AstroNova, Inc. ALOT
Unless otherwise indicated, references to "AstroNova," the "Company," "we," "our," and "us" in this Annual Report on Form 10-K refer to AstroNova, Inc. and its consolidated subsidiaries.
We design, develop, manufacture, and distribute a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for our hardware and software products include aerospace, apparel, automotive, aviation, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging, and transportation.
Our products are distributed worldwide through our own sales force, authorized dealers, and independent dealers and representatives.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe
- Asia
- Canada
- Central and South America
- Other
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $90.7M | $89.5M | $84.8M |
| Europe | $39.7M | $39.1M | $41.8M |
| Asia | $7.1M | $8.0M | $7.2M |
| Canada | $7.0M | $8.2M | $8.7M |
| Central and South America | $4.7M | $5.0M | $4.2M |
| Other | $1.3M | $1.5M | $1.4M |
As the company reported it, from the “Segment Reporting and Geographical Information - Summary of Selected Financial Information by Geographic Area (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $150.5M | $151.3M | $148.1M | $142.5M | $117.5M | $116.0M | $133.4M | $136.7M | $113.4M | $98.4M |
| Cost of revenue | $102.9M | $100.6M | $98.6M | $94.4M | $73.7M | $74.7M | $84.7M | $82.7M | $69.4M | $59.0M |
| Gross profit | $47.6M | $50.7M | $49.5M | $48.2M | $43.7M | $41.4M | $48.8M | $54.0M | $44.0M | $39.5M |
| R&D | $6.8M | $6.0M | $6.3M | $6.8M | $6.8M | $6.2M | $8.1M | $7.8M | $7.5M | $6.3M |
| SG&A | $16.4M | $15.6M | $11.0M | $11.4M | $9.6M | $9.4M | $11.4M | $11.1M | $8.9M | $7.9M |
| Total operating expenses | $46.4M | $59.3M | $40.7M | $42.7M | $39.5M | $38.9M | $46.3M | $45.3M | $38.6M | $33.2M |
| Operating income | $1.2M | -$8.6M | $8.8M | $5.4M | $4.3M | $2.4M | $2.4M | $8.7M | $5.4M | $6.3M |
| Interest expense | $3.5M | $3.2M | $2.7M | $1.7M | $677.0K | $955.0K | $682.0K | $600.0K | $402.0K | — |
| Pre-tax income | -$2.5M | -$12.3M | $6.1M | $3.4M | $7.0M | $2.2M | $1.4M | $7.3M | $5.2M | $6.6M |
| Income tax | $160.0K | $2.2M | $1.4M | $749.0K | $605.0K | $895.0K | $389.0K | $1.6M | $1.9M | $2.4M |
| Net income | -$2.4M | -$14.5M | $4.7M | $2.7M | $6.4M | $1.3M | $1.8M | $5.7M | $3.3M | $4.2M |
| EPS, basic | -0.31 | -1.93 | 0.63 | 0.36 | 0.89 | 0.18 | 0.25 | 0.83 | 0.48 | 0.57 |
| EPS, diluted | -0.31 | -1.93 | 0.63 | 0.36 | 0.88 | 0.18 | 0.24 | 0.81 | 0.47 | 0.56 |
| Shares, diluted (wtd. avg.) | 7.6M | 7.5M | 7.5M | 7.4M | 7.3M | 7.2M | 7.2M | 7.1M | 7.0M | 7.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.1M | $5.0M | $4.5M | $3.9M | $5.3M | $11.4M | $4.2M | $7.5M | $10.2M | $18.1M |
| Short-term investments | — | — | — | — | — | — | — | — | $1.5M | $6.7M |
| Receivables | $19.0M | $21.2M | $23.1M | $21.6M | $17.1M | $17.4M | $19.8M | $23.5M | $22.4M | $15.7M |
