ARTS WAY MANUFACTURING CO INC

EDGAR

Annual consolidated revenue for 2025: about USD 22.98M, using the latest reported figures. The previous period, 2024, was about USD 24.5M.

Watchlist

Latest quarter

Revenue

5.62 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating margin

-1.25%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: -70002 USD Source
  • Revenue: 5615156 USD Source

Operating cash flow

1.34 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1848223 USD Source
  • Operating Cash Flow: 510409 USD Source

Free cash flow

12.9 thousand USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1848223 USD Source
  • Operating Cash Flow: 510409 USD Source
  • Capital Expenditure: 1841984 USD Source
  • Capital Expenditure: 517053 USD Source
Cash and cash equivalents
2.86 thousand USD Source
Exact value

2855 USD

Long-term debt including current maturities
2.36 million USD Source
Exact value

2361437 USD

Shares outstanding
4.23 million xbrli-shares Source
Exact value

4225050 xbrli-shares

Reported share-count change

1.59% · 66.3 thousand xbrli-shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 4158752 xbrli-shares · 2017-11-30· Source
  • 4225050 xbrli-shares · 2018-11-30· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-13.

Financial data available through: 2025-11-30.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2025-11-30
  • Operating income: 6 of 11 periods available· newest 2025-11-30
  • Net income: 8 of 11 periods available· newest 2025-11-30
  • Operating cash flow: 6 of 11 periods available· newest 2025-11-30
  • Capital expenditure: 6 of 11 periods available· newest 2025-11-30
  • Total assets: 6 of 11 periods available· newest 2025-11-30
  • Total liabilities: 6 of 11 periods available· newest 2025-11-30
  • Current assets: 6 of 11 periods available· newest 2025-11-30
  • Current liabilities: 6 of 11 periods available· newest 2025-11-30
  • Cash and cash equivalents: 6 of 11 periods available· newest 2025-11-30
  • Long-term debt including current maturities: 6 of 11 periods available· newest 2025-11-30
  • Shares outstanding: 4 of 11 periods available· newest 2018-11-30

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -6.2%

    Prior period

    USD 24.5 million

    –

    Current period

    USD 22.98 million

    –

    Exact inputs and evidence

    22975408 − 24499371 = -1523963 USD

    24499371 USD · 2023-12-01 – 2024-11-30

    Inspect prior input Prior source

    22975408 USD · 2024-12-01 – 2025-11-30

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  • Net income

    +236.7%

    Prior period

    USD 307,375

    –

    Current period

    USD 1.03 million

    –

    Exact inputs and evidence

    1034899 − 307375 = 727524 USD

    307375 USD · 2023-12-01 – 2024-11-30

    Inspect prior input Prior source

    1034899 USD · 2024-12-01 – 2025-11-30

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  • Operating cash flow

    -134.4%

    Prior period

    USD 2.63 million

    –

    Current period

    −USD 904,143

    –

    Exact inputs and evidence

    -904143 − 2626700 = -3530843 USD

    2626700 USD · 2023-12-01 – 2024-11-30

    Inspect prior input Prior source

    -904143 USD · 2024-12-01 – 2025-11-30

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  • Capital expenditure

    -13.4%

    Prior period

    USD 724,679

    –

    Current period

    USD 627,615

    –

    Exact inputs and evidence

    627615 − 724679 = -97064 USD

    724679 USD · 2023-12-01 – 2024-11-30

    Inspect prior input Prior source

    627615 USD · 2024-12-01 – 2025-11-30

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2024-12-01 – 2025-11-30

  • Revenue USD 22.98 million 100% of revenue
  • Cost of revenue USD 16.71 million 73% of revenue
  • Operating expenses USD 5.98 million 26% of revenue
  • Operating income USD 289,455 1.3% of revenue
  • Tax, interest and other Derived −USD 745,444 −3.2% of revenue
  • Net income USD 1.03 million 4.5% of revenue

