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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 6 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)
+ Total Revenue $6.43M $6.34M $5.14M $6.17M $5.88M $6.73M
Revenue Growth % (YoY) 9.5% -5.8% nan% nan% nan% nan%
Cost of Revenue $4.67M $4.28M $3.64M $3.94M $4.18M $4.82M
+ Gross Profit $1.77M $2.06M $1.50M $2.23M $1.70M $1.91M
Gross Margin % 27.5% 32.5% 29.1% 36.1% 28.9% 28.3%
Operating Expenses $1.42M $1.55M $1.49M $1.71M $1.55M $1.74M
+ Operating Income $344.73K $510.65K $2.48K $518.32K $153.69K $168.77K
Operating Margin % 5.4% 8.1% 0.0% 8.4% 2.6% 2.5%
Interest Expense $259.02K $157.13K $68.03K $124.87K $476.81K $323.63K
Other Income/Expense $60.20K $1.46M $2.79K $16.59K $-4.17K $-14.27K
Income Before Tax $321.26K $1.88M $-70.41K $407.30K $-483.00 $-5.27K
Income Tax Expense $67.15K $393.81K $-14.65K $75.11K $-2.71K $-613.00
+ Net Income $254.11K $1.48M $-55.76K $831.93K $-26.20K $-33.34K
Net Margin % 4.0% 23.4% -1.1% 13.5% -0.4% -0.5%
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)
Cash & Cash Equivalents $5.96K $4.53K $4.13K $1.86K $5.12K $4.49K
Accounts Receivable $2.02M $1.84M $1.41M $2.37M $2.94M $2.65M
Inventory $11.24M $10.78M $10.88M $10.33M $10.69M $10.50M
Other Current Assets $254.41K $330.15K $419.93K $208.47K $361.07K $416.11K
Total Current Assets $14.18M $13.29M $13.00M $13.12M $14.05M $13.62M
Property Plant & Equipment - - - $5.15M - -
Other Non-current Assets $407.79K $402.87K $398.43K $436.18K $476.08K $525.16K
Total Assets $21.82M $20.88M $21.00M $21.24M $23.47M $23.17M
Accounts Payable $1.18M $1.25M $945.22K $944.45K $870.27K $1.02M
Accrued Liabilities $933.97K $960.08K $856.89K $1.30M $1.11M $1.02M
Deferred Revenue $72.77K $206.23K $991.66K $180.60K $162.93K $169.42K
Total Current Liabilities $5.58M $4.88M $6.50M $6.63M $9.06M $8.71M
Long-term Debt $1.88M $1.91M $1.94M $1.98M $2.54M $2.57M
Total Liabilities $7.90M $7.26M $8.92M $9.15M $12.20M $11.94M
Common Stock $52.20K $52.22K $52.00K $51.49K $51.89K $51.84K
Retained Earnings $9.01M $8.75M $7.27M $7.33M $6.50M $6.52M
Total Stockholders Equity $13.91M $13.62M $12.08M $12.09M $11.27M $11.23M
Total Liabilities & Equity $21.82M $20.88M $21.00M $21.24M $23.47M $23.17M
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)
Net Income $254.11K $1.43M $-55.76K $831.93K $-524.55K $-33.34K
Depreciation & Amortization $593.95K $397.94K $208.07K $204.18K $663.83K $434.30K
Stock-based Compensation $141.10K $104.17K $44.22K $-4.95K $187.79K $127.60K
Deferred Income Tax $446.03K $378.72K $-15.09K $208.03K $-145.11K $-134.91K
Change in Receivables $-412.86K $-592.90K $-967.86K $-518.34K $-464.50K $-767.72K
Change in Inventory $873.80K $519.05K $551.03K $-55.73K $-494.82K $-303.32K
Change in Payables $231.45K $303.69K $768.00 $74.17K $-1.39M $-1.24M
Operating Cash Flow $-14.99K $1.25M $-101.81K $1.20M $1.43M $1.15M
Capital Expenditure $474.77K $213.44K $82.73K $110.31K $614.37K $512.55K
Investing Cash Flow $-465.67K $-213.44K $-82.73K $1.57M $-613.57K $-512.55K
Debt Repayment $88.71K $58.99K $28.68K $562.88K $81.21K $54.26K
Stock Repurchased $1.54K $1.54K $1.54K - $37.65K $37.65K
Financing Cash Flow $484.76K $-1.04M $186.81K $-2.77M $-815.31K $-634.60K
Net Change in Cash $4.10K $2.67K $2.27K $-3.26K $1.10K $473.00
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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