Climb Global Solutions Inc. (CLMB) Financial Statements (2025 and earlier)

Company Profile

Business Address 4 INDUSTRIAL WAY WEST
EATONTOWN, NJ 07724
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5045 - Computers and Computer Peripheral Equipment and Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments48,36343,57236,29549,77843,86961,741
Cash and cash equivalents48,36343,57236,29549,77843,86961,741
Receivables181,010180,587222,269126,331130,027126,385
Inventory, net of allowances, customer advances and progress billings1,6081,8653,7412,5183,2284,064
Inventory1,6081,8653,7412,5183,2284,064
Other undisclosed current assets5,8166,6196,7555,3997,6517,837
Total current assets:236,797232,643269,060184,026184,775200,027
Noncurrent Assets
Operating lease, right-of-use asset7508488789331,0401,137
Property, plant and equipment10,9549,8908,8507,3076,2624,575
Long-term investments and receivables7527527971,1721,2591,524
Accounts and financing receivable, after allowance for credit loss7527527971,1721,2591,524
Intangible assets, net (including goodwill)52,07552,82654,11237,31939,06038,705
Goodwill26,89326,90627,18219,01019,63719,220
Intangible assets, net (excluding goodwill)25,18225,92026,93018,30919,42319,485
Deferred income tax assets46838932444843492
Other noncurrent assets9749741,0771,160868472
Total noncurrent assets:65,97365,67966,03848,33948,92346,505
TOTAL ASSETS:302,770298,322335,098232,365233,698246,532
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:214,584213,221249,648154,895157,471173,060
Accounts payable194,310189,732218,717146,939146,516161,859
Accrued liabilities15,43017,82322,9037,95610,95511,201
Other undisclosed accounts payable and accrued liabilities4,8445,6668,028   
Debt550545540535530525
Other undisclosed current liabilities468495450442471497
Total current liabilities:215,602214,261250,638155,872158,472174,082
Noncurrent Liabilities
Long-term debt and lease obligation4746147528891,0241,159
Long-term debt, excluding current maturities4746147528891,0241,159
Liabilities, other than long-term debt6,8646,9988,9387,9827,2207,198
Deferred income tax liabilities5,4635,4925,5544,1354,2904,183
Other liabilities7357352,5052,8701,8431,825
Operating lease, liability6667718799771,0871,190
Total noncurrent liabilities:7,3387,6129,6908,8718,2448,357
Total liabilities:222,940221,873260,328164,743166,716182,439
Equity
Equity, attributable to parent79,83076,44974,77067,62266,98264,093
Common stock535353535353
Treasury stock, value(12,462)(12,724)(12,623)(12,357)(12,402)(12,679)
Additional paid in capital35,73835,17034,64733,89533,47632,495
Accumulated other comprehensive income (loss)(1,361)(1,240)(522)(2,693)(1,251)(2,255)
Retained earnings57,86255,19053,21548,72447,10646,479
Total equity:79,83076,44974,77067,62266,98264,093
TOTAL LIABILITIES AND EQUITY:302,770298,322335,098232,365233,698246,532

Income Statement (P&L) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues92,07692,422106,78478,45781,73285,040
Cost of revenue
(Cost of Goods and Services Sold)
(73,518)(75,402)(85,713)(64,183)(68,039)(69,831)
Gross profit:18,55817,02021,07114,27413,69315,209
Operating expenses(14,308)(13,517)(13,616)(10,985)(12,180)(10,976)
Operating income:4,2503,5037,4553,2891,5134,233
Nonoperating income (expense)
(Gain (Loss), Foreign Currency Transaction, before Tax)
(162)(85)(536)(140)(4)44
Income from continuing operations before equity method investments, income taxes:4,0883,4186,9193,1491,5094,277
Other undisclosed income (loss) from continuing operations before income taxes354203167318330112
Income from continuing operations before income taxes:4,4423,6217,0863,4671,8394,389
Income tax expense(1,012)(890)(1,840)(1,095)(458)(1,065)
Net income attributable to parent:3,4302,7315,2462,3721,3813,324
Undistributed earnings (loss) allocated to participating securities, basic(84)     
Other undisclosed net loss available to common stockholders, basic  (63)(152)(61)(25)(83)
Net income available to common stockholders, diluted:3,3462,6685,0942,3111,3563,241

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income:3,4302,7315,2462,3721,3813,324
Comprehensive income:3,4302,7315,2462,3721,3813,324
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(121)(718)2,171(1,442)1,004613
Comprehensive income, net of tax, attributable to parent:3,3092,0137,4179302,3853,937

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.

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