Acme United Corporation is a supplier of first aid, safety, cutting, and measuring products for the school, home, office, hardware, and industrial markets. The company's portfolio includes brands such as Westcott, Clauss, Camillus, First Aid Only, and PhysiciansCare. Operating primarily in the United States, Canada, Europe, and Asia, Acme United distributes its products through mass market retailers, office supply stores, and industrial distributors.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
196,542
194,490
191,501
193,962
Cost of Sales
119,132
118,139
119,291
130,404
Gross Profit
77,410
76,351
72,210
63,559
Selling, General & Administrative Expenses
62,685
62,211
59,022
57,285
Operating Profit
14,725
14,140
13,189
6,273
Interest and Investment Income
—
—
(119)
(32)
Interest Expense
1,560
1,943
6,074
4,761
Non-Operating Income
(47)
95
25,046
0
Total Non-Operating Income
1,513
2,038
31,001
4,729
Income Before Provision for Income Taxes
13,118
12,292
22,735
3,662
Provision for Income Taxes
2,933
2,270
4,941
628
Consolidated Net Income
10,184
10,022
17,793
3,035
Net Income Attributable to Common Shareholders
10,184
10,022
17,793
3,035
Basic EPS
2.69
2.71
4.98
0.86
Diluted EPS
2.49
2.45
4.86
0.82
Basic Weighted Average Shares Outstanding
3,787
3,701
3,572
3,528
Diluted Weighted Average Shares Outstanding
4,087
4,099
3,658
3,719
Shares Outstanding
3,807
3,754
3,645
3,538
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
3,596
6,399
4,796
6,100
Total Cash and Cash Equivalents
3,596
6,399
4,796
6,100
Accounts Receivable
29,098
28,236
26,234
32,603
Total Trade Receivables
29,098
28,236
26,234
32,603
Inventories
59,852
56,254
55,470
63,325
Other Current Assets
3,649
4,571
5,523
3,571
Total Current Assets
96,195
95,460
92,024
105,600
Net Property, Plant & Equipment
45,422
36,479
30,027
29,048
Net Intangible Assets
19,473
20,323
19,001
20,791
Goodwill
9,908
9,908
8,189
8,189
Other Long-Term Assets
—
—
—
750
Total Assets
170,998
162,171
149,241
164,377
Accounts Payable
8,066
9,005
12,102
10,514
Accrued Expenses
12,906
11,866
12,392
10,078
Current Portion of Long-Term Debt
454
437
419
405
Current Portion of Leases
1,446
1,564
1,099
1,130
Total Current Liabilities
22,872
22,872
26,012
22,127
Long-Term Debt
21,285
27,474
23,389
60,609
Leases
5,532
3,367
1,026
1,683
Other Long-Term Liabilities
3,699
1,478
916
928
Total Long-Term Liabilities
30,515
32,318
25,331
63,220
Total Liabilities
53,387
55,190
51,343
85,347
Common Stock
13,379
13,248
12,966
12,699
Treasury Stock
(15,996)
(15,996)
(15,996)
(15,996)
Additional Paid-in Capital
19,506
17,981
15,918
13,448
Accumulated Other Comprehensive Income
(1,571)
(2,751)
(1,706)
(2,088)
Retained Earnings
102,293
94,498
86,716
70,967
Total Common Shareholders' Equity
117,611
106,981
97,899
79,030
Total Shareholders' Equity
117,611
106,981
97,899
79,030
Total Liabilities and Shareholders' Equity
170,998
162,171
149,241
164,377
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
10,184
10,022
17,793
3,035
Depreciation & Amortization
6,347
6,069
5,068
4,578
Share-Based Compensation Expense
1,994
2,183
1,940
1,803
Other Adjustments
2,561
983
(8,856)
83
Changes in Trade Receivables
(593)
(2,459)
6,329
1,839
Changes in Inventories
(3,072)
(330)
3,649
(9,607)
Changes in Accounts Payable
(1,056)
(2,982)
1,552
1,915
Changes in Accrued Expenses
927
(807)
2,374
(581)
Changes in Other Operating Activities
937
(704)
(950)
(173)
Cash from Operating Activities
18,229
11,975
28,899
2,892
Capital Expenditure
(10,652)
(7,149)
(4,674)
(4,304)
Purchases of Intangible Assets
—
—
(302)
(300)
Payments for Business Acquisitions
(1,652)
(6,891)
(750)
(9,622)
Proceeds from Business Divestments
—
1,100
13,153
—
Cash from Investing Activities
(12,304)
(12,939)
7,427
(14,227)
Issuance of Long-Term Debt
(5,771)
4,476
(36,836)
16,848
Repayments of Long-Term Debt
(430)
(413)
(410)
(401)
Net Issuance / (Repayments) of Long-Term Debt
(6,202)
4,063
(37,245)
16,447
Issuance of Common Shares
698
1,621
1,453
85
Repurchases of Common Shares
(1,036)
(1,459)
(655)
(352)
Net Issuance / (Repurchases) of Common Shares
(338)
163
797
(267)
Common Share Dividends Paid
(2,343)
(2,222)
(1,993)
(1,903)
Cash from Financing Activities
(8,883)
2,004
(38,441)
14,277
Effect of Exchange Rate Changes on Cash and Cash Equivalents
155
(187)
60
(185)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash