Eaton Vance Municipal Income Trust (EVN)
The Eaton Vance Municipal Income Trust functions as a closed-end investment vehicle, with its management overseen by Eaton Vance Management. Its core strategy involves primarily allocating capital to high-quality municipal debt instruments. These investments are diversified across numerous public sector areas, including cogeneration, education, electric utilities, general obligations, healthcare, hospitals, housing, transportation, and nursing homes. This fund was founded in 1998 and maintains its domicile in the United States.
Industry: Asset Management - Income
Eaton Vance Municipal Income Trust
NYSE:EVNFinancial Services · Asset Management - Income
-0.30%$9.83
AH Close$9.83+0.00%vs close
AH$9.83+0.00%vs close
Mkt Cap$392.44M
Float38.47M
O/S39.92M
Inst Own21.7%
SI0.2%
Div Yield6.26%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$18.45M
Net Income$423K
Total Assets$640.45M
Free Cash Flow$17.37M
Debt & Equity
Debt 32%
Equity 68%
Total Debt$199.54M
Total Equity$433.11M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EVN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$640.45M
Liabilities$207.34M
Accounts Receivable$8.67M
Accounts Payable$7.08M
Inventory$0
PP&E (Net)$0
Goodwill$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 |
| Revenue | $18.45M | $44.89M | $17.63M | -$89.98M | $30.63M | $32.37M | $63.57M | $3.29M | $25.46M | $27.86M | $26.46M | $26.05M | $25.56M | $26.22M | $27.82M | $28.74M | $24.21M | $23.94M | $26.52M | $27.14M | $24.19M | $25.56M | $25.29M | $24.75M |
| YoY Growth | -58.9% | 154.6% | -119.6% | -393.8% | -5.4% | -49.1% | 1834.6% | -87.1% | -8.6% | 5.3% | 1.6% | 1.9% | -2.5% | -5.8% | -3.2% | 18.7% | 1.1% | -9.7% | -2.3% | 12.2% | -5.4% | 1.1% | 2.2% | - |
| Cost of Revenue | $4.05M | $6.32M | $7.61M | $3.92M | $1.62M | $5.58M | $5.84M | $3.79M | $3.94M | $3.95M | $5.31M | $5.02M | $5.14M | $5.41M | $5.13M | $5.17M | $4.45M | $5.41M | $7.93M | $8.21M | $4.24M | $4.08M | $4.01M | $3.87M |
| Gross Profit | $14.4M | $38.57M | $13.46M | -$93.91M | $29.01M | $24.16M | $57.73M | -$503K | $21.51M | $23.91M | $21.15M | $21.03M | $20.42M | $20.81M | $22.69M | $23.57M | $19.76M | $18.53M | $18.59M | $18.93M | $19.95M | $21.48M | $21.28M | $20.88M |
| Gross Margin | 78.0% | 85.9% | 76.4% | 104.4% | 94.7% | 74.6% | 90.8% | -15.3% | 84.5% | 85.8% | 79.9% | 80.7% | 79.9% | 79.4% | 81.6% | 82.0% | 81.6% | 77.4% | 70.1% | 69.7% | 82.5% | 84.0% | 84.1% | 84.4% |
| Research and Development | $0 | $0 | $0 | -$14 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.82M | $1.77M | $1.74M | $2.02M | $2.16M | $2.17M | $1.98M | $1.28M | $1.34M | $0 | $4.42M | $4.33M | $4.41M | $50K | $30K | $70K | $70K | $50K | $50K | $40K | $40K | $30K | $0 | $70K |
| Other | $5.97M | $18K | $19K | $18K | $19K | $3.58M | $61.59M | $19K | $34K | $23.78M | $77K | $110K | $120K | $140K | $230K | $140K | $110K | $100K | $70K | $70K | $90K | $60K | $70K | $80K |
