Income Statement Omega Flex, Inc.

Stocks

OFLX

US6820951043

Industrial Machinery & Equipment

Market Closed - Nasdaq 01:30:00 04/09/2026 am IST			5-day change	1st Jan Change
26.20 ^USD	+0.81%		-2.60%	-11.01%

13/08	Omega Flex, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
13/08	Omega Flex Q2 Earnings, Revenue Fall	MT

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Published financial data: OMEGA FLEX, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	13Cr	13Cr	11Cr	10Cr	9.83Cr
Total Revenues	13Cr	13Cr	11Cr	10Cr	9.83Cr
Cost of Goods Sold, Total	4.85Cr	4.72Cr	4.31Cr	3.94Cr	3.93Cr
Gross Profit	8.15Cr	7.83Cr	6.84Cr	6.23Cr	5.9Cr
Selling General & Admin Expenses, Total	4.19Cr	4.26Cr	3.87Cr	3.66Cr	3.7Cr
R&D Expenses	46.1L	47.33L	38.68L	40.68L	50.41L
Other Operating Expenses, Total	4.65Cr	4.73Cr	4.26Cr	4.07Cr	4.21Cr
Operating Income	3.51Cr	3.1Cr	2.58Cr	2.16Cr	1.69Cr
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	35T	2L	17L	22.78L	19.89L
Net Interest Expenses	35T	2L	17L	22.78L	19.89L
Currency Exchange Gains (Loss)	21T	-2L	46T	-2L	3L
EBT, Excl. Unusual Items	3.51Cr	3.1Cr	2.75Cr	2.36Cr	1.93Cr
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	3.51Cr	3.1Cr	2.75Cr	2.36Cr	1.93Cr
Income Tax Expense	88.62L	73.27L	68.25L	57.07L	46.67L
Earnings From Continuing Operations	2.63Cr	2.37Cr	2.07Cr	1.79Cr	1.46Cr
Net Income to Company	2.63Cr	2.37Cr	2.07Cr	1.79Cr	1.46Cr
Minority Interest	-61T	-30T	43T	99T	2L
Net Income - (IS)	2.62Cr	2.36Cr	2.08Cr	1.8Cr	1.48Cr
Net Income to Common Incl Extra Items	2.62Cr	2.36Cr	2.08Cr	1.8Cr	1.48Cr
Net Income to Common Excl. Extra Items	2.62Cr	2.36Cr	2.08Cr	1.8Cr	1.48Cr
Per Share Items
Net EPS - Basic	2.6	2.34	2.06	1.78	1.47
Basic EPS - Continuing Operations	2.6	2.34	2.06	1.78	1.47
Basic Weighted Average Shares Outstanding	1.01Cr	1.01Cr	1.01Cr	1.01Cr	1.01Cr
Net EPS - Diluted	2.6	2.34	2.06	1.78	1.47
Diluted EPS - Continuing Operations	2.6	2.34	2.06	1.78	1.47
Diluted Weighted Average Shares Outstanding	1.01Cr	1.01Cr	1.01Cr	1.01Cr	1.01Cr
Normalized Basic EPS	2.17	1.92	1.71	1.47	1.22
Normalized Diluted EPS	2.17	1.92	1.71	1.47	1.22
Dividend Per Share	1.18	1.26	1.31	1.35	1.36
Payout Ratio	56.76	40.17	63.21	75.09	92.59
Supplemental Items
EBITDA	3.61Cr	3.21Cr	2.69Cr	2.28Cr	1.83Cr
EBITA	3.51Cr	3.1Cr	2.58Cr	2.16Cr	1.69Cr
EBIT	3.51Cr	3.1Cr	2.58Cr	2.16Cr	1.69Cr
EBITDAR	3.65Cr	3.26Cr	2.74Cr	2.38Cr	1.92Cr
Effective Tax Rate - (Ratio)	25.23	23.65	24.78	24.16	24.24
