WSI Industries Revenue
WSI Industries revenue was $30.64 m in FY, 2017 which is a 13% year over year decrease from the previous period.
Summary - Funding Rounds
Founding Date | 1950 |
WSI Industries is a subsidiary of Polaris
WSI Industries Income Statement
Annual
| USD | FY, 2016 | FY, 2017 |
|---|---|---|
Revenue | 35.2m | 30.6m |
Revenue growth, % | (18%) | (13%) |
Cost of goods sold | 32.3m | 28.2m |
Gross profit | 2.9m | 2.4m |
Gross profit Margin, % | 8% | 8% |
General and administrative expense | 3.0m | 3.3m |
Operating expense total | 3.0m | 3.3m |
Interest expense | 308.5k | 275.5k |
Interest income | 21.6k | 18.6k |
Pre tax profit | (374.2k) | (1.3m) |
Income tax expense | (547.3k) | (490.0k) |
Net Income | 173.0k | (814.3k) |
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 9.7m | 8.5m | 8.9m | 6.3m | 6.3m | 9.6m | 7.5m | 8.6m | 9.8m |
Cost of goods sold | 8.8m | 7.8m | 7.9m | 6.0m | 6.1m | 8.6m | 6.6m | 7.7m | 8.3m |
Gross profit | 888.0k | 646.5k | 951.7k | 307.9k | 206.6k | 1.0m | 898.9k | 878.9k | 1.5m |
Gross profit Margin, % | 9% | 8% | 11% | 5% | 3% | 11% | 12% | 10% | 15% |
General and administrative expense | 704.6k | 715.9k | 788.0k | 761.2k | 721.0k | 1.2m | 691.1m | 962.0k | 833.7k |
Operating expense total | 704.6k | 715.9k | 788.0k | 761.2k | 721.0k | 1.2m | 691.1m | 962.0k | 833.7k |
Interest expense | 78.5k | 75.6k | 66.5k | 72.5k | 71.0k | 80.6k | |||
Interest income | 1.4k | 2.5k | 16.3k | 2.1k | 1.2k | 6.9k | 8.5k | 20.1k | 8.6k |
Pre tax profit | 102.7k | (145.4k) | 104.3k | (518.9k) | (579.7k) | (385.0k) | 138.5k | (134.1k) | 544.4k |
Income tax expense | (29.7k) | (151.2k) | 26.0k | (196.5k) | (217.5k) | (165.3k) | 52.8k | (663.3k) | 78.3k |
Net Income | 132.3k | 5.7k | 78.3k | (322.4k) | (362.2k) | (219.7k) | 85.7k | 529.2k | 466.1k |
WSI Industries Balance Sheet
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Cash | 4.1m | 3.7m | 5.8m |
Accounts Receivable | 3.8m | 3.8m | 2.7m |
Inventories | 6.0m | 3.0m | 3.1m |
Current Assets | 13.7m | 10.9m | 11.8m |
PP&E | 11.5m | 11.5m | 10.3m |
Total Assets | 29.0m | 26.0m | 24.5m |
Accounts Payable | 2.8m | 1.7m | 2.1m |
Short-term debt | 1.5m | 1.6m | 1.4m |
Current Liabilities | 4.9m | 3.8m | 4.7m |
Long-term debt | 8.3m | 6.8m | 5.4m |
Total Debt | 9.9m | 8.3m | 6.9m |
Common Stock | 292.0k | 292.0k | 296.0k |
Additional Paid-in Capital | 3.7m | 3.8m | 4.2m |
Retained Earnings | 9.9m | 9.8m | 9.0m |
Total Equity | 13.9m | 14.0m | 13.4m |
Debt to Equity Ratio | 0.7 x | 0.6 x | 0.5 x |
Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x |
Financial Leverage | 2.1 x | 1.9 x | 1.8 x |
Quarterly
WSI Industries Cash Flow
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | 997.1k | 173.0k | (814.3k) |
Depreciation and Amortization | 2.0m | 1.8m | 1.8m |
Accounts Receivable | 3.0m | (838.3k) | 1.1m |
Inventories | (2.2m) | 2.9m | (84.2k) |
Accounts Payable | 1.6m | 3.4m | 966.3k |
Cash From Operating Activities | 3.2m | 3.0m | 3.1m |
Purchases of PP&E | (192.0k) | (392.3k) | (806.3k) |
Cash From Investing Activities | (192.0k) | (377.3k) | (806.3k) |
Long-term Borrowings | (1.7m) | (1.5m) | (5.1m) |
Dividends Paid | (465.3k) | (233.6k) | |
Cash From Financing Activities | (2.1m) | (3.0m) | (215.3k) |
Net Change in Cash | 916.2k | (410.3k) | 2.1m |
Interest Paid | 346.6k | 309.4k | 273.2k |
Income Taxes Paid | 468.7k | 5.9k |
Quarterly
WSI Industries Ratios
| USD | FY, 2015 |
|---|---|
Debt/Equity | 0.7 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.1 x |
