UTG INC (UTGN)
Operating as an insurance holding company, UTG, Inc. delivers individual life insurance offerings and associated services throughout the United States. Its activities in the individual life insurance domain involve managing existing policies, acquiring other insurance enterprises, and performing administrative processing for life insurance on behalf of third-party organizations. Additionally, the company provides reinsurance products. UTG, Inc. was established in 1966 and is headquartered in Stanford, Kentucky.
Sector: Life Insurance
Industry: Insurance - Life
UTG, Inc.
OTC:UTGNFinancial Services · Insurance - Life
+5.66%$61.28
Mkt Cap$191.97M
Float802K
O/S3.13M
Inst Own0.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$42.35M
Net Income$17.08M
Total Assets$464.7M
Free Cash Flow-$6.52M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$232.24M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in UTGN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$464.7M
Liabilities$232M
Accounts Receivable$37.08M
Accounts Payable$3.46M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$787K
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $42.35M | $85.02M | $26.41M | $69.83M | $35.73M | $27.39M | $44.33M | $41.42M | $28.88M | $27.98M | $28.94M | $43.19M | $34.4M | $45.28M | $35.91M | $38.44M | $28.76M | $35.24M | $38.87M | $37.59M | $27.47M | $25.47M | $26.49M | $30.18M | $33.31M | $35.75M | $36.06M | $40.89M | $43.99M | $46.98M | $49.87M |
| YoY Growth | -50.2% | 221.9% | -62.2% | 95.4% | 30.5% | -38.2% | 7.0% | 43.4% | 3.2% | -3.3% | -33.0% | 25.5% | -24.0% | 26.1% | -6.6% | 33.7% | -18.4% | -9.3% | 3.4% | 36.8% | 7.9% | -3.9% | -12.2% | -9.4% | -6.8% | -0.9% | -11.8% | -7.1% | -6.4% | -5.8% | - |
| Cost of Revenue | $9.71M | $13.07M | $14.9M | $14.97M | $16.47M | $16.63M | $15.77M | $15.84M | $17.35M | $18.13M | $19.23M | $20.13M | $19.81M | $19.43M | $18.97M | $19.21M | $21.86M | -$20.84M | -$19.93M | $66K | $0 | $19.08M | $0 | $20.27M | $20.79M | $24.37M | $24.18M | $0 | $0 | $0 | $0 |
| Gross Profit | $32.64M | $71.95M | $11.51M | $54.85M | $19.27M | $10.76M | $28.55M | $25.58M | $11.53M | $9.84M | $9.71M | $23.06M | $14.6M | $25.84M | $16.93M | $19.23M | $6.9M | $56.08M | $58.81M | $37.52M | $27.47M | $6.39M | $26.49M | $9.91M | $12.52M | $11.38M | $11.87M | $40.89M | $43.99M | $46.98M | $49.87M |
| Gross Margin | 77.1% | 84.6% | 43.6% | 78.6% | 53.9% | 39.3% | 64.4% | 61.7% | 39.9% | 35.2% | 33.5% | 53.4% | 42.4% | 57.1% | 47.2% | 50.0% | 24.0% | 159.1% | 151.3% | 99.8% | 100.0% | 25.1% | 100.0% | 32.8% | 37.6% | 31.8% | 32.9% | 100.0% | 100.0% | 100.0% | 100.0% |
| 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 |
| Selling, General, and Administrative | $0 | $0 | $0 | $0 | $0 | $0 | $8.01M | $8.53M | $7.85M | $7.29M | $8.92M | $10.78M | $8.72M | $9.6M | $8.39M | $8.03M | $7.04M | $7.23M | $8.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other | $10.77M | $9.73M | $8.7M | $10.92M | $7.44M | $8.2M | $359K | $538K | $371K | $432K | $515K | $1.16M | $1.23M | $798K | $775K | $541K | $5.36M | $47.62M | $46.71M | $29.49M | $25.57M | $7.26M | $35.81M | $7.66M | -$20.46M | $12.09M | $10.02M | $47M | $44.11M | $53.8M | $61.24M |
