SRC stock price, funding rounds, valuation and financials

SRC has raised $111.97 k in total funding. SRC annual revenue was $374.68 m in FY 2020

$374.7 M

SRC Revenue FY, 2020
SRC Revenue growth (FY, 2019 - FY, 2020), %(2%)
SRC Gross profit (FY, 2020)151 M
SRC Gross profit margin (FY, 2020), %40.3%
SRC Net income (FY, 2020)5 M
SRC EBIT (FY, 2020)-2.4 M
SRC Cash, 30-Sept-202018.8 M
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SRC Revenue

SRC revenue was $374.68 m in FY, 2020 which is a 1.6% year over year decrease from the previous period.

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SRC Funding

Summary Metrics

Founding Date

1957

SRC total Funding

$112 k

SRC latest funding size

$47.06 k

Time since last funding

12 years ago

SRC investors

SRC's latest funding round in September 2010 was reported to be $47.1 k. In total, SRC has raised $112 k

SRC Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

320.0m380.9m374.7m

Revenue growth, %

19%(2%)

Cost of goods sold

196.8m244.2m223.7m

Gross profit

123.2m136.8m151.0m

Gross profit Margin, %

38%36%40%

General and administrative expense

48.7m53.2m58.5m

Operating expense total

118.5m136.5m153.3m

EBIT

4.7m227.8k(2.4m)

EBIT margin, %

1%0%(1%)

Interest expense

657.1k1.3m1.1m

Investment income

14.2m4.5m9.4m

Pre tax profit

17.7m1.6m6.2m

Income tax expense

(3.5m)2.1m1.2m

Net Income

21.1m(405.6k)5.0m

SRC Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

37.3m27.7m18.8m

Accounts Receivable

26.5m29.9m52.1m

Inventories

69.5m71.1m78.4m

Current Assets

373.0m360.7m374.5m

PP&E

46.3m56.7m70.2m

Goodwill

1.8m5.4m3.8m

Total Assets

431.2m431.0m456.1m

Accounts Payable

16.1m17.4m10.9m

Short-term debt

13.1m7.2m27.2m

Current Liabilities

61.5m62.1m75.8m

Long-term debt

11.7m10.5m9.3m

Total Debt

24.8m17.7m36.5m

Total Liabilities

81.7m81.9m101.1m

Total Equity

349.5m349.1m355.0m

Debt to Equity Ratio

0.1 x0.1 x0.1 x

Debt to Assets Ratio

0.1 x0 x0.1 x

Financial Leverage

1.2 x1.2 x1.3 x

SRC Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

21.1m(405.6k)5.0m

Depreciation and Amortization

6.1m7.4m9.5m

Accounts Receivable

13.2m(3.4m)(22.2m)

Inventories

(43.7m)(1.5m)(9.0m)

Accounts Payable

4.1m5.8m(33.1k)

Cash From Operating Activities

(19.5m)6.1m(15.9m)

Capital Expenditures

(9.7m)(16.6m)(22.0m)

Cash From Investing Activities

(34.7m)(8.5m)(11.9m)

Long-term Borrowings

(1.1m)(1.1m)(1.2m)

Cash From Financing Activities

9.5m(7.1m)18.8m

Net Change in Cash

(44.7m)(9.6m)(8.9m)

Interest Paid

654.7k1.3m1.1m

Income Taxes Paid

586.6k680.3k

Free Cash Flow

(29.2m)(10.5m)(37.8m)

SRC Ratios

USDFY, 2018

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.2 x

SRC Operating Metrics

Jul, 2021Dec, 2021

Awards and Accomplishments (Corporate Citizenship Recognition)

55

Awards and Accomplishments (Great Employer Recognition)

55

Awards and Accomplishments (Military and Engineering Awards)

55

Countries (Customers)

76

Customers (U.S. Government)

1312

Industry Certifications

54

Patent Applications (US)

70

Patents (US)

73

Product Categories

45

Trademarks (US)

26

Types of Services

33

University Partnerships

1514

SRC Employee Rating

4.1248 votes
Culture & Values
4
Work/Life Balance
4.6
Senior Management
3.7
Salary & Benefits
4.1
Career Opportunities
3.8
Source