lost $58.4M in FY2016, but brought in more cash than it spent: $211M of free cash flow.
10-K for FY2016, filed Dec 17, 2016
10-K for FY2016, filed Dec 17, 2016
−$41.4MView ↗
10-K for FY2016, filed Dec 17, 2016
−$58.4MView ↗
10-K for FY2016, filed Dec 17, 2016
$211MView ↗
10-Q for Q1 FY2017, filed Mar 3, 2017
−$277KView ↗
8-K, filed Apr 5, 2017
At the effective time of the Merger (the “Effective Time”), pursuant to the Merger Agreement, each share of common stock, $1.00 par value…View ↗
Shrank. Revenue fell 58% in 4 years, from $5.7B in FY2012 to $2.4B in FY2016, about 20% a year.
Hard-rock product range
The older report describes underground machinery for coal and other bedded materials; the latest report also includes a hard-rock range of breakers, drilling products, loaders and trucks, reflecting additions of MTI and Montabert.
10-K for FY2013, filed Dec 13, 2013 10-K for FY2016, filed Dec 16, 2016We are the world’s largest producer of high productivity underground mining machinery for the extraction of coal and other bedded…View ↗
On June 1, 2015, we completed the acquisition of 100% of the equity of Montabert S.A.S. ("Montabert") for approximately $121.5 million…View ↗
On May 30, 2014, we closed on the purchase of certain assets of Mining Technologies International Inc. ("MTI") for $44.4 million. MTI is a…View ↗
Hard rock mining products – We provide a complete range of hard rock mining products including breakers, drifters, raised boring products…View ↗
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