CHICAGO RIVET & MACHINE CO
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 28, 2024
CVR$9.61-8.6%Stored close · as of Nov 9, 2026
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Consolidated Statements of
| CHICAGO RIVET & MACHINE CO. | ||
|---|---|---|
| Consolidated Statements of Operations | ||
| Year Ended December 31, 2023 | Year Ended December 31, 2022 | |
| Net Sales | $ 31,507,722 | $ 33,646,033 |
| Cost of Goods Sold | 32,107,312 | 29,830,710 |
| Gross Profit (Loss) | (599,590) | 3,815,323 |
| Operating (Income) Expenses: | ||
| Selling and Administrative Expenses | 5,237,656 | 4,992,521 |
| Gain on Sale of Property | - | (4,738,394) |
| Total Operating Expenses | 5,237,656 | 254,127 |
| Operating Profit (Loss) | (5,837,246) | 3,561,196 |
| Other Income | 108,234 | 91,433 |
| Income (Loss) Before Income Taxes | (5,729,012) | 3,652,629 |
| Provision (Benefit) for Income Taxes | (1,327,428) | 785,000 |
| Net Income (Loss) | $ (4,401,584) | $ 2,867,629 |
| Per Share Data: | ||
| Basic net income (loss) per share | $ (4.56) | $ 2.97 |
| Diluted net income (loss) per share | $ (4.56) | $ 2.97 |
| Weighted Average Common Shares Outstanding: | ||
| Basic | 966,132 | 966,132 |
| Diluted | 966,132 | 966,132 |
| Cash Dividends Declared Per Share | $ 0.64 | $ 0.88 |
| The accompanying notes are an integral part of the Consolidated Financial Statements. | ||
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