KS BANCORP INC (KSBI)
KS Bancorp, Inc. functions as the parent entity for KS Bank, Inc., providing an extensive array of localized banking solutions to both individual and business clientele. For personal banking, it offers various deposit accounts such as checking, savings, money market, and individual retirement accounts, alongside certificates of deposit. Its lending portfolio includes personal loans for vehicles, marine craft, recreational activities, student financing, debt consolidation, deposit/investment-secured loans, and home equity options like loans and lines of credit. Credit card services are also available. Commercial clients can access business checking, savings, and payroll card accounts. The bank supports businesses with construction financing, including speculative and pre-sale builder loans, as well as general commercial builder loans. Additional commercial lending options cover equipment financing, facility acquisition, debt refinancing, and real estate. Businesses can also utilize lines of credit for managing seasonal cash flow, inventory, and accounts receivable. Beyond core banking, KS Bancorp delivers a suite of specialized services, such as merchant processing, payroll administration, comprehensive cash management, and remote deposit capture. Its mortgage offerings facilitate home purchases, refinancing, and combined construction-to-permanent loans. Furthermore, the company provides robust wealth management services, encompassing investment guidance, financial and retirement planning, trust and estate administration, and exclusive private banking. The company conducts its operations through nine full-service branch offices strategically located across North Carolina in Kenly, Goldsboro, Wilson, Garner, Selma, Clayton, Wendell, Four Oaks, and Smithfield. Established in 1924, KS Bancorp, Inc. maintains its corporate headquarters in Smithfield, North Carolina.
Sector: Savings Institutions, Not Federally Chartered
Industry: Banks - Regional
KS Bancorp, Inc.
OTC:KSBIFinancial Services · Banks - Regional
Mkt Cap-
Float1.1M
O/S-
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$47.31M
Net Income$9.36M
Total Assets$822.6M
Free Cash Flow$9.05M
Debt & Equity
Debt 17%
Equity 83%
Total Debt$11.25M
Total Equity$55.84M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KSBI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$822.6M
Liabilities$766.76M
Accounts Receivable$3.08M
Accounts Payable$405K
Inventory$0
PP&E (Net)$13.6M
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 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 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 |
| Revenue | $47.31M | $39.64M | $32.62M | $25.33M | $22.68M | $21.61M | $20.49M | $15.78M | $15.26M | $16.89M | $12.48M | $12.07M | $11.77M | $12.24M | $16.63M | $19.8M | $19.51M | $21.41M | $20.58M | $16.7M | $13.16M | $12.6M | $13.07M | $13.71M | $13.73M | $10.94M | $5.97M | $4.83M | $4.28M | $3.6M | $2.9M | $3M |
| YoY Growth | 19.3% | 21.5% | 28.8% | 11.7% | 4.9% | 5.5% | 29.9% | 3.4% | -9.6% | 35.4% | 3.3% | 2.6% | -3.8% | -26.4% | -16.0% | 1.4% | -8.9% | 4.0% | 23.2% | 26.9% | 4.4% | -3.6% | -4.7% | -0.1% | 25.6% | 83.3% | 23.4% | 12.9% | 18.9% | 24.1% | -3.3% | - |
| Cost of Revenue | $15.2M | $13.95M | $9.15M | $1.65M | $2.14M | $3.59M | $4.73M | $0 | $4.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.94M | $7.54M | $4.83M | $4.68M | $6.21M | $7.29M | $6.85M | $5.83M | $5.73M | $4.68M | $4.08M | $3.5M | $2.8M | $2.9M |
| Gross Profit | $32.11M | $25.69M | $23.47M | $23.68M | $20.54M | $18.03M | $15.76M | $19.68M | $10.34M | $16.89M | $12.48M | $12.07M | $11.77M | $12.24M | $0 | $0 | $0 | $0 | $10.64M | $9.16M | $8.33M | $7.92M | $6.86M | $6.43M | $6.88M | $5.11M | $241K | $158K | $200K | $100K | $100K | $100K |
| Gross Margin | 67.9% | 64.8% | 72.0% | 93.5% | 90.5% | 83.4% | 76.9% | 124.7% | 67.7% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - | - | - | - | 51.7% | 54.8% | 63.3% | 62.8% | 52.5% | 46.9% | 50.1% | 46.7% | 4.0% | 3.3% | 4.7% | 2.8% | 3.4% | 3.3% |
| 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 |
| Selling, General, and Administrative | $13.53M | $948K | $902K | $137K | $645K | $717K | $716K | $9.16M | $8.82M | $8.74M | $8.48M | $7.99M | $7.84M | $7.91M | $0 | $0 | $0 | $0 | $4.89M | $4.36M | $4M | $3.65M | $2.79M | $2.45M | $2.22M | $1.87M | $1.55M | $1.34M | $1.12M | $1M | $800K | $1.6M |
| Other | $6.52M | $16.62M | $14.73M | $13.97M | $12.18M | $11.72M | $10.42M | $0 | -$2.98M | -$2.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.72M | $2.51M | $2.52M | $2.09M | $1.95M | $1.74M | $1.42M | $1.31M | -$3.31M | -$3.16M | -$2.25M | -$2.6M | -$2.7M | -$2.4M |
| Total Operating Expenses | $20.05M | $17.56M | $15.64M | $14.11M | $12.82M | $12.44M | $11.14M | $9.16M | $8.82M | $8.74M | $10.35M | $10.31M | $10.46M | $11.48M | $0 | $0 | $0 | $0 | $7.61M | $6.87M | $6.52M | $5.75M | $4.74M | $4.19M | $3.64M | $3.19M | -$1.76M | -$1.81M | -$1.13M | -$1.6M | -$1.9M | -$800K |
| Operating Income (EBIT) | $12.06M | $8.12M | $7.84M | $9.57M | $7.71M | $5.59M | $4.63M | $4.48M | $4.32M | $3.18M | $2.02M | $4.08M | $1.88M | $2.26M | -$163K | $677K | -$1.06M | $399K | $3.03M | $2.29M | $1.81M | $2.17M | $2.13M | $2.23M | $3.24M | $1.92M | $2M | $1.97M | $1.33M | $1.7M | $2M | $900K |
| Operating Margin | 25.5% | 20.5% | 24.0% | 37.8% | 34.0% | 25.8% | 22.6% | 28.4% | 28.3% | 18.8% | 16.2% | 33.8% | 16.0% | 18.5% | -1.0% | 3.4% | -5.5% | 1.9% | 14.7% | 13.7% | 13.8% | 17.2% | 16.3% | 16.3% | 23.6% | 17.6% | 33.5% | 40.8% | 31.0% | 47.2% | 69.0% | 30.0% |
| Interest Expense | $15.2M | $13.95M | $9.15M | $1.65M | $2.14M | $3.59M | $4.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.37M | $6.76M | $4.46M | $4.33M | $5.2M | $7.06M | $6.74M | $5.79M | $5.69M | $4.65M | $4.01M | $3.5M | $2.8M | $3M |
| Interest Income | $43.32M | $36.1M | $29.38M | $22.03M | $19.75M | $18.91M | $17.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.76M | $15.28M | $12.06M | $11.51M | $12.2M | $12.51M | $12.03M | $10.63M | $10.15M | $8.73M | $7.54M | $6.8M | $6.2M | $6.1M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | -$68K | $96K | $116K | -$269K | -$564K | -$1.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $12.06M | $8.12M | $7.84M | $9.57M | $7.71M | $5.59M | $4.63M | $4.49M | $4.25M | $3.28M | $2.13M | $1.76M | $1.31M | $764K | -$163K | $677K | -$1.06M | $399K | $3.03M | $2.29M | $1.81M | $2.17M | $2.13M | $2.23M | $3.24M | $1.92M | $2M | $1.97M | $1.33M | $1.7M | $2M | $900K |
| Income Tax Expense | $2.7M | $1.97M | $1.63M | $2.02M | $1.62M | $1.22M | $985K | $947K | $2.19M | $1.17M | $717K | $490K | $266K | -$26K | -$573K | -$516K | -$854K | -$264K | $844K | $604K | $520K | $772K | $789K | $860K | $1.25M | $756K | $743K | $751K | $502K | $600K | $700K | $300K |