Current Domestic Taxes	82.59L	85.79L	61L	57.31L	46.18L
Current Foreign Taxes	3L	84T	-3T	-29T	-
Total Current Taxes	85.57L	86.63L	60.97L	57.02L	46.18L
Deferred Domestic Taxes	3L	-13.29L	9L	2L	2L
Deferred Foreign Taxes	-2T	-7T	-1L	-2L	-2L
Total Deferred Taxes	3L	-13.36L	7L	5T	49T
Normalized Net Income	2.19Cr	1.93Cr	1.73Cr	1.49Cr	1.23Cr
Supplemental Operating Expense Items
Advertising Expense	9L	10L	9L	9L	10.25L
Selling and Marketing Expenses	2.04Cr	2.19Cr	2.1Cr	2.05Cr	2.07Cr
General and Administrative Expenses	2.14Cr	2.06Cr	1.77Cr	1.61Cr	1.63Cr
Research And Development Expense From Footnotes	46.1L	47.33L	38.68L	40.68L	50.41L
Net Rental Expense, Total	4L	5L	5L	9L	9L
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	5L	2L	3L	54T	2L
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	5L	2L	3L	54T	2L

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	3.29Cr	3.77Cr	4.64Cr	5.17Cr	5.32Cr
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	3.29Cr	3.77Cr	4.64Cr	5.17Cr	5.32Cr
Accounts Receivable, Total	2.07Cr	1.75Cr	1.54Cr	1.44Cr	1.37Cr
Total Receivables	2.07Cr	1.75Cr	1.54Cr	1.44Cr	1.37Cr
Inventory	1.56Cr	1.78Cr	1.56Cr	1.46Cr	1.34Cr
Other Current Assets, Total	25.33L	27.85L	28.74L	29.83L	27.27L
Total Current Assets	7.17Cr	7.58Cr	8.02Cr	8.36Cr	8.3Cr
Gross Property Plant And Equipment	2.63Cr	2.69Cr	2.83Cr	3.23Cr	3.37Cr
Accumulated Depreciation	-1.43Cr	-1.53Cr	-1.64Cr	-1.77Cr	-1.91Cr
Net Property Plant And Equipment	1.19Cr	1.16Cr	1.19Cr	1.46Cr	1.46Cr
Goodwill	35.26L	35.26L	35.26L	35.26L	35.26L
Deferred Tax Assets Long-Term	7T	9L	2L	4L	6L
Other Long-Term Assets, Total	17.02L	58.71L	44.4L	37.34L	32.18L
Total Assets	8.89Cr	9.77Cr	10Cr	11Cr	10Cr
Liabilities
Accounts Payable, Total	33.55L	22.9L	20.9L	26.61L	25.28L
Accrued Expenses, Total	1.54Cr	94.91L	78.8L	60.03L	52.14L
Current Portion of Leases	4L	4L	5L	7L	8L
Current Income Taxes Payable	1T	1L	2L	7L	-
Other Current Liabilities	36.6L	1Cr	74.68L	73.52L	74.45L
Total Current Liabilities	2.28Cr	2.24Cr	1.81Cr	1.74Cr	1.6Cr
Long-Term Leases	29.9L	27.63L	24.92L	45.66L	39.86L
Pension & Other Post Retirement Benefits	4L	3L	3L	3L	2L
Deferred Tax Liability Non Current	4L	6T	-	2L	4L
Other Non Current Liabilities	17.64L	10.47L	5L	3L	3L
Total Liabilities	2.84Cr	2.65Cr	2.14Cr	2.27Cr	2.09Cr
Common Stock, Total	1L	1L	1L	1L	1L
Additional Paid In Capital	1.1Cr	1.1Cr	1.1Cr	1.1Cr	1.1Cr
Retained Earnings	5.01Cr	6.1Cr	6.85Cr	7.29Cr	7.4Cr