| Total Operating Expenses | $10.77M | $9.73M | $8.7M | $10.92M | $7.44M | $8.2M | $8.37M | $9.07M | $8.23M | $7.72M | $9.43M | $11.93M | $9.94M | $10.4M | $9.16M | $8.57M | $12.4M | $54.85M | $54.73M | $29.49M | $25.57M | $7.26M | $35.81M | $7.66M | -$20.46M | $12.09M | $10.02M | $47M | $44.11M | $53.8M | $61.24M |
| Operating Income (EBIT) | $21.87M | $62.22M | $2.81M | $43.94M | $11.82M | $2.56M | $20.19M | $16.51M | $3.31M | $2.12M | $273K | $11.13M | $4.65M | $15.44M | $7.77M | $10.66M | -$5.5M | $1.22M | $4.07M | $8.03M | $1.9M | -$868K | -$9.32M | $2.25M | $32.99M | -$707K | $1.86M | -$6.12M | -$113K | -$6.83M | -$11.38M |
| Operating Margin | 51.6% | 73.2% | 10.6% | 62.9% | 33.1% | 9.3% | 45.5% | 39.9% | 11.4% | 7.6% | 0.9% | 25.8% | 13.5% | 34.1% | 21.6% | 27.7% | -19.1% | 3.5% | 10.5% | 21.4% | 6.9% | -3.4% | -35.2% | 7.5% | 99.0% | -2.0% | 5.1% | -15.0% | -0.3% | -14.5% | -22.8% |
| Interest Expense | $0 | $12K | $28K | $109K | $4K | $0 | $0 | $0 | $0 | $0 | $69K | $677K | $703K | $297K | $261K | $304K | $484K | $906K | $1.39M | $234K | $0 | $77K | $162K | $263K | $326K | $377K | $638K | $2.2M | $1.82M | $1.73M | $1.97M |
| Interest Income | $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 Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$121 | $0 | $0 | -$29.5M | $123 | $111 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $21.87M | $62.22M | $2.81M | $43.94M | $11.82M | $2.56M | $20.19M | $16.51M | $3.31M | $2.12M | $273K | $11.13M | $4.65M | $15.44M | $7.77M | $10.66M | -$5.5M | $1.22M | $4.07M | $8.03M | $1.9M | -$868K | -$9.32M | $2.25M | $3.49M | -$707K | $1.86M | -$6.12M | -$113K | -$6.83M | -$11.38M |
| Income Tax Expense | $4.7M | $12.82M | $42K | $9.57M | $2.07M | $340K | $3.59M | $3.91M | -$1.51M | $666K | -$933K | $1.08M | $781K | $5.49M | $1.27M | $2.28M | -$301K | $915K | $383K | $1.95M | $158K | -$798K | -$2.7M | $479K | $1.18M | -$229K | $690K | -$4.62M | $986K | -$4.7M | -$4.57M |
| Net Income | $17.08M | $49.3M | $2.66M | $34.26M | $9.66M | $2.09M | $16.27M | $12.39M | $4.81M | $1.17M | $917K | $6.98M | $3.25M | $9.27M | $6.32M | $7.6M | -$4.29M | $654K | $2.14M | $3.87M | $1.26M | -$276K | -$6.4M | $1.34M | $2.31M | -$696K | $1.08M | -$679K | -$559K | -$938K | -$3M |
| Net Income Margin | 40.3% | 58.0% | 10.1% | 49.1% | 27.0% | 7.6% | 36.7% | 29.9% | 16.7% | 4.2% | 3.2% | 16.2% | 9.5% | 20.5% | 17.6% | 19.8% | -14.9% | 1.9% | 5.5% | 10.3% | 4.6% | -1.1% | -24.1% | 4.4% | 6.9% | -1.9% | 3.0% | -1.7% | -1.3% | -2.0% | -6.0% |
| Supplementary Data | |||||||||||||||||||||||||||||||
| EPS | 5.42 | 15.57 | 0.84 | 10.81 | 3.05 | 0.65 | 4.95 | 3.75 | 1.44 | 0.33 | 0.25 | 1.86 | 0.86 | 2.43 | 1.65 | 1.96 | -1.12 | 0.17 | 0.56 | 1.00 | 0.32 | -0.07 | -1.67 | 0.38 | 0.62 | -0.17 | 0.38 | -0.27 | -0.32 | -0.50 | -1.61 |
| Diluted EPS | 5.42 | 15.57 | 0.84 | 10.81 | 3.05 | 0.65 | 4.95 | 3.75 | 1.44 | 0.33 | 0.25 | 1.86 | 0.86 | 2.43 | 1.65 | 1.96 | -1.12 | 0.17 | 0.56 | 1.00 | 0.32 | -0.07 | -1.67 | 0.33 | 0.62 | -0.17 | 0.38 | -0.27 | -0.32 | -0.50 | -1.61 |
| Weighted Average OS | 3.15M | 3.17M | 3.18M | 3.17M | 3.17M | 3.23M | 3.29M | 3.31M | 3.35M | 3.54M | 3.70M | 3.75M | 3.79M | 3.81M | 3.82M | 3.87M | 3.84M | 3.84M | 3.85M | 3.87M | 3.94M | 3.94M | 3.84M | 3.51M | 3.72M | 4.09M | 2.83M | 2.49M | 1.77M | 1.87M | 1.87M |
| EBITDA | $23.15M | $64.14M | $3.57M | $46.08M | $14.59M | $4.25M | $23.33M | $17.58M | $4.01M | $2.82M | $1.16M | $13.11M | $6.61M | $16.98M | $9.44M | $12.28M | -$3.58M | $3.22M | $6.48M | $13.14M | $6.58M | $3.14M | -$1.01M | $5.83M | $3.58M | $175K | $3.09M | -$3.33M | $2.33M | -$4.52M | -$8.43M |
| EBITDA Margin | 54.7% | 75.4% | 13.5% | 66.0% | 40.8% | 15.5% | 52.6% | 42.4% | 13.9% | 10.1% | 4.0% | 30.3% | 19.2% | 37.5% | 26.3% | 31.9% | -12.5% | 9.1% | 16.7% | 35.0% | 23.9% | 12.3% | -3.8% | 19.3% | 10.8% | 0.5% | 8.6% | -8.2% | 5.3% | -9.6% | -16.9% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $30.54M | $45.26M | $41.19M | $45.29M | $30.79M | $39.03M | $28.79M | $20.15M | $25.43M | $15.16M | $11.82M | $13.98M | $19.84M | $23.32M | $82.93M | $18.48M | $37.49M | $40M | $17.75M | $8.47M | $12.2M | $11.86M | $8.75M | $24.05M | $15.48M | $15.07M | $21.03M | $26.38M | $16.11M | $17.33M | $12.53M |
| Short-Term Investments | $34.51M | $11.91M | $108.22M | $111.91M | $140.96M | $165.78M | $182.07M | $160.96M | $237.4M | $238.95M | $230.8M | $242.86M | $214.92M | $224.1M | $175.46M | $0 | $700K | $0 | $934K | $48K | $42K | $39K | $35K | $378K | $581K | $1.69M | $2.23M | $1.06M | $1.8M | $431K | $425K |
| Cash and Short-Term Investments | $65.04M | $57.18M | $149.4M | $157.2M | $171.75M | $204.81M | $210.86M | $181.11M | $262.84M | $254.1M | $242.63M | $256.84M | $234.76M | $247.42M | $224.81M | $18.48M | $38.19M | $40M | $18.68M | $8.52M | $12.25M | $11.9M | $8.78M | $24.43M | $16.06M | $16.75M | $23.26M | $27.44M | $17.9M | $17.76M | $12.95M |
| Accounts Receivable | $37.08M | $41.47M | $44.72M | $0 | $47.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69M | $0 | $500K | $423K | $78.11M | $79.03M | $36.08M | $36.56M | $212K | $245K | $216K | $178K | $434K | $40.53M | $845K | $894K | $1.25M |
| 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 |
| Other Current Assets | -$71.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $99.27M | $90.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $30.54M | $98.64M | $194.12M | $48.89M | $171.75M | $204.81M | $210.86M | $181.11M | $25.43M | $15.16M | $11.82M | $256.84M | $19.84M | $247.42M | $83.21M | $18.48M | $38.69M | $40.42M | $196.06M | $177.93M | $48.32M | $48.46M | $9M | $24.67M | $16.27M | $16.93M | $23.69M | $67.97M | $18.75M | $18.65M | $14.2M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $348K | $428K | $689K | $1.12M | $1.56M | $2.02M | $2.48M | $1.19M | $1.34M | $1.53M | $1.48M | $1.49M | $1.67M | $1.75M | $3.13M | $1.92M | $2.17M | $2.45M | $2.2M | $2.46M | $2.76M | $3.03M | $3.18M | $3.41M | $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 | $346K | $1.12M | $1.44M | $2.64M | $2.78M | $5.5M | $5.66M |