| Inventory | $43.3M | $47.9M | $46.4M | $51.3M | $34.6M | $30.1M | $33.9M | $30.2M | $27.6M | $19.5M |
| Total current assets | $70.7M | $78.0M | $76.7M | $79.8M | $63.8M | $60.7M | $60.2M | $62.6M | $62.9M | $61.4M |
| Property, plant and equipment | $14.1M | $15.8M | $14.2M | $14.3M | $11.4M | $12.0M | $11.3M | $10.4M | $9.8M | $9.3M |
| Goodwill | $17.4M | $16.4M | $14.6M | $14.7M | $12.2M | $12.8M | $12.0M | $12.3M | $13.0M | $4.5M |
| Other intangibles | $21.5M | $23.5M | $18.8M | $21.2M | $19.2M | $21.5M | $25.4M | $29.7M | $33.6M | $5.3M |
| Total assets | $137.6M | $145.6M | $133.3M | $139.2M | $115.0M | $115.5M | $116.7M | $119.0M | $122.3M | $83.7M |
| Accounts payable | $6.8M | $7.9M | $8.1M | $8.5M | $8.6M | $5.7M | $4.4M | $6.0M | $11.8M | $5.0M |
| Short-term debt | $3.0M | $6.1M | $2.8M | $2.1M | $1.0M | $5.3M | $5.2M | $5.2M | $5.5M | — |
| Total current liabilities | $38.4M | $46.3M | $29.8M | $37.5M | $20.0M | $21.0M | $26.8M | $24.7M | $25.9M | $12.0M |
| Long-term debt | $18.3M | $19.0M | $10.1M | $12.0M | $8.2M | $7.1M | $7.7M | $12.9M | $17.6M | — |
| Total liabilities | $60.7M | $69.8M | $43.0M | $54.8M | $33.9M | $40.8M | $45.3M | $49.2M | $58.7M | $13.1M |
| Retained earnings | $47.0M | $49.4M | $63.9M | $59.2M | $56.5M | $50.1M | $49.3M | $49.5M | $45.7M | $44.4M |
| Total equity | $76.9M | $75.8M | $90.3M | $84.4M | $81.0M | $74.7M | $71.4M | $69.8M | $63.6M | $70.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $11.7M | $4.8M | $12.4M | -$2.9M | $1.4M | $15.5M | $3.2M | $5.0M | $3.7M | $7.0M |
| Depreciation and amortisation | $4.8M | $4.8M | $4.3M | $3.9M | $4.0M | $6.0M | $6.3M | $2.0M | $4.0M | $2.4M |
| Stock-based compensation | $2.3M | $1.4M | $1.3M | $1.3M | $1.5M | $1.8M | $1.8M | $1.9M | $1.6M | $1.0M |
| Capital expenditure | $332.0K | $1.2M | $875.0K | $229.0K | $1.8M | $2.6M | $2.9M | $2.6M | $2.2M | $1.2M |
| Investing cash flow | -$219.0K | -$20.3M | -$875.0K | -$17.3M | -$1.8M | -$2.6M | -$2.9M | -$1.5M | -$20.8M | $3.1M |
| Financing cash flow | -$12.9M | $15.4M | -$11.0M | $18.8M | -$5.6M | -$5.1M | -$3.7M | -$6.1M | $9.1M | -$2.0M |
| Dividends paid | — | — | — | — | — | $497.0K | $2.0M | $1.9M | $1.9M | $2.1M |
| Buybacks | — | — | — | — | — | — | — | — | $11.2M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-251606.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $98.4M | $113.4M | $136.7M | $133.4M | $116.0M | $117.5M | $142.5M | $148.1M | $151.3M | $150.5M |
| Gross profit | $39.5M | $44.0M | $54.0M | $48.8M | $41.4M | $43.7M | $48.2M | $49.5M | $50.7M | $47.6M |
| Net income | $4.2M | $3.3M | $5.7M | $1.8M | $1.3M | $6.4M | $2.7M | $4.7M | -$14.5M | -$2.4M |
Recent filings and events
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Change of control Control of the company has changed hands. Item 5.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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