ADDvantage Technologies Group, Inc. (AEYGQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1430 BRADLEY LANE CARROLLTON, TX 75007 |
| State of Incorp. | OK |
| Fiscal Year End | December 31 |
| Industry (SIC) | 50 - Wholesale Trade-durable Goods (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,552 | 2,608 | 8,265 | 1,242 | 3,129 | 3,973 | |||
| Cash and cash equivalents | 2,552 | 2,608 | 8,265 | 1,242 | 3,129 | 3,973 | |||
| Receivables | 1,784 | 7,013 | 6,651 | 6,248 | 4,580 | 5,814 | |||
| Inventory, net of allowances, customer advances and progress billings | 9,563 | 5,922 | 5,756 | 7,626 | 18,888 | 22,334 | |||
| Inventory | 9,563 | 5,922 | 5,756 | 7,626 | 18,888 | 22,334 | |||
| Prepaid expense | 544 | 265 | 298 | ||||||
| Contract with customer, asset, after allowance for credit loss | 5,005 | 2,488 | 590 | 2,691 | ✕ | ||||
| Asset, held-for-sale, not part of disposal group | 3,667 | ||||||||
| Other current assets | 262 | ||||||||
| Other undisclosed current assets | 2,500 | 1,765 | 992 | 352 | |||||
| Total current assets: | 21,404 | 19,796 | 22,254 | 18,965 | 30,528 | 32,419 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,540 | 2,730 | 3,758 | ✕ | ✕ | ||||
| Property, plant and equipment | 3,384 | 3,493 | 2,634 | 1,831 | 2,018 | 6,021 | |||
| Long-term investments and receivables | 2,375 | 4,975 | 49 | 99 | |||||
| Long-term investments | 49 | 99 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 2,375 | 4,975 | |||||||
| Intangible assets, net (including goodwill) | 767 | 1,165 | 1,483 | 10,881 | 11,665 | 14,518 | |||
| Goodwill | 58 | 58 | 58 | 4,878 | 4,820 | 5,970 | |||
| Intangible assets, net (excluding goodwill) | 709 | 1,107 | 1,425 | 6,003 | 6,844 | 8,547 | |||
| Other noncurrent assets | 123 | 128 | 179 | 176 | 134 | 139 | |||
| Other undisclosed noncurrent assets | 1,653 | ||||||||
| Total noncurrent assets: | 5,814 | 7,516 | 10,429 | 17,863 | 13,866 | 22,429 | |||
| TOTAL ASSETS: | 27,218 | 27,312 | 32,683 | 36,828 | 44,395 | 54,848 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,852 | 8,625 | 4,971 | 6,348 | 5,807 | 4,799 | |||
| Accounts payable | 9,407 | 7,044 | 3,472 | 4,731 | 4,657 | 3,393 | |||
| Accrued liabilities | 1,445 | 1,581 | 1,499 | 1,618 | 1,150 | 1,407 | |||
| Deferred revenue | 148 | 168 | 113 | 97 | ✕ | ✕ | |||
| Debt | 636 | 2,632 | 4,794 | 2,594 | 4,190 | ||||
| Other liabilities | 442 | 692 | 41 | 758 | 664 | 664 | |||
| Other undisclosed current liabilities | 1,204 | 1,198 | 1,275 | ||||||
| Total current liabilities: | 13,282 | 13,315 | 11,194 | 7,204 | 9,066 | 9,653 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,254 | 3,570 | 6,541 | 2,094 | |||||
| Long-term debt, excluding current maturities | 2,440 | 2,094 | |||||||
| Finance lease, liability | 1,254 | 1,429 | 791 | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 635 | 15 | 178 | 802 | 1,402 | ||||
| Other liabilities | 15 | 178 | 802 | 1,402 | |||||
| Operating lease, liability | 635 | 2,141 | 3,310 | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | (2,141) | ||||||||
| Total noncurrent liabilities: | 1,889 | 3,570 | 6,556 | 178 | 802 | 3,496 | |||
| Total liabilities: | 15,171 | 16,885 | 17,750 | 7,382 | 9,867 | 13,149 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 12,047 | 10,427 | 14,933 | 29,447 | 34,527 | 41,698 | |||
| Common stock | 141 | 126 | 118 | 109 | 108 | 107 | |||
| Treasury stock, value | (1,000) | (1,000) | (1,000) | ||||||
| Additional paid in capital | 2,585 | (578) | (4,746) | ||||||
| Retained earnings | 9,321 | 10,879 | 17,382 | 34,715 | 40,018 | 47,337 | |||
| Other undisclosed equity, attributable to parent | (2,567) | (4,377) | (4,598) | ||||||
| Total equity: | 12,047 | 10,427 | 14,933 | 29,447 | 34,527 | 41,698 | |||
| TOTAL LIABILITIES AND EQUITY: | 27,218 | 27,312 | 32,683 | 36,828 | 44,395 | 54,848 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 97,028 | 62,160 | 50,182 | 55,118 | 47,414 | 48,714 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 48,714 | |
| Cost of revenue (Cost of Goods and Services Sold) | (69,239) | (46,033) | (38,502) | (46,026) | (36,191) | (33,903) | ||
| Gross profit: | 27,789 | 16,127 | 11,680 | 9,093 | 11,223 | 14,811 | ||
| Operating expenses | (15,233) | (14,867) | (19,942) | (13,069) | (16,416) | (14,665) | ||
| Other undisclosed operating loss | (11,079) | (10,557) | (10,268) | |||||
| Operating income (loss): | 1,477 | (9,297) | (18,530) | (3,976) | (5,193) | 146 | ||
| Nonoperating income (expense) | (998) | 2,742 | 161 | (72) | (490) | (390) | ||
| Investment income, nonoperating | 321 | 96 | ||||||
| Other nonoperating income (expense) | (998) | 2,742 | (160) | (224) | ||||
| Interest and debt expense | (176) | 2,955 | (254) | (80) | (232) | (390) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 303 | (3,600) | (18,623) | (4,128) | (5,916) | (634) | ||
| Income from equity method investments | 41 | |||||||
| Other undisclosed income (loss) from continuing operations before income taxes | 176 | (2,955) | 80 | 232 | 390 | |||
| Income (loss) from continuing operations before income taxes: | 479 | (6,555) | (18,582) | (4,048) | (5,684) | (244) | ||
| Income tax expense (benefit) | (8) | 53 | 1,249 | 13 | (1,636) | 146 | ||
| Other undisclosed loss from continuing operations | ||||||||
| Income (loss) from continuing operations: | 471 | (6,502) | (17,333) | (4,035) | (7,320) | (98) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (6,502) | (17,333) | (5,302) | (7,320) | (98) | |
| Loss from discontinued operations | (1,267) | |||||||
| Net income (loss) available to common stockholders, diluted: | 471 | (6,502) | (17,333) | (5,302) | (7,320) | (98) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 471 | (6,502) | (17,333) | (5,302) | (7,320) | (98) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 471 | (6,502) | (17,333) | (5,302) | (7,320) | (98) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.