$UTGN
UTG INC

2022 Q3 Form 10-Q Financial Statement

#000083248022000018 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $16.70M $5.257M $9.137M
YoY Change -404.99% -33.02% -47.26%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $63.63K $85.93K $82.02K
YoY Change -6.76% -0.64% 6.67%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $717.5K $590.3K $894.9K
YoY Change 19.25% -7.2% -34.14%
% of Gross Profit
Operating Expenses $2.733M $1.899M $5.643M
YoY Change -56.63% 9.53% -25.01%
Operating Profit
YoY Change
Interest Expense $36.75K $23.31K -$4.050K
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.62M -$1.009M $3.490M
YoY Change -190.32% -146.37% -64.39%
Income Tax $2.543M -$270.8K $761.3K
% Of Pretax Income 23.94% 21.81%
Net Earnings $8.052M -$765.2K $2.708M
YoY Change -189.34% -142.55% -65.29%
Net Earnings / Revenue 48.21% -14.56% 29.64%
Basic Earnings Per Share $2.54 -$0.24
Diluted Earnings Per Share $2.54 -$0.24 $855.2K
COMMON SHARES
Basic Shares Outstanding 3.168M 3.172M 3.166M
Diluted Shares Outstanding 3.166M 3.172M

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $24.78M $19.05M $30.79M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $19.61M $18.62M $18.70M
YoY Change -22.54% -22.1% 5.75%
LONG-TERM ASSETS
Property, Plant & Equipment $35.95M $37.88M $0.00
YoY Change 12162.19% 6.38% -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $301.5M $303.3M $314.3M
YoY Change 3.0% -0.38% 9.27%
Other Assets
YoY Change
Total Long-Term Assets $395.8M $393.4M $419.8M
YoY Change 1.52% -3.04% 4.58%
TOTAL ASSETS
Total Short-Term Assets $19.61M $18.62M $18.70M
Total Long-Term Assets $395.8M $393.4M $419.8M
Total Assets $415.4M $412.0M $438.5M
YoY Change 0.05% -4.1% 4.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $403.3K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $8.000M $7.000M $24.00M
YoY Change
Other Long-Term Liabilities $6.829M $5.410M $5.194M
YoY Change 17.88% 6.92% -1.77%
Total Long-Term Liabilities $14.83M $12.41M $29.19M
YoY Change 155.98% 145.25% 452.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $403.3K
Total Long-Term Liabilities $14.83M $12.41M $29.19M
Total Liabilities $276.2M $275.1M $297.2M
YoY Change -0.05% -1.99% 5.43%
SHAREHOLDERS EQUITY
Retained Earnings $114.2M $106.2M $97.73M
YoY Change 10.97%
Common Stock $32.67M $32.86M $32.78M
YoY Change -0.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $1.339M $1.317M $1.302M
Shareholders Equity $138.6M $136.4M $140.8M
YoY Change
Total Liabilities & Shareholders Equity $415.4M $412.0M $438.5M
YoY Change 0.05% -4.1% 4.63%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $8.052M -$765.2K $2.708M
YoY Change -189.34% -142.55% -65.29%
Depreciation, Depletion And Amortization $717.5K $590.3K $894.9K
YoY Change 19.25% -7.2% -34.14%
Cash From Operating Activities $1.893M $5.940K -$2.231M
YoY Change -148.15% -100.23% -50.16%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $2.901M -$2.136M -$14.78M
YoY Change -219.81% -138.25% -176.24%
Cash From Investing Activities $2.901M -$2.136M -$14.78M
YoY Change -219.81% -138.25% -176.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 940.6K -3.086M 23.69M
YoY Change -282.49% 1769.49% -3977.96%
NET CHANGE
Cash From Operating Activities 1.893M 5.940K -2.231M
Cash From Investing Activities 2.901M -2.136M -14.78M
Cash From Financing Activities 940.6K -3.086M 23.69M
Net Change In Cash 5.734M -5.216M 6.674M
YoY Change -183.5% -285.45% -53.34%
FREE CASH FLOW
Cash From Operating Activities $1.893M $5.940K -$2.231M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Entity Central Index Key
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