Cash

  • Operating cash flow −USD 904,143 −3.9% of revenue
  • Capital expenditure USD 627,615 2.7% of revenue
  • Free cash flow Derived −USD 1.53 million −6.7% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Operating loss: operating costs were 117% of revenue.
  • 2021 98%
  • 2022 98%
  • 2023 95%
  • 2024 98%
  • 2025 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2019-12-01 – 2020-11-3022409123 26318757 Derived -3909634 -1806148 Derived -2103486 -1549728 Derived
Source
2021 2020-12-01 – 2021-11-3024965086 24441678 Derived 523408 310777 Derived 212631 -1606138 Derived
Source
2022 2021-12-01 – 2022-11-3025646152 25041434 Derived 604718 506921 Derived 97797 -717760 Derived
Source
2023 2022-12-01 – 2023-11-3030280957 28749716 Derived 1531241 1264272 Derived 266969 -896978 Derived
Source
2024 2023-12-01 – 2024-11-3024499371 24038674 Derived 460697 153322 Derived 307375 1902021 Derived
Source
2025 2024-12-01 – 2025-11-3022975408 22685953 Derived 289455 -745444 Derived 1034899 -1531758 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 23M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.32.7M24.5M16.4M8.2M0.0202020232025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Revenue22409123
2021Revenue24965086
2022Revenue25646152
2023Revenue30280957
2024Revenue24499371
2025Revenue22975408

Revenue growth

Change in revenue from the same financial period one year earlier.

-6.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21%10%-1%-11%-22%202020232025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year11.4%
2022Year over year2.7%
2023Year over year18.1%
2024Year over year-19.1%
2025Year over year-6.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 1.3% 2025
Net margin 4.5% 2025
Free cash flow margin -6.7% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.8%2.5%-4.8%-12.2%-19.5%202020232025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin-17.4%
2021Operating margin2.1%
2022Operating margin2.4%
2023Operating margin5.1%
2024Operating margin1.9%
2025Operating margin1.3%
2020Net margin-9.4%
2021Net margin0.9%
2022Net margin0.4%
2023Net margin0.9%
2024Net margin1.3%
2025Net margin4.5%
2020Free cash flow margin-6.9%
2021Free cash flow margin-6.4%
2022Free cash flow margin-2.8%
2023Free cash flow margin-3%
2024Free cash flow margin7.8%
2025Free cash flow margin-6.7%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -904.1K 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.9M1.9M820.4K-227.2K-1.3M202020232025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Operating cash flow-856314
2021Operating cash flow-985854
2022Operating cash flow951721
2023Operating cash flow-55194
2024Operating cash flow2626700
2025Operating cash flow-904143

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -1.5M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.2M1.2M147.9K-869.4K-1.9M202020232025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Free cash flow-1549728
2021Free cash flow-1606138
2022Free cash flow-717760
2023Free cash flow-896978
2024Free cash flow1902021
2025Free cash flow-1531758

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

40.8% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.58%43%29%14%0%202020232025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets47.3%
2021Liabilities / assets50.3%
2022Liabilities / assets53.4%
2023Liabilities / assets52.3%
2024Liabilities / assets43.1%
2025Liabilities / assets40.8%

Current assets to current liabilities

Current assets divided by current liabilities.

2.3× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.48×1.86×1.24×0.62×0.00×202020232025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities1.67×
2021Current assets / current liabilities1.58×
2022Current assets / current liabilities1.53×
2023Current assets / current liabilities1.61×
2024Current assets / current liabilities1.98×
2025Current assets / current liabilities2.3×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2019-12-01 – 2020-11-30
−USD 2.1 million
Exact value

Exact value: -2103486 USD

2019-12-01 – 2020-11-30: -2103486 USD Inspect Net Income Open source
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−USD 856,314
Exact value

Exact value: -856314 USD

2019-12-01 – 2020-11-30: -856314 USD Inspect Operating Cash Flow Open source
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USD 693,414
Exact value

Exact value: 693414 USD

2019-12-01 – 2020-11-30: 693414 USD Inspect Capital Expenditure Open source
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−USD 1.55 million
Calculation and evidence

