Clearfield, Inc. (CLFD)

Clearfield Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	178.21	166.71	268.72	270.88	140.76	93.08
Revenue Growth (YoY)	-2.14%	-37.96%	-0.80%	92.45%	51.23%	9.46%
Cost of Revenue	134.48	137.82	183.44	157.94	79.58	55.16
Gross Profit	43.73	28.89	85.28	112.95	61.18	37.92
Selling, General & Admin	52.77	52.11	47.99	47.53	35.94	29.53
Operating Expenses	52.77	52.11	47.99	47.53	35.94	29.53
Operating Income	-9.03	-23.22	37.29	65.42	25.23	8.38
Interest Expense	-0.45	-0.51	-0.88	-0.31	-	-
Interest & Investment Income	6.89	7.47	5.21	0.33	0.5	0.77
EBT Excluding Unusual Items	-2.59	-16.26	41.61	65.43	25.73	9.16
Merger & Restructuring Charges	-	-	-	-1.6	-	-
Pretax Income	-2.59	-16.26	41.61	63.83	25.73	9.16
Income Tax Expense	-0.74	-3.8	9.08	14.47	5.41	1.86
Net Income	-1.85	-12.45	32.53	49.36	20.33	7.29
Net Income to Common	-1.85	-12.45	32.53	49.36	20.33	7.29
Net Income Growth	-	-	-34.09%	142.84%	178.72%	59.72%
Shares Outstanding (Basic)	14	15	15	14	14	14
Shares Outstanding (Diluted)	14	15	15	14	14	14
Shares Change (YoY)	-5.91%	-2.86%	7.96%	0.88%	1.03%	1.43%
EPS (Basic)	-0.13	-0.85	2.17	3.58	1.48	0.53
EPS (Diluted)	-0.13	-0.85	2.17	3.55	1.47	0.53
EPS Growth	-	-	-38.87%	141.50%	177.36%	56.03%
Free Cash Flow	17.43	12.66	10.04	-6.89	8.86	4.85
Free Cash Flow Per Share	1.23	0.87	0.67	-0.49	0.64	0.35
Gross Margin	24.54%	17.33%	31.74%	41.70%	43.46%	40.74%
Operating Margin	-5.07%	-13.93%	13.88%	24.15%	17.93%	9.01%
Profit Margin	-1.04%	-7.47%	12.11%	18.22%	14.44%	7.84%
Free Cash Flow Margin	9.78%	7.59%	3.74%	-2.54%	6.29%	5.21%
EBITDA	-1.48	-15.81	43.34	68.84	27.54	10.81
EBITDA Margin	-0.83%	-9.48%	16.13%	25.41%	19.56%	11.61%
D&A For EBITDA	7.55	7.41	6.05	3.43	2.3	2.42
EBIT	-9.03	-23.22	37.29	65.42	25.23	8.38
EBIT Margin	-5.07%	-13.93%	13.88%	24.15%	17.93%	9.01%
Effective Tax Rate	-	-	21.82%	22.67%	21.01%	20.34%
Advertising Expenses	-	0.54	0.61	0.54	0.44	0.3

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q