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SCX - The L.S. Starrett Co...

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The L.S. Starrett Company

SCX

NYSE

Inactive Equity

The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. The company's products include precision tools, electronic gauges, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and reciprocating saw blades, as well as M1 lubricant and precision ground flat stock products. It also provides measuring tools, such as micrometers, vernier calipers, height gages, depth gages, electronic gages, dial indicators, steel rules, and combination squares, as well as custom and non-contact gaging. In addition, the company offers hand tools for measuring, marking, and layout that include tapes, levels, chalk lines, and other products for building trades, and construction and retail trades. Further, it provides carbide tipped products for cutting ferrous materials, and non-ferrous metals and castings. The company primarily distributes its precision hand tools, and saw and construction products through distributors or resellers. It serves the metalworking, aerospace, medical, oil and gas, machinery, government, equipment, and automotive markets; marine and farm equipment shops, and do-it-yourselfers; and tradesmen, which comprise builders, carpenters, plumbers, and electricians. The L.S. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts.

16.18 USD

0.01 (0.0618%)

SCX Financial Statements

Year

2023

2022

2021

2020

Total Revenue

256.18M

253.7M

219.64M

201.45M

Cost of Revenue

173.69M

169.46M

146.3M

139.24M

Gross Profit

82.49M

84.25M

73.34M

62.21M

Operating Expenses

63.17M

62.05M

54.93M

56.79M

Research and Development

3.7M

3.5M

3M

3.8M

Selling, General & Administrative Expenses

63.32M

62.26M

56.32M

59.44M

Selling & Marketing Expenses

3.7M

3.1M

3.2M

3.6M

General & Administrative Expenses

59.62M

59.16M

53.12M

59.44M

Other Expenses

9.04M

-205k

-1.39M

-2.64M

Operating Income

18.92M

21.55M

16.57M

5.42M

Total Other Income/Expenses Net

6.99M

-36k

860k

-25.41M

Income Before Tax

25.9M

21.52M

17.43M

-20M

Income Tax

2.81M

6.64M

1.89M

1.84M

Net Income

23.09M

14.88M

15.53M

-21.84M

Basic EPS

3.12

2.06

2.2

-3.14

EPS Diluted

3.06

2

2.11

-3.14

Basic Average Shares

7.39M

7.23M

7.07M

6.95M

Diluted Average Shares

7.55M

7.44M

7.37M

6.95M

EBITDA

35.3M

30.15M

26.33M

-3.89M

Retained Earning Schedule

Year

2023

2022

2021

2020

Retained Earnings (Previous Year)

89.06M

74.18M

58.65M

80.49M

Net Income

23.09M

14.88M

15.53M

-21.84M

Stock Repurchases

-36k

-53k

-32k

-26k

Dividend Paid

0

0

0

0

Retained Earnings

112.15M

89.06M

74.18M

58.65M

Other Distributions

23.05M

14.82M

15.5M

-21.86M

PPE Schedule

Year

2023

2022

2021

2020

Gross PPE

44.31M

42.66M

40.29M

41.55M

Annual Depreciation

6.44M

8.59M

9.76M

-9.31M

Capital Expenditure

-8M

-9.01M

-5.71M

-10.6M

Net PPE

45.87M

43.07M

36.23M

61.46M

Intangible and Goodwill Schedule

Year

2023

2022

2021

2020

Acquisitions and Adjustments

0

0

0

-3.65M

Goodwill (Previous Year)

1.01M

1.01M

1.01M

4.67M

Goodwill

1.01M

1.01M

1.01M

1.01M

All figures are in USD.

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