Detail akcie Arts Way Mfg online

Business Summary: Art's-Way Manufacturing Co., Inc. is a manufacturer of agricultural equipment and specialized in modular science and agricultural buildings. The Company operates through two segments: Agricultural Products and Modular Buildings. The Agricultural Products segment manufactures a variety of specialized farm machinery under its own label, including portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations; a line of forage equipment consisting of forage boxes, bale processors, running gear, and dump boxes; a line of manure spreaders; sugar beet harvesting equipment, and a line of dirt work equipment. The Modular Buildings segment produces, sells and leases modular buildings, which are custom designed to meet the specific research needs of its customers. The buildings it commonly produces range from basic swine buildings to complex containment research laboratories.
Financial Summary: BRIEF: For the fiscal year ended 30 November 2023, Art's Way Manufacturing Co Inc revenues increased 18% to $30.3M. Net income before extraordinary items increased from $374K to $763K. Revenues reflect Modular Building segment increase of 65% to $7.8M, Agricultural Products segment increase of 7% to $22.5M. Net income benefited from Modular Building segment income totaling $867K vs. loss of $600K.