Rocky Mountain Chocolate Factory, Inc. (RMCF) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
265 TURNER DRIVE DURANGO, CO 80202 |
| State of Incorp. | DE |
| Fiscal Year End | February 28 |
| Industry (SIC) | 206 - Sugar And Confectionery Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 11/30/2021 TTM | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 6,022 | 5,633 | 4,822 | 5,384 | 6,073 | 5,779 | ||
| Cash and cash equivalents | 6,022 | 5,633 | 4,822 | 5,384 | 6,073 | 5,779 | ||
| Receivables | 3,795 | 2,867 | 4,629 | 4,294 | 4,346 | 4,139 | ||
| Inventory, net of allowances, customer advances and progress billings | 4,944 | 4,063 | 3,751 | 4,270 | 4,842 | 4,976 | ||
| Inventory | 4,944 | 4,063 | 3,751 | 4,270 | 4,842 | 4,976 | ||
| Other current assets | 320 | 214 | 410 | 318 | 310 | 257 | ||
| Total current assets: | 15,080 | 12,777 | 13,612 | 14,266 | 15,571 | 15,151 | ||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 1,858 | 1,926 | 2,699 | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 5,445 | 5,152 | 5,938 | 5,786 | ||||
| Long-term investments and receivables | 1 | 43 | 290 | 282 | 236 | 371 | ||
| Accounts and financing receivable, after allowance for credit loss | 1 | 43 | 290 | 282 | 236 | 371 | ||
| Intangible assets, net (including goodwill) | 2,918 | 3,249 | 4,095 | 1,545 | 1,634 | 1,679 | ||
| Goodwill | 730 | 730 | 1,047 | 1,047 | 1,047 | 1,047 | ||
| Intangible assets, net (excluding goodwill) | 2,188 | 2,520 | 3,048 | 498 | 587 | 632 | ||
| Deferred income tax assets | 1,571 | 1,145 | 630 | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 62 | 264 | 56 | 57 | 63 | 75 | ||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 607 | 835 | 859 | ||
| Other undisclosed noncurrent assets | 364 | 396 | 498 | 3,679 | 4,434 | 4,826 | ||
| Total noncurrent assets: | 12,219 | 12,174 | 14,206 | 11,956 | 7,203 | 7,810 | ||
| Other undisclosed assets | 6,166 | 6,458 | ||||||
| TOTAL ASSETS: | 27,299 | 24,951 | 27,817 | 26,222 | 28,941 | 29,418 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 4,810 | 2,286 | 3,997 | 2,561 | 6,383 | 6,307 | ||
| Accounts payable | 2,421 | 1,297 | 2,242 | 897 | 1,648 | 1,820 | ||
| Accrued liabilities | 426 | 253 | 317 | 293 | 3,382 | 3,175 | ||
| Employee-related liabilities | 1,963 | 735 | 717 | 656 | 644 | 609 | ||
| Interest and dividends payable | 722 | 715 | 709 | 703 | ||||
| Deferred revenue | 190 | 195 | 196 | ✕ | ✕ | ✕ | ||
| Debt | 1,176 | 1,353 | 1,303 | |||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 451 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | 256 | ✕ | ✕ | ||
| Other undisclosed current liabilities | 1,118 | 1,300 | 1,414 | 742 | 472 | |||
| Total current liabilities: | 6,119 | 3,780 | 5,607 | 4,736 | 8,208 | 8,060 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 1,335 | 1,278 | 1,895 | 1,176 | 2,529 | |||
| Long-term debt, excluding current maturities | 1,176 | 2,529 | ||||||
| Operating lease, liability | 1,335 | 1,278 | 1,895 | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 930 | 925 | 960 | 1,096 | ||||
| Deferred revenue | 930 | 925 | 960 | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 1,096 | ✕ | ✕ | ||
| Total noncurrent liabilities: | 2,265 | 2,203 | 2,855 | 1,096 | 1,176 | 2,529 | ||
| Total liabilities: | 8,384 | 5,984 | 8,462 | 5,832 | 9,384 | 10,589 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 18,915 | 18,968 | 19,356 | 20,390 | 19,557 | 18,829 | ||
| Common stock | 6 | 6 | 6 | 6 | 6 | 6 | ||
| Additional paid in capital | 8,681 | 7,972 | 7,460 | 6,651 | 6,131 | 5,539 | ||
| Retained earnings | 10,228 | 10,990 | 11,890 | 13,733 | 13,420 | 13,284 | ||
| Total stockholders' equity: | 18,915 | 18,968 | 19,356 | 20,390 | 19,557 | 18,829 | ||
| TOTAL LIABILITIES AND EQUITY: | 27,299 | 24,951 | 27,817 | 26,222 | 28,941 | 29,418 | ||
Income Statement (P&L) ($ in thousands)
| 11/30/2021 TTM | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 23,784 | 23,481 | 31,850 | 34,545 | 38,075 | 38,296 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 29,877 | ||
| Cost of revenue | (16,629) | (16,119) | (18,215) | (20,600) | (21,177) | (20,736) | |
| Cost of goods and services sold | (637) | (888) | (958) | (881) | (749) | (5,019) | |
| Other undisclosed gross profit | (4,301) | (4,301) | (7,131) | (6,982) | (7,907) | (8,420) | |
| Gross profit: | 2,854 | 3,061 | 6,504 | 6,964 | 8,991 | 9,141 | |
| Operating expenses | (10,144) | (7,682) | (8,778) | (7,057) | (7,459) | (7,505) | |
| Other undisclosed operating income | 669 | 1,147 | 3,666 | 3,098 | 3,688 | 3,888 | |
| Operating income (loss): | (6,622) | (3,474) | 1,392 | 3,006 | 5,221 | 5,524 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 1,854 | 1,682 | 11 | (50) | (97) | (129) | |
| Interest and debt expense | 1,567 | 1,549 | (19) | (71) | (121) | (170) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (1,567) | (1,549) | 19 | 71 | 121 | 170 | |
| Income (loss) from continuing operations before income taxes: | (4,768) | (1,792) | 1,402 | 2,956 | 5,124 | 5,396 | |
| Income tax expense (benefit) | 1,609 | 892 | (369) | (717) | (2,160) | (1,946) | |
| Net income (loss) available to common stockholders, diluted: | (3,159) | (900) | 1,034 | 2,239 | 2,964 | 3,450 | |
Comprehensive Income ($ in thousands)
| 11/30/2021 TTM | 2/28/2021 | 2/29/2020 | 2/28/2019 | 2/28/2018 | 2/28/2017 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,159) | (900) | 1,034 | 2,239 | 2,964 | 3,450 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (3,159) | (900) | 1,034 | 2,239 | 2,964 | 3,450 | |
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.