Espey Mfg. & Electronics Corp. (ESP) financial statements (2023 and earlier)

Company profile

Business Address 233 BALLSTON AVE
SARATOGA SPRINGS, NY 12866
State of Incorp. NY
Fiscal Year End June 30
SIC 3679 - Electronic Components, Not Elsewhere Classified (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 investments7,0189,89510,5447,14715,82019,48515,612
Cash and cash equivalents7,0186,8035,4021,4634,29910,05810,032
Short-term investments 3,0925,1425,68411,5219,4275,580
Receivables5,1415,6039,01310,9964,5403,5205,287
Inventory, net of allowances, customer advances and progress billings19,32918,79214,78813,22511,2038,31210,715
Inventory19,32918,79214,78813,22511,3069,67910,734
Progress payments netted against inventory for long-term contracts or programs    (103)(1,367)(18)
Other undisclosed current assets3,8667003974941,3951,911491
Total current assets:35,35434,99034,74231,86232,95833,22932,104
Noncurrent Assets
Property, plant and equipment2,8342,9913,4673,8253,7592,2652,349
Total noncurrent assets:2,8342,9913,4673,8253,7592,2652,349
TOTAL ASSETS:38,18837,98138,20935,68836,71635,49434,453
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,395      
Accounts payable2,585      
Employee-related liabilities1,810      
Deferred revenue2,905  
Other undisclosed current liabilities 7,4806,7493,4853,2173,3761,861
Total current liabilities:7,3007,4806,7493,4853,2173,3761,861
Noncurrent Liabilities
Liabilities, other than long-term debt 16923327718221203
Deferred tax liabilities, net27718221203
Deferred income tax liabilities 169233
Other undisclosed noncurrent liabilities1357,4806,7493,4853,2173,3761,861
Total noncurrent liabilities:1357,6496,9823,7623,2353,5962,065
Total liabilities:7,43415,12813,7317,2476,4526,9723,926
Stockholders' equity
Stockholders' equity attributable to parent, including:30,75430,33231,22731,92633,48131,89832,388
Common stock1,0431,0431,0101,0101,0101,0101,010
Treasury stock, value(6,039)(6,039)(7,651)(7,633)(7,719)(7,779)(7,803)
Additional paid in capital23,12123,02619,07318,73218,20217,65017,253
Accumulated other comprehensive loss(2)(2)(3)(1)(6)(4)(1)
Retained earnings17,74217,41518,79820,02222,41621,67022,821
Other undisclosed stockholders' equity attributable to parent(5,111)(5,111) (205)(421)(650)(891)
Total stockholders' equity:30,75430,33231,22731,92633,48131,89832,388
Other undisclosed liabilities and equity (7,480)(6,749)(3,485)(3,217)(3,376)(1,861)
TOTAL LIABILITIES AND EQUITY:38,18837,98138,20935,68836,71635,49434,453

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
Revenues28,51127,73531,52636,47832,51822,52127,471
Revenue, net 22,52127,471
Cost of revenue(24,432)(24,375)(25,968)(29,415)(24,856)(17,806)(20,100)
Cost of goods and services sold     (17,806)(20,100)
Gross profit:4,0793,3605,5597,0637,6624,7157,372
Operating expenses(4,107)(3,786)(4,386)(4,410)(3,808)(3,188)(3,028)
Operating income (loss):(28)(426)1,1722,6533,8541,5264,343
Nonoperating income5558137229215125119
Investment income, nonoperating8211101681618934
Other nonoperating income48372761553685
Income (loss) from continuing operations before income taxes:28(368)1,3092,8824,0691,6514,463
Income tax expense (benefit)109187(146)(539)(993)(516)(1,287)
Net income (loss) available to common stockholders, diluted:137(182)1,1642,3433,0761,1363,176

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):137(182)1,1642,3433,0761,1363,176
Comprehensive income (loss):137(182)1,1642,3433,0761,1363,176
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)1(2)5(3)(2)3
Comprehensive income (loss), net of tax, attributable to parent:137(181)1,1622,3483,0731,1343,179

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.

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