| Net Income | $9.36M | $6.16M | $6.21M | $7.56M | $6.09M | $4.37M | $3.64M | $3.54M | $2.06M | $2.11M | $1.42M | $994K | $788K | $531K | $410K | $1.19M | -$210K | $663K | $2.19M | $1.69M | $1.29M | $1.4M | $1.34M | $1.37M | $1.99M | $1.16M | $1.26M | $1.22M | $825K | $1.1M | $1.3M | $600K |
| Net Income Margin | 19.8% | 15.5% | 19.0% | 29.8% | 26.9% | 20.2% | 17.8% | 22.4% | 13.5% | 12.5% | 11.3% | 8.2% | 6.7% | 4.3% | 2.5% | 6.0% | -1.1% | 3.1% | 10.6% | 10.1% | 9.8% | 11.1% | 10.2% | 10.0% | 14.5% | 10.6% | 21.1% | 25.3% | 19.3% | 30.6% | 44.8% | 20.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| EPS | 8.44 | 5.56 | 5.60 | 6.82 | 5.50 | 3.95 | 3.29 | 3.00 | 1.57 | 1.61 | 1.08 | 0.76 | 0.60 | 0.41 | 0.32 | 0.72 | -0.21 | 0.51 | 1.67 | 1.24 | 1.08 | 0.97 | 0.94 | 0.98 | 1.42 | 0.86 | 0.93 | 0.92 | 0.76 | 1.06 | 1.25 | 0.58 |
| Diluted EPS | 8.44 | 5.56 | 5.60 | 6.82 | 5.50 | 3.95 | 3.29 | 3.00 | 1.57 | 1.61 | 1.08 | 0.76 | 0.60 | 0.41 | 0.32 | 0.72 | -0.21 | 0.51 | 1.67 | 1.24 | 1.08 | 0.95 | 0.92 | 0.96 | 1.39 | 0.79 | 0.84 | 0.83 | 0.76 | 1.06 | 1.25 | 0.58 |
| Weighted Average OS | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.11M | 1.18M | 1.31M | 1.31M | 1.31M | 1.31M | 1.31M | 1.29M | 1.28M | 1.31M | 1.31M | 1.31M | 1.31M | 1.31M | 1.20M | 1.45M | 1.42M | 1.40M | 1.40M | 1.36M | 1.35M | 1.33M | 1.08M | 1.04M | 1.04M | 1.04M |
| EBITDA | $12.97M | $8.99M | $8.61M | $10.38M | $8.39M | $6.22M | $5.1M | $4.49M | $4.25M | $3.28M | $2.13M | $1.76M | $1.31M | $764K | -$163K | $677K | -$1.06M | $399K | $3.03M | $2.29M | $2.33M | $2.66M | $2.46M | $2.57M | $3.54M | $2.17M | $2.18M | $2.09M | $1.41M | $1.7M | $2M | $900K |
| EBITDA Margin | 27.4% | 22.7% | 26.4% | 41.0% | 37.0% | 28.8% | 24.9% | 28.4% | 27.9% | 19.4% | 17.1% | 14.6% | 11.2% | 6.2% | -1.0% | 3.4% | -5.5% | 1.9% | 14.7% | 13.7% | 17.7% | 21.1% | 18.8% | 18.8% | 25.8% | 19.8% | 36.5% | 43.2% | 33.0% | 47.2% | 69.0% | 30.0% |
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 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 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 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $36.25M | $16.05M | $19.44M | $12.82M | $119.49M | $27.95M | $12.62M | $23.4M | $6.97M | $10.45M | $4.67M | $5.51M | $7.18M | $11.55M | $6.21M | $9.87M | $6.77M | $5.11M | $7.64M | $7.97M | $2.37M | $6.13M | $11.67M | $5.63M | $6.16M | $4.1M | $2.6M | $11.9M |
| 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 | $0 | $12M | $14.5M | $9M |
| Cash and Short-Term Investments | $36.25M | $16.05M | $19.44M | $12.82M | $119.49M | $27.95M | $12.62M | $23.4M | $6.97M | $10.45M | $4.67M | $5.51M | $7.18M | $11.55M | $6.21M | $9.87M | $6.77M | $5.11M | $7.64M | $7.97M | $2.37M | $6.13M | $11.67M | $5.63M | $6.16M | $16.1M | $17.1M | $20.9M |
| Accounts Receivable | $3.08M | $2.66M | $2.39M | $2.09M | $1.54M | $1.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.63M | $1.35M | $1.11M | $945K | $1.03M | $1M | $1.15M | $880K | $717K | $689K | $559K | $500K | $500K | $300K |
| 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 |
