Ascent Industries Co.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $74.9M | $80.8M | $193.2M | $262.0M | $334.7M | $256.0M | $305.2M | $280.8M |
| Cost of Revenue | $57.7M | $70.1M | $191.7M | $218.7M | $273.9M | $233.3M | $274.4M | — |
| Gross Profit | $17.2M | $10.7M | $1.5M | $43.3M | $60.8M | $22.7M | $30.8M | $51.2M |
| Gross Margin | 23.0% | 13.2% | 0.8% | 16.5% | 18.2% | 8.8% | 10.1% | 18.2% |
| Operating Expenses | ||||||||
| Research & Development | $71.0K | $0 | — | — | — | $500.0K | $600.0K | $500.0K |
| SG&A Expense | $23.0M | $19.9M | $26.7M | $27.6M | $30.1M | $28.7M | $32.6M | $27.7M |
| Operating Income | $-7.0M | $-10.8M | $-37.4M | $14.5M | $27.3M | $-31.1M | $-1.7M | $21.2M |
| Operating Margin | -9.4% | -13.4% | -19.4% | 5.6% | 8.2% | -12.1% | -0.6% | 7.6% |
| Interest Expense | — | — | $4.2M | $2.7M | $1.5M | $2.1M | $3.8M | $2.2M |
| Pretax Income | $-5.6M | $-10.8M | $-41.1M | $12.0M | $25.5M | $-32.0M | $-3.8M | $16.5M |
| Income Tax Expense | $22.0K | $1.8M | $-6.9M | $-5.6M | $5.3M | $-4.7M | $-727.0K | $3.4M |
| Net Income | $867.0K | $-13.6M | $-26.6M | $22.1M | $20.2M | $-27.3M | $-3.0M | $13.1M |
| Net Margin | 1.2% | -16.8% | -13.8% | 8.4% | 6.0% | -10.7% | -1.0% | 4.7% |
| EPS (Basic) | $0.09 | $-1.35 | $-2.63 | $2.16 | $2.17 | $-2.98 | $-0.34 | $1.49 |
| EPS (Diluted) | $0.09 | $-1.35 | $-2.63 | $2.12 | $2.14 | $-2.98 | $-0.34 | $1.48 |
| Shares Outstanding (Basic) | 9.6M | 10.1M | 10.1M | 10.2M | 9.3M | 9.1M | 9.0M | 8.8M |
| Shares Outstanding (Diluted) | 9.6M | 10.1M | 10.1M | 10.4M | 9.5M | 9.1M | 9.0M | 8.9M |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |