Virco Manufacturing Corporation

From seating to storage equipment, you can rely on Virco as your one-stop furniture and equipment source. Whether you need products for K-12 schools, adult learning environments, convention centers, hospitality venues or other locations, Virco's wide selection of models - and our proven record of customer support - give you unsurpassed value. Contact your Virco representative whenever we can be of service!
Type
Public
HQ
Torrance, US
Founded
1950
Size (employees)
695 (est)
Website
virco.com
Virco Manufacturing Corporation was founded in 1950 and is headquartered in Torrance, US

Virco Manufacturing Corporation Office Locations

Virco Manufacturing Corporation has an office in Torrance
Torrance, US (HQ)
2027 Harpers Way

Virco Manufacturing Corporation Data and Metrics

Virco Manufacturing Corporation Financial Metrics

Virco Manufacturing Corporation's revenue was reported to be $23.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

23.2 m

Gross profit (Q1, 2017)

8.4 m

Gross profit margin (Q1, 2017), %

36%

Net income (Q1, 2017)

(2.2 m)

EBIT (Q1, 2017)

(3.3 m)

Market capitalization (21-Jul-2017)

84.7 m

Cash (30-Apr-2017)

685 k
Virco Manufacturing Corporation's current market capitalization is $84.7 m.
USDFY, 2013FY, 2014FY, 2016FY, 2017

Revenue

155.9 m164.1 m168.6 m173.4 m

Revenue growth, %

5%3%

Cost of goods sold

102.5 m109 m110.9 m

Gross profit

53.4 m59.6 m62.5 m

Gross profit Margin, %

34%35%36%

General and administrative expense

53.5 m53.7 m56.6 m

Operating expense total

53.5 m53.7 m56.6 m

EBIT

5.9 m5.9 m

EBIT margin, %

4%3%

Interest expense

1.3 m1.3 m1.2 m

Pre tax profit

(2.7 m)4.7 m4.7 m

Income tax expense

(1 m)118 k(18 m)

Net Income

(1.7 m)849 k4.5 m22.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

53.2 m62.7 m23 m61.1 m65 m20.8 m61.4 m67.8 m23.2 m

Cost of goods sold

32.3 m41.6 m14.9 m37.1 m41.8 m12.8 m37.6 m43.5 m14.8 m

Gross profit

20.8 m21.1 m8.2 m24 m23.2 m8.1 m23.7 m24.3 m8.4 m

Gross profit Margin, %

39%34%36%39%36%39%39%36%36%

General and administrative expense

14.8 m16.3 m11 m16.1 m16.7 m10.9 m16.2 m17.8 m11.7 m

Operating expense total

14.8 m16.3 m11 m16.1 m16.7 m10.9 m16.2 m17.8 m11.7 m

EBIT

(2.8 m)7.9 m6.5 m(2.8 m)7.5 m6.5 m(3.3 m)

EBIT margin, %

(12%)13%10%(14%)12%10%(14%)

Interest expense

505 k393 k298 k453 k379 k264 k486 k326 k295 k

Pre tax profit

5.5 m4.4 m(3.1 m)7.5 m6.1 m(3.1 m)7 m6.2 m(3.6 m)

Income tax expense

306 k(232 k)39 k38 k137 k29 k140 k(17.8 m)(1.3 m)

Net Income

1.3 m6 m(3.2 m)7.5 m6 m(3.1 m)6.9 m24 m(2.2 m)
USDFY, 2013FY, 2014FY, 2016FY, 2017

Cash

1.1 m470 k815 k788 k

Accounts Receivable

8.5 m10.6 m9.9 m9.9 m

Inventories

1.8 m743 k1.1 m1.6 m

Current Assets

39.6 m39 m46.8 m48.5 m

Total Assets

83.3 m81.8 m89.4 m108.2 m

Accounts Payable

12.4 m9.9 m13 m12.4 m

Total Debt

68 k

Current Liabilities

22.7 m21.4 m22.8 m21.6 m

Non-Current Liabilities

33.1 m37.8 m33.3 m27.2 m

Total Liabilities

55.7 m59.2 m56.1 m48.8 m

Additional Paid-in Capital

116 m116.3 m116.6 m117 m

Retained Earnings

(74.5 m)(73.7 m)(69.1 m)(46.4 m)

