$111.8 M

Versar Revenue FY, 2017
Versar Gross profit (FY, 2017)51 M
Versar Gross profit margin (FY, 2017), %45.6%
Versar Net income (FY, 2017)-9.6 M
Versar EBIT (FY, 2017)-8.2 M
Versar Cash, 30-Jun-20171 M
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Versar Funding

Summary Metrics

Founding Date

1969

Versar Income Statement

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

119.0m102.6m110.3m159.9m167.9m111.8m

Revenue growth, %

45%5%

Cost of goods sold

55.1m90.3m107.2m60.9m

Gross profit

55.2m69.6m60.7m51.0m

Gross profit Margin, %

50%44%36%46%

General and administrative expense

8.1m7.6m8.4m11.0m11.0m12.9m

Operating expense total

8.3m7.4m8.2m11.0m39.1m14.1m

EBIT

7.7m6.3m(1.4m)2.8m(35.9m)(8.2m)

EBIT margin, %

6%6%(1%)2%(21%)(7%)

Interest expense

193.0k86.0k133.0k447.0k702.0k1.4m

Interest income

70.0k28.0k

Pre tax profit

6.9m6.2m(1.6m)2.3m(36.6m)(9.6m)

Income tax expense

2.7m2.1m(1.0m)936.0k1.3m(75.0k)

Net Income

4.2m2.4m(334.0k)1.4m(37.9m)(9.6m)

Versar Balance Sheet

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

8.0m8.7m9.7m2.1m1.5m1.0m

Accounts Receivable

25.6m29.3m26.0m57.2m47.7m31.8m

Prepaid Expenses

1.9m1.1m1.6m

Inventories

1.4m1.2m1.3m1.5m1.0m

Current Assets

39.3m44.4m42.8m65.7m52.0m35.8m

PP&E

3.3m2.1m2.4m2.1m1.3m839.0k

Goodwill

7.4m7.5m8.1m16.1m

Total Assets

53.4m57.4m57.8m89.2m61.3m44.3m

Accounts Payable

5.4m10.8m11.3m35.9m18.2m15.6m

Short-term debt

333.0k333.0k11.5m

Current Liabilities

17.0m17.5m18.7m42.6m54.2m47.3m

Long-term debt

667.0k333.0k

Total Debt

1.0m666.0k11.5m

Total Liabilities

19.0m19.8m60.2m50.1m

Common Stock

96.0k99.0k103.0k

Additional Paid-in Capital

29.0m29.8m30.4m30.8m31.1m32.9m

Retained Earnings

7.0m9.4m9.0m10.4m(27.4m)(37.0m)

Total Equity

34.4m37.6m37.8m39.4m1.1m(5.8m)

Debt to Equity Ratio

0 x0 x-2 x

Debt to Assets Ratio

0 x0 x0.3 x

Financial Leverage

1.6 x1.5 x1.5 x2.3 x57.4 x-7.7 x

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

2.6m990.0k5.1m10.6m13.7m8.2m5.6m4.0m6.6m2.6m165.0k1.1m396.0k3.0m1.5m1.3m987.0k

Accounts Receivable

33.2m33.5m24.5m19.8m21.8m31.0m33.6m35.7m31.7m30.2m34.2m39.3m47.6m44.4m36.0m36.1m24.5m

Prepaid Expenses

1.7m1.2m2.4m2.1m1.2m1.4m2.7m1.7m2.4m2.5m1.7m2.5m1.6m1.9m

Inventories

1.4m1.4m1.4m1.4m1.4m1.2m1.1m1.2m1.2m1.4m1.4m1.4m1.2m1.2m177.0k188.0k74.0k

Current Assets

41.2m39.4m35.1m35.8m40.1m45.3m45.9m46.0m45.4m41.4m42.0m48.4m54.0m52.7m41.6m40.7m28.9m

PP&E

3.8m3.8m3.6m3.1m2.8m2.5m2.4m2.3m2.2m2.6m2.4m2.2m2.0m1.7m1.1m996.0k846.0k

Goodwill

5.8m5.8m5.8m7.5m7.5m7.5m9.4m9.4m9.5m18.0m15.8m15.8m16.1m4.4m

Total Assets

53.0m51.1m46.6m49.5m54.0m58.7m62.6m62.7m62.9m68.5m67.0m73.0m77.2m76.0m50.0m49.6m37.5m

Accounts Payable

11.4m10.0m5.1m3.9m6.8m11.3m11.7m11.9m12.5m10.9m11.4m19.7m23.2m16.8m14.1m18.9m12.9m

Short-term debt

1.2m219.0k250.0k333.0k333.0k2.0m1.6m1.3m2.8m2.6m1.9m5.1m21.0m3.6m14.2m10.5m

Current Liabilities

20.9m18.1m12.4m12.5m15.2m18.6m20.6m20.9m21.3m20.7m19.9m26.1m31.5m44.0m45.0m46.8m37.4m

Long-term debt

667.0k500.0k417.0k875.0k635.0k396.0k8.6m8.1m7.6m5.4m2.9m11.7m

Total Debt

1.2m219.0k917.0k833.0k750.0k2.9m2.3m1.7m11.3m394.0k9.5m1.8m15.9m15.3m9.0m5.9m

Total Liabilities

22.3m19.6m13.9m14.3m17.5m20.9m24.1m24.1m24.3m30.8m29.1m34.8m38.3m50.3m50.3m50.0m39.4m

Common Stock

96.0k96.0k96.0k97.0k98.0k98.0k99.0k100.0k100.0k100.0k101.0k101.0k101.0k101.0k102.0k102.0k102.0k

