UNITED BANCORP INC /OH/ (UBCP)
United Bancorp, Inc. acts as the parent organization for Unified Bank, which delivers a comprehensive range of commercial and individual banking solutions, with a primary focus on Ohio. The bank facilitates various deposit options, including checking, savings, and certificates of deposit, and extends credit for business ventures, residential and commercial property acquisitions, and personal needs. As of December 31, 2021, its operational reach included a network of branch offices across Ohio's Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties, as well as Marshall and Ohio Counties in West Virginia and adjacent territories. A dedicated loan origination office was also present in Wheeling, West Virginia. Founded in 1902, United Bancorp, Inc. is headquartered in Martins Ferry, Ohio.
Sector: State Commercial Banks
Industry: Banks - Regional
United Bancorp, Inc.
NASDAQ:UBCPFinancial Services · Banks - Regional
+1.02%$13.87
AH Close$13.87+0.00%vs close
AH Close$13.87+0.00%vs close
Mkt Cap$79.55M
Float4.61M
O/S5.74M
Inst Own13.1%
SI0.1%
Div Yield6.85%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$47.5M
Net Income$7.75M
Total Assets$857.45M
Free Cash Flow-$1.82M
Debt & Equity
Debt 65%
Equity 35%
Total Debt$131.27M
Total Equity$70.52M
Shares Outstanding
Short Interest
Split History3 splits
- 1.1:1Forward splitNov 29, 20061 share → 1.1
- 1.1:1Forward splitNov 30, 20051 share → 1.1
- 1.1:1Forward splitDec 1, 20041 share → 1.1
Balance Sheet Details
Assets$857.45M
Liabilities$786.93M
Accounts Receivable$3.98M
Accounts Payable$0
Inventory$0
PP&E (Net)$34.09M
Goodwill$682K
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 |
| Revenue | $47.5M | $43.98M | $40.9M | $31.74M | $30.41M | $34.54M | $30.92M | $24.95M | $21.1M | $20.32M | $19.87M | $20.07M | $21.22M | $21.4M | $23.72M | $24.98M | $26.65M | $28.78M | $29.68M | $27.58M | $24.52M | $22.71M | $23.33M | $24.15M | $26.2M | $25.1M | $22.9M | $22.8M | $22.1M | $20.8M | $15.3M | $13.2M | $12.6M | $12.8M |
| YoY Growth | 8.0% | 7.5% | 28.9% | 4.4% | -12.0% | 11.7% | 23.9% | 18.2% | 3.9% | 2.2% | -1.0% | -5.4% | -0.8% | -9.8% | -5.0% | -6.3% | -7.4% | -3.0% | 7.6% | 12.4% | 8.0% | -2.7% | -3.4% | -7.8% | 4.4% | 9.6% | 0.4% | 3.2% | 6.3% | 35.9% | 15.9% | 4.8% | -1.6% | - |
| Cost of Revenue | $15.51M | $15.02M | $10.56M | $2.32M | $1.34M | $8.07M | $7.03M | $3.48M | $1.86M | $2.08M | $2.84M | $3.35M | $4.27M | $4.99M | $6.67M | $8.3M | $9.39M | $11.44M | $15.51M | $14.22M | $9.56M | $8.16M | $8.38M | $9.96M | $13.13M | $12.92M | $10.5M | $10.5M | $10.3M | $10.1M | $7.1M | $5.8M | $5.6M | $6.3M |
| Gross Profit | $31.99M | $28.96M | $30.34M | $29.43M | $29.07M | $26.47M | $23.89M | $21.48M | $19.24M | $18.23M | $17.04M | $16.72M | $16.95M | $16.41M | $17.05M | $16.69M | $17.26M | $17.34M | $14.17M | $13.36M | $14.96M | $14.55M | $14.95M | $14.2M | $13.07M | $12.18M | $12.4M | $12.3M | $11.8M | $10.7M | $8.2M | $7.4M | $7M | $6.5M |
| Gross Margin | 67.4% | 65.8% | 74.2% | 92.7% | 95.6% | 76.6% | 77.3% | 86.1% | 91.2% | 89.7% | 85.7% | 83.3% | 79.9% | 76.7% | 71.9% | 66.8% | 64.8% | 60.3% | 47.7% | 48.4% | 61.0% | 64.1% | 64.1% | 58.8% | 49.9% | 48.5% | 54.1% | 53.9% | 53.4% | 51.4% | 53.6% | 56.1% | 55.6% | 50.8% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $16.24M | $11.5M | $11.63M | $11.42M | $10.8M | $10.44M | $9.84M | $9.24M | $8.28M | $7.88M | $7.32M | $7.72M | $8.26M | $8.02M | $7.49M | $8.78M | $8.53M | $8.05M | $6.52M | $6.03M | $5.83M | $5.52M | $5.56M | $5.48M | $4.87M | $4.59M | $4.4M | $4.1M | $4.3M | $3.9M | $2.7M | $2.4M | $2.3M | $2.1M |
