AMCON DISTRIBUTING CO DIT
AMCON Distributing Company was incorporated in Delaware in 1986 and our common stock is listed on NYSE American under the symbol "DIT." The Company serves customers in 34 states through two business segments:
● Our wholesale distribution segment (the "Wholesale Segment"), which includes our Team Sledd, LLC ("Team Sledd") and Henry's Foods, Inc. ("Henry's") subsidiaries, distributes consumer products and provides a full range of programs and services to our customers that are focused on helping them manage their business and increase their profitability. We serve customers primarily in the Central, Rocky Mountain, Great Lakes, Mid-South and Mid-Atlantic regions of the United States.
● Our retail health food segment (the "Retail Segment") operates 15 health food retail stores located throughout the Midwest and Florida.
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 | $2.82B | $2.71B | $2.54B | $2.01B | $1.67B | $1.52B | $1.39B | $1.32B | $1.27B | $1.29B |
| Cost of revenue | $2.63B | $2.53B | $2.37B | $1.88B | $1.57B | $1.43B | $1.31B | $1.25B | $1.20B | $1.22B |
| Gross profit | $188.2M | $182.4M | $170.8M | $127.7M | $100.5M | $87.7M | $84.0M | $76.9M | $72.4M | $74.8M |
| SG&A | $165.8M | $154.9M | $137.3M | $101.5M | $79.6M | $75.1M | $72.2M | $66.8M | $64.2M | $61.7M |
| Total operating expenses | $175.7M | $164.4M | $144.9M | $105.1M | $82.7M | $78.7M | $77.7M | $71.0M | $66.2M | $63.9M |
| Operating income | $12.6M | $18.0M | $26.0M | $22.6M | $17.8M | $9.1M | $6.3M | $5.9M | $6.2M | $10.9M |
| Interest expense | $10.4M | $10.4M | $8.6M | $2.2M | $1.3M | $1.7M | $1.6M | $1.2M | $825.7K | $723.2K |
| Pre-tax income | $1.6M | $7.5M | $17.3M | $21.5M | $16.7M | $7.5M | $4.8M | $4.8M | $5.4M | $10.3M |
| Income tax | $995.0K | $3.1M | $5.7M | $6.5M | $4.5M | $2.1M | $1.6M | $1.2M | $2.5M | $4.3M |
| Net income | $568.7K | $4.3M | $11.6M | $16.7M | $15.5M | $5.5M | $3.2M | $3.6M | $2.9M | $6.0M |
| EPS, basic | 0.93 | 7.24 | 19.85 | 29.37 | 28.24 | 9.88 | 5.36 | 5.47 | 4.34 | 9.37 |
| EPS, diluted | 0.92 | 7.15 | 19.46 | 28.59 | 27.36 | 9.76 | 5.25 | 5.38 | 4.26 | 8.38 |
| Shares, diluted (wtd. avg.) | $616.5K | $606.8K | $595.9K | $583.1K | $568.1K | $568.0K | $609.8K | $672.4K | $692.2K | $713.9K |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $744.6K | $672.8K | $790.9K | $431.6K | $519.6K | $661.2K | $337.7K | $520.6K | $523.1K | $605.4K |
| Receivables | $73.2M | $70.7M | $70.9M | $62.4M | $35.8M | $34.3M | $24.7M | $31.4M | $30.7M | $30.0M |
| Inventory | $153.3M | $144.3M | $158.6M | $134.7M | $95.2M | $99.0M | $102.3M | $78.9M | $72.9M | $48.4M |
| Total current assets | $239.5M | $229.1M | $245.7M | $211.0M | $136.6M | $136.0M | $134.8M | $116.0M | $108.3M | $87.8M |
| Property, plant and equipment | $107.8M | $106.0M | $80.6M | $48.1M | $16.0M | $17.5M | $17.7M | $15.8M | $13.3M | $12.6M |
| Goodwill | $5.8M | $5.8M | $5.8M | $5.3M | $4.4M | $4.4M | $4.4M | $4.4M | $6.3M | $6.3M |
| Other intangibles | $4.2M | $4.7M | $5.3M | $2.1M | $500.0K | $500.0K | $500.0K | $3.4M | $3.5M | $3.8M |
| Total assets | $391.1M | $374.1M | $363.4M | $289.1M | $188.4M | $188.0M | $157.7M | $140.0M | $131.8M | $110.8M |
| Accounts payable | $69.5M | $54.5M | $43.1M | $40.0M | $24.2M | $22.1M | $18.6M | $20.8M | $17.6M | $18.2M |
| Short-term debt | $5.5M | $5.2M | $2.0M | $1.6M | $561.2K | $516.9K | $532.7K | $1.1M | $373.6K | $362.5K |
| Total current liabilities | $112.1M | $93.2M | $76.6M | $72.0M | $47.1M | $41.9M | $31.6M | $34.4M | $29.6M | $28.9M |
| Long-term debt | $11.0M | $16.6M | $11.7M | $7.4M | $5.1M | $2.6M | $3.1M | $3.7M | $2.6M | $3.0M |
| Retained earnings | $108.5M | $108.6M | $104.8M | $96.8M | $83.6M | $71.4M | $66.4M | $63.8M | $60.9M | $58.7M |
| Total equity | $113.1M | $111.7M | $104.2M | $92.8M | $77.6M | $64.8M | $60.8M | $64.6M | $68.2M | $65.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $18.7M | $67.9M | $19.7M | $22.9M | $20.9M | $15.2M | -$11.5M | $5.9M | -$13.8M | $18.4M |
| Depreciation and amortisation | $9.8M | $9.5M | $7.6M | $3.6M | $3.1M | $3.1M | $2.6M | $2.3M | $2.0M | $2.2M |
| Stock-based compensation | $2.6M | $2.5M | $2.7M | $3.1M | $2.4M | $1.1M | $1.3M | $1.3M | $1.4M | $1.4M |
| Capital expenditure | $9.0M | $20.4M | $11.6M | $14.7M | $1.5M | $3.4M | $4.4M | $3.2M | $2.6M | $1.6M |
| Investing cash flow | -$15.0M | -$42.1M | -$66.3M | -$14.4M | -$1.5M | -$13.3M | -$4.4M | -$3.2M | -$2.5M | -$1.5M |
| Financing cash flow | -$3.6M | -$25.9M | $46.9M | -$8.6M | -$19.6M | -$1.6M | $15.7M | -$2.7M | $16.2M | -$16.5M |
| Dividends paid | $645.5K | $630.4K | $3.5M | $3.4M | $3.4M | $594.7K | $636.6K | $702.5K | $706.9K | $654.7K |
| Buybacks | $1.1M | — | $404.9K | — | $5.7K | $2.0M | $7.5M | $7.7M | $1.1M | $4.8M |
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 0001104659-25-108504.
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| WILC | G WILLI FOOD INTERNATIONAL LTD | — | — | 21.2% |