secwatch.observer — SEC 8-K summary
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Issuer:     Omega Flex, Inc. (OFLX)
CIK:        0001317945
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0001493152-22-004779
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Omega Flex reports record FY2021: Net sales $130M (+22.9%), net income $26.2M (+31.6%), EPS $2.60
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- Full-year net sales $130.0M vs $105.8M in FY2020; net income $26.2M vs $19.9M.
- Diluted EPS $2.60, up from $1.97 in FY2020; shares outstanding unchanged at 10.09M.
- Q4 net sales $35.5M (+12.1% YoY); Q4 net income $7.6M vs $7.2M; Q4 EPS $0.75 vs $0.71.
- CEO cites record sales and income amid raw material shortages and workforce challenges.
- Results driven by economic recovery and ability to maintain production and delivery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1317945/000149315222004779/0001493152-22-004779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1317945/000149315222004779/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-004779

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer