See more : SSP Group plc (SSPPF) 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
- Neometals Ltd (NMT.AX) Income Statement Analysis – Financial Results
- SAM Engineering & Equipment (M) Berhad (9822.KL) Income Statement Analysis – Financial Results
- Martello Technologies Group Inc. (DRKOF) Income Statement Analysis – Financial Results
- Transcendent Group AB (publ) (TRG.ST) Income Statement Analysis – Financial Results
- Eqva ASA (EQVA.OL) 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 |
Goldman Sachs Group Inc. Acquires 8,477 Shares of Omega Flex, Inc. (NASDAQ:OFLX)
Goldman Sachs Group Inc. lifted its stake in Omega Flex, Inc. (NASDAQ:OFLX) by 290.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,398 shares of the...
Omega Flex: 1Q Earnings Snapshot
EXTON, Pa. (AP) _ Omega Flex Inc. (OFLX) on Thursday reported first-quarter net income of $4.3 million. The Exton, Pennsylvania-based company said it had profit of 43 cents per share. The flexible metal hose maker posted revenue of $25.3 million...
Omega Flex, Inc. Announces First Quarter Earnings
EXTON, Pa., April 16, 2020 (GLOBE NEWSWIRE) -- Omega Flex today reported its results of operations for the First Quarter, 2020: OMEGA FLEX, INC....
2,620 Shares in Omega Flex, Inc. (NASDAQ:OFLX) Bought by Jane Street Group LLC
Jane Street Group LLC bought a new position in shares of Omega Flex, Inc. (NASDAQ:OFLX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,620 shares of the industrial products company’s...
Credit Suisse AG Sells 296 Shares of Omega Flex, Inc. (NASDAQ:OFLX)
Credit Suisse AG trimmed its position in shares of Omega Flex, Inc. (NASDAQ:OFLX) by 7.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,844 shares of the...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Quarter Ending March 31, 2020
EXTON, Pa., April 01, 2020 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a...
Omega Flex (NASDAQ:OFLX) Reaches New 52-Week Low at $50.54
Omega Flex, Inc. (NASDAQ:OFLX)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $50.54 and last traded at $54.98, with a volume of 735 shares trading hands. The stock had...
The rush to deploy robots in China amid the coronavirus outbreak
Chinese companies are rushing to deploy robots and automation technology as the coronavirus spreads throughout the nation.
A More Sustainable Supply Chain
Companies tend to focus on their top-tier suppliers, but the real risks come lower down.
Omega Flex: 4Q Earnings Snapshot
EXTON, Pa. (AP) _ Omega Flex Inc. (OFLX) on Thursday reported fourth-quarter earnings of $5.6 million. On a per-share basis, the Exton, Pennsylvania-based company said it had profit of 55 cents. The flexible metal hose maker posted revenue of $29.7...
Source: https://incomestatements.info
Category: Stock Reports