Farmer Bros (FARM) Financial Statements
Price: $1.91
Market Cap: $40.79M
Avg Volume: 773.40K
Market Cap: $40.79M
Avg Volume: 773.40K
Country: US
Industry: Packaged Foods
Sector: Consumer Defensive
Industry: Packaged Foods
Sector: Consumer Defensive
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 Farmer Bros.
Income Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $341.09M | $339.96M | $469.19M | $397.85M | $501.32M | $595.94M | $606.54M | $541.50M | $544.38M | $545.88M |
| Cost of Revenue | $207.20M | $225.35M | $332.28M | $296.93M | $363.20M | $416.84M | $399.50M | $327.76M | $335.91M | $348.85M |
| Gross Profit | $133.89M | $114.61M | $136.92M | $100.92M | $138.12M | $179.10M | $207.04M | $213.74M | $208.47M | $197.04M |
| Gross Profit Ratio | 39.25% | 33.71% | 29.18% | 25.37% | 27.55% | 30.05% | 34.13% | 39.47% | 38.30% | 36.09% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $41.65M | $37.56M | $47.17M | $42.95M | $42.57M | $48.96M | $47.86M | $42.93M | $41.97M | $31.17M |
| Selling and Marketing Expenses | $111.37M | $103.15M | $107.28M | $95.50M | $121.76M | $139.65M | $154.54M | $157.20M | $150.20M | $151.75M |
| Selling General and Administrative Expenses | $153.02M | $140.71M | $154.45M | $138.45M | $164.33M | $188.61M | $202.40M | $200.13M | $192.17M | $182.93M |
| Other Expenses | $- | $2.74M | $8.18M | $26.08M | $16.20M | $-6.78M | $1.07M | $-1.20M | $556.00K | $-3.01M |
| Operating Expenses | $136.14M | $140.71M | $154.45M | $138.45M | $164.33M | $188.61M | $202.40M | $200.13M | $192.17M | $182.93M |
| Cost and Expenses | $343.34M | $366.06M | $486.73M | $435.37M | $527.53M | $605.45M | $601.90M | $527.90M | $528.08M | $531.77M |
| Interest Income | $- | $4.50M | $591.00K | $6.17M | $10.48M | $12.00M | $2.00K | $567.00K | $496.00K | $381.00K |
| Interest Expense | $7.83M | $9.16M | $9.52M | $15.96M | $10.48M | $12.00M | $3.18M | $2.19M | $425.00K | $769.00K |
| Depreciation and Amortization | $11.59M | $22.17M | $23.81M | $30.00M | $29.90M | $33.66M | $32.86M | $22.97M | $20.77M | $24.18M |
| EBITDA | $15.56M | $-3.94M | $18.52M | $16.27M | $2.31M | $12.23M | $35.10M | $40.30M | $31.12M | $38.29M |
| EBITDA Ratio | 4.56% | -1.16% | 3.95% | 4.09% | 0.46% | 2.05% | 5.79% | 7.44% | 5.72% | 7.01% |
| Operating Income | $-2.25M | $-20.96M | $-9.35M | $-11.44M | $-10.01M | $-16.29M | $1.12M | $42.17M | $8.18M | $3.28M |
| Operating Income Ratio | -0.66% | -6.17% | -1.99% | -2.88% | -2.00% | -2.73% | 0.19% | 7.79% | 1.50% | 0.60% |
| Total Other Income Expenses Net | $-1.61M | $-13.40M | $4.13M | $-16.61M | $5.72M | $-18.78M | $-2.02M | $-1.57M | $12.11M | $-2.23M |
| Income Before Tax | $-3.86M | $-34.36M | $-15.96M | $-28.06M | $-37.28M | $-33.48M | $-968.00K | $40.35M | $9.92M | $1.05M |
| Income Before Tax Ratio | -1.13% | -10.11% | -3.40% | -7.05% | -7.44% | -5.62% | -0.16% | 7.45% | 1.82% | 0.19% |
| Income Tax Expense | $14.00K | $-325.00K | $-301.00K | $13.60M | $-195.00K | $40.11M | $17.31M | $15.95M | $-80.00M | $402.00K |
| Net Income | $-3.88M | $-79.18M | $-15.66M | $-41.65M | $-37.09M | $-73.59M | $-18.28M | $24.40M | $89.92M | $652.00K |
