CVD EQUIPMENT CORP CVV
of Business.
use of the words "CVD," "we," "us," or "our," refers to CVD Equipment Corporation, a
New York corporation incorporated on October 13, 1982, and its wholly owned subsidiaries, CVD Materials Corporation (including its wholly
owned subsidiaries, and CVD MesoScribe Technologies Corporation ("MesoScribe") and Tantaline CVD Holding ApS ("Tantaline")),
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Americas
- Emea
- Asia Pacific
- Other
| Region | FY2025 | FY2024 |
|---|---|---|
| Americas | $24.4M | $25.7M |
| Emea | $819.0K | $521.0K |
| Asia Pacific | $567.0K | $570.0K |
| Other | $7.0K | $65.0K |
As the company reported it, from the “Schedule of Revenue by Geographic Area (Details)” 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 | $25.8M | $26.9M | $24.1M | $25.8M | $16.4M | $16.9M | $19.6M | $24.3M | $41.1M | $21.0M |
| Cost of revenue | $18.5M | $20.8M | $19.0M | $19.2M | $13.4M | $14.0M | $16.9M | $19.2M | $23.5M | $13.9M |
| Gross profit | $7.3M | $6.1M | $5.1M | $6.6M | $3.1M | $2.9M | $2.8M | $5.2M | $17.6M | $7.1M |
| R&D | $2.8M | $2.6M | $2.6M | $1.9M | $1.8M | $372.6K | $597.5K | $606.6K | $437.2K | $433.8K |
| SG&A | $4.8M | $4.9M | $5.5M | $5.3M | $5.1M | $6.2M | $6.3M | $8.2M | $8.5M | $6.9M |
| Total operating expenses | $9.2M | $8.5M | $10.0M | $8.4M | $7.7M | $10.7M | $7.8M | $10.4M | $10.4M | $7.8M |
| Operating income | -$1.9M | -$2.4M | -$4.9M | -$1.8M | -$4.7M | -$7.8M | -$5.0M | -$5.3M | $7.2M | -$724.6K |
| Interest expense | $13.0K | $19.0K | $23.0K | $8.0K | $261.0K | $444.3K | $482.8K | $463.0K | $106.3K | $79.9K |
| Pre-tax income | -$1.6M | -$1.9M | -$4.2M | -$220.0K | $4.8M | -$7.6M | -$4.9M | -$5.6M | $7.2M | -$653.2K |
| Income tax | $3.0K | $24.0K | $14.0K | $4.0K | $28.0K | $1.5M | $1.4M | $356.6K | $1.9M | $504.1K |
| Net income | -$1.6M | -$1.9M | -$4.2M | -$224.0K | $4.7M | -$6.1M | -$6.3M | -$5.2M | $5.3M | -$149.1K |
| EPS, basic | -0.23 | -0.28 | -0.62 | -0.03 | 0.71 | -0.91 | -0.96 | -0.80 | 0.83 | -0.02 |
| EPS, diluted | -0.23 | -0.28 | -0.62 | -0.03 | 0.71 | -0.91 | -0.96 | -0.80 | 0.82 | -0.02 |
| Shares, diluted (wtd. avg.) | 6.9M | 6.8M | 6.8M | 6,734 | 6.7M | 6.6M | 6.6M | 6.5M | 6.4M | 6.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $8.7M | $12.6M | $14.0M | $14.4M | $16.7M | $7.7M | $8.7M | $11.4M | $14.2M | $21.7M |
| Receivables | $2.3M | $2.1M | $1.9M | $3.8M | $1.4M | $1.0M | $2.5M | $4.1M | $2.1M | $607.5K |
| Inventory | $1.6M | $2.1M | $4.5M | $2.5M | $1.2M | $1.1M | $1.7M | $1.9M | $3.0M | $3.3M |
| Total current assets | $16.9M | $20.0M | $22.8M | $23.7M | $23.1M | $11.8M | $14.2M | $19.4M | $27.8M | $28.4M |
| Property, plant and equipment | $10.6M | $11.7M | $12.2M | $12.6M | $12.3M | $28.8M | $32.1M | $30.4M | $28.8M | $14.3M |
| Other intangibles | — | — | $9.0K | $119.0K | $183.0K | $288.7K | $441.2K | $495.6K | $662.2K | $253.6K |
| Total assets | $27.5M | $31.7M | $35.0M | $37.9M | $35.5M | $40.9M | $46.7M | $51.8M | $59.0M | $45.6M |
| Accounts payable | $642.0K | $679.0K | $1.2M | $1.5M | $1.2M | $817.9K | $535.4K | $713.2K | $1.2M | $743.1K |
| Short-term debt | $181.0K | $87.0K | $81.0K | $77.0K | $1.8M | — | — | $857.6K | $747.3K | $300.0K |
| Total current liabilities | $2.8M | $6.1M | $8.6M | $8.2M | $6.3M | $3.7M | $5.4M | $4.1M | $5.4M | $8.3M |
| Long-term debt | — | $181.0K | $268.0K | $349.0K | $0 | $13.1M | $11.4M | $12.1M | $12.7M | $3.0M |
| Total liabilities | $2.8M | $6.3M | $8.8M | $8.5M | $6.3M | $16.8M | $16.8M | $16.1M | $18.3M | $11.3M |
| Retained earnings | -$6.0M | -$4.5M | -$2.6M | $1.6M | $1.8M | -$2.9M | $3.2M | $9.5M | $15.4M | $10.1M |
| Total equity | $24.7M | $25.4M | $26.2M | $29.4M | $29.2M | $24.1M | $30.0M | $35.7M | $40.0M | $34.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.7M | -$1.5M | -$206.0K | $194.0K | -$4.3M | -$1.1M | $570.7K | $509.8K | -$2.4M | $8.9M |
| Depreciation and amortisation | $700.0K | $700.0K | $800.0K | $800.0K | $600.0K | — | — | — | — | — |
| Stock-based compensation | $942.0K | $1.1M | $908.0K | $435.0K | $315.0K | $242.7K | $572.2K | $939.7K | $932.7K | $775.8K |
| Capital expenditure | $48.0K | $106.0K | $418.0K | $665.0K | $236.0K | $1.6M | $2.7M | $2.5M | $889.3K | $112.5K |
| Investing cash flow | -$99.0K | $144.0K | -$133.0K | -$708.0K | $22.8M | -$1.6M | -$2.7M | -$2.5M | -$15.3M | -$410.9K |
| Financing cash flow | -$87.0K | -$82.0K | -$1.0K | -$1.8M | -$9.6M | $1.7M | -$657.6K | -$743.7K | $10.2M | $162.0K |
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 0001493152-26-013567.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.0M | $41.1M | $24.3M | $19.6M | $16.9M | $16.4M | $25.8M | $24.1M | $26.9M | $25.8M |
| Gross profit | $7.1M | $17.6M | $5.2M | $2.8M | $2.9M | $3.1M | $6.6M | $5.1M | $6.1M | $7.3M |
| Net income | -$149.1K | $5.3M | -$5.2M | -$6.3M | -$6.1M | $4.7M | -$224.0K | -$4.2M | -$1.9M | -$1.6M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- 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
- Results announced Item 2.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Annual report filed Form 10-K
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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