Profire Energy was founded in 2002 and is headquartered in Lindon, US

Profire Energy has offices in Lindon and Spruce Grove

Lindon, US (HQ)

1 321 S 1250 W

Spruce Grove, CA

55 Alberta Ave

Profire Energy's revenue was reported to be $7.8 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 7.8 m |

## Net income (Q1, 2017) | 600.1 k |

## EBIT (Q1, 2017) | 1.1 m |

## Market capitalization (21-Jul-2017) | 62.6 m |

## Cash (31-Mar-2017) | 10.5 m |

Profire Energy's current market capitalization is $62.6 m.

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Revenue | 35.4 m | 51.2 m | 27.1 m |

## Revenue growth, % | 45% | (47%) | |

## Cost of goods sold | 14.1 m | ||

## Gross profit | 21.3 m | 27.2 m | |

## Gross profit Margin, % | 60% | 53% | |

## R&D expense | 899 k | ||

## General and administrative expense | 12.3 m | ||

## Operating expense total | 11.4 m | 18.7 m | 13.7 m |

## EBIT | 8.7 m | 8.5 m | (39.9 k) |

## EBIT margin, % | 25% | 17% | (0%) |

## Interest expense | 2.7 k | ||

## Interest income | 5.9 k | 26 k | 37.3 k |

## Pre tax profit | 8.7 m | 8.6 m | 162.6 k |

## Income tax expense | 3.1 m | 2.8 m | 127.8 k |

## Net Income | 5.6 m | 5.7 m | 34.7 k |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 13.1 m | 15.7 m | 12.5 m | 6.9 m | 8.1 m | 7.6 m | 4 m | 5 m | 7.8 m |

## Cost of goods sold | 2.4 m | ||||||||

## Gross profit | 2.6 m | ||||||||

## Gross profit Margin, % | 53% | ||||||||

## R&D expense | 271.2 k | 538.8 k | 521.8 k | 304.5 k | 295.1 k | 348.9 k | 250.7 k | 263.7 k | 199 k |

## General and administrative expense | 2.4 m | 2.9 m | 2.4 m | 2 m | 1.7 m | 1.8 m | 2.4 m | 2.3 m | 2.9 m |

## Operating expense total | 2.6 m | 3.4 m | 3 m | 2.3 m | 2 m | 2.1 m | 2.6 m | 2.6 m | 3.1 m |

## EBIT | 3.5 m | 3.3 m | 1.8 m | (539.3 k) | 675.1 k | 489.9 k | (881.3 k) | (127.4 k) | 1.1 m |

## EBIT margin, % | 26% | 21% | 14% | (8%) | 8% | 6% | (22%) | (3%) | 14% |

## Interest expense | (14.2 k) | (14.2 k) | |||||||

## Interest income | 237 | 7.5 k | 6.7 k | 21.1 k | 5.5 k | 5.2 k | 27.9 k | 19.7 k | 31.3 k |

## Pre tax profit | 3.5 m | 3.3 m | 1.8 m | 1 m | 673 k | (851.2 k) | |||

## Income tax expense | 1.1 m | 1.2 m | (110.4 k) | (149.7 k) | 254.8 k | 194.2 k | (245.9 k) | (99.7 k) | 498.9 k |

## Net Income | 2.3 m | 2.1 m | 1.9 m | (458.8 k) | 320.1 k | 798.9 k | (605.3 k) | 74.5 k | 600.1 k |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Cash | 4.5 m | 14.1 m | 21.3 m |

## Accounts Receivable | 8.9 m | 9.5 m | 4.1 m |

## Inventories | 6.6 m | 11.8 m | 11 m |

## Current Assets | 20.4 m | 35.5 m | 37.1 m |

## PP&E | 4.4 m | 9.3 m | 8.2 m |

## Goodwill | 997.7 k | 997.7 k | |

## Total Assets | 24.7 m | 46.9 m | 47.3 m |

## Accounts Payable | 1.5 m | 1 m | 893.8 k |

## Current Liabilities | 3.4 m | 1.7 m | 1.8 m |

## Total Liabilities | 2.5 m | ||

## Additional Paid-in Capital | 6.5 m | 25.5 m | 26.2 m |

## Retained Earnings | 15.1 m | 20.8 m | 20.8 m |

## Total Equity | 21.4 m | 44.5 m | 44.8 m |

## Financial Leverage | 1.2 x | 1.1 x | 1.1 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 4.6 m | 18.7 m | 15.4 m | 17.2 m | 19 m | 19.3 m | 22 m | 11.7 m | 10.5 m |