| Net Income Ratio | -1.14% | -23.29% | -3.34% | -10.47% | -7.40% | -12.35% | -3.01% | 4.51% | 16.52% | 0.12% |
| EPS | $-0.19 | $-4.04 | $-0.86 | $-2.36 | $-2.16 | $-4.33 | $-1.09 | $1.46 | $5.45 | $0.04 |
| EPS Diluted | $-0.19 | $-4.04 | $-0.86 | $-2.36 | $-2.16 | $-4.33 | $-1.09 | $1.45 | $5.41 | $0.04 |
| Weighted Average Shares Outstanding | 20.87M | 19.62M | 18.20M | 17.64M | 17.21M | 17.00M | 16.82M | 16.67M | 16.50M | 16.13M |
| Weighted Average Shares Outstanding Diluted | 20.87M | 19.62M | 18.20M | 17.64M | 17.21M | 17.00M | 16.82M | 16.79M | 16.63M | 16.27M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $5.83M | $5.24M | $9.82M | $10.26M | $60.01M | $6.98M | $2.44M | $6.24M | $21.09M | $15.16M |
| Short Term Investments | $- | $- | $323.00K | $- | $- | $- | $- | $368.00K | $25.59M | $23.66M |
| Cash and Short Term Investments | $5.83M | $5.24M | $9.82M | $10.26M | $60.01M | $6.98M | $2.44M | $6.61M | $46.69M | $38.83M |
| Net Receivables | $35.15M | $45.13M | $46.94M | $40.32M | $41.71M | $56.35M | $58.80M | $46.76M | $44.61M | $40.70M |
| Inventory | $57.23M | $49.28M | $99.62M | $76.79M | $67.41M | $87.91M | $104.43M | $56.25M | $46.38M | $50.52M |
| Other Current Assets | $4.77M | $13.35M | $50.77M | $11.71M | $7.58M | $8.67M | $7.84M | $7.54M | $15.69M | $5.64M |
| Total Current Assets | $102.98M | $113.00M | $165.09M | $139.09M | $176.71M | $159.91M | $173.51M | $117.16M | $153.37M | $135.69M |
| Property Plant Equipment Net | $69.24M | $58.38M | $166.11M | $176.34M | $186.75M | $189.46M | $186.59M | $176.07M | $118.42M | $90.20M |
| Goodwill | $- | $- | $- | $- | $- | $36.22M | $36.22M | $11.00M | $272.00K | $272.00K |
| Intangible Assets | $11.23M | $13.49M | $15.86M | $18.25M | $20.66M | $28.88M | $31.52M | $18.62M | $6.22M | $6.42M |
| Goodwill and Intangible Assets | $11.23M | $13.49M | $15.86M | $18.25M | $20.66M | $65.10M | $67.74M | $29.61M | $6.49M | $6.69M |
| Long Term Investments | $- | $700.00K | $700.00K | $600.00K | $810.00K | $1.57M | $900.00K | $1.50M | $2.40M | $- |
| Tax Assets | $- | $89.59M | $89.12M | $85.13M | $84.75M | $-1.57M | $39.31M | $63.05M | $80.79M | $751.00K |
| Other Non-Current Assets | $1.76M | $-87.38M | $-86.81M | $-81.41M | $-76.99M | $10.14M | $7.48M | $5.34M | $7.53M | $7.62M |
| Total Non-Current Assets | $82.23M | $74.78M | $184.98M | $198.92M | $215.99M | $264.70M | $302.02M | $275.57M | $215.63M | $105.26M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $185.21M | $187.78M | $350.07M | $338.01M | $392.70M | $424.61M | $475.53M | $392.74M | $368.99M | $240.94M |
| Account Payables | $48.48M | $60.09M | $52.88M | $45.70M | $36.99M | $72.77M | $56.60M | $39.78M | $23.92M | $27.02M |
| Short Term Debt | $14.24M | $8.23M | $11.71M | $8.74M | $11.71M | $- | $89.98M | $28.58M | $1.43M | $3.33M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $11.07M | $- | $15.35M | $9.39M | $14.52M | $17.92M | $17.34M | $24.54M | $24.39M |
| Other Current Liabilities | $14.32M | $17.04M | $23.01M | $21.79M | $15.60M | $23.34M | $31.88M | $28.90M | $31.49M | $34.52M |
