AMTY · Amerityre Corp - 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 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 | Q3 '20 | Q1 '20 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.45M | $1.72M | $1.40M | $1.20M | $1.24M | $1.05M | $1.07M | $1.12M | $979.3K | $785.1K |
| Cost of Revenue | $1.12M | $1.15M | $1.01M | $903.5K | $883.9K | $707.6K | $768.8K | $768.9K | $690.6K | $637.3K |
| Gross Profit | $330.1K | $570.3K | $384.8K | $301.4K | $357.1K | $343.7K | $298.7K | $352.9K | $288.7K | $147.8K |
| R&D | $24.4K | $23.4K | $21.6K | $30.5K | $26.2K | $20.5K | $35.9K | $26.6K | $26.0K | $24.7K |
| SG&A | $213.4K | $220.9K | $232.8K | $186.0K | $191.6K | $210.5K | $172.9K | $173.3K | $193.4K | $163.9K |
| Total Operating Expenses | $311.8K | $310.2K | $322.8K | $267.6K | $276.8K | $290.8K | $260.1K | $252.6K | $262.9K | $241.9K |
| D&A | - | - | $60.0K | - | - | $55.1K | - | - | $25.2K | - |
| Operating Income | $18.2K | $260.1K | $62.0K | $33.8K | $80.2K | $53.0K | $38.5K | $100.3K | $25.8K | ($94.1K) |
| Interest Expense | - | $65 | - | $0 | $0 | $0 | $103 | $785 | $335 | $776 |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | $19.0K | $278.5K | $65.1K | $176.9K | $80.7K | $53.8K | $38.4K | $100.3K | $28.9K | ($94.7K) |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 | Q3 '20 | Q1 '20 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $805.2K | $567.2K | $476.2K | $516.2K | $708.8K | $619.0K | $666.8K | $421.7K | $462.7K | $557.0K |
| Accounts Receivable | $685.6K | $308.0K | $530.9K | $728.3K | $343.7K | $323.3K | $292.6K | $392.8K | $279.8K | $277.7K |
| Inventory | $853.8K | $1.15M | $739.2K | $659.3K | $543.2K | $489.1K | $493.9K | $584.5K | $531.3K | $448.4K |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $2.43M | $2.14M | $1.89M | $2.00M | $1.82M | $1.55M | $1.54M | $1.52M | $1.37M | $1.37M |
| Total Assets | $3.32M | $3.08M | $2.92M | $2.90M | $2.82M | $2.74M | $2.76M | $2.73M | $2.70M | $2.74M |
| Current Liabilities | $960.7K | $784.5K | $899.0K | $942.7K | $799.8K | $889.4K | $909.4K | $815.8K | $809.1K | $823.1K |
| Long-term Debt | $60.7K | $60.9K | $61.3K | $61.3K | $61.5K | $120.3K | $154.0K | $61.9K | $72.4K | $75.4K |
| Total Liabilities | $1.17M | $1.03M | $1.22M | $1.30M | $1.20M | $1.42M | $1.51M | $1.36M | $1.44M | $1.49M |
| Stockholders' Equity | $2.15M | $2.05M | $1.70M | $1.60M | $1.62M | $1.32M | $1.25M | $1.37M | $1.26M | $1.25M |
| Retained Earnings | ($60.85M) | ($60.92M) | ($61.22M) | ($61.28M) | ($61.23M) | ($61.48M) | ($61.54M) | ($61.41M) | ($61.49M) | ($61.50M) |
Cash Flow
| Line item | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 | Q3 '20 | Q1 '20 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $93.7K | - | - | ($47.5K) | - | - | ($78.9K) | - |
| Investing Cash Flow | - | - | ($133.7K) | - | - | $0 | - | - | ($12.6K) | - |
| Financing Cash Flow | - | - | $0 | - | - | ($263) | - | - | ($2.8K) | - |
| CapEx | - | - | $130.9K | - | - | $0 | - | - | $0 | - |
| Free Cash Flow | - | - | ($37.2K) | - | - | ($47.5K) | - | - | ($78.9K) | - |
Ratios
| Metric | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 | Q3 '21 | Q1 '21 | Q2 '20 | Q3 '20 | Q1 '20 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 22.7% | 33.1% | 27.6% | 25.0% | 28.8% | 32.7% | 28.0% | 31.5% | 29.5% | 18.8% |