| Other Current Assets | $500K | $0 | $0 | $0 | $621K | $0 | $0 | $24.72M | $8.19M | $11.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $39.83M | $18.7M | $21.83M | $14.91M | $121.65M | $29.88M | $12.62M | $24.72M | $8.19M | $11.83M | $4.67M | $5.51M | $7.18M | $11.55M | $7.83M | $11.22M | $7.88M | $6.06M | $8.67M | $8.98M | $3.52M | $7.01M | $12.56M | $6.44M | $6.82M | $16.6M | $17.6M | $21.2M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $13.6M | $12.23M | $11.05M | $9.35M | $9.15M | $8.71M | $8.03M | $7.32M | $7.61M | $7.77M | $8.06M | $8.16M | $8.47M | $8.58M | $7.19M | $7.38M | $6.86M | $6.89M | $3.95M | $3.95M | $2.74M | $2.43M | $2.14M | $2.13M | $1.99M | $1.3M | $900K | $700K |
| 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 | $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 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $664.21M | $554.52M | $472.91M | $413.74M | $6.54M | $368.59M | $0 | $1.8M | $1.91M | $1.89M | $0 | $0 | $0 | $0 | $51.11M | $43.9M | $39.26M | $184.52M | $173.76M | $149.67M | $144.8M | $128.34M | $115.31M | $101.43M | $87.26M | $70.1M | $63.7M | $60.4M |
| 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 | $178K | $150K | $0 | $0 | $0 |
| Other Long-Term Assets | $108.55M | $105.4M | $107.8M | $108.35M | $433.88M | $78.64M | $383M | $366.58M | $355.9M | $338.21M | $324.7M | $304.77M | $289.8M | -$8.58M | -$58.3M | -$51.28M | -$46.12M | $4.05M | $4.68M | $1.3M | $1.27M | $1.17M | $880K | $3.79M | $4.62M | $300K | $100K | $600K |
| Total Long-Term Assets | $786.35M | $672.15M | $591.76M | $531.44M | $449.57M | $455.95M | $391.03M | $375.7M | $365.42M | $347.87M | $332.76M | $312.94M | $298.27M | $8.58M | $58.3M | $51.28M | $46.12M | $195.46M | $182.39M | $154.92M | $148.8M | $131.94M | $118.33M | $107.54M | $94.02M | $71.7M | $64.7M | $61.7M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $294.81M | $220.63M | $198.93M | $182.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $822.6M | $690.85M | $613.6M | $546.35M | $571.23M | $485.83M | $403.66M | $400.42M | $373.62M | $359.7M | $337.43M | $318.45M | $305.45M | $314.94M | $286.76M | $261.44M | $236.87M | $201.52M | $191.06M | $163.89M | $152.32M | $138.95M | $130.89M | $113.98M | $100.84M | $88.3M | $82.3M | $82.9M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $405K | $324K | $432K | $117K | $216K | $246K | $396K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $530K | $466K | $314K | $227K | $309K | $497K | $117K | $23K | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $5.08M | $0 | $0 | $7K | $4.1M | $2.79M | $0 | $0 | $0 | $0 | $11.35M | $0 | $10.8M | $6.2M | $34.8M | $16.8M | $15.8M | $6M | $0 | $0 | $0 | $3M | $1M | $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 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | -$216K | $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 | $749.6M | $618.16M | $545.04M | $481.57M | $360.33M | $402.52M | $3.27M | $380K | $324K | $281K | $0 | $0 | $0 | $0 | -$817K | -$616K | -$257 | $142.25M | $138.03M | $128.83M | $120.07M | $116.51M | $107.93M | $90.31M | $82.35M | $70.7M | $66.4M | $68.1M |
| Total Current Liabilities | $750.01M | $618.48M | $545.47M | $481.68M | $365.41M | $402.77M | $3.66M | $387K | $4.43M | $3.07M | $3.08M | $2.68M | $2.56M | $233K | $11.88M | $466K | $11.11M | $148.9M | $173.44M | $146.62M | $136.11M | $122.54M | $107.93M | $90.31M | $82.35M | $73.7M | $67.4M | $68.1M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $11.25M | $11.25M | $23.25M | $26.25M | $38.25M | $47.25M | $46.25M | $44.25M | $43.25M | $43.25M | $43.25M | $43.25M | $41.25M | $41.25M | $43.05M | $49.45M | $37.1M | $33.9M | $0 | $0 | $0 | $0 | $6.05M | $8.05M | $4.05M | $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 |
