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Gencor Industries Inc   (GENC)
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Gencor Industries Inc

GENC's Financial Statements and Analysis



Gencor Industries Inc reported in the first quarter of 2024 net earnings per share of $0.30 an increase by 25 % year on year from $0.24 and an improvement of 44.1 % from $0.21 realized in IV. Quarter (Sep 30 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 0.3 $  26 Mill
$+0.06     +25 % Unch.     -1.13 %



Gencor Industries Inc 's Revenue fell by -1.13 % in first quarter of 2024 (Dec 31 2023) year on year, to $26 million and advanced by 20.45 % sequentially.


Gencor Industries Inc is

More on GENC's Income Statement



Gencor Industries Inc 's net income of $4.326 million in the first quarter of 2024 increased by 24.45 % from net earnings of $3.476 million achieved in I. Quarter a year ago.

Sequentially net earnings grew by 39.32 % from net income of $3.105 million realized in previous quarter.

More on GENC's Growth

Gencor Industries Inc Inventories
Inventories grew by 21.74 % to $72 million from I. Quarter a year ago, sequentially inventories rose by 0.95 %. GENC's Cash flow In the first quarter of 2024 company's net cash flow was $2 million, capital expenditures grew by -0.705-48.09%, to $0 millions compare to same quarter a year ago

More on GENC's Cash flow Statement


Gencor Industries Inc does not pay out common stock dividend.

In trailing twelve-month period Gencor Industries Inc earned $ 1.04 cash per share, on a free-cash flow basis 98.06 % of net earning per share.

Book value grew by 4.13 % sequentially to $12.89 per share, 106.57% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 12.89 per share from $ 12.38.

Company repurchased 0.25 million shares or 1.68 % in Dec 31 2023.


More on GENC's Dividends

 Market Capitalization (Millions) 233
 Shares Outstanding (Millions) 14
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 105
 Net Income (TTM) (Millions $) 16
 Cash Flow (TTM) (Millions $) 13
 Capital Exp. (TTM) (Millions $) -2
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 216




Gencor Industries Inc does not pay out common stock dividend.

In trailing twelve-month period Gencor Industries Inc had $ 1.04 cash flow per share, on a free-cash flow basis 98.06 % of net earning per share.

Book value grew by 4.13 % sequentially to $12.89 per share, 106.57% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 12.89 per share from $ 12.38.

Company repurchased 0.25 million shares or 1.68 % in Dec 31 2023.


More on GENC's Balance Sheets

 Market Capitalization (Millions) 233
 Shares Outstanding (Millions) 14
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 105
 Net Income (TTM) (Millions $) 16
 Cash Flow (TTM) (Millions $) 13
 Capital Exp. (TTM) (Millions $) -2
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 216
   


  News about Gencor Industries Inc Earnings

Gencor Industries Inc. Demonstrates Resilience and Profitability During Challenging Quarters

The financial results of Gencor Industries Inc. for the fiscal time-frame ending December 31, 2023, present an interesting picture of the company's performance. While the revenue decreased slightly, the company managed to raise its earnings per share and saw a significant improvement in its bottom line. This demonstrates the company's ability to optimize its operations and increase profitability even in the face of challenges.
The increase in earnings per share and net income, despite a decrease in revenue, is a positive sign for investors. It shows that Gencor Industries Inc. is able to control its costs and effectively manage its resources to generate higher profits. The improvement in profit margins, ...

Gencor Industries Inc. Soars to New Heights with a 194.72% Profit Surge in Q4 2023


Date: December 13, 2023
Gencor Industries Inc (NYSE American: GENC) has released its financial results for the fourth quarter of 2023, presenting positive performance across various key indicators.
Earnings per Share (EPS): GENC'...

Gencor Industries Inc Defies Revenue Decline, Achieves Positive Income and Promising Future Growth


Subtitle: Positive Income Signals Encouraging Future Prospects for Investors
[City], [Date] - Gencor Industries Inc, a renowned Construction and Mining Machinery company, exhibited impressive resilience during the fiscal period from April to June 2023, despite a decline in revenue. The company's prudent financial management and emphasis on improving profit margins have positioned it favorably for future growth and success.
Despite revenue deteriorating by -7.201% to $27.51 million compared to the same period last year, Gencor Industries Inc managed to achieve a positive income of $0.22 per share. This marks a significant improvement from the previous year's deficit of $-0.07 per share. The compa...

GENCsn Suffers -0.499% Top-Line Decrease in Second Quarter 2023 Performance

position.
Gencor Industries Inc, a Construction and Mining Machinery company, has reported positive results for its second quarter of 2023 with a Date modified: 2024-02-06T23:37:55+00:00



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