See more : Praxsyn Corporation (PXYN) Income Statement Analysis – Financial Results
Complete financial analysis of Omega Flex, Inc. (OFLX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Omega Flex, Inc., a leading company in the Industrial – Machinery industry within the Industrials sector.
You may be interested
- Graphite India Limited (GRAPHITE.BO) Income Statement Analysis – Financial Results
- Guangdong Hybribio Biotech Co.,Ltd. (300639.SZ) Income Statement Analysis – Financial Results
- Subros Limited (SUBROS.NS) Income Statement Analysis – Financial Results
- Deere & Company (0R2P.L) Income Statement Analysis – Financial Results
- MODE TOUR Real Estate Investment Trust Incorporated (204210.KS) Income Statement Analysis – Financial Results
Omega Flex, Inc. (OFLX)
About Omega Flex, Inc.
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 111.47M | 125.49M | 130.01M | 105.80M | 111.36M | 108.31M | 101.80M | 94.05M | 93.28M | 85.22M | 77.12M | 64.02M | 54.19M | 46.88M | 44.14M | 63.48M | 74.51M | 73.57M | 65.64M | 48.17M | 37.07M | 35.03M | 30.72M |
| Cost of Revenue | 43.10M | 47.18M | 48.48M | 39.25M | 40.87M | 42.22M | 40.03M | 36.17M | 36.13M | 35.19M | 35.23M | 31.09M | 26.48M | 22.57M | 21.51M | 32.27M | 38.46M | 35.68M | 32.94M | 23.40M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 68.37M | 78.31M | 81.53M | 66.55M | 70.49M | 66.10M | 61.77M | 57.88M | 57.15M | 50.03M | 41.89M | 32.93M | 27.72M | 24.30M | 22.63M | 31.22M | 36.05M | 37.89M | 32.70M | 24.77M | 37.07M | 35.03M | 30.72M |
| Gross Profit Ratio | 61.33% | 62.40% | 62.71% | 62.90% | 63.30% | 61.02% | 60.67% | 61.55% | 61.26% | 58.70% | 54.32% | 51.44% | 51.14% | 51.84% | 51.28% | 49.18% | 48.39% | 51.50% | 49.82% | 51.42% | 100.00% | 100.00% | 100.00% |
| Research & Development | 3.87M | 4.73M | 4.61M | 4.20M | 4.72M | 4.81M | 3.29M | 3.19M | 2.68M | 2.92M | 2.76M | 2.60M | 2.47M | 2.32M | 2.25M | 2.22M | 2.69M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 17.71M | 20.63M | 21.43M | 19.12M | 24.82M | 17.80M | 17.90M | 17.11M | 15.71M | 12.35M | 11.13M | 12.03M | 7.67M | 6.38M | 6.27M | 0.00 | 0.00 | 0.00 | 0.00 | 5.49M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 20.99M | 21.93M | 20.43M | 16.58M | 19.03M | 17.12M | 16.36M | 15.69M | 15.25M | 14.11M | 12.95M | 12.26M | 10.87M | 8.86M | 7.87M | 0.00 | 0.00 | 0.00 | 0.00 | 8.71M | 0.00 | 0.00 | 0.00 |
| SG&A | 38.70M | 42.56M | 41.86M | 35.70M | 43.85M | 34.92M | 34.26M | 32.80M | 30.96M | 26.46M | 24.09M | 24.29M | 18.54M | 15.23M | 14.14M | 18.11M | 19.63M | 20.22M | 20.64M | 14.20M | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -211.00K | 21.00K | -53.00K | 56.00K | -126.00K | -38.00K | -474.00K | -12.00K | -82.00K | -74.00K | 93.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.36M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 42.57M | 47.29M | 46.47M | 39.90M | 48.57M | 39.73M | 37.55M | 35.99M | 33.64M | 29.38M | 26.85M | 26.88M | 21.01M | 17.55M | 16.39M | 20.33M | 22.33M | 20.22M | 20.64M | 15.56M | 0.00 | 0.00 | 0.00 |