| 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 | $906K | $707K | $538K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $5.5M | $15.82M | $4.4M | $6.18M | $130.79M | $3.79M | $326.92M | $330.43M | $300.68M | $288.54M | $268.2M | $250.75M | $237.3M | -$41.25M | -$43.05M | -$49.45M | -$37.1M | $134K | $104K | $472K | $372K | $969K | $284K | $303K | $189K | $700K | $400K | $700K |
| Total Long-Term Liabilities | $16.75M | $27.07M | $27.65M | $32.43M | $169.17M | $51.04M | $373.17M | $377.9M | $342.89M | $332.24M | $311.45M | $294M | $278.55M | $41.25M | $43.05M | $49.45M | $37.1M | $34.03M | $104K | $472K | $372K | $969K | $7.24M | $9.06M | $4.77M | $700K | $400K | $700K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $248.14M | $214.52M | $195.9M | $169.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $766.76M | $645.55M | $573.12M | $514.11M | $534.58M | $453.81M | $376.83M | $378.29M | $347.31M | $335.31M | $314.53M | $296.68M | $281.11M | $289.62M | $269.45M | $245.82M | $217.95M | $182.94M | $173.55M | $147.09M | $136.48M | $123.51M | $115.18M | $99.37M | $87.12M | $74.4M | $67.8M | $68.8M |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.17M | $4.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.36M | $1.36M | $1.36M | $1.36M | $1.36M | $1.36M | $1.36M | $1.36M | $1.61M | $1.61M | $1.61M | $1.61M | $1.61M | $1.61M | $1.61M | $1.61M | $5.42M | $5.42M | $4.96M | $4.82M | $4.72M | $5.01M | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $60.81M | $52.67M | $47.66M | $41.45M | $34.69M | $29.22M | $25.29M | $22.03M | $25.41M | $23.51M | $21.51M | $20.17M | $19.18M | $18.39M | $15.85M | $14.34M | $13.64M | $13.11M | $12.46M | $11.85M | $11.21M | $9.94M | $9.47M | $8.9M | $8.38M | $8.3M | $8M | $6.9M |
| Comprehensive Income & Other | -$6.33M | -$8.73M | -$8.54M | -$10.58M | $592K | $0 | $177K | -$1.26M | -$719K | -$729K | -$207K | -$10K | -$616K | $0 | -$146K | -$336K | -$138K | $42K | $93K | $132K | -$81K | -$4.51M | $1.13M | $716K | $454K | $0 | $0 | $0 |
| Other Stockholders' Equity | -$6.33M | -$8.73M | -$8.54M | -$10.58M | $592K | $1.44M | $177K | -$1.26M | -$719K | -$729K | -$207K | -$10K | $3.55M | $5.33M | -$146K | -$336K | -$138K | $43K | $93K | $132K | -$81K | $494K | $6.25M | $5.71M | $5.34M | $5.6M | $6.5M | $7.2M |
| Total Equity | $55.84M | $45.3M | $40.48M | $32.24M | $36.64M | $32.02M | $26.83M | $22.13M | $26.3M | $24.39M | $22.91M | $21.77M | $24.34M | $25.32M | $17.31M | $15.61M | $18.92M | $18.58M | $17.51M | $16.8M | $15.84M | $15.44M | $15.72M | $14.61M | $13.72M | $13.9M | $14.5M | $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 |
| Total Liabilities and Equity | $822.6M | $690.85M | $613.6M | $546.35M | $571.23M | $485.83M | $403.66M | $400.42M | $373.62M | $359.7M | $337.43M | $318.45M | $305.45M | $314.94M | $286.76M | $261.44M | $236.87M | $201.52M | $191.06M | $163.89M | $152.32M | $138.95M | $130.89M | $113.98M | $100.84M | $88.3M | $82.3M | $82.9M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $11.25M | $11.25M | $23.25M | $26.25M | $43.47M | $47.25M | $46.25M | $44.26M | $47.35M | $46.04M | $43.25M | $43.25M | $41.25M | $0 | $54.4M | $49.45M | $47.9M | $40.1M | $34.8M | $16.8M | $15.8M | $6M | $6.05M | $8.05M | $4.05M | $3M | $1M | $0 |