Treasury Stock	-1T	-1T	-1T	-1T	-1T
Comprehensive Income and Other	-8L	-11.03L	-9L	-9L	-9L
Total Common Equity	6.04Cr	7.1Cr	7.87Cr	8.31Cr	8.42Cr
Minority Interest	2L	2L	2L	67T	-2L
Total Equity	6.05Cr	7.12Cr	7.89Cr	8.32Cr	8.4Cr
Total Liabilities And Equity	8.89Cr	9.77Cr	10Cr	11Cr	10Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.01Cr	1.01Cr	1.01Cr	1.01Cr	1.01Cr
ECS Total Common Shares Outstanding	1.01Cr	1.01Cr	1.01Cr	1.01Cr	1.01Cr
Book Value / Share	5.98	7.03	7.8	8.23	8.34
Tangible Book Value	5.68Cr	6.75Cr	7.52Cr	7.96Cr	8.07Cr
Tangible Book Value Per Share	5.63	6.68	7.45	7.88	7.99
Total Debt	33.73L	32.1L	29.46L	52.78L	47.57L
Net Debt	-2.95Cr	-3.45Cr	-4.34Cr	-4.64Cr	-4.85Cr
Debt Equivalent Oper. Leases	33.68L	40.32L	37.36L	75.12L	75.44L
Minority Interest, Total (Incl. Fin. Div)	2L	2L	2L	67T	-2L
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	96.62L	1.1Cr	94.36L	78.83L	65.59L
Inventories - Finished Goods, Total	59.03L	67.44L	61.61L	66.76L	68.38L
Land - (BS)	12.05L	12.05L	12.05L	12.05L	12.05L
Buildings, Total	66.4L	66.4L	66.4L	69.33L	70.72L
Machinery, Total	1.46Cr	1.54Cr	1.71Cr	1.83Cr	2Cr
Full Time Employees	170	177	168	175	172
Accumulated Allowance for Doubtful Accounts (Supple)	14.1L	11.11L	11.26L	9L	9L

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	2.62Cr	2.36Cr	2.08Cr	1.8Cr	1.48Cr
Depreciation & Amortization - CF	10.2L	10.96L	10.99L	12.55L	13.63L
Depreciation & Amortization, Total	10.2L	10.96L	10.99L	12.55L	13.63L
Stock-Based Compensation (CF)	5L	2L	3L	54T	2L
Provision and Write-off of Bad Debts	3L	-3L	5T	-3L	-9T
Other Operating Activities, Total	5L	-12.16L	22.54L	8L	4L
Change In Accounts Receivable	-9L	33.96L	21.82L	12.31L	8L
Change In Inventories	-41.85L	-25.78L	12.27L	8L	13.67L
Change In Accounts Payable	9L	-10.02L	-2L	6L	-1L
Change in Other Net Operating Assets	9L	-79.27L	-41.95L	-16.83L	-15.33L
Cash from Operations	2.51Cr	1.52Cr	2.34Cr	2.09Cr	1.72Cr
Capital Expenditure	-10L	-9L	-16.42L	-20.06L	-18.22L
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Cash from Investing	-10L	-9L	-16.42L	-20.06L	-18.22L
Common Dividends Paid	-1.49Cr	-94.89L	-1.31Cr	-1.35Cr	-1.37Cr
Common & Preferred Stock Dividends Paid	-1.49Cr	-94.89L	-1.31Cr	-1.35Cr	-1.37Cr
Special Dividend Paid	-	-	-	-	-
Cash from Financing	-1.49Cr	-94.89L	-1.31Cr	-1.35Cr	-1.37Cr
Foreign Exchange Rate Adjustments	-31T	-25T	-3T	19T	-95T
Net Change in Cash	92.8L	47.9L	86.53L	53.43L	15.27L
