WILLAMETTE VALLEY VINEYARDS INC
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
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FY2024 · Filed Mar 25, 2025
WVVI$1.72+1.2%Stored close · as of Nov 9, 2026
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Statements of Operations
| Year ended | ||
|---|---|---|
| December 31, | ||
| 2024 | 2023 | |
| SALES, NET | $39,782,442 | $39,136,114 |
| COST OF SALES | 15,586,986 | 16,578,986 |
| GROSS PROFIT | 24,195,456 | 22,557,128 |
| OPERATING EXPENSES: | ||
| Sales and marketing | 17,119,837 | 17,564,103 |
| General and administrative | 6,503,761 | 6,200,227 |
| Total operating expenses | 23,623,598 | 23,764,330 |
| INCOME (LOSS) FROM OPERATIONS | 571,858 | (1,207,202) |
| OTHER INCOME (EXPENSE) | ||
| Interest expense, net | (1,016,180) | (594,079) |
| Other income, net | 99,629 | 114,827 |
| LOSS BEFORE INCOME TAXES | (344,693) | (1,686,454) |
| INCOME TAX BENEFIT | 226,799 | 487,861 |
| NET LOSS | (117,894) | (1,198,593) |
| Preferred stock dividends | (2,252,941) | (2,047,097) |
| NET LOSS APPLICABLE TO COMMON SHAREHOLDERS | $(2,370,835) | $(3,245,690) |
| Loss per common share after preferred dividends, basic and diluted | $(0.48) | $(0.65) |
| Weighted-average number of common shares outstanding, basic and diluted | 4,964,529 | 4,964,529 |
WILLAMETTE VALLEY VINEYARDS, INC.
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