Additional Paid-in Capital

29.0m29.0m29.0m29.2m29.4m29.6m29.9m30.1m30.2m30.5m30.6m30.7m30.9m31.1m31.2m32.9m32.9m

Retained Earnings

3.6m4.4m5.4m7.8m8.7m9.8m10.0m10.1m10.0m8.9m9.2m9.5m10.0m(3.2m)(28.9m)(30.3m)(31.7m)

Total Equity

30.8m31.6m32.7m35.2m36.5m37.8m38.5m38.5m38.5m37.7m37.9m38.2m38.9m25.8m(367.0k)(392.0k)(1.9m)

Debt to Equity Ratio

0 x0 x0 x0 x0 x0.1 x0.1 x0 x0.3 x0 x0.2 x0 x0.6 x-41.8 x-23.1 x-3.1 x

Debt to Assets Ratio

0 x0 x0 x0 x0 x0 x0 x0 x0.2 x0 x0.1 x0 x0.2 x0.3 x0.2 x0.2 x

Financial Leverage

1.7 x1.6 x1.4 x1.4 x1.5 x1.6 x1.6 x1.6 x1.6 x1.8 x1.8 x1.9 x2 x3 x-136.1 x-126.5 x-19.5 x

Versar Cash Flow

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

4.2m2.4m(334.0k)1.4m(37.9m)(9.6m)

Depreciation and Amortization

1.7m1.7m2.0m2.6m5.8m1.9m

Accounts Receivable

(3.6m)(3.8m)10.7m(26.2m)15.2m15.6m

Inventories

42.0k206.0k(3.6m)(3.6m)(3.3m)

Accounts Payable

(4.6m)5.4m(2.2m)23.0m(19.6m)(2.3m)

Cash From Operating Activities

6.7m1.5m6.7m162.0k(2.1m)8.0m

Purchases of PP&E

(897.0k)(357.0k)(971.0k)(839.0k)(686.0k)(184.0k)

Cash From Investing Activities

(2.2m)(595.0k)(3.8m)(7.2m)(11.5m)30.0k

Short-term Borrowings

(1.4m)(73.8m)

Long-term Borrowings

(13.6m)

Cash From Financing Activities

(2.7m)(353.0k)(2.1m)(812.0k)13.0m(8.4m)

Net Change in Cash

2.0m716.0k(510.0k)

Interest Paid

53.0k86.0k133.0k429.0k133.0k683.0k

Income Taxes Paid

2.6m2.0m254.0k48.0k254.0k28.0k

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

824.0k1.6m2.6m845.0k1.8m2.8m659.0k757.0k627.0k(89.0k)190.0k453.0k(431.0k)(13.7m)(1.5m)(2.8m)(4.2m)

Depreciation and Amortization

307.0k842.0k1.3m394.0k894.0k1.4m441.0k951.0k1.8m644.0k1.3m1.9m535.0k2.4m1.2m1.6m2.3m

Accounts Receivable

(4.0m)(4.6m)4.6m6.0m4.1m(5.4m)1.9m382.0k4.9m(70.0k)(3.2m)(8.5m)9.5m20.0m11.4m11.1m22.7m

Inventories

20.0k11.0k4.0k39.0k33.0k199.0k116.0k117.0k165.0k(143.0k)(257.0k)(294.0k)(75.0k)(91.0k)3.0k761.0k33.0k

Accounts Payable

1.5m(17.0k)(4.9m)(1.5m)1.3m5.9m(985.0k)(959.0k)(915.0k)(2.0m)(1.5m)6.9m(12.6m)(21.1m)(4.1m)(140.0k)(5.3m)

Cash From Operating Activities

(1.7m)(2.0m)2.3m3.2m6.2m655.0k289.0k(361.0k)2.6m(3.9m)(4.7m)(2.1m)(2.4m)892.0k5.8m5.3m9.1m

Purchases of PP&E

(351.0k)(689.0k)(825.0k)(66.0k)(140.0k)(175.0k)(70.0k)(217.0k)(493.0k)(212.0k)(411.0k)(609.0k)(250.0k)(459.0k)(37.0k)(81.0k)(102.0k)

Cash From Investing Activities

(1.4m)(1.6m)(1.8m)(400.0k)(479.0k)(515.0k)(3.2m)(3.3m)(3.3m)(6.0m)(7.0m)(7.2m)(250.0k)(10.9m)(37.0k)(81.0k)(102.0k)

Short-term Borrowings

(173.0k)(1.2m)(1.4m)(83.0k)(167.0k)(249.0k)(308.0k)(884.0k)(1.5m)(479.0k)(1.4m)(2.4m)(20.7m)(34.8m)(23.7m)(39.7m)(61.1m)

Long-term Borrowings

(12.8m)(765.0k)

Cash From Financing Activities

(178.0k)(1.2m)(1.4m)(47.0k)(95.0k)(75.0k)(335.0k)(971.0k)(1.5m)2.9m2.2m577.0k917.0k10.9m(5.9m)(5.5m)(9.5m)

Net Change in Cash

(3.4m)(5.0m)(895.0k)2.6m5.6m183.0k(3.1m)(4.7m)(2.1m)(7.0m)(9.5m)(8.6m)(1.7m)883.0k(63.0k)(218.0k)(562.0k)

Interest Paid

57.0k198.0k332.0k175.0k540.0k211.0k322.0k569.0k

Income Taxes Paid

13.0k14.0k20.0k505.0k44.0k28.0k28.0k589.0k

Versar Ratios

USDQ1, 2012

Financial Leverage

1.7 x

Versar Employee Rating

2.960 votes
Culture & Values
2.7
Work/Life Balance
2.8
Senior Management
2.3
Salary & Benefits
2.6
Career Opportunities
2.5
Source