OFLX: Omega Flex Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Omega Flex Inc (OFLX).
$423.66M Market Cap.
OFLX Market Cap. (MRY)
OFLX Shares Outstanding (MRY)
OFLX Assets (MRY)
Total Assets
$105.89M
Total Liabilities
$22.71M
Total Investments
$0
OFLX Income (MRY)
Revenue
$101.68M
Net Income
$18.01M
Operating Expense
$40.69M
OFLX Cash Flow (MRY)
CF Operations
$20.86M
CF Investing
-$2.01M
CF Financing
-$13.53M
OFLX Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $105,891,000 (5.64%) | $100,234,000 (2.61%) | $97,684,000 (9.86%) | $88,915,000 (24.23%) |
Assets Current | $83,622,000 (4.28%) | $80,188,000 (5.85%) | $75,755,000 (5.60%) | $71,737,000 (25.07%) |
Assets Non-Current | $22,269,000 (11.09%) | $20,046,000 (-8.59%) | $21,929,000 (27.66%) | $17,178,000 (20.85%) |
Goodwill & Intangible Assets | $3,526,000 (0.00%) | $3,526,000 (0.00%) | $3,526,000 (0.00%) | $3,526,000 (0.00%) |
Shareholders Equity | $83,114,000 (5.62%) | $78,689,000 (10.87%) | $70,977,000 (17.61%) | $60,352,000 (30.87%) |
Property Plant & Equipment Net | $14,644,000 (23.15%) | $11,891,000 (2.43%) | $11,609,000 (-2.80%) | $11,943,000 (31.36%) |
Cash & Equivalents | $51,699,000 (11.53%) | $46,356,000 (22.95%) | $37,703,000 (14.55%) | $32,913,000 (39.27%) |
Accumulated Other Comprehensive Income | -$892,000 (4.09%) | -$930,000 (15.68%) | -$1,103,000 (-33.37%) | -$827,000 (-6.30%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $14,559,000 (-6.66%) | $15,597,000 (-12.20%) | $17,764,000 (14.13%) | $15,565,000 (35.23%) |
Trade & Non-Trade Receivables | $14,381,000 (-6.38%) | $15,361,000 (-12.24%) | $17,503,000 (-15.55%) | $20,726,000 (3.23%) |
Trade & Non-Trade Payables | $2,661,000 (27.32%) | $2,090,000 (-8.73%) | $2,290,000 (-31.74%) | $3,355,000 (35.77%) |
Accumulated Retained Earnings (Deficit) | $72,880,000 (6.41%) | $68,493,000 (12.37%) | $60,954,000 (21.78%) | $50,053,000 (39.93%) |
Tax Assets | $365,000 (93.12%) | $189,000 (-79.52%) | $923,000 (13085.71%) | $7,000 (40.00%) |
Tax Liabilities | $891,000 (125.57%) | $395,000 (-18.56%) | $485,000 (-47.34%) | $921,000 (-44.48%) |
Total Debt | $5,278,000 (79.16%) | $2,946,000 (-8.22%) | $3,210,000 (-4.83%) | $3,373,000 (575.95%) |
Debt Current | $712,000 (56.83%) | $454,000 (1.57%) | $447,000 (16.71%) | $383,000 (55.06%) |
Debt Non-Current | $4,566,000 (83.23%) | $2,492,000 (-9.81%) | $2,763,000 (-7.59%) | $2,990,000 (1086.51%) |
Total Liabilities | $22,710,000 (6.21%) | $21,382,000 (-19.35%) | $26,511,000 (-6.57%) | $28,374,000 (12.62%) |
Liabilities Current | $17,438,000 (-3.56%) | $18,082,000 (-19.23%) | $22,386,000 (-1.79%) | $22,794,000 (4.22%) |
Liabilities Non-Current | $5,272,000 (59.76%) | $3,300,000 (-20.00%) | $4,125,000 (-26.08%) | $5,580,000 (67.92%) |
OFLX Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $101,681,000 (-8.78%) | $111,465,000 (-11.17%) | $125,487,000 (-3.48%) | $130,011,000 (22.89%) |
Cost of Revenue | $39,418,000 (-8.54%) | $43,100,000 (-8.65%) | $47,182,000 (-2.68%) | $48,480,000 (23.53%) |
Selling General & Administrative Expense | $36,624,000 (-5.36%) | $38,698,000 (-9.07%) | $42,556,000 (1.67%) | $41,859,000 (17.26%) |
