Financial Snapshot

Revenue
$63.63M
TTM
Gross Margin
-0.38%
TTM
Net Earnings
$5.831M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
362.96%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Book Value
Cash
Q3 2024
P/E
11.96
Nov 11, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $88.02M $107.4M $89.57M $50.56M $54.30M $50.10M $49.89M $52.14M $56.37M $61.13M $82.93M $92.84M $79.38M $58.02M $75.81M
YoY Change -18.05% 19.92% 77.14% -6.88% 8.37% 0.42% -4.31% -7.51% -7.79% -26.28% -10.68% 16.96% 36.82% -23.47%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $88.02M $107.4M $89.57M $50.56M $54.30M $50.10M $49.89M $52.14M $56.37M $61.13M $82.93M $92.84M $79.38M $58.02M $75.81M
Cost Of Revenue $88.28M $107.5M $89.61M $50.61M $54.34M $50.15M $49.96M $52.24M $56.48M $61.22M $83.02M $92.94M $79.48M $58.11M $75.90M
Gross Profit -$259.0K -$42.00K -$40.00K -$43.00K -$40.00K -$50.00K -$70.00K -$105.0K -$105.0K -$89.00K -$91.00K -$97.00K -$102.0K -$99.00K -$92.00K
Gross Profit Margin -0.29% -0.04% -0.04% -0.09% -0.07% -0.1% -0.14% -0.2% -0.19% -0.15% -0.11% -0.1% -0.13% -0.17% -0.12%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Selling, General & Admin $615.0K $537.0K $485.0K $500.0K $565.0K $535.0K $565.0K $574.0K $620.0K $660.0K
YoY Change 14.53% 10.72% -3.0% -11.5% 5.61% -5.31% -1.57% -7.42% -6.06%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $1.000K $2.000K $1.000K $2.000K $2.000K $2.000K $4.000K $5.000K $3.000K $0.00 $0.00
YoY Change -100.0% -50.0% 100.0% -50.0% 0.0% 0.0% -50.0% -20.0% 66.67%
% of Gross Profit
Operating Expenses $615.0K $537.0K $485.0K $500.0K $565.0K $535.0K $565.0K $574.0K $620.0K $660.0K
YoY Change 14.53% 10.72% -3.0% -11.5% 5.61% -5.31% -1.57% -7.42% -6.06%
Operating Profit $5.210M $6.172M -$525.0K -$543.0K -$605.0K -$585.0K -$635.0K -$679.0K -$725.0K -$749.0K $4.786M $5.638M $5.322M $4.982M $4.930M
YoY Change -15.59% -1275.62% -3.31% -10.25% 3.42% -7.87% -6.48% -6.34% -3.2% -115.65% -15.11% 5.94% 6.82% 1.05%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Interest Expense $6.205M $7.259M $8.555M $6.118M $7.840M $7.006M $9.817M $5.383M $5.258M $5.991M
YoY Change -14.52% -15.15% 39.83% -21.96% 11.9% -28.63% 82.37% 2.38% -12.24%
% of Operating Profit 119.1% 117.61%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Pretax Income $5.331M $6.680M $8.030M $5.575M $7.235M $6.421M $9.182M $4.704M $4.533M $5.242M $5.338M $5.009M
YoY Change -20.19% -16.81% 44.04% -22.94% 12.68% -30.07% 95.2% 3.77% -13.53% 6.57%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $44.00K
% Of Pretax Income 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Net Earnings $5.331M $6.680M $8.030M $5.575M $7.235M $6.421M $9.182M $4.704M $4.533M $5.242M
YoY Change -20.19% -16.81% 44.04% -22.94% 12.68% -30.07% 95.2% 3.77% -13.53%
Net Earnings / Revenue 6.06% 6.22% 8.97% 11.03% 13.33% 12.82% 18.4% 9.02% 8.04% 8.58%
Basic Earnings Per Share $0.43 $0.52 $0.36
Diluted Earnings Per Share $0.34 $0.43 $518.4K $359.9K $467.1K $414.5K $592.8K $303.7K $292.6K $338.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash & Short-Term Investments $6.645M $6.866M $5.885M $6.985M $5.035M $5.161M $6.481M $3.011M $2.492M $2.701M $3.370M $2.920M $2.420M $2.510M $3.610M $2.070M $2.070M
YoY Change -3.22% 16.67% -15.75% 38.73% -2.44% -20.37% 115.24% 20.83% -7.74% -19.85% 15.41% 20.66% -3.59% -30.47% 74.4% 0.0%
Cash & Equivalents $2.097M $2.146M $1.595M $3.547M $3.228M $2.403M $6.261M $2.792M $2.272M $2.483M $3.150M $2.700M $2.200M $2.300M $3.290M $0.00 $0.00
Short-Term Investments $4.548M $4.720M $4.290M $3.438M $1.807M $2.758M $220.0K $219.0K $220.0K $218.0K $220.0K $220.0K $220.0K $220.0K $310.0K $2.070M $2.070M
Other Short-Term Assets $318.0K $308.0K $255.0K $258.0K $275.0K $244.0K $218.0K $342.0K $287.0K $220.0K $10.00K $0.00 $0.00 $0.00
YoY Change 3.25% 20.78% -1.16% -6.18% 12.7% 11.93% -36.26% 19.16% 30.45% 2100.0%
Inventory
Prepaid Expenses
Receivables $0.00 $20.00K $280.0K $280.0K