-856314 − 693414 USD

Exact free cash flow: -1549728 USD

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2021 2020-12-01 – 2021-11-30
USD 212,631
Exact value

Exact value: 212631 USD

2020-12-01 – 2021-11-30: 212631 USD Inspect Net Income Open source
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−USD 985,854
Exact value

Exact value: -985854 USD

2020-12-01 – 2021-11-30: -985854 USD Inspect Operating Cash Flow Open source
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USD 620,284
Exact value

Exact value: 620284 USD

2020-12-01 – 2021-11-30: 620284 USD Inspect Capital Expenditure Open source
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−USD 1.61 million
Calculation and evidence

-985854 − 620284 USD

Exact free cash flow: -1606138 USD

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2022 2021-03-01 – 2022-02-28
−USD 406,489
Exact value

Exact value: -406489 USD

2021-03-01 – 2022-02-28: -406489 USD Inspect Net Income Open source
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Unavailable Not reported for this period.
Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.

2022 2021-12-01 – 2022-11-30
USD 97,797
Exact value

Exact value: 97797 USD

2021-12-01 – 2022-11-30: 97797 USD Inspect Net Income Open source
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USD 951,721
Exact value

Exact value: 951721 USD

2021-12-01 – 2022-11-30: 951721 USD Inspect Operating Cash Flow Open source
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USD 1.67 million
Exact value

Exact value: 1669481 USD

2021-12-01 – 2022-11-30: 1669481 USD Inspect Capital Expenditure Open source
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−USD 717,760
Calculation and evidence

951721 − 1669481 USD

Exact free cash flow: -717760 USD

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2023 2022-03-01 – 2023-02-28
USD 342,210
Exact value

Exact value: 342210 USD

2022-03-01 – 2023-02-28: 342210 USD Inspect Net Income Open source
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Unavailable Not reported for this period.
Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.

2023 2022-12-01 – 2023-11-30
USD 266,969
Exact value

Exact value: 266969 USD

2022-12-01 – 2023-11-30: 266969 USD Inspect Net Income Open source
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−USD 55,194
Exact value

Exact value: -55194 USD

2022-12-01 – 2023-11-30: -55194 USD Inspect Operating Cash Flow Open source
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USD 841,784
Exact value

Exact value: 841784 USD

2022-12-01 – 2023-11-30: 841784 USD Inspect Capital Expenditure Open source
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−USD 896,978
Calculation and evidence

-55194 − 841784 USD

Exact free cash flow: -896978 USD

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2024 2023-12-01 – 2024-11-30
USD 307,375
Exact value

Exact value: 307375 USD

2023-12-01 – 2024-11-30: 307375 USD Inspect Net Income Open source
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USD 2.63 million
Exact value

Exact value: 2626700 USD

2023-12-01 – 2024-11-30: 2626700 USD Inspect Operating Cash Flow Open source
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USD 724,679
Exact value

Exact value: 724679 USD

2023-12-01 – 2024-11-30: 724679 USD Inspect Capital Expenditure Open source
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USD 1.9 million
Calculation and evidence

2626700 − 724679 USD

Exact free cash flow: 1902021 USD

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2025 2024-12-01 – 2025-11-30
USD 1.03 million
Exact value

Exact value: 1034899 USD

2024-12-01 – 2025-11-30: 1034899 USD Inspect Net Income Open source
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−USD 904,143
Exact value

Exact value: -904143 USD

2024-12-01 – 2025-11-30: -904143 USD Inspect Operating Cash Flow Open source
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USD 627,615
Exact value

Exact value: 627615 USD

2024-12-01 – 2025-11-30: 627615 USD Inspect Capital Expenditure Open source
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−USD 1.53 million
Calculation and evidence

-904143 − 627615 USD

Exact free cash flow: -1531758 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

169 filings · 7,781 latest values · 7,781 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000007623, 7623, ARTW, artw, edgar:7623

Also known as ARTS WAY MANUFACTURING CO INC, ART’S-WAY MANUFACTURING CO., INC.