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	96.02L	86.78L	60.57L	55.35L	58.25L
Levered Free Cash Flow	1.82Cr	2Cr	1.58Cr	1.38Cr	1.09Cr
Unlevered Free Cash Flow	1.82Cr	2Cr	1.58Cr	1.38Cr	1.09Cr
Change In Net Working Capital	43.13L	-3L	91T	-10.07L	-6L

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	27.31	20.78	16.29	13.08	10.04
Return on Total Capital	39.56	28.03	20.65	15.84	11.94
Return On Equity %	49.11	35.91	27.62	22.11	17.45
Return on Common Equity	49.21	35.97	27.75	22.27	17.72
Margin Analysis
Gross Profit Margin %	62.71	62.4	61.33	61.23	60.02
SG&A Margin	32.2	33.91	34.72	36.02	37.67
EBITDA Margin %	27.75	25.59	24.13	22.45	18.61
EBITA Margin %	26.97	24.72	23.15	21.21	17.22
EBIT Margin %	26.97	24.72	23.15	21.21	17.22
Income From Continuing Operations Margin %	20.2	18.85	18.59	17.62	14.84
Net Income Margin %	20.15	18.82	18.63	17.72	15.08
Net Avail. For Common Margin %	20.15	18.82	18.63	17.72	15.08
Normalized Net Income Margin	16.84	15.41	15.48	14.62	12.49
Levered Free Cash Flow Margin	13.96	15.93	14.16	13.56	11.06
Unlevered Free Cash Flow Margin	13.96	15.93	14.16	13.56	11.06
Asset Turnover
Asset Turnover	1.62	1.34	1.13	0.99	0.93
Fixed Assets Turnover	12.36	10.66	9.49	7.66	6.72
Receivables Turnover (Average Receivables)	6.37	6.57	6.78	6.84	7.01
Inventory Turnover (Average Inventory)	3.58	2.83	2.58	2.61	2.81
Short Term Liquidity
Current Ratio	3.15	3.38	4.43	4.8	5.2
Quick Ratio	2.35	2.47	3.41	3.79	4.19
Operating Cash Flow to Current Liabilities	1.1	0.68	1.3	1.2	1.08
Days Sales Outstanding (Average Receivables)	57.28	55.6	53.81	53.53	52.07
Days Outstanding Inventory (Average Inventory)	101.92	128.92	141.26	140	129.84
Average Days Payable Outstanding	20.24	20.86	19.53	22.65	24.83
Cash Conversion Cycle (Average Days)	138.96	163.65	175.54	170.88	157.08
Long Term Solvency
Total Debt/Equity	5.57	4.51	3.74	6.35	5.66
Total Debt / Total Capital	5.28	4.32	3.6	5.97	5.36
LT Debt/Equity	4.94	3.88	3.16	5.49	4.74
Long-Term Debt / Total Capital	4.68	3.71	3.05	5.16	4.49
Total Liabilities / Total Assets	31.91	27.14	21.33	21.45	19.96
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	0.09	0.1	0.11	0.22	0.25
Net Debt / EBITDA	-0.81	-1.06	-1.59	-1.95	-2.52
Total Debt / (EBITDA - Capex)	0.09	0.1	0.11	0.24	0.27
Net Debt / (EBITDA - Capex)	-0.83	-1.09	-1.69	-2.13	-2.78
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	22.89	-3.48	-11.17	-8.78	-3.33
Gross Profit, 1 Yr. Growth %	22.51	-3.96	-12.69	-8.93	-5.24
