Wed, Mar 19, 1:50 PM (39 days ago)
**U.S. Premium Beef, LLC (USPB) (Ticker: N/A)** **Financial Performance (2024):** - **Revenue:** $12.4 billion (NBP) - **Net Income:** $7.5 million (USPB), $49.0 million (NBP) - **Operating Expenses:** $3.3 million (USPB) - **Earnings per Share:** $1.02 (Class A), $8.95 (Class B) - **Cash Flow:** $754,000 (Operating), -$10,224,000 (Investing), -$10,003,000 (Financing) **Strategic Overview:** - **Mission:** Increase beef quality and profitability for cattle producers. - **Operations:** Integrated cattle processing and marketing. - **Alliances:** Supplier alliance with National Beef Packing Company, LLC (NBP). **Future Outlook:** - **Growth:** Focus on value-added markets and global supply. - **Challenges:** Market fluctuations, regulatory compliance, and operational risks. **Risk Factors:** - **Market Risks:** Price volatility, supply chain disruptions. - **Operational Risks:** Labor shortages, regulatory changes. - **Financial Risks:** Credit risk, interest rate fluctuations. **Financial Condition:** - **Liquidity:** $67.5 million (Net Working Capital), $39.0 million (Cash and Cash Equivalents). - **Debt:** $1.0 million (Revolving Term Commitment), no long-term debt. **Market Position Changes:** - **Competitive Landscape:** NBP is one of the largest beef processors in the U.S. - **Market Share:** Approximately 14% of fed cattle slaughter in the U.S. **Amendment Details:** - **Purpose:** Correct audit report date and file new certifications. - **Impact:** No changes to financial statements or operations.