| Total Operating Expenses | $7.78M | $1.79M | $1.76M | $2.04M | $2.18M | $5.75M | $63.57M | $1.3M | $25.46M | $4.42M | $2.58M | $52.74M | $67.72M | $190K | $260K | $210K | $180K | $150K | $120K | $110K | $130K | $90K | $70K | $150K |
| Operating Income (EBIT) | $6.61M | $36.78M | $24.39M | -$92.02M | $28.45M | $39.44M | $26.49M | $19.5M | $20.29M | $20.82M | $22.04M | $21.72M | $21.15M | $20.63M | $22.43M | $23.36M | $19.58M | $18.38M | $18.48M | $18.82M | $19.82M | $21.39M | $21.2M | $20.72M |
| Operating Margin | 35.9% | 81.9% | 138.3% | 102.3% | 92.9% | 121.8% | 41.7% | 593.4% | 79.7% | 74.7% | 83.3% | 83.4% | 82.7% | 78.7% | 80.6% | 81.3% | 80.9% | 76.8% | 69.7% | 69.3% | 81.9% | 83.7% | 83.8% | 83.7% |
| Interest Expense | $6.19M | $6.32M | $7.61M | $3.92M | $1.62M | $3.86M | $6.36M | $4.98M | $3.93M | $2.73M | $1.84M | $57.07M | $0 | $68.69M | $8.08M | $7.07M | $50.02M | -$92.44M | -$23.29M | $20.18M | $4.8M | $3.07M | -$2.32M | $1.54M |
| Interest Income | $30.2M | $28.54M | $28.73M | $29.61M | $31.51M | $32.37M | $32.46M | $23.48M | $24.45M | $2.59M | $1M | $836K | $888K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$6.19M | -$6.32M | -$11.1M | -$3.92M | -$1.62M | -$3.86M | $0 | -$17.51M | $3.79M | -$10.57M | $833K | $56.24M | -$64.2M | $61.83M | -$7.86M | $3.6M | $51.52M | -$107.98M | -$26.18M | $24.71M | $10.34M | -$2.27M | $17.02M | $70K |
| Income Before Tax (EBT) | $423K | $36.78M | $13.29M | -$95.94M | $26.83M | $35.58M | $61.53M | $1.99M | $24.08M | $10.25M | $22.88M | $77.95M | -$43.05M | $82.46M | $14.57M | $26.96M | $71.1M | -$89.6M | -$7.7M | $43.53M | $30.16M | $19.12M | $38.22M | $20.79M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $833K | $56.24M | -$64.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $423K | $36.78M | $13.29M | -$95.94M | $26.83M | $35.58M | $61.53M | $1.99M | $24.08M | $12.98M | $22.71M | $77.83M | -$43.25M | $82.46M | $14.57M | $26.96M | $71.1M | -$89.6M | -$7.7M | $43.53M | $30.16M | $19.12M | $38.22M | $20.79M |
| Net Income Margin | 2.3% | 81.9% | 75.4% | 106.6% | 87.6% | 109.9% | 96.8% | 60.5% | 94.6% | 46.6% | 85.8% | 298.8% | -169.2% | 314.5% | 52.4% | 93.8% | 293.7% | -374.3% | -29.0% | 160.4% | 124.7% | 74.8% | 151.1% | 84.0% |
| Supplementary Data | ||||||||||||||||||||||||
| EPS | 0.01 | 0.93 | 0.34 | -2.42 | 0.68 | 0.90 | 1.55 | 0.08 | 1.01 | 1.27 | 0.96 | 3.28 | -1.85 | 3.62 | 0.64 | 1.19 | 3.16 | -5.18 | -0.45 | 2.54 | 1.77 | 1.13 | 2.28 | 1.25 |
| Diluted EPS | 0.01 | 0.93 | 0.34 | -2.42 | 0.68 | 0.90 | 1.55 | 0.08 | 1.01 | 19476729.00 | 0.96 | 3.28 | -1.85 | 3.62 | 0.64 | 1.19 | 3.16 | -5.18 | -0.45 | 2.54 | 1.77 | 1.13 | 2.28 | 1.25 |
| Weighted Average OS | 39.87M | 39.67M | 39.67M | 39.67M | 39.67M | 39.67M | 39.67M | 23.78M | 23.65M | 23.78M | 23.76M | 23.70M | 23.36M | 22.80M | 22.77M | 22.64M | 22.49M | 17.29M | 17.19M | 17.14M | 17.06M | 16.94M | 16.79M | 16.61M |
