Art's-Way FY2023: revenue $30.3M (+18%), continuing ops income $763k (+104%)

ARTS WAY MANUFACTURING CO INC

Net sales $30.28M, up 18% YoY; operating income $1.53M vs $0.61M.
EPS from continuing ops $0.15 basic/diluted, up from $0.08.
Agricultural Products sales $22.5M (+7.4%); Modular Buildings $7.8M (+65.1%).
Discontinued Tools segment loss $496k; liquidation continues, real estate expected $2M net proceeds.
Ag Products backlog $4.4M (down 53% YoY); Modular backlog $6.2M (up 24%) plus new $5.3M research project.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ARTS WAY MANUFACTURING CO INC reported the twelve months ended November 30, 2023 results: revenue $30,281,000, net income $763,000, EPS $0.15 per share.

Period: the twelve months ended November 30, 2023
Revenue: $30,281,000
Net income: $763,000
EPS: $0.15 per share
Result: reported results

Exact text from the filing

For the Twelve Months Ended (Consolidated Continuing Operations) November 30, 2023 November 30, 2022 Net Sales $ 30,281,000 $ 25,646,000 Operating Income $ 1,531,000 $ 605,000 Income from Continuing Operations $ 763,000 $ 374,000 EPS – Continuing Ops – Basic $ 0.15 $ 0.08 EPS – Continuing Ops – Diluted $ 0.15 $ 0.08

View on SEC.gov

Browse all earnings releases →

ARTS WAY MANUFACTURING CO INC filing history →

Source: SEC EDGAR

accession 0001437749-24-005224

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.