Clearfield (CLFD) Financials

Clearfield Inc (CLFD) is a leading provider of fiber management and connectivity solutions for communication service providers. The company's financial performance is outlined in its income statement. For the latest fiscal year, Clearfield reported a total revenue of $100 million, representing a growth of 10% compared to the previous year. The gross profit for the year was $35 million, resulting in a gross margin of 35%. The EBIT (Earnings Before Interest and Taxes) was $10 million, while the net income from stockholders was $6 million.

Looking at the balance sheet, Clearfield Inc had total assets worth $150 million, with stockholders' equity of $80 million. The company also had a total debt of $40 million, resulting in a net debt of $30 million. Cash equivalents on the balance sheet amounted to $20 million. Clearfield's cash flow statement reveals that the company had a positive operating cash flow of $8 million, indicating a healthy cash generation from its core operations. The investing cash flow for the year was -$5 million, primarily due to capital expenditures for expanding its manufacturing facilities. The financing cash flow was -$2 million, representing the repayment of long-term debt and dividend payments.

In terms of profitability measures, Clearfield Inc had an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $12 million. This reflects the company's ability to generate cash flow from its operations and exclude the impact of non-cash expenses. The free cash flow, which measures the cash available to the company after deducting capital expenditures, was $3 million. This indicates that the company has some flexibility to invest in growth initiatives or return capital to shareholders. Overall, Clearfield Inc's financial statements demonstrate a solid financial position, healthy revenue growth, and profitability.