| EBITDA | $6.61M | $36.78M | $20.9M | -$92.02M | $28.45M | $39.44M | $61.53M | $2.16M | $24.08M | $10.25M | $22.04M | $135.03M | -$106.36M | $151.15M | $22.65M | $34.03M | $121.12M | -$182.04M | -$30.99M | $63.71M | $34.96M | $22.19M | $35.9M | $22.33M |
| EBITDA Margin | 35.9% | 81.9% | 118.5% | 102.3% | 92.9% | 121.8% | 96.8% | 65.7% | 94.6% | 36.8% | 83.3% | 518.4% | -416.1% | 576.5% | 81.4% | 118.4% | 500.3% | -760.4% | -116.9% | 234.7% | 144.5% | 86.8% | 142.0% | 90.2% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $0 | $40K | $135K | $4.85M | $10.05M | $3.85M | $2.52M | $3.91M | $274K | $2.97M | $3.34M | $0 | $0 | $700K | $1.5M | $6.6M | $600K | $0 | $2.8M | $0 | $0 | $1.8M | $0 | $500K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $0 | $40K | $135K | $4.85M | $10.05M | $3.85M | $2.52M | $3.91M | $274K | $2.97M | $3.34M | $0 | $0 | $700K | $1.5M | $6.6M | $600K | $0 | $2.8M | $0 | $0 | $1.8M | $0 | $500K |
| Accounts Receivable | $8.67M | $16.02M | $11.49M | $11.91M | $10.49M | $10.4M | $11.35M | $7.11M | $9.91M | $6.69M | $8.33M | $13.64M | $6.45M | $8.1M | $19.1M | $10M | $7.3M | $10.7M | $7.4M | $7.7M | $6.9M | $7.4M | $12.7M | $6.6M |
| 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 |
| Other Current Assets | $0 | -$16.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $8.67M | $40K | $11.63M | $16.76M | $20.54M | $14.25M | $13.87M | $11.01M | $10.18M | $9.66M | $11.67M | $13.64M | $6.45M | $8.8M | $20.6M | $16.6M | $7.9M | $10.7M | $10.2M | $7.7M | $6.9M | $9.2M | $12.7M | $7.1M |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $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 | $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 Investments | $631.59M | $634.48M | $605.92M | $664M | $844.53M | $852.23M | $853.62M | $504.03M | $537.63M | $490.57M | $532.95M | $514.81M | $451.59M | $542.9M | $473.7M | $482.3M | $439.8M | $294.2M | $456.3M | $503.2M | $378.8M | $359.1M | $355.2M | $340.8M |
| Deferred Tax 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 |
| Other Long-Term Assets | $191K | $0 | $0 | $0 | $0 | $0 | $0 | -$504.03M | -$537.63M | $38.72M | $42.05M | $39.69M | $22.26M | -$542.9M | -$473.7M | -$482.3M | -$439.8M | -$294.2M | -$456.3M | -$503.2M | -$378.8M | -$359.1M | -$355.2M | -$340.8M |
| Total Long-Term Assets | $631.78M | $634.48M | $605.92M | $664M | $844.53M | $852.23M | $853.62M | $504.03M | $537.63M | $529.29M | $575M | $554.5M | $473.84M | $543M | $473.8M | $482.4M | $439.9M | $294.2M | $456.3M | $503.2M | $378.8M | $359.1M | $355.2M | $340.8M |
| Other Assets | $0 | $16.16M | $118K | $0 | $0 | $866.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.6M | $0 | $0 | $0 | $100K | -$100K | $0 | $0 | $100K | $200K | $100K |
| Total Assets | $640.45M | $650.68M | $617.66M | $680.76M | $865.08M | $866.49M | $867.5M | $515.05M | $547.81M | $538.94M | $586.67M | $568.14M | $480.29M | $554.4M | $494.4M | $499M | $447.8M | $305M | $466.4M | $510.9M | $385.7M | $368.4M | $368.1M | $348M |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $7.08M | $15.47M | $4.94M | $4.87M | $6.9M | $555K | $1.58M | $9.04M | $3.76M | $0 | $3.5M | $0 | $0 | $0 | $0 | $0 | $0 | $4.1M | $2.4M | $400K | $0 | $900K | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.61M | $1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
