Paradise Inc (PARF) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1200 DR MARTIN LUTHER KING JR BLVD PLANT CITY, FL 33563 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 206 - Sugar And Confectionery Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,036 | 8,668 | 9,241 | 8,792 | 7,788 | 5,916 | |||
| Cash and cash equivalent | 8,036 | 8,668 | 9,241 | 8,792 | 7,788 | 5,916 | |||
| Receivables | 1,994 | 2,299 | 2,109 | 2,182 | 3,047 | 2,369 | |||
| Inventory, net of allowances, customer advances and progress billings | 9,332 | 9,207 | 8,305 | 8,180 | 7,485 | 8,838 | |||
| Inventory | 9,332 | 9,207 | 8,305 | 8,180 | 7,485 | 8,838 | |||
| Other undisclosed current assets | 433 | 317 | 540 | 636 | 663 | 914 | |||
| Total current assets: | 19,794 | 20,491 | 20,194 | 19,790 | 18,982 | 18,038 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,127 | 4,272 | 4,163 | 3,924 | 3,474 | 3,817 | |||
| Intangible assets, net (including goodwill) | 413 | 413 | (845) | 475 | 601 | 727 | |||
| Goodwill | 413 | 413 | 413 | 413 | 413 | 413 | |||
| Intangible assets, net (excluding goodwill) | (1,258) | 62 | 188 | 314 | |||||
| Deferred tax assets, net | 126 | ||||||||
| Other undisclosed noncurrent assets | 323 | 345 | 1,652 | 392 | 451 | 284 | |||
| Total noncurrent assets: | 4,990 | 5,030 | 4,970 | 4,792 | 4,526 | 4,828 | |||
| TOTAL ASSETS: | 24,784 | 25,522 | 25,164 | 24,583 | 23,509 | 22,866 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,420 | 1,129 | 1,498 | 1,460 | 1,721 | 1,718 | |||
| Taxes payable | 78 | ||||||||
| Employee-related liabilities | 220 | 486 | |||||||
| Accounts payable | 931 | 639 | 809 | 616 | 603 | 308 | |||
| Accrued liabilities | 488 | 490 | 689 | 844 | 819 | 924 | |||
| Debt | 284 | 542 | 43 | 583 | 113 | ||||
| Contract with customer, liability | 333 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed current liabilities | (298) | (486) | |||||||
| Total current liabilities: | 2,037 | 1,670 | 1,541 | 2,043 | 1,536 | 1,232 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 112 | 370 | 315 | 204 | 297 | ||||
| Deferred tax liabilities, net | 112 | 370 | 315 | 204 | 297 | ||||
| Total noncurrent liabilities: | 112 | 370 | 315 | 204 | 297 | ||||
| Total liabilities: | 2,037 | 1,782 | 1,910 | 2,358 | 1,739 | 1,529 | |||
| Equity | |||||||||
| Equity, attributable to parent | 22,747 | 23,740 | 23,254 | 22,225 | 21,769 | 21,337 | |||
| Common stock | 175 | 175 | 175 | 175 | 175 | 175 | |||
| Treasury stock, value | (273) | (273) | (273) | (273) | (273) | (273) | |||
| Additional paid in capital | 1,289 | 1,289 | 1,289 | 1,289 | 1,289 | 1,289 | |||
| Retained earnings | 21,556 | 22,549 | 22,063 | 21,034 | 20,579 | 20,146 | |||
| Total equity: | 22,747 | 23,740 | 23,254 | 22,225 | 21,769 | 21,337 | |||
| TOTAL LIABILITIES AND EQUITY: | 24,784 | 25,522 | 25,164 | 24,583 | 23,509 | 22,866 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 20,135 | 21,964 | 23,230 | 23,734 | 25,235 | 24,056 | ||
| Revenue, net | ✕ | ✕ | 21,964 | 23,230 | 23,734 | 25,183 | 24,056 | |
| Cost of revenue | (16,887) | (17,128) | (17,191) | (18,145) | (20,419) | (18,818) | ||
| Cost of product and service sold | (16,869) | (17,122) | (17,122) | (18,005) | (20,419) | (18,818) | ||
| Gross profit: | 3,248 | 4,836 | 6,040 | 5,589 | 4,816 | 5,238 | ||
| Operating expenses | (3,956) | (3,940) | (4,276) | (4,791) | (4,663) | (4,857) | ||
| Other undisclosed operating income | 568 | 490 | ||||||
| Operating income (loss): | (708) | 896 | 1,764 | 798 | 721 | 871 | ||
| Nonoperating income | 354 | |||||||
| Interest and debt expense | (18) | (6) | (2) | (8) | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 9 | 14 | 4 | 20 | 55 | 8 | ||
| Income (loss) from continuing operations before income taxes: | (718) | 905 | 1,768 | 818 | 773 | 1,225 | ||
| Income tax expense (benefit) | 104 | (289) | (662) | (306) | (284) | (443) | ||
| Income (loss) from continuing operations: | (614) | 616 | 1,107 | 513 | 490 | 782 | ||
| Income (loss) before gain (loss) on sale of properties: | (614) | 616 | 1,107 | 513 | 490 | 782 | ||
| Net income (loss) available to common stockholders, diluted: | (614) | 616 | 1,107 | 513 | 490 | 782 | ||
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (614) | 616 | 1,107 | 513 | 490 | 782 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (614) | 616 | 1,107 | 513 | 490 | 782 | ||
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.