Butler National Corp (BUKS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ONE AERO PLAZA NEW CENTURY, KS 66031 |
| State of Incorp. | DE |
| Fiscal Year End | April 30 |
| Industry (SIC) | 799 - Miscellaneous Amusement And Recreation (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 1/31/2025 MRQ | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 17,792 | 21,997 | 12,487 | 22,022 | 16,793 | 9,014 | |||
| Cash and cash equivalent | 17,792 | 21,997 | 12,487 | 22,022 | 16,793 | 9,014 | |||
| Receivables | 5,776 | 3,793 | 3,636 | 1,961 | 2,784 | 3,292 | |||
| Inventory, net of allowances, customer advances and progress billings | 9,522 | 8,947 | 8,872 | 8,568 | 8,615 | 8,885 | |||
| Inventory | 9,522 | 8,947 | 8,872 | 8,568 | 8,615 | 8,885 | |||
| Contract with customer, asset, after allowance for credit loss | 3,812 | 1,893 | 1,470 | 421 | |||||
| Other undisclosed current assets | 1,694 | 3,532 | 1,361 | 1,496 | 1,620 | 2,093 | |||
| Total current assets: | 38,596 | 40,162 | 27,826 | 34,468 | 29,812 | 23,284 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 2,892 | 3,081 | ✕ | ||||||
| Property, plant and equipment | 59,587 | 59,067 | 72,905 | 64,652 | 54,746 | 14,811 | |||
| Intangible assets, net (including goodwill) | 9,762 | 8,722 | 8,018 | 8,211 | 6,483 | 6,407 | |||
| Intangible assets, net (excluding goodwill) | 9,762 | 8,722 | 8,018 | 8,211 | 6,483 | 6,407 | |||
| Other noncurrent assets | 3,138 | 2,874 | 3,391 | 2,872 | 3,877 | 4,400 | |||
| Other undisclosed noncurrent assets | (11,331) | (8,282) | |||||||
| Total noncurrent assets: | 75,379 | 73,744 | 72,983 | 67,453 | 65,106 | 25,618 | |||
| TOTAL ASSETS: | 113,975 | 113,906 | 100,809 | 101,921 | 94,918 | 48,902 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,065 | 12,270 | 8,693 | 3,967 | 3,739 | 3,438 | |||
| Taxes payable | ✕ | ✕ | ✕ | 1,049 | 212 | 206 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,911 | 1,862 | 2,571 | 1,664 | ||
| Accounts payable | 5,291 | 5,320 | 2,773 | 1,893 | 962 | 1,774 | |||
| Accrued liabilities | 4,774 | 6,950 | 2,960 | ||||||
| Deferred revenue | 5,922 | 6,031 | 820 | 5,798 | 1,994 | ✕ | |||
| Debt | 4,891 | 5,132 | 5,271 | 6,079 | 3,391 | 1,907 | |||
| Other liabilities | 193 | 214 | 211 | 265 | 274 | 230 | |||
| Deferred tax liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 236 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,758 | ||
| Other undisclosed current liabilities | 1,846 | 1,730 | (1,330) | 1,458 | 1,529 | 1,280 | |||
| Total current liabilities: | 22,917 | 25,377 | 13,665 | 17,567 | 10,927 | 9,849 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 36,617 | 41,748 | 46,310 | 42,575 | 45,422 | 3,765 | |||
| Long-term debt, excluding current maturities | 33,244 | 38,418 | 43,411 | 39,816 | 3,211 | 2,076 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,689 | ||
| Finance lease, liability | 3,373 | 3,330 | 2,899 | 2,759 | 42,211 | ✕ | |||
| Liabilities, other than long-term debt | 400 | 765 | 944 | ||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 944 | ||
| Deferred income tax liabilities | 400 | 765 | ✕ | ||||||
| Total noncurrent liabilities: | 36,617 | 41,748 | 46,310 | 42,975 | 46,187 | 4,709 | |||
| Total liabilities: | 59,534 | 67,125 | 59,975 | 60,542 | 57,114 | 14,558 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 53,645 | 45,973 | 40,834 | 35,361 | 32,811 | 28,003 | |||
| Treasury stock, value | (7,197) | (2,138) | (2,077) | (1,909) | (1,713) | (1,387) | |||
| Additional paid in capital | 13,866 | 13,647 | 12,160 | 16,900 | 15,600 | 14,767 | |||
| Retained earnings | 46,976 | 34,464 | 29,948 | 19,580 | 18,147 | 13,913 | |||
| Other undisclosed equity, attributable to parent | 803 | 790 | 777 | 710 | |||||
| Equity, attributable to noncontrolling interest | 6,018 | 4,993 | 6,341 | ||||||
| Other undisclosed equity | 796 | 808 | |||||||
| Total equity: | 54,441 | 46,781 | 40,834 | 41,379 | 37,804 | 34,344 | |||
| TOTAL LIABILITIES AND EQUITY: | 113,975 | 113,906 | 100,809 | 101,921 | 94,918 | 48,902 | |||
Income Statement (P&L) ($ in thousands)
| 1/31/2025 TTM | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 78,376 | 75,182 | 73,473 | 61,480 | 65,871 | 58,710 | ||
| Cost of revenue | (41,116) | (32,424) | (37,943) | (36,585) | (44,361) | (34,349) | ||
| Gross profit: | 37,260 | 42,758 | 35,530 | 24,895 | 21,510 | 24,361 | ||
| Operating expenses | (24,021) | (34,104) | (19,401) | (18,995) | (13,204) | (19,083) | ||
| Operating income: | 13,239 | 8,654 | 16,129 | 5,900 | 8,306 | 5,278 | ||
| Nonoperating income (expense) | 3,517 | (2,127) | (613) | (3,131) | (3,726) | 1,747 | ||
| Investment income, nonoperating | 305 | |||||||
| Interest and debt expense | (2,447) | (2,743) | 2,001 | (3,138) | (4,368) | (248) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3,138 | 4,368 | 248 | |||||
| Income from continuing operations before equity method investments, income taxes: | 14,309 | 3,784 | 17,517 | 2,769 | 4,580 | 7,025 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 2,447 | 2,743 | (2,001) | |||||
| Income from continuing operations before income taxes: | 16,756 | 6,527 | 15,516 | 2,769 | 4,580 | 7,025 | ||
| Income tax expense | (4,244) | (2,011) | (3,276) | (311) | (1,334) | (1,375) | ||
| Income from continuing operations: | 12,512 | 4,516 | 12,240 | 2,458 | 3,246 | 5,650 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 12,240 | 2,458 | 3,246 | 5,650 | |
| Net income: | 12,512 | 4,516 | 12,240 | 2,458 | 3,246 | 5,650 | ||
| Net income (loss) attributable to noncontrolling interest | (1,872) | (1,025) | 988 | (1,797) | ||||
| Net income available to common stockholders, diluted: | 12,512 | 4,516 | 10,368 | 1,433 | 4,234 | 3,853 | ||
Comprehensive Income ($ in thousands)
| 1/31/2025 TTM | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 12,512 | 4,516 | 12,240 | 2,458 | 3,246 | 5,650 | ||
| Comprehensive income: | 12,512 | 4,516 | 12,240 | 2,458 | 3,246 | 5,650 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1,872) | (1,025) | 988 | (1,797) | ||||
| Comprehensive income, net of tax, attributable to parent: | 12,512 | 4,516 | 10,368 | 1,433 | 4,234 | 3,853 | ||
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.