| Other | $7.49M | $10.16M | $9.22M | $8.47M | $7.59M | $7.45M | $6.64M | $7.15M | $5.37M | $5.19M | $5.15M | $5.43M | $5.72M | $5.45M | $5.62M | $5.14M | $5.31M | $4.57M | $4.73M | $5.01M | $4.93M | $4.93M | $4.86M | $4.51M | $4.51M | $4.12M | $3.8M | $3.9M | $3.7M | $3.4M | $2.5M | $2.5M | $2.5M | $2.3M |
| Total Operating Expenses | $23.72M | $21.67M | $20.85M | $19.89M | $18.39M | $17.89M | $16.48M | $16.4M | $13.65M | $13.07M | $12.48M | $13.15M | $13.98M | $13.47M | $13.1M | $13.92M | $13.84M | $12.63M | $11.25M | $11.05M | $10.76M | $10.45M | $10.42M | $9.99M | $9.38M | $8.71M | $8.2M | $8M | $8M | $7.3M | $5.2M | $4.9M | $4.8M | $4.4M |
| Operating Income (EBIT) | $8.27M | $7.29M | $9.49M | $9.54M | $10.68M | $8.58M | $7.41M | $5.08M | $5.59M | $5.16M | $4.56M | $3.57M | $2.97M | $2.94M | $3.94M | $2.77M | $3.42M | $4.71M | $2.92M | $2.31M | $4.2M | $4.1M | $4.54M | $4.21M | $3.69M | $3.47M | $4.2M | $4.3M | $3.8M | $3.4M | $3M | $2.5M | $2.2M | $2.1M |
| Operating Margin | 17.4% | 16.6% | 23.2% | 30.0% | 35.1% | 24.8% | 24.0% | 20.4% | 26.5% | 25.4% | 22.9% | 17.8% | 14.0% | 13.8% | 16.6% | 11.1% | 12.8% | 16.4% | 9.8% | 8.4% | 17.1% | 18.0% | 19.5% | 17.4% | 14.1% | 13.8% | 18.3% | 18.9% | 17.2% | 16.3% | 19.6% | 18.9% | 17.5% | 16.4% |
| Interest Expense | $15.02M | $14.72M | $11.01M | $3.27M | $2.6M | $4.73M | $6.12M | $3.18M | $1.76M | $1.78M | $2.28M | $2.47M | $3.03M | $3.86M | $4.71M | $6.48M | $8.06M | $10.25M | $14.52M | $12.84M | $9.15M | $7.54M | $7.84M | $9.33M | $12.35M | $12.34M | $9.8M | $9.7M | $9.4M | $8.9M | $6.6M | $5.5M | $5.3M | $6M |
| Interest Income | $41.21M | $39.14M | $36.59M | $27.52M | $24.63M | $27.53M | $26.82M | $21.07M | $17.44M | $16.46M | $15.87M | $16.19M | $16.81M | $18.23M | $19.99M | $21.45M | $23.11M | $25.42M | $26.6M | $25.28M | $22.18M | $20.51M | $20.72M | $22.1M | $24.6M | $23.73M | $21.6M | $21.2M | $20.8M | $19.6M | $14.4M | $12.3M | $11.7M | $12.2M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $8.27M | $7.29M | $9.49M | $9.54M | $10.68M | $8.58M | $7.41M | $5.08M | $5.59M | $5.16M | $4.56M | $3.57M | $2.97M | $2.94M | $3.94M | $2.77M | $3.42M | $4.71M | $2.92M | $2.31M | $4.2M | $4.1M | $4.54M | $4.21M | $3.69M | $3.47M | $4.2M | $4.3M | $3.8M | $3.4M | $3M | $2.5M | $2.2M | $2.1M |
| Income Tax Expense | $517K | -$107K | $541K | $879K | $1.23M | $629K | $599K | $800K | $2.04M | $1.58M | $1.33M | $923K | $356K | $546K | $854K | $219K | $516K | $956K | $334K | $241K | $909K | $864K | $899K | $987K | $935K | $881K | $1M | $1.1M | $1M | $800K | $800K | $500K | $500K | $500K |
| Net Income | $7.75M | $7.4M | $8.95M | $8.66M | $9.45M | $7.95M | $6.81M | $4.28M | $3.55M | $3.58M | $3.22M | $2.65M | $2.61M | $2.4M | $3.09M | $2.55M | $2.9M | $3.76M | $2.58M | $2.07M | $3.29M | $3.23M | $3.64M | $3.22M | $2.76M | $2.59M | $3.2M | $3.2M | $2.8M | $2.6M | $2.2M | $2M | $1.7M | $1.6M |
| Net Income Margin | 16.3% | 16.8% | 21.9% | 27.3% | 31.1% | 23.0% | 22.0% | 17.2% | 16.8% | 17.6% | 16.2% | 13.2% | 12.3% | 11.2% | 13.0% | 10.2% | 10.9% | 13.1% | 8.7% | 7.5% | 13.4% | 14.2% | 15.6% | 13.3% | 10.5% | 10.3% | 14.0% | 14.0% | 12.7% | 12.5% | 14.4% | 15.2% | 13.5% | 12.5% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||