| Net Debt | -$25M | -$4.8M | $3.8M | $13.43M | -$76.02M | $19.3M | $33.63M | $20.85M | $40.38M | $35.59M | $38.57M | $37.73M | $34.07M | -$11.55M | $48.2M | $39.59M | $41.13M | $34.99M | $27.16M | $8.83M | $13.43M | -$127K | -$5.62M | $2.42M | -$2.11M | -$1.1M | -$1.6M | -$11.9M |
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 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 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 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | $9.36M | $6.16M | $6.21M | $7.56M | $6.09M | $4.37M | $3.64M | $3.54M | $2.06M | $2.11M | $1.42M | $1.27M | $1.05M | $790K | $1.29M | $1.4M | $1.34M | $1.37M | $1.99M | $1.16M | $1.26M | $1.22M | $825K | $1.1M | $1.3M | $600K |
| Depreciation & Amortization | $906K | $869K | $773K | $809K | $678K | $634K | $472K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $516K | $485K | $332K | $339K | $303K | $245K | $176K | $116K | $87K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $121K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45K | $22K | -$307K | -$85K | -$86K | -$18K | -$51K | $8K | -$13K | $100K | $100K | $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 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | $0 | -$267K | -$296K | -$550K | $392K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | $200K | -$500K |
| 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 |
| Accounts 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 | -$400K | $200K |
| Other Working Capital | $18K | $474K | -$324K | $314K | -$330K | $81K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $55K | $1.29M | $0 | $704K | -$154K | -$243K | -$2K | -$79K | -$209K | -$100K | -$200K | -$300K |
| Total Working Capital Change | $18K | $207K | -$620K | -$236K | $61K | $81K | -$148K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $55K | $1.29M | -$2.07M | $704K | -$154K | -$243K | -$2K | -$79K | -$209K | -$200K | -$400K | -$600K |
| Other Non-Cash Items | $1.07M | $1.04M | $810K | $120K | $521K | $436K | $108K | -$3.54M | -$2.06M | -$2.11M | -$1.42M | -$1.27M | -$1.05M | -$790K | $332K | $403K | $1.12M | $12K | -$1.14M | $970K | -$741K | $205K | $100K | $200K | $300K | $1.1M |
| Net Cash from Operating | $11.35M | $8.27M | $7.17M | $8.37M | $7.36M | $5.52M | $4.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.24M | $3.6M | $406K | $2.34M | $916K | $2.12M | $640K | $1.47M | $790K | $1.2M | $1.3M | $1.1M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$2.29M | -$3.31M | -$2.49M | -$1.23M | -$897K | -$1.34M | -$1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$420K | -$3.25M | -$301K | -$1.54M | -$624K | -$559K | -$181K | -$340K | -$758K | -$600K | $0 | $0 |
| Acquisitions | $24K | $0 | $0 | -$67.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $301K | $0 | $0 | $0 | $0 | $0 | $113K | $0 | $0 | $0 |
| Purchases of Investments | -$9.96M | -$9.81M | -$4.93M | -$36.07M | -$39.4M | -$24.52M | -$13.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22.52M | -$27.07M | -$23.25M | -$5.82M | -$2.07M | -$6.23M | -$13.5M | -$17.39M | -$14.14M | -$1.5M | -$9.5M | -$4.3M |
