Company profile

Ticker
VALU
Exchange
CEO
Howard A. Brecher
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
133139843

VALU stock data

(
)

Calendar

26 Jul 19
24 Aug 19
30 Apr 20

News

Company financial data Financial data

Quarter (USD) Apr 19 Jan 19 Oct 18 Jul 18
Revenue 9.18M 9.05M 9.05M 8.97M
Net income 2.29M 2.45M 3.3M 3.1M
Diluted EPS 0.24 0.25 0.34 0.32
Net profit margin 24.97% 27.08% 36.48% 34.60%
Operating income 970K 1.41M 1.76M 1.27M
Net change in cash 2.13M -221K -407K -949K
Cash on hand 6.49M 4.36M 4.59M 4.99M
Annual (USD) Apr 19 Apr 18 Apr 17 Apr 16
Revenue 36.26M 35.87M 42.7M 34.55M
Net income 11.15M 14.74M 10.37M 7.29M
Diluted EPS 1.15 1.52 1.07 0.75
Net profit margin 30.75% 41.09% 24.28% 21.11%
Operating income 5.41M 2.57M 7.46M 1.88M
Net change in cash 552K -616K -6.57M 7.25M
Cash on hand 6.49M 5.94M 6.56M 13.12M

Financial data from Value Line earnings reports

Financial report summary

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Management Discussion
  • *Net income in fiscal 2018 exceeded income before income taxes because the one-time tax adjustment from the Federal Income tax rate changes effective January 1, 2018 in our favor is actually larger than income tax provision for the fiscal year ended April 30, 2018.
  • During the twelve months ended April 30, 2019, the Company’s income from operations of $5,413,000 was 110.5% above income from operations of $2,572,000 during the twelve months ended April 30, 2018.  During the twelve months ended April 30, 2019, there were 9,683,771 average common shares outstanding as compared to 9,703,255 average common shares outstanding during the twelve months ended April 30, 2018.  For the twelve months ended April 30, 2019, operating expenses were well controlled and decreased $2,452,000 or 7.4% below those during the twelve months ended April 30, 2018.  During the twelve months ended April 30, 2019, the Company’s net income of $11,150,000, or $1.15 per share, was 24.3% below net income of $14,738,000, or $1.52 per share, for the twelve months ended April 30, 2018.  The largest factor in the decrease in net income during the twelve months ended April 30, 2019, compared to the prior fiscal year was the January 1, 2018, reduction in the U.S. statutory federal corporate income tax rate from 35% to 21% resulting in a one-time deferred noncash tax benefit of $6,485,000 or 54.51% of pre-tax income during fiscal 2018.
  • During the twelve months ended April 30, 2018, the Company’s net income of $14,738,000, or $1.52 per share, was $4,371,000 or 42.2% above net income of $10,367,000, or $1.07 per share, for the twelve months ended April 30, 2017 due to the fiscal 2018 reduction in the U.S. statutory federal corporate income tax rate from 35% to 21% on the Company’s long-term deferred tax liabilities, resulting in a tax benefit of 54.51% of pre-tax income for the twelve months ended April 30, 2018. The Company re-calculated its net deferred tax assets and liabilities using the Federal Tax Rate under the Tax Act. The effect of the re-calculation was reflected entirely in the third quarter ended January 31, 2018 (the period that included the enactment date) and was allocated directly to both current and deferred income tax expenses from continuing operations. Income from operations of $2,572,000 during the twelve months ended April 30, 2018 was $4,887,000 below income from operations of $7,459,000, which included a pre-tax gain of $8,123,000 from the sale of the Company's operating facility during the twelve months ended April 30, 2017 for which it received net proceeds of $11,555,000 on July 29, 2016 and additional depreciation and amortization expense of $3,498,000 in fiscal 2017.
Content analysis ?
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Uncertain
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Legalese
Litigous
Readability
H.S. freshman Avg
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Registration and prospectus

No filings