Company Analysis

Art's-Way Manufacturing Co., Inc. (ARTW)

Nasdaq: ARTW · Farm Machinery & Equipment · Armstrong, IA · filing with the SEC since 1996
Grade3.9
◀ Past 3.4● Present 4.4▶ Future 3.6

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in November.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingNov 30, 2025Nov 30, 2024Nov 30, 2023Nov 30, 2022Nov 30, 2021Nov 30, 2020Nov 30, 2019Nov 30, 2018Nov 30, 2017Nov 30, 2016
Report filedFeb 12, 2026Feb 18, 2025Feb 28, 2024Feb 16, 2023Feb 17, 2022Feb 9, 2021Feb 6, 2020Feb 5, 2019Feb 7, 2018Feb 2, 2017
Revenue22,975,40824,499,37130,280,95725,646,152r24,965,08622,409,12322,889,17319,726,79320,715,08021,557,649
Cost of revenue16,708,70717,189,50621,697,07518,707,496r18,368,59620,009,52318,961,26016,215,23716,632,97916,237,766
Gross profit6,266,7017,309,8658,583,8826,938,656r6,596,4902,399,6003,927,9133,511,5564,082,1015,319,883
Research and development228,000216,000204,000193,000152,000199,000149,000178,000183,000140,000
Sales and marketing1,439,5291,635,1662,132,1011,904,573r2,014,1491,623,9601,602,0061,936,1471,889,4611,838,971
General and administrative4,193,7534,781,4154,322,4753,848,828r3,553,8484,208,5533,343,4433,438,9813,343,5003,437,591
Total operating expenses5,977,2466,849,1687,052,6416,333,938r6,073,0826,309,2345,424,7946,606,8265,804,1435,751,330
Operating income289,455460,6971,531,241604,718r523,408-3,909,634-1,496,881-3,095,270-1,722,042-431,447
Interest expense366,683599,396590,005404,188r313,485304,611358,174304,566319,622248,580
Other income (expense), net1,514,3053,208147,512240,414r56,9671,254,28986,235-446,629248,507157,244
Total non-operating income (expense)1,147,622-596,188-442,493-163,774r-256,518949,678-271,939-751,195-71,115-91,336
Income before income taxes1,437,077-135,4911,088,748440,944r266,890-2,959,956-1,768,820-3,846,465-1,793,157-522,783
Income tax expense402,178-41,025325,95966,823r54,259-856,470-349,234-510,416-423,798-96,601
Income from continuing operations1,034,899-94,466762,789374,121212,631-2,103,486-1,419,586-3,336,049-1,369,359-426,182
Income from discontinued operations0401,841-495,820-276,324···-50,853-267,722-395,152
Net income1,034,899307,375266,96997,797212,631-2,103,486-1,419,586-3,386,902-1,637,081-821,334
Earnings per share, basic0.200.060.050.020.05-0.48-0.33-0.81-0.39-0.20
Earnings per share, diluted0.200.060.050.020.05-0.48-0.33-0.81-0.39-0.20
Weighted average shares, basic5,091,8275,052,1675,002,2384,707,3844,515,2294,393,8874,277,3754,202,8364,151,4064,097,748
Weighted average shares, diluted5,091,8275,052,1675,002,2384,707,3844,515,2294,393,8874,277,3754,202,8364,151,4064,097,748
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:SalesRevenueNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ARTW · research, not advice