Arts Way Mfg Reports FY24 Results
Ticker: ARTW · Form: 10-K · Filed: Feb 18, 2025 · CIK: 7623
| Field | Detail |
|---|---|
| Company | Arts Way Manufacturing Co Inc (ARTW) |
| Form Type | 10-K |
| Filed Date | Feb 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, manufacturing
TL;DR
ARTS WAY MFG FY24: $108.6M REV, $32.1M NET INCOME. HEALTHY BALANCE SHEET.
AI Summary
Arts Way Manufacturing Co Inc filed its 2024 10-K report, detailing its financial performance for the fiscal year ending November 30, 2024. The company reported revenues of $108.6 million and net income of $32.1 million, with earnings per share at $0.01. Key financial figures include total assets of $112.7 million and total liabilities of $9.5 million. The filing also outlines various debt instruments and capital expenditures.
Why It Matters
This 10-K filing provides a comprehensive overview of Arts Way Manufacturing's financial health and operational performance, crucial for investors and stakeholders to assess the company's stability and future prospects.
Risk Assessment
Risk Level: low — The filing presents standard financial disclosures for a public company without immediate red flags.
Key Numbers
- $108.6B — Revenues (Total revenues for the fiscal year ending November 30, 2024.)
- $32.1M — Net Income (Net income for the fiscal year ending November 30, 2024.)
- $0.01 — EPS (Earnings per share for the fiscal year ending November 30, 2024.)
- $112.7M — Total Assets (Total assets as of November 30, 2024.)
- $9.5M — Total Liabilities (Total liabilities as of November 30, 2024.)
Key Players & Entities
- ARTS WAY MANUFACTURING CO INC (company) — Filer of the 10-K report
- 2024-11-30 (date) — Fiscal year end date
- $108,636,000 (dollar_amount) — Total revenues for FY 2024
- $32,137,000 (dollar_amount) — Net income for FY 2024
- $0.01 (dollar_amount) — Earnings per share for FY 2024
- $112,714,000 (dollar_amount) — Total assets as of November 30, 2024
- $9,500,000 (dollar_amount) — Total liabilities as of November 30, 2024
FAQ
What were Arts Way Manufacturing's total revenues for the fiscal year ended November 30, 2024?
Total revenues for the fiscal year ended November 30, 2024, were $108,636,000.
What was the company's net income for the fiscal year ended November 30, 2024?
The company reported a net income of $32,137,000 for the fiscal year ended November 30, 2024.
What is the reported earnings per share for the fiscal year ended November 30, 2024?
The earnings per share for the fiscal year ended November 30, 2024, is reported as $0.01.
What were the total assets of Arts Way Manufacturing as of November 30, 2024?
As of November 30, 2024, the total assets were $112,714,000.
What were the total liabilities of Arts Way Manufacturing as of November 30, 2024?
Total liabilities as of November 30, 2024, amounted to $9,500,000.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 18, 2025 regarding ARTS WAY MANUFACTURING CO INC (ARTW).