| Cost & Expenses | 85.67M | 94.47M | 94.95M | 79.14M | 89.44M | 81.95M | 77.58M | 72.15M | 69.78M | 64.57M | 62.07M | 57.97M | 47.48M | 40.13M | 37.90M | 52.60M | 60.78M | 55.90M | 53.57M | 38.96M | 0.00 | 0.00 | 0.00 |
| Interest Income | 1.70M | 174.00K | 35.00K | 39.00K | 876.00K | 488.00K | 117.00K | 98.00K | 73.00K | 36.00K | 0.00 | 0.00 | 0.00 | 0.00 | 174.00K | 291.00K | 562.00K | 562.00K | 157.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 174.00K | 0.00 | 39.00K | 0.00 | 488.00K | 117.00K | 98.00K | 73.00K | 36.00K | 9.00K | 25.00K | 8.00K | 25.00K | 174.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.10M | 1.10M | 1.02M | 870.00K | 719.00K | 543.00K | 502.00K | 459.00K | 460.00K | 486.00K | 547.00K | 588.00K | 651.00K | 637.00K | 623.00K | 599.00K | 498.00K | 417.00K | 665.00K | 665.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | 26.90M | 32.11M | 36.08M | 27.47M | 22.64M | 26.91M | 24.72M | 22.36M | 23.96M | 21.13M | 15.60M | 11.45M | 7.36M | 7.39M | 6.87M | 11.70M | 14.31M | 8.64M | 12.73M | 9.87M | 37.07M | 35.03M | 30.72M |
| EBITDA Ratio | 24.13% | 25.59% | 27.75% | 25.97% | 20.33% | 24.84% | 24.28% | 23.77% | 25.69% | 24.80% | 20.22% | 3.02% | 13.54% | 15.77% | 15.56% | 17.57% | 20.43% | 52.47% | 19.09% | 20.22% | 100.00% | 100.00% | 100.00% |
| Operating Income | 25.80M | 31.02M | 35.06M | 26.65M | 21.92M | 26.37M | 24.22M | 21.90M | 23.50M | 20.65M | 15.05M | 10.75M | 6.71M | 6.75M | 6.24M | 11.10M | 13.21M | 7.18M | 12.07M | 9.21M | 37.07M | 35.03M | 30.72M |
| Operating Income Ratio | 23.15% | 24.72% | 26.97% | 25.19% | 19.69% | 24.34% | 23.79% | 23.28% | 25.20% | 24.23% | 19.51% | 16.79% | 12.38% | 14.40% | 14.15% | 17.48% | 17.73% | 9.76% | 18.38% | 19.11% | 100.00% | 100.00% | 100.00% |
| Total Other Income/Expenses | 1.75M | -37.00K | 56.00K | -92.00K | 932.00K | 362.00K | 79.00K | -376.00K | 61.00K | -46.00K | -65.00K | 118.00K | 32.00K | -30.00K | 306.00K | 200.00K | 596.00K | -9.45M | 355.00K | 505.00K | -37.07M | -35.03M | -30.72M |
| Income Before Tax | 27.55M | 30.98M | 35.12M | 26.56M | 22.85M | 26.73M | 24.30M | 21.52M | 23.56M | 20.60M | 14.98M | 10.87M | 6.74M | 6.72M | 6.55M | 11.30M | 13.81M | 8.23M | 12.42M | 9.71M | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 24.71% | 24.69% | 27.01% | 25.11% | 20.52% | 24.68% | 23.87% | 22.88% | 25.26% | 24.17% | 19.43% | 16.97% | 12.44% | 14.33% | 14.84% | 17.80% | 18.53% | 11.18% | 18.92% | 20.16% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 6.83M | 7.33M | 8.86M | 6.59M | 5.43M | 6.45M | 8.45M | 6.98M | 7.60M | 6.99M | 4.89M | 4.05M | 2.11M | 2.17M | 2.17M | 3.92M | 5.13M | 3.06M | 4.94M | 3.71M | -4.04M | -3.56M | -2.47M |
| Net Income | 20.76M | 23.62M | 26.20M | 19.91M | 17.29M | 20.14M | 15.66M | 14.38M | 15.79M | 13.46M | 10.04M | 6.88M | 4.65M | 4.57M | 4.38M | 7.38M | 8.68M | 5.16M | 7.48M | 6.00M | 4.04M | 3.56M | 2.47M |
| Net Income Ratio | 18.63% | 18.82% | 20.15% | 18.82% | 15.52% | 18.59% | 15.39% | 15.29% | 16.93% | 15.80% | 13.01% | 10.74% | 8.57% | 9.74% | 9.93% | 11.63% | 11.65% | 7.02% | 11.39% | 12.46% | 10.89% | 10.17% | 8.03% |
| EPS | 2.06 | 2.34 | 2.60 | 1.97 | 1.71 | 2.00 | 1.55 | 1.42 | 1.56 | 1.33 | 0.99 | 0.68 | 0.46 | 0.45 | 0.43 | 0.73 | 0.86 | 0.51 | 0.74 | 0.66 | 0.46 | 0.41 | 0.28 |
