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)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q3 | 3/31/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,832 | 2,555 | 2,552 | 4,923 | 4,157 | 3,934 | |||
| Cash and cash equivalent | 2,832 | 2,555 | 2,552 | 4,923 | 4,157 | 3,934 | |||
| Receivables | 1,487 | 1,737 | 1,784 | 2,403 | 2,384 | 369 | |||
| Inventory, net of allowances, customer advances and progress billings | 8,076 | 8,469 | 9,563 | 8,665 | 7,609 | 5,808 | |||
| Inventory | 8,076 | 8,469 | 9,563 | 8,665 | 7,609 | 5,808 | |||
| Contract with customer, asset, after allowance for credit loss | 1,831 | 3,124 | 5,005 | 2,578 | 2,786 | 3,177 | |||
| Other undisclosed current assets | 1,942 | 2,781 | 2,500 | 3,433 | 3,366 | 3,594 | |||
| Total current assets: | 16,168 | 18,666 | 21,404 | 22,002 | 20,302 | 16,882 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,060 | 1,302 | 1,540 | 1,776 | 2,009 | 2,239 | |||
| Property, plant and equipment | 2,931 | 3,147 | 3,384 | 3,202 | 3,512 | 3,615 | |||
| Intangible assets, net (including goodwill) | 607 | 687 | 767 | 846 | 926 | 1,006 | |||
| Goodwill | 58 | 58 | 58 | 58 | 58 | 58 | |||
| Intangible assets, net (excluding goodwill) | 549 | 629 | 709 | 788 | 868 | 948 | |||
| Other noncurrent assets | 207 | 207 | 123 | 124 | 117 | 130 | |||
| Total noncurrent assets: | 4,805 | 5,343 | 5,814 | 5,948 | 6,564 | 6,990 | |||
| TOTAL ASSETS: | 20,973 | 24,009 | 27,218 | 27,950 | 26,866 | 23,872 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 7,579 | 10,307 | 10,852 | 10,796 | 12,068 | 9,542 | |||
| Accounts payable | 6,151 | 8,755 | 9,407 | 9,025 | 10,559 | 8,093 | |||
| Accrued liabilities | 1,428 | 1,552 | 1,445 | 1,771 | 1,509 | 1,449 | |||
| Deferred revenue | 349 | 207 | 148 | 287 | 87 | 225 | |||
| Debt | 2,850 | 645 | 636 | 573 | 665 | 698 | |||
| Other liabilities | 589 | 532 | 442 | 567 | 922 | 843 | |||
| Other undisclosed current liabilities | 933 | 1,069 | 1,204 | 1,235 | 1,215 | 1,196 | |||
| Total current liabilities: | 12,300 | 12,760 | 13,282 | 13,458 | 14,957 | 12,504 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 937 | 1,088 | 1,254 | 2,022 | 2,556 | 3,032 | |||
| Finance lease, liability | 937 | 1,088 | 1,254 | 1,117 | 1,335 | 1,499 | |||
| Liabilities, other than long-term debt | 288 | 463 | 635 | ||||||
| Operating lease, liability | 288 | 463 | 635 | 905 | 1,221 | 1,533 | |||
| Other undisclosed noncurrent liabilities | (905) | (1,221) | (1,533) | ||||||
| Total noncurrent liabilities: | 1,225 | 1,551 | 1,889 | 2,022 | 2,556 | 3,032 | |||
| Total liabilities: | 13,525 | 14,311 | 15,171 | 15,480 | 17,513 | 15,536 | |||
| Equity | |||||||||
| Equity, attributable to parent | 7,448 | 9,698 | 12,047 | 12,470 | 9,353 | 8,336 | |||
| Common stock | 149 | 148 | 141 | 140 | 132 | 132 | |||
| Additional paid in capital | 3,559 | 2,977 | 2,585 | 2,516 | 890 | 748 | |||
| Retained earnings | 3,740 | 6,573 | 9,321 | 9,814 | 8,331 | 7,456 | |||
| Total equity: | 7,448 | 9,698 | 12,047 | 12,470 | 9,353 | 8,336 | |||
| TOTAL LIABILITIES AND EQUITY: | 20,973 | 24,009 | 27,218 | 27,950 | 26,866 | 23,872 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q3 | 3/31/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,088 | 14,720 | 19,554 | 25,926 | 27,789 | 23,759 | ||
| Cost of revenue (Cost of Product and Service Sold) | (8,816) | (11,303) | (14,213) | (17,383) | (19,642) | (18,001) | ||
| Gross profit: | 3,272 | 3,417 | 5,341 | 8,543 | 8,147 | 5,758 | ||
| Operating expenses | (3,288) | (3,606) | (3,083) | (4,153) | (4,145) | (3,852) | ||
| Other undisclosed operating loss | (2,284) | (2,364) | (2,554) | (2,598) | (2,857) | (3,071) | ||
| Operating income (loss): | (2,300) | (2,553) | (296) | 1,792 | 1,145 | (1,165) | ||
| Nonoperating expense | (518) | (195) | (189) | (309) | (270) | (229) | ||
| Other nonoperating expense | (518) | (195) | (273) | (233) | (168) | |||
| Interest and debt expense | (334) | (46) | (42) | (36) | (37) | (61) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (3,152) | (2,794) | (527) | 1,447 | 838 | (1,455) | ||
| Other undisclosed income from continuing operations before income taxes | 334 | 46 | 42 | 36 | 37 | 61 | ||
| Income (loss) from continuing operations before income taxes: | (2,818) | (2,748) | (485) | 1,483 | 875 | (1,394) | ||
| Income tax expense | (16) | |||||||
| Other undisclosed loss from continuing operations | (8) | |||||||
| Income (loss) from continuing operations: | (2,834) | (2,748) | (493) | 1,483 | 875 | (1,394) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 1,483 | 875 | (1,394) | |
| Net income (loss) available to common stockholders, diluted: | (2,834) | (2,748) | (493) | 1,483 | 875 | (1,394) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q3 | 3/31/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,834) | (2,748) | (493) | 1,483 | 875 | (1,394) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,834) | (2,748) | (493) | 1,483 | 875 | (1,394) | ||
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.