Rocky Mountain Chocolate Factory is an international franchisor, confectionery manufacturer and retail operator in the United States, Canada and the United Arab Emirates. The Company is based in the charming historical town of Durango located on the western slope of the Rocky Mountains in southwestern Colorado. From its 53,000 square foot factory, the Company manufactures an extensive line of premium chocolate candies and other confectionery products to supply its many franchise locations, delivered fresh by its fleet of refrigerated trucks.
The factory typically produces approximately 300 chocolate candies and other confectionery products, using proprietary recipes developed primarily by its master candy maker. These products include many varieties of clusters, caramels, creams, meltaways, truffles and molded chocolates. Individual stores prepare a variety of caramel and candy apples, fudge, chocolate items and confections in full view of the customer using traditional cooking utensils such as copper kettles on gas-fired stoves and marble slab cooling tables.
In 1985 the Company went public and is now traded on the NASDAQ exchange under the symbol "RMCF".

Rocky Mountain Chocolate Factory was founded in 1981 and is headquartered in Durango, US

Rocky Mountain Chocolate Factory has an office in Durango

Durango, US (HQ)

265 Turner Dr

Rocky Mountain Chocolate Factory's revenue was reported to be $9.3 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 9.3 m |

## Gross profit (Q1, 2017) | 4.3 m |

## Gross profit margin (Q1, 2017), % | 46% |

## Net income (Q1, 2017) | 813.7 k |

## EBIT (Q1, 2017) | 1.3 m |

## Market capitalization (17-Aug-2017) | 68.4 m |

## Cash (31-May-2017) | 7.6 m |

Rocky Mountain Chocolate Factory's current market capitalization is $68.4 m.

USD | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|

## Revenue | 41.5 m | 40.5 m | 38.3 m |

## Revenue growth, % | (3%) | (5%) | |

## Cost of goods sold | 20.7 m | ||

## Gross profit | 17.6 m | ||

## Gross profit Margin, % | 46% | ||

## General and administrative expense | 4.7 m | 4 m | |

## Operating expense total | 36.7 m | 32.8 m | |

## EBIT | 3.7 m | 5.5 m | |

## EBIT margin, % | 9% | 14% | |

## Interest expense | (216.6 k) | (170.4 k) | |

## Interest income | 48.7 k | 41.6 k | |

## Pre tax profit | 3.5 m | 5.4 m | |

## Income tax expense | (261.4 k) | 1.9 m | |

## Net Income | 3.7 m | 3.8 m | 3.5 m |

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

## Revenue | 10.4 m | 9.3 m | 9.8 m | 9.4 m | 8.6 m | 10 m | 9.3 m |

## Cost of goods sold | 5.5 m | 5 m | |||||

## Gross profit | 4.4 m | 4.3 m | |||||

## Gross profit Margin, % | 44% | 46% | |||||

## Sales and marketing expense | 635.6 k | 603.4 k | 593.8 k | 654.1 k | 663 k | 642 k | 626.4 k |

## General and administrative expense | 1.3 m | 1.1 m | 1.1 m | 1.2 m | 981.1 k | 880.5 k | 1.1 m |

## Operating expense total | 2 m | 1.7 m | 1.7 m | 1.9 m | 1.6 m | 1.5 m | 1.8 m |

## EBIT | 1.4 m | 1.7 m | 1.3 m | 1.2 m | 1.6 m | 1.6 m | 1.3 m |

## EBIT margin, % | 14% | 18% | 13% | 13% | 18% | 16% | 14% |

## Interest expense | (58.9 k) | (56 k) | (52.6 k) | (47.8 k) | (44.3 k) | (40.8 k) | (35.2 k) |

## Interest income | 13.6 k | 13.4 k | 13.8 k | 11.7 k | 11.3 k | 9.5 k | 7.2 k |

## Pre tax profit | 1.4 m | 1.7 m | 1.2 m | 1.1 m | 1.5 m | 1.6 m | 1.3 m |

## Income tax expense | 432.3 k | 414.7 k | 439.4 k | 414.8 k | 546.7 k | 572.3 k | 452.2 k |

## Net Income | 933.4 k | 2.2 m | 2.9 m | 731.8 k | 1.7 m | 2.7 m | 813.7 k |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Cash | 5.9 m | 7.2 m | 6.2 m | 5.8 m |

