Clearfield (CLFD) Financial Statements
Price: $26.51
Market Cap: $374.63M
Avg Volume: 131.14K
Market Cap: $374.63M
Avg Volume: 131.14K
Country: US
Industry: Communication Equipment
Sector: Technology
Industry: Communication Equipment
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Clearfield.
Income Statement
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $166.71M | $268.72M | $270.88M | $140.76M | $93.07M | $85.03M | $77.65M | $73.95M | $75.29M | $60.32M |
| Cost of Revenue | $137.82M | $183.44M | $157.94M | $79.58M | $55.16M | $52.35M | $46.65M | $43.68M | $42.42M | $35.46M |
| Gross Profit | $28.89M | $85.28M | $112.95M | $61.18M | $37.91M | $32.69M | $31.00M | $30.26M | $32.87M | $24.87M |
| Gross Profit Ratio | 17.33% | 31.74% | 41.70% | 43.46% | 40.74% | 38.44% | 39.92% | 40.93% | 43.66% | 41.22% |
| Research and Development Expenses | $- | $3.12M | $895.00K | $1.24M | $1.27M | $1.09M | $787.36K | $865.57K | $838.12K | $750.11K |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $25.93M | $24.95M | $22.14M | $17.82M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $52.11M | $47.99M | $49.13M | $35.94M | $29.53M | $27.50M | $25.93M | $24.95M | $22.14M | $17.82M |
| Other Expenses | $- | $-3.12M | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $52.11M | $47.99M | $49.13M | $35.94M | $29.53M | $27.50M | $25.93M | $24.95M | $22.14M | $17.82M |
| Cost and Expenses | $189.93M | $231.43M | $207.07M | $115.52M | $84.69M | $79.85M | $72.58M | $68.64M | $64.56M | $53.27M |
| Interest Income | $- | $5.21M | $328.00K | $500.12K | $770.95K | $738.46K | $457.10K | $273.93K | $157.40K | $105.89K |
| Interest Expense | $- | $881.00K | $311.00K | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $7.41M | $6.05M | $3.41M | $2.30M | $2.42M | $2.18M | $2.05M | $1.62M | $1.45M | $1.22M |
| EBITDA | $-8.34M | $43.34M | $67.23M | $27.54M | $10.81M | $7.37M | $7.12M | $6.93M | $12.18M | $8.27M |
| EBITDA Ratio | -5.00% | 16.13% | 24.82% | 19.56% | 11.61% | 8.66% | 9.17% | 9.38% | 16.18% | 13.71% |
| Operating Income | $-23.22M | $37.29M | $63.82M | $25.23M | $8.38M | $5.19M | $5.07M | $5.31M | $10.73M | $7.05M |
| Operating Income Ratio | -13.93% | 13.88% | 23.56% | 17.93% | 9.01% | 6.10% | 6.53% | 7.18% | 14.25% | 11.69% |
| Total Other Income Expenses Net | $6.97M | $4.33M | $17.00K | $500.12K | $770.95K | $738.46K | $457.10K | $273.93K | $157.40K | $105.89K |
| Income Before Tax | $-16.26M | $41.61M | $63.83M | $25.73M | $9.15M | $5.93M | $5.53M | $5.59M | $10.89M | $7.16M |
| Income Before Tax Ratio | -9.75% | 15.49% | 23.57% | 18.28% | 9.84% | 6.97% | 7.12% | 7.55% | 14.46% | 11.86% |
| Income Tax Expense | $-3.80M | $9.08M | $14.47M | $5.41M | $1.86M | $1.36M | $1.25M | $1.74M | $2.88M | $2.48M |
| Net Income | $-12.45M | $32.53M | $49.36M | $20.33M | $7.29M | $4.57M | $4.27M | $3.85M | $8.01M | $4.68M |
| Net Income Ratio | -7.47% | 12.11% | 18.22% | 14.44% | 7.84% | 5.37% | 5.50% | 5.20% | 10.64% | 7.76% |
