Company profile

Ticker
ESCC
Exchange
CEO
Jonathan Shaw
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
870278175

ESCC stock data

(
)

Calendar

7 Aug 19
25 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Jun 18 Mar 18
Revenue 8.01M 7.17M 8.87M 7.58M
Net income
Diluted EPS 0.02 -0.06 0.04 -0.01
Operating income 299K -572K 629K 15K
Net change in cash 369K 685K 423K -1.07M
Cash on hand 6.61M 6.24M 5.56M 5.14M
Cost of revenue 4.62M 4.96M 5.72M 4.97M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 37.19M 30.51M 32.94M 35.3M
Net income 3.75M 1.48M 1.74M -1.28M
Diluted EPS 0.31 0.12 0.15 -0.11
Net profit margin 10.07% 4.85% 5.29% -3.61%
Operating income 4.1M 1.77M 2.35M -695K
Net change in cash 3.09M -2.15M 3.69M -3.3M
Cash on hand 8.37M 5.28M 7.43M 3.73M
Cost of revenue 23.47M 19.56M 20.87M 22.96M

Financial data from company earnings reports

Financial report summary

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Management Discussion
  • Sales increased 22% from 2017 to 2018. Sales of all Company products were higher in 2018 with the most significant contribution to the increased sales coming from planetarium products.
  • The volume of new orders in 2018 was less than the sales recorded resulting in a decrease in our sales backlog from $27,360 as of December 31, 2017 to $17,366 as of December 31, 2018. Approximately $1,200 of the decrease in the backlog was due to the adoption of Topic 606, Revenue from Contracts with Customers. Otherwise the decrease was attributable to high 2018 planetarium sales and lower bookings of dome products in 2018.  We anticipate that approximately 90% of the 2018 backlog will be converted to sales in 2019.  
  • Our gross profit percentage was slightly higher in 2018 when compared to 2017. There were variations in gross margins among customer projects within the usual range which, when combined, resulted in comparable margins for all of the Company’s products in 2017 and 2018.
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New words: bad, China, contingency, debt, disappointed, half, inception, isolated, negotiating, occurrence, revised, successful, temporary, twelve
Removed: applying, purpose, standard