IntriCon Corporation (IIN) financial statements (2023 and earlier)
Company profile
| Business Address |
1260 RED FOX ROAD ARDEN HILLS, MN 55112 |
| State of Incorp. | PA |
| Fiscal Year End | December 31 |
| SIC | 367 - Electronic Components And Accessories (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 25,004 | 28,401 | 23,451 | 38,093 | 373 | 667 | 369 | ||
| Cash and cash equivalents | 5,584 | 8,608 | 373 | 667 | 369 | ||||
| Short-term investments | 19,420 | 19,793 | 23,451 | 38,093 | |||||
| Restricted cash and investments | 645 | 672 | 644 | 595 | 610 | ||||
| Receivables | 8,257 | 10,115 | 8,993 | 11,479 | 9,052 | 7,289 | 8,578 | ||
| Inventory, net of allowances, customer advances and progress billings | 24,456 | 19,513 | 16,377 | 18,981 | 15,397 | 12,343 | 14,472 | ||
| Inventory | 24,456 | 19,513 | 16,377 | 18,981 | 15,397 | 12,343 | 14,472 | ||
| Contract with customer, asset | 11,455 | 5,624 | ✕ | ✕ | ✕ | ||||
| Disposal group, including discontinued operation | 80 | 123 | |||||||
| Other current assets | 4,564 | 1,466 | 1,975 | 2,320 | 1,544 | 957 | 860 | ||
| Other undisclosed current assets | 9,107 | 19,399 | 8,047 | ||||||
| Total current assets: | 74,381 | 69,274 | 70,275 | 84,544 | 27,010 | 21,974 | 24,889 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,138 | 6,701 | 4,372 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 13,837 | 14,177 | 13,551 | 11,732 | 7,175 | 6,606 | 6,742 | ||
| Long-term investments and receivables | 5,031 | 5,655 | 9,789 | 2,091 | 1,616 | 146 | 224 | ||
| Long-term investments | 5,031 | 5,655 | 9,789 | 2,091 | 1,616 | 146 | 224 | ||
| Intangible assets, net (including goodwill) | 22,872 | 24,499 | 9,551 | 13,393 | 13,548 | 13,475 | 9,551 | ||
| Goodwill | 13,873 | 13,714 | 9,551 | 10,808 | 10,808 | 10,555 | 9,551 | ||
| Intangible assets, net (excluding goodwill) | 8,999 | 10,785 | 2,585 | 2,740 | 2,920 | ||||
| Other noncurrent assets | 1,200 | 990 | 6,055 | 3,488 | 3,835 | 1,557 | 480 | ||
| Total noncurrent assets: | 48,078 | 52,022 | 43,318 | 30,704 | 26,174 | 21,784 | 16,997 | ||
| TOTAL ASSETS: | 122,459 | 121,296 | 113,593 | 115,248 | 53,184 | 43,758 | 41,886 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 18,401 | 16,486 | 15,019 | 21,647 | 16,760 | 11,049 | 11,623 | ||
| Accounts payable | 9,398 | 8,670 | 9,876 | 13,191 | 10,423 | 6,722 | 7,785 | ||
| Accrued liabilities | 3,818 | 4,235 | 2,869 | 4,047 | 3,224 | 1,914 | 1,279 | ||
| Employee-related liabilities | 5,185 | 3,581 | 2,274 | 4,409 | 3,113 | 2,413 | 2,559 | ||
| Debt | 4 | 21 | 1,830 | 2,040 | 2,346 | 1,908 | |||
| Estimated litigation liability | 1,300 | ||||||||
| Disposal group, including discontinued operation | 77 | 123 | |||||||
| Other undisclosed current liabilities | 507 | 2,156 | 55 | ||||||
| Total current liabilities: | 20,212 | 18,663 | 16,926 | 21,647 | 18,800 | 13,518 | 13,586 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,431 | 4,726 | 2,967 | 9,321 | 9,284 | 7,929 | |||
| Long-term debt, excluding current maturities | 9,321 | 9,284 | 7,929 | ||||||
| Finance lease, liability | 30 | ✕ | ✕ | ✕ | ✕ | ||||
| Operating lease, liability | 3,431 | 4,726 | 2,937 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 5,066 | 6,708 | 3,208 | 1,627 | 4,399 | 1,945 | 662 | ||
| Deferred income tax liabilities | 873 | 1,018 | ✕ | ✕ | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 1,093 | 1,292 | 1,037 | 1,083 | 1,227 | 1,238 | 542 | ||
| Other liabilities | 3,100 | 4,398 | 2,171 | 544 | 3,172 | 707 | 120 | ||
| Other undisclosed noncurrent liabilities | 812 | ||||||||
| Total noncurrent liabilities: | 8,497 | 11,434 | 6,175 | 1,627 | 13,720 | 11,229 | 9,403 | ||