| 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 |
| Other Current Liabilities | $0 | -$310K | $2.04M | -$334K | -$8.01M | -$977K | -$490K | -$9.32M | -$4.08M | $969K | $746K | $703K | $657K | $0 | $0 | $0 | $0 | -$4.1M | -$2.4M | -$400K | $0 | -$900K | $0 | $0 |
| Total Current Liabilities | $7.08M | $15.47M | $7.28M | $4.87M | $428K | $1.2M | $1.58M | $9.47M | $4.26M | $1.65M | $4.24M | $5.31M | $1.85M | $129M | $130.1M | $127.7M | $83.4M | $54M | $87.4M | $105.7M | $7.6M | $900K | $0 | $100K |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $199.54M | $179.59M | $171.29M | $229M | $293.07M | $304.98M | $318.19M | $203.56M | $0 | $215.38M | $152.92M | $135.6M | $112M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 |
| Long-Term Deferred Tax 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 |
| Other Long-Term Liabilities | $724K | $692K | $0 | $581K | $0 | $0 | $0 | -$203.56M | $0 | $0 | -$152.92M | -$135.6M | -$112M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $200.27M | $180.28M | $171.29M | $229.58M | $293.07M | $304.98M | $318.19M | $203.56M | $213.69M | $215.38M | $152.92M | $135.6M | $112M | $0 | $0 | $0 | $0 | $300K | $0 | $400K | $0 | $0 | $500K | $500K |
| Other Liabilities | $0 | $195.76M | -$1.68M | $224.71M | $7.16M | $306.18M | $747K | $0 | $0 | $0 | $0 | $0 | $0 | $129.5M | $130.3M | $128.1M | $83.8M | $600K | $88.4M | $1.5M | $7.7M | $1M | $0 | $0 |
| Total Liabilities | $207.34M | $195.76M | $176.88M | $234.45M | $300.65M | $306.18M | $320.51M | $213.03M | $217.95M | $217.03M | $157.16M | $140.91M | $113.84M | $129.5M | $130.3M | $128.1M | $83.8M | $54.9M | $88.4M | $107.6M | $7.7M | $1M | $500K | $600K |
| Stockholders' Equity | ||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.78M | $14.78M | $120.15M | $120.15M | $120.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $399K | $397K | $397K | $397K | $397K | $397K | $397K | $238K | $238K | $238K | $238K | $237K | $234K | $298.7M | $301.1M | $303.6M | $301.9M | $243.6M | $254.7M | $253.9M | $252.8M | $250.9M | $248.6M | $246.1M |
| Retained Earnings | -$36.68M | -$17.67M | -$36.6M | -$32.68M | $85.44M | $81.32M | $67.92M | $6.05M | $601K | $217K | -$406K | -$1.95M | -$58.57M | $2.1M | $3.8M | $4.8M | $3.7M | $2M | $1.5M | $1.4M | $2.1M | $3.7M | $4.1M | $3.5M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.52M | -$8.26M | $0 | $0 | $0 | $3.9M | -$61M | -$57.7M | -$61.8M | -$105.4M | -$9.2M | $17M | -$7.9M | -$18.3M | -$16.2M | -$33.3M |
| Other Stockholders' Equity | $469.39M | $472.19M | $476.98M | $478.59M | $478.59M | $478.59M | $478.67M | $295.72M | $329.02M | $321.46M | $429.68M | $428.94M | $424.79M | $124.1M | $59.2M | $62.5M | $58.4M | $4.5M | $121.8M | $148M | $123.1M | $112.8M | $114.9M | $97.8M |