| Intangible Assets | $787K | $1.4M | $2.04M | $2.7M | $3.39M | $4.1M | $4.85M | $5.62M | $6.43M | $7.27M | $8.14M | $9.05M | $11.01M | $12.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $387.53M | $375.32M | $307.57M | $237.94M | $277.74M | $258.24M | $271.65M | $240.74M | $237.4M | $238.95M | $230.8M | $246.69M | $221.54M | $238.12M | $150.4M | $203.96M | $178.4M | $209.33M | $237.59M | $255.86M | $4.04M | $4.04M | $175.51M | $172.29M | $178.07M | $171.87M | $179.34M | $178.9M | $187.44M | $184.11M | $196.67M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$246.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $45.84M | $1.58M | $90.92M | -$229.05M | $1.1M | -$4.1M | -$4.85M | -$5.62M | -$6.43M | -$7.27M | -$8.14M | $127.71M | -$11.01M | -$12.13M | $0 | $0 | -$5.06M | $0 | $135.04M | $133.37M | $263.01M | $261.51M | -$177.96M | -$174.5M | -$180.87M | -$175.75M | -$183.82M | -$184.72M | -$193.63M | -$189.61M | -$202.33M |
| Total Long-Term Assets | $434.16M | $378.3M | $400.52M | $11.58M | $277.74M | $258.59M | $272.08M | $241.43M | $238.52M | $240.51M | $232.82M | $385.92M | $222.72M | $239.46M | $151.93M | $205.44M | $174.83M | $211M | $374.38M | $392.36M | $268.97M | $267.73M | $177.96M | $174.5M | $180.87M | $175.75M | $183.82M | $184.72M | $193.63M | $189.61M | $202.33M |
| Other Assets | $0 | $0 | $24.1M | $387.06M | $40.72M | -$44.34M | -$64.19M | -$27M | $142.49M | $146.43M | $132.58M | -$242.86M | $174.55M | -$45.55M | $132.74M | $217.67M | $218M | $206.36M | -$96.79M | -$87.55M | $1.54M | $1.68M | $124.6M | $119.73M | $131.79M | $140.36M | $131.07M | $91.14M | $136.92M | $147.21M | $139.86M |
| Total Assets | $464.7M | $476.95M | $441.71M | $447.53M | $438.46M | $419.06M | $418.75M | $395.55M | $406.45M | $402.1M | $377.23M | $399.9M | $417.11M | $441.33M | $367.88M | $441.59M | $431.52M | $457.78M | $473.65M | $482.73M | $318.83M | $317.87M | $311.56M | $318.9M | $328.94M | $333.04M | $338.58M | $343.82M | $349.3M | $355.47M | $356.39M |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $3.46M | $3.85M | $4.19M | $4.07M | $3.94M | $4.17M | $3.63M | $4.27M | $3.78M | $3.89M | $3.76M | $0 | $3.28M | $3.37M | $3.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $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 |
| Current Income Tax Payable | $0 | $0 | $0 | $4.19M | $0 | $268K | $314K | $0 | $0 | $0 | $0 | $1.93M | $0 | $2.04M | $0 | $210K | $0 | $0 | $451K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.91M | $9.55M | $14.19M | $13.26M | $17.98M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $97.77M | $28.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $120.31M | $0 | $0 | $0 | $0 | -$268K | -$3.95M | -$4.27M | -$3.78M | -$3.89M | -$3.76M | $2.47M | $15.81M | $13.44M | -$3.02M | $0 | $0 | $0 | $3.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$11.91M | -$9.55M | -$14.19M | -$13.26M | -$17.98M |
| Total Current Liabilities | $123.76M | $3.85M | $4.19M | $4.19M | $3.94M | $4.17M | $0 | $0 | $0 | $0 | $0 | $4.4M | $19.1M | $18.86M | $0 | $112.17M | $28.67M | $0 | $3.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $19M | $19M | $24M | $0 | $0 | $0 | $0 | $2.9M | $0 | $4.4M | $19.1M | $18.86M | $9.53M | $10.37M | $14.4M | $15.62M | $19.91M | $22.99M | $0 | $0 | $2.29M | $3M | $4.4M | $1.82M | $5.92M | $9.55M | $21.48M | $19.61M | $21.45M |
