Farmer Bros Co (FARM)

Consumer Defensive | Packaged Foods
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 82,054,000 90,021,000 85,066,000 84,396,000
Cost of Revenue 47,550,000 51,182,000 47,748,000 51,630,000
Gross Profit 34,504,000 38,839,000 37,318,000 32,766,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 35,654,000 36,294,000 38,480,000 37,984,000
Operating Expenses 38,067,000 37,821,000 40,146,000 37,984,000
Operating Income -3,563,000 1,018,000 -2,828,000 -4,147,000
Interest Expense -1,930,000 1,922,000 1,791,000 1,857,000
Income Before Tax -4,789,000 129,000 -4,869,000 -4,610,000
Income Tax Expense 187,000 -81,000 133,000 -18,000
Net Income -4,976,000 210,000 -5,002,000 -4,592,000
Per Share
EPS -0.23 0.01 -0.24 -0.22
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 342,281,000 341,094,000 339,964,000 469,193,000 397,850,000
Cost of Revenue 193,371,000 207,201,000 225,351,000 332,277,000 296,925,000
Gross Profit 148,910,000 133,893,000 114,613,000 136,916,000 100,925,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 147,024,000 153,020,000 140,712,000 154,449,000 138,448,000
Operating Expenses 150,371,000 136,143,000 140,712,000 154,449,000 138,448,000
Operating Income -1,461,000 -2,250,000 -20,959,000 -9,351,000 -38,173,000
Interest Expense 7,480,000 7,835,000 9,162,000 9,516,000 15,962,000
Income Before Tax -14,400,000 -3,861,000 -34,363,000 -15,962,000 -28,056,000
Income Tax Expense 116,000 14,000 -325,000 -301,000 13,595,000
Net Income -14,516,000 -3,875,000 -79,180,000 -15,661,000 -41,651,000
Per Share
EPS -0.68 -0.19 -4.04 -0.86 -2.39
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 6,796,000 5,830,000 5,244,000 9,819,000
Short Term Investments 0 0 0 323,000
Net Receivables 24,758,000 35,147,000 45,129,000 46,935,000
Inventory 49,839,000 57,230,000 49,276,000 99,618,000
Total Current Assets 85,546,000 102,981,000 112,996,000 165,092,000
Property Plant Equipment 66,192,000 69,243,000 58,375,000 166,107,000
Goodwill and Intangibles 9,033,000 11,233,000 13,493,000 15,863,000
Total Assets 161,232,000 185,213,000 187,781,000 350,071,000
Liabilities
Account Payables 37,669,000 48,478,000 60,088,000 52,877,000
Short Term Debt 16,773,000 14,239,000 8,233,000 11,521,000
Total Current Liabilities 71,027,000 77,033,000 85,365,000 87,603,000
Long Term Debt 36,495,000 45,167,000 40,448,000 123,885,000
Total Liabilities 117,684,000 139,664,000 149,669,000 245,323,000
Shareholders Equity
Retained Earnings -44,870,000 -30,354,000 -26,479,000 52,701,000
Total Shareholders Equity 43,548,000 45,549,000 38,112,000 104,748,000
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 6,796,000 5,830,000 5,244,000 9,819,000 10,263,000
Short Term Investments 0 0 0 323,000 0
Net Receivables 24,758,000 35,147,000 45,129,000 46,935,000 40,321,000
Inventory 49,839,000 57,230,000 49,276,000 99,618,000 76,791,000
Total Current Assets 85,546,000 102,981,000 112,996,000 165,092,000 139,086,000
Property Plant Equipment 66,192,000 69,243,000 58,375,000 166,107,000 176,345,000
Goodwill and Intangibles 9,033,000 11,233,000 13,493,000 15,863,000 18,252,000
Total Assets 161,232,000 185,213,000 187,781,000 350,071,000 338,006,000
Liabilities
Account Payables 37,669,000 48,478,000 60,088,000 52,877,000 45,703,000
Short Term Debt 16,773,000 14,239,000 8,233,000 11,521,000 7,404,000
Total Current Liabilities 71,027,000 77,033,000 85,365,000 87,603,000 76,240,000
Long Term Debt 36,495,000 45,167,000 40,448,000 123,885,000 108,440,000
Total Liabilities 117,684,000 139,664,000 149,669,000 245,323,000 233,047,000
Shareholders Equity
Retained Earnings -44,870,000 -30,354,000 -26,479,000 52,701,000 66,311,000
Total Shareholders Equity 43,548,000 45,549,000 38,112,000 104,748,000 104,959,000
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income -14,516,000 -3,875,000 -79,180,000 -15,661,000
Depreciation & Amortization 11,448,000 11,588,000 22,168,000 23,810,000
Stock Based Compensation 1,999,000 3,806,000 8,311,000 6,501,000
Change in Working Capital 3,039,000 -8,436,000 13,951,000 -801,000
Operating Cash Flow 16,097,000 -14,147,000 -6,880,000 -11,454,000
Investing Activities
Capital Expenditure -9,591,000 -13,843,000 -15,016,000 -15,163,000
Investments -9,591,000 -13,843,000 -15,016,000 -15,163,000
Investing Cash Flow -5,902,000 14,723,000 88,445,000 -6,045,000
Financing Activities
Debt Repayment -9,193,000 86,000 -139,772,000 -6,093,000
Common Stock Issued/Repurchased 0 595,000 938,000 373,000
Dividends Paid 0 0 0 0
Financing Cash Flow -9,226,000 10,000 -86,140,000 17,055,000
Summary
Free Cash Flow 6,506,000 -27,990,000 -21,896,000 -26,617,000
Net Change in Cash 969,000 586,000 -4,575,000 -444,000
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income -14,516,000 -3,875,000 -79,180,000 -15,661,000 -41,651,000
Depreciation & Amortization 11,448,000 11,588,000 22,168,000 23,810,000 27,625,000
Stock Based Compensation 1,999,000 3,806,000 8,311,000 6,501,000 4,580,000
Change in Working Capital 3,039,000 -8,436,000 13,951,000 -801,000 19,110,000
Operating Cash Flow 16,097,000 -14,147,000 -6,880,000 -11,454,000 -1,486,000
Investing Activities
Capital Expenditure -9,591,000 -13,843,000 -15,016,000 -15,163,000 -15,117,000
Investments -9,591,000 -13,843,000 -15,016,000 -15,163,000 -15,117,000
Investing Cash Flow -5,902,000 14,723,000 88,445,000 -6,045,000 -10,696,000
Financing Activities
Debt Repayment -9,193,000 86,000 -139,772,000 -6,093,000 -159,347,000
Common Stock Issued/Repurchased 0 595,000 938,000 373,000 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow -9,226,000 10,000 -86,140,000 17,055,000 -37,393,000
Summary
Free Cash Flow 6,506,000 -27,990,000 -21,896,000 -26,617,000 -16,603,000
Net Change in Cash 969,000 586,000 -4,575,000 -444,000 -49,575,000