Steel Excel Revenue

Steel Excel revenue was $132.62 m in FY, 2015 which is a 36.9% year over year decrease from the previous period.

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Summary - Funding Rounds

Founding Date

1984
Steel Excel is a subsidiary of Steel Partners Holdings

Steel Excel Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015

Revenue

120.0m210.1m132.6m

Revenue growth, %

75%(37%)

Cost of goods sold

85.4m151.0m106.0m

Gross profit

34.6m59.2m26.6m

Gross profit Margin, %

29%28%20%

General and administrative expense

23.4m36.3m33.4m

Operating expense total

23.4m36.3m33.4m

EBIT

2.6m(23.4m)(40.7m)

EBIT margin, %

2%(11%)(31%)

Interest expense

3.2m2.5m

Pre tax profit

7.0m

Net Income

10.9m(23.8m)(97.8m)

Steel Excel Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015

Cash

73.6m51.9m31.7m

Accounts Receivable

10.6m

Inventories

4.6m4.2m3.9m

Current Assets

281.6m245.6m187.3m

PP&E

106.4m107.2m95.8m

Goodwill

80.4m30.9m12.6m

Total Assets

538.0m479.4m344.8m

Accounts Payable

4.5m3.9m2.8m

Short-term debt

13.2m13.2m

Current Liabilities

30.4m48.3m33.3m

Long-term debt

79.3m66.1m42.7m

Total Debt

92.5m79.3m

Common Stock

14.0k14.0k14.0k

Additional Paid-in Capital

274.8m267.4m270.5m

Retained Earnings

214.0m190.2m89.2m

Total Equity

423.9m357.5m267.9m

Debt to Equity Ratio

0.2 x0.2 x

Debt to Assets Ratio

0.2 x0.2 x

Financial Leverage

1.3 x1.3 x1.3 x

Steel Excel Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015

Net Income

10.9m(23.8m)(97.8m)

Depreciation and Amortization

8.7m9.6m8.2m

Accounts Receivable

2.7m(2.5m)

Accounts Payable

(2.0m)(305.0k)

Cash From Operating Activities

25.7m43.9m

Purchases of PP&E

(8.9m)(15.9m)

Cash From Investing Activities

(71.9m)(31.3m)

Long-term Borrowings

(15.5m)(13.2m)

Cash From Financing Activities

48.3m(34.3m)