| Total Current Liabilities | $77.03M | $85.36M | $87.60M | $76.24M | $64.29M | $96.11M | $178.46M | $97.27M | $56.84M | $64.87M |
| Long Term Debt | $45.17M | $40.45M | $124.29M | $110.09M | $137.64M | $92.03M | $58.00K | $237.00K | $29.15M | $2.60M |
| Deferred Revenue Non-Current | $- | $-89.59M | $- | $42.68M | $71.84M | $73.19M | $- | $- | $- | $82.31M |
| Deferred Tax Liabilities Non-Current | $- | $89.59M | $735.00K | $1.16M | $1.49M | $1.79M | $- | $- | $- | $928.00K |
| Other Non-Current Liabilities | $17.46M | $23.86M | $33.43M | $46.71M | $78.86M | $77.18M | $67.96M | $80.10M | $100.41M | $82.53M |
| Total Non-Current Liabilities | $62.63M | $64.30M | $157.72M | $156.81M | $216.49M | $171.01M | $68.02M | $80.33M | $129.56M | $86.06M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $139.66M | $149.67M | $245.32M | $233.05M | $280.79M | $267.12M | $246.48M | $177.60M | $186.40M | $150.93M |
| Preferred Stock | $- | $- | $15.00K | $15.00K | $15.00K | $15.00K | $15.00K | $- | $- | $- |
| Common Stock | $21.27M | $20.14M | $18.47M | $17.85M | $17.35M | $17.04M | $16.95M | $16.85M | $16.78M | $16.66M |
| Retained Earnings | $-30.35M | $-26.48M | $52.70M | $66.31M | $108.54M | $146.18M | $220.31M | $221.18M | $196.78M | $106.86M |
| Accumulated Other Comprehensive Income Loss | $-25.32M | $-32.83M | $-38.43M | $-45.33M | $-76.03M | $-63.65M | $-62.04M | $-60.10M | $-63.63M | $-60.42M |
| Other Total Stockholders Equity | $79.96M | $77.28M | $72.00M | $66.11M | $62.04M | $57.91M | $53.82M | $41.49M | $32.66M | $26.91M |
| Total Stockholders Equity | $45.55M | $38.11M | $104.75M | $104.96M | $111.91M | $157.49M | $229.06M | $215.13M | $182.59M | $90.01M |
| Total Equity | $45.55M | $38.11M | $104.75M | $104.96M | $111.91M | $157.49M | $229.06M | $215.13M | $182.59M | $90.01M |
| Total Liabilities and Stockholders Equity | $185.21M | $187.78M | $350.07M | $338.01M | $392.70M | $424.61M | $475.53M | $392.74M | $368.99M | $240.94M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $185.21M | $187.78M | $350.07M | $338.01M | $392.70M | $424.61M | $475.53M | $392.74M | $368.99M | $240.94M |
| Total Investments | $200.00K | $700.00K | $700.00K | $600.00K | $810.00K | $1.57M | $900.00K | $368.00K | $25.59M | $23.66M |
| Total Debt | $59.41M | $48.68M | $135.41M | $115.09M | $143.48M | $92.03M | $89.98M | $28.82M | $2.47M | $5.93M |
| Net Debt | $53.58M | $43.44M | $125.59M | $104.83M | $83.47M | $85.05M | $87.54M | $22.57M | $-18.63M | $-9.23M |
Cash Flow Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-3.88M | $-79.18M | $-15.66M | $-41.65M | $-37.09M | $-73.59M | $-18.28M | $24.40M | $89.92M | $652.00K |
| Depreciation and Amortization | $11.59M | $22.17M | $23.81M | $27.62M | $29.90M | $31.07M | $30.46M | $22.97M | $20.77M | $24.18M |
| Deferred Income Tax | $- | $-735.00K | $-425.00K | $13.40M | $-300.00K | $41.65M | $17.15M | $15.48M | $-80.31M | $123.00K |
| Stock Based Compensation | $3.81M | $8.31M | $6.50M | $4.58M | $4.31M | $3.67M | $3.82M | $3.96M | $4.34M | $5.69M |