| Sales of Investments | $13.18M | $11.13M | $7.53M | $10.73M | $16.2M | $21.37M | $14.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.95M | $17.11M | $11.69M | $4.82M | $2.75M | $2.61M | $4.07M | $4.27M | $3.8M | $4.4M | $4.1M | $13.6M |
| Other Investing Activities | -$111.41M | -$80.81M | -$53.45M | $851K | $22.99M | -$61.97M | -$12.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$26.86M | -$1.99M | -$15.73M | -$3.25M | -$17.04M | -$11.03M | $54K | $151K | $767K | -$6.4M | -$3.5M | -$11.2M |
| Net Cash from Investing | -$110.45M | -$82.81M | -$53.34M | -$93.4M | -$1.11M | -$66.46M | -$12.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$34.85M | -$15.2M | -$27.29M | -$5.79M | -$16.98M | -$15.21M | -$9.56M | -$13.31M | -$10.22M | -$4.1M | -$8.9M | -$1.9M |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | $856K | $5.03M | $14.97M | $4M | -$1M | -$1.99M | - | - | - | - | - | - | - | -$7.8M | -$5.3M | -$18M | -$1M | -$9.8M | - | -$19.62M | -$19.97M | -$13.61M | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $84K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$370K | $0 | $0 | $0 |
| Dividends Paid | -$1.22M | -$1.14M | -$1.05M | -$798K | -$620K | -$443K | -$377K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$766K | -$742K | -$732K | -$729K | -$729K | -$689K | -$689K | -$702K | -$766K | -$700K | -$200K | $0 |
| Other Financing Activities | $131.45M | $73.12M | $63.47M | -$5.87M | $84.91M | $75.6M | -$3.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27.02M | $4.2M | $9.2M | $8.78M | $3.61M | $8.6M | -$3.97M | -$7.95M | -$967K | $3M | -$2.4M | $8.1M |
| Net Cash from Financing | $119.08M | $71.12M | $57.39M | -$21.64M | $80.29M | $76.16M | -$1.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34.17M | $8.98M | $26.55M | $9.05M | $12.3M | $7.55M | $14.96M | $11.31M | $11.5M | $4.3M | -$1.6M | $8.1M |
| Forex Effect | -$19.98M | $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 | $0 | -$3.42M | $11.22M | -$106.67M | $86.54M | $15.23M | -$10.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.55M | -$2.62M | -$338K | $5.61M | -$3.76M | -$5.54M | $6.04M | -$527K | $2.08M | $1.4M | -$9.2M | $7.3M |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | $11.35M | $8.27M | $7.17M | $8.37M | $7.36M | $5.52M | $4.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.24M | $3.6M | $406K | $2.34M | $916K | $2.12M | $640K | $1.47M | $790K | $1.2M | $1.3M | $1.1M |
| Capital Expenditure | -$2.29M | -$3.31M | -$2.49M | -$1.23M | -$897K | -$1.34M | -$1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$420K | -$3.25M | -$301K | -$1.54M | -$624K | -$559K | -$181K | -$340K | -$758K | -$600K | $0 | $0 |
| Free Cash Flow | $9.05M | $4.96M | $4.69M | $7.14M | $6.46M | $4.19M | $2.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.82M | $348K | $105K | $800K | $292K | $1.56M | $459K | $1.13M | $32K | $600K | $1.3M | $1.1M |
| Cash at Beginning | $0 | $18.94M | $7.72M | $114.39M | $27.85M | $12.62M | $23.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.01M | $7.64M | $7.97M | $2.37M | $6.13M | $11.67M | $5.63M | $6.16M | $4.08M | $2.6M | $11.9M | $4.7M |
| Cash at End | $0 | $15.52M | $18.94M | $7.72M | $114.39M | $27.85M | $12.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.57M | $5.01M | $7.64M | $7.97M | $2.37M | $6.13M | $11.67M | $5.63M | $6.16M | $4M | $2.7M | $12M |