| EPS | 1.41 | 1.27 | 1.57 | 1.51 | 1.62 | 1.38 | 1.19 | 0.82 | 0.71 | 0.72 | 0.65 | 0.54 | 0.53 | 0.49 | 0.63 | 0.52 | 0.62 | 0.82 | 0.57 | 0.45 | 0.71 | 0.70 | 0.78 | 0.68 | 0.57 | 0.53 | 0.63 | 0.63 | 0.57 | 0.62 | 0.53 | 0.44 | 0.39 | 0.36 |
| Diluted EPS | 1.34 | 1.27 | 1.57 | 1.51 | 1.62 | 1.38 | 1.19 | 0.82 | 0.71 | 0.71 | 0.64 | 0.53 | 0.53 | 0.48 | 0.62 | 0.52 | 0.62 | 0.82 | 0.57 | 0.45 | 0.71 | 0.70 | 0.78 | 0.68 | 0.57 | 0.53 | 0.63 | 0.63 | 0.57 | 0.62 | 0.53 | 0.44 | 0.39 | 0.36 |
| Weighted Average OS | 5.49M | 5.54M | 5.49M | 5.48M | 5.48M | 5.46M | 5.53M | 4.95M | 4.98M | 4.91M | 4.86M | 4.85M | 4.81M | 4.78M | 4.75M | 4.69M | 4.63M | 4.60M | 4.54M | 4.60M | 4.64M | 4.62M | 4.68M | 4.76M | 4.81M | 4.91M | 5.06M | 5.07M | 4.89M | 4.19M | 4.13M | 4.53M | 4.37M | 4.45M |
| EBITDA | $9.62M | $8.52M | $10.64M | $10.7M | $11.97M | $9.89M | $8.6M | $6.1M | $6.51M | $5.98M | $5.56M | $4.65M | $4.09M | $4.07M | $5.07M | $3.75M | $4.42M | $5.41M | $3.89M | $3.32M | $5.29M | $5.44M | $6.39M | $5.2M | $4.59M | $4.42M | $5M | $4.9M | $4.5M | $4.1M | $3.4M | $3M | $2.9M | $2.7M |
| EBITDA Margin | 20.2% | 19.4% | 26.0% | 33.7% | 39.4% | 28.6% | 27.8% | 24.4% | 30.9% | 29.4% | 28.0% | 23.2% | 19.3% | 19.0% | 21.4% | 15.0% | 16.6% | 18.8% | 13.1% | 12.0% | 21.6% | 24.0% | 27.4% | 21.5% | 17.5% | 17.6% | 21.8% | 21.5% | 20.4% | 19.7% | 22.2% | 22.7% | 23.0% | 21.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 |
| Assets | ||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $46.53M | $19.61M | $40.77M | $30.08M | $83M | $51.59M | $14.98M | $25.25M | $14.31M | $11.54M | $12.7M | $39.16M | $23.47M | $75.11M | $15.68M | $10.94M | $16.27M | $12.29M | $12.32M | $14.55M | $13.88M | $7.58M | $8.39M | $8.25M | $9.43M | $10.69M | $11.1M | $11.3M | $10.6M | $6.6M | $7M | $6.7M | $19.9M | $21.8M |
| Short-Term Investments | $114.8M | $119.23M | $169.96M | $217.62M | $146.31M | $158.07M | $188.78M | $123.99M | $44.96M | $39.77M | $34.62M | $19.35M | $26.56M | $34.85M | $82M | $2.56M | $17.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $161.33M | $138.84M | $210.73M | $247.7M | $229.31M | $209.66M | $203.77M | $149.24M | $59.27M | $51.31M | $47.32M | $58.51M | $50.04M | $109.96M | $97.68M | $13.5M | $33.85M | $12.29M | $12.32M | $14.55M | $13.88M | $7.58M | $8.39M | $8.25M | $9.43M | $10.69M | $11.1M | $11.3M | $10.6M | $6.6M | $7M | $6.7M | $19.9M | $21.8M |
| Accounts Receivable | $3.98M | $4.32M | $4.1M | $3.4M | $2.35M | $2.9M | $2.7M | $1.8M | $993K | $840K | $803K | $829K | $1.02M | $1.08M | $1.41M | $1.44M | $2.22M | $3.04M | $3.15M | $2.58M | $2.36M | $2.25M | $2.37M | $2.6M | $2.8M | $2.76M | $2.3M | $2.2M | $2M | $1.4M | $1.9M | $2.5M | $0 | $1.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $165.31M | $143.16M | $214.83M | $251.11M | $231.66M | $212.56M | $206.47M | $151.04M | $60.27M | $52.15M | $48.13M | $59.34M | $51.06M | $111.04M | $99.09M | $14.94M | $36.06M | $15.33M | $15.47M | $17.13M | $16.24M | $9.83M | $10.76M | $10.85M | $12.22M | $13.45M | $13.4M | $13.5M | $12.6M | $8M | $8.9M | $9.2M | $19.9M | $23.6M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $34.09M | $23.6M | $14.98M | $12.14M | $12.76M | $13.74M | $12.4M | $12.12M | $11.74M | $11.88M | $10.45M | $10.07M | $10.72M | $10.38M | $9.8M | $9.28M | $8.69M | $8.47M | $7.08M | $7.26M | $7.61M | $7.76M | $8.15M | $8.93M | $9.08M | $9.52M | $9M | $7M | $6.5M | $5.2M | $4.9M | $4.9M | $4.8M | $4.8M |
