Unique Fabricating, Inc. (UFAB) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
800 STANDARD PARKWAY AUBURN HILLS, MI 48326 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 742 | 760 | 650 | 1,410 | 1,431 | 706 | |||
| Cash and cash equivalents | 742 | 760 | 650 | 1,410 | 1,431 | 706 | |||
| Receivables | 27,207 | 27,786 | 25,750 | 31,814 | 27,850 | 27,671 | |||
| Inventory, net of allowances, customer advances and progress billings | 13,770 | 11,951 | 13,047 | 16,286 | 16,330 | 16,732 | |||
| Inventory | 13,770 | 11,951 | 13,047 | 16,286 | 16,330 | 16,732 | |||
| Asset, held-for-sale, not part of disposal group | 1,003 | ||||||||
| Other undisclosed current assets | 3,270 | 5,643 | 2,108 | 2,511 | 3,962 | 2,087 | |||
| Total current assets: | 44,989 | 46,140 | 42,558 | 52,021 | 49,573 | 47,195 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 9,776 | 10,415 | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 22,567 | 22,383 | 23,415 | 25,078 | 22,975 | 21,198 | |||
| Long-term investments and receivables | 1,054 | 1,054 | 1,054 | 1,054 | 1,054 | ||||
| Long-term investments | 1,054 | 1,054 | 1,054 | 1,054 | 1,054 | ||||
| Intangible assets, net (including goodwill) | 22,157 | 29,716 | 33,736 | 44,440 | 48,507 | 52,630 | |||
| Goodwill | 16,996 | 22,111 | 22,111 | 28,871 | 28,871 | 28,871 | |||
| Intangible assets, net (excluding goodwill) | 5,161 | 7,605 | 11,625 | 15,568 | 19,636 | 23,758 | |||
| Regulated entity, other noncurrent assets | 248 | 400 | 382 | 232 | |||||
| Deferred income tax assets | 2,379 | 893 | 679 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 507 | 179 | 226 | 1,367 | 464 | 460 | |||
| Total noncurrent assets: | 58,688 | 65,040 | 59,110 | 71,266 | 73,233 | 75,342 | |||
| TOTAL ASSETS: | 103,677 | 111,180 | 101,668 | 123,287 | 122,805 | 122,537 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,986 | 16,439 | 12,528 | 15,786 | 15,925 | 17,863 | |||
| Taxes payable | ✕ | 303 | 204 | 41 | 349 | 611 | |||
| Employee-related liabilities | ✕ | 1,149 | 792 | 1,225 | 2,848 | 2,841 | 2,734 | ||
| Accounts payable | 10,056 | 10,892 | 9,324 | 11,465 | 11,708 | 13,452 | |||
| Accrued liabilities | 3,478 | 4,551 | 1,979 | 1,432 | 1,027 | 1,066 | |||
| Debt | 48,425 | 47,358 | 2,847 | 3,350 | 3,800 | 2,405 | |||
| Other liabilities | 169 | ||||||||
| Total current liabilities: | 63,411 | 63,797 | 15,375 | 19,136 | 19,725 | 20,437 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,999 | 44,638 | 52,573 | 49,765 | 48,205 | ||||
| Long-term debt, excluding current maturities | 2,999 | 44,638 | 52,573 | 49,765 | 48,205 | ||||
| Liabilities, other than long-term debt, including: | 9,139 | 10,519 | 871 | 395 | |||||
| Deferred income tax liabilities | 1,324 | ✕ | ✕ | ✕ | |||||
| Other liabilities | 9,139 | 10,519 | |||||||
| Other undisclosed liabilities, other than long-term debt | (453) | 395 | |||||||
| Other undisclosed noncurrent liabilities | 1,324 | 2,295 | 2,433 | 3,836 | |||||
| Total noncurrent liabilities: | 9,139 | 13,518 | 46,833 | 55,263 | 52,198 | 52,041 | |||
| Total liabilities: | 72,550 | 77,315 | 62,208 | 74,399 | 71,923 | 72,478 | |||
| Equity | |||||||||
| Equity, attributable to parent | 31,127 | 33,865 | 39,460 | 48,888 | 50,882 | 50,059 | |||
| Common stock | 12 | 10 | 10 | 10 | 10 | 10 | |||
| Additional paid in capital | 50,349 | 46,126 | 46,011 | 45,882 | 45,713 | 45,525 | |||
| Retained earnings (accumulated deficit) | (19,234) | (12,271) | (6,561) | 2,997 | 5,160 | 4,524 | |||
| Total equity: | 31,127 | 33,865 | 39,460 | 48,888 | 50,882 | 50,059 | |||
| TOTAL LIABILITIES AND EQUITY: | 103,677 | 111,180 | 101,668 | 123,287 | 122,805 | 122,537 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 125,669 | 120,214 | 152,489 | 174,910 | 175,288 | 170,463 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 175,288 | 170,463 | |
| Cost of revenue (Cost of Goods and Services Sold) | (108,950) | (99,543) | (120,981) | (135,575) | (135,234) | (130,918) | ||
| Gross profit: | 16,719 | 20,671 | 31,508 | 39,335 | 40,054 | 39,544 | ||
| Operating expenses | (27,681) | (26,714) | (36,263) | (30,937) | (29,767) | (27,560) | ||
| Operating income (loss): | (10,962) | (6,043) | (4,755) | 8,398 | 10,287 | 11,985 | ||
| Nonoperating income (expense) | 3,147 | (3,451) | (4,276) | (3,837) | (2,667) | (2,043) | ||
| Other nonoperating income (expense) | 6,153 | 157 | 11 | (109) | 79 | 92 | ||
| Interest and debt expense | 6,000 | (3,608) | (4,287) | (59) | (2,746) | (60) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3,608 | 4,287 | 59 | 2,746 | 60 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,815) | (9,494) | (9,031) | 4,561 | 7,620 | 9,942 | ||
| Other undisclosed loss from continuing operations before income taxes | (6,000) | |||||||
| Income (loss) from continuing operations before income taxes: | (7,815) | (9,494) | (9,031) | 4,561 | 7,620 | 9,942 | ||
| Income tax expense (benefit) | 852 | 3,784 | (37) | (862) | (1,133) | (3,258) | ||
| Income (loss) from continuing operations: | (6,963) | (5,710) | (9,068) | 3,699 | 6,487 | 6,684 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (6,963) | (5,710) | (9,068) | 3,699 | 6,487 | 6,684 | |
| Net income (loss) available to common stockholders, diluted: | (6,963) | (5,710) | (9,068) | 3,699 | 6,487 | 6,684 | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (6,963) | (5,710) | (9,068) | 3,699 | 6,487 | 6,684 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,963) | (5,710) | (9,068) | 3,699 | 6,487 | 6,684 | ||
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.