Arts-Way Manufacturing | 10-Q: FY2025 Q3 Revenue: USD 6.432 M

Revenue: As of FY2025 Q3, the actual value is USD 6.432 M.

EPS: As of FY2025 Q3, the actual value is USD 0.05.

EBIT: As of FY2025 Q3, the actual value is USD 428.4 K.

Agricultural Products Segment

• Revenue: $2,983,000 for the three months ended August 31, 2025, compared to $2,988,000 for the same period in 2024, a decrease of $5,000 or 0.2%.
• Gross Profit: $546,000 for the three months ended August 31, 2025, compared to $814,000 for the same period in 2024.
• Operating Expense: $1,029,000 for the three months ended August 31, 2025, compared to $1,287,000 for the same period in 2024.
• Income (Loss) from Operations: -$483,000 for the three months ended August 31, 2025, compared to -$472,000 for the same period in 2024.
• Gross Margin: 18.3% for the three months ended August 31, 2025, compared to 27.2% for the same period in 2024.

Modular Buildings Segment

• Revenue: $3,449,000 for the three months ended August 31, 2025, compared to $2,888,000 for the same period in 2024, an increase of $561,000 or 19.4%.
• Gross Profit: $1,220,000 for the three months ended August 31, 2025, compared to $886,000 for the same period in 2024.
• Operating Expense: $392,000 for the three months ended August 31, 2025, compared to $259,000 for the same period in 2024.
• Income (Loss) from Operations: $828,000 for the three months ended August 31, 2025, compared to $626,000 for the same period in 2024.
• Gross Margin: 35.4% for the three months ended August 31, 2025, compared to 30.7% for the same period in 2024.

Cash Flow

• Net Cash Provided by (Used in) Operating Activities: -$14,992 for the nine months ended August 31, 2025, compared to $1,429,984 for the same period in 2024.
• Net Cash Used in Investing Activities: -$465,670 for the nine months ended August 31, 2025, compared to -$613,567 for the same period in 2024.
• Net Cash Provided by (Used in) Financing Activities: $484,762 for the nine months ended August 31, 2025, compared to -$815,312 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue building inventory through the fiscal year-end to be responsive to farmers’ needs, despite low demand. They anticipate that conditions will start to improve in the next 9 to 15 months in the agricultural market.
• Non-Core Business: The Modular Buildings segment is exploring new markets, including datacenters and chemical production facilities, to expand its competitiveness.