Alta Equipment Group Inc. - Understand $altg stock

$ALTG Market Cap: $268 Million

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Financial Snapshot

Revenue

$1.900B

TTM

Gross Margin

26.9%

TTM

Net Earnings

-$54.20M

TTM

Current Assets

$826.4M

Q3 2024

Current Liabilities

$612.3M

Q3 2024

Current Ratio

134.97%

Q3 2024

Total Assets

$1.549B

Q3 2024

Total Liabilities

$1.453B

Q3 2024

Book Value

$95.70M

Q3 2024

Cash

$14.60M

Q3 2024

P/E

-4.945

Nov 29, 2024 EST

Free Cash Flow

$43.30M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$1.877B	$1.572B	$1.213B	$873.6M	$557.4M	$0.00	$0.00	$0.00
YoY Change	19.4%	29.6%	38.83%	56.73%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$1.877B	$1.572B	$1.213B	$873.6M	$557.4M	$0.00	$0.00	$0.00
Cost Of Revenue	$1.370B	$1.152B	$898.4M	$659.1M	$405.3M
Gross Profit	$507.2M	$419.6M	$314.4M	$214.5M	$152.1M
Gross Profit Margin	27.02%	26.7%	25.92%	24.55%	27.29%

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
Selling, General & Admin	$430.3M	$362.3M	$285.9M	$216.0M		$0.00	$0.00	$0.00
YoY Change	18.77%	26.72%	32.36%
% of Gross Profit	84.84%	86.34%	90.94%	100.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$132.6M	$112.0M	$95.80M	$75.00M	$50.10M
YoY Change	18.39%	16.91%	27.73%	49.7%
% of Gross Profit	26.14%	26.69%	30.47%	34.97%	32.94%
Operating Expenses	$452.8M	$378.8M	$296.4M	$222.6M	$140.4M	$0.00	$0.00	$0.00
YoY Change	19.54%	27.8%	33.15%	58.55%
Operating Profit	$54.40M	$40.80M	$18.00M	-$8.100M	$11.70M
YoY Change	33.33%	126.67%	-322.22%	-169.23%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019
Interest Expense	-$57.00M	$31.80M	$24.00M	$23.80M	$20.50M
YoY Change	-279.25%	32.5%	0.84%	16.1%
% of Operating Profit	-104.78%	77.94%	133.33%		175.21%
Other Income/Expense, Net	$5.100M	-$30.20M	-$35.20M	-$22.50M	-$47.10M
YoY Change	-116.89%	-14.2%	56.44%	-52.23%

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
Pretax Income	$2.500M	$10.60M	-$17.20M	-$30.60M	-$35.40M	$0.00	$0.00	$0.00
YoY Change	-76.42%	-161.63%	-43.79%	-13.56%
Income Tax	-$6.400M	$1.300M	$3.600M	-$6.600M	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	-256.0%	12.26%
Net Earnings	$5.900M	$9.300M	-$20.80M	-$24.00M	-$35.40M	$0.00	$0.00	$0.00
YoY Change	-36.56%	-144.71%	-13.33%	-32.2%
Net Earnings / Revenue	0.31%	0.59%	-1.72%	-2.75%	-6.35%
Basic Earnings Per Share	$0.18	$0.20	-$0.74	-$0.90
Diluted Earnings Per Share	$0.18	$0.20	-$0.74	-$0.90	$0.00	$0.00	$0.00	$0.00

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
Cash & Short-Term Investments	$31.00M	$2.700M	$2.300M	$1.200M	$700.0K	$0.00	$0.00	$0.00
YoY Change	1048.15%	17.39%	91.67%	71.43%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$27.00M	$28.10M	$24.40M		$200.0K
YoY Change	-3.91%	15.16%
Inventory	$530.7M	$399.7M	$239.2M	$229.0M
Prepaid Expenses
Receivables	$249.3M	$232.8M	$182.7M	$151.4M
Other Receivables	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$838.0M	$663.3M	$448.6M	$381.6M	$800.0K	$0.00	$0.00	$0.00
YoY Change	26.34%	47.86%	17.56%	47600.0%
Property, Plant & Equipment	$575.7M	$491.4M	$447.1M	$311.9M
YoY Change	17.16%	9.91%	43.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments					$146.0M
YoY Change
Other Assets	$14.20M	$6.000M	$1.600M	$2.100M	$0.00	$200.0K	$0.00	$0.00
YoY Change	136.67%	275.0%	-23.81%		-100.0%
Total Long-Term Assets	$732.9M	$627.3M	$534.0M	$364.6M	$146.0M	$200.0K	$0.00	$0.00
YoY Change	16.83%	17.47%	46.46%	149.73%	72900.0%
Total Assets	$1.571B	$1.291B	$982.6M	$746.2M	$146.8M	$200.0K	$0.00	$0.00
YoY Change
Accounts Payable	$97.00M	$90.80M	$73.50M	$58.90M	$1.600M	$200.0K	$0.00	$0.00
YoY Change	6.83%	23.54%	24.79%	3581.25%	700.0%
Accrued Expenses	$75.60M	$69.90M	$55.50M	$30.10M
YoY Change	8.15%	25.95%	84.39%
Deferred Revenue
YoY Change
Short-Term Debt	$397.3M	$256.8M	$253.2M	$315.1M	$0.00	$100.0K	$0.00	$0.00
YoY Change	54.71%	1.42%	-19.64%		-100.0%
Long-Term Debt Due	$7.700M	$4.200M	$2.600M	$7.800M
YoY Change	83.33%	61.54%	-66.67%
Total Short-Term Liabilities	$635.1M	$471.2M	$420.6M	$434.3M	$2.000M	$200.0K	$0.00	$0.00
YoY Change	34.78%	12.03%	-3.15%	21615.0%	900.0%
Long-Term Debt	$659.3M	$544.1M	$319.0M	$135.6M	$0.00	$0.00	$0.00	$0.00
YoY Change	21.17%	70.56%	135.25%
Other Long-Term Liabilities	$119.1M	$129.1M	$101.4M	$19.40M
YoY Change	-7.75%	27.32%	422.68%
Total Long-Term Liabilities	$778.4M	$673.2M	$420.4M	$155.0M	$0.00	$0.00	$0.00	$0.00
YoY Change	15.63%	60.13%	171.23%
Total Liabilities	$1.421B	$1.151B	$847.9M	$589.3M	$2.000M	$200.0K	$0.00	$0.00
YoY Change	23.5%	35.72%	43.88%	29365.0%	900.0%

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	32.45M	32.10M	31.71M	26.61M
Diluted Shares Outstanding	32.88M	32.30M	31.71M	26.61M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $268.05 Million

About ALTA EQUIPMENT GROUP INC.

Alta Equipment Group, Inc. engages in the operation of equipment dealership platforms. The company is headquartered in Livonia, Michigan and currently employs 3,000 full-time employees. The company went IPO on 2019-04-12. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks, heavy and compact earthmoving equipment, environmental processing equipment, and other material handling and construction equipment. The firm operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is principally engaged in operations related to the sale, service, and rental of lift trucks and other material handling equipment. The Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment. The Master Distribution segment is principally engaged in large-scale equipment distribution rights with sub-dealers throughout North America related to environmental processing equipment.

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