Founded in 1906, Kewaunee Scientific Corporation is a recognized global leader in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. The Company's products include steel, wood, and laminate casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin worksurfaces and sinks.
The Company's corporate headquarters are located in Statesville, North Carolina. Direct sales offices are located in the United States, India and Singapore. Three manufacturing facilities are located in Statesville serving the domestic and international markets, and one manufacturing facility is located in Bangalore, India serving the local and Asian markets.

Company profile
Ticker
KEQU
Exchange
Website
CEO
Thomas Hull
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
380715562
KEQU stock data
Calendar
1 Jul 22
9 Aug 22
30 Apr 23
Financial summary
Quarter (USD) | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
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Diluted EPS |
Annual (USD) | Apr 22 | Apr 21 | Apr 20 | Apr 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.89M | 6.89M | 6.89M | 6.89M | 6.89M | 6.89M |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 210.25K | 2.27M | 657.08K |
Cash used (since last report) | n/a | n/a | n/a | 702.79K | 7.57M | 2.2M |
Cash remaining | n/a | n/a | n/a | 6.19M | -680.44K | 4.7M |
Runway (months of cash) | n/a | n/a | n/a | 29.4 | -0.3 | 7.1 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jul 22 | John Russell | Common Stock | Buy | Acquire P | No | No | 17.39 | 1,000 | 17.39K | 21,000 |
13 Jul 22 | John Russell | Common Stock | Buy | Acquire P | No | No | 17.33 | 1,000 | 17.33K | 20,000 |
30 Jun 22 | Gardner Donald T. III | Common Stock | Payment of exercise | Dispose F | No | No | 15.77 | 693 | 10.93K | 14,047 |
30 Jun 22 | Gardner Donald T. III | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,427 | 0 | 14,740 |
30 Jun 22 | Gardner Donald T. III | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,427 | 0 | 4,854 |
30 Jun 22 | Hull Thomas David Iii | Common Stock | Payment of exercise | Dispose F | No | No | 15.77 | 1,455 | 22.95K | 24,059 |
30 Jun 22 | Hull Thomas David Iii | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,096 | 0 | 25,514 |
30 Jun 22 | Hull Thomas David Iii | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,096 | 0 | 10,193 |
30 Jun 22 | Phillips Elizabeth D | Common Stock | Payment of exercise | Dispose F | No | No | 15.77 | 430 | 6.78K | 8,923 |
30 Jun 22 | Phillips Elizabeth D | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,504 | 0 | 9,353 |
Institutional ownership, Q1 2022
34.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 16 |
Opened positions | 0 |
Closed positions | 4 |
Increased positions | 2 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 13.97M |
Total shares | 969.24K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
NTRS Northern Trust | 317.3K | $4.6M |
Dimensional Fund Advisors | 185.25K | $2.65M |
Minerva Advisors | 139.75K | $1.99M |
Vanguard | 126.58K | $1.84M |
Renaissance Technologies | 97.41K | $1.41M |
Bridgeway Capital Management | 30.4K | $435K |
MS Morgan Stanley | 27.18K | $394K |
Geode Capital Management | 14.66K | $209K |
Wedbush Securities | 11.44K | $166K |
BLK Blackrock | 8.75K | $127K |
Financial report summary
?Risks
- Disruptions in the financial markets have historically created, and may continue to create, uncertainty in economic conditions that may adversely affect our customers and our business.
- If we fail to compete effectively, our revenue and profit margins could decline.
- If we lose a large customer, our sales and profits would decline.
- An increase in the price of raw materials and energy could negatively affect our sales and profits.
- Our future growth may depend on our ability to penetrate new international markets.
- Events outside our control may affect our operating results.
- We depend on key management and technical personnel, the loss of whom could harm our business.
- Our stock price is likely to be volatile and could drop.
- We are subject to other risks that might also cause our actual results to vary materially from our forecasts, targets, or projections, including:
- Disruptions of our supply chain could have a material adverse effect on our operating and financial results.
- We recently experienced a network cyber attack that disrupted our domestic operations. Future cybersecurity incidents could expose us to liability and damage our reputation and our business.
- Internal Controls Over Financial Reporting.
- Changes in U.S. trade policy, including the imposition of tariffs and the resulting consequences, may have a material adverse impact on our business and results of operations.
Management Discussion
- Sales for fiscal year 2022 were $168.9 million, an increase from fiscal year 2021 sales of $147.5 million. Domestic sales for fiscal year 2022 were $126.9 million, an increase of 14.2% compared to fiscal year 2021 sales of $111.0 million. The increase in Domestic sales resulted from both higher volumes and the implementation of price increases in response to higher raw material input costs. International sales for fiscal year 2022 were $42.0 million, an increase of 15.3% from fiscal year 2021 sales of $36.5 million. The increase in International sales in fiscal year 2022 is a result of strong demand across the international markets, primarily in India, coupled with COVID-19 related restrictions on construction site access and government mandated shut-downs in India that significantly impacted the prior year sales.