## Accounts Receivable | 12 m | 14.8 m | 11.8 m | 7 m | 6.7 m | 6.5 m | 3.2 m | 3.7 m | 5.4 m |

## Inventories | 6.9 m | 8.2 m | 11 m | 11.1 m | 10 m | 10.8 m | 10 m | 8.9 m | 8 m |

## Current Assets | 24 m | 42.3 m | 39.2 m | 35.5 m | 36.1 m | 37.1 m | 36 m | 30.4 m | 29.8 m |

## PP&E | 5.4 m | 7.9 m | 9.5 m | 9.1 m | 8.7 m | 8.4 m | 8 m | 7.7 m | 7.3 m |

## Goodwill | 997.7 k | 997.7 k | 997.7 k | 997.7 k | 997.7 k | 997.7 k | 997.7 k | ||

## Total Assets | 29.4 m | 50.2 m | 50.4 m | 46.7 m | 46.9 m | 47.7 m | 45.9 m | 46.1 m | 44.7 m |

## Accounts Payable | 1.9 m | 3.6 m | 2.8 m | 604.7 k | 909.1 k | 1.4 m | 551.7 k | 802.2 k | 1.5 m |

## Current Liabilities | 5.1 m | 7.1 m | 4.7 m | 1.6 m | 1.9 m | 2.4 m | 979.4 k | 1.3 m | 2.7 m |

## Additional Paid-in Capital | 6.9 m | 24 m | 25.1 m | 25.7 m | 25.8 m | 26.2 m | 26.3 m | 26.6 m | 26.8 m |

## Retained Earnings | 17.3 m | 19.4 m | 21.3 m | 20.4 m | 21.1 m | 21.6 m | 20.2 m | 20.3 m | 21.7 m |

## Total Equity | 24.3 m | 43 m | 45.7 m | 44.5 m | 44.4 m | 44.7 m | 44.3 m | 44.2 m | 42 m |

## Financial Leverage | 1.2 x | 1.2 x | 1.1 x | 1 x | 1.1 x | 1.1 x | 1 x | 1 x | 1.1 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Net Income | 5.6 m | 5.7 m | 34.7 k |

## Depreciation and Amortization | 359.3 k | 1.1 m | 989.5 k |

## Cash From Operating Activities | 2 m | 685.1 k | 7.3 m |

## Purchases of PP&E | (2.7 m) | (6.2 m) | (62.5 k) |

## Cash From Investing Activities | (2.6 m) | (6.9 m) | 96.2 k |

## Cash From Financing Activities | 4.5 m | 16.8 m | (39.3 k) |

## Interest Paid | 2.7 k | 17 k | 17 k |

## Income Taxes Paid | 1.6 m | 3.5 m | 127.8 k |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 2.3 m | 2.1 m | 1.9 m | (458.8 k) | 320.1 k | 798.9 k | (605.3 k) | 74.5 k | 600.1 k |

## Depreciation and Amortization | 225.9 k | 476.5 k | 729.7 k | ||||||

## Accounts Receivable | 12 m | 14.8 m | 11.8 m | 3.2 m | 3.7 m | 5.4 m | |||

## Inventories | 6.9 m | 8.2 m | 11 m | 10 m | |||||

## Accounts Payable | 1.9 m | 3.6 m | 2.8 m | 551.7 k | 802.2 k | 1.5 m | |||

## Cash From Operating Activities | 2.9 m | 5.1 m | 5.8 m | ||||||

## Purchases of PP&E | (12.3 k) | (28.6 k) | (62.5 k) | ||||||

## Cash From Investing Activities | 40.2 k | 91.4 k | 54.1 k | ||||||

## Cash From Financing Activities | (23.5 k) | (39.2 k) | (39.2 k) | ||||||

## Interest Paid | 14.2 k | ||||||||

## Income Taxes Paid | (138 k) | 292.1 k | 402.4 k |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 104.3 k |

## Financial Leverage | 1.1 x |