| 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 |
| Long-Term Deferred Tax Liabilities | $27.39M | $23.07M | $12.43M | $11.58M | $13.68M | $13M | $13.22M | $9.11M | $11M | $15.46M | $3.41M | $0 | $0 | $12.3M | $0 | $13.38M | $11.95M | $14.69M | $16.5M | $0 | $8.1M | $8.56M | $6.76M | $12.24M | $13.57M | $12.06M | $11.91M | $9.44M | $14.17M | $13.19M | $17.76M |
| Other Long-Term Liabilities | $204.62M | $239.43M | $244.4M | $254.73M | $255.59M | $268.65M | -$13.22M | -$9.11M | -$11M | $260.3M | -$3.41M | $281.28M | $283.56M | $296.89M | $279.25M | $0 | $0 | $368.17M | -$19.91M | $395.2M | $261.66M | -$8.56M | -$9.05M | -$15.23M | -$17.97M | -$13.87M | -$17.83M | -$18.99M | -$35.65M | -$32.8M | -$39.21M |
| Total Long-Term Liabilities | $232M | $262.51M | $275.83M | $285.32M | $293.27M | $281.65M | $0 | $0 | $0 | $278.66M | $0 | $285.68M | $302.66M | $328.05M | $288.78M | $23.75M | $26.35M | $398.48M | $16.5M | $418.19M | $269.76M | $265.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | -$3.9M | $0 | $0 | $0 | $0 | $0 | -$3.05M | -$12.64M | -$16.25M | $357.94M | $240.53M | $322.44M | $0 | $390.52M | $0 | $263.61M | $267.29M | $267.01M | $270.58M | $276.96M | $286.32M | $338.58M | $342.61M | $307.7M | $307.62M | $306.23M |
| Total Liabilities | $232M | $266.35M | $280.02M | $289.51M | $297.21M | $281.91M | $257.45M | $288.47M | $296.01M | $278.6M | $300.24M | $287.04M | $309.12M | $330.66M | $292.09M | $376.46M | $377.46M | $398.48M | $410.67M | $418.19M | $263.61M | $267.29M | $267.01M | $270.58M | $276.96M | $286.32M | $338.58M | $342.61M | $307.7M | $307.62M | $306.23M |
| 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 |
| Common Stock | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $4K | $4K | $4K | $4K | $4K | $0 | $0 | $4K | $0 | $4K | $4K | $79K | $80K | $71K | $71K | $84K | $79K | $50K | $33K | $374K | $374K |
| Retained Earnings | $198.42M | $180.63M | $131.33M | $131.99M | $97.73M | $88.07M | $85.98M | $69.71M | $39.04M | $34.23M | $33.06M | $32.15M | $25.17M | $21.92M | $12.65M | $6.34M | -$1.26M | $3.03M | $2.37M | $232K | -$3.64M | -$4.9M | -$4.62M | $2.5M | $1M | -$1.44M | -$739K | -$1.81M | -$1.14M | -$576K | $362K |
| Comprehensive Income & Other | $1.87M | -$2.94M | -$2.72M | -$7.11M | $10.25M | $15.58M | $8.98M | $62K | $32.95M | $20.35M | -$1.18M | $6.85M | $3.46M | $9.66M | $11.79M | $3.68M | $322K | $1.27M | $4.31M | $2.98M | $4.66M | $6.68M | $1.57M | $2.77M | $909K | $335K | -$1.14M | -$277K | -$29K | -$86K | -$1K |
| Other Stockholders' Equity | $33.82M | $29.5M | $29.89M | $25.58M | $43.03M | $48.61M | $44.99M | $36.63M | $70.49M | $58.23M | $41.82M | $49.98M | $47.51M | $54M | $56.84M | $45.12M | $42.11M | $43.21M | $46.38M | $44.79M | $46.95M | $49.27M | $44.24M | $45.02M | $43.13M | $48.07M | $44.04M | $27.13M | $16.46M | $18.22M | $18.29M |
