Espey Mfg. & Electronics Corp. (ESP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
233 BALLSTON AVE SARATOGA SPRINGS, NY 12866 |
| State of Incorp. | NY |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3679 - Electronic Components, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 6/30/2024 | 12/31/2023 MRQ | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23,231 | 17,475 | 14,713 | 8,104 | 9,895 | 10,544 | |||
| Cash and cash equivalents | 4,352 | 3,603 | 2,749 | 8,104 | 6,803 | 5,402 | |||
| Short-term investments | 18,879 | 13,872 | 11,965 | 3,092 | 5,142 | ||||
| Receivables | 6,635 | 5,961 | 5,791 | 5,733 | 5,603 | 9,013 | |||
| Inventory, net of allowances, customer advances and progress billings | 19,244 | 17,862 | 19,890 | 18,560 | 18,792 | 14,788 | |||
| Inventory | 19,244 | 17,862 | 19,890 | 18,560 | 18,792 | 14,788 | |||
| Other undisclosed current assets | 4,127 | 3,972 | 4,282 | 4,702 | 700 | 397 | |||
| Total current assets: | 53,237 | 45,271 | 44,676 | 37,099 | 34,990 | 34,742 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 3,306 | 5,092 | 2,825 | 2,798 | 2,991 | 3,467 | |||
| Total noncurrent assets: | 3,306 | 5,092 | 2,825 | 2,798 | 2,991 | 3,467 | |||
| TOTAL ASSETS: | 56,543 | 50,363 | 47,502 | 39,897 | 37,981 | 38,209 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,226 | 4,515 | 3,402 | 6,391 | |||||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 55 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 2,101 | ||||
| Accounts payable | 3,751 | 2,104 | 1,212 | 2,079 | |||||
| Accrued liabilities | 2,474 | 2,411 | 2,190 | 2,156 | |||||
| Deferred revenue | 9,043 | 7,624 | 8,082 | 3,384 | |||||
| Other undisclosed current liabilities | (2,156) | 7,480 | 6,749 | ||||||
| Total current liabilities: | 15,269 | 12,139 | 11,484 | 7,620 | 7,480 | 6,749 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 178 | 169 | 233 | ||||||
| Deferred income tax liabilities | 178 | 169 | 233 | ||||||
| Other undisclosed noncurrent liabilities | 138 | 7,480 | 6,749 | ||||||
| Total noncurrent liabilities: | 138 | 178 | 7,649 | 6,982 | |||||
| Total liabilities: | 15,269 | 12,139 | 11,622 | 7,798 | 15,128 | 13,731 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 41,274 | 38,224 | 35,880 | 32,100 | 30,332 | 31,227 | |||
| Common stock | 1,043 | 1,043 | 1,043 | 1,043 | 1,043 | 1,010 | |||
| Treasury stock, value | (5,843) | (6,014) | (6,039) | (6,039) | (6,039) | (7,651) | |||
| Additional paid in capital | 23,930 | 23,449 | 23,283 | 23,105 | 23,026 | 19,073 | |||
| Accumulated other comprehensive income (loss) | 7 | 3 | (2) | (2) | (2) | (3) | |||
| Retained earnings | 26,005 | 24,016 | 21,868 | 18,680 | 17,415 | 18,798 | |||
| Other undisclosed equity, attributable to parent | (3,868) | (4,273) | (4,273) | (4,688) | (5,111) | ||||
| Total equity: | 41,274 | 38,224 | 35,880 | 32,100 | 30,332 | 31,227 | |||
| Other undisclosed liabilities and equity | (7,480) | (6,749) | |||||||
| TOTAL LIABILITIES AND EQUITY: | 56,543 | 50,363 | 47,502 | 39,897 | 37,981 | 38,209 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 6/30/2024 | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 38,736 | 37,023 | 35,592 | 32,105 | 27,735 | 31,526 | ||
| Cost of revenue | (28,083) | (27,658) | (27,542) | (26,633) | (24,375) | (25,968) | ||
| Gross profit: | 10,653 | 9,366 | 8,051 | 5,472 | 3,360 | 5,559 | ||
| Operating expenses | (4,114) | (4,110) | (3,751) | (3,943) | (3,786) | (4,386) | ||
| Operating income (loss): | 6,539 | 5,256 | 4,300 | 1,529 | (426) | 1,172 | ||
| Nonoperating income | 756 | 649 | 406 | 64 | 58 | 137 | ||
| Investment income, nonoperating | 434 | 360 | 12 | 21 | 110 | |||
| Other nonoperating income | 756 | 215 | 47 | 52 | 37 | 27 | ||
| Income (loss) from continuing operations before income taxes: | 7,295 | 5,904 | 4,706 | 1,593 | (368) | 1,309 | ||
| Income tax expense (benefit) | (1,480) | (1,252) | (1,029) | (328) | 187 | (146) | ||
| Income (loss) from continuing operations: | 5,815 | 4,653 | 3,677 | 1,265 | (182) | 1,164 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 1,265 | (182) | 1,164 | |
| Net income (loss) available to common stockholders, diluted: | 5,815 | 4,653 | 3,677 | 1,265 | (182) | 1,164 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 6/30/2024 | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 5,815 | 4,653 | 3,677 | 1,265 | (182) | 1,164 | ||
| Comprehensive income (loss): | 5,815 | 4,653 | 3,677 | 1,265 | (182) | 1,164 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 9 | 4 | (0) | 0 | 1 | (2) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 5,824 | 4,657 | 3,677 | 1,266 | (181) | 1,162 | ||
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.