$UTGN
UTG INC

2022 Q4 Form 10-Q Financial Statement

#000114036122041017 Filed on November 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $33.79M $16.70M -$5.476M
YoY Change 269.79% -404.99% -263.61%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $74.68K $63.63K $68.24K
YoY Change -8.95% -6.76% -2.69%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $396.9K $717.5K $601.7K
YoY Change -55.65% 19.25% 507.55%
% of Gross Profit
Operating Expenses $6.290M $2.733M $6.302M
YoY Change 11.47% -56.63% 146.21%
Operating Profit
YoY Change
Interest Expense -$36.69K $36.75K $0.00
YoY Change 805.93%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $22.46M $10.62M -$11.76M
YoY Change 543.52% -190.32% 270.04%
Income Tax $4.657M $2.543M -$2.762M
% Of Pretax Income 20.73% 23.94%
Net Earnings $17.78M $8.052M -$9.012M
YoY Change 556.57% -189.34% 268.34%
Net Earnings / Revenue 52.62% 48.21%
Basic Earnings Per Share $2.54 -$2.84
Diluted Earnings Per Share $5.62 $2.54 -$2.844M
COMMON SHARES
Basic Shares Outstanding 3.162M 3.168M 3.170M
Diluted Shares Outstanding 3.166M 3.169M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $45.29M $24.78M $24.11M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $14.42M $19.61M $25.31M
YoY Change -22.86% -22.54% 30.2%
LONG-TERM ASSETS
Property, Plant & Equipment $34.93M $35.95M $293.2K
YoY Change 12162.19% -20.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $314.9M $301.5M $292.7M
YoY Change 0.19% 3.0% -0.37%
Other Assets
YoY Change
Total Long-Term Assets $433.1M $395.8M $389.8M
YoY Change 3.18% 1.52% -0.38%
TOTAL ASSETS
Total Short-Term Assets $14.42M $19.61M $25.31M
Total Long-Term Assets $433.1M $395.8M $389.8M
Total Assets $447.5M $415.4M $415.2M
YoY Change 2.07% 0.05% 1.07%
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 $4.189M $403.3K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $19.00M $8.000M $0.00
YoY Change -20.83%
Other Long-Term Liabilities $5.958M $6.829M $5.793M
YoY Change 14.71% 17.88% -6.21%
Total Long-Term Liabilities $24.96M $14.83M $5.793M
YoY Change -14.51% 155.98% -6.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.189M $403.3K
Total Long-Term Liabilities $24.96M $14.83M $5.793M
Total Liabilities $289.5M $276.2M $276.3M
YoY Change -2.59% -0.05% -1.86%
SHAREHOLDERS EQUITY
Retained Earnings $132.0M $114.2M
YoY Change 35.05%
Common Stock $32.70M $32.67M
YoY Change -0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $1.326M $1.339M
Shareholders Equity $157.6M $138.6M $138.8M
YoY Change
Total Liabilities & Shareholders Equity $447.5M $415.4M $415.2M
YoY Change 2.07% 0.05% 1.07%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $17.78M $8.052M -$9.012M
YoY Change 556.57% -189.34% 268.34%
Depreciation, Depletion And Amortization $396.9K $717.5K $601.7K
YoY Change -55.65% 19.25% 507.55%
Cash From Operating Activities -$5.057M $1.893M -$3.931M
YoY Change 126.65% -148.15% 1.34%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $15.38M $2.901M -$2.421M
YoY Change -204.04% -219.81% -232.5%
Cash From Investing Activities $15.38M $2.901M -$2.421M
YoY Change -204.04% -219.81% -232.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.18M 940.6K -515.4K
YoY Change -57.01% -282.49% -79.73%
NET CHANGE
Cash From Operating Activities -5.057M 1.893M -3.931M
Cash From Investing Activities 15.38M 2.901M -2.421M
Cash From Financing Activities 10.18M 940.6K -515.4K
Net Change In Cash 20.51M 5.734M -6.867M
YoY Change 207.29% -183.5% 49.47%
FREE CASH FLOW
Cash From Operating Activities -$5.057M $1.893M -$3.931M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
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205 North Depot Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Stanford
dei Entity Address State Or Province
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dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
40484
dei City Area Code
CityAreaCode
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dei Security12g Title
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Common Stock, stated value $.001 per share
dei Entity Current Reporting Status
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dei Entity Interactive Data Current
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dei Entity Filer Category
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dei Document Fiscal Year Focus
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dei Entity Central Index Key
EntityCentralIndexKey
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dei Document Type
DocumentType
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dei Document Quarterly Report
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dei Entity Registrant Name
EntityRegistrantName
UTG, INC.
dei Local Phone Number
LocalPhoneNumber
241-6300
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