| EPS Diluted | 2.06 | 2.34 | 2.60 | 1.97 | 1.71 | 2.00 | 1.55 | 1.42 | 1.56 | 1.33 | 0.99 | 0.68 | 0.46 | 0.45 | 0.43 | 0.73 | 0.86 | 0.51 | 0.74 | 0.59 | 0.40 | 0.35 | 0.24 |
| Weighted Avg Shares Out | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.10M | 10.15M | 10.15M | 10.15M | 9.03M | 8.78M | 8.69M | 8.81M |
| Weighted Avg Shares Out (Dil) | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.10M | 10.15M | 10.15M | 10.15M | 10.15M | 10.09M | 10.18M | 10.28M |
Omega Flex, Inc. Announces First Quarter 2021 Earnings
EXTON, Pa., April 21, 2021 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's Net Sales for the first quarter of 2021 were $30,863,000 compared to $25,266,000 during the first quarter of last year, increasing $5,597,000...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2021
EXTON, Pa., March 24, 2021 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ:OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable on April 14, 2021 to shareholders of record on April 5, 2021. Kevin...
Omega Flex, Inc. Announces Fourth Quarter 2020 Earnings
EXTON, Pa., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Kevin R. Hoben, Chairman and CEO, announced that the Company's net sales for 2020 and 2019 were $105,796,000 and $111,360,000, respectively, decreasing 5.0%.
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Quarter Ending December 31, 2020
EXTON, Pa., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable on January 5, 2021 to shareholders of record on December 21, 2020. ...
U.S. IPO Week Ahead: The September IPO Calendar Stays Good(Rx) And Busy In An 8-IPO Week
In another busy week for the September IPO market, eight IPOs are scheduled to raise $2.0 billion, led by prescription drug marketplace GoodRx Holdings.
Labour abuses happening 'at scale' far beyond Leicester, warn rights groups
Exploitation occurring in farming, construction, contract cleaning, fishing, recycling and domestic work, say labour organisations
Review: Lenovo Flex 5 Chromebook strikes the perfect balance
There are Chromebooks that are too small and too weak, there are Chromebooks that are too big and too expensive, and then there are Chromebooks that get it just right. The Flex 5 is one of those Chromebooks.
Omega Flex, Inc. (NASDAQ:OFLX) Stock Holdings Raised by Royal Bank of Canada
Royal Bank of Canada raised its stake in Omega Flex, Inc. (NASDAQ:OFLX) by 8.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 9,201 shares of the industrial products company’s stock after purchasing...
Flex (NASDAQ:FLEX) Upgraded at BidaskClub
Flex (NASDAQ:FLEX) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a report released on Thursday, BidAskClub reports. Other analysts have also issued research reports about the stock. Cfra cut their target price...
Braun lancia il nuovo Silk-épil 9 Flex con la ballerina Elena D’Amario | Engage
La ballerina Elena D’Amario è protagonista della pubblicità del nuovo Braun Silk-épil 9 Flex, partita il 28 giugno sulle maggiori emittenti tv e sul web
Source: https://incomestatements.info
Category: Stock Reports