Art's-Way Manufacturing Co., Inc. (ARTW) — Financial statements
Income statement, balance sheet, and cash flow for Art's-Way Manufacturing Co., Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 23↓6.2% | 24↓19.1% | 30↑18.1% | 26↑2.7% | 25 | |
| Cost of Revenue | 17↓0.8% | 17↓20.8% | 22↑16.0% | 19↑1.8% | 18 | |
| Gross Profit | 6↓19.0% | 7↓14.8% | 9↑23.7% | 7↑5.2% | 7 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.23↓47.3% | 0.43↓27.7% | 0.60↑3.0% | 0.58↑14.9% | 0.51 | |
| General & Administrative Expenses | 4↓12.3% | 5↑10.6% | 4↑12.3% | 4↑8.3% | 4 | |
| Selling & Marketing Expenses | 1↓12.0% | 2↓23.3% | 2↑11.9% | 2↓5.4% | 2 | |
| SG&A Expenses | 6↓12.2% | 6↓0.6% | 6↑12.2% | 6↑3.3% | 6 | |
| Other Expenses | -0.23 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 6↓17.8% | 7↓2.9% | 7↑11.3% | 6↑4.3% | 6 | |
| Total Costs & Expenses | 23↓5.6% | 24↓16.4% | 29↑14.8% | 25↑2.5% | 24 | |
| Operating Results | ||||||
| Operating Income | 0.29↓37.3% | 0.46↓69.9% | 2↑153.2% | 0.60↑15.5% | 0.52 | |
| Depreciation & Amortization | 0.79↑24791.8% | -0.00↓100.4% | 0.80↑21.8% | 0.66↑7.8% | 0.61 | |
| EBITDA | 1↑134.7% | 0.46↓81.5% | 2↑64.9% | 2↑26.2% | 1 | |
| EBIT | 0.29↓37.7% | 0.46↓72.4% | 2↑98.6% | 0.85↑45.6% | 0.58 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.37↑38.8% | -0.60↓1.6% | -0.59↓46.0% | -0.40↓28.9% | -0.31 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.37↓38.8% | 0.60↑1.6% | 0.59↑46.0% | 0.40↑28.9% | 0.31 | |
| Non-Operating Income | 0.00↑100.0% | -0.00↑97.8% | -0.15↑38.6% | -0.24↓322.0% | -0.06 | |
| Other Income / Expenses | 1↑292.5% | -0.60↓34.7% | -0.44↓170.2% | -0.16↑36.2% | -0.26 | |
| Income Before Tax | 1↑1160.6% | -0.14↓112.4% | 1↑146.9% | 0.44↑65.2% | 0.27 | |
| Income Tax Expense | 0.40↑1080.3% | -0.04↓112.6% | 0.33↑387.8% | 0.07↑23.2% | 0.05 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1↑1195.5% | -0.09↓112.4% | 0.76↑103.9% | 0.37↑75.9% | 0.21 | |
| Net Income from Discontinued Operations | 0.00↓100.0% | 0.40↑181.0% | -0.50↓79.4% | -0.28 | 0.00 | |
| Net Income | 1↑236.7% | 0.31↑15.1% | 0.27↑173.0% | 0.10↓54.0% | 0.21 | |
| Bottom-Line Net Income | 1↑236.7% | 0.31↑15.1% | 0.27↑173.0% | 0.10↓54.0% | 0.21 | |
| EPS (Basic) | 0.20↑228.9% | 0.06↑13.9% | 0.05↑156.7% | 0.02↓55.8% | 0.05 | |
| EPS (Diluted) | 0.20↑228.9% | 0.06↑13.9% | 0.05↑156.7% | 0.02↓55.8% | 0.05 | |
| Weighted Average Shares | 5↑0.8% | 5↑1.0% | 5↑6.3% | 5↑4.3% | 5 | |
| Weighted Average Diluted Shares | 5↑0.8% | 5↑1.0% | 5↑6.3% | 5↑4.3% | 5 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.