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ARTS WAY MANUFACTURING CO INC

CIK: 7623 SIC: 3523
$24.08M
Revenue
$2.51M
Net Income
31.36%
Gross Margin
5.72%
Op. Margin
$1.45M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 13 of 43 quarterly reports available
Breakdown Q3 2025
(Aug 31, 2025)
Q2 2025
(May 31, 2025)
Q1 2025
(Feb 28, 2025)
Q4 2024
(Nov 30, 2024)
Q3 2024
(Aug 31, 2024)
Q2 2024
(May 31, 2024)
Q1 2024
(Feb 29, 2024)
Q4 2023
(Nov 30, 2023)
Q3 2023
(Aug 31, 2023)
Q2 2023
(May 31, 2023)
Q1 2023
(Feb 28, 2023)
Q4 2022
(Nov 30, 2022)
Q3 2022
(Aug 31, 2022)
+ Total Revenue $6.43M $6.34M $5.14M $6.17M $5.88M $6.73M $5.72M $6.85M $8.12M $9.01M $7.89M $7.37M $8.14M
Revenue Growth % (YoY) 9.5% -5.8% -10.2% -10.0% -27.6% -25.3% -27.5% -7.0% -0.3% nan% nan% nan% nan%
Cost of Revenue $4.67M $4.28M $3.64M $3.94M $4.18M $4.82M $4.25M $4.94M $5.82M $6.66M $5.55M $5.49M $6.10M
+ Gross Profit $1.77M $2.06M $1.50M $2.23M $1.70M $1.91M $1.47M $1.91M $2.30M $2.33M $2.35M $1.88M $2.04M
Gross Margin % 27.5% 32.5% 29.1% 36.1% 28.9% 28.3% 25.7% 27.9% 28.3% 25.9% 29.8% 25.5% 25.1%
Operating Expenses $1.42M $1.55M $1.49M $1.71M $1.55M $1.74M $1.85M $1.83M $1.83M $1.91M $1.80M $1.86M $1.61M
+ Operating Income $344.73K $510.65K $2.48K $518.32K $153.69K $168.77K $-380.08K $86.57K $468.22K $418.61K $548.59K $17.89K $430.81K
Operating Margin % 5.4% 8.1% 0.0% 8.4% 2.6% 2.5% -6.6% 1.3% 5.8% 4.6% 6.9% 0.2% 5.3%
Interest Expense $259.02K $157.13K $68.03K $124.87K $476.81K $323.63K $165.64K $170.20K $160.79K $163.02K $127.50K $147.06K $132.72K
Other Income/Expense $60.20K $1.46M $2.79K $16.59K $-4.17K $-14.27K $8.69K $6.43K $-2.53K $132.51K $12.31K $237.99K $3.21K
Income Before Tax $321.26K $1.88M $-70.41K $407.30K $-483.00 $-5.27K $-537.04K $-77.20K $304.90K $388.18K $433.39K $108.82K $301.30K
Income Tax Expense $67.15K $393.81K $-14.65K $75.11K $-2.71K $-613.00 $-112.78K $80.94K $64.03K $81.52K $91.18K $17.43K $63.52K
+ Net Income $254.11K $1.48M $-55.76K $831.93K $-26.20K $-33.34K $-465.04K $-307.88K $-74.03K $306.66K $342.21K $91.39K $237.78K
Net Margin % 4.0% 23.4% -1.1% 13.5% -0.4% -0.5% -8.1% -4.5% -0.9% 3.4% 4.3% 1.2% 2.9%
Breakdown Q3 2025
(Aug 31, 2025)
Q2 2025
(May 31, 2025)
Q1 2025
(Feb 28, 2025)
Q4 2024
(Nov 30, 2024)
Q3 2024
(Aug 31, 2024)
Q2 2024
(May 31, 2024)
Q1 2024
(Feb 29, 2024)
Q4 2023
(Nov 30, 2023)
Q3 2023
(Aug 31, 2023)
Q2 2023
(May 31, 2023)
Q1 2023
(Feb 28, 2023)
Q4 2022
(Nov 30, 2022)
Q3 2022
(Aug 31, 2022)
Cash & Cash Equivalents $5.96K $4.53K $4.13K $1.86K $5.12K $4.49K $2.48K $4.01K $4.22K $2.30K $4.01K $5.05K $4.14K
Accounts Receivable $2.02M $1.84M $1.41M $2.37M $2.94M $2.65M $3.05M $3.43M $4.46M $3.94M $3.67M $2.72M $3.82M
Inventory $11.24M $10.78M $10.88M $10.33M $10.69M $10.50M $10.98M $11.03M $10.83M $11.38M $11.60M $10.61M $10.50M
Other Current Assets $254.41K $330.15K $419.93K $208.47K $361.07K $416.11K $529.50K $296.66K $347.97K $220.38K $436.38K $343.62K $430.31K
Total Current Assets $14.18M $13.29M $13.00M $13.12M $14.05M $13.62M $14.71M $15.09M $16.31M $15.86M $15.81M $14.13M $14.95M
