BRIDGFORD FOODS CORP BRID
Foods Corporation (collectively with its subsidiaries, "Bridgford", the "Company", "we", or "our"),
and evolved into a meat wholesaler for hotels and restaurants, a distributor of frozen food products, a processor and packer of meat,
and a manufacturer and distributor of frozen food products for sale on a retail and wholesale basis. Currently, we are primarily engaged
in the manufacturing, marketing, and distribution of an extensive line of frozen and snack food products throughout the United States.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $231.0M | $223.6M | $251.6M | $265.9M | $240.4M | $198.0M | $188.8M | $174.3M | $167.2M | $140.1M |
| Cost of revenue | $186.4M | $167.3M | $181.3M | $193.8M | $189.0M | $138.5M | $127.1M | $117.8M | $105.6M | $84.8M |
| Gross profit | $44.6M | $56.3M | $70.4M | $72.1M | $51.4M | $59.5M | $61.7M | $56.5M | $61.6M | $55.2M |
| SG&A | $63.5M | $62.4M | $65.6M | $65.2M | $60.1M | $55.2M | $52.8M | $49.9M | $48.8M | $44.4M |
| Operating income | -$18.8M | -$6.3M | $4.6M | $64.6M | -$8.2M | $4.4M | — | — | — | — |
| Interest expense | $314.0K | $429.0K | $579.0K | $1.1M | $1.2M | $186.0K | — | — | — | — |
| Pre-tax income | -$18.1M | -$4.7M | $4.5M | $61.4M | -$7.3M | $5.1M | $8.5M | $12.8M | $12.8M | $10.8M |
| Income tax | $4.7M | $1.3M | $1.0M | $16.3M | $1.8M | $2.2M | $2.1M | $6.3M | $4.0M | $3.1M |
| Net income | -$13.4M | -$3.4M | $3.5M | $45.1M | -$5.5M | $7.3M | $6.5M | $6.5M | $8.8M | $7.8M |
| EPS, basic | -1.47 | -0.37 | 0.38 | 4.96 | -0.61 | 0.81 | 0.71 | 0.72 | 0.97 | 0.86 |
| Shares, diluted (wtd. avg.) | $9.1M | $9.1M | $9.1M | $9.1M | $9.1M | $9.1M | $9.1M | $9.1M | $9.1M | $9.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $876.0K | $10.2M | $15.7M | $16.3M | — | $4.3M | $3.5M | $8.2M | $12.1M | $7.0M |
| Receivables | $24.1M | $30.4M | $28.6M | $34.5M | $24.4M | $23.8M | $21.9M | $20.3M | $19.1M | $16.6M |
| Inventory | $37.1M | $33.3M | $40.6M | $40.5M | $36.8M | $29.3M | $26.4M | $23.4M | $23.0M | $24.1M |
| Total current assets | $63.6M | $78.0M | $87.5M | $92.9M | $70.3M | $68.8M | $52.8M | $53.2M | $55.8M | $48.6M |
| Property, plant and equipment | $61.8M | $64.6M | $67.5M | $71.8M | $72.9M | $73.3M | $54.3M | $32.6M | $18.6M | $10.4M |
| Total assets | $147.2M | $157.4M | $167.0M | $176.3M | $156.8M | $155.3M | $123.5M | $101.5M | $97.5M | $87.3M |
| Accounts payable | $8.8M | $5.7M | $7.2M | $13.7M | $12.4M | $10.5M | $8.0M | $7.7M | $5.4M | $4.1M |
| Short-term debt | $3.1M | $1.1M | — | — | — | — | — | — | — | — |
| Total current liabilities | $21.3M | $16.5M | $18.0M | $26.9M | $25.6M | $26.2M | $19.9M | $18.4M | $16.2M | $12.2M |
| Long-term debt | $673.0K | $1.7M | — | — | — | — | — | — | — | — |
| Total liabilities | $31.7M | $29.2M | $37.5M | $50.0M | $81.8M | $84.0M | $57.0M | $35.8M | $41.5M | $48.3M |
| Retained earnings | $106.1M | $119.4M | $122.8M | $119.3M | $74.3M | $79.8M | $72.4M | $65.9M | $56.9M | $48.1M |
| Total equity | $115.5M | $128.1M | $129.5M | $126.3M | $75.0M | $71.2M | $66.5M | $65.7M | $56.0M | $38.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$5.7M | -$497.0K | $4.0M | -$7.8M | -$6.0M | $9.9M | $7.2M | $8.3M | $16.8M | $4.5M |
| Depreciation and amortisation | — | — | $6.6M | $6.7M | $6.7M | $5.5M | $4.2M | $3.9M | $3.4M | $3.0M |
| Stock-based compensation | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — |
| Capital expenditure | $3.6M | $3.9M | $2.6M | $3.8M | $6.2M | $24.5M | $25.7M | $18.1M | $11.6M | $3.3M |
| Investing cash flow | -$3.4M | -$3.8M | -$2.4M | $56.3M | -$6.5M | -$23.3M | -$25.7M | -$12.1M | -$11.5M | -$3.2M |
| Financing cash flow | -$270.0K | -$1.1M | -$2.2M | -$32.6M | $7.4M | $15.3M | $13.7M | -$83.0K | -$129.0K | -$143.0K |
| Buybacks | — | — | — | — | — | — | — | — | — | $40.0K |
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 0001493152-26-004079.
Others in SIC 2013
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|---|---|---|---|---|
| MAMA | Mama's Creations, Inc. | $714.8M | 116.6x | 39.2% |
| WYHG | Wing Yip Food Holdings Group Ltd | — | — | -6.5% |