EBITDA, 1 Yr. Growth %	31.1	-11	-16.24	-15.14	-19.85
EBITA, 1 Yr. Growth %	31.55	-11.54	-16.82	-16.39	-21.51
EBIT, 1 Yr. Growth %	31.55	-11.54	-16.82	-16.39	-21.51
Earnings From Cont. Operations, 1 Yr. Growth %	31.5	-9.92	-12.4	-13.54	-18.59
Net Income, 1 Yr. Growth %	31.57	-9.82	-12.1	-13.24	-17.69
Normalized Net Income, 1 Yr. Growth %	32.3	-11.68	-10.72	-13.88	-17.41
Diluted EPS Before Extra, 1 Yr. Growth %	31.57	-9.82	-12.1	-13.24	-17.69
Accounts Receivable, 1 Yr. Growth %	3.23	-15.55	-12.24	-6.38	-4.98
Inventory, 1 Yr. Growth %	35.23	14.13	-12.2	-6.66	-7.98
Net Property, Plant and Equip., 1 Yr. Growth %	31.36	-2.8	2.43	23.15	-0.3
Total Assets, 1 Yr. Growth %	24.23	9.86	2.61	5.64	-0.88
Tangible Book Value, 1 Yr. Growth %	33.42	18.7	11.43	5.89	1.35
Common Equity, 1 Yr. Growth %	30.87	17.6	10.87	5.62	1.29
Cash From Operations, 1 Yr. Growth %	30.24	-39.38	53.63	-10.95	-17.66
Capital Expenditures, 1 Yr. Growth %	72.16	-2.99	74.31	22.17	-9.17
Levered Free Cash Flow, 1 Yr. Growth %	10.71	10.13	-21.07	-12.61	-21.16
Unlevered Free Cash Flow, 1 Yr. Growth %	10.54	10.13	-21.07	-12.61	-21.16
Dividend Per Share, 1 Yr. Growth %	5.36	6.78	3.97	3.05	0.74
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	8.05	8.91	-7.41	-9.98	-6.09
Gross Profit, 2 Yr. CAGR %	7.55	8.47	-8.43	-10.83	-7.1
EBITDA, 2 Yr. CAGR %	26.24	8.02	-13.66	-15.69	-17.53
EBITA, 2 Yr. CAGR %	26.47	7.87	-14.22	-16.6	-18.99
EBIT, 2 Yr. CAGR %	26.47	7.87	-14.22	-16.6	-18.99
Earnings From Cont. Operations, 2 Yr. CAGR %	22.75	8.84	-11.17	-12.97	-16.1
Net Income, 2 Yr. CAGR %	23.1	8.92	-10.97	-12.67	-15.5
Normalized Net Income, 2 Yr. CAGR %	24.4	8.1	-11.2	-12.32	-15.67
Diluted EPS Before Extra, 2 Yr. CAGR %	23.1	8.92	-10.97	-12.67	-15.5
Accounts Receivable, 2 Yr. CAGR %	10.26	-6.63	-13.91	-9.36	-5.68
Inventory, 2 Yr. CAGR %	18.53	24.23	0.1	-9.47	-7.32
Net Property, Plant and Equip., 2 Yr. CAGR %	11.08	13	-0.22	12.31	10.81
Total Assets, 2 Yr. CAGR %	20.75	16.83	6.17	4.12	2.33
Tangible Book Value, 2 Yr. CAGR %	29.56	25.84	15.01	8.62	3.59
Common Equity, 2 Yr. CAGR %	27.06	24.06	14.19	8.21	3.43
Cash From Operations, 2 Yr. CAGR %	25.21	-11.14	-3.49	16.96	-14.37
Capital Expenditures, 2 Yr. CAGR %	-10.97	29.24	30.04	45.93	5.34
Levered Free Cash Flow, 2 Yr. CAGR %	16.22	10.42	-6.76	-16.95	-17
Unlevered Free Cash Flow, 2 Yr. CAGR %	16.22	10.34	-6.76	-16.95	-17
Dividend Per Share, 2 Yr. CAGR %	4.53	6.07	5.36	3.51	1.89