Research & Development Expense | $4,068,000 (5.17%) | $3,868,000 (-18.28%) | $4,733,000 (2.67%) | $4,610,000 (9.76%) |
Operating Expenses | $40,692,000 (-4.40%) | $42,566,000 (-9.99%) | $47,289,000 (1.76%) | $46,469,000 (16.47%) |
Interest Expense | -$2,278,000 (-34.00%) | -$1,700,000 (-877.01%) | -$174,000 (-397.14%) | -$35,000 (-189.74%) |
Income Tax Expense | $5,707,000 (-16.38%) | $6,825,000 (-6.85%) | $7,327,000 (-17.32%) | $8,862,000 (34.39%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $17,915,000 (-13.54%) | $20,720,000 (-12.40%) | $23,652,000 (-9.92%) | $26,256,000 (31.50%) |
Net Income to Non-Controlling Interests | -$99,000 (-130.23%) | -$43,000 (-243.33%) | $30,000 (-50.82%) | $61,000 (7.02%) |
Net Income | $18,014,000 (-13.24%) | $20,763,000 (-12.10%) | $23,622,000 (-9.82%) | $26,195,000 (31.57%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $18,014,000 (-13.24%) | $20,763,000 (-12.10%) | $23,622,000 (-9.82%) | $26,195,000 (31.57%) |
Weighted Average Shares | $10,094,000 (0.00%) | $10,094,000 (0.00%) | $10,094,000 (0.00%) | $10,094,000 (0.00%) |
Weighted Average Shares Diluted | $10,094,000 (0.00%) | $10,094,000 (0.00%) | $10,094,000 (0.00%) | $10,094,000 (0.00%) |
Earning Before Interest & Taxes (EBIT) | $21,443,000 (-17.17%) | $25,888,000 (-15.88%) | $30,775,000 (-12.13%) | $35,022,000 (31.94%) |
Gross Profit | $62,263,000 (-8.93%) | $68,365,000 (-12.69%) | $78,305,000 (-3.96%) | $81,531,000 (22.51%) |
Operating Income | $21,571,000 (-16.39%) | $25,799,000 (-16.82%) | $31,016,000 (-11.54%) | $35,062,000 (31.55%) |
OFLX Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,006,000 (-22.17%) | -$1,642,000 (-74.31%) | -$942,000 (2.99%) | -$971,000 (-72.16%) |
Net Cash Flow from Financing | -$13,527,000 (-3.07%) | -$13,124,000 (-38.31%) | -$9,489,000 (36.17%) | -$14,867,000 (-31.50%) |
Net Cash Flow from Operations | $20,857,000 (-10.95%) | $23,422,000 (53.63%) | $15,246,000 (-39.38%) | $25,149,000 (30.24%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $5,324,000 (-38.49%) | $8,656,000 (79.77%) | $4,815,000 (-48.29%) | $9,311,000 (25.15%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$2,006,000 (-22.17%) | -$1,642,000 (-74.31%) | -$942,000 (2.99%) | -$971,000 (-72.16%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$13,527,000 (-3.07%) | -$13,124,000 (-38.31%) | -$9,489,000 (36.17%) | -$14,867,000 (-31.50%) |
Effect of Exchange Rate Changes on Cash | $19,000 (733.33%) | -$3,000 (88.00%) | -$25,000 (19.35%) | -$31,000 (-132.63%) |
Share Based Compensation | $54,000 (-81.51%) | $292,000 (87.18%) | $156,000 (-69.17%) | $506,000 (-65.18%) |
Depreciation Amortization & Accretion | $2,014,000 (29.02%) | $1,561,000 (42.43%) | $1,096,000 (7.45%) | $1,020,000 (17.24%) |
OFLX Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 61.20% (-0.16%) | 61.30% (-1.76%) | 62.40% (-0.48%) | 62.70% (-0.32%) |
Profit Margin | 17.70% (-4.84%) | 18.60% (-1.06%) | 18.80% (-6.47%) | 20.10% (6.91%) |
EBITDA Margin | 23.10% (-6.10%) | 24.60% (-3.15%) | 25.40% (-8.30%) | 27.70% (6.95%) |
Return on Average Equity (ROAE) | 22.20% (-18.68%) | 27.30% (-23.10%) | 35.50% (-26.04%) | 48.00% (0.00%) |