Content analysis
?Positive | ||
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Readability |
H.S. freshman Avg
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New words:
absorption, acquire, affiliate, affiliated, Africa, African, beneficiary, book, bright, budget, buyer, CAI, certainty, coincide, coincided, combating, confidential, consummation, criminal, Delinquent, deposit, deposited, derecognize, downloaded, DST, exacerbate, exfiltrated, expressly, Fargo, feature, foregoing, forensic, forfeited, Front, fulsome, gain, highest, hypothetical, ill, indirect, interruption, investigation, iv, kick, led, Lessor, logical, navigated, Nevada, onset, outlook, overhead, Parent, phishing, recovery, redeemable, redeemed, redeeming, redemption, released, residual, restored, seek, shareholder, speak, split, stolen, Street, strength, striving, substantive, thereunder, title, unilaterally, uninterrupted, viewed, voting, West
Removed:
accelerated, Air, ASHRAE, author, belief, bilateral, Branchburg, capture, Civil, Codification, commissioned, comply, Conditioning, conjunction, derivative, designation, devote, earliest, Edition, engineer, expanding, expiring, filer, forward, Guide, headed, Heating, hedging, imposing, incident, insufficient, intent, Jersey, Kurt, LIFO, Lisa, Manhattan, offer, open, optimistic, played, presented, prevailing, prospectively, Purdue, read, reclassification, reclassify, Refrigeration, renegotiate, retaliatory, SEFA, Similarly, Society, speculative, stranded, stringent, Supplementary, supplemented, swap, Turner, twenty, unfavorable, urged, waiver
Financial reports
Current reports
8-K
Kewaunee Scientific Reports Results for Fiscal Year and Fourth Quarter
29 Jun 22
8-K
Changes in Registrant's Certifying Accountant
6 Jun 22
8-K
Entry into a Material Definitive Agreement
2 Jun 22
8-K
Other Events
27 May 22
8-K
Entry into a Material Definitive Agreement
4 May 22
8-K
Entry into a Material Definitive Agreement
30 Mar 22
8-K
Kewaunee Scientific Reports Results for Third Quarter of Fiscal Year 2022
9 Mar 22
8-K
Entry into a Material Definitive Agreement
23 Dec 21
8-K
Kewaunee Scientific Reports Results for Second Quarter of Fiscal Year 2022
17 Dec 21
8-K
Other Events
15 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
7 Sep 17
S-8
Registration of securities for employees
30 Aug 16
S-8
Registration of securities for employees
22 Aug 11
S-8
Registration of securities for employees
25 Jun 09
S-8
Registration of securities for employees
29 Aug 02
S-8
Registration of securities for employees
19 Dec 96
Other
SD
Conflict minerals disclosure
10 May 22
SD
Conflict minerals disclosure
10 May 21
SD
Conflict minerals disclosure
11 May 20
SD
Conflict minerals disclosure
10 May 19
SD
Conflict minerals disclosure
23 May 18
NO ACT
No action letter
30 May 17
SD
Conflict minerals disclosure
9 May 17
SD
Conflict minerals disclosure
10 Aug 16
SD
Conflict minerals disclosure
28 May 14
UPLOAD
Letter from SEC
6 Jan 09
Ownership
4
KEWAUNEE SCIENTIFIC / John Russell ownership change
15 Jul 22
4
KEWAUNEE SCIENTIFIC / Ryan S. Noble ownership change
1 Jul 22
4
KEWAUNEE SCIENTIFIC / Douglas J. Batdorff ownership change
1 Jul 22
4
KEWAUNEE SCIENTIFIC / Mandar Ranade ownership change
1 Jul 22
4
KEWAUNEE SCIENTIFIC / Elizabeth D Phillips ownership change
1 Jul 22
4
KEWAUNEE SCIENTIFIC / THOMAS DAVID HULL III ownership change
1 Jul 22
4
KEWAUNEE SCIENTIFIC / Donald T. Gardner III ownership change
1 Jul 22
4
KEWAUNEE SCIENTIFIC / Elizabeth D Phillips ownership change
27 Jun 22
4
KEWAUNEE SCIENTIFIC / Mandar Ranade ownership change
27 Jun 22
4
KEWAUNEE SCIENTIFIC / Ryan S. Noble ownership change
27 Jun 22
Patents
Design
Laboratory table
4 May 21
Inventors: Kurt P. Rindoks, Karole D. Clanton, Matthew David Hern
Utility
Ceramic Foam Flame Arrestor Assembly for Flammable Storage Cabinet
23 Dec 20
A storage cabinet for ignitable (flammable) liquids is provided.
Utility
Laboratory hood with venturi effect air intake device for anti-turbulent air flow control
19 Oct 20
In a laboratory hood system having a housing with an access window opening into an interior work chamber for performing laboratory processes, and an air circulation system for creating an air flow from the laboratory environment inwardly through the access window into the work chamber for preventing hazardous materials from escaping into the laboratory environment through the access window, one or more air intake control devices are disposed in a selected location or locations at the access window to overcome any tendency for air turbulence to occur.
Reddit threads
Home made screener using EDGAR
29 Mar 22
Daily Discussion Thread - March 9th, 2022
9 Mar 22
Daily Discussion Thread - March 8th, 2022
8 Mar 22
Daily Discussion Thread - March 7th, 2022
7 Mar 22
Daily Discussion Thread - December 15th, 2021
15 Dec 21
Daily Discussion Thread - December 14th, 2021
14 Dec 21
Daily Discussion Thread - December 8th, 2021
8 Dec 21
Daily Discussion Thread - December 7th, 2021
7 Dec 21
Daily Discussion Thread - December 6th, 2021
6 Dec 21