Company profile

Ticker
RAVN
Exchange
CEO
Daniel A. Rykhus
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
460246171

RAVN stock data

(
)

Calendar

22 Aug 19
17 Sep 19
31 Jan 20

News

Company financial data Financial data

Quarter (USD) Jul 19 Apr 19 Jan 19 Oct 18
Revenue 98.06M 98.18M 88.02M 104.83M
Net income 8.77M 13.21M 2.95M 13.03M
Diluted EPS 0.24 0.36 0.08 0.36
Net profit margin 8.94% 13.46% 3.35% 12.43%
Operating income 10.57M 15.12M 3.36M 13.61M
Net change in cash 7.76M -4.42M
Cash on hand 69.13M 61.37M 65.79M
Cost of revenue 66.72M 63.11M
Annual (USD) Jan 19 Jan 18 Jan 17 Jan 16
Revenue 406.67M 377.32M 277.4M
Net income 51.79M 41.02M 20.19M 4.78M
Diluted EPS 1.42 1.13 0.56 0.13
Net profit margin 12.74% 10.87% 7.28%
Operating income 55.13M 59.17M 28.41M 4.39M
Net change in cash 25.25M -10.11M 16.87M -18.17M
Cash on hand 65.79M 40.54M 50.65M 33.78M
Cost of revenue 274.12M 255.75M 199.21M 191.26M

Financial data from company earnings reports

Financial report summary

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Risks
  • RISKS RELATING TO THE COMPANY
  • Weather conditions or natural disasters could affect certain Company markets, such as agriculture, construction, geomembrane installation, or the Company's primary manufacturing facilities.
  • The loss, disruption, or material change in the Company's business relationship with single source suppliers for particular materials, components or services, could cause a disruption in supply, or substantial increase in cost of any such products or services, and therefore could result in harm to the Company's sales, profitability, cash flows and financial condition.
  • Price fluctuations in, and shortages of, raw materials could have a significant impact on the Company's ability to sustain and grow earnings.
  • Fluctuations in commodity prices can increase the Company's costs and decrease sales.
  • Failure to develop and market new technologies and products could impact the Company's competitive position and have an adverse effect on the Company's financial results.
  • Failure to develop and maintain partnerships, alliances, and other distribution or supplier relationships could adversely impact the Company's financial results.
  • The Company's sales of products that are specialized and highly technical in nature are subject to uncertainties, start-up costs and inefficiencies, as well as market, competitive, and compliance risks.
  • The Company's Aerostar segment depends on the U.S. government for a significant portion of its sales, creating uncertainty in the timing of and funding for projected contracts.
  • The Company derives a portion of its revenues from foreign markets, which subjects the Company to business risks, including risk of changes in government policies and laws or changes in worldwide economic conditions.
  • Adverse economic conditions in the major industries the Company serves may materially affect segment performance and consolidated results of operations.
  • The Company may pursue or complete acquisitions which represent additional risk and could impact future financial results.
  • The Company may fail to continue to attract, develop, and retain key management and other key employees, which could negatively impact operating results.
  • The Company could be impacted by unfavorable results or material settlement of legal proceedings.
  • Technology failures or cyber-attacks on the Company's systems could disrupt the Company's operations or the functionality of its products and negatively impact the Company's business.
  • The implementation of a new enterprise resource planning (ERP) system may result in short term disruption to the Company’s operations and business, which could adversely impact the Company and damage customer relationships and brand reputation.
Management Discussion
  • Applied Technology designs, manufactures, sells, and services innovative precision agriculture products and information management tools, which are collectively referred to as precision agriculture equipment, that help farmers reduce costs, more precisely control inputs, and improve farm yields for the global agriculture market.
  • at the beginning of the second quarter. Abnormal wet weather in the U.S. caused challenging field conditions which negatively impacted planting and application activities in the field and drove reductions in customer demand. Given the challenges being faced, several key OEMs responded with plant shutdowns in order to recalibrate production levels to align with a lower forecast of new machine sales. This temporarily halted sprayer unit production. As a result, Applied Technology's OEM and aftermarket demand in the first half of fiscal 2020 experienced a significant decline. The Company does not generally model comparative market share position for its divisions, but the Company believes Applied Technology maintained its market share in the second quarter of fiscal 2020.
  • Engineered Films produces high-performance plastic films and sheeting for geomembrane, agricultural, construction, and industrial applications and also offers design-build and installation services of these plastic films and sheeting. Plastic film and sheeting can be purchased separately or together with installation services.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: augment, cadence, caught, closure, difficult, excited, expenditure, firmly, formatted, halted, importantly, inconsistent, inherently, Intermediate, merger, opposed, outlined, page, partially, recalibrate, resolved, showed, speed, sprayer, supply, temporarily, today, West, worse, WTI
Removed: advance, assessment, attractive, Brazil, determining, geographic, heavily, high, improved, improving, performed, preparation, Presentation, processing, retirement, strategy, sustained, undiscounted