Return on Average Assets (ROAA) | 17.70% (-18.06%) | 21.60% (-16.92%) | 26.00% (-20.73%) | 32.80% (3.47%) |
Return on Sales (ROS) | 21.10% (-9.05%) | 23.20% (-5.31%) | 24.50% (-8.92%) | 26.90% (7.17%) |
Return on Invested Capital (ROIC) | 51.80% (-21.28%) | 65.80% (-16.60%) | 78.90% (-29.99%) | 112.70% (-2.68%) |
Dividend Yield | 2.40% (26.32%) | 1.90% (35.71%) | 1.40% (55.56%) | 0.90% (12.50%) |
Price to Earnings Ratio (P/E) | 23.58 (-31.11%) | 34.23 (-14.17%) | 39.88 (-18.32%) | 48.83 (-34.12%) |
Price to Sales Ratio (P/S) | 4.17 (-34.75%) | 6.38 (-14.95%) | 7.51 (-23.83%) | 9.86 (-29.25%) |
Price to Book Ratio (P/B) | 5.1 (-43.65%) | 9.04 (-31.85%) | 13.27 (-37.49%) | 21.23 (-33.56%) |
Debt to Equity Ratio (D/E) | 0.27 (0.37%) | 0.27 (-27.27%) | 0.37 (-20.43%) | 0.47 (-13.92%) |
Earnings Per Share (EPS) | 1.78 (-13.59%) | 2.06 (-11.97%) | 2.34 (-10.00%) | 2.6 (31.98%) |
Sales Per Share (SPS) | 10.07 (-8.78%) | 11.04 (-11.17%) | 12.43 (-3.48%) | 12.88 (22.89%) |
Free Cash Flow Per Share (FCFPS) | 1.87 (-13.44%) | 2.16 (52.29%) | 1.42 (-40.84%) | 2.4 (28.97%) |
Book Value Per Share (BVPS) | 8.23 (5.62%) | 7.8 (10.86%) | 7.03 (17.61%) | 5.98 (30.86%) |
Tangible Assets Book Value Per Share (TABVPS) | 10.14 (5.84%) | 9.58 (2.71%) | 9.33 (10.27%) | 8.46 (25.49%) |
Enterprise Value Over EBIT (EV/EBIT) | 18 (-30.77%) | 26 (-13.33%) | 30 (-16.67%) | 36 (-34.55%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 16.35 (-33.69%) | 24.65 (-14.08%) | 28.7 (-17.77%) | 34.9 (-34.29%) |
Asset Turnover | 1 (-13.97%) | 1.16 (-15.88%) | 1.38 (-15.35%) | 1.63 (-3.21%) |
Current Ratio | 4.79 (8.12%) | 4.43 (31.06%) | 3.38 (7.53%) | 3.15 (19.98%) |
Dividends | $1.01 (-22.90%) | $1.31 (3.97%) | $1.26 (6.78%) | $1.18 (5.36%) |
Free Cash Flow (FCF) | $18,851,000 (-13.45%) | $21,780,000 (52.27%) | $14,304,000 (-40.84%) | $24,178,000 (28.98%) |
Enterprise Value (EV) | $383,440,694 (-43.34%) | $676,724,644 (-26.00%) | $914,532,129 (-27.28%) | $1,257,691,178 (-13.60%) |
Earnings Before Tax (EBT) | $23,721,000 (-14.02%) | $27,588,000 (-10.86%) | $30,949,000 (-11.72%) | $35,057,000 (32.27%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $23,457,000 (-14.54%) | $27,449,000 (-13.87%) | $31,871,000 (-11.57%) | $36,042,000 (31.48%) |
Invested Capital | $38,506,000 (9.34%) | $35,216,000 (-5.53%) | $37,279,000 (12.78%) | $33,055,000 (43.47%) |
Working Capital | $66,184,000 (6.57%) | $62,106,000 (16.37%) | $53,369,000 (9.04%) | $48,943,000 (37.92%) |
Tangible Asset Value | $102,365,000 (5.85%) | $96,708,000 (2.71%) | $94,158,000 (10.27%) | $85,389,000 (25.49%) |
Market Capitalization | $423,658,694 (-40.48%) | $711,750,644 (-24.44%) | $942,002,129 (-26.49%) | $1,281,474,178 (-13.05%) |
Average Equity | $81,323,250 (6.96%) | $76,033,250 (14.23%) | $66,564,250 (21.87%) | $54,617,250 (31.69%) |
Average Assets | $101,898,500 (6.01%) | $96,121,000 (5.60%) | $91,023,250 (14.05%) | $79,807,750 (26.99%) |
Invested Capital Average | $41,403,500 (5.27%) | $39,330,750 (0.78%) | $39,026,750 (25.61%) | $31,069,250 (35.51%) |
Shares | 10,094,322 (0.00%) | 10,094,322 (0.00%) | 10,094,322 (0.00%) | 10,094,322 (0.00%) |
