Gencor Industries Inc. (GENC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5201 N ORANGE BLOSSOM TRAIL ORLANDO, FL 32810 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 3531 - Construction Machinery and Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 104,790 | 101,283 | 98,881 | 118,208 | 125,082 | 115,624 | |||
| Cash and cash equivalents | 18,559 | 17,031 | 9,581 | 23,232 | 35,584 | 10,302 | |||
| Short-term investments | 86,231 | 84,252 | 89,300 | 94,976 | 89,498 | 105,322 | |||
| Receivables | 4,028 | 2,467 | 2,996 | 2,622 | 1,992 | 1,603 | |||
| Inventory, net of allowances, customer advances and progress billings | 72,209 | 71,527 | 55,815 | 41,888 | 27,090 | 25,366 | |||
| Inventory | 72,209 | 71,527 | 55,815 | 41,888 | 27,090 | 25,366 | |||
| Prepaid expense | 2,377 | 2,169 | 2,669 | 2,202 | 1,189 | 499 | |||
| Other undisclosed current assets | 6,164 | 1,508 | 2,118 | 1,903 | 6,405 | 13,838 | |||
| Total current assets: | 189,568 | 178,954 | 162,479 | 166,823 | 161,758 | 156,930 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 12,947 | 13,246 | 13,491 | 11,801 | 8,341 | 8,389 | |||
| Other noncurrent assets | 288 | 381 | 450 | 838 | 995 | 53 | |||
| Other undisclosed noncurrent assets | 2,855 | 3,167 | 2,893 | ||||||
| Total noncurrent assets: | 16,090 | 16,794 | 16,834 | 12,639 | 9,336 | 8,442 | |||
| TOTAL ASSETS: | 205,658 | 195,748 | 179,313 | 179,462 | 171,094 | 165,372 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,812 | 7,022 | 7,219 | 5,750 | 4,333 | 4,567 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,083 | |||||
| Accounts payable | 3,709 | 3,269 | 4,251 | 3,105 | 1,728 | 1,907 | |||
| Accrued liabilities | 3,103 | 3,753 | 1,885 | 2,645 | 2,605 | 2,660 | |||
| Deferred revenue | 12,702 | 6,815 | 5,864 | 5,244 | 3,853 | 1,918 | |||
| Other undisclosed current liabilities | 235 | 328 | (693) | 393 | 328 | ||||
| Total current liabilities: | 19,749 | 14,165 | 12,390 | 11,387 | 8,514 | 6,485 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 6 | 392 | 614 | ||||||
| Liabilities, other than long-term debt | |||||||||
| Operating lease, liability | 6 | 392 | 614 | ||||||
| Other undisclosed noncurrent liabilities | (6) | 2 | 132 | 3,372 | |||||
| Total noncurrent liabilities: | 6 | 786 | 1,360 | 3,372 | |||||
| Total liabilities: | 19,749 | 14,165 | 12,396 | 12,173 | 9,874 | 9,857 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 185,909 | 181,583 | 166,917 | 167,289 | 161,220 | 155,515 | |||
| Additional paid in capital | 12,590 | 12,590 | 12,590 | 12,590 | 12,331 | 12,159 | |||
| Retained earnings | 171,853 | 167,527 | 152,861 | 153,233 | 147,428 | 141,897 | |||
| Other undisclosed equity, attributable to parent | 1,466 | 1,466 | 1,466 | 1,466 | 1,461 | 1,459 | |||
| Total equity: | 185,909 | 181,583 | 166,917 | 167,289 | 161,220 | 155,515 | |||
| TOTAL LIABILITIES AND EQUITY: | 205,658 | 195,748 | 179,313 | 179,462 | 171,094 | 165,372 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 105,267 | 105,075 | 103,479 | 85,278 | 77,420 | 81,329 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (74,511) | (76,038) | (82,935) | (67,100) | (58,467) | (58,917) | ||
| Gross profit: | 30,756 | 29,037 | 20,544 | 18,178 | 18,953 | 22,412 | ||
| Operating expenses | (16,067) | (15,612) | (16,377) | (17,477) | (13,417) | (12,942) | ||
| Operating income: | 14,689 | 13,425 | 4,167 | 701 | 5,536 | 9,470 | ||
| Nonoperating income (expense) | 5,131 | 5,351 | (5,860) | 5,933 | 1,145 | 3,354 | ||
| Investment income, nonoperating | 2,331 | 2,108 | 1,305 | 1,762 | 2,321 | 2,307 | ||
| Income (loss) from continuing operations before income taxes: | 19,820 | 18,776 | (1,693) | 6,634 | 6,681 | 12,824 | ||
| Income tax expense (benefit) | (4,304) | (4,110) | 1,321 | (829) | (1,150) | (2,628) | ||
| Income (loss) from continuing operations: | 15,516 | 14,666 | (372) | 5,805 | 5,531 | 10,196 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (372) | 5,805 | 5,531 | 10,196 | |
| Other undisclosed net income | 744 | |||||||
| Net income: | 15,516 | 14,666 | 372 | 5,805 | 5,531 | 10,196 | ||
| Other undisclosed net loss attributable to parent | (744) | |||||||
| Net income (loss) available to common stockholders, diluted: | 15,516 | 14,666 | (372) | 5,805 | 5,531 | 10,196 | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 15,516 | 14,666 | 372 | 5,805 | 5,531 | 10,196 | ||
| Comprehensive income, net of tax, attributable to parent: | 15,516 | 14,666 | 372 | 5,805 | 5,531 | 10,196 | ||
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.