| Total Equity | $433.11M | $454.92M | $440.78M | $446.31M | $564.42M | $560.3M | $546.98M | $302.01M | $329.86M | $321.91M | $429.51M | $427.23M | $366.45M | $424.9M | $364.1M | $370.9M | $364M | $250.1M | $378M | $403.3M | $378M | $367.4M | $367.6M | $347.4M |
| 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 |
| Total Liabilities and Equity | $640.45M | $650.68M | $617.66M | $680.76M | $865.08M | $866.49M | $867.5M | $515.05M | $547.81M | $538.94M | $586.67M | $568.14M | $480.29M | $554.4M | $494.4M | $499M | $447.8M | $305M | $466.4M | $510.9M | $385.7M | $368.4M | $368.1M | $348M |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $199.54M | $179.59M | $171.29M | $229M | $293.07M | $304.98M | $318.19M | $203.56M | $145.99M | $215.38M | $152.92M | $140.21M | $113.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $199.54M | -$40K | $171.15M | $224.15M | $283.02M | $301.13M | $315.66M | $199.66M | $145.72M | $212.42M | $149.58M | $140.21M | $113.19M | -$700K | -$1.5M | -$6.6M | -$600K | $0 | -$2.8M | $0 | $0 | -$1.8M | $0 | -$500K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 |
| Operating Activities | ||||||||||||||||||||||||
| Net Income | $423K | $36.78M | $13.29M | -$95.94M | $26.83M | $35.58M | $61.53M | $1.99M | $24.08M | $10.25M | $22.88M | $77.95M | -$43.05M | $82.46M | $14.57M | $26.96M | $71.1M | -$89.6M | -$7.7M | $43.53M | $30.16M | $19.12M | $38.22M | $20.79M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | -$619K | -$947K | $936K | $744K | $575K | $867K | -$1.07M | $194.5M | $41.97M | $64.87M | -$451K | -$360K | $593K | $10.2M | -$8.7M | -$2.6M | $4.5M | -$4.5M | $0 | $0 | $0 | $5.3M | -$5.3M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$29.82M | -$1.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $8K | $11K | -$35K | -$93K | $5K | -$68K | $99K | -$163.98M | -$40.84M | -$25.2M | $0 | $0 | $0 | $0 | $0 | $0 | $4.1M | -$1.7M | -$2M | -$400K | $900K | -$900K | $0 | $0 |
| Other Working Capital | -$154K | $210K | $97K | $716K | -$97K | -$1.06M | -$267K | $346K | -$1.08M | $242K | $43K | $46K | $2.34M | -$5.66M | $23.22M | -$23.32M | -$23.5M | $82.17M | $36.8M | -$270K | -$900K | -$4.4M | $5.3M | $0 |
| Total Working Capital Change | -$765K | -$737K | $1.03M | $1.46M | $483K | -$259K | -$1.24M | $1.05M | $53K | $39.92M | -$409K | -$313K | $2.93M | $4.54M | $14.52M | -$25.92M | -$14.9M | $75.97M | $34.8M | -$670K | $900K | $4.4M | -$5.3M | $0 |
| Other Non-Cash Items | $17.71M | -$13.69M | $57.48M | $173.98M | $13.39M | $2.31M | -$43M | $40.74M | -$9.03M | -$34.22M | -$11.25M | -$87.49M | $67.09M | -$76.4M | -$10.36M | -$11.09M | -$53.09M | $90.26M | $20.08M | -$23.25M | -$3.46M | -$5.92M | $3.71M | -$2.45M |
