Docoh
Loading...

GENC Gencor Industries

Gencor Industries, Inc. engages in the designing, manufacturing and sales of heavy machinery and related equipment used in the production of highway construction materials, synthetic fuels and environmental control equipment. Its products include asphalt plants, combustion systems and fluid heat transfer systems. The company was founded by Emanuel J. Elliott in 1968 and is headquartered in Orlando, FL.

Company profile

Ticker
GENC
Exchange
Website
CEO
John E. Elliott
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
590933147

GENC stock data

(
)

Calendar

12 Feb 21
12 Apr 21
30 Sep 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Sep 20 Sep 19 Sep 18 Sep 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 23.96M 23.96M 23.96M 23.96M 23.96M 23.96M
Cash burn (monthly) 3.88M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 13.25M n/a n/a n/a n/a n/a
Cash remaining 10.71M n/a n/a n/a n/a n/a
Runway (months of cash) 2.8 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
12 Mar 21 Eric E Mellen Common Stock Sell Dispose S No No 15.688 2,400 37.65K 100
10 Mar 21 Jeanne M Lyons Common Stock Sell Dispose S No No 15.18 950 14.42K 12
9 Mar 21 Jeanne M Lyons Common Stock Sell Dispose S No No 14.98 588 8.81K 962
8 Mar 21 Jeanne M Lyons Common Stock Sell Dispose S No No 14.805 2,000 29.61K 1,550
8 Mar 21 James P Sharp Common Stock Sell Dispose S No No 14.805 1,979 29.3K 0
5 Mar 21 James P Sharp Common Stock Sell Dispose S No No 14.7 21 308.7 1,979
4 Mar 21 James P Sharp Common Stock Sell Dispose S No No 14.325 4,000 57.3K 2,000
3 Mar 21 James P Sharp Common Stock Sell Dispose S No No 14.386 1,500 21.58K 6,000
18 Feb 21 Jeanne M Lyons Common Stock Option exercise Aquire M No No 5.126 3,500 17.94K 3,550
18 Feb 21 Jeanne M Lyons Stock Options Common Stock Option exercise Aquire M No No 5.126 3,500 17.94K 4,500

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

54.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 49 45 +8.9%
Opened positions 6 2 +200.0%
Closed positions 2 8 -75.0%
Increased positions 18 11 +63.6%
Reduced positions 18 20 -10.0%
13F shares
Current Prev Q Change
Total value 106.74M 96.42M +10.7%
Total shares 6.73M 6.7M +0.4%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Royce & Associates 1.39M $17.16M -3.8%
Systematic Financial Management 948.9K $11.67M -1.1%
Vanguard 758.88K $9.33M -6.2%
Dimensional Fund Advisors 726.88K $8.94M -1.6%
Renaissance Technologies 545.25K $6.71M +1.9%
BLK Blackrock 528.43K $6.5M +7.6%
TETAA Teton Advisors 470K $5.78M -4.5%
STT State Street 154.9K $1.91M -1.0%
First Republic Investment Management 129.46K $1.59M +7.4%
Geode Capital Management 120K $1.48M +2.0%
Largest transactions
Shares Bought/sold Change
Royce & Associates 1.39M -55.6K -3.8%
Vanguard 758.88K -50.4K -6.2%
Bridgeway Capital Management 43.45K +43.45K NEW
BLK Blackrock 528.43K +37.18K +7.6%
Gabelli Funds 25.6K +25.6K NEW
TETAA Teton Advisors 470K -22K -4.5%
California State Teachers Retirement System 14.15K +14.15K NEW
Dimensional Fund Advisors 726.88K -12.08K -1.6%
Systematic Financial Management 948.9K -10.64K -1.1%
Perritt Capital Management 73.66K +10.41K +16.5%

Financial report summary

?
Competition
Astec Industries
Management Discussion
  • Net revenues for the quarters ended December 31, 2020 and December 31, 2019 were $18,964,000 and $18,030,000, respectively, an increase of $934,000. The improved revenues reflect an increase in parts and component sales over the comparative quarter in the prior year. There were no revenues generated by Blaw-Knox during the quarter ended December 31, 2020, as the facility is being readied to begin production.
  • As a percent of sales, gross profit margins were 15.7% in the quarter ended December 31, 2020, compared to 24.0% in the quarter ended December 31, 2019. The gross profit margins for the quarter ended December 31, 2020 were impacted by approximately $1.5 million of unabsorbed manufacturing labor and overhead expenses related to the Blaw-Knox paver product line. Excluding these expenses, the gross profit margin for the quarter ended December 31, 2020, would have been 23.5%, with increases in steel prices contributing to the lower overall gross margins.
  • Product engineering and development expenses increased $79,000 to $845,000 for the quarter ended December 31, 2020, as compared to $766,000 for the quarter ended December 31, 2019, due primarily to engineering wages related to the Blaw-Knox paver product line. Selling, general and administrative (“SG&A”) expenses increased by $812,000 to $3,194,000 for the quarter ended December 31, 2020, compared to the quarter ended December 31, 2019. The increase in SG&A expenses was primarily due to professional fees, salaries, travel and other general expenses of approximately $0.5 million related to the acquisition. In addition, increased advertising expenses contributed to the higher SG&A expenses during the first quarter of fiscal 2021.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Bad
New words: acquisition, advertising, aggregation, ASC, assumed, August, automatic, automaticone, category, combination, entered, entry, established, eve, extension, Framework, hand, immaterial, improved, inception, intellectual, leasehold, litigation, LLC, minimum, NaN, November, passed, petrochemical, policy, readied, ready, removal, rental, reverse, ROU, segment, space, startup, Summary, taxable, type, unabsorbed, warehousing
Removed: adjusted, adjustment, amending, arising, award, Caution, Classification, closely, Code, conforming, crude, cumulative, decline, deduction, deemed, depict, discussed, Donald, enacted, entitled, entity, FIFO, foreign, fuel, fulfill, GAAP, headcount, heading, implementing, imposing, January, LIFO, lowered, March, matching, method, modification, obtain, percentage, physical, principle, reflected, repatriated, repatriation, repealing, resulting, retrospectively, show, subsequently, system, territorial, trade, Trump, uncertainty, uncollectable