| EPS | $-0.85 | $2.17 | $3.58 | $1.48 | $0.53 | $0.34 | $0.32 | $0.28 | $0.60 | $0.35 |
| EPS Diluted | $-0.85 | $2.17 | $3.55 | $1.47 | $0.53 | $0.34 | $0.32 | $0.28 | $0.59 | $0.34 |
| Weighted Average Shares Outstanding | 14.58M | 14.98M | 13.77M | 13.72M | 13.64M | 13.44M | 13.43M | 13.53M | 13.37M | 13.22M |
| Weighted Average Shares Outstanding Diluted | 14.58M | 15.01M | 13.91M | 13.78M | 13.64M | 13.45M | 13.45M | 13.66M | 13.66M | 13.59M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $16.17M | $37.83M | $16.65M | $13.22M | $16.45M | $10.08M | $8.55M | $18.54M | $28.01M | $18.07M |
| Short Term Investments | $114.83M | $130.29M | $5.80M | $10.37M | $10.58M | $13.52M | $8.93M | $5.94M | $5.53M | $7.92M |
| Cash and Short Term Investments | $130.99M | $168.11M | $22.45M | $23.59M | $27.03M | $23.61M | $17.48M | $24.47M | $33.54M | $26.00M |
| Net Receivables | $21.31M | $28.39M | $53.70M | $19.44M | $10.50M | $9.12M | $12.82M | $7.24M | $8.00M | $6.01M |
| Inventory | $66.77M | $98.06M | $82.21M | $27.52M | $14.41M | $9.01M | $10.05M | $8.45M | $8.37M | $7.18M |
| Other Current Assets | $10.53M | $1.70M | $1.76M | $953.95K | $585.44K | $769.16K | $742.14K | $978.93K | $1.20M | $1.56M |
| Total Current Assets | $229.59M | $296.25M | $160.12M | $71.51M | $52.52M | $42.51M | $41.09M | $41.14M | $51.11M | $40.75M |
| Property Plant Equipment Net | $39.75M | $35.39M | $31.48M | $7.30M | $7.65M | $5.41M | $4.74M | $5.43M | $5.78M | $5.69M |
| Goodwill | $6.63M | $6.53M | $6.40M | $4.71M | $4.71M | $4.71M | $4.71M | $2.57M | $2.57M | $2.57M |
| Intangible Assets | $6.34M | $6.09M | $6.38M | $4.70M | $4.83M | $5.15M | $5.48M | $284.79K | $- | $- |
| Goodwill and Intangible Assets | $12.97M | $12.62M | $12.78M | $9.40M | $9.54M | $9.86M | $10.19M | $2.57M | $2.57M | $2.57M |
| Long Term Investments | $24.50M | $6.34M | $22.75M | $36.91M | $25.14M | $23.90M | $17.97M | $19.82M | $10.70M | $8.29M |
| Tax Assets | $6.13M | $3.04M | $1.41M | $365.47K | $178.12K | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $2.32M | $1.87M | $581.00K | $418.98K | $266.86K | $210.91K | $227.46K | $529.95K | $428.31K | $323.80K |
| Total Non-Current Assets | $85.68M | $59.26M | $69.00M | $54.40M | $42.77M | $39.38M | $33.14M | $28.35M | $19.48M | $16.87M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $315.27M | $355.52M | $229.13M | $125.91M | $95.30M | $81.89M | $74.23M | $69.49M | $70.60M | $57.63M |
| Account Payables | $6.72M | $8.89M | $24.12M | $9.21M | $3.69M | $3.17M | $2.36M | $1.74M | $2.57M | $2.36M |
| Short Term Debt | $6.28M | $5.85M | $7.78M | $1.83M | $1.33M | $- | $- | $- | $- | $- |
| Tax Payables | $- | $84.00K | $1.79M | $933.00K | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $8.53M | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $11.36M | $5.66M | $18.01M | $8.49M | $5.39M | $3.43M | $2.62M | $2.50M | $4.77M | $2.68M |
| Total Current Liabilities | $24.35M | $29.00M | $51.69M | $20.47M | $10.41M | $6.61M | $4.98M | $4.24M | $7.35M | $5.04M |
