$TAYD
TAYLOR DEVICES, INC.

2022 Q3 Form 10-Q Financial Statement

#000009653622000030 Filed on September 30, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2021 Q3
Revenue $9.091M $7.308M
YoY Change 24.4% 26.87%
Cost Of Revenue $5.706M $5.718M
YoY Change -0.2% 36.13%
Gross Profit $3.385M $1.590M
YoY Change 112.85% 2.6%
Gross Profit Margin 37.23% 21.76%
Selling, General & Admin $1.831M $1.472M
YoY Change 24.38% 8.24%
% of Gross Profit 54.1% 92.57%
Research & Development $375.3K $281.9K
YoY Change 33.13%
% of Gross Profit 11.09% 17.73%
Depreciation & Amortization $317.8K $313.8K
YoY Change 1.27% 8.2%
% of Gross Profit 9.39% 19.73%
Operating Expenses $2.206M $1.472M
YoY Change 49.88% 7.45%
Operating Profit $1.178M $118.1K
YoY Change 897.44% -34.37%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $40.00K $63.74K
YoY Change -37.25% 537.4%
Pretax Income $1.218M $181.9K
YoY Change 569.88% -9.06%
Income Tax $216.0K $0.00
% Of Pretax Income 17.73% 0.0%
Net Earnings $1.002M $181.9K
YoY Change 451.12% 1.04%
Net Earnings / Revenue 11.03% 2.49%
Basic Earnings Per Share $0.29 $0.05
Diluted Earnings Per Share $286.5K $52.02K
COMMON SHARES
Basic Shares Outstanding 3.502M shares 3.497M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.78M $21.25M
YoY Change 7.23% 28.78%
Cash & Equivalents $21.69M $20.15M
Short-Term Investments $1.097M $1.102M
Other Short-Term Assets $418.6K $913.4K
YoY Change -54.17% 79.09%
Inventory $5.903M $8.755M
Prepaid Expenses
Receivables $5.832M $2.756M
Other Receivables $0.00 $0.00
Total Short-Term Assets $37.77M $33.67M
YoY Change 12.17% 2.2%
LONG-TERM ASSETS
Property, Plant & Equipment $10.37M $9.965M
YoY Change 4.07% 6.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.282M $1.985M
YoY Change -35.4% 35.94%
Total Long-Term Assets $11.65M $11.95M
YoY Change -2.48% 10.44%
TOTAL ASSETS
Total Short-Term Assets $37.77M $33.67M
Total Long-Term Assets $11.65M $11.95M
Total Assets $49.42M $45.62M
YoY Change 8.33% 4.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.449M $1.946M
YoY Change -25.53% 72.19%
Accrued Expenses $1.726M
YoY Change 32.74%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.131M $4.639M
YoY Change 10.6% 15.97%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $5.131M $4.639M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $5.131M $4.639M
YoY Change 10.6% 15.97%
SHAREHOLDERS EQUITY
Retained Earnings $36.84M
YoY Change
Common Stock $10.36M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.915M $2.915M
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $44.29M $40.98M
YoY Change
Total Liabilities & Shareholders Equity $49.42M $45.62M
YoY Change 8.33% 4.23%

Cashflow Statement

Concept 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $1.002M $181.9K
YoY Change 451.12% 1.04%
Depreciation, Depletion And Amortization $317.8K $313.8K
YoY Change 1.27% 8.2%
Cash From Operating Activities -$30.89K $29.20K
YoY Change -205.77% -94.27%
INVESTING ACTIVITIES
Capital Expenditures $833.5K -$462.0K
YoY Change -280.42% 92.48%
Acquisitions
YoY Change
Other Investing Activities $1.140K -$5.850K
YoY Change -119.49% -41.5%
Cash From Investing Activities -$834.6K -$467.8K
YoY Change 78.41% 87.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.830K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 35.29K 3.830K
YoY Change 821.41%
NET CHANGE
Cash From Operating Activities -$30.89K 29.20K
Cash From Investing Activities -$834.6K -467.8K
Cash From Financing Activities 35.29K 3.830K
Net Change In Cash -$865.5K -434.8K
YoY Change 99.07% -267.22%
FREE CASH FLOW
Cash From Operating Activities -$30.89K $29.20K
Capital Expenditures $833.5K -$462.0K
Free Cash Flow -$864.4K $491.2K
YoY Change -275.98% -34.51%

Facts In Submission

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CY2022Q3 dei Entity Registrant Name
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CY2022Q3 dei Entity Incorporation State Country Code
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CY2022Q3 dei Entity Tax Identification Number
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Files In Submission

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0000096536-22-000030.txt Edgar Link pending
0000096536-22-000030-xbrl.zip Edgar Link pending
ceo302certification20220831.htm Edgar Link pending
ceo906certification20220831.htm Edgar Link pending
cfo302certification20220831.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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tayd-20220831_def.xml Edgar Link unprocessable
tayd-20220831_cal.xml Edgar Link unprocessable
tayd-20220831_lab.xml Edgar Link unprocessable
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