PROFIRE ENERGY INC (PFIE) [Rocket]

Overview

PROFIRE ENERGY INC (PFIE)

Add to portfolio

1m \| 3m \| 6m \| 1y \| 2y \| 5y \| 10y

Recent News + Filings (All items)

Date Filed	Type	Description
08/09/2023	8-K	Quarterly results
08/09/2023	10-Q	Quarterly Report for the period ended June 30, 2023
07/06/2023	8-K	Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics  Interactive Data
07/03/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
07/03/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
07/03/2023	4	SPOEHEL RONALD R (Director) has filed a Form 4 on PROFIRE ENERGY INC
06/16/2023	S-8	Form S-8 - Securities to be offered to employees in employee benefit plans:

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Mar-31-16	Mar-31-15
Revenues	45.9	26.4	21.5	39.0	45.6	38.3	27.1	51.2
Revenue growth	74.3%	22.8%	-45.0%	-14.5%	19.1%		-47.1%	2831.3%
Cost of goods sold	24.3	15.0	11.9	19.5	22.7	18.0	13.4	24.0
Gross profit	21.7	11.4	9.5	19.5	22.9	20.3	13.6	27.2
Gross margin	47.1%	43.3%	44.4%	50.1%	50.2%	52.9%	50.4%	53.2%
Selling, general and administrative
Research and development	1.4	1.1	1.3	1.9	1.4	1.2	0.9	1.8
General and administrative	14.4	11.5	10.6	13.5	13.0	11.7	12.3	16.3
EBIT	4.9	-2.2	-3.4	3.0	7.8	6.8	-0.1	8.5
EBIT margin	10.6%	-8.4%	-15.8%	7.8%	17.2%	17.7%	-0.2%	16.7%
Pre-tax income	5.7	-1.7	-2.7	3.6	8.6	7.1	0.2	8.6
Income taxes	1.7	-0.6	-0.5	1.5	2.5	2.7	0.1	2.8
Tax rate	30.6%	37.4%	18.2%	43.3%	29.3%	37.5%	78.6%	33.1%
Net income	3.9	-1.1	-2.2	2.0	6.1	4.4	0.0	5.7
Net margin	8.6%	-4.0%	-10.1%	5.2%	13.3%	11.6%	0.1%	11.2%

Diluted EPS	$0.08	($0.02)	($0.05)	$0.04	$0.12	$0.09	$0.00	$0.11
Shares outstanding (diluted)	48.4	48.1	47.8	48.1	49.2	49.9	53.6	51.7

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.