| Total Equity | $232.24M | $210.13M | $161.23M | $157.57M | $140.77M | $136.68M | $130.97M | $106.34M | $109.53M | $92.47M | $74.89M | $82.13M | $72.68M | $75.92M | $69.5M | $51.45M | $40.85M | $46.25M | $48.75M | $45.03M | $43.32M | $44.45M | $39.7M | $47.59M | $44.2M | $46.71M | $43.38M | $25.36M | $15.36M | $18.01M | $19.02M |
| Minority Interest | $449K | $459K | $463K | $453K | $477K | $461K | $524K | $734K | $899K | $1.84M | $2.1M | $1.45M | $5.18M | $3.73M | $6.29M | $13.68M | $13.21M | $13.05M | $14.23M | $19.51M | $11.91M | $6.13M | $4.85M | $0 | $7.77M | $8.9M | $9.02M | $25.41M | $26.25M | $29.84M | $31.14M |
| Total Liabilities and Equity | $464.25M | $476.49M | $441.25M | $447.08M | $437.98M | $418.6M | $388.42M | $394.81M | $405.55M | $371.07M | $375.12M | $369.16M | $381.8M | $406.59M | $361.59M | $427.91M | $418.31M | $444.73M | $459.42M | $463.22M | $306.92M | $311.74M | $306.71M | $318.17M | $321.17M | $333.04M | $381.95M | $367.97M | $323.05M | $325.63M | $325.25M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $0 | $0 | $19M | $19M | $24M | $0 | $0 | $0 | $0 | $2.9M | $0 | $4.4M | $19.1M | $18.86M | $9.53M | $10.37M | $14.4M | $15.62M | $19.91M | $22.99M | $0 | $0 | $2.29M | $3M | $4.4M | $1.82M | $5.92M | $9.55M | $21.48M | $19.61M | $21.45M |
| Net Debt | -$30.54M | -$45.26M | -$22.19M | -$26.29M | -$6.79M | -$39.03M | -$28.79M | -$20.15M | -$25.43M | -$12.26M | -$11.82M | -$9.58M | -$741K | -$4.46M | -$73.39M | -$8.11M | -$23.09M | -$24.38M | $2.17M | $14.52M | -$12.2M | -$11.86M | -$6.46M | -$21.06M | -$11.08M | -$13.25M | -$15.11M | -$16.83M | $5.37M | $2.28M | $8.92M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | $17.08M | $49.4M | $2.77M | $34.36M | $9.66M | $2.22M | $16.6M | $12.39M | $4.81M | $1.46M | $1.21M | $10.04M | $3.25M | $9.27M | $6.32M | $7.6M | -$4.29M | $654K | $2.14M | $3.87M | $1.26M | -$276K | -$6.4M | $1.5M | $2.44M | -$696K | $1.08M | -$679K | -$559K | -$938K | -$3M |
| Depreciation & Amortization | $1.28M | $1.91M | $729K | $2.03M | $2.76M | $1.7M | $3.14M | $1.07M | $702K | $698K | $814K | $1.3M | $1.26M | $1.24M | $1.41M | $1.31M | $1.43M | $1.09M | $1.02M | $4.88M | $4.68M | $3.93M | $8.15M | $3.31M | $3.26M | $505K | $598K | $584K | $625K | $576K | $981K |
| Deferred Income Tax | $2.85M | $10.71M | $559K | $2.52M | $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 |
| Stock-Based Compensation | $291K | $477K | $802K | $599K | $288K | $326K | $354K | $361K | $0 | $0 | $61K | $69K | $34K | $215K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||
| Accounts Receivable | $0 | $576K | $375K | $211K | $0 | $0 | $375K | $199K | $557K | $0 | $678K | $999K | $1.12M | $0 | $0 | $0 | $0 | $0 | $703K | $0 | $456K | $528K | $391K | $1.56M | $1.18M | $929K | $607K | $813K | $1.26M | $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 | $64K | $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 | -$2.91M | $1.98M | $1.02M | $1.07M | $286K | -$1.87M | -$1.63M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$3.55M | $273K | -$6.8M | $1.65M | -$3.98M | -$4.98M | -$1.31M | $4.89M | -$8.8M | -$5.45M | -$6.71M | -$7.32M | -$11.12M | -$3.75M | -$3.58M | -$2.94M | -$6.1M | $507K | $2.54M | -$3.54M | -$5.25M | -$3.14M | -$707K | -$996K | -$738K | $126K | -$592K | -$5.53M | $340K | -$5.91M | -$7.45M |
