S&W Seed Company (SANW) financial statements (2022 and earlier)

Company profile

Business Address 2101 KEN PRATT BLVD.
LONGMONT, CO 80501
State of Incorp. NV
Fiscal Year End June 30
SIC 01 - Agricultural Production Crops (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,7223,5284,1233,4324,3217456,905
Cash and cash equivalents2,7223,5284,1233,4324,3217456,905
Receivables16,42119,38919,02313,38013,86223,23927,620
Inventory, net of allowances, customer advances and progress billings67,70163,39563,88371,29660,41931,49021,846
Inventory67,70163,39563,88371,29660,41931,49021,846
Assets held-for-sale, not part of disposal group   1,850   
Other undisclosed current assets1,3621,5561,3751,6871,2801,2501,218
Total current assets:88,20687,86888,40491,64579,88256,72457,589
Noncurrent Assets
Property, plant and equipment17,67817,74120,49420,63513,18013,58213,122
Intangible assets, net (including goodwill)37,27138,78340,29332,71443,40245,23146,777
Goodwill1,6001,6521,509 10,29210,29210,292
Intangible assets, net (excluding goodwill)35,67137,13138,78432,71433,11034,93936,485
Other noncurrent assets7,0977,0796,765    
Other undisclosed noncurrent assets   1,3701,3031,5639,517
Total noncurrent assets:62,04563,60367,55254,71957,88560,37669,416
TOTAL ASSETS:150,251151,471155,956146,364137,767117,100127,005
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities25,41925,08317,66513,0049,0509,89116,689
Accounts payable16,72715,9488,0466,9315,9357,15814,304
Accrued liabilities8,6919,1359,6196,0733,1152,7342,385
Deferred revenue5,8883856,172
Debt8,5081,6811,7811,11450310,310275
Due to related parties     332396
Deferred revenue and credits212880510
Contract with customer, liability9,055
Other liabilities    100  
Other undisclosed current liabilities15,15333,94726,98310,75632,53029,90023,528
Total current liabilities:54,96861,09652,60033,92842,39651,31341,398
Noncurrent Liabilities
Long-term debt and lease obligation, including:26,65211,59114,32912,15812,9771,09611,114
Long-term debt, excluding current maturities22,344   12,9771,09611,114
Finance lease, liability7841,1091,643
Capital lease obligations1,709   
Operating lease, liability3,5243,2983,243
Other undisclosed long-term debt and lease obligation 7,1849,44310,449   
Liabilities, other than long-term debt3,7413,6503,4272806523,4704,463
Accounts payable and accrued liabilities   280652633109
Other liabilities3,7413,6503,427    
Derivative instruments and hedges, liabilities     2,8374,354
Other undisclosed noncurrent liabilities7307424,264   2,268
Total noncurrent liabilities:31,12315,98222,01912,43913,6294,56617,845
Total liabilities:86,09077,07874,62046,36656,02555,87959,244
Stockholders' equity
Stockholders' equity attributable to parent, including:64,32674,55881,591100,18081,74261,22267,761
Common stock39373333241817
Additional paid in capital155,853149,684137,810136,752108,80483,31378,282
Accumulated other comprehensive loss(6,059)(5,851)(6,111)(6,138)(5,791)(5,538)(5,790)
Accumulated deficit(85,507)(69,312)(50,141)(30,467)(21,161)(16,436)(4,614)
Other undisclosed stockholders' equity attributable to parent    (134)(134)(134)
Stockholders' equity attributable to noncontrolling interest(32)(31)(120)(48)   
Other undisclosed stockholders' equity(134)(134)(134)(134)   
Total stockholders' equity:64,16174,39381,33699,99881,74261,22267,761
TOTAL LIABILITIES AND EQUITY:150,251151,471155,956146,364137,767117,100127,005

Income statement (P&L) ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues137,77484,04979,582109,72364,08675,37496,044
Revenue, net64,08675,37496,044
Revenue from related parties70,00070,000  
Cost of revenue(68,661)(70,372)(64,648)(69,014)(49,332)(59,233)(77,654)
Cost of goods and services sold(68,661)(70,372)(64,648)(69,014)(482)  
Other undisclosed gross profit(54,468)      
Gross profit:14,64513,67714,93440,70814,75316,14118,391
Operating expenses(35,920)(33,946)(33,698)(45,702)(17,747)(18,549)(16,347)
Operating income (loss):(21,276)(20,269)(18,764)(4,994)(2,994)(2,408)2,043
Nonoperating income (expense)(431)94(99)994441,5162,130
Foreign currency transaction gain (loss), before tax(431)94(99)9913(1)227
Other nonoperating income    4311,5181,904
Interest and debt expense(2,972)(2,973)(2,667)(3,227)(2,032)(2,501)(5,986)
Loss from continuing operations before equity method investments, income taxes:(24,679)(23,148)(21,529)(8,121)(4,582)(3,393)(1,812)
Loss from equity method investments     (145)(294)
Other undisclosed income (loss) from continuing operations before income taxes4,9814,0172,168(1,380) (656)68
Loss from continuing operations before income taxes:(19,698)(19,131)(19,361)(9,502)(4,582)(4,194)(2,038)
Income tax expense (benefit)(23)24(386)149(143)(7,628)2,403
Net income (loss):(19,721)(19,107)(19,747)(9,353)(4,725)(11,822)365
Net income (loss) attributable to noncontrolling interest(6)(64)7348   
Net income (loss) available to common stockholders, diluted:(19,727)(19,171)(19,674)(9,305)(4,725)(11,822)365

Comprehensive Income ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net income (loss):(19,721)(19,107)(19,747)(9,353)(4,725)(11,822)365
Other comprehensive income  27   693
Other undisclosed comprehensive income (loss)(481)261 (348)   
Comprehensive income (loss):(20,202)(18,846)(19,720)(9,701)(4,725)(11,822)1,058
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6)(64)7348   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    (252)251(1,386)
Comprehensive loss, net of tax, attributable to parent:(20,208)(18,910)(19,647)(9,653)(4,977)(11,571)(328)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: