$RMCF
Rocky Mountain Chocolate Factory, Inc.

2021 Q2 Form 10-Q Financial Statement

#000143774921016968 Filed on July 15, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $7.594M $2.702M
YoY Change 180.99% -67.93%
Cost Of Revenue $4.547M $2.883M
YoY Change 57.69% -37.52%
Gross Profit $1.284M -$561.0K
YoY Change -328.8% -130.39%
Gross Profit Margin 16.9% -20.76%
Selling, General & Admin $1.257M $3.654M
YoY Change -65.58% 114.74%
% of Gross Profit 97.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $299.9K $343.1K
YoY Change -12.59% -9.15%
% of Gross Profit 23.37%
Operating Expenses $1.257M $3.654M
YoY Change -65.58% 114.74%
Operating Profit $645.9K -$4.829M
YoY Change -113.38% -610.46%
Interest Expense $23.56K
YoY Change 90.05%
% of Operating Profit
Other Income/Expense, Net $171.7K -$17.76K
YoY Change -1066.64% 700.45%
Pretax Income $817.6K -$4.847M
YoY Change -116.87% -613.54%
Income Tax $237.8K -$1.179M
% Of Pretax Income 29.08%
Net Earnings $579.8K -$3.667M
YoY Change -115.81% -615.37%
Net Earnings / Revenue 7.64% -135.71%
Basic Earnings Per Share $0.09 -$0.61
Diluted Earnings Per Share $0.09 -$0.61
COMMON SHARES
Basic Shares Outstanding 6.118M 6.059M
Diluted Shares Outstanding 6.290M 6.059M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.790M $7.440M
YoY Change -22.18% 26.1%
Cash & Equivalents $5.790M $7.441M
Short-Term Investments
Other Short-Term Assets $361.7K $397.3K
YoY Change -8.96% -9.74%
Inventory $4.399M $4.141M
Prepaid Expenses
Receivables $2.122M $2.321M
Other Receivables $518.6K $420.0K
Total Short-Term Assets $13.27M $14.83M
YoY Change -10.53% 3.16%
LONG-TERM ASSETS
Property, Plant & Equipment $5.593M $5.704M
YoY Change -1.93% -2.59%
Goodwill $729.7K $729.7K
YoY Change 0.0% -30.3%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $52.15K $56.26K
YoY Change -7.31% -11.23%
Total Long-Term Assets $12.54M $14.28M
YoY Change -12.22% -5.89%
TOTAL ASSETS
Total Short-Term Assets $13.27M $14.83M
Total Long-Term Assets $12.54M $14.28M
Total Assets $25.80M $29.11M
YoY Change -11.36% -1.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.153M $2.965M
YoY Change -61.13% 163.22%
Accrued Expenses $1.716M $1.880M
YoY Change -8.72% 1.08%
Deferred Revenue $195.4K $193.5K
YoY Change 1.01% -18.77%
Short-Term Debt $0.00 $3.450M
YoY Change -100.0%
Long-Term Debt Due $590.0K
YoY Change -28.91%
Total Short-Term Liabilities $3.617M $9.679M
YoY Change -62.63% 76.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $950.0K
YoY Change -100.0%
Other Long-Term Liabilities $2.492M $2.650M
YoY Change -5.97% -23.19%
Total Long-Term Liabilities $2.492M $3.600M
YoY Change -30.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.617M $9.679M
Total Long-Term Liabilities $2.492M $3.600M
Total Liabilities $6.109M $13.28M
YoY Change -54.0% 142.26%
SHAREHOLDERS EQUITY
Retained Earnings $11.57M $8.222M
YoY Change 40.71% -40.11%
Common Stock $8.124M $7.610M
YoY Change 6.76% 10.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $19.69M $15.83M
YoY Change
Total Liabilities & Shareholders Equity $25.80M $29.11M
YoY Change -11.36% -1.49%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $579.8K -$3.667M
YoY Change -115.81% -615.37%
Depreciation, Depletion And Amortization $299.9K $343.1K
YoY Change -12.59% -9.15%
Cash From Operating Activities $385.8K -$1.598M
YoY Change -124.14% -187.42%
INVESTING ACTIVITIES
Capital Expenditures $457.4K $22.49K
YoY Change 1934.13% -92.07%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$229.5K -$46.13K
YoY Change 397.46% -81.9%
FINANCING ACTIVITIES
Cash Dividend Paid $722.3K
YoY Change 1.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.263M
YoY Change -501.52%
NET CHANGE
Cash From Operating Activities $385.8K -1.598M
Cash From Investing Activities -$229.5K -46.13K
Cash From Financing Activities 4.263M
Net Change In Cash $156.3K 2.619M
YoY Change -94.03% 411.95%
FREE CASH FLOW
Cash From Operating Activities $385.8K -$1.598M
Capital Expenditures $457.4K $22.49K
Free Cash Flow -$71.62K -$1.621M
YoY Change -95.58% -204.92%

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