| Long Term Debt | $15.00M | $10.63M | $29.08M | $1.61M | $2.13M | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $18.67M | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $161.00K | $721.00K | $774.00K | $- | $- | $101.69K | $104.94K | $444.08K | $411.78K | $1.08M |
| Other Non-Current Liabilities | $- | $- | $- | $369 | $- | $246.42K | $268.04K | $281.72K | $243.75K | $228.34K |
| Total Non-Current Liabilities | $15.16M | $11.35M | $29.85M | $1.62M | $2.13M | $348.11K | $372.98K | $725.80K | $655.53K | $1.31M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $39.51M | $40.35M | $81.55M | $22.09M | $12.54M | $6.96M | $5.35M | $4.97M | $8.00M | $6.35M |
| Preferred Stock | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Common Stock | $142.00K | $153.00K | $138.00K | $137.32K | $136.50K | $136.42K | $136.47K | $138.13K | $141.26K | $137.06K |
| Retained Earnings | $114.96M | $127.34M | $94.80M | $45.44M | $25.11M | $17.82M | $13.25M | $8.98M | $5.13M | $-4.75M |
| Accumulated Other Comprehensive Income Loss | $1.08M | $-544.00K | $-1.90M | $-0 | $-0 | $-0 | $-6.91M | $-6.13M | $-4.93M | $-3.68M |
| Other Total Stockholders Equity | $159.58M | $188.22M | $54.54M | $58.25M | $57.50M | $56.98M | $55.48M | $55.41M | $57.32M | $55.89M |
| Total Stockholders Equity | $275.76M | $315.16M | $147.58M | $103.82M | $82.75M | $74.93M | $68.87M | $64.53M | $62.59M | $51.28M |
| Total Equity | $275.76M | $315.16M | $147.58M | $103.82M | $82.75M | $74.93M | $68.87M | $64.53M | $62.59M | $51.28M |
| Total Liabilities and Stockholders Equity | $315.27M | $355.52M | $229.13M | $125.91M | $95.30M | $81.89M | $74.23M | $69.49M | $70.60M | $57.63M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $315.27M | $355.52M | $229.13M | $125.91M | $95.30M | $81.89M | $74.23M | $69.49M | $70.60M | $57.63M |
| Total Investments | $139.33M | $136.63M | $28.55M | $47.29M | $35.73M | $37.43M | $26.90M | $25.75M | $16.23M | $16.21M |
| Total Debt | $18.36M | $22.77M | $36.85M | $2.53M | $2.79M | $- | $- | $- | $- | $- |
| Net Debt | $2.19M | $-15.06M | $20.20M | $-10.69M | $-13.65M | $-10.08M | $-8.55M | $-18.54M | $-28.01M | $-18.07M |
Cash Flow Statement
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-12.45M | $32.53M | $49.36M | $20.33M | $7.29M | $4.57M | $4.27M | $3.85M | $8.01M | $4.68M |
| Depreciation and Amortization | $7.41M | $6.05M | $3.41M | $2.30M | $2.42M | $2.18M | $2.05M | $1.62M | $1.45M | $1.22M |
| Deferred Income Tax | $-4.08M | $-2.11M | $-326.00K | $-187.35K | $-279.81K | $-3.25K | $-339.14K | $32.30K | $2.34M | $2.34M |
| Stock Based Compensation | $4.64M | $3.58M | $2.34M | $1.28M | $774.00K | $1.73M | $2.00M | $2.32M | $1.40M | $1.07M |
| Change in Working Capital | $31.11M | $-16.53M | $-53.76M | $-13.02M | $-3.49M | $6.12M | $-3.42M | $-2.20M | $-1.67M | $-2.49M |
| Accounts Receivables | $7.80M | $26.28M | $-24.23M | $-9.15M | $-1.38M | $3.49M | $-5.58M | $761.57K | $-1.99M | $-983.04K |