| Change in Working Capital | $-8.44M | $13.95M | $-801.00K | $19.11M | $-17.59M | $9.51M | $-27.56M | $13.04M | $-8.97M | $-9.76M |
| Accounts Receivables | $10.45M | $-939.00K | $-6.26M | $1.44M | $12.89M | $2.76M | $-4.63M | $-14.00K | $-3.48M | $2.08M |
| Inventory | $-7.95M | $19.79M | $-22.83M | $-9.38M | $19.53M | $16.19M | $-15.51M | $-8.50M | $3.61M | $20.47M |
| Accounts Payables | $-11.78M | $7.09M | $7.11M | $7.79M | $-35.78M | $16.55M | $3.86M | $8.88M | $-3.34M | $-16.84M |
| Other Working Capital | $847.00K | $-25.93M | $21.18M | $19.27M | $-14.23M | $-25.99M | $-11.29M | $12.68M | $-5.76M | $-15.47M |
| Other Non Cash Items | $-17.23M | $28.61M | $-24.88M | $-24.55M | $22.23M | $23.14M | $3.26M | $-37.74M | $1.88M | $6.04M |
| Net Cash Provided by Operating Activities | $-14.15M | $-6.88M | $-11.45M | $-1.49M | $1.46M | $35.45M | $8.86M | $42.11M | $27.63M | $26.93M |
| Investments in Property Plant and Equipment | $-13.84M | $-15.02M | $-15.16M | $-15.12M | $-17.56M | $-34.76M | $-37.02M | $-84.95M | $-50.48M | $-19.22M |
| Acquisitions Net | $- | $92.23M | $9.12M | $4.42M | $39.48M | $2.40M | $-39.61M | $-25.85M | $1.35M | $-1.20M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $-375.00K | $-5.14M | $-7.25M | $-3.66M |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $375.00K | $30.64M | $5.90M | $2.36M |
| Other Investing Activities | $28.57M | $11.23M | $9.12M | $4.42M | $39.48M | $2.40M | $1.99M | $-21.43M | $10.95M | $1.58M |
| Net Cash Used for Investing Activities | $14.72M | $88.44M | $-6.04M | $-10.70M | $21.92M | $-32.36M | $-74.64M | $-106.72M | $-39.53M | $-20.14M |
| Debt Repayment | $86.00K | $-85.77M | $17.41M | $-37.39M | $29.95M | $2.00M | $61.22M | $49.11M | $16.31M | $-4.48M |
| Common Stock Issued | $595.00K | $938.00K | $373.00K | $- | $129.00K | $507.00K | $1.34M | $688.00K | $1.69M | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $-38.00K | $-159.00K | $-116.00K |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-76.00K | $-368.00K | $-352.00K | $- | $-289.00K | $-542.00K | $763.00K | $650.00K | $1.53M | $861.00K |
| Net Cash Used Provided by Financing Activities | $10.00K | $-86.14M | $17.05M | $-37.39M | $29.66M | $1.46M | $61.98M | $49.76M | $17.84M | $-3.62M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $586.00K | $-4.58M | $-444.00K | $-49.58M | $53.03M | $4.54M | $-3.80M | $-14.85M | $5.93M | $3.17M |
| Cash at End of Period | $6.00M | $5.42M | $9.99M | $10.44M | $60.01M | $6.98M | $2.44M | $6.24M | $21.09M | $15.16M |
| Cash at Beginning of Period | $5.42M | $9.99M | $10.44M | $60.01M | $6.98M | $2.44M | $6.24M | $21.09M | $15.16M | $11.99M |
| Operating Cash Flow | $-14.15M | $-6.88M | $-11.45M | $-1.49M | $1.46M | $35.45M | $8.86M | $42.11M | $27.63M | $26.93M |
| Capital Expenditure | $-13.84M | $-15.02M | $-15.16M | $-15.12M | $-17.56M | $-34.76M | $-37.02M | $-84.95M | $-50.48M | $-19.22M |
| Free Cash Flow | $-27.99M | $-21.90M | $-26.62M | $-16.60M | $-16.11M | $690.00K | $-28.16M | $-42.84M | $-22.85M | $7.71M |