ARC · Arc Document Solutions, 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 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $74.45M | $75.11M | $70.79M | - | $71.06M | $72.35M | $68.92M | - | $73.14M | $74.56M |
| Cost of Revenue | $49.69M | $48.73M | $47.98M | - | $46.91M | $47.17M | $45.99M | - | $48.31M | $49.03M |
| Gross Profit | $24.76M | $26.39M | $22.81M | - | $24.15M | $25.18M | $22.93M | - | $24.82M | $25.54M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $23.27M | $21.34M | $19.07M | - | $19.27M | $19.01M | $19.48M | - | $19.08M | $19.94M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $4.04M | - | - | - | $4.65M | - | - | - |
| Operating Income | $1.48M | $5.04M | $3.73M | - | $4.87M | $6.15M | $3.43M | - | $5.72M | $5.56M |
| Interest Expense | $327.0K | $447.0K | $310.0K | - | $397.0K | $447.0K | $456.0K | - | $454.0K | $446.0K |
| Income Tax | $1.28M | $1.60M | $1.09M | - | $1.37M | $1.73M | $1.16M | - | $1.58M | $2.00M |
| Net Income | ($65.0K) | $3.16M | $2.45M | - | $3.17M | $4.02M | $1.94M | - | $3.74M | $3.26M |
| EPS - Basic | - | $0.07 | $0.06 | - | $0.07 | $0.09 | $0.05 | - | $0.09 | $0.08 |
| EPS - Diluted | - | $0.07 | $0.06 | - | $0.07 | $0.09 | $0.04 | - | $0.09 | $0.08 |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $51.29M | $49.91M | $52.03M | $56.09M | $50.59M | $51.07M | $49.80M | $52.56M | $50.65M | $44.59M |
| Accounts Receivable | $41.90M | $41.52M | $37.89M | $35.77M | $40.40M | $38.45M | $39.42M | $38.75M | $41.12M | $44.36M |
| Inventory | $9.20M | $9.22M | $9.28M | $8.82M | $8.67M | $8.88M | $9.20M | $8.61M | $9.49M | $9.88M |
| Accounts Payable | $25.64M | $26.67M | $24.02M | $24.18M | $22.31M | $23.53M | $23.21M | $22.97M | $22.98M | $23.69M |
| Current Assets | $111.53M | $110.00M | $107.27M | $108.65M | $107.94M | $106.36M | $105.24M | $107.48M | $109.12M | $106.77M |
| Total Assets | $313.45M | $312.58M | $309.28M | $310.12M | $302.47M | $300.79M | $303.47M | $307.31M | $310.12M | $311.65M |
| Current Liabilities | $74.70M | $71.33M | $68.86M | $71.16M | $67.94M | $66.83M | $67.69M | $72.57M | $72.96M | $72.56M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $156.91M | $154.88M | $152.83M | $154.40M | $144.10M | $142.89M | $146.00M | $151.03M | $154.73M | $157.31M |
| Stockholders' Equity | $155.03M | $156.22M | $154.90M | $154.07M | $156.78M | $156.28M | $155.66M | $154.35M | $153.51M | $152.29M |
| Retained Earnings | $43.33M | $45.52M | $44.49M | $44.14M | $47.13M | $46.09M | $44.23M | $44.42M | $44.41M | $42.77M |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $3.70M | - | - | - | $3.82M | - | - | - |
| Investing Cash Flow | - | - | ($3.01M) | - | - | - | ($2.16M) | - | - | - |
| Financing Cash Flow | - | - | ($4.68M) | - | - | - | ($4.36M) | - | - | - |
| CapEx | - | - | $3.08M | - | - | - | $2.25M | - | - | - |
| Free Cash Flow | - | - | $626.0K | - | - | - | $1.57M | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.3% | 35.1% | 32.2% | - | 34.0% | 34.8% | 33.3% | - | 33.9% | 34.2% |
| Operating margin | 2.0% | 6.7% | 5.3% | - | 6.9% | 8.5% | 5.0% | - | 7.8% | 7.5% |
| EBITDA margin | - | - | 11.0% | - | - | - | 11.7% | - | - | - |
| Net margin | -0.1% | 4.2% | 3.5% | - | 4.5% | 5.6% | 2.8% | - | 5.1% | 4.4% |