Total Equity

33.3 m59.4 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

2.7 x1.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1.1 m1.2 m580 k1.5 m1.6 m1 m2.4 m2.3 m685 k

Accounts Receivable

47 k55 k39 k141 k141 k67 k43 k465 k39 k

Inventories

45.3 m28.4 m42.3 m41.8 m27.2 m53.9 m51.9 m31.7 m54.8 m

Current Assets

77.7 m46.3 m54.7 m79.1 m50.8 m66.1 m89.9 m54.9 m68 m

Total Assets

121.1 m89.4 m97.6 m121.9 m93.4 m108.2 m132 m114.6 m129.8 m

Accounts Payable

20.4 m12.2 m15.9 m19.2 m13.2 m16.9 m18 m10.6 m16.2 m

Current Liabilities

59.1 m23.2 m39.5 m56.6 m24.4 m44.3 m62 m22.1 m43.7 m

Non-Current Liabilities

32.3 m31.4 m38.1 m37.5 m34.5 m33.2 m32.2 m30.3 m28.4 m

Additional Paid-in Capital

116.1 m116.2 m116.5 m116.4 m116.5 m116.8 m116.6 m116.8 m117.1 m

Retained Earnings

(73.2 m)(68.6 m)(76.9 m)(69.4 m)(63.4 m)(72.3 m)(65.4 m)(41.4 m)(48.4 m)

Total Equity

27.9 m34.5 m30.6 m37.7 m62.2 m57.6 m

Financial Leverage

4.4 x2.7 x3.5 x3.5 x1.8 x2.3 x
USDFY, 2013FY, 2014FY, 2016FY, 2017

Net Income

(1.7 m)849 k4.5 m22.8 m

Depreciation and Amortization

4.2 m4.4 m4.8 m5 m

Accounts Receivable

56 k9 k10 k(182 k)

Inventories

(2.5 m)1.1 m(8.3 m)(1.7 m)

Accounts Payable

645 k9.2 m

Cash From Operating Activities

(243 k)1.7 m7.5 m5.9 m

Capital Expenditures

(3.6 m)(3.3 m)(4.3 m)(4.4 m)

Cash From Investing Activities

(3.6 m)(3.4 m)(4.2 m)(4.5 m)

Long-term Borrowings

(24.7 m)(32.5 m)(34.7 m)(38.6 m)

Cash From Financing Activities

4.1 m1.1 m(3 m)(1.4 m)

Interest Paid

1.3 m1.5 m1.3 m1.2 m

Income Taxes Paid

(105 k)(4 k)(54 k)41 k

Free Cash Flow

(3.9 m)(1.7 m)3.2 m1.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.3 m6 m(3.2 m)7.5 m6 m(3.1 m)6.9 m24 m(2.2 m)

Depreciation and Amortization

2.2 m3.3 m1.1 m

Accounts Receivable

5 k(3 k)4 k141 k141 k67 k43 k465 k39 k

Inventories

(17.5 m)(646 k)(15.6 m)

Accounts Payable

19.2 m13.2 m16.9 m18 m10.6 m16.2 m

Cash From Operating Activities

(23.2 m)3 m(10 m)

Capital Expenditures

(1.9 m)(2.6 m)(1.2 m)

Cash From Investing Activities

(1.9 m)(2.6 m)(1.2 m)

Long-term Borrowings

(8.2 m)(33.8 m)(11 m)

Cash From Financing Activities

25.2 m(207 k)11.3 m

Income Taxes Paid

(27 k)(9 k)12 k

Free Cash Flow

(25.1 m)370 k(11.2 m)
Y, 2017

Financial Leverage

2.3 x

Virco Manufacturing Corporation Market Value History

Virco Manufacturing Corporation Online and Social Media Presence

Virco Manufacturing Corporation Company Life and Culture

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