AEY · Addvantage Technologies Group Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $38.66M | $48.71M |
| Cost of Revenue | $69.24M | $46.03M | $38.50M | $46.03M | $36.19M | $33.90M |
| Gross Profit | $27.79M | $16.13M | $11.68M | $9.09M | $11.22M | $14.81M |
| R&D | - | - | - | - | - | - |
| SG&A | $15.57M | $14.89M | $11.25M | $13.07M | $14.33M | $14.66M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $1.23M | $1.23M | $1.55M | $400.0K | $400.0K | $400.0K |
| Operating Income | $1.48M | ($9.30M) | ($18.53M) | ($3.98M) | ($5.19M) | $145.6K |
| Interest Expense | $176.0K | $238.0K | $254.0K | $79.9K | $231.9K | $389.7K |
| Income Tax | $8.0K | ($53.0K) | ($1.25M) | ($13.0K) | $1.64M | ($146.0K) |
| Net Income | $471.0K | ($6.50M) | ($17.33M) | ($5.30M) | ($7.32M) | ($98.1K) |
| EPS - Basic | $0.03 | ($0.52) | ($1.55) | ($0.51) | ($0.71) | ($0.01) |
| EPS - Diluted | $0.03 | ($0.52) | ($1.55) | ($0.51) | ($0.71) | ($0.01) |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.55M | $2.61M | $8.27M | $1.24M | $3.13M | $3.97M |
| Accounts Receivable | $1.68M | $7.01M | $3.97M | $4.83M | $4.40M | $5.57M |
| Inventory | $9.56M | $5.92M | $5.76M | $7.63M | $18.89M | $22.33M |
| Accounts Payable | $9.41M | $7.04M | $3.47M | $4.73M | $4.66M | $3.39M |
| Current Assets | $21.40M | $19.80M | $22.25M | $18.97M | $30.53M | $32.42M |
| Total Assets | $27.22M | $27.31M | $32.68M | $36.83M | $44.39M | $54.85M |
| Current Liabilities | $13.28M | $13.31M | $11.19M | $7.20M | $9.07M | $9.65M |
| Long-term Debt | - | $2.05M | $6.95M | - | - | $6.28M |
| Total Liabilities | $15.17M | $16.89M | $17.75M | $7.38M | $9.87M | $13.15M |
| Stockholders' Equity | $12.05M | $10.43M | $14.93M | $29.45M | $34.53M | $41.70M |
| Retained Earnings | $9.32M | $10.88M | $17.38M | $34.72M | $40.02M | $47.34M |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.18M | ($7.51M) | ($3.82M) | ($4.81M) | $3.83M | $2.99M |
| Investing Cash Flow | $309.0K | $3.52M | $2.39M | $6.60M | ($979.2K) | ($5.44M) |
| Financing Cash Flow | ($1.26M) | ($1.44M) | $8.21M | ($3.33M) | ($3.69M) | $1.92M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | 29.0% | 30.4% |
| Operating margin | - | - | - | - | -13.4% | 0.3% |
| EBITDA margin | - | - | - | - | -12.4% | 1.1% |
| Net margin | - | - | - | - | -18.9% | -0.2% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | 37.1% | 30.1% |
| Effective tax rate | 1.7% | - | - | - | - | - |
| Return on assets | 1.7% | -23.8% | -53.0% | -14.4% | -16.5% | -0.2% |
| Return on equity | 3.9% | -62.4% | -116.1% | -18.0% | -21.2% | -0.2% |
| Return on invested capital | - | -58.9% | -66.9% | - | - | 0.2% |
| Liquidity | ||||||
| Current ratio | 1.61 | 1.49 | 1.99 | 2.63 | 3.37 | 3.36 |
| Quick ratio | 0.89 | 1.04 | 1.47 | 1.57 | 1.28 | 1.04 |
| Cash ratio | 0.19 | 0.20 | 0.74 | 0.17 | 0.35 | 0.41 |
| Leverage | ||||||
| Debt / Equity | - | 0.20 | 0.47 | - | - | 0.15 |
| Debt / Assets | - | 0.08 | 0.21 | - | - | 0.11 |
| Debt / EBITDA | - | - | - | - | - | 11.52 |
| Interest coverage | 8.4x | -39.1x | -73.0x | -49.8x | -22.4x | 0.4x |
| Equity multiplier | 2.26 | 2.62 | 2.19 | 1.25 | 1.29 | 1.32 |
| Liabilities / Assets | 0.56 | 0.62 | 0.54 | 0.20 | 0.22 | 0.24 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | 0.87 | 0.89 |
| Inventory turnover | 7.24 | 7.77 | 6.69 | 6.04 | 1.92 | 1.52 |
| Days sales outstanding | - | - | - | - | 42d | 42d |
| Days inventory outstanding | 50d | 47d | 55d | 60d | 190d | 240d |
| Days payable outstanding | 50d | 56d | 33d | 38d | 47d | 37d |
| Cash conversion cycle | - | - | - | - | 185d | 246d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | -20.6% | 26.0% |
| Revenue CAGR (3y) | - | - | - | - | 2.5% | - |
| Revenue CAGR (5y) | - | - | - | - | 3.0% | 6.7% |
| Gross profit growth (YoY) | 72.3% | 38.1% | 28.5% | -19.0% | -24.2% | 19.0% |
| Operating income growth (YoY) | - | 49.8% | -366.0% | 23.4% | - | -57.7% |
| Net income growth (YoY) | - | 62.5% | -226.9% | 27.6% | -7360.4% | - |
| EPS growth (YoY) | - | 66.5% | -203.9% | 28.2% | -7000.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 15.5% | -30.2% | -49.3% | -14.7% | -17.2% | 0.2% |
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Wholesale-Durable Goods
Comparing ADDVANTAGE TECHNOLOGIES GROUP INC against the 2 most active filers in the same SIC group.