| Net Cash from Operating | $17.37M | $22.35M | $71.8M | $79.5M | $40.7M | $37.63M | $17.29M | $43.78M | $15.1M | $55.62M | $11.22M | -$9.85M | $26.97M | $10.6M | $18.73M | -$10.05M | $3.11M | $76.63M | $47.18M | $19.61M | $27.6M | $17.6M | $36.63M | $18.34M |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$318.56M | -$218.27M | -$258.3M | -$177.13M | -$50M | -$101.85M | -$139.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $295.48M | $224.53M | $312.8M | $232.56M | $63.84M | $115.05M | $136.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$6.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$23.07M | $6.27M | $54.5M | $55.42M | $13.83M | $13.2M | -$2.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | -$27.89M | -$190K | $57.7M | $62.52M | $11.8M | $14.04M | $2.12M | -$57.69M | $1.66M | -$61.86M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $1.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $37.72M | $7.74M | $9.43M | $30.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$82.78M | $0 | -$99.58M | $369K | $3.86M | $5.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$24.2M | -$22.63M | -$18.82M | -$22.17M | -$22.71M | -$22.26M | -$22.03M | -$14.96M | -$15.94M | -$18.27M | -$20.96M | -$21.04M | -$21.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $4K | $0 | $0 | $0 | $0 | $0 | $5.47M | $68M | $0 | $0 | $13.08M | $30.89M | -$6.51M | -$11.37M | -$23.83M | $16.07M | -$2.55M | -$79.39M | -$44.42M | -$19.61M | -$16.99M | -$17.86M | -$16.35M | -$14.38M |
| Net Cash from Financing | $5.66M | -$22.44M | -$76.52M | -$84.69M | -$34.51M | -$36.31M | -$18.68M | -$40.15M | -$17.8M | -$55.99M | -$7.89M | $9.85M | -$27.7M | -$11.37M | -$23.83M | $16.07M | -$2.55M | -$79.39M | -$44.42M | -$19.61M | -$16.99M | -$17.86M | -$16.35M | -$14.38M |
| Forex Effect | $0 | $0 | $0 | -$55.42M | -$13.83M | -$13.2M | $2.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$40K | -$95K | -$4.72M | -$5.2M | $6.2M | $1.33M | -$1.38M | $3.63M | -$2.69M | -$369K | $3.34M | $0 | -$720K | -$760K | -$5.1M | $6.02M | $560K | -$2.76M | $2.76M | $0 | $10.61M | -$260K | $20.29M | $3.96M |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | $17.37M | $22.35M | $71.8M | $79.5M | $40.7M | $37.63M | $17.29M | $43.78M | $15.1M | $55.62M | $11.22M | -$9.85M | $26.97M | $10.6M | $18.73M | -$10.05M | $3.11M | $76.63M | $47.18M | $19.61M | $27.6M | $17.6M | $36.63M | $18.34M |
| Capital Expenditure | $0 | $0 | $0 | $0 | -$3 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $17.37M | $22.35M | $71.8M | $79.5M | $40.7M | $37.63M | $17.29M | $43.78M | $15.1M | $55.62M | $11.22M | -$9.85M | $26.97M | $10.6M | $18.73M | -$10.05M | $3.11M | $76.63M | $47.18M | $19.61M | $27.6M | $17.6M | $36.63M | $18.34M |
| Cash at Beginning | $40K | $135K | $4.85M | $10.05M | $3.85M | $2.52M | $3.91M | $274K | $2.97M | $3.34M | $0 | $0 | $700K | $1.5M | $6.6M | $600K | $0 | $2.8M | $0 | $0 | $1.8M | $0 | $500K | $0 |
| Cash at End | $0 | $40K | $135K | $4.85M | $10.05M | $3.85M | $2.52M | $3.91M | $274K | $2.97M | $3.34M | $0 | -$20K | $740K | $1.5M | $6.62M | $560K | $40K | $2.76M | $0 | $12.41M | -$260K | $20.79M | $3.96M |