| Total Working Capital Change | -$3.55M | $850K | -$6.43M | $1.87M | -$3.98M | -$4.98M | -$935K | $5.09M | -$8.24M | -$5.45M | -$6.04M | -$6.32M | -$10M | -$3.75M | -$3.58M | -$2.94M | -$6.1M | $507K | $336K | $0 | -$3.77M | -$1.53M | $33K | -$1.3M | -$1.19M | $1.06M | $14K | -$4.71M | $1.6M | -$5.91M | -$7.45M |
| Other Non-Cash Items | -$24.47M | -$64.91M | -$8.22M | -$46.71M | -$21.28M | -$12.5M | -$25.64M | -$24.33M | -$10.47M | -$8.08M | -$7.19M | -$18.73M | -$5.49M | -$17.61M | -$14.64M | -$8.95M | $4.71M | -$1.06M | -$2.68M | -$10.62M | -$2.46M | -$2.16M | -$2.72M | -$3.47M | -$3.14M | -$3.02M | -$2.32M | $6.98M | -$1.64M | $9.05M | $3.26M |
| Net Cash from Operating | -$6.52M | -$1.57M | -$9.79M | -$5.33M | -$12.45M | -$13.24M | -$6.48M | -$5.42M | -$13.2M | -$11.38M | -$11.15M | -$13.64M | -$10.94M | -$10.64M | -$10.49M | -$2.99M | -$4.25M | $1.2M | $810K | -$1.88M | -$291K | -$46K | -$933K | $39K | $1.37M | -$2.16M | -$628K | $2.17M | $23K | $2.79M | -$6.2M |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.6M | $0 | $0 | -$214K | -$139K | -$17K | $0 | -$73K | -$1.47M | $0 | -$21K | -$537K | -$24K | -$138K | -$108K | -$235K | -$114K | -$532K | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.56M | $600K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$29.41M | -$26.52M | -$60.93M | -$33.76M | -$37.1M | -$32.3M | -$27.26M | -$77.18M | -$18.89M | -$16.74M | -$34.58M | -$79.66M | -$69M | -$165.02M | -$148.95M | -$247.82M | -$175.66M | -$47.27M | -$111.76M | -$60.64M | -$51.6M | -$95.26M | -$137.42M | -$42.05M | -$106.41M | -$50.71M | -$49.13M | -$58.34M | -$32.44M | -$35.87M | -$33.18M |
| Sales of Investments | $21.97M | $60.59M | $38.89M | $49.27M | $27.52M | $60.72M | $28.78M | $76.13M | $37.22M | $44.21M | $35.18M | $61.87M | $62.5M | $115.89M | $236.15M | $236.47M | $183.33M | $73.06M | $121.51M | $53.95M | $50.34M | $99.06M | $122.11M | $49.91M | $106.49M | $46.79M | $44.44M | $64.01M | $29.98M | $52.03M | $25.15M |
| Other Investing Activities | $551K | -$7.57M | $28.94M | $10.69M | -$8.47M | -$1.5M | $14.77M | $3.06M | $8.65M | -$10.81M | $12.98M | $53.7M | $12.69M | -$6.84M | -$8.13M | $0 | -$6.31M | -$429K | $1.19M | $102K | $0 | $0 | $0 | $1.17M | $201K | $90K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$6.89M | $26.5M | $6.9M | $26.2M | -$18.05M | $26.92M | $16.28M | $2.01M | $26.99M | $16.66M | $13.58M | $34.3M | $6.19M | -$55.97M | $78.85M | -$11.48M | $2.9M | $25.95M | $10.87M | -$8.06M | -$1.27M | $3.78M | -$15.85M | $9.01M | $139K | -$3.94M | -$4.93M | $5.56M | -$2.99M | $16.16M | -$8.03M |
| Financing Activities | |||||||||||||||||||||||||||||||
| Debt Repaid | - | $19M | - | $5M | -$24M | - | - | - | $2.9M | -$2.9M | $4.4M | $14.7M | -$240K | -$9.33M | $841K | $4.03M | $2.03M | $4.3M | $3.08M | -$24.19M | $1.5M | $4.56M | $705K | $3.41M | $1.3M | $1.54M | $3.15M | $11.92M | -$685K | $1.87M | $606K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $5K | $0 | $0 | $361K | $261K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $444K | $0 | $151K | $167K | $196K | $707K | $0 | $0 | $0 | $11M | $0 | $500 | $13K |
