EACO Eaco
EACO Corp. is a holding company, which engages in the distribution of electronic components and fasteners through its subsidiary. It focuses on the aerospace, circuit board, communication, computer, fabrication, instrumentation, industrial equipment, and marine industries. The company was founded on September 26, 1985 and is headquartered in Anaheim, CA.
Company profile
Ticker
EACO
Exchange
Website
CEO
Glen F. Ceiley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FAMILY STEAK HOUSES OF FLORIDA INC
SEC CIK
Corporate docs
IRS number
592597349
EACO stock data
()
Calendar
15 Jul 21
27 Jul 21
31 Aug 21
Financial summary
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Annual (USD) |
Aug 20 | Aug 19 | Aug 18 | Aug 17 | |
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Financial data from Eaco 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) | 2.44M | 2.44M | 2.44M | 2.44M | 2.44M | 2.44M |
| Cash burn (monthly) | 562K | 401.33K | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 1.06M | 756.33K | n/a | n/a | n/a | n/a |
| Cash remaining | 1.38M | 1.68M | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.4 | 4.2 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Apr 21 | Ceiley Glen | Common Stock | Sell | Dispose S | Yes | No | 17.5 | 400 | 7K | 4,703,295 |
| 26 Apr 21 | Ceiley Glen | Common Stock | Sell | Dispose S | Yes | No | 17.6 | 106 | 1.87K | 4,703,695 |
| 23 Apr 21 | Ceiley Glen | Common Stock | Sell | Dispose S | Yes | No | 17.55 | 900 | 15.8K | 4,703,801 |
| 22 Apr 21 | Ceiley Glen | Common Stock | Sell | Dispose S | Yes | No | 17.6 | 160 | 2.82K | 4,704,701 |
| 13 Aug 20 | Ceiley Glen | Common Stock | Sell | Dispose S | Yes | No | 16.9 | 800 | 13.52K | 4,704,861 |
| 8 Jul 20 | Ceiley Glen | Common Stock | Sell | Dispose S | Yes | No | 16.01 | 200 | 3.2K | 4,705,661 |
| 8 Jul 20 | Ceiley Glen | Common Stock | Sell | Dispose S | Yes | No | 16 | 500 | 8K | 4,705,861 |
Financial report summary
?Management Discussion
- Net sales consist primarily of sales of component parts and fasteners, but also include, to a lesser extent, kitting charges and special order fees, as well as freight charged to customers. The Company expanded its product offering during the prior fiscal year to include personal protection equipment (“PPE”) including, among other things, masks, shields and sanitizing stations.
- The increase in revenues in the three months ended May 31, 2021 (“Q3 2021”) as compared to the three months ended May 31, 2020 (“Q3 2020”) was largely due to higher demand for products resulting from businesses being allowed to resume operations and production due to the availability of Covid-19 Vaccines and relaxed pandemic regulations.
- The gross margins in Q3 2021 remained consistent with the prior year period, decreasing slightly by 0.1% as a percentage of revenues. This decrease was primarily due to a combination of product and customer mix, and overall declines in gross profit margin due to higher transport & material costs due to the industry-wide impacts from the COVID-19 pandemic.
Content analysis
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H.S. sophomore Good
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New words:
cutting, relaxed, resume, resuming, salesforce, sharp, travel
Removed:
carry, distributed, President, prolonged, Trump
Financial reports
10-Q
2021 Q3
Quarterly report
15 Jul 21
10-Q
2021 Q2
Quarterly report
14 Apr 21
10-Q
2021 Q1
Quarterly report
14 Jan 21
10-K
2020 FY
Annual report
30 Nov 20
10-Q
2020 Q3
Quarterly report
14 Jul 20
10-Q
2020 Q2
Quarterly report
14 Apr 20
10-Q
2020 Q1
Quarterly report
14 Jan 20
10-K
2019 FY
Annual report
27 Nov 19
10-Q
2019 Q3
Quarterly report
12 Jul 19
10-Q
2019 Q2
Quarterly report
12 Apr 19
Current reports
8-K
Entry into a Material Definitive Agreement
22 Jan 21
8-K
Changes in Registrant's Certifying Accountant
5 Nov 20
8-K
Entry into a Material Definitive Agreement
6 Dec 19
8-K
Entry into a Material Definitive Agreement
25 Sep 19
8-K
Entry into a Material Definitive Agreement
1 Aug 19
8-K
Entry into a Material Definitive Agreement
24 Jul 19
8-K
Submission of Matters to a Vote of Security Holders
22 May 19
8-K
Entry into a Material Definitive Agreement
29 Jul 18
8-K
Submission of Matters to a Vote of Security Holders
18 May 18
8-K
Eaco Corporation Reports Record Q3 Net Sales
4 Jul 17
Registration and prospectus
D
$0 in equity, 1 investor
8 Apr 10
S-8
Registration of securities for employees
18 Aug 02
S-3/A
Shelf registration (amended)
16 Aug 01
S-3/A
Shelf registration (amended)
6 Aug 01
S-3
Shelf registration
27 Jun 01
SC 14D9/A
Tender offer solicitation (amended)
30 Apr 97
SC 14D9/A
Tender offer solicitation (amended)
19 Mar 97
SC 14D9
Tender offer solicitation
18 Mar 97
S-8
Registration of securities for employees
23 Aug 95
Proxies
DEF 14A
Definitive proxy
1 Apr 19
DEF 14A
Definitive proxy
4 Apr 18
DEF 14A
Definitive proxy
6 Apr 17
DEF 14A
Definitive proxy
11 Apr 16
DEF 14A
Definitive proxy
13 Apr 15
DEF 14A
Definitive proxy
9 Apr 14
DEF 14A
Definitive proxy
7 Apr 13
DEF 14A
Definitive proxy
5 Apr 12
DEF 14A
Definitive proxy
6 Apr 11
DEFM14A
Proxy related to merger
7 Jan 10
Other
UPLOAD
Letter from SEC
17 Mar 10
UPLOAD
Letter from SEC
18 Feb 10
CORRESP
Correspondence with SEC
6 Jan 10
UPLOAD
Letter from SEC
6 Jan 10
UPLOAD
Letter from SEC
3 Jan 10
UPLOAD
Letter from SEC
21 Aug 06
UPLOAD
Letter from SEC
21 Aug 06
UPLOAD
Letter from SEC
20 Aug 06
CORRESP
Correspondence with SEC
9 Aug 05
CORRESP
Correspondence with SEC
20 Jul 05
Ownership
4
EACO / Glen Ceiley ownership change
27 Apr 21
4
EACO / Glen Ceiley ownership change
26 Apr 21
4
EACO / Glen Ceiley ownership change
14 Aug 20
4
EACO / Glen Ceiley ownership change
10 Jul 20
4
EACO / Glen Ceiley ownership change
5 Nov 19
4
EACO / Glen Ceiley ownership change
14 Aug 19
4
EACO / Glen Ceiley ownership change
16 Jul 19
4
EACO / Glen Ceiley ownership change
12 Jul 19
4
EACO / Glen Ceiley ownership change
9 Jul 19
4
EACO / Glen Ceiley ownership change
15 Nov 17