## Current Assets | 17 m | 17.7 m | 15.4 m | 15.2 m |

## PP&E | 8.5 m | 6.8 m | 6 m | 6.5 m |

## Total Assets | 37.5 m | 34.1 m | 30.3 m | 29.4 m |

## Accounts Payable | 2 m | 1.7 m | 1.7 m | 1.8 m |

## Current Liabilities | 8 m | 8.3 m | 8 m | 8.1 m |

## Additional Paid-in Capital | 9.9 m | 5.3 m | 5.5 m | |

## Retained Earnings | 10.3 m | 11.5 m | 13.1 m | 13.3 m |

## Total Equity | 18.5 m | 18.8 m | ||

## Financial Leverage | 1.6 x | 1.6 x |

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

## Cash | 8.4 m | 5.9 m | 5.2 m | 6.1 m | 4.9 m | 4.6 m | 7.6 m |

## Current Assets | 17.1 m | 15.4 m | 15.5 m | 14.8 m | 14.8 m | 15.3 m | 15.8 m |

## PP&E | 6.7 m | 6.5 m | 6.6 m | 6.4 m | 6.5 m | 6.5 m | 6.4 m |

## Total Assets | 33.3 m | 31.5 m | 31.5 m | 30.2 m | 29.9 m | 30.1 m | 29.8 m |

## Accounts Payable | 1.5 m | 1.8 m | 1.9 m | 1.7 m | 1.9 m | 1.7 m | 1.9 m |

## Current Liabilities | 8.3 m | 7.9 m | 8.1 m | 8.1 m | 8 m | 8.1 m | 8.6 m |

## Additional Paid-in Capital | 7.6 m | 7.1 m | 7.2 m | 5.5 m | 5.6 m | 5.8 m | 5.7 m |

## Retained Earnings | 11.6 m | 11.7 m | 11.4 m | 13.2 m | 13.4 m | 13.7 m | 13.4 m |

## Total Equity | 19.3 m | 18.1 m | 18.2 m | 18.5 m | 18.7 m | 19.2 m | 19.1 m |

## Financial Leverage | 1.7 x | 1.7 x | 1.7 x | 1.6 x | 1.6 x | 1.6 x | 1.6 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Net Income | 4.4 m | 3.7 m | 3.8 m | 3.5 m |

## Depreciation and Amortization | 1 m | 1.4 m | 1.4 m | 1.3 m |

## Accounts Receivable | (1.4 m) | 662.6 k | 364.8 k | (128.4 k) |

## Inventories | 12.8 k | (202.3 k) | 144.5 k | (2.7 k) |

## Accounts Payable | (439 k) | (451.1 k) | (310.5 k) | (87.7 k) |

## Cash From Operating Activities | 6.9 m | 5.9 m | 6.8 m | 5.3 m |

## Purchases of PP&E | (2.5 m) | (626.7 k) | (743.3 k) | (1.2 m) |

## Cash From Investing Activities | (10.3 m) | 210.2 k | (693.9 k) | (1.3 m) |

## Long-term Borrowings | (107.6 k) | (1.2 m) | (1.3 m) | |

## Dividends Paid | (2.7 m) | (2.7 m) | (2.8 m) | (2.8 m) |

## Cash From Financing Activities | 4 m | (4.8 m) | (7.1 m) | (4.4 m) |

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

## Net Income | 933.4 k | 2.2 m | 2.9 m | 731.8 k | 1.7 m | 2.7 m | 813.7 k |

## Depreciation and Amortization | 364.9 k | 720.7 k | 1.1 m | 325.2 k | 642.9 k | 962.6 k | 320.6 k |

## Accounts Receivable | 766.8 k | 771 k | 50 k | 714.2 k | 239.6 k | (650.7 k) | 1.1 m |

## Inventories | 1.1 m | 571.5 k | 121.2 k | (179.8 k) | (874.3 k) | (771.3 k) | (92.7 k) |

## Accounts Payable | (369 k) | (276.5 k) | (321.5 k) | 118.2 k | 331.1 k | 156.2 k | 278.4 k |

## Cash From Operating Activities | 3.4 m | 4 m | 4.6 m | 1.9 m | 2.2 m | 3 m | 2.9 m |

## Purchases of PP&E | (192.2 k) | (322.4 k) | (625.2 k) | (634.4 k) | (932 k) | (1 m) | (76.7 k) |

## Cash From Investing Activities | (314.3 k) | (558.2 k) | (832.6 k) | (1.1 m) | (1.2 m) | (22.7 k) | |

## Long-term Borrowings | (298.9 k) | (598.8 k) | (901.6 k) | (309.7 k) | (621.2 k) | (935.8 k) | (321.8 k) |

## Dividends Paid | (721.5 k) | (1.4 m) | (2.1 m) | (700.7 k) | (1.4 m) | (2.1 m) | (702.5 k) |

## Cash From Financing Activities | (2 m) | (4.9 m) | (6.1 m) | (1.2 m) | (2.4 m) | (3.4 m) | (1 m) |

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

## Financial Leverage | 1.6 x |