Profire Energy, Inc. (PFIE) financial statements (2021 and earlier)

Company profile

Business Address 321 SOUTH 1250 WEST, SUITE 1
LINDON, UT 84042
State of Incorp. NV
Fiscal Year End December 31
SIC 3533 - Oil and Gas Field Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:410121144
Cash and cash equivalents97101121144
Short-term investments2454   
Other undisclosed cash, cash equivalents, and short-term investments(7)(10)(14)(15)   
Receivables4678499
Inventory, net of allowances, customer advances and progress billings81010611127
Inventory81010611127
Prepaid expense2200000
Deferred costs    00 
Assets held-for-sale, not part of disposal group1    
Other current assets0      
Other undisclosed current assets71014150(0)0
Total current assets:26283231373520
Noncurrent Assets
Finance lease, right-of-use asset00
Property, plant and equipment12128 894
Long-term investments and receivables678    
Long-term investments678    
Intangible assets, net (including goodwill)451 22
Goodwill331 11 
Intangible assets, net (excluding goodwill)220 11 
Other noncurrent assets   17   
Assets held-for-sale, long lived4
Other undisclosed noncurrent assets  0 01(4)
Total noncurrent assets:2224181710114
TOTAL ASSETS:48524948474725
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2544223
Accounts payable1312111
Accrued liabilities1211100
Employee-related liabilities  00   
Taxes payable 011002
Debt00     
Deferred tax liabilities   10
Other undisclosed current liabilities     (1) 
Total current liabilities:2544223
Noncurrent Liabilities
Long-term debt and lease obligation00     
Finance lease, liability00
Liabilities, other than long-term debt10     
Deferred income tax liabilities10
Other undisclosed noncurrent liabilities    11 
Total noncurrent liabilities:10  11 
Total liabilities:3644223
Stockholders' equity
Stockholders' equity attributable to parent45474544454521
Common stock0000000
Treasury stock, value(5)(5)(3)(7)   
Additional paid in capital3030282826266
Accumulated other comprehensive loss(2)(2)(3)(2)(2)(2)(0)
Retained earnings23252326212115
Total stockholders' equity:45474544454521
TOTAL LIABILITIES AND EQUITY:48524948474725

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues21394638275135
Revenue, net38275135
Cost of revenue
(Cost of Goods and Services Sold)
(12)(19)(23)(18)(13)(24)(15)
Other undisclosed gross profit     (0) 
Gross profit:10202320142720
Operating expenses(13)(16)(15)(13)(14)(19)(11)
Other operating income, net     00
Other undisclosed operating loss     (0)(0)
Operating income (loss):(3)387(0)99
Nonoperating income0010000
Investment income, nonoperating0010000
Other nonoperating income (expense)(0)0(0)    
Interest and debt expense(0)(0)    0
Income (loss) from continuing operations before equity method investments, income taxes:(3)497099
Other undisclosed income (loss) from continuing operations before income taxes00 000(0)
Income (loss) from continuing operations before income taxes:(3)497099
Income tax expense (benefit)0(2)(3)(3)(0)(3)(3)
Net income (loss) available to common stockholders, diluted:(2)264066

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):(2)264066
Other comprehensive income (loss)00(1)1   
Comprehensive income (loss):(2)355066
Other undisclosed comprehensive loss, net of tax, attributable to parent    (0)(2)(1)
Comprehensive income (loss), net of tax, attributable to parent:(2)355(0)45

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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