| Operating margin | 1.3% | 15.1% | 4.4% | 2.8% | 6.5% | 5.0% | 3.6% | 8.9% | 2.6% | -12.0% |
| EBITDA margin | - | - | 8.7% | - | - | 10.3% | - | - | 5.2% | - |
| Net margin | 1.3% | 16.2% | 4.7% | 14.7% | 6.5% | 5.1% | 3.6% | 8.9% | 3.0% | -12.1% |
| Free cash flow margin | - | - | -2.7% | - | - | -4.5% | - | - | -8.1% | - |
| FCF / Net income | - | - | -0.57 | - | - | -0.88 | - | - | -2.73 | - |
| R&D / Revenue | 1.7% | 1.4% | 1.5% | 2.5% | 2.1% | 1.9% | 3.4% | 2.4% | 2.7% | 3.1% |
| SG&A / Revenue | 14.7% | 12.8% | 16.7% | 15.4% | 15.4% | 20.0% | 16.2% | 15.4% | 19.8% | 20.9% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | 0.6% | 9.0% | 2.2% | 6.1% | 2.9% | 2.0% | 1.4% | 3.7% | 1.1% | -3.5% |
| Return on equity | 0.9% | 13.6% | 3.8% | 11.1% | 5.0% | 4.1% | 3.1% | 7.3% | 2.3% | -7.6% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.53 | 2.73 | 2.10 | 2.12 | 2.27 | 1.74 | 1.69 | 1.86 | 1.69 | 1.66 |
| Quick ratio | 1.64 | 1.27 | 1.28 | 1.42 | 1.59 | 1.19 | 1.15 | 1.14 | 1.04 | 1.11 |
| Cash ratio | 0.84 | 0.72 | 0.53 | 0.55 | 0.89 | 0.70 | 0.73 | 0.52 | 0.57 | 0.68 |
| Leverage | ||||||||||
| Debt / Equity | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.09 | 0.12 | 0.05 | 0.06 | 0.06 |
| Debt / Assets | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 | 0.06 | 0.02 | 0.03 | 0.03 |
| Debt / EBITDA | - | - | 0.50 | - | - | 1.11 | - | - | 1.42 | - |
| Interest coverage | - | 4001.0x | - | - | - | - | 374.2x | 127.8x | 77.0x | -121.3x |
| Equity multiplier | 1.55 | 1.50 | 1.72 | 1.82 | 1.74 | 2.08 | 2.21 | 1.99 | 2.14 | 2.20 |
| Liabilities / Assets | 0.35 | 0.34 | 0.42 | 0.45 | 0.43 | 0.52 | 0.55 | 0.50 | 0.53 | 0.54 |
| Efficiency | ||||||||||
| Asset turnover | 0.44 | 0.56 | 0.48 | 0.42 | 0.44 | 0.38 | 0.39 | 0.41 | 0.36 | 0.29 |
| Inventory turnover | 1.32 | 1.00 | 1.37 | 1.37 | 1.63 | 1.45 | 1.56 | 1.32 | 1.30 | 1.42 |
| Days sales outstanding | 172d | 65d | 139d | 221d | 101d | 112d | 100d | 128d | 104d | 129d |
| Days inventory outstanding | 277d | 363d | 267d | 266d | 224d | 252d | 234d | 277d | 281d | 257d |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 20.6% | 38.7% | 32.8% | 12.9% | 10.6% | 7.4% | 36.0% | 21.0% | 18.4% | -9.4% |
| Revenue CAGR (3y) | 22.8% | 22.9% | 19.0% | 11.6% | 9.9% | 4.3% | 6.7% | -0.3% | 5.4% | -5.0% |
| Revenue CAGR (5y) | 10.6% | 8.7% | 10.8% | 5.7% | 5.8% | 0.7% | -4.6% | -1.2% | -1.0% | -9.0% |
| Gross profit growth (YoY) | 9.5% | 59.7% | 11.9% | 0.9% | 1.2% | 19.1% | 102.0% | 22.1% | 8.4% | -46.2% |
| Operating income growth (YoY) | -46.1% | 224.3% | 17.0% | -12.2% | -20.0% | 105.4% | - | 87.3% | 859.5% | -7116.0% |
| Net income growth (YoY) | -89.2% | 245.3% | 21.0% | 360.6% | -19.6% | 86.1% | - | 43.5% | 569.5% | -3588.0% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 21.6% | - | - | 39.8% | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 34.3% | 26.7% | 28.8% | 27.7% | 17.9% | 4.4% | 0.3% | 14.3% | 0.3% | -1.1% |
Peer comparison
Same SIC group: Tires & Inner Tubes
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| GT | $18.28B | -9.4% | -53.2% |
Comparing AMERITYRE CORP against the 1 most active filer in the same SIC group.