| Goodwill | $682K | $682K | $682K | $682K | $682K | $682K | $682K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $122K | $260K | $410K | $560K | $710K | $860K | $1.69M | $0 | $0 | $0 | $66K | $186K | $305K | $424K | $543K | $656K | $775K | $0 | $0 | $18K | $34K | $57K | $75K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $489.84M | $494.33M | $482.69M | $462.34M | $451.11M | $439.1M | $440.14M | $407.73M | $366.86M | $354.71M | $327.58M | $314.94M | $309.76M | $298.35M | $288.02M | $378.52M | $366.2M | $380.55M | $413.66M | $380.85M | $371.31M | $365.22M | $352.18M | $330.71M | $304.88M | $298.95M | $272.6M | $258.9M | $243.5M | $188.5M | $177.4M | $171.5M | $145.3M | $136.3M |
| Deferred Tax Assets | $3.38M | $5.88M | $2.41M | $2.42M | $0 | $0 | $0 | $0 | $349K | $850K | $521K | $493K | $744K | $887K | $909K | $801K | $333K | $532K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $164.13M | $148.88M | $103.59M | $28.29M | $27.69M | $26.61M | $25.16M | $20.63M | $20.11M | $18.42M | $18.45M | $16.9M | $16.69M | $17.39M | $17.32M | $19.35M | $34.03M | $36.15M | $15.16M | $16.41M | $16.75M | $14.68M | $14.38M | $11.14M | $15.13M | $1.96M | $3.8M | $6.1M | $1M | $700K | $0 | $0 | $1.7M | $0 |
| Total Long-Term Assets | $692.13M | $673.5M | $604.62M | $506.29M | $492.8M | $480.84M | $479.24M | $442.17M | $399.06M | $385.87M | $357M | $342.47M | $338.11M | $327.32M | $316.48M | $408.5M | $409.91M | $426.48M | $435.9M | $404.52M | $395.69M | $387.69M | $374.76M | $350.86M | $329.09M | $310.43M | $285.4M | $272M | $251M | $194.4M | $182.3M | $176.4M | $151.8M | $141.1M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $857.45M | $816.66M | $819.45M | $757.4M | $724.46M | $693.4M | $685.71M | $593.21M | $459.33M | $438.02M | $405.12M | $401.81M | $389.04M | $438.35M | $415.57M | $423.44M | $445.97M | $441.8M | $451.37M | $421.65M | $411.93M | $397.52M | $385.52M | $361.71M | $341.32M | $323.89M | $298.8M | $285.5M | $263.6M | $202.4M | $191.2M | $185.6M | $171.7M | $164.7M |
| Liabilities | ||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $5.92M | $6.57M | $7.04M | $5.72M | $4.61M | $4.24M | $3.2M | $3.66M | $2.8M | $2.79M | $4.19M | $3.92M | $0 | $0 | $5.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $700K | $700K |
| Short-Term Debt | $29.4M | $30.49M | $26.78M | $18.11M | $15.7M | $12.71M | $6.92M | $8.07M | $11.09M | $9.39M | $11.38M | $10.2M | $11.49M | $21.36M | $19.94M | $11.84M | $10.28M | $51.55M | $81.53M | $53.24M | $54.69M | $50.43M | $20.77M | $25.4M | $7.93M | $4.86M | $35.5M | $16.9M | $11.5M | $8.6M | $4.6M | $4.6M | $2.8M | $3.7M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200K | $200K |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $641.37M | $613.49M | $621.46M | $649.91M | $605.14M | $579.53M | $548.07M | $525.44M | $385.97M | $338.8M | $323.62M | $322.68M | $310.64M | $350.42M | $328.54M | $325.45M | $344.54M | $347.05M | $330.49M | $330M | $306.92M | $300.63M | $304.53M | $300.2M | $283.38M | $267.55M | $235.6M | $229.1M | $223.5M | $171.5M | $166.6M | $163.3M | $152.3M | $145.6M |