| Free cash flow margin | - | - | 0.9% | - | - | - | 2.3% | - | - | - |
| FCF / Net income | - | - | 0.26 | - | - | - | 0.81 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 31.3% | 28.4% | 26.9% | - | 27.1% | 26.3% | 28.3% | - | 26.1% | 26.7% |
| Effective tax rate | 105.4% | 33.7% | 30.7% | - | 30.2% | 30.1% | 37.4% | - | 29.7% | 38.0% |
| Return on assets | -0.0% | 1.0% | 0.8% | - | 1.0% | 1.3% | 0.6% | - | 1.2% | 1.0% |
| Return on equity | -0.0% | 2.0% | 1.6% | - | 2.0% | 2.6% | 1.2% | - | 2.4% | 2.1% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.49 | 1.54 | 1.56 | 1.53 | 1.59 | 1.59 | 1.55 | 1.48 | 1.50 | 1.47 |
| Quick ratio | 1.37 | 1.41 | 1.42 | 1.40 | 1.46 | 1.46 | 1.42 | 1.36 | 1.37 | 1.34 |
| Cash ratio | 0.69 | 0.70 | 0.76 | 0.79 | 0.74 | 0.76 | 0.74 | 0.72 | 0.69 | 0.61 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 4.5x | 11.3x | 12.0x | - | 12.3x | 13.8x | 7.5x | - | 12.6x | 12.5x |
| Equity multiplier | 2.02 | 2.00 | 2.00 | 2.01 | 1.93 | 1.92 | 1.95 | 1.99 | 2.02 | 2.05 |
| Liabilities / Assets | 0.50 | 0.50 | 0.49 | 0.50 | 0.48 | 0.48 | 0.48 | 0.49 | 0.50 | 0.50 |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | 0.24 | 0.23 | - | 0.23 | 0.24 | 0.23 | - | 0.24 | 0.24 |
| Inventory turnover | 5.40 | 5.29 | 5.17 | - | 5.41 | 5.31 | 5.00 | - | 5.09 | 4.96 |
| Days sales outstanding | 205d | 202d | 195d | - | 208d | 194d | 209d | - | 205d | 217d |
| Days inventory outstanding | 68d | 69d | 71d | - | 67d | 69d | 73d | - | 72d | 74d |
| Days payable outstanding | 188d | 200d | 183d | - | 174d | 182d | 184d | - | 174d | 176d |
| Cash conversion cycle | 85d | 71d | 83d | - | 101d | 81d | 98d | - | 103d | 114d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.8% | 3.8% | 2.7% | - | -2.8% | -3.0% | -0.8% | - | 1.0% | 8.4% |
| Revenue CAGR (3y) | 0.9% | 3.0% | -7.1% | - | -8.9% | -9.9% | -8.0% | - | -8.1% | -9.0% |
| Revenue CAGR (5y) | -4.6% | -5.3% | -6.1% | - | -6.7% | -7.0% | -6.9% | - | -5.4% | -6.1% |
| Gross profit growth (YoY) | 2.5% | 4.8% | -0.5% | - | -2.7% | -1.4% | 2.1% | - | 4.3% | 12.0% |
| Operating income growth (YoY) | -69.6% | -18.2% | 8.6% | - | -14.9% | 10.6% | 12.2% | - | 16.2% | 32.9% |
| Net income growth (YoY) | - | -21.4% | 26.4% | - | -15.3% | 23.2% | -1.6% | - | 17.6% | 26.7% |
| EPS growth (YoY) | - | -22.2% | 50.0% | - | -22.2% | 12.5% | -20.0% | - | 28.6% | 33.3% |
| EPS CAGR (3y) | - | 5.3% | 44.2% | - | 0.0% | 44.2% | 26.0% | - | 65.1% | 100.0% |
| EPS CAGR (5y) | - | 47.6% | 43.1% | - | 3.1% | 0.0% | 32.0% | - | - | 0.0% |
| FCF growth (YoY) | - | - | -60.1% | - | - | - | -7.1% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.1% | -0.0% | -0.5% | -0.2% | 2.1% | 2.6% | 1.9% | 1.3% | 1.3% | 2.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$563.36M totalService$265.16M · 47.1%
Digital Printing$170.08M · 30.2%
MPS$74.76M · 13.3%
Scanning And Digital Imaging$20.31M · 3.6%
Product$16.04M · 2.8%
Shipping And Handling$11.00M · 2.0%
Managed Print Services$6.00M · 1.1%
Geographic
$281.20M totalUS$247.47M · 88.0%
Non Us$33.73M · 12.0%
Peer comparison
Same SIC group: Services-Mailing, Reproduction, Commercial Art & Photography
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| ATXG | $4.18M | -121.8% | -23.4% |
Comparing ARC DOCUMENT SOLUTIONS against the 1 most active filer in the same SIC group.