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $6.963M $7.174M $6.140M $7.243M $5.310M $5.405M $6.699M $3.353M $2.779M $2.921M $3.380M $2.920M $2.420M $2.510M $3.630M $2.350M $2.350M
YoY Change -2.94% 16.84% -15.23% 36.4% -1.76% -19.32% 99.79% 20.65% -4.86% -13.58% 15.75% 20.66% -3.59% -30.85% 54.47% 0.0%
Property, Plant & Equipment $1.000K $3.000K $0.00 $10.00K $10.00K $0.00 $10.00K $10.00K $0.00 $0.00
YoY Change -66.67% -100.0% 0.0% -100.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $19.86M $20.69M $21.81M $18.72M $21.28M $20.64M $19.77M $20.48M $25.83M $31.34M $35.03M $40.07M $44.33M $49.07M $53.65M $59.84M $59.84M
YoY Change -3.98% -5.17% 16.52% -12.03% 3.08% 4.4% -3.47% -20.7% -17.59% -10.52% -12.58% -9.61% -9.66% -8.54% -10.34% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $19.86M $20.69M $21.81M $18.72M $21.28M $20.64M $19.77M $20.49M $25.83M $31.35M $35.04M $40.08M $44.33M $49.08M $53.66M $59.84M $59.84M
YoY Change -3.98% -5.17% 16.52% -12.03% 3.08% 4.4% -3.48% -20.71% -17.59% -10.54% -12.57% -9.59% -9.68% -8.54% -10.33% 0.0%
Total Assets $26.82M $27.86M $27.95M $25.96M $26.59M $26.05M $26.47M $23.84M $28.61M $34.27M $38.42M $43.00M $46.75M $51.59M $57.29M $62.19M $62.19M
YoY Change
Accounts Payable $0.00 $0.00 $1.000K $2.000K $2.000K $1.000K $6.000K $1.000K $23.00K $0.00 $70.00K $20.00K $50.00K $0.00 $380.0K $380.0K
YoY Change -100.0% -50.0% 0.0% 100.0% -83.33% 500.0% -95.65% 250.0% -60.0% -100.0% 0.0%
Accrued Expenses $421.0K $205.0K $204.0K $202.0K $208.0K $212.0K $220.0K $221.0K $229.0K $216.0K $0.00 $10.00K $0.00 $210.0K $110.0K $70.00K $70.00K
YoY Change 105.37% 0.49% 0.99% -2.88% -1.89% -3.64% -0.45% -3.49% 6.02% -100.0% -100.0% 90.91% 57.14% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $421.0K $205.0K $205.0K $204.0K $210.0K $213.0K $226.0K $222.0K $252.0K $216.0K $0.00 $70.00K $30.00K $260.0K $110.0K $450.0K $450.0K
YoY Change 105.37% 0.0% 0.49% -2.86% -1.41% -5.75% 1.8% -11.9% 16.67% -100.0% 133.33% -88.46% 136.36% -75.56% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00 $48.00K $0.00 $180.0K $150.0K $140.0K $130.0K $100.0K $100.0K
YoY Change -100.0% 20.0% 7.14% 7.69% 30.0% 0.0%
Total Long-Term Liabilities $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $48.00K $0.00 $0.00 $180.0K $150.0K $140.0K $130.0K $100.0K $100.0K
YoY Change -100.0% -100.0% 20.0% 7.14% 7.69% 30.0% 0.0%
Total Liabilities $421.0K $205.0K $205.0K $204.0K $210.0K $213.0K $226.0K $222.0K $300.0K $216.0K $0.00 $250.0K $180.0K $400.0K $240.0K $550.0K $550.0K
YoY Change 105.37% 0.0% 0.49% -2.86% -1.41% -5.75% 1.8% -26.0% 38.89% -100.0% 38.89% -55.0% 66.67% -56.36% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $69.71 Million

About Golden Growers Cooperative

Golden Growers Cooperative is an agricultural cooperative association, which engages in the delivery of corn to the corn wet-milling facility. The company is headquartered in West Fargo, North Dakota and currently employs 1 full-time employees. The company went IPO on 2010-05-05. The firm is owned by 1,462 members primarily from Minnesota, North Dakota and South Dakota, all of whom deliver corn to the Company for processing. The Company’s members receive additional value from the corn that they grow through the processing of that corn into value-added products, such as corn sweeteners. The company has a joint venture with American Crystal Sugar Company (American Crystal). American Crystal through, ProGold Limited Liability Company (ProGold), designs and constructs a corn wet-milling facility in Wahpeton, North Dakota to process corn into high fructose corn syrup and related co-products. The Company’s membership in ProGold LLC includes a right and obligation for the Company to deliver corn to the ProGold facility for processing.

Industry: Agricultural Services Peers: ALICO, INC. AppHarvest, Inc. Archer-Daniels-Midland Co CHS INC Global Clean Energy Holdings, Inc. Local Bounti Corporation/DE Limoneira CO