$ACU
ACME UNITED CORP

2020 Q2 Form 10-Q Financial Statement

#000156459020038456 Filed on August 07, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $44.04M $40.22M
YoY Change 9.5% 1.18%
Cost Of Revenue $27.99M $25.45M
YoY Change 9.98% 1.64%
Gross Profit $16.05M $14.77M
YoY Change 8.68% 0.4%
Gross Profit Margin 36.45% 36.73%
Selling, General & Admin $11.67M $11.00M
YoY Change 6.06% -0.78%
% of Gross Profit 72.7% 74.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $887.0K $863.0K
YoY Change 2.78% 12.08%
% of Gross Profit 5.53% 5.84%
Operating Expenses $11.67M $11.00M
YoY Change 6.06% -0.78%
Operating Profit $4.383M $3.768M
YoY Change 16.32% 4.03%
Interest Expense -$234.0K -$491.0K
YoY Change -52.34% 9.11%
% of Operating Profit -5.34% -13.03%
Other Income/Expense, Net $1.000K -$14.00K
YoY Change -107.14% -80.0%
Pretax Income $4.150M $3.263M
YoY Change 27.18% 4.92%
Income Tax $951.0K $592.0K
% Of Pretax Income 22.92% 18.14%
Net Earnings $3.199M $2.671M
YoY Change 19.77% 9.65%
Net Earnings / Revenue 7.26% 6.64%
Basic Earnings Per Share $0.96 $0.80
Diluted Earnings Per Share $0.92 $0.77
COMMON SHARES
Basic Shares Outstanding 3.349M
Diluted Shares Outstanding 3.481M

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.239M $1.924M
YoY Change 172.3% 1.26%
Cash & Equivalents $5.239M $1.924M
Short-Term Investments
Other Short-Term Assets $2.438M $2.085M
YoY Change 16.93% -16.6%
Inventory $44.31M $39.62M
Prepaid Expenses
Receivables $33.72M $35.46M
Other Receivables $0.00 $0.00
Total Short-Term Assets $85.71M $79.09M
YoY Change 8.37% -2.84%
LONG-TERM ASSETS
Property, Plant & Equipment $16.72M $16.62M
YoY Change 0.55% 13.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $41.00K $202.0K
YoY Change -79.7% -66.33%
Total Long-Term Assets $37.83M $37.94M
YoY Change -0.31% 2.0%
TOTAL ASSETS
Total Short-Term Assets $85.71M $79.09M
Total Long-Term Assets $37.83M $37.94M
Total Assets $123.5M $117.0M
YoY Change 5.56% -1.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.733M $9.931M
YoY Change -12.06% -23.61%
Accrued Expenses $11.61M $7.852M
YoY Change 47.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $267.0K $267.0K
YoY Change 0.0%
Total Short-Term Liabilities $20.61M $18.05M
YoY Change 14.2% 2.56%
LONG-TERM LIABILITIES
Long-Term Debt $42.29M $42.70M
YoY Change -0.95% -10.86%
Other Long-Term Liabilities $1.622M $1.479M
YoY Change 9.67% 84.88%
Total Long-Term Liabilities $43.92M $44.18M
YoY Change -0.59% -9.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.61M $18.05M
Total Long-Term Liabilities $43.92M $44.18M
Total Liabilities $64.53M $62.23M
YoY Change 3.7% -6.28%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $59.01M $54.80M
YoY Change
Total Liabilities & Shareholders Equity $123.5M $117.0M
YoY Change 5.56% -1.32%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $3.199M $2.671M
YoY Change 19.77% 9.65%
Depreciation, Depletion And Amortization $887.0K $863.0K
YoY Change 2.78% 12.08%
Cash From Operating Activities -$3.146M $1.567M
YoY Change -300.77% -333.88%
INVESTING ACTIVITIES
Capital Expenditures -$726.0K -$321.0K
YoY Change 126.17% -65.11%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$726.0K -$321.0K
YoY Change 126.17% -65.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.756M -3.121M
YoY Change -252.39% -220.97%
NET CHANGE
Cash From Operating Activities -3.146M 1.567M
Cash From Investing Activities -726.0K -321.0K
Cash From Financing Activities 4.756M -3.121M
Net Change In Cash 884.0K -1.875M
YoY Change -147.15% -289.39%
FREE CASH FLOW
Cash From Operating Activities -$3.146M $1.567M
Capital Expenditures -$726.0K -$321.0K
Free Cash Flow -$2.420M $1.888M
YoY Change -228.18% 655.2%

Facts In Submission

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