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.28	4.06	1.76	-7.87	-7.82
Gross Profit, 3 Yr. CAGR %	7.25	3.57	0.9	-8.6	-9
EBITDA, 3 Yr. CAGR %	10.27	12.35	-0.76	-14.16	-17.1
EBITA, 3 Yr. CAGR %	9.97	12.26	-1.08	-14.95	-18.27
EBIT, 3 Yr. CAGR %	9.97	12.26	-1.08	-14.95	-18.27
Earnings From Cont. Operations, 3 Yr. CAGR %	9	10.72	1.24	-11.96	-14.89
Net Income, 3 Yr. CAGR %	9.16	10.97	1.41	-11.73	-14.38
Normalized Net Income, 3 Yr. CAGR %	9.73	10.98	1.42	-12.1	-14.05
Diluted EPS Before Extra, 3 Yr. CAGR %	9.15	10.97	1.41	-11.73	-14.38
Accounts Receivable, 3 Yr. CAGR %	8	0.88	-8.54	-11.47	-7.92
Inventory, 3 Yr. CAGR %	24.96	17.05	10.66	-2.2	-8.98
Net Property, Plant and Equip., 3 Yr. CAGR %	12.54	6.24	9.36	7.03	7.94
Total Assets, 3 Yr. CAGR %	0.79	17	11.88	6	2.42
Tangible Book Value, 3 Yr. CAGR %	-3.14	25.83	20.84	11.88	6.14
Common Equity, 3 Yr. CAGR %	-2.97	23.83	19.5	11.26	5.85
Cash From Operations, 3 Yr. CAGR %	6.1	-1.68	6.65	-6.05	4.05
Capital Expenditures, 3 Yr. CAGR %	-20.38	-8.38	42.79	27.36	24.59
Levered Free Cash Flow, 3 Yr. CAGR %	7.12	14.15	-1.27	-8.76	-18.38
Unlevered Free Cash Flow, 3 Yr. CAGR %	7.12	14.15	-1.32	-8.76	-18.38
Dividend Per Share, 3 Yr. CAGR %	7.87	5.27	5.36	4.59	2.58
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.69	4.27	0.58	-1.8	-1.46
Gross Profit, 5 Yr. CAGR %	7.09	4.86	0.68	-2.45	-2.38
EBITDA, 5 Yr. CAGR %	10.05	5.37	-0.01	0.16	-7.84
EBITA, 5 Yr. CAGR %	9.87	5.07	-0.43	-0.32	-8.68
EBIT, 5 Yr. CAGR %	9.87	5.07	-0.43	-0.32	-8.68
Earnings From Cont. Operations, 5 Yr. CAGR %	12.54	8.34	0.43	0.56	-6.09
Net Income, 5 Yr. CAGR %	12.75	8.57	0.61	0.83	-5.72
Normalized Net Income, 5 Yr. CAGR %	10.51	5.2	0.82	1	-5.79
Diluted EPS Before Extra, 5 Yr. CAGR %	12.74	8.56	0.61	0.83	-5.72
Accounts Receivable, 5 Yr. CAGR %	6.67	2.28	-1.36	-3.34	-7.41
Inventory, 5 Yr. CAGR %	16.12	17.28	14.35	5.62	3.08
Net Property, Plant and Equip., 5 Yr. CAGR %	22.09	10.65	7.25	8.63	9.94
Total Assets, 5 Yr. CAGR %	4.73	4.85	2.91	11.67	7.96
Tangible Book Value, 5 Yr. CAGR %	6.16	5.37	3.74	18.64	13.62
Common Equity, 5 Yr. CAGR %	5.73	5.06	3.56	17.33	12.79
Cash From Operations, 5 Yr. CAGR %	11.25	-3.32	2.15	5.39	-2.32
Capital Expenditures, 5 Yr. CAGR %	33.04	-21.16	-3.12	10.37	26.43
Levered Free Cash Flow, 5 Yr. CAGR %	2.22	20.79	1.34	0.52	-7.89
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.22	20.79	1.34	0.52	-7.92
Dividend Per Share, 5 Yr. CAGR %	-	13.81	6.86	4.56	3.96