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)Annual | Quarterly
| 1/31/2025 Q3 | 10/31/2024 Q2 | 7/31/2024 Q1 | 4/30/2024 Q4 | 1/31/2024 Q3 | 10/31/2023 Q2 | 7/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 16,159 | 17,833 | 17,792 | 17,885 | 18,324 | 14,236 | |||
| Cash and cash equivalent | 16,159 | 17,833 | 17,792 | 17,885 | 18,324 | 14,236 | |||
| Receivables | 5,670 | 7,326 | 5,776 | 6,140 | 5,578 | 3,260 | |||
| Inventory, net of allowances, customer advances and progress billings | 10,450 | 9,629 | 9,522 | 10,537 | 9,239 | 9,047 | |||
| Inventory | 10,450 | 9,629 | 9,522 | 10,537 | 9,239 | 9,047 | |||
| Contract with customer, asset, after allowance for credit loss | 3,386 | 2,376 | 3,812 | 2,134 | 1,755 | 3,169 | |||
| Other undisclosed current assets | 2,090 | 1,848 | 1,694 | 2,090 | 1,932 | 2,066 | |||
| Total current assets: | 37,755 | 39,012 | 38,596 | 38,786 | 36,828 | 31,778 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 3,466 | 3,516 | 2,892 | 2,939 | 2,986 | 3,033 | |||
| Property, plant and equipment | 60,303 | 58,940 | 59,587 | 59,385 | 60,136 | 58,335 | |||
| Intangible assets, net (including goodwill) | 9,729 | 10,071 | 9,762 | 9,383 | 9,044 | 9,061 | |||
| Intangible assets, net (excluding goodwill) | 9,729 | 10,071 | 9,762 | 9,383 | 9,044 | 9,061 | |||
| Other noncurrent assets | 3,082 | 3,110 | 3,138 | 2,786 | 2,619 | 2,793 | |||
| Total noncurrent assets: | 76,580 | 75,637 | 75,379 | 74,493 | 74,785 | 73,222 | |||
| TOTAL ASSETS: | 114,335 | 114,649 | 113,975 | 113,279 | 111,613 | 105,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,297 | 7,553 | 10,065 | 12,497 | 12,904 | 6,204 | |||
| Accounts payable | 2,876 | 4,845 | 5,291 | 8,496 | 9,820 | 4,168 | |||
| Accrued liabilities | 1,421 | 2,708 | 4,774 | 4,001 | 3,084 | 2,036 | |||
| Deferred revenue | 8,999 | 8,038 | 5,922 | 5,673 | 4,680 | 9,256 | |||
| Debt | 5,076 | 5,028 | 4,891 | 4,963 | 4,957 | 4,951 | |||
| Other liabilities | 454 | 320 | 193 | 658 | 528 | 350 | |||
| Other undisclosed current liabilities | 1,784 | 1,481 | 1,846 | 1,435 | 1,687 | 1,449 | |||
| Total current liabilities: | 20,610 | 22,420 | 22,917 | 25,226 | 24,756 | 22,210 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 34,668 | 35,937 | 36,617 | 38,141 | 39,365 | 40,574 | |||
| Long-term debt, excluding current maturities | 30,740 | 31,996 | 33,244 | 34,785 | 36,026 | 37,252 | |||
| Finance lease, liability | 3,928 | 3,941 | 3,373 | 3,356 | 3,339 | 3,322 | |||
| Total noncurrent liabilities: | 34,668 | 35,937 | 36,617 | 38,141 | 39,365 | 40,574 | |||
| Total liabilities: | 55,278 | 58,357 | 59,534 | 63,367 | 64,121 | 62,784 | |||
| Equity | |||||||||
| Equity, attributable to parent | 58,261 | 55,496 | 53,645 | 49,115 | 46,694 | 41,421 | |||
| Treasury stock, value | (8,560) | (7,661) | (7,197) | (7,192) | (7,174) | (7,173) | |||
| Additional paid in capital | 14,003 | 13,935 | 13,866 | 13,791 | 13,734 | 13,411 | |||
| Retained earnings | 52,818 | 49,222 | 46,976 | 42,516 | 40,134 | 35,183 | |||
| Other undisclosed equity | 796 | 796 | 796 | 797 | 798 | 795 | |||
| Total equity: | 59,057 | 56,292 | 54,441 | 49,912 | 47,492 | 42,216 | |||
| TOTAL LIABILITIES AND EQUITY: | 114,335 | 114,649 | 113,975 | 113,279 | 111,613 | 105,000 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 1/31/2025 Q3 | 10/31/2024 Q2 | 7/31/2024 Q1 | 4/30/2024 Q4 | 1/31/2024 Q3 | 10/31/2023 Q2 | 7/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 21,360 | 19,828 | 22,630 | 18,960 | 19,602 | 17,185 | ||
| Cost of revenue | (10,023) | (9,481) | (11,930) | (8,432) | (13,747) | (9,357) | ||
| Gross profit: | 11,337 | 10,347 | 10,700 | 10,528 | 5,855 | 7,828 | ||
| Operating expenses | (6,483) | (6,811) | (5,992) | (6,733) | (2,257) | (6,691) | ||
| Operating income: | 4,854 | 3,536 | 4,708 | 3,795 | 3,598 | 1,137 | ||
| Nonoperating income (expense) | 71 | (459) | 1,018 | (532) | 3,184 | (152) | ||
| Investment income, nonoperating | 100 | 106 | 106 | 83 | 70 | 47 | ||
| Interest and debt expense | (538) | (565) | (578) | (615) | (615) | (639) | ||
| Income from continuing operations before equity method investments, income taxes: | 4,387 | 2,512 | 5,148 | 2,648 | 6,167 | 346 | ||
| Other undisclosed income from continuing operations before income taxes | 538 | 565 | 578 | 615 | 615 | 639 | ||
| Income from continuing operations before income taxes: | 4,925 | 3,077 | 5,726 | 3,263 | 6,782 | 985 | ||
| Income tax expense | (1,329) | (831) | (1,266) | (881) | (1,831) | (266) | ||
| Net income available to common stockholders, diluted: | 3,596 | 2,246 | 4,460 | 2,382 | 4,951 | 719 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 1/31/2025 Q3 | 10/31/2024 Q2 | 7/31/2024 Q1 | 4/30/2024 Q4 | 1/31/2024 Q3 | 10/31/2023 Q2 | 7/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 3,596 | 2,246 | 4,460 | 2,382 | 4,951 | 719 | ||
| Comprehensive income, net of tax, attributable to parent: | 3,596 | 2,246 | 4,460 | 2,382 | 4,951 | 719 | ||
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.