| Inventory | $31.99M | $-15.08M | $-43.74M | $-13.12M | $-5.40M | $1.04M | $1.18M | $-80.41K | $-1.19M | $-1.79M |
| Accounts Payables | $- | $-26.26B | $14.50B | $9.78M | $3.15M | $1.60M | $723.99K | $-3.06M | $2.32M | $164.34K |
| Other Working Capital | $-8.68M | $26.23B | $-14.49B | $-531.20K | $127.77K | $-10.47K | $254.50K | $180.46K | $-812.81K | $121.38K |
| Other Non Cash Items | $-4.41M | $-3.51M | $-29.00K | $202.29K | $-58.54K | $138.35K | $-17.69K | $678.88K | $12.35K | $23.20K |
| Net Cash Provided by Operating Activities | $22.22M | $20.01M | $1.00M | $10.90M | $6.66M | $14.73M | $4.55M | $6.30M | $11.55M | $6.85M |
| Investments in Property Plant and Equipment | $-9.57M | $-8.38M | $-9.15M | $-2.05M | $-1.81M | $-2.51M | $-1.19M | $-2.02M | $-1.63M | $-4.54M |
| Acquisitions Net | $- | $103.86M | $-16.19M | $11.55M | $-1.76M | $10.45M | $-10.35M | $69.94K | $77.14K | $24.42K |
| Purchases of Investments | $-159.39M | $-210.92M | $-248.00K | $-24.81M | $-34.06M | $-20.31M | $-7.28M | $-17.63M | $-8.14M | $-10.37M |
| Sales Maturities of Investments | $162.06M | $107.06M | $17.39M | $13.26M | $35.82M | $9.86M | $6.13M | $8.11M | $8.12M | $9.09M |
| Other Investing Activities | $- | $-103.86M | $17.14M | $-11.55M | $1.76M | $-10.45M | $83.05K | $-64.84K | $-76.41K | $55.52K |
| Net Cash Used for Investing Activities | $-6.90M | $-112.25M | $-8.20M | $-13.60M | $-41.13K | $-12.96M | $-12.61M | $-11.54M | $-1.64M | $-5.74M |
| Debt Repayment | $-3.62M | $-16.70M | $16.70M | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $130.26M | $544.00K | $384.00K | $349.00K | $316.50K | $321.87K | $363.41K | $803.27K | $254.56K |
| Common Stock Repurchased | $-33.37M | $-609.00K | $-1.41M | $-462.00K | $-428.65K | $- | $-1.76M | $-3.65M | $-333.76K | $-849.16K |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-8.00K | $463.00K | $-5.18M | $-458.00K | $9.27K | $-553.16K | $-489.43K | $-952.83K | $-437.54K | $-629.65K |
| Net Cash Used Provided by Financing Activities | $-36.91M | $113.42M | $10.65M | $-536.00K | $-246.73K | $-236.67K | $-1.93M | $-4.24M | $31.97K | $-1.22M |
| Effect of Forex Changes on Cash | $-81.00K | $-2.00K | $-24.00K | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-21.66M | $21.18M | $3.43M | $-3.23M | $6.37M | $1.53M | $-9.99M | $-9.48M | $9.94M | $-120.28K |
| Cash at End of Period | $16.17M | $37.83M | $16.65M | $13.22M | $16.45M | $10.08M | $8.55M | $18.54M | $28.01M | $18.07M |
| Cash at Beginning of Period | $37.83M | $16.65M | $13.22M | $16.45M | $10.08M | $8.55M | $18.54M | $28.01M | $18.07M | $18.19M |
| Operating Cash Flow | $22.22M | $20.01M | $1.00M | $10.90M | $6.66M | $14.73M | $4.55M | $6.30M | $11.55M | $6.85M |
| Capital Expenditure | $-9.57M | $-8.38M | $-9.15M | $-2.05M | $-1.81M | $-2.51M | $-1.19M | $-2.02M | $-1.63M | $-4.54M |
| Free Cash Flow | $12.66M | $11.63M | $-8.15M | $8.86M | $4.85M | $12.22M | $3.36M | $4.28M | $9.93M | $2.31M |