| Total Current Liabilities | $670.77M | $643.99M | $648.24M | $673.94M | $627.41M | $599.28M | $560.71M | $538.12M | $405.53M | $354.6M | $342.33M | $338.48M | $327.72M | $380.16M | $352.4M | $337.29M | $354.82M | $409.2M | $412.02M | $383.24M | $361.6M | $351.06M | $325.29M | $325.6M | $291.3M | $272.41M | $271.1M | $246M | $235M | $180.1M | $171.2M | $167.9M | $156.7M | $150.9M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||
| Long-Term Debt | $98.91M | $98.85M | $98.79M | $23.73M | $23.66M | $23.6M | $63.34M | $4.23M | $14.15M | $43.98M | $30.65M | $30.84M | $31.11M | $36.44M | $36.95M | $47.45M | $53.13M | $47.74M | $4M | $4M | $16.33M | $12.44M | $25.57M | $1.01M | $18.3M | $21.25M | $30.6M | $10.5M | $4.3M | $700K | $100K | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $1.68M | $2.19M | $1.74M | $219K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $14.29M | $7.49M | $6.07M | $0 | $0 | $0 | $0 | $0 | -$4.24M | -$3.2M | -$9.35M | -$7.9M | -$8.54M | -$14.87M | -$9.97M | $3.12M | $2.81M | -$49.05M | $1.46M | $1.83M | $1.52M | $1.2M | $2.15M | $2.94M | $1.24M | $1.54M | -$28.2M | $1.7M | -$1.4M | $1.6M | $1.4M | $1.2M | -$400K | -$300K |
| Total Long-Term Liabilities | $116.16M | $109.21M | $107.62M | $23.73M | $25.35M | $25.79M | $65.08M | $4.45M | $9.91M | $40.78M | $21.3M | $22.95M | $22.58M | $21.57M | $26.98M | $50.56M | $55.94M | -$1.3M | $5.46M | $5.83M | $17.85M | $13.64M | $27.71M | $3.95M | $19.54M | $22.79M | $2.4M | $12.2M | $2.9M | $2.3M | $1.5M | $1.2M | -$400K | -$300K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $786.93M | $753.2M | $755.86M | $697.66M | $652.75M | $625.07M | $625.78M | $542.57M | $415.44M | $395.38M | $363.63M | $361.42M | $350.17M | $401.73M | $379.38M | $387.85M | $410.76M | $407.9M | $417.48M | $389.07M | $379.45M | $364.7M | $353.01M | $329.56M | $310.84M | $295.21M | $273.5M | $258.2M | $237.9M | $182.4M | $172.7M | $169.1M | $156.3M | $150.6M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $6.21M | $6.2M | $6.06M | $6.04M | $6.05M | $6.05M | $5.96M | $5.93M | $5.43M | $5.42M | $5.38M | $5.38M | $5.38M | $5.38M | $5.36M | $5.37M | $5.37M | $5.19M | $5.18M | $5.13M | $4.62M | $4.13M | $3.75M | $3.41M | $3.25M | $3.09M | $2.9M | $2.8M | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $48.58M | $46.31M | $44.02M | $41.95M | $37.85M | $32.5M | $27.91M | $24.32M | $23.26M | $22.48M | $21.44M | $20.48M | $19.6M | $18.54M | $18.4M | $15.31M | $12.76M | $9.86M | $7.11M | $6.96M | $7.78M | $7.02M | $6.05M | $4.47M | $5.04M | $5.85M | $6.5M | $6.8M | $7.3M | $6.1M | $6.9M | $5.5M | $7.6M | $7.2M |
| Comprehensive Income & Other | -$5.35M | -$10.1M | -$7.48M | -$9.34M | $6.96M | $9.28M | $5.54M | -$10K | -$420K | -$454K | -$181K | $57K | -$191K | -$1.09M | -$920K | -$707K | -$507K | -$1.09M | -$4.48M | -$6.2M | -$6.5M | -$1.39M | -$883K | $391K | -$574K | -$1.68M | -$3.8M | -$100K | $200K | $100K | $300K | -$200K | $100K | $0 |
| Other Stockholders' Equity | $15.73M | $10.95M | $13.51M | $11.75M | $27.8M | $29.79M | $26.06M | $20.39M | $15.2M | $14.73M | $14.67M | $14.53M | $13.9M | $12.71M | $12.42M | $14.9M | $17.08M | $18.86M | $21.6M | $20.49M | $20.09M | $21.68M | $22.71M | $24.27M | $22.18M | $19.73M | $15.9M | $17.7M | $18.4M | $13.9M | $11.6M | $11M | $7.8M | $6.9M |
