IEC Electronics Corp. (IEC) Financial Statements (2026 and earlier)

Company Profile

Business Address 105 NORTON STREET
NEWARK, NY 14513
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 3672 - Printed Circuit Boards (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

6/30/2021
MRQ
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 312   845407
Cash and cash equivalent 312   845407
Receivables 30,36127,61825,16817,88717,14024,923
Inventory, net of allowances, customer advances and progress billings 51,37444,26734,12615,60515,38425,753
Inventory 51,37444,26734,12615,60515,38425,753
Contract with customer, asset, after allowance for credit loss 8,773  ✕✕✕
Asset, held-for-sale, not part of disposal group     4,611 
Other current assets 1,7571,4541,7471,0181,2141,444
Other undisclosed current assets  10,046    
Total current assets: 92,57783,38561,04134,51039,19452,527
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 23,58719,43320,11017,77710,99415,443
Intangible asset, including goodwill, after accumulated amortization     196235
Goodwill     101101
Intangible asset, excluding goodwill, after accumulated amortization     95134
Regulated entity, other noncurrent assets  269289   
Deferred income tax assets 4,840 ✕✕✕✕
Other noncurrent assets 1,70086044216024257
Other undisclosed noncurrent assets 2606,8858,566   
Total noncurrent assets: 30,38727,44729,40717,93711,43215,735
TOTAL ASSETS: 122,964110,83290,44852,44750,62668,262
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 33,84927,53230,94314,50314,75821,992
Employee-related liabilities 3,6593,1741,7961,0133,3652,338
Accounts payable 29,73323,69028,68913,04610,86418,336
Accrued liabilities 4576684584445291,318
Deferred revenue 19,783 ✕✕✕✕
Debt  1,7091,7551,2022,9082,908
Customer advances and deposits✕✕✕✕1,6111,7565,761
Other undisclosed current liabilities 49713,2297,595   
Total current liabilities: 54,12942,47040,29317,31619,42230,661
Noncurrent Liabilities
Long-term debt and lease obligation 21,66035,59523,02919,38516,96128,323
Long-term debt, excluding current maturities 21,47628,91016,00214,02316,96128,323
Capital lease obligations✕✕6,6857,0275,362  
Liabilities, other than long-term debt 1,4041,5271,7501,317379590
Other liabilities 1,4041,5271,7501,317379590
Operating lease, liability 184 ✕✕✕✕
Other undisclosed noncurrent liabilities 6,616     
Total noncurrent liabilities: 29,68037,12224,77920,70217,34028,913
Total liabilities: 83,80979,59265,07238,01836,76259,574
Equity
Equity, attributable to parent, including: 39,15531,24025,37614,42913,8648,688
Common stock 105103  113112
Treasury stock, value (1,589)(1,589)  (1,589)(1,529)
Additional paid in capital 49,16148,001  46,29445,845
Accumulated deficit (8,522)(15,275)  (30,954)(35,740)
Other undisclosed equity, attributable to parent   25,37614,429  
Total equity: 39,15531,24025,37614,42913,8648,688
TOTAL LIABILITIES AND EQUITY: 122,964110,83290,44852,44750,62668,262

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

6/30/2021
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Revenues 182,714156,981116,92296,455127,010126,999
Revenue, net✕✕✕✕96,455127,010126,999
Cost of revenue
(Cost of Product and Service Sold)		 (158,594)(135,337)(102,765)(85,198)(106,723)(110,704)
Gross profit: 24,12021,64414,15711,25720,28716,295
Operating expenses (13,986)(14,076)(11,438)(10,197)(14,026)(13,139)
Other operating expense, net
(Other Nonrecurring (Income) Expense)		     (13)(1,325)
Other undisclosed operating loss      (3,491)
Operating income (loss): 10,1347,5682,7191,0606,248(1,660)
Interest and debt expense (1,438)(1,645)(1,146)(917)(1,392)(2,110)
Income (loss) from continuing operations before income taxes: 8,6965,9231,5731434,856(3,770)
Income tax expense (benefit) (1,943)(1,176)8,837(62)(70)(1)
Income (loss) from continuing operations: 6,7534,74710,410814,786(3,771)
Income (loss) before gain (loss) on sale of properties:✕6,7534,74710,410814,786(3,771)
Net income (loss): 6,7534,74710,410814,786(3,771)
Other undisclosed net loss attributable to parent      (6,415)
Net income (loss) attributable to parent: 6,7534,74710,410814,786(10,186)
Undistributed earnings (loss) allocated to participating securities, basic (32)(38)(104) ✕✕
Net income (loss) available to common stockholders, diluted: 6,7214,70910,306814,786(10,186)

Comprehensive Income ($ in thousands)
Annual | Quarterly

6/30/2021
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net income (loss): 6,7534,74710,410814,786(3,771)
Comprehensive income (loss), net of tax, attributable to parent: 6,7534,74710,410814,786(3,771)

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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