Property Plant & Equipment - - - $5.15M - - - - - $6.29M $6.33M $6.18M $5.95M
Other Non-current Assets $407.79K $402.87K $398.43K $436.18K $476.08K $525.16K $574.19K $583.75K $503.61K $666.26K $588.63K $630.25K $671.82K
Total Assets $21.82M $20.88M $21.00M $21.24M $23.47M $23.17M $24.25M $24.40M $25.56M $25.47M $25.60M $23.95M $24.72M
Accounts Payable $1.18M $1.25M $945.22K $944.45K $870.27K $1.02M $1.15M $2.26M $2.88M $2.26M $2.50M $2.63M $2.54M
Accrued Liabilities $933.97K $960.08K $856.89K $1.30M $1.11M $1.02M $1.02M $1.40M $1.14M $1.23M $1.30M $1.28M $1.27M
Deferred Revenue $72.77K $206.23K $991.66K $180.60K $162.93K $169.42K $1.09M $416.04K $420.34K $561.82K $2.80M $828.57K $1.30M
Total Current Liabilities $5.58M $4.88M $6.50M $6.63M $9.06M $8.71M $9.74M $9.40M $10.20M $9.89M $10.61M $9.27M $10.26M
Long-term Debt $1.88M $1.91M $1.94M $1.98M $2.54M $2.57M $2.60M $2.63M $2.66M $2.85M $2.87M $2.90M $2.91M
Total Liabilities $7.90M $7.26M $8.92M $9.15M $12.20M $11.94M $13.05M $12.76M $13.68M $13.60M $14.06M $12.80M $13.84M
Common Stock $52.20K $52.22K $52.00K $51.49K $51.89K $51.84K $51.81K $51.07K $51.02K $51.11K $51.01K $50.14K $49.45K
Retained Earnings $9.01M $8.75M $7.27M $7.33M $6.50M $6.52M $6.56M $7.02M $7.33M $7.40M $7.10M $6.75M $6.66M
Treasury Stock - - - - - - - - - - $221.29K $200.96K $200.96K
Total Stockholders Equity $13.91M $13.62M $12.08M $12.09M $11.27M $11.23M $11.20M $11.64M $11.89M $11.87M $11.54M $11.15M $10.88M
Total Liabilities & Equity $21.82M $20.88M $21.00M $21.24M $23.47M $23.17M $24.25M $24.40M $25.56M $25.47M $25.60M $23.95M $24.72M
Breakdown Q3 2025
(Aug 31, 2025)
Q2 2025
(May 31, 2025)
Q1 2025
(Feb 28, 2025)
Q4 2024
(Nov 30, 2024)
Q3 2024
(Aug 31, 2024)
Q2 2024
(May 31, 2024)
Q1 2024
(Feb 29, 2024)
Q4 2023
(Nov 30, 2023)
Q3 2023
(Aug 31, 2023)
Q2 2023
(May 31, 2023)
Q1 2023
(Feb 28, 2023)
Q4 2022
(Nov 30, 2022)
Q3 2022
(Aug 31, 2022)
Net Income $254.11K $1.43M $-55.76K $831.93K $-524.55K $-33.34K $-465.04K $-307.88K $574.85K $306.66K $342.21K $91.39K $6.40K
Depreciation & Amortization $593.95K $397.94K $208.07K $204.18K $663.83K $434.30K $208.12K $205.64K $599.18K $488.81K $238.90K $260.52K $546.64K
Stock-based Compensation $141.10K $104.17K $44.22K $-4.95K $187.79K $127.60K $65.96K $64.93K $227.25K $137.64K $68.89K $63.43K $224.29K
Deferred Income Tax $446.03K $378.72K $-15.09K $208.03K $-145.11K $-134.91K $-124.86K $-42.27K $144.45K $167.21K $91.14K $17.21K $-720.00
Change in Receivables $-412.86K $-592.90K $-967.86K $-518.34K $-464.50K $-767.72K $-385.44K $-1.02M $1.99M $1.22M $945.00K $-1.10M $1.15M
Change in Inventory $873.80K $519.05K $551.03K $-55.73K $-494.82K $-303.32K $-54.12K $221.16K $1.08M $744.76K $966.12K $107.94K $1.08M
Change in Payables $231.45K $303.69K $768.00 $74.17K $-1.39M $-1.24M $-1.11M $-621.87K $367.91K $-373.91K $-128.66K $95.87K $798.01K
Operating Cash Flow $-14.99K $1.25M $-101.81K $1.20M $1.43M $1.15M $-99.27K $463.45K $-518.65K $-623.47K $1.27M $754.06K $197.66K