| Total Equity | $70.52M | $63.46M | $63.59M | $59.74M | $71.7M | $68.33M | $59.92M | $50.64M | $43.9M | $42.64M | $41.5M | $40.39M | $38.87M | $36.63M | $36.18M | $35.58M | $35.21M | $33.9M | $33.89M | $32.58M | $32.48M | $32.82M | $32.51M | $32.15M | $30.47M | $28.68M | $25.3M | $27.3M | $25.7M | $20M | $18.5M | $16.5M | $15.4M | $14.1M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $857.45M | $816.66M | $819.45M | $757.4M | $724.46M | $693.4M | $685.71M | $593.21M | $459.33M | $438.02M | $405.12M | $401.81M | $389.04M | $438.35M | $415.57M | $423.44M | $445.97M | $441.8M | $451.37M | $421.65M | $411.93M | $397.52M | $385.52M | $361.71M | $341.32M | $323.89M | $298.8M | $285.5M | $263.6M | $202.4M | $191.2M | $185.6M | $171.7M | $164.7M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||
| Total Debt | $131.27M | $132.21M | $128.33M | $41.83M | $39.37M | $36.31M | $70.26M | $12.3M | $25.23M | $53.37M | $42.04M | $41.04M | $42.61M | $57.8M | $56.89M | $59.29M | $63.41M | $99.3M | $85.53M | $57.24M | $71.02M | $62.87M | $46.33M | $26.41M | $26.23M | $26.11M | $66.1M | $27.4M | $15.8M | $9.3M | $4.7M | $4.6M | $2.8M | $3.7M |
| Net Debt | $84.74M | $112.61M | $87.56M | $11.75M | -$43.63M | -$15.28M | $55.27M | -$12.96M | $10.92M | $41.83M | $29.34M | $1.88M | $19.13M | -$17.31M | $41.21M | $48.36M | $47.13M | $87.01M | $73.21M | $42.69M | $57.14M | $55.29M | $37.95M | $18.16M | $16.8M | $15.41M | $55M | $16.1M | $5.2M | $2.7M | -$2.3M | -$2.1M | -$17.1M | -$18.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | $7.75M | $7.4M | $8.95M | $8.66M | $9.45M | $7.95M | $6.81M | $4.28M | $3.55M | $3.58M | $3.22M | $2.65M | $2.61M | $2.4M | $3.09M | $2.55M | $2.9M | $3.76M | $2.58M | $2.07M | $3.29M | $3.23M | $3.64M | $3.22M | $2.76M | $2.59M | $3.2M | $3.2M | $2.8M | $2.6M | $2.2M | $2M | $1.7M | $1.6M |
| Depreciation & Amortization | $1.35M | $1.23M | $1.15M | $1.16M | $1.29M | $1.31M | $1.19M | $1.02M | $924K | $831K | $1.01M | $1.09M | $1.12M | $1.12M | $1.13M | $980K | $1M | $696K | $973K | $1.01M | $1.08M | $1.35M | $1.85M | $996K | $901K | $949K | $800K | $600K | $700K | $700K | $400K | $500K | $700K | $600K |
| Deferred Income Tax | $0 | -$904K | $13K | $342K | $112K | -$547K | $42K | $375K | $545K | $82K | -$175K | $120K | -$327K | -$111K | -$44K | -$365K | -$104K | -$48K | -$159K | $454K | -$49K | $33K | $151K | $82K | -$84K | $151K | -$100K | $100K | -$100K | $0 | -$100K | $100K | -$100K | -$100K |
| Stock-Based Compensation | $0 | $884K | $658K | $1M | $414K | $594K | $565K | $567K | $443K | $378K | $360K | $354K | $363K | $408K | $403K | $220K | $79K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||||
| Accounts Receivable | $370K | -$254K | -$695K | -$1.06M | $556K | -$205K | -$898K | -$660K | -$153K | -$37K | $26K | $193K | $54K | $334K | $31K | $777K | $819K | $109K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $923K | $1.76M | -$31K | -$275K | $179K | $1.32M | $910K | -$554K | $1.04M | -$458K | $860K | $7K | $405K | $54K | -$125K | $244K | -$2.57M | $1.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$750K | -$2.58M | -$710K | -$1.01M | -$1.68M | -$2.26M | -$1.27M | $200K | -$1.92M | -$347K | -$1.63M | -$1.17M | $1.47M | $237K | $120K | $57K | -$1.33M | -$1.49M | -$502K | -$708K | -$167K | -$898K | -$965K | -$280K | -$602K | -$655K | -$200K | -$200K | $200K | -$300K | $600K | -$700K | $100K | -$400K |
