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 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $13.96M |
| Cost of Revenue | $7.50M | $8.82M | $11.30M | - | $17.38M | $18.00M | $14.06M | $12.75M | $9.49M | $9.12M |
| Gross Profit | $2.84M | $3.27M | $3.42M | - | $8.54M | $5.76M | $4.63M | $4.27M | $3.18M | $3.63M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.07M | $3.29M | $3.61M | - | $4.46M | $3.85M | $3.69M | $3.56M | $3.76M | $3.21M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $308.0K | $317.0K | $317.0K | - | $329.0K | $304.0K | $345.0K | $314.0K | $304.0K | $281.0K |
| Operating Income | ($2.23M) | ($2.30M) | ($2.55M) | - | $1.79M | ($1.17M) | ($1.90M) | ($2.10M) | ($3.05M) | ($1.91M) |
| Interest Expense | $338.0K | $334.0K | $46.0K | - | $82.0K | $61.0K | $55.0K | $46.0K | $42.0K | $68.0K |
| Income Tax | $2.0K | $16.0K | $0 | - | ($30.0K) | $0 | $0 | ($23.0K) | $0 | $0 |
| Net Income | ($2.73M) | ($2.83M) | ($2.75M) | - | $639.0K | ($1.39M) | ($2.03M) | ($2.12M) | ($3.06M) | ($1.95M) |
| EPS - Basic | ($0.19) | ($0.20) | ($0.21) | - | $0.05 | ($0.11) | ($0.16) | ($0.17) | - | - |
| EPS - Diluted | ($0.19) | ($0.20) | ($0.21) | - | $0.05 | ($0.11) | ($0.16) | ($0.17) | - | - |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.63M | $2.83M | $2.56M | $2.55M | $4.92M | $3.93M | $1.84M | $2.61M | $4.95M | $5.40M |
| Accounts Receivable | $1.49M | $1.39M | $1.64M | $1.68M | $2.40M | $369.0K | $6.47M | $7.01M | $4.62M | $4.81M |
| Inventory | $7.79M | $8.08M | $8.47M | $9.56M | $8.66M | $5.81M | $5.65M | $5.92M | $5.71M | $6.20M |
| Accounts Payable | $6.78M | $6.15M | $8.76M | $9.41M | $9.03M | $8.09M | $6.81M | $7.04M | $4.35M | $3.53M |
| Current Assets | $14.28M | $16.17M | $18.67M | $21.40M | $22.00M | $16.88M | $18.13M | $19.80M | $18.89M | $20.09M |
| Total Assets | $18.54M | $20.97M | $24.01M | $27.22M | $27.95M | $23.87M | $25.43M | $27.31M | $28.56M | $29.97M |
| Current Liabilities | $12.81M | $12.30M | $12.76M | $13.28M | $13.46M | $12.50M | $12.79M | $13.31M | $12.49M | $11.29M |
| Long-term Debt | - | - | - | - | - | - | - | $2.05M | - | - |
| Total Liabilities | $13.75M | $13.53M | $14.31M | $15.17M | $15.48M | $15.54M | $16.11M | $16.89M | $17.09M | $15.80M |
| Stockholders' Equity | $4.79M | $7.45M | $9.70M | $12.05M | $12.47M | $8.34M | $9.31M | $10.43M | $11.46M | $14.17M |
| Retained Earnings | $1.01M | $3.74M | $6.57M | $9.32M | $9.81M | $7.46M | $8.85M | $10.88M | $12.36M | $15.43M |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $533.0K | - | - | - | ($889.0K) | - | - | ($3.71M) |
| Investing Cash Flow | - | - | ($36.0K) | - | - | - | ($116.0K) | - | - | $1.46M |
| Financing Cash Flow | - | - | ($2.08M) | - | - | - | $481.0K | - | - | ($457.0K) |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | 26.0% |
| Operating margin | - | - | - | - | - | - | - | - | - | -13.7% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | -11.7% |
| Net margin | - | - | - | - | - | - | - | - | - | -14.0% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | 23.0% |
| Effective tax rate | - | - | - | - | -4.9% | - | - | - | - | - |
| Return on assets | -14.7% | -13.5% | -11.4% | - | 2.3% | -5.8% | -8.0% | -7.8% | -10.7% | -6.5% |
| Return on equity | -57.0% | -38.1% | -28.3% | - | 5.1% | -16.7% | -21.8% | -20.4% | -26.7% | -13.8% |
| Return on invested capital | - | - | - | - | - | - | - | -13.3% | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.11 | 1.31 | 1.46 | 1.61 | 1.63 | 1.35 | 1.42 | 1.49 | 1.51 | 1.78 |
| Quick ratio | 0.51 | 0.66 | 0.80 | 0.89 | 0.99 | 0.89 | 0.98 | 1.04 | 1.05 | 1.23 |
| Cash ratio | 0.13 | 0.23 | 0.20 | 0.19 | 0.37 | 0.31 | 0.14 | 0.20 | 0.40 | 0.48 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | 0.20 | - | - |
| Debt / Assets | - | - | - | - | - | - | - | 0.08 | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -6.6x | -6.9x | -55.5x | - | 21.9x | -19.1x | -34.6x | -45.7x | -72.5x | -28.1x |
| Equity multiplier | 3.87 | 2.82 | 2.48 | 2.26 | 2.24 | 2.86 | 2.73 | 2.62 | 2.49 | 2.11 |
| Liabilities / Assets | 0.74 | 0.64 | 0.60 | 0.56 | 0.55 | 0.65 | 0.63 | 0.62 | 0.60 | 0.53 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | 0.47 |
| Inventory turnover | 0.96 | 1.09 | 1.33 | - | 2.01 | 3.10 | 2.49 | 2.15 | 1.66 | 1.47 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | 126d |
| Days inventory outstanding | 379d | 334d | 273d | - | 182d | 118d | 147d | 170d | 220d | 248d |
| Days payable outstanding | 330d | 255d | 283d | - | 190d | 164d | 177d | 202d | 167d | 141d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | 233d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | 4.4% |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | 11.1% |
| Gross profit growth (YoY) | -66.8% | -43.2% | -26.2% | - | 100.1% | 81.0% | 27.6% | 2.4% | - | 1.0% |
| Operating income growth (YoY) | - | -97.4% | -34.2% | - | - | 61.8% | 0.6% | -82.7% | 79.3% | -8.6% |
| Net income growth (YoY) | - | -103.3% | -35.4% | - | - | 54.5% | -3.9% | - | 79.1% | -13.7% |
| EPS growth (YoY) | - | -81.8% | -31.2% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -61.6% | -10.7% | 4.1% | - | 19.6% | -27.3% | -34.3% | -30.2% | -16.5% | -48.9% |
Peer comparison
Same SIC group: Wholesale-Durable Goods
Comparing ADDVANTAGE TECHNOLOGIES GROUP INC against the 2 most active filers in the same SIC group.