Paradise Inc (PARF) financial statements (2023 and earlier)
Company profile
| Business Address |
1200 DR MARTIN LUTHER KING JR BLVD PLANT CITY, FL 33563 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| SIC | 206 - Sugar And Confectionery Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 8,036 | 8,668 | 9,241 | 8,792 | 7,788 | 5,916 | ||
| Cash and cash equivalents | 8,036 | 8,668 | 9,241 | 8,792 | 7,788 | 5,916 | ||
| Receivables | 1,994 | 1,871 | 2,109 | 2,182 | 3,047 | 2,369 | ||
| Inventory, net of allowances, customer advances and progress billings | 9,332 | 9,529 | 8,305 | 8,180 | 7,485 | 8,838 | ||
| Inventory | 9,332 | 9,529 | 8,305 | 8,180 | 7,485 | 8,838 | ||
| Other undisclosed current assets | 433 | 434 | 540 | 636 | 663 | 914 | ||
| Total current assets: | 19,794 | 20,501 | 20,194 | 19,790 | 18,982 | 18,038 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 4,127 | 4,272 | 4,163 | 3,924 | 3,474 | 3,817 | ||
| Intangible assets, net (including goodwill) | 413 | 413 | (845) | 475 | 601 | 727 | ||
| Goodwill | 413 | 413 | 413 | 413 | 413 | 413 | ||
| Intangible assets, net (excluding goodwill) | (1,258) | 62 | 188 | 314 | ||||
| Other noncurrent assets | 345 | |||||||
| Deferred tax assets, net | 126 | |||||||
| Other undisclosed noncurrent assets | 323 | 1,652 | 392 | 451 | 284 | |||
| Total noncurrent assets: | 4,990 | 5,030 | 4,970 | 4,792 | 4,526 | 4,828 | ||
| TOTAL ASSETS: | 24,784 | 25,532 | 25,164 | 24,583 | 23,509 | 22,866 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 1,420 | 1,468 | 1,498 | 1,460 | 1,721 | 1,718 | ||
| Accounts payable | 931 | 639 | 809 | 616 | 603 | 308 | ||
| Accrued liabilities | 488 | 829 | 689 | 844 | 819 | 924 | ||
| Employee-related liabilities | 220 | 486 | ||||||
| Taxes payable | 78 | |||||||
| Debt | 284 | 542 | 43 | 583 | 113 | |||
| Contract with customer, liability | 333 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | (298) | (486) | ||||||
| Total current liabilities: | 2,037 | 2,009 | 1,541 | 2,043 | 1,536 | 1,232 | ||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 84 | 370 | 315 | 204 | 297 | |||
| Deferred tax liabilities, net | 84 | 370 | 315 | 204 | 297 | |||
| Total noncurrent liabilities: | 84 | 370 | 315 | 204 | 297 | |||
| Total liabilities: | 2,037 | 2,093 | 1,910 | 2,358 | 1,739 | 1,529 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 22,747 | 23,439 | 23,254 | 22,225 | 21,769 | 21,337 | ||
| Common stock | 175 | 175 | 175 | 175 | 175 | 175 | ||
| Treasury stock, value | (273) | (273) | (273) | (273) | (273) | (273) | ||
| Additional paid in capital | 1,289 | 1,289 | 1,289 | 1,289 | 1,289 | 1,289 | ||
| Retained earnings | 21,556 | 22,248 | 22,063 | 21,034 | 20,579 | 20,146 | ||
| Total stockholders' equity: | 22,747 | 23,439 | 23,254 | 22,225 | 21,769 | 21,337 | ||
| TOTAL LIABILITIES AND EQUITY: | 24,784 | 25,532 | 25,164 | 24,583 | 23,509 | 22,866 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 20,135 | 21,518 | 23,230 | 23,734 | 25,235 | 24,056 | |
| Revenue, net | ✕ | 21,518 | 23,230 | 23,734 | 25,183 | 24,056 | |
| Cost of revenue | (16,887) | (17,128) | (17,191) | (18,145) | (20,419) | (18,818) | |
| Cost of goods and services sold | (16,869) | (17,122) | (17,122) | (18,005) | (20,419) | (18,818) | |
| Gross profit: | 3,248 | 4,390 | 6,040 | 5,589 | 4,816 | 5,238 | |
| Operating expenses | (3,956) | (3,940) | (4,276) | (4,791) | (4,663) | (4,857) | |
| Other undisclosed operating income | 568 | 490 | |||||
| Operating income (loss): | (708) | 450 | 1,764 | 798 | 721 | 871 | |
| Nonoperating income | 354 | ||||||
| Interest and debt expense | (18) | (6) | (2) | (8) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 9 | 14 | 4 | 20 | 55 | 8 | |
| Income (loss) from continuing operations before income taxes: | (718) | 459 | 1,768 | 818 | 773 | 1,225 | |
| Income tax expense (benefit) | 104 | (144) | (662) | (306) | (284) | (443) | |
| Net income (loss) available to common stockholders, diluted: | (614) | 315 | 1,107 | 513 | 490 | 782 | |
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (614) | 315 | 1,107 | 513 | 490 | 782 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (614) | 315 | 1,107 | 513 | 490 | 782 | |
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.