| Total Working Capital Change | $543K | -$1.08M | -$1.44M | -$2.35M | -$943K | -$1.14M | -$1.26M | -$1.01M | -$1.03M | -$842K | -$741K | -$973K | $1.93M | $625K | $26K | $1.08M | -$3.08M | $455K | -$502K | -$708K | -$167K | -$898K | -$965K | -$280K | -$602K | -$655K | -$200K | -$200K | $200K | -$300K | $600K | -$700K | $100K | -$400K |
| Other Non-Cash Items | $311K | $918K | $131K | -$338K | -$2.13M | $1.21M | $1.27M | $529K | $143K | $148K | $594K | $936K | $1.47M | $1.16M | $1.63M | $2.17M | $1.14M | $1.14M | $382K | $1.06M | -$196K | $147K | -$476K | $42K | $384K | $424K | $400K | $400K | $900K | $1.1M | $600K | $300K | -$100K | $300K |
| Net Cash from Operating | $9.96M | $8.45M | $9.46M | $8.48M | $8.19M | $9.37M | $8.62M | $5.75M | $4.57M | $4.18M | $4.28M | $4.18M | $7.17M | $5.6M | $6.24M | $6.63M | $1.95M | $6M | $3.28M | $3.89M | $3.97M | $3.86M | $4.2M | $4.06M | $3.35M | $3.46M | $4.1M | $4.1M | $4.5M | $4.1M | $3.7M | $2.2M | $2.3M | $2M |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$22.45M | -$9.7M | -$1.08M | -$511K | -$777K | -$2.52M | -$1.34M | -$785K | -$782K | -$2.26M | -$1.31M | -$309K | -$1.32M | -$1.53M | -$1.49M | -$1.4M | -$1.01M | -$1.16M | -$308K | -$248K | -$484K | -$390K | -$128K | -$1M | -$441K | -$1.41M | -$2.8M | -$1M | -$800K | -$900K | -$300K | -$200K | -$400K | -$200K |
| Acquisitions | $56K | $0 | $0 | $0 | $0 | $0 | $0 | $23.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $37.99M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$35.93M | -$46.12M | -$25.92M | -$99.99M | -$24.37M | -$22.6M | -$102.64M | -$78.12M | -$12.25M | -$42M | -$57M | -$9.3M | -$18M | -$51.96M | -$88.9M | -$104.1M | -$67.77M | -$60.22M | -$51.26M | -$32.59M | -$31.63M | -$71.9M | -$131.88M | -$150.14M | -$97.48M | -$10.15M | -$23.4M | -$71.7M | -$29.7M | -$24.1M | -$4.2M | -$21.6M | -$17.5M | -$39.1M |
| Sales of Investments | $54.3M | $44.49M | $2.33M | $6.19M | $33.52M | $61.68M | $45.26M | $23.86M | $7.25M | $36.6M | $42.14M | $17.74M | $26.96M | $100.63M | $105.99M | $112.06M | $102.35M | $94.04M | $23.99M | $26.54M | $38.68M | $74.5M | $115.17M | $134.37M | $80.48M | $4.19M | $20.5M | $48.7M | $25M | $21.1M | $12.8M | $15.2M | $15.7M | $19.2M |
| Other Investing Activities | $6K | -$8.14M | -$23.8M | -$8.94M | -$9.58M | -$2.89M | -$37.07M | -$30.97M | -$12.27M | -$27.34M | -$13.67M | -$6.01M | -$14.66M | -$13.2M | -$5.13M | -$7.92M | -$38.6M | -$5.25M | -$3.57M | -$935K | -$16.98M | -$16.98M | -$11.44M | -$14.85M | $13.01M | -$17.21M | -$16.8M | $6.6M | -$5.6M | -$10.1M | -$14.3M | -$19.9M | -$7.3M | -$1.7M |
| Net Cash from Investing | -$4.01M | -$19.46M | -$48.47M | -$103.26M | -$1.21M | $33.67M | -$95.79M | -$62.55M | -$18.05M | -$35M | -$29.84M | $2.12M | -$7.02M | $33.95M | $10.47M | -$1.36M | -$5.04M | $65.41M | -$31.15M | -$7.23M | -$10.42M | -$14.77M | -$28.28M | -$31.61M | -$4.42M | -$24.59M | -$22.5M | -$17.4M | -$11.1M | -$14M | -$6M | -$26.5M | -$9.5M | -$21.8M |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Debt Repaid | $1K | $93K | -$75M | - | - | $39.8M | -$59.08M | $9.92M | $29.83M | -$13.32M | $189K | $272K | $5.45M | -$202K | $12.37M | $4.11M | -$7.85M | $27.17M | -$28.18M | $16.67M | -$5.13M | $1.51M | $646K | -$9.15M | -$2.06M | $773K | -$900K | -$4.5M | -$1.2M | -$200K | -$100K | -$1.8M | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $121K | $0 | $0 | $331K | $414K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$317K | -$687K | -$733K | -$767K | -$72K | -$526K | -$416K | $0 | $0 | $0 | $0 | $0 | -$70K | -$63K | $0 | $0 | -$86K | -$233K | -$1.11M | $0 | $0 | -$652K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$5.48M | -$5.11M | -$4.79M | -$4.56M | -$4.1M | -$3.36M | -$3.23M | -$3.22M | -$2.77M | -$2.54M | -$2.26M | -$1.77M | -$1.56M | -$2.25M | -$2.99M | -$2.96M | -$2.87M | -$2.71M | -$2.44M | -$2.42M | -$2.12M | -$1.88M | -$1.72M | -$1.65M | -$1.59M | -$1.55M | -$1.5M | -$1.2M | -$1M | -$900K | -$800K | -$600K | -$500K | -$500K |
| Other Financing Activities | $27.87M | -$4.25M | -$19.78M | $47.18M | $28.6M | $37.26M | $21.47M | $80.87M | $48.85M | $18.88M | $941K | $12.08M | -$39.78M | $22M | $3.4M | -$18.54M | -$2M | -$22.57M | $999K | $23.09M | $6.28M | -$3.9M | $4.32M | $16.82M | $15.82M | $32.01M | $6.3M | $5.5M | $5.3M | $6.6M | $3.3M | $10M | $5.8M | $26.7M |
| Net Cash from Financing | $20.98M | -$10.14M | $49.7M | $41.86M | $24.42M | -$6.43M | $76.91M | $67.73M | $16.25M | $29.67M | -$895K | $9.39M | -$51.79M | $19.88M | -$11.96M | -$25.61M | $2.89M | -$52.26M | $25.64M | $4.02M | $12.75M | $10.11M | $22.18M | $14.45M | $13.76M | $19.95M | $13.8M | $19.1M | $7.7M | $10.4M | $2.6M | $11.2M | $5.3M | $26.2M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $26.92M | -$21.16M | $10.69M | -$52.92M | $31.41M | $36.61M | -$10.27M | $10.94M | $2.77M | -$1.16M | -$26.46M | $15.69M | -$51.63M | $59.43M | $4.75M | -$20.34M | -$198K | $19.14M | -$2.23M | $677K | $6.3M | -$806K | -$1.9M | -$13.1M | $12.7M | -$1.18M | -$4.6M | $5.9M | $1.1M | -$9M | -$6.7M | -$19.9M | -$21.8M | -$15.4M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $9.96M | $8.45M | $9.46M | $8.48M | $8.19M | $9.37M | $8.62M | $5.75M | $4.57M | $4.18M | $4.28M | $4.18M | $7.17M | $5.6M | $6.24M | $6.63M | $1.95M | $6M | $3.28M | $3.89M | $3.97M | $3.86M | $4.2M | $4.06M | $3.35M | $3.46M | $4.1M | $4.1M | $4.5M | $4.1M | $3.7M | $2.2M | $2.3M | $2M |
| Capital Expenditure | -$11.78M | -$9.7M | -$1.08M | -$511K | -$777K | -$2.52M | -$1.34M | -$785K | -$782K | -$2.26M | -$1.31M | -$309K | -$1.32M | -$1.53M | -$1.49M | -$1.4M | -$1.01M | -$1.16M | -$308K | -$248K | -$484K | -$390K | -$128K | -$1M | -$441K | -$1.41M | -$2.8M | -$1M | -$800K | -$900K | -$300K | -$200K | -$400K | -$200K |
| Free Cash Flow | -$1.82M | -$1.25M | $8.38M | $7.97M | $7.42M | $6.85M | $7.28M | $4.97M | $3.79M | $1.92M | $2.96M | $3.87M | $5.85M | $4.07M | $4.75M | $5.23M | $931K | $4.84M | $2.97M | $3.64M | $3.48M | $3.47M | $4.07M | $3.06M | $2.91M | $2.05M | $1.3M | $3.1M | $3.7M | $3.2M | $3.4M | $2M | $1.9M | $1.8M |
| Cash at Beginning | $19.61M | $40.77M | $30.08M | $83M | $51.59M | $14.98M | $25.25M | $14.31M | $11.54M | $12.7M | $39.16M | $23.47M | $75.11M | $15.68M | $10.94M | $31.27M | $31.47M | $12.32M | $14.55M | $13.88M | $7.58M | $8.39M | $10.29M | $23.39M | $10.69M | $11.88M | $16.5M | $10.6M | $9.5M | $9M | $6.7M | $19.9M | $21.8M | $15.4M |
| Cash at End | $46.53M | $19.61M | $40.77M | $30.08M | $83M | $51.59M | $14.98M | $25.25M | $14.31M | $11.54M | $12.7M | $39.16M | $23.47M | $75.11M | $15.68M | $10.94M | $31.27M | $31.47M | $12.32M | $14.55M | $13.88M | $7.58M | $8.39M | $10.29M | $23.39M | $10.69M | $11.9M | $16.5M | $10.6M | $15.8M | $9.3M | $31.1M | $27.1M | $41.6M |