Capital Expenditure $474.77K $213.44K $82.73K $110.31K $614.37K $512.55K $281.17K $272.34K $569.45K $639.83K $313.66K $559.56K $1.19M
Investing Cash Flow $-465.67K $-213.44K $-82.73K $1.57M $-613.57K $-512.55K $-281.17K $-251.48K $-202.03K $-353.02K $-310.76K $-165.35K $-1.18M
Debt Repayment $88.71K $58.99K $28.68K $562.88K $81.21K $54.26K $26.49K $26.12K $73.02K $49.53K $27.55K $25.83K $74.10K
Stock Issued - - - - - - - - - - - $114.12K $431.41K
Stock Repurchased $1.54K $1.54K $1.54K - $37.65K $37.65K $37.65K $4.54K $63.99K $63.99K $20.33K - $92.43K
Financing Cash Flow $484.76K $-1.04M $186.81K $-2.77M $-815.31K $-634.60K $378.92K $-212.18K $719.84K $973.73K $-958.88K $-587.79K $982.32K
Net Change in Cash $4.10K $2.67K $2.27K $-3.26K $1.10K $473.00 $-1.53K $-203.00 $-838.00 $-2.76K $-1.04K $911.00 $1.49K
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Aug 31, 2025
Condensed Consolidated Statements of Operations
Description Aug 31, 2025 Aug 31, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $6.43M $5.88M $17.91M $18.33M
Cost of Revenue $4.67M $4.18M $12.59M $13.25M
Gross Profit $1.77M $1.70M $5.32M $5.08M
Operating Expenses $1.42M $1.55M $4.46M $5.14M
Operating Income $344.73K $153.69K $857.87K $-57.62K
Interest Expense $83.67K $150.01K $259.02K $476.81K
Other Income/Expense $60.20K $-4.17K $1.53M $-13.39K
Income Before Tax $321.26K $-483.00 $2.13M $-542.79K
Income Tax Expense $67.15K $-2.71K $446.30K $-116.13K
Net Income $254.11K $-26.20K $1.68M $-524.55K
Condensed Consolidated Balance Sheets
Description Aug 31, 2025 Nov 30, 2024
Cash & Cash Equivalents $5.96K $1.86K
Accounts Receivable $2.02M $2.37M
Inventory $11.24M $10.33M
Other Current Assets $254.41K $208.47K
Total Current Assets $14.18M $13.12M
Other Non-current Assets $407.79K $436.18K
Total Assets $21.82M $21.24M
Accounts Payable $1.18M $944.45K
Accrued Liabilities $933.97K $1.30M
Deferred Revenue $72.77K $180.60K
Total Current Liabilities $5.58M $6.63M
Long-term Debt $1.88M $1.98M
Total Liabilities $7.90M $9.15M
Common Stock $52.20K $51.49K
Retained Earnings $9.01M $7.33M
Total Stockholders Equity $13.91M $12.09M
Total Liabilities & Equity $21.82M $21.24M
Condensed Consolidated Statements of Cash Flows
Description Aug 31, 2025 Aug 31, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $254.11K $-26.20K $1.68M $-524.55K
Depreciation & Amortization - - $593.95K $663.83K
Stock-based Compensation - - $141.10K $187.79K
Deferred Income Tax - - $446.03K $-145.11K
Change in Receivables - - $-412.86K $-464.50K
Change in Inventory - - $873.80K $-494.82K
Change in Payables - - $231.45K $-1.39M
Operating Cash Flow - - $-14.99K $1.43M
Capital Expenditure - - $474.77K $614.37K
Investing Cash Flow - - $-465.67K $-613.57K
Debt Repayment - - $88.71K $81.21K
Stock Repurchased - - $1.54K $37.65K
Financing Cash Flow - - $484.76K $-815.31K
Net Change in Cash - - $4.10K $1.10K

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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