| Common Stock Repurchases | -$783K | -$648K | -$882K | -$686K | -$537K | -$3.31M | -$909K | -$1.33M | -$604K | -$5.12M | -$120K | -$928K | -$287K | -$929K | -$476K | -$350K | -$161K | -$124K | -$191K | -$482K | -$522K | -$299K | -$441K | -$520K | -$1.18M | $0 | -$150K | -$27K | -$927K | $0 | $0 |
| Dividends Paid | $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 Financing Activities | -$536K | -$1.21M | -$342K | -$680K | -$1.2M | -$126K | -$255K | -$911K | -$267K | $271K | -$70K | -$10.9M | $1.32M | -$1.39M | -$2.61M | -$162K | $1.04M | -$477K | $412K | -$17.5M | $772K | $1.8M | $2.44M | $745K | $1.39M | $1.67M | $3.5M | $3.5M | $1.99M | -$12.28M | $15.66M |
| Net Cash from Financing | -$1.32M | -$20.85M | -$1.22M | -$6.37M | $22.27M | -$3.44M | -$1.16M | -$1.88M | -$3.51M | -$1.95M | -$4.59M | -$26.52M | $1.28M | $7M | -$3.92M | -$4.54M | -$1.16M | -$4.9M | -$2.41M | $6.21M | $1.9M | -$621K | $1.49M | -$474K | -$1.09M | $134K | $206K | $2.55M | $1.75M | -$14.15M | $15.06M |
| 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 |
| Net Change in Cash | -$14.73M | $4.08M | -$4.11M | $14.5M | -$8.24M | $10.24M | $8.64M | -$5.28M | $10.28M | $3.33M | -$2.15M | -$5.86M | -$3.48M | -$59.6M | $64.44M | -$19.01M | -$2.5M | $22.25M | $9.27M | -$3.73M | $345K | $3.11M | -$15.29M | $8.57M | $412K | -$5.96M | -$5.35M | $10.27M | -$1.22M | $4.8M | $831K |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Operating Cash Flow | -$6.52M | -$1.57M | -$9.79M | -$5.33M | -$12.45M | -$13.24M | -$6.48M | -$5.42M | -$13.2M | -$11.38M | -$11.15M | -$13.64M | -$10.94M | -$10.64M | -$10.49M | -$2.99M | -$4.25M | $1.2M | $810K | -$1.88M | -$291K | -$46K | -$933K | $39K | $1.37M | -$2.16M | -$628K | $2.17M | $23K | $2.79M | -$6.2M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.6M | $0 | $0 | -$214K | -$139K | -$17K | -$124K | -$73K | -$1.47M | $0 | -$21K | -$537K | -$24K | -$138K | -$108K | -$235K | -$114K | -$532K | $0 | $0 |
| Free Cash Flow | -$6.52M | -$1.57M | -$9.79M | -$5.33M | -$12.45M | -$13.24M | -$6.48M | -$5.42M | -$13.2M | -$11.38M | -$11.15M | -$15.24M | -$10.94M | -$10.64M | -$10.7M | -$3.13M | -$4.27M | $1.07M | $737K | -$3.34M | -$291K | -$66K | -$1.47M | $14K | $1.23M | -$2.26M | -$863K | $2.05M | -$509K | $2.79M | -$6.2M |
| Cash at Beginning | $45.26M | $41.19M | $45.29M | $30.79M | $39.03M | $28.79M | $20.15M | $25.43M | $15.16M | $11.82M | $13.98M | $19.84M | $23.32M | $82.93M | $18.48M | $37.49M | $40M | $17.75M | $8.47M | $12.2M | $11.86M | $8.75M | $24.04M | $15.48M | $15.07M | $21.03M | $26.38M | $16.11M | $17.33M | $12.53M | $11.7M |
| Cash at End | $30.54M | $45.26M | $41.19M | $45.29M | $30.79M | $39.03M | $28.79M | $20.15M | $25.43M | $15.16M | $11.82M | $13.98M | $19.84M | $23.32M | $82.93M | $18.48M | $37.49M | $40M | $17.75M | $8.47M | $12.2M | $11.86M | $8.75M | $24.05M | $15.48M | $15.07M | $21.03M | $26.38M | $16.11M | $17.33M | $12.53M |