Energy Services of America CORP
For the period ended Dec 31, 2024. Filed Feb 10, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 10, 2025
ESOA$9.06+5.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, · · September 30, | ||||||
| | 2024 | 2024 | ||||
| Assets | | | | | | |
| Current assets · · · · | ||||||
| Cash and cash equivalents | | $20,348,422 | | $12,926,036 | ||
| Accounts receivable-trade | | 64,644,803 | | 56,802,844 | ||
| Allowance for doubtful accounts | | (716,276) | | (738,526) | ||
| Retainage receivable | | 15,207,302 | | 11,704,281 | ||
| Other receivables | | 2,766,219 | | 1,047,952 | ||
| Contract assets | | 19,499,892 | | 24,595,792 | ||
| Prepaid expenses and other | | 3,102,649 | | 4,088,550 | ||
| Total current assets | | 124,853,011 | | 110,426,929 | ||
| | | | | | ||
| Property, plant and equipment, at cost | | 107,811,372 | | 91,885,621 | ||
| less accumulated depreciation | | (54,541,566) | | (53,749,907) | ||
| Total fixed assets | | 53,269,806 | | 38,135,714 | ||
| | | | | | | |
| Right-of-use assets-operating leases | | | 2,616,335 | | | 2,531,227 |
| Intangible assets, net | | | 3,934,713 | | | 3,065,576 |
| Goodwill | | | 7,428,761 | | | 4,087,554 |
| Total assets | | $192,102,626 | | $158,247,000 | ||
| | | | | | ||
| Liabilities and shareholders’ equity | | | | | ||
| Current liabilities | | | | | ||
| Current maturities of long-term debt | | $10,074,218 | | $6,372,915 | ||
| Current maturities of lines of credit and short term borrowings | | 10,317,818 | | 10,292,676 | ||
| Current maturities of operating lease liabilities | | | 1,102,801 | | | 907,503 |
| Accounts payable | | 26,827,002 | | 23,673,659 | ||
| Accrued expenses and other current liabilities | | 10,301,722 | | 13,855,533 | ||
| Contract liabilities | | 22,529,946 | | 16,950,988 | ||
| Income tax payable | | 2,293,580 | | 2,195,278 | ||
| Total current liabilities | | 83,447,087 | | 74,248,552 | ||
| | | | | | ||
| Long-term debt, less current maturities | | 39,224,530 | | 17,187,992 | ||
| Long-term operating lease liabilities, less current maturities | | | 1,515,236 | | | 1,625,424 |
| Deferred tax liability | | 6,869,060 | | 6,490,888 | ||
| Total liabilities | | 131,055,913 | | 99,552,856 | ||
| | | | | |||
| Shareholders’ equity | | | ||||
| Common stock, $.0001 par value Authorized 50,000,000 shares, 17,995,185 issued and 16,705,457 outstanding at December 31, 2024 and 17,860,413 issued and 16,570,685 outstanding at September 30, 2024 | | 1,803 | | 1,790 | ||
| Treasury stock, 1,289,728 shares at December 31, 2024 and September 30, 2024 | | (133) | | (133) | ||
| Additional paid in capital | | 62,282,908 | | 60,282,921 | ||
| Retained deficit | | (1,237,865) | | (1,590,434) | ||
| Total shareholders’ equity | | 61,046,713 | | 58,694,144 | ||
| Total liabilities and shareholders’ equity | | $192,102,626 | | $158,247,000 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.