| Total liabilities: | 28,709 | 30,097 | 23,101 | 23,274 | 32,520 | 24,747 | 22,989 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 93,655 | 91,164 | 90,745 | 92,227 | 20,917 | 18,556 | 18,897 | ||
| Common stock | 9,179 | 8,951 | 8,781 | 8,664 | 6,900 | 6,820 | 5,981 | ||
| Additional paid in capital | 91,785 | 89,702 | 86,770 | 84,999 | 21,581 | 21,383 | 17,721 | ||
| Accumulated other comprehensive loss | (393) | (679) | (520) | (927) | (733) | (1,014) | (721) | ||
| Accumulated deficit | (6,916) | (6,810) | (4,286) | (509) | (6,831) | (8,633) | (4,046) | ||
| Other undisclosed stockholders' equity attributable to parent | (38) | ||||||||
| Stockholders' equity attributable to noncontrolling interest | 95 | 35 | (253) | (253) | (253) | 455 | |||
| Other undisclosed stockholders' equity | 38 | ||||||||
| Total stockholders' equity: | 93,750 | 91,199 | 90,492 | 91,974 | 20,664 | 19,011 | 18,935 | ||
| Other undisclosed liabilities and equity | (38) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 122,459 | 121,296 | 113,593 | 115,248 | 53,184 | 43,758 | 41,886 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 125,206 | 102,773 | 113,493 | 116,462 | 88,310 | 68,009 | 69,739 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 88,310 | 68,009 | 69,739 | |
| Cost of revenue (Cost of Goods and Services Sold) | (93,821) | (76,598) | (82,507) | (79,299) | (61,819) | (50,937) | (50,736) | |
| Gross profit: | 31,385 | 26,175 | 30,986 | 37,163 | 26,491 | 17,072 | 19,003 | |
| Operating expenses | (30,898) | (29,250) | (33,026) | (30,049) | (24,244) | (18,674) | (16,237) | |
| Operating income (loss): | 487 | (3,075) | (2,040) | 7,114 | 2,247 | (1,602) | 2,766 | |
| Nonoperating income (expense) | (395) | 316 | (743) | (769) | (367) | (602) | (261) | |
| Investment income, nonoperating | 241 | |||||||
| Foreign currency transaction loss, before tax | (173) | |||||||
| Other nonoperating income (expense) | 316 | (743) | (769) | (367) | (602) | (261) | ||
| Interest and debt expense | (1) | (3) | (10) | (314) | (716) | (553) | (369) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 91 | (2,762) | (2,793) | 6,031 | 1,164 | (2,757) | 2,136 | |
| Other undisclosed income (loss) from continuing operations before income taxes | (20) | 334 | 930 | |||||
| Income (loss) from continuing operations before income taxes: | 71 | (2,428) | (1,863) | 6,031 | 1,164 | (2,757) | 2,136 | |
| Income tax expense | (135) | (61) | (201) | (484) | (8) | (217) | (19) | |
| Income (loss) from continuing operations: | (64) | (2,489) | (2,064) | 5,547 | 1,156 | (2,974) | 2,117 | |
| Loss from discontinued operations | (597) | (128) | (1,770) | |||||
| Income (loss) before gain (loss) on sale of properties: | (64) | (2,489) | (2,661) | 5,547 | 1,028 | (4,744) | 2,117 | |
| Other undisclosed net loss | (1,116) | (164) | ||||||
| Net income (loss): | (64) | (2,489) | (3,777) | 5,547 | 864 | (4,744) | 2,117 | |
| Net income (loss) attributable to noncontrolling interest | (42) | (35) | 938 | 157 | (111) | |||
| Other undisclosed net income attributable to parent | 222 | |||||||
| Net income (loss) available to common stockholders, diluted: | (106) | (2,524) | (3,777) | 5,547 | 1,802 | (4,587) | 2,228 | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (64) | (2,489) | (3,777) | 5,547 | 864 | (4,744) | 2,117 | |
| Other comprehensive income (loss) | 286 | 407 | (194) | |||||
| Comprehensive income (loss): | 222 | (2,489) | (3,370) | 5,353 | 864 | (4,744) | 2,117 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (42) | (35) | 938 | 157 | (111) | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (124) | (657) | (450) | (208) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 180 | (2,648) | (3,370) | 5,353 | 1,145 | (5,037) | 1,798 | |
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.