CHICAGO RIVET & MACHINE CO CVR
Chicago Rivet & Machine Co. (the "Company") was incorporated under the laws of the State of Illinois in December 1927 as the successor to the business of Chicago Rivet & Specialty Co. The Company operates in the United States ("U.S.") through two reportable segments, defined by the nature of their products. The Fastener segment includes the Company's wholly owned subsidiary, H&L Tool Company Inc., along with the Company's other fastener operations. This segment manufactures and sells rivets, cold‑formed fasteners and components, as well as screw‑machine products. The Assembly Equipment segment is primarily engaged in the manufacture of automatic rivet‑setting machines and related parts, components, and tools used in such machines.
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 | $27.9M | $27.0M | $31.5M | $33.6M | $34.0M | $27.6M | $32.9M | $37.2M | $35.8M | $37.0M |
| Cost of revenue | $23.8M | $25.9M | $32.1M | $29.8M | $27.5M | $22.7M | $27.1M | $29.3M | $27.9M | $28.0M |
| Gross profit | $4.1M | $1.1M | -$599.6K | $3.8M | $6.5M | $4.9M | $5.7M | $7.9M | $7.9M | $9.0M |
| SG&A | $5.7M | $6.2M | $5.2M | $5.0M | $5.1M | $5.0M | $5.3M | $5.5M | $5.5M | $5.6M |
| Total operating expenses | $5.3M | $6.2M | $5.2M | $254.1K | $5.1M | — | — | — | — | — |
| Operating income | -$1.2M | -$5.2M | -$5.8M | $3.6M | $1.4M | -$83.0K | $491.6K | $2.4M | $2.4M | $3.5M |
| Pre-tax income | -$1.2M | -$5.0M | -$3.1M | $3.7M | $1.4M | $65.5K | $683.3K | $2.6M | $2.5M | $3.5M |
| Income tax | $95.1K | $572.2K | $1.3M | $785.0K | $301.0K | $15.0K | $145.0K | $555.0K | $387.0K | $1.2M |
| Net income | -$1.1M | -$5.6M | -$4.4M | $2.9M | $1.1M | $50.5K | $538.3K | $2.0M | $2.1M | $2.4M |
| Shares, diluted (wtd. avg.) | $966.1K | $966.1K | $966.1K | $966.1K | $966.1K | $966.1K | $966.1K | $966.1K | $966.1K | $966.1K |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.7M | $1.9M | $1.4M | $4.0M | $2.0M | $2.6M | $1.4M | $706.9K | $1.2M | $353.5K |
| Short-term investments | $0 | $247.3K | $1.8M | $2.7M | — | — | — | — | — | — |
| Receivables | $3.6M | $3.1M | $4.3M | $5.0M | $5.6M | $5.2M | $4.6M | $5.5M | $5.3M | $5.3M |
| Inventory | $6.2M | $6.5M | $7.3M | $9.1M | $8.5M | $5.2M | $5.0M | $6.1M | $4.5M | $4.5M |
| Total current assets | $12.2M | $12.6M | $15.8M | $21.8M | $19.3M | $18.1M | $18.0M | $20.0M | $19.3M | $18.8M |
| Property, plant and equipment | $9.6M | $10.7M | $11.7M | $11.9M | $12.5M | $13.2M | $13.7M | $13.3M | $12.6M | $12.5M |
| Total assets | $23.3M | $23.4M | $27.8M | $33.6M | $31.8M | $31.2M | $31.7M | $33.2M | $31.8M | $31.2M |
| Accounts payable | $742.3K | $1.2M | $789.0K | $697.2K | $692.6K | $466.4K | $490.6K | $1.1M | $737.0K | $703.5K |
| Total current liabilities | $2.3M | $2.2M | $1.9M | $1.7M | $1.9M | $1.5M | $1.6M | $2.6M | $2.2M | $2.3M |
| Long-term debt | — | $0 | — | — | — | — | — | — | — | — |
| Total liabilities | $4.5M | $3.3M | $1.9M | $2.6M | $2.8M | $2.5M | $2.6M | $3.5M | $3.0M | $3.3M |
| Retained earnings | $21.2M | $22.4M | $28.3M | $33.3M | $31.3M | $31.0M | $31.5M | $32.1M | $31.2M | $30.2M |
| Total equity | $18.8M | $20.0M | $26.0M | $31.0M | $29.0M | $28.7M | $29.2M | $29.8M | $28.9M | $27.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.2M | -$153.5K | -$1.9M | -$1.3M | -$1.0M | $623.8K | $3.2M | $1.9M | $3.0M | $4.0M |
| Depreciation and amortisation | $1.2M | $1.2M | $1.3M | $1.3M | $1.3M | $1.3M | $1.4M | $1.3M | $1.2M | $1.2M |
| Capital expenditure | $331.7K | $651.4K | $1.1M | $969.9K | $670.9K | $824.1K | $1.8M | $2.0M | $1.3M | $2.0M |
| Investing cash flow | $639.5K | $1.0M | -$108.1K | $4.1M | $1.3M | $1.0M | -$1.3M | -$1.2M | -$1.1M | -$3.5M |
| Financing cash flow | $384.1K | -$318.8K | -$618.3K | -$850.2K | -$850.2K | -$502.4K | -$1.1M | -$1.1M | -$1.1M | -$956.5K |
| Dividends paid | $115.9K | $318.8K | $618.3K | $850.2K | $850.2K | $502.4K | $1.1M | $1.1M | $1.1M | $956.5K |
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 0000019871-26-000004.
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